Toyota to Launch the TOYOTA NEXT Open Innovation Program

December 7, 2016 - February 20, 2017

1. Big Data
   • Data that can be acquired from connected cars
2. Points of Contact
   • Dealer Network
   • Owned Media (toyota.jp, LINE accounts, email magazines, etc.)
3. Products & services
   • Smart Key Box (a device that locks and unlocks a car using a smartphone)
   • TransLog (a vehicle transport management service for corporate customers)
   • i-Road (a personal mobility vehicle)
   • T-Connect (communications services using navigation and other functions)
   • TC Smartphone Navigation App (a navigation service accessed via a smartphone)

In addition to the above, Toyota's product lineup (vehicles and accessories) can be used.

The above assets are indicated on the premise of investigation, and separate consultations will be necessary to determine if specific assets can be provided to create services.

1. Safe and secure services that eliminate the lack of security regarding mobility for all people
2. Services that promote automobile use which provides a more pleasant and enjoyable mobility experience
3. Services that will help attract car fans and enhance owner loyalty
4. One-to-one services that make use of data in Toyota's possession
5. Dealer services provided by Toyota dealers nationwide

Proposals for innovative services that do not fall under any of the above topics may also be submitted.

https://toyotanext.jp

• Individual engineers, persons engaged in R&D, and others and organizations such as universities and companies that are developing innovative technologies, solutions, or services that can be expected to have business applications

Entrants are not restricted by age or nationality, as long as proposals are submitted in Japanese.

Individual engineers and persons engaged in R&D and organizations or teams that are unincorporated at the time of submission may submit proposals.

All companies ranging from startups/ventures, small and medium businesses, to large enterprises, or a single division of a company may submit proposals.

• Expectations of potential collaborative business or synergy effects with Toyota Motor Corporation
• Ability to allocate resources towards measures for carrying out joint development with Toyota Motor Corporation during the screening, and after the selection of the TOYOTA NEXT program
• Ability to consider with a positive attitude, collaboration with Toyota including a capital tie-up or business tie-up over the medium to long term
• Submitted materials, presentations, etc. are to be in Japanese.
• Business details may not be contrary to established standards that maintain public order and morals

• Submission of documents (by February 20)
• Document review (late February)
• Initial screening (March)
• Secondary screening (April-June)
• Final screening (scheduled for mid-July)
• Final selection of companies (late July)
• Service development and launch (after August)

The number of companies to be selected has not been determined at this time.

• Shigeki Tomoyama, Senior Managing Officer, Toyota Motor Corporation
• Yasuhiko Sato, Managing Officer, Toyota Motor Corporation
• Shuichi Murakami, Managing Officer, Toyota Motor Corporation
• Rei Inamoto, Co-Founder and Creative Director, Inamoto & Co.
• Tomoya Sasaki, Senior Vice President, Digital Garage, Inc.
• Toyota Next Office (Toyota Motor Corporation / Open Network Lab)
• A small number of experts in their respective fields have also been selected

• Inamoto & Co.
  TOYOTA NEXT creative oversight and selection support
• Digital Garage, Inc. & DG Incubation, Inc.
  TOYOTA NEXT operational office and selection support

• Toyota will provide support for service development expenses. The resulting outputs (intellectual property, technology, and know-how) will be owned by both the selected company and Toyota.
• Both the selected company and Toyota will be able to use the outputs without charge.
• All outputs will be handled as confidential information (the confidentiality period will be determined separately).
• However, separate consultations will be conducted in the following cases:
  • In the case where Toyota bears all service development expenses;
  • In the case where the other party's intellectual property, technology, or know-how is used; and
  • In the case where Toyota invests in the selected company.
• Toyota will not respond to individual inquiries regarding details of the screening, or the screening results.
• Entrants must pay all expenses relating to the submission of proposals.
• In the event of any conduct that contradicts standards that maintains public order and morals during the program period, the decision of the selection will be invalidated.
• Entrants must ensure in advance, that copyrights and other intellectual property rights of third parties are not infringed.
• It is possible to submit an entry even if investment has been obtained from another company, but the investor's approval must be obtained.