Nov. 07, 2007
Notice Concerning Acquisition of Own Shares
(Acquisition of Own Shares under Article 156 of the Corporation Act)
At a meeting held on November 7, 2007, the Board of Directors of Toyota Motor Corporation ("TMC") resolved to acquire its own shares pursuant to a resolution adopted at the 103rd Ordinary General Shareholders' Meeting. We hereby inform you of the following:
| 1. | Reasons for acquisition of TMC's own shares | ||
| To improve capital efficiency and implement flexible capital policies in accordance with the business environment. | |||
| 2. | Details of acquisition | ||
| (1) | Type of shares to be acquired | Shares of common stock of TMC | |
| (2) | Aggregate number of shares to be acquired | Up to 15,000,000 shares | |
| (3) | Aggregate purchase price of shares | Up to JPY 110,000,000,000 | |
| (4) | Method of acquisition | Purchase in the market through a trust bank | |
| (5) | Acquisition period | From November 9, 2007 to November 29, 2007 |
|
[Reference]
| Matters resolved at the 103rd Ordinary General Shareholders' Meeting held on June 22, 2007 | ||||
| · | Type of shares to be acquired | Shares of common stock of TMC | ||
| · | Aggregate number of shares to be acquired | Up to 30,000,000 shares | ||
| · | Aggregate purchase price of shares | Up to JPY 250,000,000,000 | ||
| Shares acquired as of November 7, 2007 | ||||
| · | Aggregate number of shares acquired | 5,000,000 shares | ||
| · | Aggregate purchase price of shares | JPY 36,475,506,000 | ||
