May. 08, 2009

Notice Concerning Distribution of Dividends from Surplus

 

At a meeting held on May 8, 2009, the Board of Directors of Toyota Motor Corporation (''TMC'') resolved to propose an agenda asking for authorization to distribute dividends from surplus, with record date dated March 31, 2009, at the 105th Ordinary General Shareholders' Meeting to be held on June 23, 2009. In relation to the above, we hereby inform you of the following:

1. Details of dividends
 
  Amount to be
proposed as
Year-end dividend
for FY2009		 Most recent
dividend forecast		 Year-end dividend
paid for FY2008
Record Date March 31, 2009 March 31, 2009 March 31, 2008
Dividend
per share		 35.00 yen Not reported 75.00 yen
Total amount
of dividends		 109,755 million yen - 236,195 million yen
Effective date June 24, 2009 - June 25, 2008
Source of
dividends		 Retained earnings - Retained earnings

2. Reason for the dividend amount
TMC deems the benefit of its shareholders as one of its priority management policies and TMC will strive to continue to pay dividends while giving due consideration to factors such as business results for each term, investment plans and its cash reserves.

With respect to dividends for FY2009, TMC has determined that, since TMC is facing the most difficult business environment in its history, it is extremely difficult to maintain the level of dividends paid in FY2008. Therefore, TMC plans to propose a year-end dividend of 35 yen per share, a decrease of 40 yen compared with that in FY2008, and an annual dividend of 100 yen per share, combined with the interim dividend of 65 yen per share.


[Reference]
Details of Dividends for the fiscal year
 
  Dividend per share (yen)
Record date End of interim period End of fiscal period Total
Dividends for FY2009
(ended March 31, 2009)		 65.00 35.00
(plan)		 100.00
(plan)
Dividends for FY2008
(ended March 31, 2008)		 65.00 75.00 140.00