New Year's Greetings from Toyota President Watanabe

There can be no doubt that global competition in the automobile industry will continue to intensify. We will also be under increasing pressure to make a higher-level response to issues such as preservation of the global environment, energy and traffic safety. Therefore, as in 2005, we have defined the new year as a year for solidifying our business foundations while continuing our growth, and we will take action with an emphasis on reinforcing strategic measures geared toward growth and reinforcing the foundations of that growth.