Toyota Group's New Corporate Structure Aimed at
Strengthening Production in Japan

Toyota Motor Corporation ("Toyota" (President: Akio Toyoda)) and subsidiaries Toyota Auto Body Co., Ltd. ("Toyota Auto Body" (President: Takuji Amioka)) and Kanto Auto Works, Ltd. ("Kanto Auto Works" (President: Tetsuo Hattori)) have reached an agreement with respect to the conversion of Toyota Auto Body and Kanto Auto Works to wholly-owned subsidiaries of Toyota through share exchanges (expected January 2012).