Toyota Technical Development Subsidiary in Japan to Reorganize to Strengthen Toyota’s R&D Development Structure

Toyota Motor Corporation (TMC) and subsidiary Toyota Technical Development Corporation (TTDC) have agreed to reorganize TTDC on January 1, 2016, integrating TTDC’s vehicle R&D business, which includes vehicle engineering, testing and prototype-building, along with approximately 5,000 TTDC employees, into TMC. TTDC will continue its business of measuring-instrument development, data analysis, and other such R&D support functions.