Mar. 02, 2021

TMC Announces Personnel Changes in Senior Professional/Senior Management Employees

News Release Organizational and Personnel Information

Toyota City, Japan, March 2, 2021―Toyota Motor Corporation (TMC) intends to implement changes to its senior professional/senior management employees, as described below, effective April 1, 2021.

New senior professionals/senior management, effective April 1, 2021

Name		Current Title
	Hiroyoshi Korosue	Managing director, Sumitomo Mitsui Banking Corporation

Senior professionals/senior management resigning posts April 1, 2021

Name
	Johan van Zyl ^*1
	Akihiro Fukutome ^*2
	Yoshihiro Uozumi
	Satoshi Ogiso ^*3

*1	Remaining as Chairman of Toyota South Africa Motors (Pty) Ltd.
*2	Returning to Sumitomo Mitsui Banking Corporation
*3	Retirement effective June, 2021

Changes in areas of responsibility for senior management

*Newly appointed

Name		Current	New
^*	Hiroyoshi Korosue	Managing director, Sumitomo Mitsui Banking Corporation	Sales Financial Business Group (Chief Officer) Toyota Financial Services Co., Ltd.
	Matthew Harrison	Toyota Motor Europe NV/SA	Europe Region (Chief Executive Officer) Toyota Motor Europe NV/SA
	Tatsuro Ueda	China Region (Chief Executive Officer) Toyota Motor (China) Investment Co., Ltd.	China Region (Chief Executive Officer) Toyota Motor (China) Investment Co., Ltd. China Office (General Manager)
	Satoshi Maekawa	Toyota Motor (China) Investment Co., Ltd. China Office (General Manager)	Tianjin FAW Toyota Motor Co., Ltd.
	Hayato Shibakawa	Tianjin FAW Toyota Motor Co., Ltd. Toyota Motor Technical Center China Co., Ltd.	Toyota Motor Technical Center China Co., Ltd.
	Hiroyuki Fujiwara	GAC Toyota Motor Co., Ltd.	GAC Toyota Motor Co., Ltd. ^*4

*4	Appointed President from Vice President

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.