Mar. 28, 2023

Toyota to Establish a New Company to Promote the Fuji Motorsports Forest Project
Fuji Speedway to Become a Wholly Owned Subsidiary of the New Company

Fuji International Speedway Co., Ltd.
Toyota Motor Corporation

Toyota Motor Corporation (Toyota) will establish a new company, Fuji Motorsports Forest, Inc., on April 3 to promote the Fuji Motorsports Forest Project. Fuji International Speedway Co., Ltd. will become a wholly owned subsidiary of the new company after Toyota receives a part of the shares held by Mitsubishi Estate Co., Ltd. and Taisei Corporation.

With this new structure, we will further strengthen cooperation with Fuji Speedway, Fuji Speedway Hotel, Fuji Motorsports Museum, and Toyota Fudosan Co., Ltd., which is in charge of area development, to continue making Fuji a place where people who enjoy or work in motorsports, adults and children alike will want to visit.

Overview of New Company

Name	Fuji Motorsports Forest, Inc.
Location	627 Nakajima Omika Oyamacho Suntogun Shizuoka
Capital Stock	100 million yen (Capital structure: Toyota Motor Corporation 100%)
Representative	Representative Director, President Ryo Sakai
Established	April 3, 2023

Overview of Fuji International Speedway Co., Ltd.

Name	Fuji International Speedway Co., Ltd.
Location	694 Nakahinata Oyamacho Suntogun Shizuoka
Capital Stock	700 million yen (Capital structure: Fuji Motorsports Forest, Inc. 100%)
Representative	Representative Director, President Ryo Sakai

Click here for an overview of the Fuji Motorsports Forest Project and a message from Akio Toyoda (April 6, 2022).

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.