Last checked at 4 Aug 2015 08:00
[Reference Translation]
August 4, 2015
To Whom It May Concern:
Company Name: TOYOTA MOTOR CORPORATION
Name and Title of Representative:
Akio Toyoda, President
(Code Number: 7203
Securities exchanges throughout Japan)
Name and Title of Contact Person:
Yasushi Kyoda, General Manager,
Accounting Division
(Telephone Number: 0565-28-2121)
Notice Concerning Matters Relating to
the Repurchases of Shares of Common Stock
(Repurchases of Shares under Articles of Incorporation pursuant to Article 165,
Paragraph 2 of the Companies Act of Japan)
We hereby inform you that, in relation to each of the repurchases of shares of our common stock pursuant to Article 156 of the Companies Act of Japan (the "Companies Act") as applied pursuant to Article 165, Paragraph 3 of the Companies Act, which were informed on April 28, 2015 and June 16, 2015, and on May 8, 2015, Toyota Motor Corporation ("TMC") has determined the specific method of repurchases and the details of matters relating to repurchases.
I. Repurchase of shares resolved at meetings of the board of directors held on April 28, 2015 and June 16, 2015 (Repurchase of shares in order to avoid dilution of common shares of TMC as a result of the issuance of the First Series Model AA Class Shares)
1. Method of repurchase
Discretionary trading by a securities company
2. Details of matters relating to repurchase
(1) Class of shares to be repurchased Common shares of TMC
(2) Total number of shares to be repurchased 47.1 million shares (maximum)
(3) Total purchase price for repurchase of shares 600 billion JPY (maximum)
(4) Period of repurchase From August 10, 2015 to November 30, 2015
II. Repurchase of shares resolved at a meeting of the board of directors held on May 8, 2015 (Repurchase of shares in order to return capital to shareholders in addition to promoting capital efficiency and agile capital policy in view of the business environment)
1. Method of repurchase
Purchase in the market through a trust bank
2. Details of matters relating to repurchase
(1) Class of shares to be repurchased Common shares of TMC
(2) Total number of shares to be repurchased 40 million shares (maximum)
(3) Total purchase price for repurchase of shares 300 billion JPY (maximum)
(4) Period of repurchase From December 1, 2015 to March 24, 2016
(References)
1. Details of the resolution relating to the repurchase of shares (announced on April 28, 2015 and June 16, 2015)
(1) Class of shares to be repurchased Common shares of TMC
(2) Total number of shares to be repurchased 50 million shares (maximum)
Up to the same number as the number
of the First Series Model AA Class Shares
to be issued
(3) Total purchase price for repurchase of shares 600 billion JPY (maximum)
(4) Period of repurchase From July 27, 2015 to March 31, 2016
2. Details of the resolution relating to the repurchase of shares (announced on May 8, 2015)
(1) Class of shares to be repurchased Common shares of TMC
(2) Total number of shares to be repurchased 40 million shares (maximum)
(3) Total purchase price for repurchase of shares 300 billion JPY (maximum)
(4) Period of repurchase After the issuance of the First Series Model AA Class Shares, the offering terms for which was resolved at the meeting of the board of directors of TMC held on April 28, 2015, subject to approval at the ordinary general shareholders' meeting held in June 2015, until March 31, 2016