Comment on Media Report

[Reference Translation]

July 20, 2012

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:

Tetsuya Otake,

General Manager, Accounting Division

(Telephone Number: 0565-28-2121)

Media Reports about Toyota's Consignment Production

Toyota Motor Corporation ("Toyota") hereby announces that certain media reports released today,about Toyota's consignment production, are not based on any official announcements made by Toyota.