Announcement regarding change in management

EX-99.1 2 d685095dex991.htm ANNOUNCEMENT REGARDING CHANGE IN MANAGEMENT Announcement regarding change in management

[Reference Translation]

February 26, 2014

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:

Hiroshi Nishida,

Project General Manager of Accounting Division

(Telephone Number: 0565-28-2121)

TMC Names New Executives

Toyota Motor Corporation (TMC) announced today that the board of directors resolved at a meeting held on February 26, 2014, planned executive changes as described below.

1. Executive changes effective April 1, 2014

New Senior Managing Officers


Name		Current Title
Satoru Mouri		Managing officer
Moritaka Yoshida		Managing officer

New Managing Officers


Name		Current Title
Kazuhiro Sato		Executive general manager, Customer Service Field (field general manager)
Takashi Yamamoto		Executive general manager, Product Planning Group (executive chief engineer)

Resigning Senior Managing Officers

Tadashi Yamashina

Naoki Miyazaki

Resigning Managing Officers

Yoshihiko Matsuda

Koichi Sugihara

Nobuhiko Murakami

2. Executives’ areas of responsibility effective April 1, 2014

¨ denotes change to responsibility (does not include organizational name changes)

Executive Vice Presidents


Name	Current	New

Satoshi Ozawa	Business Unit Toyota No. 1 (business)	Business Unit Toyota No. 1 (business)

Nobuyori Kodaira	- IT & ITS - External Affairs & Public Affairs - General Administration & Human Resources - Accounting	- IT & ITS - External Affairs & Public Affairs - General Administration & Human Resources - Accounting

Mitsuhisa Kato	- Business Unit Toyota No. 1 (business, R&D) - Business Unit Toyota No. 2 (business, R&D) - TNGA Planning Div. (chief officer)	- Business Unit Toyota No. 1 (business, R&D) - Business Unit Toyota No. 2 (business, R&D) - TNGA Planning Div. (chief officer)

Masamoto Maekawa	Business Unit Toyota No. 1 (business)	Business Unit Toyota No. 1 (business)

Yasumori Ihara	Business Unit Toyota No. 2 (business)	Business Unit Toyota No. 2 (business)

Seiichi Sudo¨	Unit Center	- Unit Center - TNGA Planning Div. (chief officer)

Senior Managing Officers and Managing Officers

1) Senior Managing Officers


Name	Current	New

Hirofumi Muta¨	- Vehicle Production Engineering & Manufacturing Group (chief officer) - Vehicle Production Engineering Field (field general manager)	- TNGA Planning Div. (chief officer) - Vehicle Production Engineering & Manufacturing Group (chief officer)

Shigeru Hayakawa	External Affairs & Public Affairs Group (chief officer)	External Affairs & Public Affairs Group (chief officer)

Hisayuki Inoue	- Asia & Middle East Region (CEO, Asia & Middle East Region) - Toyota Motor Asia Pacific Pte Ltd. (Singapore) - Toyota Motor Asia Pacific Engineering & Manufacturing Co., Ltd.	- Asia & Middle East Region (CEO, Asia & Middle East Region) - Toyota Motor Asia Pacific Pte Ltd. (Singapore) - Toyota Motor Asia Pacific Engineering & Manufacturing Co., Ltd.

Didier Leroy	- Europe Region (CEO, Europe Region) - Toyota Motor Europe NV/SA	- Europe Region (CEO, Europe Region) - Toyota Motor Europe NV/SA

Keiji Masui	Purchasing Group (chief officer)	Purchasing Group (chief officer)

Hiroji Onishi	- China Region (CEO, China Region) - Toyota Motor (China) Investment Co., Ltd.	- China Region (CEO, China Region) - Toyota Motor (China) Investment Co., Ltd.

Koei Saga¨	- Unit Center (center vice president) - Drivetrain Engineering Field (field general manager) - Unit Management Div. (concurrent general manager) - Motor Sports Unit Development Div. (chief officer)	- Unit Center (center vice president) - Unit Management Div. (concurrent general manager) - Motor Sports Unit Development Div. (chief officer)


Name	Current	New
Hiroyuki Yokoyama¨	Customer First Promotion Group (chief officer)	- Customer First Promotion Group (chief officer) - Customer Service Field (field general manager)

Tokuo Fukuichi¨	- Lexus International (executive vice president) - Design Group (chief officer)	- Lexus International (president) - Design Group (chief officer)

Kiyotaka Ise¨	- Lexus International (president) - Sports Vehicle Management Div. (chief officer)	- R&D Group (chief officer) - Material Engineering Field (field general manager) - Fuel Cell System Engineering Field (field general manager) - Sports Vehicle Management Div. (chief officer)

James E. Lentz	- North America Region (CEO, North America Region) - Toyota Motor North America, Inc.	- North America Region (CEO, North America Region) - Toyota Motor North America, Inc.

Soichiro Okudaira¨	- R&D Group (chief officer) - Material Engineering Field (field general manager) - Fuel Cell System Engineering Field (field general manager)	- China chief technical officer - Toyota Motor (China) Investment Co., Ltd. - Toyota Motor Engineering & Manufacturing (China) Co., Ltd. - Asia chief technical officer - Toyota Motor Asia Pacific Engineering & Manufacturing Co., Ltd. - Toyota Motor Asia Pacific Pte Ltd. - Oceania chief technical officer - Toyota Technical Center Asia Pacific Australia Co., Ltd.

Shigeki Terashi¨	- Corporate Planning Div. (chief officer) - Research Div. (chief officer) - Environmental Affairs Div. (chief officer) - Product & Business Planning Div. (chief officer) - Design Quality Innovation Div. (chief officer)	- Strategic Top Executive Meeting Office (secretary general) - Corporate Planning Div. (chief officer) - Research Div. (chief officer) - Environmental Affairs Div. (chief officer) - Product & Business Planning Div. (chief officer) - Design Quality Innovation Div. (chief officer)

Satoru Mouri¨	Managing officer Japan Sales Business Group (deputy chief officer)	Japan Sales Business Group (chief officer)

Moritaka Yoshida	Managing officer - Product Planning Group (chief officer) - Chief Safety Technology Officer - Vehicle Control System Field (field general manager)	- Product Planning Group (chief officer) - Chief Safety Technology Officer - Vehicle Control System Field (field general manager)

2) Managing Officers


Name	Current	New

Kyoichi Tanada	Toyota Motor Thailand Co., Ltd. (responsible for Thailand, India, Vietnam, Pakistan, Myanmar, Cambodia and Laos)	Toyota Motor Thailand Co., Ltd. (responsible for Thailand, India, Vietnam, Pakistan, Myanmar, Cambodia and Laos)

Hiroyuki Fukui	Pt. Toyota Motor Manufacturing Indonesia (responsible for Indonesia, the Philippines, Malaysia, Brunei Darussalam, East Timor and Singapore)	Pt. Toyota Motor Manufacturing Indonesia (responsible for Indonesia, the Philippines, Malaysia, Brunei Darussalam, East Timor and Singapore)

Toshiro Hidaka	- East Asia & Oceania Region (CEO, East Asia & Oceania) - Africa Div. (chief officer) - Latin America & Caribbean Div. (chief officer)	- East Asia & Oceania Region (CEO, East Asia & Oceania) - Africa Div. (chief officer) - Latin America & Caribbean Div. (chief officer)

Koki Konishi	- External Affairs & Public Affairs Group (deputy chief officer) - Public Affairs Div. (concurrent general manager)	- External Affairs & Public Affairs Group (deputy chief officer) - Public Affairs Div. (concurrent general manager)

Shinya Kotera¨	- Corporate Planning Div. (chief officer) - Toyota Planning Div. 2 (concurrent general manager) - KD Business Planning Div. (chief officer)	- Strategic Top Executive Meeting Office (chief officer) - Corporate Planning Div. (chief officer) - Toyota Planning Div. 2 (concurrent general manager) - KD Business Planning Div. (chief officer)

Tetsuya Otake	- Accounting Group (deputy chief officer) - Accounting Div. (concurrent general manager)	- Accounting Group (deputy chief officer) - Accounting Div. (concurrent general manager)

Yasuhiko Sato	Japan Sales Business Group (deputy chief officer)	Japan Sales Business Group (deputy chief officer)

Masayoshi Shirayanagi	Purchasing Group (deputy chief officer)	Purchasing Group (deputy chief officer)

Mark S. Templin	Lexus International (executive vice president)	Lexus International (executive vice president)

Tatsuro Ueda¨	- General Administration & Human Resources Group (deputy chief officer) - Toyota Institute (concurrent general manager)	- General Administration & Human Resources Group (chief officer) - Toyota Institute (concurrent general manager)

Mitsuru Uno	External Affairs & Public Affairs Group (deputy chief officer)	External Affairs & Public Affairs Group (deputy chief officer)

Takashi Yamamoto¨	Executive general manager Product Planning Group (executive chief engineer)	- Lexus International (executive vice president) - Product Planning Group (primarily weight-reduction promotion)

Changes to board members and audit and supervisory board members (candidates) as of day of 110th General Shareholders Meeting

Formal appointment of board members and audit and supervisory board members will be made pending approval at the 110th General Shareholders Meeting. Formal assignment of responsibilities to board members and the appointment of board members with the legal status to represent TMC (representative directors) will be made at the board of directors meeting following the 110th General Shareholders Meeting. The resignation of board members resigning their posts will become official on the day of the 110th General Shareholders Meeting.

New Board of Directors Members


Name	Current Title	New Title
Tokuo Fukuichi	Senior managing officer	Senior managing officer, member of the board

Resigning Board of Directors Members


Name		Current Title
Mamoru Furuhashi		Member of the board
Kiyotaka Ise*		Senior managing officer, member of the board

*Change to senior managing officer

New Audit and Supervisory Board Members


Name		Current Title
Teisuke Kitayama		Chairman of the board, Sumitomo Mitsui Banking Corporation

Resigning Audit and Supervisory Board Members

Yoichi Morishita

Akishige Okada

Substitute Auditor


Name		Current Title
Ryuji Sakai		Attorney at law

Executive lineup (candidates) following 110th General Shareholders Meeting

1) Board of Directors Members (¨ denotes new member)


Name		Title
Takeshi Uchiyamada		Chairman of the board (representative director)
Akio Toyoda		President, member of the board (representative director)
Satoshi Ozawa		Executive vice president, member of the board (representative director)
Nobuyori Kodaira		Executive vice president, member of the board (representative director)
Mitsuhisa Kato		Executive vice president, member of the board (representative director)
Masamoto Maekawa		Executive vice president, member of the board (representative director)
Yasumori Ihara		Executive vice president, member of the board (representative director)
Seiichi Sudo		Executive vice president, member of the board (representative director)
Koei Saga		Senior managing officer, member of the board
Tokuo Fukuichi¨		Senior managing officer, member of the board
Shigeki Terashi		Senior managing officer, member of the board
Yoshimasa Ishii		Member of the board
Ikuo Uno*		Member of the board
Haruhiko Kato*		Member of the board
Mark T. Hogan*		Member of the board

* Outside board member under Japanese corporate law (candidate)

2) Audit and Supervisory Board Members


Name		Title
Yoichiro Ichimaru		Audit and Supervisory Board Member (full time)
Masaki Nakatsugawa		Audit and Supervisory Board Member (full time)
Masahiro Kato		Audit and Supervisory Board Member (full time)
Kunihiro Matsuo		Audit and Supervisory Board Member
Yoko Wake		Audit and Supervisory Board Member
Teisuke Kitayama		Audit and Supervisory Board Member

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