April 7, 2010
To Whom It May Concern:
Investor Conference Regarding Quality of Toyota Products
Toyota Motor Corporation hereby provides notice of today’s investor conference regarding the
quality of its products. Please see the attached press releases for details regarding the above.
Company Name: TOYOTA MOTOR
Name and Title of Representative:
Akio Toyoda, President
(Code Number: 7203
Securities exchanges throughout Japan)
Name and Title of Contact Person:
General Manager, Accounting Division
(Telephone Number: 0565-28-2121)
April 7, 2010
Toyota Motor Corporation
Remarks by President Akio Toyoda at the Investor Conference
My name is Akio Toyoda. I would like to thank you for taking the time out of your busy schedules to be
with us today.
Since I was appointed president in June of last year, I had wished for an opportunity to directly discuss
with our shareholders and investors as early as possible.
However, as I described at the time I assumed post for president of the company, I was setting sail into a
very challenging set of circumstances when I took over from my predecessor, with a forecast of a second
consecutive fiscal year in the red. I have therefore taken the lead in addressing internal issues such as excess in
With respect to the series of quality-related matters such as the recent recalls, I sincerely ask our
shareholders and investors for your understanding that it was of utmost importance that I take the lead to address
our customers' concerns , which I believe ultimately protects our corporate value.
I would like to begin by giving you an outline of the series of quality-related matters such as the recent
recalls that we experienced.
On January 21, we announced a safety recall for some Toyota vehicles sold in the United States because of
problems with sticking accelerator pedals. Then on February 9, we d