Toyota City, Japan, Nov 25, 2020 - (JCN Newswire) - Toyota Motor Corporation announces the release of "Shodoku Taishi," a foot-operated sanitizer stand that will be available through Toyota dealers nationwide, starting December 1. Amidst the spread of COVID-19, Toyota has leveraged its on-site monozukuri (manufacturing) capabilities and the Toyota Production System (TPS), which support its desire to create ever-better cars, to produce masks and face shields, develop vehicles that control the circulation of airborne droplets, and provide support to raise productivity in the production of protective gowns for healthcare use as part of the Toyota Group's Kokoro Hakobu Project.(1)The foot-operated sanitizer stand that Toyota is launching at this time was first produced in early April under the initiative of employees at Toyota plants, who wanted to take action and prevent infections among their colleagues, where operation of production lines was unavoidably suspended due to the COVID-19 pandemic. Based on a desire to contribute to society with the foot-operated sanitizer stands, the TPS professionals who participated in the medical protective gown project later became involved, commercialization was investigated, a prototype was brought to a healthcare institution, and a final model was determined based on the opinions of experts. The stand has been put into use at healthcare institutions and some dealers, as well as large commercial facilities and local government offices in Aichi Prefecture, and various opinions were received from customers regarding concerns about its effectiveness, sanitation, and weight. These opinions were reflected in subsequent versions, and the stand was modified so that parts can be removed for cleaning, to enable use by wheelchair users, and to reduce the weight from approximately 6 kg of the first version to about 3.2 kg (including the mat). Utilizing the technology and know-how it has cultivated in car manufacturing, Toyota has produced about 30 versions of prototypes and has made thorough improvements in preparation for its commercialization.The development team insisted on creating a product that is easy for anyone to use and is good quality at an affordable price, and named the high-quality but inexpensive sanitizer stand the "Shodoku Taishi" (sanitizer ambassador). Monthly production of 2,000 to 2,500 units commenced at the Kamigo Parts Center, and sales through Toyota vehicle dealers and Toyota Rent-a-Lease dealers in Japan will commence on December 1.These actions are a part of Toyota's initiatives to provide goods and services that bring happiness to the people of the world in accordance with President Akio Toyoda's declaration that "Toyota will earnestly strive to achieve the target of sustainable development and the Sustainable Development Goals (SDGs), which are being pursued by the international society with the aim of 'leaving no one behind'." In other words, it is an effort to "producing happiness for all."(2) Toyota is committed to contributing to society through manufacturing of high-quality, inexpensive products that provide peace of mind and safety throughout the world.Main SpecificationsWidth x Depth x Height 330 mm x 430 mm x 1,169 mmWeight Approximately 3.2 kg (including mat)Manufacturer's suggested retail price 8,000 yen (not including consumption tax)(1) The Kokoro Hakobu Project (with "Kokoro Hakobu" meaning "to carry or deliver one's heart" in Japanese) has been the collective name of nationwide initiatives by Toyota, Toyota sales outlets in Japan, and their employees to provide continuous and long-term support to disaster-affected areas in the wake of the Great East Japan Earthquake. The name has the connotation of "carrying you in our hearts." Based on Toyota's desire to contribute in some way to people who have contracted and are suffering from COVID-19, as well as to the medical professionals, Japan's central government and local governments in Japan fighting the disease night and day, Toyota has decided to apply the Kokoro Hakobu Project as its overall moniker for related support activities conducted by companies of the Toyota Group working together.(2) Toyota's Philosophy https://global.toyota/en/company/vision-and-philosophy/philosophy/About Toyota Motor CorporationToyota 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.SDGs Initiatives: https://global.toyota/en/sustainability/sdgs/ Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
TOKYO, Nov 2, 2020 - (JCN Newswire) - SPARX Group Co., Ltd., Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., and Mizuho Bank, Ltd. announced today that they have signed a memorandum of understanding (MOU) to establish a new fund.The fund will aim to invest in companies that are related to Japanese monozukuri (manufacturing). The partnership's primary purpose is to contribute to the development of Japanese monozukuri by helping the companies with superior technology and human resources implement the Toyota Production System (TPS) and formulate management strategies, through the sustainable growth of these companies.This objective is in line with the SDGs that the international community is addressing (including "decent work and economic growth" and "industry, innovation, and infrastructure"). Thus, the partnership will contribute to society by improving competitiveness in Japanese monozukuri in the face of the prolonged impact of COVID-19.Furthermore, the five-firm partnership will consider the details of the size of the investment, other investors, and investment targets, with the goal of establishing the fund in early December.About Toyota Motor CorporationToyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
TOKYO, Oct 30, 2020 - (JCN Newswire) - Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow.BackgroundSince KDDI's founding in October 2000 through the merger of Daini Denden Inc. (DDI), KDD Corporation, and IDO Corporation, Toyota has been KDDI's second largest shareholder (with 12.95% of shares held as of September 2020). Since 2002, Toyota and KDDI have cooperated on G-BOOK and other services for the telematics business of Toyota. In addition, prompted by the increase in internet-connected vehicles - connected cars - the two companies have been working together since 2016 to build a global communications platform, independent of existing roaming services, to ensure stable high-quality telecommunications around the globe between vehicle communications devices and cloud services. In this and other ways, the companies have been accelerating initiatives to provide safety and comfort through the integration of vehicles and telecommunications.Details of the Business AllianceThe companies are also accelerating new initiatives that go beyond the borders of their core business of mobility and telecommunications in anticipation of the coming future society in which towns, homes, people and cars are all connected.The companies will continue working to develop services that enrich people's lives to solve social issues mainly through the use of big data and to promote R&D in the areas of telecommunications and connected car technologies.The Two Companies' Initiatives Going Forward- Jointly conducting R&D focused on telecommunication platforms that enable optimal communications between towns, homes, people and cars as communication technologies evolve, including 4G, 5G, and 6G- Jointly developing an operations and management system for next-generation connected cars to enable sophisticated operations by integrated management of devices, networks, platforms, and services- Jointly developing services and service platforms that aim to enrich people's lives and ensure their safety and security not only inside or outside of vehicles but also in every scenes- Jointly working to address social issues arising between urban and rural areas and regional communities using big data about towns, homes, people, cars, and moreDetails of the Capital AllianceAgainst the backdrop of the aforementioned business alliance, both companies reached the conclusion that it will be necessary to further strengthen their capital ties to promote their strategic alliance over the medium and long terms. The companies agreed to the disposal of 18,301,600 shares of KDDI treasury stock(1) (totaling around 52.2 billion yen) through a third-party allocation with Toyota as the recipient. Therefore, Toyota is expected to hold 13.74% of KDDI's shares. The share acquisition date (payment deadline) is scheduled for January 29, 2021.(1) KDDI will acquire treasury stock with an upper limit of 84,000,000 shares in total and a total price of 200 billion yen and then dispose of a portion of those shares through a third-party allocation. Furthermore, for details on the treasury stock acquisition, please refer to the press release entitled, "Notice of Decision on Matters Related to Treasury Stock Acquisition."(2) The shareholding ratio is calculated by dividing the number of shares held by Toyota before and after the third-party allocation of the 2,304,179,550 shares in total issued by KDDI (truncated from third decimal place).Other company and product names are the trademarks of their respective companies.About Toyota Motor CorporationToyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
Agreement on New Business and Capital Alliance between Toyota Motor Corporation and KDDI Corporation
TOKYO, Oct 30, 2020 - (JCN Newswire) - Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement are as follows:BackgroundSince KDDI's founding in October 2000 through the merger of Daini Denden Inc. (DDI), KDD Corporation, and IDO Corporation, Toyota has been KDDI's second largest shareholder (with 12.95% of shares held as of September 2020). Since 2002, Toyota and KDDI have cooperated on G-BOOK and other services for the telematics business of Toyota. In addition, prompted by the increase in internet-connected vehicles--connected cars--the two companies have been working together since 2016 to build a global communications platform, independent of existing roaming services, to ensure stable high-quality telecommunications around the globe between vehicle communications devices and cloud services. In this and other ways, the companies have been accelerating initiatives to provide safety and comfort through the integration of vehicles and telecommunications.Details of the Business AllianceThe companies are also accelerating new initiatives that go beyond the borders of their core business of mobility and telecommunications in anticipation of the coming future society in which towns, homes, people and cars are all connected.The companies will continue working to develop services that enrich people's lives to solve social issues mainly through the use of big data and to promote R&D in the areas of telecommunications and connected car technologies.Specifically, the companies will continue promoting the following initiatives:The Two Companies' Initiatives Going Forward- Jointly conducting R&D focused on telecommunication platforms that enable optimal communications between towns, homes, people and cars as communication technologies evolve, including 4G, 5G, and 6G- Jointly developing an operations and management system for next-generation connected cars to enable sophisticated operations by integrated management of devices, networks, platforms, and services- Jointly developing services and service platforms that aim to enrich people's lives and ensure their safety and security not only inside or outside of vehicles but also in every scenes- Jointly working to address social issues arising between urban and rural areas and regional communities using big data about towns, homes, people, cars, and moreDetails of the Capital AllianceAgainst the backdrop of the aforementioned business alliance, both companies reached the conclusion that it will be necessary to further strengthen their capital ties to promote their strategic alliance over the medium and long terms. The companies agreed to the disposal of 18,301,600 shares of KDDI treasury stock(1) (totaling around 52.2 billion yen) through a third-party allocation with Toyota as the recipient. Therefore, Toyota is expected to hold 13.74% of KDDI's shares. The share acquisition date (payment deadline) is scheduled for January 29, 2021.(1) KDDI will acquire treasury stock with an upper limit of 84,000,000 shares in total and a total price of 200 billion yen and then dispose of a portion of those shares through a third-party allocation. Furthermore, for details on the treasury stock acquisition, please refer to the press release entitled, "Notice of Decision on Matters Related to Treasury Stock Acquisition."(2) The shareholding ratio is calculated by dividing the number of shares held by Toyota before and after the third-party allocation of the 2,304,179,550 shares in total issued by KDDI (truncated from third decimal place).Other company and product names are the trademarks of their respective companies.About Toyota Motor CorporationToyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com
Toyota City, Japan, Oct 19, 2020 - (JCN Newswire) - TOYOTA GAZOO Racing (TGR) drove the GR Yaris and GR Supra(1) at the Goodwood SpeedWeek(2), held from October 16 through 18 at the Goodwood Motor Circuit in England, and posted images of the experience.GR Yaris at the Goodwood SpeedWeekThe Goodwood Festival of Speed (GFoS) is known as a motorsport festival where many motorsport fans, famous cars both old and new, and world class drivers gather from all over the world usually around July every year. The 2020 festival was postponed to next year or later due to the impact of the COVID-19 pandemic, while a no-spectator event was held in its place as the Goodwood Speedweek. Scenes from the event were "broadcast" worldwide over the Internet. TGR raced at the GFoS in 2009, and has participated in the motorsports festival since 2012.In the rally stage (Rally Sprint) held from October 16 through 18, the new GR Yaris was driven as the zero car(3). In addition, in the Motorsports Circuit special stage (First Glance), the GR Yaris was driven in public. The GR Yaris was born as a vehicle that anyone can drive the way they want with peace of mind on any road in the world. The reason for this is that it incorporates lessons learned from the TOYOTA GAZOO Racing World Rally Team (WRT), including how to make cars that are competitive in the WRC(4), as well as learnings gleaned from evaluations given by professional drivers from the early stages of development. Based on the desire of master driver Morizo to "restore the Toyota sports cars," the new GR Yaris was created as the first Toyota vehicle developed with the reversed concept of turning a motorsports car into a production car. For this event, 2019 TGR WRT drivers, Jari-Matti Latvala and Kris Meeke, and Elfyn Evans who is racing as a 2020 TGR WRT driver drove the GR Yaris.As for GR production vehicles, the GR Supra limited edition(5) also appeared at the Goodwood Motor Circuit.Master driver Morizo also participated through video, sharing through images his passion for motorsports, the development of the GR Yaris, and the experience of riding in the passenger seat of the GR Yaris.VIDEO MESSAGE FROM MASTER DRIVER MORIZO (AKIO TOYODA, PRESIDENT TOYOTA MOTOR CORPORATION):"For car lovers like us, there is no better place to be than Goodwood. It's a feast for all the senses and even though we may not be able to smell the gasoline this year. Thanks to the imagination of the Duke of Richmond, we still get to see and hear many fantastic new cars, including a favorite of mine, this new Toyota GR Yaris. This is the production version of our Yaris WRC race car which we drove straight to the winner's circle in 2019, making us the current WRC champion! In truth, we participate in motorsports like WRC because we learn so much about how to make our cars more dynamic and fun to drive. In my role as Master Driver for Toyota, I was personally involved in the creation and tuning of this new GR Yaris, alongside our Gazoo team member the great Tommi Makinen. Unfortunately, I can't take you on a real test drive but here's a little taste of what it feels like. Enjoy!"(1) Name used for marketing and other promotional communications.(2) https://www.goodwood.com/motorsport/goodwood-speedweek/(3) A course car driven through a stage before the competitors start to alert spectators that the section is live. The zero car is preceded by the triple zero and double zero cars.https://www.wrc.com/en/more/about-wrc/lexicon/(4) The FIA World Rally Championship(5) Europe Limited EditionAbout Toyota Motor CorporationToyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com





