Toyota 2007 Annual Report Download - page 2
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Established in1937, Toyota Motor Corporation—which celebrates its 70th anniversary this year—
has developed into one of the world’s best known automobile manufacturers. The Toyota Group
sold over 8.5 million vehicles under the Toyota, Lexus, Daihatsu, and Hino brands in more than
170 countries and regions in fiscal 2007. Further, the Company’s production is firmly rooted in local
communities, with 52 companies manufacturing vehicles and parts in 26 countries and regions.
Toyota had approximately 300,000 employees on a consolidated basis at the end of fiscal 2007.
Cautionary Statement with Respect to Forward-Looking Statements
This annual report contains forward-looking statements that reflect Toyota’s plans and expectations. These forward-looking statements are not guarantees of future perfor-
mance and involve known and unknown risks, uncertainties and other factors that may cause Toyota’s actual results, performance, achievements or financial position to be
materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. These factors include: (i)
changes in economic conditions and market demand affecting, and the competitive environment in, the automotive markets in Japan, North America, Europe and other markets
in which Toyota operates; (ii) fluctuations in currency exchange rates, particularly with respect to the value of the Japanese yen, the U.S. dollar, the euro, the Australian dollar
and the British pound; (iii) Toyota’s ability to realize production efficiencies and to implement capital expenditures at the levels and times planned by management; (iv) changes
in the laws, regulations and government policies in the markets in which Toyota operates that affect Toyota’s automotive operations, particularly laws, regulations and policies
relating to trade, environmental protection, vehicle emissions, vehicle fuel economy and vehicle safety, as well as changes in laws, regulations and government policies that
affect Toyota’s other operations, including the outcome of future litigation and other legal proceedings; (v) political instability in the markets in which Toyota operates; (vi)
Toyota’s ability to timely develop and achieve market acceptance of new products; and (vii) fuel shortages or interruptions in transportation systems, labor strikes, work stop-
pages or other interruptions to, or difficulties in, the employment of labor in the major markets where Toyota purchases materials, components and supplies for the production
of its products or where its products are produced, distributed or sold.
A discussion of these and other factors which may affect Toyota’s actual results, performance, achievements or financial position is contained in Toyota’s annual report on
Form 20-F, which is on file with the United States Securities and Exchange Commission.