Toyota 2015 Annual Report Download - page 112

stock with addresses in the United States, whose shareholdings represented approximately 15.5% of the issued
common stock on that date. Because some of these shares were held by brokers or other nominees, the number of
record holders with addresses in the United States might not fully show the number of beneficial owners in the
United States.
None of Toyota’s shares of common stock entitles the holder to any preferential voting rights.
To the extent known to Toyota, Toyota is not owned or controlled, directly or indirectly, by another
corporation, any foreign government or any natural or legal person.
Toyota knows of no arrangements the operation of which may at a later time result in a change of control.
7.B RELATED PARTY TRANSACTIONS
Business Relationships
Toyota purchases materials, supplies and services from numerous suppliers throughout the world in the
ordinary course of business, including Toyota’s affiliated companies accounted for by the equity method and
those firms with which certain members of Toyota’s board of directors are affiliated. Toyota purchased materials,
supplies and services from these affiliated entities in the amount of ¥43,598 billion in fiscal 2016. Toyota also
sells its products and services to Toyota’s affiliated companies accounted for by the equity method and firms
with which certain members of Toyota’s board of directors are affiliated. Toyota sold products and services to
these affiliated entities in the amount of ¥18,044 billion in fiscal 2016. See note 11 of Toyota’s consolidated
financial statements for additional information regarding Toyota’s investments in and transactions with affiliated
companies.
Loans
Toyota regularly has trade accounts and other receivables by, and accounts payable to, Toyota’s affiliated
companies accounted for by the equity method and firms with which certain members of Toyota’s board of
directors are affiliated. Toyota had outstanding trade accounts and other receivables by these affiliated entities in
the amount of ¥256.7 billion as of March 31, 2016. Toyota had outstanding trade accounts and other payables to
these affiliated entities in the amount of ¥676.4 billion as of March 31, 2016.
Toyota, from time to time, provides short- to medium-term loans to its affiliated companies, as well as loans
under a loan program established by certain subsidiaries to assist their executives and members of the board of
directors with the purchase of homes. As of March 31, 2016, an aggregate amount of ¥1.2 billion in loans was
outstanding to its affiliated companies accounted for by the equity method. As of March 31, 2016, an aggregate
amount of ¥29.8 billion in loans was outstanding to those of its affiliated companies not accounted for by the
equity method, which are 20% to 50% owned by Toyota. As of March 31, 2016, the largest loan outstanding to
any such affiliated company accounted for by the equity method was a loan of ¥1.0 billion at a fixed rate of
0.46%. Toyota believes that each of these loans was entered into in the ordinary course of business.
7.C INTERESTS OF EXPERTS AND COUNSEL
Not applicable.
ITEM 8. FINANCIAL INFORMATION
8.A CONSOLIDATED STATEMENTS AND OTHER FINANCIAL INFORMATION
1-3. Consolidated Financial Statements. Toyota’s audited consolidated financial statements are included under
“Item 18 — Financial Statements.” Except for Toyota’s consolidated financial statements included under
Item 18, no other information in this annual report has been audited by Toyota’s auditors.
4. Not applicable.
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