Supplemental Material for Financial Results for FY2015 First Quarter (Unconsolidated)

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	FY2014															FY2015			FY2015
	1Q (2013/4-6)			2Q (2013/7-9)			3Q (2013/10-12)			4Q (2014/1-3)			12 months (’13/4-’14/3)			1Q (2014/4-6)			Forecast 12  months (’14/4-’15/3)
Toyota & Lexus brand
Domestic Vehicle Production (thousands of units)		829			854			791			904			3,378			783			3,200
Overseas Vehicle Production (thousands of units)		1,412			1,326			1,460			1,370			5,568			1,443			5,950
Domestic Vehicle Retail Sales (thousands of units)		353			404			374			517			1,648			319			1,450
Exports Vehicle Sales (thousands of units)		500			463			461			430			1,854			428			1,750
North America		198			179			183			160			720			180			710
Europe		70			60			61			73			264			56			260
Asia		52			52			54			49			207			55			200
Central and South America		22			23			18			16			79			11			50
Oceania		39			47			41			34			161			32			140
Africa		20			17			17			14			68			16			70
Middle East		98			84			85			83			350			77			320
Other		1			1			2			1			5			1			—
Net Revenues (billions of yen)		2,693.0			2,716.6			2,779.4			2,853.0			11,042.1			2,603.2			10,500.0
Domestic		845.7			942.0			889.7			1,111.6			3,789.1			837.6			—
Exports		1,847.2			1,774.6			1,889.6			1,741.4			7,252.9			1,765.5			—
Operating Income (billions of yen)		342.6			304.2			274.4			347.6			1,269.0			297.0			1,000.0
(Operating Income Ratio) (%)		( 12.7	)		( 11.2	)		( 9.9	)		( 12.2	)		( 11.5	)		( 11.4	)		( 9.5	)
Ordinary Income (billions of yen)		634.0			477.1			500.0			227.1			1,838.4			577.9			1,730.0
(Ordinary Income Ratio) (%)		( 23.5	)		( 17.6	)		( 18.0	)		( 8.0	)		( 16.6	)		( 22.2	)		( 16.5	)
Net Income (billions of yen)		482.7			372.9			437.8			123.3			1,416.8			465.1			1,390.0
(Net Income Ratio) (%)		( 17.9	)		( 13.7	)		( 15.8	)		( 4.3	)		( 12.8	)		( 17.9	)		( 13.2	)
R&D Expenses (billions of yen)		210.3			206.7			197.0			181.9			796.1			213.6			840.0
Depreciation Expenses (billions of yen)		44.5			41.1			41.3			41.1			168.1			41.8			170.0
Capital Expenditures (billions of yen)		36.2			38.4			37.4			67.2			179.3			31.5			220.0

Analysis of Unconsolidated Net Income for FY2015 (billions of yen, approximately)		1Q (2014/4-6)
Effects of Marketing Activities			-70.0
Effects of Changes in Exchange Rates			35.0
Cost Reduction Efforts			30.0
	From Engineering		30.0
	From Manufacturing and Logistics		0.0
Increases in Expenses, etc.			-40.0
Other			-0.6
(Changes in Operating Income)			-45.6
Non-operating Income			-10.5
Income Taxes, etc.			38.5
(Changes in Net Income)			-17.5

Cautionary Statement with Respect to Forward-Looking Statements

        This report contains forward-looking statements that reflect Toyota’s plans and expectations.

        These forward-looking statements are not guarantees of future performance 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, but are not limited to: (i) changes in economic conditions, market demand, and the competitive environment affecting the automotive markets in Japan, North America, Europe, Asia 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, the Russian ruble, the Canadian dollar and the British pound, and interest rates fluctuations; (iii) changes in funding environment in financial markets and increased competition in the financial services industry; (iv) Toyota’s ability to market and distribute effectively; (v) Toyota’s ability to realize production efficiencies and to implement capital expenditures at the levels and times planned by management; (vi) 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 government policies relating to vehicle safety including remedial measures such as recalls, trade, environmental protection, vehicle emissions and vehicle fuel economy, as well as changes in laws, regulations and government policies that affect Toyota’s other operations, including the outcome of current and future litigation and other legal proceedings, government proceedings and investigations; (vii) political and economic instability in the markets in which Toyota operates; (viii) Toyota’s ability to timely develop and achieve market acceptance of new products that meet customer demand; (ix) any damage to Toyota’s brand image; (x) Toyota’s reliance on various suppliers for the provision of supplies; (xi) increases in prices of raw materials; (xii) Toyota’s reliance on various digital and information technologies; (xiii) fuel shortages or interruptions in electricity, transportation systems, labor strikes, work stoppages 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; and (xiv) the impact of natural calamities including the negative effect on Toyota’s vehicle production and sales.

        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.

(Note 1) Shows the number of employees as of the end of each period (excluding loan employees from Toyota and its consolidated subsidiaries (“Toyota”) to outside Toyota and including loan employees from outside Toyota to Toyota)

(Note 2) Shows “Net income attributable to Toyota Motor Corporation”

(Note 3) 2Q= Interim Dividend, 4Q= Year-end Dividend, FY= Annual Dividend

(Note 4) Figures for depreciation expenses and capital expenditures do not include vehicles in operating lease

(Note 5) Excludes financial subsidiaries

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