Supplemental Material for Financial Results for FY2016 First Quarter (Unconsolidated)

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	FY2015															FY2016			FY2016
	1Q (2014/4-6)			2Q (2014/7-9)			3Q (2014/10-12)			4Q (2015/1-3)			12 months (’14/4-’15/3)			1Q (2015/4-6)			Forecast 12  months (’15/4-’16/3)
Toyota & Lexus brand
Domestic Vehicle Production (thousands of units)		783			815			765			822			3,186			748			3,250
Overseas Vehicle Production (thousands of units)		1,443			1,445			1,473			1,402			5,762			1,432			5,850
Domestic Vehicle Retail Sales (thousands of units)		319			378			340			429			1,466			335			1,450
Exports Vehicle Sales (thousands of units)		428			471			460			425			1,784			418			1,800
North America		180			180			186			175			721			184			790
Europe		56			66			56			72			250			43			210
Asia		55			58			53			42			208			52			210
Central and South America		11			14			12			12			49			11			50
Oceania		32			41			40			33			146			34			140
Africa		16			19			17			13			65			18			70
Middle East		77			91			94			76			338			74			330
Other		1			2			2			2			7			2			—
Net Revenues (billions of yen)		2,603.2			2,784.5			2,910.9			2,910.7			11,209.4			2,772.1			11,400.0
Domestic		837.6			872.5			837.9			987.1			3,535.2			868.0			—
Exports		1,765.5			1,911.9			2,072.9			1,923.5			7,674.1			1,904.1			—
Operating Income (billions of yen)		297.0			289.4			355.6			328.5			1,270.6			382.9			1,430.0
(Operating Income Ratio) (%)		(11.4	)		(10.4	)		(12.2	)		(11.3	)		(11.3	)		(13.8	)		(12.5	)
Ordinary Income (billions of yen)		577.9			541.0			649.4			356.6			2,125.1			671.5			2,320.0
(Ordinary Income Ratio) (%)		(22.2	)		(19.4	)		(22.3	)		(12.3	)		(19.0	)		(24.2	)		(20.4	)
Net Income (billions of yen)		465.1			436.1			574.9			214.4			1,690.6			542.6			1,880.0
(Net Income Ratio) (%)		(17.9	)		(15.7	)		(19.8	)		(7.4	)		(15.1	)		(19.6	)		(16.5	)
R&D Expenses (billions of yen)		213.6			213.6			224.0			234.9			886.2			230.2			920.0
Depreciation Expenses (billions of yen)		41.8			39.9			39.1			38.3			159.3			45.7			180.0
Capital Expenditures (billions of yen)		31.5			37.0			42.7			119.7			231.1			50.0			260.0

Analysis of Unconsolidated Net Income for FY2016 (billions of yen, approximately)		1Q (2015/4-6)
Effects of Marketing Activities			-45.0
Effects of Changes in Exchange Rates			160.0
Cost Reduction Efforts			40.0
	From Engineering		35.0
	From Manufacturing and Logistics		5.0
Increases in Expenses, etc.			-70.0
Other			0.8
(Changes in Operating Income)			85.8
Non-operating Income			7.7
Income Taxes, etc.			-16.1
(Changes in Net Income)			77.4

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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