SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of December, 2019
Commission File Number 001-14948
Toyota Motor Corporation
(Translation of Registrants Name Into English)
1, Toyota-cho, Toyota City,
Aichi Prefecture 471-8571,
Japan
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Material Contained in this Report:
I. |
English translation of a press release dated December 4, 2019 with respect to the notice concerning the status of the repurchase of shares of our common stock, as filed by the registrant with the Tokyo Stock Exchange on December 4, 2019. |
II. |
English translation of the registrants announcement regarding the changes in management, as filed by the registrant with the Tokyo Stock Exchange on December 4, 2019. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Toyota Motor Corporation | ||||
By: |
/s/ Kaname Shimizu | |||
Name: |
Kaname Shimizu | |||
Title: |
General Manager, Accounting Division |
Date: December 4, 2019
[Reference Translation]
December 4, 2019
To Whom It May Concern:
Company Name: TOYOTA MOTOR CORPORATION | ||
Name and Title of Representative: | ||
Akio Toyoda, President | ||
(Code Number: 7203 | ||
First Section of Tokyo Stock Exchange and Nagoya Stock Exchange) | ||
Name and Title of Contact Person: | ||
Kaname Shimizu, General Manager, | ||
Accounting Division | ||
(Telephone Number: 0565-28-2121) |
Notice Concerning the Status of the Repurchase of Shares of our Common Stock
(Repurchase of Shares under our Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)
We hereby inform you of the repurchase of shares (Repurchase of shares in order to promote capital efficiency by repurchasing flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock) conducted in November pursuant to Article 156 of the Companies Act of Japan (the Companies Act) as applied pursuant to Article 165, Paragraph 3 of the Companies Act, concerning which repurchase notification was given on November 7, 2019, as follows:
1. Class of shares repurchased: | Common stock of Toyota Motor Corporation (TMC) | |
2. Total number of shares repurchased: | 3,224,400 shares | |
3. Total purchase price: | 25,175,233,971 JPY | |
4. Period of repurchase: | From November 11, 2019 to November 21, 2019 |
(Reference)
I. | Repurchase of shares resolved at a meeting of the board of directors held on November 7, 2019 (Repurchase of shares in order to promote capital efficiency by repurchasing flexibly its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock) |
(1) Class of shares to be repurchased | Common shares of TMC | |||||
(2) Total number of shares to be repurchased | 34 million shares (maximum) | |||||
(3) Total purchase price for repurchase of shares | 200 billion JPY (maximum) | |||||
(4) Period of repurchase | From November 11, 2019 to March 31, 2020 |
II. | Total number of shares of our common stock repurchased pursuant to the above resolution of the board of directors (as of November 30, 2019) |
|
(1) Total number of shares repurchased: | 3,224,400 shares | ||||
(2) Total purchase price for repurchased shares: | 25,175,233,971 JPY |
Toyota Motor Corporation
TMC Announces Board Member, Executive, Organizational, and Personnel Changes
Toyota City, Japan, December 4, 2019Toyota Motor Corporation (TMC) announced today that it plans to implement the changes to executive responsibility and to its organizational structure described below, effective January 1, 2020.
Toward sustainable growth, TMC has promoted the development of organizational structuressuch as through establishing business units, restructuring its regional headquarters, and introducing an in-house company systemthat enable leaders close to the workplace in each business and region to implement necessary measures based on swift decision-making. Furthermore, in January this year, in addition to taking action to accelerate management, TMC changed its executive structure and established the employee classification of senior professional/senior management (kanbushoku in Japanese) with an aim to cultivate workplace professionals who have both expertise and personality. Among severe changes of unprecedented speed in the external environment, TMC, toward structural reform, has promoted the creation of systems and the cultivation of a skilled workforce for the flexible deployment of human resources and to rapidly overcome key challenges.
To further accelerate the initiatives mentioned above, with the personnel and organizational changes announced today, TMC has revised its classification of field general manager into senior general manager and fellow and, by doing so, plans to advance the strengthening and acceleration of the ability of execution by further reducing the number of layers between top management, from the level of operating officer and above, and areas (corporate divisions and below) of responsibility. At the same time, through guidance and personnel development provided by members of top management at various workplaces, TMC aims to further enhance the power of its entire organization.
TMC President Akio Toyoda had the following to say about the changes being announced today: With the CASE revolution, cars will link with all kinds of goods and services through information and become part of the societal system. The age of alliances will soon be upon us, making the creation of friends evermore vital. First, each person who works for Toyota must become a person with whom others will want to work. To become a Toyota suitable for being chosen by our friends, we will engage, including by continuing to revise our human resources systems, in personnel development that enhances expertise and personality.
1. Executive changes
1) Changes to Operating Officers and Fellow effective January 1, 2020
New Operating Officers
Name |
Current title |
|||
Hiroki Nakajima |
Mid-size Vehicle Company (Executive Vice President) | |||
Hiroaki Okuchi |
Advanced R&D and Engineering Company (President) | |||
Koji Sato |
Lexus International Co. (Executive Vice President) |
New Senior Fellow
Name |
Current title |
|||
James Kuffner |
Toyota Research Institute - Advanced Development, Inc. CEO and Representative Director |
Operating Officers resigning posts
Name |
||
Kazuhiro Sato |
||
Yoshihiro Sawa |
2) Operating Officers areas of responsibility effective January 1, 2020
President and Executive Vice Presidents
¨ denotes change to responsibility (does not include organizational name changes)
Name |
Current |
New | ||
Akio Toyoda |
Chief Executive Officer Chief Branding Officer |
Chief Executive Officer Chief Branding Officer | ||
Koji Kobayashi |
Sustainability Management Dept. Chief Financial Officer Chief Risk Officer |
Sustainability Management Dept. Chief Financial Officer Chief Risk Officer | ||
Didier Leroy |
Business Planning & Operation (President) Chief Competitive Officer |
Business Planning & Operation (President) Chief Competitive Officer | ||
¨ Shigeki Terashi |
Toyota System Supply Toyota ZEV Factory (Chief Officer) Advanced R&D and Engineering Company (Chairman) Powertrain Company (Chairman) Chief Technology Officer |
Toyota System Supply Toyota ZEV Factory (Chief Officer) Chief Technology Officer | ||
Mitsuru Kawai |
General Administration & Human Resources Group (Chief Officer) Plants (Supervisor of plants across in-house companies) |
General Administration & Human Resources Group (Chief Officer) Plants (Supervisor of plants across in-house companies) | ||
¨ Shigeki Tomoyama |
Connected Company (Chairman) GAZOO Racing Company (President) Chief Information Security Officer |
GAZOO Racing Company (President) Chief Information Security Officer | ||
¨ Moritaka Yoshida |
Vehicle Development Center (President) Mid-size Vehicle Company (President) MS Management Div. (concurrent General Manager) |
Vehicle Development Center (President) Production Engineering Development Center (President) Emerging-market Compact Car Company (Chairman) |
Executive Fellow
Name |
Current |
New | ||
Gill A. Pratt |
CEO, Toyota Research Institute, Inc. Advanced R&D and Engineering Company (Fellow) |
CEO, Toyota Research Institute, Inc. Advanced R&D and Engineering Company (Executive Fellow) |
Operating Officers
¶ newly appointed ¨ denotes change to responsibility (does not include organizational name changes)
Name |
Current |
New | ||
James E. Lentz |
North America Region (Chief Executive Officer) Toyota Motor North America, Inc. |
North America Region (Chief Executive Officer) Toyota Motor North America, Inc. | ||
Kazuhiro Miyauchi |
Toyota Compact Car Company (President) Toyota Motor East Japan, Inc. |
Toyota Compact Car Company (President) Toyota Motor East Japan, Inc. | ||
Nobuhiko Murakmi |
Europe Region (Deputy Chief Executive Officer) East Asia, Oceania & Middle East Region (Chief Executive Officer) |
Europe Region (Deputy Chief Executive Officer) East Asia, Oceania & Middle East Region (Chief Executive Officer) | ||
Yasuhiko Sato |
Japan Sales Business Group (Chief Officer) | Japan Sales Business Group (Chief Officer) | ||
¨ Tatsuro Ueda |
China & Asia Region (Chief Executive Officer) Toyota Motor (China) Investment Co., Ltd. |
China Region (Chief Executive Officer) Toyota Motor (China) Investment Co., Ltd. | ||
Johan van Zyl |
Europe Region (Chief Executive Officer) Toyota Motor Europe NV/SA Toyota South Africa Motors (Pty) Ltd. |
Europe Region (Chief Executive Officer) Toyota Motor Europe NV/SA Toyota South Africa Motors (Pty) Ltd. | ||
Tetsuo Ogawa |
North America Region (Chief Operating Officer) Toyota Motor North America, Inc. |
North America Region (Chief Operating Officer) Toyota Motor North America, Inc. | ||
Satoshi Ogiso |
CV Company (President, concurrent Chief Engineer) Toyota Auto Body Co., Ltd. |
CV Company (President, concurrent Chief Engineer) Toyota Auto Body Co., Ltd. | ||
Masayoshi Shirayanagi |
External & Public Affairs Group (Chief Officer) Purchasing Group (Chief Officer) |
External & Public Affairs Group (Chief Officer) Purchasing Group (Chief Officer) | ||
Masashi Asakura |
TPS Group (Chief Officer) Production Planning Group (Chief Officer) Plants (Supervisor of plants across in-house companies) |
TPS Group (Chief Officer) Production Planning Group (Chief Officer) Plants (Supervisor of plants across in-house companies) | ||
¨ Masahiko Maeda |
China & Asia Region (Deputy Chief Executive Officer) Toyota Daihatsu Engineering & Manufacturing Co., Ltd. P.T. Toyota Motor Manufacturing Indonesia Emerging-market Compact Car Company (President) |
Powertrain Company (President) Powertrain Management Div. (concurrent General Manager) |
Name |
Current |
New | ||
Yoichi Miyazaki |
Business Planning Div. Sales & Operation Planning Div. KD Business Planning Div. (concurrent General Manager) Sales & Marketing Support Div. |
Business Planning Div. Sales & Operation Planning Div. KD Business Planning Div. (concurrent General Manager) Sales & Marketing Support Div. | ||
¨ Kenta Kon |
Accounting Group (Chief Officer) Advanced R&D and Engineering Company (Executive Vice President) |
Accounting Group (Chief Officer) Advanced R&D and Engineering Company (Fellow) | ||
Keiji Yamamoto |
Connected Company (President) | Connected Company (President) | ||
¨ Masamichi Okada |
Production Planning Group (Deputy Chief Officer) In charge of unit plant Miyoshi Plant (Plant General Manager) Myochi Plant (Plant General Manager) |
Production Planning Group (Deputy Chief Officer) GAZOO Racing Company (in charge of production) Plants (Supervisor of plants across in-house companies) Motomachi Plant (Plant General Manager) Miyoshi Plant (Plant General Manager) Myochi Plant (Plant General Manager) | ||
¶ Hiroki Nakajima ¨ |
Mid-size Vehicle Company (Executive Vice President, concurrent Chief Engineer) |
Mid-size Vehicle Company (President) | ||
¶ Hiroaki Okuchi |
Advanced R&D and Engineering Company (President) |
Advanced R&D and Engineering Company (President) | ||
¶ Koji Sato ¨ |
Lexus International Co. (Executive Vice President, concurrent Chief Engineer) |
Lexus International Co. (President, concurrent Chief Engineer) |
Senior Fellow
Name |
Current |
New | ||
¶ James Kuffner |
Toyota Research Institute - Advanced Development, Inc. CEO and Representative Director |
Toyota Research Institute - Advanced Development, Inc. CEO and Representative Director Advanced R&D and Engineering Company (Senior Fellow) |