-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CrKcfgdMialStoEr+HtpUUrc0c1mgEd26MwbbaXMSePkh92Mzw2eicEQ8gz7Ipum aId8RcET+f+5W+pUZldEVw== 0000834071-00-000015.txt : 20000419 0000834071-00-000015.hdr.sgml : 20000419 ACCESSION NUMBER: 0000834071-00-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000418 ITEM INFORMATION: FILED AS OF DATE: 20000418 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOYOTA MOTOR CREDIT CORP CENTRAL INDEX KEY: 0000834071 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 953775816 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09961 FILM NUMBER: 604080 BUSINESS ADDRESS: STREET 1: 19001 S WESTERN AVE STREET 2: PO BOX 2958 FN12 CITY: TORRANCE STATE: CA ZIP: 90509-2958 BUSINESS PHONE: 3107871310 MAIL ADDRESS: STREET 1: 19001 S WESTERN AVE CITY: TORRANCE STATE: CA ZIP: 90509 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 18, 2000 ---------------- Toyota Motor Credit Corporation ------------------------------------------------------ (Exact name of registrant as specified in its charter) California 1-9961 95-3775816 - ------------------- ---------------- ------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 19001 South Western Avenue Torrance, California 90509 - ---------------------------------------------- ------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (310) 787-1310 ------------------- Item 5. Other Events ------------ On April 18, 2000, Toyota Motor Corporation announced its plans to establish Toyota Financial Services Corporation ("TFS"), a new organization that will eventually oversee Toyota's worldwide financial service operations, including those in the United States. TFS is scheduled to assume ownership of Toyota Motor Credit Corporation, currently a subsidiary of Toyota Motor Sales, USA, Inc. ("TMS"), in October 2000. A press release issued by TMS is attached hereto as exhibit 20. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits ------------------------------------------------------------------ (a) Not applicable. (b) Not applicable. (c) Exhibits 20 Press Release 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 hereunto duly authorized. TOYOTA MOTOR CREDIT CORPORATION ------------------------------- (Registrant) Date: April 18, 2000 By: /S/ GEORGE E. BORST --------------- ----------------------------------- George E. Borst Senior Vice President and General Manager (Principal Executive Officer) EXHIBIT INDEX ------------- Exhibit No. Description of Exhibit - ----------- ---------------------- 20 Press Release EX-20 2 PRESS RELEASE TOYOTA TO CREATE WORLDWIDE FINANCIAL SERVICES COMPANY ----------------------------------------------------- TORRANCE, Calif., April 18, 2000 - Toyota Motor Corporation (TMC) today announced the creation of Toyota Financial Services Corporation (TFS), which will oversee Toyota's worldwide financial service operations. The new company will be a wholly owned subsidiary of TMC and eventually will assume ownership of Toyota's existing finance operations in 16 countries, including the United States. TFS is scheduled to begin operations in July 2000 and will be headquartered in Nagoya, Japan. In addition, TMC announced the establishment of Toyota Financial Services Securities Corporation, a subsidiary of TFS, which will offer a variety of consumer financial services in Japan to holders of a Toyota credit card slated to debut in April 2001. By positioning all of its financial operations under one umbrella, TFS intends to strengthen Toyota's financial business, speed decision-making and improve planning and management processes. Combined, these operations serve more than 3 million customers. TFS intends to expand this network to a total of more than 30 countries in the future. In the United States, TFS is scheduled to assume ownership of Toyota Motor Credit Corporation (TMCC) and Toyota Motor Insurance Services (TMIS) in October 2000. TMCC and TMIS are currently subsidiaries of Toyota Motor Sales, USA, Toyota's American sales and distribution arm. TMCC and TMIS provide a wide range of automotive financing and leasing products, dealership inventory financing and extended service contracts for more than 1,400 Toyota, Lexus, Toyota Industrial Equipment and Toyota Marine Sports dealers. TMCC and TMIS adopted the Toyota Financial Services brand identity in December 1999 and will continue to operate under the TFS brand umbrella. No changes in U.S. operations, staffing or services to consumers or dealers are expected as a result of the organizational change. "Service to our customers and support for our dealers will remain our top priorities," said George Borst, Toyota's senior vice president in charge of U.S. financial service operations. "With the global strength of TFS behind our U.S. finance operations, we will be even more competitive in the future." Established in 1982, TMCC has more than $25 billion in assets, making it the third-largest captive finance company in the U.S. automotive industry and 13th among all finance companies in the nation. TMCC employs approximately 2,800 people nationwide and has 34 branch offices located in 21 states plus Puerto Rico. News Media Contacts: Mike Michels (310) 468-5297 Mary Skafidas (212) 715-7435 Investor Relations Contact: Steve Curtis (212) 715-7448 -----END PRIVACY-ENHANCED MESSAGE-----