8-K

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):

May 6, 2014

TOYOTA MOTOR CREDIT CORPORATION

(Exact name of registrant as specified in its charter)

California	1-9961	95-3775816
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
19001 S. Western Avenue Torrance, California		90501
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code:     (310) 468-1310

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01  Regulation FD

On April 28, 2014, Toyota Financial Services (“TFS”)  issued a press release announcing that it would relocate its North American headquarters to North Dallas (Plano), Texas. TFS is a service mark used by Toyota Motor Credit Corporation (the “Company”). The press release of TFS is furnished as Exhibit 99.1 hereto. The information in this item 7.01 and the attached exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 8.01  Other Events

On April 28, 2014, TFS issued a press release announcing that, as part of Toyota Motor Corporation’s planned consolidation of its three separate North American headquarters for manufacturing, sales and marketing to a single new headquarters facility in Plano, Texas, the Company’s corporate headquarters would move from its current location in Torrance, California, to Plano, Texas, beginning in 2017. The Company does not expect that the relocation of its headquarters will change the Company’s corporate or leadership structure.

We note that there are uncertainties related to the relocation. The Company can give no assurance that the relocation will be completed as planned or within the expected timing.  In addition, the pending relocation may involve significant cost to the Company and the expected benefits of the move may not be fully realized due to associated disruption to operations and personnel.

Item 9.01  Exhibits

Exhibit 99.1   Press Release of Toyota Financial Services

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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
Date: May 6, 2014		By:	/s/ Christopher Ballinger
			Christopher Ballinger Senior Vice President & Chief Financial Officer

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EX-99.1

Exhibit 99.1

TFS: Toyota to Establish New North American Headquarters

TORRANCE, Calif., April 28, 2014 – Toyota Financial Services (TFS) today announced that the company will relocate its North American headquarters to North Dallas (Plano), Texas. The move—which is not expected to begin until 2017—is designed to better serve customers and position Toyota for sustainable, long-term growth.

TFS plans to relocate its headquarters to Plano in order to join Toyota Motor Sales, U.S.A., Inc. (TMS); Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA); and Toyota Motor North America (TMA) as the Toyota affiliates unify their respective headquarters there to create a single, state-of-the-art Toyota headquarters and pursue the One Toyota vision in North America.

There are approximately 1,000 employees at TFS’ Torrance, Calif. headquarters; all who are in good standing will be offered an industry-leading relocation or retention package. “We hope all of our headquarters-based associates decide to join us on this journey,” said Mike Groff, TFS president and CEO.

The company noted that associates at TFS’ regional offices, sales offices and service centers, including those located in California—as well as Toyota Financial Savings Bank (TSFB) in Henderson, Nev.—will not be relocating.

The headquarters relocation will not change TFS’ corporate or leadership structure—the company will remain a part of the global network of comprehensive financial services offered by Toyota Financial Services Corporation (TFSC), a wholly-owned subsidiary of Toyota Motor Corporation (Japan) and independent from Toyota’s North American affiliates.

In explaining the rationale behind TFS’ relocation, Groff said, “Toyota Financial Services exists to support the sales of Toyota, Lexus and Scion vehicles. We would not have been the number one auto finance company by volume last year had it not been for the partnership with Toyota Motor Sales. So for us, when TMS, TEMA and TMA decided to bring their sales, manufacturing and corporate functions together in a new, shared campus, our ‘Partner of Choice’ strategy dictated that we join them. Both to support them, AND to benefit from co-locating with them.”

Toyota will construct a new, state-of-the-art campus facility in Plano, which is expected to take two or more years to construct after groundbreaking in the fall of 2014. The vast majority of the Torrance-based TFS associates who choose to relocate are not likely to move until some time in 2017 when the new headquarters is expected to be fully operational and the affiliate partners are in place.

“Since we began operations in 1983, Toyota Financial Services has been unwavering in its collective pursuit of Akio Toyoda’s vision of ‘Always Better Cars’ and our vision of ‘Always Better Service.’ The decision to join the other Toyota North American affiliates in a new Texas-based headquarters is rooted in our mission. This relocation underscores our strong partnership with our sales and manufacturing affiliates and our shared commitment to better serve customers and position Toyota for sustainable, long-term growth in North America,” Groff concluded.

TFS noted that it will continue to have a strong presence in California—with a regional office in Anaheim as well as sales offices throughout the state. Across all Toyota affiliates, approximately 2,300 associates will remain in California after the relocation is completed.

Additionally, in recognition of the company’s strong ties to the communities where it operates, Groff affirmed that TFS would continue to invest significantly in local community partners in California long after its headquarters relocation. Concurrently with the relocation announcement, Toyota also announced a $10 million philanthropic commitment over and above existing commitments for local non-profits and community organizations in California and Kentucky over a five-year period beginning in 2017.

Toyota Financial Services (TFS) is a service mark used to refer to a number of entities, including Toyota Motor Credit Corporation (TMCC), Toyota Financial Savings Bank (TFSB), and Toyota Motor Insurance Services, Inc. (TMIS).

For more information about TFS’ headquarter relocation, please visit www.TFSNextChapter.org.