A maker of cars, trucks, and SUVs, from everyday Corollas and RAV4s to luxury Lexus models and the hybrid pioneer Prius, sold to families, commuters, and businesses around the world. The company began in weaving: Sakichi Toyoda invented an automatic loom, and his son Kiichiro used the proceeds to launch an auto division in 1933, with Toyota Motor Co. officially founded in 1937. The name was changed from "Toyoda" to "Toyota" because the Japanese characters for "Toyota" take eight strokes, an auspicious lucky number.
Toyota sets treasury stock disposal price at 2,983.5 yen per share for employee share plan
The total value of the disposal is 3,444,152,400 yen.
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Toyota Motor Corporation determined a disposal price of 2,983.5 yen per share for treasury stock under its employee share-based compensation plan.
The disposal price was set on August 7, 2026, following a decision on August 4, 2026.
The price was calculated as the higher of the August 3 closing price (2,963.5 yen) and the August 6 closing price (2,983.5 yen) to reflect recent disclosures and protect existing shareholders.
The disposal price equals the market price and is not considered particularly favorable.
Toyota to continue and expand share-based compensation plans for employees
Toyota Motor Corporation announced on August 4, 2026, the continuation of the Senior Professional / Senior Management (Kanbushoku) Plan and the introduction of a new Key Talent Plan for employees.
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The company will dispose of 1,154,400 treasury shares to the ESOP trust on August 25, 2026, with an estimated total value of 3,421,064,400 yen.
The disposal price will be the greater of the closing price on August 3, 2026 (2,963.5 yen) or the closing price on the business day preceding August 7, 2026.
The trust period is planned to be extended from August 31, 2026 to August 31, 2029.
The dilution from the share disposal is approximately 0.01% of total issued shares and voting rights.
The plans aim to accelerate challenges toward becoming a mobility company and enhance medium- to long-term corporate value.
Toyota shareholders elect six board members at 122nd annual meeting on June 17, 2026.
At the 122nd Ordinary General Shareholders' Meeting held June 17, 2026, shareholders approved the election of six Board members: Akio Toyoda, Kenta Kon, Hiroki Nakajima, Yoichi Miyazaki, Shigeaki Okamoto, and Kumi Fujisawa.
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Following the meeting, the Board appointed Akio Toyoda as Chairman, Kenta Kon as President, and Hiroki Nakajima and Yoichi Miyazaki as Executive Vice Presidents, all as Representative Directors.
All six director elections received affirmative votes ranging from 95.97% to 98.94% of voting rights present.
The meeting also received reports on FY2026 business results, consolidated and non-consolidated financial statements, and audit reports.
The Extraordinary Report was filed with the Kanto Local Finance Bureau on June 18, 2026, disclosing the meeting results.
Toyota amends employee share-based compensation plan vesting and non-resident rules
Toyota Motor Corporation announced a partial amendment to its share-based compensation plan for eligible employees on June 18, 2026.
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The amendment changes the vesting date to the date of retirement, instead of the first business day of August following the fiscal year of retirement.
The plan now covers cases where an eligible employee becomes a resident of a country not covered by the plan, with shares converted to cash for non-Japan residents.
In the event of death or plan termination, the vesting date remains the first business day of the second month following the event.
The amendment was made for practical operational considerations, as stated in the filing.
Toyota files corporate governance report with Tokyo Stock Exchange on June 17, 2026.
Toyota's basic policy prioritizes sustainable growth and stable long-term increase of corporate value, building positive relationships with all stakeholders.
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Toyota Motor Corporation furnished a Form 6-K to the SEC on June 17, 2026, containing an English translation of its corporate governance report filed with the Tokyo Stock Exchange.
The report states Toyota has implemented all principles of its Corporate Governance Code.
The company transitioned to a company with Audit and Supervisory Committee in June 2025, reviewing board composition to include independent outside directors.
Director compensation is designed to link pay to medium- to long-term corporate value, with outside directors receiving only fixed payments to ensure independence.
Toyota to record 1,206.3 billion yen gain on sale of Toyota Industries shares
Toyota Motor Corporation sold all 74,100,604 shares of Toyota Industries Corporation it held (24.66% ownership) in a share repurchase by Toyota Industries.
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The sale follows completion of the Toyota Industries squeeze-out procedures, as notified by Toyota Fudosan.
Toyota expects to record gains on sale of shares of subsidiaries and affiliates of 1,206.3 billion yen (final) in non-consolidated financial statements and 576.9 billion yen (estimate) in consolidated financial statements for the fiscal year ending March 31, 2027.
The gains will be recorded in the first quarter of the fiscal year ending March 31, 2027.
The impact on consolidated results for fiscal year ending March 31, 2027 was already reflected in the forecast announced on May 8, 2026.