Investor Relations Terms and Conditions

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This website and any information or documents for which we provide hyperlinks do not constitute an offer of any securities for sale. The materials on this website and any information provided by means of hyperlinks are furnished for informational purposes only. Moreover, you should assume that any dated information is accurate only as of the date indicated and will not be updated.

Sales & Trading

Since 2003, the Sales & Trading team has been working directly with institutional investors to provide fixed income solutions, real-time execution, and insight into Toyota. The team of fixed income investment professionals strives to deliver solutions to fit clients′ investment objectives and risk tolerance.

The Sales & Trading team's comprehensive and proactive approach has allowed it to have success with a large investor base which includes asset managers, corporate treasurers, financial institutions, foundations and endowments, pension and retirement funds, and state and local municipalities.

Products Offered

The Sales & Trading team provides fixed income products to meet the unique investment objectives and risk tolerances of institutional investor clients.

Commercial Paper

Toyota Motor Credit Corporation (TMCC), Toyota Credit de Puerto Rico Corp. (TCPR), Toyota Credit Canada Inc. (TCCI), Toyota Finance Australia Limited (TFA) and Toyota Motor Finance (Netherlands) B.V. (TMFNL) issue commercial paper to meet short-term funding needs. This commercial paper holds the highest short-term credit ratings,1 A-1+/P-1 by S&P and Moody's, respectively. Each of TMCC, TCPR, TCCI, TFA and TMFNL has entered into credit support agreements with Toyota Financial Services Corporation TFSC, and TFSC has in turn entered into a credit support agreement with Toyota Motor Corporation.

View the organizational structure of these entities and their associated credit support agreements.

Master Notes

TMCC master notes are short-term negotiated notes with maturities ranging from 1 to 270 days. Master notes allow for customizable terms providing flexibility to the investor in regards to tenor, fixed or floating rate, floating rate reference index, put rights by investors, call rights for TMCC and other terms. The product provides investors an alternative to purchases or sales of money market instruments. Put features provide an added layer of liquidity and minimize transaction costs by reducing recurring settlement fees.

Contacts

For more information about commercial paper and master notes, contact:

Nicholas Ro
Sales & Trading Manager
nicholas_ro@toyota.com

Sales & Trading Desk
(800) 292-1147
tfs_trading@toyota.com

1. Current ratings are as of October 17, 2012.

Organizational Structure

Sales Trading

Toyota Motor Corporation

Toyota Motor Corporation markets vehicles in over 170 countries and regions and conducts its business worldwide with more than 51 manufacturing facilities in 28 countries and regions. TMC is a provider of credit support to Toyota Financial Services Corporation TFSC. Click here to view the agreement.

Toyota Financial Services Corporation

TFSC, a Japanese corporation, is a wholly-owned subsidiary of Toyota Motor Corporation (TMC), a Japanese corporation. TFSC manages TMC’s worldwide financial services operations. TFSC is a provider of credit support to Toyota Motor Credit Corporation (TMCC), Toyota Credit de Puerto Rico Corp. (TCPR), Toyota Credit Canada Inc. (TCCI), Toyota Finance Australia Limited (TFA) and Toyota Motor Finance (Netherlands) B.V. (TMFNL). For more information regarding these credit support agreements, please view the links provided in the sections below.

Toyota Motor Credit Corporation

TMCC is wholly-owned by Toyota Financial Services International Corporation (TFSIC), a California corporation, which is a wholly-owned subsidiary of TFSC. TMCC provides a variety of finance and insurance products to authorized Toyota and Lexus vehicle dealers or dealer groups and, to a lesser extent, other domestic and import franchise dealers and their customers in the United States (excluding Hawaii). TMCC acquires a broad range of retail finance products including retail installment sales contracts and leasing contracts from vehicle dealers in the U.S. TMCC also provides dealer financing, including wholesale financing (also referred to as floorplan financing), term loans, revolving lines of credit and real estate financing. Click here to view the TFSC - TMCC credit support agreement.

Toyota Credit de Puerto Rico Corp.

TCPR is incorporated in Puerto Rico and is a wholly-owned subsidiary of TMCC. It offers retail and wholesale financing and certain other financial services to authorized Puerto Rican Toyota and Lexus dealers, their customers and affiliated companies. Click here to view the TFSC-TCPR credit support agreement.

Toyota Credit Canada Inc.

TCCI is a wholly-owned subsidiary of TFSC. The principal business of TCCI is to provide financing services for authorized Canadian Toyota dealers and users of Toyota products. TCCI acquires a broad range of retail finance products including retail installment sales contracts and leasing contracts from vehicle dealers in Canada. TCCI also provides dealer financing. Click here to view the TFSC - TCCI credit support agreement.

Toyota Finance Australia Limited

TFA, which was incorporated as a public company limited by shares in New South Wales, Australia on 18 June 1982, operates under the Australian Corporations Act and is a wholly-owned subsidiary of TFSC. The principal activities of TFA, which are an integral part of the Toyota group's presence in Australia, are:

  • Financing the acqusition of motor vehicles by customers by way of commercial leases and consumer and commercial loans,
  • Providing bailment facilities and commercial loans to motor dealers,
  • Providing vehicle and equipment finance and fleet management services to government and corporate customers and
  • Selling retail insurance policies underwritten by third party insurers.

Click here to view the TFSC - TFA credit support agreement.

 

Toyota Motor Finance (Netherlands) B.V.

TMFNL, which was incorporated as a private company with limited liability, under Netherlands laws on 3 August 1987 is a wholly-owned subsidiary of TFSC. The principal business of TMFNL is to act as a group finance company for some of TMC's consolidated subsidiaries. TMFNL raises funds by issuing bonds and notes in the international capital markets and from other sources and on-lends to other Toyota companies. TMFNL also issues guarantees for debt issuances of certain other Toyota companies. In addition, TMFNL generates income from other investments and deposits incidental to its primary funding activities. As a group finance company, TMFNL is dependent on the performance of the subsidiaries and affiliates of TMC and TFSC to which it grants loans. Click here to view the TFSC - TMFNL credit support agreement.

  1. Credit support providers

  2. Commercial paper issuing entities