Extraordinary Report

Toyota Motor Corporation
07 March 2006


                                              (Translation)

Cover Page

Document Name:                                Extraordinary Report
Filed with:                                   The Director General of the Kanto Local Finance Bureau
Filing Date:                                  March 7, 2006
Corporate Name:                               TOYOTA MOTOR CORPORATION
Name and Title of Representative:             Katsuaki Watanabe, President
Location of Head Office:                      1 Toyota-cho, Toyota City, Aichi Prefecture
Telephone Number:                             (0565)28-2121
Name and Title of Person to Contact           Hiroshi Nishida, General Manager of Financial Reporting
                                              Department, Accounting Division
Nearest Place to Contact:                     4-18, Koraku 1-chome, Bunkyo-ku, Tokyo
Telephone Number:                             [phone]
Name and Title of Person to Contact:          Hideyuki Hamada, General Manager, Financial & Accounting
                                              Department, Tokyo General Administration Division
Places of Public Inspection:                  Tokyo Stock Exchange, Inc.
                                              (2-1, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo)
                                              Nagoya Stock Exchange, Inc.
                                              (3-17, Sakae 3-chome, Naka-ku, Nagoya)
                                              Osaka Securities Exchange Co., Ltd.
                                              (8-16, Kitahama 1-chome, Chuo-ku, Osaka)
                                              Fukuoka Stock Exchange
                                              (14-2, Tenjin 2-chome, Chuo-ku, Fukuoka)
                                              Sapporo Securities Exchange
                                              (14-1, Minamiichijo-nichi 5-chome, Chuo-ku, Sapporo)





                                 (TRANSLATION)





1.           Reason for Filing



            As Toyota Motor North America, Inc. will cease to be a specified
subsidiary of Toyota Motor Corporation ('TMC') as a result of the merger with
Toyota Technical Center, U.S.A. Inc., a subsidiary of TMC, as of April 1, 2006,
and after the merger, as Toyota Technical Center, U.S.A. Inc. (new trade name
'Toyota Motor North America, Inc.') will become the new specified subsidiary of
TMC, we hereby file this report under the provision of Article 24-5, Paragraph 4
of the Securities and Exchange Law and Article 19, Paragraph 1 and Paragraph 2,
Item 3 of the Cabinet Office Ordinance Concerning Disclosure of Affairs, Etc. of
Corporations.



2.           Contents of the Report



Company which ceases to be a specified subsidiary



(1)     The trade name, address, name of representative, capital and contents of
business of the specified subsidiary



Trade name:                      Toyota Motor North America, Inc.

Address:                         Torrance, California, U.S.A.

Name of Representative:          Hideaki Otaka, President

Capital:                         US$ 934 Million

Contents of Business:            Activities relating to external affairs,
                                 public relations and research in North America



(2)     The number of voting rights in Toyota Motor North America, Inc. held by
TMC and TMC's holding percentage to the total number of voting rights before the
change

9,336 (100%)



(3)     The number of voting rights in Toyota Motor North America, Inc. held by
TMC and TMC's holding percentage to the total number of voting rights after the
change

0 (0%)



(4)     Reason for the change



Due to the fact that Toyota Motor North America, Inc. will no longer fall under
the category of specified subsidiary of TMC as it will cease to exist as a
result of the merger with Toyota Technical Center, U.S.A. Inc., a subsidiary of
TMC, as of the date of merger, April 1, 2006.



(5)     Date of change

April 1, 2006


Facts of new specified subsidiary (scheduled)



(1)  The trade name, address, name of representative, capital and contents of
business of the specified subsidiary

Trade name:                Toyota Motor North America, Inc. (formerly, Toyota
                           Technical Center, U.S.A. Inc.)

Address:                   Torrance, California, U.S.A.

Name of Representative:    Hideaki Otaka, President

Capital:                   US$ 1,005 Million

Contents of Business:      Activities relating to external affairs,
                           public relations and research in North America



*The trade name of Toyota Technical Center, U.S.A. Inc. will be changed to
Toyota Motor North America, Inc.('new Toyota Motor North America, Inc.') as of
the date of merger with Toyota Motor North America, Inc. On the date of merger,
the new Toyota Motor North America, Inc. will contribute the functions of former
Toyota Technical Center, U.S.A. Inc. as in-kind capital to Toyota Motor
Manufacturing North America, Inc., a wholly owned subsidiary of new Toyota Motor
North America, Inc. The above shows the facts of the new specified subsidiary
after such contribution of operation. In addition, after such contribution,
Toyota Motor Manufacturing North America, Inc. will change its trade name to
Toyota Motor Engineering & Manufacturing North America, Inc.



(2)     The number of voting rights in Toyota Technical Center, U.S.A. Inc. held
by TMC and TMC's holding percentage to the total number of voting rights before
the change

71,800 (100%)



(3)           The number of voting rights in Toyota Motor North America, Inc.
(new Toyota Motor North America, Inc.) held by TMC and TMC's holding percentage
to the total number of voting rights after the change

6,653,471 (100%)



(4)     Reason for the change



Due to the merger of Toyota Technical Center, U.S.A. Inc., a subsidiary of TMC,
with Toyota Motor North America, Inc., a specified subsidiary of TMC, as of the
date of merger, April 1, 2006.



(5)     Date of change

April 1, 2006










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