Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
January 29 2024 - 6:06AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of
Foreign Private Issuer
Pursuant to Rule 13a-16 or
15d-16 under
the Securities Exchange Act of 1934
For the month of January, 2024
Commission File Number 001-14948
Toyota Motor Corporation
(Translation of Registrants Name Into English)
1,
Toyota-cho, Toyota City,
Aichi Prefecture 471-8571,
Japan
(Address of
Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F. Form 20-F X Form
40-F
Indicate by check mark if the registrant is
submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
Material Contained in this Report:
I. |
English translation of the registrants announcement regarding Certification Irregularities at Toyota
Industries Corporation, as filed by the registrant with the Tokyo Stock Exchange on January 29, 2024. |
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, thereunto duly authorized.
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Toyota Motor Corporation |
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By: |
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/s/ Yoshihide Moriyama |
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Name: |
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Yoshihide Moriyama |
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Title: |
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General Manager, |
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Capital Strategy & Affiliated Companies Finance Division |
Date: January 29, 2024
January 29, 2024
Certification Irregularities at Toyota Industries
Toyota City, Japan, January 29, 2024Today, Toyota Industries Corporation (TICO) reported to Toyota Motor Corporation (Toyota), which had
commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee (chaired by Mr. Hiroshi Inoue) that was commissioned to investigate potential irregularities of certification
regulations related to fraudulent domestic emissions certification of engines for forklifts and construction machinery
The investigation found that
irregularities occurred during the horsepower output testing for the certification of three diesel engine models for automobiles that Toyota had commissioned to TICO. During certification testing, the horsepower output performance of engines was
measured using ECUs with software that differed from that used for mass production so that results could be manipulated to make measured values appear smoother with less variation. Ten vehicle models are using the affected engines globally,
including six in Japan.
We have re-verified the mass-produced products manufactured at the plant and confirmed
that the affected engines and vehicles meet engine performance output standards. Therefore, there is no need to stop using the affected engines or vehicles. However, we deeply apologize to our customers who have been supporting affected vehicles and
waiting for a long time, and also to all other stakeholders for the significant inconvenience and concern that this has caused.
Based on the results of
the investigation, TICO decided today to temporarily suspend shipments of the affected engines. Toyota has also decided to temporarily suspend shipments of vehicles equipped with the affected engines. Going forward, we will provide detailed
explanations to the authorities and promptly proceed with appropriate measures, including conducting testing in the presence of witnesses if appropriate.
Certification consists of having the national authorities inspect and confirm in advance that vehicles meet various standards so that customers can drive
their vehicles with peace of mind. We consider the appropriate acquisition of certification to be a major prerequisite for doing business as an automobile manufacturer. We recognize the gravity of the fact that the repeated certification
irregularities at TICO, following those at Daihatsu, have shaken the very foundations of the company as an automobile manufacturer.
TICO has informed us
that they will start by providing detailed explanations to authorities regarding these findings and proceed with measures under their guidance in the hopes of regaining the trust of customers and other stakeholders as a manufacturer worthy of
certification.
In addition, restructuring the relevant business will require a change in the mindset of all individuals,
from management to employees, as well as a drastic reform of corporate culture. Such tasks cannot be accomplished overnight. Hence, as the party responsible for transferring the diesel engine business, Toyota will continue to provide support toward
the revitalization of TICOs engine business.
Furthermore, as the commissioner of these tests, we regret that we were not sufficiently attentive and
aware of the fact that the procedures were not carried out in accordance with laws and regulations. Going forward, we will be involved in all company-wide activities to help rebuild TICO and review the situation to thoroughly ensure that safety and
quality are the top priorities.
Models equipped with affected engines
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Engine |
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Vehicle Name |
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Start of
Sales |
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Company |
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Destination |
1GD |
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LAND CRUISER PRADO |
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August/ 2020
(Discontinued
production) |
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Toyota Motor Corporation
Hino Motors Ltd. |
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Japan, Europe,
Middle East, Africa, Asia |
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HIACE/ GRANCE/
BONGO BRAWNY VAN (MAZDA) |
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Dec. 2017 |
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TOYOTA AUTO BODY Co., Ltd.
Gifu Auto Body Co., Ltd. TOYOTA AUTO BODY Co., Ltd.
(Thailand) |
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Japan, Europe,
Middle East, Asia |
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DYNA/
DUTRO (Hino) |
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May 2021 |
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Hino Motors Ltd. |
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Japan, Asia |
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HILUX |
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May 2020 |
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Toyota Motor Thailand Co., Ltd.
Toyota South Africa Motors (Pty) Ltd. Toyota Kirloskar Motor
Private Ltd. (India) |
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Europe,
Middle East, Asia, Africa |
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FORTUNER |
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May 2020 |
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Toyota Motor Thailand Co., Ltd.
PT. Toyota Motor Manufacturing Indonesia Toyota Kirloskar Motor
Private Ltd. (India) |
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Europe,
Middle East, Asia |
2GD |
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HILUX |
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May 2020 |
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Toyota Motor Thailand Co., Ltd. |
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Japan |
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INNOVA |
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July 2020 |
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Toyota Kirloskar Motor Private Ltd. (India) |
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Asia |
F33A |
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LAND
CRUISER 300 |
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Aug. 2021 |
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TOYOTA AUTO BODY Co., Ltd. |
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Japan, Europe,
Middle East, Asia, Africa |
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LX500d |
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Jan. 2022 |
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TOYOTA AUTO BODY Co., Ltd. |
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Europe,
Middle East, Asia |
- |
Sales start period may differ by country and plant |
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