1、Geared toward Continuing GrowthAnnual Report 2006Year ended March 31,2006Established in 1937,Toyota Motor Corporation is one of the worlds representative automobile manufac-turers,producing vehicles in 26 countries and regions and marketing vehicles in more than 170 countriesand regions.In fiscal 20
2、06,on a consolidated basis Toyota provided close to eight million vehicles to cus-tomers around the world under the Toyota,Lexus,Daihatsu,and Hino brands.Toyota had more than280,000 employees at the end of fiscal 2006.Cover LS:From fall 2006,we will launch a new model of the Lexus brands flagship se
3、dan worldwide.2Financial Highlights4Chairmans Message6Presidents Message and Interview14Message from the Executive Vice President Responsible for Finance&Accounting16Special Feature:The Camry ChallengeSimultaneous Worldwide Start-Up28Business Overview 42R&D and Intellectual Property44Risk Factors46C
4、orporate Governance50Directors and Auditors52Corporate Philosophy54Environmental and Social Initiatives56Motorsports57Financial Section132R&D Organization133Domestic Production Sites134Overseas Manufacturing Companies136Investor InformationContentsWe want to be a company that can continue to grow in
5、 any era and in any conditions.Bearingthat in mind,Toyota is reinforcing the foundations of an unshakable growth platform whiletaking decisive management measures to grow earnings.Always welcoming change and eagerto take on challenges,we are transforming the quality of our management and operations
6、inpreparation for making our next stride forward.Cautionary Statement with Respect to Forward-Looking Statements This annual report contains forward-looking statements that reflect Toyotas plans and expectations.These forward-looking statements are not guarantees of future performance and involvekno