Holding in Another Company

Toyota Motor Corporation
15 March 2001


To: Director of Tokai Local Finance Bureau


1. Matters Regarding Submitter                                                  
  
  1.  Issuing company (d)

Name of issuing company: Hino Motors, Ltd.

Head office location:   1-1, Hinodai 3-Chome, Hino City, Tokyo          



2. Submitter (Substantial Shareholder) (f)

Judicial person / Joint stock company

Name:    Toyota Motor Corporation

Address or head office location:   1 Toyota-cho, Toyota City, Aichi Prefecture,
                                   471-8571


Judicial person:

Date of incorporation:  August 27, 1937

Name of representative:   Fujio Cho

Title of Representative:  President

Business purposes:   The manufacture, sale, leasing and repair of motor
vehicles, industrial vehicles, ships, aircraft, other transportation machinery
and apparatus, space machinery and apparatus, and parts thereof, etc.

Place to contact and name of person in charge: Tsunehiro Matsuno, General
Manager of Financial Reporting Department, Accounting Division
                                               
Telephone number:       0565 (28) 2121


3.  Holding purposes (g)

For strategic investment (maintenance and development of the business
relationship)

Name of submitter
(Substantial Shareholder)      Toyota Motor Corporation


4.  Breakdown of stock, etc. held by the submitter (h)

                     Main Text of         Article 27-23,     Article 27-23,
                     Article 27-23,       Paragraph 3,       Paragraph 3,
                     Paragraph 3          Item 1             Item 2

Shares               165,597,126 shares         -   shares         -   shares


Number of shares, etc., which were transferred through a margin transaction and
which are to be deducted:           R    -

Number of held shares, etc.,        S    165,597,126

Total number of issued and
 outstanding shares
 (as of February 28, 2001)               452,280,850 shares

Percentage of shares, etc. held by the above-stated
 submitter                                                         36.61%

Percentage of shares, etc. held stated in preceding
 report                                                            33.79%


5.  Conditions concerning acquisition or disposal during the last sixty
    (60) days of shares, etc. issued by issuing company(i)

Date         Kind of stock, etc.    Number            Distinction     Unit Price
                                                      between
                                                      acquisition
                                                      and disposal

March 9,
 2001        Shares of Common
              Stock                10,871,000 shares  *1 Acquisition    Yen  564


7.  Funds for acquiring held shares, etc. (k.)

  (1) Breakdown of funds for acquisition

      Amount of own funds (Y1,000)             R  54,178,217     
      

      Total amount of borrowed funds (Y1,000)  S    -
        
      Total amount of funds for acquisition       54,178,217


To: Director of Tokai Local Finance Bureau


1. Matters Regarding Submitter                                                  
  
  1.  Issuing company (d)

Name of issuing company: Hino Motors, Ltd.

Head office location:   1-1, Hinodai 3-Chome, Hino City, Tokyo          


2. Submitter (Substantial Shareholder) (f)

Judicial person / Joint stock company

Name:    Daihatsu Motor Co., Ltd

Address or head office location:   1-1 Daihatsu-cho, Ikeda City, Osaka, 563-8651
                              


Judicial person:

Date of incorporation:  March 1, 1907

Name of representative:   Takaya Yamada

Title of Representative:  President

Business purposes:   The manufacture, sale, leasing and repair of motor
vehicles, industrial vehicles, other various vehicles, and parts thereof, etc.

Place to contact and name of person in charge: Michiro Morita, Director and
General Manager of Finance, Accounting & Cost Management Division
                                               
                                               
Telephone number:       0727 (54) 3062


3.  Holding purposes (g)

For strategic investment (maintenance and development of the business
relationship)

Name of submitter
(Substantial Shareholder)      Daihatsu Motor Co., Ltd


4.  Breakdown of stock, etc. held by the submitter (h)

                     Main Text of         Article 27-23,     Article 27-23,
                     Article 27-23,       Paragraph 3,       Paragraph 3,
                     Paragraph 3          Item 1             Item 2

Shares               525,000 shares         -   shares         -   shares



Number of held shares, etc.,                        S  525,000

Total number of issued and
 outstanding shares
 (as of February 28, 2001)                          452,280,850 shares

Percentage of shares, etc. held by the above-stated
 submitter (S/(T+U)x100)                              0.12%

Percentage of shares, etc. held stated in preceding
 report                                               0.12%


5.  Conditions concerning acquisition or disposal during the last sixty
    (60) days of shares, etc. issued by issuing company(i)

Date         Kind of stock, etc.    Number            Distinction     Unit Price
                                                      between
                                                      acquisition
                                                      and disposal

Not Applicable                                        *1 Acquisition
                                                       2 Disposal



III.  Summary List Regarding Submitter and Joint Holders

      1. Submitter and joint holders (n)

         Toyota Motor Corporation
         Daihatsu Motors Co., Ltd.


2.  Breakdown of stock, etc. held by the submitter and the joint holders (o)


                                Main Text of Article 27-23, Paragraph 3

Stock                                              166,122,126 shares
          


Number of held shares, etc.       S 166,122,126

Total number of issued and outstanding
 shares (as of February 28, 2001)                         U 452,280,850 shares

Percentage of shares, etc. held by the
 above-stated submitter and join holders                         36.73%

Percentage of shares, etc. held stated in
 preceding report                                                33.90%




                       POWER OF ATTORNEY

                                                           March 14, 2001

           Address or            1-1 Daihatsu-cho, Ikeda City,
 head office location                                    Osaka
                 Name                 Daihatsu Motor Co., Ltd.
                                President, Takaya Yamada (seal)

I hereby appoint the following person as attorney in fact to do any and all acts
in connection with the preparation and submission of various reports prescribed
in Chapter 2-3 (disclosure of the conditions of holding the substantial shares,
etc.,) of the Securities and Exchange Law of Japan, and delivery of copies of
such reports.



Address or head office location
of the attorney-in-fact            1 Toyota-cho, Toyota City, Aichi Prefecture

Name of attorney-in-fact                               Toyota Motor Corporation
                                                           President, Fujio Cho