Statement re 'MONET'

Toyota Motor Corporation
25 January 2002


       Restructuring of Information Service Business for Motor Vehicles

Toyota Motor Corporation ('TMC') will transfer 'MONET (Mobile Network)', an
information service for motor vehicles, carried out by Toyota Media Station Inc.
('TMS') to Gazoo Media Service Corp. ('GMS'), which operates and sells system
hardware of 'GAZOO' (TMC's membership information service), on April 1, 2002 to
consolidate the domestic information service business for motor vehicles into
GMS.

Consequently, TMS will be dissolved and will begin its winding-up procedures
from April 2002.

In the second half of this year, TMC is scheduled to launch a new information
network service for motor vehicles, 'G-BOOK', by amalgamation of 'MONET' and
'GAZOO'. This restructuring will be implemented in line with this plan, for the
purpose of increase of business efficiency and enhancement of business
structure, and improvement of services toward customers by consolidating the
information service business of TMC.

To be more precise, TMC will consolidate the operation of the information
service business for motor vehicles into GMS and lend part of the facilities of
'MONET', such as infrastructure, to be owned by TMC to GMS. Herewith, TMC will
be able to integrate services of 'MONET' and 'G-BOOK' and to tie up such
services with 'GAZOO', and to offer seamless and full service to the customers.

Due to this transfer of business from TMS to GMS, hereafter, services of 'MONET'
will be offered to the members of 'MONET' by GMS. In the future, 'MONET' and 'G-
BOOK' will be integrated and the existing members of 'MONET' will also be able
to enjoy services of 'G-BOOK'.

The anticipated effect on TMC's business performance, due to this restructuring,
will be minor. 

Company Profile     

                     Gazoo Media Service Corp.     Toyota Media Station Inc.

Location             Nakamura-ku, Nagoya City,     Naka-ku, Nagoya City, Aichi 
                     Aichi Prefecture              Prefecture
     

Date of 
 establishment       October 2000                  July 1997

Representative       Akio Toyoda, President        Mitsuru Konishi, President

Shareholders' 
 equity              JPY 150 million               JPY 3 billion

Ownership structure  TMC                   75%     TMC                 100%

                     Fujitsu Support and 
                     Service Inc.          15% 

                     Fujitsu Limited       10%

Number of employees  48                            12


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