Stmnt re - Hino Motors Ltd

Toyota Motor Corporation
6 September 2001


(TRANSLATION)
EXTRAORDINARY REPORT

Places at which copies of this Extraordinary Report are made available for 
public inspection
Name                         Address
Tokyo Stock Exchange         2-1, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo 
Nagoya Stock Exchange        3-17, Sakae 3-chome, Naka-ku, Nagoya
Osaka Securities Exchange    6-10, Kitahama 1-chome, Chuo-ku, Osaka Co., Ltd.
Fukuoka Stock Exchange       14-2, Tenjin 2-chome, Chuo-ku, Fukuoka
Sapporo Securities Exchange  14-1, Minamiichijo-nishi 5-chome, Chuo-ku, Sapporo


1. Reason for Filing
As Hino Motors, Ltd. has become a specified subsidiary corporation of Toyota 
Motor Corporation ('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 Ordinance of Prime Minister's Office 
concerning Disclosure of Affairs, Etc., of Corporations.

2. Description of Report

(1)  Outline of the specified subsidiary corporation 

Corporate name:        Hino Motors, Ltd. 
Location:              1-1 Hinodai 3-chome,Hino-shi,Tokyo 
Representative:        Tadaaki Jagawa 
Capital:               Y72.7 billion 
Description of business: Manufacture and sale of trucks and buses

(2) The number of voting rights in such specified subsidiary corporation held by
TMC and TMC's holding ratio thereof against the total number of the voting 
rights before the change.

166,133 (36.7%) 
<0ut of which, indirectly held 536 (0.1 %)>

(3) The number of voting rights in such specified subsidiary corporation held by
TMC and TMC's holding ratio thereof against the total number of the voting 
rights after the change.

288,433 (50.2%) 
<0ut of which, indirectly held 536 (0.1 %)>

(4) Reason for change
Due to subscription of new shares of Hino Motors, Ltd. issued for capital 
increase.

(5)  Date of change
August 31, 2001