> May 11, 2010
>
> This is Toyota Fast Facts, an update on breaking news, our recent
> recalls
> and the work we are doing to make things right for our customers. For
> additional information and breaking news, please visit
> www.toyotanewsroom.com.
>
> (Embedded image moved to file: pic03876.jpg)
>
> 1. Toyota Announces Year-End Financial Results
>
> Toyota Motor Corporation today reported an annual profit of $2.2
> billion
> for the fiscal year that ended March 31, 2010, rebounding from a
> loss in
> the previous fiscal year. This included $1.2 billion in profits for
> the
> fourth quarter (January through March). The company also noted that
> it
> expects profits to rise 48 percent in the current fiscal year.
>
> In North America, vehicle sales totaled 2.1 million units, down
> 114,000
> units from the previous year. Operating income here, however,
> increased
> significantly as a result of improved market conditions and financial
> services.
>
> Commenting on the results, President Akio Toyoda noted, “I am sincer
> ely
> grateful to our dealers and suppliers who remained fully committed to
> providing as many cars as possible to customers, and to our
> employees as
> well as our overseas business operations for their efforts in working
> together so that the company will return to its normal state as soon
> as
> possible. And finally…I am sincerely grateful to more than 7 milli
> on
> customers around the world who newly purchased Toyota vehicles.” At
> a
> press conference to discuss the financial results, Toyoda told
> Reuters,
> “There’s no change in the fact that we are in stormy waters. But
> now I feel
> that even in the storm, we can see a ray of sunlight in the distance
> .”
>
> For more information on Toyota’s financial results, please visit
> http://pressroom.toyota.com/pr/tms/toyota-announces-year-end-financial-158402...
> .
>
> President Toyoda’s remarks on fiscal year 2010 earnings are availabl
> e at
> http://www.tmmna.tmm.toyota.com/tema/Daily Communications/May 10/TMC
> Press
> Release on Fiscal 2010 Earnings Announcement - Remarks.pdf.
>
> (Embedded image moved to file: pic22030.jpg)
>
>
> 2. Documentary on Toyota’s Recall Situation to Air Thursday on CNBC
>
> On Thursday, May 13, CNBC will air a documentary titled “Total Recal
> l: “The
> Toyota Story.” The one-hour documentary is an abridged version of t
> he “BBC
> Money Programme” that aired in the United Kingdom on March 25.
>
> A CNBC programming note describes it as follows: “Once the model of
> modern
> manufacturing, Toyota is now plagued by quality issues, millions of
> recalls, and admissions of over-ambitious global expansion
> compromising
> safety. How did this happen and when will the recalls end? "Total
> Recall:
> The Toyota Story" tells the remarkable inside story of the rise and
> missteps of the world's biggest car maker.”
>
> Overall, the tone is neutral-to-positive, according to Toyota
> officials who
> have seen the documentary. Toyota Europe had extensive discussions
> with the
> BBC about the program both before and during the production. An
> interview
> with Executive Vice President Takeshi Uchiyamada, the global compan
> y’s
> chief engineer, and video clips from global President Akio Toyoda’s
> congressional testimony and his remarks to Toyota employees in Japan
> were
> included. Ultimately, Toyota officials who have seen the documentary
> said
> the result is a factual, somewhat critical, look at the company and
> its
> current situation.
>
> The program concludes that Toyota has taken steps to address the
> situation,
> but it is at a “crucial turning point” and only time will tell
> whether the
> company’s return to its founding principles will get it “back on
> track.”
>
> It will be broadcast Thursday at 10 p.m. and again at 1 a.m. and be
> repeated on May 15 at 7 p.m. and May 16 at 10 p.m. (All times are
> Eastern
> time.)
>
> (Embedded image moved to file: pic00406.jpg)
>
> 3. General Electric Uses Toyota’s “Kaizen” Principles to Create
> U.S Jobs
>
> General Electric is borrowing lessons from the Toyota Production
> System to
> develop its first new product line in 50 years at its Louisville
> appliance
> plant, according to Kentucky’s Courier-Journal newspaper.
>
> Production of GE water heaters is being shifted from China to
> Louisville
> where lean techniques are being applied to find better and more
> economical
> ways to operate the new line. According to GE, the lean process “wi
> ll
> create 400 jobs making the water heater – and eventually apply to a
> ll
> products” at the plant, including a new washer, dryer and dishwashe
> r.
>
> “Toyota is 50 years ahead of us,” said GE’s Rich Calvaruso.
> “It’s a new
> approach…We’re on a long journey.”
>
> To read the entire article, please visit
> http://www.courier-journal.com/article/20100509/BUSINESS/5100319/1003/GE+Appl...
>
> (Embedded image moved to file: pic17914.jpg)
>
> This is Toyota Fast Facts, an update on breaking news, our recent
> recalls
> and the work we are doing to make things right for our customers. For
> additional information and breaking news, please visit
> www.toyotanewsroom.com.
>
> (Embedded image moved to file: pic03876.jpg)
>
> 1. Toyota Announces Year-End Financial Results
>
> Toyota Motor Corporation today reported an annual profit of $2.2
> billion
> for the fiscal year that ended March 31, 2010, rebounding from a
> loss in
> the previous fiscal year. This included $1.2 billion in profits for
> the
> fourth quarter (January through March). The company also noted that
> it
> expects profits to rise 48 percent in the current fiscal year.
>
> In North America, vehicle sales totaled 2.1 million units, down
> 114,000
> units from the previous year. Operating income here, however,
> increased
> significantly as a result of improved market conditions and financial
> services.
>
> Commenting on the results, President Akio Toyoda noted, “I am sincer
> ely
> grateful to our dealers and suppliers who remained fully committed to
> providing as many cars as possible to customers, and to our
> employees as
> well as our overseas business operations for their efforts in working
> together so that the company will return to its normal state as soon
> as
> possible. And finally…I am sincerely grateful to more than 7 milli
> on
> customers around the world who newly purchased Toyota vehicles.” At
> a
> press conference to discuss the financial results, Toyoda told
> Reuters,
> “There’s no change in the fact that we are in stormy waters. But
> now I feel
> that even in the storm, we can see a ray of sunlight in the distance
> .”
>
> For more information on Toyota’s financial results, please visit
> http://pressroom.toyota.com/pr/tms/toyota-announces-year-end-financial-158402...
> .
>
> President Toyoda’s remarks on fiscal year 2010 earnings are availabl
> e at
> http://www.tmmna.tmm.toyota.com/tema/Daily Communications/May 10/TMC
> Press
> Release on Fiscal 2010 Earnings Announcement - Remarks.pdf.
>
> (Embedded image moved to file: pic22030.jpg)
>
>
> 2. Documentary on Toyota’s Recall Situation to Air Thursday on CNBC
>
> On Thursday, May 13, CNBC will air a documentary titled “Total Recal
> l: “The
> Toyota Story.” The one-hour documentary is an abridged version of t
> he “BBC
> Money Programme” that aired in the United Kingdom on March 25.
>
> A CNBC programming note describes it as follows: “Once the model of
> modern
> manufacturing, Toyota is now plagued by quality issues, millions of
> recalls, and admissions of over-ambitious global expansion
> compromising
> safety. How did this happen and when will the recalls end? "Total
> Recall:
> The Toyota Story" tells the remarkable inside story of the rise and
> missteps of the world's biggest car maker.”
>
> Overall, the tone is neutral-to-positive, according to Toyota
> officials who
> have seen the documentary. Toyota Europe had extensive discussions
> with the
> BBC about the program both before and during the production. An
> interview
> with Executive Vice President Takeshi Uchiyamada, the global compan
> y’s
> chief engineer, and video clips from global President Akio Toyoda’s
> congressional testimony and his remarks to Toyota employees in Japan
> were
> included. Ultimately, Toyota officials who have seen the documentary
> said
> the result is a factual, somewhat critical, look at the company and
> its
> current situation.
>
> The program concludes that Toyota has taken steps to address the
> situation,
> but it is at a “crucial turning point” and only time will tell
> whether the
> company’s return to its founding principles will get it “back on
> track.”
>
> It will be broadcast Thursday at 10 p.m. and again at 1 a.m. and be
> repeated on May 15 at 7 p.m. and May 16 at 10 p.m. (All times are
> Eastern
> time.)
>
> (Embedded image moved to file: pic00406.jpg)
>
> 3. General Electric Uses Toyota’s “Kaizen” Principles to Create
> U.S Jobs
>
> General Electric is borrowing lessons from the Toyota Production
> System to
> develop its first new product line in 50 years at its Louisville
> appliance
> plant, according to Kentucky’s Courier-Journal newspaper.
>
> Production of GE water heaters is being shifted from China to
> Louisville
> where lean techniques are being applied to find better and more
> economical
> ways to operate the new line. According to GE, the lean process “wi
> ll
> create 400 jobs making the water heater – and eventually apply to a
> ll
> products” at the plant, including a new washer, dryer and dishwashe
> r.
>
> “Toyota is 50 years ahead of us,” said GE’s Rich Calvaruso.
> “It’s a new
> approach…We’re on a long journey.”
>
> To read the entire article, please visit
> http://www.courier-journal.com/article/20100509/BUSINESS/5100319/1003/GE+Appl...
>
> (Embedded image moved to file: pic17914.jpg)
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