UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 1, 2014

TOYOTA MOTOR CREDIT CORPORATION

(Exact name of registrant as specified in its charter)

California 1-9961 95-3775816

(State or other jurisdiction of (Commission (IRS Employer Identification No.) incorporation) File Number)

19001 S. Western Avenue 90501 Torrance, California

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (310) 468-1310

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

Toyota Motor Credit Corporation has prepared materials for investors and other business information. The materials are furnished (not filed) as Exhibit 99.1 and Exhibit 99.2 to this Current Report on Form 8-K pursuant to Regulation FD.

Item 9.01 Financial Statements and Exhibits.

99.1 Investor presentation of Toyota Motor Credit Corporation (furnished pursuant to Regulation FD) 99.2 Toyota Business Highlights (furnished pursuant to Regulation FD)

2 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TOYOTA MOTOR CREDIT CORPORATION

Date: July 1, 2014 By: /s/ Michael Groff Michael Groff President and Chief Executive Officer

3 Exhibit Index

99.1 Investor presentation of Toyota Motor Credit Corporation (furnished pursuant to Regulation FD) 99.2 Toyota Business Highlights (furnished pursuant to Regulation FD)

4 Presentation Materials for Investors

June 2014

Disclaimer • This presentation includes certain “forward-looking statements” within the meaning of The U.S. Private Securities Litigation Reform Act of 1995. • These statements are based on current expectations and currently available information. • Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors, including the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation. • We do not undertake to update the forward-looking statements to reflect actual results or changes in the factors affecting the forward-looking statements. • This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Any offer or sale of securities will be made only by means of a prospectus and related documentation. • Investors and others should note that we announce material financial information using the investor relations section of our corporate website (http://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other issues. While not all of the information that we post on social media is of a material nature, some information could be material. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the Toyota Motor Credit Corporation Twitter Feed (http://www.twitter.com/toyotafinancial). We may update our social media channels from time to time on the investor relations section of our corporate website.

2 Disclaimer

• This presentation includes certain “forward-looking statements” within the meaning of The U.S. Private Securities Litigation Reform Act of 1995. • These statements are based on current expectations and currently available information. • Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors, including the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation. • We do not undertake to update the forward-looking statements to reflect actual results or changes in the factors affecting the forward-looking statements. • This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to purchase or subscribe for securities of TMCC in any jurisdiction or an inducement to enter into investment activity in any jurisdiction. Neither this presentation nor any part thereof, nor the fact of its distribution, shall form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. Any offer or sale of securities by TMCC will be made only by means of a prospectus and related documentation. • Investors and prospective investors in securities of TMCC are required to make their own independent investigation and appraisal of the business and financial condition of TMCC and the nature of its securities. This presentation does not constitute a recommendation regarding securities of TMCC. Any prospective purchaser of securities in TMCC is recommended to seek its own independent financial advice. • This presentation is made to and directed only at (i) persons outside the United Kingdom, or (ii) qualified investors or investment professionals falling within Article 19(5) and Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth individuals, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order, and (iv) persons who are “qualified investors” within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) as amended (such persons collectively being referred to as “Relevant Persons”). This presentation must not be acted or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this presentation relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. • This presentation is an advertisement and not a prospectus and investors should not subscribe for or purchase any securities of TMCC referred to in this presentation or otherwise except on the basis of information in the base prospectus of Toyota Motor Finance (Netherlands) B.V., Toyota Credit Canada Inc., Toyota Finance Australia Limited and Toyota Motor Credit Corporation dated 13 September 2013 as supplemented from time to time together with the applicable final terms which are or will be, as applicable, available on the website of the London Stock Exchange plc at www.londonstockexchange.com/exchange/news/market-news/market-news-home.html. • Investors and others should note that we announce material financial information using the investor relations section of our corporate website (http://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other issues. While not all of the information that we post on social media is of a material nature, some information could be material. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the Toyota Motor Credit Corporation Twitter Feed (http://www.twitter.com/toyotafinancial). We may update our social media channels from time to time on the investor relations section of our corporate website.

3 Toyota’s Global Businesses

4 TMC Consolidated Financial Results

Fiscal Year Ended March 31, (JPY billions) 2 0 12 2 0 13 2 0 14 Net Revenues 18,5 8 3 .7 22,064.2 25 ,69 1.9 O perating Income 355.6 1,320 .9 2,292.1 Net Income 28 3 .6 962.2 1,823 .1

Source: TMC FY2012 , FY2013 & FY2014 Financial Summary 5 TMC Consolidated Balance Sheet

FY 2 0 12 FY 2 0 13 FY 2 0 14 (JPY billions) A s o f M a r c h 3 1, 2 0 12 A s o f M a r c h 3 1, 2 0 13 A s o f M a r c h 3 1, 2 0 14 Current assets 12 , 3 2 1. 2 13,78 4.9 15 , 7 17 . 7 Noncurrent finance receivables, net 5 ,60 2.5 6,9 43 .8 8 ,102.3 Investment & other assets 6,49 1.9 7,9 0 3 .4 9 ,9 76.2 Property, plant & equipment, net 6,23 5 .4 6,8 5 1.2 7,641.3 Total Assets 3 0 ,65 1.0 35,483.3 41,43 7.5

Liabilities 19,5 8 4.5 22,710.5 26,218.5 Shareholders' equity 11, 0 6 6 . 5 12,772.9 15 , 2 19 . 0 Total Liabilities & Shareholders' Equity 3 0 ,65 1.0 35,483.3 41,43 7.5

Source: TMC FY2012 , FY2013 & FY2014 Financial Summary 6 Toyota Across the United States

Operations Overview

7 Toyota’s Next Chapter

• Recently announced consolidation of Toyota headquarters functions • Will move to a single location in Plano, Texas during 2016 - 2018 • Unified manufacturing and sales leadership HQ will enable us to: – Improve collaboration and break down operational siloes – Respond to changes in the market faster and improve our competitive advantage – Better align manufacturing operations with sales, marketing and other functions – Ultimately build better vehicles for our customers

8 Toyota Motor Sales, USA • TMS sold 2.23 million vehicles in 2013; its highest sales volume since 2007 and up 7.4% from 2012 – Toyota division was the #1 US retail brand in 2013 – Camry was the best-selling passenger car in America for the 12th consecutive year • Industry-leading investment in next-generation technologies in power-train, safety and production – TMS has one of the most fuel-efficient line-ups of any full-line OEM – Over 2.2 million hybrids sold in the US and nearly 6 million worldwide(1) – 11 hybrid models (2), 1 plug-in model, and 1 EV model across the TMS line-up • For 2014, TMS is launching 10 new or refreshed models. Recent and upcoming vehicle launches:

- 4Runner - RAV 4 - Lexus IS - Camry -Tundra - Lexus RC / RC F - Highlander & HV - Scion tC - Lexus NX (1) As of December 2013 (2) Includes cars and light trucks Source: TMS Reports 9

Toyota Motor Sales, USA (2)

• Quality, dependability, safety and product appeal remain high as reflected by numerous 3rd party accolades

2014 NHSTA 5-Star 2014 Consumer Reports 2014 Popular Mechanics Overall Safety Rating Best New Car Value 10 Best Cars and Trucks 14 Toyota, Lexus and Scion models Toyota Prius 2014 Lexus IS

Interbrand 2014 NHTSA Top 10 Most ‘American Made’ Worlds Most Innovative Companies Best Brand in 2013 Vehicles Toyota ranked 5th overall and the highest Toyota ranked 10th overall and the highest Camry, Corolla & Tundra amongst automotive brands amongst automotive brands

2013 Edmunds Kelley Blue Book’s 2013 Initial Quality Study Best Small Pickup Truck 10 Best Green Cars of 2013 Camry ranked no. 1 Toyota Tacoma Prius Plug-in & Avalon Hybrid

10 Toyota Motor Sales, USA (3)

Toyota Highlander Toyota Camry XSE

11 Toyota Motor Sales, USA (4)

Toyota FCV Concept

Toyota FT 1 Concept 12 Toyota Motor Sales, USA (5) Lexus RC F

Lexus LF-NX Concept Lexus NX 300h

13 Toyota Financial Services

14 TFS Group Global Presence

15 Toyota Motor Credit Corporation (TMCC)

Toyota Motor Corporation (TMC)

Toyota Financial Services Corporation (TFSC)

Toyota Motor Credit Corporation (TMCC)

(1) • Over 4.1 million active finance contracts (2) (2) • AA- /Aa3 rated captive finance company by S&P / Moody’s (3) • Credit support agreement structure with TFSC/TMC

(1) As of March 31, 2014 (2) Outlook stable 16 (3) The Credit Support Agreements do not apply to securitization transactions TMCC Products and Services

Commercial Insurance Consumer Finance Dealer Finance Finance • Service Agreements • Retail • Wholesale • Forklift • Prepaid Maintenance • Lease • Real Estate • Hino Medium Duty • Guaranteed Auto • Working Capital • Retail Protection • Revolving Credit Lines • Lease • Excess Wear & Use • Tire & Wheel

17 Extensive Field Organization

• Decentralized dealer and field support • Centralized servicing and collections (circled)

18 Recent TMCC Business Highlights

• In excess of $10.6 billion income before income taxes over the past 5 years(1) • Continuing the trend in 2014, TFS is the top U.S. auto lender in all new vehicles(2) • Strong market share continues to drive solid financing revenues and sales support • Low net charge-off ratio driven by prudent underwriting standards and proactive servicing practices • High insurance penetration and growing insurance volume

(1) For the four year period from FY10 through FY14 (2) Source: AutoCount as of December 31, 2013 19 TMCC Earning Asset Composition

Managed Assets (USD billions) $89.9 $83.0 $76.8 $76.8 15.8 $72.2 14.9 12.1 12.7 9.7 11.3 8.0 3.0 11.3 10.5

39.6 39.9 40.5 34.1 34.6

24.9 17.4 19.3 19.0 20.2

Mar-10 Mar-11 Mar-12 Mar-13 Mar-14

Lease Retail Sold (ABS) Wholesale & Other

Source: TMCC March 31, 2011 10-K, March 31, 2012 10-K , March 31, 2013 10-K &March 31, 2014 10-K 20 TMCC Financial Performance - Select Data

Fiscal Year Ended M arch 3 1,

(USD millions) 2 0 10 2 0 11 2 0 12 2 0 13 2 0 14

Total Financing Revenues 8 , 16 3 8,064 7,429 7,244 7,397

add: O ther Income 680 779 7 17 744 702

less: Interest Expense 5,587 4,967 4,639 4,5 0 8 5,352 and Depreciation

N et Financing Revenues 3,256 3 ,8 76 3,507 3 ,48 0 2,747 and O ther Revenues

N et Income 1, 0 6 3 1, 8 5 3 1, 4 8 6 1,331 857

Source: TMCC March 31, 2012 10-K & TMCC March 31, 2014 10-K 21 TMCC Financial Performance - Select Data

Fiscal Year Ended M arch 3 1,

(USD millions) 2 0 10 2 0 11 2 0 12 2 0 13 2 0 14

O ver 6 0 Days Delinquent ( 1) 0 .45 % 0 .26 % 0.18% 0 . 19 % 0.18%

Allowance for C redit Losses (1) (2) 2 . 3 1% 1. 13 % 0.80% 0.63% 0.50% . N et C redit Losses 1. 0 3 % 0 .5 2% 0 . 2 1% 0.27% 0.28%

(1) Percentage of gross earning assets (2) The quotient of allowance for credit losses divided by the sum of gross finance receivables (net finance receivables less allowance for credit losses) plus gross investments in operating leases (net investments in operating leases less allowance for credit losses)

Note: All percentage figures calculated were based on a 120-day charge-off policy Source: TMCC March 31, 2014 10-K 22 TMCC Funding Programs

23 Exceptional Liquidity

• A-1+/P-1 direct commercial paper program (1) • $18.7 billion committed credit facilities (2) • $6.0 billion short-term investment portfolio • Over $60 billion in readily salable retail loan & lease receivables • Access to various domestic and international markets • Billions of additional capacity in global benchmark markets • Extensive inter-company lending infrastructure • Credit support agreements: TMCC TFSC  TMC

(1) As of March 31, 2014 (2) Average balance for fiscal year end March 31, 2014 Source: TMCC March 31, 2014 10-K 24 TMCC Funding Program Objectives

• TMCC is committed to:

– Maintaining funding diversity and exceptional liquidity

– Issuing into strong demand with attractive deals

– Identifying & developing new markets and investor relationships

– Responding quickly to opportunities with best-in-class execution

25 New Funding Vehicles

• Auto industry’s first ever Green Bond ABS • Diversity and Inclusion (D&I) bond syndicates led by diversity firms • Competitive, innovative and socially responsible

26 TMCC FY14 Funding Overview $19.9 billion of long term debt funded in FY2014

Other 3%

EMTN 13%

MTN 35%

Global MTN 21%

Public / Private ABS 28%

• $14.3 billion in unsecured debt • $5.6 billion in secured debt (net of amount retained) – $2.5 billion comprised of public term secured funding (net of amount retained)

As of March 31, 2014 Source: Company Reports 27 Diversification in Debt Offerings

TMCC Long Term Debt Outstanding (USD millions)

By Deal Type By Currency

Uridashi $2,457

EMTN $5,244 USD $44,997 Eurobonds $6,302 Global MTN $20,100

Other $5,378 EUR $5,365

Public/Private ABS MTN $8,158 $9,643 AUD JPY $2,697 $1,963 Other CHF GBP $436 $479 $1,344

As of March 31, 2014 Source: Company Reports 28 Funding Flexibility And Responsiveness

Diversification Across USD Curve (1)

(1) Unsecured U.S. MTN issuance, excluding Structured Notes and Retail Notes Percentages may not add to 100% due to rounding As of March 31, 2014 Source: Company Reports 29 Key Investment Highlights

• Financial strength supported by strong credit ratings • Transparent business model with exceptional liquidity • Rational funding programs with long term perspective – Diversification in bond offerings – Focus on proactively meeting needs of market – Strong emphasis placed on flexibility and responsiveness • Industry-leading in: – Liquidity management framework – Balance sheet strength – Business model resiliency

30

TMCC Retail Loan Collateral & ABS Transactions

31 Credit Decisioning & Collections • Recent consistent, conservative underwriting standards have produced low levels of delinquencies and credit losses – Identification & minimization of least desirable segments – Ongoing focus on Toyota and Lexus business • Optimization of collections strategy and staff supports loss mitigation while enabling portfolio growth – Emphasis on early intervention – Reinforcement of strong compliance management system

3.0%

2.0% Delinquency (1)

1.0% Credit loss (2)

0.0% FY2009 FY2010 FY2011 FY2012 FY2013 FY2014

(1) Delinquency is 30+ day delinquencies as a percentage of receivables outstanding (2) Credit loss is annual net credit loss as a percentage of receivables outstanding 32 Credit: Results* • Retail loan credit performance has shown significant improvement – Portfolio-level performance trends show general improvement – Recent vintages outperforming older cohorts

Cumulative Net losses: Annual Origination Vintages

4.5 0 % 2007 2008 2009 2010 2011 2012 2013 4.0 0 % 3.50% 3.00% 2.50% 2.0 0 % 1.50% 1. 0 0 % 0.50% 0.00% 0 4 8 12 16 20 24 28 32 36 40 44 48 52 56 60 64 68 72 Month

* Abbreviated for presentation purposes 33 Source: Company Reports Managed Portfolio Performance

TMCC Retail Loan Delinquency Experience (1)

At March 3 1, 2 0 14 2 0 13 2 0 12 2 0 11 2 0 10 Outstanding Contracts (2) 3,220,641 3,156,247 3,119,781 3,189,591 3,093,894

Number of Accounts Past Due in the following categories 30 - 59 days 32,920 35,672 35,162 43,070 55,123 60 - 89 days 6,660 7 , 18 2 6,786 8,588 11, 7 2 2 Over 8 9 days 5,799 6,362 5,870 9,153 10,953

Delinquencies as a Percentage of Contracts Outstanding (3 ) 30 - 59 days 1. 0 2 % 1. 13 % 1. 13 % 1.35% 1. 7 8 % 60 - 89 days 0 . 2 1% 0.23% 0.22% 0.27% 0.38% Over 8 9 days 0.18% 0.20% 0.19% 0.29% 0.35%

(1) The historical delinquency data reported in this table includes all retail vehicle installment sales contracts purchased by TMCC, excluding those purchased by a subsidiary of TMCC operating in Puerto Rico. Includes contracts that have been sold but are still being serviced by TMCC. (2) Number of contracts outstanding at end of period. (3) The period of delinquency is based on the number of days payments are contractually past due. A payment is deemed to be past due if less than 90% of such payment is made.

34 Source: Company Reports Performance – Retail Loan

TMCC Managed Portfolio Net Loss and Repossession Experience (dollars in thousands) (1)

For the Fiscal Years Ended 2 0 14 2 0 13 2 0 12 2 0 11 2 0 10

Principal Balance O utstanding (2) $48,761,164 $46,932,720 $44,648,020 $45,053,303 $43,234,740 Average Principal Balance O utstanding (3) $47,846,942 $45,790,370 $44,850,661 $44,144,021 $43,360,181 Number of Contracts O utstanding 3,220,641 3,156,247 3,119,781 3,189,591 3,093,894 Average Number of Contracts O utstanding (3) 3,188,444 3 ,13 8 ,0 14 3,154,686 3 ,14 1,7 4 3 3,072,036 Number of Repossessions (4) 34,923 34,353 42,937 64,710 79,637 Number of Repossessions as a Percent of the Average Number of Contracts O utstanding 1.10 % 1.0 9 % 1.36% 2.06% 2.59% Gross Charge-O ffs (5)(6) $257,586 $244,432 $240,736 $447,159 $724,212 Recoveries (7) $62,714 $69,088 $78,593 $98,105 $116,892 Net Losses $194,872 $175,344 $162,143 $349,054 $607,320 Net Losses as a Percentage of Average Principal Balance O utstanding 0.41% 0.38% 0.36% 0.79% 1.40%

(1) The net loss and repossession data reported in this table includes all retail installment sales contracts purchased by TMCC, excluding those purchased by a subsidiary of TMCC operating in Puerto Rico. Includes contracts that have been sold but are still being serviced by TMCC. (2) Principal Balance Outstanding includes payoff amount for simple interest contracts and net principal amount for actuarial contracts. Actuarial contracts do not comprise any of the Receivables. (3) Average of the principal balance or number of contracts outstanding as of the beginning and end of the indicated periods. (4) Includes bankrupt repossessions but excludes bankruptcies. (5) Amount charged-off is the net remaining principal balance, including earned but not yet received finance charges, repossession expenses and unpaid extension fees, less any proceeds from the liquidation of the related vehicle. Also includes dealer reserve charge-offs. (6) Beginning in February 2010, Toyota Motor Credit Corporation changed its charge-off policy from 150 days past due to 120 days past due. (7) Includes all recoveries from post-disposition monies received on previously charged-off contracts including any proceeds from the liquidation of the related vehicle after the related charge-off. Also includes recoveries for dealer reserve charge-offs and chargebacks.

35 Source: Company Reports Origination Profile

TMCC Retail Auto Loan Originations

O riginal Summary Characteristics 2 0 10 2 0 11 2 0 12 2 0 13 2 0 14 ( 1) by Vintage O rigination Year:

Number of Pool Assets 956,010 9 11,5 4 5 973,979 1,008,958 2 2 1,10 9 O riginal Pool Balance $21,924,552,881 $21,608,462,287 $24,029,119,369 $25,332,328,542 $5,632,125,913 Average Initial Loan Balance $22,933 $23,705 $24,671 $25,107 $25,472 Weighted Average Interest Rate 3.91% 3.76% 3 .15 % 2.94% 3.22% Weighted Average O riginal Term 62 months 63 months 63 months 63 months 64 months Weighted Average FICO 738 735 731 727 723

Geographic Distribution of Receivables representing the 5 states with the greatest aggregate original principal balance: State 1 CA - 18.0% C A - 18 .9 % CA - 19.3% C A - 2 1.4 % C A - 2 1.5 % State 2 TX - 13 .1% TX - 12.6% TX - 14 .1% TX - 13.3% TX - 14 .3 % State 3 NY - 5 .2% NY - 5.4% N Y - 5 .1% NY - 4 .6% NY - 4.5% State 4 NJ - 4 .7% NJ - 4 .9% NJ - 4.5% NJ - 4.4% NJ - 4 .3% State 5 VA - 4.5% I L - 4 .1% VA - 4 .2% IL - 3.9% PA - 3.9%

Distribution of Receivables by Contract Rate:(2) Less than 2.0 % 35.2% 30.3% 44.1% 5 1.2 % 49.2% 2.0% - 3.99% 22.8% 35.9% 27.8% 20.2% 20.3% 4.0% - 5.99% 19.3% 17 .5 % 15 .1% 14.0% 14 .1% 6.0% - 7.99% 13.6% 8.5% 6.6% 6.7% 7.6% 8.0% - 9.99% 4 .1% 3.2% 2.7% 3.2% 3.6% 10 .0 % - 11.9 9 % 1.7 % 1.6 % 1.4 % 1.5 % 1.7 % 12.0% - 13.99% 0 .9% 0 .7% 0.5% 0 .6% 0 .7% 14.0% - 15.99% 0 .7% 0 .6% 0.5% 0 .6% 0 .7% 16.0 % and greater 1.8 % 1.7 % 1.4 % 2.0 % 2 .1% Total 100.00% 100.00% 100.00% 100.00% 100.00%

Share of O riginal Assets: Percentage of Non-Toyota/ Non-Lexus 4 .9% 4.4% 3.3% 3.3% 3.6% Percentage of 72+ Month Term 9.8 % 10.5% 10.0% 10 .6 % 11.2 % Percentage of Used Vehicles 30.6% 3 1.5 % 24.4% 24.5% 2 5 .1%

(1) As of March 31, 2014 (2) Percentages may not add to 100% due to rounding 36 Source: Company Reports Origination Characteristics

APR Distribution Weighted Average FICO

10 0 % 74 0

80% 720 70 0 60% 680 40% 660

20% 640

0% 620 CY2010 2011 2012 2013 2014* C Y 2 0 10 2 0 11 2 0 12 2 0 13 2014* <2.0% 2.0%-3.99% >= 4 .0 % Weighted Average FIC O

Weighted Average Original Term New vs. Used

72 100%

66 80%

60% 60 40% 54 20%

48 0% C Y2 0 10 2011 2012 2013 2014* C Y2 0 10 2 0 11 2 0 12 2 0 13 2014* Weighted Aver age O r iginal Te rm N ew U sed *As of March 31, 2014 37 Source: Company Reports ABS Deal Comparison

(1) Toyota Auto Owner Trust (TAOT)

O riginal Summary Characteristics by TAO T 2 0 12-A TAO T 2 0 12-B TAO T 2 0 13-A TAO T 2 0 13-B TAO T 2 0 14 -A Prior Securitization:

Number of Pool Assets 95,915 62,985 84,513 66,096 115 ,0 9 3 O riginal Pool Balance $1,558,792,743 $1,034,333,678 $1,301,545,574 $1,054,454,801 $1,845,073,346 Average Principal Balance $16,252 $16,422 $15,401 $15,953 $16,031 Weighted Average Interest Rate 2.89% 2.85% 2.56% 2.24% 2 .10 % Weighted Average O riginal Term 61 61 61 61 61 Weighted Average FICO 754 754 756 757 757

Geographic Distribution of Receivables representing the 5 states with the greatest State 1 C A - 19 .8 % C A - 2 1.4 % CA - 20.0% CA - 21.3% CA - 22.6% State 2 TX - 12 .4 % TX - 13.3% TX - 13.3% TX - 13 .4 % TX - 13 .4 % State 3 IL - 4.5% NJ - 4 .7% VA - 4 .3% IL - 4 .2% IL - 4 .6% State 4 VA - 4.5% IL - 4.5% IL - 4 .3% V A - 4 .1% PA - 4 .3% State 5 M D - 4 .1% NY - 4.5% NJ - 4 .2% PA - 4.0% NJ - 4 .2%

Share of O riginal Assets: Percentage of Non-Toyota/ Non-L 0.0% 0.0% 0.0% 0.0% 0.0% Percentage of 72+ Month Term 0.0% 0.0% 0.0% 0.0% 0.0% Percentage of Used Vehicles 27.3% 26.3% 22.7% 2 1.8 % 2 1.4 %

(1) Abbreviated for presentation purposes 38 Source: Company Reports TAOT Deal Performance

As of April 15, 2014 Payment Date

0.40%

0.35%

0.30%

0.25%

0.20%

0.15%

0.10%

0.05%

0.00% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

TAOT 2010-A TAOT 2010-B TAOT 2010-C TAOT 2011-A TAOT 2011-B TAOT 2012-A TAOT 2012-B TAOT 2013-A TAOT 2013-B TAOT 2014-A 39 Source: Company Reports Sales & Trading Update

40 Commercial Paper Programs Highlights

• A-1+/P-1 Direct Commercial Paper Programs – 3 distinct USD commercial paper programs (TMCC, TCPR, TCCI) – $13.0 billion multi-party committed credit facilities – $5.7 billion bilateral committed credit facilities – $25.9 billion USCP combined average outstanding for TMCC and TCPR – Over 600 diverse institutional investors • State and local municipalities • Large corporations • Pension and retirement funds • Financial institutions • Money managers and mutual fund companies – Rates are posted daily on Bloomberg DOCP screen

Source: TMCC March 31, 2014 10-K 41

Toyota Business Highlights FY2014

TOYOTA MOTOR SALES (TMS), U.S.A. INC. MONTHLY RESULTS

• The U.S. automobile SAAR figure for May 2014 U.S. light vehicle seasonally adjusted annual rate (SAAR) and came in at 16.8M units, up from 15.4M units in Toyota Motor Sales (TMS), U.S.A. Inc. sales May 2009 - May 2014

May 2013. 18 300

16 250

• TMS May 2014 sales totaled 216,315 units, up 14 200 17.0% from May 2013 volume. 12 150 • Corolla May 2014 sales volume rose 30.8% 10 100 compared to May 2013 volume. Lexus IS sales 8 50 (units in millions) (units in in (units thousands) rose 132.1% in May 2014 compared to May 2013 6 0 Toyota U.S. light vehicle sales sales vehicle light U.S. Toyota

volume. adjusted annual Seasonally rate

Feb-10 Feb-11 Feb-12 Feb-13 Feb-14 Aug-09 Aug-10 Aug-11 Aug-12 Aug-13 Nov-09 Nov-10 Nov-11 Nov-12 Nov-13 May-09 May-10 May-11 May-12 May-13 May-14 • North American production for FY2014 totaled Source: Toyota, Bloomberg, Ward’s Automotive Group. 1,759,439 units, a volume increase of 4.9% from Toyota Division represents Toyota and Scion vehicle sales. Scion sales for May 2014 totaled 6,181 units, down by 6.1% from May 2013 Scion volume. FY2013. TMS monthly results include fleet sales volume.

Toyota Motor Sales, U.S.A. Inc. Toyota U.S. May 2014 unit sales - Toyota U.S. May 2014 unit sales - May 2014 unit sales Toyota Division Top 5 makes Lexus Division Top 5 makes

Toyota Division Lexus May-14 May-14 May-13 May-13 May-13 May-14 May-13 May-14 Camry 39,216 49,584 RX 8,714 9,476 216,315 26,921 Corolla 27,997 36,611 ES 5,890 6,523 Prius 23,522 26,793 IS 1,897 4,403 RAV4 20,780 23,465 GX 745 1,958 Tacoma 14,727 13,876 CT 1,623 1,762

TOYOTA MOTOR CORPORATION (TMC) FINANCIAL RESULTS Yen in millions TMC consolidated financial performance FY2013 FY2014 Net Revenues ¥22,064,192 ¥25,691,911 Operating Income (Loss) 1,320,888 2,292,112 Net Income attributable to TMC (Loss) 962,163 1,823,119

TMC Consolidated Balance Sheet Current Assets ¥13,784,890 ¥15,717,706 Noncurrent finance receivables, net 6,943,766 8,102,294 Total Investments and other assets 7,903,422 9,976,175 Production (units) FY2013 FY2014 Property, plant and equipment, net 6,851,239 7,641,298 Japan 4,276,482 4,344,892 Total Assets ¥35,483,317 ¥41,437,473 North America 1,676,689 1,759,439 Europe 368,930 506,556 Liabilities ¥22,710,461 ¥26,218,486 Asia 1,923,390 1,938,155 Shareholders' equity 12,772,856 15,218,987 Total Liabilities and Shareholders' Equity ¥35,483,317 ¥41,437,473 Other‡ 452,963 483,123

Operating Income (Loss) by geographic region Sales (units) FY2013 FY2014 Japan ¥576,335 ¥1,510,165 Japan 2,278,796 2,365,410 North America 221,925 326,052 North America 2,468,804 2,529,398 Europe 26,462 58,228 Europe 799,085 844,003 Asia 376,055 395,737 Other‡ 133,744 42,568 Asia 1,683,578 1,608,355 Inter-segment elimination and/or unallocated amount -13,633 -40,638 Other‡ 1,640,401 1,768,867

‡ “Other” consists of Central and South America, Oceania, Africa and the Middle East, etc. Source: Toyota Motor Corporation company filings.

TOYOTA MOTOR CREDIT CORPORATION (TMCC) FINANCIAL RESULTS 1 • Our consolidated net income was $857 U.S. dollars TFS - Market Share million in FY2014, compared to $1,331 in millions FY2013 FY2014 TMCC financial performance FY2013 FY2014 million in FY2013. The decrease was Total financing revenues $7,244 $7,397 FY2014 66.2% primarily due to an increase of $444 million Income before income taxes 2,155 1,354 in depreciation on operating leases, an Net Income 1,331 857 FY2013 63.6% Debt-to-Equity Ratio 10.4x 11.0x increase of $400 million in our interest expense driven by valuation losses on derivatives, an increase of $49 million in our TMCC - Percentage of contracts TMCC - Vehicle financing volume subvened provision for credit losses and a decline of FY2013 FY2014 $38 million in investment and other income, FY2013 FY2014

100% partially offset by an increase in total 91.8% 800 700 81.7% 703 financing revenues of $153 million and a 80% 56.6% 59.1% 600 451 60% decline of $327 million in the provision for 302 333 400 290 income taxes. 40% 30.3% 27.2% 200 20% • Market share in FY2014 increased to 66.2% 0 0% thousands in units from 63.6% in FY2013. Financing volume New Used Lease New retail Used retail Lease increased due primarily to an increased retail retail contracts contracts contracts contracts number of lease contracts and an increase in contracts contracts TMS subvention. • Net charge-offs as a percentage of average TMCC - Consumer portfolio credit performance* gross earning assets increased by 0.01% in Net charge-offs as a percentage of average gross earning assets FY2014 compared to FY2013. Aggregate balances for accounts 60 or more days past due as a percentage of • Aggregate balances for accounts 60 or more gross earning assets days past due as a percentage of gross 1.25% earning assets decreased by 0.01% in FY2014 1.00% compared to FY2013. 0.75% 1TFS market share represents the percentage of total domestic TMS sales of 0.50% new Toyota, Lexus and Scion vehicles financed by us, excluding non- 0.25% Toyota/Lexus/Scion sales, sales under dealer rental car and commercial fleet programs and sales of a private Toyota distributor. 0.00% *TMCC consumer portfolio includes TMCC and its consolidated subsidiaries FY2010 FY2011 FY2012 FY2013 FY2014 NORTH AMERICAN SHORT-TERM FUNDING PROGRAMS TMCC consolidated financial liabilities comparison • Toyota Motor Credit Corporation (TMCC), Toyota Credit de Puerto Rico Corp. (TCPR), $90 $80 8.2 Secured 7.0 and Toyota Credit Canada Inc. (TCCI)† maintain direct relationships with institutional $70 notes & loans payable commercial paper investors through its Sales & Trading team, providing each access to $60 49.1 a variety of domestic and global markets through three, distinct 3(a)(3) programs. $50 46.7 Unsecured $40 notes & loans payable • For FY2014, TMCC and TCPR commercial paper programs ranged from approximately $30 $20 Amount ($billions) Commercial $23.4 billion to $28.3 billion with an average outstanding balance of $25.9 billion. As of 27.7 $10 24.6 Paper March 31, 2014 the programs had a weighted average remaining maturity of 87 days. $0 3/31/2013 3/31/2014

†TCCI and TMCC are subsidiaries of Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. *Figures above do not incorporate the Carrying Value ‡TMCC consolidated financial liabilities include TMCC and its consolidated subsidiaries, which includes TCPR. Adjustments.

LET’S GO PLACES • In 2017, Toyota Financial Services plans to relocate its headquarters to Plano, Texas in order to join Toyota Motor Sales, U.S.A., Inc.; Toyota Motor Engineering & Manufacturing North America, Inc.; and Toyota Motor North America as the Toyota affiliates unify their respective headquarters there to create a single, state-of-the-art Toyota headquarters and pursue the One Toyota vision in North America. • Continue to reference our Investor Relations site, www.toyotafinancial.com, for important information and filings. Forward looking statements are subject to risks and uncertainties that could cause actual results to fall short of current expectations. Toyota and its affiliates discuss these risks and uncertainties in filings they make with the Securities and Exchange Commission. This presentation does not constitute an offer to purchase any securities. Any offer or sale of securities will be made only by means of a prospectus and related documentation. The Toyota Financial Sales and Trading Contacts Services Sales & Trading team engages in direct Nicholas Ro Darren Marco dialogue with institutional Sales & Trading Manager Region Manager investors delivering a variety (310) 468-7758 (310) 468-5330 of fixed income products to [email protected] meet our clients’ investment [email protected] objectives and risk Aaron Wright Jason Katzen tolerances. We focus on providing simple, personal, Funding & Liquidity Analyst Funding & Liquidity Analyst Please direct all inquiries to and proactive service in the (310) 468-1366 (310) 468-3509 (800) 292-1147 or email us at execution of all trades. [email protected] [email protected] [email protected]