Quarterly Progress Report on Recurrence Prevention Measures
[Translation]
As stated in "Recurrence Prevention Concerning Engine Certification Issue" published by Toyota Industries Corporation (the "Company") on March 22, 2024, the Company has summarized fundamental preventative measures so that such legal violations will never be repeated, and have implemented them upon having reported them to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). Today, we would like to announce that we have submitted our first quarterly report on the progress of implementation to MLIT.
The Company sincerely apologizes again to our customers, dealers, suppliers and all other concerned parties for the significant inconvenience that this domestic engine certification issue may have caused. We will return to the basics of providing customers with "safe and secure quality products" and continuing to contribute to society, making a fresh start as a company that will never again commit unfair practices. To do this, the entire company will work together to implement the three reforms of "Culture," "Mechanism," and "Organization / Structure" into preventive measures to ensure that we do the right thing.
