Toyota Motor Corporation

Ladies and gentlemen, thank you very much for coming today. We will now like to start the financial results meeting for the year ending March 2023. My name is Irie from Public Relations, and I will be the MC for today's meeting. Before we announce the financial results, Koji Sato, our president, has a few words to mention. Mr. Sato, please. I am Koji Sato. Before announcing our financial results, I would like to explain the current situation regarding the Daihatsu procedural irregularities issue, which was announced on April 28th. Since the announcement, we have had an independent third-party review entity conduct a retest of the vehicles concerned. It has once again been confirmed that the vehicles concerned present no quality or safety issues. Based on the results of the retest and after consulting with the related authorities, we have resumed shipments of the Toyota brand vehicles to Malaysia, Mexico, and Ecuador. As for Thailand and Middle Eastern countries, we will continue to consult with the related authorities. The day before yesterday, Chairman Toyoda visited Thailand to explain to our customers and stakeholders what had happened and to convey to them that the vehicles were safe and that our entire corporate group was committed to working to prevent this type of misconduct from ever happening again. Daihatsu and Toyota are confirming the facts from various perspectives to prevent our recurrence. Toyota is a company in which all members always stop when a problem occurs. It pursues the root cause of problems by going and seeing the location or process where the problem exists, makes improvements, and works to prevent recurrences. We will continue to investigate the root cause, believing that it is important to change the environment in which such misconduct occurs. We will keep you informed as and when progress is made.

Thank you.

Now we'd like to call upon Yoichi Miyazaki, the Executive Vice President and Chief Financial Officer, to explain about the financial results. I'm Miyazaki. And this is the first time I take the podium in this title, so I hope you'll bear with me. And before sharing with you the financial results, we would like to express our heartfelt appreciation to our customers around the world who choose us, as well as our shareholders, our dealers and suppliers, and all other stakeholders who support us in our daily activities.