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News Release 2012

Toyota Boshoku has begun production of Corolla seats in Changchun, China

(Kariya,Japan)May 14,2012 – Toyota Boshoku Corporation (President Shuhei Toyoda) has recently begun production of seats and other interior components for the Toyota Corolla, in Changchun, China through Sichuan FAW Toyota Motor Co., Ltd.*1 (hereafter “Sichuan FAW Toyota”)

Production began at CHANGCHUN FAWAY TOYOTA BOSHOKU AUTO PARTS CO.,LTD (hereafter “CHANGCHUN FAWAY TOYOTA BOSHOKU”), a manufacturing joint venture formed between Changchun FAWAY Automobile Components Co., Ltd.*2 and Toyota Boshoku (China) Co., Ltd.*3

Toyota Boshoku group already manufactures Toyota Land Cruiser and Prius seats at the Changchun branch of Tianjin Intex Auto Parts Co., Ltd.*4 for delivery to the Changchun plant (‘East plant’) of Sichuan FAW Toyota. In addition, Toyota Corolla seats, door trim, floor carpets and luggage area trim are manufactured at CHANGCHUN FAWAY TOYOTA BOSHOKU for delivery to the new Changchun plant (‘West plant’) of Sichuan FAW Toyota, which began operations in May of 2012.

The Toyota Boshoku group uses their unique technologies to produce products that provide inspired automobile interior spaces that respond to the needs of customers across China and the globe.

Overview of CHANGCHUN FAWAY TOYOTA BOSHOKU

1. Company name CHANGCHUN FAWAY TOYOTA BOSHOKU AUTO PARTS CO., LTD.
2. Location Changchun Automobile Industrial Development Zone,Changchun, Jilin Province, People’s Republic of China
3. Representative Mr. Etsuro Hori, President
4. Establishment September 2010
5. Number of employees Approx. 100 as of starting production
6. Capital 18 million US dollars
7. Ownership ratio Toyota Boshoku(China) Co., Ltd.: 60%  
    Changchun FAWAY Automobile Components Co., Ltd.: 40%
8. Products Interior components such as seats, door trim, floor carpets, and luggage area trim
9. Production capacity 100,000 units/year
10. Site area 53,000m2
11. Building area 22,000m2
12. Investment 183 million Yuan
*1 Manufacturing site for the joint venture between the Toyota Motor Corporation and FAW in Sichuan Province, China
*2 Automobile part manufacturing company of China FAW Group Corporation in Changchun
*3 China region management company of Toyota Boshoku group
*4 Manufacturing site for the joint venture between Toyota Boshoku Corporation and FAWAY Automobile Components Co., Ltd