Credit Rating Report

Toyota Motor Corporation & Related Entities: Rating Report

Autos & Auto Suppliers

Summary

On September 25, 2024, DBRS Limited (Morningstar DBRS) confirmed the Issuer Ratings of Toyota Motor Corporation, Toyota Financial Services Corporation, Toyota Motor Finance (Netherlands) B.V., and Toyota Credit Canada Inc. (TCCI) at AA (low). Additionally, Morningstar DBRS confirmed TCCI's Medium-Term Notes and Commercial Paper at AA (low) and R-1 (middle), respectively. The trends on all credit ratings are Stable.

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