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TM » Topics » The downturn in the financial markets could adversely affect Toyotas ability to raise capital.

This excerpt taken from the TM 20-F filed Jun 24, 2009.

The downturn in the financial markets could adversely affect Toyota’s ability to raise capital.

Financial markets worldwide have been significantly disrupted in the wake of the global financial crisis. A number of financial institutions and investors have been facing difficulties providing capital to the financial markets due to their deteriorated financial conditions. As a result, there is a risk that companies may not be able to raise capital under terms that they would expect to receive with their creditworthiness. If Toyota is unable to raise the necessary capital under appropriate conditions on a timely basis, Toyota’s financial condition and results of operations may be adversely affected.

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