This excerpt taken from the TM 6-K filed Nov 7, 2006.
Notice Concerning Offer for Sale of Shares
We hereby notify you that with respect to the offer for sale shares of common stock of Toyota Motor Corporation (TMC) (the Shares) in the domestic markets and the overseas markets, TMC has resolved at its Board of Directors Meeting held today, November 7, 2006, as follows:
In this offering, the Shares are scheduled to be offered for sale in Japan (the Japanese Offering), as well as in overseas markets (the International Offering; together with the Japanese Offering, collectively called the Global Offering). The joint global coordinators of the Global Offering are Nomura Securities Co., Ltd., Nikko Citigroup Limited and Merrill Lynch Japan Securities Co., Ltd.
Purpose of the offer for sale: