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TM » Topics » 3. Policy for the Granting of Stock Options and Other Incentive Plans

This excerpt taken from the TM 6-K filed Nov 7, 2006.

3. Policy for the Granting of Stock Options and Other Incentive Plans

Currently, TMC maintains an incentive plan for granting stock options to our directors, managing officers and senior managers, etc. Together with this plan, TMC also maintains an incentive plan for the executives of its overseas associated companies.

TMC believes that these incentive plans will heighten their willingness and motivation to improve business performance in the medium- and long-term, enhance international competitiveness and profitability, and contribute to increased corporate value.

 

Consolidated 3

(All financial information has been prepared in accordance with accounting principles

generally accepted in the United States of America)

 

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