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.

Available Documents

Ratings

Toyota Credit Canada Inc.
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:R-1 (middle)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Toyota Financial Services Corporation
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Toyota Motor Corporation
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
Toyota Motor Finance (Netherlands) B.V.
  • Date Issued:Sep 25, 2024
  • Rating Action:Confirmed
  • Ratings:AA (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CAUE
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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