{"url_path":"/sec/tm/10-k/2026/item-16c","section_key":"item-16c","section_title":"Item 16C PRINCIPAL ACCOUNTANT FEES AND SERVICES","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-06-10","source_url":"https://www.sec.gov/Archives/edgar/data/1094517/0001193125-26-264811-index.html","accession_number":"0001193125-26-264811","cik":"0001094517","ticker":"TM","issuer_name":"TOYOTA MOTOR CORP/","edgar_url":"https://www.sec.gov/Archives/edgar/data/1094517/0001193125-26-264811-index.html","primary_entity_key":"0001094517","primary_entity_name":"TOYOTA MOTOR CORP/"},"word_count":732,"has_tables":true,"body_markdown":"ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES\n\nPricewaterhouseCoopers Japan LLC has audited the financial statements of Toyota included in this annual report on Form 20-F.\n\nThe following table presents the aggregate fees for professional services and other services rendered by PricewaterhouseCoopers Japan LLC and the various network and member firms of PricewaterhouseCoopers to Toyota in fiscal 2025 and fiscal 2026.\n\n \n\n \n  \nYen in millions\n \n\n \n  \n2025\n \n  \n2026\n \n\nAudit Fees(1)\n\n  \n \n8,779\n \n  \n \n8,780\n \n\nAudit-related Fees(2)\n\n  \n \n134\n \n  \n \n231\n \n\nTax Fees(3)\n\n  \n \n453\n \n  \n \n378\n \n\nAll Other Fees(4)\n\n  \n \n60\n \n  \n \n46\n \n\n  \n\n \n\n \n\n \n  \n\n \n\n \n\n \n\nTotal\n\n  \n \n9,426\n \n  \n \n9,435\n \n\n  \n\n \n\n \n\n \n  \n\n \n\n \n\n \n\n \n\n(1)\n\nAudit Fees consist of fees billed for the annual audit services engagement and other audit services, which are those services that only the external auditor reasonably can provide, and include the services of annual audit, quarterly reviews and assessment and reviews of the effectiveness of internal controls over financial reporting of Toyota and its subsidiaries and affiliated companies; the services associated with SEC registration statements or other documents issued in connection with securities offerings such as comfort letters and consents.\n\n \n\n(2)\n\nAudit-related Fees consist of fees billed for assurance and related services that are reasonably related to the performance of the audit or review of its financial statements or that are traditionally performed by the external auditor, and mainly include services such as agreed-upon or expanded audit procedures; and financial statement audits of employee benefit plans.\n\n \n\n(3)\n\nTax Fees include fees billed for tax compliance services, including services such as tax planning, advice and compliance of federal, state, local and international tax; the review of tax returns; assistance with tax audits and appeals; tax-only valuation services including transfer pricing; expatriate tax assistance and compliance.\n\n \n\n(4)\n\nAll Other Fees primarily include fees billed for risk management advisory services; services providing information related to automotive market conditions; and other advisory services.\n\nPolicies and Procedures of the Audit & Supervisory Committee\n\nBelow is a summary of the current policies and procedures of the Audit & Supervisory Committee for the pre-approval of audit and permissible non-audit services performed by Toyota’s independent public accountants.\n\nUnder the policy, specified operating officers or managers submit a request for general pre-approval of audit and permissible non-audit services for the following fiscal year, which shall include details of the specific services and estimated fees for the services, to the Audit & Supervisory Committee, which reviews and determines whether or not to grant the request in advance. Upon the general pre-approval of the Audit & Supervisory Committee, the specified operating officers or managers are not required to obtain any specific pre-approval for audit and permissible non-audit services so long as those services fall within the scope of the general pre-approval provided.\n\n \n\n143\n\n##### Table of Contents\n\nThe Audit & Supervisory Committee makes a further determination of whether or not to grant a request to revise the general pre-approval for the applicable fiscal year if such request is submitted by specified operating officers or managers. Such request may include (i) adding any audit or permissible non-audit services other than the ones listed in the general pre-approval and (ii) obtaining services that are listed in the general pre-approval but of which the total fee amount exceeds the amount affirmed by the general pre-approval. The determination of whether or not to grant a request to revise the general pre-approval noted in the foregoing may alternatively be made by an Audit & Supervisory Committee member, who is designated in advance by a resolution of the Audit & Supervisory Committee, in which case such Audit & Supervisory Committee member shall report such decision at the next meeting of the Audit & Supervisory Committee. The performance of audit and permissible non-audit services and the payment of fees are subject to review by the Audit & Supervisory Committee at least once every fiscal year.\n\nWith respect to fiscal 2026, none of the audit related fees, tax fees or all other fees described in the table above were approved by the Audit & Supervisory Committee pursuant to the de minimis exception provided by paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X. With respect to fiscal 2025, none of the audit related fees, tax fees or all other fees described in the table above were approved by the Audit & Supervisory Board, which used to approve such transactions prior to TMC becoming a company with an Audit & Supervisory Committee, pursuant to the de minimis exception provided by paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X."}