May 9, 2014
Company name: Fuji Heavy Industries Ltd.
Representative: Yasuyuki Yoshinaga, President
Code number: 7270 (First Section of Tokyo Stock Exchange)
Contact for inquiries: Kazunori Yamafuji
General Manager of Administration Department
Phone: +81-3-3347-2005

Announcement Regarding the end of consignment production
at Subaru of Indiana Automotive, Inc.(SIA)
This is to give notice as follows that Fuji Heavy Industries Ltd. (FHI) decided to end the consignment production forCamry on 2016 fall that has been continuing with Toyota Motor Corporation (Toyota) since 2007.
1. Reason for the end of consignment production.
The decision of the end of production has been made and agreed after consultation based off of the ideas of eachcompany’s optimum distribution for manufacturing resources.
2. Outline of Capital and Business Alliance Counterparty(1) Name

Toyota Motor Corporation(2) Head office

1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Japan(3) Representative

Akio Toyoda,President and Representative Director(4) Main business

Manufacture, sale, lease, and repair of motor vehicle, industrial truck, a vessel, anairplane, other apparatus for transportation, a spacecraft machine, and its
partly-finished goods(5) Paid-in capital

397,050 million yen（at march 31,2013）(6) Establishment

August 27,1937
Japan Trustee Services Bank,Ltd.
Toyota Industries Corporation(7) Major shareholders
And shareholding ratio

9.38％
6.48％

The Master Trust Bank of Japan, Ltd.

5.31％

State Street Bank and Trust Company

3.82％

Nippon Life Insurance Company（at September 30,2013）

3.61％

Capital ties

Toyota holds 129,000,000 common stocks ofFHI(16.48%, share for number of common stocks)

Personnel ties

2 officers are engaged in managements as of May 9,
2014. There are not any other special personnel ties.

Business ties

FHI formed a basic agreement for business alliancewith Toyota on October 2005. FHI operates
consignment production of “Toyota Camry” at SIA.
FHI also produces joint development products such as“SUBARU BRZ” and “TOYOTA 86” at Gunma plantin Japan. OEM vehicle products are supplied byDaihatsu.

Relationship of two parties

There are corporate relationships between theCompany and Toyota(8) Toyota's relationshipWith FHI

(9) Toyota’s Consolidated Performance and Financial Position in the Past Three Years
Fiscal year

Fiscal yearFiscal year

ended March

ended March

ended March

31,2012

31,2013

31,2014

Shareholders' equity(Million Yen)

11,066,478

12,772,856

15,218,987

Total assets(Million Yen)

30,650,965

35,483,317

41,437,473

3,331.51

3,835.30

4,564.74

18,583,653

22,064,192

25,691,911

355,627

1,320,888

2,292,112

432,873

1,403,649

2,441,080

283,559

962,163

1,823,11990.21

303.82575.30

50.00

90.00

165.00Shareholders' equity per share(Yen)Net revenues(Million Yen)
Operation income(Million Yen)
Income before income taxes and equity in earnings ofAffiliated companies(Million Yen)
Net income attributable toToyota Motor Corporation(Million Yen)
Net income attributable to Toyota Motor Corporation
per share-Basic(Yen)Annual cash dividends per share(Yen)
3.Outlook

Since FHI formed a basic agreement with Toyota for business alliance on October 2005, both companies have been
seeking effective utilization of managerial resources in R&D and manufacturing areas in full respect of each brand andindependence for management. FHI continues business alliance with Toyota in products and technology in order for bothcompanies to strengthen competitiveness and to grow in a long run. This change has no effect on business performance forFHI.