# EDGAR Filing Document

**Accession Number:** 0000834071
**File Stem:** 0000950103-26-002247
**Filing Date:** 2026-2
**Character Count:** 59707
**Document Hash:** c2ce5b72ed59fa5072bec4b803ea4a53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950103-26-002247.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0000950103-26-002247

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 63

**CONFORMED PERIOD OF REPORT**: 20260218

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TOYOTA MOTOR CREDIT CORP
- **CENTRAL INDEX KEY:** 0000834071
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERSONAL CREDIT INSTITUTIONS [6141]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 953775816
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-09961
- **FILM NUMBER:** 26645322

**BUSINESS ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE, W2-3D
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024
- **BUSINESS PHONE:** (469) 486-9013

**MAIL ADDRESS:**
- **STREET 1:** 6565 HEADQUARTERS DRIVE, W2-3D
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75024

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported):

**<u>February 18, 2026</u>**

**TOYOTA MOTOR CREDIT CORPORATION** (Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **California** | **1-9961** | **95-3775816** |
| (State or Other Jurisdiction of <br> Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

**6565 Headquarters Drive, Plano, TX 75024** (Address of principal executive offices, including zip code)

**(469) 486-9300** (Registrant's telephone number, including area code)

**Not Applicable** (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading symbol(s)** | **Name of each exchange on which registered** |
| Medium-Term Notes, Series B Stated<br> Maturity Date January 11, 2028 | TM/28 | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 7.01 Regulation FD Disclosure.**

Toyota Motor Credit Corporation has prepared materials for investors and other business information. The materials are furnished (not filed) as Exhibit 99.1 and Exhibit 99.2 to this Current Report on Form 8-K pursuant to Regulation FD.

**Item 9.01 Financial Statements and Exhibits.**

**(d) Exhibits.**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| [99.1](dp241660_ex9901.htm) | [Investor presentation of Toyota Motor Credit Corporation (furnished pursuant to Regulation FD)](dp241660_ex9901.htm) |
| [99.2](dp241660_ex9902.htm) | [Toyota Business Highlights (furnished pursuant to Regulation FD)](dp241660_ex9902.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | TOYOTA MOTOR CREDIT CORPORATION | TOYOTA MOTOR CREDIT CORPORATION |
| Date: February 18, 2026 | By: | /s/ Tellis Bethel |
|  |  | Tellis Bethel |
|  |  | Group Vice President and Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex9901_001.jpg)

TOYOTA FINANCIAL SERVICES 1 Presentation Materials for Investors February 2026

![](ex9901_002.jpg)

TOYOTA FINANCIAL SERVICES 2 Disclaimer • This presentation includes certain "forward - looking statements" within the meaning of The U.S. Private Securities Litigation Ref orm Act of 1995. • These statements are based on current expectations and currently available information. • Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors, in cluding the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation. • We do not undertake to update the forward - looking statements to reflect actual results or changes in the factors affecting the f orward - looking statements. • This presentation does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Any offer or sa le of securities will be made only by means of a prospectus and related documentation. • Investors and others should note that we announce material financial information using the investor relations section of our cor porate website (http://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other issues. While not all of the information that we post on our website or social media is of a material nature, some information could be material. Ther efo re, we encourage investors, the media, and others interested in our company to review the information we post on the investor relati ons section of our website and on our social media. We may update our social media channels from time to time on the investor relat ions section of our corporate website.

![](ex9901_003.jpg)

TOYOTA FINANCIAL SERVICES 3 Disclaimer • This presentation includes certain "forward - looking statements" within the meaning of The U.S. Private Securities Litigation Ref orm Act of 1995. • These statements are based on current expectations and currently available information. • Actual results may differ materially from these expectations due to certain risks, uncertainties and other important factors, in cluding the risk factors set forth in the most recent annual and periodic reports of Toyota Motor Corporation and Toyota Motor Credit Corporation ("TMCC"). • We do not undertake to update the forward - looking statements to reflect actual results or changes in the factors affecting the f orward - looking statements. • This presentation does not constitute or form part of and should not be construed as, an offer to sell or issue or the solici tat ion of an offer to purchase or subscribe for securities of TMCC in any jurisdiction or an inducement to enter into investment activity in any jurisdiction. Neither this presentation nor any part thereof, nor the fact of its distribution, sh all form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. Any offer or sale of securities by TMCC will be made only by means of a prospectus and related documentation. • Investors and prospective investors in securities of TMCC are required to make their own independent investigation and apprai sal of the business and financial condition of TMCC and the nature of its securities. This presentation does not constitute a recommendation regarding securities of TMCC. Any prospective purchaser of securities in TMCC is recommended to s eek its own independent financial advice. • This presentation and its contents are directed only at and may only be communicated to (a) persons in member states of the E uro pean Economic Area who are "qualified investors" within the meaning of Article 2 of the Prospectus Regulation (EU) 2017/1129 and (b) persons in the United Kingdom who are "qualified investors" as defined in paragraph 15 of S che dule 1 to the Public Offers and Admission to Trading Regulations 2024 who are (i) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Ac t 2000 (Financial Promotion) Order 2005 (the "Order"), or (ii) high net worth entities and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order, or (iii) other persons to whom it may othe rwi se lawfully be communicated (all such persons in (a) through (b) are collectively referred to as "Relevant Persons"); and in all cases are capable of being categorized as (i) in the European Economic Area, an eligible counterparty or a professional client, each as defined in Directive 2014/65/EU (as amended) or (ii) in the United Kingdom, an eligible counterparty (as defined in the FCA Handbook Conduct of Business Sourcebook) or a professional client (as defined in Regulati on (EU) No 600/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (such persons in (i) and (ii) being referred to as "Eligible Persons"). • This presentation must not be acted or relied on by persons who are not both Relevant Persons and Eligible Persons. Any inves tme nt or investment activity to which this presentation relates is available only to persons who are both Relevant Persons and Eligible Persons and will be engaged in only with persons who are both Relevant Persons and Eligible Persons. • This presentation is an advertisement and not a prospectus and investors should not subscribe for or purchase any securities of TMCC referred to in this presentation or otherwise except on the basis of information in the Euro Medium Term Note Programme base prospectus of Toyota Motor Finance (Netherlands) B.V., Toyota Credit Canada Inc., Toyota Finance Australi a L imited and Toyota Motor Credit Corporation dated, 12 September 2025, as supplemented from time to time (together, the "Prospectus") together with the applicable final terms which are or will be, as applicable, available on the w ebs ite of the London Stock Exchange plc at https://www.londonstockexchange.com/news?tab=news - explorer. Investors should read the Prospectus before making an investment decision in order to fully understand the potential risks an d r ewards associated with the decision to invest in any securities of TMCC issued under the Euro Medium Term Note Programme. Approval of the Prospectus by the Central Bank of Ireland and the United Kingdom's Financial Conduct Authori ty should not be understood as an endorsement of securities issued by TMCC under the Euro Medium Term Note Programme. • Investors and others should note that we announce material financial information using the investor relations section of our cor porate website (http://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, as well as social media to communicate with our investors, customers and the general public about our company, our services and other is sues. While not all of the information that we post on our website or social media is of a material nature, some information could be material. Therefore, we encourage investors, the media, and others interested in our company to rev iew the information we post on the investor relations section of our website and on our social media. We may update our social media channels from time to time on the investor relations section of our corporate website.

![](ex9901_004.jpg)

TOYOTA FINANCIAL SERVICES 4 Toyota's Global Business Markets vehicles in approximately 200 countries and regions Over 50 overseas manufacturing organizations in 27 countries and regions besides Japan Over 380,000 employees worldwide AUTOMOTIVE Design, Manufacturing, Distribution Consumer Financing Dealer Support & Financing Banking Securities Services Ancillary Products & Services OTHER BUSINESSES Housing Marine Telecommunications e - Business Intelligent Transport Services Biotechnology & Afforestation

![](ex9901_005.jpg)

TOYOTA FINANCIAL SERVICES 5 TMC Financial Highlights ¥ in billions TMC has adopted International Financial Reporting Standards (IFRS) beginning with the first quarter of the fiscal year ended Mar ch 2021. (1) Cash and cash equivalents, time deposits, public and corporate bonds and its investment in monetary trust funds, excluding in ea ch case those relating to financial services. (2) Capital Expenditures do not include vehicles in operating lease or right of use assets. (3) R&D activity related expenditures incurred during the reporting period. Source: TMC Q3 FY2024 Financial Summary; TMC Q3 FY2025 Financial Summary, TMC Q3 FY2026 Financial Summary

![](ex9901_006.jpg)

TOYOTA FINANCIAL SERVICES 6 Toyota Operations Across the US Source : Toyota USA website as of Fall 2025

![](ex9901_007.jpg)

TOYOTA FINANCIAL SERVICES 7 Toyota Motor North America, Inc. $21B+ Announced new investments into U.S. manufacturing operations since 2020 to support electrification efforts 35.3M+ Vehicles assembled in US since 1986 with over 60 years of US presence $49B+ Direct investment in the U.S. as of December 31, 2025 30 BEV models expected globally by 2030 #1 Through 2024, Toyota was the number one retail brand for the 13 th consecutive year 47.0% TMNA sales in 2025 were electrified vehicles (1) as of December 31, 2025 (1) Electrified vehicles include hybrid, plug - in hybrid, battery electric, and fuel cell. Source : Toyota Motor North America, Inc. Company Reports

![](ex9901_008.jpg)

TOYOTA FINANCIAL SERVICES 8 Toyota and Lexus 3 rd Party Accolades Quality, dependability, safety and product appeal remain high as reflected by numerous 3 rd party accolades 2026 MY NHTSA 5 - Star Overall Rating 20 Toyota models 9 Lexus models (includes multiple trims) 2026 Fortune Toyota has been again named by Fortune as one of the "World's Most Admired Companies" including being the top automotive company on the list. 2026 Kelley Blue Book Best Buy Awards Best Compact SUV – RAV4 Best Midsize Car – Camry Best Minivan – Sienna Best PHEV Car - Prius Best Luxury Hybrid SUV – Lexus RX Best Luxury Hybrid Car – Lexus ES Best Hybrid & Mid - Size Truck - Tacoma 2025 IIHS Used Vehicle List Best Choices for Teens 6 Toyota vehicles 2 Lexus vehicles 2025 IIHS Top Safety Pick Awards 5 qualifying Toyota models 2 qualifying Lexus models 2026 U.S. News Best Cars for the Money Best Midsize Pickup Truck – Tacoma Best Midsize Hybrid Car – Camry Best Sports Car – GR86 Tundra, Corolla and Corolla Cross were finalists in their categories 2025 U.S. News Best Gas Mileage 2 Toyota models 2 Lexus models 2025 Kelley Blue Book Best Resale Value - Brand Toyota - seventh time in eight years with five category wins Lexus - earning this award for the ninth time 2025 Edmunds Top Rated Awards Top Rated SUV – Grand Highlander Highly Recommended – Toyota Camry and Lexus GX 2025 Interbrand Best Global Brands Toyota named world's No. 1 most valuable automotive brand and No. 6 most valuable overall 2025 U.S. News Best Cars for Families Best Hybrid SUV - Highlander 2025 J.D. Power and Associates Vehicle Dependability Survey Lexus and Toyota ranked 1 st and 4 th in overall dependability, while TMC received 7 model - level awards, the most of any parent corporation

![](ex9901_009.jpg)

TOYOTA FINANCIAL SERVICES 9 Toyota and Lexus Vehicle Highlights Lexus GX Lexus TX (Hybrid/PHEV) Prius (Hybrid/PHEV) Tacoma (Hybrid) Land Cruiser (Hybrid) Lexus RZ (BEV) Lexus RX (Hybrid/PHEV) RAV4 (Hybrid/PHEV)

![](ex9901_010.jpg)

TOYOTA FINANCIAL SERVICES 10 Toyota Financial Services

![](ex9901_011.jpg)

TOYOTA FINANCIAL SERVICES 11 TFS Group Global Presence

![](ex9901_012.jpg)

TOYOTA FINANCIAL SERVICES 12 Toyota Motor Credit Corp (TMCC) Toyota Motor Corporation (TMC)  Toyota Financial Services Corporation (TFSC)  Toyota Motor Credit Corporation (TMCC) • Nearly 5.0 million active finance contracts (1) • A+/A1/A+ (2) rated captive finance company by S&P/Moody's/Fitch • Credit support agreement structure with TFSC/TMC (3) (1) As of December 31, 2025 . (2) S&P (Stable), Moody's (Stable) and Fitch (Stable). (3) The Credit Support Agreements do not apply to securitization transactions. Source : Company Reports

![](ex9901_013.jpg)

TOYOTA FINANCIAL SERVICES 13 ▪ Voluntary Protection Products • Service Agreements • Prepaid Maintenance • Guaranteed Auto Protection • Excess Wear & Use • Tire & Wheel • Key Replacement Protection • Used Vehicle Limited Warranty TMCC Products and Services ▪ Dealer Financing • Wholesale • Real Estate • Working Capital • Revolving Credit Lines ▪ Consumer Financing • Retail • Lease Source : TMCC December 31 , 2025 10 - Q . Reflects Operating Lease and Retail Financing revenues; Dealer Financing revenues; and Voluntary protection contract revenues and insurance earned premiums for the quarter ended December 31, 2025.

![](ex9901_014.jpg)

TOYOTA FINANCIAL SERVICES 14 TMCC Earning Asset Composition $ in billions (P ercentages may not add to 100% due to rounding) Source: TMCC March 31, 2023 10 - K, March 31, 2024 10 - K, March 31, 2025 10 - K, and December 31, 2025 10 - Q

![](ex9901_015.jpg)

TOYOTA FINANCIAL SERVICES 15 TMCC Financial Performance $ in millions (1) 60+ Days Delinquent, Allowance for Credit Losses, and Net Credit Losses : percentage of gross earning assets. (2) Allowance for Credit Losses : the quotient of allowance for credit losses divided by the sum of gross finance receivables (finance receivables before all owa nce for credit losses). (3) Net Credit Losses : results are annualized and for Finance Receivables only. Source: TMCC December 31, 2024 10 - Q, and December 31, 2025 10 - Q

![](ex9901_016.jpg)

TOYOTA FINANCIAL SERVICES 16 TMCC Funding Programs

![](ex9901_017.jpg)

TOYOTA FINANCIAL SERVICES 17 Commercial Paper Highlights (1) As of December 31, 2025. Source : TMCC December 31, 2025 10 - Q and Company Reports $15.0B \| $4.1B Syndicated Other Backed by $19.1B of Committed Bank Credit (1) TCCI TFA TMCC TMFNL TCPR Five Distinct Programs A - 1+ \| P - 1 \| F1 S&P Moody's Fitch Highest Short - Term Ratings DOCP Rates Posted Daily on Bloomberg 700+ Investors State and Local, Corporates, Pension Funds, Asset Managers, Financial Institutions $17.8B Average Outstanding Balance TMCC and TCPR during 3QFY26

![](ex9901_018.jpg)

TOYOTA FINANCIAL SERVICES 18 TMCC FY2026 Funding Overview As of December 31, 2025 (1) Net of retained. (2) Funding from asset - backed loans and ABCP Conduits. Percentages may not add to 100% due to rounding

![](ex9901_019.jpg)

TOYOTA FINANCIAL SERVICES 19 Diversification in Debt Offerings As of December 31, 2025 $ in millions. Percentages may not add to 100% due to rounding. (1) EMTN total outstanding balance includes the effect of cross - currency interest rate swaps and differs from amounts shown in T MCC's financial statements. Global MTN $40,050 39% EMTN / Eurobonds $16,076 15% MTN $8,830 9% Other $2,080 2% Privately Secured - Loan $12,210 12% Privately Secured - Lease $3,591 3% Loan ABS - TAOT $10,536 10% Revolving Loan ABS - TALNT $6,935 7% Lease ABS - TLOT $3,343 3% Public + Private Securitization, $36,614 35% TMCC Outstanding Term Debt - $103.7 billion¹

![](ex9901_020.jpg)

TOYOTA FINANCIAL SERVICES 20 Funding Flexibility and Responsiveness (1) Unsecured U.S. MTN issuances, excluding Structured Notes and Retail Demand Notes. FYTD26 as of December 31, 2025. (2) Does not include EMTN issuances. Percentages may not add to 100% due to rounding. Source: Company Reports

![](ex9901_021.jpg)

TOYOTA FINANCIAL SERVICES 21 Retail Loan and Lease Origination and Portfolio Performance

![](ex9901_022.jpg)

TOYOTA FINANCIAL SERVICES 22 Credit Decisioning & Collections Disciplined Underwriting Consistent and conservative underwriting standards designed to limit delinquencies and credit losses • Key mission is to support Toyota and Lexus brand and vehicle sales • Continued focus on prime originations • Proprietary credit scores that leverage TMCC's extensive origination history • Regular statistical validations of predictive power Servicing Optimization Optimization of collections strategy and staff supports loss mitigation while enabling portfolio growth • Emphasis on early intervention • Reinforcement of strong compliance management system • Focus on analytics and technology to prioritize high risk accounts and manage loss severities

![](ex9901_023.jpg)

TOYOTA FINANCIAL SERVICES 23 Managed Portfolio - Retail Loan Outstanding and Performance\* Source: Company Reports as of December 31, 2025 \*Excludes contracts purchased by a subsidiary of TMCC in Puerto Rico and the private label business, and includes contracts t hat have been sold but are still being serviced by TMCC.

![](ex9901_024.jpg)

TOYOTA FINANCIAL SERVICES 24 Managed Portfolio - Retail Loan Cumulative Net Losses by Vintage Source : Company Reports as of December 31, 2025

![](ex9901_025.jpg)

TOYOTA FINANCIAL SERVICES 25 Managed Portfolio - Retail Loan Origination Characteristics \*Percentages may not add to 100% due to rounding. Source: Company Reports as of December 31, 2025. Includes retail loans for Toyota and Lexus brands only

![](ex9901_026.jpg)

TOYOTA FINANCIAL SERVICES 26 ABS – TAOT Characteristics \*Percentages may not add to 100% due to rounding. Source: Company Reports

![](ex9901_027.jpg)

TOYOTA FINANCIAL SERVICES 27 ABS - TAOT Cumulative Net Loss Source : Company Reports as of January 2026 payment date

![](ex9901_028.jpg)

TOYOTA FINANCIAL SERVICES 28 ABS - TALNT Revolving Series Performance Source : Company Reports as of January 2026 payment date

![](ex9901_029.jpg)

TOYOTA FINANCIAL SERVICES 29 Source: Company Reports as of December 31, 2025 Managed Portfolio – Lease Outstanding and Performance\* \*Excludes contracts purchased by a subsidiary of TMCC in Puerto Rico and the private label business, and includes contracts t hat have been sold but are still being serviced by TMCC.

![](ex9901_030.jpg)

TOYOTA FINANCIAL SERVICES 30 Managed Portfolio – Lease Cumulative Net Losses by Vintage Source : Company Reports as of December 31 , 2025

![](ex9901_031.jpg)

TOYOTA FINANCIAL SERVICES 31 Managed Portfolio - Lease Origination Characteristics \*Percentages may not add to 100% due to rounding. Source: Company Reports as of December 31, 2025. Includes leases for Toyota and Lexus brands only

![](ex9901_032.jpg)

TOYOTA FINANCIAL SERVICES 32 ABS - TLOT Characteristics \*Percentages may not add to 100% due to rounding. Source: Company Reports

![](ex9901_033.jpg)

TOYOTA FINANCIAL SERVICES 33 Source : Company Reports as of January 2026 payment date ABS - TLOT Performance

![](ex9901_034.jpg)

TOYOTA FINANCIAL SERVICES 34 Appendix

![](ex9901_035.jpg)

TOYOTA FINANCIAL SERVICES 35 TMCC Financial Performance (1) Percentage of gross earning assets. (2) The quotient of allowance for credit losses divided by the sum of gross finance receivables (finance receivables before allow anc e for credit losses). Source : TMCC December 31, 2025 10 - Q Consolidated Income Statement (USD millions) 2024 2025 Total Financing Revenues 9,874 10,156 less: Interest Expense and Depreciation 7,502 7,359 add: Other Income 1,620 1,947 Net Financing Revenues and Other 3,992 4,744 Net Income 1,215 1,896 Credit Performance 2024 2025 Over 60 Days Delinquent (1) Retail 0.71% 0.70% Lease 0.49% 0.42% Allowance for Credit Losses (1) (2) 1.56% 1.44% 2024 2025 Net Credit Losses (1) 0.71% 0.66% Nine Months Ended, Dec 31 December 31, Nine Months Ended, Dec 31

![](ex9901_036.jpg)

TOYOTA FINANCIAL SERVICES 36 Credit Support Agreement TFSC Credit Support Agreement Securities (1) issued by TMCC (and various other TFSC subsidiaries) have the benefit of a credit support agreement with TFSC • TFSC will own 100% of TMCC • TFSC will cause TMCC to maintain a tangible net worth of at least $100,000 as long as covered securities are outstanding • If TMCC determines it will be unable to meet its payment obligations on any securities, TFSC will make sufficient funds avail abl e to TMCC to ensure that all such payment obligations are paid as due • Agreement cannot be terminated until (1) repayment of all outstanding securities or (2) each rating agency requested by Toyot a t o provide a rating has confirmed no change in rating of all such securities TMC Credit Support Agreement TFSC in turn has the benefit of a credit support agreement with TMC • Same key features as TFSC/TMCC credit support agreement • TMC will cause TFSC to maintain a tangible net worth of at least JPY10mm as long as covered securities are outstanding TFSC's and/or TMC's credit support obligations will rank pari passu with all other senior unsecured debt obligations (1) "Securities" defined as outstanding bonds, debentures, notes and other investment securities and commercial paper, but does n ot include asset - backed securities issued by TMCC's securitization trusts.

![](ex9901_037.jpg)

TOYOTA FINANCIAL SERVICES 37 Managed Portfolio - Retail Loan Origination Profile (1) Percentages may not add to 100% due to rounding. Source: Company Reports as of December 31, 2025 Original Summary Characteristics by Vintage Origination Year: 2021 2022 2023 2024 2025 Number of Pool Assets 1,053,629 1,043,884 1,034,754 958,631 890,014 Original Pool Balance $34,544,936,474 $36,849,953,504 $36,701,259,863 $35,329,565,224 $34,747,515,091 Average Initial Loan Balance $32,787 $35,301 $35,469 $36,854 $39,042 Weighted Average Interest Rate 4.91% 5.59% 7.71% 7.25% 6.44% Weighted Average Original Term 72 Months 70 Months 70 Months 69 Months 69 Months Weighted Average FICO 726 732 742 750 747 Minimum FICO 395 397 392 413 400 Maximum FICO 897 898 899 900 900 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate original principal balance: State 1 CA - 23.2% CA - 23.0% CA - 21.1% CA - 20.1% CA - 20.8% State 2 TX - 15.6% TX - 16.2% TX - 15.3% TX - 17.3% TX - 18.2% State 3 NY - 4.2% NY - 4.4% NY - 4.6% NY - 4.2% NY - 4.0% State 4 VA - 4.1% MD - 3.8% VA - 3.7% IL - 3.6% AZ - 3.6% State 5 MD - 3.9% PA - 3.7% MD - 3.5% VA - 3.6% IL - 3.5% Distribution of Receivables by Contract Rate: (1) Less than 2.0% 16.3% 5.9% 0.5% 2.0% 3.5% 2.0% - 3.99% 28.0% 32.8% 6.7% 6.6% 11.7% 4.0% - 5.99% 29.7% 27.4% 32.2% 40.4% 45.3% 6.0% - 7.99% 13.2% 15.9% 19.9% 16.2% 14.7% 8.0% - 9.99% 5.4% 9.6% 22.5% 16.8% 11.5% 10.0% - 11.99% 2.4% 3.8% 10.5% 9.9% 7.4% 12.0% - 13.99% 1.6% 1.6% 3.9% 4.2% 2.8% 14.0% - 15.99% 1.2% 0.9% 1.4% 1.5% 1.1% 16.0% and greater 2.1% 2.0% 2.3% 2.3% 2.0% Total 100.00% 100.00% 100.00% 100.00% 100.00% Share of Original Assets: Percentage of Non-Toyota/Non-Lexus 8.2% 7.3% 4.8% 2.5% 2.0% Percentage of 75+ Month Term 29.1% 19.1% 22.4% 16.4% 12.5% Percentage of Used Vehicles 36.5% 34.3% 31.0% 25.4% 20.8% Percentage of New Vehicles 63.5% 65.7% 69.0% 74.6% 79.2%

![](ex9901_038.jpg)

TOYOTA FINANCIAL SERVICES 38 Managed Portfolio – Retail Loan Performance (1) The historical delinquency data reported in this table includes all retail vehicle installment sales contracts purchased by TMCC, excluding those purchased by a subsidiary of TMCC operating in Puerto Rico. Includes contracts that have been sold but are still being serviced by TMCC. Excludes private label. (2) Number of contracts outstanding at end of period. (3) The period of delinquency is based on the number of days payments are contractually past due. A payment is deemed to be pas t due if less than 90% of such payment is made. Source: Company Reports 2025 2024 2025 2024 2023 2022 2021 Outstanding Contracts (2) 3,332,146 3,501,497 3,455,749 3,514,336 3,382,927 3,267,466 3,237,181 - - Number of Accounts Past Due in the following categories 30 - 59 days 58,109 68,508 56,332 62,787 50,632 40,744 27,476 60 - 89 days 19,386 20,123 16,417 18,023 15,348 10,731 7,223 Over 89 days 16,458 18,239 15,194 16,806 14,344 10,389 8,500 - - Delinquencies as a Percentage of Contracts Outstanding (3) 30 - 59 days 1.74% 1.96% 1.63% 1.79% 1.50% 1.25% 0.85% 60 - 89 days 0.58% 0.57% 0.48% 0.51% 0.45% 0.33% 0.22% Over 89 days 0.49% 0.52% 0.44% 0.48% 0.42% 0.32% 0.26% TMCC Retail Loan Delinquency Experience (1) At March 31, At December 31,

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TOYOTA FINANCIAL SERVICES 39 Managed Portfolio – Retail Loan Performance (1) The net loss and repossession data reported in this table includes all retail installments sales contracts purchased by T MCC , excluding those purchased by a subsidiary of TMCC in Puerto Rico. Includes contracts that have been sold but are still bei ng serviced by TMCC. Excludes private label. (2) Principal Balance Outstanding includes payoff amount for simple interest contracts and net principal balance for actuaria l c ontracts. Actuarial contracts do not comprise any of the Receivables. (3) Average of the principal balance or number of contracts outstanding as of the beginning and end of the indicated periods. (4) Includes bankrupt repossessions but excludes bankruptcies. (5) Amount charged off is the principal balance, including earned but not yet received finance charges, repossession expenses an d unpaid extension fees, less any proceeds from the liquidation of the related vehicle. Also includes dealer reserve charge - offs . (6) Includes all recoveries from post - disposition monies received on previously charged - off contracts including any proceeds fro m the liquidation of the related vehicle after the related charge - off. Also includes recoveries for dealer reserve charge - offs and dealer reserve chargebacks. (7) Annualized. Source : Company Reports 2025 2024 2025 2024 2023 2022 2021 Principal Balance Outstanding (2) $76,364,517 $77,998,682 $76,559,747 $78,003,407 $72,573,179 $67,146,402 $62,833,053 Average Principal Balance Outstanding (3) $76,462,132 $78,001,045 $77,281,577 $75,288,293 $69,859,790 $64,989,727 $59,549,471 Number of Contracts Outstanding 3,332,146 3,501,497 3,455,749 3,514,336 3,382,927 3,267,466 3,237,181 Average Number of Contracts Outstanding (3) 3,393,948 3,507,917 3,485,043 3,448,632 3,325,197 3,252,324 3,189,662 Number of Repossessions (4) 41,792 45,551 60,440 52,499 35,962 28,180 28,423 Number of Repossessions as a Percent of the Number of Contracts Outstanding 1.67% (7) 1.73% (7) 1.75% 1.49% 1.06% 0.86% 0.88% Number of Repossessions as a Percent of the Average Number of Contracts Outstanding 1.64% (7) 1.73% (7) 1.73% 1.52% 1.08% 0.87% 0.89% Gross Charge-Offs (5) $572,725 $608,572 $806,371 $710,294 $495,938 $222,023 $278,833 Recoveries (6) $108,931 $88,683 $121,371 $96,200 $58,752 $54,989 $47,917 Net Losses $463,794 $519,889 $685,000 $614,094 $437,186 $167,034 $230,916 Net Losses as a Percentage of Principal Balance Outstanding 0.81% (7) 0.89% (7) 0.89% 0.79% 0.60% 0.25% 0.37% Net Losses as a Percentage of Average Principal Balance Outstanding 0.81% (7) 0.89% (7) 0.89% 0.82% 0.63% 0.26% 0.39% For the Nine Months Ended December 31, TMCC Managed Portfolio Net Loss and Repossession Experience (dollars in thousands) (1) For the Fiscal Years Ended March 31,

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TOYOTA FINANCIAL SERVICES 40 Source : Company Reports ABS – TAOT Collateral History Original Summary Characteristics by Prior Securitization: TAOT 2023-A TAOT 2023-B TAOT 2023-C TAOT 2023-D TAOT 2024-A TAOT 2024-B TAOT 2024-C TAOT 2024-D TAOT 2025-A TAOT 2025-B TAOT 2025-C TAOT 2025-D TAOT 2026-A Number of Pool Assets 69,360 67,500 65,736 65,406 71,726 70,254 68,850 69,385 69,132 69,955 68,875 67,803 65,867 Initial Pool Balance $1,813,667,857.76 $1,795,999,450.37 $1,781,678,265.26 $1,774,239,151.48 $1,908,468,799.65 $1,876,256,589.10 $1,864,834,545.38 $1,841,920,697.79 $1,977,161,496.74 $1,988,794,756.78 $2,001,858,571.86 $1,998,775,629.52 $1,995,353,675.63 Average Principal Balance $26,148.61 $26,607.40 $27,103.54 $27,126.55 $26,607.77 $26,706.76 $27,085.47 $26,546.38 $28,599.80 $28,429.63 $29,065.10 $29,479.16 $30,293.68 Weighted Average Interest Rate 3.64% 4.05% 4.64% 5.10% 5.37% 5.70% 6.04% 5.96% 6.00% 6.05% 5.85% 5.72% 5.68% Weighted Average Original Term 66 66 66 66 66 66 65 65 66 66 66 66 66 Weighted Average Remaining Term 56 55 55 55 55 55 54 53 54 54 55 55 55 Weighted Average FICO 766 765 766 767 767 768 769 770 769 769 770 771 771 Minimum FICO 620 620 620 620 620 620 620 620 620 620 620 620 620 Maximum FICO 900 900 900 900 900 900 900 900 900 900 900 900 900 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate Initial principal balance: 900 State 1 CA – 26.46% CA – 25.24% CA – 23.59% CA – 21.26% CA – 19.62% CA – 17.43% CA – 16.32% TX – 17.31% CA – 19.63% CA – 20.94% CA – 21.86% CA – 22.86% CA – 23.84% State 2 TX – 13.30% TX – 14.61% TX – 14.89% TX – 15.28% TX – 16.00% TX – 16.09% TX – 16.21% CA – 15.58% TX – 16.64% TX – 16.76% TX – 15.80% TX – 15.88% TX – 16.66% State 3 PA – 4.35% IL – 4.15% PA – 4.03% PA – 4.12% PA – 4.24% PA – 4.30% PA – 4.58% PA – 4.55% PA – 4.20% IL – 4.01% IL – 3.92% IL – 3.85% IL – 3.82% State 4 Il – 4.00% PA – 4.12% IL – 3.91% IL – 4.05% IL – 4.03% IL – 4.05% IL – 4.04% IL – 4.37% IL – 3.89% PA – 4.00% PA – 3.68% AZ – 3.49% AZ – 3.51% State 5 NJ – 3.81% MD – 3.62% NJ – 3.62% MD – 3.79% VA – 3.98% VA – 4.00% VA – 4.00% VA – 4.00% VA – 3.69% VA – 3.62% AZ – 3.30% PA – 3.47% PA – 3.44% Distribution of Receivables by Contract Rate: (1) MD – 3.62% VA – 3.62% AZ – 3.49% Less than 2.0% 19.25% 18.44% 8.28% 5.80% 4.46% 3.10% 2.09% 2.99% 3.69% 4.13% 3.96% 4.39% 4.25% 2.0% - 3.99% 51.68% 46.97% 35.43% 28.07% 22.76% 17.46% 16.27% 14.64% 11.11% 11.08% 15.08% 17.08% 17.43% 4.0% - 5.99% 19.58% 21.51% 39.42% 44.55% 47.92% 49.23% 44.54% 48.37% 52.79% 50.94% 51.16% 50.63% 51.14% 6.0% - 7.99% 6.18% 8.40% 9.22% 12.20% 14.63% 18.01% 19.44% 18.57% 16.74% 18.20% 16.21% 15.87% 15.89% 8.0% - 9.99% 2.01% 2.96% 5.14% 6.13% 6.92% 8.87% 12.56% 10.96% 10.86% 9.82% 8.58% 7.43% 6.81% 10.0% - 11.99% 0.75% 1.02% 1.53% 2.10% 2.23% 2.27% 3.38% 2.88% 3.24% 3.78% 3.24% 3.03% 3.03% 12.0% - 13.99% 0.37% 0.40% 0.59% 0.68% 0.68% 0.67% 1.09% 1.02% 0.95% 1.28% 1.11% 1.03% 0.88% 14.0% - 15.99% 0.14% 0.20% 0.26% 0.27% 0.23% 0.23% 0.37% 0.36% 0.32% 0.44% 0.37% 0.31% 0.32% 16.0% and greater 0.04% 0.10% 0.14% 0.20% 0.18% 0.17% 0.26% 0.21% 0.30% 0.33% 0.29% 0.23% 0.25% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Distribution of Receivables by Vehicle Type: (1) Passenger Cars 28.21% 28.55% 27.88% 27.91% 27.96% 26.81% 24.25% 24.85% 26.57% 27.45% 27.20% 27.04% 27.00% Light Duty Trucks 13.51% 16.86% 18.50% 18.15% 17.84% 18.22% 18.61% 18.78% 19.20% 20.34% 22.88% 25.78% 26.93% SUVs 6.50% 6.09% 6.28% 6.13% 6.35% 6.93% 7.51% 6.88% 6.88% 7.33% 5.86% 5.28% 5.51% CUVs 51.78% 48.50% 47.34% 47.82% 47.86% 48.04% 49.64% 49.49% 47.35% 44.87% 44.06% 41.90% 40.56% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Distribution of Receivables by Make: (1) Toyota and Scion 80.01% 81.72% 82.91% 81.44% 81.45% 81.41% 79.01% 81.19% 83.31% 82.60% 82.83% 82.04% 82.08% Lexus 19.99% 18.28% 17.09% 18.56% 18.55% 18.59% 20.99% 18.81% 16.69% 17.40% 17.17% 17.96% 17.92% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Share of Original Assets: Percentage with Original Scheduled Payments > 60 months 63.10% 62.35% 63.31% 62.61% 62.19% 62.98% 60.99% 59.38% 60.58% 60.23% 60.02% 60.13% 59.98% Percentage of Used Vehicles 20.94% 18.72% 18.75% 17.38% 15.82% 13.38% 13.04% 9.97% 9.00% 12.04% 12.04% 12.03% 12.04% (1) Percentages may not add to 100.00% due to rounding.

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TOYOTA FINANCIAL SERVICES 41 Original Summary Characteristics by Vintage Origination Year: 2021 2022 2023 2024 2025 Number of Pool Assets 383,011 184,817 215,589 306,146 312,267 Original Pool Balance $14,903,774,629 $7,419,017,197 $9,461,838,737 $13,656,752,866 $14,092,954,664 Average Initial Lease Balance $38,912 $40,143 $43,888 $44,609 $45,131 Weighted Average Original Term 37 37 37 36 37 Weighted Average FICO 748 744 749 757 752 Minimum FICO 369 426 417 396 420 Maximum FICO 900 900 900 900 900 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate Net Capital Cost: State 1 CA - 22.0% CA - 20.2% CA - 23.1% CA - 26.1% CA - 25.9% State 2 NY - 11.5% NY - 11.% TX - 12.2% TX - 10.8% TX - 10.0% State 3 NJ - 7.3% TX - 8.4% NY - 9.3% NY - 8.8% NY - 8.% State 4 FL - 8.6% FL - 8.3% FL - 7.6% FL - 6.5% FL - 6.2% State 5 TX - 6.9% NJ - 7.6% NJ - 6.2% NJ - 5.6% NJ - 5.2% Distribution of Receivables by Vehicle Type: (1) Passenger Cars 25.9% 23.7% 18.7% 18.5% 18.8% Light Duty Trucks 10.8% 15.3% 20.3% 21.8% 27.0% SUVs 8.0% 8.9% 10.7% 9.2% 8.4% CUVs 55.3% 52.2% 50.4% 50.5% 45.8% Total 100.00% 100.00% 100.00% 100.00% 100.00% Distribution of Receivables by Make: (1) Toyota 58.8% 62.5% 60.3% 63.7% 65.7% Lexus 41.2% 37.5% 39.7% 36.3% 34.3% Total 100.00% 100.00% 100.00% 100.00% 100.00% Managed Portfolio - Lease Origination Profile (1) Percentages may not add to 100% due to rounding. Source: Company Reports as of December 31, 2025

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TOYOTA FINANCIAL SERVICES 42 Managed Portfolio – Lease Performance (1) Data presented in the table is based upon lease units for Toyota and Lexus vehicles. Excludes contracts purchased by a subsi dia ry of TMCC in Puerto Rico and the private label business. (2) Number of contracts outstanding at end of period. Excludes private label. (3) The period of delinquency is based on the number of days payments are contractually past due. A payment is deemed to be pa st due if less than 90% of such payment is made. Source: Company Reports 2025 2024 2025 2024 2023 2022 2021 Outstanding Contracts (2) 714,815 648,786 654,476 672,664 813,606 1,057,438 1,248,019 Number of Accounts Past Due in the following categories 30 - 59 days 5,352 7,154 5,814 7,952 7,589 7,421 6,356 60 - 89 days 1,860 2,146 1,668 2,235 2,198 1,777 1,615 Over 89 days 1,342 1,656 1,261 1,708 1,691 1,287 1,100 Delinquencies as a Percentage of Contracts Outstanding (3) 30 - 59 days 0.75% 1.10% 0.89% 1.18% 0.93% 0.70% 0.51% 60 - 89 days 0.26% 0.33% 0.25% 0.33% 0.27% 0.17% 0.13% Over 89 days 0.19% 0.26% 0.19% 0.25% 0.21% 0.12% 0.09% TMCC Lease Delinquency Experience (1) At December 31, At March 31,

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TOYOTA FINANCIAL SERVICES 43 Managed Portfolio – Lease Performance (1) Includes contracts that are sold but still serviced by TMCC, but excludes those contracts purchased by a subsidiary of TM CC in Puerto Rico and the private label business. (2) Outstanding balance is equal to the net book value of the related Lease. (3) Averages are computed by taking an average of the month end outstanding amounts for each period presented. (4) Includes bankrupt repossessions but excludes bankruptcies. (5) Amount charged off is the net remaining principal balance, including earned but not yet received finance charges, reposse ssi on expenses and unpaid extension fees, less any proceeds from the liquidation of the related vehicle. Also includes dealer re ser ve charge - offs. (6) Includes all recoveries from post - disposition monies received on previously charged - off contracts including any proceeds fro m the liquidation of the related vehicle after the related charge - off. Also includes recoveries for dealer reserve charge - offs and dealer reserve chargebacks. (7) Amounts are annualized to reflect the average number of repo units sold and the average amount of lease contracts as a pe rce ntage of the total outstanding portfolio. (8) Represents total charge - offs less recoveries. Source : Company Reports 2025 2024 2025 2024 2023 2022 2021 Lease Contracts Outstanding ($) (2) $27,335,527 $23,912,460 $24,501,417 $22,714,668 $25,245,328 $32,383,470 $37,225,686 Average Lease Contracts Outstanding ($) $26,239,575 $23,169,803 $23,244,285 $23,690,962 $28,145,158 $35,446,715 $37,593,542 Number of Lease Contracts Outstanding (Units) 714,815 648,786 654,476 672,664 813,606 1,057,438 1,248,110 Average Number of Lease Contracts Outstanding (Units) (3) 689,422 649,736 650,210 734,641 914,831 1,162,957 1,290,643 Number of Repossessions Sold (Units) (4) 2,778 2,835 3,712 3,148 2,377 2,656 4,454 Number of Repossessions Sold as a Percent of the Average Number of Lease Contracts Outstanding (7) 0.54% 0.58% 0.57% 0.43% 0.26% 0.23% 0.35% Charge-Offs ($) (5) $81,608 $70,460 $96,723 $66,000 $42,578 $8,914 $74,646 Charge-Offs (Units) 9,080 9,068 12,530 12,690 13,263 16,223 19,121 Recoveries ($) (6) $22,663 $26,696 $34,750 $37,916 $22,415 $22,291 $27,503 Net (Gains)/Losses ($) (8) $58,945 $43,763 $61,973 $28,085 $20,163 ($13,377) $47,143 Net (Gains)/Losses as a Percentage of Average Dollar Amount of Lease Contracts Outstanding (7) 0.30% 0.25% 0.27% 0.12% 0.07% -0.04% 0.13% TMCC Managed Portfolio Net Loss and Repossession Experience (dollars in thousands) (1) For the 9 Months Ended For the Fiscal Years Ended December 31, March 31,

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TOYOTA FINANCIAL SERVICES 44 TMCC Managed Lease Portfolio Residual Loss Experience - Aggregate Portfolio (1)(2) (1) The residual value loss data reported in this table includes all lease contracts purchased by TMCC or the Titling Trust w ith FICO® scores of at least 620 and original terms between 24 and 48 months, excluding full Battery Electric and Hydrogen Fuel C el l Vehicles. The residual value loss data reported in this table also includes lease contracts that have been sold but are st ill being serviced by TMCC. (2) For purposes of this table, the "ALG Residual" for each leased vehicle is equal to the related residual value estimate pr odu ced by Automotive Lease Guide at the time of origination of the related lease with average condition and standard mileage (15 ,00 0 miles/year) or, if such estimate is unavailable, the related Contract Residual Value. (3) Excludes repossessions, charge - offs, and vehicles in inventory, but includes early terminations. (4) Includes all vehicles terminating at scheduled maturity, terminating past scheduled maturity and terminating within 30 da ys prior to scheduled maturity. (5) Residual gain/(loss) is net of remarketing expenses, and excess wear and tear and excess mileage collections. (6) Adjusted MSRP includes value added vehicle adjustments. Source : Company Reports 2025 2024 2023 2022 2021 Total Number of Vehicles Scheduled to Terminate 162,332 356,692 350,193 437,299 457,424 Total ALG Residuals on Vehicles Scheduled to Terminate $3,653,009,165 $7,801,363,905 $7,363,424,470 $8,896,586,604 $8,737,441,059 Number of Vehicles Returned to TMCC (3) 3,594 9,052 7,612 9,957 48,928 Number of Vehicles Going to Full Term (4) 62,265 184,608 179,346 226,239 239,805 Vehicles Returned to TMCC Ratio 2.2% 2.5% 2.2% 2.3% 10.7% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $13,373,327 $34,667,239 $25,295,467 $32,343,712 $175,801,687 Average Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $3,721 $3,830 $3,323 $3,248 $3,593 Total ALG Residuals on Vehicles Returned to TMCC $96,616,549 $209,967,363 $157,066,406 $191,747,920 $998,130,527 Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Returned Vehicles sold by TMCC 13.8% 16.5% 16.1% 16.9% 17.6% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Vehicles Scheduled to Terminate 0.4% 0.4% 0.3% 0.4% 2.0% Average Contract Residual Value as a Percentage of Adjusted MSRP (6) 61.9% 61.2% 58.3% 57.5% 56.2% Average ALG Residual as a Percentage of Adjusted MSRP (6) 54.8% 54.8% 52.1% 51.6% 50.6% Percentage Difference 7.1% 6.4% 6.2% 5.9% 5.5% For the Calendar Years Ended December 31,

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TOYOTA FINANCIAL SERVICES 45 TMCC Managed Lease Portfolio Residual Loss Experience – By Make (1)(2) (1) The residual value loss data reported in this table includes all lease contracts purchased by TMCC or the Titling Trust w ith FICO® scores of at least 620 and original terms between 24 and 48 months, excluding full Battery Electric and Hydrogen Fuel C el l Vehicles. The residual value loss data reported in this table also includes lease contracts that have been sold but are st ill being serviced by TMCC. (2) For purposes of this table, the "ALG Residual" for each leased vehicle is equal to the related residual value estimate pr odu ced by Automotive Lease Guide at the time of origination of the related lease with average condition and standard mileage (15 ,00 0 miles/year) or, if such estimate is unavailable, the related Contract Residual Value. (3) Excludes repossessions, charge - offs, and vehicles in inventory, but includes early terminations. (4) Includes all vehicles terminating at scheduled maturity, terminating past scheduled maturity and terminating within 30 da ys prior to scheduled maturity. (5) Residual gain/(loss) is net of remarketing expenses, and excess wear and tear and excess mileage collections. (6) Adjusted MSRP includes value added vehicle adjustments. Source : Company Reports 2025 2024 2023 2022 2021 Total Number of Vehicles Scheduled to Terminate 104,183 239,876 204,901 276,901 315,164 Total ALG Residuals on Vehicles Scheduled to Terminate $2,234,228,155 $4,941,367,390 $3,824,287,250 $5,030,480,592 $5,319,868,866 Number of Vehicles Returned to TMCC (3) 2,503 6,497 4,947 7,186 24,621 Number of Vehicles Going to Full Term (4) 42,016 125,959 104,922 144,230 168,826 Vehicles Returned to TMCC Ratio 2.4% 2.7% 2.4% 2.6% 7.8% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $7,421,070 $21,709,239 $15,145,174 $21,024,982 $65,231,818 Average Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $2,965 $3,341 $3,061 $2,926 $2,649 Total ALG Residuals on Vehicles Returned to TMCC $68,672,136 $145,588,642 $92,185,706 $125,469,610 $418,396,597 Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Returned Vehicles sold by TMCC 10.8% 14.9% 16.4% 16.8% 15.6% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Vehicles Scheduled to Terminate 0.3% 0.4% 0.4% 0.4% 1.2% Average Contract Residual Value as a Percentage of Adjusted MSRP (6) 65.7% 65.8% 63.4% 61.8% 58.5% Average ALG Residual as a Percentage of Adjusted MSRP (6) 58.9% 58.5% 56.2% 55.6% 53.4% Percentage Difference 6.8% 7.3% 7.2% 6.3% 5.1% Toyota For the Calendar Years Ended December 31,

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TOYOTA FINANCIAL SERVICES 46 TMCC Managed Lease Portfolio Residual Loss Experience – By Make (1)(2) (1) The residual value loss data reported in this table includes all lease contracts purchased by TMCC or the Titling Trust w ith FICO® scores of at least 620 and original terms between 24 and 48 months, excluding full Battery Electric and Hydrogen Fuel C el l Vehicles. The residual value loss data reported in this table also includes lease contracts that have been sold but are st ill being serviced by TMCC. (2) For purposes of this table, the "ALG Residual" for each leased vehicle is equal to the related residual value estimate pr odu ced by Automotive Lease Guide at the time of origination of the related lease with average condition and standard mileage (15 ,00 0 miles/year) or, if such estimate is unavailable, the related Contract Residual Value. (3) Excludes repossessions, charge - offs, and vehicles in inventory, but includes early terminations. (4) Includes all vehicles terminating at scheduled maturity, terminating past scheduled maturity and terminating within 30 da ys prior to scheduled maturity. (5) Residual gain/(loss) is net of remarketing expenses, and excess wear and tear and excess mileage collections. (6) Adjusted MSRP includes value added vehicle adjustments. Source : Company Reports 2025 2024 2023 2022 2021 Total Number of Vehicles Scheduled to Terminate 58,149 116,816 145,292 160,398 142,260 Total ALG Residuals on Vehicles Scheduled to Terminate $1,418,781,010 $2,859,996,515 $3,539,137,220 $3,866,106,012 $3,417,572,193 Number of Vehicles Returned to TMCC (3) 1,091 2,555 2,665 2,771 24,307 Number of Vehicles Going to Full Term (4) 20,249 58,649 74,424 82,009 70,979 Vehicles Returned to TMCC Ratio 1.9% 2.2% 1.8% 1.7% 17.1% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $5,952,257 $12,958,000 $10,150,292 $11,318,730 $110,569,869 Average Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC (5) $5,456 $5,072 $3,809 $4,085 $4,549 Total ALG Residuals on Vehicles Returned to TMCC $27,944,413 $64,378,721 $64,880,700 $66,278,310 $579,733,929 Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Returned Vehicles sold by TMCC 21.3% 20.1% 15.6% 17.1% 19.1% Total Gain/(Loss) on ALG Residuals on Vehicles Returned to TMCC as a Percentage of ALG Residuals of Vehicles Scheduled to Terminate 0.4% 0.4% 0.3% 0.3% 3.2% Average Contract Residual Value as a Percentage of Adjusted MSRP (6) 57.0% 54.6% 53.5% 52.7% 53.0% Average ALG Residual as a Percentage of Adjusted MSRP (6) 49.5% 49.6% 48.3% 47.3% 46.9% Percentage Difference 7.5% 5.0% 5.3% 5.4% 6.1% Lexus For the Calendar Years Ended December 31,

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TOYOTA FINANCIAL SERVICES 47 (1) Percentages may not add to 100% due to rounding. Source : Company Reports ABS – TLOT Collateral History Original Summary Characteristics by Prior Securitization: TLOT 2021-A TLOT 2021-B TLOT 2022-A TLOT 2023-A TLOT 2023-B TLOT 2024-A TLOT 2024-B TLOT 2025-A TLOT 2025-B Number of Specified Leases 51,807 52,975 42,773 47,881 37,154 44,088 47,787 49,982 45,783 Aggregate Securitization Value $1,492,537,313.75 $1,552,238,806.88 $1,301,865,323.91 $1,432,914,189.44 $1,194,054,920.63 $1,432,844,945.60 $1,671,641,801.36 $1,791,047,839.70 $1,671,641,791.82 Total of Base Residual Values $1,006,870,109.91 $1,074,733,012.67 $893,980,936.98 $1,039,869,534.36 $853,944,137.03 $974,673,550.99 $1,128,283,868.71 $1,217,492,164.75 $1,151,058,777.34 Base Residual as a Percentage of Aggregate Securitization Value 67.5% 69.2% 68.7% 72.6% 71.5% 68.0% 67.5% 68.0% 68.9% Average Securitization Value $28,809.57 $29,301.35 $30,436.61 $29,926.57 $32,137.99 $32,499.66 $34,981.10 $35,833.86 $36,512.28 Average Base Residual Value $19,435.02 $20,287.55 $20,900.59 $21,717.79 $22,983.91 $22,107.46 $23,610.69 $24,358.61 $25,141.62 Original Number of Monthly Payments 38 38 38 37 38 37 37 36 38 Remaining Number of Monthly Payments 28 27 28 27 28 26 27 27 29 Weighted Average FICO 773 772 772 772 771 771 773 772 774 Minimum FICO 620 620 620 620 620 620 620 620 620 Maximum FICO 900 900 900 900 900 900 900 900 900 Geographic Distribution of Receivables representing the 5 states with the greatest aggregate securitization value: State 1 CA – 19.3% CA – 19.8% CA – 20.0% CA – 19.4% CA – 18.8% CA – 18.6% CA – 19.9% CA – 20.6% CA – 21.5% State 2 NY – 11.7% NY – 11.9% NY – 11.3% NY – 13.6% NY – 11.8% TX – 13.4% TX – 13.6% TX – 13.4% NY – 13.7% State 3 FL – 8.8% FL – 9.1% FL – 10.6% TX – 9.0% TX – 10.5% NY – 11.3% NY – 10.6% NY – 10.4% NJ – 8.4% State 4 NJ – 8.1% NJ – 7.9% TX – 7.8% FL – 8.3% FL – 9.9% FL – 7.5% FL – 8.6% FL – 7.9% MA – 6.9% State 5 TX – 7.9% TX – 7.4% NJ – 7.6% NJ – 8.1% NJ – 7.3% NJ – 7.1% NJ – 6.6% NJ – 6.2% TX – 6.4% Distribution of Receivables by Vehicle Type: (1) Passenger Cars 31.1% 29.5% 29.5% 25.4% 21.6% 26.5% 23.9% 22.4% 20.2% Light Duty Trucks 4.8% 6.3% 6.1% 10.2% 14.9% 11.5% 11.7% 13.2% 16.3% SUVs 8.5% 9.1% 7.5% 8.8% 8.3% 9.6% 12.7% 11.7% 8.8% CUVs 55.6% 55.0% 57.0% 55.6% 55.3% 52.3% 51.7% 52.7% 54.7% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Distribution of Receivables by Make: (1) Toyota 49.6% 51.0% 47.9% 60.0% 55.4% 60.4% 55.8% 59.4% 53.9% Lexus 50.4% 49.0% 52.1% 40.0% 44.6% 39.6% 44.3% 40.6% 46.1% Total 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

## Exhibit 99.2

**Exhibit 99.2**

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Toyota Business Highlights Q3 FY2026 TOYOTA MOTOR NORTH AMERICA, INC. (Toyota U.S.) MONTHLY RESULTS • The U . S . automobile SAAR figure for January 2026 came in at 14 . 9 M units, down from January 2025 at 15 . 6 M units . • Toyota U . S . reported January 2026 sales of 176 , 853 units, an increase of 4 . 0 % on a daily selling rate (DSR) basis and 8 . 1 % on a volume basis versus January 2025 . • Toyota division posted January 2026 sales of 150 , 886 units, an increase of 2 . 9 % on a DSR basis and 7 . 0 % on a volume basis versus January 2025 . • Lexus division posted January 2026 sales of 25 , 967 units, an increase of 10 . 4 % on a DSR basis and 14 . 8 % on a volume basis versus January 2025 . Source: Toyota, Bloomberg, Ward's Automotive Group Toyota U.S. monthly results include fleet sales volume TOYOTA MOTOR CORPORATION (TMC) FINANCIAL RESULTS ‡ "Other" consists of Central and South America, Oceania, Africa, Middle East and Other. Source: TMC company filings. \*Bar chart represents vehicles sales as % of Top 5 Models sales 0 50 100 150 200 250 300 6 11 16 21 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 Toyota U.S. Light Vehicle Sales (units in thousands) Seasonally Adjusted Annual Rate (units in millions) U.S. Light Vehicle Seasonally Adjusted Annual Rate (SAAR) and Toyota U.S. Sales January 2020 - January 2026 SAAR Toyota U.S. Sales 150,886 25,967 Toyota Division Lexus Division Toyota U.S. January 2026 Vehicle Sales Jan-26 Jan-25 Jan - 26 Jan - 25 RAV4 22,078 36,250 Camry 21,764 19,007 Tacoma 21,466 18,766 Corolla 19,420 17,341 4Runner 10,713 160 Toyota U.S. January Vehicles Sales Toyota Division Top 5 Models\* Jan-26 Jan-25 Jan-26 Jan-25 RX 8,348 6,521 NX 4,437 5,573 TX 3,778 1,928 GX 3,633 3,181 ES 1,723 2,273 Toyota U.S. January Vehicles Sales Lexus Division Top 5 Models\*

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TOYOTA MOTOR CREDIT CORPORATION (TMCC) FINANCIAL RESULTS • Our consolidated net income was $479 million for the third quarter of fiscal 2026, compared to $429 million for the same period in fiscal 2025. The increase in net income for the third quarter of fiscal 2026, compared to the same period in fiscal 2025, was primarily due to a $142 million increase in investment and other income, net, a $37 million increase in total financing revenues, a $31 million increase in voluntary protection contract revenues and insurance earned premiums, and a $29 million decrease in provision for credit losses, partially offset by a $93 million increase in depreciation on operating leases, a $34 million increase in interest expense, a $33 million increase in operating and administrative expense, and a $15 million increase in provision for income taxes. • We recorded a provision for credit losses of $152 million for the third quarter of fiscal 2026, compared to $181 million for the same period in fiscal 2025. The decrease in the provision for credit losses for the third quarter of fiscal 2026, compared to the same period in fiscal 2025, was due to a decrease in the size in our retail loan portfolio as well as improvements in delinquencies and a decrease in charge - offs. • Our net charge - offs as a percentage of average finance receivables for the first nine months of fiscal 2026 decreased to 0.66 percent from 0.71 percent for the same period in fiscal 2025. Our average finance receivables loss severity per unit for the first nine months of fiscal 2026 decreased to $13,506 from $14,081 in the same period in fiscal 2025. The decrease in net charge - offs and loss severity per unit is primarily due to a refinement of purchasing and collection activities as well as improvements in general macroeconomic conditions. 1 TMCC market share represents the percentage of total domestic Toyota U.S. sales of new Toyota and Lexus vehicles financed by us, excluding sales under dealer rental car and commercial fleet programs, sales of a private Toyota distributors and private label vehicles financed. SHORT - TERM FUNDING PROGRAMS • TMCC ‡ , Toyota Credit de Puerto Rico Corp . (TCPR), Toyota Credit Canada Inc . (TCCI)†, Toyota Finance Australia Limited (TFA)† and Toyota Motor Finance (Netherlands) B . V . (TMFNL)† maintain direct relationships with institutional commercial paper investors through TMCC's Sales & Trading team , providing each access to a variety of domestic and global markets through five, distinct 3 (a)(3) programs . • Short - term funding needs are met through the issuance of commercial paper in the U . S . Commercial paper outstanding under our commercial paper programs ranged from approximately $17 . 4 billion to $18 . 3 billion during the quarter ended December 31 , 2025 , with an average outstanding balance of $17 . 8 billion . † TCCI, TFA, and TMFNL are subsidiaries of Toyota Financial Services Corporation (TFSC), a wholly - owned subsidiary of Toyota Motor Corporation (TMC). TMCC is a wholly - owned subsidiary of Toyota Financial Service International Corporation (TFSIC), a wholly - own ed subsidiary of TFSC. ‡ TMCC consolidated financial liabilities include TMCC and its consolidated subsidiaries, which includes TCPR. LET'S GO PLACES Toyota Motor Corporation aims to begin introducing three models produced in the United States — the Camry sedan, Highlander SUV, and Tundra pickup truck — to the Japanese market from 2026. By selling these three popular American models in Japan, Toyota will b e able to meet the diverse needs of a broad range of customers, while also helping to improve Japan – U.S. trade relations. As part of preparations to introduce these models to Japan, Toyota will also make use of a new system being considered by the Ministry o f L and, Infrastructure, Transport and Tourism following bilateral negotiations. Forward looking statements are subject to risks and uncertainties that could cause actual results to fall short of current ex pec tations. Toyota and its affiliates discuss these risks and uncertainties in filings they make with the Securities and Exchan ge Commission. This presentation does not constitute an offer to purchase any securities. Any offer or sale of securities will be made only by means of a prospectus a nd related documentation . 52.6% 52.8% 45.0% 50.0% 55.0% 60.0% Q3 FY 2025 Q3 FY 2026 TMCC - Market Share 1 207 70 112 192 59 80 0 100 200 New Retail Contracts Used Retail Contracts Lease Contracts Units in Thousands TMCC - Vehicle Financing Volume Q3 FY 2025 Q3 FY 2026 17.5 18.0 72.9 68.2 35.5 36.6 $0 $20 $40 $60 $80 $100 $120 $140 Q3 FY 2025 Q3 FY 2026 Amount ($billions) TMCC Consolidated Financial Liabilities Outstanding (Face Value) Secured notes & loans payable Unsecured notes & loans payable Commercial Paper 0.62% 0.71% 0.66% 0.00% 0.25% 0.50% 0.75% Q3 FY2024 Q3 FY 2025 Q3 FY 2026 TMCC - Net Charge - offs as a Percentage of Average Finance Receivables 125 16 77 148 16 71 0 50 100 150 200 New Retail Contracts Used Retail Contracts Lease Contracts Units In Thousands TMCC - Toyota U.S. Contracts Subvened Q3 FY 2025 Q3 FY 2026