June 20, 2025

DOJ closes FCPA investigation into a Toyota Thai subsidiary

In a recent securities filing, Toyota Motor Corporation disclosed that the U.S. Department of Justice informed the company in June 2025 that the DOJ had closed its investigation into possible anti-bribery violations by a Toyota Thai subsidiary.  According to the Form 20-F, in April 2020 Toyota reported to the DOJ and the Securities and Exchange Commission “possible anti-bribery violations related to” the Thai subsidiary.  Toyota stated it had been cooperating with the DOJ and the SEC since that disclosure.  The Form 20-F did not discuss the status of the SEC’s investigation.

Form 20-F