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For The Record

February 10, 2009

Toyota: An article in Business on Saturday about Toyota Motor Corp.'s predicting its first annual loss since 1950 said the automaker's previous top executive, Katsuaki Watanabe, had been demoted to make way for current President Akio Toyoda. In fact, Watanabe was named vice chairman, a senior, nonexecutive position at the company.

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