Although Toyota President Nakajima confirmed the Celica's current status as under development, he didn't go into much further detail. The announcement occurred during a staged interaction with Toyota Motor Corporation Chairman, Akio Toyoda, at the Rally Japan event, where the two acted out some conversation and dialogue.

Toyoda deflected the question – asked by Best Car editor Jin Hongo – to his Executive Vice President Yuki Nakajima, who is understood to have responded with the following, which we've translated here with Google Translate.

A new report says that a company VP confirmed Toyota would be building a new version of the compact Celica sports car.

A Japanese magazine reported that a Toyota executive confirmed the automaker is working on reviving the beloved Celica.

Toyota has officially confirmed the return of the iconic Celica name.The news came from Toyota’s executive vice president Yuki Nakajima during a public event at Toyota Stadium in Japan, held alongside the World Rally Championship's Rally Japan event.

"I'm not sure if it's okay to say this in a public forum, but we're doing the Celica," one of the brand's executive vice presidents said over the weekend.