Girish Mahajan (Editor)

Toyota Group

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The Toyota Group (トヨタグループ, Toyota Gurūpu) is a group of companies that have supplier, vendor and investment relationships with Toyota Industries and Toyota Motor. It is similar to a keiretsu in that no particular entity has outright control over the entire group, although unlike most keiretsu it does not contain a major bank.

Contents

Major group companies

  • Toyota Industries (1926) – manufactures forklifts and other equipment
  • JTEKT (1935) – manufactures bearings and other components
  • Toyota Motor (1937) – manufactures automobiles
  • Toyota Auto Body (1940) – manufactures truck bodies; 100% owned by Toyota Motor
  • Aichi Steel (1940) – manufactures automotive steel; 30% owned by Toyota Industries and Toyota Motor
  • Toyota Motor East Japan – formed in 2012 by the merger of Kanto Auto Works (1945), Toyota Motors Tohoku and Central Motors
  • Toyota Tsusho (1946) – trading company (sogo shosha) supporting global operations of Toyota Group companies; 33% owned by Toyota Industries and Toyota Motor
  • Aisin Seiki (1949) – manufactures automotive components; 30% owned by Toyota Industries and Toyota Motor
  • Toyoda Gosei (1949) – manufactures automotive components; 43% owned by Toyota Motor
  • Denso (1949) – manufactures air conditioners and other automotive components
  • Toyota Boshoku (1918) – original Toyota company; manufactures filters, trim, liners and other automotive components
  • Towa Real Estate (1953) – commercial real estate developer in Nagoya area; holds stock in other Toyota Group companies as an anti-takeover measure
  • Toyota Central R&D Labs., Inc. (1960) – performs research and development for other Toyota Group companies
  • Daihatsu (1907) – manufactures compact automobiles; majority stake acquired by Toyota Motor in 1998
  • Toyota Financial Services (2000) – provider of automotive financing and credit cards
  • Toyota Communication Systems Co., Ltd. (2001) – IT system integrator; 100% owned by Toyota Motor
  • Hino Motors – manufacturer of diesel trucks and buses acquired by Toyota Motor in 2001
  • Toyofuji Shipping Co. – international shipping company for Toyota vehicles
  • Toyota Housing Corporation (2003) – residential construction
  • Red Entertainment - video game developer
  • Tenyo - toy manufacturer

    • Affiliates or partially owned subsidiaries

  • Tesla Motors – American electric vehicle maker, partnered with Toyota to create the second-generation Toyota RAV4 EV. (Toyota owns 10% of the company.)
  • Kyoho kai group – Auto parts company – 211 companies.
  • Kyouei kai group – Logistic/facility company – 123 companies.
  • Fuji Heavy Industries, Ltd., manufacturer of Subaru automobiles. (Toyota owns 16.5% of the company.)
  • Isuzu Motors Ltd. (Toyota owns 5.9% of the company.)
  • Misawa Homes Holdings, Inc. (Toyota owns 13.4% of the company.)
  • United Australian Automobile Industries (UAAI) – a joint venture between Toyota Australia and GM-Holden (1989 to 1996)
  • New United Motor Manufacturing, Inc. (NUMMI) – a joint venture between Toyota and General Motors (1984 to 2010)
  • Primearth EV Energy Co (PEVE) – a joint venture between Toyota and Panasonic (1996 to present)
  • Toyota Canada Inc. (TCI) – a joint venture between Toyota (51%) and Mitsui & Co. Ltd. (49%) (1964 to present)

    • References

    Toyota Group Wikipedia
    (Text) CC BY-SA