Toyota Tsusho

Toyota Tsusho Corporation (豊田通商株式会社) is a sōgō shōsha (trading company) and a member of the Toyota Group based in Nagoya and Tokyo. Toyota Tsusho has a worldwide presence through its many subsidiaries and operating divisions, including over 150 offices and 900 subsidiaries and affiliates around the world. Its main business is supporting Toyota's automobile business and other Toyota Group companies, but Toyota Tsusho's business is very diverse, spanning industrial, commercial, and consumer sectors. Business areas run the gamut, including industrial raw materials, agricultural products, and high technology.

History

Toyota established Toyoda Kinyu Kaisha (トヨタ金融株式會社) in 1936 to provide sales financing for Toyota cars. The dissolution of the Toyota zaibatsu in 1948 led to the trading division of Toyota Finance being spun off to a new company called Nisshin Tsusho Kaisha, Ltd. (日新通商株式会社) This company was renamed "Toyoda Tsusho" in 1956.[1]

Toyota Tsusho began exports of Toyota cars in 1964, starting with exports to the Dominican Republic. By the 1980s it had expanded its business to include overseas production for the Toyota Group, and had established a second head office in Tokyo.[1]

Business sections

Toyota Tsusho's businesses are divided into 7 business sections:[7]

Metals: The Metals Division views steel and non-ferrous metals as products with unique properties and functions rather than simple commodities. This approach allows us to provide optimal products and logistics matching the needs of both suppliers and users. The Division is composed of multiple strategic business units (SBUs), all of which manage both steel and non-ferrous products. This ensures that each SBU can respond to customer needs with proposals covering multiple types of metal products.

Global Parts & Logistics: The Global Parts & Logistics Division's network spans 38 nations, with 177 sites operated by 79 overseas subsidiaries and business entities. It has approximately 14,000 members worldwide.

Automotive: The Automotive Division exports passenger cars, commercial vehicles, trucks, buses, material handling machineries, motorcycles, and spare parts manufactured primarily by the Toyota Group in Japan to countries around the world, and also exports products manufactured outside Japan to other countries. The Division's global network covers 146 nations, with the Division having its own business management operations in 48 nations. (Including the vehicle business of the Africa Division, this total becomes 175 nations worldwide, with the Division having its own business management operations in 87 nations.)

Machinery, Energy & Project: The Machinery, Energy & Project Division is engaged in the machinery and equipment business (primarily in the automotive industry), the construction equipment business, the electric power business, the energy business (natural gas, oil, and coal projects), and the plant business.

Chemicals & Electronics: The Chemicals & Electronics Division takes an integrated approach to its three main businesses: automotive materials, chemicals, and electronics.

Food & Consumer Services: The Food & Consumer Services Division is contributing to healthier, more prosperous ways of life through initiatives in its four core businesses: grain, food, insurance, and lifestyle.

Africa: For more than 90 years, Toyota Tsusho has striven to develop markets in Africa from a long-term perspective by growing with communities and their people through trade and investments. In 2012, Toyota Tsusho acquired a capital stake in the largest French trading company, CFAO; in December 2016, Toyota Tsusho made CFAO a wholly owned subsidiary, with the aim of accelerating its business initiatives in Africa. The Africa Division—the company's first division dedicated to a single region—was subsequently established in April 2017.

native name	豊田通商株式会社
native name lang	ja
romanized name	Toyota Tsūshō Kabushiki-gaisha
type	Public (K.K)
traded as	tyo: 8015
foundation	July 1, 1948
location	Nagoya and Tokyo, Japan
key people	Ichiro Kashitani, President
industry	Trading Companies
revenue	US$78.9 billion (2015)
operating income	US$1.55 billion (2015)
net income	US$616 million (2015)
num employees	53,241 (2015)
parent	Toyota Group
homepage	https://www.toyota-tsusho.com/

History

Business sections

Head Offices

Major subsidiaries and affiliates

See also

External links

References