Toyota Group

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 vehicle manufacturing facilities. 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.

Major group companiesEdit

There are 17 major companies that make up the Toyota Group:

  • Toyota Industries (1926) – manufactures looms, spinners, forklifts, and other equipment
  • Toyota Motor (1937) – manufactures vehicles
  • Aichi Steel (1940) – manufactures automotive steel; 30% owned by Toyota Industries and Toyota Motor
  • JTEKT (2006) – manufactures machine tools, auto parts; formed by the merger of Koyo Seiko (1921) and Toyoda Machine Works (1941)
  • Toyota Auto Body (1945) – manufactures vehicles, parts and auto bodies; 100% owned by Toyota Motor
  • 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
  • Denso (1949) – manufactures automotive components; Toyota Motor owns 24.55%, Toyota Industries owns 8.74%
  • Toyota Boshoku (1918) – original Toyota company; manufactures auto parts and textiles
  • Towa Real Estate (1953) – commercial real estate developer in Nagoya area
  • Toyota Central R&D Labs., Inc. (1960) – performs research and development for other Toyota Group companies
  • Toyota Motor East Japan (2012) – manufactures vehicles, parts
  • Toyoda Gosei (1949) – manufactures automotive components; 43% owned by Toyota Motor
  • Hino Motors (1942) – manufacturer of trucks and buses; 100% owned by Toyota Motor since 2001
  • Daihatsu (1907) – manufactures compact automobiles; 100% owned by Toyota Motor since 2016
  • Toyota Housing Corporation (2003) – residential construction
  • Toyota Motor Kyushu (1991) – manufactures vehicles, parts

Affiliates or partially owned subsidiariesEdit

Former group companiesEdit

Further readingEdit

  • Kamon, S.; Rosovsky, Henry (1992). The Political Economy of Japan. 3: Cultural and social dynamics. Stanford, California: Stanford University Press. pp. 215–216. ISBN 9780804719919.
  • Costanzo, L. A.; MacCay, R. B. (2009). Handbook of research on strategy and foresight. Cheltenham, UK: Edward Elgar Publishing Limited. pp. 386–390. ISBN 978-1-84542-963-8.
  • Hino, S. (2006). Inside the mind of Toyota: management principles for enduring growth. New York: Productivity Press. p. 229. ISBN 9781563273001.

External linksEdit