Owner of Toyota Motor Corporation: Toyota Motor Corporation is a Japanese multinational automotive manufacturer company whose headquarters is located in Toyota City, Aichi, Japan. The company was founded by Kiichiro Toyoda on August 28, 1937.
This is one of the largest automobile manufacturers in the world which produces about 10 million vehicles per year. Toyota has grown into one of the largest automakers in the world.
It was also the largest company in Japan and the 9th largest company in the world by revenue on December 2020.
Toyota is listed on the London Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange, and the Tokyo Stock Exchange where its stock is a constituent of the Nikkei 225 and TOPIX Core30 indices.
Toyota was founded as an offshoot of Toyota Industries which is a machine maker which was started by Sakichi Toyoda who was Kiichiro’s father.
Both of the companies are now part of the Toyota Group. Toyota Group is one of the largest corporations in the world.
Toyota Industries developed its first product, named the Type A engine in 1934 and its first passenger car in 1936 which is named the Toyota AA.
The Toyota Motor Corporation produces vehicles under four brands named Daihatsu, Hino, Lexus, and the namesake Toyota in 2022.
Toyota company holds a 20% stake in Subaru Corporation, a 5.1% stake in Mazda, a 4.9% stake in Suzuki, a 4.6% stake in Isuzu, a 3.8% stake in Yamaha Motor Corporation, and a 2.8% stake in Panasonic, and as stakes in vehicle manufacturing joint-ventures in China, the Czech Republic, India, and the US.
Company Logo and Details
Company Name | Toyota Motor Corporation (トヨタ自動車株式会社) |
Industry | Automotive |
Chairman | Takeshi Uchiyamada |
Founded on | August 28, 1937 |
Founded by | Kiichiro Toyoda |
Headquarter | Toyota City, Aichi, Japan |
Official Website | https://www.toyota.com/ |
The Old Days of Toyota Motor Corporation (History)
Toyota started in the Japanese weaving industry when Sakichi Toyoda invented the world’s first automatic loom and, in due course, set up the Toyoda Spinning and Weaving Company in 1918.
His invention lessened defects and increased yields since a loom stopped and would not go on producing faulty fabric and using up thread after a problem occurred.
Sakichi Toyoda gave those profits to his son, Kiichiro, to develop automotive technology at Toyoda. This led to the launch of the Company’s first-ever passenger car named the Model AA.
In 1937, the Toyota Motor Company was born. Production of Toyota vehicles began in 1959 in Brazil and now, with manufacturing branches and being in the league in Japan, Toyota manufactures Toyota and Lexus brand vehicles and components throughout the world.
Toyota may seem like a fairly new automotive company in this country, however, its history goes back more than 75 years.
Sakichi Toyoda generated great designs, one of which cost the inventor enough money to find the Toyota Motor Company.
Toyoda’s son Kiichiro took control of the car operations after Japan stopped all imports in 1936.
About the Founder
Toyota was founded by Kiichiro Toyoda. He was a Japanese businessman and the son of Toyoda Loom Works founder Sakichi Toyoda.
His choice to change Toyoda’s center from automatic loom production into automobile manufacturing generated what would become Toyota Motor Corporation.
Kiichiro Toyoda was one of 5 industry leaders named to this year’s Automotive Hall of Fame inauguration class.
He is credited with expanding Toyoda Automatic Loom Works which is a victorious textile business generated by his father named Sakichi Toyoda, into the world of automotive manufacturing in 1933.
Toyoda was born on June 11, 1894, in Yamaguchi in the village of Yoshitsu in Shizuoka Prefecture, Japan. Kiichiro Toyoda also served as president of Toyota Motor Corporation from 1941 to 1950.
Kiichiro Toyoda died 2 years later and his contemporaries would call him Japan’s Thomas Edison.
Origination of Toyota’s Development
The U.S. military gave Toyota permission to begin peacetime production at the end of 1945.
They used what they had learned from America’s industrial training program to pursue manufacturing products in Japan even after the program was deserted and forsaken in the U.S.
The company made trucks after WWII and also began to make the Toyopet that was available to drivers at a cheap price, and it was made to operate the rough roads of Japan following the war.
Next came the Toyota Land Cruiser which is a civilian truck that was based on the design of the Dodge half-ton weapons carriers, together with the Bantam.
Subsequently, in 1958, Toyota introduced the Crown and its first luxury car.
Toyota Goes International
Toyota started on the road to international sales with a headquarters in Hollywood in 1957 and was the first of their vehicles to be recorded in the U.S.
Shotaro Kamiya is the company president who personally positions California license plates in front of the state DMV.
The Tiara was the first Americanized Toyota that provided a 90 hp engine and significant passenger room, accompanying performance, comfort, and good gas mileage.
Toyota Motor Company had become an established brand in the U.S. by 1967, and the Crown was introduced as an option for wagon or sedan.
The Toyota Corolla that many purchasers look for at the Toyota merchant and trader today was first imported to the U.S. in 1969, and it became the first Toyota to be built in the country in 1985.
Toyota Motor Company Today
Toyota has started growing through its commitment to generating a vehicle that is dependable, performs well, and has superior safety characteristics.
They are one of the largest auto manufacturers in the world and started to fight a close battle opposed GM (General Motors) and Ford for the number 1 spot.
With more than 5.5 million vehicles being made and built yearly, and with many award-winning designs and a distinction for innovative technology to their credit.
The company has surpassed and transcended its goal of generating a calling and vocation in the American auto market.
The Toyota name carries on to be related to dependability and performance for new drivers and committed and devoted Toyota drivers, and they carry on with delivering new ideas for the future.
Services of Toyota Motor Corporation
Toyota Industries develops and manufactures automobiles and automobile-related products, such as vehicles, engines, car air-conditioning compressors, car electronics components, and devices, and stamping dies.
- Materials Handling Equipment. TOYOTA. RAYMOND. AICHI.
- Automobile. Vehicles. Engines.
- Car Air-Conditioning Compressors
- Car Electronics. Battery. Stamping Dies.
- Weaving Machinery. Spinning Machinery.
Key People of Toyota Motor Corporation
- Takeshi Uchiyamada (chairman)
- Shigeru Hayakawa (Vice chairman)
- Akio Toyoda (president)
Takeshi Uchiyamada
Takeshi Uchiyamada is a Japanese businessman and is the chairman of Toyota since 2013.
Uchiyamada is known as the “father of the Prius” as of his leading role in the development of the Toyota Prius.
Shigeru Hayakawa
Shigeru Hayakawa is the vice chairman of Toyota Motor Corporation (TMC). He joined TMC in April 1977, and since then he has been working in various posts in the company and became the vice chairman of TMC in 2021.
Akio Toyoda
Akio Toyoda is the current President of Toyota Motor Corporation. He is a Japanese business executive and the current president of Toyota Motor Corporation.
Toyoda is the great-grandson of Sakichi Toyoda and the grandson of Kiichiro Toyoda.
On 1 April 2023, Toyoda will step down as Toyota president and become chairman of the board.
Akio Toyoda was the chief opponent of the family business when Katsuaki Watanabe was redistributed as Vice-Chairman in the wake of the quality control crisis.
In 2005, Toyoda was promoted to the position of executive vice president. In 2012, he was named Autocar’s Man of the Year.
Toyota Motor Corporation Ownership: Who is the Owner of Toyota Motor Corporation
Here is a list of the top shareholders of TMC as there is not any single owner of Toyota Motor Corporation.
Name of Shareholders | Number of shares owns | Percentage of Shareholding(%) |
---|---|---|
TOYOTA MOTOR CORPORATION | 76,368 | 21.69 |
The Master Trust Bank of Japan, Ltd. (Trust Account) | 55,521 | 15.77 |
TOYOTA INDUSTRIES CORPORATION | 39,365 | 11.18 |
Custody Bank of Japan, Ltd. (Trust Account) | 21,227 | 6.03 |
MUFG Bank, Ltd. | 8,098 | 2.30 |
Sumitomo Mitsui Banking Corporation | 4,249 | 1.21 |
STATE STREET BANK WEST CLIENTTREATY 505234 | 3,561 | 1.01 |
Nippon Life Insurance Company | 3,522 | 1.00 |
Kochi Shinkin Bank | 3,245 | 0.92 |
TOYOTA FUDOSAN CO., LTD. | 3,205 | 0.91 |
Toyota Motor Corporation Ownership: Who is the Owner of Toyota Motor Corporation
When we talk about the owner of Toyota Motors you need to know that no single owner owns the company. Here is some information about the shareholders of TMC.
The Master Trust Bank of Japan, Ltd.
The Master Trust Bank of Japan, Ltd. is a trust bank in Japan that was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in the asset administration business.
It is one of the 3 main master trust service providers in Japan along with Trust & Custody Services Bank and Japan Trustee Services Bank.
Toyota Industries Corporation
Toyota Industries Corporation is a Japanese machine maker. Originally, and actively, an automatic manufacturer emerged, it is the company from which Toyota Motor Corporation developed.
It is the world’s largest manufacturer of forklift trucks by revenue.
Custody Bank of Japan, Ltd.
Custody Bank of Japan, Ltd. makes securities processing businesses. The Company processes pension trusts, securities investment trusts, specified money trusts, and other trusts. The Custody Bank of Japan also provides securities lending and other services.
MUFG Bank, Ltd.
MUFG Bank, Ltd is the largest bank in Japan. It was established on January 1, 2006, following the amalgamation of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd.
MUFG is one of the 3 so-called Japanese megabanks. As such, it is thought about as a systemically important bank by the Financial Stability Board.
The bank’s head office is located in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas.
Kochi Shinkin Bank
Kochi Shinkin Bank provides banking services. The Company provides deposits, loans, fund management, and other services. Kochi Shinkin Bank offers services to individuals, companies, and other groups.
Nippon Life Insurance Company
Nippon Life employs 70,519 employees and has 70,608 billion yen in benefits as of 2016. The company is headquartered in Imabashi Sanchōme, Chūō-ku, Osaka, Japan.
Nippon Life Insurance Company is also known as Nissay and is the largest Japanese life insurance company by revenue. The company was founded in 1889 as the Nippon Life Assurance Co., Inc.
Mission, Vision, and Values
Toyota’s company has the following key components that reflect the undertaking and the motive and goals of its business are as follows.
Mission
Toyota Company’s mission is to construct ever-better cars, to build a future where everyone has the freedom to move and to make ever-better cars.
- Make ever-better cars
- Build an inclusive future
- Freedom to move for everyone
Vision
Toyota company’s vision is that Toyota will lead the future mobility society, enhancing lives around the world with the safest and most responsible ways of moving people.
Through our commitment to quality, continuous innovation, and respect for the planet, we attempt to exceed expectations and be rewarded with a smile.
We will meet challenging goals by appealing to the talent and crucifixion of people who believe there is always a better way.
Toyota company vision has the following key components that throw back the future planned and calculated navigation of the business:
- Global leadership in safe and responsible mobility
- Exceptional quality, innovation, and respect for the planet
- Engagement with talented and passionate people
Values
Toyota company’s core values are as follows-
- Professional Excellence
- Customer Oriented
- World-class production quality
- Achieving the ultimate goal of complete
- Been as the best employer
- Teamwork
- Welcoming new challenges
- Global Perspective
- Encourage the spirit of teamwork
- Implant ethical and honest practices
Toyota Motor Corporation Net Worth Or Revenue
TMC is one of the largest automobile producer companies in the world, producing about 10 million vehicles per year. The net worth of Toyota is about $282 billion.
Toyota Motor Corporation is one of the Japanese leaders in automotive construction. Net sales breakdown by activity is as follows:
- Sale of vehicles (90.4%): 7,646 units sold in 2020/21
- Financial services (7.8%): vehicle purchase financing
- Other (1.8%)
Net sales break down geographically which include Japan (31.6%), Asia (16.7%), North America (34.3%), Europe (10.9%), and others (6.5%).
The regulation and administration of Toyota always take care of what is going to happen in the future. Keeping this in mind Toyota has put money into about 1 billion dollars in Artificial Intelligence.
In spite of the fact that Toyota Japan is thinking about its own company, 80% percent of its employees work outside Japan.
Toyota has a market cap of $197.44 Billion as of February 2023.
This makes Toyota the world’s 50th most treasured company by market cap on the report of our data.
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