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.

Toyota Group
Company typePrivate
IndustryConglomerate
FounderSakichi Toyoda
HeadquartersToyota, Japan
Brands
SubsidiariesSee Major group companies section

Major group companies

There are 18 major companies that make up the Toyota Group:[1]

Group companyEstablishedProducts
Toyota Industries1926manufactures textile machinery (looms), forklifts, automotive components, and other equipment
Toyota Motor1937manufactures vehicles
Aichi Steel1940manufactures automotive steel; 30% owned by Toyota Industries and Toyota Motor
JTEKT2006manufactures machine tools, auto parts; formed by the merger of Koyo Seiko (1921) and Toyoda Machine Works (1941)
Toyota Auto Body1945manufactures vehicles, parts and auto bodies; 100% owned by Toyota Motor
Toyota Tsusho1946trading company (sogo shosha) supporting global operations of Toyota Group companies; 33% owned by Toyota Industries and Toyota Motor
Aisin1949manufactures automotive components; 30% owned by Toyota Industries and Toyota Motor
Denso1949manufactures automotive components; Toyota Motor owns 24.55%, Toyota Industries owns 8.74%
Toyota Boshoku1918original Toyota company; manufactures auto parts and textiles
Towa Real Estate1953commercial real estate developer in Nagoya area
Toyota Central R&D Labs1960performs research and development for other Toyota Group companies
Toyota Motor East Japan2012manufactures vehicles and parts
Toyoda Gosei1949manufactures automotive components; 43% owned by Toyota Motor
Hino Motors1942manufacturer of trucks and buses; 100% owned by Toyota Motor since 2001
Daihatsu1907manufactures compact automobiles; 100% owned by Toyota Motor since 2016
Toyota Housing Corporation2003residential construction
Toyota Motor Kyushu1991Lexus cars, engines, and hybrid systems
Woven by Toyota, Inc.2021vehicle software, automated driving, Woven City

Affiliates or partially owned subsidiaries
  • Kyoho kai group – Auto parts company – 211 companies.
  • Kyouei kai group – Logistic/facility company – 123 companies.
  • KDDI (Toyota owns 11.09% of the company)
  • Nagoya Broadcasting Network (Toyota owns 34.6% and is the largest single shareholder in the company; 36.9% of the stock are directly and indirectly (through TV Asahi Holdings Corporation) owned by the Asahi Shimbun Company, making it the largest corporate group shareholder)
  • Subaru Corporation, manufacturer of Subaru automobiles. (Toyota owns 20% and is the largest single shareholder in the company)
  • Mazda Motor Corporation (Toyota owns 5.05% of the company)
  • Suzuki Motor Corporation (Toyota owns 4.9% of the company)
  • Isuzu Motors Ltd. (Toyota owns 4.6% of the company)
  • Misawa Homes Holdings, Inc. (Toyota owns 13.4% of the company)
  • 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)
  • Yamaha Motor Company (Toyota owns 2.8% of the company)
  • Panasonic (Toyota owns 2.8% of the company)
  • Nippon Telegraph and Telephone (Toyota owns 2.09% of the company)
  • MS&AD Insurance Group (Toyota owns 8.88% and is the largest single shareholder in the company)
  • Fuji Pharma Co., Ltd.

Former group companies

Further reading
  • Kamon, S.; Rosovsky, Henry (1992). The Political Economy of Japan. Vol. 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.

References
  1. "Toyota Group Company Profiles". Toyota. Retrieved 2022-08-07.
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