Toyota Tsusho

Toyota Tsusho Corporation
Native name
 豊田通商株式会社
Toyota Tsūshō Kabushiki-gaisha
Public (TYO: 8015)
Industry Trading Companies
Founded July 1, 1948
Headquarters Nagoya and Tokyo, Japan
Key people
 Jun Karube, President
Revenue US$78.9 billion (2015)
US$1.55 billion (2015)
US$616 million (2015)
Number of employees
 53,241 (2015)
Parent Toyota Group
Website www.toyota-tsusho.com
Nagoya Head Office

Toyota Tsusho Corporation (豊田通商株式会社 Toyota Tsūshō Kabushiki-gaisha, TYO: 8015, based in Nagoya and Tokyo) is a sōgō shōsha (trading company), a member of the Toyota Group. 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 Motor'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] Toyota Tsusho merged with Kasho Company, Ltd. in 2000. Kasho was a trading company focused on the Southeast Asia markets and dealt in rubber, paper, food, chemicals and general merchandise.[2] Toyota Tsusho then acquired Tomen Corporation, another Japanese trading company, on April 1, 2006. This acquisition expanded Toyota Tsusho's food, textiles, chemicals and energy business and caused it to leapfrog Sojitz to become the sixth-largest general trading company in Japan.[3] Tomen had been founded in 1920 as Toyo Menka Kaisha (東洋棉花株式會社) from the cotton trading business of Mitsui & Co. and was active in grain processing, power generation, agrochemicals and other business areas worldwide.[4] These acquisitions together expanded Toyota Tsusho's business beyond its historical automotive focus.[1]

Business sections

Toyota Tsusho's businesses are divided into 7 business sections:[5]

Head Offices

Major subsidiaries and affiliates

Major shareholders

(as of March 31, 2012)

See also

References

  1. 1 2 3 "History". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  2. ↑ "Kasho's History". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  3. ↑ Forster, Hector. (2006-02-20) Toyota Tsusho Shareholders Approve $1.5 Bln Tomen Acquisition. Bloomberg. Retrieved on 2013-08-16.
  4. ↑ "Tomen's History". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  5. ↑ "Segments". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  6. ↑ "Metals". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  7. 1 2 "Segment Information by Industry". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  8. ↑ "Global Parts & Logistics". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  9. ↑ "Automotive". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  10. ↑ "Machinery, Energy & Project". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  11. ↑ "Toyota to invest $1.5B in Egypt gas exploration, renewable energy". The Cairo Post. 7 April 2015. Retrieved 8 June 2015.
  12. ↑ "Chemicals & Electronics". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  13. ↑ "Food & Agribusiness". Toyota Tsusho Corporation. Retrieved 8 June 2015.
  14. ↑ "Toyota Tsusho, Sapporo to buy U.S. juice maker Country Pure Foods". The Japan Times. Kyodo. 25 December 2014. Retrieved 8 June 2015.
  15. ↑ "Consumer Products & Services". Toyota Tsusho Corporation. Retrieved 8 June 2015.
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