Toyota Group

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The Toyota Group (???????, Toyota Gur?pu) 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.

Video Toyota Group

Major group companies

• Toyota Industries (1926) - manufactures forklifts and other equipment
• JTEKT (1935) - manufactures bearings and other components
• Toyota Motor (1937) - manufactures automobiles
  • Toyota Auto Body (1940) - manufactures truck bodies; 100% owned by Toyota Motor
  • Toyota Communication Systems Co., Ltd. (2001) - IT system integrator; 100% owned by Toyota Motor
  • Hino Motors - manufacturer of diesel trucks and buses acquired by Toyota Motor in 2001
• Aichi Steel (1940) - manufactures automotive steel; 30% owned by Toyota Industries and Toyota Motor
• Toyota Motor East Japan - formed in 2012 by the merger of Kanto Auto Works (1945), Toyota Motors Tohoku and Central Motors
• 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
• Toyoda Gosei (1949) - manufactures automotive components; 43% owned by Toyota Motor
• Denso (1949) - manufactures air conditioners and other automotive components
• Toyota Boshoku (1918) - original Toyota company; manufactures filters, trim, liners and other automotive components
• Towa Real Estate (1953) - commercial real estate developer in Nagoya area; holds stock in other Toyota Group companies as an anti-takeover measure
• Toyota Central R&D Labs., Inc. (1960) - performs research and development for other Toyota Group companies
• Daihatsu (1907) - manufactures compact automobiles; became wholly owned subsidiary in 2016
• Toyota Financial Services (2000) - provider of automotive financing and credit cards
• Toyofuji Shipping Co. - international shipping company for Toyota vehicles
• Toyota Housing Corporation (2003) - residential construction

Maps Toyota Group

Affiliates or partially owned subsidiaries

• Kyoho kai group - Auto parts company - 211 companies.
• Kyouei kai group - Logistic/facility company - 123 companies.
• Subaru Corporation, manufacturer of Subaru automobiles. (Toyota owns 16.5% of the company.)
• Isuzu Motors Ltd. (Toyota owns 5.9% of the company.)
• Misawa Homes Holdings, Inc. (Toyota owns 13.4% of the company.)
• United Australian Automobile Industries (UAAI) - a joint venture between Toyota Australia and GM-Holden (1989 to 1996)
• New United Motor Manufacturing, Inc. (NUMMI) - a joint venture between Toyota and General Motors (1984 to 2010)
• 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 Corporation (Toyota owns 3.6% of the company.)

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Further reading

• Kamon, S.; Rosovsky, Henry (1992). The Political Economy of Japan. 3: Cultural and social dynamics. Stanford, California: Stanford University Press. pp. 215-216. 
• 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. 

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External links

• Toyota Group

Source of article : Wikipedia