The 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 companies
There are 18 major companies that make up the Toyota Group:
{| class="wikitable sortable"
! Group company !! Established !! class=unsortable|Products
|-
| Toyota Industries || 1926 || manufactures textile machinery (looms), forklifts, automotive components, 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 || 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 || 1960 || performs research and development for other Toyota Group companies
|-
| Toyota Motor East Japan || 2012 || manufactures vehicles and parts
|-
| Toyoda Gosei || 1949 || manufactures automotive components; 43% owned by Toyota Motor
|-
| Hino || 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 || Lexus cars, engines, and hybrid systems
|-
| Woven by Toyota || 2021 || vehicle 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 Asahi Shimbun, 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 (Toyota owns 5.05% of the company)
- Suzuki (Toyota owns 4.9% of the company)
- Isuzu (Toyota owns 4.6% of the company)
- Misawa Homes Holdings, Inc. (Toyota owns 13.4% of the company)
- Primearth EV Energy Co – a joint venture between Toyota and Panasonic (1996 to present)
- Toyota Canada – a joint venture between Toyota (51%) and Mitsui & Co (49%) (1964 to present)
- Yamaha (Toyota owns 3.8% of the company)
- Panasonic (Toyota owns 2.8% of the company)
- Nippon Telegraph & 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
- NUMMI – a joint venture between Toyota and General Motors (1984 to 2010)
- United Australian Automobile Industries – a joint venture between Toyota Australia and Holden (1989 to 1996)
- Tesla (Toyota owned 1.43%) (2010 to 2016)
Further reading
References
External links
- Toyota Group
