What is the relationship between Toyota Tsusho and Toyota?
2 Answers
Toyota Tsusho is a member of the Toyota Group. When Toyota Motor was first established, it created (Toyota Finance Co., Ltd.) for the purpose of selling cars. This company later underwent mergers, reorganizations, and public listings, eventually becoming the current (Toyota Tsusho Corporation). Below is some relevant information about Toyota: 1. Toyota's main models: Corolla, Camry, ES, Avalon, RAV4, Highlander. 2. Toyota's industries: Toyota's product range spans automobiles, steel, machine tools, pesticides, electronics, textile machinery, fiber products, household goods, chemicals, construction machinery, and construction. In 1993, it ranked 5th among the world's industrial companies, producing 4.45 million vehicles that year, accounting for 9.4% of the global car market. Toyota is the world's largest automobile company and plays a pivotal role in the global automotive industry.
Toyota Tsusho and Toyota Motor are like siblings. It originally started as the trading division within the Toyota Group, established in 1936 specifically to help Toyota sell vehicles and handle import/export operations. Today, Toyota Motor directly holds 22% of its shares, making it the largest shareholder. Toyota Tsusho assists the Toyota Group globally in procuring auto parts and raw materials, handling over 40% of the group's parts procurement volume last year. Having worked in the automotive parts industry, I frequently interacted with them—they not only manage procurement and logistics but also participate in site selection for Toyota's overseas factory projects. The Toyota Group has over a dozen core companies, and Toyota Tsusho has always been a crucial link in the alliance's supply chain.