Toyota Motor Corporation

Traded as
  • TYO: 7203
  • LSE: TYT
  • NYSE: TM

Toyota Motor Corporation is a Japanese multinational automotive manufacturer that is also active in the field of robotics. Toyota Motor Corporation is a part of the Toyota Group, one of the largest conglomerates in Japan.

Founded in the 1930s, Motor Corporation became the world’s largest automobile maker in 2008 when it displaced GM, and it has held on to that position ever since.

Toyota Motor CorporationToyota Motor Corporation produces vehicles under five brands:

  • Toyota
  • Hino
  • Lexus
  • Ranz
  • Daihatsu

In 2012, Toyota Motor Corporation produced over 10 million vehicles – a feat not accomplished by any other automobile manufacturer in the world. This was also the year when Toyota Motor Corporation made its 200-millionth vehicle.

As of October 2016, Toyota Motor Corporation was the 5th largest company in the world by revenue.

In addition to being a dominating manufacturer of traditional motor vehicles, Toyota Motor Corporation is also an acknowledge forerunner in the field of hybrid motor vehicles. In January 2017, the cumulative global sales of Toyota and Lexus hybrid passengers car models reached the 10 million milestone, and Toyota is currently the world’s market leader in sales of hybrid electric vehicles. It is a leading force for mass-market adoption of hybrid vehicles worldwide, with its Prius family being the world’s top selling hybrid nameplate.


Ranking of TYO-listed Stocks by Market Capitalisation

Data from end of January 2018

Rank Code Issue Market Capitalisation \100mil.
2 8306 Mitsubishi UFJ Financial Group,Inc. 115 139
3 9437 NTT DOCOMO, INC. 105 463
4 9984 SoftBank Group Corp. 98 839


Short facts about Toyota Motor Corporation


Japanese name トヨタ自動車株式会社
Transcribed name Toyota Jidosha KK
English name Toyota Motor Corporation
Corporation type Public (K.K.)
Industry Automotive
Key products Automobiles

Luxury vehicles

Commercial vehicles


Production output 10,466,451 in 2017
Founded August 28, 1937
Founder Kiichiro Toyoda
Headquarters Toyota, Aichi, Japan
Area served Worldwide
Traded as
  • TYO: 7203
  • LSE: TYT
  • NYSE: TM
International Securities Identification Number (ISIN)
  • JP3633400001

Index inclusion
  • Included in the TOPIX Core 30
Revenue ¥27.60 trillion(FY2017)
Operating income  ¥1.Japan Trustee Services Bank99 trillion (FY2017)
Net income  ¥1.93 trillion (FY2017)
Total assets  ¥48.75 trillion (FY2017)
Total equity  ¥18.18 trillion (FY2017)
Major shareholders in 2016
  • Japan Trustee Services Bank (9.70%)
  • Toyota Industries (6.73%)
  • The Master Trust Bank of Japan (5.32%)
  • Nippon Life (3.59%)
  • Denso (2.59%)
Number of employees 364,445 (2017)
  • Lexus

Toyota Racing Development (TRD)


Examples of subsidiaries Japan


Toyota Financial Services

Toyota Motor East Japan

Hino (57.21%)



Toyota (GB) PLC

Toyota Kirloskar India (89%)

Toyota Motor Corporation Australia

Toyota Motor Europe

Toyota Motor Manufacturing France

Toyota Motor Manufacturing UK

Toyota Motor North America

Toyota Motor Russia

Toyota Motor Sales USA

Toyota Pakistan

Toyota South Africa Motors

Toyota Motor Thailand(86.43%)

Toyota Canada (51%)

Toyota Peugeot Citroën Automobile Czech (50%)

Perodua (25%)

Examples of stakes Subaru Corporation (16.66%)

Isuzu (5.9%)

Examples of joint-ventures GAC Toyota (in China)

Sichuan FAW Toyota Motor (in China)


Toyota Motor Corporation

The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father’s automatic loom manufacturing company Toyota Industries. By then, Toyota Industries has already created its first engine and its first passenger car (the Toyota AA).

Toyota is famous for having developed and introduced many groundbreaking technologies to mass-market, such as Advanced Parking Guidance System, eight-speed automatic transmission, and four-speed electronically controlled automatic transmission with button for power and economy shifting.

Toyota has a large market share in the United States and is also a market leader in Australia. In Europe, its market share is considerably smaller. Toyota sells vehicles worldwide, and is for instance a major player in many African and South American countries. Through its Daihatsu subsidiary, Toyota has significant market shares in several fast-growing Southeast Asian markets.

Company strategy

Toyota Motor CorporationToyota is famous for developing and implementing the concepts Lean Manufacturing and Just In Time Production. Today, Toyota’s managerial values and businesses methods are known collectively as The Toyota Way. Adopted in 2001, the Toyota Way 2011 is an expression of values and conduct guidelines applicable to all Toyota employees.

External analysts have boiled down the Toyota Way to the following components:

  • Long-term thinking as a basis for management decisions
  • A process for problem-solving
  • Adding value to the organisation by developing its people
  • Recognising that continuously solving root problems drives organisational learning
  • The Toyota Way incorporates the Toyota Production System

Examples of nonautomotive activities


Toyota has developed multitask robots intended for manufacturing, entertainment and the care of humans. In 2004, they garnered a lot of publicity by unveiling a trumpet-playing robot. Toyota also participated in the development of


Toyota created a voice recognition function for Kirobo, Japan’s first robot astronaut. Kirobo arrived to the International Space Station (ISS) in August 2013 to accompany Kichi Wakata, the Japanese ISS commander. Kirobo was developed as a collaborative effort between Dentsu, the University of Tokyo’s Research Center for Advanced Science and Technology, Toyota, Robo Garage, and JAXA (Japan Aerospace Exploration Agency).

Brain Machine Interface

The Brain Machine Interface is designed to make wheelchairs easier to operate for the user. Created by Toyota, this interface allows the user to control an electric wheelchair by thinking about how they want the chair to move. Using their own mind, the wheelchair user can make the chair go right, left and forward, and the delay between thought and movement is just 125 milliseconds.


Toyota is a minority shareholder in Mitsubishi Aircraft Corporation.

Toyota has also considered participating in general aviation market. In 2002, they contracted with Scaled Composites to produce the proof of concept aircraft TAA-1.


Toyota continuously invests in promising start-up businesses in the biotechnology field. This is a few examples of ventures in which Toyota is involved:

Australian Afforestation Pty. Ltd

P.T. Toyota Bio Indonesia

Sichuan Toyota Nitan Development Co., Ltd (in China)

Toyota Roof Garden Corporation (in Japan)

Toyota Floritech Co., Ltd (in Japan)

 Sewing machine technology

Toyota is the inventor of the free-motion embroidery sewing machine Oekaki Renaissance.