Toyota Motor Corporation Word Doc.

8/9/2019 Toyota Motor Corporation Word Doc.

1/6

TOYOTA MOTOR CORPORATION (TMC)

In 1937, Kiichiro Toyoda founded Toyota Motor Co., Ltd. (Toyota Motor Corporation

today) as a venture business, over the opposition of people around him. It was a spin -off

from Toyoda Automatic Loom Works, which was then one of the world's l eading

manufacturers of weaving machinery. Automobile manufacturing covers many industrial

areas, and later such operations as "materials," "machine tools" and "parts" were spun off

as independent operations. The Toyota Group today is made up of such busin ess

operations, reflecting the history of Toyota's corporate venture drive.

At present, Toyota is active in a number of areas in addition to its core business of

automobile manufacturing-Areas including housing, financial services, communications,

GAZOO, marine vehicles, biotechnology and afforestation, to name a few. Moreover, Toyota

has established a venture fund with the purpose of fostering an in -house ambience that

promotes creativity and an enterprising spirit, and is seeking seeds of e nterprise outside the

company as well. The Toyota Group is thus active in promoting ventures into new frontiers

of human activity.

Toyota Homebuilding 21st century comfort and luxury into houses in Japan. Come inside and see

yourself.

Concentrating the knowledge and technology of the Toyota Group to the housing business, Toyota's house

based on the "Skeleton & Infill" approach. Based on careful consideration of customer lifestyles, three difstructures have been developed for the Toyota Home line-up.

Toyota financial Services operations are primarily handled Toyota Financial ServicesCorporation (TFS), which has overall control of financial services subsidiaries worldwide.

TFS provides financial services primarily for vehicle purchases and leases in more than 30countries and regions worldwide.

We have been aggressively tackling the practical application of ITS in order to bring harmony

and balance to our mobility society and to ensure that it can grow in a sustainable manner.


2/6

In the future, we plan to further advance the products and systems we have put into

practical use thus far, and to systematically combine automobiles with social infrastructures

in a ubiquitous-network society. In these ways, Toyota will continue to strive to build the

new IT-based society of the 21st century.

Vehicles have enriched people lives, added convenience, and have become an essential part

of modern life and today's economic activities. However, vehicles have also led to increases

in traffic accidents, congestion and environmental problems caused by exhaust emissions.

In order to solve these problems, international organizations and governmental authorities

have implemented policies and measures, while auto manufacturers have been putting

considerable effort into improving their vehicles. In addition, working together with

governmental agencies and academia, the automotive industry has advanced Intelligent

Transport Systems(ITS

*

), applying remarkable innovations in electronics, and informationand communication technologies to vehicles.

Recently, ITS has gained redognition as being more than just a method to solve

transportation problems. ITS also has been drawing attention as an influential means to

realize a transportation sysytem that offers saftey, peace of mind and comfort by increasing

the convenice of vehicles and the mobility society as a whole, while serving as an influential

means to contribute to the realization of an enriched low carbon society, which is a key

global environmental issue.

When the private-sector organization VERTIS(Vehicle, Road and Traffic Intelligence Society,presently ITS Japan)was estabished in 1994 in Japan to promote the comercialization of ITS,

the blueprint presented by ITS was still conceptual. T oday, ITS has advanced to a stage

where various systems such as navigation systems and ETC have already been

commercialized.

Moreover, within the Japanese government's New IT Reform Strategy, which aims to realize

a ubiquitous and universal network society where everyone can enjoy the benefits of IT in

FY2010, ITS is positioned as a focal area for the future. Various efforts have been

implemented by performing large-scale verification tests on public roads.

Toyota is aiming to lead in the development of a truly enriched mobility society in the 21st

century. Therefore, we have been actively supporting the commercialization of ITS in order

to bring technological harmony and balance to our mobility society and to ensure that it can

grow in a sustainable manner. In the future, Toyota plans to further develop the products

and systems we have put into practial use thus far, and to systematically combine vehicles

with social infrastructures in a ubiquitous-network society, as we continue to strive to build


3/6

the new ITS-driven mobility society of the 21st century.

*ITS (Intelligent Transport Systems): Advanced transport systems that are constructed to

integrate people, vehicles, and the traffic environment, using state -of-the-art information

and communication technologies to build a safe, comfortable and smooth transport

infrastructure.

GAZOO started in April 1998, by providing a visual vehicle information network via the

Internet. By December 1999, GAZOO advanced into e -commerce activities with the

establishment of the GAZOO "Shopping Mall". Soon after, GAZOO enhanced its contents so

members could enjoy services such as buying CDs and books, and making reservations at

hotels. Now, members can also take advantage of new finance related services. GAZOO is

determined to deliver superior contents and services to help members enhance lifestyles.

To facilitate access, GAZOO developed a multi-media kiosk, called the "E-Tower", to realize

the idea, "Enjoy GAZOO anywhere, anytime." Currently, GAZOO is setting up E -Towers not

only in nationwide Toyota dealerships and Toyota related facilities, but also in nationwide

convenience stores.

GAZOO promises to work on creating a new relationship between automobiles and people

by making the best use of the technology, information, know-how, and infrastructure.

From land to sea, Toyota is expanding into the marine business with pleasure crafts and marine engi

28 ft. cabin cruiser "PONAM-

28"

Awarded the Good Design

Prize in 1997, the PONAM-28,which features an innovative

Developing, producing, and selling marine products that are both environ

clean and safe, we are using our car making expertise in the marine busin

enable more and more people to enjoy marine leisure.

The smooth ride and superior seaworthiness of aluminum hulls make our

crafts easy to maneuver, even for those with limited boating experience. O

marine engines are based on our automobile engine technology, providingfuel efficiency, low emissions and excellent reliability. With these produc

is firmly establishing itself in the marine business.


4/6

aluminum hull, is widelyappreciated for its outstanding

engineering, design, andenvironmental considerations.

Toyota is making contributions to the world of the 21st century by developing new

businesses.

At one point in time, automobile manufacturing was just another new business offshoot of

Toyoda Automatic Loom Works. The visionary founder of the company, Kiichiro Toyoda,

strongly believed in the coming age of the automobile, and it is no exaggeration to say that

his resolute pursuit of that dream helped build the Toyota we know today.

EXECUTIVE PROFILE*

Akio Toyoda

President and Director, Toyota Motor Corp.41

BACKGROUND*

Akio Toyoda has been President of Toyota Motor Corp. since June 2009 and serves as

President of Toyota Motor North America, Inc. a subsidiary of Toyota Motor Corporation.

Mr. Toyoda has been President of Hitachi Ltd and Honda Motor Co. since March 2009. Mr.

Toyoda served as an Executive Vice President of Toyota Motor Corp. from January 21, 2005

to June 2009. He served as a Senior Managing Director and Chief Asia & China Operations

Officer of Toyota Motor Corp. since 2003 and served as its Division General Manager of

Taiwan & China Offices. He served as an Executive Vice President of Toyota Motor Corp.

since January 21, 2005 and oversaw it's China operations, Japan sales and the Internetbusiness. He joined Toyota in 1984. Previously, he served as Vice President at New United

Motor Manufacturing Inc., a Fremont, California-based joint venture between Toyota andGeneral Motors Corp. Mr. Toyoda served as Chairman and Director of Guangqi Toyota

Engine Ltd. since April 1, 2004. He serves as a Vice Chairman of Gamagori MarineDevelopment Co., Ltd. He has been a Director of Toyota Motor Corp. since June 2000. He

serves as Auditor of Toyota Boshoku Corporation. He served as Director of Aisin AW Co.,Ltd. He served as an Auditor of Shiroki Corp. Mr. Toyoda holds Master's degree in Business

Administration from Babson College in the U.S.


5/6

Akio Toyoda (, Toyoda Akio, born May 3, 1956) is the president and CEO of Toyota

Motor Corporation and is a grandson of founder Kiichiro Toyoda. He is the eldest son of

Shoichiro Toyoda. He joined Toyota in 1984, becoming a board member in 2000 and was

made an executive vice president in 2005, taking charge of Japanese sales and overseas

operations. In January 2009 he was announced as the forthcoming president of the

company. On June 23, 2009 he w as confirmed as the new president of the company, along

with four new executive vice presidents and eight new board members. The previous

president and CEO Katsuaki Watanabe became vice chairman replacing Katsuhiro

Nakagawa. He received his MBA from Babson College in the United States. Toyoda was born

in Nagoya.

August 28, 1937 Founder(s)Kiichiro Toyoda Headquarters Toyota City, Aichi, Japan; Area

served Worldwide Key people

y Fujio Cho (Chairman and Representative Director)

y Katsuaki Watanabe (Vice chairman and Representative Director)

y Akio Toyoda (President and Representative Director)

y Shoichiro Toyoda (Honorary Chairman)[1]

Products

y Automobiles

y Financial Services

RevenueJPY 18,950,973 million (FY2010) [2]Operating incomeJPY 147,516 million

(FY2010)[2]

Net incomeJPY 209,456 million (FY2010)[2]Total assetsJPY 30,349,287

million (FY2010) [2]Total equityJPY 10,359,723 million (FY2010) [2]Employees 71,116 (for

TMC, total Toyota 320,808)[3]

Divisions

y Lexus

y Scion

Toyota India was established on October 6th 1997. The initial capital investment was of Rs 7

billion. The Toyota Motor Com pany of Japan has 89% of equity shares and the Kirloskar

Group of India has 11% equity shares in their JV called "Toyota Kirloskar Motor (TKM)."


6/6

The Toyota Kirloskar Motor (TKM) is of the opinion that they would contribute to thegrowth of the Indian economy by contributing in the automobile sector, technological

upgradation and human resource management. They want to manufacture and saleautomobiles in India and make India an export hub as well. They also want to maintain their

global standards here with the help of as many as Toyota centers in India.The most important

policy of TKM has been the implementation of the Philosophy of "Putting Customer First".

Another very important policy of TKM is to motivate their employees to achieve perfection.

They believe that employees are the backbone of the organization and to achieve perfection,

the employees must be motivated to work and improve continuously. That's why they

maintain corporate culture and ensures maximum stability for their employees. The TKM is

also into social service as they understand their responsibility towards society very well.

They are also continuously trying to ensure the betterment of their products and services. As

they believe that the path to their success is by providing better services and goods. One of

their main aims is to help the Indian economy develop by creating employment opportunities

http://toyotabharat.com/inen/about/toyota_awards.asp

Toyota Motor Corporation Word Doc.

Documents

Transcript of Toyota Motor Corporation Word Doc.