Toyota Motor Corp - Company Profile
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Business Description
Toyota Motor Corp (Toyota) is an automobile manufacturer. It designs, manufactures, assembles and sells passenger cars, recreational and sport-utility vehicles, mini vans, related parts and accessories, and commercial vehicles such as trucks.
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R&D Overview
The R&D arm of Toyota focuses on the development of attractive, affordable and high-quality products for customers worldwide. It also supports research and development into the early commercialization of next generation environmentally friendly, energy-efficient and safe vehicle technology. The company has R&D centers in Japan, China, the US, and in countries in Europe and Asia Pacific. The company’s research covers product planning, style, design, prototype production and vehicle evaluation, advanced development, advanced styling designs, development of artificial intelligence technology with focus on automated driving technology, development of woven city and software platform technologies, development of key IT technologies, creation of new values by using big data and collaboration with venture companies, product planning, design and evaluation of vehicles manufactured in North America, advanced research related to “energy and environment,” “safety” and “mobility infrastructure”, and design and evaluation of BEVs. In FY2023, the company spent JPY1,241,686 million on R&D, which, as a percentage of revenue, stood at 3.3%.
Business Segments
Overview
Designs, manufactures and distributes hybrid electric vehicles (HEVs), conventional engine vehicles, plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and fuel cell vehicles (FCVs). Major product line includes mini-vehicles, subcompact and compact cars, sports and specialty cars, mid-size, luxury, pickup trucks, recreational and sport-utility vehicles, trucks, minivans and buses.
Performance
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Overview
Offers financing services to dealers and their customers for the purchase or lease of Toyota vehicles. Also offers retail installment credit and leasing through the purchase of installment and lease contracts originated by Toyota dealers.
Performance
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Overview
Includes the design, manufacturing and sales of housing, information technology, telecommunications and other businesses.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Target Markets
Oceania, Africa, Central and South America, and The Middle East.
Performance
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