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: Group company Established 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 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. Archion, the combination of Fuso and Hino. (Toyota owns 25% of the company)
Former group companies
Hino – Toyota owned 50.1% from 2001 to 2026. Hino is now part of Archion. 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