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Toyota Motor Corporation operates in the consumer cyclical sector and is classified under the automobile and truck manufacturing industry.
The company was founded by Kiichiro Toyoda. In the automotive segment, Toyota designs, manufactures, assembles, and sells passenger cars, minivans, and commercial vehicles such as trucks.
Toyota is also known for developing the Toyota Production System, a revolutionary manufacturing approach introduced in the 1950s by Taiichi Ohno.
This system introduced key principles such as lean manufacturing, just-in-time production, and waste reduction, significantly increasing efficiency and flexibility across the industry.
With a presence in approximately 200 countries and regions, Toyota’s main markets include Japan, North America, Europe, and Asia.
In addition to supplying vehicles, parts, and accessories, the company also offers financial services, such as dealer and customer financing, including retail installment credit and leasing options.
Toyota’s extensive global network allows the company to adapt its vehicles and services to meet diverse market needs. Its corporate structure is composed of a vast number of subsidiaries and affiliated companies.
At one point, Toyota operated through 528 subsidiaries and 201 affiliates, reinforcing its global footprint and strategic integration.
With around 350,000 employees worldwide, the company maintains a strong presence through its global network of factories, R&D centers, and offices.
Backed by a solid structure and a history of innovation, Toyota continues to grow its market share and develop new technologies to meet the evolving demands of the automotive industry.
The company's shares are traded under the ticker TM on the New York Stock Exchange (NYSE).
History and founding of Toyota Motor Corporation
The story of Toyota Motor Corporation began in 1933 in Japan, when Kiichiro Toyoda, then working in the textile industry, visited the United States and was inspired by vehicles produced by companies such as Ford and Chevrolet.
Motivated by the advancement of the American automotive industry, he decided to establish an automotive division within the Toyota Industries Corporation, which originally manufactured automatic looms.
To enable automobile production, Kiichiro sent director Risaburo Oshima to the U.S. and Europe in June 1933 to acquire machine tools. At the same time, Kiichiro studied car designs and decided to base Toyota’s early models on parts compatible with the most common vehicles in Japan, such as Ford and Chevrolet.
In October 1933, Kiichiro disassembled a 1933 Chevrolet, analyzed its components, and began designing Toyota's first engine. In the following year, he purchased additional reference vehicles to aid in designing the company's first prototype.
By 1934, Toyota had completed construction of a prototype factory and a steel mill, both essential for manufacturing its first automobiles. The company unveiled its first passenger vehicle prototype, the Model A1, in 1935.
Following this development, Toyota Motors began mass production, established a sales department, and expanded its reach in the Japanese market.
As sales increased, Toyota solidified its position as one of the world’s leading car manufacturers, with strong performance in North America, Europe, and Asia.
Over the decades, Toyota has reached several important milestones. Between 2020 and 2024, the company continued to expand its operations, invest in new technologies, and grow its presence in both the automotive and financial services sectors.
Additional Information
The Company Toyota Motor Corporation (United States), is listed on NYSE with a market cap of $ 266.06 Billions, having an equity of $ 256.04 Billions.
With a total of 359.542 employees, the company is listed in the sector of Consumer Cyclical and categorized in industry of Auto & Truck Manufacturers.
In the last 12 months the Company had a revenue of $ 328.37 Billions, which generated a profit in the amount of $ 28.56 Billions.
As for its main indicators, the Company has a P/E ratio of 9.32, a P/BV ratio of 1.04 and in the last 12 months the dividend yield of TM was at 2.97%.
The Company is traded internationally through the ticker TM.
