What Companies Does Toyota Own?

From iconic sports brands and technology companies to car manufacturers and even music labels, Toyota’s portfolio is more diverse than you’d think.

In this post, we’ll tell you more about what companies Toyota owns.

People often think of Toyota as just being a car manufacturer when really it should be seen as an entire automotive empire.

Through their ownership holdings, they have numerous strategic partnerships with other entities across the globe.

To find out who these partners are and what business connections exist between them read on.

Who Owns Toyota?

Toyota Motor Corporation is the current owner of Toyota.

The company was founded in 1937 by Kiichiro Toyoda and has since grown to become one of the world’s leading automakers.

As of March 2020, Toyota Motor Corporation was owned by 8 different companies, including the government-owned Development Bank of Japan and other major shareholders such as Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking Corporation, and Denso Corporation.

The company initially started as a textile manufacturing company owned by Sakichi Toyoda, but they eventually transitioned to producing automobiles under the leadership of his son, Kiichiro Toyoda.

With a strong commitment to innovation and quality, Toyota has become one of the largest and most successful carmakers in the world.

What Companies Does Toyota Own?

Here is a list of companies owned by Toyota:

1. Sports Brands

Toyota owns stakes in multiple sports brands, including the J. League’s Vissel Kobe football club and Tokyo Verdy soccer team, as well as the Toyota Avispa Fukuoka football club.

The company also has a stake in the Australian Rugby Union’s Melbourne Rebels franchise, and it sponsors the FIA World Rally Championship, Formula 3 racing series, and All Japan Gymkhana Championship.

2. Technology Companies

Toyota has invested heavily in technology companies such as SoftBank Group Corporation and UIEvolution Inc., an enterprise software development company.

It also holds shares in Drone Racing League (DRL), which hosts drone racing competitions all around the world.

Additionally, Toyota is part of Plug & Plays’ Auto Tech accelerator, which works to develop mobility technology.

3. Car Manufacturers

Toyota also has a number of car manufacturing subsidiaries such as Daihatsu Motor Co., Ltd. and Hino Motors Ltd., both of which produce smaller vehicles for the Japanese market.

In addition, Toyota owns stakes in Subaru Corporation, Isuzu Motors Limited, and Mazda Motor Corporation.

4. Music Labels

Toyota has recently invested in music labels like Avex Inc., Universal Music Group Japan, and Sony Music Entertainment (Japan) Inc.

These investments have enabled the company to pursue new opportunities such as producing branded content for its campaigns.

The company has also used music from these labels to create audio ads for its vehicles.

5. Other Companies

Toyota’s portfolio also includes stakes in a number of other companies, such as Amlux Corporation (an automotive showroom operator), Sumitomo Riko Company Limited (an automotive parts manufacturer), and Kyoshin Co. Ltd. (a real estate company).

Additionally, Toyota is part owner of the Nikkei Inc. media group, which publishes the financial newspaper The Nikkei.

When was Toyota Founded?

Toyota was founded in 1937 by Kiichiro Toyoda. Today it is one of the largest automobile manufacturers in the world.

At the time, the company was called Toyota Motors and focused on producing automobiles for the Japanese market.

Over time, Toyota became renowned for its commitment to producing high-quality, reliable vehicles, and it gradually expanded into international markets.

Today, Toyota is a household name, selling millions of cars and trucks each year across the globe.

Who is the CEO of Toyota?

The CEO of Toyota Motor Corporation is Akio Toyoda, who has been in this position since 2009.

Toyoda has been instrumental in steering Toyota towards sustainability and eco-friendly initiatives, while also keeping the company at the forefront of technological advancements.

His leadership has helped Toyota maintain its position as one of the top car manufacturers in the world.

What is the Net Worth of Toyota?

Toyota’s net worth is around $219 billion as of August 2023.

That’s an impressive figure, and it speaks to the enormous success of the company.

From their unwavering commitment to quality to their innovative approach to automotive technology, it’s clear that Toyota’s reputation as a leader in the industry is well deserved.

Where is the Headquarters of Toyota?

Toyota’s headquarters are situated in Toyota City, Japan.

Toyota has been a respected automobile brand for decades, and its headquarters serve as a hub for its global operations.

The headquarters was built in 1982 and covers an area of seven million square meters.

It is not just an office building but a complex that includes numerous facilities such as research and development centers, training centers, and even guesthouses for employees.

It may not be an easy feat to visit Toyota City, but the headquarters are certainly an awe-inspiring sight to behold.

What is the Annual Revenue of Toyota?

The annual revenue of Toyota is a staggering $286 billion for the last 12 months ending June 2023.

Its consistent growth and success story are the result of years of hard work, innovation, and a dedication to providing the best to customers around the world.

Toyota’s annual revenue proves that it is a force to be reckoned with, and its contributions to the automotive industry are unparalleled.

How Many Employees Does Toyota Have?

With a workforce of over 375,000 people in 2023, it employs more than almost any other company in its industry.

The employees come from many countries and backgrounds, providing Toyota with an incredibly diverse set of skills and perspectives.

FAQs

What Makes Toyota Unique?

Toyota is unique in many ways, from its commitment to sustainability and green initiatives to the innovative design of its vehicles.

What is Toyota Also Known As?

Toyota is also known as the Toyota Group.

Why Toyota is Better Than Other Brands?

Toyota is better for its commitment to quality and reliability, the innovative design of its vehicles, and its focus on customer service.

What is the Luxury Name of Toyota?

The luxury name for Toyota is Lexus.

What is Toyota’s Best-Selling Brand?

The Toyota Corolla is the best-selling car in the world.

Who is Toyota’s Biggest Competitor?

Toyota’s biggest competitor is Honda.

Where Does Toyota Rank?

Toyota is currently ranked as the world’s largest automaker, having produced over 10 million vehicles in 2019.

Who Makes Toyota Engines?

Toyota engines are made by Toyota Motor Corporation, the company has its own engine plants in Japan and various other countries.

What is the Failure Rate of Toyota?

Toyota’s failure rate is low. According to a 2019 study conducted by J.D. Power, the overall quality rating for Toyota models was 86 out of 100.

What is the Target Market of Toyota?

Toyota’s target market is broad, and its vehicles are designed to offer high-quality vehicles at reasonable prices that can fit into almost any budget.