Preview

Company Background of Toyota Motor Corporation

Powerful Essays
Open Document
Open Document
1253 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Company Background of Toyota Motor Corporation
Strategic Management and Organizational Leadership MBA516-1

March,7th 2013

Dr. Stephen Onu

1.Company Background

Toyota Motor Corporation was founded in Japan on August 28, 1937. The headquarters of Toyota Motor Corporation are located in Aichi, Japan. The headquarters for Toyota 's U.S. operations is located in Torrance, CA. Japanese multinational automaker Toyota employed 300,734 people worldwide, and was the third-largest automobile manufacturer in 2011 by production behind General Motors and Volkswagen Group. Toyota is the eleventh-largest company in the world by revenue. In July 2012, the company reported it had manufactured its 200-millionth vehicle. The company was founded by Kiichiro Toyoda from his father 's company Toyota Industries to create automobiles. Toyota Motor Corporation group companies are Toyota including the Scion brand, Lexus, Daihatsu, and Hino Motors.TMC is part of the Toyota Group, one of the largest conglomerates in the world.

Toyota has factories in most parts of the world, manufacturing or assembling vehicles for local markets. Toyota has manufacturing or assembly plants in Japan, Australia, India, Sri Lanka, Canada, Indonesia, Poland, South Africa, Turkey, Colombia, the United Kingdom, the United States, France, Brazil, Portugal, and more recently, Argentina, Czech Republic, Mexico, Malaysia, Thailand, Pakistan, Egypt, China, Vietnam, Venezuela, the Philippines, and Russia.

Stock value of Toyota

[pic]

[pic]

2. Country analysis

Toyota Motor Sales, USA Inc. was eastablished on October 31, 1957. The first Toyota retail dealership was opened in Hollywood, CA and it was called Toyota Motor Sales, USA, Inc. Mission statement is “Moving People in a Better Way. Toyota’s mission statement is really a global vision about how to move people around the planet in a better way. Toyota has become one of the best automobile companies and one of the most popular car brands in the U.S. automobile



References: http://www.toyota.com/ http://www.toyota-global.com/events/ http://www.toyota-global.com/investors/financial_data/high-light.html http://www.toyota-global.com/investors/stock_information_ratings/outline.html

You May Also Find These Documents Helpful

  • Powerful Essays

    Tui Mgt 499 Module 2 Case

    • 1230 Words
    • 5 Pages

    Toyota Motor Corporation (TMC) is a global automaker based in Toyota, Aichi, Japan. The company is a global leading automaker in terms of sales and output, and it employs more than 320,808 people globally. Toyota’s main business is automobile manufacturing and financial services (Investopedia.com, 2011).…

    • 1230 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Bus4002 Business Report

    • 4988 Words
    • 20 Pages

    Toyota is a famous automaker in the world, and the full name is Toyota Motor Corporation. Toyota is a famous Japanese automaker and the corporate headquarters in Japan. In the 1934, the Toyota stills an important department of Toyota Industries. And in this year, Toyota…

    • 4988 Words
    • 20 Pages
    Better Essays
  • Best Essays

    Toyota is one of the leading manufacturers of vehicles in the United States and across the globe. Toyota is ranked #55 in Forbes, World’s Biggest Public Companies, and capturing sales of 202.8 billion and a market cap of 137.8 billion as of March 2011 (Forbes.com, 2011).” Founded in 1937 in Japan, Toyota now employs 320,590 with operations all over the world (Forbes.com, 2011). “Recognizing a growing market in the United States, in 1957 Toyota established its first sales, marketing and distribution subsidiary in the U.S. called Toyota Motor Sales Inc. (Gretto, M., Schotter, A., & Teagarden, M. 2009, p.2).” Over the years Toyota has manufactured and sold vehicles all over the world and is a leader in innovation and technology. However, in recent years Toyota has faced many setbacks that have consumers concerned about their safety and have Toyota looking for a way to get back their credibility.…

    • 1643 Words
    • 7 Pages
    Best Essays
  • Powerful Essays

    Toyota Motor Corporation (TOYOTA) is one of biggest automaker in the world. Main products are a passenger car, truck, bus, RV etc. The company headquartered in Toyota, Aichi, Japan which employed 300,734 people worldwide and was the third largest automobile manufacture in 2011 by production behind General Motors and Volkswagen Group. Toyota is the eighth largest company in the world by revenue (around 200 billion USD) in 2011. The company reported it had manufactured its 200million cars in 2012.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    U01A1

    • 1274 Words
    • 6 Pages

    The Toyota Motor Corporation was established in 1933 as a division of Toyoda Automatic Loom Works under the direction of Kiichiro Toyoda. In 1934, the company produced its first Type A engine at the encouragement of the Japanese government, and two years later the company produced its first passenger car, the Toyota AA and in 1937 was established as an independent company. In 1957 Toyota established its first sales, marketing, and distribution subsidiary in the U.S., called Toyota Motor Sales Inc. In 1982, Toyota Motor Corporation formed a joint venture with General Motors, called New United Motor Manufacturing, Inc. and began production in the U.S. in 1988 establishing new brands for this market. In 2009, Toyota employed more than 8,900 people and supervised 14 regional…

    • 1274 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Toyota motor corporate is a Japanese automotive manufacturer headquartered in Toyota, Aichi Japan. In 2013, the multinational corporation consisted of 333,498 employees worldwide and as of January 2014 is the 14th largest auto manufacturer in 2012 by production. It’s the worlds 1st automobile manufacturer to produce more than 10 million vehicles per year. It was founded by Kiichiro Toyoda in 1937 as a spinoff from his fathers company Toyota Industries to create automobiles. Toyota is now number 5 on the list of “Which Automotive Companies Lead the Innovation Race?” Their global vision is “Toyota will lead the way to the future of mobility, enriching lives around the world with the safest and the most responsible ways of moving people. Through our commitment to quality, and respect to the planet, we aim to exceed expectations and be rewarded with a smile. We will meet our challenging goals by engaging the talents and passion of people who believe there is always a better way.”…

    • 1760 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Paper

    • 1354 Words
    • 6 Pages

    Toyota Motor Corporation was founded in September 1933 as a division of Automatic Weaving Factory car Toyota, by Japanese inventor and industrialist, Sakichi Toyoda. The company 's car division and then separated on August 27, 1937 to create the Toyota Motor Corporation. In 1936 they launched their first passenger car. ("Biography Everything about Biography", 2012)…

    • 1354 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Toyota was established in Japan in 1937; Kiichiro Toyoda was the founder of full name Toyota Motor Corporation; Toyota has grown to become one of the world’s best know automobile manufacturer. Toyota philosophy, as to be “a good corporate citizen”, is to realize stable, long-term growth through striving car making by harmony with people, society and global environment. (http://www.toyota.co.jp/en/index_company.html - 19th December 2007)…

    • 4017 Words
    • 17 Pages
    Best Essays
  • Powerful Essays

    For more than 50 years, Toyota Motor Corporation has been one of the world’s leading manufacturers of motor vehicles in the United States. It was born a Japanese company in 1935 and came to America in 1957. Now headquartered in Toyota City, Japan, it employs more than 300 thousand employees globally (Toyota Motor Corporation Company Profile, 2012). In addition Toyota is a global marketing organization. It strategically operates primarily through Japan, Asia, Europe, and North America; but its vehicles are sold in more than 170 countries and regions across the globe (Toyota Motor Corporation Company Profile, 2012). The Toyota brand is traditionally defined by brand attributes such as global leadership, innovation, durability, reliability, and sustainability. It represents an industry leading product line of several models including the 1955 flop Toyopet, the 1965 comeback Corona, the Corolla, Toyota trucks, the luxury Lexus, the Avalon, Solara, Scion, and the world’s first hybrid the Prius.…

    • 2274 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Case Analysis

    • 935 Words
    • 4 Pages

    Toyota Motor Corporation is Japan’s number one carmaker. Toyota has international presence in over 170 countries worldwide. It manufactures cars, pickups, minivans, and SUVs include models such as Camry, Corolla, Qualls, Prado, Solara, the luxury Lexus line, and full-sized pickup trucks. It has huge financial strength, with large capitalizations, high technologies and high cost cutting strategies.…

    • 935 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    TMC headquarters are located at 1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Japan and employs over 325,000 (consolidated) worldwide (Toyota Motor Corporation Global). The companies main ventures are the production and sales of motor vehicles with its main brands including Toyota, Lexus and recently added, Scion. Spanning every continent, Toyota undergo operations worldwide totaling 170 countries.…

    • 1896 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Motor is one of the leading auto manufacturers in the world. Toyota sells its vehicles in more than 170 countries and regions worldwide. Toyota’s primary markets are Japan, North America, Europe and Asia. It is headquartered in Toyota City, Japan and employed about 316,121 people as on March 31, 2008.…

    • 1313 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Production System

    • 4687 Words
    • 19 Pages

    References: section of the case study. On practical terms, the TPS has become a benchmark for companies around the World, accounting for Fujitsu’s turnaround plan and Japan Post’s privatization in Japan, and various brands in the US, such as General Mills, helping these companies take a leap forward in the early years of the new millennium.…

    • 4687 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Toyota Jidōsha Kabushiki-gaisha?, TYO: 7203), commonly known simply as Toyota, is a multinational corporation headquartered in Japan. At its peak, Toyota employed approximately 320,000 people worldwide. It is the world's largest automobile maker by sales.…

    • 486 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Toyota Case Study

    • 885 Words
    • 4 Pages

    Toyota is a great company that has been very successful over the past couple of decades. Toyota was founded in 1926 by Sakichi Toyoda, and in 2006, 8.5 million vehicles had been produced. Toyota has surpassed Ford and is on its way on surpassing General Motors. Toyota still has its challenges and that is what the SWOT and Porter’s Five Force Analysis will show (Hill, Jones p. c61-c72).…

    • 885 Words
    • 4 Pages
    Good Essays