Preview

Toyota Financial Analysis

Satisfactory Essays
Open Document
Open Document
1400 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota Financial Analysis
TOYOTA
• PBUS 03 (2012) NPU

BY: Kavita, Danish, Rick

*
*Comprises of 3 ellipse *Heart of customer *Heart of product *technological advancement and opportunities that lies ahead

*
*1933: Automobile Department is established at Toyoda
Automatic Loom Works, Ltd. *1934: Created its first product, the Type A engine *1936: Built first passenger car, the Toyota AA. *1937: Toyota Motor Co., Ltd. is established. *1950: Company faces a financial crisis; Toyota Motor Sales Co., Ltd. is established. *1982: Toyota Motor Co., Ltd. and Toyota Motor Sales Co., Ltd. are merged into Toyota Motor Corporation. *1988: Toyota Motor Manufacturing, USA, Inc. (present TMMK) begins production. *2004: The Toyota Partner Robot is publicly unveiled.

*Mission Statement
"To attract and attain customers with highvalued products and services and the most satisfying ownership experience in America.”

*

*Vision Statement *Founder:
Japan

"To be the most successful and respected car company in America.“

* Kiichiro Toyoda in August 28,1937 * Toyota headquarters is in Toyota City,

*Location:

*Key people:

* Fjio Cho (Chairman) * Akio Toyoda (President) and CEO

*
*80% of Toyotas sold in the last 20 years are still on the road today. *Toyota has won more Total Quality Awards than any other automaker. *Many Toyota vehicles are actually manufactured in America. *Toyota has the highest owner loyalty of any automaker in the world. *Toyota earned the top spot in Interbrand’s 2011 ranking of the “Best Global Green Brands. *Toyota ranked first on the list of the top 50 brands, based on consumer and expert evaluations in 2011.

*
*Area Served: Worldwide *Employees: 324,747 (as of 2012) *51 manufacturing companies in 26 countries *First Toyota retail dealership was opened in 1957 in

Hollywood, CA and it was called Toyota Motor Sales, USA, Inc.

*Today, Toyota has 7 factories in the U.S.,15 in Japan, *9 Toyota Models Build in the U.S. *200,000: U.S. Jobs
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Tui Mgt 499 Module 2 Case
    • 1230 Words
    • 5 Pages

    Tui Mgt 499 Module 2 Case

    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
    Read More
  • Powerful Essays

    Operrations Improvement Plan John Megas U6A1 final
    • 3014 Words
    • 10 Pages

    Operrations Improvement Plan John Megas U6A1 final

    Toyota is one of the largest makers of automobiles with 7.4 million vehicles sold each year on five different continents. It has the unique advantage of being the best Japanese brand sold in the United States and to be number one in Europe (Taylor, 2010).…

    • 3014 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Mnc Essay
    • 1394 Words
    • 6 Pages

    Mnc Essay

    There are many big transnational corporations and Toyota Motor Corporation is one of them. They produce a full range of model offerings from mini vehicles to large trucks. In 1957 when the first prototypes of the crowns were exported to the United States Toyota had expanded the sales of the automobile across the entire globe. For more than fifty years Toyota vehicles have been sold in more than 170 countries and regions in throughout the world. They continue to develop their exports, and the localization of their bases. Their policy is “producing vehicles where the demand exists.” They have 51 bases in 26 different countries and regions. There is…

    • 1394 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Best Essays

    Operations Improvement Plan
    • 1643 Words
    • 7 Pages

    Operations Improvement Plan

    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
    Read More
  • Better Essays

    Mngt2001 Final Essay - Toyota Business Strategy
    • 1977 Words
    • 8 Pages

    Mngt2001 Final Essay - Toyota Business Strategy

    Toyota Motor Corporation is a multinational company which manufactures automobiles in 27 countries all over the world and Toyota’s vehicles are sold over 170 countries, not only under the Toyota logo, but are also sold as Lexus, Daihatsu and Hino. Toyota’s vision, as found on their website is “To be the most respected and admired company”, while their mission is “To deliver outstanding automotive products, and enrich our community, partners and environment.” Toyota’s core values comprise of putting the customer first, having respect for people, being focused internationally and to focus on continuous improvement and innovation.…

    • 1977 Words
    • 8 Pages
    Better Essays
    Read More
  • Powerful Essays

    Establish and Adjust the Marketing Mix
    • 2311 Words
    • 10 Pages

    Establish and Adjust the Marketing Mix

    Toyota is a leading company, and for over 70 years. It has been expanding business all over the world and developing products. The company has 12 percent of the global market share. We can see and buy products everywhere.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case Study of TOYOTA MOTOR CORPORATION
    • 548 Words
    • 2 Pages

    Case Study of TOYOTA MOTOR CORPORATION

    Toyota has worked tirelessly over the years to establish this distinctive competence. No other automobile manufacturer can do it as well as Toyota does. This competence has led to a competitive advantage that has given Toyota a sustainable brand name and a market leader position. 7…

    • 548 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    U01A1
    • 1274 Words
    • 6 Pages

    U01A1

    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
    Read More
  • Powerful Essays

    BUS 508 Promotional and Advertising Strategies 2
    • 1760 Words
    • 6 Pages

    BUS 508 Promotional and Advertising Strategies 2

    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
    Read More
  • Better Essays

    Lean Manufacturing and Toyota Production
    • 1110 Words
    • 5 Pages

    Lean Manufacturing and Toyota Production

    The current distribution of Toyota production faculties are 10 in the United States, 3 in Canada and one in Mexico. Toyota began setting up production facilities back in 1984, when it became partners with General Motors Corp believing it was important to have manufacturing and production facilities on site, to better cater to the needs of the customer in that local market. Since that time sales have sky rocketed and they have production facilities in North America, which have shown to be quite profitable. This philosophy has proven to be successful as production facilities grew from 1 to 13. The first plant in the U.S. was in Fremont, California better known as “Nummi”, built 375,000 automobiles which closed in 2010. Another profitable plant is located in Indiana called “TMMI”, production capacity is about 150,000 vehicles which opened in 1996. Kentucky is another plant worth mentioning, whose production capacity is about 500,000 which opened in 1996. (“Toyota assembly and parts plant, n.d.) and Canada which opened in 1984 was the 3rd plant to open and now operates three plants in which lets them build “500,0000 cars annually” (History and Milestones, n.d.). According to Toyota, “Toyota’s thirteen North American manufacturing plants that make 11 Toyota and Lexus models have earned 11 segment awards out of a possible 19 in the 2008 J.D. power and Associates Vehicle Depandability StudySM (VDS), more than any other manufacturer, for the third consecutive year” (Toyota in North America, n.d.).…

    • 1110 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    Week 5 Final Paper Financial Statement For Toyota
    • 2237 Words
    • 12 Pages

    Week 5 Final Paper Financial Statement For Toyota

    In tough times and good times, you will see Toyota Motor Corp. at the top of the list for automobile manufactures around the World. During the collapse of the United States mortgage industry many businesses and economies around the World started failing and even became bankrupt and needed bailouts to survive. Toyota stayed on par with the big three auto manufactures in the United States without needing help from our federal government like the rest of them did. “Even after becoming the first auto company to make more than 10 million cars in a single year, Toyota Motor Corp. said Tuesday that it would refrain from building any new plants for at least two more years. Nobuyori Kodaira, executive vice president of Toyota, said that the company planned to heed the lessons it learned during the global financial crisis that began in 2007, when it struggled for several years with overcapacity before demand recovered (Pfanner 2014)”. As a result of an economic recession, Toyota’s sales were down in 2008, but the Toyota brand outsold Chevrolet to become the number one selling automotive brand in America, and Camry retained its crown as the number one selling car in the nation for the eleventh time in twelve years.…

    • 2237 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Toyota Operations Improvement Plan
    • 2274 Words
    • 10 Pages

    Toyota Operations Improvement Plan

    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
    Read More
  • Powerful Essays

    Report of Toyota Prius Sales Forecast
    • 8611 Words
    • 35 Pages

    Report of Toyota Prius Sales Forecast

    Toyota started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda.[10] Its first vehicles were the A1 passenger car and the G1 in 1935. Toyota Motor Co. was established as an independent company in 1937.…

    • 8611 Words
    • 35 Pages
    Powerful Essays
    Read More
  • Best Essays

    International Business- Toyota
    • 3032 Words
    • 9 Pages

    International Business- Toyota

    Toyota Motor Corporation was founded by Kiichiro Toyoda in 1937. Kiichiro traveled to the United States where he visited a number of automobile production plants and when he returned to Japan, he produced his first prototype vehicle. General Motors and Ford were already operating their assembly plants in Japan, but this did not stop Toyoda to do what he wanted. (Abilla, 2007)…

    • 3032 Words
    • 9 Pages
    Best Essays
    Read More
  • Good Essays

    ihrm
    • 4848 Words
    • 20 Pages

    ihrm

    Toyota Company was founded in 1933 as one of divisions of Toyoda Automatic Loom Works. Kiichiro Toyoda is the founder of the company. 1937. This Company is the largest car producer of the world in 2010. Toyota employed 300,734 people worldwide, and was the largest automobile manufacturer in 2010 by production. Toyota is the eleventh largest company in the world by revenue. In July 2012 this company informed that it produced the 200 millionth cars. The Toyota Motor Corporation started with humble beginnings. Kiichiro Toyoda in 1933 visited the United States and several automobile plants. He returned to Japan and started an automobile division in his father 's loom factory. Toyota set up a headquarters in Hollywood in 1957. The first Toyota car registered in the United States was a 1958 Toyopet, sold in 1958.In 1959; the company opened its first plant outside Japan - in Brazil. The first Americanized Toyota — the Tiara, otherwise known as the Toyota Corona PT20 — came out in 1964.…

    • 4848 Words
    • 20 Pages
    Good Essays
    Read More

Related Topics