MIRA INFORM REPORT
|
Report Date : |
06.09.2013 |
IDENTIFICATION DETAILS
|
Name : |
HINO MOTORS, LTD. |
|
|
|
|
Registered Office : |
3-1-1, Hinodai,
Hino-Shi, 191-8660 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2013 |
|
|
|
|
Date of Incorporation : |
01.05.1942 |
|
|
|
|
Legal Form : |
Public
Subsidiary Company |
|
|
|
|
Line of Business : |
·
manufacturer
and sale of trucks, buses and other automobiles, as well as the development and
design of related products, in addition to the provision of related services ·
Subject
is also involved in the processing of metal plates and the manufacturing of
processed machinery parts, cast parts and dies
· Subject line of trucks includes Super Dolphin Profia Teravie, a heavy-duty truck; Ranger-Pro, a medium-duty truck, and Dutro, a light-duty truck |
|
|
|
|
No. of Employees : |
27,705 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Japan |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
japan ECONOMIC OVERVIEW
In the years following World War
II, government-industry cooperation, a strong work ethic, mastery of high
technology, and a comparatively small defense allocation (1% of GDP) helped Japan
develop a technologically advanced economy. Two notable characteristics of the
post-war economy were the close interlocking structures of manufacturers,
suppliers, and distributors, known as keiretsu, and the guarantee of lifetime
employment for a substantial portion of the urban labor force. Both features
are now eroding under the dual pressures of global competition and domestic
demographic change. Japan's industrial sector is heavily dependent on imported
raw materials and fuels. A small agricultural sector is highly subsidized and
protected, with crop yields among the highest in the world. While
self-sufficient in rice production, Japan imports about 60% of its food on a
caloric basis. For three decades, overall real economic growth had been spectacular
- a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in
the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely
because of the after effects of inefficient investment and an asset price
bubble in the late 1980s that required a protracted period of time for firms to
reduce excess debt, capital, and labor. Modest economic growth continued after
2000, but the economy has fallen into recession three times since 2008. A sharp
downturn in business investment and global demand for Japan's exports in late
2008 pushed Japan into recession. Government stimulus spending helped the
economy recover in late 2009 and 2010, but the economy contracted again in 2011
as the massive 9.0 magnitude earthquake and the ensuing tsunami in March
disrupted manufacturing. The economy has largely recovered in the two years
since the disaster, but reconstruction in the Tohoku region has been uneven.
Newly-elected Prime Minister Shinzo ABE has declared the economy his
government's top priority; he has pledged to reconsider his predecessor's plan
to permanently close nuclear power plants and is pursuing an economic
revitalization agenda of fiscal stimulus and regulatory reform and has said he
will press the Bank of Japan to loosen monetary policy. Measured on a
purchasing power parity (PPP) basis that adjusts for price differences, Japan
in 2012 stood as the fourth-largest economy in the world after second-place
China, which surpassed Japan in 2001, and third-place India, which edged out
Japan in 2012. The new government will continue a longstanding debate on
restructuring the economy and reining in Japan's huge government debt, which
exceeds 200% of GDP. Persistent deflation, reliance on exports to drive growth,
and an aging and shrinking population are other major long-term challenges for
the economy.
|
Source : CIA |
Company name & address
HINO MOTORS, LTD.
3-1-1, Hinodai
Hino-Shi,
191-8660
Japan
Tel: 81-42-5865111
Fax: 81 (3) 5419-9363
Web: www.hino-global.com
synthesis
Employees: 27,705
Company Type: Public
Subsidiary
Corporate Family: 809 Companies
Ultimate Parent: TOYOTA MOTOR CORPORATION
Traded: Tokyo Stock Exchange: 7205
Over The Counter: HINOY
Incorporation
Date: 01-May-1942
Auditor: PricewaterhouseCoopers
LLP
Financials in: USD (Millions)
Fiscal Year End: 31-Mar-2013
Reporting
Currency: Japanese Yen
Annual Sales: 18,577.2 1
Net Income: 574.7
Total Assets: 9,601.9 2
Market Value: 7,757.5
(23-Aug-2013)
Business Description
HINO MOTORS, LTD.
is a Japan-based manufacturing company. The Company is engaged in the
manufacture and sale of trucks, buses and other automobiles, as well as the
entrusted manufacture according to the order from TOYOTA MOTOR CORPORATION.
Additionally, the Company is also involved in the development and design of
related products, in addition to the provision of other services. As of March
31, 2012, the Company had 74 subsidiaries and 23 associated companies. For the
three months ended 30 June 2013, HINO MOTORS, LTD. revenues increased 11% to
Y413.87B. Net income applicable to common stockholders increased from Y10B to
Y22.82B. Revenues reflect an increase in demand for the Company's products and
services due to favorable market conditions. Net income benefited from NOP
Exchange Loss decrease of 41% to Y1.17B (expense), NOP Other Non Op .Exp.
decrease of 26% to Y248M (expense).
Industry
Industry Motor Vehicle Manufacturing
ANZSIC 2006: 231 - Motor Vehicle and Motor Vehicle Part
Manufacturing
ISIC Rev 4: 2910 - Manufacture of motor vehicles
NACE Rev 2: 2910 - Manufacture of motor vehicles
NAICS 2012: 336111 - Automobile Manufacturing
UK SIC 2007: 2910 - Manufacture of motor vehicles
US SIC 1987: 3711 - Motor Vehicles and Passenger Car
Bodies
Key Executives
|
Name |
Title |
|
Yasuhiko Ichihashi |
President, Representative Director |
|
Kosuke Fukutani |
Managing Executive Officer |
|
Yoshio Shirai |
President |
|
Yukitoshi Funo |
Auditor |
|
Koichi Ojima |
Vice President, Chairman of Subsidiary, Director |
Financial
Summary
|
Stock
Snapshot
|
1 - Profit &
Loss Item Exchange Rate: USD 1 = JPY 82.97047
2 - Balance Sheet
Item Exchange Rate: USD 1 = JPY 94.08855
Corporate Overview
Location
3-1-1, Hinodai
Hino-Shi, 191-8660
Japan
Tel: 81-42-5865111
Fax: 81
(3) 5419-9363
Web: www.hino-global.com
Quote Symbol - Exchange
7205 - Tokyo Stock Exchange
Sales JPY(mil): 1,541,357.0
Assets JPY(mil): 903,427.0
Employees: 27,705
Fiscal Year End: 31-Mar-2013
Industry: Auto
and Truck Manufacturers
Incorporation Date: 01-May-1942
Company Type: Public
Subsidiary
Quoted Status: Quoted
President, Representative Director:
Yasuhiko Ichihashi
Industry Codes
ANZSIC 2006 Codes:
231 - Motor Vehicle and Motor Vehicle Part
Manufacturing
2499 - Other Machinery and Equipment
Manufacturing Not Elsewhere Classified
ISIC Rev 4 Codes:
2910 - Manufacture of motor vehicles
2811 - Manufacture of engines and turbines,
except aircraft, vehicle and cycle engines
NACE Rev 2 Codes:
2910 - Manufacture of motor vehicles
2811 - Manufacture of engines and turbines,
except aircraft, vehicle and cycle engines
NAICS 2012 Codes:
336111 - Automobile Manufacturing
333618 - Other Engine Equipment Manufacturing
US SIC 1987:
3711 - Motor Vehicles and Passenger Car
Bodies
3519 - Internal Combustion Engines, Not
Elsewhere Classified
UK SIC 2007:
2910 - Manufacture of motor vehicles
2811 - Manufacture of engines and turbines,
except aircraft, vehicle and cycle engines
Business Description
HINO MOTORS, LTD. is a Japan-based manufacturing
company. The Company is engaged in the manufacturing and sale of trucks, buses
and other automobiles, as well as the development and design of related
products, in addition to the provision of related services. Through its
subsidiaries, the Company is also involved in the processing of metal plates
and the manufacturing of processed machinery parts, cast parts and dies.
Headquartered in Tokyo, HINO MOTORS has 71 subsidiaries and 28 associated
companies in Japan, Thailand, the United States, Australia and Indonesia.
The Company's line of trucks includes Super Dolphin
Profia Teravie, a heavy-duty truck; Ranger-Pro, a medium-duty truck, and Dutro,
a light-duty truck. Hino Motors offers two models of large-sized bus: Selega R
and Blue Ribbon City; two models of medium-sized bus: Melpha 9 and Rainbow, and
three models of small-sized bus: Melpha 7, Liesse and Liesse II. In Japan, it
sells trucks and buses through a nationwide network of 43 dealers. Of these, 27
are consolidated subsidiaries. In April 2003, Hino Motors began producing
completely finished trucks. Instead of using truck body manufacturers, the
Company has transferred some assembly processes to in-house facilities. Hino
Motors has a completely integrated truck chassis and body assembly capability
in the light-duty truck category, a change that will help strengthen its earnings
base and reduce delivery times.
During the fiscal year ended March 31, 2003 (fiscal
2003), sales of Hino Motors' trucks and buses in Japan grew 1.9%, or 663 units,
to 34,857 units, largely on a par with fiscal 2002. Sales of heavy-duty trucks rose
3.5% to 10,655 units, representing an increase in market share of 0.1 of a
percentage point to 28.2%. Sales of medium-duty trucks grew 1.9% to 12,031
units, representing a stable market share of 29.3%, a slight year-on-year
decline of 1.1 percentage point. In the domestic market for light-duty trucks,
sales remained stable at 10,120 units, an increase in market share of 0.1 of a
percentage point to 10.6%. Domestic sales of buses produced by Hino Motors rose
2.1% to 2,051 units. Sales of Hino Motors' trucks and buses overseas, primarily
in Southeast Asia, jumped 20.0%, or 4,295 units, to 25,743 units. Hino Motors
recorded an increase in vehicles manufactured under commission to TMC, with
production up 35.9%, or 50,698 units, to 191,743 units. Driving this increase
were strong sales of HiLux models, mainly to the Middle East, and HiLux Surf
variants, following a full model relaunch in November 2002.
Diesel-powered vehicles in Japan will need to
conform to new, stricter emissions regulations from October 2003. As the
deadline nears, many commercial vehicle users are updating their fleets. As one
of Japan's suppliers of diesel powertrains, Hino Motors has always given
priority to resolving environmental issues associated with diesel engines. The
Company has created greener diesel engines by developing and incorporating the
latest innovations in emissions control technology, such as common rail fuel
injection systems, electronically controlled Variable Geometry turbochargers,
and Exhaust Gas Recirculation systems. Hino Motors has also worked to reduce
emissions at the exhaust stage of the combustion process by fitting Diesel
Particulate active Reduction system and Particulate Matter traps to its trucks
and buses
More Business Descriptions
HINO MOTORS, LTD. is a Japan-based manufacturing
company. The Company is engaged in the manufacture and sale of trucks, buses
and other automobiles, as well as the entrusted manufacture according to the
order from TOYOTA MOTOR CORPORATION. Additionally, the Company is also involved
in the development and design of related products, in addition to the provision
of other services. As of March 31, 2012, the Company had 74 subsidiaries and 23
associated companies. For the three months ended 30 June 2013, HINO MOTORS,
LTD. revenues increased 11% to Y413.87B. Net income applicable to common
stockholders increased from Y10B to Y22.82B. Revenues reflect an increase in
demand for the Company's products and services due to favorable market
conditions. Net income benefited from NOP Exchange Loss decrease of 41% to
Y1.17B (expense), NOP Other Non Op .Exp. decrease of 26% to Y248M (expense).
Manufacture of medium and heavy vehicles, including
trucks and buses
Medium & Heavy Duty Diesel Trucks, Buses &
Light Commercial Vehicles Mfr
Hino Motors Ltd. (Hino) is a Japan-based
manufacturing company. It carries out operations in the manufacturing of heavy
duty trucks, buses and other vehicles. Products offered by the company includes
light-commercial vehicles, trucks and buses, passenger vehicles and a variety
of spare parts, and engines. The company operates through 20 consolidated
subsidiaries and affiliated companies in Japan and 8 subsidiaries and
affiliated companies in overseas market. It operates in Indonesia, Malaysia,
China, Thailand, Canada, U.S.A., Mexico, Pakistan, Australia, Russia, Belgium,
Colombia, Vietnam and India. Hino also produces compact commercial vehicles and
passenger cars for Toyota Motor Corporation. The company manufactures trucks
including heavy duty trucks, medium duty trucks and light duty trucks under the
name of Hino 700 series, Hino 600 series and Hino 300 series. Buses
manufactured include hybrid route buses and touring coaches. The company also
manufactures and distributes engines namely industrial engines, marine engines
and automotive engines. Under the HINO brand, the company represents the Toyota
Group in the global market for heavy-duty trucks and buses. The company also
produces Toyota-badged vehicles on commission, including Toyota 's popular
sport-utility vehicle, the 4Runner; FJ Cruiser; Dyna trucks; and Toyoace
commercial vehicles. For the fiscal year ended March 2012, the company sold
134,836 units of trucks and buses including 37,290 units in Japan and 90,228
units in Overseas market. For the fiscal year ended, total demand in the
Japanese domestic heavy-and medium-duty trucks market increased to 59,000
units, increase of 15.4% compared to the previous financial year. Light-duty
truck market also experienced an increase of 19.9% resulting to 65,000 units.
The company classifies its revenue into four divisions, namely Trucks and
Buses, Toyota Brand, Supplies and Parts and Others. Trucks and Buses
contributed JPY608197m, while Toyota Brand contributed JPY331,181m; Service
Parts contributed JPY77,641m and Others contributed JPY297,568m during the
fiscal year 2012. The company's subsidiaries include Hokkaido Hino Motor Ltd.,
Chiba Hino Motor Ltd., Tokyo Hino Motor Ltd., and Yokohama Hino Motor Ltd. The
subsidiaries also include Shizuoka Hino Motor Ltd, Osaka Hino Motor Ltd., Kobe
Hino Motor Ltd, Kyushu Hino Motor Ltd. and other domestic and overseas sales
subsidiaries. In October 2011, the company started the construction of new
plant in Koga City, Ibaraki Prefecture, producing KD parts to be assembled in
overseas plants and launches its operation in 2012.
Hino Motors Ltd. (Hino), is active in the
manufacturing and distribution of heavy-duty trucks and buses. The company's
product portfolio includes light commercial vehicles, trucks and buses,
passenger vehicles and a variety of spare parts, and engines. The company also
undertakes commissioned production of compact commercial vehicles and passenger
cars for Toyota Motor Corporation. Hino operates through subsidiaries and
affiliated companies in Japan and overseas markets. The company's production
and salses structure are planned basing on seperate regional segments. Hino
operates principally in Indonesia, Malaysia, China, Thailand, Canada, the US,
Mexico, Pakistan, Australia, Russia, Belgium, Colombia, Vietnam and India. The
company is headquartered in Tokyo, Japan.The company reported revenues of (Yen)
JPY 1,541,357.00 million during the fiscal year ended March 2013, an increase
of 17.25% over 2012. The operating profit of the company was JPY 63,957.00
million during the fiscal year 2013, an increase of 251.10% over 2012. The net
profit of the company was JPY 47,686.00 million during the fiscal year 2013, an
increase of 192.48% over 2012.
Hino Motors, Ltd. is the leading manufacturer of
commercial trucks and buses. Hino has produced a whole series of commercial
vehicles which power the transportation industry. Its products include trucks
and buses, light-commercial vehicles, passenger vehicles (commissioned from
Toyota Motor Corporation), various types of engines and spare parts. Its U-RU
S'ELEGA, is a super deluxe touring coach that cleared new emissions
regulations, and has a new body and chassis design. The coach dominates the
heavy duty touring coach market. Under the Hino brand, the company represents
the Toyota Group in the global market for heavy-duty trucks and buses. Hino
produces Toyota-badged vehicles on commission, including Toyota's popular
sport-utility vehicle, the 4Runner; Dyna trucks; and Toyoace commercial
vehicles. Hino is headquartered in Tokyo.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Strategic Initiatives
Sales and Distribution
It is forecast
that the sales of hybrid vehicles could reach 7.9 million in 2030. Various automobile
manufacturers, such as Chrysler, Volkswagen, BMW, and Mercedes, among others,
are involved in research projects related to hybrid vehicles, working to revamp
their fleet; Ford conducts research related to direct injection, turbo and
variable valve;. Toyota continues to focus on its plans to make hybrids
available across its fleet; GM is strengthening its product line up with the
reintroduction of electric vehicle with its plug-in hybrid Volt; and Nissan is
also leaning on electric vehicle introduction. Thus, with unconventional and
hybrid vehicles likely to become the mainstay in the future automobile market,
the company could find huge opportunities to garner higher market share and
increase its revenue. Capacity Expansion The company intends to build a new
plant (Koga Plant) in Koga City, Ibaraki Prefecture. The factory would produce
KD parts to be assembled at overseas plants.
|
|
Helpful |
Harmful |
|
Internal Origin |
Strengths ·
Focused
Research and Development |
Weaknesses |
|
External Origin |
Opportunities |
Threats |
Overview
Hino Motors, Ltd.
is one of the leading manufacturers of trucks and buses in Japan. It provides
comprehensive range of trucks and buses, light-commercial vehicles, passenger
vehicles (commissioned from Toyota Motor Corporation) and various types of
engines and spare parts. The company's leading market position in truck and bus
market in Japan and significant overseas presence are its strengths. However,
growing competitive market and rise in input costs are major threats to the
company operations and potential in the emerging markets, increasing demand for
fuel efficient vehicles, and expansion plans provides an opportunity for the
company to grow its revenue.
Strengths
Focused Research and Development
The company has
strong research and development unit. It has a strong focus on research and
development activities. It is actively carries out the technology development
towards safety and environment friendly vehicles with objective to produce
emission free vehicles and vehicles that would reduce traffic casualties to
zero. The company is also working to come out with more efficient safety
technology. It has designated four types of accidents as its research area on
this front: rear-end collision by a large vehicle; frontal collision between a
heavy-duty trucks and a passenger car; personal injury through a heavy-duty
trucks; and accidents involving light-duty trucks, at intersections. Hino is
also involved into range of activities in dealing with the energy issue. The
company also develops hybrid vehicles and clean diesel engines as its effort to
come up with environment friendly vehicles. The strong research and development
focus enables the company to offer innovative products and maintain competitive
position. In 2011, the company launched new light-duty cab-over-engine truck.
Diversified Geographic Operations
The company has
presence across geographic regions, namely, Japan, Asia, Central and South
America, North America, Europe/Africa, Oceania and the Middle East. It has its
overseas operations in more than 70 countries worldwide. For the fiscal year
ended March 2012, the company generated JPY 1,113,527m from Japan which
accounts for 72.8% % of the total net sales of the company. Hino generated
20.57% of sales in Asia and 6.63 % from other areas. In terms of sales growth
of revenue, key markets include Japan (9.5% growth over 2011), others (7.5%)
and Asia (5.7%). The company's diversified sales in different regions across
the globe enable it to serve worldwide demand for automotive products.
Operational Performance
The company
manufactures and distributes heavy-duty trucks and buses. It offers trucks
including heavy duty trucks, medium duty trucks and light duty trucks under the
name of Hino 700 series, Hino 600 series and Hino 300 series. Buses manufactured
include hybrid route buses and touring coaches. The company also manufactures
and distributes engines namely industrial engines, marine engines and
automotive engines. The company has a market share of 32.2% of the heavy duty
trucks, 40.4% of the medium-duty trucks, 20.6% of the light-duty trucks and
31.5% of buses in the Japanese market. The total vehicles sold by the company
for the fiscal year 2012 accounted for 128.5 thousand vehicles, an increase of
13.8% over 2011. In Japan, the company sold around 36.9 thousand vehicles, an
increase of 23% over the previous year. In Overseas, Hino sold 91.6 thousand
vehicles, which grew by 10.5% over the previous year. Net sales of the company
accounted to JPY1,314,588m for the fiscal year ended 2012, an increase of 5.8%.
Key markets in term of volume sold include Asia with 47.13% of the total
vehicles sold for the fiscal year ended 2012, followed by Japan with 28.74%,
Central and South America with 8.78%, North America with 4.89%, Europe/Africa
with 4.85%, Oceania with 3.14% and Middle East with 2.47%. In order of sales
growth in volume, key markets of the company include North America (29.7%
growth over 2011), Europe/Africa (28%), Japan (23%) and Asia (11.9%). However,
Oceania and the Middle East reported decreased growth rate in 2012.
Weaknesses
Product Recalls
In January 2012,
the company recalled Hino 300 series vehicles in Australia. Reason for this
recall is an error in the casting of the steering wheel boss and the horn harness
could be damaged or cut off when the steering wheel is turned. In 2012, the
company also recalled steering component in the US in the models Hino Ne8j,
which affects around 62 vehicles. Power Train component has been responsible
for the recall of the company’s Hino Nv8j Power Train in 2012. Similarly,
various other products of the company have been recalled in 2011 and 2012,
affecting its revenues. Product recalls also affect its long-term performance
by reducing customer confidence.
Declining Cash Reserves
The company
reported a decrease in its cash and cash equivalents for the fiscal year ended
2012. The company had JPY25,850m in cash and cash equivalents as of March,
2012, as compared to cash and cash equivalents of JPY33,929m in 2011, reflecting
a decrease of 23.8%. The decrease in cash reserves was due to the drastic
decrease in cash flows from operating activities. As a result, the company
recorded net change in cash of (JPY8,629m) in 2012, as compared to net change
in cash of JPY3769m in 2011. Decreasing cash reserves indicate the company’s
inability to obtain additional debt to finance acquisitions, capture business
opportunities, and meet capital expenditure or other capital requirements in
the future.
Opportunities
Growth in Emerging Markets
Demand for
vehicles in Brazil, India, China and Russia is expected to grow to 12.8 million
units between 2012 and 2016. For 2012, demand for cars is expected to increase.
China, the world's largest car market, is expected to grow by 6%, to 18.5 million.
US car market is forecast to grow by around 6% to 13.5 million units. The
impact of natural disaster in Japan is expected to result in catch-up effect as
a result of production loss. Japanese market is forecast to grow by 20% to 4.8
million units. Indian car market is expected to register one of the highest
growth rates. Brazilian and Russian markets are estimated to grow slowly. The
company could look forward to growth across emerging and maintain position in
mature markets.
Fuel Efficient Vehicles
The company could
find increased opportunities with fuel efficient vehicles, which feature
advanced technologies such as hybrids, clean diesel engines, flexible-fuel
ethanol vehicles and a turbocharged direct injection system. The company
converted three assembly plants in North America to support the demand for
smaller and fuel-efficient vehicles. According to Energy Information
Administration (US Government), the sale of unconventional vehicles (hybrid)
accounts for 40% of the total Light Duty Vehicles (LDV) sales. The total sale
of hybrid vehicles is estimated to increase from 2.3% of new LDV sales in 2007
to 20.6%, and 39.6% by 2015 and 2030, respectively. It is forecast that the
sales of hybrid vehicles could reach 7.9 million in 2030. Various automobile
manufacturers, such as Chrysler, Volkswagen, BMW, and Mercedes, among others,
are involved in research projects related to hybrid vehicles, working to revamp
their fleet; Ford conducts research related to direct injection, turbo and
variable valve;. Toyota continues to focus on its plans to make hybrids
available across its fleet; GM is strengthening its product line up with the
reintroduction of electric vehicle with its plug-in hybrid Volt; and Nissan is
also leaning on electric vehicle introduction. Thus, with unconventional and
hybrid vehicles likely to become the mainstay in the future automobile market,
the company could find huge opportunities to garner higher market share and
increase its revenue.
Capacity Expansion
The company
intends to build a new plant (Koga Plant) in Koga City, Ibaraki Prefecture. The
factory would produce KD parts to be assembled at overseas plants. The plant
could launch its operation in spring of 2012. The plant will play a key role in
supporting the company in terms of production and supply to grow in global
markets and attain worldwide sales of 230,000 units. This new plant will also
serve as the mother factory which could transmit technologies and skills to
other plants of the company worldwide.
Threats
Rise in Input Costs
The increasing
price of raw materials could concern the company. The key raw materials used in
the automobile industry include rolled steel, aluminum, glass, plastic and
other resin materials. As per the Bureau of Labor Statics, producer price
indexes for core raw material inputs such as rolled steel, primary aluminum,
plastic materials and resins have increased by 95.81%, 90% and 85.27%
respectively for the last decade. Thus rising input costs could have a major
impact on the operational costs of the company, which could not be easily
transferred to the customers as the intense competition could lure away its
customers through their low price offerings. As a result, the margins of the
company could be affected.
Growing Competitive Market
The intense competition
existing in the global automotive industry poses threat to the company. Due to
the increasing number of new players added, the overall manufacturing capacity
in the industry is currently exceeding the demand. Such excess capacity has
been leading to the principal competitors of the company offering marketing
incentives such as subsidized financing, price rebates, leasing programs and
others on the vehicles, in order to sustain and improve their market share.
Higher competition is leading to the company’s inability to increase prices
of its products to an extent that would offset cost increases of raw materials,
or the adverse currency fluctuations in the US and the European markets. The
company could be impacted due to the growing competition in the market. The
company faces firm competition from players like AB Volvo, Tata Motors.,
DaimlerChrysler AG, Isuzu Motors Limited, and Navistar International
Corporation and other international players. Rising competition may also force
the company to reduce its prices which in turn may adversely affect its
margins.
Strict Emissions Control
The company could
face increased challenges due to the imposition of new emission and safety
standards in various countries. Japan has emissions regulations for motorcycles,
which is applicable to all types of engine displacement. Some aspects of these
regulations, such as standards for hydro-carbon levels and durability, are
stricter than the current European regulations, namely the Euro3 regulations.
The Ministry of Land, Infrastructure and Transport (MLIT) introduced the
Worldwide Harmonized Motorcycle Emissions Certification Procedure (WMTC) and
its applicable standards in 2010. It will apply to new models from October 1,
2012. In the US, emissions regulations for off-road motorcycles and ATVs were
introduced in 2006. The EPA adopted the current California emissions standards
for on-road motorcycles on a national basis, two years behind California. The
new regulations include fuel permeation requirements rather than traditional
evaporative emission standards. The EPA introduced more stringent exhaust
standards and new evaporative emission standards for fuel tanks and fuel lines
that are used in small non-road engines. The regulation is effective for the
2011 model year for Class II engines (above 225 cc), the 2012 model year for
Class I engines (less than 225 cc, used in non-handheld applications) and for
2010 handheld products. Europe maintains emissions regulations (Euro3) for
motorcycles, and the 'Motor Cycle (& Moped)- Whole Vehicle Type Approval
(WVTA)', a uniform certification system for two and three-wheeled motor
vehicles. The Euro3 regulations are the most stringent class standard for
motorcycles. Euro3 regulations have been in effect from January 2006. The European
Commission introduced a recast proposal of WVTA which contains Euro4, Euro5 and
Euro6 stage regulations. In China, an exhaust emission standard was introduced
on March 1, 2011. Its requirements, based on the European exhaust emission
regulation, are applicable to small spark-ignition engines for non-road mobile
machinery with 19kW or less.
|
|
|
Corporate Family |
Corporate
Structure News: |
|
|
TOYOTA
MOTOR CORPORATION |
|
HINO MOTORS, LTD. |
|
|
|
|
|
Company
Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Toyota-Shi |
Japan |
Motor Vehicle Manufacturing |
265,928.3 |
333,498 |
|
|
|
Acquisition of
Renesas Electronics Corporation proposed/announced.See corporate
structure news on TOYOTA
MOTOR CORPORATION for details |
|||||||
|
Affiliates |
Minato-Ku |
Japan |
Metal Products Manufacturing |
75,983.1 |
48,336 |
|
|
|
Subsidiary |
Sevres |
France |
Motor Vehicle Wholesale |
4,606.8 |
11,415 |
|
|
|
Subsidiary |
Apapa, Lagos |
Nigeria |
Motor Vehicle Wholesale |
5.2 |
2,770 |
|
|
|
Subsidiary |
Grand Quevilly |
France |
Health and Personal Care Wholesale |
1,245.4 |
1,300 |
|
|
|
Subsidiary |
Le Grand-Quevilly |
France |
Health and Personal Care Wholesale |
395.1 |
80 |
|
|
|
Subsidiary |
Le Port |
France |
Health and Personal Care Wholesale |
114.8 |
74 |
|
|
|
Subsidiary |
Matoury |
France |
Health and Personal Care Wholesale |
27.2 |
14 |
|
|
|
Subsidiary |
Suresnes |
France |
Miscellaneous Wholesale |
8.1 |
7 |
|
|
|
Subsidiary |
Abidjan |
Cote d'Ivoire |
Motor Vehicle Wholesale |
|
735 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Motor Vehicle Wholesale |
|
400 |
|
|
|
Subsidiary |
Dakar |
Senegal |
Motor Vehicle Wholesale |
143.3 |
376 |
|
|
|
Subsidiary |
Lagos |
Nigeria |
Electronics Wholesale |
|
375 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Motor Vehicle and Parts Dealers |
|
337 |
|
|
|
Subsidiary |
Nairobi |
Kenya |
Motor Vehicle Wholesale |
0.7 |
275 |
|
|
|
Pending merger
with Toyota Kenya Ltd..See corporate
structure news on
TOYOTA MOTOR CORPORATION for details |
|||||||
|
Subsidiary |
Libreville |
Gabon |
Motor Vehicle Wholesale |
77.1 |
238 |
|
|
|
Subsidiary |
Sainte Clotilde |
Reunion |
Motor Vehicle and Parts Dealers |
169.9 |
201 |
|
|
|
Subsidiary |
Kinshasa |
Congo |
Motor Vehicle Wholesale |
|
200 |
|
|
|
Subsidiary |
Douala |
Gabon |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
160 |
|
|
|
Subsidiary |
Accra |
Ghana |
Motor Vehicle Wholesale |
47.2 |
138 |
|
|
|
Subsidiary |
Sèvres |
France |
Motor Vehicle Wholesale |
752.5 |
137 |
|
|
|
Subsidiary |
Lusaka |
Zambia |
Motor Vehicle Wholesale |
4.0 |
120 |
|
|
|
Subsidiary |
Abidjan |
Cote d'Ivoire |
Miscellaneous Manufacturing |
|
115 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Computer Programming |
|
100 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Motor Vehicle Wholesale |
|
75 |
|
|
|
Subsidiary |
Cotonou |
Benin |
Motor Vehicle Wholesale |
|
70 |
|
|
|
Subsidiary |
Abidjan |
Cote d'Ivoire |
Alcoholic Beverage Wholesale |
|
67 |
|
|
|
Subsidiary |
Dakar |
Senegal |
Computer System Design Services |
|
67 |
|
|
|
Subsidiary |
Ouagadougou |
Burkina Faso |
Computer Programming |
|
40 |
|
|
|
Subsidiary |
Kampala |
Uganda |
Health and Personal Care Wholesale |
|
33 |
|
|
|
Subsidiary |
Bamako |
Mali |
Computer System Design Services |
|
32 |
|
|
|
Subsidiary |
Le Grand-Quevilly, Seine-Maritime |
France |
Health and Personal Care Wholesale |
229.6 |
30 |
|
|
|
Subsidiary |
Abidjan |
Cote d'Ivoire |
Motor Vehicle Wholesale |
|
29 |
|
|
|
Subsidiary |
Douala |
Cameroon |
Motor Vehicle and Parts Dealers |
|
25 |
|
|
|
Subsidiary |
Dar es Salaam |
Tanzania |
Health and Personal Care Wholesale |
|
15 |
|
|
|
Subsidiary |
Semur-en-Auxois, Cote-d'Or |
France |
Professional and Commercial Equipment Wholesale |
|
8 |
|
|
|
Subsidiary |
Suresnes |
France |
Advertising Services |
0.6 |
7 |
|
|
|
Subsidiary |
Liverpool |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
1 |
|
|
|
Subsidiary |
Liverpool |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
Brazzaville |
Congo |
Motor Vehicle Wholesale |
274.9 |
|
|
|
|
Subsidiary |
Douala |
Cameroon |
Motor Vehicle Wholesale |
265.7 |
|
|
|
|
Subsidiary |
Douala |
Cameroon |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
162 |
|
|
|
Société
Camerounaise pour le Développement de l'Automobile SARL |
Subsidiary |
Douala |
Cameroon |
Motor Vehicle Wholesale |
|
160 |
|
|
Subsidiary |
Douala |
Cameroon |
Motor Vehicle Wholesale |
99.4 |
|
|
|
|
Subsidiary |
Casablanca |
Morocco |
Motor Vehicle Wholesale |
166.0 |
|
|
|
|
Subsidiary |
Lagos |
Nigeria |
Holding Companies |
96.1 |
|
|
|
|
Subsidiary |
Dakar |
Senegal |
Pharmacies and Personal Care Stores |
79.0 |
|
|
|
|
Subsidiary |
Lagos |
Nigeria |
Motor Vehicle Wholesale |
0.3 |
|
|
|
|
Subsidiary |
Kanifing |
Gambia |
Motor Vehicle Wholesale |
0.2 |
|
|
|
|
Subsidiary |
Blantyre |
Malawi |
Motor Vehicle Wholesale |
0.1 |
|
|
|
|
Subsidiary |
Dar Es Salaam |
Tanzania |
Motor Vehicle Wholesale |
0.0 |
|
|
|
|
Subsidiary |
Douala |
Cameroon |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Ouagadougou |
Burkina Faso |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Ouagadougou |
Burkina Faso |
Miscellaneous Transportation Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Nouakchott |
Mauritania |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Algiers |
Algeria |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Casablanca |
Morocco |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Lomé |
Togo |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Douala |
Cameroon |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Sevres, Hauts-de-Seine |
France |
Administrative Services |
|
|
|
|
|
Subsidiary |
Le Grand-Quevilly, Seine-Maritime |
France |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Libreville |
Gabon |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Libreville |
Gabon |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Accra |
Ghana |
Miscellaneous Manufacturing |
|
|
|
|
|
Subsidiary |
Accra |
Ghana |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Ouagadougou, Kadiogo |
Burkina Faso |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Bangui |
Central African Republic |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Bamako |
Mali |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Cotonou, Littoral |
Benin |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Antananarivo |
Madagascar |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Port Louis |
Mauritius |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Bata |
Equatorial Guinea |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Bissau |
Guinea-Bissau |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
La Baie Mahault |
Guadeloupe |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Matoury |
French Guiana |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Noumea, South Province |
New Caledonia |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Le Grand-Quevilly, Seine-Maritime |
France |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Casablanca |
Morocco |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Ouagadougou, Kadiogo |
Burkina Faso |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Papeete, Tahiti |
French Polynesia |
Health and Personal Care Wholesale |
|
|
|
|
|
Subsidiary |
Pirae |
French Polynesia |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Lagos |
Nigeria |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Branch |
Tokyo |
Japan |
Commodities |
|
2,795 |
|
|
|
Subsidiary |
Minato-Ku |
Japan |
Electronics Wholesale |
1,820.3 |
768 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Wholesale |
245.9 |
20 |
|
|
|
Subsidiary |
Pathum Wan, Bangkok |
Thailand |
Electronics Wholesale |
|
18 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Electronics Wholesale |
56.0 |
8 |
|
|
|
Subsidiary |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Electronics Wholesale |
221.5 |
|
|
|
|
Branch |
Taipei City, Taipei |
Taiwan |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Metals and Minerals Wholesale |
6.4 |
22 |
|
|
|
Division |
Dallas, TX |
United States |
Grocery Wholesale |
3.0 |
20 |
|
|
|
Subsidiary |
Neuss, Nordrhein-Westfalen |
Germany |
Professional and Commercial Equipment Wholesale |
|
8 |
|
|
|
Subsidiary |
London |
United Kingdom |
Motor Vehicle and Parts Dealers |
288.9 |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Petroleum and Natural Gas Extraction |
10.8 |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Banking |
1.1 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Motor Vehicle Wholesale |
|
1,500 |
|
|
|
Subsidiary |
Minato-Ku |
Japan |
Electronics Wholesale |
1,559.7 |
1,138 |
|
|
|
Branch |
Kyoto |
Japan |
Electronics Wholesale |
|
90 |
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Electronics Wholesale |
|
70 |
|
|
|
Subsidiary |
Shanghai |
China |
Electronics Wholesale |
|
30 |
|
|
|
Subsidiary |
Qingdao, Shandong |
China |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Makati |
Philippines |
Electronics Wholesale |
|
22 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Electronics Wholesale |
|
22 |
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Electronics Wholesale |
|
15 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronics Wholesale |
|
12 |
|
|
|
Subsidiary |
Tianjin |
China |
Electronics Wholesale |
|
10 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronics Wholesale |
|
9 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Machinery Wholesale |
11.4 |
8 |
|
|
|
Subsidiary |
San Diego, CA |
United States |
Electronics Wholesale |
|
7 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Electronics Wholesale |
|
5 |
|
|
|
Subsidiary |
Bengaluru, Karnataka |
India |
Semiconductor and Other Electronic Component Manufacturing |
|
5 |
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Electromedical and Control Instruments Manufacturing |
|
|
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Umbogintwini, KwaZulu-Natal |
South Africa |
Consulting Services |
|
600 |
|
|
|
Division |
Durban |
South Africa |
Consulting Services |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer System Design Services |
192.2 |
511 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Computer System Design Services |
|
160 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Computer System Design Services |
|
30 |
|
|
|
Subsidiary |
Zaventem |
Belgium |
Computer System Design Services |
|
6 |
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Metal Products Manufacturing |
|
500 |
|
|
|
Subsidiary |
Wattala |
Sri Lanka |
Motor Vehicle Wholesale |
|
400 |
|
|
|
Subsidiary |
Suva |
Fiji |
Motor Vehicle and Parts Dealers |
61.3 |
381 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Chemical Wholesale |
|
357 |
|
|
|
Subsidiary |
London |
United Kingdom |
Motor Vehicle and Parts Dealers |
291.3 |
252 |
|
|
|
Subsidiary |
Derby |
United Kingdom |
Motor Vehicle Parts Manufacturing |
16.0 |
83 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Trucking |
5.4 |
44 |
|
|
|
Subsidiary |
London |
United Kingdom |
Waste Management |
12.5 |
36 |
|
|
|
Subsidiary |
Nagoya |
Japan |
Electronics Wholesale |
266.8 |
250 |
|
|
|
Subsidiary |
Pathum Wan, Bangkok |
Thailand |
Computer System Design Services |
|
184 |
|
|
|
Subsidiary |
Nagoya |
Japan |
Computer Programming |
|
116 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Anjo, Aichi |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Guararapes, Sao Paulo |
Brazil |
Food Manufacturing |
|
250 |
|
|
|
Branch |
New Delhi, Delhi |
India |
Consulting Services |
|
240 |
|
|
|
Subsidiary |
Naucalpan, Estado De Mexico |
Mexico |
Machinery Wholesale |
47.6 |
200 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Metals and Minerals Wholesale |
|
200 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electricity Generation and Distribution |
|
191 |
|
|
|
Subsidiary |
London |
United Kingdom |
Consulting Services |
1.3 |
9 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Metals and Minerals Wholesale |
2,148.5 |
183 |
|
|
|
Subsidiary |
Laverton North, VIC |
Australia |
Machinery Wholesale |
381.0 |
175 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Motor Vehicle Wholesale |
|
45 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Yangon |
Myanmar (Burma) |
Chemical Wholesale |
|
|
|
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Consulting Services |
|
|
|
|
|
Subsidiary |
Melbourne, VIC |
Australia |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Derby |
United Kingdom |
Metals and Minerals Wholesale |
250.0 |
175 |
|
|
|
Subsidiary |
Telford |
United Kingdom |
Banking |
|
75 |
|
|
|
Subsidiary |
Castle Donington |
United Kingdom |
Waste Management |
|
50 |
|
|
|
Subsidiary |
Kampala |
Uganda |
Motor Vehicle Wholesale |
|
160 |
|
|
|
Subsidiary |
Blantyre |
Malawi |
Motor Vehicle Wholesale |
|
156 |
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Metals and Minerals Wholesale |
236.0 |
150 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Metal Products Manufacturing |
69.0 |
150 |
|
|
|
Subsidiary |
Chuo-Ku |
Japan |
Electronics Wholesale |
1,655.8 |
149 |
|
|
|
Branch |
Tsim Sha Tsui, Kowloon |
Hong Kong |
Electronics Wholesale |
1,898.6 |
11 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Machinery Wholesale |
25.0 |
5 |
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Motor Vehicle and Parts Dealers |
61.5 |
140 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Clothing and Apparel Stores |
|
124 |
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Architecture and Engineering |
74.9 |
120 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Metal Products Manufacturing |
|
120 |
|
|
|
Subsidiary |
Harare |
Zimbabwe |
Motor Vehicle Wholesale |
|
110 |
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Metal Products Manufacturing |
3.5 |
100 |
|
|
|
Subsidiary |
New York, NY |
United States |
Miscellaneous Professional Services |
|
100 |
|
|
|
Subsidiary |
Bridgeport, CT |
United States |
Metal Products Manufacturing |
|
65 |
|
|
|
Branch |
Weirton, WV |
United States |
Metal Products Manufacturing |
21.5 |
26 |
|
|
|
Branch |
Knoxville, TN |
United States |
Metal Products Manufacturing |
11.3 |
15 |
|
|
|
Subsidiary |
Georgetown, KY |
United States |
Architecture and Engineering |
9.2 |
50 |
|
|
|
Subsidiary |
Woodward, OK |
United States |
Basic Chemical Manufacturing |
|
50 |
|
|
|
Subsidiary |
Cambridge, ON |
Canada |
Motor Vehicle Wholesale |
125.9 |
40 |
|
|
|
Joint Venture |
Crescent Springs, KY |
United States |
Consulting Services |
|
3 |
|
|
|
Subsidiary |
Oklahoma City, OK |
United States |
Basic Chemical Manufacturing |
|
1 |
|
|
|
Branch |
Oklahoma City, OK |
United States |
Basic Chemical Manufacturing |
27.7 |
38 |
|
|
|
Subsidiary |
Mumbai |
India |
Motor Vehicle Wholesale |
|
100 |
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Metal Products Manufacturing |
|
100 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronics Wholesale |
64.9 |
95 |
|
|
|
Subsidiary |
Walbrzych |
Poland |
Metals and Minerals Wholesale |
|
90 |
|
|
|
Subsidiary |
Bien Hoa, Dong Nai |
Viet Nam |
Electronics Wholesale |
|
88 |
|
|
|
Subsidiary |
Yangon |
Myanmar (Burma) |
Motor Vehicle Wholesale |
|
86 |
|
|
|
Subsidiary |
Paraiso, Sao Paulo |
Brazil |
Metals and Minerals Wholesale |
|
85 |
|
|
|
Subsidiary |
Phnom Penh |
Cambodia |
Motor Vehicle Wholesale |
|
80 |
|
|
|
Subsidiary |
Taito-Ku, Tokyo |
Japan |
Computer Programming |
31.7 |
77 |
|
|
|
Subsidiary |
Phnom Penh |
Cambodia |
Motor Vehicle Wholesale |
|
76 |
|
|
|
Subsidiary |
Calamba, Laguna |
Philippines |
Commercial Real Estate Leasing |
|
75 |
|
|
|
Subsidiary |
Begles |
France |
Shipping and Water Transport |
144.0 |
74 |
|
|
|
Subsidiary |
Budaörs |
Hungary |
Motor Vehicle and Parts Dealers |
137.2 |
61 |
|
|
|
Subsidiary |
Nagoya |
Japan |
Metals and Minerals Wholesale |
|
60 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Petroleum Wholesale |
|
60 |
|
|
|
Subsidiary |
Almaty |
Kazakhstan |
Machinery Wholesale |
|
57 |
|
|
|
Subsidiary |
Nagoya |
Japan |
Motor Vehicle Wholesale |
50.6 |
53 |
|
|
|
Subsidiary |
Milton, QLD |
Australia |
Motor Vehicle Wholesale |
8.3 |
50 |
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Metal Products Manufacturing |
65.3 |
44 |
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Miscellaneous Wholesale |
32.0 |
40 |
|
|
|
Subsidiary |
Honiara |
Solomon Islands |
Motor Vehicle Wholesale |
|
40 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Petroleum Wholesale |
2,337.1 |
35 |
|
|
|
Branch |
Minato-Ku, Tokyo |
Japan |
Petroleum Wholesale |
2,388.0 |
29 |
|
|
|
Subsidiary |
Zaventem |
Belgium |
Machinery Wholesale |
1,022.3 |
35 |
|
|
|
Division |
Dusseldorf |
Germany |
Miscellaneous Professional Services |
|
75 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Clothing and Apparel Wholesale |
|
14 |
|
|
|
Subsidiary |
Treviglio, BG |
Italy |
Motor Vehicle Wholesale |
49.3 |
30 |
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Machinery Wholesale |
32.2 |
30 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Motor Vehicle Parts Manufacturing |
|
26 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Computer, Office Equipment and Software Merchant
Wholesalers |
22.8 |
24 |
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Machinery Wholesale |
|
21 |
|
|
|
Branch |
Makati |
Philippines |
Miscellaneous Wholesale |
|
15 |
|
|
|
Subsidiary |
Koza-Gun, Kanagawa |
Japan |
Electricity Generation and Distribution |
36.8 |
10 |
|
|
|
Subsidiary |
Setagaya-Ku, Tokyo |
Japan |
Pensions and Funds |
1.2 |
9 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Grocery Wholesale |
|
5 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Electronics Wholesale |
1,108.9 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Motor Vehicle Rental |
962.3 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Trucking |
962.3 |
|
|
|
|
Subsidiary |
Kursk |
Russian Federation |
Motor Vehicle Wholesale |
32.9 |
187 |
|
|
|
Subsidiary |
Kemerovo |
Russian Federation |
Motor Vehicle Wholesale |
80.3 |
146 |
|
|
|
Subsidiary |
Voronezh |
Russian Federation |
Motor Vehicle Wholesale |
70.3 |
134 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Banking |
7.5 |
100 |
|
|
|
Subsidiary |
Astrakhan |
Russian Federation |
Motor Vehicle Wholesale |
49.9 |
67 |
|
|
|
Subsidiary |
P Novaya Adygeya |
Russian Federation |
Motor Vehicle Wholesale |
10.5 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Miscellaneous Wholesale |
779.9 |
|
|
|
|
Subsidiary |
Shibuya-Ku, Tokyo |
Japan |
Clothing and Apparel Manufacturing |
334.5 |
|
|
|
|
Subsidiary |
Tahara, Aichi |
Japan |
Metal Products Manufacturing |
211.8 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Grocery Wholesale |
201.4 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Commercial Real Estate Leasing |
193.2 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Gasoline Stations and Fuel Dealers |
171.1 |
|
|
|
|
Subsidiary |
Miyoshi, Hiroshima |
Japan |
Miscellaneous Wholesale |
146.8 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Clothing and Apparel Wholesale |
118.7 |
|
|
|
|
Subsidiary |
Ome, Tokyo |
Japan |
Miscellaneous Professional Services |
114.3 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Chemical Wholesale |
95.3 |
|
|
|
|
Subsidiary |
Takarazuka, Hyogo |
Japan |
Motor Vehicle and Parts Dealers |
88.0 |
|
|
|
|
Subsidiary |
Niigata, Niigata |
Japan |
Commercial and Industrial Rental |
73.6 |
|
|
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Miscellaneous Wholesale |
54.0 |
|
|
|
|
Subsidiary |
Changchun, Jilin |
China |
Metal Products Manufacturing |
32.1 |
|
|
|
|
Subsidiary |
Nakhodka |
Russian Federation |
Motor Vehicle Wholesale |
31.2 |
|
|
|
|
Branch |
Nakhodka G. |
Russian Federation |
Motor Vehicle Wholesale |
14.1 |
118 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer System Design Services |
12.9 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Holding Companies |
3.8 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Consulting Services |
13.0 |
|
|
|
|
Subsidiary |
Anjo, Aichi |
Japan |
Rubber and Plastic Product Manufacturing |
|
|
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Motor Vehicle Parts Manufacturing |
172.2 |
540 |
|
|
|
Subsidiary |
Port Moresby |
Papua New Guinea |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Manila |
Philippines |
Home Furnishings Wholesale |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Electricity Generation and Distribution |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Yokkaichi, Mie |
Japan |
Grocery Wholesale |
|
|
|
|
|
Branch |
New Delhi, Delhi |
India |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Bengaluru, Karnataka |
India |
Specialty Construction Trade Contractors |
|
|
|
|
|
Subsidiary |
Tehran |
Iran |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Ljubljana |
Slovenia |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Buzin |
Croatia |
Motor Vehicle Wholesale |
37.2 |
18 |
|
|
|
Subsidiary |
Port-Of-Spain, Caroni |
Trinidad and Tobago |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Paris |
France |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Yachimata, Chiba |
Japan |
Food Manufacturing |
|
|
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Handa, Aichi |
Japan |
Waste Management |
|
|
|
|
|
Subsidiary |
Nagoya |
Japan |
Grocery Wholesale |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Urayasu, Chiba |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Hachinohe, Aomori |
Japan |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Imizu, Toyama |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Kamisu, Ibaraki |
Japan |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Tokai, Aichi |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Ayase, Kanagawa |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Anjo, Aichi |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Tokai, Aichi |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Echizen, Fukui |
Japan |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
Miyako |
Japan |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Tahara, Aichi |
Japan |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Tokai, Aichi |
Japan |
Machinery Wholesale |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Insurance Agents |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Motor Vehicle Wholesale |
|
|
|
|
|
Pending merger
with DT Dobie Kenya.See corporate
structure news on
TOYOTA MOTOR CORPORATION for details |
|||||||
|
Subsidiary |
Istanbul |
Turkey |
Construction Machinery Manufacturing |
|
|
|
|
|
Subsidiary |
Sharjah |
United Arab Emirates |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Mie |
Japan |
Textile Manufacturing |
|
|
|
|
|
Subsidiary |
Pinghu, Zhejiang |
China |
Motor Vehicle Parts Manufacturing |
33.8 |
400 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Nursing and Residential Care |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Accounting and Tax Preparation |
|
|
|
|
|
Subsidiary |
Nagoya |
Japan |
Employment Services |
|
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Industrial Machinery Repair and Maintenance |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Obu, Aichi |
Japan |
Machinery Wholesale |
|
|
|
|
|
Subsidiary |
Osaka |
Japan |
Road Transportation Services |
|
|
|
|
|
Subsidiary |
Shanghai, Jinganqu |
China |
Road Transportation Services |
|
|
|
|
|
Subsidiary |
Kwai Chung, New Territories |
Hong Kong |
Consulting Services |
|
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Consulting Services |
|
|
|
|
|
Subsidiary |
Samut Prakan |
Thailand |
Consulting Services |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Architecture and Engineering |
|
|
|
|
|
Subsidiary |
Shenzhen |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Consulting Services |
|
|
|
|
|
Subsidiary |
Saint Petersburg |
Russian Federation |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Metals Mining |
|
|
|
|
|
Subsidiary |
Kuala Lumpur |
Malaysia |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Chon Buri |
Thailand |
Machinery Wholesale |
|
|
|
|
|
Subsidiary |
New Delhi |
India |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Bengaluru |
India |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Mytishchi, Moscow |
Russian Federation |
Machinery Wholesale |
|
|
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Insurance Agents |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Paper Wholesale |
|
|
|
|
|
Subsidiary |
Apodaca, Nuevo Leon |
Mexico |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Specialty Construction Trade Contractors |
|
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Petroleum Wholesale |
|
|
|
|
|
Subsidiary |
Chita, Aichi |
Japan |
Commercial Real Estate Leasing |
|
|
|
|
|
Subsidiary |
Miyoshi, Hiroshima |
Japan |
Miscellaneous Manufacturing |
|
|
|
|
|
Subsidiary |
Chacao, Estado Miranda |
Venezuela |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Wired Telecommunications Carriers |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Gunma |
Japan |
Miscellaneous Chemical Manufacturing |
|
|
|
|
|
Subsidiary |
Brussels |
Belgium |
Industrial Machinery Repair and Maintenance |
|
|
|
|
|
Subsidiary |
Apodaca, Nuevo Leon |
Mexico |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Residential and Commercial Building Construction |
|
|
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Motor Vehicle Wholesale |
|
|
|
|
|
Tianjin
Toyotsu Automotive Equipment Manufacturing Co., Ltd. |
Subsidiary |
Tianjin |
China |
Motor Vehicle Parts Manufacturing |
|
|
|
|
Subsidiary |
Osaka |
Japan |
Grocery Wholesale |
|
|
|
|
|
Subsidiary |
Dallas, TX |
United States |
Grocery Wholesale |
10.6 |
25 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Grocery Wholesale |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Metals and Minerals Wholesale |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Grocery Wholesale |
|
|
|
|
|
Subsidiary |
Kingston |
Jamaica |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Investment Services |
|
|
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Investment Services |
|
|
|
|
|
Subsidiary |
Begles, Gironde |
France |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Life and Health Insurance |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Saint-Saulve, Nord |
France |
Motor Vehicle Wholesale |
|
|
|
|
|
Toyota Ts Usho Corporation |
Branch |
|
|
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
263.3 |
406 |
|
|
|
Subsidiary |
London |
United Kingdom |
Motor Vehicle and Parts Dealers |
155.8 |
195 |
|
|
|
Subsidiary |
London |
United Kingdom |
Motor Vehicle and Parts Dealers |
107.5 |
158 |
|
|
|
Holding |
Ikeda-Shi |
Japan |
Motor Vehicle Manufacturing |
21,272.3 |
39,862 |
|
|
|
Subsidiary |
Nakatsu, Oita |
Japan |
Motor Vehicle Parts Manufacturing |
|
2,247 |
|
|
|
Subsidiary |
Hyogo |
Japan |
Motor Vehicle Parts Manufacturing |
|
1,200 |
|
|
|
Subsidiary |
Osaka-Shi |
Japan |
Machinery and Equipment Manufacturing |
657.2 |
1,082 |
|
|
|
Subsidiary |
Imabari, Ehime |
Japan |
Machinery Wholesale |
66.7 |
29 |
|
|
|
Subsidiary |
London |
United Kingdom |
Professional and Commercial Equipment Wholesale |
62.1 |
17 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Machinery Wholesale |
68.6 |
9 |
|
|
|
Subsidiary |
Hauppauge, NY |
United States |
Machinery Wholesale |
10.3 |
4 |
|
|
|
Subsidiary |
Taito-Ku, Tokyo |
Japan |
Machinery Wholesale |
104.7 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Machinery Wholesale |
83.6 |
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Transportation Equipment Wholesale |
72.6 |
|
|
|
|
Facility |
Kyoto |
Japan |
Motor Vehicle Parts Manufacturing |
|
1,062 |
|
|
|
Subsidiary |
Kawanishi, Hyogo |
Japan |
Metal Products Manufacturing |
|
700 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Motor Vehicle Parts Manufacturing |
1.1 |
50 |
|
|
|
Subsidiary |
Konan, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
|
700 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Motor Vehicle Parts Manufacturing |
|
400 |
|
|
|
Subsidiary |
West Java |
Indonesia |
Motor Vehicle Parts Manufacturing |
|
200 |
|
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Internet and Web Services |
32.7 |
365 |
|
|
|
Subsidiary |
West Bromwich |
United Kingdom |
Motor Vehicle and Parts Dealers |
|
300 |
|
|
|
Subsidiary |
Sydney |
Australia |
Motor Vehicle Wholesale |
|
130 |
|
|
|
Subsidiary |
Tönisvorst, Nordrhein-Westfalen |
Germany |
Motor Vehicle Wholesale |
78.1 |
90 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Motor Vehicle and Parts Dealers |
|
50 |
|
|
|
Subsidiary |
Vianen |
Netherlands |
Motor Vehicle Wholesale |
|
40 |
|
|
|
Subsidiary |
Vienna |
Austria |
Motor Vehicle Wholesale |
375.0 |
33 |
|
|
|
Subsidiary |
Sint-Stevens-Woluwe |
Belgium |
Motor Vehicle Wholesale |
27.1 |
7 |
|
|
|
Subsidiary |
Saint-Ouen-l'Aumone |
France |
Motor Vehicle and Parts Dealers |
6.8 |
7 |
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Motor Vehicle Wholesale |
|
3 |
|
|
|
Subsidiary |
Nossegem |
Belgium |
Motor Vehicle and Parts Dealers |
1.4 |
1 |
|
|
|
Branch |
Zaventem (Brucargo), Vlaams Brabant |
Belgium |
Administrative Services |
0.1 |
1 |
|
|
|
Subsidiary |
Chuo-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
406.4 |
|
|
|
|
Subsidiary |
Chiba, Chiba |
Japan |
Motor Vehicle and Parts Dealers |
400.8 |
|
|
|
|
Subsidiary |
Saitama, Saitama |
Japan |
Motor Vehicle and Parts Dealers |
388.8 |
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Motor Vehicle and Parts Dealers |
362.9 |
|
|
|
|
Subsidiary |
Gifu, Gifu |
Japan |
Motor Vehicle and Parts Dealers |
272.8 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Motor Vehicle and Parts Dealers |
261.5 |
|
|
|
|
Subsidiary |
Okayama, Okayama |
Japan |
Motor Vehicle Wholesale |
238.6 |
|
|
|
|
Subsidiary |
Mito, Ibaraki |
Japan |
Motor Vehicle and Parts Dealers |
231.9 |
|
|
|
|
Subsidiary |
Maebashi, Gunma |
Japan |
Motor Vehicle Wholesale |
229.4 |
|
|
|
|
Subsidiary |
Kumamoto, Kumamoto |
Japan |
Motor Vehicle and Parts Dealers |
220.4 |
|
|
|
|
Subsidiary |
Sendai, Miyagi |
Japan |
Motor Vehicle and Parts Dealers |
218.6 |
|
|
|
|
Subsidiary |
Hiroshima, Hiroshima |
Japan |
Motor Vehicle and Parts Dealers |
213.9 |
|
|
|
|
Subsidiary |
Utsunomiya, Tochigi |
Japan |
Motor Vehicle and Parts Dealers |
213.3 |
|
|
|
|
Subsidiary |
Shimonoseki, Yamaguchi |
Japan |
Motor Vehicle and Parts Dealers |
196.4 |
|
|
|
|
Subsidiary |
Nagasaki, Nagasaki |
Japan |
Motor Vehicle and Parts Dealers |
182.7 |
|
|
|
|
Subsidiary |
Akita, Akita |
Japan |
Motor Vehicle and Parts Dealers |
177.2 |
|
|
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Motor Vehicle and Parts Dealers |
164.8 |
|
|
|
|
Subsidiary |
Kagoshima, Kagoshima |
Japan |
Motor Vehicle and Parts Dealers |
162.5 |
|
|
|
|
Subsidiary |
Oita, Oita |
Japan |
Motor Vehicle and Parts Dealers |
159.0 |
|
|
|
|
Subsidiary |
Aomori, Aomori |
Japan |
Motor Vehicle and Parts Dealers |
153.4 |
|
|
|
|
Subsidiary |
Matsumoto, Nagano |
Japan |
Motor Vehicle and Parts Dealers |
152.5 |
|
|
|
|
Subsidiary |
Urasoe, Okinawa |
Japan |
Motor Vehicle and Parts Dealers |
151.5 |
|
|
|
|
Subsidiary |
Ikeda, Osaka |
Japan |
Trucking |
148.7 |
|
|
|
|
Subsidiary |
Takamatsu, Kagawa |
Japan |
Motor Vehicle and Parts Dealers |
140.4 |
|
|
|
|
Subsidiary |
Numazu, Shizuoka |
Japan |
Motor Vehicle Wholesale |
137.6 |
|
|
|
|
Subsidiary |
Saga, Saga |
Japan |
Motor Vehicle and Parts Dealers |
129.3 |
|
|
|
|
Subsidiary |
Shiwa-Gun, Iwate |
Japan |
Motor Vehicle and Parts Dealers |
124.2 |
|
|
|
|
Subsidiary |
Matsue, Shimane |
Japan |
Motor Vehicle Wholesale |
123.2 |
|
|
|
|
Subsidiary |
Miyazaki, Miyazaki |
Japan |
Motor Vehicle and Parts Dealers |
122.9 |
|
|
|
|
Subsidiary |
Asahikawa, Hokkaido |
Japan |
Motor Vehicle and Parts Dealers |
122.8 |
|
|
|
|
Subsidiary |
Fukushima, Fukushima |
Japan |
Motor Vehicle and Parts Dealers |
111.3 |
|
|
|
|
Subsidiary |
Ono, Hyogo |
Japan |
Metal Products Manufacturing |
106.0 |
|
|
|
|
Subsidiary |
Nankoku, Kochi |
Japan |
Motor Vehicle and Parts Dealers |
93.9 |
|
|
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Employment Services |
90.0 |
|
|
|
|
Subsidiary |
Kofu, Yamanashi |
Japan |
Motor Vehicle and Parts Dealers |
87.9 |
|
|
|
|
Subsidiary |
Yonago, Tottori |
Japan |
Motor Vehicle and Parts Dealers |
87.5 |
|
|
|
|
Subsidiary |
Ono, Hyougo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Libreville |
Gabon |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
Ikeda, Osaka |
Japan |
Mortgage and Credit |
|
|
|
|
|
Subsidiary |
Managua |
Nicaragua |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Guatemala |
Guatemala |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Itami, Hyogo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Nouakchott |
Mauritania |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
New York, NY |
United States |
Holding Companies |
|
31,543 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Motor Vehicle Wholesale |
|
70,000 |
|
|
|
Subsidiary |
Huntsville, AL |
United States |
Motor Vehicle Manufacturing |
1,252.2 |
1,000 |
|
|
|
Branch |
Newark, NJ |
United States |
Miscellaneous Wholesale |
1,127.8 |
250 |
|
|
|
Subsidiary |
Costa Mesa, CA |
United States |
Research and Development Services |
|
200 |
|
|
|
Branch |
San Ramon, CA |
United States |
Miscellaneous Wholesale |
654.8 |
180 |
|
|
|
Branch |
Kansas City, MO |
United States |
Miscellaneous Wholesale |
333.1 |
105 |
|
|
|
Subsidiary |
Long Beach, CA |
United States |
Airlines |
4.5 |
100 |
|
|
|
Branch |
Blue Ash, OH |
United States |
Miscellaneous Wholesale |
321.6 |
93 |
|
|
|
Branch |
Irvine, CA |
United States |
Miscellaneous Wholesale |
309.2 |
85 |
|
|
|
Branch |
Aurora, IL |
United States |
Miscellaneous Wholesale |
353.3 |
80 |
|
|
|
Branch |
West Caldwell, NJ |
United States |
Miscellaneous Wholesale |
338.3 |
75 |
|
|
|
Branch |
Mansfield, MA |
United States |
Miscellaneous Wholesale |
233.5 |
70 |
|
|
|
Branch |
Glen Burnie, MD |
United States |
Motor Vehicle and Parts Dealers |
43.1 |
60 |
|
|
|
Branch |
Compton, CA |
United States |
Miscellaneous Wholesale |
145.5 |
40 |
|
|
|
Branch |
Washington, DC |
United States |
Motor Vehicle and Parts Dealers |
22.5 |
40 |
|
|
|
Branch |
Ontario, CA |
United States |
Motor Vehicle Wholesale |
21.7 |
10 |
|
|
|
Branch |
Aurora, IL |
United States |
Motor Vehicle Wholesale |
14.5 |
7 |
|
|
|
Branch |
Irving, TX |
United States |
Miscellaneous Wholesale |
28.1 |
6 |
|
|
|
Branch |
New York, NY |
United States |
Miscellaneous Wholesale |
22.3 |
6 |
|
|
|
Branch |
Franklin, TN |
United States |
Miscellaneous Wholesale |
21.5 |
6 |
|
|
|
Branch |
Horsham, PA |
United States |
Miscellaneous Wholesale |
19.5 |
6 |
|
|
|
Division |
Torrance, CA |
United States |
Motor Vehicle Manufacturing |
5.7 |
5 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Property and Causality Insurance |
|
7,000 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Insurance Agents |
22.1 |
5,000 |
|
|
|
Branch |
Cedar Rapids, IA |
United States |
Insurance Agents |
93.0 |
500 |
|
|
|
Subsidiary |
Long Beach, CA |
United States |
Motor Vehicle Parts Manufacturing |
238.0 |
575 |
|
|
|
Division |
Long Beach, CA |
United States |
Motor Vehicle Parts Manufacturing |
|
500 |
|
|
|
Subsidiary |
San Juan, PR |
United States |
Motor Vehicle Wholesale |
42.4 |
125 |
|
|
|
Joint Venture |
Ann Arbor, MI |
United States |
Research and Development Services |
477.8 |
110 |
|
|
|
Subsidiary |
Newport Beach, CA |
United States |
Architecture and Engineering |
|
50 |
|
|
|
Subsidiary |
Charlotte, NC |
United States |
Machinery Wholesale |
|
10 |
|
|
|
Holding |
Hino-Shi |
Japan |
Motor Vehicle Manufacturing |
18,577.2 |
27,705 |
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Motor Vehicle Manufacturing |
|
2,060 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Machinery and Equipment Manufacturing |
|
1,885 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle Wholesale |
|
425 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle Manufacturing |
|
400 |
|
|
|
Subsidiary |
Shanghai |
China |
Non-Metallic Mineral Product Manufacturing |
266.6 |
350 |
|
|
|
Subsidiary |
Karachi |
Pakistan |
Motor Vehicle Manufacturing |
100.1 |
289 |
|
|
|
Subsidiary |
Maebashi, Gunma |
Japan |
Metal Products Manufacturing |
201.4 |
263 |
|
|
|
Subsidiary |
Purwakarta, West Java |
Indonesia |
Motor Vehicle Manufacturing |
|
262 |
|
|
|
Joint Venture |
Hanoi |
Viet Nam |
Motor Vehicle Parts Manufacturing |
|
195 |
|
|
|
Subsidiary |
Calamba City |
Philippines |
Motor Vehicle Parts Manufacturing |
49.6 |
150 |
|
|
|
Subsidiary |
Mandaluyong City |
Philippines |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Facility |
Koga, Ibaraki |
Japan |
Motor Vehicle Manufacturing |
|
150 |
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Motor Vehicle Manufacturing |
186.9 |
80 |
|
|
|
Subsidiary |
Yamatokooriyama, Nara |
Japan |
Motor Vehicle and Parts Dealers |
60.0 |
58 |
|
|
|
Subsidiary |
Taren Point, NSW |
Australia |
Motor Vehicle Wholesale |
262.7 |
55 |
|
|
|
Subsidiary |
Novi, MI |
United States |
Motor Vehicle Wholesale |
|
50 |
|
|
|
Branch |
Southaven, MS |
United States |
Motor Vehicle Wholesale |
44.0 |
23 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Motor Vehicle Manufacturing |
32.1 |
35 |
|
|
|
Subsidiary |
Orangeburg, NY |
United States |
Motor Vehicle Wholesale |
|
25 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Motor Vehicle Wholesale |
|
23 |
|
|
|
Subsidiary |
Mechelen |
Belgium |
Motor Vehicle Wholesale |
44.5 |
22 |
|
|
|
Subsidiary |
Ontario, CA |
United States |
Motor Vehicle Manufacturing |
1.1 |
6 |
|
|
|
Subsidiary |
Corona, CA |
United States |
Motor Vehicle Wholesale |
|
4 |
|
|
|
Subsidiary |
Muang, Samutprakarn |
Thailand |
Motor Vehicle Manufacturing |
1,034.0 |
|
|
|
|
Subsidiary |
Sendai, Miyagi |
Japan |
Motor Vehicle Wholesale |
240.6 |
|
|
|
|
Subsidiary |
Cota |
Colombia |
Motor Vehicle Manufacturing |
198.5 |
|
|
|
|
Subsidiary |
Cota, Cundinamarca |
Colombia |
Motor Vehicle Parts Manufacturing |
26.9 |
|
|
|
|
Subsidiary |
Morioka, Iwate |
Japan |
Motor Vehicle Wholesale |
115.3 |
|
|
|
|
Subsidiary |
Hachioji, Tokyo |
Japan |
Motor Vehicle Wholesale |
102.6 |
|
|
|
|
Subsidiary |
Vladivostok G. |
Russian Federation |
Motor Vehicle Wholesale |
57.5 |
|
|
|
|
Subsidiary |
Takamatsu, Kagawa |
Japan |
Motor Vehicle and Parts Dealers |
50.8 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Iruma |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Hakusan, Ishikawa |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Komatsu, Ishikawa |
Japan |
Motor Vehicle Parts Manufacturing |
27.0 |
102 |
|
|
|
Subsidiary |
Hakusan, Ishikawa |
Japan |
Architecture and Engineering |
17.7 |
|
|
|
|
Subsidiary |
Atsugi, Kanagawa |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Yamagata |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Hidaka, Saitama |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Hidaka, Saitama |
Japan |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Fujisawa, Kanagawa |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Wakayama |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Obihiro, Hokkaido |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Hino, Tokyo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Hino, Tokyo |
Japan |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Ome, Tokyo |
Japan |
Consulting Services |
|
|
|
|
|
Subsidiary |
Koriyama, Fukushima |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Yamaguchi |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Fukushima |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Shizuoka |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Kyoto |
Japan |
Motor Vehicle Repair and Maintenance |
|
|
|
|
|
Subsidiary |
Chiba |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Aomori |
Japan |
Motor Vehicle and Parts Dealers |
|
|
|
|
|
Subsidiary |
Okayama |
Japan |
Motor Vehicle Repair and Maintenance |
|
|
|
|
|
Subsidiary |
Kumamoto |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Iruma, Saitama |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Caracas |
Venezuela |
Motor Vehicle Repair and Maintenance |
|
|
|
|
|
Facility |
Hamura, Tokyo |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Osaka |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Fukui |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Izumo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Hino, Tokyo |
Japan |
Research and Development Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Hakusan, Ishikawa |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Nirasaki, Yamanashi |
Japan |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Facility |
Ota, Gunma |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Osaka |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Koshu, Yamanashi |
Japan |
Metal Products Manufacturing |
|
|
|
|
|
Subsidiary |
Praphadaeng, Samutprakarn |
Thailand |
Motor Vehicle Manufacturing |
8,687.9 |
13,500 |
|
|
|
Affiliates |
Bangkok |
Thailand |
Motor Vehicle Parts Manufacturing |
|
250 |
|
|
|
Affiliates |
Kariya, Aichi Pref |
Japan |
Motor Vehicle Parts Manufacturing |
17,068.6 |
10,036 |
|
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Rubber and Plastic Product Manufacturing |
|
1,398 |
|
|
|
Subsidiary |
Lungtan Hsiang, Taoyuan |
Taiwan |
Motor Vehicle Manufacturing |
|
262 |
|
|
|
Subsidiary |
Kakamigahara, Gifu |
Japan |
Motor Vehicle Manufacturing |
1,658.0 |
|
|
|
|
Subsidiary |
Takahama, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
419.0 |
|
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Metal Products Manufacturing |
160.9 |
|
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Miscellaneous Professional Services |
112.5 |
|
|
|
|
Subsidiary |
Anjo, Aichi |
Japan |
Motor Vehicle Manufacturing |
107.4 |
|
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Electrical Equipment and Appliances Manufacturing |
60.0 |
|
|
|
|
Subsidiary |
Kirishima, Kagoshima |
Japan |
Architecture and Engineering |
53.2 |
|
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Motor Vehicle Parts Manufacturing |
38.0 |
|
|
|
|
Subsidiary |
Kariya, Aichi |
Japan |
Employment Services |
22.8 |
|
|
|
|
Subsidiary |
Bekasi |
Indonesia |
Rubber and Plastic Product Manufacturing |
|
|
|
|
|
Subsidiary |
Guntown, MS |
United States |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Facility |
Inabe, Mie |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Facility |
Kariya, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Facility |
Toyota, Aichi |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Joint Venture |
Guangzhou, Guangdong Province |
China |
Motor Vehicle Manufacturing |
|
8,254 |
|
|
|
Facility |
Tahara, Aichi |
Japan |
Motor Vehicle Manufacturing |
|
8,089 |
|
|
|
Subsidiary |
Kurokawa, Miyagi Pref |
Japan |
Motor Vehicle Manufacturing |
|
7,800 |
|
|
|
Subsidiary |
Susono, Shizuoka |
Japan |
Trucking |
706.5 |
|
|
|
|
Subsidiary |
Isawa-Gun, Iwate |
Japan |
Trucking |
11.7 |
135 |
|
|
|
Subsidiary |
Susono, Shizuoka |
Japan |
Metal Products Manufacturing |
318.2 |
|
|
|
|
Subsidiary |
Kitakami, Iwate |
Japan |
Motor Vehicle Parts Manufacturing |
280.6 |
|
|
|
|
Subsidiary |
Yokosuka, Kanagawa |
Japan |
Residential and Commercial Building Construction |
98.1 |
|
|
|
|
Subsidiary |
Kurokawa-Gun, Miyagi |
Japan |
Motor Vehicle Parts Manufacturing |
68.6 |
|
|
|
|
Facility |
Susono, Shizuoka |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Facility |
Susono, Shizuoka |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Facility |
Kurihara, Miyagi |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Facility |
Miyagi |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Facility |
Iwate |
Japan |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Georgetown, KY |
United States |
Motor Vehicle Manufacturing |
11,385.9 |
7,773 |
|
|
|
Subsidiary |
Miyawaka, Fukuoka |
Japan |
Motor Vehicle Manufacturing |
10,175.1 |
7,700 |
|
|
|
Subsidiary |
Miyawaka, Fukuoka |
Japan |
Miscellaneous Professional Services |
30.7 |
|
|
|
|
Facility |
Miyako, Fukuoka |
Japan |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Sandton |
South Africa |
Motor Vehicle Manufacturing |
|
6,769 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Motor Vehicle Parts Manufacturing |
|
5,915 |
|
|
|
Subsidiary |
Phuc Yen Town, Vinh Phuc Province |
Viet Nam |
Motor Vehicle Manufacturing |
|
4,700 |
|
|
|
Subsidiary |
Port Melbourne, VIC |
Australia |
Motor Vehicle Manufacturing |
7,367.5 |
4,500 |
|
|
|
Subsidiary |
Waterloo, NSW |
Australia |
Motor Vehicle and Parts Dealers |
|
230 |
|
|
|
Subsidiary |
São Bernardo do Campo, SP |
Brazil |
Motor Vehicle Wholesale |
4,673.0 |
4,180 |
|
|
|
Branch |
Indaiatuba, Sao Paulo |
Brazil |
Motor Vehicle Manufacturing |
6,332.9 |
2,425 |
|
|
|
Subsidiary |
Cambridge, ON |
Canada |
Motor Vehicle Manufacturing |
7,242.2 |
4,000 |
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Motor Vehicle Manufacturing |
|
3,435 |
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Motor Vehicle Manufacturing |
310.7 |
2,800 |
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Motor Vehicle Parts Manufacturing |
100.1 |
500 |
|
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Furniture Manufacturing |
56.9 |
445 |
|
|
|
Subsidiary |
Derby |
United Kingdom |
Motor Vehicle Manufacturing |
2,843.3 |
3,338 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Banking |
7,988.0 |
3,210 |
|
|
|
Branch |
Cincinnati, OH |
United States |
Banking |
|
30 |
|
|
|
Branch |
Middletown, NY |
United States |
Banking |
|
26 |
|
|
|
Branch |
Chelmsford, MA |
United States |
Banking |
|
25 |
|
|
|
Branch |
San Antonio, TX |
United States |
Banking |
|
18 |
|
|
|
Branch |
Lake Oswego, OR |
United States |
Banking |
|
18 |
|
|
|
Branch |
Creve Coeur, MO |
United States |
Banking |
|
16 |
|
|
|
Branch |
Overland Park, KS |
United States |
Banking |
|
15 |
|
|
|
Branch |
Livonia, MI |
United States |
Banking |
|
13 |
|
|
|
Branch |
Bellevue, WA |
United States |
Banking |
|
5 |
|
|
|
Branch |
Horsham, PA |
United States |
Banking |
|
5 |
|
|
|
Branch |
Spring, TX |
United States |
Banking |
|
5 |
|
|
|
Branch |
Overland Park, KS |
United States |
Banking |
|
5 |
|
|
|
Branch |
Cedar Rapids, IA |
United States |
Banking |
|
5 |
|
|
|
Branch |
Timonium, MD |
United States |
Banking |
|
5 |
|
|
|
Branch |
Torrance, CA |
United States |
Banking |
|
5 |
|
|
|
Branch |
Trujillo Alto, PR |
United States |
Banking |
|
5 |
|
|
|
Subsidiary |
Kosai |
Japan |
Electrical Equipment and Appliances Manufacturing |
|
3,167 |
|
|
|
Subsidiary |
Onnaing |
France |
Motor Vehicle Manufacturing |
2,323.8 |
2,978 |
|
|
|
Toyota
Motor Engineering & Manufacturing North America, Inc. |
Subsidiary |
Erlanger, KY |
United States |
Motor Vehicle Manufacturing |
|
2,614 |
|
|
Branch |
Gardena, CA |
United States |
Motor Vehicle Manufacturing |
114.9 |
100 |
|
|
|
Branch |
Englewood, CO |
United States |
Metal Products Manufacturing |
51.0 |
72 |
|
|
|
Branch |
Plymouth, MI |
United States |
Motor Vehicle Manufacturing |
50.5 |
37 |
|
|
|
Subsidiary |
Sakarya |
Turkey |
Motor Vehicle Manufacturing |
|
2,566 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Motor Vehicle Parts Manufacturing |
|
2,475 |
|
|
|
Subsidiary |
Tomakomai, Hokkaido |
Japan |
Motor Vehicle Parts Manufacturing |
|
2,320 |
|
|
|
Subsidiary |
San Antonio, TX |
United States |
Motor Vehicle Manufacturing |
4,316.0 |
2,299 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Motor Vehicle Wholesale |
22,566.8 |
2,057 |
|
|
|
Subsidiary |
Herlev |
Denmark |
Motor Vehicle Wholesale |
328.5 |
83 |
|
|
|
Subsidiary |
Praha |
Czech Republic |
Motor Vehicle Wholesale |
150.5 |
62 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Storage and Warehousing |
10.0 |
32 |
|
|
|
Subsidiary |
Blue Springs, MS |
United States |
Motor Vehicle Manufacturing |
21.6 |
2,000 |
|
|
|
Subsidiary |
Brussels |
Belgium |
Architecture and Engineering |
|
2,000 |
|
|
|
Affiliates |
Kariya, Aichi |
Japan |
Textile Manufacturing |
|
2,000 |
|
|
|
Subsidiary |
St. Petersburg |
Russian Federation |
Motor Vehicle Manufacturing |
369.6 |
1,750 |
|
|
|
Subsidiary |
Walbrzych |
Poland |
Motor Vehicle Parts Manufacturing |
655.5 |
1,734 |
|
|
|
Facility |
Toyota, Aichi |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
1,589 |
|
|
|
Subsidiary |
Buffalo, WV |
United States |
Machinery and Equipment Manufacturing |
1,567.8 |
1,200 |
|
|
|
Subsidiary |
Nagoya |
Japan |
Miscellaneous Professional Services |
4.0 |
1,090 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer Programming |
48.5 |
|
|
|
|
Subsidiary |
Nagakute, Aichi |
Japan |
Research and Development Services |
|
1,056 |
|
|
|
Subsidiary |
Zarate, Buenos Aires |
Argentina |
Motor Vehicle Manufacturing |
|
1,000 |
|
|
|
Subsidiary |
Derby |
United Kingdom |
Motor Vehicle Parts Manufacturing |
|
900 |
|
|
|
Subsidiary |
Jelcz-Laskowice |
Poland |
Motor Vehicle Parts Manufacturing |
431.5 |
813 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Motor Vehicle Parts Manufacturing |
342.3 |
700 |
|
|
|
Subsidiary |
Caringbah, NSW |
Australia |
Motor Vehicle Wholesale |
|
700 |
|
|
|
Toyota
Motor Manufacturing de Baja California S .de R.L.de C.V. |
Subsidiary |
Tijuana, Baja California |
Mexico |
Motor Vehicle Parts Manufacturing |
|
683 |
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle Rental |
|
650 |
|
|
|
Subsidiary |
Oslo |
Norway |
Motor Vehicle Wholesale |
442.5 |
645 |
|
|
|
Subsidiary |
Oslo |
Norway |
Motor Vehicle Wholesale |
126.6 |
220 |
|
|
|
Subsidiary |
Skjetten |
Norway |
Motor Vehicle and Parts Dealers |
41.4 |
128 |
|
|
|
Subsidiary |
Rud, Akershus |
Norway |
Motor Vehicle Repair and Maintenance |
65.4 |
|
|
|
|
Subsidiary |
Drammen, Buskerud |
Norway |
Motor Vehicle and Parts Dealers |
52.8 |
|
|
|
|
Subsidiary |
Torp, Østfold |
Norway |
Motor Vehicle and Parts Dealers |
43.3 |
|
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Miscellaneous Manufacturing |
84.2 |
600 |
|
|
|
Subsidiary |
Santa Rosa |
Philippines |
Motor Vehicle Parts Manufacturing |
165.5 |
581 |
|
|
|
Subsidiary |
Scarborough, ON |
Canada |
Motor Vehicle Wholesale |
|
575 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Motor Vehicle and Parts Dealers |
6,162.5 |
534 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Banking |
|
450 |
|
|
|
Subsidiary |
Bengaluru, Karnataka |
India |
Motor Vehicle Manufacturing |
|
400 |
|
|
|
Subsidiary |
Altona North , VIC |
Australia |
Banking |
853.1 |
378 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer Programming |
131.8 |
366 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Advertising Services |
684.8 |
345 |
|
|
|
Subsidiary |
Maputo |
Mozambique |
Motor Vehicle Wholesale |
|
335 |
|
|
|
Subsidiary |
Bogotá DC |
Colombia |
Motor Vehicle Wholesale |
355.6 |
330 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Motor Vehicle Wholesale |
16,767.9 |
311 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Motor Vehicle Wholesale |
1,966.7 |
310 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Research and Development Services |
18.4 |
68 |
|
|
|
Subsidiary |
Köln |
Germany |
Motor Vehicle Rental |
|
10 |
|
|
|
Subsidiary |
Epsom |
United Kingdom |
Motor Vehicle and Parts Dealers |
2,174.4 |
307 |
|
|
|
Subsidiary |
Epsom |
United Kingdom |
Computer System Design Services |
10.7 |
|
|
|
|
Subsidiary |
Delta, BC |
Canada |
Motor Vehicle Parts Manufacturing |
124.1 |
300 |
|
|
|
Subsidiary |
Shah Alam |
Malaysia |
Motor Vehicle Parts Manufacturing |
90.2 |
300 |
|
|
|
Subsidiary |
Dar es Salaam |
Tanzania |
Motor Vehicle Wholesale |
|
300 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Banking |
|
300 |
|
|
|
Subsidiary |
Mytishchi |
Russian Federation |
Motor Vehicle Wholesale |
|
300 |
|
|
|
Subsidiary |
Auckland |
New Zealand |
Banking |
|
290 |
|
|
|
Subsidiary |
Sundbyberg |
Sweden |
Motor Vehicle and Parts Dealers |
586.6 |
282 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Motor Vehicle and Parts Dealers |
682.3 |
244 |
|
|
|
Subsidiary |
Roma |
Italy |
Motor Vehicle Wholesale |
1,206.7 |
240 |
|
|
|
Subsidiary |
Roma, Roma |
Italy |
Banking |
2.2 |
1 |
|
|
|
Subsidiary |
Palmerston North |
New Zealand |
Motor Vehicle Wholesale |
409.5 |
180 |
|
|
|
Division |
Saint Louis, MO |
United States |
Metal Products Manufacturing |
28.0 |
180 |
|
|
|
Branch |
Troy, MO |
United States |
Metal Products Manufacturing |
147.5 |
750 |
|
|
|
Branch |
Jackson, TN |
United States |
Metals and Minerals Wholesale |
262.4 |
100 |
|
|
|
Subsidiary |
Alcobendas, Madrid |
Spain |
Motor Vehicle Wholesale |
946.6 |
174 |
|
|
|
Subsidiary |
Irakleio |
Greece |
Motor Vehicle Wholesale |
309.9 |
174 |
|
|
|
Subsidiary |
Ilioupoli |
Greece |
Motor Vehicle and Parts Dealers |
21.8 |
50 |
|
|
|
Subsidiary |
Pylaia |
Greece |
Motor Vehicle and Parts Dealers |
15.6 |
47 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Motor Vehicle Repair and Maintenance |
72.9 |
160 |
|
|
|
Affiliates |
Accra |
Ghana |
Motor Vehicle and Parts Dealers |
|
155 |
|
|
|
Subsidiary |
Vaucresson |
France |
Motor Vehicle Wholesale |
1,817.3 |
149 |
|
|
|
Subsidiary |
Markham, ON |
Canada |
Banking |
28.2 |
120 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Motor Vehicle Wholesale |
|
120 |
|
|
|
Subsidiary |
Lutterworth |
United Kingdom |
Storage and Warehousing |
14.7 |
116 |
|
|
|
Subsidiary |
Toshima-Ku, Tokyo |
Japan |
Motor Vehicle Rental |
225.0 |
110 |
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Miscellaneous Professional Services |
36.5 |
108 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Motor Vehicle and Parts Dealers |
368.0 |
105 |
|
|
|
Subsidiary |
Santiago |
Chile |
Motor Vehicle Parts Manufacturing |
|
97 |
|
|
|
Subsidiary |
Roma, Roma |
Italy |
Shipping and Water Transport |
|
92 |
|
|
|
Subsidiary |
Wien |
Austria |
Motor Vehicle Wholesale |
308.1 |
89 |
|
|
|
Subsidiary |
Cuajimalpa |
Mexico |
Banking |
123.9 |
89 |
|
|
|
Subsidiary |
Drammen |
Norway |
Motor Vehicle Wholesale |
624.0 |
88 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Consulting Services |
12.7 |
88 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Internet and Web Services |
|
83 |
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Hotels and Accommodation |
22.8 |
80 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Motor Vehicle and Parts Dealers |
|
75 |
|
|
|
Subsidiary |
Sundbyberg |
Sweden |
Holding Companies |
|
75 |
|
|
|
Subsidiary |
Riccarton |
New Zealand |
Banking |
6.5 |
70 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Motor Vehicle and Parts Dealers |
|
60 |
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Motor Vehicle Wholesale |
|
60 |
|
|
|
Subsidiary |
New York, NY |
United States |
Motor Vehicle Manufacturing |
|
50 |
|
|
|
Subsidiary |
Long Beach, CA |
United States |
Motor Vehicle Wholesale |
|
270 |
|
|
|
Branch |
Newark, NJ |
United States |
Motor Vehicle Manufacturing |
52.3 |
240 |
|
|
|
Branch |
Portland, OR |
United States |
Motor Vehicle and Parts Dealers |
33.7 |
210 |
|
|
|
Branch |
Georgetown, KY |
United States |
Motor Vehicle Repair and Maintenance |
32.4 |
185 |
|
|
|
Branch |
San Diego, CA |
United States |
Motor Vehicle Repair and Maintenance |
3.0 |
14 |
|
|
|
Branch |
Princeton, IN |
United States |
Road Transportation Services |
2.4 |
14 |
|
|
|
Joint Venture |
Callao, Lima |
Peru |
Motor Vehicle Wholesale |
|
45 |
|
|
|
Subsidiary |
Middelfart, Fyn |
Denmark |
Commercial Real Estate Leasing |
4.9 |
35 |
|
|
|
Subsidiary |
San Diego, CA |
United States |
Banking |
|
35 |
|
|
|
Subsidiary |
Biot |
France |
Research and Development Services |
20.6 |
34 |
|
|
|
Subsidiary |
Onnaing |
France |
Motor Vehicle Manufacturing |
16.5 |
34 |
|
|
|
Subsidiary |
Illescas, Toledo |
Spain |
Miscellaneous Transportation Services |
12.0 |
33 |
|
|
|
Subsidiary |
Vila Nova De Gaia, Vila Nova De Gaia |
Portugal |
Miscellaneous Professional Services |
3.2 |
30 |
|
|
|
Subsidiary |
Monte Carlo |
Monaco |
Motor Vehicle Wholesale |
|
30 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Storage and Warehousing |
4.3 |
22 |
|
|
|
Subsidiary |
Malmö, Skåne |
Sweden |
Motor Vehicle and Parts Dealers |
12.7 |
5 |
|
|
|
Subsidiary |
Herlev, 1 |
Denmark |
Mortgage and Credit |
|
5 |
|
|
|
Subsidiary |
Amsterdam |
Netherlands |
Banking |
|
2 |
|
|
|
Subsidiary |
Brussel, Brussel-Hoofdstad |
Belgium |
Motor Vehicle Wholesale |
24,618.5 |
|
|
|
|
Subsidiary |
Vantaa |
Finland |
Motor Vehicle and Parts Dealers |
483.6 |
93 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Motor Vehicle and Parts Dealers |
77.1 |
113 |
|
|
|
Subsidiary |
Sundbyberg, Stockholm |
Sweden |
Holding Companies |
586.5 |
|
|
|
|
Toyota
Motor Asia Pacific Engineering and Manufacturing Co Ltd |
Subsidiary |
Bangbor, Samutprakarn |
Thailand |
Motor Vehicle Manufacturing |
7,011.6 |
|
|
|
Subsidiary |
Bengaluru, Karnataka |
India |
Motor Vehicle Manufacturing |
2,391.0 |
|
|
|
|
Subsidiary |
México, D.F. |
Mexico |
Motor Vehicle and Parts Dealers |
1,955.0 |
|
|
|
|
Subsidiary |
Kakegawa, Shizuoka |
Japan |
Basic Chemical Manufacturing |
1,672.2 |
|
|
|
|
Subsidiary |
Pluak Daeng, Rayong |
Thailand |
Motor Vehicle Parts Manufacturing |
|
200 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Basic Chemical Manufacturing |
378.2 |
150 |
|
|
|
Subsidiary |
Shizuishan, Ningxia |
China |
Basic Chemical Manufacturing |
|
120 |
|
|
|
Subsidiary |
Isipingo, Kwazulu-Natal |
South Africa |
Motor Vehicle Repair and Maintenance |
|
90 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Motor Vehicle Wholesale |
1,464.1 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Motor Vehicle and Parts Dealers |
52.3 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Motor Vehicle and Parts Dealers |
839.3 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Motor Vehicle Rental |
72.9 |
74 |
|
|
|
Subsidiary |
Neyagawa, Osaka |
Japan |
Miscellaneous Professional Services |
68.8 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Trucking |
837.4 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Miscellaneous Professional Services |
44.3 |
120 |
|
|
|
Subsidiary |
Gotemba, Shizuoka |
Japan |
Trucking |
23.1 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Architecture and Engineering |
786.5 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Motor Vehicle Wholesale |
608.5 |
|
|
|
|
Subsidiary |
RÃo Piedras |
Puerto Rico |
Motor Vehicle Wholesale |
588.0 |
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle and Parts Dealers |
583.1 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Motor Vehicle Rental |
552.0 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Motor Vehicle and Parts Dealers |
535.5 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Metal Products Manufacturing |
528.5 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Motor Vehicle and Parts Dealers |
515.0 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Motor Vehicle Rental |
64.9 |
|
|
|
|
Subsidiary |
Seto, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
495.0 |
|
|
|
|
Subsidiary |
Neyagawa, Osaka |
Japan |
Motor Vehicle Wholesale |
488.9 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Motor Vehicle and Parts Dealers |
384.5 |
|
|
|
|
Subsidiary |
Shizuoka, Shizuoka |
Japan |
Motor Vehicle and Parts Dealers |
381.5 |
|
|
|
|
Subsidiary |
Sapporo, Hokkaido |
Japan |
Motor Vehicle Wholesale |
367.4 |
|
|
|
|
Subsidiary |
Komaki, Aichi |
Japan |
Trucking |
353.7 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Trucking |
20.3 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Employment Services |
343.4 |
|
|
|
|
Subsidiary |
Chiba, Chiba |
Japan |
Miscellaneous Professional Services |
333.8 |
|
|
|
|
Subsidiary |
Koto-Ku, Tokyo |
Japan |
Airlines |
310.2 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Metal Products Manufacturing |
287.0 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Motor Vehicle and Parts Dealers |
272.5 |
|
|
|
|
Subsidiary |
Sendai, Miyagi |
Japan |
Motor Vehicle and Parts Dealers |
260.4 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
254.8 |
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle and Parts Dealers |
232.2 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer System Design Services |
195.9 |
|
|
|
|
Subsidiary |
Suginami-Ku, Tokyo |
Japan |
Motor Vehicle Wholesale |
185.4 |
|
|
|
|
Subsidiary |
Fukui, Fukui |
Japan |
Motor Vehicle and Parts Dealers |
129.3 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Pensions and Funds |
124.9 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
2,169.0 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
999.3 |
|
|
|
|
Subsidiary |
Meguro-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
857.3 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
664.1 |
|
|
|
|
Subsidiary |
Tama, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
332.7 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Motor Vehicle and Parts Dealers |
101.7 |
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Miscellaneous Professional Services |
27.6 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Motor Vehicle and Parts Dealers |
85.9 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Computer Programming |
27.3 |
|
|
|
|
Subsidiary |
Morioka, Iwate |
Japan |
Motor Vehicle and Parts Dealers |
122.2 |
|
|
|
|
Subsidiary |
Munakata, Fukuoka |
Japan |
Architecture and Engineering |
107.6 |
|
|
|
|
Subsidiary |
Miyoshi, Hiroshima |
Japan |
Non-Metallic Mineral Product Manufacturing |
101.8 |
|
|
|
|
Subsidiary |
Oita, Oita |
Japan |
Motor Vehicle and Parts Dealers |
101.1 |
|
|
|
|
Subsidiary |
Tomakomai, Hokkaido |
Japan |
Motor Vehicle and Parts Dealers |
77.6 |
|
|
|
|
Subsidiary |
Shizuoka, Shizuoka |
Japan |
Miscellaneous Chemical Manufacturing |
71.1 |
|
|
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Miscellaneous Chemical Manufacturing |
4.9 |
31 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Miscellaneous Chemical Manufacturing |
5.3 |
20 |
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Health and Personal Care Wholesale |
67.7 |
|
|
|
|
Subsidiary |
Sunto-Gun, Shizuoka |
Japan |
Spectator Sports |
39.0 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Travel and Reservation Services |
24.4 |
|
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Printing |
7.7 |
|
|
|
|
Subsidiary |
Port Louis |
Mauritius |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Lusaka |
Zambia |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Lima |
Peru |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Caracas |
Venezuela |
Motor Vehicle Manufacturing |
|
|
|
|
|
Subsidiary |
Nagoya |
Japan |
Banking |
|
|
|
|
|
Subsidiary |
Epsom |
United Kingdom |
Banking |
|
346 |
|
|
|
Subsidiary |
Beijing, Beijing |
China |
Banking |
|
340 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Banking |
|
200 |
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Banking |
1,838.6 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Investment Services |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Investment Services |
|
|
|
|
|
Subsidiary |
Casablanca |
Morocco |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Real Estate Agents and Brokers |
|
|
|
|
|
Toyota
Motor Asia Pacific Engineering and Manufacturing Co., Ltd. |
Subsidiary |
Samut Prakan |
Thailand |
Miscellaneous Professional Services |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Real Estate Agents and Brokers |
|
|
|
|
|
Subsidiary |
Utsunomiya, Tochigi |
Japan |
Residential and Commercial Building Construction |
234.4 |
72 |
|
|
|
Subsidiary |
Toyota, Aichi |
Japan |
Real Estate Agents and Brokers |
479.1 |
|
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Residential and Commercial Building Construction |
239.6 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Real Estate Agents and Brokers |
77.2 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Residential and Commercial Building Construction |
62.5 |
|
|
|
|
Facility |
Toyota, Aichi |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Misurata |
Libyan Arab Jamahiriya |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Algiers |
Algeria |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Long Beach, CA |
United States |
Motor Vehicle Manufacturing |
|
|
|
|
|
Toyota Motor Sales & Marketing
Corporation |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Commercial Real Estate Leasing |
86.5 |
|
|
|
|
Subsidiary |
Toshima-Ku, Tokyo |
Japan |
Real Estate Agents and Brokers |
32.7 |
|
|
|
Competitors Report
|
Company Name |
Location |
Employees |
Ownership |
|
AB Volvo |
Goteborg, Sweden |
95,956 |
Public |
|
Daimler AG |
Stuttgart, Germany |
276,044 |
Public |
|
ISUZU MOTORS LIMITED |
Shinagawa-Ku, Japan |
26,102 |
Public |
|
Navistar International Corp |
Lisle, Illinois, United States |
16,900 |
Public |
|
Oshkosh Corporation |
Oshkosh, Wisconsin, United States |
13,200 |
Public |
|
PACCAR Inc |
Bellevue, Washington, United States |
22,000 |
Public |
|
Tata Motors Limited |
Mumbai, India |
62,716 |
Public |
Executive report
|
Board of
Directors |
|
|
|
|
|||||||||
|
Chairman of the Board, Representative Director |
Chairman |
|
|||||||||
|
||||||||||||
|
Vice President, Chairman of Subsidiary, Director |
Chairman |
|
|
||||||||
|
||||||||||||
|
Board Member |
Chairman |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
President, Representative Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director, Nitta Plant Manager |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Vice President, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
President |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Vice President, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Executives |
|
|
|
|
|||||||||
|
President, Representative Director |
President |
|
|||||||||
|
||||||||||||
|
President |
President |
|
|
||||||||
|
||||||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director, Nitta Plant Manager |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Senior Managing Director |
Managing Director |
|
|
||||||||
|
||||||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
Significant Developments
ISUZU MOTORS LTD
and HINO MOTORS LTD to Recall 1,900 Buses in Japan- Jiji Press Aug 27, 2013
Jiji Press
reported that ISUZU MOTORS LTD and HINO MOTORS LTD informed Japan's transport ministry
on August 27, 2013 that they are recalling about 1,900 buses in total because
of a possible door sensor defect. ISUZU's recall affects a total of 1,104 units
of Erga and Erga Mio made between May 2009 and May 2013.
R&I Affirms
Rating on HINO MOTORS LTD at "A-"; Rating Outlook Stable Jul 26, 2013
Rating and
Investment Information, Inc. (R&I) announced that it has affirmed the
rating on HINO MOTORS, LTD. at "A-". The rating outlook is stable.
HINO MOTORS LTD
Announces Officer Changes; Apr 25, 2013
HINO MOTORS LTD
announced that it has appointed Yasuhiko Ichihashi as President and
Representative Director, to replace Yoshio Shirai, who will retire from the
position, effective June 21, 2013. The Company's Chairman of the Board and
Representative Director, Kazuo Okamoto, will retire from the position,
effective June 21, 2013.
HINO MOTORS LTD
Announces Year-end Dividend Payment for FY 2013 Apr 25, 2013
HINO MOTORS LTD
announced that it has decided to pay a year-end dividend of JPY 15.00 per
share, above the last forecast of JPY 8.00 per share, to all shareholders of
record as of March 31, 2013, for the fiscal year ended March 31, 2013. The
payment will be conducted on June 24, 2013
.
HINO MOTORS LTD to
Pay Mid-term Dividend for FY 2013; Raises Year-end Dividend Forecast for FY
2013 Oct 25, 2012
HINO MOTORS LTD
announced that it has decided to pay a mid-term dividend of JPY 8.00 per share
(JPY 4,565 million in total), above the latest dividend forecast of JPY 5.00
per share, to all the shareholders as a record of September 30, 2012, effective
November 26, 2012. The Company also has raised its year-end dividend forecast
from JPY 5.00 per share to JPY 8.00 per share, for the fiscal year ending March
2013.
MBM Resources
Berhad Signs Joint Venture Agreement With Hino Motors, Ltd. Sep 28, 2012
MBM Resources
Berhad announced that the Company has entered into a Joint Venture Agreement on
September 28, 2012, with Hino Motors, Ltd. Japan (HML) for the purpose of
forming a mutual partnership in assembling, manufacturing and selling trucks
and buses of Hino Motors brand within Malaysia.
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
18,577.2 |
16,648.5 |
14,501.9 |
11,012.3 |
10,643.3 |
|
Revenue |
18,577.2 |
16,648.5 |
14,501.9 |
11,012.3 |
10,643.3 |
|
Total Revenue |
18,577.2 |
16,648.5 |
14,501.9 |
11,012.3 |
10,643.3 |
|
|
|
|
|
|
|
|
Cost of Revenue |
15,837.4 |
14,392.2 |
12,560.2 |
9,672.5 |
9,405.7 |
|
Cost of Revenue, Total |
15,837.4 |
14,392.2 |
12,560.2 |
9,672.5 |
9,405.7 |
|
Gross Profit |
2,739.8 |
2,256.3 |
1,941.7 |
1,339.8 |
1,237.6 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
1,364.4 |
1,190.0 |
1,104.0 |
873.7 |
960.7 |
|
Labor & Related Expense |
536.5 |
534.7 |
471.3 |
429.5 |
438.7 |
|
Advertising Expense |
54.0 |
56.4 |
29.0 |
24.4 |
31.7 |
|
Total Selling/General/Administrative Expenses |
1,954.9 |
1,781.1 |
1,604.3 |
1,327.6 |
1,431.1 |
|
Impairment-Assets Held for Use |
8.2 |
7.9 |
2.4 |
7.8 |
9.4 |
|
Impairment-Assets Held for Sale |
- |
- |
- |
0.0 |
10.3 |
|
Other Unusual Expense (Income) |
5.8 |
236.7 |
91.3 |
20.5 |
38.3 |
|
Unusual Expense (Income) |
14.0 |
244.6 |
93.7 |
28.3 |
58.0 |
|
Other Operating Expense |
0.0 |
0.0 |
- |
- |
- |
|
Other Operating Expenses, Total |
0.0 |
0.0 |
- |
- |
- |
|
Total Operating Expense |
17,806.3 |
16,417.8 |
14,258.3 |
11,028.4 |
10,894.8 |
|
|
|
|
|
|
|
|
Operating Income |
770.8 |
230.7 |
243.6 |
-16.1 |
-251.5 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-43.1 |
-45.0 |
-46.0 |
-47.3 |
-49.8 |
|
Interest Expense, Net Non-Operating |
-43.1 |
-45.0 |
-46.0 |
-47.3 |
-49.8 |
|
Interest Income -
Non-Operating |
11.2 |
12.9 |
14.4 |
14.4 |
15.8 |
|
Investment Income -
Non-Operating |
45.2 |
-21.5 |
-23.1 |
-5.6 |
-39.6 |
|
Interest/Investment Income - Non-Operating |
56.5 |
-8.6 |
-8.7 |
8.8 |
-23.8 |
|
Interest Income (Expense) - Net Non-Operating Total |
13.3 |
-53.6 |
-54.7 |
-38.5 |
-73.6 |
|
Gain (Loss) on Sale of Assets |
-4.8 |
35.1 |
-6.9 |
-15.8 |
-14.4 |
|
Other Non-Operating Income (Expense) |
17.3 |
19.4 |
10.8 |
7.3 |
-9.1 |
|
Other, Net |
17.3 |
19.4 |
10.8 |
7.3 |
-9.1 |
|
Income Before Tax |
796.7 |
231.6 |
192.9 |
-63.1 |
-348.6 |
|
|
|
|
|
|
|
|
Total Income Tax |
147.3 |
-34.0 |
255.6 |
-60.6 |
259.9 |
|
Income After Tax |
649.4 |
265.6 |
-62.7 |
-2.5 |
-608.6 |
|
|
|
|
|
|
|
|
Minority Interest |
-74.6 |
-59.1 |
-54.4 |
-29.8 |
-6.8 |
|
Net Income Before Extraord Items |
574.7 |
206.5 |
-117.1 |
-32.3 |
-615.3 |
|
Net Income |
574.7 |
206.5 |
-117.1 |
-32.3 |
-615.3 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
0.0 |
0.0 |
-0.1 |
-0.1 |
-0.1 |
|
Total Adjustments to Net Income |
0.0 |
0.0 |
-0.1 |
-0.1 |
-0.1 |
|
Income Available to Common Excl Extraord Items |
574.7 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
574.7 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
570.8 |
570.0 |
570.3 |
571.6 |
573.3 |
|
Basic EPS Excl Extraord Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Basic/Primary EPS Incl Extraord Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
574.8 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
Diluted Weighted Average Shares |
571.7 |
570.3 |
570.3 |
571.6 |
573.3 |
|
Diluted EPS Excl Extraord Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Diluted EPS Incl Extraord Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Dividends per Share - Common Stock Primary Issue |
0.28 |
0.10 |
0.06 |
0.02 |
0.05 |
|
Gross Dividends - Common Stock |
158.3 |
57.8 |
33.3 |
12.3 |
28.6 |
|
Interest Expense, Supplemental |
43.1 |
45.0 |
46.0 |
47.3 |
49.8 |
|
Depreciation, Supplemental |
569.9 |
634.3 |
618.8 |
574.0 |
542.1 |
|
Total Special Items |
18.8 |
209.5 |
100.7 |
44.3 |
72.4 |
|
Normalized Income Before Tax |
815.5 |
441.1 |
293.6 |
-18.8 |
-276.2 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
3.5 |
73.3 |
35.2 |
15.4 |
25.4 |
|
Inc Tax Ex Impact of Sp Items |
150.8 |
39.3 |
290.8 |
-45.1 |
285.3 |
|
Normalized Income After Tax |
664.7 |
401.7 |
2.8 |
26.3 |
-561.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
590.1 |
342.6 |
-51.7 |
-3.6 |
-568.3 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.03 |
0.60 |
-0.09 |
-0.01 |
-0.99 |
|
Diluted Normalized EPS |
1.03 |
0.60 |
-0.09 |
-0.01 |
-0.99 |
|
Amort of Acquisition Costs, Supplemental |
- |
- |
0.0 |
0.1 |
0.0 |
|
Rental Expenses |
67.4 |
62.3 |
56.9 |
50.7 |
54.1 |
|
Advertising Expense, Supplemental |
54.0 |
56.4 |
29.0 |
24.4 |
31.7 |
|
Research & Development Exp, Supplemental |
522.5 |
511.1 |
479.3 |
409.6 |
407.3 |
|
Reported Operating Profit |
784.8 |
475.3 |
337.3 |
12.2 |
-193.5 |
|
Reported Ordinary Profit |
806.6 |
437.9 |
292.4 |
-20.6 |
-303.0 |
|
Normalized EBIT |
784.8 |
475.3 |
337.4 |
12.2 |
-193.5 |
|
Normalized EBITDA |
1,354.7 |
1,109.5 |
956.2 |
586.4 |
348.6 |
|
Current Tax - Total |
175.4 |
133.6 |
- |
- |
- |
|
Current Tax - Total |
175.4 |
133.6 |
- |
- |
- |
|
Deferred Tax - Total |
-28.0 |
-167.6 |
- |
- |
- |
|
Deferred Tax - Total |
-28.0 |
-167.6 |
- |
- |
- |
|
Income Tax - Total |
147.4 |
-34.0 |
- |
- |
- |
|
Interest Cost - Domestic |
17.8 |
18.8 |
16.9 |
15.2 |
15.8 |
|
Service Cost - Domestic |
63.7 |
68.5 |
60.4 |
42.2 |
55.5 |
|
Prior Service Cost - Domestic |
0.1 |
0.1 |
0.1 |
0.0 |
0.0 |
|
Expected Return on Assets - Domestic |
-5.9 |
-5.4 |
-5.0 |
-4.2 |
-7.3 |
|
Actuarial Gains and Losses - Domestic |
5.4 |
124.3 |
15.0 |
14.0 |
10.1 |
|
Transition Costs - Domestic |
- |
9.4 |
9.5 |
9.1 |
28.1 |
|
Other Pension, Net - Domestic |
0.0 |
-0.6 |
-1.1 |
0.0 |
- |
|
Domestic Pension Plan Expense |
81.2 |
215.1 |
95.8 |
76.3 |
102.2 |
|
Defined Contribution Expense - Domestic |
8.6 |
- |
- |
- |
- |
|
Total Pension Expense |
89.8 |
215.1 |
95.8 |
76.3 |
102.2 |
|
Discount Rate - Domestic |
1.40% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Expected Rate of Return - Domestic |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Total Plan Interest Cost |
17.8 |
18.8 |
16.9 |
15.2 |
15.8 |
|
Total Plan Service Cost |
63.7 |
68.5 |
60.4 |
42.2 |
55.5 |
|
Total Plan Expected Return |
-5.9 |
-5.4 |
-5.0 |
-4.2 |
-7.3 |
|
Total Plan Other Expense |
0.0 |
-0.6 |
-1.1 |
0.0 |
- |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
288.5 |
313.8 |
409.4 |
328.1 |
301.0 |
|
Cash and Short Term Investments |
288.5 |
313.8 |
409.4 |
328.1 |
301.0 |
|
Accounts Receivable -
Trade, Gross |
2,919.4 |
3,259.2 |
2,241.9 |
2,170.8 |
1,513.1 |
|
Provision for Doubtful
Accounts |
-37.2 |
-39.3 |
-35.1 |
-34.5 |
-30.5 |
|
Trade Accounts Receivable - Net |
2,882.1 |
3,219.9 |
2,206.8 |
2,136.3 |
1,482.6 |
|
Total Receivables, Net |
2,882.1 |
3,219.9 |
2,206.8 |
2,136.3 |
1,482.6 |
|
Inventories - Finished Goods |
910.1 |
801.8 |
584.0 |
536.5 |
623.2 |
|
Inventories - Work In Progress |
254.0 |
330.1 |
315.7 |
198.7 |
229.3 |
|
Inventories - Raw Materials |
404.0 |
351.1 |
240.7 |
254.3 |
168.4 |
|
Total Inventory |
1,568.0 |
1,483.1 |
1,140.5 |
989.5 |
1,020.9 |
|
Deferred Income Tax - Current Asset |
237.1 |
214.4 |
30.3 |
164.4 |
46.7 |
|
Other Current Assets |
255.3 |
287.7 |
181.4 |
190.8 |
221.5 |
|
Other Current Assets, Total |
492.4 |
502.1 |
211.7 |
355.3 |
268.2 |
|
Total Current Assets |
5,231.0 |
5,518.8 |
3,968.4 |
3,809.2 |
3,072.7 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
3,197.5 |
3,493.6 |
3,563.8 |
3,392.1 |
3,514.2 |
|
Intangibles, Net |
175.2 |
206.6 |
218.1 |
233.7 |
270.3 |
|
LT Investment - Affiliate Companies |
134.7 |
139.4 |
155.1 |
- |
- |
|
LT Investments - Other |
804.6 |
776.3 |
640.6 |
739.7 |
626.4 |
|
Long Term Investments |
939.4 |
915.6 |
795.7 |
739.7 |
626.4 |
|
Note Receivable - Long Term |
- |
- |
- |
0.0 |
5.7 |
|
Deferred Income Tax - Long Term Asset |
28.4 |
36.2 |
42.5 |
25.7 |
26.3 |
|
Other Long Term Assets |
30.3 |
85.9 |
124.6 |
123.6 |
130.1 |
|
Other Long Term Assets, Total |
58.7 |
122.1 |
167.1 |
149.3 |
156.5 |
|
Total Assets |
9,601.9 |
10,256.8 |
8,713.0 |
8,324.1 |
7,645.9 |
|
|
|
|
|
|
|
|
Accounts Payable |
2,443.3 |
2,880.9 |
1,982.0 |
1,899.7 |
1,116.5 |
|
Accrued Expenses |
54.7 |
55.5 |
50.5 |
38.3 |
38.3 |
|
Notes Payable/Short Term Debt |
1,294.2 |
1,330.1 |
823.3 |
1,183.6 |
2,035.9 |
|
Current Portion - Long Term Debt/Capital Leases |
238.0 |
535.4 |
536.3 |
89.0 |
227.9 |
|
Income Taxes Payable |
79.4 |
54.1 |
50.5 |
33.5 |
17.5 |
|
Other Payables |
181.4 |
203.0 |
120.5 |
62.9 |
152.2 |
|
Other Current Liabilities |
826.7 |
738.0 |
625.3 |
456.2 |
542.2 |
|
Other Current liabilities, Total |
1,087.5 |
995.1 |
796.4 |
552.6 |
711.9 |
|
Total Current Liabilities |
5,117.8 |
5,797.0 |
4,188.5 |
3,763.1 |
4,130.4 |
|
|
|
|
|
|
|
|
Long Term Debt |
258.8 |
474.1 |
932.4 |
1,253.7 |
504.4 |
|
Capital Lease Obligations |
177.9 |
184.0 |
201.8 |
211.6 |
221.5 |
|
Total Long Term Debt |
436.8 |
658.1 |
1,134.2 |
1,465.3 |
725.9 |
|
Total Debt |
1,969.0 |
2,523.7 |
2,493.8 |
2,737.9 |
2,989.7 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
248.2 |
223.5 |
197.2 |
169.1 |
121.2 |
|
Deferred Income Tax |
248.2 |
223.5 |
197.2 |
169.1 |
121.2 |
|
Minority Interest |
359.7 |
309.3 |
292.6 |
204.9 |
163.2 |
|
Reserves |
12.8 |
14.6 |
14.4 |
0.0 |
- |
|
Pension Benefits - Underfunded |
581.9 |
661.6 |
541.7 |
464.1 |
435.1 |
|
Other Long Term Liabilities |
27.3 |
50.3 |
25.5 |
25.4 |
16.6 |
|
Other Liabilities, Total |
622.0 |
726.5 |
581.6 |
489.5 |
451.7 |
|
Total Liabilities |
6,784.4 |
7,714.5 |
6,394.1 |
6,091.9 |
5,592.4 |
|
|
|
|
|
|
|
|
Common Stock |
772.9 |
882.6 |
877.4 |
778.2 |
736.2 |
|
Common Stock |
772.9 |
882.6 |
877.4 |
778.2 |
736.2 |
|
Additional Paid-In Capital |
689.8 |
785.7 |
779.5 |
690.1 |
651.7 |
|
Retained Earnings (Accumulated Deficit) |
1,135.0 |
806.8 |
646.6 |
706.2 |
698.8 |
|
Treasury Stock - Common |
-11.9 |
-18.4 |
-20.0 |
-12.3 |
-7.4 |
|
Unrealized Gain (Loss) |
294.2 |
248.6 |
180.1 |
169.0 |
99.4 |
|
Translation Adjustment |
-60.8 |
-160.8 |
-144.1 |
-97.4 |
-124.8 |
|
Other Equity |
0.0 |
0.0 |
- |
- |
- |
|
Other Comprehensive Income |
-1.7 |
-2.3 |
-0.5 |
-1.6 |
-0.5 |
|
Other Equity, Total |
-62.5 |
-163.1 |
-144.6 |
-99.0 |
-125.3 |
|
Total Equity |
2,817.4 |
2,542.3 |
2,318.9 |
2,232.1 |
2,053.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
9,601.9 |
10,256.8 |
8,713.0 |
8,324.1 |
7,645.9 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
571.4 |
570.3 |
569.9 |
571.2 |
572.5 |
|
Total Common Shares Outstanding |
571.4 |
570.3 |
569.9 |
571.2 |
572.5 |
|
Treasury Shares - Common Stock Primary Issue |
3.1 |
4.3 |
4.7 |
3.4 |
2.1 |
|
Employees |
27,705 |
25,820 |
24,934 |
24,785 |
24,492 |
|
Number of Common Shareholders |
9,356 |
10,045 |
11,069 |
11,601 |
12,515 |
|
Total Long Term Debt, Supplemental |
484.7 |
991.4 |
1,451.2 |
1,325.2 |
714.6 |
|
Long Term Debt Maturing within 1 Year |
225.9 |
517.2 |
518.8 |
71.5 |
210.2 |
|
Long Term Debt Maturing in Year 2 |
186.1 |
258.1 |
510.0 |
456.6 |
43.6 |
|
Long Term Debt Maturing in Year 3 |
49.1 |
206.7 |
235.6 |
448.6 |
154.0 |
|
Long Term Debt Maturing in Year 4 |
11.2 |
1.8 |
184.5 |
185.2 |
133.3 |
|
Long Term Debt Maturing in Year 5 |
10.6 |
4.4 |
1.0 |
161.5 |
173.0 |
|
Long Term Debt Maturing in 2-3 Years |
235.2 |
464.8 |
745.6 |
905.2 |
197.7 |
|
Long Term Debt Maturing in 4-5 Years |
21.9 |
6.2 |
185.5 |
346.6 |
306.3 |
|
Long Term Debt Matur. in Year 6 & Beyond |
1.8 |
3.1 |
1.3 |
1.9 |
0.4 |
|
Total Capital Leases, Supplemental |
190.1 |
202.2 |
219.3 |
229.1 |
239.2 |
|
Capital Lease Payments Due in Year 1 |
12.1 |
18.2 |
17.5 |
17.5 |
17.7 |
|
Capital Lease Payments Due in Year 2 |
11.5 |
11.4 |
18.1 |
16.2 |
16.7 |
|
Capital Lease Payments Due in Year 3 |
11.6 |
10.5 |
11.3 |
16.7 |
15.6 |
|
Capital Lease Payments Due in Year 4 |
11.6 |
10.6 |
10.4 |
10.7 |
15.9 |
|
Capital Lease Payments Due in Year 5 |
10.2 |
10.2 |
10.4 |
9.9 |
10.2 |
|
Capital Lease Payments Due in 2-3 Years |
23.2 |
22.0 |
29.4 |
32.9 |
32.2 |
|
Capital Lease Payments Due in 4-5 Years |
21.8 |
20.7 |
20.9 |
20.6 |
26.2 |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
133.0 |
141.3 |
151.6 |
158.1 |
163.1 |
|
Pension Obligation - Domestic |
1,007.1 |
1,047.0 |
1,033.6 |
905.3 |
947.2 |
|
Plan Assets - Domestic |
334.9 |
323.9 |
324.5 |
287.9 |
350.4 |
|
Funded Status - Domestic |
-672.3 |
-723.1 |
-709.1 |
-617.4 |
-596.9 |
|
Total Funded Status |
-672.3 |
-723.1 |
-709.1 |
-617.4 |
-596.9 |
|
Discount Rate - Domestic |
1.40% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Expected Rate of Return - Domestic |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Accrued Liabilities - Domestic |
-563.9 |
-640.0 |
-519.1 |
-442.3 |
-414.3 |
|
Other Assets, Net - Domestic |
108.3 |
83.1 |
190.0 |
175.0 |
182.5 |
|
Net Assets Recognized on Balance Sheet |
-455.6 |
-556.9 |
-329.0 |
-267.3 |
-231.8 |
|
Total Plan Obligations |
1,007.1 |
1,047.0 |
1,033.6 |
905.3 |
947.2 |
|
Total Plan Assets |
334.9 |
323.9 |
324.5 |
287.9 |
350.4 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
796.7 |
231.6 |
192.8 |
-63.1 |
-348.7 |
|
Depreciation |
569.9 |
634.3 |
618.8 |
574.0 |
542.1 |
|
Depreciation/Depletion |
569.9 |
634.3 |
618.8 |
574.0 |
542.1 |
|
Amortization of Acquisition Costs |
- |
- |
0.0 |
0.1 |
0.0 |
|
Amortization |
- |
- |
0.0 |
0.1 |
0.0 |
|
Unusual Items |
4.1 |
-30.4 |
21.1 |
22.3 |
7.7 |
|
Equity in Net Earnings (Loss) |
-4.5 |
18.9 |
2.3 |
40.1 |
15.2 |
|
Other Non-Cash Items |
145.7 |
155.9 |
84.0 |
-11.6 |
72.9 |
|
Non-Cash Items |
145.3 |
144.4 |
107.4 |
50.8 |
95.8 |
|
Accounts Receivable |
118.1 |
-1,071.9 |
155.2 |
-535.1 |
790.0 |
|
Inventories |
-170.5 |
-366.8 |
-60.3 |
121.6 |
-89.2 |
|
Accounts Payable |
-238.6 |
950.8 |
-102.4 |
689.1 |
-745.9 |
|
Other Operating Cash Flow |
-52.5 |
-75.8 |
24.8 |
26.6 |
-329.6 |
|
Changes in Working Capital |
-343.6 |
-563.6 |
17.3 |
302.2 |
-374.8 |
|
Cash from Operating Activities |
1,168.2 |
446.6 |
936.4 |
864.0 |
-85.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-602.3 |
-495.0 |
-320.0 |
-395.0 |
-549.2 |
|
Purchase/Acquisition of Intangibles |
-70.1 |
-69.2 |
-42.6 |
-39.1 |
-78.2 |
|
Capital Expenditures |
-672.4 |
-564.2 |
-362.7 |
-434.2 |
-627.5 |
|
Acquisition of Business |
- |
-2.2 |
- |
- |
- |
|
Sale of Fixed Assets |
13.5 |
85.6 |
9.6 |
7.5 |
3.9 |
|
Sale/Maturity of Investment |
15.9 |
3.2 |
7.9 |
7.1 |
76.8 |
|
Purchase of Investments |
-30.7 |
-16.0 |
-2.9 |
-17.5 |
-24.7 |
|
Other Investing Cash Flow |
16.4 |
3.5 |
-1.8 |
2.5 |
0.9 |
|
Other Investing Cash Flow Items, Total |
15.1 |
74.0 |
12.8 |
-0.5 |
56.9 |
|
Cash from Investing Activities |
-657.2 |
-490.2 |
-349.9 |
-434.6 |
-570.5 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-2.9 |
-23.9 |
12.4 |
0.4 |
5.5 |
|
Financing Cash Flow Items |
-2.9 |
-23.9 |
12.4 |
0.4 |
5.5 |
|
Cash Dividends Paid - Common |
-89.4 |
-43.3 |
-26.6 |
0.0 |
-57.1 |
|
Total Cash Dividends Paid |
-89.4 |
-43.3 |
-26.6 |
0.0 |
-57.1 |
|
Repurchase/Retirement
of Common |
-0.3 |
-0.1 |
-6.0 |
-4.7 |
-3.5 |
|
Common Stock, Net |
-0.3 |
-0.1 |
-6.0 |
-4.7 |
-3.5 |
|
Issuance (Retirement) of Stock, Net |
-0.3 |
-0.1 |
-6.0 |
-4.7 |
-3.5 |
|
Short Term Debt, Net |
24.4 |
529.0 |
-464.6 |
-985.5 |
643.6 |
|
Long Term Debt Issued |
49.0 |
34.0 |
43.5 |
802.6 |
339.7 |
|
Long Term Debt Reduction |
-506.8 |
-552.4 |
-90.3 |
-236.4 |
-250.9 |
|
Long Term Debt, Net |
-457.8 |
-518.4 |
-46.9 |
566.2 |
88.8 |
|
Issuance (Retirement) of Debt, Net |
-433.4 |
10.7 |
-511.5 |
-419.3 |
732.3 |
|
Cash from Financing Activities |
-526.0 |
-56.6 |
-531.7 |
-423.5 |
677.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
15.3 |
-9.1 |
-10.8 |
4.4 |
-14.0 |
|
Net Change in Cash |
0.3 |
-109.3 |
44.0 |
10.2 |
7.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
307.6 |
432.5 |
354.5 |
316.6 |
285.7 |
|
Net Cash - Ending Balance |
307.9 |
323.2 |
398.5 |
326.9 |
292.9 |
|
Cash Interest Paid |
44.8 |
45.1 |
38.0 |
45.9 |
51.8 |
|
Cash Taxes Paid |
123.8 |
148.5 |
94.9 |
-26.5 |
172.1 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
18,577.2 |
16,648.5 |
14,501.9 |
11,012.3 |
10,643.3 |
|
Total Revenue |
18,577.2 |
16,648.5 |
14,501.9 |
11,012.3 |
10,643.3 |
|
|
|
|
|
|
|
|
Rounding adjustment Income Statement |
0.0 |
0.0 |
- |
- |
- |
|
Cost of finished goods sold |
15,837.4 |
14,392.2 |
12,560.2 |
9,672.5 |
9,405.7 |
|
Other Selling/General/Admin. Expense |
0.1 |
- |
- |
- |
- |
|
Transportation And Warehousing Expenses |
129.9 |
- |
- |
- |
- |
|
Other Selling/General/Admin. Expense |
- |
0.1 |
- |
- |
- |
|
Commissions |
173.7 |
126.5 |
106.2 |
69.0 |
85.3 |
|
Transp. & Storage |
- |
123.0 |
104.1 |
76.5 |
95.6 |
|
Product Guarantee |
303.3 |
178.7 |
145.3 |
87.3 |
120.4 |
|
Advertisement |
54.0 |
56.4 |
29.0 |
24.4 |
31.7 |
|
Salaries |
463.9 |
460.7 |
404.8 |
381.4 |
373.0 |
|
Res.Bonuses |
25.8 |
25.0 |
21.9 |
19.2 |
25.8 |
|
Provision for directors' bonuses |
9.2 |
6.5 |
4.8 |
2.1 |
0.0 |
|
Acd.Retirement Exp. |
32.4 |
36.7 |
34.5 |
21.6 |
34.2 |
|
Provision for directors'' retirement ben |
5.3 |
5.7 |
5.3 |
5.3 |
5.8 |
|
Rent |
67.4 |
62.3 |
56.9 |
50.7 |
54.1 |
|
Allow.Doubt.Act. |
9.0 |
8.5 |
0.8 |
6.4 |
8.2 |
|
Other SG&A |
680.9 |
691.0 |
690.7 |
583.9 |
597.0 |
|
Other Unusual Expense (Income) |
0.0 |
- |
- |
- |
- |
|
Provision for retirement benefits |
0.0 |
110.9 |
- |
- |
- |
|
SP Gon revision of retir. benefit |
- |
- |
-1.1 |
0.0 |
- |
|
SP Other Special Gain |
-0.9 |
-5.2 |
-6.3 |
-2.2 |
-2.4 |
|
SP Impairment Loss |
8.2 |
7.9 |
2.4 |
7.8 |
9.4 |
|
SP Loss Val.Inv.Sec. |
- |
- |
- |
0.0 |
10.3 |
|
SP L on adjut. for changes of account |
- |
0.0 |
12.7 |
0.0 |
- |
|
SP L on Pension Accounting Change |
- |
- |
1.5 |
2.2 |
28.1 |
|
SP Reserve prior directors' retir.bene. |
- |
- |
- |
- |
0.0 |
|
SP Loss on disaster |
0.0 |
77.3 |
71.7 |
0.0 |
- |
|
SP Reserve retir.bene. |
- |
- |
0.0 |
- |
- |
|
SP Other Special Loss |
6.7 |
53.7 |
12.8 |
20.5 |
12.7 |
|
Total Operating Expense |
17,806.3 |
16,417.8 |
14,258.3 |
11,028.4 |
10,894.8 |
|
|
|
|
|
|
|
|
NOP Interest Income |
11.2 |
12.9 |
14.4 |
14.4 |
15.8 |
|
Equity In Earnings Of Affiliates |
4.5 |
- |
- |
- |
- |
|
NOP Dividend Income |
20.1 |
18.3 |
12.5 |
8.2 |
12.9 |
|
Other Non-Operating Income (Expense) |
0.0 |
0.0 |
- |
- |
- |
|
NOP Rent Income |
5.6 |
5.1 |
4.1 |
4.3 |
3.6 |
|
NOP Equity Gain |
- |
- |
- |
- |
0.0 |
|
NOP Exchange Gain |
11.6 |
- |
0.0 |
24.7 |
0.0 |
|
NOP Other Non Op. Income |
38.5 |
27.7 |
17.2 |
23.0 |
17.3 |
|
NOP Interest Expense |
-43.1 |
-45.0 |
-46.0 |
-47.3 |
-49.8 |
|
NOP Exchange Loss |
0.0 |
-24.1 |
-34.3 |
0.0 |
-64.0 |
|
NOP Equity Loss |
0.0 |
-18.9 |
-2.3 |
-40.1 |
-15.2 |
|
NOP Other Non Op .Exp. |
-26.8 |
-13.4 |
-10.5 |
-20.0 |
-30.0 |
|
SP Gain Sale Fix.Asset |
2.6 |
53.7 |
1.2 |
1.5 |
0.5 |
|
SP Gain Sale Inv.Sec. |
8.9 |
3.2 |
1.0 |
1.6 |
26.8 |
|
SP Loss Sale/Retire. Fixed Assets |
-7.5 |
-18.6 |
-8.1 |
-17.3 |
-15.0 |
|
Net Income Before Taxes |
796.7 |
231.6 |
192.9 |
-63.1 |
-348.6 |
|
|
|
|
|
|
|
|
Total income taxes |
147.3 |
-34.0 |
255.6 |
-60.6 |
259.9 |
|
Net Income After Taxes |
649.4 |
265.6 |
-62.7 |
-2.5 |
-608.6 |
|
|
|
|
|
|
|
|
Minority interests in income |
-74.6 |
-59.1 |
-54.4 |
-29.8 |
-6.8 |
|
Net Income Before Extra. Items |
574.7 |
206.5 |
-117.1 |
-32.3 |
-615.3 |
|
Net Income |
574.7 |
206.5 |
-117.1 |
-32.3 |
-615.3 |
|
|
|
|
|
|
|
|
Balancing |
0.0 |
- |
- |
- |
- |
|
Miscellaneous Earnings Adjustment |
- |
0.0 |
- |
- |
- |
|
Earning Adjustment |
- |
- |
-0.1 |
-0.1 |
-0.1 |
|
Income Available to Com Excl ExtraOrd |
574.7 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
574.7 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
570.8 |
570.0 |
570.3 |
571.6 |
573.3 |
|
Basic EPS Excluding ExtraOrdinary Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Basic EPS Including ExtraOrdinary Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Dilution Adjustment |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Diluted Net Income |
574.8 |
206.5 |
-117.2 |
-32.4 |
-615.4 |
|
Diluted Weighted Average Shares |
571.7 |
570.3 |
570.3 |
571.6 |
573.3 |
|
Diluted EPS Excluding ExtraOrd Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
Diluted EPS Including ExtraOrd Items |
1.01 |
0.36 |
-0.21 |
-0.06 |
-1.07 |
|
DPS-Ordinary Shares |
0.28 |
0.10 |
0.06 |
0.02 |
0.05 |
|
Gross Dividends - Common Stock |
158.3 |
57.8 |
33.3 |
12.3 |
28.6 |
|
Normalized Income Before Taxes |
815.5 |
441.1 |
293.6 |
-18.8 |
-276.2 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
150.8 |
39.3 |
290.8 |
-45.1 |
285.3 |
|
Normalized Income After Taxes |
664.7 |
401.7 |
2.8 |
26.3 |
-561.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
590.1 |
342.6 |
-51.7 |
-3.6 |
-568.3 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
1.03 |
0.60 |
-0.09 |
-0.01 |
-0.99 |
|
Diluted Normalized EPS |
1.03 |
0.60 |
-0.09 |
-0.01 |
-0.99 |
|
Advertising Expense |
54.0 |
56.4 |
29.0 |
24.4 |
31.7 |
|
Rental Expense |
67.4 |
62.3 |
56.9 |
50.7 |
54.1 |
|
Interest Expense |
43.1 |
45.0 |
46.0 |
47.3 |
49.8 |
|
Amort of Goodwill |
- |
- |
0.0 |
0.1 |
0.0 |
|
BC - Depreciation of Fixed Assets |
569.9 |
- |
- |
- |
- |
|
Amort of Tangible Assets-Current Portion |
- |
634.3 |
- |
- |
- |
|
Depreciation |
- |
- |
618.8 |
574.0 |
542.1 |
|
Total Research And Development Expense |
522.5 |
511.1 |
479.3 |
409.6 |
407.3 |
|
Income taxes-current |
175.4 |
133.6 |
- |
- |
- |
|
Current Tax - Total |
175.4 |
133.6 |
- |
- |
- |
|
Income taxes-deferred |
-28.0 |
-167.6 |
- |
- |
- |
|
Deferred Tax - Total |
-28.0 |
-167.6 |
- |
- |
- |
|
Income Tax - Total |
147.4 |
-34.0 |
- |
- |
- |
|
Reported operating profit |
784.8 |
475.3 |
337.3 |
12.2 |
-193.5 |
|
Reported ordinary profit |
806.6 |
437.9 |
292.4 |
-20.6 |
-303.0 |
|
Extraordinary Addl Other Retire.compt |
0.0 |
- |
- |
- |
- |
|
Service cost |
63.7 |
68.5 |
60.4 |
42.2 |
55.5 |
|
Interest cost |
17.8 |
18.8 |
16.9 |
15.2 |
15.8 |
|
Expected return on plan asset |
-5.9 |
-5.4 |
-5.0 |
-4.2 |
-7.3 |
|
Actuarial G/L |
5.4 |
124.3 |
15.0 |
14.0 |
10.1 |
|
Prior service cost |
0.1 |
0.1 |
0.1 |
0.0 |
0.0 |
|
Transit. L. to Defined Contribution Plan |
- |
8.8 |
8.0 |
7.0 |
0.0 |
|
Pension exp. due to acct. changes |
- |
0.6 |
1.5 |
2.2 |
28.1 |
|
Pension gain due to acct. changes |
0.0 |
-0.6 |
-1.1 |
0.0 |
- |
|
Domestic Pension Plan Expense |
81.2 |
215.1 |
95.8 |
76.3 |
102.2 |
|
Retirement Benefit Expenses Premium Paym |
8.6 |
- |
- |
- |
- |
|
Total Pension Expense |
89.8 |
215.1 |
95.8 |
76.3 |
102.2 |
|
Discount Rate(MIN)-Retirement Cost(Domes |
1.40% |
2.00% |
- |
- |
- |
|
Discount Rate |
- |
- |
2.00% |
2.00% |
2.00% |
|
Expected return on assets(MIN)-Retiremen |
2.00% |
2.00% |
- |
- |
- |
|
Expected Rate of Return |
- |
- |
2.00% |
2.00% |
2.00% |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Deposit |
288.5 |
313.8 |
409.4 |
328.1 |
301.0 |
|
Notes and accounts receivable-trade |
2,919.4 |
3,259.2 |
2,241.9 |
2,170.8 |
1,513.1 |
|
Rounding adjustment Assets |
0.0 |
0.0 |
- |
- |
- |
|
Inventories - merch.&finished goods |
910.1 |
801.8 |
584.0 |
536.5 |
623.2 |
|
Inventories - work-in-process |
254.0 |
330.1 |
315.7 |
198.7 |
229.3 |
|
Inventories - raw materials&supplies |
404.0 |
351.1 |
240.7 |
254.3 |
168.4 |
|
Deferred Tax |
237.1 |
214.4 |
30.3 |
164.4 |
46.7 |
|
Other |
255.3 |
287.6 |
181.4 |
190.8 |
221.5 |
|
Allow.Doubt.Act. |
-37.2 |
-39.3 |
-35.1 |
-34.5 |
-30.5 |
|
Total Current Assets |
5,231.0 |
5,518.8 |
3,968.4 |
3,809.2 |
3,072.7 |
|
|
|
|
|
|
|
|
Other PPE |
0.0 |
0.0 |
- |
- |
- |
|
Buildings and structures, net |
960.0 |
1,046.4 |
1,073.8 |
1,014.8 |
983.5 |
|
Machinery, equipment and vehicles, net |
832.6 |
899.9 |
938.6 |
971.4 |
946.6 |
|
Tools Furnitures And Fixtures |
116.6 |
148.4 |
130.5 |
150.2 |
121.0 |
|
Land |
1,026.1 |
1,120.6 |
1,090.3 |
968.2 |
917.9 |
|
Lease assets, net |
85.1 |
102.8 |
135.7 |
165.4 |
187.8 |
|
Const. Progress |
176.2 |
169.3 |
186.8 |
107.4 |
225.0 |
|
Assets for rent, net |
0.9 |
6.1 |
8.1 |
14.6 |
132.3 |
|
Other Total Intangible Assets, Net |
0.0 |
0.0 |
- |
- |
- |
|
Software |
166.1 |
197.7 |
211.3 |
227.0 |
263.3 |
|
Lease Int.Asset |
0.1 |
0.4 |
0.6 |
0.7 |
0.6 |
|
Other Intangible |
9.0 |
8.5 |
6.2 |
6.0 |
6.3 |
|
Other Investment Securities |
804.6 |
776.3 |
- |
- |
- |
|
Investment Sec. |
- |
- |
640.6 |
739.7 |
626.4 |
|
Invt Secs Noncons, Asc, Affd Cos |
114.6 |
106.3 |
- |
- |
- |
|
Invts in Capital Noncons, Ascd, Affd Cos |
20.1 |
33.1 |
- |
- |
- |
|
Affiliate Co. Stocks |
- |
- |
90.3 |
- |
- |
|
Inv't partnership-nonconsol.affil. |
- |
- |
64.7 |
- |
- |
|
LT Loan |
- |
- |
- |
0.0 |
5.7 |
|
Rounding adjustment Assets |
0.0 |
- |
- |
- |
- |
|
Other Total investments and other assets |
0.0 |
- |
- |
- |
- |
|
Allowance For Doubtful Accounts |
-44.5 |
- |
- |
- |
- |
|
Other Other Long Term Assets(1) |
74.7 |
138.6 |
- |
- |
- |
|
Rounding adjustment Assets |
- |
0.0 |
- |
- |
- |
|
Other Other Long Term Assets |
- |
0.0 |
- |
- |
- |
|
Deferred tax assets |
28.4 |
36.2 |
42.5 |
25.7 |
26.3 |
|
Other Asset |
- |
- |
185.4 |
182.5 |
186.1 |
|
Allow.Doubt.Act. |
- |
-52.7 |
-60.8 |
-58.9 |
-56.0 |
|
Total Assets |
9,601.9 |
10,256.8 |
8,713.0 |
8,324.1 |
7,645.9 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
2,443.3 |
2,880.9 |
1,982.0 |
1,899.7 |
1,116.5 |
|
Short-term loans payable |
1,294.2 |
929.5 |
823.3 |
1,130.1 |
1,231.0 |
|
Commercial Paper |
- |
400.6 |
0.0 |
53.5 |
804.9 |
|
Current portion of long-term loans payab |
225.9 |
517.2 |
518.8 |
71.5 |
210.2 |
|
Lease Liabilities |
12.1 |
18.2 |
17.5 |
17.5 |
17.7 |
|
Accounts payable-other |
181.4 |
203.0 |
120.5 |
62.9 |
152.2 |
|
Income Tax Pay. |
79.4 |
54.1 |
50.5 |
33.5 |
17.5 |
|
Rounding adjustment Liability |
0.1 |
0.0 |
- |
- |
- |
|
Provision for directors'' bonuses |
8.1 |
6.3 |
5.0 |
2.1 |
- |
|
Res.Bonuses |
46.6 |
49.2 |
45.5 |
36.2 |
38.3 |
|
Allowance director's bonus |
- |
- |
- |
- |
0.0 |
|
Res.Prod.Guarant |
267.4 |
171.3 |
150.2 |
86.8 |
122.5 |
|
Other |
559.3 |
566.7 |
475.0 |
369.4 |
419.8 |
|
Total Current Liabilities |
5,117.8 |
5,797.0 |
4,188.5 |
3,763.1 |
4,130.4 |
|
|
|
|
|
|
|
|
Long-term loans payable |
258.8 |
474.1 |
932.4 |
1,253.7 |
504.4 |
|
Lease Liabilities |
177.9 |
184.0 |
201.8 |
211.6 |
221.5 |
|
Total Long Term Debt |
436.8 |
658.1 |
1,134.2 |
1,465.3 |
725.9 |
|
|
|
|
|
|
|
|
Rounding adjustment Liability |
0.1 |
0.1 |
- |
- |
- |
|
Deferred Tax |
214.0 |
184.1 |
152.7 |
129.6 |
83.4 |
|
Reval. Def.Tax |
34.2 |
39.4 |
44.6 |
39.5 |
37.8 |
|
Res.Acd.Retire |
563.9 |
640.0 |
519.1 |
442.3 |
414.3 |
|
Provision for directors'' retirement ben |
18.0 |
21.7 |
22.7 |
21.8 |
20.8 |
|
Asset retirement obligations |
12.8 |
14.6 |
14.4 |
0.0 |
- |
|
Other |
27.3 |
50.2 |
25.5 |
25.4 |
16.6 |
|
Minority Int. |
359.7 |
309.3 |
292.6 |
204.9 |
163.2 |
|
Total Liabilities |
6,784.4 |
7,714.5 |
6,394.1 |
6,091.9 |
5,592.4 |
|
|
|
|
|
|
|
|
Common Stock |
772.9 |
882.6 |
877.4 |
778.2 |
736.2 |
|
Total capital surpluses |
686.1 |
781.2 |
776.1 |
688.4 |
651.3 |
|
Total retained earnings |
1,135.0 |
806.8 |
646.6 |
706.2 |
698.8 |
|
Treasury Stock |
-11.9 |
-18.4 |
-20.0 |
-12.3 |
-7.4 |
|
Valuation difference on available-for-sa |
273.7 |
224.7 |
161.2 |
152.3 |
83.0 |
|
Deferred hedge gain/loss |
-1.7 |
-2.3 |
-0.5 |
-1.6 |
-0.5 |
|
Reval.Excess |
20.5 |
23.9 |
18.8 |
16.7 |
16.4 |
|
Translation Adj. |
-60.8 |
-160.8 |
-144.1 |
-97.4 |
-124.8 |
|
New Stock Subscription Right |
3.6 |
4.5 |
3.3 |
1.6 |
0.5 |
|
Other Equity |
0.0 |
0.0 |
- |
- |
- |
|
Total Equity |
2,817.4 |
2,542.3 |
2,318.9 |
2,232.1 |
2,053.5 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
9,601.9 |
10,256.8 |
8,713.0 |
8,324.1 |
7,645.9 |
|
|
|
|
|
|
|
|
S/O-Ordinary Shares |
571.4 |
570.3 |
569.9 |
571.2 |
572.5 |
|
Total Common Shares Outstanding |
571.4 |
570.3 |
569.9 |
571.2 |
572.5 |
|
T/S-Ordinary Shares |
3.1 |
4.3 |
4.7 |
3.4 |
2.1 |
|
Full-Time Employees |
27,705 |
25,820 |
24,934 |
24,785 |
24,492 |
|
Total Number of Shareholders |
9,356 |
10,045 |
- |
- |
- |
|
Number of Common Shareholders |
- |
- |
11,069 |
11,601 |
12,515 |
|
Loans Payable Maturing within a Year |
225.9 |
517.2 |
518.8 |
71.5 |
210.2 |
|
Lns Pble Maturing over a Yr within 2 Yrs |
186.1 |
258.1 |
- |
- |
- |
|
LT Debts<2 Yr. |
- |
- |
510.0 |
456.6 |
43.6 |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
49.1 |
206.7 |
- |
- |
- |
|
LT Debts<3 Yr. |
- |
- |
235.6 |
448.6 |
154.0 |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
11.2 |
1.8 |
- |
- |
- |
|
LT Debts<4 Yr. |
- |
- |
184.5 |
185.2 |
133.3 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
10.6 |
4.4 |
- |
- |
- |
|
LT Debts<5 Yr. |
- |
- |
1.0 |
161.5 |
173.0 |
|
remaining |
1.8 |
- |
- |
- |
- |
|
Loans Payable Remaining |
- |
3.1 |
- |
- |
- |
|
LT Debts Remaining |
- |
- |
1.3 |
1.9 |
0.4 |
|
Total Long Term Debt, Supplemental |
484.7 |
991.4 |
1,451.2 |
1,325.2 |
714.6 |
|
Capital Lease Maturing within a Year |
12.1 |
18.2 |
17.5 |
17.5 |
17.7 |
|
Cap Lease Maturg over a Yr within 2 Yrs |
11.5 |
11.4 |
- |
- |
- |
|
Lease<2 Yr. |
- |
- |
18.1 |
16.2 |
16.7 |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
11.6 |
10.5 |
- |
- |
- |
|
Lease<3 Yr. |
- |
- |
11.3 |
16.7 |
15.6 |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
11.6 |
10.6 |
- |
- |
- |
|
Lease<4 Yr. |
- |
- |
10.4 |
10.7 |
15.9 |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
10.2 |
10.2 |
- |
- |
- |
|
Lease<5 Yr. |
- |
- |
10.4 |
9.9 |
10.2 |
|
Other Capital Lease Remaining |
133.0 |
- |
- |
- |
- |
|
Capital Lease Remaining |
- |
141.3 |
- |
- |
- |
|
Lease Remaining |
- |
- |
151.6 |
158.1 |
163.1 |
|
Total Capital Leases, Supplemental |
190.1 |
202.2 |
219.3 |
229.1 |
239.2 |
|
Pension obligation |
1,007.1 |
1,047.0 |
1,033.6 |
905.3 |
947.2 |
|
Fair value of plan asset |
334.9 |
323.9 |
324.5 |
287.9 |
350.4 |
|
Funded status |
-672.3 |
-723.1 |
-709.1 |
-617.4 |
-596.9 |
|
Total Funded Status |
-672.3 |
-723.1 |
-709.1 |
-617.4 |
-596.9 |
|
Discount rate |
1.40% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Expected rate of return |
2.00% |
2.00% |
2.00% |
2.00% |
2.00% |
|
Unrecog. actuarial G/L |
107.7 |
82.3 |
189.1 |
174.3 |
211.6 |
|
Unrecog. prior service cost |
0.6 |
0.8 |
0.9 |
0.7 |
-0.5 |
|
Transit. L. to Defined Contribution Plan |
- |
- |
- |
0.0 |
-28.6 |
|
Accrued pension |
-563.9 |
-640.0 |
-519.1 |
-442.3 |
-414.3 |
|
Net Assets Recognized on Balance Sheet |
-455.6 |
-556.9 |
-329.0 |
-267.3 |
-231.8 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
PricewaterhouseCoopers
LLP |
Arata Auditing
Firm |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
PricewaterhouseCoopers
LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income Bf. Tax |
796.7 |
231.6 |
192.8 |
-63.1 |
-348.7 |
|
Depreciation |
569.9 |
634.3 |
618.8 |
574.0 |
542.1 |
|
Impairment Loss |
8.2 |
7.9 |
2.4 |
7.8 |
9.4 |
|
Amort. of Goodwill |
- |
- |
0.0 |
0.1 |
0.0 |
|
Increase (decrease) in allowance for dou |
-0.5 |
-4.3 |
-7.9 |
1.8 |
-2.7 |
|
Increase (decrease) in provision for pro |
133.2 |
21.0 |
50.7 |
-42.9 |
11.5 |
|
Increase (decrease) in provision for ret |
1.5 |
123.4 |
20.2 |
3.9 |
45.9 |
|
Reserve for officers' retirement |
- |
- |
- |
0.0 |
-1.9 |
|
Int.&Div.Income |
-31.4 |
-31.2 |
-26.9 |
-22.6 |
-28.6 |
|
Interest Expense |
43.1 |
45.0 |
46.0 |
47.3 |
49.8 |
|
Foreign exchange losses (gains) |
-0.2 |
2.1 |
2.0 |
0.8 |
-0.1 |
|
Equity in (earnings) losses of affiliate |
-4.5 |
18.9 |
2.3 |
40.1 |
15.2 |
|
Loss (gain) on sales of investment secur |
-8.9 |
-3.2 |
-0.9 |
-1.4 |
-26.4 |
|
Gain/Loss Val.Inv.Sec. |
- |
- |
- |
0.0 |
10.3 |
|
G/L On Sale&Retire. Of Noncurrent Assets |
4.8 |
-35.1 |
6.9 |
15.8 |
14.4 |
|
Gain Sale Fix.Asset |
- |
- |
- |
- |
0.0 |
|
Decrease (increase) in notes and account |
118.1 |
-1,071.9 |
155.2 |
-535.1 |
790.0 |
|
Decrease (increase) in inventories |
-170.5 |
-366.8 |
-60.3 |
121.6 |
-89.2 |
|
L on adjustment for changes of account |
- |
0.0 |
12.7 |
0.0 |
- |
|
Increase (decrease) in notes and account |
-238.6 |
950.8 |
-102.4 |
689.1 |
-745.9 |
|
Rounding adjustment Cash flow |
0.0 |
0.0 |
- |
- |
- |
|
Other, net |
82.8 |
85.8 |
130.7 |
23.1 |
-135.0 |
|
Int.&Div.Rcvd. |
33.2 |
32.1 |
27.0 |
22.8 |
29.3 |
|
Interest Paid |
-44.8 |
-45.1 |
-38.0 |
-45.9 |
-51.8 |
|
Income taxes (paid) refund |
-123.8 |
-148.5 |
-94.9 |
26.5 |
-172.1 |
|
Decrease due to un-consol. of subs. |
- |
- |
- |
- |
-0.9 |
|
Adjustment |
- |
- |
- |
0.0 |
- |
|
Cash from Operating Activities |
1,168.2 |
446.6 |
936.4 |
864.0 |
-85.6 |
|
|
|
|
|
|
|
|
Purchase Of Investments In Subsidiaries |
- |
-2.2 |
- |
- |
- |
|
Time Deposit Made |
-16.3 |
-1.8 |
-0.7 |
-0.9 |
-0.4 |
|
Time Deposit Matured |
3.0 |
0.7 |
1.1 |
1.1 |
1.4 |
|
Purchase of property, plant and equipmen |
-602.3 |
-495.0 |
-320.0 |
-395.0 |
-549.2 |
|
Proceeds from sales of property, plant a |
13.5 |
85.6 |
9.6 |
7.5 |
3.9 |
|
Purch. Intangible |
-70.1 |
-69.2 |
-42.6 |
-39.1 |
-78.2 |
|
Purch. Inv.Sec. |
-9.9 |
-2.9 |
-0.9 |
-0.7 |
-0.9 |
|
Sale Inv.Sec. |
9.1 |
0.4 |
0.1 |
1.7 |
25.0 |
|
Purchase of affiliated securities |
-0.1 |
-9.2 |
-0.2 |
0.0 |
-2.1 |
|
Closely-held paid in-affil. comp. |
- |
- |
0.0 |
-15.0 |
-19.8 |
|
Sale of affiliated securities |
1.2 |
0.0 |
5.3 |
1.3 |
6.0 |
|
Gain Sale Sub. Stock-Consolidation |
- |
- |
- |
0.0 |
13.8 |
|
Rounding adjustment Cash flow |
0.0 |
0.0 |
- |
- |
- |
|
Payments of long-term loans receivable |
-4.4 |
-2.0 |
-1.1 |
-0.9 |
-1.4 |
|
Collection of long-term loans receivable |
2.6 |
2.2 |
1.4 |
2.9 |
30.7 |
|
Purchase subsidiaries' securities |
- |
- |
0.0 |
- |
- |
|
Other, net |
16.4 |
3.5 |
-1.8 |
2.5 |
0.9 |
|
Cash from Investing Activities |
-657.2 |
-490.2 |
-349.9 |
-434.6 |
-570.5 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
422.2 |
111.1 |
-406.3 |
-183.9 |
170.9 |
|
Net increase (decrease) in commercial pa |
-397.7 |
417.9 |
-58.3 |
-801.6 |
472.7 |
|
Proceeds from long-term loans payable |
49.0 |
34.0 |
43.5 |
802.6 |
339.7 |
|
Repayment of long-term loans payable |
-503.6 |
-545.3 |
-81.0 |
-226.5 |
-240.1 |
|
Redemp. Lease |
-3.2 |
-7.1 |
-9.4 |
-9.9 |
-10.9 |
|
Rounding adjustment Cash flow |
- |
0.0 |
- |
- |
- |
|
Dividend Paid |
15.5 |
4.2 |
21.0 |
0.4 |
5.5 |
|
Cash dividends paid |
-89.4 |
-43.3 |
-26.6 |
0.0 |
-57.1 |
|
Treasury stock purchased |
-0.3 |
-0.1 |
-6.0 |
-4.7 |
-3.5 |
|
Other, net |
-18.5 |
-28.0 |
-8.6 |
0.0 |
0.0 |
|
Cash from Financing Activities |
-526.0 |
-56.6 |
-531.7 |
-423.5 |
677.3 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
15.3 |
-9.1 |
-10.8 |
4.4 |
-14.0 |
|
Net Change in Cash |
0.3 |
-109.3 |
44.0 |
10.2 |
7.1 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
307.6 |
432.5 |
354.5 |
316.6 |
285.7 |
|
Net Cash - Ending Balance |
307.9 |
323.2 |
398.5 |
326.9 |
292.9 |
|
Cash Interest Paid |
44.8 |
45.1 |
38.0 |
45.9 |
51.8 |
|
Cash Taxes Paid |
123.8 |
148.5 |
94.9 |
-26.5 |
172.1 |
Financial Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ratio Comparisons
|
Traded: Over The
Counter: HINOY |
Financials in:
USD (actual units) |
|
Industry: Auto & Truck
Manufacturers |
As of
23-Aug-2013 |
|
Sector: Consumer
Cyclical |
|
|
|
Company |
Industry |
Sector |
S&P 500 |
|
Valuation Ratios |
||||
|
P/E Excluding Extraordinary (TTM) |
- |
22.96 |
24.19 |
19.68 |
|
P/E High Excluding Extraordinary - Last 5 Yrs |
- |
63.34 |
29.06 |
32.79 |
|
P/E Low Excluding Extraordinary - Last 5 Yrs |
- |
9.00 |
9.37 |
10.71 |
|
Beta |
1.12 |
2.11 |
1.71 |
1.00 |
|
Price/Revenue (TTM) |
- |
0.89 |
1.29 |
2.57 |
|
Price/Book (MRQ) |
- |
3.49 |
3.76 |
3.67 |
|
Price to Tangible Book (MRQ) |
- |
9.67 |
6.82 |
5.21 |
|
Price to Cash Flow Per Share (TTM) |
- |
14.40 |
15.89 |
14.22 |
|
Price to Free Cash Flow Per Share (TTM) |
- |
17.13 |
22.86 |
26.26 |
|
|
|
|
|
|
|
Dividends |
||||
|
Dividend Yield |
1.86% |
0.91% |
1.69% |
2.26% |
|
Dividend Per Share - 5 Yr Avg |
0.16 |
1.88 |
1.64 |
1.99 |
|
Dividend 5 Yr Growth |
-3.58% |
-80.07% |
-29.80% |
0.08% |
|
Payout Ratio (TTM) |
- |
4.72% |
13.41% |
25.98% |
|
|
|
|
|
|
|
Growth Rates (%) |
||||
|
Revenue (MRQ) vs Qtr 1 Yr Ago |
- |
14.82% |
17.88% |
15.58% |
|
Revenue (TTM) vs TTM 1 Yr Ago |
- |
7.10% |
15.15% |
17.69% |
|
Revenue 5 Yr Growth |
7.61% |
-5.43% |
1.89% |
8.97% |
|
EPS (MRQ) vs Qtr 1 Yr Ago |
- |
-17.23% |
-0.73% |
19.49% |
|
EPS (TTM) vs TTM 1 Yr Ago |
- |
67.26% |
48.61% |
32.55% |
|
EPS 5 Yr Growth |
12.99% |
-14.46% |
0.58% |
9.86% |
|
Capital Spending 5 Yr Growth |
-9.98% |
-4.63% |
-1.26% |
-2.04% |
|
|
|
|
|
|
|
Financial Strength |
||||
|
Quick Ratio (MRQ) |
- |
1.09 |
1.36 |
1.24 |
|
Current Ratio (MRQ) |
- |
1.64 |
2.26 |
1.79 |
|
LT Debt/Equity (MRQ) |
- |
0.28 |
0.52 |
0.64 |
|
Total Debt/Equity (MRQ) |
- |
0.50 |
0.65 |
0.73 |
|
Interest Coverage (TTM) |
- |
7.23 |
7.89 |
13.80 |
|
|
|
|
|
|
|
Profitability Ratios (%) |
||||
|
Gross Margin (TTM) |
- |
13.08% |
26.74% |
45.21% |
|
Gross Margin - 5 Yr Avg |
13.00% |
17.18% |
29.20% |
44.91% |
|
EBITD Margin (TTM) |
- |
3.68% |
8.96% |
24.43% |
|
EBITD Margin - 5 Yr Avg |
4.27% |
5.57% |
9.28% |
22.84% |
|
Operating Margin (TTM) |
- |
2.05% |
6.73% |
20.63% |
|
Operating Margin - 5 Yr Avg |
-1.16% |
-2.20% |
5.31% |
18.28% |
|
Pretax Margin (TTM) |
- |
3.20% |
6.58% |
17.95% |
|
Pretax Margin - 5 Yr Avg |
-1.47% |
-0.85% |
5.03% |
17.10% |
|
Net Profit Margin (TTM) |
- |
2.68% |
4.89% |
13.65% |
|
Net Profit Margin - 5 Yr Avg |
-1.87% |
-0.33% |
3.66% |
12.10% |
|
Effective Tax Rate (TTM) |
- |
14.43% |
24.56% |
28.45% |
|
Effective Tax rate - 5 Yr Avg |
- |
24.36% |
31.05% |
29.92% |
|
|
|
|
|
|
|
Management Effectiveness (%) |
||||
|
Return on Assets (TTM) |
- |
0.82% |
5.40% |
8.54% |
|
Return on Assets - 5 Yr Avg |
-1.92% |
0.85% |
5.11% |
8.40% |
|
Return on Investment (TTM) |
- |
1.79% |
5.61% |
7.90% |
|
Return on Investment - 5 Yr Avg |
-5.17% |
-0.43% |
4.46% |
8.27% |
|
Return on Equity (TTM) |
- |
4.61% |
13.72% |
19.72% |
|
Return on Equity - 5 Yr Avg |
-9.18% |
20.19% |
15.21% |
20.06% |
|
|
|
|
|
|
|
Efficiency |
||||
|
Revenue/Employee (TTM) |
- |
621,295.07 |
495,155.30 |
927,613.77 |
|
Net Income/Employee (TTM) |
- |
21,076.53 |
35,593.51 |
116,121.92 |
|
Receivables Turnover (TTM) |
- |
7.30 |
7.92 |
13.25 |
|
Inventory Turnover (TTM) |
- |
19.64 |
12.48 |
14.53 |
|
Asset Turnover (TTM) |
- |
0.80 |
1.11 |
0.93 |
Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Report
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Stock History
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.04 |
|
UK Pound |
1 |
Rs.103.11 |
|
Euro |
1 |
Rs.86.99 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.