Toyota Industries Corp - Company Profile
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Toyota Industries Corp (TICO) is engaged in the manufacture and sales of textile machinery, materials handling equipment, automobiles, and automobile parts. Its major products include lift trucks, warehouse trucks, automated storage and retrieval systems, and textile machinery such as weaving and spinning machinery. The company's products serve a diverse range of customers across industries, providing solutions for logistics, warehousing, and textile production. It sells lift trucks under Toyota, BT, Raymond, CESAB and other brands across the world. The company also assembles certain cars and produces automobile engines under consignment from Toyota Motor Corp. It has manufacturing facilities in Japan, Sweden, Italy, France, Germany, Poland, Switzerland, the US, Brazil, China, Indonesia, and India. TICO is headquartered in Kariya-shi, Aichi, Japan.
Headquarters
Japan
Address
2-1, Toyoda-Cho, Kariya-Shi, Aichi, 448-8671
Website
www.toyota-shokki.co.jp
Telephone
81 566 222511
No of Employees
79,454
Industry
Industrial Goods and Machinery
Revenue (2026)
$28.1B
Toyota Industries Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Automobile: | Logistics: | Toyota |
| Vehicles | Land Transportation Services | Bt |
| Engines for Automobiles | Logistics Planning | Raymond |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company entered into a share transfer agreement with IHI Corporation to acquire 80% stake in IHI Logistics & Machinery Corporation. |
| 2026 | Plans/Strategy | In March, the company announced its plans to sell its common shares to Toyota Asset Preparatory Co., Ltd. |
| 2026 | Others | In January, the company announced to sell a minority stake to Elliott Investment Management. |
Competitor Comparison
| Key Parameters | Toyota Industries Corp | Robert Bosch GmbH | Denso Corp | Aisin Corp | Mitsubishi Logisnext Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Germany | Japan | Japan | Japan |
| City | Kariya-Shi | Stuttgart | Kariya | Kariya | Nagaokakyo |
| State/Province | Aichi | Baden-Wurttemberg | Aichi | Aichi | Kyoto |
| No. of Employees | 79,454 | 417,859 | 154,716 | 113,292 | 11,161 |
| Entity Type | Private | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shigeki Terashi | Chairman | Executive Board | 2024 | 71 |
| Koichi Ito | Director; President | Executive Board | 2023 | 63 |
| Shuzo Sumi | Director | Non Executive Board | 2014 | 79 |
| Akira Onishi | Director | Non Executive Board | 2024 | 68 |
| Kazunari Kumakura | Director | Non Executive Board | 2023 | 64 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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