Toyota Industries Corp - Company Profile
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Toyota Industries Corporation (TICO) is a diversified manufacturer operating in industrial vehicles and logistics solutions, automobiles, and textile machinery. Its activities include producing materials-handling equipment, logistics systems, vehicle components, automobiles, engines, compressors, electronic equipment, batteries, and textile machinery. Major products include forklifts, warehouse and logistics equipment, automotive air-conditioning compressors, engines, turbochargers, fuel-cell vehicle components, onboard batteries, and spinning machinery. It sells lift trucks under Toyota, BT, Raymond, CESAB and other brands across the world. The company serves manufacturers, logistics providers, warehouses, distribution centers, automotive companies, and textile producers, with applications in material handling, factory automation, transportation, vehicle production, and textile manufacturing. Its products and services are delivered through Toyota Material Handling and Toyota L&F sales and service networks, customer centers, and logistics-system organizations. TICO operates production facilities and offices in Japan and serves markets across Asia, Europe, North America, and other international regions. The company is headquartered in Kariya-Shi, Aichi, Japan.
Toyota Industries Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Automobile: | Logistics: | Toyota |
| Vehicles | Land Transportation Services | L&F |
| Engines for Automobiles | Logistics Planning | BT |
| 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 September, the company partnered with Nakashima Propeller Co Ltd to develop a marine propeller. |
| 2026 | Plans/Strategy | In August, the company announced plans to reorganize its production system in China, expanding its car air conditioning compressor business. |
| 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. |
Competitor Comparison
| Key Parameters | Toyota Industries Corp | Robert Bosch GmbH | Denso Corp | KION Group AG | Mitsubishi Logisnext Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Germany | Japan | Germany | Japan |
| City | Kariya-Shi | Stuttgart | Kariya | Frankfurt Am Main | Nagaokakyo |
| State/Province | Aichi | Baden-Wurttemberg | Aichi | Baden-Wurttemberg | Kyoto |
| No. of Employees | 81,808 | 412,774 | 154,716 | 42,403 | 11,161 |
| Entity Type | Private | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shigeki Terashi | Chairman | Executive Board | - | - |
| Koichi Ito | Director; President | Executive Board | - | - |
| Shigeru Sawaki | Executive Officer | Senior Management | - | - |
| Akira Kasamat | Executive Officer | Senior Management | - | - |
| Hiroaki Matsuda | Senior Executive Officer | Senior Management | - | - |
| 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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