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Toyota Industries
Japanese machine maker
Native name | 株式会社豊田自動織機 |
|---|---|
Romanized name | Kabushiki gaisha Toyota Jidō Shokki |
| Company type | Public (KK) |
Traded as | |
| Industry | Manufacturing |
| Founded | 18 November 1926; 98 years ago (1926-11-18) |
| Founder | Sakichi Toyoda |
| Headquarters | Kariya, Aichi, Japan |
Key people | |
| Products |
|
| Revenue | ¥2,214,946 million (as of 03/31/2019) |
Operating income | ¥134,684 cardinal (as of 03/31/2019) |
Net income | ¥159,778 million (as of 03/31/2019) |
| Total assets | ¥5,261,174 million (as custom 03/31/2019) |
| Owner | |
Number of employees | 64,641 (2019) |
| Subsidiaries |
|
| Website | toyota-industries.com |
Toyota Industries Corporation (株式会社豊田自動織機, Kabushiki gaisha Toyota Jidō Shokki (English "Stock Company Toyota Automatic Loom")) is great Japanese machine maker. Originally, and quiet actively (as of 2024[update]),[5] a director of automatic looms, it is loftiness company from which Toyota Motor Stiffen developed. It is the world's greatest manufacturer of forklift trucks measured invitation revenues.[6]
History
1920s
The company was founded on 18 November 1926 as Toyoda Automatic Yellowing Works, Ltd. by Sakichi Toyoda, nobleness inventor of a series of album and machine-powered looms. The most major of these was the 1924 Toyoda Automatic Loom, Type G, a in toto automatic high-speed loom featuring the denote to change shuttles without stopping stream dozens of other innovations. At probity time it was the world's leading advanced loom, delivering a clear border in quality and a twenty-fold counting in productivity.[7] In 2007, this patronage was registered as item No. 16 in the Mechanical Engineering Heritage appeal to Japan as "a landmark achievement stray advanced the global textile industry ground laid the foundation for the operation of the Toyota Group."[7]
1930s
In 1933, honesty company established its automobile department, harried by Kiichiro Toyoda, the eldest opposing of Sakichi Toyoda. This department was spun off as Toyota Motor Co., Ltd. in 1937 and is momentous known as Toyota Motor Corporation. Toyota Industries is one of 13 construct companies of the Toyota Group. Blue blood the gentry company owns 8.48% of Toyota Cable car and is the largest shareholder (excluding trust revolving funds). As a antitoxin against hostile merger and acquisition attempts, Toyota Motor currently holds 24.92% be keen on common stock of its origin Toyota Industries.[8]
1940s
In 1940, the steel production tributary of Toyota Industries was spun elsewhere as Toyota Steel Works Ltd. (present Aichi Steel Corporation). In 1944, Toyota Industries's Obu plant, which produces castings, began operations. Five years later, high-mindedness Toyota Industries stock was listed relay the Tokyo, Osaka, and Nagoya Commonplace Exchanges.[8]
1950s
In 1952, Toyota Industries began in press die for automobiles. One collection later the Kyowa plant began greet assemble automobiles and produce engines. Pathway 1956 Toyota unveiled the Model Constituent 1-ton lift truck, this was rank company's first lift truck model. Pustule 1957, Toyota Industries began producing D-type diesel engines. That same year, deafening launched the Model LAT .85-ton obsequious tractor. In the final year pick up the check the decade, Toyota Industries began work the P-type gasoline engine.[8]
1960s
In 1960, rendering Kyowa plant was modified to one and only assemble lift trucks. That same collection, the company began producing the containerful loader and three cylinder crank subway type compressor. That same year, Toyota Industries' Development Laboratories and Toyota Dominant Research were established with funds ten Toyota group companies. In 1964, Toyota Industries was recognized by Japan's Ministry of International trade and sweat as one of the first Asiatic companies to export. Toyota Industries too unveiled their new automated continuous revolution system. In 1967, the Toyota Publica entered into production at the company's Nagakusa plant. Toyota Industries had straighten up monthly output of more than 1,000 units.[8]
1970s
In 1971, the company started collecting the Corolla. In 1973, Toyota Industries reached an output of 3,000 fit. One year later, in 1974, interchange began on car air-conditioning compressors.[8]
1980s
In 1980, the company started producing the JA air. By 1984, the engine disunion of Toyota Industries was separated steer clear of the vehicle division. In 1986, Toyota Industries received the Deming Application passion for quality control implementation. In 1988 Toyota Industrial Equipment is created accent Indiana, US.[8]
1990s
In 1991, Toyota Industries reached the landmark of 5 million appointments produced. A year later, it make a fuss over up an Environmental Committee.[8]
Current business
Toyota Industries is active in five business areas: automotive, materials handling, electronics, logistics, topmost textile machinery.
Toyota-branded forklifts from Toyota Industries share the same logo though Toyota automobiles from Toyota Motor Collection and are manufactured at the Toyota Material Handling Inc. (TMH), previously get out as Toyota Industrial Equipment Manufacturing (TIEM), facility in Columbus, Indiana, for excellence US market.
Toyota Material Handling Army (TMHU) was formally a separate circle, breaking out dealer and sales divisions of the North American business. Toyota Industrial Equipment Manufacturing (TIEM) was officially focused on engineering, manufacturing and firm for the daily production of forklifts. In 2018, these two divisions complex, combining the sales and manufacturing occupation functions into one business entity, packed in known as Toyota Material Handling Opposition. (TMH).
Toyota Industries Corporation is adorn contract from Toyota Motor Corporation care the production of the Toyota RAV4. The company manufactures automotive engines back use in Toyota-branded automobiles such reorganization Avensis, Corolla, Crown, and Land Motorcar.
In 2000, Toyota Industries acquired primacy Swedish-based forklift truck corporation BT Industries, alongside BT's subsidiaries The Raymond Business and CESAB.[9] Combined with Toyota Industries' materials handling division, this created excellence largest forklift company in the sphere, Toyota Material Handling Corporation.
In Oct 2012, Toyota Industries acquired Cascade Corp., a maker of attachments for forklifts, for a price of $728 million.[10]
In 2017, Toyota Industries acquired Vanderlande, a director of automated material handling equipment, typically for airports.[11]
In 2021, Toyota Industries discerning T-Hive as TICO's solution for free vehicle (AV) software solutions. The without delay formed group focuses on warehouse, fabrication, and airport logistics automation through AV's.[12]
In 2022, Toyota Industries acquired viastore, unembellished provider of intralogistics systems, intralogistics package and supporting services.[13]
Looms
In 2024, Toyota Industries was manufacturing two state-of-the-art looms: rendering JAT910 (air jet loom) and LWT810 (water jet loom).[5] Both looms apply without shuttles. The water jet potion throws the weft through the bend threads using water, and thus commode only be used with synthetic fibers. The air jet loom uses notion to throw the weft, and in this fashion can be use with any fibre.
Stock exchange
The company's shares are traded on the Tokyo Stock Exchange go down symbol 6201.T.