Toyoda Gosei

Basic Information

Stock Code
7282
Industry
Transportation Equipment
Category Detail
Auto Parts
Prefecture
Aichi Prefecture
Establishment Year
June 1949
Listing Year
December 1978
Official Website
https://www.toyoda-gosei.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Toyota Boshoku, Seiren, Nishikawa Rubber Industries, JTEKT, Toa, Nippatsu, Tokai Rika, Tachies, Pacific Industries, Aisin, Murakami Kaimeido, Tei-Estech

Overview

Toyoda Gosei is a major Toyota Group company founded in 1949 and a leading transportation equipment manufacturer that handles automotive interior and exterior parts, safety systems, and LED products.

Current Situation

Toyoda Gosei recorded consolidated sales of approximately 830.2 billion yen, operating profit of approximately 34.2 billion yen, and net profit of approximately 23.4 billion yen for the fiscal year ended March 2022. It is an important vehicle parts manufacturer in the Toyota Group, with a wide range of products from interior and exterior parts to safety equipment such as airbags. It possesses LED-related product technology and was the first in the world to commercialize blue LEDs through industry-academia collaboration. It has numerous production and R&D bases both domestically and internationally, establishing a multinational product supply network. It actively promotes efforts to reduce environmental impact, such as the use of recycled PET fibers, and advances sustainable manufacturing technologies. In the medium to long term, it aims to maintain competitiveness through expansion of overseas bases and product technology innovations, while continuing contributions to local communities such as sports promotion. In recent years, it has also expanded its business areas through capital and business alliances.

Trivia

Interesting Facts

  • The only Toyota Group company whose name is read as 'Toyoda.'
  • Jointly succeeded with Nagoya University in the world's first practical application of blue LEDs.
  • Industry-first introduction of mass production technology for sound-absorbing materials using recycled PET fibers.
  • Operates multiple sports teams in volleyball, handball, and basketball.
  • Long-term manufacturing bases since the 1950s, deeply rooted in local communities.
  • In 2021, entered capital and business alliance with Ashimori Industry to expand business.
  • All factories have ISO9001 and ISO14001 certifications, focusing on quality and environment.
  • Supplies products to automotive manufacturers other than Toyota.
  • Has 45 bases domestically and internationally, continuing multinational expansion.
  • Contributes to regional exchange and corporate branding through sports activities.

Hidden Connections

  • Laid the foundation for cutting-edge light source technology through blue LED development with Dr. Isamu Akasaki.
  • Strengthening product and technology collaboration with multiple companies within the Toyota Group.
  • Recycled PET fiber sound-absorbing material is the result of joint research with environmental companies.
  • Sports promotion activities contribute to sustainable relationships with local communities and the company.
  • Alliance with Ashimori Industry accelerates diversification of sales channels.
  • Many overseas production bases are located near major Toyota Group markets.
  • Provides high trust to trading partners by leveraging ISO certifications.
  • Diversifying risks through product expansion into fields beyond automotive.

Future Outlook

Growth Drivers

  • Increasing demand for advanced safety devices in the automotive market
  • Expanding demand for eco-materials and recycling technologies to meet environmental regulations
  • Overseas base expansion due to multipolarization of global automotive production networks
  • Growing demand for new products from expanded in-vehicle use of LEDs and advanced electronic components
  • Strengthened supply to Toyota Group and other automakers through enhanced collaborations
  • Increasing needs for environmentally responsive products amid rising sustainability focus
  • Efficiency improvements and quality enhancements in manufacturing processes through digitalization
  • Value-added pursuit for differentiated products in mature markets

Strategic Goals

  • Further expansion of overseas production and sales bases with local resource utilization
  • Realization of zero environmental impact production processes
  • Market share expansion in safety system products
  • Competitiveness enhancement through accelerated development of new materials and technologies
  • Full compliance with global sustainability standards
  • Achievement of significant reductions in CO2 emissions and waste
  • Sophistication of products and services through digital technology utilization
  • Sales diversification through multi-field product expansion
  • Creation of social value through collaboration with local communities
  • Balancing long-term financial stability and growth

Business Segments

Automotive Interior and Exterior Parts Business

Overview
Mainly supplies interior and exterior parts to automotive manufacturers, pursuing high functionality and design.
Competitiveness
Product development capabilities excelling in durability and lightweighting
Customers
  • Toyota Motor
  • Honda
  • Nissan Motor
  • Mazda
  • Subaru
  • Mitsubishi Motors
  • Imported Car Manufacturers
  • Automotive Parts Trading Companies
Products
  • Instrument Panel
  • Console Box
  • Door Trim
  • Radiator Grille
  • Cup Holder
  • Defroster Nozzle
  • Audio Cover
  • Side Protection Molding

Automotive Sealing Business

Overview
Supplies sealing products that support vehicle waterproofing and dustproofing, improving vehicle comfort.
Competitiveness
Material processing technology with high airtightness and environmental resistance
Customers
  • Domestic and Overseas Automotive Manufacturers
  • Parts Trading Companies
  • Secondary Processors
Products
  • Weatherstrip
  • Door Seal
  • Glass Seal
  • Sliding Door Seal

Functional Parts Business

Overview
Provides fuel systems and chassis parts supporting basic vehicle functions, ensuring safety and durability.
Competitiveness
Resin and rubber molding technology for complex shapes
Customers
  • Domestic and Overseas Automotive Manufacturers
  • Secondary Suppliers
Products
  • Fuel Tanks and Hoses
  • Engine Intake Ducts
  • Brake Hoses
  • Chassis Boots
  • Transmission Covers

Safety Systems Business

Overview
Manufactures and supplies airbag products and related parts to improve safety performance.
Competitiveness
Technology balancing high reliability and lightweight design
Customers
  • Automotive Manufacturers
  • Airbag System Suppliers
Products
  • Airbag Modules
  • Handlebars
  • Curtain Airbags
  • Knee Airbags

Optoelectronics Business

Overview
Provides advanced optoelectronic technology products centered on automotive LEDs.
Competitiveness
Advanced light technology from blue LED development
Customers
  • Vehicle Lighting Manufacturers
  • Electronic Equipment Manufacturers
Products
  • LED Chips
  • LED Lamps
  • Semiconductor Lasers

Special Machinery Products Business

Overview
Supplies special parts to diverse industries, promoting use of proprietary materials.
Competitiveness
Multi-material composite parts design and mass production technology
Customers
  • Mobile Phone Manufacturers
  • Air Conditioning Equipment Manufacturers
  • Construction Machinery Manufacturers
  • Home Appliance Manufacturers
Products
  • Mobile Phone Housings
  • Air Purifier Parts
  • Construction Machinery Parts
  • Home-Related Parts

Global Talent and Technical Services Business

Overview
Contributes to a wide range of customers through provision of technical expertise and human resources support.
Competitiveness
Internal technology collaboration and external partnership network
Customers
  • Group Companies
  • External Customers
Products
  • Technical Design Support
  • Mold Design Dispatch
  • Talent Support Services

Environmentally Considerate Products Business

Overview
Provides products using recycled materials to reduce environmental impact.
Competitiveness
Utilization of industry's first new recycling technologies
Customers
  • Automotive Manufacturers
  • Environmental Equipment Manufacturers
Products
  • Recycled PET Sound-Absorbing Material
  • Recycled Rubber Parts
  • Environmentally Compatible Anti-Vibration Materials

R&D and Technological Innovation Business

Overview
R&D division leading the creation and practical application of cutting-edge technologies.
Competitiveness
Advanced technology creation through industry-academia collaboration
Customers
  • Internal Manufacturing Divisions
  • External Collaborative Research Institutions
Products
  • New Material Development
  • New Product Design
  • Performance Evaluation

Competitive Advantage

Strengths

  • Strong position within the Toyota Group
  • Wide lineup of automotive parts
  • Advanced technology development through industry-academia collaboration
  • High product quality and reliability
  • Global expansion through production bases worldwide
  • Active efforts in environmental technologies
  • Stable financial base
  • Collaborative system with diverse affiliates
  • High technological capabilities in safety-related products
  • Regional contributions such as sports promotion
  • High recognition within the industry
  • Strong access to overseas markets
  • Long-accumulated manufacturing technology
  • Multinational customer対応 capability
  • Rich product development lineup

Competitive Advantages

  • Successful commercialization of advanced optoelectronics like blue LEDs for differentiation
  • Stable supply system as a major parts supplier to the Toyota Group
  • Business structure with multiple revenue pillars from diverse products
  • Rapid response via global production network of 45 bases worldwide
  • Leader in environmentally considerate products like recycled PET fiber utilization
  • Advanced rubber and plastic processing technology enabling multi-material対応
  • Brand strengthening through operation of sports teams
  • Business alliances expanding technology and sales capabilities
  • Long-term quality assurance system and customer trust
  • Compliance with international standards via ISO9001 and ISO14001 certifications
  • Services responding promptly to multinational customer needs
  • Integrated supply from functional to safety parts
  • Enhanced development capabilities through group company collaboration
  • Utilization of international standard technologies and advanced manufacturing
  • Product development and sales focused on overseas markets

Threats

  • Stagnation and fluctuations in global auto sales
  • Increasing burden of technology対応 to stricter environmental regulations
  • Risk of raw material price fluctuations
  • Political and economic risks in overseas production countries
  • Competition from competitors' technological innovations
  • Profit impacts from exchange rate fluctuations
  • Intensifying price competition in emerging markets
  • Supply chain impacts from U.S.-China trade friction
  • Changes in demand for existing parts due to EV shift
  • Production halt risks from natural disasters
  • Labor shortages and difficulties in talent acquisition
  • Cybersecurity risks

Innovations

2023: Mass Production Start of Environmentally Considerate Recycled Materials

Overview
Mass production of high-performance sound-absorbing materials using new recycling technology for recycled PET fibers and rubber.
Impact
Reduction in environmental impact and improved cost competitiveness

2022: Next-Generation Safety System Development

Overview
Advancing development of multiple new airbag modules and sensor integrations.
Impact
Improved vehicle safety and enhanced market competitiveness

2021: Expansion of Overseas Production Bases and Automation Investments

Overview
Introduced latest automation equipment in Southeast Asian factories to improve production efficiency.
Impact
Stabilized product quality and reduced labor costs

2020: Establishment of High-Efficiency Technology for LED Products

Overview
Established new manufacturing technology for high-brightness blue LED chips, improving performance.
Impact
Market share expansion and product differentiation

Sustainability

  • ISO14001 certification at all factories and environmental load reduction activities
  • Active use of recycled materials and strengthened product lifecycle management
  • Introduction of energy-saving technologies aimed at CO2 emission reductions
  • Promotion of zero-waste initiatives and recycling
  • Collaborative environmental conservation programs with local communities