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Toyota is a There was an error working with the wiki: Code[44]http://www.foxnews.com/story/0,2933,214259,00.html automaker making There was an error working with the wiki: Code[45]. Toyota is the world's most profitable automaker.

The company was founded in 1933 by There was an error working with the wiki: Code[184] as a spinoff from his father's company There was an error working with the wiki: Code[185] to create Automobiles. It created its first product Type A engine in 1934 and its first passenger car in 1936.

Many analysts believe Toyota will become the world's largest auto maker in the 2007 or 2008 calendar-year by overtaking current leader General Motors Corporation, with a stated goal of producing 9.4 There was an error working with the wiki: Code[186] vehicles in 2007.Toyota set to overtake GM in 2007 @ CNN Its vehicle production increased by 1.7 million in 2006 from 7.3 to 9 million total vehicle production.

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Earlier history

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The Toyota Motor Corporation was founded in September 1933 when There was an error working with the wiki: Code[46] created a new division devoted to the production of There was an error working with the wiki: Code[187] under the direction of the founder's son, There was an error working with the wiki: Code[188]. Soon thereafter, the division produced its first Type A Engine in 1934, which was used in the first Model A1 passenger car in May 1935 and the G1 truck in August 1935. Production of the Model AA passenger car started in 1936. Early vehicles bear a striking resemblance to the There was an error working with the wiki: Code[189] There was an error working with the wiki: Code[190] and There was an error working with the wiki: Code[191], with some parts actually interchanging with their American originals.Toyota corporate history/Toyoland

Although the Toyota Group is best known today for its cars, it is still in the There was an error working with the wiki: Code[192] business and still makes automatic There was an error working with the wiki: Code[193]s, which are now fully computerized, and electric There was an error working with the wiki: Code[194]s which are available worldwide.

Toyota Motor Co. was established as an independent company in 1937. Although the founding family name is Toyoda (??), the company name was changed in order to signify the separation of the founders' work life from home life, to simplify the pronunciation, and to give the company a happy beginning. Toyota (???) is considered luckier than Toyoda (??) in Japan, where eight is regarded as a lucky number, and eight is the number of strokes it takes to write Toyota in There was an error working with the wiki: Code[47], the company and its vehicles are still referred to by the equivalent characters (There was an error working with the wiki: Code[195]: ?? There was an error working with the wiki: Code[196]: ??), with Chinese reading. Both transliterations are correct.

During the There was an error working with the wiki: Code[48]. Because of severe shortages in There was an error working with the wiki: Code[49] bombing run on the Toyota factories in There was an error working with the wiki: Code[50].

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After the war, commercial passenger car production started in 1947 with the model SA. The quality and production principles on which Toyota is based originated in an education program from the United States Army in the postwar era.December 8, 1945: Toyota Resumes Production In 1950 a separate sales company, Toyota Motor Sales Co., was established (which lasted until July 1982). In April 1956 the Toyopet dealer chain was established. The following year, the There was an error working with the wiki: Code[51] and Toyota's American and There was an error working with the wiki: Code[197]ian divisions, Toyota Motor Sales Inc. and Toyota do Brazil S.A., were also established.

Toyota began to expand in the 1960s with a new research and development facility, a presence in There was an error working with the wiki: Code[52] and There was an error working with the wiki: Code[198] were also established. By the end of the decade, Toyota had established a worldwide presence, as the company had exported its one-millionth unit.

Later history

The company was awarded its first Japanese Quality Control Award at the start 1970s and began participating in a wide variety of There was an error working with the wiki: Code[53]s. Due to the There was an error working with the wiki: Code[199] consumers in the lucrative U.S. market began turning to small cars with better fuel economy. American car manufacturers had considered small economy cars to be an "entry level" product, and their small vehicles were not made to a high level of quality in order to keep the price low. Japanese customers, however, had a long-standing tradition of demanding small fuel-efficient cars that were manufactured to a high level of quality. Because of this companies like Toyota, There was an error working with the wiki: Code[200], and There was an error working with the wiki: Code[201] established a strong and growing presence in North America in the 1970s.

There was an error working with the wiki: Code[23]

There was an error working with the wiki: Code[24] of Toyota]]

In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation. Two years later, Toyota joined There was an error working with the wiki: Code[202], the New United Motor Manufacturing, Inc. Toyota then started to establish new brands at the end of the 1980s, with the launch of their luxury division Lexus in 1989.

In the 1990s Toyota began to branch out from producing mostly compact cars by adding many larger and more luxurious vehicles to its lineup, including a full sized pickup, the There was an error working with the wiki: Code[54] (and later the There was an error working with the wiki: Code[55], known as the There was an error working with the wiki: Code[56], and the There was an error working with the wiki: Code[203] brand, a group of several affordable, yet sporty, automobiles targeted specifically to young adults. Toyota also began production of the world's best selling hybrid car, the Toyota Prius, in 1997.

With a major presence with Europe, due to the success of There was an error working with the wiki: Code[57] and There was an error working with the wiki: Code[204].

In 2001, Toyota's There was an error working with the wiki: Code[205] merged to form the There was an error working with the wiki: Code[206], United Financials of Japan, which was accused of corruption by the government for making bad loans to the There was an error working with the wiki: Code[207] crime syndicates.There was an error working with the wiki: Code[2] The UFJ became one of the most money-losing corporations in the world, with Toyota's chairman serving as a director.There was an error working with the wiki: Code[2] At the time, the UFJ was one of the largest shareholders of Toyota. As a result of Japan's banking crisis, the UFJ was merged again to become There was an error working with the wiki: Code[208] Financial Group.

In 2002, Toyota managed to enter a There was an error working with the wiki: Code[58] motoring companies There was an error working with the wiki: Code[209] and There was an error working with the wiki: Code[210], a year after Toyota started producing cars in France.

On There was an error working with the wiki: Code[211], There was an error working with the wiki: Code[212], a U.S. press release was issued stating that Toyota would be offering There was an error working with the wiki: Code[213]s. However, as late as Jan. 27, 2007, There was an error working with the wiki: Code[213] and There was an error working with the wiki: Code[215] Satellite radio kits were not available for Toyota factory radios.There was an error working with the wiki: Code[4] While the press release enumerated nine models, only limited availability existed at the dealer level in the U.S. Major Lexus dealerships have been offering satellite radio kits for Lexus vehicles since 2005, in addition to factory-equipped satellite radio models.

In 2007, Toyota released an update of its full size truck, the There was an error working with the wiki: Code[216], produced in two American factories, one in Texas and one in Indiana, and "Motor Trend" named the 2007 There was an error working with the wiki: Code[217] "Car of the Year" for 2007. It also began the construction of a new factory to build the There was an error working with the wiki: Code[218] in Mississippi.

Toyota at present day

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The There was an error working with the wiki: Code[59] and There was an error working with the wiki: Code[60], and 8.7% of There was an error working with the wiki: Code[61] on There was an error working with the wiki: Code[219], There was an error working with the wiki: Code[220] and will be introducing Isuzu diesel technology into their products.

In 2005, Toyota, combined with its half-owned subsidiary There was an error working with the wiki: Code[221], produced 8.54 million vehicles, about 500,000 fewer than the number produced by GM that year. In some months in 2006, Toyota passed Ford in selling cars. Toyota has a large market share in the United States, Europe and Africa and is the market leader in Australia. It has significant market shares in several fast-growing There was an error working with the wiki: Code[222]n countries.Toyota's plan for Lexus is a reminder of its real goal (There was an error working with the wiki: Code[223], There was an error working with the wiki: Code[224]). Financial Times, p. 16.

In the There was an error working with the wiki: Code[225], Toyota Motor is the 8th largest company in the world outpacing Ford Motor Company in all listings in terms of revenue and growth and in the 2006 There was an error working with the wiki: Code[226] it is the 12th largest company in the world. It has been consistently gaining market share in the United States.

The company was founded in 1933 by There was an error working with the wiki: Code[62] automobiles, consistently rank at the top in There was an error working with the wiki: Code[227] and reliability surveys, including J.D. Power and There was an error working with the wiki: Code[228], among others.Consumer reports lists Toyota as having the most reliable cars

Worldwide presence

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Toyota has factories all over the world, manufacturing or assembling vehicles for local markets, including the There was an error working with the wiki: Code[63]. Toyota has manufacturing or assembly plants in the United States, There was an error working with the wiki: Code[229], There was an error working with the wiki: Code[230], There was an error working with the wiki: Code[231], There was an error working with the wiki: Code[232], There was an error working with the wiki: Code[233], There was an error working with the wiki: Code[234], There was an error working with the wiki: Code[235], the United Kingdom, There was an error working with the wiki: Code[236], There was an error working with the wiki: Code[237], and more recently There was an error working with the wiki: Code[238], There was an error working with the wiki: Code[239], There was an error working with the wiki: Code[240], There was an error working with the wiki: Code[241], There was an error working with the wiki: Code[242], There was an error working with the wiki: Code[243], There was an error working with the wiki: Code[244], There was an error working with the wiki: Code[245], There was an error working with the wiki: Code[246], There was an error working with the wiki: Code[247], and the There was an error working with the wiki: Code[248].

The first Toyota built outside of Japan was a Land Cruiser FJ-251, built in There was an error working with the wiki: Code[249] in May 1959.

Toyota invests a great amount of research into cleaner-burning vehicles such as the Toyota Prius, based on technology such as the There was an error working with the wiki: Code[250]. In 2002, Toyota successfully road-tested a new version of the RAV4 which ran on a Hydrogen Fuel cell. There was an error working with the wiki: Code[251] called the company its Business Leader of the Year in 2003 for commercializing an affordable Hybrid car.

Brands

Toyota

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The first Toyota brand was the eponymous Toyota, which remains the best selling of Toyota's brands. Sales of Toyota branded vehicles have given Toyota Motor Corporation a 45% domestic market share in Japan, higher than any other manufacturer.Lexus To The Rescue In North America, Toyota has achieved success with a full lineup of cars, trucks, SUVs, and other vehicles. In particular, the There was an error working with the wiki: Code[252] has been America's best-selling car for the past five years, and is assembled in There was an error working with the wiki: Code[253] the There was an error working with the wiki: Code[254] has been the second best-selling car for 2006. These vehicles have helped drive sales of the Toyota brand in the United States.Top 10 best-selling vehicles in 2006 Total U.S. sales reached 2,220,090 units in 2006, making the brand third overall in U.S. sales for the first time in history.2006 Sales: Toyota’s Number Three

Lexus

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Lexus is Toyota's There was an error working with the wiki: Code[64], the culmination of a clandestine seven-year initiative to build world-class luxury vehicles. The luxury division expanded to Europe and There was an error working with the wiki: Code[65] flagship and the There was an error working with the wiki: Code[66] sedan, and has grown into a Lexus of models ranging from the There was an error working with the wiki: Code[67] to There was an error working with the wiki: Code[68] Series. Today, Lexus is the best selling luxury marque in North America, and the fourth largest luxury marque in the world by volume. Lexus is now sold in over forty countries around the world, and launched in Japan in 2005, becoming the first luxury marque of a Japanese manufacturer to enter the There was an error working with the wiki: Code[255].

Since its debut, Lexus has developed a reputation for reliability and quality customer service. Consumer ratings firm There was an error working with the wiki: Code[69]. Although Lexus' financial results are not publicly reported, analysts suggest that the Lexus division is the most profitable business unit of the Toyota Motor Corporation.Lexus' Big Test In 2005, Lexus was organizationally separated from Toyota, gaining its own board of directors and dedicated design, engineering, and manufacturing centers.Automotive Design & Production - Lexus Comes Into Its Own

Scion

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Scion is a There was an error working with the wiki: Code[70]) to America, and created a new badge, called There was an error working with the wiki: Code[71], meaning a descendant or heir. The xA (known in Japan as the There was an error working with the wiki: Code[256]) and xB (known in Japan as the There was an error working with the wiki: Code[257]) are powered by a 1.5L DOHC I4 engine. A third model, the There was an error working with the wiki: Code[258], was introduced in 2004 and uses a 2.4 liter engine it was designed for the North American market as a There was an error working with the wiki: Code[259] replacement, using the four-cylinder engine and transmissions from the There was an error working with the wiki: Code[260], and the basic platform of the European There was an error working with the wiki: Code[261].

Current models

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There was an error working with the wiki: Code[32] Double Cab]]

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(Note: Models and definitions do vary between markets. For specifics, see individual models.)

Toyota Brand

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Toyota Prius (hatchback - Hybrid vehicle flagship)

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There was an error working with the wiki: Code[35] with the automatic parking technology among other brand new inventions from Toyota]]

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IMV Vehicle Lineup (mainly for S.E. Asia)

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Lexus brand

There was an error working with the wiki: Code[112] (compact luxury sedan)

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Scion brand

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Historic models

Toyota Brand

There was an error working with the wiki: Code[36] GT]]

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Corona and Carina (succeeded by Premio, Allion, Avensis)

Mark II (succeeded by Mark X), Chaser and Cresta

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Echo (2000-2005) (now called Yaris in the U.S.)

Echo Hatchback (2004-2005)

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There was an error working with the wiki: Code[263] (passenger van models are succeeded by Noah / Voxy)

Paseo / Cynos (1991-1998)

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Revo/Kijang/Unser/Z-Ace (succeeded by Innova, marketed as Kijang Innova in Indonesia)

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Concept vehicles

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There was an error working with the wiki: Code[39] concept at the 2004 There was an error working with the wiki: Code[267]]]

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Hybrid technology

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The There was an error working with the wiki: Code[127]. Toyota now has three hybrid vehicles in its lineup (Prius, Highlander, & There was an error working with the wiki: Code[128]). The popular minivan Toyota Sienna is supposed to join the hybrid lineup by 2010, and by 2030 Toyota plans to have its entire lineup of cars, trucks, and SUVs to have a Hybrid Synergy Drive option.

Lexus also has their own hybrid lineup, consisting of the GS 450h, RX 400h, and soon in 2007, the LS 600h L.

Guiding Principles at Toyota

{{cquote|1. Honor the language and spirit of the law of every nation and undertake open and fair corporate activities to be a good corporate citizen of the world.

2. Respect the culture and customs of every nation and contribute to economic and social development through corporate activities in the communities.

3. Dedicate ourselves to providing clean and safe products and to enhancing the quality of life everywhere through all our activities.

4. Create and develop advanced technologies and provide outstanding products and services that fulfill the needs of customers worldwide.

5. Foster a corporate culture that enhances individual creativity and teamwork value, while honoring mutual trust and respect between labor and management.

6. Pursue growth in harmony with the global community through innovative management.

7. Work with business partners in research and creation to achieve stable, long-term growth and mutual benefits, while keeping ourselves open to new partnerships.}}http://www.toyota.co.jp/en/vision/philosophy/index.html

Manufacturing facilities

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There was an error working with the wiki: Code[129] and There was an error working with the wiki: Code[130] (formerly There was an error working with the wiki: Code[131]). 109,222 vehicles and 85,769 engines in 2005.

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There was an error working with the wiki: Code[132]) engines, There was an error working with the wiki: Code[133], There was an error working with the wiki: Code[134], There was an error working with the wiki: Code[135] and from 2008 There was an error working with the wiki: Code[136].Toyota Motor Manufacturing Canada

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Toyota Motor Manufacturing France, Onnaing-Valenciennes - There was an error working with the wiki: Code[137]

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Toyota Gateway Plant, There was an error working with the wiki: Code[273] - There was an error working with the wiki: Code[274]

United Kingdom

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United States

There was an error working with the wiki: Code[275], There was an error working with the wiki: Code[276] - There was an error working with the wiki: Code[277] and There was an error working with the wiki: Code[278] There was an error working with the wiki: Code[279].

There was an error working with the wiki: Code[143], There was an error working with the wiki: Code[144] and There was an error working with the wiki: Code[145].

There was an error working with the wiki: Code[146], There was an error working with the wiki: Code[147] and There was an error working with the wiki: Code[148]. 364,983 vehicles produced in 2005. (127,431 Tundra, 44,852 Sequoia and 192,700 Sienna)

There was an error working with the wiki: Code[149]. Annual capacity of 200,000 pickup trucks.

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Joint venture, licensed, and contract factories

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United States

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Toyota There was an error working with the wiki: Code[285] Industries,There was an error working with the wiki: Code[286]

Toyota in motorsport

Rallying

Toyota's presence in Motorsport can be traced by to the early 1970s, when There was an error working with the wiki: Code[157] driver, There was an error working with the wiki: Code[287] drove for Toyota during the RAC Rally of Great Britain. During the winter of 1972, Andersson formed Andersson Motorsport in his native country and began running a Rallying program for Toyota. The move turned out to be an impractical one and three years after establishing his team, Andersson moved its base from Sweden to There was an error working with the wiki: Code[288] in There was an error working with the wiki: Code[289]. From there the team was renamed, There was an error working with the wiki: Code[290].

There was an error working with the wiki: Code[40], World Champion of There was an error working with the wiki: Code[158] and There was an error working with the wiki: Code[159], driving the There was an error working with the wiki: Code[160].]]

There was an error working with the wiki: Code[41] and There was an error working with the wiki: Code[161] (pictured), are still a popular choice among rally drivers.]]

Toyota's first win in motorsport came at the 1975 1000 Lakes Rally of There was an error working with the wiki: Code[291], when There was an error working with the wiki: Code[292] and his co-driver, Atso Aho, won the event in a There was an error working with the wiki: Code[293]. Three years later, the team moved to a new base in There was an error working with the wiki: Code[294], in western Germany. It wasn't until the 1980s when Toyota began to gain notable success, especially in the African rallies, where There was an error working with the wiki: Code[295] and There was an error working with the wiki: Code[296] were usually top of the time sheets. The team then set-up its all purpose Motorsport facility in Cologne three years later, which is still used today.

In 1990, There was an error working with the wiki: Code[162] There was an error working with the wiki: Code[297] who was responsible.

1995 proved to be a difficult year for Toyota, as the team were caught using illegal There was an error working with the wiki: Code[298] chargers and were given a 12-month ban by the There was an error working with the wiki: Code[299]. The company returned to rallying in 1996, but its competition, notably There was an error working with the wiki: Code[300] and There was an error working with the wiki: Code[301], had a clearer advantage over their cars.

There was an error working with the wiki: Code[163] would prove to be another uncompetitive year for Toyota, with the team still behind its fellow Japanese manufacturers, Subaru and Mitsubishi, and the Carlos Sainz the highest place Toyota driver in the Drivers' Championship in third place, 11 points behind champion There was an error working with the wiki: Code[164] title, when his Corolla suffered an engine failure on the final stage of the final rally in United Kingdom, while Toyota were within 6 points of the Contstructors' Championship, many people place the blame on Toyota's choice to run Belgian Freddy Loix as one of the team's points scoring drivers at the Rally of Spain instead of regular driver Didier Auriol, because Auriol managed to win the event ahead of second-placed Loix.

Toyota decided to quit running in the WRC at the end of the There was an error working with the wiki: Code[165], quoting that "all that can be achieved has been achieved". The team managed to secure the Manufacturers' title in their last season, 18 points ahead of their nearest rival Subaru, while Didier Auriol came within 10 points of the Drivers' title.

Toyota were replaced the following season by There was an error working with the wiki: Code[302], who went onto win the Manufacturers' title in succession from 2000-2002.

In March 2007, Toyota debuted its There was an error working with the wiki: Code[166] rally car, which will compete in the There was an error working with the wiki: Code[303].http://www.worldcarfans.com/news.cfm/country/jcf/newsID/2070302.005/toyota/toyota-corolla-super-2000-debut Toyota Super 2000 Corolla debut

Champ Car

Toyota raced in There was an error working with the wiki: Code[167] from 1996 to 2002. Its early years in the series were marked by struggles. Toyota-powered cars, campaigned by the All-American Racers and There was an error working with the wiki: Code[168] led 12 laps at the There was an error working with the wiki: Code[304] street circuit in September 1998.

Toyota started seeing its fortunes improve in 1999 as There was an error working with the wiki: Code[305] took pole position at the final race of the season at the There was an error working with the wiki: Code[306]. The next year, There was an error working with the wiki: Code[307] gave Toyota its first-ever CART win at the There was an error working with the wiki: Code[308], the first of 5 races won by Toyota-powered cars that year. Toyota-powered cars won six races in 2001. In 2002, Toyota's final year in the championship, it turned things around completely from its bleak debut. Toyota won the Manufacturer's championship, 10 races, and There was an error working with the wiki: Code[309] rode Toyota power to the driver's championship, with There was an error working with the wiki: Code[310], also Toyota-powered car, finished second.

Le Mans

There was an error working with the wiki: Code[42] was raced in the 1998 and 1999 There was an error working with the wiki: Code[311]. Ex-Formula One drivers: There was an error working with the wiki: Code[312], There was an error working with the wiki: Code[313] and There was an error working with the wiki: Code[314] drove the GT-One in both events.]]

Toyota started recruiting staff for their There was an error working with the wiki: Code[169] efforts in 1997, with an aim to start a There was an error working with the wiki: Code[315] team. Toyota's efforts for a Le Mans car was the There was an error working with the wiki: Code[316], which was driven by ex-Formula One drivers: There was an error working with the wiki: Code[317] There was an error working with the wiki: Code[318] and There was an error working with the wiki: Code[319]. The 3.6 litre twin-turbo GT-Ones were beaten in 1998 and 1999 but came close to victory, breaking down late in the race. The GT-One held the lap record for the Sarthe Circuit up until 2006 however.

Indy Racing League

Toyota moved to the There was an error working with the wiki: Code[170] and provided factory support to former CART teams There was an error working with the wiki: Code[171] and There was an error working with the wiki: Code[172] were not so kind and wins were few and far between. Following the There was an error working with the wiki: Code[173], the Penske and Ganassi teams announced they would switch engines to There was an error working with the wiki: Code[320], leaving Toyota with no championship contenders. As a result of this and their intent to re-allocate resources for NASCAR, Toyota announced they would leave the series during the off-season.

NASCAR

Toyota races the There was an error working with the wiki: Code[321] in the There was an error working with the wiki: Code[322] There was an error working with the wiki: Code[323] and the There was an error working with the wiki: Code[324] in the There was an error working with the wiki: Code[322] There was an error working with the wiki: Code[326]. Toyota will support three teams in the There was an error working with the wiki: Code[327] Series and There was an error working with the wiki: Code[328] with the Camry at the start of the 2007 season. There are 3 teams with 8 cars total:

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There was an error working with the wiki: Code[330] - #55 There was an error working with the wiki: Code[331] Camry

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There was an error working with the wiki: Code[336] - #22 There was an error working with the wiki: Code[337] Camry

There was an error working with the wiki: Code[338] - #36 There was an error working with the wiki: Code[339] Camry

There was an error working with the wiki: Code[175] - #23 Camry (R&D Car)

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There was an error working with the wiki: Code[341] - #83 There was an error working with the wiki: Code[342] Camry

There was an error working with the wiki: Code[343] - #84 There was an error working with the wiki: Code[344] Camry

Formula One

There was an error working with the wiki: Code[43] racing logo]]

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In 2002 Toyota started racing in Formula One with Toyota Team Europe, based in There was an error working with the wiki: Code[345]. Despite a huge investment, the team's performances have been considered average by fans and pundits alike.

In 2004, designer There was an error working with the wiki: Code[176] by 2005 the team had advanced from the midfield to infrequently challenging for the top positions. There was an error working with the wiki: Code[346] achieved two second places and one third place in the first five races of the season, helping the team to retain second position in the Constructors Championship for several races before finishing 4th in the constructors championship. There was an error working with the wiki: Code[346] and There was an error working with the wiki: Code[348] are the team's current drivers.

For There was an error working with the wiki: Code[177], Toyota will also be supplying engines to the There was an error working with the wiki: Code[178] team.

TRD

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There was an error working with the wiki: Code[349] was brought about to help develop true high performance racing parts for many Toyota vehicles. TRD has often had much success with their aftermarket tuning parts, as well as designing technology for vehicles used in all forms of racing.

Shareholders

Toyota is publicly traded on the There was an error working with the wiki: Code[350] under number 7203 (first section). Also on There was an error working with the wiki: Code[351] under There was an error working with the wiki: Code[12].

Holdings

Toyota reports on its consolidated financial statements 540 consolidated subsidiaries and 226 affiliates.

There was an error working with the wiki: Code[352] (100% - 2004)

There was an error working with the wiki: Code[353] - Trading company for the Toyota Group

There was an error working with the wiki: Code[354] owned via There was an error working with the wiki: Code[355]

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There was an error working with the wiki: Code[371] (8.69% - There was an error working with the wiki: Code[372] There was an error working with the wiki: Code[373])

There was an error working with the wiki: Code[374] (5.9% - There was an error working with the wiki: Code[375] There was an error working with the wiki: Code[376])

Accounting Ratios

{| class="toccolours" border="1" cellpadding="3" style="border-collapse:collapse"

|+ Toyota Motor Corporation Accounting Ratios '''

|- bgcolor=lightblue

! Fiscal YearCorporateInformation Snapshot of Toyota Motor Corporation

! 2006

! 2005

! 2004

! 2003

! 2002

|- bgcolor=lightblue

! Fiscal Year End Date

! 3/31/06

! 3/31/05

! 3/31/04

! 3/31/03

! 3/31/02

|-

| Receivables Turnover

| 3.6

| 3.7

| 3.8

| 2.5

| 2.5

|-

| Receivables - Number of Days

| 93.8

| 93.3

| 114.2

| 139.0

| 129.6

|-

| Inventory Turnover

| 10.7

| 11.6

| 11.8

| 10.9

| 11.1

|-

| Inventory - Number of Days

| 33.5

| 31.2

| 30.5

| 33.1

| 32.3

|-

| Gross Property, Plant & Equipment Turnover

| 1.3

| 1.3

| 1.3

| 1.2

| 1.1

|-

| Net Property, Plant & Equipment Turnover

| 3.0

| 3.2

| 3.2

| 2.9

| 2.8

|-

| Depreciation, Depletion & Amortization -

|

|

|

|

|

|-

| % of Gross Property, Plant & Equipment

| 7.6%

| 7.1%

| 7.3%

| 6.3%

| 6.1%

|-

| Depreciation, Depletion & Amortization -

|

|

|

|

|

|-

| Year to Year Change (Japanese Yen)

| 21,346.5

| 2,780.9

| 11,827.0

| 4,802.7

| 5,385.5

|-

| Depreciation, Depletion & Amortization -

|

|

|

|

|

|-

| Year to Year % Change

| 21.4%

| 2.9%

| 13.9%

| 6.0%

| 7.2%

|-

|}

The Toyota Production System

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Toyota has long been recognized as an industry leader in manufacturing and production. Three stories of its origin have been found, one that they studied Piggly-Wiggly's just-in-time distribution system, one that they followed the writings of There was an error working with the wiki: Code[377], and one that they were given the principles from an Army training program (see above reference). Regardless of the origin, the principles, described in Jeffrey Liker’s There was an error working with the wiki: Code[378], are as follows:

1. Base your management decisions on a long-term philosophy, even at the expense of short-term goals

2. Create continuous process flow to bring problems to surface

3. Use “pull? systems to avoid overproduction

4. Level out the workload

5. Build a culture of stopping to fix problems, to get quality right the first time

6. Standardized tasks are the foundation for continuous improvement and employee empowerment

7. Use visual control so no problems are hidden

8. Use only reliable, thoroughly tested technology that serves your people and processes

9. Grow leaders who thoroughly understand the work, live the philosophy, and teach it to others

10. Develop exceptional people and teams who follow your company’s philosophy

11. Respect your extended network of partners and suppliers by challenging them and helping them improve

12. Go and see for yourself to thoroughly understand the situation (genchi genbutsu)

13. Make decisions slowly by consensus, thoroughly considering all options implement decisions rapidly

14. Become a learning organization through relentless reflection and continuous improvement

Non-automotive activities

Higher education

Toyota established the There was an error working with the wiki: Code[379] in 1981, as Sakichi Toyoda had planned to establish a university as soon as he and Toyota became successful. Toyota Technological Institute founded the There was an error working with the wiki: Code[380] in 2003.

Robotics

Toyota has been developing multitask robots destined for elderly care, manufacturing, and entertainment.

Finance

Toyota There was an error working with the wiki: Code[381] Corporation provides financing to Toyota customers.

Agricultural biotechnology

Toyota invests in several small start-up businesses and partnerships in There was an error working with the wiki: Code[382], including:

P.T. Toyota Bio Indonesia in There was an error working with the wiki: Code[383], There was an error working with the wiki: Code[384]

Australian Afforestation Pty. Ltd. in There was an error working with the wiki: Code[385] and There was an error working with the wiki: Code[386]

Toyota Floritech Co., Ltd. in There was an error working with the wiki: Code[179], There was an error working with the wiki: Code[180], There was an error working with the wiki: Code[387]

Sichuan Toyota Nitan Development Co., Ltd. in There was an error working with the wiki: Code[388], China

There was an error working with the wiki: Code[181], There was an error working with the wiki: Code[389]

See also

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The There was an error working with the wiki: Code[390]

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Notes

2005 Toyota Highlander Hybrid. Retrieved There was an error working with the wiki: Code[395] There was an error working with the wiki: Code[396] from CanadianDriver Communications, Inc. (2004)

Toyota up close Sales figures of Toyota.

Toyota becomes 3rd ranked US automaker behind GM and Ford Bloomberg Report.

External links

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Toyota Motor official global site, in english

Toyota worlwide and dealers.

Hybridsynergydrive.com.

There was an error working with the wiki: Code[16] documentation.

Toyota Sport. The UK's premier Toyota enthusiasts site.

Toyoland owner/enthusiast site

Toyota enthusiast site

Yahoo! - Toyota Motor Corporation Company Profile

GStock - Toyota Motor Corporation stock quote

Toyota developing plug-in hybrid, researching market.

The LSOC For UK Toyota Soarer Owners

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