Toyota Tsusho : Achieving our Mid-term Business Plan for FY2024
November 31, 2022 at 08:06 pm
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Achieving our Mid-term Business Plan for FY2024
November 1, 2022
Toyota Tsusho Corporation
0
Progress towards achieving the MTP through FY2024
Announced May 2, 2022
1. Business strategy
Accelerating initiatives for combining carbon neutrality/ circular economy with organic business and our four priority areas
2. Quantitative targets
Sustaining FY2021 record-high profit level and balancing both future growth investments and shareholder returns
Today's briefing
■Case examples of steady progress
・Battery Supply Chain (Next Mobility x Battery)
・100% ownership of Eurus Energy (Renewable Energy/Energy Management)
・Africa x EoL x Digital Transformation ・Battery/plastic recycling (Circular
Economy x Battery x EoL)
・Digital Transformation
■Key takeaways from TICAD 8
■Toward achieving quantitative targets
・Steady profit growth, sustained dividend hikes
・Base operating cash flow generation, improved operating cash flow, solid financial structure to support carrying out investment
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MTP: Our management strategy
Key strategies
Next Renewable
Mobility Energy
Africa Circular
Economy
Announced May 2, 2022
CN / CE
Renewable Energy/
Battery
Energy Management
Economy
of Life
Resource
Hydrogen/
Recycling/3R
Alternative Fuel
Organic
Digital
Globalization
Transformation
Foundation: Toyota Tsusho's unique points of difference
26
MTP: Our management strategy
Announced May 2, 2022
Next
Mobility
Battery
Renewable Energy/
Energy Management
Hydrogen/
Circular
Alternative Fuel
Africa
Economy
Economy
of Life
Organic
Digital
Globalization
Transformation
Foundation: Toyota Tsusho's unique points of difference
26
Next Mobility x Battery
Next
Battery
Mobility
36
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Toyota Tsusho Corporation published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2022 00:05:02 UTC.
Toyota Tsusho Corporation is a diversified group organized around 7 areas of activity:
- production of metal (24.1% of net sales): steel bars, flat steel, wires, pipes, aluminum, etc.;
- manufacturing of chemical products and electronic components (23.2%);
- production of automobile components and accessories (12.4%). Toyota Tsusho Corporation also offers logistics services and tire assembly services;
- manufacturing of industrial machines equipment and gas (10.9%);
- sale of vehicles (7.9%): private cars, vans, heavy vehicles and motorbikes/scooters. The group also sells spare parts and offers after-sales services;
- manufacturing of food products (7.7%);
- other (13.8%): sale of insurance products (life, health, accident and house), accommodation services, sale of medical equipment and services, sale of textile products and office supplies.
Net sales are distributed geographically as follows: Japan (30.8%), China (14.4%), Africa (13.7%), the United States (9.8%) and other (31.3%).