ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Producer Manufacturing

Toyota Boshoku Corp.

Business Summary

Toyota Boshoku Corp. engages in manufacturing, developing, and selling of automobile parts and textile products. The company's products include seats, door trims, instrument panels, headliners, illuminations, filter products, fuel parts, and textile components. The company was founded by Sakichi Toyoda on January 30, 1918 and is headquartered in Kariya, Japan.

Financial Highlights

Mar 2021 JPYUSD
Gross Profit159,284M1,501.86M
Operating income55,114M519.66M
Income before tax57,768M544.68M
Net income31,189M294.07M
Diluted EPS166.921.57
Dividends Per Share450.42
Total Assets845,778M7,654.09M
Total liabilities476,123M4,308.80M
Total equity334,935M3,031.08M
Operating cash flow74,483M702.28M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,357.91B 1,407.39B 1,417.37B 1,372.61B 1,272.14B
Gross Profit 185,133M 192,947M 179,673M 165,302M 159,284M
Operating income 71,531M 73,710M 61,498M 49,196M 55,114M
Income before tax 79,079M 75,849M 61,489M 48,074M 57,768M
Net income 45,360M 44,818M 27,458M 24,787M 31,189M
EBITDA 109,256M 106,057M 96,651M 89,419M 95,061M
Diluted EPS 244.26 241.33 147.85 132.87 166.92
Dividends Per Share 50 54 56 54 45
Total Assets 691,921M 776,611M 793,599M 780,714M 845,778M
Total liabilities 415,644M 450,586M 464,268M 459,010M 476,123M
Total equity 230,421M 279,708M 292,199M 291,052M 334,935M
Operating cash flow 95,389M 83,559M 60,720M 79,673M 74,483M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 12,539.88M 12,698.37M 12,781.28M 12,624.56M 11,994.82M
Gross Profit 1,709.64M 1,740.88M 1,620.21M 1,520.35M 1,501.86M
Operating income 660.56M 665.05M 554.56M 452.47M 519.66M
Income before tax 730.26M 684.35M 554.48M 442.15M 544.68M
Net income 418.88M 404.37M 247.60M 227.97M 294.07M
EBITDA 1,008.94M 956.91M 871.55M 822.42M 896.31M
Diluted EPS 2.25 2.17 1.33 1.22 1.57
Dividends Per Share 0.46 0.48 0.50 0.49 0.42
Total Assets 6,209.46M 7,302.40M 7,169.88M 7,231.84M 7,654.09M
Total liabilities 3,730.09M 4,236.82M 4,194.49M 4,251.86M 4,308.80M
Total equity 2,067.85M 2,630.07M 2,639.91M 2,696.04M 3,031.08M
Operating cash flow 880.88M 753.92M 547.54M 732.78M 702.28M

Valuation Measures

Mar 2021
Operating margin4.33%
Profit margin2.45%

Key executives

  • President, CEO & Representative Director: Takeshi Numa
  • CFO, Director & Executive Officer: Yoshihiro Ito
  • Director, CTO & Executive Officer: Taku Yamamoto
  • Manager-Technology Management: Asami Kato
  • Executive Officer: Hiroshi Ioki


  • Toyota Motor Corp. (31.0%)
  • Towa Real Estate Co., Ltd. (9.7%)
  • DENSO Corp. (5.4%)
  • Toyota Industries Corp. (4.1%)
  • NHK Spring Co., Ltd. (3.8%)
  • Toyota Tsusho Corp. (2.4%)
  • Toyota Boshoku Employee Stock Ownership Plan (1.6%)
  • Nomura Asset Management Co., Ltd. (1.5%)
  • The Vanguard Group, Inc. (0.8%)
  • Tachi-S Co., Ltd. (0.7%)

Contact Details

Related Companies

  • Toyota Boshoku Restricted Stock Compensation Plan
  • Aitec Co., Ltd. (China)
  • Toyota Boshoku Corp. /European Interiors Bus/
  • Shenyang Toyota Boshoku Automotive Parts Co. Ltd.
  • TB Sewtech Turkey Otomotiv Sanayi Ve Ticaret Ltd. Sti
  • Boshoku Automotive Czech sro
  • Kunshan Shenghe Mobile Decoration Co. Ltd.
  • Toyota Boshoku LLC
  • Toyota Boshoku Lao Co. Ltd.
  • Toyota Boshoku Australia Pty Ltd.
  • Kawashima Textile Manufacturers (Shanghai) Ltd.
  • Feng'ai (Guangzhou) Automotive Seat Parts Co. Ltd.
  • Toyota Boshoku Canada, Inc.
  • Shin San Shing Co. Ltd.
  • Toyota Boshoku Turkiye Otomotiv Sanayi ve Ticaret AS
  • TB Sewtech de Mexico S de RL de CV
  • Seiwa Seat Covers (Bengbu) Co. Ltd.
  • Toyota Boshoku do Brasil Ltda.
  • Chengdu Toyota Boshoku Automotive Parts Co. Ltd.
  • Heyuan Toyota Boshoku Automotive Parts Co. Ltd.
  • Shanghai Toyota Boshoku Automotive Parts Co. Ltd.
  • Ningbo Araco Co. Ltd.
  • Kunshan Toyota Boshoku Automotive Parts Co. Ltd.
  • Tianjin Feng'ai Automotive Seat Parts Co. Ltd.
  • Boshoku Automotive Poland Sp zoo
  • PT Ateja Kawashima Autotex
  • Changchun Faway Toyota Boshoku Auto Parts Co., Ltd.
  • Shanghai Kawashima Shenda Dyeing & Finishing Co. Ltd.
  • Toyota Boshoku Philippines Corp.
  • S.K. Auto Interior Co. Ltd.


  • Adient plc
  • Lear Corporation
  • Ningbo Jifeng Auto Parts Co Ltd Class A
  • Zhejiang Tiancheng Controls Co Ltd Class A
  • Loop Energy, Inc.
Last Updated on 26 Nov, 2021

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more