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Distribution Services

Toyota Tsusho Corp.

Business Summary

Toyota Tsusho Corp. engages in domestic trade of various products, their import and export, foreign government trading, contracted construction, and insurance agency services. It operates through the following business segments: Metals, Global Production Parts and Logistics, Automotive, Machinery, Energy, and Project, Chemicals and Electronics, Food and Consumer Products, Africa, and Others. The Metals segment manufactures, processes, sells, and disposes ordinary and special steel products, non-ferrous and precious metals, copper and copper alloy products, rare earth materials, and new metals. The Global Production Parts and Logistics segment ensures stable supply of automotive parts and utilizes integrated logistics services encompassing packaging, marine container transport, sorting, reloading, and final delivery. The Automotive segment sells and provides services for passenger, commercial, light, and two-wheeled vehicles, trucks and buses, and automotive parts. The Machinery, Energy, and Project segment handles various machinery and equipment, industrial vehicles, and construction machinery; procures basic energy resources such as petroleum, coal, and natural gas; and engages in energy and electric power supply and water treatment businesses. The Chemicals and Electronics segment offers automotive components, semiconductor, electronic parts, module products, and automotive integration software. It also provides network construction and maintenance. The Produce and Consumer Products segment manufactures, processes, and sells livestock feeds, grains, processed food products, food ingredients, agricultural, marine, livestock, and alcoholic beverages. It also covers products and services related to insurance and securities, textile products and apparel, nursing and medical-related products, office furniture, construction and housing materials, hospitals, and hotel residences. The Africa segment deals with the Africa automobile, healthcare, and consumer finance and retail businesses; as well as electricity infrastructure, agriculture, and information and communications technology (ICT). The Others segment includes functional services to provide operational support to the whole group. The company was founded on July 1, 1948 and is headquartered in Nagoya, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue6,694.07B61,568.39M
Gross Profit590,329M5,429.52M
Operating income209,721M1,928.89M
Income before tax224,801M2,067.59M
Net income135,552M1,246.73M
EBITDA313,279M2,881.36M
Diluted EPS385.243.54
Dividends Per Share1101.01
Total Assets4,545.21B42,102.81M
Total liabilities3,172.71B29,389.23M
Total equity1,196.63B11,084.57M
Operating cash flow267,809M2,463.16M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 6,246.10B 5,797.36B 6,491.03B 6,762.70B 6,694.07B
Gross Profit 573,205M 535,499M 569,888M 603,917M 590,329M
Operating income 174,117M 159,637M 192,240M 217,772M 209,721M
Income before tax 76,769M 140,895M 209,749M 229,193M 224,801M
Net income -19,279M 107,903M 130,228M 132,623M 135,552M
EBITDA 255,346M 235,702M 272,432M 293,777M 313,279M
Diluted EPS -54.80 306.63 370.08 376.89 385.24
Dividends Per Share 62 70 94 100 110
Total Assets 4,053.39B 4,212.06B 4,310.04B 4,441.46B 4,545.21B
Total liabilities 2,937.40B 2,988.54B 2,947.85B 3,051.84B 3,172.71B
Total equity 946,658M 1,050.61B 1,174.71B 1,195.82B 1,196.63B
Operating cash flow 320,330M 159,770M 215,098M 210,796M 267,809M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 52,014.32M 53,536.76M 58,566.21M 60,983.11M 61,568.39M
Gross Profit 4,773.35M 4,945.15M 5,141.88M 5,445.86M 5,429.52M
Operating income 1,449.95M 1,474.19M 1,734.51M 1,963.77M 1,928.89M
Income before tax 639.29M 1,301.11M 1,892.48M 2,066.76M 2,067.59M
Net income -160.54M 996.44M 1,174.99M 1,195.93M 1,246.73M
EBITDA 2,126.38M 2,176.63M 2,458.05M 2,649.15M 2,881.36M
Diluted EPS -0.45 2.83 3.33 3.39 3.54
Dividends Per Share 0.51 0.64 0.84 0.90 1.01
Total Assets 36,063.80M 37,800.08M 40,526.95M 40,127.06M 42,102.81M
Total liabilities 26,134.62M 26,819.96M 27,718.39M 27,572.34M 29,389.23M
Total equity 8,422.59M 9,428.51M 11,045.77M 10,803.87M 11,084.57M
Operating cash flow 2,667.54M 1,475.42M 1,940.74M 1,900.86M 2,463.16M

Valuation Measures

Mar 2020
PER6.60
ROA3.01%
ROE11.33%
Operating margin3.13%
Profit margin2.02%

Key executives

  • President, CEO & Representative Director: Ichiro Kashitani
  • CFO, Head-Legal Affairs, Accounting, Sales & ERM: Hideyuki Iwamoto
  • Chief Digital Technology Officer: Hiroshi Tominaga
  • Director, VP & Chief Compliance Officer: Takahiro Kondo
  • Director & Vice President: Hideki Yanase

Shareholders

  • Toyota Motor Corp. (21.5%)
  • Toyota Industries Corp. (11.1%)
  • Nomura Asset Management Co., Ltd. (4.9%)
  • Nikko Asset Management Co., Ltd. (2.6%)
  • Mitsubishi UFJ Financial Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • MS&AD Insurance Group Holdings, Inc. (1.9%)
  • The Vanguard Group, Inc. (1.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (1.7%)
  • Baillie Gifford & Co. (1.5%)

Contact Details

Related Companies

  • Toyota Tsusho Restricted Stock Compensation Plan
  • Toyota Tsusho Systems Corp.
  • Toyotsu Tekkou Hanbai Cor
  • Toyota Tsusho Material, Inc.
  • Toyotsu Machinery Corp.
  • Toyotsu Office Service Corp.
  • Toyota Tsusho Insurance Partners Corp.
  • Toyota Tsusho Corp. /Venture Capital/
  • Bis caye Co., Ltd.
  • Mirra & Mirra Industries Pvt Ltd.
  • Toyota Tsusho (Dalian) Co. Ltd.
  • Tomen Panama Asset Management SA
  • Guangzhou Toyotsu Automobile Equipment Co. Ltd.
  • K&T Foods Co. Ltd.
  • Shenyang Huatong Toyota Service Co. Ltd.
  • Guangzhou Guangqi Toyotsu Resource Management Co. Ltd.
  • Guangzhou Fengzhong Aluminium Smelting Technology Co. Ltd.
  • Toyota Del Ecuador SA
  • Tianjin Fengtian Steel Process Co. Ltd.
  • Modified Starch Industries Sdn. Bhd.
  • Tianjin Nitic Insurance Brokers Co. Ltd.
  • Toyota Tsusho (South Sea) Ltd.
  • Toyota Tsusho (Solomon Islands) Ltd.
  • Toyota Tsusho (PNG) Ltd.
  • Toyota Tsusho Vostok Auto Co. Ltd.
  • Toyota Tsusho Re Singapore Pte Ltd.
  • Toyota Tsusho Otomotiv Sanayi ve Ticaret AS
  • Business Car Co. Ltd.
  • Kwarta Maritime SA
  • Establishment Floreden SA

Competitors

  • Russel Metals Inc.
  • WPG Holding Co Ltd
  • Sociedad Quimica y Minera de Chile SA Pfd Series B
Last Updated on 3 Jul, 2020

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