PPM-IT

ASSIGNMENT SUBMITTED-BY:-PRASHANT RATHI

PRN:-16030141083

HISTORY OF TOYOTA

• Toyota Motor Corporation is a Japanese automative manufacturer headquartered in Toyota, Aichi , Japan. In March 2014 the multinational corporation consisted of 338,875 employees worldwide and, as of February 2016, is the 13th-largest company in the world by revenue. Toyota was the largest automobile manufacturer in 2012 (by production) ahead of the Volkswagen Group and General Motors. In July of that year, the company reported the production of its 200-millionth vehicle. Toyota is the world's first automobile manufacturer to produce more than 10 million vehicles per year. It did so in 2012 according to OICA, and in 2013 according to company data . As of July 2014, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as #2-ranked Soft Bank) and by revenue.

• Toyota is the world's market leader in sales of hybrid electric vehicles, and one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe. Cumulative global sales of Toyota and Lexus hybrid passenger car models passed the 9 million milestone in April 2016. Its Prius family is the world's top selling hybrid nameplate with almost 5.7 million units sold worldwide as of 30 April 2016.

• The company was founded by Kiichiro Toyoda in 1937, as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation produces vehicles under 5 brands, including the Toyota brand, Hino, Lexus, Ranz , Scion, and Daihatsu. It also holds a 16.66% stake in Fuji Heavy Industries, a 5.9% stake in Isuzu, a 3.58% stake in the Yamaha Motor Company, and a 0.27% stake in Tesla, as well as joint-ventures with two in China (GAC Toyota and Sichuan FAW Toyota Motor), one in India (Toyota Kirloskar), one in the Czech Republic (TPCA), along with several "nonautomotive" companies . TMC is part of the Toyota Group, one of the largest conglomerates in the world.

TOYOTA INDIA HISTORY

• Toyota Kirloskar Motor Pvt Ltd is a subsidiary of Toyota Motor Corporation of Japan (with Kirloskar Group as a minority owner), for the manufacture and sales of Toyota cars in India. It is currently the 4th largest car maker in India after Maruti Suzuki, Hyundai, and Mahindra.

• The company Toyota Kirloskar Motor Pvt Ltd (TKMPL) according to its mission statement aims to play a major role in the development of the automotive industry and the creation of employment opportunities, not only through its dealer network, but also through ancillary industries with a business philosophy of "Putting Customer First".

• On June 7, 2012, Vice Chairman of the company revealed that the company is planning to enter the healthcare sector and its first hospital would open in Karnataka in May 2013.

Type Joint venture

Industry Automotive

Founded 6 October 1997

Headquarters Bangalore, Karnataka

Key people Mr. Akhito Tachibana

Chairman

Mr. Vikram S. Kirloskar

Vice Chairman

Products Automobiles

Number of employees 4,975

Parent Toyota Motor Corporation , Kirloskar

Group

Subsidiaries Toyota Kirloskar Auto Parts Private

Limited

Slogan Quality Revolution

Corporate Governance

• Basic Perspective of Corporate Governance

• Toyota Industries strives to enhance its corporate value in a stable manner over the long term and maintains society's trust by earnestly fulfilling its social responsibilities in accordance with its Basic Philosophy. To that end, Toyota Industries strives to further enhance its corporate governance in its efforts to maintain and improve management efficiency and the fairness and transparency of its corporate activities.

•

• Implementation Structure

• Toyota Industries convenes monthly meetings of the Board of Directors to resolve important management matters and monitor the execution of duties by directors. We also appoint outside directors who have a wealth of experience and knowledge concerning business management. They attend meetings of the Board of Directors and give opinions and ask questions as deemed necessary. Through this supervisory function of outside directors, we e sure the legality a d alidity of the Board’s de isio s as ell as directors' execution of duties from an objective perspective. The Management Committee, which is composed of directors above the executive vice president level as well as relevant managing officers and audit & supervisory board members, deliberates on a variety of issues concerning important management matters such as our corporate vision, management policies, medium-term business strategies and major investments.

• Toyota Industries has a divisional organization system, with significant authority delegated to each business division. For especially crucial matters, however, we have established the Business Operation Committee to enable the president to meet with the heads of each business division regularly to monitor and follow the status of their business execution. At meetings of the Management Council, directors, managing officers and audit & supervisory board members convene to report and confirm the monthly status of business operations and share overall deliberations at Board of Directors meetings and other management-related information.In addition, issues pertaining to human resources, quality, production, procurement and technologies are discussed at the corresponding functional meetings. We have also put in place committees to deliberate on more specific matters, such as CSR, the environment and export transaction controls. These functional meetings and committees discuss important matters and action themes in respective areas.

Corporate Governance

Structure

Audit & Supervisory Board

System

• Toyota Industries has adopted an audit & supervisory board

system. Two full-time audit & supervisory board members and

three outside audit & supervisory board members attend

meetings of the Board of Directors to monitor the execution

of duties by directors. At the same time, meetings of the Audit

& Supervisory Board are held once a month to discuss and

make decisions on important matters related to auditing. The

full-time audit & supervisory board members carry out

auditing by attending primary meetings and receiving reports

directly from directors. Additionally, we have assigned

dedicated personnel, while audit & supervisory board

members monitor the legality and efficiency of management

through collaboration with independent auditors and the

Audit Department.

Appointment of Independent

Director and Audit &

Supervisory Board Members

• As a publicly listed company, Toyota Industries strives to

ensure the fairness and transparency of management.

Following the Securities Listing Regulations stipulated by the

Tokyo Stock Exchange and Nagoya Stock Exchange,

respectively, to further enhance our corporate governance

Toyota Industries has appointed as independent members of

management two outside directors and two outside audit &

supervisory board members who are deemed to have no

conflicts of interest with our shareholders.

Vision

• In order to chart its own bold path through today's relentlessly

changing environment, in fall 2011 Toyota Industries

announced Vision 2020, which acts as a map and compass for

charting a course to the next stage of growth.

Business Categories under

Vision

• Solution :-Business unit encompassing materials handling equipment, logistics, and textile machinery. Toyota Industries will accelerate growth of this unit as its specialty business domain, which handles everything from development and production to sales and after-sales service.

• Key Components:- Business unit centered on the fields of car air-conditioning com pressors and car electronics. Capitalizing on its technological superiority, this unit allows Toyota Industries to offer key components for a variety of products to a diverse range of customers worldwide, mainly automakers.

• Mobility Business:- unit producing vehicles and engines for Toyota Motor Corporation. This unit makes the most of Toyota Industries' production strengths in contributing to significant improvement of the competitive edge of TOYOTA cars.

Research and Development

(R&D)

• I keepi g ith its fou di g spirit of Be ahead of the ti es through endless creativity, inquisitiveness, and pursuit of

i pro e e t , Toyota I dustries a ti ely arries out resear h and development activities. Our R&D activities can be broadly

classified into two areas, (1) product development and

improvements performed independently within each business

di isio , a d 2 R&D u dertake ai ly y the Resear h & De elop e t Ce ter separate fro the a ti ities of our business divisions and with a view toward company-wide

management strategy.

1. R&D Activities Carried Out by

the Business Divisions

• In each of our internal divisions various initiatives, centered on

the technical departments, are being taken to promote the

advanced development of future products that will lead the

world in functionality, quality, and low cost. The results of

these R&D activities are unveiled at an internal technology

exhibition in each division and also at a company-wide

technology exhibition held every year where the engineers

from all divisions gather. In this way we strive to give our

engineers access to a wide range of exchange opportunities.

2. Research & Development

Center Activities

• The Resear h & De elop e t Ce ter , hi h is lo ated i Kyo a, Obu City, Aichi Pref., undertakes the advanced development of fundamental technologies which will be the keys to the future products of each division, and advanced research for the development of new products for new businesses as well as development of materials and other technologies that will come to serve as the common foundation for all divisions. For example, there are a multitude of research and development results and prototypes such as a wide variety of functional parts for use in fuel cells, non-contact power supply technologies for use in clean logistics, super smooth coatings for inside car air-conditioning compressors, and three dimensional fabric reinforced composite technologies. From this point forward research and development will continue into new technology themes for every field including automobiles, materials handling equipment, and electronics.

CORPORATE PROFILE OF TOYOTA

Company

name

Toyota Industries Corporation

Establish

ed

November 18, 1926

Head

office

2-1, Toyoda-cho, Kariya-shi, Aichi 448-8671

JAPAN

President Akira OnishI

Business

activities

Manufacture and sales of textile

machinery, automobiles, materials

handling equipment, etc. as well as logistics

business, etc.

Capital 80.4 billion

yen

(as of March 31, 2016)

Net sales 2,228.9

billion yen

(fiscal year ended March 31,

2016)

Operatin

g income

127.9

billion yen

(fiscal year ended March 31,

2016)

Ordinary

income

185.3

billion yen

(fiscal year ended March 31,

2016)

Net

Income

183.0

billion yen

(fiscal year ended March 31,

2016)

Employe

es

51,458 (as of March 31, 2016)

• Sales by Business Segment (FY 2016, Consolidated Basis)

Directors, Corporate Auditors

and Managing Officers

Chairman Tetsuro Toyoda

President Akira Onishi

Executive Vice Presidents

Kazue Sasaki Shinya Furukawa Masaharu Suzuki

Directors

Takuo Sasaki Kan Otsuka Taku Yamamoto

Shuzo Sumi Kenichiro Yamanishi Mitsuhisa Kato

Audit & Supervisory Board Members

Full-time Audit &

Supervisory Board

Members

Toshifumi Ogawa Kohei Nozaki

Outside Audit &

Supervisory Board

Members

Hans-Juergen Marx Takahiko Ijichi Akihisa Mizuno

• Managing Officers

Senior Managing Officers

Takuo Sasaki Toshifumi Onishi Kan Otsuka

Taku Yamamoto Keiichi Fukunaga

Managing Officers

Yukihisa Tsuchimoto Takashi Ito Toshiya Yamagishi

Junichi Harada Mikihiko Okamoto Yojiro Mizuno

Masahiro Kawaguchi Yuji Ishizaki Keizo Hara

Kiyotsugu Kurimoto Masafumi Kunito Toshihiko Shimizu

Koichi Ito Yasushi Kawai Hiroaki Kayukawa

Toru Inagawa Hiroshi Matsumoto Kota Otoshi

Norio Wakabayashi Kazunari Masuoka Kazunari Kumakura

Hiroaki Matsuda Hisahi Ichijo

TOYOTA INDIA KEY EXECUTIVES

Key Executives For Toyota

Kirloskar Motor Pvt. Ltd.

Name Title

Akito Tachibana Managing Director and

Director

Yoshihiro Horinouchi Deputy Managing Director of

Manufacturing

Hitoshi Iwanaga Senior Vice-President

T. S. Jaishankar Deputy Managing Director of

Commercial

N. Raja Senior Vice President and

Director of Marketing & Sales

Toyota Kirloskar Motor Pvt. Ltd.

Board Members

Name Primary Company

Ryoichi Sasaki Toyota Kirloskar Motor Pvt.

Ltd.

Akito Tachibana Managing Director Toyota Kirloskar Motor Pvt.

Ltd.

Shekar Viswanathan Vice Chairman &

Whole Time Director

Toyota Kirloskar Motor Pvt.

Ltd.

Vikram Shreekant

Kirloskar

Vice Chairman Kirloskar Systems Limited

Name Title

Mahesh N. Salkar

Senior Vice

President of

Customer Service

Shigeru Tomonaga

Chief of Supplier

Support Centre

and Deputy

Managing

Director

Shekar

Viswanathan Vice Chairman