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Toyota Industries Corporation: History, Operations, and Global Impact

At a Glance

Title: Toyota Industries Corporation: History, Operations, and Global Impact

Total Categories: 6

Category Stats

  • Founding and Early Diversification (1926-1959): 6 flashcards, 12 questions
  • Expansion and Automotive Integration (1960-1999): 6 flashcards, 13 questions
  • Global Materials Handling & Automation (2000-Present): 7 flashcards, 13 questions
  • Corporate Overview and Financials: 8 flashcards, 14 questions
  • Core Business Areas and Products: 5 flashcards, 7 questions
  • Toyota Group Affiliations: 6 flashcards, 11 questions

Total Stats

  • Total Flashcards: 38
  • True/False Questions: 35
  • Multiple Choice Questions: 35
  • Total Questions: 70

Instructions

Click the button to expand the instructions for how to use the Wiki2Web Teacher studio in order to print, edit, and export data about Toyota Industries Corporation: History, Operations, and Global Impact

Welcome to Your Curriculum Command Center

This guide will turn you into a Wiki2web Studio power user. Let's unlock the features designed to give you back your weekends.

The Core Concept: What is a "Kit"?

Think of a Kit as your all-in-one digital lesson plan. It's a single, portable file that contains every piece of content for a topic: your subject categories, a central image, all your flashcards, and all your questions. The true power of the Studio is speed—once a kit is made (or you import one), you are just minutes away from printing an entire set of coursework.

Getting Started is Simple:

  • Create New Kit: Start with a clean slate. Perfect for a brand-new lesson idea.
  • Import & Edit Existing Kit: Load a .json kit file from your computer to continue your work or to modify a kit created by a colleague.
  • Restore Session: The Studio automatically saves your progress in your browser. If you get interrupted, you can restore your unsaved work with one click.

Step 1: Laying the Foundation (The Authoring Tools)

This is where you build the core knowledge of your Kit. Use the left-side navigation panel to switch between these powerful authoring modules.

⚙️ Kit Manager: Your Kit's Identity

This is the high-level control panel for your project.

  • Kit Name: Give your Kit a clear title. This will appear on all your printed materials.
  • Master Image: Upload a custom cover image for your Kit. This is essential for giving your content a professional visual identity, and it's used as the main graphic when you export your Kit as an interactive game.
  • Topics: Create the structure for your lesson. Add topics like "Chapter 1," "Vocabulary," or "Key Formulas." All flashcards and questions will be organized under these topics.

🃏 Flashcard Author: Building the Knowledge Blocks

Flashcards are the fundamental concepts of your Kit. Create them here to define terms, list facts, or pose simple questions.

  • Click "➕ Add New Flashcard" to open the editor.
  • Fill in the term/question and the definition/answer.
  • Assign the flashcard to one of your pre-defined topics.
  • To edit or remove a flashcard, simply use the ✏️ (Edit) or ❌ (Delete) icons next to any entry in the list.

✍️ Question Author: Assessing Understanding

Create a bank of questions to test knowledge. These questions are the engine for your worksheets and exams.

  • Click "➕ Add New Question".
  • Choose a Type: True/False for quick checks or Multiple Choice for more complex assessments.
  • To edit an existing question, click the ✏️ icon. You can change the question text, options, correct answer, and explanation at any time.
  • The Explanation field is a powerful tool: the text you enter here will automatically appear on the teacher's answer key and on the Smart Study Guide, providing instant feedback.

🔗 Intelligent Mapper: The Smart Connection

This is the secret sauce of the Studio. The Mapper transforms your content from a simple list into an interconnected web of knowledge, automating the creation of amazing study guides.

  • Step 1: Select a question from the list on the left.
  • Step 2: In the right panel, click on every flashcard that contains a concept required to answer that question. They will turn green, indicating a successful link.
  • The Payoff: When you generate a Smart Study Guide, these linked flashcards will automatically appear under each question as "Related Concepts."

Step 2: The Magic (The Generator Suite)

You've built your content. Now, with a few clicks, turn it into a full suite of professional, ready-to-use materials. What used to take hours of formatting and copying-and-pasting can now be done in seconds.

🎓 Smart Study Guide Maker

Instantly create the ultimate review document. It combines your questions, the correct answers, your detailed explanations, and all the "Related Concepts" you linked in the Mapper into one cohesive, printable guide.

📝 Worksheet & 📄 Exam Builder

Generate unique assessments every time. The questions and multiple-choice options are randomized automatically. Simply select your topics, choose how many questions you need, and generate:

  • A Student Version, clean and ready for quizzing.
  • A Teacher Version, complete with a detailed answer key and the explanations you wrote.

🖨️ Flashcard Printer

Forget wrestling with table layouts in a word processor. Select a topic, choose a cards-per-page layout, and instantly generate perfectly formatted, print-ready flashcard sheets.

Step 3: Saving and Collaborating

  • 💾 Export & Save Kit: This is your primary save function. It downloads the entire Kit (content, images, and all) to your computer as a single .json file. Use this to create permanent backups and share your work with others.
  • ➕ Import & Merge Kit: Combine your work. You can merge a colleague's Kit into your own or combine two of your lessons into a larger review Kit.

You're now ready to reclaim your time.

You're not just a teacher; you're a curriculum designer, and this is your Studio.

This page is an interactive visualization based on the Wikipedia article "Toyota Industries" (opens in new tab) and its cited references.

Text content is available under the Creative Commons Attribution-ShareAlike 4.0 License (opens in new tab). Additional terms may apply.

Disclaimer: This website is for informational purposes only and does not constitute any kind of advice. The information is not a substitute for consulting official sources or records or seeking advice from qualified professionals.


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Study Guide: Toyota Industries Corporation: History, Operations, and Global Impact

Study Guide: Toyota Industries Corporation: History, Operations, and Global Impact

Founding and Early Diversification (1926-1959)

Sakichi Toyoda founded Toyota Industries Corporation in 1926, primarily known for his innovations in automobile manufacturing.

Answer: False

Sakichi Toyoda founded the company in 1926, but he was primarily known for his innovations in looms and textile machinery. The automobile department was established later and led by his son, Kiichiro Toyoda.

Related Concepts:

  • When and by whom was Toyota Industries Corporation founded, and what was its founder known for?: Toyota Industries Corporation was founded on November 18, 1926, by Sakichi Toyoda, an inventor renowned for his innovations in manual and machine-powered looms.
  • Explain the genesis of Toyota Motor Corporation from Toyota Industries.: Toyota Industries established an automobile department in 1933, led by Sakichi Toyoda's eldest son, Kiichiro Toyoda. This department was spun off in 1937 to form Toyota Motor Co., Ltd., now known as Toyota Motor Corporation.

The original name of the company when founded in 1926 was Toyota Automatic Loom Works, Ltd.

Answer: False

The original name of the company was Toyoda Automatic Loom Works, Ltd., using 'Toyoda' with a 'd' rather than 'Toyota' with a 't'.

Related Concepts:

  • What was the original corporate name of Toyota Industries Corporation upon its founding in 1926?: The company's original name, established on November 18, 1926, was Toyoda Automatic Loom Works, Ltd.

Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G, was notable for its ability to change shuttles without stopping, significantly increasing productivity.

Answer: True

The 1924 Toyoda Automatic Loom, Type G, was indeed a groundbreaking invention by Sakichi Toyoda, featuring the ability to change shuttles without stopping, which led to a twenty-fold increase in productivity.

Related Concepts:

  • Describe the key features and impact of Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G.: Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G, was a fully automatic, high-speed machine that could change shuttles without stopping. This innovation significantly improved quality and increased productivity twenty-fold, making it the world's most advanced loom at the time.

The Toyoda Automatic Loom, Type G, was registered as item No. 16 in the Mechanical Engineering Heritage of Japan in 2007.

Answer: True

The Toyoda Automatic Loom, Type G, received national recognition in 2007 when it was registered as item No. 16 in the Mechanical Engineering Heritage of Japan.

Related Concepts:

  • What national recognition did the Toyoda Automatic Loom, Type G, receive in Japan?: In 2007, the Toyoda Automatic Loom, Type G, was designated as item No. 16 in the Mechanical Engineering Heritage of Japan, acknowledging its landmark contribution to the global textile industry and its foundational role in the Toyota Group's development.

In 1940, Toyota Industries' steel production department was spun off to form Aichi Steel Corporation.

Answer: True

In 1940, Toyota Industries' steel production department was indeed spun off to form Toyota Steel Works Ltd., which is now known as Aichi Steel Corporation.

Related Concepts:

  • What key spin-offs and operational developments characterized Toyota Industries in the 1940s?: In 1940, Toyota Industries' steel production department became Toyota Steel Works Ltd. (now Aichi Steel Corporation). The Obu plant for castings began operations in 1944, and by 1949, Toyota Industries' stock was listed on the Tokyo, Osaka, and Nagoya Stock Exchanges.

Toyota Industries introduced its first lift truck, the Model LA 1-ton lift truck, in 1952.

Answer: False

Toyota Industries introduced its first lift truck, the Model LA 1-ton lift truck, in 1956, not 1952.

Related Concepts:

  • What new product lines and manufacturing initiatives did Toyota Industries undertake in the 1950s?: During the 1950s, Toyota Industries diversified into press dies for automobiles (1952), automobile assembly and engine production at the Kyowa plant (1953), and introduced its first lift truck, the Model LA 1-ton (1956). It also began producing D-type diesel engines and the Model LAT .85-ton towing tractor (1957), and P-type gasoline engines (1959).

Who founded Toyota Industries Corporation and on what date?

Answer: Sakichi Toyoda on November 18, 1926

Toyota Industries Corporation was founded by Sakichi Toyoda on November 18, 1926.

Related Concepts:

  • When and by whom was Toyota Industries Corporation founded, and what was its founder known for?: Toyota Industries Corporation was founded on November 18, 1926, by Sakichi Toyoda, an inventor renowned for his innovations in manual and machine-powered looms.

What was the original name of Toyota Industries Corporation when it was founded in 1926?

Answer: Toyoda Automatic Loom Works, Ltd.

Upon its founding in 1926, the company's original name was Toyoda Automatic Loom Works, Ltd.

Related Concepts:

  • What was the original corporate name of Toyota Industries Corporation upon its founding in 1926?: The company's original name, established on November 18, 1926, was Toyoda Automatic Loom Works, Ltd.

What was a key feature of Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G?

Answer: It could change shuttles without stopping.

A key innovation of Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G, was its ability to change shuttles without stopping, significantly enhancing productivity.

Related Concepts:

  • Describe the key features and impact of Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G.: Sakichi Toyoda's 1924 Toyoda Automatic Loom, Type G, was a fully automatic, high-speed machine that could change shuttles without stopping. This innovation significantly improved quality and increased productivity twenty-fold, making it the world's most advanced loom at the time.

In what year was the Toyoda Automatic Loom, Type G, registered as item No. 16 in the Mechanical Engineering Heritage of Japan?

Answer: 2007

The Toyoda Automatic Loom, Type G, was registered as item No. 16 in the Mechanical Engineering Heritage of Japan in 2007.

Related Concepts:

  • What national recognition did the Toyoda Automatic Loom, Type G, receive in Japan?: In 2007, the Toyoda Automatic Loom, Type G, was designated as item No. 16 in the Mechanical Engineering Heritage of Japan, acknowledging its landmark contribution to the global textile industry and its foundational role in the Toyota Group's development.

Which company was formed in 1940 as a spin-off of Toyota Industries' steel production department?

Answer: Aichi Steel Corporation

In 1940, Toyota Industries' steel production department was spun off to form Toyota Steel Works Ltd., which is now known as Aichi Steel Corporation.

Related Concepts:

  • What key spin-offs and operational developments characterized Toyota Industries in the 1940s?: In 1940, Toyota Industries' steel production department became Toyota Steel Works Ltd. (now Aichi Steel Corporation). The Obu plant for castings began operations in 1944, and by 1949, Toyota Industries' stock was listed on the Tokyo, Osaka, and Nagoya Stock Exchanges.

When did Toyota Industries introduce its first lift truck, the Model LA 1-ton lift truck?

Answer: 1956

Toyota Industries introduced its first lift truck, the Model LA 1-ton lift truck, in 1956.

Related Concepts:

  • What new product lines and manufacturing initiatives did Toyota Industries undertake in the 1950s?: During the 1950s, Toyota Industries diversified into press dies for automobiles (1952), automobile assembly and engine production at the Kyowa plant (1953), and introduced its first lift truck, the Model LA 1-ton (1956). It also began producing D-type diesel engines and the Model LAT .85-ton towing tractor (1957), and P-type gasoline engines (1959).

Expansion and Automotive Integration (1960-1999)

In 1960, the Kyowa plant was modified to exclusively assemble automobiles.

Answer: False

In 1960, the Kyowa plant was modified to exclusively assemble lift trucks, not automobiles.

Related Concepts:

  • What modifications were made to the Kyowa plant in the 1960s, and what new products were subsequently introduced?: In 1960, the Kyowa plant was reconfigured to exclusively assemble lift trucks. Concurrently, Toyota Industries commenced production of shovel loaders and three-cylinder crankshaft type compressors.

Toyota Industries' Development Laboratories and Toyota Central Research were established in the 1960s and funded by all companies within the Toyota Group.

Answer: False

Toyota Industries' Development Laboratories and Toyota Central Research were established in 1960 and funded by ten companies from the Toyota Group, not all companies within the group.

Related Concepts:

  • What research and development initiatives were established within the Toyota Group during the 1960s?: In 1960, Toyota Industries' Development Laboratories and Toyota Central Research were established, funded by ten companies from the Toyota Group to foster collective research and development.

Japan's Ministry of International Trade and Industry recognized Toyota Industries as one of the first Japanese companies to export in 1964.

Answer: True

In 1964, Toyota Industries was indeed recognized by Japan's Ministry of International Trade and Industry as one of the pioneering Japanese companies in export.

Related Concepts:

  • What international recognition did Toyota Industries receive in the 1960s, and what automotive production milestone was achieved?: In 1964, Japan's Ministry of International Trade and Industry recognized Toyota Industries as an early Japanese exporter. By 1967, the Nagakusa plant began producing the Toyota Publica, reaching over 1,000 units monthly.

Toyota Industries began assembling the Corolla in 1971 and reached an output of 3,000 units by 1973.

Answer: True

Toyota Industries commenced Corolla assembly in 1971, and by 1973, its production output reached 3,000 units.

Related Concepts:

  • What automotive production milestones did Toyota Industries achieve during the 1970s?: In the 1970s, Toyota Industries began Corolla assembly in 1971, reaching 3,000 units by 1973, and commenced car air-conditioning compressor production in 1974.

In 1986, Toyota Industries received the Deming Application prize for its advancements in automated manufacturing.

Answer: False

Toyota Industries received the Deming Application prize in 1986 for its successful implementation of quality control, not specifically for advancements in automated manufacturing.

Related Concepts:

  • What significant organizational developments and recognitions did Toyota Industries experience in the 1980s?: The 1980s saw Toyota Industries begin JA air production (1980), separate its engine and vehicle divisions (1984), receive the Deming Application prize for quality control (1986), and establish Toyota Industrial Equipment in Indiana, US (1988).

Toyota Industries established an Environmental Committee in 1991, the same year it reached a production landmark of 5 million units.

Answer: False

Toyota Industries reached the 5 million units production landmark in 1991, but the Environmental Committee was established in 1992, not the same year.

Related Concepts:

  • What major production milestone and environmental initiative did Toyota Industries achieve in the 1990s?: In 1991, Toyota Industries achieved a production landmark of 5 million units. The following year, 1992, it established an Environmental Committee, signaling its commitment to environmental stewardship.

The Kyowa plant began assembling automobiles and producing engines in 1953, and by 1960, it exclusively assembled lift trucks.

Answer: True

The Kyowa plant began assembling automobiles and producing engines in 1953. By 1960, it was indeed modified to exclusively assemble lift trucks, marking a shift in its primary manufacturing focus.

Related Concepts:

  • What modifications were made to the Kyowa plant in the 1960s, and what new products were subsequently introduced?: In 1960, the Kyowa plant was reconfigured to exclusively assemble lift trucks. Concurrently, Toyota Industries commenced production of shovel loaders and three-cylinder crankshaft type compressors.
  • What new product lines and manufacturing initiatives did Toyota Industries undertake in the 1950s?: During the 1950s, Toyota Industries diversified into press dies for automobiles (1952), automobile assembly and engine production at the Kyowa plant (1953), and introduced its first lift truck, the Model LA 1-ton (1956). It also began producing D-type diesel engines and the Model LAT .85-ton towing tractor (1957), and P-type gasoline engines (1959).

What was the primary change made to the Kyowa plant in 1960?

Answer: It was modified to exclusively assemble lift trucks.

In 1960, the Kyowa plant was primarily modified to exclusively assemble lift trucks, shifting its manufacturing focus.

Related Concepts:

  • What modifications were made to the Kyowa plant in the 1960s, and what new products were subsequently introduced?: In 1960, the Kyowa plant was reconfigured to exclusively assemble lift trucks. Concurrently, Toyota Industries commenced production of shovel loaders and three-cylinder crankshaft type compressors.

How many companies from the Toyota Group funded the establishment of Toyota Industries' Development Laboratories and Toyota Central Research in 1960?

Answer: Ten

Toyota Industries' Development Laboratories and Toyota Central Research, established in 1960, were funded by ten companies from the Toyota Group.

Related Concepts:

  • What research and development initiatives were established within the Toyota Group during the 1960s?: In 1960, Toyota Industries' Development Laboratories and Toyota Central Research were established, funded by ten companies from the Toyota Group to foster collective research and development.

In what year did Japan's Ministry of International Trade and Industry recognize Toyota Industries as one of the first Japanese companies to export?

Answer: 1964

Japan's Ministry of International Trade and Industry recognized Toyota Industries as one of the first Japanese companies to export in 1964.

Related Concepts:

  • What international recognition did Toyota Industries receive in the 1960s, and what automotive production milestone was achieved?: In 1964, Japan's Ministry of International Trade and Industry recognized Toyota Industries as an early Japanese exporter. By 1967, the Nagakusa plant began producing the Toyota Publica, reaching over 1,000 units monthly.

When did Toyota Industries begin assembling the Corolla?

Answer: 1971

Toyota Industries began assembling the Corolla in 1971.

Related Concepts:

  • What automotive production milestones did Toyota Industries achieve during the 1970s?: In the 1970s, Toyota Industries began Corolla assembly in 1971, reaching 3,000 units by 1973, and commenced car air-conditioning compressor production in 1974.

For what achievement did Toyota Industries receive the Deming Application prize in 1986?

Answer: Successful implementation of quality control

In 1986, Toyota Industries received the Deming Application prize for its successful implementation of quality control.

Related Concepts:

  • What significant organizational developments and recognitions did Toyota Industries experience in the 1980s?: The 1980s saw Toyota Industries begin JA air production (1980), separate its engine and vehicle divisions (1984), receive the Deming Application prize for quality control (1986), and establish Toyota Industrial Equipment in Indiana, US (1988).

What significant environmental initiative did Toyota Industries undertake in 1992?

Answer: Established an Environmental Committee.

In 1992, Toyota Industries established an Environmental Committee, demonstrating its commitment to environmental stewardship.

Related Concepts:

  • What major production milestone and environmental initiative did Toyota Industries achieve in the 1990s?: In 1991, Toyota Industries achieved a production landmark of 5 million units. The following year, 1992, it established an Environmental Committee, signaling its commitment to environmental stewardship.

Global Materials Handling & Automation (2000-Present)

Toyota Industries Corporation is recognized as the world's largest manufacturer of forklift trucks based on revenue.

Answer: True

Toyota Industries Corporation is indeed recognized as the world's largest manufacturer of forklift trucks when measured by revenue, a position solidified by strategic acquisitions such as BT Industries.

Related Concepts:

  • What is Toyota Industries Corporation's global significance, particularly in the context of forklift manufacturing and its relationship with Toyota Motor Corporation?: Toyota Industries Corporation, a Japanese machine maker, originated from automatic loom manufacturing. It is the progenitor of Toyota Motor Corporation and is currently the world's largest manufacturer of forklift trucks by revenue.
  • What major acquisition did Toyota Industries complete in the materials handling sector in 2000, and what was its strategic outcome?: In 2000, Toyota Industries acquired Swedish-based BT Industries, including The Raymond Corporation and CESAB. This acquisition, combined with existing operations, formed Toyota Material Handling Corporation, the world's largest forklift company.

Toyota-branded forklifts for the US market are manufactured at the Toyota Material Handling Inc. (TMH) facility in Columbus, Ohio.

Answer: False

Toyota-branded forklifts for the U.S. market are manufactured at the Toyota Material Handling Inc. (TMH) facility in Columbus, Indiana, not Ohio.

Related Concepts:

  • Where are Toyota-branded forklifts for the U.S. market manufactured?: Toyota-branded forklifts for the U.S. market are manufactured at the Toyota Material Handling Inc. (TMH) facility in Columbus, Indiana, formerly known as Toyota Industrial Equipment Manufacturing (TIEM).

Toyota Material Handling Inc. (TMH) was formed in 2018 by merging Toyota Material Handling USA (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM).

Answer: True

Toyota Material Handling Inc. (TMH) was indeed formed in 2018 through the merger of Toyota Material Handling USA (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM), consolidating their sales and manufacturing functions.

Related Concepts:

  • Describe the formation of Toyota Material Handling Inc. (TMH) in North America.: Toyota Material Handling Inc. (TMH) was established in 2018 by merging Toyota Material Handling USA (TMHU), responsible for dealer and sales operations, and Toyota Industrial Equipment Manufacturing (TIEM), focused on engineering and manufacturing. This consolidated their sales and manufacturing functions.

The acquisition of BT Industries in 2000, including The Raymond Corporation, led to the creation of the world's largest forklift company.

Answer: True

The acquisition of BT Industries in 2000, which included The Raymond Corporation, was a pivotal event that resulted in the formation of Toyota Material Handling Corporation, becoming the world's largest forklift company.

Related Concepts:

  • What major acquisition did Toyota Industries complete in the materials handling sector in 2000, and what was its strategic outcome?: In 2000, Toyota Industries acquired Swedish-based BT Industries, including The Raymond Corporation and CESAB. This acquisition, combined with existing operations, formed Toyota Material Handling Corporation, the world's largest forklift company.

In 2012, Toyota Industries acquired Cascade Corp. for $728 million, a company specializing in automated material handling equipment for airports.

Answer: False

Toyota Industries acquired Cascade Corp. in 2012 for $728 million, but Cascade specializes in manufacturing attachments for forklifts, not automated material handling equipment for airports. Vanderlande, acquired in 2017, specializes in airport systems.

Related Concepts:

  • Which company did Toyota Industries acquire in October 2012, and what was its specialization?: In October 2012, Toyota Industries acquired Cascade Corp. for $728 million. Cascade specializes in manufacturing attachments for forklifts.
  • Which manufacturer of automated material handling equipment, primarily serving airports, was acquired by Toyota Industries in 2017?: In 2017, Toyota Industries acquired Vanderlande, a manufacturer specializing in automated material handling equipment, particularly for airport systems.

T-Hive was formed in 2021 as TICO's solution for autonomous vehicle (AV) software solutions, focusing on automating logistics.

Answer: True

T-Hive was indeed formed in 2021 by Toyota Industries as its dedicated group for autonomous vehicle (AV) software solutions, with a focus on automating logistics across various facilities.

Related Concepts:

  • What is the strategic objective behind the formation of T-Hive by Toyota Industries in 2021?: In 2021, Toyota Industries established T-Hive as its autonomous vehicle (AV) software solution group. T-Hive focuses on automating logistics in warehouses, manufacturing facilities, and airports using AV technology.

Where are Toyota-branded forklifts for the US market manufactured?

Answer: Columbus, Indiana, USA

Toyota-branded forklifts for the U.S. market are manufactured at the Toyota Material Handling Inc. (TMH) facility in Columbus, Indiana.

Related Concepts:

  • Where are Toyota-branded forklifts for the U.S. market manufactured?: Toyota-branded forklifts for the U.S. market are manufactured at the Toyota Material Handling Inc. (TMH) facility in Columbus, Indiana, formerly known as Toyota Industrial Equipment Manufacturing (TIEM).

Toyota Material Handling Inc. (TMH) was formed in 2018 through the merger of which two previously separate divisions?

Answer: Toyota Material Handling USA (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM)

Toyota Material Handling Inc. (TMH) was formed in 2018 by merging Toyota Material Handling USA (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM, consolidating their sales and manufacturing operations.

Related Concepts:

  • Describe the formation of Toyota Material Handling Inc. (TMH) in North America.: Toyota Material Handling Inc. (TMH) was established in 2018 by merging Toyota Material Handling USA (TMHU), responsible for dealer and sales operations, and Toyota Industrial Equipment Manufacturing (TIEM), focused on engineering and manufacturing. This consolidated their sales and manufacturing functions.

What was the outcome of Toyota Industries' acquisition of the Swedish-based forklift truck corporation BT Industries in 2000?

Answer: It resulted in the creation of the world's largest forklift company.

The acquisition of BT Industries in 2000 was a strategic move that, combined with existing operations, led to the formation of Toyota Material Handling Corporation, establishing it as the world's largest forklift company.

Related Concepts:

  • What major acquisition did Toyota Industries complete in the materials handling sector in 2000, and what was its strategic outcome?: In 2000, Toyota Industries acquired Swedish-based BT Industries, including The Raymond Corporation and CESAB. This acquisition, combined with existing operations, formed Toyota Material Handling Corporation, the world's largest forklift company.

What type of company did Toyota Industries acquire in October 2012 for $728 million?

Answer: A company specializing in the manufacturing of attachments for forklifts.

In October 2012, Toyota Industries acquired Cascade Corp. for $728 million, a company known for manufacturing attachments for forklifts.

Related Concepts:

  • Which company did Toyota Industries acquire in October 2012, and what was its specialization?: In October 2012, Toyota Industries acquired Cascade Corp. for $728 million. Cascade specializes in manufacturing attachments for forklifts.

Which manufacturer of automated material handling equipment, primarily for airports, did Toyota Industries acquire in 2017?

Answer: Vanderlande

In 2017, Toyota Industries acquired Vanderlande, a manufacturer specializing in automated material handling equipment, with a significant focus on airport systems.

Related Concepts:

  • Which manufacturer of automated material handling equipment, primarily serving airports, was acquired by Toyota Industries in 2017?: In 2017, Toyota Industries acquired Vanderlande, a manufacturer specializing in automated material handling equipment, particularly for airport systems.

What is the primary focus of T-Hive, formed by Toyota Industries in 2021?

Answer: Providing autonomous vehicle (AV) software solutions for logistics automation.

T-Hive, established by Toyota Industries in 2021, is primarily focused on developing autonomous vehicle (AV) software solutions to automate logistics processes.

Related Concepts:

  • What is the strategic objective behind the formation of T-Hive by Toyota Industries in 2021?: In 2021, Toyota Industries established T-Hive as its autonomous vehicle (AV) software solution group. T-Hive focuses on automating logistics in warehouses, manufacturing facilities, and airports using AV technology.

Which company, specializing in intralogistics systems and software, did Toyota Industries acquire in 2022?

Answer: viastore

In 2022, Toyota Industries acquired viastore, a company specializing in comprehensive intralogistics systems, software, and related services.

Related Concepts:

  • Which intralogistics systems specialist did Toyota Industries acquire in 2022?: In 2022, Toyota Industries acquired viastore, a comprehensive provider of intralogistics systems, software, and supporting services.

Corporate Overview and Financials

Toyota Industries Corporation's Romanized native name, Kabushiki gaisha Toyota Jidō Shokki, translates to 'Stock Company Toyota Automatic Loom' in English.

Answer: True

The Romanized native name, Kabushiki gaisha Toyota Jidō Shokki, directly translates to 'Stock Company Toyota Automatic Loom' in English, reflecting the company's origins in loom manufacturing.

Related Concepts:

  • What is the native and Romanized name of Toyota Industries Corporation, and its English translation?: Toyota Industries Corporation's native name is 株式会社豊田自動織機, Romanized as Kabushiki gaisha Toyota Jidō Shokki. This translates to 'Stock Company Toyota Automatic Loom' in English.

Toyota Industries Corporation is headquartered in Tokyo, Japan, and its shares are traded on the Tokyo and Osaka Stock Exchanges.

Answer: False

Toyota Industries Corporation is headquartered in Kariya, Aichi, Japan, not Tokyo. Its shares are traded on the Tokyo and Nagoya Stock Exchanges, not Osaka.

Related Concepts:

  • What is the corporate classification of Toyota Industries Corporation, and on which stock exchanges are its shares traded?: Toyota Industries Corporation is a public Kabushiki gaisha, a Japanese stock company. Its shares are traded on the Tokyo Stock Exchange (TYO: 6201) and the Nagoya Stock Exchange (NAG: 6201).
  • What is the headquarters location of Toyota Industries Corporation?: Toyota Industries Corporation is headquartered in Kariya, Aichi, Japan.

As of March 31, 2019, Toyota Industries Corporation reported total assets exceeding ¥5 trillion.

Answer: True

As of March 31, 2019, Toyota Industries Corporation's total assets were reported at ¥5,261,174 million, which indeed exceeds ¥5 trillion.

Related Concepts:

  • What were Toyota Industries Corporation's key financial metrics, including revenue, operating income, net income, and total assets, as of March 31, 2019?: As of March 31, 2019, Toyota Industries Corporation reported revenue of ¥2,214,946 million, operating income of ¥134,684 million, net income of ¥159,778 million, and total assets of ¥5,261,174 million.

Toyota Motor Corporation is the sole primary owner of Toyota Industries Corporation, holding over 50% of its shares.

Answer: False

Toyota Motor Corporation holds 24.92% of Toyota Industries' common stock, not over 50%, and other entities like the Toyota Group and Denso are also primary owners, meaning Toyota Motor is not the sole primary owner.

Related Concepts:

  • Who are the major shareholders of Toyota Industries Corporation?: Major shareholders of Toyota Industries Corporation include Toyota Motor Corporation (23.51% of shares), the broader Toyota Group, and Denso (9% ownership).
  • Describe the reciprocal shareholding relationship between Toyota Industries and Toyota Motor Corporation.: Toyota Industries, a core Toyota Group company, holds 8.48% of Toyota Motor, making it Toyota Motor's largest shareholder (excluding trust revolving funds). Conversely, Toyota Motor holds 24.92% of Toyota Industries' common stock, a strategic measure against hostile takeovers.

Toyota Industries Corporation had approximately 64,000 employees in 2019.

Answer: True

In 2019, Toyota Industries Corporation reported a total of 64,641 employees, which is approximately 64,000.

Related Concepts:

  • What was the total number of employees at Toyota Industries Corporation in 2019?: Toyota Industries Corporation employed 64,641 individuals in 2019.

The stock symbol for Toyota Industries on the Tokyo Stock Exchange is TYO: 6201, and on the Nagoya Stock Exchange, it is NAG: 6201.

Answer: True

The stock symbols for Toyota Industries are correctly identified as TYO: 6201 on the Tokyo Stock Exchange and NAG: 6201 on the Nagoya Stock Exchange.

Related Concepts:

  • What is the corporate classification of Toyota Industries Corporation, and on which stock exchanges are its shares traded?: Toyota Industries Corporation is a public Kabushiki gaisha, a Japanese stock company. Its shares are traded on the Tokyo Stock Exchange (TYO: 6201) and the Nagoya Stock Exchange (NAG: 6201).

Shigeki Terashi serves as the President of Toyota Industries Corporation, while Koichi Ito holds the position of Chairman.

Answer: False

The roles are reversed: Shigeki Terashi serves as the Chairman, and Koichi Ito holds the position of President at Toyota Industries Corporation.

Related Concepts:

  • Who holds the positions of Chairman and President at Toyota Industries Corporation?: Shigeki Terashi serves as the Chairman of Toyota Industries Corporation, while Koichi Ito holds the position of President.

What is the English translation of Toyota Industries Corporation's Romanized native name, Kabushiki gaisha Toyota Jidō Shokki?

Answer: Stock Company Toyota Automatic Loom

The Romanized native name, Kabushiki gaisha Toyota Jidō Shokki, translates directly to 'Stock Company Toyota Automatic Loom' in English.

Related Concepts:

  • What is the native and Romanized name of Toyota Industries Corporation, and its English translation?: Toyota Industries Corporation's native name is 株式会社豊田自動織機, Romanized as Kabushiki gaisha Toyota Jidō Shokki. This translates to 'Stock Company Toyota Automatic Loom' in English.

Where are Toyota Industries Corporation's headquarters located?

Answer: Kariya, Aichi, Japan

Toyota Industries Corporation's headquarters are located in Kariya, Aichi, Japan.

Related Concepts:

  • What is the headquarters location of Toyota Industries Corporation?: Toyota Industries Corporation is headquartered in Kariya, Aichi, Japan.

As of March 31, 2019, what was Toyota Industries Corporation's reported net income?

Answer: ¥159,778 million

As of March 31, 2019, Toyota Industries Corporation reported a net income of ¥159,778 million.

Related Concepts:

  • What were Toyota Industries Corporation's key financial metrics, including revenue, operating income, net income, and total assets, as of March 31, 2019?: As of March 31, 2019, Toyota Industries Corporation reported revenue of ¥2,214,946 million, operating income of ¥134,684 million, net income of ¥159,778 million, and total assets of ¥5,261,174 million.

Which company holds the largest percentage of shares in Toyota Industries Corporation among the listed primary owners?

Answer: Toyota Motor Corporation

Toyota Motor Corporation holds 24.92% of Toyota Industries' common stock, making it the largest shareholder among the listed primary owners.

Related Concepts:

  • Who are the major shareholders of Toyota Industries Corporation?: Major shareholders of Toyota Industries Corporation include Toyota Motor Corporation (23.51% of shares), the broader Toyota Group, and Denso (9% ownership).
  • Describe the reciprocal shareholding relationship between Toyota Industries and Toyota Motor Corporation.: Toyota Industries, a core Toyota Group company, holds 8.48% of Toyota Motor, making it Toyota Motor's largest shareholder (excluding trust revolving funds). Conversely, Toyota Motor holds 24.92% of Toyota Industries' common stock, a strategic measure against hostile takeovers.

What is the shareholding percentage of Toyota Motor Corporation in Toyota Industries' common stock?

Answer: 24.92%

Toyota Motor Corporation holds 24.92% of Toyota Industries' common stock, a strategic holding to prevent hostile takeovers.

Related Concepts:

  • Describe the reciprocal shareholding relationship between Toyota Industries and Toyota Motor Corporation.: Toyota Industries, a core Toyota Group company, holds 8.48% of Toyota Motor, making it Toyota Motor's largest shareholder (excluding trust revolving funds). Conversely, Toyota Motor holds 24.92% of Toyota Industries' common stock, a strategic measure against hostile takeovers.

What is the stock symbol for Toyota Industries on the Tokyo Stock Exchange, as specified in the source?

Answer: 6201.T

The stock symbol for Toyota Industries on the Tokyo Stock Exchange is 6201.T.

Related Concepts:

  • What is the Tokyo Stock Exchange symbol for Toyota Industries Corporation?: Toyota Industries Corporation's shares are traded on the Tokyo Stock Exchange under the symbol 6201.T.

Who holds the position of Chairman at Toyota Industries Corporation, according to the provided information?

Answer: Shigeki Terashi

According to the provided information, Shigeki Terashi holds the position of Chairman at Toyota Industries Corporation.

Related Concepts:

  • Who holds the positions of Chairman and President at Toyota Industries Corporation?: Shigeki Terashi serves as the Chairman of Toyota Industries Corporation, while Koichi Ito holds the position of President.

Core Business Areas and Products

The five main business areas of Toyota Industries include automotive, materials handling, and aerospace.

Answer: False

The five main business areas of Toyota Industries are automotive, materials handling, electronics, logistics, and textile machinery. Aerospace is not listed as one of its primary business areas.

Related Concepts:

  • Identify the five primary business areas in which Toyota Industries currently operates.: Toyota Industries operates in five primary business areas: automotive, materials handling, electronics, logistics, and textile machinery.

Toyota Industries Corporation manufactures engines for several Toyota-branded automobiles, including the RAV4 and Land Cruiser.

Answer: True

Toyota Industries Corporation manufactures automotive engines for various Toyota models, including the RAV4, Avensis, Corolla, Crown, and Land Cruiser.

Related Concepts:

  • For which Toyota-branded automobiles does Toyota Industries Corporation produce engines?: Toyota Industries Corporation manufactures automotive engines for Toyota models such as the RAV4, Avensis, Corolla, Crown, and Land Cruiser.

The JAT910 air jet loom, manufactured by Toyota Industries in 2024, is limited to weaving synthetic fibers due to its propulsion method.

Answer: False

The JAT910 air jet loom is compatible with any type of fiber because it uses air propulsion. It is the LWT810 water jet loom that is limited to synthetic fibers due to its water propulsion method.

Related Concepts:

  • Describe the operational differences and fiber compatibility of Toyota Industries' 2024 JAT910 air jet loom and LWT810 water jet loom.: In 2024, Toyota Industries produces the JAT910 air jet loom and the LWT810 water jet loom, both shuttleless. The LWT810 uses water propulsion, limiting it to synthetic fibers, while the JAT910 uses air, allowing compatibility with any fiber type.

Which of the following is NOT one of the main products manufactured by Toyota Industries Corporation?

Answer: Aerospace components

Toyota Industries Corporation primarily manufactures textile machinery, materials handling equipment, and electronics devices. Aerospace components are not listed among its main products.

Related Concepts:

  • What are the primary product categories manufactured by Toyota Industries Corporation?: Toyota Industries Corporation's primary manufacturing includes textile machinery, materials handling equipment, and electronics devices.

Which of the following is one of the five main business areas in which Toyota Industries is currently active?

Answer: Logistics

Logistics is one of the five main business areas in which Toyota Industries is currently active, alongside automotive, materials handling, electronics, and textile machinery.

Related Concepts:

  • Identify the five primary business areas in which Toyota Industries currently operates.: Toyota Industries operates in five primary business areas: automotive, materials handling, electronics, logistics, and textile machinery.

For which of the following Toyota-branded automobiles does Toyota Industries Corporation manufacture engines?

Answer: Corolla

Toyota Industries Corporation manufactures engines for the Toyota Corolla, among other Toyota-branded automobiles like the RAV4, Avensis, Crown, and Land Cruiser.

Related Concepts:

  • For which Toyota-branded automobiles does Toyota Industries Corporation produce engines?: Toyota Industries Corporation manufactures automotive engines for Toyota models such as the RAV4, Avensis, Corolla, Crown, and Land Cruiser.

What is the key difference between the JAT910 air jet loom and the LWT810 water jet loom manufactured by Toyota Industries in 2024 regarding fiber compatibility?

Answer: The JAT910 can use any type of fiber, while the LWT810 is limited to synthetic fibers.

The JAT910 air jet loom is versatile and compatible with any fiber type, whereas the LWT810 water jet loom is restricted to synthetic fibers due to its water propulsion method.

Related Concepts:

  • Describe the operational differences and fiber compatibility of Toyota Industries' 2024 JAT910 air jet loom and LWT810 water jet loom.: In 2024, Toyota Industries produces the JAT910 air jet loom and the LWT810 water jet loom, both shuttleless. The LWT810 uses water propulsion, limiting it to synthetic fibers, while the JAT910 uses air, allowing compatibility with any fiber type.

Toyota Group Affiliations

Toyota Motor Corporation was spun off from Toyota Industries in 1933, led by Sakichi Toyoda's son, Kiichiro Toyoda.

Answer: False

While the automobile department was established in 1933 and led by Kiichiro Toyoda, Toyota Motor Corporation was formally spun off in 1937, not 1933.

Related Concepts:

  • Explain the genesis of Toyota Motor Corporation from Toyota Industries.: Toyota Industries established an automobile department in 1933, led by Sakichi Toyoda's eldest son, Kiichiro Toyoda. This department was spun off in 1937 to form Toyota Motor Co., Ltd., now known as Toyota Motor Corporation.

Toyota Industries holds a larger share of Toyota Motor Corporation than Toyota Motor Corporation holds of Toyota Industries.

Answer: False

Toyota Motor Corporation holds a larger share (24.92%) of Toyota Industries' common stock than Toyota Industries holds of Toyota Motor (8.48%).

Related Concepts:

  • Describe the reciprocal shareholding relationship between Toyota Industries and Toyota Motor Corporation.: Toyota Industries, a core Toyota Group company, holds 8.48% of Toyota Motor, making it Toyota Motor's largest shareholder (excluding trust revolving funds). Conversely, Toyota Motor holds 24.92% of Toyota Industries' common stock, a strategic measure against hostile takeovers.

Toyota Industries SC is a football club, while Toyota Industries Shuttles Aichi is a rugby union club, both mentioned as related entities.

Answer: True

The information provided confirms that Toyota Industries SC is a football club and Toyota Industries Shuttles Aichi is a rugby union club, both listed as related entities.

Related Concepts:

  • Identify some of the related entities or subsidiaries of Toyota Industries mentioned in the 'See also' section.: Related entities and subsidiaries include ST Liquid Crystal Display, Toyota Industries SC (a football club), Toyota Industries Shuttles Aichi (a rugby union club), and Toyota Industries Shining Vega (a Japanese women's softball team).

Toyota Auto Body and Toyota Motor East Japan are listed as current subcontracting subsidiaries for Toyota's vehicle assembly in Japan.

Answer: True

Toyota Auto Body and Toyota Motor East Japan are indeed listed as current subcontracting subsidiaries involved in Toyota's vehicle assembly operations in Japan.

Related Concepts:

  • Which companies are currently listed as Toyota's subcontracting subsidiaries for vehicle assembly in Japan?: Toyota's current subcontracting subsidiaries for vehicle assembly in Japan include Toyota Auto Body (encompassing Gifu Auto Body), Toyota Motor East Japan, and Toyota Motor Kyushu.

Araco and Central Motors are current subcontracting subsidiaries for Toyota's vehicle assembly in Japan.

Answer: False

Araco and Central Motors are listed as former subcontracting subsidiaries for Toyota's vehicle assembly in Japan, having merged into other entities, not current ones.

Related Concepts:

  • Which companies are identified as former subcontracting subsidiaries for Toyota's vehicle assembly in Japan?: Former subcontracting subsidiaries for Toyota's vehicle assembly in Japan include Araco (merged into Toyota Auto Body), and Central Motors and Kanto Auto Works (both merged into Toyota Motor East Japan).

Daihatsu and Hino Motors are also related to Toyota in the context of vehicle assembly in Japan.

Answer: True

Daihatsu and Hino Motors are indeed mentioned as companies related to Toyota within the context of vehicle assembly in Japan.

Related Concepts:

  • Beyond Toyota Industries, what other companies are related to Toyota in Japanese vehicle assembly, according to the provided information?: Other companies related to Toyota in Japanese vehicle assembly include Daihatsu and Hino Motors, in addition to Toyota Industries itself.

How did Toyota Motor Corporation initially originate from Toyota Industries?

Answer: Toyota Industries established an automobile department in 1933, which was spun off in 1937.

Toyota Motor Corporation originated when Toyota Industries established an automobile department in 1933, which was subsequently spun off as a separate company in 1937.

Related Concepts:

  • Explain the genesis of Toyota Motor Corporation from Toyota Industries.: Toyota Industries established an automobile department in 1933, led by Sakichi Toyoda's eldest son, Kiichiro Toyoda. This department was spun off in 1937 to form Toyota Motor Co., Ltd., now known as Toyota Motor Corporation.

Which of the following is a rugby union club mentioned as a related entity of Toyota Industries?

Answer: Toyota Industries Shuttles Aichi

Toyota Industries Shuttles Aichi is explicitly mentioned as a rugby union club related to Toyota Industries.

Related Concepts:

  • Identify some of the related entities or subsidiaries of Toyota Industries mentioned in the 'See also' section.: Related entities and subsidiaries include ST Liquid Crystal Display, Toyota Industries SC (a football club), Toyota Industries Shuttles Aichi (a rugby union club), and Toyota Industries Shining Vega (a Japanese women's softball team).

Which of these companies is listed as a *current* subcontracting subsidiary for Toyota's vehicle assembly in Japan?

Answer: Toyota Motor East Japan

Toyota Motor East Japan is listed as a current subcontracting subsidiary for Toyota's vehicle assembly in Japan, while Araco, Central Motors, and Kanto Auto Works are former subsidiaries.

Related Concepts:

  • Which companies are currently listed as Toyota's subcontracting subsidiaries for vehicle assembly in Japan?: Toyota's current subcontracting subsidiaries for vehicle assembly in Japan include Toyota Auto Body (encompassing Gifu Auto Body), Toyota Motor East Japan, and Toyota Motor Kyushu.

Which of the following companies is mentioned as *formerly* being a subcontracting subsidiary for Toyota's vehicle assembly in Japan?

Answer: Araco

Araco is listed as a former subcontracting subsidiary for Toyota's vehicle assembly in Japan, having later merged into Toyota Auto Body.

Related Concepts:

  • Which companies are identified as former subcontracting subsidiaries for Toyota's vehicle assembly in Japan?: Former subcontracting subsidiaries for Toyota's vehicle assembly in Japan include Araco (merged into Toyota Auto Body), and Central Motors and Kanto Auto Works (both merged into Toyota Motor East Japan).

Besides Toyota Industries itself, which other company is related to Toyota in the context of vehicle assembly in Japan, according to the provided information?

Answer: Daihatsu

Daihatsu is mentioned as a company related to Toyota in the context of vehicle assembly in Japan, alongside Hino Motors.

Related Concepts:

  • Beyond Toyota Industries, what other companies are related to Toyota in Japanese vehicle assembly, according to the provided information?: Other companies related to Toyota in Japanese vehicle assembly include Daihatsu and Hino Motors, in addition to Toyota Industries itself.

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