*Approx. half of MDs of the 155 subsidiaries are of African nationality
3
Our Purpose for business in Africa
Contribute to the development of the African economies
Growing with the people and communities of Africa while further reinforcing and expanding business foundations.
Actively engaging in carbon neutral business in Africa such as promoting eco-friendly cars, and providing/using clean energy
Realizing our 5 prioritized SDGs in Africa
4
Contributions for the Continent
Contribute to a faster economic
growth than the rapid growth of the
African Population
Africa
Population
Source: African development bank (data 2015)
Contribute to the industrialization
of the Continent
MobilityHealthcare
Vehicle assembly
Pharmaceutical production
Consumer
Infrastructure
Breweries
Wind, Geothermal and
Solar power generation
Contribute to the emergence of the
middle class by creating jobs &
offering affordable products
Average income per day
>$20/day
Upper
6%
Class
"Upper"
>$10/day
middle class
5%
"Lower"
>$4/day
9%
middle class
Floating class
>$2/day: 20
Population below poverty%
line
< $2/day: 60%
Source: BearingPoint based on ADB data, 2015
5
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Toyota Tsusho Corporation published this content on 04 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2022 08:45:23 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%).