Toyoda Gosei reported sales revenue of 951.87 billion yen ($7.05 billion), up 14.7% year-on-year, operating profit of 35.06 billion yen, up 2.6%, and net profit of 16 billion yen, down 31.5% in the fiscal year ended March 31, 2023 (IFRS). The factors contributing to the increase in operating income were rationalization of 17.5 billion yen, foreign exchange of 7.1 billion...
Toyoda Gosei, a member of the Toyota Group, has donated goods to welfare facilities in the vicinity of its plants, using the reserve fund from the special menu (Heartfull Menu) in the company cafeteria. Since fiscal 2010, the company has been offering the Heartfull Menu in its cafeteria as a social contribution activity in which employees can easily participate. This...
Toyoda Gosei held a Carbon Neutrality Promotion Meeting Toward 2030 with the participation of about 100 suppliers to support the promotion of carbon reduction activities at suppliers. Based on an open and equal relationship between the company and its suppliers, the companies are working to strengthen each other’s corporate structure through collaboration in product development, human resource development, and reduction...
Toyoda Gosei, a member of the Toyota Group, has launched a large high-pressure hydrogen tank for fuel cell trucks that run on hydrogen, a market for which demand is expected to grow. The tanks are being used in the mass-market fuel cell light-duty trucks that Commercial Japan Partnership Technologies (CJPT), in which Toyota Motor, Isuzu Motors, and other companies have...
Toyoda Gosei has revealed its cumulative business results for the first three quarters of fiscal 2022, showing a year-in-year drop in Japanese performance but an improvement in multiple overseas markets. The company’s revenue for the period came to 701.81 billion yen ($5.25 billion), up 16.9 percent year-on-year; meanwhile, its operating profit was up 24.7 percent to 23.69 billion yen, and...
Toyoda Gosei, a member of the Toyota Group, and Asics, a major sports equipment manufacturer, have launched a line of sustainable sneakers using scrap materials from airbag fabrics, which will be available from Jan. 26 at Asics’s online store and other retailers. Toyoda Gosei has been transforming difficult-to-recycle scraps of airbag fabric and genuine leather handlebars into bags, pen cases,...
