Toyoda Gosei Co., Ltd. Toyoda Gosei Co., Ltd.

Philosophy・Vision

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Delivering satisfaction to customers worldwide through safety, comfort, well-being and the environment

Since the company was founded in 1949, we have contributed to society through the provision of automotive products that mainly use rubber and plastics technology under the company credo of “Boundless Creativity and Social Contribution.” Today, we have 62 Group companies in 16 countries and regions.
The automobile industry is currently facing a period of great transformation with the advances in autonomous driving and electrification. Taking this huge change as an opportunity, we are harnessing the power of all 40,000 employees working together to respond to changes in the business environment and achieve sustainable growth in the future, we aim to grow as a global company that delivers satisfaction to customers worldwide through safety, comfort and well-being and the environment.

Based on the Toyoda Gosei management philosophy, we seek to take a leading role in solving the shared global issues raised in the Sustainable Development Goals (SDGs), which is an aim of international society, and implementing the ESG (Environmental, Societal, Governance) framework. In this way we want to contribute to a sustainable society through our business activities. In 2018 we formulated the 2025 Business Plan, our mid-range business plan, with the aim of achieving sustainable growth through the resolution of social issues based on three pillars of activity: “Venture into Innovation, New Mobility,” “Strategy for growing markets/fields,” and “Innovative manufacturing at production sites.” In the future, under an appropriate governance system, we will actively respond to the expectations of all our stakeholders worldwide, including customers, shareholders, investors, employees and suppliers.

President Toru Koyama
PresidentToru Koyama
Management Philosophy 2025Business Plan:What we aspire to be・Financial Objectives・Phillars of the activities Annual Corporate Policy TG Spirit

Management Philosophy
Boundless Creativity and Social Contribution

  • 1

    We, as a good corporate citizen, contribute to the economy and society through community-based business activities and social action programs.

    Good corporate citizenship

  • 2

    We promote business operations with integrity through the establishment of a system founded on thorough compliance and corporate ethics.

    Proper business operation

  • 3

    We aim to build up the TG Group's collective strength through an open and fair relationship with suppliers, through a mutually strengthened corporate structure and innovative management response to change.

    Sustainable
    growth

  • 4

    We aim to provide products and services with satisfying quality and price in a timely manner, through forward-looking R&D and production engineering.

    Customer Satisfaction

  • 5

    We aim to conserve the global environment and resources in order to hand down a greener world to our children through every business activity, which includes cooperation with society and the development of an environment-friendly product and manufacturing process.

    Conservation of global environment and resources

  • 6

    We aim to establish a vibrant corporate culture through respect for individuality and the value of enhanced teamwork, based on shared responsibility and mutual trust between employees and management.

    Respect for the individual

Mid-Term Business Plan
(2025 Business Plan)

To deal with the significant changes in the business environment and achieve sustainable growth into the future, Toyoda Gosei’s 2025 Business Plan for the medium term lays out three key areas that take advantage of the Toyoda Gosei Group’s cultivated strengths. We are making efforts tied to materiality that will provide both social and economic value.

  • What We Aspire to Be

    Toyoda Gosei aims to grow as a global company that acts flexibly and swiftly in today’s dramatically changing business environment, delivering the highest levels of satisfaction to customers worldwide through safety, comfort, well-being and the environment

  • Financial Objectives

    FY2017
    (J-GAAP)
    Revenue ¥806.9 billion
    Operating profit ratio 5.1%
    ROE (Return on equity) 6.6%
    FY2025
    (IFRS)
    More than ¥1 trillion
    8%
    10%
  • Pillar Ⅰ

    Venture into innovation,
    new mobility

    9 産業と技術革新に基盤をつくろう
    New Technology, New Products
    • ●Commercialization in new fields utilizing core technologies
    • ●Development of new technologies and products coping with CASE
    • ●Strategies of modularization and system products
  • Pillar Ⅱ

    Strategy for growing
    markets/fields

    3 すべての人に健康と福祉を
    Current Products
    • ●Selection and concentration of business resources
    • ●Make current products more highly value-added
    • ●Business plan execution through cooperation with customers and business partners
  • Pillar Ⅲ

    Innovative
    manufacturing at
    production sites

    7 エネルギーをみんなにそしてクリーンに 13 気候変動に具体的な対策を
    Current Products
    • ●Globally standardized production know-how and processes
    • ●Further implementation of the Toyota Production System (TPS)
    • ●“Jidoka” and manpower saving utilizing IT
    • ●Reduction of environmental burden by production engineering reform

Base of the Pillars Enhancement of our business foundation

  • ●Strengthening global operations
  • ●HR development
  • ●Business activities with integrity
8 働きがいも経済成長も 10 人や国の不平等をなくそう 12 つくる責任 つかう責任 16 平和と公正をすべての人に

Financial Policy

Shareholder returns
Regarding shareholder returns for the time being, we will work wholly to reward shareholders based on a consolidated payout ratio of 30% or greater, from a variety of perspectives.
Capital investment
We will secure 50 billion yen by FY2025 as funding for capital investment for growth.
Cash reserves
In view of the prevailing circumstances, we will secure cash reserves* of consolidated monthly turnover plus 30 billion yen including funds to cover risk.
*Short-term borrowings(less than one year) are excluded.

TG Spirit

This Spirit is the attitude and way of thinking we should all hold close to our hearts as we perform the work of Toyoda Gosei, and one of the most important things for us to carry into the future. Sharing this TG Spirit throughout the entire Toyoda Gosei Group will bring us together as a single team that goes beyond differences in nationality, culture, age, or gender.
We shall each strive to uphold this TG Spirit under the banner of “One Team, One TG.”

  • 1.Customer Oriented

    Think from the customer’s perspective

    How can we help customers get what they want?

  • 2.Challenge

    Aim high, be resolute in the face of difficulties

    We will aim high, set ambitious goals and work relentlessly toward achieving them no matter what the difficulties may be.

  • 3.Ownership

    Be responsible and proactive

    Each and every TG employee is encouraged to feel a sense of ownership for the products that leave our doors.

  • 4.Continuous Kaizen

    Never be satisfied; improvement never ends

    Using the approaches of genchi-genbutsu (go and see) and genjitsu (activities based on the actual situation) and asking why five times, we will constantly strive to bring our operations and products to the next highest level.

  • 5.Respect

    Respect for individuals and their perspectives

    We will maintain respect for the individuality and perspectives of each person, be humble in our dealings with others regardless of nationality, gender, or rank, and always try to learn from each other.

  • 6.Teamwork

    Help each other, grow as a team

    We will combine our strengths within teams, between departments, and between Toyoda Gosei Group companies to make One TG a reality.

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