Toyota Case Study : Toyota Motor Corporation Essay

Toyota Company was established in the year 1937. Its main activities are the production of vehicles and sales. With its headquarters based in Japan, Toyota has employed over three hundred thousand employees. Toyota Company belongs to the motor vehicle industry where competition is tight even though Toyota is leading on the number of vehicles being sold on a daily basis. Toyota operates in 51 countries worldwide.

Overview: The Toyota Production System has long been hailed and admired as the source of Toyota’s outstanding performance as a manufacturer. TPS aims to eliminate waste, reduce defects and maximize flow. TPS aims to increase efficiency and productivity by employing a unique production system that cuts costs through continuous improvement. Long term goal is to yield sharp reductions in product development and manufacturing lead times. Toyota want to be the industry best and they stand behind their culture to share the wealth of how they do it.

Toyota Motors Company is multinational Japanese vehicle producer, an enterprise that has it 's headquartered at Toyota, Aichi. Toyota Motors are the biggest world 's producer of the autos about the statistics of 2013 by the quantity of vehicles. Toyota was additionally the greatest maker of the autos in 2012 and has been the initial a car producer that delivered ten million vehicles for each year. It is likewise recorded the most significant assembling organization in Japan of the market capitalization and income. The engines business delivers its vehicles

Toyota's current stock/share price is 8,741 Yen. Over the past five years, there has been an increase in its share prices. This may be as a result of the major developments and new automobiles that have been launched during the years. The table below shows the highest and the lowest share prices by term for the past five years. These share prices are from Tokyo stock exchange market quotations.

Toyota Motor Corporation (TOYOTA) is one of biggest automaker in the world. Main products are a passenger car, truck, bus, RV etc. The company headquartered in Toyota, Aichi, Japan which employed 300,734 people worldwide and was the third largest automobile manufacture in 2011 by production behind General Motors and Volkswagen Group. Toyota is the eighth largest company in the world by revenue (around 200 billion USD) in 2011. The company reported it had manufactured its 200million cars in 2012.

Toyota Motor Corporation is one of the Japanese automotive manufacturer that headquartered in Toyota, Aichi, Japan. The history of Toyota began in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of automobile under the direction of Kiichiro Toyoda, the founder’s son. Toyota Motor Corporation have use code of conduct, corporate social responsibility and sustainability policies for their firm daily operations.

Toyota is one of the leading manufacturers of vehicles in the United States and across the globe. Toyota is ranked #55 in Forbes, World’s Biggest Public Companies, and capturing sales of 202.8 billion and a market cap of 137.8 billion as of March 2011

With domestic markets becoming saturated with competition, organizations with the financial reach look to international market segments to obtain growth potential. Though not all companies hold the capabilities to obtain such a feat, Toyota has and is competitive.

They are a Japanese company that was founded in 1937 and now they take on the task of designing, manufacturing, constructing and sales of commercial cars, minivans, passenger cars and also related accessories and parts in North America, Europe and all across Asia. Toyota vehicles are sold all across the globe and brands such as Lexus, Daihatsu and Hino Brands are all under the Toyota Group. Toyota Motor Corporation are the leaders of the Motor industry when it comes to environmental technology. With their biggest success coming from the Hybrid Prius and the Camry Prius. As of 5th February 2016, Toyota Motor Corporation became the first Japanese company to top 3 trillion yen in annual operating profit. As of 31st March

TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. The Company operates through three business segments. The Automobile segment is engaged in the design, manufacture and sale of car products including passenger cars, minivans and trucks, as well as the related parts and accessories. The Finance segment is involved in the provision of financial services related to the sale of the Company's products, as well as the leasing of vehicles and equipment. The others segment is involved in the design, manufacture and sale of housings, as well as information and communication business.

Toyota Motor Corporation is a well-known Japanese automotive manufacturer which headquartered in Toyota, Aichi, Japan. It was founded by Kiichiro Toyoda in 1937, as a division of his father’s company, Toyoda Automatic Loom Works to create automobiles. Three years earlier, in 1934, while still a department of Toyoda Automatic Loom Works, it created its first product, the Type A engine and until 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation produces vehicles under 5 brands, including the Toyota brand, Hino, Lexus, Ranz, and Daihatsu. In March 2014, this multinational corporation consisted of 338,875 employees worldwide and, as of February 2016, was the 13th-largest company in the

Toyota has had numerous outer issues to handle when contriving and doing their own particular technique. The market has various car dealerships, departing the level of rivalry at a high rate. They need to consider what their rivals are doing to allure purchasers and match or top their arrangements with the Toyota line of autos. As such, they have possessed the capacity to do this effectively. The auto organizations have needed to consistently improve the elements offered in their models, while attempting to keep the costs as low as would be prudent to pull in purchasers. They have succeeded for a long time since they have been so flexible with their items. As of now, Toyota, alongside a few other auto organizations is encountering down turns in their edge. The car business depends on whether purchasers can buy autos. Since the falling of the economy in various nations, this has been harmed who can stand to purchase autos. Toyota has chosen to offer a six year no enthusiasm financing. This will extremely diminish their salary.

Toyota Motor Company is one of the world’s leading auto manufacturers. The Company is headquartered in Japan. It employs over 172,000 workers in the United States, to include personnel at production facilities and dealers. The automaker also produces Lexus and Scion brands. The Toyota Group includes Toyota Industries and Toyota Motor Company. The Company has attained near legendary status in the industry with its speed to market capabilities, lean manufacturing programs, and groundbreaking technology. The Company’s continuous improvement production process was the trademark of its success. More than 20% of its market value has been lost due to a recall of accelerator pedals that stick. The Toyota recalls were not the largest in the history of auto manufacturing, and the Company should have handled the situation differently (Parnell, 2014).

We will start the external analysis with the PESTEL analysis of the automotive sector followed by the Porter’s five forces analysis and we will end by having a look at the key competitors and competitor pricing.

Toyota enjoys a major share in different regions in the world. Its total share in the world for the year 2011 is given a follow as per DataMonitor's report 2011 on Toyota: