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toyota tsusho corp (8015) Details

Toyota Tsusho Corporation operates as a general trading and project management company worldwide. It manufactures steel products, steel construction materials, nonferrous and precious metals, rolled light-metals, copper and copper alloys, scrap iron and scrap nonferrous metals, ferroalloys, iron, rare earths, and metals, as well as provides vehicle recycling and disposable catalyst reclamation services. It offers services for automotive parts; runs logistics and tire assembly businesses; and sells passenger and commercial, light, and two-wheeled vehicles, as well as trucks, buses, and automotive parts. It sells machine tools, industrial and textile machines, testing and measuring instruments, electronic and construction machines, environmental equipment, industrial vehicles, petroleum products, liquefied petroleum gas, coal, crude oil, and petrochemical and natural gas; and undertakes infrastructure projects, as well as runs an energy and electric power supply business. The company offers communication and electronic devices, semiconductors, network integration and support, PCs, PC peripherals and software, and intelligent transport systems; and organic and inorganic, and functional chemicals, as well as fat and oil products, synthetic resins, batteries and electronic materials, pharmaceuticals, and pharmaceutical ingredients. It manufactures agricultural, marine, and livestock feed and products; grains, processed foods, and food ingredients; and alcoholic beverages. The company sells condominiums and commercial buildings, construction and housing materials, furniture, textile raw materials, apparel, interior goods, sleepwear, life and health insurance, property and casualty insurance, photocatalysts, and seniors-related business products, and offers securities brokerage services. The company was formerly known as Toyoda Tsusho Kaisha, Ltd. and changed its name to Toyota Tsusho Corporation in 1987. The company was founded in 1948 and is based in Nagoya, Japan.

58,082 Employees
Last Reported Date: 06/23/16
Founded in 1948

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toyota tsusho corp
Nexen Tire Corporation and Toyota Tsusho Corporation Establishes Nexen Tire Japan Inc

Nexen Tire has held an inauguration ceremony for its subsidiary Nexen Tire Japan Inc. - a joint venture with Toyota Tsusho Corporation. The two companies' discussion about synergy-deriving cooperation began in June 2015, which progressed into signing of the shareholders' agreement to establish a joint venture, Nexen Tire Japan Inc. With Nexen Tire holding 51% and Toyota Tsusho holding the remaining 49% of the shares, Nexen Tire Japan Inc. begins its sales of Nexen Tire's products this month. With local management within the organization, Nexen Tire Japan will customize its business operation to strengthen its RE business in the market and also reinforce OE supply to Japanese automobile manufacturers carrying on diverse marketing activities. With the leverage of Toyota Tsusho's brand awareness and distribution network, Nexen Tire aims to expand its business hence bolster Nexen Tire's brand awareness and boost its sales within Japanese market.

The Ministry of Transport and PSA Corporation Sign Agreements with Scania and Toyota Tsusho to Design, Develop and Test-Bed an Autonomous Truck Platooning System for Use on Singapore's Public Roads

The Ministry of Transport (MOT) and PSA Corporation signed agreements with two automotive companies, Scania and Toyota Tsusho, to design, develop and test-bed an autonomous truck platooning system for use on Singapore's public roads. With this, Singapore moves another step closer towards autonomous freight transport. These agreements follow from a Request for Proposals (RFP) exercise, suite to a Memorandum of Understanding (MoU) inked between MOT and PSA in October 2015 to collaborate and co-fund truck platooning projects. Truck platooning involves a human-driven lead truck leading a convoy of driverless trucks. In the Singapore trials, the trucks will transport containers from one port terminal to another. Efficient freight movement is critical to the competitiveness of port. Truck platooning will also alleviate shortage of manpower, and allow more freight movement to be conducted at night to ease traffic congestion. Scania and Toyota were shortlisted based on the quality of their proposals and strong track records in both truck manufacturing and the development of self-driving technology. Both companies will be working to develop technologies to enable heavy vehicles to move in leader-follower formation, as well as to fully automate the processes for precise docking and undocking of cargo. The truck platooning trials will take place in two phases over a three-year period from January 2017 to December 2019. The first phase, lasting about a year, will focus on designing, testing and refining the truck platooning technology to adapt to local conditions. The trials will be conducted by Scania and Toyota in their respective research centres in Sweden and Japan, to leverage their existing development work. Depending on the outcomes of the phase 1 trials, MOT and PSA Corporation will then select one of the companies for phase 2, which will consist of local trials and some development of the technology in Singapore. A 10-km long test route along West Coast Highway has been designated for the phase 2 trials. The trials will initially involve inter-terminal haulage between Brani Terminal and Pasir Panjang Terminals, and may eventually be scaled up for haulage within the port area, as well as between Pasir Panjang Terminals and Tuas Port.

Toyota Eyes 40% Of 210-MW Coal Plant

Toyota Tsusho Corporation (TSE:8015) plans to acquire a 40% stake in the 210-megawatt Sarangani Energy Corp. coal-fired power plant in Mindanao. Antonio Miguel Alcantara, Corporate planning officer of Alsons Consolidated Resources, Inc. (PSE:ACR), told reporters Toyota Tsusho would make the final decision in January 2017.

 

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Price/Cash Flow 19.1x
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