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| Company type | Public |
|---|---|
| TYO:3116 | |
| Industry | Automotive |
| Founded | January 1918; 108 years ago (1918-01) |
| Founder | Sakichi Toyoda |
| Headquarters | , Japan |
Area served | Worldwide |
Key people | Shuhei Toyoda (Chairman) Yoshimasa Ishii (President) |
| Revenue | 1,953,625,000,000 yen (2024) |
Number of employees | 46,972 (2024) |
| Website | www.toyota-boshoku.com |
Toyota Boshoku Corporation (トヨタ紡織株式会社,Toyota Boshoku Kabushikigaisha;TYO:3116) is a Japanese automotive component manufacturer. It is a member of theToyota Group of companies. Toyota Boshoku Corporation entered the North American market via Toyota Boshoku America (located, inter alia, inErlanger, Kentucky).
Toyoda Boshoku Corporation was founded by inventorSakichi Toyoda in 1918, as atextile company. In 1942, it merged with its affiliates and became known as the Chuo Spinning Company, which then merged with theToyota Motor Corporation in 1943.
In 1950, the Minsei Spinning Co., Ltd established itself as a separate entity from Toyota Motor Corporation. Its name was changed back to Toyoda Boshoku Corporation in 1967, and the company entered the automotive components field beginning in 1972.
The merger between Toyoda Boshoku Corporation,ARACO Corporation, and Takanichi Co., Ltd. in October 2004 led to the company Toyota Boshoku as it is today.
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