Market Research Report: Toyota Financial Services Corporation

Company Overview

• Name: Toyota Financial Services Corporation (TFSC)

• Mission: To provide sound financial services centered around Toyota customers and contribute to a prosperous life.

• Vision: Create value by enabling freedom of movement.

• Founded: July 7, 2000

• Founder: Wholly owned subsidiary of Toyota Motor Corporation

• Key People:

• Korosue Hiroyoshi, President and Representative Director

• Kodera Nobuya, Senior Executive Vice President

• Mark Templin, COO

• Hao Tian, Director

• Nishi Toshiyuki, Director

• Miyazaki Yoichi, Director

• Kobayashi Koji, Director

• Headquarters:

• Nagoya: Nagoya Lucent Tower 15F, 6-1 Ushijima-cho, Nishi-ku, Nagoya City, Japan.

• Tokyo Office: Fukoku Seimei Building 22F, 2-2-2 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan.

• Number of Employees: 149 employees as of April 1, 2024

• Revenue: No information is available

• Known for: TFSC is known for providing automotive sales financial services, enhancing the value and profitability of Toyota's financial business globally.

Products

• Products Offered:

• Automotive loans and leases

• Insurance services related to mobility

• High-Level Description: The company offers comprehensive automotive sales financial services aimed at improving the accessibility and use of automobiles worldwide.

• Key Features:

• Multi-modal service "my route" for seamless daily and tourism mobility with comprehensive regional information and smooth payment solutions.

Recent Developments

• Recent Developments:

• TFSC supports the TOYOTA GAZOO Racing Team in the WRC 2024.

• Awarded the Excellent Prize in the category of co-creation at the 2nd "JATA SDGs Awards" on July 30, 2024.

• Announced support for victims of the Noto Peninsula Earthquake on January 23, 2024.

• New Products Launched: No information is available

• New Features: No information is available

• Partnerships:

• Supported the launch and development of AI application "Prism Japan" for Android in April 2023.

• Engaged in strategic collaboration with dealers and distributors across the globe to enhance product and service offerings.

Additional Information

• Sustainability Initiatives:

• Utilize renewable energy resources, aiming for 100% utilization in all offices by 2030.

• Contribution to a sustainable society through the promotion of electric vehicles and issuing green bonds in markets like the U.S., Japan, Thailand, and Brazil.

• Promoting a diverse and inclusive work environment, supporting the balance between work and childcare, and aiming for 100% uptake of childcare leave by eligible employees.

• Organizational Structure:

• Integration of Toyota's automotive and financial services for swift decision-making and visibility of risks.

• Operates through regional headquarters for tailored financial service solutions.

• Credit Ratings:

• Standard & Poor's: Long-term A+, Short-term A-1+

• Moody's: Long-term A1, Short-term P-1

This report provides a comprehensive overview of Toyota Financial Services Corporation (TFSC), highlighting its foundational ethos, current operational capacity, product offerings, and strategic initiatives aimed at reinforcing its market position and contributions to societal and environmental sustainability.