DOCSLIB.ORG

Data Section

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Data Section DATA SECTION 76 MESSAGE FROM THE CHIEF DIVISION OFFICER OF THE ADMINISTRATIVE DIVISION 78 FINANCIAL HIGHLIGHTS 80 ELEVEN-YEAR FINANCIAL SUMMARY 82 OUR INVESTMENTS IN BUSINESSES 84 GLOBAL NETWORK 86 PRINCIPAL CONSOLIDATED SUBSIDIARIES AND AFFILIATES BY EQUITY METHOD 92 ORGANIZATIONAL CHART 93 CORPORATE DATA INTEGRATED REPORT 2015 75 Message from the Chief Division Officer of the Administrative Division Toyota Tsusho’s Approach to Financial Administration and Investment Hideki Yanase Managing Director, Chief Division Officer of Administrative Division Q Please summarize the company’s perfor- Q How would you characterize mance in the year ended March 31, 2015. Toyota Tsusho’s financial strategy? In the fiscal year ended March 31, 2015, the global economy as a whole continued We strive to maintain a robust financial position that features a good balance to grow gradually. Economies in the industrialized world performed solidly, though between earnings and capital deployment. Our principal benchmarks are return on economic growth slowed in the world’s emerging nations. The U.S. economy equity (ROE), the net debt/equity ratio (DER), and cash flow. Our long-term targets benefited from robust personal consumption, and the European economy showed include keeping net DER to no more than 1.5 and to achieving ROE of 10% to 13%. signs of stabilizing, though the outlook remained murky, clouded by economic challenges in Greece and elsewhere. Among the emerging nations, economies in some resource-producing nations Quantitative Targets of the Long-Term Business Plan suffered from the sharp decline in crude oil prices. The Japanese economy slowed (Net income before in the first half of the fiscal year, affected adversely by the hike in the national amortization of goodwill) sales tax on April 1, 2014. It regained growth momentum in the fiscal second half, FY16/3 FY20/3 FY14/3 FY15/3 however, in what appeared to be a self-sustaining recovery. Driving the recovery (Billions of yen) (plan) (target) were growing capital spending and declining costs for imported energy. PL Net Sales 7,743.2 8,663.4 8,400.0 9,500.0 Our net sales increased ¥920.2 billion year on year to ¥8,663.4 billion and Operating 161.3 169.4 158.0 270.0 operating income increased ¥8.1 billion to ¥169.4 billion. Both of those figures Income were record highs. Net income declined ¥5.5 billion year on year to ¥67.5 billion, Net Income 73.0 67.5 70.0 140.0 reflecting a decline in investment return on equity-method affiliates. BS Total Assets 4,072.7 4,533.6 4,900.0 6,500.0 Shareholders’ 799.8 844.4 900.0 1,200.0 Consolidated Financial Results (Billions of yen) equity Comprehensive + 172.9 281.0 — — 12％ ■ FY14/3 income +920.2 +5％ (4) ■ FY15/3 +8.1 ％ 8,663.4 (7.2) Net assets 1,156.0 1,304.4 1,370.0 1,900.0 7,743.2 169.4 Net interest- 161.3 163.4 156.2 (7)％ 1,088.9 1,233.5 1,300.0 1,600.0 (5.5) Financial bearing debt Indicators 73.0 67.5 Net DER 1.1 1.1 1.1 No more than 1.5 Invest within the scope of Investment New investments 146.0 208.7 operating cash flows Net Sales Operating Income Ordinary Income Net Income Emphasis on fiscal soundness 76 TOYOTA TSUSHO CORPORATION | DATA SECTION | Q How would you characterize the company’s Q What about the dividend policy? investment approach? Our Global 2020 Vision calls for investing in reinforcing our established operations Toyota Tsusho has abided by a flexible dividend policy. That policy has provided for and in building new core business candidates. In the fiscal year ended March 31, paying dividends equivalent to 20% to 25% of net income while adjusting dividend 2015, our investment totaled ¥208.7 billion—¥61.9 billion in automotive opera- distributions in accordance with changes in the economic environment, progress in tions and ¥146.8 billion in non-automotive operations. investment plans, and other factors. Our annual dividend for the fiscal year ended We have abided for several years by two-year earmarks of ¥250.0 billion for March 31, 2015 increased ¥6 to ¥56 per share, for a dividend payout ratio of 29%. investment. Our future investment, however, will feature a more rigorously targeted We are preparing to adopt the International Financial Reporting Standards, approach to allocating investment. We will sharpen our focus on potential for growth and that will mean complying with more demanding expectations of the dividend and for profitability, and we will insist on funding investment with operating cash payout ratio. Our dividend policy will therefore target a minimum payout ratio of flows. Investment projects will be subject to stringent operational guidelines based 25% of net income before amortization of goodwill and provide stable, continuing on quantitative evaluation criteria. We will review every investment project annually returns to shareholders. For the fiscal year ending March 31, 2016, we plan to and will withdraw unhesitatingly from businesses that fail to meet our criteria for raise the annual dividend ¥6 to ¥62 per share. continuation. Our emphasis will consistently be on optimizing asset allocation. New Dividend Policy Progress with Investment Plan FY14 investment results (Billions of yen) ■ Target a minimum dividend payout ratio of 25% of net income before Details Amount amortization of goodwill. ■ ■ Enhancement and expansion of automobile production Provide stable, continuing returns to shareholders. facilities ■ Capital investment and network expansion of dealerships Automotive ■ Investment in an automobile parts wholesaler in Malaysia Dividend per share (¥ per share) and Thailand 62 56 Total 61.9 50 44 ■ Solar and wind power generation projects 42 (Eurus Energy Holdings Corporation) 28 29% ■ 24% 31% Non-automotive Gas development projects in Australia and Canada 22% 23% ■ Tender offer of Tomen Electronics Corporation 21% 20% 19% Total 146.8 Total 208.7 11/3 12/3 13/3 14/3 15/3 16/3 （Plan） Approach to New Investments ■ Dividend per share Dividend payout ratio Dividend payout ratio (before amortization of goodwill Sharpen the focus on potential for growth and profitability. ■ Keep investments within the scope of operating cash flow. ■ Apply strict quantitative evaluation criteria for investment return. ■ Prioritize investment projects at the division and companywide levels, allo- cating and reallocating resources in accordance with our specified priorities. INTEGRATED REPORT 2015 77 FINANCIAL HIGHLIGHTS TOYOTA TSUSHO CORPORATION and its consolidated subsidiaries Years ended March 31 Net Sales Operating Income (¥ billion) (¥ billion) +920.2 billion yen +8.1 billion yen 169.4 8,663.4 161.3 7,743.2 7,000.3 131.6 6,287.0 6,304.3 115.8 5,743.6 5,916.7 5,102.2 91.0 92.4 85.2 55.5 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 Net Income Segment Sales* Segment Operating Income* (¥ billion) (¥ billion) (¥ billion) –5.5 billion yen 8,663.4 169.4 73.0 67.5 66.2 67.4 67.5 47.1 40.2 27.3 12/3 13/3 14/3 15/3 12/3 13/3 14/3 15/3 ■ Metals ■ Chemicals & Electronics ■ Global Parts & Logistics ■ Food & Agribusiness 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 ■ Automotive ■ Consumer Products & Services ■ Machinery, Energy & Project Regional Sales Regional Operating Income (¥ billion) (¥ billion) 8,663.4 169.4 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 ■ Japan ■ Asia & Oceania ■ North America ■ Europe ■ Others * In April 2011, the Company reorganized. * Effective April 1, 2013, the name of the Consumer Products, Services & Materials Division was changed to the Consumer Products & Services Division. * Effective April 1, 2014, the name of the Global Production Parts & Logistics Division was changed to the Global Parts & Logistics Division. 78 TOYOTA TSUSHO CORPORATION | DATA SECTION | Total Assets Total Net Assets (¥ billion) (¥ billion) +460.9 billion yen +148.4 billion yen 4,533.6 1,304.4 4,072.7 1,156.0 3,592.3 920.0 2,837.4 2,603.2 751.7 2,274.5 2,436.2 639.7 650.2 667.3 2,130.0 586.9 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 Shareholders’ Equity Ratio Net Debt Equity Ratio (%) (Times) +0.9 points –0.02 points 25.7 1.31 24.9 24.4 24.8 22.5 22.6 23.9 1.12 21.2 1.08 1.04 1.10 1.02 0.96 0.98 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 ROE Cash Dividends per Share (%) (¥) –2.0 points +6.0 yen 56.0 11.6 10.7 50.0 9.6 42.0 44.0 8.0 8.4 30.0 26.0 28.0 7.2 6.4 16.0 4.9 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 INTEGRATED REPORT 2015 79 ELEVEN-YEAR FINANCIAL SUMMARY TOYOTA TSUSHO CORPORATION and its consolidated subsidiaries Years ended March 31 (¥ billion) 8,000 6,000 4,000 2,000 ■ Net sales (left scale) ■ Net income (right scale) 0 (Note 1) 2005/3 2006/3 2007/3 2008/3 2009/3 Results of Operations: Net Sales (Note 3) ¥3,315,831 ¥3,945,319 ¥6,212,726 ¥7,000,353 ¥6,286,996 Gross Profit 175,683 221,593 328,459 369,524 326,679 SG&A Expenses 119,368 141,536 218,456 237,853 235,661 Operating Income 56,315 80,057 110,003 131,671 91,017 Share of Profit of Entities Accounted for Using Equity Method 2,602 1,180 7,342 11,065 6,610 Net Income 37,522 45,733 77,212 67,506 40,224 Financial Position at Year-End: Total Assets ¥1,198,394 ¥1,602,702 ¥2,462,229 ¥2,603,207 ¥2,130,089 Total Net Assets (Note 4) 237,132 314,319 626,539 639,731 586,996 Net Interest-Bearing Debt 319,785 431,844 677,580 600,250 573,920 Cash Flows: Net Cash Provided by Operating Activities ¥ 17,836 ¥ 33,089 ¥ 44,599 ¥ 104,728 ¥ 123,760 Net Cash Used in Investing Activities (29,410) (119,379) (31,159) (36,717) (54,827) Net Cash Provided by (Used in) Financing Activities 12,027 90,453 (46,555) (23,058) 4,614 Cash and Cash Equivalents at End of Period 69,548 75,032 125,603 174,197 242,530 Per Share: Net Income: Basic ¥132.98 ¥161.88 ¥231.47 ¥192.44 ¥114.73 Diluted (Note 5) 132.11 160.75 230.30 192.08 114.72 Cash Dividends for the Year 12.00 18.00 26.00 30.00 26.00 Dividend Payout Ratio 9.0% 11.1% 11.2% 15.6% 22.7% Financial Measures: ROE 17.6% 16.6% 15.7% 11.6% 7.2% Shareholders’ Equity Ratio 19.8% 19.6% 23.5% 22.5% 24.9% Net Debt Equity Ratio (times) 1.35 1.37 1.17 1.02 1.08 Common Stock: Number of Shares Outstanding at Year-End 282,867 282,867 354,056 354,056 354,056 Notes: 1.
Load more

Recommended publications
  • Toyota Tsusho Corporation Financial Highlights for the Three Months Ended June 30, 2020 [IFRS Basis] (Consolidated) July 31, 2020
    Toyota Tsusho Corporation Financial Highlights for the Three Months Ended June 30, 2020 [IFRS basis] (Consolidated) July 31, 2020 Listings Tokyo Stock Exchange (the first section), Nagoya Stock Exchange Security code 8015 URL https://www.toyota-tsusho.com/english/ Representative Ichiro Kashitani, President & CEO Contact Yasushi Aida General manager, Accounting Department Telephone +81 52-584-5482 Scheduled dates: Submission of quarterly securities report August 13, 2020 Dividend payout - Supplementary materials to the quarterly results Available Quarterly financial results briefings Yes (targeted at institutional investors and analysts) (Amounts rounded down to the nearest million yen) 1. Consolidated Financial Results for the Three Months ended June 30, 2020 (April 1, 2020 to June 30, 2020) (1) Operating Results (Percentage figures represent year-on-year changes) Total Profit before Profit attributable to Revenue Operating profit Profit comprehensive income taxes owners of the parent income Three Months ended million yen % million yen % million yen % million yen % million yen % million yen % June 30, 2020 1,193,982 (29.3) 19,139 (65.6) 25,995 (68.1) 16,386 (73.6) 13,393 (75.9) 35,159 (5.1) June 30, 2019 1,689,853 2.4 55,659 (1.5) 81,561 18.7 62,154 16.4 55,612 19.2 37,048 264.6 Diluted earnings per Basic earnings per share share Three Months ended yen yen June 30, 2020 38.07 － June 30, 2019 158.05 － Note: “Basic earnings per share” is calculated based on “Profit attributable to owners of the parent.” (2) Financial Position Equity attributable to Ratio of equity attributable to owners Total assets Total equity owners of the parent of the parent to total assets As of million yen million yen million yen % June 30, 2020 4,588,118 1,381,773 1,211,544 26.4 March 31, 2020 4,545,210 1,372,491 1,196,635 26.3 2.
    [Show full text]
  • Integrated Report 2016 Report for the Next 10 Years, the Toyota Tsusho Group Group Tsusho Toyota for the Next 10 Years, the Will Evoke Our Ideal As “Be the Right ONE”
    TOYOTA TSUSHO CORPORATION Integrated Report 2016 Fiscal year ended March 31, 2016 INTEGRATED REPORT 2016 REPORT INTEGRATED Next Steps for New Growth Competitive Edge in Business For the next 10 years, the Toyota Tsusho Group will evoke our ideal as “Be the Right ONE” Stakeholder Dialogue Editorial Policy Until now, Toyota Tsusho has published an Annual Report, which mainly covers report- ing focused on financial information, management strategies, performance and business activities, and a CSR Report, which mainly covers reporting focused on society and the environment. These two reports were published to deepen the understanding of Toyota Tsusho’s activities among all stakeholders. However, considering that both reports are closely related to one another and our goal of fostering an even stronger understanding of Toyota Tsusho among our stakeholders, we have started producing an Integrated Report from the fiscal year ended March 2015. In the preparation of this report, we have referred to the International Integrated Reporting Framework (International <IR> Framework) advo- cated by the International Integrated Reporting Council (IIRC), the Sustainability Reporting Guidelines (version 4.0) of the Global Reporting Initiative (GRI), the Environmental Reporting Guidelines (2012 version) of the Ministry of the Environment in Japan and the ISO 26000 Guidance on Social Responsibility. In addition to reporting on management strategies, our performance, and business activities, the Integrated Report covers subjects such as Toyota Tsusho’s Approach to CSR, which guides our efforts to resolve social issues and contribute locally through our business activities. As Toyota Tsusho endeavors to drive sustained growth in these and other ways, we hope that this report will help to deepen your understanding of the company.
    [Show full text]
  • Non Project Grant Aid / Economic and Social Development Programmes
    Non Project Grant Aid / Economic and Social Development Programmes Contract Award As of 30 September 2020 Tender Fiscal Contract Description of Goods / Services Beneficiary Supplier Issue Date Ref No. Year Value LKN19/108644D/0001 2019 Anti-terrorism equipment (Lot 1,2,4) Sri Lanka Toyota Tsusho Corporation JPY 385,837,500 2020/09/23 MVN19X/108651D/ 0001 2019 Anti-terrorism equipment (Lot 4) Maldives Kanematsu Corporation JPY 104,441,000 2020/09/25 MVN19X/108651D/ 0001 2019 Anti-terrorism equipment (Lot 2&3) Maldives Toyota Tsusho Corporation JPY 188,188,400 2020/09/14 MVN19X/108651D/ 0001 2019 Anti-terrorism equipment (Lot 1) Maldives NBK Corporation JPY 39,950,000 2020/09/14 ZMN19/109005D/0001 2019 Health Centre Kit Zambia Toyota Tsusho Corporation JPY 282,000,000 2020/08/27 BWN20/109742D/0001 2020 Thermography system Botswana NEC Corpration JPY 22,023,080 2020/08/26 BWN20/109742D/0001 2020 Infusion pump/Syringe pump Botswana Nissei Trading JPY 39,800,000 2020/08/26 BWN20/109742D/0001 2020 AED Botswana Marubebi Protechs Corporation JPY 9,720,000 2020/08/26 LKN19/108644D/0001 2019 Minibus Sri Lanka Toyota Tsusho Corporation JPY 26,151,600 2020/07/31 MWN16/106162D/0001 2016 Acrylic Yarn Blend Malawi Sirius Corporation JPY 52,900,000 2020/07/22 MGN15/11711/101-1 2015 Motor Madagascar Parlym International EUR 118,772.00 2020/04/22 Cybersecurity equipment and associated ZWN18/107903D/0001 2018 services (Lot 1&2) Zimbabwe Toyota Tsusho Corporation JPY 366,600,000 2020/01/06 Futurebud International Co., XKN18/107902D/0001 2018 Compactor Trucks and Associated Services Kosovo Ltd.
    [Show full text]
  • Corporate Mentors
    GLOBIS University - Corporate Mentors Japanese Corporate Mentors AEON Co., Ltd. Japan Innovation Network Ricoh Company, Ltd. ASAHI MUTUAL LIFE INSURANCE CO. Japan Pallet Rental Corporation Sakurajyuji Co., Ltd. ASICS Corporation JTEKT CORPORATION SATO HOLDINGS CORPORATION BELLSYSTEM24, Inc. KAWADA INDUSTRIES, INC. Seino Holdings Co., Ltd. CAINZ CORPORATION Kouyuu K.K. SEPTENI HOLDINGS CO.,LTD. CCC PHOTO LIFE LAB Lawson, Inc. SHINKO DENSHI CO., LTD. Coca-Cola Bottlers Japan Inc. LIKE. Inc. Shizen Energy Inc. CyberAgent, Inc. LIXIL Corporation SoftBank Corp. Eisai Co., Ltd. MOBCAST HOLDINGS INC. Sony Corporation en World Japan K.K. Mynavi Corporation STANLEY ELECTRIC CO., LTD. Foster Electric Company, Limited NAGASE BROTHERS INC. Sumitomo Mitsui Banking Corporation GREE, Inc. NH Foods Ltd. Takashimaya Company, Limited Hitachi Automotive Systems, Ltd. NIKON-ESSILOR Co., Ltd Takeda Pharmaceutical Company Limited. Hitachi Metals, Ltd. NISSAN MOTOR CO., LTD. Tatsuno Corporation Hitachi Systems, Ltd. Oji Management Office Inc. Terilogy Co., Ltd. Hoshino Resorts Omron Corporation TOYOTA TSUSHO CORPORATION INVAST SECURITIES CO., LTD ORGANO CORPORATION Toshiba Corporation Isetan Mitsukoshi Holdings Ltd. ORIX Corporation Tsuneishi Holdings Corporation. istyle Inc. PARCO CO., LTD USHIO INC. Foreign Affiliated Corporate MentorsPersol Career Co., Ltd. Yokogawa Electric Corporation Abbott Vascular Japan Co., Ltd. Emerson Japan, Ltd. Neovia Logistics Services, LLC. AgroFresh Solutions Ernst & Young ShinNihon LLC Novartis Pharma K.K. Aon Benfield Japan, Ltd. Etsy Japan Pfizer AQUA Co., Ltd. Frost & Sullivan Japan K.K. Philip Morris Japan Limited ARDIAN JAPAN Co., Ltd GE Japan Corporation PwC Japan Tax Assurant Japan Genpact Japan K.K. Quintiles Transnational Japan K.K. Bayer Holding Ltd. Hewlett-Packard Japan Ltd. Richemont Japan Limited BMW Group Japan HP Japan Inc.
    [Show full text]
  • Factset-Top Ten-0521.Xlsm
    Pax International Sustainable Economy Fund USD 7/31/2021 Port. Ending Market Value Portfolio Weight ASML Holding NV 34,391,879.94 4.3 Roche Holding Ltd 28,162,840.25 3.5 Novo Nordisk A/S Class B 17,719,993.74 2.2 SAP SE 17,154,858.23 2.1 AstraZeneca PLC 15,759,939.73 2.0 Unilever PLC 13,234,315.16 1.7 Commonwealth Bank of Australia 13,046,820.57 1.6 L'Oreal SA 10,415,009.32 1.3 Schneider Electric SE 10,269,506.68 1.3 GlaxoSmithKline plc 9,942,271.59 1.2 Allianz SE 9,890,811.85 1.2 Hong Kong Exchanges & Clearing Ltd. 9,477,680.83 1.2 Lonza Group AG 9,369,993.95 1.2 RELX PLC 9,269,729.12 1.2 BNP Paribas SA Class A 8,824,299.39 1.1 Takeda Pharmaceutical Co. Ltd. 8,557,780.88 1.1 Air Liquide SA 8,445,618.28 1.1 KDDI Corporation 7,560,223.63 0.9 Recruit Holdings Co., Ltd. 7,424,282.72 0.9 HOYA CORPORATION 7,295,471.27 0.9 ABB Ltd. 7,293,350.84 0.9 BASF SE 7,257,816.71 0.9 Tokyo Electron Ltd. 7,049,583.59 0.9 Munich Reinsurance Company 7,019,776.96 0.9 ASSA ABLOY AB Class B 6,982,707.69 0.9 Vestas Wind Systems A/S 6,965,518.08 0.9 Merck KGaA 6,868,081.50 0.9 Iberdrola SA 6,581,084.07 0.8 Compagnie Generale des Etablissements Michelin SCA 6,555,056.14 0.8 Straumann Holding AG 6,480,282.66 0.8 Atlas Copco AB Class B 6,194,910.19 0.8 Deutsche Boerse AG 6,186,305.10 0.8 UPM-Kymmene Oyj 5,956,283.07 0.7 Deutsche Post AG 5,851,177.11 0.7 Enel SpA 5,808,234.13 0.7 AXA SA 5,790,969.55 0.7 Nintendo Co., Ltd.
    [Show full text]
  • Three Years Management Plan （FY2020 to FY2022）
    Three Years Management Plan （FY2020 to FY2022） April 30, 2020 Toyota Tsusho Corporation Contents 1. Review of Three Years Management Plan (FY2017- FY2019) P2 ※Released May, 2017 2. Three Years Management Plan (FY2020 - FY2022) P7 1. Review of three years management plan (FY2017- FY2019) ※Released May, 2017 Review of Three Year Management: Quantitative aspect （Unit：billion yen） ［Released May 2017］ FY 2020 Targets Results Profit 130.0 135.5 Achieved ROE(%) 10-13% 11.3% Achieved Net interest-bearing 1,100.0 ※ 1,032.4 Achieved debt (NET) Net DER Within 1.0 times ※ 0.86 times Achieved RA/RB Less than 1.0 0.8 Achieved +93.9 Free Cash Flow Surplus Operating Act.CF +267.8 Achieved Investing Act.CF (173.9) FY2017： ¥94 Shareholder ・Payout ratio 25% or more ・Steady increase in FY2018：¥100 Achieved return actual dividend FY2019：¥110 Precond ・Foreign exchange rate ￥100/US$・¥110/Euro ¥109/US$・¥121/Euro ※Include lease ition ・Oil price 50US$/bbl 60US$/bbl debt of 110.3 billion yen 3 Review of Three Year Management: ESG Initial Targets Results 2018: Identification of key sustainability issues Address societal (materiality) issues through E Re-designation of renewable energy businesses as business activities priority areas ※ Create workplace Promotion of “Ikiwaku” activities and environments in “Morning Win” S which employees can More working style options thrive Promotion of health management Separation of management and execution Strengthen Review of Board of Directors composition G governance structure As of May 2017: 16 directors (of which, 3
    [Show full text]
  • DME Promotion Project in Japan - As a Future Alternative Clean Energy
    7th Asian DME Conference DME Promotion Project in Japan - As A Future Alternative Clean Energy - Akira Ishiwada Fuel DME Production Co,. Ltd. November 2011 Fuel DME Production Co. Ltd. Governmental Support Ministry of Economy, Trade and Industry Policy Supports for technology development of DME production and application have been provided 2007 Fiscal Year - Demonstration of boiler, household gas appliance, gas engine with LPG/DME mixed fuel - Demonstration of diesel power generation system with DME/bio mixed fuel Ministry of Land, Infrastructure and Transport Supports for DME truck practical use have been provided DME truck practical model project is under planning for promotion of the next-generation low emission heavy-duty vehicles Ministry of the Environment Supporting system for municipality’s introduction of DME vehicles is under examination 2 Fuel DME Production Co. Ltd. History of development of DME applications by subsidies from Japanese Government Application 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Combustion (Boiler) (Gas Turbine) AutoMobile Fuel Cell Chemical Feedstock Handling Safety (as LPG subsitude) Standardization Others from above, lot of basic experiments and demonstration studies was done! 3 Fuel DME Production Co. Ltd. Situation of Road Test of DME Vehicles SOUCE : National Traffic safety and environment laboratory 4 Fuel DME Production Co. Ltd. DME for power generation Mitsubishi Heavy Industries (MHI) conducted verification tests of DME combustion (2002-2003). Multi-burner (Boiler) 1.5 ton/h Single Burner 2 ton/h 5 Fuel DME Production Co. Ltd. Practical Use Experiments for LPG/DME mix. fuel LP Gas Center of Japan carried out the demonstration tests by utilizing LPG/DME mix.
    [Show full text]
  • Press Releases
    Contact Us Sellect Regiion Products & Serviices Sustaiinabiilliity About TOSHIIBA Home >News and Topics > Kenya’s Largest Geothermal Power Complex Starts Commercial Operation Press Releases Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement, but is subject to change without prior notice. News and Topics Latest Releases Kenya’s Largest Geothermal Power Complex Starts Commercial Operation Search by Month 20 Feb, 2015 Search by Category Search by Company Search by Area and Country Search in News and Topics Olkaria I Geothermal Power Plant Olkaria IV Geothermal Power Plant TOKYO - Toshiba Corporation (TOKYO: 6502) today announced that the Olkaria Geothermal Power Plant, Kenya’s largest geothermal power complex, has started commercial operation. The official opening ceremony was held at the site on February 19, in the presence of President Uhuru Kenyatta and government officials. Kenya Electricity Generating Company Ltd. awarded a full turnkey contract for Olkaria I and IV to a consortium of Korea’s Hyundai Engineering Co., Ltd. and Japan’s Toyota Tsusho Corporation (Tokyo: 8015) in 2011. Toshiba, selected by Hyundai Engineering to provide key equipment, supplied four 70-megawatt turbines and generators for the plant in 2013. Olkaria IV started commercial operation in September 2014, followed by Olkaria I in January this year. Kenya’s economic growth is spurring demand for power. The government has responded with a comprehensive blueprint for development, Vision 2030, which currently includes provision for boosting Kenya’s electricity generating capacity from 1,664 megawatts (2014) to 17,500 megawatts by 2030.
    [Show full text]
  • Annual Report 2009 Toyota Tsusho Corporation
    Toyota Tsusho Corporation Annual Report 2009 Report Annual Corporation Tsusho Toyota Annual Report 2009 Toyota Tsusho Corporation es nging Tim Seeking New Value in Challe The Toyota Tsusho Group’s long-term vision is to generate balanced earnings from automotive and non-automotive fields by 2015. Guided by this vision, we are working Toyota Tsusho to reinforce and organically fuse four unique business platforms—Resources and the Environment, Processing and Manufacturing Businesses, Logistics, and Product and at a Glance Market Development—to provide value-added functions and services that are matched to customer needs, offer support solutions addressing issues faced by customers and to generate new value. Machinery & Electronics Division Automotive Division Consumer Products, Services & Materials Division Business Strategies for the Automotive Field 2015 50 01 Annual Report 2009 One of our key competitive advantages lies in our global processing and logistics functions in the automotive field, which are grounded on the keywords of “real places, real things, reality,” along with our overseas automobile sales network. In the fields of produce & foodstuffs, energy & chemicals and electronics, other major business assets of ours include the extensive networks we have cultivated and developed worldwide, and our expertise in conducting large-scale business projects that span many years. Metals Division Energy & Chemicals Division Produce & Foodstuffs Division ld otive Fie Non-Autom Business Strategies for the Automotive Field 50 02 Toyota Tsusho
    [Show full text]
  • Announcement of Changes in Parent Company and Largest Shareholder
    News Release: Elematec Corporation (2715 TSE 1) February 28, 2012 Announcement of Changes in Parent Company and Largest Shareholder The tender offer (the “Tender Offer”) by TOYOTA TSUSHO CORPORATION (“TOYOTA TSUSHO”) that began on January 17, 2012 to purchase the common stock of ELEMATEC CORPORATION (“ELEMATEC”) ended on February 27, 2012. Due to the completion of the Tender Offer, ELEMATEC is making the following announcement concerning changes in its parent company and largest shareholder as of March 5, 2012, which is the commencement date for settlements for Tender Offer purchases. ELEMATEC and TOYOTA TSUSHO both plan to retain the exchange listing of ELEMATEC stock following the end of the Tender Offer. 1. Background The Tender Offer by TOYOTA TSUSHO started on January 17, 2012 and ended on February 27, 2012. TOYOTA TSUSHO reported today that it has acquired 10,441,500 shares of ELEMATEC common stock through the Tender Offer. Since TOYOTA TSUSHO will hold more than half of the voting rights of ELEMATEC on March 5, 2012, TOYOTA TUSHO will become the parent company and largest shareholder of ELEMATEC. For more information about the results of the Tender Offer, please see the TOYOTA TSUSHO press release dated today that is titled “Announcement of Results of Tender Offer for Stock of ELEMATEC CORPORATION.” 2. Profile of new parent company and largest shareholder 1 Name TOYOTA TSUSHO Corporation 2 Principal Office Century Toyota Bldg., 4-9-8 Meieki, Nakamura-ku, Nagoya 3 Representative Jun Karube, President Principal Lines of Domestic and international trade of goods, export and import of 4 Business goods, construction undertaking, insurance agents, among others 5 Capital Stock 64,936 million yen (December 31, 2011) 6 Date of Incorporation July 1, 1948 7 Net Assets 659,195 million yen (December 31, 2011) 8 Total Assets 2,540,648 million yen (December 31, 2011) TOYOTA MOTOR Corporation 21.57％ TOYOTA INDUSTRIES Corporation 11.12％ The Master Trust Bank of Japan, Ltd.
    [Show full text]
  • News Release
    News Release Notice of Personnel Changes of Officers, Organizational Changes 2021-2-5 Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) announces the following changes to organizational, and personnel changes effective April 1, 2021. I. Organizational changes 1. Organizational changes of business divisions (SBU) 2. Reorganization of departments II. Personnel changes 1. Senior Executive Officers (as of April 1) 2. Executive Officers (as of April 1) 3. Retiring Senior Executive Officers/Executive Officers (on March 31) 4. General Managers et al. (as of April 1) Ⅰ．．．Organizational Changes 1．．．Organizational changes of business divisions (SBU) ※SBU ：Strategic Business Unit （（（1）））Metals Division No change （（（2）））Global Parts & Logistics Division No change （（（3）））Automotive Division No change （（（4）））Machinery, Energy & Project Division Name changed ［［［Current ］］］ ［［［New ］］］ Machinery SBU Machinery SBU Name changed Power Project SBU Energy Solutions SBU Name changed Energy and Plant SBU Infrastructure Solutions SBU （（（5）））Chemicals & Electronics Division No change （（（6）））Food & Consumer Services Division No change （（（7）））Africa Division Name changed ［［［Current ］］］ ［［［New ］］］ Mobility SBU Mobility SBU Name changed Technology & Energy SBU Infrastructure SBU Healthcare SBU Healthcare SBU Consumer Goods SBU Consumer Goods SBU 2．．．Department Changes(As of April 1) 2 New departments, reorganized departments & name changes （（（shows changes only ））） Division New Department Name Current Department Name Change Metals
    [Show full text]
  • List of Japanese Companies /Organizations and Mous （TICAD7 /MOU Ceremony, 29 August 2019）
    1 List of Japanese Companies /Organizations and MOUs （TICAD7 /MOU Ceremony, 29 August 2019） Japanese side : 3７ Companies / 5 organizations, Counterpart : 26 African Countries (Organizations and Companies) MOU : 110 in total Japanese Companies/ African Contries organization Title of MOU Outline of MOU organizations Partnership between Gavi's accelerator programme and AAIC's Africa Asia Africa Investment and Consulting Pte Gavi and Japanese Growth Equity Fund sign MOU to support 1 Gavi, the Vaccine Alliance health fund to technically and financially support startups for social Ltd innovative startups for immunisation in Africa impact Ghana Health Service (GHS), a government agency in Ghana managing health facilities in the whole country 1) develops nutrition education tools Memorandam of cooperation between Ghana Health Service in collaboration with The AJINOMOTO FOUNDATION TAF, 2) 2 The AJINOMOTO FOUNDATION Ghana Health Service and The AJINOMOTO FOUNDATION implementation of nutrition education using education tools and advising TAF on TAF's activities including the promotion of the TAF's nutritious powder. Sierra Tropical Ltd. The Government of Sierra Leone Agreement on Pineapple plantation and food processing 3 Tax incentives and investor protection for Dole project in Sierra Leone (100% owned by Itochu Corporation) project (Dole project) in Sierra Leone Through the IFC funding we aim to realize long tem effective and Itochu Corporation International Finance Corporation(IFC) 4 MOU on a co-financing for Dole project in Sierra Leone successful business management, a high level of publicity and public Sierra Tropical Ltd. interest International Organization for Itochu Corporation MOU on Partnership for IOM Technical and Vocational Through the collaboration and employment with Dole and IOM, mitigate 5 Migration(IOM) Sierra Tropical Ltd.
    [Show full text]