Toyota Boshoku Corporation Overview
Company Headquarters: Japan
Founded: 1918
Workforce: ~41,600
Company Working:
Toyota Boshoku Corporation designs, manufactures, and sells automotive interior and exterior components, and seat systems and automotive engine parts. It offers its products through three business segments namely seat, interior & exterior, and unit components. The seat business offers seat frames, seat fabrics, seat airbags, and seat components. The interior and exterior business offers bumpers, fender liners, seats, door trims, headliners, and carpets.
The company has 46 manufacturing facilities located in the US, Canada, Thailand, China, France, India, and Japan. Aiho Corporation, Green Kasei Co., Ltd, TB Iwate Corporation, Tianjin Intex Auto Parts Co., Ltd., TBDN Tennessee Company, TB Kawashima Co., Ltd, and Tb Sewtech Kanto Corporation are some of the subsidiaries of the company. The company’s clientele for active seat headrests market is comprised of Toyota Motor Corporation, BMW AG, Subaru and other companies.
Strategy
Toyota Boshoku Corporation strategizes to continue to invest in new products, new technology, improved distribution, and enhanced digital capabilities over the next few years with the objective to gain higher returns on the invested capital. The company strategizes to enhance its sales services and the distribution for developing the market. The company heavily invests in research and development activities to meet the safety standards regulated by government, while enhancing its product portfolio and modifying the production processes.
