BookTitleToyota Tsusho 70-Year History

Summary

Toyota Tsusho 70-Year History

Supporting TMC’s BBC ProjectIn addition to exporting shock absorbers to Thailand, Toyota Tsusho was alsoimporting diesel engines from Toyota Motor Thailand Co., Ltd., and gasolineengines from Indonesia. Toyota Tsusho then became involved in TMC’s BBC(Brand-to-Brand Complementation) project, an initiative agreed to by ASEANmembers to enable the reciprocal supply of auto parts in response to the rapideconomic growth and expansion of automobile production in Southeast Asia. Aspart of this project, in April 1992 Toyota Tsusho started exporting shock absorbersmade by Kayaba (Malaysia) sdn. Bhd. for Corollas to Toyota Motor Thailand Co.,Ltd., and from July of the same year started distributing steering systems made byT&K Autoparts in Malaysia to other nations in the ASEAN region.UMW Toyota Motor Camry rolls off the lineEstablishing a Logistics Company in IndonesiaIn 1995, Toyota Tsusho Logistics Center (TTLC) was established in Indonesiaas a joint venture with Okamoto Freighters, Ltd., a comprehensive logisticscompany with a track record in Japan. It provided logistics services to localcustomers and was the first logistics company with 100% Japanese capital inIndonesia. A bonded warehouse with a total area of 3,000 square meters wassecured on a 14,000-square-meter lot in the bonded area in the suburbs of Jakarta,and import and export customs clearance, bonded storage, collection and delivery,and packing operations were started.Indonesia-based TTLC opening ceremonyBusiness Begins in MyanmarIn December 1996, Aye & Sons Ltd., which was supported by Toyota Tsusho inYangon, Myanmar, was certified as a Toyota Authorized Service Station (TASS)and functioned as a sales and repair base for Toyota vehicles.A branch office (an administrative office as of 2018) was established for countertrade and handled timber, food products, and nonferrous metals.3 Business Development in OceaniaIn 1989, Toyota Tsusho established Toyota Tsusho Mining (Australia) Pty.Ltd. in Australia, and in May 1991 the Camberwell Mine, a mine operated by thenew company, was officially opened. This was the beginning of Toyota Tsusho’sAustralian coal mining business. Toyota Tsusho began developing and supplyingits own energy sources, a long-held ambition, but transferred assets in December2015 after supplying coal for a quarter of a century.The South Pacific region had begun to attract attention for its natural resourcessuch as LNG. In 1991, Toyota Tsusho took a 25% stake in Burns Philp (BP), anAustralian company that had developed an automobile and parts sales business inthe South Pacific region, and started doing business there. In 1999, Toyota Tsushoincreased its share ratio to turn BP into a wholly owned subsidiary, and it wasrenamed Toyota Tsusho South Pacific Holdings Pty Ltd. (TTSPH) and operatedas a holding company for distributors in seven countries. As part of multifacetedoperations involving Toyota, Yamaha, and Hino sales agents, car rentals, and gasstations, Toyota Tsusho aimed to build a value chain from new cars to used cars,rental cars, after-sales service, and finance in the South Pacific region, includingPapua New Guinea and Fiji.Myanmar-based TASS opening ceremonyHistory111