BookTitleToyota Tsusho 70-Year History

Summary

Toyota Tsusho 70-Year History

oup philosophy system and the GLOBAL 2020 VISIONto reform its management structure.than ever; so in addition to strengthening traditionalbusiness,wewilldevelopnewfunctions,services,and3 From President & CEO Karube to Presidentproducts and continue to attract new customers. It will& CEO KashitaniGlobalalso be my“G’VALUE personal with mission you”is to the make Toyota this a group whereIn June 2011, Toyota Tsusho Development was of our under activities new on the global all stage the people Tsusho working Group’s slogan here can for realizing do so with a sense ofmanagement with Mitsuo Kinoshita Glowing as chairman, Junzo achievementourandCorporatefulfillment.”Philosophy. TheSustaining a healthy, glowing morale with passion letter“G”refers to the variousShimizu as vice chairman, and Jun Karube as president. In April 2018, president & CEO Karube, who had ledGeneratingimportant keywords under whichKarube announced that he would Constantly work to generating steadily new achieve businesses the company the Toyota through Tsusho the Group drastic operates. changes in the businessthe TRY1 initiative put forth in the new managementvision, the Global 2020 Vision. On top of that, he alsoenvironment following the Great East Japan Earthquake,took over as chairman and Senior Managing Executivedeclared that the group would“provide value-added Four-tier structure Officer of our Ichiro philosophy Kashitani system was appointed president & CEO.features, services and products to satisfy customersFundamental and become a Philosophy group customers trust and rely on moreUnder the new management Toyota Tsusho started on thepath of a new era 70 years after it was founded.Flagship messageUnchanging ideals that should be passed on to future generationsThe Fundamental Philosophy is comprised ofour Corporate Philosophy and our Behavioral Guidelines.VisionSection 2 Formulating a Management VisionGoals and milestones that should be reached by 2020while 1 realizing Formulating the Fundamental the 2010 Philosophy VisionIn July 2000, Toyota Tsusho announced the 2010Long-term Vision in Business which the company Plan and revealed Annual what Plan it wouldBusiness activity guidelines, policies, and specific actionlook like in 10 years’time. The 2010 Vision laid out aplans and targets that reflect shifts in the business environment.corporate philosophy of“Living and prospering togetherThe with Toyota people, Tsusho society, Group and the planet, Way we aim to be a valuegeneratingdefines the values corporation and principles that contributes of behaviorto the creation ofThisthat should prosperous be shared societies.”by all Toyota Toyota Tsusho Tsusho’s Group 2010 corporateexecutives and regular employees alike inworking image to attain would our be Vision that and of a realize“value our integrator.”A passionFundamental With Philosophy. the goal of increasing profit for and business providingwealth and value to all stakeholders, Toyota Tsushowould provide suppliers and customers with the bestproducts and services, grow to be the top corporation inthe targeted business areas, increase synergies amongbusinesses, and build supply chain management (SCM)in commercial distribution.Toyota Tsusho’s AimsFundamentalPhilosophy2 Creating Vision 2015 to Achieve the 50:50Ratio VisionIn April 2006, Toyota Tsusho announced Vision 2015Lead the Next that forged a clear path toward 2015. Thevision outlined what was required to live up to ToyotaTsusho’s Long-term corporate philosophy. This included: (1) theBusiness Plancompany’s objectives and exact destination that thecompany must reach in 2015, (2) strategic decisionsfocused on the business areas and the correct postureTeamworknecessary On siteto achieve strategic decision-making, and (3)Hands onthe company’s attitude to always take the lead in theIn touchcreation of next-generation projects in the company’sbusiness areas. Particularly emphasized was thedeclaration to establish an automotive to nonautomotivesector business portfolio ratio of 50:50 by 2015. Withthis declaration, together with the expansion and growthand Annual PlanThe Toyota Tsusho Group Wayhe Ideal Imagend VisionMaintain an unwavering sense of responsibilityLeading the Toyota GroupGenerating new value as a creation-oriented companySecuring our customers’trustRY-1Three business domains through which we canachieve our ideal image and visionNon-automotiveAutomotiveNon-automotiveAutomotiveLife &CommunityA business domainthat contributesto further improvementsin living conditionsMobilityEarth &ResourcesA businessdomain that helpssolve global issuesA business domain thatcontributes to the evolution ofnext-generation automobiles2010 Achieve automotive: 2015 Portfolio comprising 2020non-automotiveratio of 50:50three business domainsin a 1:1:1 ratioreakthroughsnd Co-creationGlobal 2020 VisionPriorities in achieving the ideal image and visionBreakthrough: Breaking the shell and evolvingtoward our ideal imageCo-creation: Putting into motion a growth cycleto help boost collective creation History125