Grow with developing countries, including those in Africa, and endeavor to solve social issues through business operations
Toyota Tsusho undertakes local infrastructure development, industrial development, job creation, and other measures to solve social issues in developing countries in Africa and other regions through its automotive business and other business activities.
In Kenya, for example, we have been working as a strategic business partner of the country to support the realization of its national vision. Using this experience as a pilot model, we will promote the autonomy of the people who live there by developing basic infrastructure to improve living environments and providing opportunities for occupational training, while achieving the growth of Toyota Tsusho.
KPI
【Mobility】Number of unit sold of electrified vehicle in Africa
Path to achieving the target for CY2027
- Increase in electrified vehicle sales, mainly in South Africa
【Healthcare】Sales of Medical supplies in Africa
ended March 31, 2024
ending March 31, 2025
ending March 31, 2027
Path to achieving the the target for the fiscal year ending March 31, 2027
- Expand market share by strengthening pharmaceutical distribution business
【Infrastructure】Renewable Energy Business in Africa Total Generation Capacity
ended March 31, 2024
ending March 31, 2025
ending March 31, 2027
Path to achieving the the target for the fiscal year ending March 31, 2027
- Scheduled launch of solar power generation businesses in Kenya and Tunisia and wind power generation business in Egypt
【Job Creation】Number of employees in Africa
ended March 31, 2023
ended March 31, 2024
Analysis of changes
- Expansion of employment in the mobility and healthcare sectors in South Africa in line with business expansion
- Signing of a comprehensive memorandum of understanding with the Kenyan government to achieve carbon neutrality; commitment to cooperation in the construction of a green energy value chain, industrial development, and human resource development
- Establishment of a vehicle assembly plant in Cambodia and commencement of SKD* production; contribution to the development of the country’s economy and society and to human resource development through the promotion of the mobility industry
- Decision to build a second Japanese-style general hospital in Bengaluru to improve India’s medical infrastructure (scheduled to open in 2027)
- Establishment of Aeolus. Aim to develop renewable energy power sources suited to the conditions of each African country and to expand the amount of renewable energy introduced
- *SKD: Abbreviation for semi-knocked-down. A vehicle assembly method in which the body is imported already welded and painted, and the main components are then assembled into the body and chassis.
In March 2021, Toyota Tsusho, Toyota Motor Corporation, and B Medical Systems jointly obtained the World Health Organization (WHO)'s Performance, Quality and Safety (PQS) prequalification for refrigerated vehicles for transporting vaccines at the appropriate temperatures. This was the first time in the world the PQS prequalification was given to refrigerated vehicles for transporting vaccines.
In developing countries, approximately 20% of vaccines are discarded every year because of temperature changes during transport. This initiative is significant in that it contributes to the resolution of the social issue of ensuring effective utilization of vaccines in developing countries, and also demonstrates leadership in the transport sector related to global health, which has recently drawn increased awareness. The acquisition of PQS prequalification will also enable COVAX, an international framework aimed at equitable distribution of COVID-19 vaccines to developing countries, to hopefully begin using the refrigerated vehicles based on the acquired PQS prequalification for transporting vaccines.
