--- title: Toyota description: The Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha KK, IPA: [toꜜjota], English: /tɔɪˈoʊtə/, commonly known as Toyota) is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. --- [Back to home](https://www.toriiventures.com/en/knowledge) - [ Pets ](https://www.toriiventures.com/en/knowledge/pets) - [ Cats ](https://www.toriiventures.com/en/knowledge/pets#cats) - [ Cars ](https://www.toriiventures.com/en/knowledge/cars) - [ Toyota ](https://www.toriiventures.com/en/knowledge/cars#toyota) - [ Games ](https://www.toriiventures.com/en/knowledge/games) - [ Chess ](https://www.toriiventures.com/en/knowledge/games#chess) - [ Test ](https://www.toriiventures.com/en/knowledge/test) # Toyota ## The Toyota Motor Corporation (Japanese: トヨタ自動車株式会社, Hepburn: Toyota Jidōsha KK, IPA: [toꜜjota], English: /tɔɪˈoʊtə/, commonly known as Toyota) is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. It was founded by [Kiichiro Toyoda](https://en.wikipedia.org/wiki/Kiichiro_Toyoda) and incorporated on August 28, 1937. In 2017, Toyota's corporate structure consisted of 364,445 employees worldwide[[4]](https://en.wikipedia.org/wiki/Toyota#cite_note-fortune-5) and, as of December 2019, was the [tenth-largest company in the world by revenue](https://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue). Toyota is the largest automobile manufacturer in the world followed by [Volkswagen](https://en.wikipedia.org/wiki/Volkswagen_Group), based on 2020 unit sales.[[5]](https://en.wikipedia.org/wiki/Toyota#cite_note-yahoo-news-6)[[6]](https://en.wikipedia.org/wiki/Toyota#cite_note-2020-sales-7) Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, which it has done since 2012, when it also reported the production of its 200 millionth vehicle.[[7]](https://en.wikipedia.org/wiki/Toyota#cite_note-8) As of July 2014, Toyota was the largest listed company in Japan by [market capitalization](https://en.wikipedia.org/wiki/Market_capitalization) (worth more than twice as much as number 2-ranked [SoftBank](https://en.wikipedia.org/wiki/SoftBank_Corp.))[[8]](https://en.wikipedia.org/wiki/Toyota#cite_note-9) and by revenue.[[9]](https://en.wikipedia.org/wiki/Toyota#cite_note-10)[[10]](https://en.wikipedia.org/wiki/Toyota#cite_note-11) Toyota is the global market leader in sales of [hybrid electric vehicles](https://en.wikipedia.org/wiki/Hybrid_electric_vehicle), and one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe. Toyota is also a market leader in [hydrogen fuel-cell](https://en.wikipedia.org/wiki/Hydrogen_vehicle) vehicles. Cumulative global sales of Toyota and [Lexus](https://en.wikipedia.org/wiki/Lexus) hybrid passenger car models achieved the 15 million milestone in January 2020.[[11]](https://en.wikipedia.org/wiki/Toyota#cite_note-TMC15miHEVs-12) Its [Prius family](https://en.wikipedia.org/wiki/Prius_family) is the world's top-selling hybrid [nameplate](https://en.wikipedia.org/wiki/Nameplate) with over 6 million units sold worldwide as of January 2017.[[12]](https://en.wikipedia.org/wiki/Toyota#cite_note-TMC10miHEVs-13) The company was founded by [Kiichiro Toyoda](https://en.wikipedia.org/wiki/Kiichiro_Toyoda) in 1937, as a spinoff from [his father's](https://en.wikipedia.org/wiki/Sakichi_Toyoda) company [Toyota Industries](https://en.wikipedia.org/wiki/Toyota_Industries), to manufacture [automobiles](https://en.wikipedia.org/wiki/Automobiles). Three years earlier, in 1934, while still a department of Toyota Industries, it developed its first product, the [Type A engine](https://en.wikipedia.org/wiki/Toyota_Type_A_engine), and its first passenger car in 1936, the [Toyota AA](https://en.wikipedia.org/wiki/Toyota_AA). Toyota Motor Corporation produces vehicles under five brands, including the Toyota brand, [Hino](https://en.wikipedia.org/wiki/Hino_Motors), Lexus, [Ranz](https://en.wikipedia.org/wiki/Ranz), and [Daihatsu](https://en.wikipedia.org/wiki/Daihatsu). It also holds a 20.02% stake[[13]](https://en.wikipedia.org/wiki/Toyota#cite_note-14) in [Subaru Corporation](https://en.wikipedia.org/wiki/Subaru_Corporation), a 5.1% stake in [Mazda](https://en.wikipedia.org/wiki/Mazda),[[14]](https://en.wikipedia.org/wiki/Toyota#cite_note-15) a 4.9% stake in [Suzuki](https://en.wikipedia.org/wiki/Suzuki),[[15]](https://en.wikipedia.org/wiki/Toyota#cite_note-16) a 4.6% stake in [Isuzu](https://en.wikipedia.org/wiki/Isuzu), a 3.8% stake in [Yamaha Motor Corporation](https://en.wikipedia.org/wiki/Yamaha_Motor_Corporation), and a 2.8% stake in [Panasonic](https://en.wikipedia.org/wiki/Panasonic), as well as joint-ventures with two in China ([GAC Toyota](https://en.wikipedia.org/wiki/GAC_Toyota) and [Sichuan FAW Toyota Motor](https://en.wikipedia.org/wiki/Sichuan_FAW_Toyota_Motor)), one in India ([Toyota Kirloskar](https://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor)), one in the Czech Republic ([TPCA](https://en.wikipedia.org/wiki/Toyota_Peugeot_Citro%C3%ABn_Automobile_Czech)), one in the United States ([MTMUS](https://en.wikipedia.org/wiki/Mazda_Toyota_Manufacturing_USA)), along with several "nonautomotive" companies.[[16]](https://en.wikipedia.org/wiki/Toyota#cite_note-Toyota:_Non-Automotive-17) TMC is part of the [Toyota Group](https://en.wikipedia.org/wiki/Toyota_Group), one of the largest conglomerates in the world.[[17]](https://en.wikipedia.org/wiki/Toyota#cite_note-18) Toyota is listed on the [London Stock Exchange](https://en.wikipedia.org/wiki/London_Stock_Exchange), [New York Stock Exchange](https://en.wikipedia.org/wiki/New_York_Stock_Exchange) and [Tokyo Stock Exchange](https://en.wikipedia.org/wiki/Tokyo_Stock_Exchange).