TOYODA GOSEI CO., LTD.
7282・Prime Market・Transportation Equipment
Japan
Core segment forming the domestic manufacturing and sales base of Toyoda Gosei
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (external customers) | ¥447,868 million | ¥402,678 million | ↑ |
| Operating profit | ¥23,529 million | ¥11,430 million | ↑ |
| Revenue year-on-year change rate | +11.1% | — | ↑ |
| Operating profit year-on-year change rate | +105.9% | — | ↑ |
Business Details
Toyoda Gosei Co., Ltd. and its domestic consolidated subsidiaries operate as an independent management unit in this segment. It manufactures and sells a wide range of automotive parts, including Safety System Products such as airbags and steering wheels, Interior & Exterior Parts such as instrument panels, Functional Parts such as resin fuel filler pipes, and Weatherstrip Products. The main customer is Toyota Motor Corporation and its subsidiaries, and this core segment accounts for approximately 39% of the group's total revenue.
Recent Overview
Both revenue and profit increased significantly due to higher customer production volumes and cost improvements
In the Japan segment for FY2026 (ending March 2026), revenue increased to ¥447,868 million (up 11.1% year on year) due to an increase in customer production volumes and other factors. Operating profit more than doubled to ¥23,529 million (up 105.9% year on year), driven by increased sales volume effects and cost improvements. In addition, the full consolidation of Ashimori Industry Co., Ltd. as a wholly owned subsidiary strengthened the development structure for the Safety System business. Deployment of decarbonization-related products, such as the adoption of high-pressure hydrogen tanks in large trucks, is also materializing.
Key Products
Growth Drivers
- Increased sales volume effect from higher production volumes at customers (Toyota Motor Group) (revenue up 11.1% year on year)
- Improved profit margin through continued cost improvement activities (operating profit up 105.9% year on year)
- Acceleration of integrated seat belt and airbag development through the full consolidation of Ashimori Industry as a wholly owned subsidiary
- Expansion of decarbonization-related new products, including increased adoption of high-pressure hydrogen tanks in commercial vehicles
- Mass production of high-value-added products such as front center airbags and specially shaped steering wheels for steer-by-wire systems
- Building a circular business model through proprietary recycling technology (rubber parts and recycled plastic from scrapped vehicles)
Risks
- High dependence on fluctuations in production volumes of customers (Toyota Motor Group)
- Pressure of rising fixed costs due to domestic wage increases (impact of pay raises)
- Risk of product portfolio transition due to uncertainty in the pace of BEV adoption
- Risk of production fluctuations caused by certification issues and other factors at domestic automakers
- Risk of geopolitical factors such as US tariff policy spreading to the domestic supply chain
- Occurrence of goodwill-related amounts (negative goodwill of ¥5,252 million recorded) and integration costs (acquisition-related costs of ¥691 million) associated with the Ashimori Industry integration
Last updated: June 17, 2026