ENVALITH
豊田通商株式会社 logo

TOYOTA TSUSHO CORPORATION

8015Prime MarketWholesale Trade

豊田通商株式会社 logo
TOYOTA TSUSHO CORPORATION8015

Metal+ (Plus)

Metal materials and processing business for Mobility, centered on automotive steel sheets

PeriodCurrentPreviousChange
Segment Revenue (Total)¥1,814,180 million¥1,913,584 million
Gross Profit¥109,034 million¥109,648 million
Profit for the Year (Attributable to Owners of the Parent)¥43,169 million¥43,472 million
Segment Assets¥771,684 million¥777,214 million
Depreciation and Amortization¥10,287 million¥10,376 million
Investments Accounted for Using the Equity Method¥23,690 million¥28,077 million
Share of Profit of Investments Accounted for Using the Equity Method¥2,119 million¥2,248 million
Capital Expenditure¥9,397 million¥8,544 million

Business Details

Handles processing, manufacturing, treatment, and sales of automotive steel sheets and aluminum plates, specialty steel sheets, stainless steel sheets, bar/pipe steel, electromagnetic steel sheets, building materials, and other key product categories. Major customers are automakers centered on the Toyota Motor group. The domestic automotive steel sheet business has been transferred to and consolidated within Toyotsu Metal Solutions Corp. (formerly Toyota Steel Center Co., Ltd.), driving expansion of business rights as the flagship of the steel supply chain for the Mobility industry. Decarbonization initiatives are also accelerating, including investment in electrolytic iron production, a raw material for Green Steel.

Recent Overview

Falling steel prices squeezed profit; profit for the year decreased ¥303 million (0.7%) year on year to ¥43,169 million

In the Metal+ (Plus) segment for FY2026 (ending March 2026), despite an increase in handling volume related to automobile production mainly in North America, profit for the year (attributable to owners of the parent) decreased ¥303 million (0.7%) year on year to ¥43,169 million due to falling steel prices and other factors. Total revenue also decreased from ¥1,913,584 million in the prior year to ¥1,814,180 million. On the other hand, the company continued strategic investment in decarbonization initiatives, including its April 2025 investment in Electra Steel Inc. (US) to support electrolytic iron production, a raw material for Green Steel.

Key Products

product
Automotive Steel Sheets & Aluminum Plates

Handles integrated procurement, processing, and sales of steel sheets and aluminum plates for automakers centered on the Toyota Motor group. Handling volume related to automobile production, mainly in North America, continues to increase.

product
Specialty Steel Sheets, Stainless Steel Sheets & Bar/Pipe Steel

Handles specialty steel sheets, stainless steel sheets, bar/pipe steel, and other products for industrial applications outside the automotive sector. Diversifies the revenue base by addressing a wide range of demand.

product
Building Materials

Sales business for steel materials for the construction and infrastructure sector. Has a different demand cycle from automotive applications, contributing to portfolio stabilization.

service
Green Steel Business

Invested in Electra Steel Inc. (US) in April 2025 to support electrolytic iron production, a raw material for Green Steel. Signed a memorandum of understanding with the Namibian government at TICAD9 in August 2025, accelerating the construction of a sustainable, integrated supply chain.

Growth Drivers

  • Increased handling volume related to automobile production, mainly in North America
  • Efficiency gains from transferring and consolidating the domestic automotive steel sheet business into Toyotsu Metal Solutions Corp. (formerly Toyota Steel Center Co., Ltd.)
  • Building a Green Steel supply chain and capturing new demand through investment in Electra Steel Inc. (US)
  • Expansion of a sustainable, integrated supply chain including Africa, such as through the memorandum of understanding signed with the Namibian government at TICAD9

Risks

  • Profit pressure from falling steel prices (a continuing major factor in the decrease in profit this period as well)
  • Risk of fluctuation in automobile production volumes (dependence on the major customer, the Toyota Motor group)
  • Changes to the free trade regime due to US tariff measures and their impact on North American automobile production
  • Risk of erosion of yen-denominated revenue due to yen appreciation

Last updated: July 6, 2026