1-1 Toyoda-cho, Kariya-shi, Aichi 448-8651, Japan

https://www.toyota-boshoku.com/global/

This booklet is printed on FSC® certified paper using for forest and environment preservation.

Offer “QUALITY OF TIME AND SPACE” in all mobility

At Toyota Boshoku, we regard mobility as much more than a means of transportation. For us, mobility is also aspace, and we endeavor to bring more comfort, more fulfillment to the space itself and the time spent there.

With this in mind, the Toyota Boshoku group offers solutions for automobile interiors and other spaces, whileleveraging our strengths in R&D, MONOZUKURI 1 and HITOZUKURI 2 to expand our operations globally.
1. Manufacturing and craftsmanship
2. Human resources development to realize Principles of Toyoda

Contents
3

Management concept / Philosophy

4To our stakeholders

5

About us

7

Business domains

9The identity of the Toyota Boshoku group

13 Sustainability
15 Global network
17 Corporate outline

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TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

2

Management concept

Our philosophy, which has been converted into easily understoodphrases in order to ensure that the Principles of Toyoda are widelypracticed among our company members and clarified as thevalue provided to our stakeholders

To OurPrinciplesof Toyoda

Toyota Boshoku’s company belief, which stipulates the founding spirit ofSakichi Toyoda, “for the world and for people,” as our daily motto

Stakeholders

Corporate Philosophy

Code of Conduct

TB WayA guide to the basic conduct we expect in ourbusiness activities

Our management beliefs, values, and behavioral
principles in concrete terms

VisionThe company we aim to become, based on ourvalues and philosophy

Toyota Boshoku Group’s Materiality

Mid-term Business Plan

In order to realize the Vision, the approach we adopt
to resolve the important issues we have identified tobe prioritized through our business operations fromamong a variety of social issues

Continuing to be a reliable
company of choice

A plan that shows in detail how we will work towardrealizing our materiality
Business Plan

Revenue Plan

Resources Plan

Annual Global
Hoshin (Policy)

Annual ProfitPlan

AnnualResources Plan

For over 100 years, the Toyota Boshoku group has been engaged
in operations while continuing to hand down the founding spiritof Sakichi Toyoda, “for the world and for people.”
We hope to contribute more than ever to solving various

Philosophy

social issues by maximizing the Identity of the Toyota Boshoku
group—R&D, MONOZUKURI (manufacturing and craftsmanship)and HITOZUKURI (human resources development)—and to be areliable company of choice.
It is my wish to make Toyota Boshoku group a place wherePrinciples of Toyoda

these aspects resonate with others both outside and inside theHanding down the spirit of Sakichi Toyoda (established in 1935)

company, and where people do not simply consider us to be aAlways be faithful to your duties, thereby contributing to the company
and to the overall good.

“good” company, but say, “Toyota Boshoku is the best.”
By sharing with our company members the idea of always

Always be studious and creative, striving to stay ahead of the times.

being humble and grateful, without pretense, which are qualities

Always be practical and avoid frivolousness.

I myself value, while also maintaining dialogue with ourAlways strive to build a homelike atmosphere at work that is warmand friendly.
Always have respect for spiritual matters, and remember to be gratefulat all times.

stakeholders, we will work for the betterment of the Toyota
Boshoku group as we look toward the next 100 years ofour development.
Sakichi Toyoda

Masayoshi Shirayanagi
President

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TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

4

About Us

Approximately 50,000 employees
Operations in 26 countries and regions
Operating globally, Toyota Boshoku is a corporate groupwith approximately 50,000 company members. We arecommitted to delivering the best possible life with mobility
for customers around the world, while staying true to ourR&D

philosophy, which originates in the Principles of Toyoda.

Number of employees

HITOZUKURI

52,041MONOZUKURI

Number of group companies (including Toyota Boshoku)

Going beyond automobiles
to add value to all spaces
Our mobility solutions are primarily designed forautomobiles as well as aircraft, trains, and othervehicles. In the coming years, we will expand thevalue we provide to include all kinds of spaces

93

The identity ofthe Toyota Boshoku group thatdrives our sustainable growth

Revenue (consolidated)

1,421.4

The development of people is at the heart ofmanufacturing, which is why the Toyota Boshoku

billion yen

such as housing, smart cities, and connected
cities—indeed, all living and community spaces onthe planet.

group has consistently focused on customer-centric
HITOZUKURI and MONOZUKURI.
Our advanced R&D considers the presence

Operating profitof our products in people’s lives and aims to60.2

develop products that people respond to with abillion yen

greater sense of connection and love.

The information is current as of March 2022

5TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

6BusinessDomains

Seat Business

Automobile Seats

Seats

Interior &Exterior Business

Non-automobile SeatsSports seats(For automobile racing)

Seat frames

Executive lounge seats

Lexus LS seats

Railway seats

Aircraft seats(Photo provided by East Japan Railway Company)

Interior Components

Exterior
Components

Others(Textile Components)

Seatbelt
webbings

Bumpers

Illuminations

Door trims
Interior systems

Unit
Components Business

Fenderliners

Headliners

Filter Products

Seat fabrics

Curtain-shield
airbags

Plastic Parts for Internal Combustion Engine (ICE)● SeatAir inductionsystems● Interior & Exterior● Unit Components

Air filters

ForFCEVOil filters

Cabin air filters

MIROIntake manifolds(For horizontally opposedengine)

Air cleaners

Oil mist separators

Dust removing filters

Fuel cell stack

Protection filters(Fuel Cell Electric Vehicle)

Chemical filters

HEV(Hybrid Electric Vehicle)

BEV(Battery Electric Vehicle)

FC separators

Motor core

Lithium-ion batteries

Air cleaners

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TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

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The Identityof the Toyota Boshoku GroupWe provide value through advanced,
human-centered R&D powered by
HITOZUKURI and MONOZUKURI
This is the source of the Toyota Boshoku group’s value
creation, whereby we provide new solutions for mobility
spaces in response to diversifying customer needs.

R&DHITOZUKURIMONOZUKURI

R&D• Product development that considers thecustomers who will use the products

Pursuing “comfort” in mobility spaces based on“safety” and “environment”• Passion, sense of mission, tenacity• Global collaboration for better products• Innovation
In order to offer high-quality time and space inall forms of mobility, we take on the challengeof R&D with an insatiable curiosity and spirit ofinquiry, while staying ahead of the current
trends. We are committed to developing
high-quality and safe products with passion, asense of mission, and tenacity in a global
collaborative system that sets high goals andachieves them.

9TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile10• Customer First• Fusion of reasonable price, high-quality
products with cutting-edge technology• Kaizen (continuous improvement)• Find the root cause of a problem throughGenchi-Genbutsu (go, see & study)
It is important for us to always keep in mind
the end user’s perspective, with an awarenessof “B to B to C,” whereby we are trusted andchosen by customers. Based on the conceptthat people are the foundation ofMONOZUKURI, we promote manufacturingwith an emphasis on HITOZUKURI. We willcontinue to set ourselves the challenge ofdeveloping environmentally sound production
and manufacturing technologies for the next
100 years through a fusion of reasonable
price, high-quality products with
cutting-edge technology.

MONOZUKURI

Cultivated over 100 years, creating“affection” based on “trust” and “reassurance”

HITOZUKURI

Combining and maximizing the power of 50,000
global members to support future value creation• Diverse values• Teamwork• Challenging spirit• Honest and sincere
The Toyota Boshoku group has a corporate
culture that respects diversity, where we learn
and grow together; and teamwork thatchallenges us to unite our minds with honesty
and sincerity. By fostering a challenging spiritthat leads to self-fulfillment and job
satisfaction, we aim to realize our vision ofdiverse human resources being drawn by theappeal of the Toyota Boshoku group, withcompany members working vibrantly in all
regions worldwide.

11TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

12

Sustainability
Continuing to play an essential role in society
by resolving social issues
We defined as our materiality the identification of important issues to beresolved through our business operations from among a variety of social
issues and the approach we adopt to resolve them.

Toyota Boshoku Group’s Materiality
Issues Relating to Safety, Environment, and Comfort to Resolve through Our Business Operations

123

As an Interior Space Creator, we will contribute to people’s quality of life,
creating comfort, safety, and reassurance through innovation
Using our established technical capability,we will contribute to realize a society withno traffic casualties through providing products that assure safety
Together with our business partners, we will realize
MONOZUKURI innovations that minimize environmental stressIssues Relating to the People and Organizations that are Our Sources for Exercising Competitiveness4513

We will develop people capable of contributing to society, who have diversevalues, a challenging spirit and understand the value of strong teamwork
We will continue to be a company of integrity trusted by all our stakeholders,inheriting our tradition of fairness and moral behavior to the next generation

TOYOTA BOSHOKU Corporate Profile

TOYOTA BOSHOKU Corporate Profile

14TheAmericas

20companies
Number ofemployees 12,795
Affiliates

Toyota Boshoku America, Inc.

Europe & Africa

GlobalNetwork
One global company with five regional hubs
The Toyota Boshoku group companies are divided into five regions—The Americas, Asia & Oceania,

Affiliates
Number ofemployees

10companies
5,819

Toyota Boshoku Europe N.V.

China

China, Europe & Africa and Japan—for optimal procurement, manufacturing and business operations.
Toyota Boshoku promotes the operation of integrated businesses within each region, with Regional

Affiliates

Management & Collaboration Hubs (RM&CH) serving as the core of operations.

Number ofemployees

18 companies
9,262

Toyota Boshoku
Corporation

Toyota Boshoku (China) Co., Ltd.

Europe & Africa
RegionRM&CH

The Americas
RegionEntities

Toyota Boshoku
America, Inc.

GlobalMainstay Hub

Toyota Boshoku
Europe N.V.

Optimal globalbusiness
operations

Asia & Oceania
RegionToyota Boshoku
Asia Co., Ltd.

Toyota Boshoku Asia Co., Ltd.

Japan
China Region

21companies
Number ofemployees 14,969

Toyota Boshoku(China) Co., Ltd.

Affiliates

Japan Region
Toyota Boshoku
CorporationToyota Boshoku plants
Production subsidiaries
Other subsidiaries
Affiliates

Asia & Oceania
Affiliates
Number ofemployees

23companies
9,196
The information is current as of March 2022

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TOYOTA BOSHOKU Corporate Profile

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WEBCorporate outline

Name

More detailed and up-to-date information
can be found on our website.

TOYOTA BOSHOKU CORPORATIONBusiness operations (1) Development of automotive interior systems;
and manufacture and sale of automotive interior products(2) Manufacture and sale of automotive filters and powertrain components(3) Manufacture and sale of other automotive components

Corporate website(4) Production and sale of textile products

https://www.toyota-boshoku.com/global/

ChairmanShuhei Toyoda

Vice Chairman

Naoki Miyazaki

President

Masayoshi Shirayanagi

Capital

8.4 billion yen

Founded1918

Established1950

Location

1-1 Toyoda-cho, Kariya-shi, Aichi 448-8651, Japan

Here we provide comprehensive information on the Toyota
Boshoku group. Visitors to the site can learn more about Toyota
Boshoku, including our business activities, R&D, ESG initiatives,
IR information, and employment opportunities.

Innovation at Toyota Boshoku

https://tech.toyota-boshoku.com/global/History

1918

Toyoda Boshoku Corporation founded

1943

Merged with Toyota Motor Co., Ltd. (currently Toyota Motor Corporation)

1950

Minsei Spinning Co., Ltd. established as a separate entity from Toyota Motor Co., Ltd.
(currently Toyota Motor Corporation)

1967

Company name changed to Toyoda Boshoku Corporation

2000

Merged with Toyota Kakoh Co., Ltd.

2004

Merged with Araco Corporation (car interior operations) and Takanichi Co., Ltd.

Here we introduce the Toyota Boshoku group's initiatives related toR&D. Visitors to the site can learn about Toyota Boshoku's
advanced technological capabilities—from our R&D strategy basedon the future outlook, to design and the latest concept cars—aswell as the targets we’re aiming for with these capabilities.

Team Breakthrough Creating the future through challenge and innovation

https://www.toyota-boshoku.com/global/teambreakthrough/Company name changed to Toyota Boshoku CorporationPerformance2015

Integrated the seat frame mechanism component businesses of Aisin Seiki Co., Ltd.
(now Aisin Corporation) and Shiroki Corporation into the Company

2018

Celebrated 100 years in business

Revenue (left axis)

Operating profit (left axis)

Team Breakthrough is a media site which introduces the Toyota
Boshoku group’s future-oriented thinking and most recent
initiatives, organized around the four themes of R&D, sustainability,people, and MONOZUKURI.

Hall of Our Steps (TOYOTA BOSHOKU Rekishi Mirai kan)

ROE (right axis)

Reservation Site（%）(Billions of yen)

1,50025

1,200209001510010505

https://reserva.be/toyotaboshoku/about (in Japanese)

The Hall of Our Steps conveys the history of Toyota Boshoku,
including the Principles of Toyoda, “For the world and forpeople,” and communicates both inside and outside thecompany our desire and determination to advance the future ofthe Toyota Boshoku group.
Reservation Site

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TOYOTA BOSHOKU Corporate Profile

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