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TOYODA GOSEI HAIPHONG CO., LTD.,

Active

Business ID 0200600678

84-225 / 3743 028

TOYODA GOSEI HAIPHONG CO., LTD.,

Active

Business ID 0200600678

84-225 / 3743 028

TOYODA GOSEI HAIPHONG CO., LTD.,

Active

Summary

Name:

TOYODA GOSEI HAIPHONG CO., LTD.,

Business ID (TIN):

0200600678

Date of Registration:

09 Sep 2004

Registered Office:

Hai Phong City Department of Planning and Investment

Address:

Lot M&K, Japan - Hai Phong Industrial Park, An Hung Ward, Hong Bang District, Hai Phong City, Vietnam

Phone:

84-225 / 3743 028

Financial Statement:

2020, 2021, 2022, 2023, 2024

TOYODA GOSEI HAIPHONG CO., LTD. (Vietnamese name: CÔNG TY TNHH TOYODA GOSEI HẢI PHÒNG) is one of the most established foreign-invested manufacturers in Vietnam’s automotive supply chain. Operating under Tax Code (TIN): 0200600678, the company was established in 2004 and has been active for over two decades. It operates from Lot M&K in the Japan-Hai Phong Industrial Park, and maintains a second branch in Tien Hai, Thai Binh Province.

Owned 95% by TOYODA GOSEI CO., LTD. and 5% by TOYOTA TSUSHO CORPORATION—both of Japan—the company forms a critical part of the Toyota ecosystem, producing airbags, steering wheels, and other motor vehicle components. Under the leadership of General Director Mr. Masami Suzuki, the firm now employs 6,000 workers, making it one of the larger employers in the northern industrial zone.

Financials: Fast Growth, Big Profit Turnaround

In the fiscal year ending March 2024, TOYODA GOSEI HAIPHONG delivered its strongest performance in recent years:

Sales reached USD 295.79 million, a 22.71% increase over 2023.
Net profit more than doubled to USD 15.13 million, up 124.02% year-over-year.
Total assets rose to USD 162.55 million, up 7.35%.
Equity increased to USD 108.7 million, reflecting a healthy, debt-conscious capital structure.
Working capital stood at USD 33.74 million, signaling solid liquidity.

These metrics show the company is not only growing in revenue but has also significantly improved operational efficiency and profit margins. After relatively modest profits in prior years, the 2024 surge indicates stronger demand, pricing leverage, or cost optimization.

Risks and Strategic Considerations

Despite the favorable numbers, TOYODA GOSEI HAIPHONG is heavily reliant on a single sector—automotive parts manufacturing, with a likely dependence on the Toyota group and related OEMs. This supplier concentration risk can be problematic during demand cycles, as global EV trends or supply chain shifts may affect order volumes.

Additionally, its products, including airbags and steering components, are highly regulated and safety-critical. Any quality or compliance failure could carry reputational and legal risks globally. The company must continuously invest in R&D, safety certifications, and quality assurance to maintain customer trust and contract continuity.

There’s also a geopolitical dimension: As a Japanese-owned entity operating in Vietnam, it could be exposed to regional trade tensions, labor regulation changes, or political shifts that affect FDI-friendly policies.

TOYODA GOSEI HAIPHONG CO., LTD. stands out as a high-performing and reliable industrial supplier, backed by two of Japan’s most reputable automotive companies. While the outlook is positive, stakeholders should acknowledge the narrow sector focus and operational risks inherent to the manufacturing of safety-critical parts. Vigilant oversight and continuous investment in compliance, diversification, and process stability will be key to sustaining its momentum.

For detailed risk ratings, supplier evaluations, and peer comparisons, consult VANGUARD BUSINESS INFORMATION LLC (VBI)—Vietnam’s trusted source for business intelligence.

Legal Profile

English Name:

TOYODA GOSEI HAIPHONG CO., LTD.,

Vietnamese Name:

CÔNG TY TNHH TOYODA GOSEI HẢI PHÒNG

Business ID (TIN):

0200600678

Date of Registration:

09 Sep 2004

Registered Office:

Hai Phong City Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

MASAMI S

Address:

Lot M&K, Japan - Hai Phong Industrial Park, An Hung Ward, Hong Bang District, Hai Phong City, Vietnam

Phone:

84-225 / 3743 028

Branch:

Lot F, Tien Hai Industrial Park, Tay Giang Commune, Tien Hai District, Thai Binh Province, Vietnam

Business Sector

Key business lines:

VSIC:

2930 Manufacture of parts and accessories for motor vehicles and other motor vehicles

NACE:

29.31 Manufacture of parts and accessories for motor vehicles

NAICS:

3363 Motor Vehicle Parts Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

5.34%

YoY (2023)

-0.39%

Companies by industry

Company distribution and propportions

992

0.0341%

Key Industry Players

Top 10 companies in manufacture of parts and accessories for motor vehicles and other motor vehicles industry

vietnam precision industrial joint stock company yamaha motor parts manufacturing vietnam co., ltd viet nam precision industrial no.1 co.,ltd harada industries vietnam limited hyundai kefico viet nam company limited fit voltaira vietnam limited liability company gentherm viet nam co., ltd bosch vietnam co., ltd global powersports manufacturing incorporation kolon industries viet nam co.,ltd

Payment History

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Financial Performance

Assets	-23.57%
Owner’s Equity	-21.03%
Working Capital	2.06%
Net Worth	-36.01%
Sales	-2.42%
Operating income	55.26%
EBIT	-92.88%
Gross Profit Margin	-3.41%
Debt to EBITDA	-1.76%

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Specific Questions About TOYODA GOSEI HAIPHONG CO., LTD.,

When did TOYODA GOSEI HAIPHONG CO., LTD., start operating?

TOYODA GOSEI HAIPHONG CO., LTD., was started in 09 Sep 2004

What industry does TOYODA GOSEI HAIPHONG CO., LTD., operate in?

TOYODA GOSEI HAIPHONG CO., LTD., is operating in "Manufacture of parts and accessories for motor vehicles and other motor vehicles" industry

How can I contact TOYODA GOSEI HAIPHONG CO., LTD.,?

TOYODA GOSEI HAIPHONG CO., LTD., phone numbers is 84-225 / 3743 028

What adverse news is there about TOYODA GOSEI HAIPHONG CO., LTD.,?

TOYODA GOSEI HAIPHONG CO., LTD.,’s has no negative news

What is stock symbol of TOYODA GOSEI HAIPHONG CO., LTD.,?

TOYODA GOSEI HAIPHONG CO., LTD., is not listed company

Where is the location of TOYODA GOSEI HAIPHONG CO., LTD.,?

TOYODA GOSEI HAIPHONG CO., LTD., is located at Lot M&K, Japan - Hai Phong Industrial Park, An Hung Ward, Hong Bang District, Hai Phong City, Vietnam

What is TOYODA GOSEI HAIPHONG CO., LTD.,’s business registration?

TOYODA GOSEI HAIPHONG CO., LTD., business registration is 0200600678

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TOYODA GOSEI HAIPHONG CO., LTD.,

TOYODA GOSEI HAIPHONG CO., LTD.,

TOYODA GOSEI HAIPHONG CO., LTD.,

Financials: Fast Growth, Big Profit Turnaround

Risks and Strategic Considerations

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TOYODA GOSEI HAIPHONG CO., LTD.,

TOYODA GOSEI HAIPHONG CO., LTD.,

TOYODA GOSEI HAIPHONG CO., LTD.,

Financials: Fast Growth, Big Profit Turnaround

Risks and Strategic Considerations

Company Profile Report

Company Standard Report

Comprehensive Report

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