TOYOTA MOTOR VIETNAM CO., LTD (CÔNG TY Ô TÔ TOYOTA VIỆT NAM) is a leading automobile manufacturer in Vietnam, specializing in the manufacturing, assembly, import, and trading of Toyota vehicles and automobile parts. Established on March 26, 2007, the company is registered with the Vinh Phuc Province Department of Planning and Investment as a foreign direct investment (FDI) enterprise. With a charter capital of USD 30.67 million, Toyota Motor Vietnam has played a vital role in the automotive industry, focusing on innovation, quality, and customer satisfaction.

The company is led by General Director Nakano Keita, a Japanese national who oversees a workforce of 2,200 employees. Toyota Motor Vietnam operates from its headquarters in Phuc Thang Ward, Phuc Yen City, Vinh Phuc Province, Vietnam, with additional branches in Hanoi and Binh Duong. As part of its business strategy, Toyota Motor Vietnam emphasizes Risk Management in vehicle production, ensuring high safety and quality standards in compliance with international regulations.

Financial Performance & Market Position

Despite its strong market presence, Toyota Motor Vietnam experienced a challenging fiscal year in 2024, reflecting a decline in key financial metrics. As of March 31, 2024, the company reported:

• Total assets of USD 361.78 million (-23.87% YoY)
• Total sales of USD 1.17 billion (-41.74% YoY)
• Net profit of USD 51.47 million (-63.18% YoY)
• Equity of USD 116.07 million (-42.25% YoY)
• Net worth of USD 109.49 million (-43.66% YoY)

The sharp decline in revenue and profitability was influenced by global economic factors, shifting consumer demand, and supply chain disruptions. However, Toyota remains committed to Private Financial Data analysis to optimize cost management and enhance operational efficiency.

Ownership & Strategic Partnerships

Toyota Motor Vietnam is backed by three major shareholders:

1. Toyota Motor Corporation (Japan) – 70%
2. Vietnam Engine and Agricultural Machinery Corporation (Vietnam) – 20%
3. KUO (Asia) PTE. LTD (Singapore) – 10%

These strategic partnerships allow the company to leverage global expertise while catering to local market demands. Toyota Vietnam's focus remains on manufacturing excellence, technological advancement, and sustainable business growth.

Industry Relevance & Business Verification

While Toyota Motor Vietnam does not engage in Business Verification Services, Vanguard Business Information (VBI) plays a crucial role in providing comprehensive business data, risk assessments, and verification solutions for companies operating in Vietnam. Businesses seeking reliable corporate insights can rely on VBI's expertise in financial due diligence and compliance checks, ensuring transparency in business dealings.

Future Outlook

Toyota Motor Vietnam is expected to adapt its strategies to revive sales performance, enhance production efficiency, and integrate advanced technologies. With a strong global reputation, the company remains a key player in Vietnam’s automotive sector, focusing on customer satisfaction, sustainability, and operational excellence.