Achieving our Mid-term Business Plan for FY2021 November 1, 2019 Toyota Tsusho Corporation １
Contents 1. Progress Report on Our Focus Areas P. 3 (1) African Growth Strategy P. 5 (2) Next Mobility Strategy P. 10 (3) Renewable Energy Strategy P. 15 2. Combination in Our Focus Areas P. 19 (1) Africa × Next Mobility P. 21 (2) Renewable Energy × Africa P. 22 (3) Next Mobility × Renewable Energy P. 23 3. TICAD 7 P. 24 2
1. Progress Report on Our Focus Areas (1) African Growth Strategy (2) Next Mobility Strategy (3) Renewable Energy Strategy 3
1. Progress Report on Our Focus Areas Africa Next Mobility Renewable Energy The largest electronic The leading company Presence in Africa device trading company of the domestic wind Footprint ： 54 countries Number of employees ： Approx.15,500 group in Japan power industry The final frontier Once-in-a-Century Increasing clean energy High growth potential transformational demand period Leveraging our strengths to pursue further growth in anticipated growth sectors 4
1. Progress Report on Our Focus Areas Africa Next Mobility Renewable Energy The largest electronic The leading company Presence in Africa device trading company of the domestic wind Footprint ： 54 countries Number of employees ： Approx.15,500 group in Japan power industry The final frontier Once-in-a-Century Increasing clean energy High growth potential transformational demand period Leveraging our strengths to pursue further growth in anticipated growth sectors 5
(1) African Growth Strategy ~Strengthening TOYOTA Business through Six Pillars~ ① ② ③ Strengthen Product Build KD (Knock-Down) Optimize Supply Network Lineup Business ④ ⑤ ⑥ Strengthen Total Fleet Strengthen TOYOTA Expand Value Chain Management (B2B) Operations (B2C) Image of targets of handling units New car market size New car market forecast approx.1,250 approx.1,500 （ Unit ： thousand units ） Number of units Our Company handled 200 FY2018 FY2019 FY2020 FY2021 Targeting sales volume growth of at least twice Africa’s combined GDP growth rate Strengthen TOYOTA business in Africa based on six pillars 6
(1) African growth strategy ～② Build KD (Knock-Down) Business ～ NIGERIA EGYPT （ CKD Production ） （ CKD Production ） KENYA （ CKD Production ） Ghana Ivory Coast （ SKD Production ） （ SKD Production ） RWANDA （ SKD Production ） : A country where our group is currently involved in production South Africa : A country that has just started considering production （ Production Support ） : A country that have begun to consider the addition of new models ※ 1 CKD : Abbreviation for Complete Knock Down. Assemble locally on a car that has been disassembled in parts. ※ 2 SKD : Abbreviation for Semi Knock Down Unlike CKD, it can be assembled by simple processing such as tightening bolts. Promote local production not only for automobile sales but also for market needs 7
(1) African Growth Strategy ～⑥ -1 Expand Value Chain ～ Potential of used vehicle market in Africa Unofficial used vehicle market (Vehicles that are inferior due to poor maintenance etc.) Official used vehicle market New vehicle market: Approx. 1.25mil vehicles New (Year 2018) Vehicle market Proactively serve the official used vehicle market to expand new vehicle market 8
(1) African growth strategy ～⑥ -2 Expand Value Chain ～ Parts/consumables stocked AUTOMARK AutoFast (Mainly manufactured by dealership service station TOYOTA Group) Develop a good-quality and Certified TOYOTA used Automotive maintenance inexpensive parts supply vehicle sales JV with TOTAL network Expanded in 7 countries 5 stores in Kenya 14 stores in 5 countries 30 countries (in 3 years) 60 stores 122 stores in 12 countries (in 3 years) in 11 countries (in 3 years) Expanding services to expand the automotive value chain 9
1. Progress Report on Our Focus Areas Africa Next Mobility Renewable Energy The largest electronic The leading company Presence in Africa device trading company of the domestic wind Footprint ： 54 countries Number of employees ： Approx.15,500 group in Japan power industry The final frontier Once-in-a-Century Increasing clean energy High growth potential transformational demand period Leveraging our strengths to pursue further growth in anticipated growth sectors 10
(2) Next Mobility Strategy ～ Network expansion ～ As of April, 2019 North America Japan 20 people 190people Europe, Middle East, East Asia Africa 5 people 25 people Asia, Oceania 20 people TOTAL 260 people Building Next mobility network globally 11
(2) Next Mobility Strategy ～ Progress Report ～ Promote collaboration with key players and start-ups S hared E lectric C onnected A utonomous ＆ Service Equity stake in Truck platooning Investment Investment in Fukuta Elec. & Mach. in Zipline Airbiquity Automotive software Toyotsu Lithium updating using mobile Drone logistics communications Lithium hydroxide business in Africa manufacturing business Create synergies/establish mass production technologies Become next-generation mobility market leader Seeking to become next-generation mobility market leader through building open business relationships 12
(2) Next Mobility Strategy ～ “Connected” Initiatives ～ Electronic devices Cameras Semiconductors Handling ADAS components* 1 OTA* 2 updates of automotive software Text data Security Image data Next-generation data center OTA software distribution* 2 Big data storage/analysis Development of new data-driven businesses Traffic data Optimal delivery Pre- *1 ADAS: Advanced Driver-Assistance Systems. planning maintenance *2 OTA: Over The Air. Updating of software via wireless communications. Aiming to provide infrastructure services that underpin future mobility services 13
(2) Next Mobility Strategy ～ Next Technology Fund No. 2 ～ Stimulate business creation with the use of new technologies and services that will Aim of drive society in the future fund Facilitate speedy investment decision-making in yet-to-be-developed markets Investment period: April 2019–March 2021 Overview Amount limit: 6 billion yen total in two years No. 1 fund track record (FY17-18): 8 approved projects for roughly 2 billion yen No. 2 fund track record (FY19-20): 4 approved projects for roughly 0.9 billion yen ( limit of 6 billion yen) ◆ Examples of previous investments Investment projects Grab (ride-hailing service) Track Magellan (high-precision positioning technology) record Nuvve (Vehicle to Grid) Kwansei Gakuin University (SiC quality-enhancement technology development) Zipline (drone development, delivery operations) UVeye (AI-based labor-saving vehicle-testing technology) Arithmer (AI-based personnel recruitment and digital transformation) 14
1. Progress Report on Our Focus Areas Africa Next Mobility Renewable Energy The largest electronic The leading company Presence in Africa device trading company of the domestic wind Footprint ： 54 countries Number of employees ： Approx.15,500 group in Japan power industry The final frontier. Once-in-a-Century Increasing clean energy high growth potential transformational demand period Leveraging our strengths to pursue further growth in anticipated growth sectors 15
(3) Renewable Energy Strategy ~Accelerate Global Expansion, Challenge into New Business Domains~ （ Region ） ① Accelerate global Expansion of expansion O New markets scale in the future v ・ Accelerate initiatives in e A countries where use of renewable energy is r undeveloped s Existing markets e ・ Accumulate projects B a as an earnings s foundation J ② a ・ Accumulate FIT ・ Lay groundwork for new growth, Challenge C p new earnings sources projects as TTC into new ・ Prepare for post-FIT, earnings foundation a business build know-how domains n Micro hydro, biomass, (Business domains) Terrestrial wind power, offshore wind power, solar power VPP business 16
(3) Renewable Energy Strategy ~Accelerate global expansion~ B ＜ Europe ＞ Wind Power Construction started in October 2019 Solar Power ・ Construction of three wind power plants Under construction and power generation in the Netherlands (150MW) Developing C <Japan> ・ Hokkaido project proceeding as scheduled ( operation starts FY2023 ) A <Africa> Operation Started in October 2019 ・ First wind power generation in Egypt (262.5MW) As of end of Oct, 2019 In addition to existing countries, Develop renewable energy business in industrialized countries and Africa 17
(3) Renewable Energy Strategy ~ Development of Eurus onshore wind power and solar power in the next three years~ Europe Units：MW 1,050 1,250 Japan North and South America 1,050 1,000 650 600 Asia/Oceania Africa 450 250 200 0 ： Total power generation at the end of March 2019 (actual results ） ： Total power generation as of the end of March 2022 (target ） Develop a well-balanced renewable energy business around the world 18
2. Combination in Our Focus Areas (1) Africa × Next Mobility (2) Renewable Energy × Africa (3) Next Mobility × Renewable Energy 19
Recommend
More recommend
