Toyoda Gosei has decided to dissolve Toyoda Gosei Star Light (Tianjin) Automotive Parts, its wholly owned subsidiary in China engaged in the manufacture and sale of automotive weatherstrip products, as part of efforts to reform the profit structure of its Chinese operations. Production will end in December 2025, with liquidation to be completed by December 2026. Amid dramatic changes in...
Toyoda Gosei has invested in KG Motors, a startup developing and manufacturing compact battery electric vehicles (BEVs) for single-passenger use. KG Motors aims to promote economical and environmentally friendly mobility suited to short-distance travel in regions where maintaining public transportation has become difficult due to depopulation. Centering on its proprietary monocoque body technology — a lightweight, high-rigidity vehicle structure integrating...
Toyoda Gosei announced its financial results for the first quarter (April to June 2025) of the fiscal year ending March 31, 2026. Although revenue declined, the company achieved higher operating profit due to factors such as increased sales volume and improvements in cost efficiency. Consolidated revenue for the quarter was 260.42 billion yen ($1.77 billion), a 1.5% decrease compared to...
Toyoda Gosei has invested in Helical Fusion, a startup focused on commercializing nuclear fusion power generation, seen as a promising future energy source. Nuclear fusion power generates high-output energy from CO2-free nuclear reactions, using abundant fuel sources like deuterium found in seawater. Considered easier to control than nuclear fission used in traditional nuclear power, it is driving a global race...
Toyota Gosei has collaborated with KNOT, a bouldering gym located in Nagoya’s Endoji shopping district near Nagoya Station, to launch an outdoor pouch made from hard-to-recycle airbag fabric and seatbelt scraps. The pouch is designed to hold small items such as bouldering chalk, mobile batteries, or makeup supplies, making it suitable as a bag-in-bag accessory. The silicone-coated airbag fabric offers...
Toyoda Gosei’s financial performance for the fiscal year ending March 2025 (April 2024-March 2025) under International Financial Reporting Standards recorded revenue of 1,059.80 billion yen ($7.25 billion), down 1.1% from the previous year, operating profit of 59.84 billion yen, down 11.6%, and net profit of 36.33 billion yen, down 29.4%. Factors affecting operating profit included profit increases from cost improvements...
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