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<?xml version="1.0" encoding="UTF-8"?> <rss version="2.0"> <channel> <title>Toyota Tsusho Corporation l Press Room</title> <link>https://www.toyota-tsusho.com/english/</link> <description>Toyota Tsusho's Press Release</description> <language>en</language> <lastBuildDate>Tue, 19 Nov 2024 14:00:26 +0900</lastBuildDate> <generator>PowerCMS Platform 6.3.8009</generator> <item> <title>Toyota Tsusho to Expand Wind Power Plant under Construction in Egypt by 150 MW- To Build Africa's Largest 654 MW Wind Power Facility -</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho") together with <a href="https://www.eurus-energy.com/en/" target="_blank">Eurus Energy Holdings Corporation</a> ("Eurus Energy"), one of the Toyota Tsusho Group companies engaged in wind power business, is constructing the Gulf of Suez Wind Farm II (a power generation capacity of 504 MW) in the Arab Republic of Egypt ("Egypt"). Toyota Tsusho announced today that in line with the Egyptian government's policy to raise the portion of renewable energy generation to 42% of total power sources by 2030, Toyota Tsusho has revised the project plan by increasing capacity by 150 MW to achieve a total capacity of 654 MW. This will make the Gulf of Suez Wind Farm II the largest wind farm in Africa in terms of installed capacity. Furthermore, the expansion will include the installation of 20 wind turbines generators with 7.5 MW which are the largest-class onshore wind generators in the world. Located in the Gulf of El Zayt along the Gulf of Suez, the wind farm is being developed by four companies: Toyota Tsusho, Eurus Energy, France-based independent power producer Engie S.A., and Egypt's Orascom Construction PLC. The construction commenced in March 2023, and commercial operation for the expanded capacity is scheduled to begin in August 2025. The generated electricity will be supplied to the Egyptian Electricity Transmission Company under a 25-year power purchase agreement upon completion. The Gulf of Suez Wind Farm I is in operation in the same area (a power generation capacity of 262.5 MW, commenced commercial operation in October 2019), making the Gulf of Suez Wind Farm II Toyota Tsusho Group's second wind power project in Africa. Combined, these plants will provide a total wind power capacity of 916.5 MW, contributing to the expansion of renewable energy in Egypt and its economic development. Under the key message, "for the future children of Africa," the Toyota Tsusho Group remains dedicated to conducting green business initiatives that solve challenges in society and support Africa's economic growth.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241119_006487.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/202411181400_top.jpg" length="15364" type="image/jpeg" /> <pubDate>Tue, 19 Nov 2024 14:00:00 +0900</pubDate> </item> <item> <title>Toyota Tsusho Invests in LOGIQUEST, a Last Mile Delivery Business</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho") announced today that in October 2024 it invested in <a href="https://logiquest.co.jp/" target="_blank" class="util-link--blank">LOGIQUEST INCORPORATED</a> ("LOGIQUEST"), a company that operates a last mile delivery business, in order to expand business.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241108_006481.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Fri, 08 Nov 2024 14:00:00 +0900</pubDate> </item> <item> <title>Launch of Public Road Demonstration Tests of Autonomous Driving Technology Utilizing Heavy-duty Trucks on the Shin-Tomei Expressway</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho"), Advanced Smart Mobility Co., Ltd. ("Advanced Smart Mobility"), Nippon Koei Co., Ltd. ("Nippon Koei"), and Mizuho Research & Technologies, Ltd. ("Mizuho Research & Technologies") have been contracted by the Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure and Tourism (MLIT) in fiscal 2021 to perform the "Efforts to commercialize high-performance trucks on expressways (Theme 3)"*1 of the "Project on Research, Development, Demonstration and Deployment (RDD&D) of Automated Driving toward the Level 4*2 and its Enhanced Mobility Services (RoAD to the L4)." In addition, most recently, the four companies have been working toward the social implementation of Level 4 autonomous driving trucks, including being selected as Demonstration Experiment of Autonomous Driving Truck by Roadside-to-Vehicle Coordination on Expressway."*3 The above four companies, along with four commercial vehicle manufacturers - Isuzu Motors Limited ("Isuzu"), Hino Motors, Ltd. ("Hino"), Mitsubishi Fuso Truck and Bus Corporation ("MFTBC"), and UD Trucks Corporation ("UD Trucks") announced today that the commencement of driving tests using heavy-duty trucks with automated driving technology on the Shin-Tomei Expressway.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241105_006479.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Tue, 05 Nov 2024 11:00:00 +0900</pubDate> </item> <item> <title>2nd Quarter of Fiscal year ending March 31,2025</title> <description><![CDATA[Toyota Tsusho announced financial results for 2nd Quarter of Fiscal year ending March 31, 2025. Below are the main items of Consolidated Results based on IFRS. <div class="tblWrap01 scrolling"> <table class="tblLayout01 w75per"><colgroup> <col class="w31per" span="1"> <col class="w23per" span="3"> </colgroup> <thead> <tr><th class="cellLv2" style="text-align: left;" scope="col">(Unit: Billion yen)</th><th class="cellLv2" scope="col"> FY2023 1-2Q </th><th class="cellLv2" scope="col"> FY2024 1-2Q </th><th class="cellLv2" style="text-align: center;" scope="col">Change</th></tr> </thead> <tbody> <tr> <td>Gross profit</td> <td style="text-align: right;">520.5</td> <td style="text-align: right;">542.5</td> <td style="text-align: right;">+22.0</td> </tr> <tr> <td>Operating profit</td> <td style="text-align: right;">233.1</td> <td style="text-align: right;">247.9</td> <td style="text-align: right;">+14.8</td> </tr> <tr> <td>Profit before income taxes</td> <td style="text-align: right;">254.1</td> <td style="text-align: right;">268.1</td> <td style="text-align: right;">+14.0</td> </tr> <tr> <td>Profit attributable to owners of the parent</td> <td style="text-align: right;">177.7</td> <td style="text-align: right;">181.5</td> <td style="text-align: right;">+3.8</td> </tr> </tbody> </table> </div>]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241031_006477.html</link> <pubDate>Thu, 31 Oct 2024 16:00:00 +0900</pubDate> </item> <item> <title>Announcement of Tender Offer for Shares of Elematec Corporation (Securities Code: 2715)</title> <link>https://www.toyota-tsusho.com/english/press/upload_files/202410291700_en.pdf</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/ir.jpg" length="15557" type="image/pjpeg" /> <pubDate>Tue, 29 Oct 2024 17:00:00 +0900</pubDate> </item> <item> <title>Toyota Tsusho Group to Exhibit at Messe Nagoya 2024</title> <description>Toyota Tsusho Corporation ("Toyota Tsusho") announced today that the eight companies of Toyota Tsusho and its Group companies TAS Corporation, Toyota Tsusho Facilities Co., Ltd., Toyotsu Machinery Corporation, NEXTY Electronics Corporation, Toyotsu Unifashion Co., Ltd., Toyota Tsusho Insurance Partners Corporation, and a capital and business alliance partner Flora Co., Ltd., will exhibit at one of Japan's largest cross-industry trade fairs, Messe Nagoya 2024, which will be held from October 30 (Wed) to November 1 (Fri), 2024. The companies will showcase and introduce products and services centered around the exhibition theme, "Carbon Neutrality and the Environment."</description> <link>https://www.toyota-tsusho.com/english/press/detail/241017_006470.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Thu, 17 Oct 2024 14:00:00 +0900</pubDate> </item> <item> <title>Toyota Tsusho Commences Operation of Used Car Auction Information Service TOYOTA TSUSHO AUCTION- Expanding Exports of Japanese Used Cars to Africa and Other Used Car Markets -</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho") announced today that it will begin operating TOYOTA TSUSHO AUCTION ("TTA"), a service providing information on used car auctions, on October 8, with the aim of expanding export for the used car market in emerging countries, including those in Africa. In operating TTA, Toyota Tsusho will connect information on vehicles listed at auto auctions held by its domestic partners via Toyota Tsusho's system to Carused.jp, the e-commerce site of Carpaydiem Co., Ltd. ("Carpaydiem"), a group company engaged in the used car export business. This makes it possible for overseas customers to view information on vehicles listed at auto auctions provided by TTA via Carused.jp and make bidding requests and purchases. ]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241008_006468.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/202410081400_top.jpg" length="22936" type="image/jpeg" /> <pubDate>Tue, 08 Oct 2024 14:00:00 +0900</pubDate> </item> <item> <title>Eurus Energy Holdings and Terras Energy to be Integrated</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho") announced today that its wholly owned subsidiaries, <a href="https://www.eurus-energy.com/en/" target="_blank" class="util-link--blank">Eurus Energy Holdings Corporation</a> ("Eurus Energy") and <a href="https://www.terras-energy.com/en/" target="_blank" class="util-link--blank">Terras Energy Corporation</a> ("Terras Energy") will integrate their management on April 1, 2025, with Eurus Energy as the surviving company. Through the integration of the two companies, Eurus Energy will operate in 16 countries and regions and become Japan's No. 1 power generation company with a total wind and solar power capacity of 4,332 MW (as of the end of September, 2024). By combining the respective strengths of Eurus Energy and Terras Energy, Eurus Energy aims to lead the way in achieving carbon neutrality and becoming a renewable energy company that continues to be selected globally.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/241003_006465.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Thu, 03 Oct 2024 14:00:00 +0900</pubDate> </item> <item> <title>Integrated Report 2024</title> <link>https://www.toyota-tsusho.com/english/ir/library/integrated-report/</link> <pubDate>Mon, 30 Sep 2024 16:57:13 +0900</pubDate> </item> <item> <title>Toyota Tsusho Enters Strategic Partnership with U.S. Cybersecurity Company Keyfactor</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho") announced today that on September 9, 2024, it has signed a strategic partnership with Keyfactor, Inc. ("Keyfactor"), a U.S. cybersecurity company, to expand its business into a wide range of industries that require cybersecurity measures by utilizing Public Key Infrastructure (PKI) . Toyota Tsusho is the first Japanese company to enter this partnership with Keyfactor. PKI is a technology that uses "keys" and "digital certificates" to prevent eavesdropping, tampering, and spoofing of communications and data and is used in all devices and software that require protected authentication and encryption of data and communications. The scope of its application is expected to expand further in the future. Toyota Tsusho, together with its wholly owned subsidiary, Toyota Tsusho Systems Corporation ("Toyota Tsusho Systems"), began providing PKI services to the automotive industry in 2019. In 2023, Toyota Tsusho signed an agency agreement with Keyfactor, and since then, it has been providing customers with a comprehensive service that includes issuing digital certificates as well as managing the company's systems and operations. In addition, Keyfactor has over 20 years of experience in PKI technology development and develops and provides its own software and hardware services, including EJBCA*. Its services have been adopted by over 1,500 companies in the fields of finance, automobiles, and government, and it has a track record of issuing over one billion digital certificates. Through this partnership, Toyota Tsusho will accelerate the expansion of its cybersecurity business centered on PKI by combining Toyota Tsusho Systems' global network and IT engineering structure with Keyfactor's excellent cryptographic technology development capabilities. By enabling a flexible system development in line with customer needs, Toyota Tsusho will further strengthen its automotive cybersecurity. At the same time, Toyota Tsusho will provide services not only domestically but globally to industries that require cybersecurity measures in the future, including agricultural machinery, construction machinery, and other non-automotive mobility, as well as healthcare. Toyota Tsusho will promote the social implementation of cryptographic technology centered on PKI and contribute to the construction of digital infrastructure that will realize a safe, secure, and friendly future. *Enterprise JavaBeans Certificate Authority: the world's most used PKI software that provides certificate authority functions for issuing, revoking, and managing digital certificates. Developed by PrimeKey Soltuions AB, a subsidiary of Keyfactor. <img alt="202409101400_01.jpg" src="https://www.toyota-tsusho.com/english/press/upload_files/202409101400_01.jpg" width="800" height="536" class="mt-image-center" style="text-align: center; display: block; margin: 0 auto 20px;"> The signing ceremony From left：Eiji Matsuzaki（CEO for Toyota Tsusho Digital Solutions Division）、Jordan Rackie　（CEO for Keyfactor）、Hirotoshi Watanabe（CEO for Toyota Tsusho Systems）]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/240910_006458.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/202409101400_top.jpg" length="22645" type="image/jpeg" /> <pubDate>Tue, 10 Sep 2024 14:00:00 +0900</pubDate> </item> <item> <title>Establishment of a Joint Venture Company for Local Production of Automotive Press Parts in South Africa ~Contributing to Improved Local Procurement Ratio and Job Creation in the Region~</title> <description><![CDATA[Toyota Tsusho Africa ("TTAF"), a group company of Toyota Tsusho Corporation, in collaboration with Ogihara Thailand Company ("OTC"), has established Ogihara South Africa ("OSA") in the Republic of South Africa ("South Africa") which will manufacture automotive press parts for Toyota South Africa Motors ("TSAM"). The joint venture is 49% owned by TTAF and 51% by OTC.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/240826_006455.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/202408261400_top.jpg" length="33147" type="image/jpeg" /> <pubDate>Mon, 26 Aug 2024 14:00:00 +0900</pubDate> </item> <item> <title>Participation in 100MW Solar Photovoltaic IPP Projects in Tunisia ～Our first renewable energy projects in the country ～</title> <description><![CDATA[Toyota Tsusho Corporation ("Toyota Tsusho"), through its group company <a href="https://www.toyota-tsusho.com/english/press/detail/240405_006385.html" target="_blank" class="util-link--blank">AEOLUS SAS</a> ("AEOLUS"), which is engaged in renewable energy business in Africa, will participate in two independent power producer (IPP) projects to construct, own, operate 100MW solar power plants and sell electricity in the Republic of Tunisia ("Tunisia"). This will be Toyota Tsusho's first renewable energy project in the country, and the first project for Aeolus since its establishment.]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/240806_006449.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Tue, 06 Aug 2024 11:00:00 +0900</pubDate> </item> <item> <title>Notice Regarding Update on Carbon Neutrality Roadmap 2030 </title> <description><![CDATA[<div class="OutlineElement Ltr SCXW13133673 BCX9"> To contribute to the transition to a decarbonized society, Toyota Tsusho Corporation is aggressively promoting initiatives that will lead to carbon neutrality by forming working groups within the company, focusing on the five areas in which we can leverage our strength: Renewable Energy & Energy Management*1, Batteries, Hydrogen & Carbon Neutral Fuel, Resource Circulation & 3R*2, and Economy of Life*3 Accordingly, we have updated the Carbon Neutrality Roadmap 2030 that was formulated in November 2021 to further accelerate our initiatives toward achieving carbon neutrality, Please <a href="https://www.toyota-tsusho.com/english/sustainability/environment/pdf/Roadmap2030_en.pdf" target="_blank" class="util-link--blank">click here</a> for details. In the previous roadmap, Toyota Tsusho announced that it would proceed 1.6 trillion scale investment for the 10-year period from 2021 to 2030 to realize a decarbonized society. In the updated roadmap, we have added 400 billion yen, bringing the total to 2 trillion yen scale investment*4. In particular, 300 billion yen of the additional 400 billion yen will be allocated to the "renewable energy and energy management" area, bringing the total investment to around 1 trillion yen by 2030. <table class="tblLayout01 wFull"><colgroup><col class="w25per" span="4"></colgroup> <thead> <tr><th>Focus area</th><th> Scale of investment (Announced Nov. 4, 2021) </th><th>Scale of investment （Currently announced）</th><th>Difference</th></tr> </thead> <tbody> <tr><th style="text-align: center;">Renewable Energy & Energy Management</th> <td style="text-align: center;">700 billion yen</td> <td style="text-align: center;">1 trillion yen</td> <td style="text-align: center;">+300 billion yen</td> </tr> <tr><th style="text-align: center;">Batteries</th> <td style="text-align: center;">400 billion yen</td> <td style="text-align: center;">450 billion yen</td> <td style="text-align: center;">+50 billion yen</td> </tr> <tr><th style="text-align: center;">Hydrogen & Carbon Neutral Fuel</th> <td style="text-align: center;">200 billion yen</td> <td style="text-align: center;">200 billion yen</td> <td style="text-align: center;">-</td> </tr> <tr><th style="text-align: center;">Resource Circulation & 3R</th> <td style="text-align: center;">200 billion yen</td> <td style="text-align: center;">250 billion yen</td> <td style="text-align: center;">+50 billion yen</td> </tr> <tr><th style="text-align: center;">Economy of Life</th> <td style="text-align: center;">100 billion yen</td> <td style="text-align: center;">100 billion yen</td> <td style="text-align: center;">-</td> </tr> <tr><th style="text-align: center;">Total</th> <td style="text-align: center;">1.6 trillion yen</td> <td style="text-align: center;">2 trillion yen</td> <td style="text-align: center;">+400 billion yen</td> </tr> </tbody> </table> In order to pass down a better global environment to the children of the future, we will expand our businesses that contribute to reducing greenhouse gas emissions by proactively investing in business areas in which we can leverage our strength and formulating and executing specific plans, thereby contributing to the world's transition to a decarbonized society. *1 Renewable energy & energy management *2 Rebuild, Reuse, Recycle *3 Healthcare, foodstuffs, and other businesses that are essential to daily life that enhance the quality of life </div>]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/240731_006446.html</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/news.jpg" length="21863" type="image/pjpeg" /> <pubDate>Wed, 31 Jul 2024 16:00:00 +0900</pubDate> </item> <item> <title>1st Quarter of Fiscal year ending March 31,2025</title> <description><![CDATA[Toyota Tsusho announced financial results for 1st Quarter of Fiscal year ending March 31, 2025. Below are the main items of Consolidated Results based on IFRS. <div class="tblWrap01 scrolling"> <table class="tblLayout01 w75per"><colgroup> <col class="w31per" span="1"> <col class="w23per" span="3"> </colgroup> <thead> <tr><th class="cellLv2" style="text-align: left;" scope="col">(Unit: Billion yen)</th><th class="cellLv2" scope="col"> FY2023 1Q </th><th class="cellLv2" scope="col"> FY2024 1Q </th><th class="cellLv2" style="text-align: center;" scope="col">Change</th></tr> </thead> <tbody> <tr> <td>Gross profit</td> <td style="text-align: right;">257.0</td> <td style="text-align: right;">275.6</td> <td style="text-align: right;">+18.6</td> </tr> <tr> <td>Operating profit</td> <td style="text-align: right;">113.7</td> <td style="text-align: right;">119.0</td> <td style="text-align: right;">+5.3</td> </tr> <tr> <td>Profit before income taxes</td> <td style="text-align: right;">132.7</td> <td style="text-align: right;">136.2</td> <td style="text-align: right;">+3.5</td> </tr> <tr> <td>Profit attributable to owners of the parent</td> <td style="text-align: right;">92.7</td> <td style="text-align: right;">95.8</td> <td style="text-align: right;">+3.1</td> </tr> </tbody> </table> </div>]]></description> <link>https://www.toyota-tsusho.com/english/press/detail/240731_006444.html</link> <pubDate>Wed, 31 Jul 2024 16:00:00 +0900</pubDate> </item> <item> <title>Notice Regarding Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation</title> <link>https://www.toyota-tsusho.com/english/press/upload_files/0d152e16344e2d13b854a96cd31eb0a3_1.pdf</link> <enclosure url="https://www.toyota-tsusho.com/english/press/upload_files/ir.jpg" length="15557" type="image/pjpeg" /> <pubDate>Fri, 19 Jul 2024 16:00:00 +0900</pubDate> </item> </channel> </rss>