TOYOTA BOSHOKU CORPORATION [3116.T]
TOKYO, May 18 (Pulse News Wire) – Toyota Boshoku Corporation (3116.T) reported that Toyota Motor Corporation holds 32.44% of its voting rights as of March 31, 2026. Toyota Boshoku primarily sells automotive parts to Toyota Motor, accounting for a sales ratio of 79.577%.
Despite the high dependency, Toyota Boshoku maintains independent pricing strategies for transactions, considering market prices and total costs. The company believes this approach ensures a balance between collaboration and independence within the Toyota group.
Toyota Motor's strong and stable trading relationship provides significant benefits but also poses risks due to potential fluctuations in automobile sales trends affecting Toyota Boshoku’s performance and financial status. In the fiscal year ending March 31, 2026, Toyota Boshoku had trade receivables of 478,328 million yen and trade payables of 79,577 million yen related to automotive part transactions with Toyota Motor.
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