Financial Services

Overview

Toyota Financial Services Corporation (TFS) manages financial services subsidiaries in Japan and overseas to provide financing for vehicle purchasing including vehicle loans and leases to approximately 8.6 million customers in 34 countries and regions worldwide.

Within Japan, in addition to vehicle loans, Toyota also provides local and sound financial services such as credit cards and home loans that meet consumer needs and expand its connections with customers. Overseas, Toyota is stepping up collaboration with national and regional distributors to offer financial products and services tailored to specific customer attributes.

Overview of Financial Services

Total assets
13,172.5 billion yen
Net revenues
1,100.3 billion yen
Operating income
306.4 billion yen
Business territories
34 countries and regions worldwide
No. of employees
Approximately 8,000 people

(As of March 31, 2012)

Year
Month
Events
1982
June
Toyota Finance Australia Ltd. (TFA) established
October
Toyota Motor Credit Corporation (TMCC) established
1985
November
Financial services selected during the process of investigating new business fields. Toyota Motor Corporation (TMC) established an administrative section within its Finance Division
1986
January
New Business Project Committee launched
1987
August
Toyota Motor Finance (Netherlands) B.V. (TMFNL) established
1988
April
Toyota Kreditbank GmbH (TKG) established
November
Toyota Finance Corporation established
November
Toyota Motor Finance UK (TMFUK) (now Toyota Financial Services (U.K.) Plc [TFSUK]) established
1989
July
Toyota Finance New Zealand Ltd. (TFNZ) established
1990
February
Chiyoda Fire Insurance Investment Advisor Co., Ltd. (now Toyota Asset Management Co., Ltd. [TAMCO]) established
February
Toyota Credit Canada Inc. (TCCI) established
1993
October
Toyota Leasing (Thailand) Co., Ltd. (TLT) established
1995
January
TMC launches the Toyota Card in collaboration with Million Card Service Co., Ltd. (currently Mitsubishi UFJ NICOS Co., Ltd.), JCB Co., Ltd., and UC Card Co., Ltd.
August
Toyota Finance Finland Oy (TFF) established
1996
January
Toyota Credit de Puerto Rico (TCPR) established
1997
May
Toyota Financial Services Italy (TFSI) established
June
Toyota Financial Services France (TFSF) established
July
Toyota Financial Services Norway (TFSN) established
1998
September
TMC and Toyota Finance Corporation established Business Planning Department to support entry into credit card business
September
Toyota Credit Argentina S.A. (TCA) (now Toyota Compania Financiera de Argentina S.A. [TCFA]) established
1999
January
Banco Toyota do Brasil S.A. (BTB) established
October
TMC transferred credit card business to Toyota Finance Corporation
Launch of new credit card announced
2000
February
Toyota Financial Services Sweden (TFSSW) established
March
Toyota Bank Polska S.A. (TBP) established
April
Toyota Financial Services South Africa (Pty) Ltd. (TFSSA) established
May
Toyota Financial Services Czech s.r.o. (TFSCZ) established
July
Toyota Financial Services Corporation established
Financial services subsidiaries including Toyota Financial Services Securities Corporation established
2001
April
TS CUBIC CARD launched
October
Toyota Services de Venezuela, C.A. (TSV) established
October
Toyota Services de Mexico, S.A. de C.V. (TSM) (now Toyota Financial Services Mexico, S.A. de C.V. (TFSMX) established
December
Shares in Seabanc GE Capital Sdn Bhd (now Toyota Capital Malaysia Sdn. Bhd. [TCAPM]) acquired
2002
March
Toyota Financial Services Denmark A/S (TFSDK) established
March
Toyota Financial Services Hungary Zrt. (TFSH) established
August
Toyota Financial Services Philippines Corporation (TFSPH) established
December
Shares in Hotai Finance Corporation (HFC) acquired
2003
March
Toyota Financial Services Espana (TFSES) established
2005
January
Toyota Motor Finance (China) Co., Ltd. (TMFCN) established
January
Toyota Financial Services Slovakia s.r.o. (TFSSK) established
February
Toyota Financial Services Korea Co., Ltd. (TFSKR) established
2006
February
Shares in PT KDLC Bank Bari Finance (now PT Toyota Astra Financial Services [TAFS]) acquired
April
Handling of QUICPay, a deferred payment electronic money service, commenced
2007
April
ZAO Toyota Bank (TBR) established
2008
October
Toyota Financial Services Vietnam Co., Ltd. (TFSVN) established
2011
May
Toyota Financial Services India Ltd. (TFSIN) established
December
Toyota Finance Corporation's total active credit card holders topped 10 million