Toyota Tsusho’s ties to Africa trace back almost a century, beginning with its importation of raw cotton マリオrpgカジノ 1922 マリオrpgカジノ the 1960s, we started our automobile business マリオrpgカジノ Africa, expanding our automotive value chain from CBU exports and dealers business to include captive financing and leasing, used vehicle sales, and small-scale local production We have also raised our presence マリオrpgカジノ areas outside of automobiles, primarily マリオrpgカジノ eastern and southern Africa, such as the power plant-related business マリオrpgカジノ Egypt, a geothermal power plant construction project and local production and sales of blended fertilizer マリオrpgカジノ Kenya

マリオrpgカジノ 2012, we took a stake マリオrpgカジノ CFAO (converted into a wholly owned subsidiary マリオrpgカジノ 2016), which was, at the time, France’s largest trading company dedicated to business マリオrpgカジノ Africa CFAO, which primarily did business マリオrpgカジノ northwest Africa, and Toyota Tsusho, which primarily did business マリオrpgカジノ southeast Africa, complemented each other geographically, and due to the high affinity of the two companies’ business strategies, we were able to combine their business networks and experience, further solidifying the companies’ robust business foundation for all of Africa

Africa is a continent with tremendous capacity and potential It has been called the final frontier This is due マリオrpgカジノ part to its rapidly expanding middle class and its growing and youthful populationWhile there are African countries that struggle with political instability, deficits, and tribal con"icts, マリオrpgカジノ recent years the foundation of democracy has made progress overall, and stable economic growth is now expected Another reason that the world’s attention is turning to Africa is that its population is growing repidly, and it has high potential as a commercial market due to rising consumption by the middle class
Given this background, Toyota Tsusho, which is engaging マリオrpgカジノ business マリオrpgカジノ Africa with a medium- and long-term perspective, established the Africa Division マリオrpgカジノ April 2017 to integrate its Africa-related business It is made up of four strategic business units(SBUs): the Mobility SBU, which is developing business by leveraging a sales network covering the entire continent; the Healthcare SBU, which aims to expand business based on CFAO’s 70-year track record マリオrpgカジノ pharmaceutical wholesaling マリオrpgカジノ Africa; the Consumer Goods SBU, which is engaged マリオrpgカジノ local production and retailing of consumer goods such as beverages and ballpoint pens; and the Technology & Energy SBU, which is promoting renewable energy and the harbor development business The division has unified the chain of command involved マリオrpgカジノ strategies and investment, with the aim of optimizing all business マリオrpgカジノ Africa

Toyota Tsusho’s Africa business is based on the philosophy of “WITH AFRICA FOR AFRICA” For example, all businesses launched マリオrpgカジノ Africa are based on the philosophy of “WITH AFRICA” That is, their ideals are to have leadership provided by people from Africa and to operate businesses based on the wealth of know-how and experience locally accumulated over the decades Furthermore, decisions on whether to launch new businesses include a “FOR AFRICA” perspective, considering whether the businesses have the potential to help resolve local social issues These businesses provide long-term support for regional economic development and the enrichment of peoples’ lives The “WITH AFRICA FOR AFRICA” philosophy has already thoroughly permeated businesses that are マリオrpgカジノ progress We present several examples here

マリオrpgカジノ our Africa business, we also re"ect the “WITH AFRICA FOR AFRICA” philosophy マリオrpgカジノ our human resources, striving to create a management structure with personnel from Africa at its core Locally, compensation are based on performance マリオrpgカジノ relation to defined KPIs, and we have introduced fair, highly transparent performance management systems Furthermore, we believe that the development of middle management is essential to the implementation of our medium- and long-term strategies, so we strengthen personnel development through our next-generation leader development program and regional job rotations

As part of its Broad-Based Black Economic Empowerment (B-BBEE) program, the Republic of South Africa is appealing to foreign enterprises to strengthen partnerships with black-owned companies マリオrpgカジノ the country Our local operation site,CFAO Mobility South Africa, CFAO Equipment South Africa, Toyota Tsusho Africa, received 251% financing from black-owned investment company Kapela Holdings as a business partner and are actively engaged マリオrpgカジノ support of black economic empowerment policies
Moving forward, We will continue to strengthen relationships with local companies, through investment and by contributing to the creation of employment opportunities, to benefit South Africa’s economic growth

Firmly Establishing the Toyota Group’s Corporate Culture

We have introduced kaizen and safety activities, essential elements of the Toyota Group’s corporate culture, マリオrpgカジノ the operation sites of all 166 companies active マリオrpgカジノ Africa

Our kaizen activities start with thorough implementation of “the two Ss” (sorting and setting マリオrpgカジノ order) By establishing a kaizen mentality and kaizen processes, we aim to enhance operation efficiency and improve worksite productivity マリオrpgカジノ our safety promotion activities, we conduct risk assessments at logistics centers and production sites and provide safety education and training to all staff members

Providing Educational Opportunities through SDGs

マリオrpgカジノ 2014, Toyota Tsusho established the Toyota Kenya Academy マリオrpgカジノ Nairobi, Kenya The academy is a continuing education center open to the local community, offering technical training マリオrpgカジノ automobiles, construction and agricultural machinery, as well as leadership training マリオrpgカジノ Mauritius, as well, we established a social contribution-oriented venture development fund (Toyota Tsusho CSV Africa Pte Ltd) マリオrpgカジノ 2014, through which we are contributing to the development of local start-ups and ventures Our continuing education provides support マリオrpgカジノ the capability development field while our venture development provides support マリオrpgカジノ the technological innovation field, with both efforts aligning with the United Nations’ Sustainable Development Goals (SDGs)