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Interior & Seating

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Toyota Boshoku Corporation

Toyota Boshoku Corporation

Toyota Boshoku Corporation

Verified Sep 2026

Interior & Seating

·

Japan flag

Kariya, Japan

·

Since 1918

Toyota Boshoku Corporation is a Japanese automotive Tier 1 supplier headquartered in Kariya, Aichi, founded in 1918. It reported approximately 2.04 trillion yen (roughly 11.9 billion euros) of consolidated revenue in fiscal year ending March 2026, with about 45,500 employees globally, specializing in seat assemblies, door trim, interior systems, air and oil filtration, and seat frame mechanism components.

Toyota Boshoku Corporation

Verified Sep 2026

AT A GLANCE

Founded

1918

Headquarters

Japan flag

Kariya, Japan

Employees

~45,500

Ownership

Listed

Toyota Boshoku Corporation at a glance

Revenue

¥2.04T

FY2026 (year ended March 2026)

Employees

~45,500

FY2026 · published

Founded

1918

Toyoda Boshoku Corp. 1918 · Toyota Boshoku 2004

Headquarters

Kariya, Japan

Ownership

Listed

TSE Prime: 3116 · Nagoya SE

Certifications

IATF 16949

Current cycle · multi-site

Import activity

1,039+

US import shipments on record · Toyota Boshoku America

Known customers

Toyota Motor Corporation

Company IR and history

Industries

Automotive

Electric Vehicles

Aerospace

Sourcing and import activity

From US customs bill-of-lading records, Toyota Boshoku America entity (Erlanger, KY), most recent shipment September 2026. Top inbound suppliers include TB Sewtech de Mexico (sewn seat covers) and Kostal Electrica.

US sea imports

1,039+

Named foreign suppliers

4

Top origins

Mexico · Japan

Most recent shipment

Sep 16, 2026

Shared foreign counterparties do not establish that these companies buy from Toyota Boshoku Corporation.

What this tells a buyer

The majority of US-bound shipments arrive through TB Sewtech de Mexico, a Toyota Boshoku subsidiary that produces sewn seat cover sets, reflecting the North American interior supply strategy of keeping sewing operations in low-cost Mexican facilities close to US assembly plants.

Active shipment activity as of September 2026 indicates ongoing just-in-time delivery programs to Toyota's US manufacturing plants, consistent with Toyota Boshoku's role as primary seat and interior supplier for Toyota Motor's North American vehicle lines.

Source: company filings, investor materials, and US customs bill-of-lading records · Last verified Sep 2026

STABILITY SIGNALS

Established & active

FinancialModerate
TradeStrong
QualityStrong
ScaleStrong
TenureStrong

Approximately 2.04 trillion yen (~11.9 billion euros) in consolidated revenue for fiscal year ending March 2026, with a 2.6% operating profit margin, per the company's Annual Financial Report 2026 and business briefing.

Listed on the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange (code 3116) since 2000; approximately 45,500 consolidated employees and equity ratio of approximately 41% as of March 2026, per company filings.

IATF 16949 automotive quality certification current at manufacturing sites including Sanage Plant (verified Feb 2026); active US import activity through Toyota Boshoku America as of September 2026.

What Toyota Boshoku makes

Toyota Boshoku is a Japanese Tier 1 supplier specializing in automotive interior systems and seating. The company's core business is complete seat assemblies and seat structure components, including seat frames, seat tracks (slide rails), seat recliners, seat adjustment motors and gears, and seat fabrics. The company claims the leading global position in seat frame mechanisms, a position it built through a series of acquisitions including the 2004 merger with Araco Corporation, which added door trims and complete seat assembly to the lineup, and the 2015 acquisition of seat frame mechanism components from Aisin and Shiroki.

Interior components form the second main pillar: door trim panels, molded headliners, instrument panels, floor carpets, bumpers, fender liners, and silencer pads. The third pillar is filtration, a business the company has operated since the 1980s, covering air filters, cabin air filters, oil filters, and intake manifolds. A newer unit-components segment is developing motor core components and electrification-related parts, with production of motor cores for hybrid systems dating to 2012. The company also produces airbag base fabrics and, in smaller volumes, railway seats and aircraft seating developed with ANA.

Toyota Boshoku describes its strategic direction as becoming an "Interior Space Creator," designing and proposing integrated seat and interior systems from the vehicle planning stage rather than supplying to specification. The 2030 medium-term plan targets revenues of 2.2 trillion yen and a 7% operating profit margin, roughly double the current margin, through a combination of customer base expansion beyond Toyota, higher-value system proposals, and manufacturing efficiency gains.

Financial performance

Toyota Boshoku reported consolidated revenue of approximately 2.04 trillion yen (roughly 11.9 billion euros at prevailing exchange rates) for its fiscal year ending March 2026, up about 4% in yen terms from the prior year, per the company's Annual Financial Report 2026. The Berylls by AlixPartners Top-100 2026 study, which covers the same period using euro-denominated reporting, records 11.9 billion euros of revenue at rank 28 globally among automotive Tier 1 suppliers. Operating income margin was approximately 2.6%, equivalent to around 53.9 billion yen of operating profit, per the company's May 2026 business briefing.

The company employs approximately 45,500 people across its consolidated group, per the FY2026 Annual Financial Report. The margin came in well below the medium-term plan target of 6 to 7%, primarily because of soaring raw material and component costs (roughly 34 billion yen adverse impact), tariff-related headwinds (5 billion yen), and quality-related costs of approximately 21.8 billion yen, per the company's own briefing materials. The prior fiscal year (ending March 2025) saw operating profit fall 46.5% year over year as inflation pressures hit before the company's price-recovery actions took effect. Total assets stood at approximately 1.18 trillion yen as of March 2026, with equity attributable to owners of the parent at about 485 billion yen (41% equity ratio).

Ownership and history

Toyota Boshoku Corporation is listed on the Prime Market of the Tokyo Stock Exchange and on the Nagoya Stock Exchange under stock code 3116. The company traces its origins to January 1918, when Toyoda Boshoku Corporation was founded as a textile spinning business, predating Toyota Motor Corporation itself. It merged with Toyota Motor Corporation in 1943 during wartime consolidation, then re-emerged as an independent entity in 1950. The company began producing automotive parts in 1972 and shifted progressively toward original equipment manufacturer interior supply through the 1980s and 1990s.

The current corporate form of Toyota Boshoku Corporation was established in October 2004 through the merger of Toyoda Boshoku Corporation with Araco Corporation, a seat and interior specialist, and Takanichi Co., Ltd. That merger created the company's seat assembly capability and its present lineup. Shuhei Toyoda, a member of the Toyota founder family and former executive of Toyota Motor Corporation, has served as Chairman since 2015. Masayoshi Shirayanagi, formerly a Senior Managing Officer at Toyota Motor Corporation, has been President since June 2022. The company operates as part of the Toyota Group, with Toyota Motor Corporation holding a significant stake, but runs its own global manufacturing and customer development operations across more than 50 countries.

Certifications and quality

Toyota Boshoku's manufacturing sites are certified to IATF 16949, the automotive quality management standard, and to ISO 9001:2015. The Sanage Plant in Toyota City, Aichi holds both certifications, with the IATF 16949 certificate documented in the DQS Global certification database as of early 2026. The company's Thailand subsidiary, Toyota Boshoku Gateway (Thailand) Co., Ltd., holds an independently verified IATF 16949 certification as well, per public certificate records. The company applies production part approval process and advanced product quality planning disciplines across its seat and interior programs as standard practice for major OEM programs. The FY2026 business briefing acknowledged quality-related costs of approximately 21.8 billion yen in the year, signaling active remediation work underway.

Known customers

Toyota Boshoku's primary customer relationship is with Toyota Motor Corporation, a relationship embedded in the company's corporate history: the company was the interior system supplier for the new Toyota RAV4 in May 2000 and has supplied Toyota platforms continuously since. The group maintains production plants in Japan, the United States, Canada, Brazil, Argentina, Mexico, Thailand, China, India, and several other countries, organized around proximity to Toyota Motor Corporation's global assembly network.

Customer

Evidence

As of

Toyota Motor Corporation

Interior system supplier for Toyota RAV4 (2000); ongoing group relationship; North American seat and interior supply through Toyota Boshoku America, Inc.

Continuous

Beyond Toyota, the company's 2030 strategy explicitly targets expansion into non-Toyota customers in Japan, the United States, China, and India, acknowledging that customer concentration is a strategic constraint to address.

Recent news

December 2025 -- Toyota Boshoku America opened its first "smart manufacturing" facility in Hopkinsville, Kentucky, a 354,340-square-foot plant producing seat frame mechanism parts, including seat tracks, recliners, and motors with gears. The facility, called Toyota Boshoku Western Kentucky, is described by the company as its most automated plant to date (company press release, Dec 2025).

March 2026 -- A groundbreaking ceremony was held in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, India for the third plant of Toyota Boshoku Automotive India. The plant is part of the company's "India Challenge 1000" initiative, targeting roughly 100 billion yen in India revenue by 2030 (Shimizu Global construction notice, Mar 2026).

September 2026 -- Toyota Boshoku announced a formal decision to construct the new Maharashtra plant for automotive seat production, serving western India OEM customers. The company targets significant production capacity growth in India alongside continued investment in domestic and US manufacturing (company announcement, Sep 2026).

Frequently asked questions

What does Toyota Boshoku make?

Toyota Boshoku makes automotive seat assemblies and seat structure components, including seat frames, seat tracks, recliners, and adjustment motors, along with door trim panels, headliners, floor carpets, cabin and engine air filters, oil filters, and intake manifolds. A unit-components segment produces motor cores for hybrid vehicles. The company also supplies railway and aircraft seats in smaller volumes.

Who owns Toyota Boshoku?

Toyota Boshoku Corporation is publicly listed on the Tokyo Stock Exchange Prime Market and Nagoya Stock Exchange (code 3116). Toyota Motor Corporation holds a significant stake as part of the Toyota Group, and Shuhei Toyoda (Toyota founder family) serves as Chairman. The company operates independently with its own global management, led by President Masayoshi Shirayanagi since June 2022.

What is Toyota Boshoku's annual revenue?

Toyota Boshoku reported consolidated revenue of approximately 2.04 trillion yen (roughly 11.9 billion euros) for its fiscal year ending March 31, 2026, with an operating profit of approximately 53.9 billion yen and a 2.6% operating margin, per company investor materials. Revenue was roughly flat year over year in yen terms and up about 1.2% in euro terms per the Berylls by AlixPartners 2026 industry study.

Where is Toyota Boshoku headquartered?

Toyota Boshoku is headquartered in Kariya, Aichi Prefecture, Japan, in the greater Nagoya metropolitan area. The company operates manufacturing and sales operations in more than 50 countries, with regional headquarters in Erlanger, Kentucky (Americas), Belgium (Europe), Thailand (Asia), and Shanghai (China).

Who are Toyota Boshoku's customers?

Toyota Motor Corporation is the primary documented customer, with Toyota Boshoku serving as an interior system supplier across Toyota's global vehicle lineup. The company's 2030 medium-term plan identifies customer diversification beyond Toyota as a core growth priority, targeting orders from non-Toyota OEMs in Japan, the United States, China, and India.

Last verified September 2026. Is this your company? Request a correction.

Latest news

Sep 2026

Toyota Boshoku announced a new manufacturing plant in Chhatrapati Sambhajinagar, Maharashtra, India, for automotive seat production — the third plant for its India subsidiary, part of the company's India Challenge 1000 strategy targeting approximately 100 billion yen in India revenues by 2030 (company announcement, Sep 2026).

Dec 2025

Toyota Boshoku America opened Toyota Boshoku Western Kentucky (TBWK) in Hopkinsville, KY — a 354,340-square-foot smart manufacturing facility producing seat frame mechanism parts including tracks, recliners, and motors with gears; the company's first purpose-built smart plant in North America (company press release, Dec 2025).

May 2026

FY2026 results: revenue of approximately 2.04 trillion yen (up about 4% in yen terms); operating profit of approximately 53.9 billion yen (2.6% margin); full shortfall vs medium-term plan target attributed to soaring market prices, tariffs, and quality-related costs. New 2030 targets set at 2.2 trillion yen revenue and 7% operating margin (FY2026 Business Briefing, May 2026).

Sep 22, 2026

Leadership

Masayoshi Shirayanagi

President (Chief Executive Officer)

Hiroki Tsunoda

Director, Chief Technology Officer

Shunichi Iwamori

Director; President, Toyota Boshoku America, Inc.

Location & contact

Kariya (HQ)Headquarters · Aichi 448-8651, Japan
Sanage PlantPlant · Aichi, Japan
Toyota Boshoku America (Regional HQ)Regional Office · USA
Toyota Boshoku Western KentuckyPlant · KY, USA
Toyota Boshoku Asia (Regional Hub)Regional Office · Bangkok, Thailand
Toyota Boshoku Automotive India — 3rd PlantPlant · Maharashtra, India
Kariya (HQ)Kariya, Aichi 448-8651, JapanGroup headquarters and executive leadership

Certification

IATF 16949

Automotive quality management across manufacturing sites including Sanage Plant (Toyota City, Aichi) and international subsidiaries (Thailand, documented)

Current cycle; Sanage Plant certificate verified Feb 2026 (DQS Global)

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