Daihatsu Motor Co., Ltd. · Ikeda, Osaka Japan ·(Tokyo: 7262)
Company Description
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This link will open in a new window Daihatsu Motor specializes in small, inexpensive passenger cars (including electric models) that it sells worldwide under such names as Cuore, Sirion, and Terios (a tiny SUV). The company sells more than 900,000 Daihatsu vehicles per year and nearly 400,000-plus Toyotas, which it assembles on a consignment basis, including 36,000 OEM cars per year for Toyota based on Daihatsu models. The company, which was formed in 1907, has four factories in Japan and exports to more than 140 countries. Daihatsu makes more than two-thirds of its sales in Japan. Toyota (the #1 automaker in the world) owns a controlling 51% stake in Daihatsu Motor. To read the full description, subscribe now.
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Key Daihatsu Motor Co., Ltd. Financials
| Company Type | Public - Tokyo: 7262 Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $1,249,948.0 |
| Employees | 39,019 |
Daihatsu Motor Co., Ltd. Executives
37 executives listed for Daihatsu Motor Co., Ltd.'s Ikeda, Osaka location.
| Title | Name & Bio | Contact |
| Chairman | Kousuke Shiramizu | Network |
| President | Teruyuki Minoura | Network |
| EVP Product Marketing, Domestic Sales, and Overseas Operations Group | Katsuyuki Kamio | Network |
Competition
Competitive Landscape for Daihatsu Motor Co., Ltd.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Daihatsu Motor Co., Ltd. Competitors
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