Toyoda Gosei Co., Ltd. plans to change the corporate form of Toyoda Gosei (Shanghai) Co., Ltd., its regional headquarters in China, from a management company to a holding company, with the aims of speeding up management decisions and promoting efficient business operations within the region to grow the company’s business in the Chinese market.
Together with this change, the company name will be changed to Toyoda Gosei (China) Investment Co., Ltd. The planned timing for the change in corporate form and company name is December 2018.
Toyoda Gosei will consider the transfer of its shares in its main production subsidiaries in China to this regional headquarters.
Outline of Regional Headquarters in China
| 1. Company Name | Current: Toyoda Gosei (Shanghai) Co., Ltd. After change: Toyoda Gosei (China) Investment Co., Ltd. |
| 2. Location | 6088 Humin Road, Minghan District, Shanghai, China |
| 3. Establishment | January 2006 |
| 4. Capital | Current: 2 million USD After Change: 12 million USD |
| 5. Shareholder | Toyoda Gosei Co., Ltd. 100% |
| 6. Representative | Chairman: Tomonobu Yamada President: Hiroki Fukui |
| 7. Function | Business planning, product development, and other management functions in China |
