Toyota Swot Analysis 2013

tog out analysis of Toyota This is a Toyota Motor Corporation SWOT analysis for 2013. Company background NameToyota Motor Corporation Industries servedAutomotive Geographic areas servedWorldwide HeadquartersJapan Current CEOAkio Toyoda Revenue? 18. 583 trillion (2012) Profit? 283. 55 billion (2012) Employees300,747 (2012) Main CompetitorsBayerische Motoren Werke AG, Chrysler Group LLC, Daimler AG, crosswalk Motor Co. , General Motors Company, Honda Motor Company, Nissan Motor, Tata Motors, Ltd. , Volkswagen AG and many different automotive companies. SWOT analysis of Toyota SWOT analysis of ToyotaStrengths ricketynesses 1. Innovative culture 2. Brand theme valued at $30 billion 3. Industry leader in manufacturing and production 4. Strong soft touch portfolio 5. The leader in jet plane cars development1. Large recalls 2. Weak presence in the emerging markets OpportunitiesThreats 1. Positive attitude towards green vehicles 2. Increasing give the sack prices 3. Changing customer needs 4. Growth through acquisitions1. Fluctuating fuel prices 2. New emission standards 3. Rising raw material prices 4. Intense competition 5. Natural disasters 6. Appreciating yen exchange rateStrengths 1. Innovative culture. Toyota is one of the most innovative auto companies and has a strong culture that is focused on constant innovation. The caller-out was the first to introduce Kaizen, Kanban and Total quality Management systems widely in their organization. The ac order was the first to mass-produce and sell hybrid vehicles too. 2. Brand reputation valued at $30 billion. Toyotas brand is the most valued automotive brand in the world. The company is known for its environmentally friendly, safe and dur commensurate cars that are sold in much than 170 countries. 3.Industry leader in manufacturing and production. Toyota was the first company to introduce lean manufacturing and total quality management practices in manufacturing process. For some time, the company was the onl y practitioner of these practices and had the lowest manufacturing and production be worldwide. Although many manufacturers were able to replicate Toyotas lean manufacturing system, the company is still one of the most profitable manufacturers in the world. 4. Strong brand portfolio. Toyota currently sells about 70 divers(prenominal) models of cars under its namesake brand.This does not only increase brands awareness but also satisfies nearly every consumer group needs. Toyotas flagship models are Corolla and Prius. 5. The leader in green cars development. Toyota understands that environmental friendly cars are the necessity nowadays. Consumers are more selective in terms of CO2 emissions and fuel-efficiency of the cars they buy and Toyotas early move towards sell hybrid and efficient cars is the strength few competitors can match. Weaknesses 1. Large-scale recalls. Toyota had quite a few large-scale vehicle recalls over the past few years.The company recalled 9 million vehicles in 2009-2010 and 7. 43 million cars in 2012. Such recalls does not only hurt the firm financially but significantly damage firms brand. 2. Weak presence in the emerging markets. Toyotas main markets are Japan, US and Europe, while such emerging economies as china or India make only a small percentage of all Toyotas sales. Due to poor presence in the largest automobile market ( china), Toyota leave behind find it hard to compete with GM that has huge market share there. Opportunities 1. Positive attitude towards green vehicles.Today consumers are more aware of the negative effects (air pollution) caused by cars. Large quantities of CO2 emissions intensify greenhouse effect and negatively impact the life on earth. Thus, consumers are more likely to buy crude hybrid and electric cars that emit less CO2. 2. Increasing fuel prices. Increasing fuel prices open up large markets for Toyotas hybrid cars as consumers solecism towards efficient cars. 3. Changing customer needs. By introd ucing new car models, Toyota could satisfy varying consumers tastes and needs and access wider customer group. 4. Growth through acquisitions.Toyota has successfully acquired other car companies in the past and should continue doing so to grow, gain new skills, assets and access to new markets. Threats 1. Decreasing fuel prices. There is high possibility that future(a) fuel prices will drop, as more shale gas will be extracted. For this reason, fuel-efficient hybrid and electric cars will become less attractive to cost intended consumers that are the main customer group for Toyotas Prius model. 2. New emission standards. New emission standards introduced by the government would require more investments into producing cleaner engines.More investments entail less profit for Toyota. 3. Rising raw material prices. Rising raw material prices are especially important to automobiles manufacturers. Higher prices mean higher costs and less profits for Toyota as the raw metals are the main components in car manufacturing. 4. Intense competition. Toyota faces more intense competition from other auto manufacturers more than ever. Volkswagen group is strongly growing and GM steps up after its reorganization to become more competitive than ever. 5. Natural disasters. Toyotas has manufacturing facilities in Japan, Thailand, China and Indonesia.These countries, including others, are often subject to natural disasters that disrupt manufacturing in the facilities and decrease Toyotas production volumes. 5. Appreciating yen exchange rate. Most of Toyotas revenue comes from remote countries. The profits earned abroad must be sent back to Japan and converted to yen. Appreciating yen exchange rate against other currencies means rase profits for Toyota. Sources 1. Toyota (2013). Investors 2012 Financial Results. Available at http//www. toyota-global. com/investors/financial_result/2012/ 2.Toyota (2013). Company profile Overview. Available at http//www. toyota-global. com/compan y/profile/overview/ 3. Interbrand (2013). Best Global Brands 2012. Available at http//www. interbrand. com/en/best-global-brands/2012/Best-Global-Brands-2012. aspx 4. Pantong, K. (2013). Toyota investing on big things in Thailand. Available at http//www. nationmultimedia. com/business/Toyota-investing-on-big-things-in-Thailand-30198606. html 5. Wikipedia (2013). Toyota. Available at http//en. wikipedia. org/wiki/ToyotaHybrid_electric_vehicles