M&A Deal Summary

Toyota Motor Acquires Daihatsu

On August 31, 1998, Toyota Motor acquired automotive company Daihatsu

Acquisition Highlights
  • This is Toyota Motor’s 1st transaction in the Automotive sector.
  • This is Toyota Motor’s 1st transaction in Japan.

M&A Deal Summary

Date 1998-08-31
Target Daihatsu
Sector Automotive
Buyer(s) Toyota Motor
Deal Type Add-on Acquisition

Target

Daihatsu

Osaka, Japan
Daihatsu Supplies K-Cars and compact cars to Toyota Motor Corporation and Subaru Corporation in Japan and also supplies Toyota with a variety of car models overseas. Since commencing consigned production of Toyota vehicles in 1969, Daihatsu has expanded its business, including by providing Toyota with OEM products and also supplying Subaru with OEM products beginning in 2009. Besides consigned production and OEM vehicles in Japan, Daihatsu also supplies a wide range of vehicles overseas that includes production in Indonesia of the Avanza, which was jointly developed with Toyota, and the Agya, which we began supplying to Toyota in 2013 as an OEM vehicle.

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Buyer(S) 1

Buyer

Toyota Motor

Toyota, Japan

Category Company
Founded 1933
Sector Automotive
Employees389,144
Revenue 48.04T JPY (2025)
DESCRIPTION
Entrance to Toyota's corporate office in Tokyo, Japan.
Entrance to Toyota's corporate office in Tokyo, Japan.

Toyota Motor is a global automotive manufacturer. With a diverse portfolio of vehicles ranging from compact cars to hybrid electric vehicles and luxury sedans, Toyota caters to the needs and preferences of a wide range of customers worldwide. Toyota's brand reputation, built on a foundation of quality and durability, has made it a trusted choice for millions of customers seeking vehicles that offer exceptional performance, comfort, and environmental responsibility. Toyota Motor was founded in 1933 and is based in Toyota, Japan.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 1998 M&A 1 of 1