# Who are Toyota Tsusho's customers? Who does Toyota Tsusho earn revenue from?
Canonical: https://valuechain.wiki/toyota-tsusho · Facet: customers · Updated: 2026-10-23T20:29:49.851401+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Toyota Tsusho discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 2 of them primary filings (as of 2026-10-23).

### 도요타자동차 그룹 (high)
- metric: Amount ¥2.3T · FY ended 2026-03-31 · Consolidated recognized revenue from Toyota Motor Corporation Group
- note: FY ended March 2026 recognized revenue from the Toyota Motor Corporation Group was JPY 2.316089tn, 20.0% of consolidated revenue. This group aggregate is not attributed to the Toyota Motor legal entity alone. The related-party raw-material transaction amount of JPY 2.813682tn uses a different accounting basis.
- [confirms] Toyota Tsusho (EN, filing, published 2026-08-27) https://www.toyota-tsusho.com/english/ir/library/integrated-report/pdf/fs2026_all_260827.pdf: "The major customer of the Group is Toyota Motor Corporation Group. Each of the Group’s segments reports revenues from them."
- [confirms] Toyota Tsusho (JA, filing, published 2026-06-18) https://www.toyota-tsusho.com/ir/library/securities-report/upload_files/105th_yuho_ALL.pdf: "The major customer is the Toyota Motor Corporation Group. FY2026 recognized revenue from that group was JPY 2,316,089 million across all segments, or 20.0% of consolidated revenue."
- [mentions] Maeil Business Newspaper (KO, news, published 2025-09-09) https://www.mk.co.kr/news/business/11415144: "Toyota Tsusho plays a major role in Toyota Motor raw-material procurement; the article does not give group-customer revenue."

### 아프리카 차량·유통 고객(비공개) (high)
- note: CFAO and other African operations earn revenue from wholesale and retail vehicles and distribution. Total Africa Division external revenue was JPY 1.92825tn, but vehicle-customer revenue is not separately disclosed.
- [confirms] Toyota Tsusho (JA, filing, published 2026-06-18) https://www.toyota-tsusho.com/ir/library/securities-report/upload_files/105th_yuho_ALL.pdf: "The Africa Division sells new and used vehicles and provides after-sales service; external segment revenue was JPY 1,928,250 million, without customer-level vehicle sales."
- [confirms] Toyota Tsusho (EN, ir, accessed 2026-10-24) https://www.toyota-tsusho.com/english/company/business/africa.html: "Import/export, distribution, wholesale, retail sales, leasing and after-sales service of new cars, used cars, machinery and handling equipment."

Reverse side: https://valuechain.wiki/toyota-tsusho/suppliers.md · Ripple: https://valuechain.wiki/toyota-tsusho/ripple.md

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Full node: https://valuechain.wiki/toyota-tsusho.md · JSON: https://valuechain.wiki/toyota-tsusho.json