Reference no: EM132221759
As reported on its consolidated financial statements, Toyota has 540 consolidated subsidiaries and 226 affiliates. Here is a partial list.
Toyota Motor North America (100% – 2004)
Toyota Canada Inc. (51% – 2013)
Daihatsu Motor Company (100%)
Hino Motors (51% – 2001)
Lexus 100% (1989)
Scion 100% (2003)
DENSO (24.74% – September 30, 2006)
Toyota Industries (23.51% – March 31, 2006)
Aisin Seiki Co. (23.0% – September 30, 2006)
Subaru Corporation (16.66% – June 28, 2008)
Isuzu Motors (5.9% – November 10, 2006)
PT Toyota Astra Motor (Links to an external site.)Links to an external site. (49% – 2003)
Noble Automotive (23% – 2014)
PT Toyota Motor Manufacturing Indonesia (Links to an external site.)Links to an external site. (95% – 2003)
Based on the above list, how many subsidiaries are WOS and how many are affiliates?
4 WOS and 4 affiliates
6 subsidiaries and 7 affiliates
4 WOS and 7 affiliates
5 WOS and 2 affiliates