# Who does Toyota Motor Corporation pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/toyota · Facet: suppliers · Updated: 2026-09-11T12:41:32.497017+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Toyota Motor Corporation's confirmed suppliers/cost counterparties include LG에너지솔루션, Renesas Electronics, 스미토모금속광산 plus 5 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 8 cost edges, backed by 8 dated sources, 1 of them primary filings (as of 2026-09-11).

### LG에너지솔루션 (high)  → /lg-energy-solution.md
- metric: capacity 20 GWh/yr · 2025~2035 · High-nickel NCMA long-term supply
- note: EV battery procurement: long-term supply from LG Energy Solution (Michigan plant) for North America-built EVs.
- [confirms] Toyota USA Newsroom (EN, ir, published 2023-10-04) https://pressroom.toyota.com/lg-energy-solution-and-toyota-sign-long-term-battery-supply-agreement-to-power-electric-vehicles-in-the-u-s/: "annual capacity of 20GWh starting from 2025 ... high-nickel NCMA"

### 부품·소재 계열사·벤더 (덴소·아이신·아이치제강 등, 강판·배터리 포함) (high)
- note: Parts and materials are the core of vehicle cost, sourced from keiretsu suppliers such as Denso, Aisin, JTEKT, Aichi Steel and Toyota Boshoku plus raw materials like steel and batteries. Rising raw-material prices were a key driver of the FYE March 2026 profit decline.
- [confirms] Toyota Motor FY2026 Form 20-F (EN, filing, published 2026-06-10) https://www.sec.gov/Archives/edgar/data/1094517/000119312526264811/d101983d20f.htm: "The 20-F lists keiretsu suppliers including Denso, Aisin, Aichi Steel, JTEKT and Toyota Boshoku, and cites rising raw-material and parts costs as earnings factors."

### Renesas Electronics (high)  → /renesas.md
- note: Renesas is an automotive-semiconductor supplier to Toyota. Its R-Car V4H ADAS SoC was selected for the TSS(LSS) control unit (supplied by Denso) in Toyota's new RAV4, and Renesas chips also feature in Lexus multimedia systems.
- [confirms] Renesas Newsroom (EN, ir, published 2026-02-24) https://www.renesas.com/en/about/newsroom/renesas-r-car-v4h-adas-soc-selected-toyota-rav4-model: "Renesas announces its R-Car V4H was selected for the TSS(LSS) control unit in Toyota's new RAV4, with the unit supplied by Denso."

### 스미토모금속광산 (high)  → /sumitomo-metal-mining.md
- note: ASSB cathode-material co-development and sourcing partner (Oct 2025).
- [confirms] Sumitomo Metal Mining (EN, ir, published 2025-10-08) https://www.smm.co.jp/en/news/release/2025/10/002036.html: "SMM-Toyota collaboration on ASSB cathode mass production."

### 덴소 (high)  → /denso.md
- note: Sources inverters and SiC power semis from Denso, its largest affiliated supplier.
- [confirms] Denso (EN, ir, published 2025-10-10) https://www.denso.com/global/en/news/newsroom/2025/20251010-g02/: "Denso parts for Toyota bZ4X."

### NVIDIA (mid)  → /nvidia.md
- note: Toyota announced at CES 2025 that it will build its next-generation vehicles on NVIDIA DRIVE AGX Orin with the safety-certified DriveOS. This is procurement of an autonomous and SDV compute platform, still early in ramp.
- [confirms] NVIDIA Investor Relations (EN, ir, published 2025-01-06) https://investor.nvidia.com/news/press-release-details/2025/Toyota-Aurora-and-Continental-Join-Growing-List-of-NVIDIA-Partners-Rolling-Out-Next-Generation-Highly-Automated-and-Autonomous-Vehicle-Fleets/: "NVIDIA states that Toyota, the world's largest automaker, will build its next-generation vehicles on NVIDIA DRIVE AGX Orin and DriveOS, and projects its automotive revenue at about $5 billion in fiscal 2026."

### 인건비·임직원 (비공개) (mid)
- note: Personnel costs for its global manufacturing and sales workforce are a major cost item, disclosed within cost of sales and SG&A.
- [mentions] Toyota Motor FY2026 Form 20-F (EN, filing, published 2026-06-10) https://www.sec.gov/Archives/edgar/data/1094517/000119312526264811/d101983d20f.htm: "The 20-F discloses the operating-cost structure including personnel costs within cost of sales and SG&A."

### 마쓰다 (자본 제휴) (mid)  → /mazda-motor.md
- note: Holds a stake in Mazda (cross-shareholding, tech alliance, joint US MTM plant).
- [mentions] Nikkei Asia (EN, news, published 2025-05-01) https://asia.nikkei.com/business/tech/semiconductors/toyota-supplier-denso-to-invest-3.3bn-in-chip-business: "Toyota-Mazda cross-shareholding alliance."

### AT&T (mid)  → /at-t.md
- note: Toyota adopted AT&T 5G connectivity for connected services and in-vehicle data plans beginning with select model-year 2026 vehicles. Customers can buy the AT&T service through Toyota's app, but Toyota's payments to AT&T are not disclosed.
- [confirms] AT&T Newsroom (EN, news, published 2025-10-13) https://about.att.com/story/2025/toyota-connected-services.html: "This service can be purchased from AT&T through the Toyota app"
- [confirms] Toyota USA Newsroom (EN, news, published 2025-10-13) https://pressroom.toyota.com/the-latest-evolution-of-toyotas-multimedia-coming-to-a-screen-near-you/?linkId=100000386849830: "the first integration of 5G network connectivity powered by AT&T into Toyota vehicles"

Reverse side: https://valuechain.wiki/toyota/customers.md · Ripple: https://valuechain.wiki/toyota/ripple.md

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