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Toyota Tsusho Corporation

Toyota Tsusho Corporation

Industry: 
Energy
Value of USG Contracts: 
125
Symbol: 
TYO:8015
Country: 
Japan
Sources: 

"The act prohibits Mississippi from doing business with entities having certain financial investments in Iran. Among such companies cited by other states with similar laws is Toyota Tsusho, because it purchases Iranian crude oil under a special exclusion from the US National Defense Authorization Act." (Clarion-Ledger, "Senate kills Iran Divestment Act, citing Toyota concerns," 2/16/15)

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"Besides Mitsubishi, another trading house, Toyota Tsusho has been also lifting Iranian crude since April for the top two buyers, the sources added."  (Reuters, "Japan's Mitsubishi renews Iran oil imports deal," 6/22/12)

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" In 2009, Iran exported about 421,000 bpd of crude to Japan. It was overtaken by Qatar, however, as Japan's third-largest crude supplier.  Many of Japan's top refiners buy Iranian crude, including Showa Shell Sekiyu (5002.T), Nippon Oil (5001.T), Japan Energy, Cosmo Oil (5007.T). Trading house Toyota Tsusho (8105.T) also has a deal to buy crude from the Islamic republic." (Reuters, "Iran's crude export and fuel import customers," 4/13/2010)