As reported on its consolidated financial statements

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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

Reference no: EM132221759

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