Who Owns Lexus?
Updated onExplore the ownership hierarchy of Lexus. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Lexus
Lexus is the luxury vehicle division and brand of Toyota Motor Corporation, offering premium cars and SUVs sold worldwide.
Toyota Motor Corporation
Toyota Motor Corporation is a Japanese multinational automotive manufacturer that designs, manufactures, and sells vehicles and mobility solutions worldwide.
Lexus
Lexus is the luxury vehicle division and brand of Toyota Motor Corporation, offering premium cars and SUVs sold worldwide.
Toyota Motor Corporation
Toyota Motor Corporation is a Japanese multinational automotive manufacturer that designs, manufactures, and sells vehicles and mobility solutions worldwide.
Major Shareholders
Lexus
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Toyota Motor Corporation Ultimate parent company. Lexus operates as Toyota’s luxury vehicle division/brand (often via units such as Toyota Motor Sales, U.S.A., Inc.), and is not a separately listed company, so Toyota effectively owns 100% of Lexus. | Corporate | 100.0% | 100.0% | — |
The Master Trust Bank of Japan, Ltd. Indirect owner via Toyota. Largest registered shareholder of Toyota Motor Corporation, holding about 1.81 billion Toyota shares (~13.8% of outstanding common stock) as of March 31, 2025. | Institutional | — | — | Mar 2025 |
Toyota Industries Corporation Indirect owner via Toyota. Strategic Toyota group company and major supplier holding roughly 1.19 billion Toyota shares (~9.1% of outstanding common stock) as of March 31, 2025. | Corporate | — | — | Mar 2025 |
Custody Bank of Japan, Ltd. Indirect owner via Toyota. Japanese custodian bank registered with around 812 million Toyota shares (~6.2% of outstanding common stock) held for client accounts as of March 31, 2025. | Institutional | — | — | Mar 2025 |
Nippon Life Insurance Company Indirect owner via Toyota. Large Japanese life insurer holding about 633 million Toyota shares (~4.9% of outstanding common stock) as of March 31, 2025. | Institutional | — | — | Mar 2025 |
State Street Bank and Trust Company Indirect owner via Toyota. U.S.-based custodian and asset manager registered with roughly 572 million Toyota shares (~4.4% of outstanding common stock) as of March 31, 2025. | Institutional | — | — | Mar 2025 |
JPMorgan Chase Bank, N.A. Indirect owner via Toyota. Global bank acting as standing proxy for foreign investors, registered with about 549 million Toyota shares (~4.2% of outstanding common stock) as of March 31, 2025. | Institutional | — | — | Mar 2025 |
DENSO Corporation Indirect owner via Toyota. Key Toyota-affiliated automotive parts manufacturer holding roughly 450 million Toyota shares (~3.4% of outstanding common stock) as of March 31, 2025. | Corporate | — | — | Mar 2025 |
The Bank of New York Mellon as Depositary Bank for Depositary Receipt Holders Indirect owner via Toyota. Depositary for Toyota’s ADR program, registered holder of about 336 million Toyota shares (~2.6% of outstanding common stock) representing ADR investors as of March 31, 2025. | Institutional | — | — | Mar 2025 |
Toyota Fudosan Co.,Ltd. Indirect owner via Toyota. Toyota group real-estate company holding around 250 million Toyota shares (~1.9% of outstanding common stock) as of March 31, 2025. | Corporate | — | — | Mar 2025 |
Mitsui Sumitomo Insurance Company, Limited Indirect owner via Toyota. Major Japanese insurer with approximately 204 million Toyota shares (~1.6% of outstanding common stock) as of March 31, 2025. | Institutional | — | — | Mar 2025 |
Toyota Motor Corporation
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
The Master Trust Bank of Japan, Ltd. Largest recorded shareholder. Japanese trust bank nominee holding Toyota shares on behalf of various pension and institutional investors; listed with 1,805,605 thousand shares as of March 31, 2025 (≈13.84% of shares outstanding). | Institutional | 13.8% | 13.8% | Mar 2025 |
Toyota Industries Corporation Toyota group company and major cross‑shareholder; held 1,192,331 thousand Toyota shares as of March 31, 2025 (≈9.14% of outstanding shares). | Corporate | 9.1% | 9.1% | Mar 2025 |
Custody Bank of Japan, Ltd. Japanese trust bank acting as custodian for a wide range of institutional investors; recorded with 811,647 thousand Toyota shares (≈6.22% of outstanding) as of March 31, 2025. | Institutional | 6.2% | 6.2% | Mar 2025 |
Nippon Life Insurance Company Large Japanese life insurer and long‑term corporate shareholder; Toyota IR lists 633,221 thousand shares (≈4.85% of outstanding) as of March 31, 2025. | Institutional | 4.8% | 4.8% | Mar 2025 |
State Street Bank and Trust Company (Standing Proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.) Global custodian bank holding Toyota shares for foreign institutional investors; shown with 572,148 thousand shares (≈4.38% of outstanding) as of March 31, 2025. | Institutional | 4.4% | 4.4% | Mar 2025 |
JPMorgan Chase Bank, N.A. (Standing Proxy: Settlement & Clearing Services Division, Mizuho Bank, Ltd.) Another major global custodian for international investors; holds 549,099 thousand Toyota shares (≈4.21% of outstanding) as of March 31, 2025. | Institutional | 4.2% | 4.2% | Mar 2025 |
DENSO Corporation Toyota group auto‑parts supplier and strategic shareholder; listed with 449,576 thousand shares (≈3.45% of outstanding) as of March 31, 2025. | Corporate | 3.5% | 3.5% | Mar 2025 |
The Bank of New York Mellon as Depositary Bank for Depositary Receipt Holders (Standing Proxy: Sumitomo Mitsui Banking Corporation) Depositary bank for Toyota’s New York–listed American Depositary Receipts (TM); holds 335,788 thousand underlying shares (≈2.57% of outstanding) on behalf of ADR investors as of March 31, 2025. | Institutional | 2.6% | 2.6% | Mar 2025 |
Toyota Fudosan Co., Ltd. Toyota group real‑estate company; recorded with 249,754 thousand Toyota shares (≈1.91% of outstanding) as of March 31, 2025. | Corporate | 1.9% | 1.9% | Mar 2025 |
Mitsui Sumitomo Insurance Company, Limited Major Japanese non‑life insurer (part of MS&AD Insurance Group); Toyota IR lists 204,172 thousand shares (≈1.56% of outstanding) as of March 31, 2025. | Institutional | 1.6% | 1.6% | Mar 2025 |
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