The country’s leading automotive firm Toyota Motor Philippines Corp. (TMP) was recognized as the top revenue contributor by the local government of Santa Rosa in Laguna for 2024.
In a statement, TMP said it remitted taxes and fees amounting to P1.16 billion to the city government of Santa Rosa last year, boosting the local government’s fiscal performance.
Given its significant contribution, TMP received multiple distinctions, including the coveted Hall of Famer Award among the Top Business Taxpayers, as well as the Top Manufacturer Award and a Top Real Property Taxpayer – Company Category Award during the Lion Awards.
TMP’s wholly owned logistics arm, Toyota Motor Philippines Logistics Inc. and its franchised dealership, Toyota Santa Rosa Laguna Inc. were also recognized in the same event, underscoring Toyota network’s contribution to the city’s economy.
For Santa Rosa City Mayor Arlene Arcillas, businesses like TMP play a crucial role in sustaining the city’s contribution to the national economy.
Santa Rosa is one of the biggest contributors to the country’s gross domestic product.
‘This recognition is not only for our company, but for the entire Toyota community here in Santa Rosa, including our customers, team members, suppliers, dealer, business partners, immediate community and all the families whose lives we share and touch every day,’ TMP senior vice president for Treasury and Comptrollership Dennis Ben-Hur Escuro said.
Beyond its economic contributions, Toyota was also recognized and named Sustainable Development Partner and Earth Hour Advocate during the 2025 Green Awards for its strong commitment to responsible business practices, environmental stewardship and social development.
TMP produces the Vios, Innova and next generation Tamaraw at its plant located inside the Toyota Special Economic Zone in Santa Rosa.
At present, it has over 4,000 employees and accounts for about 29 percent of the country’s total annual exports of original equipment manufacturer parts and components.
It also promotes skills development through the Toyota Motor Philippines School of Technology.