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Mexico is one of the countries in which Toyota Tsusho is focusing on developing new markets for its investments. The company has carried out market research with the aim of creating new business in the Mexican automotive field, which is expected to continue growing in the future. In Querétaro, Japanese-affiliated auto parts manufacturers are entering the market and expanding their factories to support increased production of four-wheel vehicles by Japanese automakers as well as the growth of various industries in the region. Japanese automakers are also building plants in the neighboring State of Guanajuato. Amid this activity, the demand for processed automotive steel pipes has surged, and users are increasingly seeking local procurement options.