Toyota is a Japanese brand of automobiles that was exclusively distributed by Delta Motor Corporation, owned by former Bulacan congressman and Marcos crony Ricardo Silverio, Sr. The team was first known as the Komatsu Komets in the Manila Industrial and Commercial Athletic Association (MICAA), one of the more successful teams of the amateur commercial league prior to the inception of the PBA. Sometime in January 1975, five MICAA teams met together at the old Elizalde canteen to sign a pre-organizational agreement for the formation of what is now known as the Philippine Basketball Association. Dante Silverio, Ricardo Silverio’s nephew, was the official representative of Toyota who signed on the dotted line.