Toyota Motor Corporation

Toyota Motor Corporation

The thieves may be able to follow the design plans and produce a loom. But we are modifying and improving our looms every day. They do not have the expertise gained from the failures it took to produce the original. We need not be concerned. We need only continue as always, making our improvements.

Kiichiro Toyoda
Founder of Toyota Motor Corporation
US Exchange
Number of Employees
Akio Toyoda
President and CEO
Koji Sato


Kiichiro Toyoda
Established in 1937 by Kiichiro Toyoda, Toyota Motor Corporation is a globally recognized automotive manufacturer based in Toyota City, Aichi, Japan. As one of the world's top automakers, it produces about 10 million vehicles per year, including iconic vehicles like the Land Cruiser, Hilux, and the world's best-selling car, the Corolla. The company rose from a subsidiary of Toyota Industries to an industry leader, guided by the 'Toyota Way' and lean manufacturing. Toyota set the pace for sustainable transportation with the introduction of the Prius hybrid in 1997. Operating under four main brands: Daihatsu, Hino, Lexus, and Toyota, and holding stakes in various global automotive corporations and joint ventures, Toyota is committed to leading the future of mobility, enriching lives worldwide through safe, responsible means of transportation. The company values quality, ceaseless innovation, respect for the planet, and exceeding expectations, all underpinned by a philosophy of 'Kaizen', signifying a constant quest for improvement.
1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Japan

Company History

  • Loom Inception

    Sakichi Toyoda introduced the Toyoda Model G Automatic Loom, embedding the principle of jidoka, a foundation for Toyota's future manufacturing expertise.

  • Loom Patent Sale

    Toyota sold the patent for the automatic loom to the British company Platt Brothers, securing crucial capital to fund its venture into automobile manufacturing.

  • Engine Development

    While still a department of Toyota Industries, the company developed its first product, the Type A engine.