Kiichiro Toyoda

Kiichiro Toyoda
Born June 11, 1894
Shizuoka, Japan
Died March 27, 1952 (aged 57)
Toyota, Aichi, Japan
Occupation Founder of Toyota Motor Corporation
Children Shoichiro Toyoda

Kiichiro Toyoda (豊田 喜一郎 Toyoda Kiichirō, June 11, 1894 – March 27, 1952) was a Japanese entrepreneur and the son of Toyoda Loom Works founder Sakichi Toyoda. His decision to take Toyoda Loom Works into automobile manufacturing would create what would eventually become Toyota Motor Corporation, the largest automobile manufacturer in the world.

Family tree

The descendants of [ Toyoda ] who established Toyoda Automatic Loom Works, have long dominated the upper management of Toyota Motors, which was incorporated in 1937.

Kiichiro Toyoda, who would become the president of Toyota between 1941 and 1950;[1] His son, Shoichiro Toyoda, was born in Nagoya on February 17, 1925.[2]

In due course, Shoichiro Toyoda became president of the company between 1982 and 1992. His 56-year-old son, Akio Toyoda, was the chief contender for the office of president when Katsuaki Watanabe relinquished that post to become Chairman,[3] and the expectation was confirmed in 2009.[4]



Kiichiro Toyoda made the decision for Toyoda Loom Works to branch into automobiles, considered a risky business at the time. Shortly before Sakichi Toyoda died, he encouraged his son to follow his dream and pursue automobile manufacturing Kiichiro created what eventually became Toyota Motor Corporation.

He resigned from the company in 1950 due to flagging sales and profitability, passing away two years later. In 1957, his cousin and confidant Eiji Toyoda, became head of Toyota Motor Corporation, overseeing its successful expansion worldwide and the launch of Japan's most prominent luxury vehicle brand, Lexus.

See also


Wikiquote has quotations related to: Kiichiro Toyoda
  1. Shirouzu, Norihiko. "Toyota Family Member Vies for the Top Job," Wall Street Journal. December 24, 2008.
  2. International Directory of Business Biographies: Shoichiro Toyoda
  3. Shirouzu, Norihiko and John Murphy. "Toyota to Change Leader Amid Global Sales Slump." Wall Street Journal. December 24, 2008.
  4. Kubo, Nobuhiro and Chang-Ran Kim. "Toyota confirms Akio Toyoda as New President," Reuters. June 23, 2009.
Business positions
Preceded by
Risaburo Toyoda
CEO of Toyota
Succeeded by
Taizo Ishida

This article is issued from Wikipedia - version of the 11/24/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.