Toyota Motor Corporation
- Country
- Japan
- US Exchange
- NYSE
- Symbol
- TM
- SEC CIK
- 1094517
- Number of Employees
- 375235
- Status
- Chairman
- Akio Toyoda
- President and CEO
- Koji Sato
Founded
- Kiichiro Toyoda
- 1937
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.