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
- 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.