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Toyota is headquartered in the city of Toyota, [243] [244] which was named Koromo until 1951, when it changed its name to match the automaker. Toyota City is located in the Aichi Prefecture of Japan. The main headquarters of Toyota is located in a four-story building that has been described as "modest". [245]
Toyota Motor Co. was established as an independent and separate company in 1937. Although the founding family's name was written in the Kanji "豊田" (rendered as "Toyoda"), the company name was changed to a similar word in katakana - トヨタ (rendered as "Toyota") because the latter has 8 strokes which is regarded as a lucky number in East Asian culture. [3]
Sakichi Toyoda (豊田 佐吉, Toyoda Sakichi, March 19, 1867 – October 30, 1930) was a Japanese inventor and industrialist who founded Toyoda Automatic Loom Works (later Toyota Industries). The son of a farmer and sought-after carpenter, he started the Toyoda family companies.
After that, finally, the syndicate consisting of 24 banks was established through the placement of the Bank of Japan. Toyota Motor Company could get 188.2 million yen in loans, subject to Toyota's reconstruction plan formulation. [10] In this way, Kiichiro overcame the bankruptcy crisis of 1949.
The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS is a management system [ 1 ] that organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers.
The Toyota Way is a set of principles defining the organizational culture of Toyota Motor Corporation. [ 1 ] [ 2 ] The company formalized the Toyota Way in 2001, after decades of academic research into the Toyota Production System and its implications for lean manufacturing as a methodology that other organizations could adopt. [ 3 ]
This is a list of Japanese inventions and discoveries.The Japanese have made contributions across a number of scientific, technological and art domains. In particular, the country has played a crucial role in the digital revolution since the 20th century, with many modern revolutionary and widespread technologies in fields such as electronics and robotics introduced by Japanese inventors and ...
The myth prevails that Shingo invented the Toyota Production System but what can be stated is that he did document the system. Shingo contributed to the formalization of some aspects of the management philosophy known as the Toyota Production System (TPS), developed and applied in Japan since the 1950s and later implemented in a huge number of ...