Toyota Motor Corporation
Ivan Ruiz
DeVry University

Toyota Motor Corporation has a long and interesting history behind it. In 1933, Kiichiro Toyoda traveled to the United States. There he visited many car companies that produces automobiles (Toyota Motor Corporation-Company Profile, Information, Business Description, History, Background Information on Toyota Motor Corporation, 2015) there he learned about the production lines on how to build cars. Then shortly upon his return to Japan, he decided that he wanted to establish an automobile establishment with in his father’s factory. In May 1935, he made his very own prototype automobile.
At this point and time Japan had very little natural resources, therefore they had every reason to create a highly efficient car. Throughout the years, they did just this and established many research labs in Japan. This all started in 1939 and proceeded to 1940 with the Toyoda Science Research Center and the Toyoda Works.
However, Japan became enmeshed with World War II; the attaining of basic material was becoming more and more difficult. Toyoda was making cars with wooden seats, one head light, back brakes only because of the scarce sources available to them. After the war was over Toyoda had about 3,000 employees, but had no operating facilities. Toyota was recognized as one of the most successful true stories of manufacturing history. Because of its growing success after World War II and the company was best known as Toyota after the war.
The company headquarters is located in Toyota City, Aichi Japa (Newsroom, 2015). The current Chairman of the Board of Directors Takeshi Uchiyamada. Toyota, is a public company and t currently has 214,631 employees. The earliest sales stats are from 2000 with $119.66 billion. Stock exchange is Tokyo New York and it uses the ticker symbol (TM) (Toyota Motor Corporation-Company Profile,