Preview

Toyota - a Brief History

Powerful Essays
Open Document
Open Document
10860 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Toyota - a Brief History
Toyota and Why It Is So Successful

The History of Toyota
For organizational convenience I will discuss Toyota history as follows:
• The start
• The 1940s
• The 1950s
• Etc.
The start. The Toyota Motor Corp. (TMC) had its beginning in 1933 when it was established as a division within the Toyoda Automatic Loom Works, Ltd.
The founder of Toyota was Kiichiro Toyoda (1894–1952), the son of Sakichi Toyoda (1867–1930). The values that have underpinned Toyota success startedwith Sakichi who was the son of a carpenter. Sakichi went from carpentry, which he had learned from his father, to making looms for weaving. He then came up with many inventionsthat resulted in remarkable improvements in looms. For example, by 1924 he had developed the famous “Type G” automatic loom, but not without much of that “hard work and persistence.” One of the important features of Toyoda’s looms was a device that would automatically stop the loom should a thread break. This prevented any defective cloth from being produced. This concept of building into a machine features that prevent poor quality is know as jidoka and would become one of the TMC’s two “pillars” of the Toyota Production System (TPS)

According to Wikipedia (Sakichi Toyoda, 2006) Sakichi is often referred to as the “King of Japanese Inventors” and as the “father of the Japanese industrial revolution.”

Toyota Motor Corporation the name was changed from Toyoda to Toyota for three reasons:
(1) to differentiate the founders’ work from his personal life,
(2) ease of pronunciation
(3) to give the company a happy beginning as “Toyota” has eight strokes in katakana and eight is considered a lucky number in Japan.

In 1926 Sakichi started the Toyoda Automatic Loom Works that, due to the superiority of the Toyoda looms, became highly successful. Even today, Toyota produces highly praised spinning and weaving machines. However, to Sakichi’s credit he recognized that more than weaving machines, the automobile was the wave of the

You May Also Find These Documents Helpful

  • Powerful Essays

    Toyota is a recognized brand, a reliable automotive maker and has a huge brand image. The company produces various kinds of cars, such as passenger car, light car, sport car, luxury car, SUV, HV, EV, PHV (plug in hybrid), and we can choose and buy them. Toyota’s cars have a lot of polished design, unique colors and clear trim which is attract to customers easily. Furthermore, the company has an innovative technology and big global market share (12%) in the world.…

    • 2311 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    U01A1

    • 1274 Words
    • 6 Pages

    Soble, J. (2010, February 26). Financial times. Toyota timeline: a company history. Retrieved from http://www.ft.com/cms/s/0/1f8f077c-2301-11df-a25f-00144feab49a.html#axzz2UM6ZCw2x…

    • 1274 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    asucar

    • 738 Words
    • 3 Pages

    65 years ago , in 1937 , Toyota Motor Corporation was founded first as a subsidiary of Toyota Automatic Works, one of the largest manufacturers of knitting machines led by the "King of Inventions " Sakichi Toyoda . To date , Toyota is the second largest automaker in units sold and net sales. It is by far the largest Japanese car manufacturer , producing more than 4.5 million vehicles per year , equivalent to one every six seconds. But like any company , on the way there have been painful events . In 1950 Toyota suffered its first and only strike. Workers and direction out of this situation with the firm conviction that it was necessary to establish the principles of mutual trust and dependence. This is the philosophy that guides the company today. In addition to manufacturing , Toyota has an extensive network of facilities design and research and development including the three largest markets , Japan, North America and Europe.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    There were several advantages of Toyota’s manufacturing system when compared with conventional manufacturing system. Ohno Taiichi was the person responsible in helping Toyota shift from the established method of manufacturing automobiles set by Ford. The basic philosophy was to produce everything in mass quantity to gain maximum economies of scale. The logic was to spread the fixed cost over the production line and benefit from lower cost. Another characteristic of this philosophy was to make each worker perform a single task only. This premise was supported by the fact that if one worker performs the same task over and over again then eventually he or she would get faster in doing so. Ohno Taiichi was able to identify several flaws in this philosophy. Firstly, mass production of same item meant that what was not used had to be stored in warehouses. This resulted in high storage cost. At the same time it tied up inventory in unproductive uses. Secondly, if anything goes wrong in initial machine setting, that would mean massive production of defective parts. Thirdly, if each worker is assigned to do only one task then that resulted in quality mismanagement. Fourthly, this philosophy created the problem of employing specialist at extreme ends of division of labor. There were many tasks that could have been performed by one person. Lastly, mass production system created hindrances in making customizable products.…

    • 1786 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Toyota’s company is a product of many years of experience, production and high efficiency. Toyota has been one of the most successful companies all over the world. Toyota’s company success in leading the Japan’s economy to be NO.1 in Asia, beside that Toyota is a major multinational car manufacturer headquartered in Japan. It was built by Kiichiro Toyoda in 1937. Nowadays this factory is the first factory for cars in the world. And what make Toyota’s so special that it manufactured vehicles with high quality and simplicity in use, beside the less costly compared with the other companies, which make the use of Toyota vehicles so extended. Toyota is the second largest producer of vehicles all over the world with a production of 6 million vehicles per year deployed in more than 160 countries, Also achieve an annual income of 108 billion dollars .Toyota produces a full range models of vehicles and employs 246, 700 staff.…

    • 1978 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    toyota marketing

    • 607 Words
    • 3 Pages

    Originally called "just-in-time production," it builds on the approach created by the founder of Toyota, Sakichi Toyoda, his son Kiichiro Toyoda, and the engineer Taiichi Ohno. This system, more than any other aspect of the company, is responsible for having made Toyota the company it is today. Toyota has long been recognized as a leader in the automotive manufacturing, and production industry. The principles underlying the TPS are embodied in The Toyota Way.…

    • 607 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Research Paper of Toyota

    • 6180 Words
    • 25 Pages

    The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors,[8] along with several "non-automotive" companies.[9] TMC is part of the Toyota Group, one of the largest conglomerates in the world.…

    • 6180 Words
    • 25 Pages
    Powerful Essays
  • Better Essays

    Toyota Case Study Analysis

    • 1562 Words
    • 7 Pages

    There are several important items that are integral to Toyota’s manufacturing system, just-in-time inventory, long-term partnership agreements with major suppliers, team-based production, and a focus on identifying issues/defects at as early a point in the process as possible. Each of these components provides an advantage to Toyota over its rivals. When these elements are combined the advantage becomes strategic.…

    • 1562 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Company Description: Toyota Motor Corporation (TMC) is a multinational automaker based out of Japan. Founded in 1937 by Kiichiro Toyoda, TMC has become the world largest automobile company reclaiming its title at the end of 2012, surpassing once again General Motors. Selling 9.75 million vehicles worldwide and obtaining revenues of $178.4 billion in the company experienced an net revenue increase of 26% in 2012 compared to the previous fiscal year. It is expected that in 2013, revenues will continue to increase to an impressive $226.5 billion (Mississippi Business Journal 2013).…

    • 1896 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Toyota Strategy

    • 1877 Words
    • 8 Pages

    The history of just-in-time and other Japanese manufacturing innovations can be traced to the Toyota Production System developed…

    • 1877 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Vcm-Toyota

    • 2137 Words
    • 9 Pages

    Many of the production successes between 1950 and 1980 have been accredited to the Toyota Production System and its chief engineer during that time, Taiichi Ohno. He started experimenting to improve production in the late 1940s, but it took many years to develop the systems described below, such as kaizen and kanban, and to have them widely adopted across the company. Even in the 1990s, experimentation and change were still taking place to improve production.…

    • 2137 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Toyota Logo Changes

    • 438 Words
    • 2 Pages

    This was the first logo of Toyoda Company’s when company started business, “Toyota Automatic Loom Works Ltd, where Toyoda is the name of the family that started the business.…

    • 438 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    the case study of Toyota

    • 2067 Words
    • 20 Pages

    The firm Toyota Motor Company was founded in 1937 • Currently is one of the leading automobile manufacturers in the world • High reputation for its methods of continuous self-improvement • Toyota’s products are acknowledge for their quality and reliability Quality Management | Fall 2013 4 Case Summary Toyota Background •In 1982, it formed a joint venture with General Motors seen as a learning opportunity - New United Motor Manufacturing Inc. (NUMMI) •In 1988, Toyota produced more than 5.2 million cars BUT… aggressive penetration in other countries (Brazil, China or India) strained the company’s resources, led it to misread the market, to produce faulty products and to built underutilized plants…

    • 2067 Words
    • 20 Pages
    Powerful Essays
  • Better Essays

    Toyota Case

    • 1163 Words
    • 5 Pages

    Sakichi Toyoda was born in 1867 and in the 1900’s he founded the Toyoda group, a company focused on the production of looms for the textile business. In 1933, under the influence of his son Kiichiro Toyoda, who was more interested in automobiles, Sakichi opened a new division focused on car manufacturing.It was in 1937 that there was a separation between the two businesses and consequently Toyota Motor Company was born. In order to get a deeper understanding over the industry, Kiichiro studied the production system of Ford, the leading car manufacturing company at that time, and later adopted and improved it. Ten years later, in 1947, Toyota started to produce large-scale passenger cars, competing with Ford and General Motors but suffered from Japan’s economy that was going through a rough patch after the Second World War. In the beginning of the 1950’s Eiji Toyoda became president and developed a different process, the Just-in-time system and in the mid 1950’s the Kanban. The company entered the American market in 1958, but only had its first success there in 1968 with the model Corolla and in the 1990’s expanded to other places throughout the world. Throughout the last few years, Toyota, General Motors (GM) and Volkswagen (VW) have been the three main players competing in the automobile industry. In 2011, GM was the leader with 9.03 million dollars of sales, followed by VW with 8.16 million dollars in sales and finally Toyota with 7.9 million dollars. However, these results can be partly explained by not only the 2009-2010 recalls but also the Japanese tsunami and the Thailand floods that affected the supply of car parts. These results don’t mean that Toyota cannot make a comeback, opposed to that, data from the 1st quarter of 2012 shows that Toyota is the leader in sales,…

    • 1163 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Toyota Motor

    • 2856 Words
    • 12 Pages

    Model SA was first small car produced by company in 1947. In 1959 was first international experience of the company producing vehicles outside of Japan. It was produced at plant in Brazil. From this experience they followed philosophy of localising its operations to meet needs of the potential customers. As well to build up long-term relationships with the local suppliers and to fulfilment local labour.…

    • 2856 Words
    • 12 Pages
    Good Essays