Soichiro Toyoda, a Japanese businessman and the head of Toyota Motor Corporation, was raised in a textile industry family and was born on February 27, 1925, in Nagoya, Aichi.
His parents are Kiichiro and Hatako Toyoda. After completing his high school education at Hibiya High School, he continued his academic career at Tohoku University and Nagoya University.
In 1952, he began working at Toyoda Autos, the company his father founded. He was chairman from 1992 to 1999 before being elevated to managing director. Toyota Motors became one of the world’s largest automakers over time.
The Toyota Production System and the “kaizen” method of continuous improvement are two of Soichiro Toyoda’s ground-breaking methods to corporate management and production.
He oversaw Toyota’s participation in the World Rally Championship and other events due of his intense passion in motorsport.
He left his position as chairman of the Toyota Motor Corporation in 1999 and died on February 14, 2023, at the age of 97. His legacy still has an impact on modern company management techniques and the car sector.
Soichiro Toyoda Net Worth At Death
Soichiro’s estimated net worth at the time of his passing was $400 million.
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