TOKYO, Feb 07 (News On Japan) –
Toyota Motor introduced on February 6 that President Koji Sato will develop into vice chairman and government officer Kenta Kon might be promoted to succeed him, with the adjustments taking impact on April 1, marking the primary management change in three years since April 2023 whereas Chairman Akio Toyoda will stay in his submit.
Speaking at an emergency press convention in Tokyo, Sato described the transfer as a “formation change” aimed toward tackling key challenges and strengthening the corporate’s means to generate earnings. Kon stated he would place robust emphasis on cash, income, and monetary metrics, stressing that his precedence can be to lift earnings and guarantee enterprise operations proceed with out interruption.
Source: Kyodo