Summary

Toyota Tsusho 70-Year History

ContentsUpon the Publication of Our Company History..........................................................Jun Karube, Chairman of the BoardMarking Our 70th Anniversary.................................................................................................Ichiro Kashitani, President & CEOCelebrating Toyota Tsusho’s 70th Anniversary.......... Shoichiro Toyoda, Honorary Chairman Toyota Motor CorporationCongratulations..................................................Takeshi Uchiyamada, Chairman of the Board Toyota Motor CorporationCongratulations................................................................................ Akio Toyoda, President & CEO Toyota Motor CorporationGeneral Corporate TimelineGeneral Corporate Timeline 16HistoryEarly History Transition from a Finance Company to a Trading Company, 1936-1947 33Introduction The State of the TimesSection 1 The Beginning of Automobile Production 341 Sakichi Toyoda, Founder of the Toyota Group 342 Kiichiro Toyoda’s Resolution to Manufacture Automobiles 353 Sales Become an Issue 35Section 2 Toward Establishing Japan’s Inaugural Monthly Installment Sales Company 361 Introduction of the Monthly Installment Sales Method 36Chapter 1 The Emergence of a Finance CompanySection 1 The Founding of Toyota Kinyu 371 The Founding of Toyota Kinyu 37 / 2 The Diminishing Finance Business 373 The Change to a Holding Company 38Section 2 The Name Change to Toyota Sangyo 381 Implementation of the Automobile Distribution System 382 The Increase of Capital to 10 Million Yen 39Chapter 2 The End of the War and the Postwar RecoverySection 1 Wartime Struggles 401 Headquarters Reduced to Ashes by Air Raid 40 / 2 Air Raid Damage and the End of the War 40Section 2 Signs of Postwar Recovery 411 The First Board of Directors Meeting After the War 412 The General Trading Company Concept for Toyota Sangyo 423 Development of the Trading Department 42 / 4 Change of Directors 435 Completion of Toyoda Kaikan 44ColumnTheManyBusinessmenWhoSupportedthePredecessorsofToyotaTsusho45Column Nagoya Commercial Academy Produced Many Talented Graduates: Tojiro Okamoto, ShoichiIshikawa, and Shotaro Kamiya among Them 458