BookTitleToyota Tsusho 70-Year History

Summary

Toyota Tsusho 70-Year History

1958?1967Growth as a General TradingCompany with BranchesThroughout Japan and the World1958 1959 1960 1961 1962Company Events8Financial trouble becomes4apparent with Toyo Motors due topoor sales.57Becomes the designatedwholesaler specified by Fuji Iron &Steel Co., Ltd.Tojiro Okamoto becomes chairman(presidential position vacant).Acknowledges liquidation of ToyoMotors.10 Becomes the designatedwholesaler specified by YawataIron & Steel Co., Ltd.9The Tokyo Branch moves to 6-1Yaesu, Chuo-ku, Tokyo.10 Founds the subsidiary ToyodaNew York, Inc. in the U.S. ?12 Establishes the Singapore Office(Singapore).4 Founds Towa Textile Industry. ?7Founds Sanyo Malaya Singaporein Malaysia.10 Becomes a listed company in theNagoya Stock Exchange SecondSection.11 Tomiyasu Kambara becomespresident.4 Founds Nisshin Sekiyu. ?4The Osaka Branch moves toShiomachi-dori, Minami-ku,Osaka-shi.The Osaka Branch at Osaka ToyodaBuildingEstablishment of the Hirohata FieldOfficeSecond president, Tomiyasu Kambara9Establishes the Nairobi Office(Kenya).? Mitsubishi Oil Higashi Kataha Service Station? Toyoda New York, Inc.? Inside Towa Textile IndustryGeneral Events37Kammon National Route Tunnelopens to traffic.Japan External Trade Organization(JETRO) forms.12 Construction of Tokyo Tower iscompleted.49The Crown Prince of Japanmarries Michiko Shoda.The Ministry of Finance liberalizesexchange rates to the dollar.9 The Isewan Typhoon hit in Japan.14The Japanese governmentsettles the basic policy on theliberalization of exchange rates fortrade.The Ministry of Finance and theMinistry of International Trade andIndustry commence the ForeignExchange Concentration Systemof trading companies.149Jhon.F.Kennedy becomesPresident of the United States.The import of raw cotton and rawwool is liberalized.The Organization for EconomicCo-operation and Development(OECD) forms.3The Japan?U.S. GATT TariffAgreement is signed.10 The Cuban Missile Crisis begins.9The Organization of the PetroleumExporting Countries (OPEC) forms.18