Group Members
Serial Name ID Remarks
01 Alauddin Molla B-160202090
02 Estiar Ahmed Tayeb B-160202097
03 Rasel Kabir B-160202107
04 Anqur Das B-160202111
05 Sumon Miah B-160202121
06 Rabby Moll B-140202060
07 MdNouruddin B-140202194
Mollah
OVERVIEW OF TOYOTA MOTORS
Type: Private
Industry: Automobiles
Founded: Japan, 1937
Founder: Kiichiro Toyoda
Headquarters: Toyota city , Japan
Area served: Worldwide
Capital: 635 billion yen (as of March 31, 2016)
Number of employees: 369,124 (as of March 31, 2018)
Main Business Activities: Motor Vehicle Production
and Sales
Revenue: 28 billion yen (2018)
Website: https://www.toyota.com
Key people:
Takeshi Uchiyamada (Chairman of the Board of
Directors)
Akio Toyoda (President)
Koji Kobayashi(Representative Director
History of Toyota
The history of Toyota started in 1933 with the
company being a division of Toyoda Automatic
Loom Works devoted to son, Kiichiro Toyoda.[1]
Kiichiro Toyoda had traveled to Europe and the
United States in 1929 to investigate automobile
production and had begun researching gasoline-
powered engines in 1930. Toyoda Automatic Loom
Works was encouraged to develop automobile
production by the Japanese government, which
needed domestic vehicle production, due to the
war with China.[2] In 1934, the division produced
its first Type A Engine, which was used in the first
Model A1 passenger car in May 1935 and the G1
truck in August 1935. Production of the Model AA
passenger car started in 1936. Early vehicles bear
a striking resemblance to the Dodge Power Wagon and Chevrolet, with some
parts actually interchanging with their American originals.[2]
Although the Toyota Group is best known today for its cars, it is still in the textile
business and still makes automatic looms, which are now computerized, and
electric sewing machines which are available, worldwide.
Beginning
Toyota Motor Co. was
established as an
independent and
separate company in
1937. Although the
founding family's name
was written in the
(rendered as "Toyoda"),
the company name was
changed to a similar word
in katakana - ト (rendered
as "Toyota") because the
latter has 8 strokes which
is regarded as a lucky
number in East Asian
culture.[3] Since Kanji are
essentially Chinese
characters, in Chinese speaking markets, the company and its vehicles are still
referred to by the original Kanji name), but with Chinese pronunciation.
During the Pacific War (World
War II) the company was
dedicated to truck [citation
needed] production for the
Imperial Japanese Army. Because
of severe shortages in Japan,
military trucks were kept as
simple as possible. For example,
the trucks had only one headlight
in the center of the hood. The
war ended shortly before a
scheduled Allied bombing run on the Toyota factories in Aichi.
This is How Sakichi Toyota Started his journey
From an early age Sakichi Toyoda worked on improving looms. In 1891
he obtained his first patent for the Toyoda wooden hand loom. He went on to
focus his efforts on the improvement and invention of looms, including a
significant number of excellent motive and automatic machines.
In 1924, Toyoda invented the Type-G Toyoda automatic loom with non-stop
shuttle change motion, the first of its kind in the world. The Type-G Toyoda
automatic loom was a groundbreaking invention containing a number of
features such as automatic thread replenishment without any drop in the
weaving speed. Platt Brothers & Co., Ltd. of England, a world leader in the
loom industry of the time, paid the 1929 equivalent of 1 million yen for
transfer of the rights to the Type-G loom. Toyoda later used these funds as
seed money to found Toyota Motor Co., Ltd.
As a result of Toyoda's inventions the quality of Japanese looms and textile
products jumped to an internationally competitive level.
The Story of Sakichi Toyoda
A Strong Ambition
to Contribute to
Society
Sakichi Toyoda, the
founder of Toyota
Industries Corporation, was
born in 1867 in Yamaguchi-
mura, Fuchi-no-kori,
Totomi-no-kuni (presently
Kosai City, Shizuoka
Prefecture). He was the first
son of Ikichi and Ei Toyoda.
Ikichi was a farmer who
also worked as a carpenter
to support his family. He
was a highly skilled
carpenter that many relied
on.
Sakichi graduated from
elementary school and
began working as an assistant for his father in carpentry trade.
Sakichi's birth and early upbringing coincided with that period in
Japanese history when the shogunate was replaced by a new
government under the Meiji Emperor. This period is generally regarded
as the beginning of modern Japan. In the middle of social upheavals, the
entire village where Sakichi lived was plagued with poverty.
From the age of 14 or 15, Sakichi began to think about ways in which he
could both be useful to the people around him and serve his country.
On days when there was no carpentry, Sakichi would assiduously read
newspapers and magazines. He brought the local youth together in an
evening study group that promoted self-learning. However, he was
unable to come up with ways to contribute to society.
TOYODA WOODEN HAND LOOM
In 1890, Sakichi traveled to Ueno in Tokyo to visit the Third
National Machinery Exposition. Many new machines of both Japanese and
overseas manufacture were on display. Sakichi was deeply impressed. So much
that he spent every day for the next month visiting the exposition, determined
to understand how each of the machines worked.
In the autumn of the same year, Sakichi's first successful invention was
accomplished. It was known as the Toyoda wooden hand loom. Sakichi
received his first patent for that loom in 1891. He was 24 years old.Unlike
previous looms, the Toyoda wooden hand loom required only one hand to
operate instead of two. It removed the unevenness of the woven fabric thus
improving quality. It increased efficiency by 40 to 50 percent.
However, the loom was still manually powered. This limited further
improvements in speed and overall efficiency. So Sakichi turned his attention
to the invention of a power loom.
TOYODA WINDING MACHINE AND
TOYODA POWER LOOM
To promote the manufacture
and sale of his new machine,
Sakichi soon established Ito
Shoten Co., agent for Toyoda,
in Nagoya. This later became
Toyoda Shoten Co. and then
Toyoda Shokai Co.
Once sales of the winding
machine were on track, Sakichi
turned his undivided attention
to inventing a power loom. It did not take him long. In 1896, the Toyoda power
loom, Japan's first power loom built of steel and wood was perfected. The
shedding, picking and beat-up motions were all steam-powered. It was also
equipped with the weft auto stop mechanism. The machine was relatively
inexpensive and greatly increased productivity and quality.
One of the first to recognize the outstanding performance of the new loom
was a customer of Toyoda Shoten Co. named Tohachi Ishikawa. He proposed
opening a weaving business. He and Sakichi were soon partners. They founded
Okkawa Mempu Co. in Aichi Prefecture's city of Handa. The high-quality cotton
cloth woven by the new loom earned a reputation for excellence.
Sakichi used not only the steam engine but also an oil motor as a power source
for his looms.
The Beginning of Toyota’s Expansion
At the end of 1945, the U.S. military gave Toyota permission to begin
peacetime production. They used what they had learned from America’s
industrial training program to continue making products in Japan even after
the program was abandoned in the U.S.
While the company made trucks after WWII, they had begun to make the
Toyopet, or Model SA, that was available to drivers at a cheap price, and it was
made to maneuver the rough roads of Japan following the war. Only 215 SA
Toyopets were made, but the SF Toyopet that followed resulted in sales of
8,400 annually by 1955, and 600,000 annually ten years later in 1965.
Next came the Toyota Land Cruiser, a civilian truck that was based on the
design of the Dodge half-ton weapons carriers, along with the Bantam.
Afterward, in 1958, Toyota introduced the Crown, their first luxury car.
Toyota Goes International
In 1957, Toyota started on the road to
international sales with a
headquarters in Hollywood and the
first of their vehicles to be registered
in the U.S. Company president
Shotaro Kamiya personally installed
the California license plates in front of
the state DMV.
When the Land Cruiser and Toyopet failed to reach a significant number of
sales, the company focused on creating a car that was designed especially for
the American market. This resulted in the introduction of the Avalon and
Camry.
The Tiara, or Corona, was the
first Americanized Toyota,
providing a 90 hp engine and
significant passenger room, along
with performance, comfort, and
good gas mileage. By 1967,
Toyota Motor Company had
become an established brand in
the U.S., and the Crown was
introduced in a choice of wagon
or sedan.
The 2000GT was not far behind, along with a variety of trucks that became
available during the late 1960s. The Toyota Corolla that many buyers look for
at the Toyota dealership today was first imported to the U.S. in 1969, and it
became the first Toyota to be built in the country in 1985.
Present Market of Toyota
Toyota has continued to grow through dedication to creating a vehicle that is
dependable, performs well, and has superior safety features. They are one of
the largest auto manufacturers in the world, and continue to fight a close
battle against GM and Ford for the number one spot.
With more than 5.5 million vehicles being produced yearly, and with many
award-winning designs and a reputation for innovative technology to their
credit, the company has definitely exceeded their goal for creating a niche in
the American auto market. The Toyota name continues to be associated with
dependability and performance for new drivers and dedicated Toyota
drivers, and they continue to deliver new ideas for the future.
Conclusion: Toyota’s emerging market sales have increased significantly in
the period 2000 to 2011, from 18.6% to 45%. 20 If this trend
continues, Toyota’s sales in emerging markets will shortly surpass its sales in
developed markets. Toyota successfully
observed and responded to the needs of the rising of middle class in the
emerging markets. Through localization initiatives,
Toyota designs and produces cars in these markets to meet these consumers’
unique needs.
Learning From Toyota
•Always be faithful to your duties, thereby contributing
to the Company and to the overall good.
•Always be studious and creative, striving to stay
ahead of the times.
•Always be practical and avoid frivolousness.
•Always strive to build a homelike atmosphere at work
that is warm and friendly.
•Always have respect for God and remember to be
grateful at all times.