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Toyota Accelerates Succession Planning Amid Market Shift

On June 1, the day Toyota Motor lost its position as Japan's most valuable company, it announced a key personnel move involving the chairman's son.

Jul 28, 2026, 11:56 PM Nikkei Asia

Toyota Motorperson Akio Toyodaperson Daisuke Toyodaperson Toyotatopic TOKYOgeography Japangeography Nikkei Asiaorganization Toyota Grouporganization Augtopic

The new headquarters of the Toyota Motor Corporation, opened in February 2005 in Toyota City. · Photo by Chris 73 · Creative Commons Attribution-Share Alike 3.0 · Source: wikimedia

TOKYO — On Monday, June 1, 2026, Toyota Motor lost its stock market position as Japan's most valuable company to SoftBank Group for the first time in over 20 years. On the same day, Toyota announced a personnel move that attracted little global attention. Daisuke Toyoda, son of Toyota chairman Akio Toyoda, is set to return to the main Toyota Group from a technology subsidiary in August 2026. This move is seen as part of Toyota's efforts to accelerate succession planning to address ongoing challenges in the automotive industry.

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🇯🇵 Nikkei Asia · Japan

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