Toyota Motor Corporation
Notice Regarding Change of Representative Directors
Effective April 1, 2026, the President and Representative Director will change from Koji Sato to Kenta Chika. Mr. Sato will assume the roles of Vice Chairman and Chief Industry Officer, refreshing the management structure.
Key Figures
- Date of President and Representative Director Change: April 1, 2026
- Shares Owned by Kenta Chika: 69,432 shares (as of February 5, 2026)
- 122nd Annual General Meeting of Shareholders: Scheduled for June 2026 (Formal director decision)
AI要約
Overview of Executive Personnel Changes
Toyota Motor Corporation announced a change in its executive personnel effective April 1, 2026, involving the transition of the President and Representative Director. The current President, Koji Sato, will become Vice Chairman and newly appointed Chief Industry Officer (CIO), while Kenta Chika will assume the position of President and Representative Director as well as Chief Executive Officer (CEO). Mr. Sato will also serve concurrently as Chairman of the Japan Automobile Manufacturers Association and Vice Chairman of Keidanren, focusing on industry-wide initiatives. Meanwhile, Mr. Chika will concentrate on enhancing internal earning capacity and improving break-even units, aiming to accelerate management speed.
Background and Future Outlook of the Management Structure Change
This change in representative directors is in response to the challenging business environment surrounding the automotive industry and the necessity to strengthen international competitiveness. Mr. Sato will lead efforts in industry and cross-sector collaboration, while Mr. Chika will demonstrate leadership at the forefront of improving the profit structure. Official resolutions of directors will be made at the board meeting following the 122nd Annual General Meeting of Shareholders. This personnel decision is intended to accelerate Toyota's sustainable growth and its transformation into a mobility company.
