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Toyota president Kenta Kon tells shareholders to keep “ever-better carmaking” at the genba
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 7, 4:28 PM EDT

Toyota president Kenta Kon tells shareholders to keep “ever-better carmaking” at the genba

In his first general shareholders meeting as Toyota Motor Corporation’s 13th president, Kon laid out a vision shaped by his accounting background and an emphasis on listening to front-line teams, while also reiterating the company’s mission language as it explores a broader mobility agenda.

Toyota’s new president, Kenta Kon, used his first general shareholders meeting to stress that the company’s focus on making “ever-better cars” remains the through-line of its leadership change, even as the automaker continues to talk about becoming a broader mobility company.

Kon, who took office on April 1, spoke to shareholders as Toyota held its general shareholders meeting on June 17, with a record-high 9,040 attendees. In addition to the headquarters venue in Toyota City, Toyota set up a second location in Nagoya for remote viewing.

In Kon’s account, “ever-better carmaking” has been central to Toyota since 2009, when Akio Toyoda became president and urged teams to “Let’s make ever-better cars.” Kon said that over roughly the past 17 years, the company worked to clarify what a “good car” means and how Toyota can build better vehicles, with Toyoda frequently at the genba, a Japanese term for the on-the-ground production and operational sites where work happens.

Kon framed his role as partly shaped by an accounting background, but said he spends time at the genba to listen to employees, understand what they need for their next challenge, and provide “supportive push” so teams can keep improving cars. He also described his personal motivation as a mix of loving cars and working alongside colleagues on the question “What makes an ever-better car?” by thinking deeply and putting ideas into practice.

Toyota’s current leadership and immediate predecessors echoed Kon’s emphasis on fundamentals. The company reported statements from vice chairman Koji Sato and chairman Akio Toyoda that Toyota has become a place where many people work on the front lines to make ever-better cars, and that Toyoda’s long-standing philosophy is to value what cannot be quantified and focus on fundamentals rather than surface-level appearance.

Kon also addressed questions and skepticism that his finance background could narrow his perspective. In the meeting recap, Toyota said Kon responded indirectly to that concern with remarks he made in his first press conference about “loving money,” clarifying that he did not view the company as numbers-only. The company said Kon sees through the financial figures to the ideas and effort of genba teams, and that Toyota is “in safe hands” in part because he understands the relationship between outcomes and the work that produces them.

On mobility, Kon acknowledged the broader strategic discussion but said he did not provide a single settled definition. Toyota reported that one shareholder asked whether Toyota was trying to do too much across projects ranging from flying cars to marine vessels. Kon traced the idea of “mobility company” to a 2018 CES appearance when then-president Toyoda announced Toyota’s intent to transition from being only a carmaker to a mobility company, and contrasted it with 2009’s focus on “ever-better cars.”

Toyota’s president said that, at this point, he still does not have an answer to what “mobility company” precisely means. He added that inside the company, people are not asking what the term means or what to do next, suggesting momentum remains even without a fully specified definition.

Kon also drew on earlier experience in the company’s leadership orbit. Toyota said Kon had spent eight years as Akio Toyoda’s secretary before taking the top role, and that he plans to use lessons from that period. As an example, the meeting recap said Toyoda showed him a notebook with guidance under the heading “What kind of growth should Toyota seek?” including the idea that growth is not just about expansion, but the ability to change in response to evolving customer and societal needs, and the statement “I want Toyota to keep growing.”

Why It Matters

  • Toyota’s leadership message is likely to shape how investors and employees interpret the next phase of Toyota’s product and technology priorities, particularly the balance between traditional carmaking and newer mobility experiments.
  • Kon’s emphasis on the genba indicates continuity with Toyota’s long-running operating culture, potentially affecting how quickly teams translate strategy language into execution.
  • The lack of a concrete definition for “mobility company” suggests Toyota’s roadmap may remain flexible, leaving some stakeholders to watch for clearer milestones.
  • Addressing his finance background directly may be a step toward building credibility with shareholders who scrutinize strategy and capital allocation during leadership transitions.

Sources

Key Facts

  • Toyota held its general shareholders meeting on June 17 with a record-high 9,040 attendees, and added a second venue in Nagoya for remote viewing.
  • Kenta Kon took office on April 1 as Toyota’s 13th president, and spoke in his first general meeting to outline his vision for carmaking.
  • Kon said “ever-better carmaking” is at the core of Toyota’s approach, linking it to the 2009 guidance from Akio Toyoda to make “ever-better cars.”
  • Toyota reported that Kon emphasized listening to front-line teams at the genba and providing support for their next challenges.
  • On the company’s “mobility company” direction, Kon said he does not yet have a clear answer for what the term means, while implying internal understanding has continued without confusion.
  • Kon addressed concerns about his finance background by arguing that behind financial numbers are the ideas and work of genba teams, which he said he can see through the accounting lens.

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Toyota president Kenta Kon tells shareholders to keep “ever-better carmaking” at the genba | The Apex Times