
In today’s briefing:
- The Toyota Way Is Not to Rush, but to Gain a Foothold and Proceed with Caution

The Toyota Way Is Not to Rush, but to Gain a Foothold and Proceed with Caution
- It’s unlikely that the transition to ‘company with audit committee’ will enhance the supervisory function, but it’s likely to speed up the decision-making process by delegating authority to executive directors.
- Instead of achieving 30% female board member and moving to Company with US-type 3 Committees at once, Toyota will implement Toyota’s way firmly with BOD that is half independent directors.
- The only way for Toyota, which faces several governance challenges, to uphold tradition of Toyoda family being at the top of management is to make the returns expected by investors.