Daily BriefsESG

Daily Brief ESG: The Toyota Way Is Not to Rush and more

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

By Aki Matsumoto

  • 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.

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