Toyota 2011 Annual Report Download - page 30

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Management and
Corporate Information
Business and
Performance Review
Financial Section and
Investor InformationSpecial Feature
Message/Vision
Management Team (As of June 17, 2011)
Toyota Motor Corporation (TMC) announced the modification of its management structure effective
April 1, as part of its realization of the Toyota Global Vision.
The changes are intended to create a structure that can meet the following objectives: 1) convey
customer opinions and onsite information to management in a timely manner, 2) make prompt
management decisions based on onsite information and 3) make constant checks as to whether
management decisions are acceptable to society.
Changes to Management Structures
1. Streamlining of the Board of Directors
Effective following the formal decision made at the Board of Directors meeting held after the 107th
General Shareholders Meeting (June 17, 2011), the number of directors was reduced from 27 to 11. The
Board of Directors is henceforth to comprise the chairman, the president, five executive vice presidents
and the four officers responsible for the Corporate Planning, the Accounting Group and the External
Affairs Group.
2. Scaling down of the executive decision-making system
Although previously the executive system was made up of three tiers—executive vice presidents, chief
officers and officers responsible for group affairs—it has been streamlined to two, with the officers
responsible for group affairs removed. The senior managing director position has been eliminated and
the total number of executives broadly reduced, from 77 to 60. Also, chief officers will be appointed in
a flexible manner from the ranks of senior managing officers (a newly established rank) or managing
officers.
3. Changes to structures to allow local decision making by overseas affiliates
Regional chief officers, in principle, will be stationed in their respective regions, and the number of
executives stationed outside Japan will be increased from 13 to 15.
Their divisions’ functions, which are presently performed in Japan, will be transferred overseas
in stages.
4. Building a structure that ensures that outside opinions are listened to in earnest and
reflected in management practices
For the management of regional entities, Toyota has established regional advisory committees
composed of well-informed persons in North America, Europe and Asia. This is meant to ensure that
outside opinions are reflected in management practices for decision making that is in touch with work
sites and effective management decisions based on regional understanding.
5. Promoting management in close contact with work sites
“Executive general manager” has been created as a non-executive position to promote management
that is in close contact with work sites. Executive general managers are to be employees such as
grand chief engineers responsible for vehicle development, general managers responsible for
technology and plant general managers.
0810
R&D and Intellectual Property
Corporate Philosophy
Management Team
Corporate Governance
Risk Factors
Other Management and Corporate Data
30TOYOTA ANNUAL REPORT 2011