The Story of Sakichi Toyoda
Sakichi Toyoda, the founder of Toyota Industries Corporation, possessed a strong ambition to contribute to society from his days as a youth. He had devoted his 63-year-long life to invention.
Steel Production Department separates and becomes Toyota Steel Works, Ltd. (now Aichi Steel Corporation)
Toyoda Hospital established (forerunner of present KARIYA TOYOTA General Hospital).
Obu Plant starts operations, producing castings.
Reparation looms for World War II exported (first looms to be exported from Japan after war).
Obu Plant designated production plant for foundry parts for automotive parts.
Company stock listed on Tokyo, Osaka, and Nagoya Stock Exchanges.