Management ChangeMay 13, 2026, 06:13 AM
Toyota to Elect 6 Board Members; New President Kenta Kon Appointed
AI Summary
Toyota Motor Corporation announced the convocation of its 122nd Ordinary General Shareholders’ Meeting on June 17, 2026, where shareholders will vote on the election of six members to the Board of Directors. The filing details the nominations, including Akio Toyoda as Chairman, Kenta Kon as the new President and CEO (effective April 2026), Hiroki Nakajima as CTO, and Yoichi Miyazaki as CFO. The company emphasizes its commitment to strengthening its business foundation and earnings structure under the new leadership, focusing on product-centered and region-centered management and transformation into a mobility company.
Key Highlights
- The 122nd Ordinary General Shareholders’ Meeting is scheduled for June 17, 2026, at 10:00 a.m. Japan Time.
- Shareholders will vote on the election of 6 Members of the Board of Directors.
- Akio Toyoda is nominated to continue as Chairman of the Board of Directors.
- Kenta Kon is nominated as President and Chief Executive Officer, having assumed the role in April 2026.
- Hiroki Nakajima is nominated as Chief Technology Officer and Yoichi Miyazaki as Chief Financial Officer.
- Shigeaki Okamoto and Kumi Fujisawa are nominated as independent outside members of the Board of Directors.
- Voting rights can be exercised via internet or postal mail by June 16, 2026, 5:30 p.m. Japan Time.
- The company aims to strengthen its business foundation and earnings structure under the new management team.