Overview
- Effective April 1, 2026, CFO Kenta Kon will become president and current president Koji Sato will assume the vice chairman role.
- Toyota framed the move as a push to strengthen earning power and accelerate industrial collaboration.
- Sato said he intends to focus on industry-level activities at Japan’s auto industry association and Keidanren.
- For April–December 2025, Toyota reported net profit of ¥3.0308 trillion, down 26.1% year on year due to U.S. tariff effects, while consolidated vehicle sales rose 4.3% to 7.3 million units.
- Kon is described as a finance professional with experience as an aide to Akio Toyoda and in multiple CFO posts, including at Woven by Toyota.