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Toyota Motor Corporation was established in 1937, but Toyota's origins lie in the Japanese weaving industry when Sakichi Toyoda invented the world's first automatic loom and set up the Toyoda Spinning and Weaving Company in 1918. His invention reduced defects & increased yields, as the a loom stopped when producing imperfect fabric. This principle of designing equipment to stop automatically and call attention to problems immediately remains crucial to the Toyota Production System today.
This innovation along with the 7 Guiding Principles at Toyota – (in brief) of Honour the language and spirit of every nation, Respecting their cultures & customs, Providing clean and safe products, Creating & developing advanced technologies, Enhancing creativity & team work, Pursue growth in harmony with the global community and Working with business partners in research to create a stable, long term growth with mutual benefits, makes Toyota continuously strive to contribute to the sustainable development of society and the earth through the provision of high-quality and innovative products.
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