Toyota Motor TM

Akio Toyoda was born on May 3, 1956. He graduated from Keio University with a degree in law in April 1979, and then from Babson College in the United States, with a master's degree in business administration in 1982. He joined Toyota Motor Corporation (TMC) in April 1984. Mr. Toyoda's career has included postings in every phase of automotive operations, including production, marketing and product development, both in Japan and internationally. Outside Japan, he served as an executive vice president and board member at New United Motor Manufacturing, Inc. (NUMMI), Toyota's production joint venture with General Motors in California, starting in April 1998. In January 2000, he returned to Japan and was named to TMC's Board of Directors in June. In that capacity, he took on the creation and supervision of gazoo.com, a website that contains dozens of virtual shops for consumer goods and services and also provides information about new and used vehicles. Also during this time, he supervised domestic marketing operations, operations in the Americas, and production management consulting. In June 2001, Mr. Toyoda became the chief officer of the Asia & China Operations Center, and then in June 2002, he assumed the position of managing director. In June 2003, Mr. Toyoda was made a senior managing director (this title was changed to senior managing officer as of June 2011), and, in January 2005, he became chief officer of both the China Operations Group and the Asia, Oceania & Middle East Operations Group. In June 2005, he became an executive vice president and a representative director, where he was responsible for IT & ITS, quality, product management, purchasing, Japan and overseas sales, and overseas operations. In June 2009, Mr. Toyoda became president of TMC. In April 2023, he became chairman of TMC. Awards and citations: L'ordre national de la Legion d'honneur, Officier, France (November 2013); Medal with Blue Ribbon, Japan (November 2017).

Koji Sato has been appointed to the board as President and Chief Executive Officer and President with effect from 01st April 2023. Date of birth: October 19, 1969 Nationality: Japan Education Bachelor's degree in mechanical engineering, Waseda University, 1992. Career: Apr. 1992 – Joined Toyota Motor Corporation (TMC); Sep. 1992 – Technology Administration Division (in charge of project to introduce the technology department center system); Sep. 1994 – Chassis Engineering Department No. 2 (in charge of suspension design of the first-generation Prius and Vista); Jul. 2003 – Toyota Center ZV Department No. 1 (in charge of North American Camry product development); Apr. 2006 – Concept Planner and Project General Manager of Development, Lexus GS, Lexus Center; Jun. 2012 – GA-L platform Manager and Lexus LC Concept Planner, Lexus Product Development Division; Jan. 2016 – Chief Engineer at ZL and Lexus LC Development Leader, Lexus International Co.; Apr. 2017 – Executive General Manager and Supervision of Development, Lexus International Co.; Jan. 2019 – Executive Vice President, Lexus International Co.; Jan. 2020 – Operating Officer and President, Lexus International Co.; Sep. 2020 – President, GAZOO Racing Company; Jan. 2021 – Operating Officer and Chief Branding Officer; Apr. 2023 – Operating Officer and President / Chief Executive Officer; Jun. 2023 – President, Member of the Board of Directors and Operating Officer; Apr. 2026 – Vice Chairman of the Board of Directors (current) and Chief Industry Officer (current).

Yoichi Miyazaki, Date of birth: October 19, 1963. Nationality: Japan. Education: Bachelor’s degree in Economics, Kanagawa University, 1986. Career: Apr. 1986 – Joined Toyota Motor Corporation (TMC); Jan. 2011 – General Manager, Supply Management Department, Sales Operation Planning Division; Jan. 2012 – General Manager, Sales Operation Planning Division; Apr. 2013 – General Manager, Toyota Planning Division 1; Apr. 2015 – Managing Officer and Supervision of Product & Business Planning Division / Toyota Planning Division 1 / Marketing Division; Apr. 2016 – Supervision of Corporate Strategy Division; Apr. 2017 – Supervision of Business & Operation Planning Division; Apr. 2017 – Chief Executive Officer, East Asia & Oceania Region; Jun. 2017 – Supervision of BR Product & Cost Planning Reform Promotion Department; Jan. 2018 – Supervision of Business Planning Division / Sales & Operation Planning Division / KD Business Planning Division / Sales & Marketing Support Division; Jan. 2019 – Operating Officer and Supervision of Business Planning Division / Sales & Operation Planning Division / KD Business Planning Division; Jun. 2020 – Chief Executive Officer, Asia Region; President, Toyota Motor Asia Pacific Pte. Ltd. (TMAP); Chairman, P.T. Toyota Motor Manufacturing Indonesia (TMMIN); Apr. 2022 – Operating Officer (TMC), Chief Competitive Officer, President, Business Planning & Operation; Apr. 2023 – Operating Officer and Executive Vice President / Chief Financial Officer; Jun. 2023 – Member of the Board of Directors, Operating Officer and Executive Vice President; Jun. 2025 – Executive Vice President, Member of the Board of Directors and Operating Officer (current); Apr. 2026 – Chief Financial Officer (current).

Hiroki Nakajima, Date of birth: April 10, 1962. Nationality: Japan. Education: Master’s degree in Engineering, Kyoto University, 1987. Career: Apr. 1987 – Joined Toyota Motor Corporation (TMC); Nov. 1987 – Body Assembly Engineering Div. 2; Jan. 1993 – Body Engineering Div. 1; Jan. 2005 – Chief Engineer, ZC, Toyota Development Center 2 (in charge of iQ); Jun. 2008 – Chief Engineer, Toyota Passenger Vehicle Development Center 2 (in charge of compact vehicles); Sep. 2011 – Chief Engineer, Product Planning Group (in charge of IMV); Apr. 2014 – Executive General Manager and Executive Chief Engineer, Product Planning Group (in charge of frames and commercial vehicles); Apr. 2015 – Managing Officer and Deputy Chief Officer, Product Planning Group; Apr. 2016 – Executive Vice President, CV Company; Jan. 2018 – Executive Vice President, Mid-size Vehicle Company; Jan. 2020 – Operating Officer and President, Mid-size Vehicle Company; Feb. 2021 – President, CV Company; Apr. 2023 – Operating Officer and Executive Vice President / Chief Technology Officer (current); Jun. 2023 – Member of the Board of Directors, Operating Officer and Executive Vice President; Jun. 2025 – Executive Vice President, Member of the Board of Directors and Operating Officer (current).

Kenta Kon will be appointed to the board as President & Chief Executive Officer with effect from 01st April 2026. Date of birth: August 2, 1968. Nationality: Japan. Education: Bachelor’s degree in Economics, Tohoku University, 1991. Career: Apr. 1991 – Joined Toyota Motor Corporation (TMC); Jan. 2017 – General Manager, Accounting Division; Jun. 2018 – Managing Officer and Deputy Chief Officer, General Administration & Human Resources Group / Accounting Group; Jan. 2019 – Executive Vice President, Advanced R&D and Engineering Company; Jul. 2019 – Operating Officer and Chief Officer, Accounting Group; Jan. 2020 – Fellow, Advanced R&D and Engineering Company; Apr. 2020 – Chief Financial Officer; Jun. 2021 – Member of the Board of Directors and Operating Officer; Apr. 2022 – Member of the Board of Directors, Operating Officer and Executive Vice President; Apr. 2023 – Member of the Board of Directors and Representative Director, Chief Financial Officer, Woven by Toyota, Inc.; Oct. 2023 – Director and Chief Financial Officer, Woven by Toyota, Inc.; Jan. 2025 – Operating Officer (TMC); Apr. 2025 – In charge of Mobility 3.0 Office (current); Jul. 2025 – Chief Financial Officer; Apr. 2026 – Operating Officer and President (current) and Chief Executive Officer (current).

Hiromi Osada has be appointed to the board as non-executive director with effect from 12th June 2025. Date of birth: June 11, 1973. Nationality: Japan. Education: Bachelor’s degree in Portuguese, Tokyo University of Foreign Studies (1997). Career: Apr. 1997 – Joined OBIS Co., Ltd.; Apr. 1999 – Joined Chunichi Shimbun Co., Ltd.; Mar. 2001 – Economic News Department (covered manufacturing, retail, distributing industries and World Expo; wrote serial stories on declining population issues); Aug. 2005 – Social News Department (covered police, court, education; wrote “Children in Poverty” series); 2009–2010 – Childcare leave; May 2011 – New York Bureau Correspondent (covered UN, Americas’ social issues, disasters, police incidents, U.S. presidential election, culture, sports, etc.); Aug. 2014 – Social News Department (local government reporting); Sep. 2016 – Economic News Department (team leader, manufacturing group); 2017–2018 – Childcare leave; Apr. 2018 – Economic News Department (team leader, Toyota group); Apr. 2021 – Editorial writer (economic news); Mar. 2024 – Left company; Jun. 2024 – Audit & Supervisory Board Member, Toyota Motor Corporation; Jun. 2025 – Member of the Board of Directors (Audit and Supervisory Committee Member, full-time) (current).

George Olcott has been appointed to the board as non-executive director with effect from 12th June 2025. Date of birth: May 7, 1955. Nationality: United Kingdom. Education: Bachelor's degree in Politics, Philosophy and Economics, University of Oxford (1977); Master's degree in Business Administration, INSEAD (1984); Doctoral degree, Judge Business School, University of Cambridge (2005). Career: Jul. 1986 – Joined S.G. Warburg & Co., Ltd.; Feb. 1999 – President, UBS Asset Management (Japan); Jun. 2000 – Managing Director, Equity Capital Markets, UBS Warburg Tokyo; Sep. 2001 – Enrolled in Doctoral Program, Judge Business School, University of Cambridge; Mar. 2005 – FME Teaching Fellow, Judge Business School; Mar. 2008 – Senior Fellow, Judge Business School; Jun. 2022 – Audit & Supervisory Board Member, Toyota Motor Corporation; Jun. 2025 – Member of the Board of Directors (Audit and Supervisory Committee Member) (current).

Kumi Fujisawa has be appointed to the board as non-executive director with effect from 12th June 2025. Date of birth: March 15, 1967. Nationality: Japan. Education: Master’s degree in Sports Science, Waseda University, 2020. Career: May 1995 – Founded IFIS Limited Ltd. and became President, IFIS Limited Ltd.; Jun. 2000 – Director, Think Tank SophiaBank; Jun. 2011 – Public Governor, Japan Securities Dealers Association (current); Aug. 2013 – President, Think Tank SophiaBank; Jun. 2014 – Member of the Board, Toyota Tsusho Corporation; Apr. 2022 – Chairperson, Institute for International Socio-Economic Studies, Ltd. (current); Oct. 2022 – Director, Shizuoka Financial Group, Inc. (current); Jun. 2024 – Substitute Audit & Supervisory Board Member, Toyota Motor Corporation; Sep. 2024 – Director, Mercari, Inc. (current); Jun. 2025 – Member of the Board of Directors, Toyota Motor Corporation (current).

Masahiko Oshima, Date of birth: September 13, 1960. Nationality: Japan. Education: Bachelor’s degree in Economics, University of Tokyo (1984); Master of Business Administration, Johnson Graduate School of Management, Cornell University (1991). Career: Apr. 1984 – Joined The Mitsui Bank Limited; Apr. 2012 – Executive Officer, Sumitomo Mitsui Banking Corporation (SMBC); Apr. 2014 – Managing Executive Officer, SMBC; Mar. 2017 – Director and Managing Executive Officer, SMBC; Apr. 2017 – Director and Senior Managing Executive Officer, SMBC; Apr. 2018 – Senior Managing Executive Officer, SMBC and Senior Managing Corporate Executive Officer, Sumitomo Mitsui Financial Group, Inc. (SMFG); Mar. 2019 – Director and Senior Managing Executive Officer, SMBC; Apr. 2019 – Director and Deputy President, SMBC and Deputy President and Executive Officer, SMFG; Apr. 2023 – Deputy Chairman, SMBC; Jun. 2023 – Member of the Board of Directors, Toyota Motor Corporation; Apr. 2024 – Advisor, SMBC; Jun. 2024 – Auditor, TBS Holdings, Inc. (current) and Corporate Auditor, TBS Television, Inc. (current); Jul. 2024 – Chairman, Ares Management Asia Japan KK.; Aug. 2024 – Chairman and Representative Director, Ares Management Asia Japan KK. (current); Jun. 2025 – Member of the Board of Directors (Audit and Supervisory Committee Member), Toyota Motor Corporation (current).

Shigeaki Okamoto has be appointed to the board as non-executive director with effect from 12th June 2025. Date of birth: February 20, 1961. Nationality: Japan. Education: Bachelor’s degree in Law, University of Tokyo, 1983. Career: Apr. 1983 – Joined Ministry of Finance; Jul. 2001 – Head of Management Office, General Coordination Division, Planning and Coordination Bureau, Financial Services Agency; Jul. 2002 – Director for Supervisory and Financial Risk Stabilization Management, General Coordination Division, Supervisory Bureau; Jul. 2004 – Director of Research Division, Budget Bureau, Ministry of Finance; Jul. 2006 – Director, Budget Bureau, Planning and Administration Division; Jul. 2009 – Director of Secretarial Division, Minister’s Secretariat; Aug. 2012 – Deputy Director-General, Budget Bureau; Jul. 2015 – Deputy Vice Minister; Jul. 2017 – Director-General, Budget Bureau; Jul. 2018 – Administrative Vice Minister; Jun. 2021 – Outside Audit & Supervisory Board Member, Yomiuri Land Co., Ltd. (current); Dec. 2021 – Outside Audit & Supervisory Board Member, The Yomiuri Shimbun (Osaka) (current) and The Yomiuri Shimbun (Seibu) (current); Mar. 2022 – Deputy Chairman of the Board, Japan Tobacco Inc.; Jun. 2022 – Outside Audit & Supervisory Board Member, The Yomiuri Shimbun (current); Jun. 2025 – Member of the Board of Directors, Toyota Motor Corporation (current); Mar. 2026 – Chairman of the Board, Japan Tobacco Inc. (current).

Christopher Reynolds has be appointed to the board as non-executive director with effect from 12th June 2025. Date of birth: January 11, 1963. Nationality: United States. Education: Bachelor of Arts, Kalamazoo College (1983); Juris Doctor degree in Law, Harvard University (1986). Career: Sep. 1986 – Law Clerk for the U.S. Court of Appeals; Nov. 1987 – Joined Hughes Hubbard law firm; Oct. 1989 – Joined the U.S. Attorney’s Office; Jun. 1994 – Joined Morgan Lewis; Jul. 2007 – Joined Toyota Motor Sales, U.S.A., Inc. (TMS); Jan. 2008 – Group Vice President & General Counsel; Mar. 2012 – General Counsel and Chief Legal Officer, Toyota North America (TMA); Apr. 2015 – Managing Officer, Toyota Motor Corporation (TMC), Chief Officer, Corporate Planning Division, Deputy Chief Officer, General Administration & Human Resources Group, and General Counsel & Chief Legal Officer; Apr. 2016 – Chief Officer, Governance Management Department; Apr. 2017 – Executive Vice President and Chief Diversity Officer, Toyota Motor North America, Inc.; Jan. 2020 – Deputy Chief Risk Officer, Toyota Motor Corporation; Apr. 2022 – Deputy Chief Compliance Officer, Toyota Motor Corporation; May 2022 – Board Director, Southwest Airlines Co. (current); Apr. 2025 – Senior Advisor, Toyota Motor North America, Inc. (current); Jun. 2025 – Member of the Board of Directors (Audit and Supervisory Committee Member), Toyota Motor Corporation (current).