Tip of the iceberg.....Well put.


https://backreaction.blogspot.com/2024/02/t...al-ist.html?m=1

https://english.kyodonews.net/news/2024/02/...=obesity&words=

changing people at the top can change culture ?


It is culture . Period.

https://apnews.com/article/toyota-japan-tes...877a50d64a61d30


Japan’s top automaker Toyota acknowledges more certification cheating and apologizes


https://www.reuters.com/business/autos-tran...ays-2024-07-31/

TOKYO, July 31 (Reuters) - The Japanese government ordered Toyota Motor (7203.T), opens new tab on Wednesday to make "drastic reforms" after discovering new violations in the automaker's vehicle certification procedures.
In a so-called corrective order, the transport ministry said on-site inspections had uncovered widespread, intentional misconduct and irregularities in seven additional models that had not been previously disclosed.
Toyota said the corrective order instructed it to "make drastic reforms to ensure appropriate certification operations"....

https://www.reuters.com/sustainability/boar...all-2024-07-29/


Toyota chairman warns he may lose board spot if investor support continues to fall
By Reuters
July 29, 2024

TOKYO, July 29 (Reuters) - Toyota Motor (7203.T), opens new tab Chairman Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year, according to an interview published on Monday.
Shareholder backing for Toyoda slid to 72% at the company's annual general meeting last month, following proxy advisers' recommendations to vote against his reelection. That compares to the support of 85% in 2023.

Last month's result marked the lowest support rating ever for a director in Toyota's history, the 68-year-old grandson of the company's founder said in an interview by the automaker's own news outlet.

"If it continues at this pace, I can't be a director next year," Toyoda said.
His support rating among foreign institutional investors was particularly weak at 34%. Ahead of the meeting, proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis both took issue with the way Toyota has dealt with certification testing violations.

Toyoda's support among domestic institutional investors stood at around 55%, compared to 70% or more in the previous year.
That indicated half of them were asking him to step down because of his behaviour over the past year, Toyoda said during the interview.
The weaker support among institutional investors contrasted sharply with a nearly 99% approval rating among retail investors.