Taizo Ishida
Profile
Performance in office
Tenure
Tenure
Background
In 1927, on the advice of Ichizo Kodama, he joined Toyoda Boshoku and handled sales as its Osaka representative. In January 1941, President Risaburo Toyoda ordered him to move along with Kiichiro Toyoda, and he transferred to Toyoda Automatic Loom Works as a Director. During the war he directed the production of bayonets and machine guns for the arsenal in addition to automobile parts. As of September 1955, Taizo Ishida was listed among the top ten shareholders as an individual; although he had come in from outside as a chief steward, he was also a shareholder of the company.
Selection
He became president, succeeding Risaburo Toyoda. Around the time he took office, the Toyoda companies were designated a zaibatsu and broken up; the body works was renamed Kariya Shatai and the electrical business Nippon Denso, while only the Automatic Loom Works kept its name. In 1949 a 21-day strike broke out over retirement allowances; against a demand of 80 to 100 months' salary, he settled it at 60 months of base pay. In 1950, to resolve the labor dispute at Toyota Motor Co., he also became its president while remaining president of the Automatic Loom Works.
Initiatives
Textile machinery sales fell from ¥7.37 billion in the fiscal year ended March 1952 to ¥2.96 billion in FY ended March 1954. As the next source of earnings he chose contract manufacturing for Toyota, starting production of the S-type passenger car engine in December 1952 and building the new Kyowa Plant in August 1953 to enter vehicle assembly. In March 1956 the company began producing forklifts in-house, using Toyota Motor Sales' nationwide network as its sales channel to take the top domestic share within a short time. In June 1954 it established Toyoda de Mexico. The ban on loom imports he had counted on never materialized, and he gave up that operation in 1959.
Career
Career
Toyota Industries
| Date | Position |
|---|---|
| 1947 | President |
| 1969 | Stepped down as President |