Hiroshi Okuda, former
Toyota chief credited for leading the Japanese automaker’s global climb, dies 1 of 3 |
Hiroshi Okuda, then, president of
Toyota Motor Corp., smiles as he sits at the steering wheel of the “Aristo,”
Toyota’s remodeled sports sedan during a press conference at a
Tokyo hotel, Aug. 27, 1997. (AP Photo/Shizuo Kambayashi, File) 2 of 3 |
Hiroshi Okuda, then
Toyota Motor Corp. chairman, speaks during a press conference at a
Tokyo hotel on Nov. 1, 2004. (AP Photo/Shizuo Kambayashi, File) 3 of 3 | Outgoing chairman of the
Japan’s foremost business lobby, the
Nippon Keidanren,
Hiroshi Okuda, left, leaves the podium following his one and the last speech as a chairman as newly named chairman
Fujio Mitarai, Canon Corps Chief Executive Officer looks on during the annual meeting in
Tokyo, May 24, 2006. (AP Photo/Junji Kurokawa, File) By YURI KAGEYAMA Updated 2:18 AM MESZ, August 12, 2026 Add AP News on Google Add AP News as your preferred source to see more of our stories on Google. Share Share Facebook Copy Link copied Print Email X LinkedIn Bluesky Flipboard Pinterest Reddit
Tokyo (AP) —
Hiroshi Okuda, the former chief executive of
Toyota, who led the Japanese automaker’s stellar rise in global markets, has died, the company said Wednesday. He was 93. The date and cause of his death were not immediately available. Okuda served as president then chairman of
Toyota Motor Corp. from 1995 through 2006. In his 45-year career at
Toyota, Okuda is especially remembered for having led the development of the gas-electric hybrid
Prius in 1997, a model with the fuel-efficient technology that was ground-breaking at that time. The
Prius became a symbol of the auto industry ’s push for green driving. Okuda was instrumental in helping drive
Toyota’s reputation for fuel-efficiency at a time when gas prices were already surging, such as its bestseller
Camry, as well as the hybrids. Born in central
Japan, the area where
Toyota has its headquarters, Okuda graduated in 1955 from the prestigious Hitotsubashi University in
Tokyo, with a degree in business. Okuda, reputedly outspoken and always ready with a quick laugh, was unusual in not being from
Toyota’s founding Toyoda family, as the leadership at the world’s top automaker tended to be. The former chief executive was key in leading
Toyota’s global expansion over his years at the helm, not only in sales, but also production, setting up manufacturing plants in the U.S. and
Europe.
Japan’s
Toyota reports hefty profit on cheap yen and solid car sales 1 MIN READ Fujitsu and leading Japanese robotics companies to use Nvidia technology in ‘physical AI’ 2 MIN READ Ford to partner with Chinese automaker Geely in Spain in new joint venture 2 MIN READ Okuda, a black belt in judo, was vocal about his concerns over the possible backlash that
Toyota might face, as its growth meant the inevitable dethroning of the American so-called “Big Three,” General Motors, Ford and Chrysler, synonymous for U.S. manufacturing grandeur. He liked to emphasize how the auto industry was global and connected, using the term “harmony” to drive home that message.
Toyota, as well as other Japanese automakers like Honda Motor Co. and Nissan Motor Co., were raking in huge profits, while the Americans were sinking into losses. That helped ring in the “
Japan-bashing” sentiments starting in the 1980s. As is still the case today, the cheap yen was also pointed to as giving
Toyota and the other Japanese makers an unfair advantage. A cheap yen raises the value of overseas earnings for the Japanese, when translated into yen. Okuda was adviser on
Toyota’s board when
Toyota added an American for the first time on its board, Jim Press, in 2007. He was also a proponent of promoting younger management, when that was still relatively rare in Japanese corporate circles, although that usually meant empowering men in their 50s instead of their 60s. “A company must change when things are going well. There’s no point in trying to change after things start going bad,” he told reporters in 2005. That emphasis on staying nimble encapsulates
Toyota’s basic principle of constantly improving, known as “kaizen,” which, along with just-in-time production, centering on the idea of avoiding huge inventory, is at the core of
Toyota’s founding philosophies. Respected in the business community here, Okuda served as head of major business lobbies, such as the
Japan Business Federation known as Keidanren, the
Japan Automobile Manufacturers Association, the Prime Minister’s Economic Strategy Council of
Japan and the
Japan Federation of Employers’ Associations.
Toyota did not immediately have details on surviving family. Funeral arrangements were being made by the family, and plans may be coming later on a more public formal ceremony, according to the company. YURI KAGEYAMA Kageyama covers
Japan news for The Associated Press. Her topics include social issues, the environment, businesses, entertainment and technology. twitter instagram facebook mailto