Profit Comparison – Toyota vs. "Big 3"

6
3

I was pulling this data together for a lean overview presentation that I'm doing. This quote, from a Toyota handbook, helps illustrate that Toyota, for all of its high-minded goals and purpose, is in business to make money.

“The Toyota Production System is a framework of concepts and methods for enhancing corporate vitality. It enables companies to achieve continual gains in productivity while satisfying customers' expectations for quality and prompt delivery.”

Toyota net income was just over $10B USD. (click on graph for a better image).

Please check out my main blog page at www.leanblog.org

The RSS feed content you are reading is copyrighted by the author, Mark Graban.

, , , on the author's copyright.


What do you think? Please scroll down (or click) to post a comment. Or please share the post with your thoughts on LinkedIn – and follow me or connect with me there.

Did you like this post? Make sure you don't miss a post or podcast — Subscribe to get notified about posts via email daily or weekly.


Check out my latest book, The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation:

Get New Posts Sent To You

Select list(s):
Previous articleToyota’s Basic Management Policy
Next articleIndustry Competitiveness: Where Do We Stand?
Mark Graban
Mark Graban is an internationally-recognized consultant, author, and professional speaker, and podcaster with experience in healthcare, manufacturing, and startups. Mark's new book is The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation. He is also the author of Measures of Success: React Less, Lead Better, Improve More, the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, and the anthology Practicing Lean. Mark is also a Senior Advisor to the technology company KaiNexus.

3 COMMENTS

  1. Another interesting point to note is per today’s share prices, GM and F market valuation is app 15B each (roughly 1.5 times yearly income of Toyota)!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.