Japanese Entrepreneurs, Biography, Sakichi Toyoda, Toyota Industries Corporation, Born in 1867

Sakichi Toyoda (1867-1930) was a Japanese entrepreneur and inventor, most notable for founding Toyota Industries Corporation in 1926.

Born in 1867 in a small village in Japan, Toyoda was the son of a successful carpenter and grew up with an interest in mechanics and engineering.

At the age of 18, Toyoda moved to Tokyo to pursue a career in engineering.

Toyoda developed a number of inventions throughout his life, most of which were related to the production of textiles.

In 1924, he developed the world's first automated loom, which revolutionized the textile industry.

In 1926, Toyoda founded Toyota Industries Corporation, which eventually became one of the world's largest automobile manufacturers.

Toyoda's success was due in part to his philosophy of "kaizen" or continuous improvement.

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