SHERIDAN, WYOMING - March 31, 2026 - Toyota Motor Corporation's 2026 operating and governance changes shift who controls finance, production and board-level oversight, giving procurement, operations and strategy teams a clearer view of decision authority ahead of the next fiscal cycle. Effective April 1, the company is changing executive and senior management responsibilities, while a revised Board of Directors structure will follow the 122nd Ordinary General Shareholders' Meeting in June 2026. The update moves Kenta Kon from chief financial officer to president and chief executive officer, shifts Koji Sato to vice chairman and chief industry officer, keeps Hiroki Nakajima as executive vice president and chief technology officer, assigns Yoichi Miyazaki as executive vice president and chief financial officer, and promotes Takefumi Shiga to operating officer and chief production officer.
Leadership changes from April 1
The April 1 structure redraws Toyota's top executive chain across core operating functions. Kenta Kon, who currently serves as operating officer and chief financial officer and is also director and chief financial officer of Woven by Toyota, Inc., will become president, operating officer and chief executive officer. Koji Sato, currently president, operating officer and chief executive officer, will move to vice chairman and chief industry officer. The technology portfolio remains with Hiroki Nakajima, who continues as executive vice president, operating officer and chief technology officer.
Finance and manufacturing leadership also change hands. Yoichi Miyazaki moves from executive vice president and operating officer to executive vice president, operating officer and chief financial officer. Takefumi Shiga, now deputy chief officer of the Production Group, becomes operating officer and chief production officer. Other regional and brand roles remain in place in the disclosed structure, including Tetsuo Ogawa for North America, Tatsuro Ueda for China and Simon Humphries as chief branding officer. In senior professional and senior management roles, Yasuhiro Arima moves from Toyota Motor North America, Inc. to deputy chief officer of the Japan Business Group, while Masahiro Miyoshi is seconded from deputy chief officer of the Japan Business Group to Toyota Finance Corporation.
Board structure after the shareholders' meeting
Toyota's board configuration after the 122nd Ordinary General Shareholders' Meeting points to a deliberate separation between day-to-day executive management, board supervision and audit oversight. Six candidates for directors excluding Audit and Supervisory Committee Members are scheduled for official appointment after shareholder approval in June 2026. The company states that the four directors serving as Audit and Supervisory Committee Members are on single two-year terms and will not be submitted to this general meeting.
The proposed board lineup lists Akio Toyoda as chairman of the Board of Directors and representative director. Kenta Kon is nominated as president and member of the Board of Directors and representative director, while Hiroki Nakajima and Yoichi Miyazaki are each nominated as executive vice president, board member and representative director. Shigeaki Okamoto and Kumi Fujisawa are listed as board members, both identified as outside or independent members. On the audit side, George Olcott is listed as chairman of the Audit and Supervisory Committee Members and an outside or independent member, with Christopher P. Reynolds, Masahiko Oshima and Hiromi Osada also continuing in audit and supervisory committee roles. Toyota notes that specific titles for board members and legal representative assignments will be determined at the Board of Directors meeting following the shareholders' meeting, and that outgoing directors formally resign when that meeting closes.
Business impact
Procurement leads and supply chain officers gain a more defined map of who will own financial discipline and production execution in 2026. With Kenta Kon moving from the finance function to chief executive officer and Yoichi Miyazaki taking the chief financial officer role, budget approvals, capital allocation and supplier cost discussions will likely route through a changed finance-management interface. Operations directors and manufacturing planners also need to track Takefumi Shiga's elevation to chief production officer because factory priorities, production recovery decisions and manufacturing coordination will sit under newly clarified leadership.
Technology evaluation teams and regional business managers should also read the board nominations as a signal on decision escalation and governance. Hiroki Nakajima retains the chief technology officer role while also being nominated as a representative director, which concentrates technology strategy within both management and board-level authority. Teams working with North America, China and Japan business units can use the unchanged regional leadership and the personnel shift involving Toyota Motor North America and the Japan Business Group to update stakeholder maps, approval paths and internal reporting assumptions for 2026 planning. For governance, legal and compliance teams, the continued presence of outside or independent directors and the standing audit committee structure matter because board independence and audit continuity shape how strategic, financial and control decisions are reviewed during the coming cycle.