Toyota 2007 Annual Report Download - page 9

ANNUAL REPORT 2007 7
In fiscal 2007, ended March 31, 2007, Toyota again posted solid
business results. On behalf of Toyota’s management team, I would
like to sincerely thank our shareholders, customers, suppliers, and
local communities for their constant support and understanding,
which continue to underpin Toyota’s growth.
This year, Toyota celebrates its 70th anniversary. Looking
back, our development and growth is a result of sticking to
manufacturing basics while focusing on making cars that meet
customer needs. “Making things” is not simply making products by
using machines and materials. It also embraces the know-how and
skills our predecessors garnered through repeated trial and error
as well as a sense of accomplishment and pride. We believe that
“making things” is about developing people. So we have taken a
long-term approach that aims to cultivate employees. As Toyota
continues to grow, I believe that one of my major responsibilities is
to pass on this approach to manufacturing to the next generation.
The first sentence of The Toyoda Precepts, which asserts
Sakichi Toyoda’s philosophy, states, “Be contributive to the
development and welfare of the country by working together,
regardless of position, in faithfully fulfilling your duties.” This
philosophy is the foundation for Toyota’s success and manage-
ment mind-set to this day. As we look to The Toyoda Precepts as
our guiding principles, we want to continue to develop the Company
while contributing to the development of the automotive industry
and international society. We will also step up our efforts to tackle
environmental issues. My pledge to you is that we will maintain our
focus on earning the trust and respect of people around the world.
July 2007
Fujio Cho, Chairman