Profit Comparison – Toyota vs. "Big 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).