By October 13, 2005 3 Comments Read More →

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).

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Mark Graban's passion is creating a better, safer, more cost effective healthcare system for patients and better workplaces for all. Mark is a consultant, author, and speaker in the "Lean healthcare" methodology. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent project is an eBook titled Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also the VP of Improvement & Innovation Services for the technology company KaiNexus.

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3 Comments on "Profit Comparison – Toyota vs. "Big 3""

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  1. Anonymous says:

    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)!

  2. Anonymous says:

    Content aside – that graphic would have looked a lot better as a gif or a png.

  3. Mark Graban says:

    Yeah, I know it doesn’t look great, but you can click on the graph to get a better quality image.

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