Chai! Na wetin I see now! Toyota no go hear word again o! Dem don announce new CEO as Kenta Kon go take over from Koji Sato wey dey waka comot dem post. Na real magomago for the motor industry.
This change go happen from April 1, 2026, as Koji Sato wey don dey the post for only three years, go turn vice chairman and chief industry officer. You fit imagine? E go dey work on top industry matters while Kenta Kon go handle internal wahala for the company level.
Naija people, make I tell you, this Kenta Kon no be small fish. As chief financial officer before, he don prove sey e sabi wetin e dey do. Na him dey plan buy Toyota Industries and some people don dey complain say dem no dey transparent for the matter, but u know how e go be in business.
Even Akio Toyoda, the chairman and founder grandson for the company, no fit hide him shock. Na big gbalaga dis change be, especially as Chinese motor companies dey come fast. If dem no quick do sometin, dem go start to dey lose ground for market. You know say wan kpekus for Toyota na to dey run motor business with electric vehicles, but dem don dey lag behind small.
For ya news, dem still release their third-quarter earnings wey show say dem don increase profit outlook by almost 12%! Na buy weak yen and cost-cutting measure wey help them. No be only that, sales for hybrid motor dey enter the market hot, especially for North America and China. E good say dem no dey sleep on top their bicycle.
As dis change dey happen, many observers don dey look at how Toyota go fit respond to the competition from companies like BYD wey don dey rule Southeast Asia. James Hong wey be head of mobility research talk say na now dem don learn sey plenty decisions dey yo as dey try to branch into non-automotive wahala.
But I go like make una watch out ’cause if dem no behave well, dem fit still dey lose market share. Kenta Kon don talk sey e dey surprised well well when dem first call am to take this new role last month. E no expect am, but now, pressure don join am o!
Sato before don carry Toyota enter many record sales level but even though e dey try manage things well, na small matter of making decision quickly dey face am now. E remain to see wetin Kenta go do for the company front. Na this position dey very critical as dem come dey try to keep their head above ground in the fast thank you to brotherly competitors wey sabi how to catch fire!
So for una wey dey follow Toyota matter, keep your ear to grond. Changes dey go down, and na dem time go show if dem fit carry the company go new heights or dem go still drop ball! Una go see, as normal gist not go end here.
Do you have a news tip for NNN? Please email us at editor @ nnn.ng
