Saturday, December 18, 2010

Toyota President appears on the company's huge deficits apology

According to the common social news, Toyota Motor Corporation in Japan on 23 May morning in Toyota city, Aichi company held a general meeting of shareholders, President Watanabe at the general meeting of shareholders on the company's huge deficit represents the apology.

Shareholders ' meeting approved the company's proposed cuts dividend proposal. Affected by the crisis, the Toyota Group in fiscal 2008 (April 2008-March 2009) of the net loss of $ 4369 billion yen (us $ approximately 1 96 yen). Company so it is recommended that the per-share dividend from previous year 140 Yen reduced to 100 yen. This is Toyota since 1994 for the first time since fiscal year 2001 to reduce the amount of the dividends.

In order to clarify the responsibility of the operators, the company proposed to suspend the Board of Directors of bonus payment, that is, when a Board member of bonuses reduced to zero. This recommendation also obtain the approval of the general meeting of shareholders. The meeting has become the largest attended the General Assembly, to be shareholders up to 3364.

Subsequent meetings of the Board of Directors formally approved Toyota chapter men and was promoted to the company's new CEO. 52, who is a chapter male Toyota Toyota late founder Kiichiro Toyota's grandson, 2000 into Toyota's senior management, 2005 has served as Executive Vice President. Toyota became the Chief means of chapter men, since 1995 Toyota chapter man Uncle Toyota Tatsuro after leaving office, a member of the Toyota family once again at the helm of this Japan's largest manufacturing enterprises.

No comments:

Post a Comment