Call back

Where are They Now: Toyota Motor Corporation

Free «Where are They Now: Toyota Motor Corporation» Essay Sample

Toyota Motor Corporation, established in 1937 and headquartered in Toyota, Aichi prefecture, is the largest Japanese automotive corporation as well as the world’s largest car manufacturer. The company also provides financial services and has few additional lines of business. Currently, the company occupies the eighth place in the Fortune Global 500. In order to hold its position of the world’s largest car manufacturer, Toyota has reinforced its risk culture and infrastructure by establishing the Risk Management Committee chaired by the Global CRO, and including Chief Officers, Senior Managing Officers and Local CROs among its members. It meets twice a year to identify risks that may influence business activities and implement measures to prevent them. The Committee reports on major risks in each region, confirms the current risks and reports on the status of actions that address the most serious risks (Wimmer, 2012). Since 2009, Toyota has been struggling with the effects of multiple crises by using this approach, but the strongest of them were the consequences of the earthquake in Japan in 2011, which caused an enormous damage to the entire Japanese automobile industry. The earthquake of March 11 with the magnitude of 8.9 was the most destructive in the history of the country. Following the powerful disasters, the north-east of the country was devastated by the tsunami with a height of more than ten meters, which covered a total area of 561 square kilometers. According to the reports, about 16,000 people became victims of the tragedy. About 126,000 buildings were destroyed, and 260,000 were partially damaged. The direct damage from the disaster is estimated at 25 trillion yen (about 312 billion dollars) (Bacon & Hobson, 2014).


Title of your paper
Type of assignment
Number of pages
Academic Level

In the terms of identification and measurement, it is possible to say that earthquakes are the main risk factor for Japanese companies. Because of the residual seismic activity, Japan is often struck by non-hazardous earthquakes of magnitude of 6.0. Therefore, most of Japanese plants, including those of Toyota are reinforced to withstand them. Moreover, after the disaster, Toyota stopped production at all its factories in Japan for three days, which allowed avoiding casualties and maintaining the positive image of the company. On the contrary, Toyota’s main competitors ignored these measures. As a result, one worker died and thirty were injured after the wall collapse at the Honda plant. In addition, two staff members were injured at the Nissan engine plant (Bacon & Hobson, 2014).

However, the mentioned safety measures also had a negative effect on the company. During the downtime, Toyota did not release about 300,000 vehicles. As a result, its operating income was cut by 110 billion yen (1.36 billion dollars). The strong yen also had a negative effect on the earnings, when net income decreased from 112 to 25 billion yen (314 million dollars). The operating profit of the company has declined by 52%, to 46 billion yen (571 million dollars), less than a half of the projected 96 billion yen (1.2 billion dollars). The company’s quarter sales have decreased by 12%, to 4.6 trillion yen (57 billion dollars) (Bunkley, 2011).

In the terms of disaster recovery planning, Toyota’s management has implemented both short and long-term recovery strategies. The company short-term recovery strategy included the steps on restoring the disrupted supply chains (one of the main reasons for downtime) as well as reallocation of certain resources (electronic equipment for vehicles) between plants in order to optimize production. Moreover, in order to provide sufficient funding for recovery and improve its financial results, the company has restored production of some models of hybrid vehicles, which are in high demand on the world market (Toyota Prius and Lexus CT200h). As a result, the production process on the plants in Aichi and Fukuoka prefectures was restored by March 28, i.e. in two weeks. Full restoration of the production has occurred by the end of 2011 (Wimmer, 2012).

As for the long-term recovery strategy, in order to increase the sales and improve its financial results after the disaster, Toyota management has implemented the strategy of Toyota New Global Architecture (TNGA). This strategy involves simultaneous development of a variety of different vehicle models and the widespread use of standardized modular components. TNGA is aimed at the reduction of the costs and the increase of the attractiveness of Toyota vehicles due to a well-functioning mechanism of modeling. According to the estimates, the new strategy will increase effectiveness of new product development by 20-30% while saved time and funds will be invested in development of new technologies, production optimization and improved design. Among other things, Toyota will use more components that meet international standards, which will have a positive impact on logistics and reduce transportation costs. Ultimately, it is planned to unify up to 80% parts in Toyota cars built on the same platform, against the current 30%. Moreover, Toyota designers will develop the new models according to the schedule of their release. According to the estimates, the new strategy will allow the company to produce sell about 10 millions of cars per year (Wimmer, 2012).

Benefit from Our Service: Save 25% Along with the first order offer - 15% discount, you save extra 10% since we provide 300 words/page instead of 275 words/page

Order now

In conclusion, it is possible to say that the correct enterprise risk management (ERM) may ensure the company recovery even after a serious, force-majeure event. The actions of Toyota Motor Corporation after the Japanese earthquake of 2011 are a vivid example of the efficient ERM, and it is possible to draw the following lessons from the company experience: first of all, establishment of a special department that specializes in risk management. Second, implementation of safety measures that allow enhancing company reputation to prevent possible further fall of sales. Third, thorough analysis of the market aimed at the uncovering of additional sources of funding for recovery procedures. These disaster recovery measures have allowed Toyota to recover from the disaster and maintain its leading position on the world automotive market. Since the long-term strategy is yet to have results, it is difficult to estimate its efficiency. However, judging by the effects of a short-term recovery strategy, which was designed by a team of skilled professionals, it is possible to say that the company will achieve its goal once again and strengthen its advantage even more.


Absolute Confidentiality

Our company never discloses clients’ personal information to anyone.


Original Papers

Every paper is protected against plagiarism by specialized plagiarism detection software.


Timely Delivery to Beat any Deadline

Simply put, we do not miss deadlines even the tightest ones.


24/7 Customer Support

Whenever questions arise, feel free to get in touch with us during day and night.

Buy Essays Online from Us to Resolve Your Academic Challenges

Cannot write an ordinary essay or a complex thesis or dissertation by yourself? Do not worry since we have online solutions for every client. We are the most credible writing company where you can order an academic paper of any type. Whether you want to buy essays online, short-answer questions assignments, reaction papers, book reports, or any other projects, contact our academic writing agency. We know that students often face tough challenges through the academic years and want to help them ease their burden.


It is no secret that students are obliged to submit numerous writing tasks, which are a part of their educational curriculum. If you are one of those students who experience troubles while creating memos, research papers, concept maps and other pieces of writing, you may become extremely worried about the outcome, especially if the deadline is fast-approaching and instructions are perplexing. Our professional essay writers can help you handle your assignments and improve your final grades. So, do not hesitate to ask us for writing assistance.

We are here to help those desperate students who would like to get a perfectly written term paper, dissertation chapter, synopsis, grant proposal or any other work with completely authentic content. We do understand that the submission of plagiarized academic writing projects may lead to negative consequences such as unsatisfactory grades or even suspension from an educational establishment. In case you do not know how to create original content, order custom essays online from us. The qualified and professional essay writers comprising our team are experts in producing authentic texts. They always write papers from scratch and make proper citations, which means top-notch academic writing material is guaranteed. Thus, buy essay paper writing at if you desire to receive impeccable projects.


Title of your paper
Type of assignment
Number of pages
Academic Level

Buy Essay Paper Writing and Enjoy a Variety of Services Offered

Since students are assigned the tasks and projects of diverse nature, they strive to find the online company that can provide them with not only an essay writing service but also a spectrum of others that could help them cope with their assignments. is the company that offers a broad range of professional essay services. Some of them are listed below:

  • Professional essay editing. You have produced your custom essay but you are unsure whether it is correct in terms of sentence construction, clarity of text, etc. No problem! Submit your essay online to us and expect to be delivered a flawless work.
  • Valuable rewriting. We can reword any type of text. Thus, do not delay submitting your paper to us. Be confident that the rewritten document will be focused on the same topic and deliver the same messages as the original one.
  • Great formatting. Whether you buy essays online from us or the papers of other kinds, be certain that the citation style indicated in the order form will be applied correctly. We are conversant with all formats.
  • Remarkable proofreading. If you hesitate about being able to correct all punctuation errors, misspelled words, typos, etc. in your piece of writing, hire our proofreaders. They can easily spot all mistakes and correct them.

Regardless of the custom essay service you intend to use, you can be confident tha the final output will be outstanding since we are the experts focused on superb results. We realize that education matters a lot to you and it is not always easy to reach the objectives which you have defined for yourself. However, our custom essay writing team is here to assist you in the best way possible. So, do not panic if you don’t have a clue about how to create a powerful custom essay. Instead, turn to us to use our remarkable essay writing service.

Huge Discounts for Loyal Customers Who Regularly Order Custom Essays Online from Us


For more than

30 pages



For more than

50 pages



For more than

100 pages


Continue placing orders on our website and you will be provided with generous discounts for your loyalty. The discount rate depends on the number of pages ordered. The increasing number of orders presumes the rise of discounts from 5% to 15%. For example, if you buy 30 pages in total, you will receive a 5% discount on the future orders. In case you purchase 50 pages in total, you will get an opportunity of receiving a 10% discount on your next orders. When your assignments total 100 pages, you will be offered a 15% discount on the next orders. The most interesting fact is that such type of discount is called “life-time” and you will have an opportunity to use it as much as you need. Try our essay writing service now!

Why Should I Order an Essay from Your Website?

Have you ever thought about the cases when you cannot cope with a huge amount of home tasks and numerous academic papers that have to be written within a short time frame, whereas some other students get the best grades with ease? It is no longer a secret – they use online essay writing services and do not spend even a minute on writing boring essays and research papers.

When using a valuable academic writing service, one gets a wonderful opportunity to have some free time and manage it in their own way. Students get a chance to devote their attention to something other than studies. For example, they can take up a new hobby, try the kind of sports they have been dreaming of, enhance their personal development, etc. A worthy essay writing service is a great tool for those who want to make their academic life easier and more interesting. With a superb service at hand, students may stop bothering about the constant need of doing endless assignments, lab experiments, tests, etc.

If you also want to save your time and efforts just like other students in your class, make an order on our website and get numerous advantages:

Your paper will be assigned to the best writer, who specializes in your subject. It means that an expert writing specialist will complete your assignment according to your demands, so that you can get the desired grade.

You will have 48 hours (1-19 pages) or 30 days (20+ pages) for a free revision if you think that some requirements have not been followed by the writer. Please remember that this option requires keeping initial guidelines the same.

If you buy an essay online from our agency, be confident it will belong to you only. We never resell our clients’ orders as we value both their trust in us and our reputation. So, full ownership is granted!

On our website, you can buy essay papers at attractive prices that won’t hurt your budget. Just access our “Prices” page to see what rates we charge for different types of papers. Y0u can even determine the cost of your work before ordering it.


Use discount code first15 and

Get 15% OFF Your First Order!


Advantages of Cooperating with Our Professional Essay Writers

The question “Where to buy essays online?” is acute for a large number of students who cannot handle their assigned projects on their own. You have to be careful while choosing an agency to buy an essay paper online from, especially when it goes about some unknown online writing companies. There are more and more fraudulent providers on the Internet and students often become their victims by investing money into their scam services.

However, our company is known for providing a remarkable essay writing service. We have a big client base and we receive a lot of positive feedback on our work. We know how to satisfy customers’ demands and deliver superior quality services to every student.

If you buy an essay paper or that of any other kind from our online writing company, be certain that your professor will not even assume that it was written by another person. By using the writing service offered by our agency, you can confident of receiving a genuine paper written according to your specifications. You will not find a similar paper on the web, we guarantee!

One of the most important aspects to consider when choosing us to buy an essay online is our writers. We have a very strict hiring process since we want our writing team to comprise only highly knowledgeable and experienced specialists. We employ only the best writers on the writing market. Whenever you buy an essay or a complex dissertation, we will find the most suitable writer to accomplish your writing task.

We employ only professional essay writers who are degree holders and are able to take into consideration all customers’ needs. Here is a list of benefits you can gain if you hire one of our experts to write an essay online for you.

  • Your writer will carry out detailed research on your topic and gather all appropriate materials to make sure that your topic is covered fully.
  • The assigned expert will carefully analyze the collected data and determine the order of presenting it.
  • The specialist working on your assignment will structure it coherently so that it looks visually attractive and is easy to read.
  • Your writer will complete the given task according to the indicated citation style. Therefore, you no longer need to spend hours reading rules of formatting not to lose points for the paper.
  • If you buy essay papers on our website, have no doubts that it will contain all the required visual material, i.e. charts, tables, diagrams, etc.

If you want to write an essay or research paper on your own, you will have to spend many hours in the library and browse numerous online databases to find appropriate materials. However, our professional essay writers can do everything more effectively and according to the indicated deadline. So, buy essay assignments from us to ease your academic workload. You only have to place an online order.


Simple Ordering Process: Buy Essay Assignments with Ease!


Submityour paper details


Payfor the order


Downloadyour paper


Only a Few Clicks to Buy Essay Writing of Top Quality

The process of using our essay writing service is indeed rather simple. It requires our customers, who want to order an essay online from, to fill out a comprehensible form and that’s all. So, to buy essay paper writing from us, you need to:

  1. Provide broad guidelines about how to deal with your assignment. Indicate the deadline, topic, number of words, spacing, citation style, etc.
  2. Pay for your assignment. We offer several reliable payment methods which you can use to buy an essay online from us. Once the transaction is verified, your assignment will appear in our system.
  3. Communicate with your expert if required. We have created an effective system for online communication between our clients and writers. So, you can always send your specialist a message if such a need arises.
  4. Download your completed paper. Once your deadline expires, your assignment will be uploaded to your account at Additionally, the copy of your completed project will be sent to your email.

So, why waste your time if you can order an essay from us and forget your worries and troubles? Our academic writing team is always ready to assist you in overcoming your academic difficulties. Thus, feel free to use our essay writing service to achieve the desired success!

Use disount code first15 and
Place your order now
Online - please click here to chat

Coherent Cookies Policy: our aim is customer satisfaction! We guarantee complete security, fully customized content and perfect services. Read more »

It’s Ok