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Sharp drops for big technology companies are yanking the U.S. stock market lower on Thursday, while prices for bitcoin, silver and gold weaken. Yields are also sinking in the bond market following discouraging news on the U.S. job market. Alphabet was one of the heaviest weights on the market and
All about Kenta Kon: The man steering Toyota into its next era
Toyota's Chief Executive Koji Sato is stepping down after three years. Kenta Kon, the current Chief Financial Officer, will take over as the new leader. Kon joined Toyota in 1991 and has a strong background in finance. He has also been involved in the company's expansion into mobility solutions and real estate ventures.
Toyota Chief Executive Koji Sato will step down after just three years at the helm of the world's largest automaker, the company said on Friday, and will be replaced by chief financial officer Kenta Kon.
What do we know about Kon?
* Kon joined Toyota Motor in 1991 after graduating from Tohoku University with a degree in economics and has since risen through the company's accounting and finance ranks.
* He is a board member and operating officer, and became chief financial officer in July 2025.
* In recent years, 57-year-old Kon has taken on an expanded role within Toyota's push into wider mobility solutions and is a director at Woven by Toyota, the group's software-focused technology unit.
*He is also a director at Toyota Fudosan, the group's real estate unit leading the buyout of Toyota Industries that has been opposed by activist shareholders.
In a recent interview with Reuters, Kon said the group had been careful to ensure that it does not prioritize anyone unfairly in the buyout deal.
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Source: EconomicTimes
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