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Rank: 5 (Previous rank: 10)
CEO: Akio Toyoda Employees: 320,590 Address: 1 Toyota-cho Toyota 471-8571 Country: Japan Website: www.toyota.co.jp 2009 was annus horribilis for Toyota. The world’s largest automaker faced declining global vehicle demand, a stronger Japanese yen, and worst of all, a string of embarrassing recalls that reached ten million worldwide.
It was a rude introduction for new president Akio Toyoda, but 2010 looks better. The automaker reported a surprise profit in its fiscal fourth quarter and is forecasting an earnings increase for this year as it boosts Asia sales and cuts costs further. A much-needed image boost will come from the introduction of the $350,000 Lexus LFA, a carbon-fiber sports car of which only 500 will be built. -- Alex Taylor Subscribe to Fortune Magazine Is Toyota Motor a great company, or what?
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Company | 2009 Number of Employees |
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Wal-Mart Stores | 2,100,000 |
China National Petroleum | 1,649,992 |
State Grid | 1,533,800 |
Company | 2009 Profits ($ millions) |
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Gazprom | $24,556 |
Exxon Mobil | $19,280 |
Industrial & Commercial Bank of China | $18,832 |