What do you work for?No. 105

Sakichi Toyoda — From One Loom for His Mother to Toyota

Sakichi Toyoda was a carpenter's son whose inventions began not with grand ambition but with the sight of his mother weaving late into the night on a hand loom. Wanting to ease her labor, he taught himself loom design — mocked as the village eccentric who shut himself in a barn.

He persisted, eventually perfecting an automatic loom that stopped itself when a thread broke: building "no defects" into the machine itself, the headwater of the Toyota Production System.

He then sold the patent to a British firm and entrusted the proceeds to his son Kiichiro — reportedly saying, "I served the nation with looms; you serve it with automobiles" — investing his success not in his own sequel but in the next generation's new challenge. "Open the shoji — the world outside is vast," he said.

Businesses that begin with one specific person's face travel farthest.

What do you work for?

— Tomoki Nagano, Chairman & CEO, INSTINCT BIO TECHNICAL COMPANY (NASDAQ: BIOT)

About the Company

The Nasdaq-listed company where the author serves as Chairman.

This series reflects the personal views of the author. It is not an earnings forecast, a valuation of any security, or a solicitation to invest.