Toyota Motor Company Describe Toyota’s transition from an automotive company to a mobility company. Due to the changes in technology, there is an increased need to go beyond cars. Toyota aims to create innovations for the next generation featuring cutting-edge technologies such as electrification, autonomous, automated driving, and connectivity, which will expand mobility (Toyota, 2020). The company is transiting to creating an eco-friendly environment and ensuring that they make cost-friendly and valuable products. This is in line with the vision of competitiveness and compassion and collaborating with other companies to ensure a smooth transition. How does Toyota’s corporate philosophy relate to the concepts of profit responsibility, stakeholder responsibility, and societal responsibility? Toyota’s corporate philosophy is that of striving to be