The Toyota story is an inspiration in many regards, not least the way that the business was turned around in a short period - from difficult trading and pricing conditions to a record result.
It goes to show the underlying strengths of the family business model, reputation, relationships and family values in maintaining control and direction over the business.
Family businesses the world over have strong reputations, trust based on their values and beliefs, and it is these that come to the fore and provide leverage at times of need.
Even in the instance of Toyota and the Toyoda family (who have a minority share in the business today) values remain important and the family name was a key component of helping to turn things around.
With a cautious attitude and making strong use of his family assets – the reputation, values and professional network of the Toyoda family, and a company structure which ensured the family kept control of key positions – Akio was able to turn the company around, to the extent that by 2015 Toyota posted record sales and a profit of nearly US$18 billion.