The world ‘ageing’ itself is an issue: we do not know what it means.

I think a lot of that first wave of entrepreneurship was missing the product of localization, and they weren't really asking the question, "What are the big, impactful products or problems that we got to solve locally, and forget about the U.S. or forget about Europe?"

I constantly fear that Toyota will go back to being an ordinary company. When that fear spreads to many people, it will be too late. Even with the title of president, it took me 14 years to change Toyota, but things could revert in a flash.

I think it’s probably a natural, adversarial position between a commissioner in any sport and their players association, or union. I was very concerned about this problem. I wanted to be sure that we were clean, so I set up a testing program. Their union took it to arbitration, and got it softened a great deal. So now I will be criticized in the future for drug incidents, yet I was unable to execute a testing program that could stop it.

It takes a combination of ways to do these things, more than discipline. It’s a way of life. It’s like diet or gymnastics. You can know all the gymnastic things, all the exercises. You can know all the diets, but if you don’t do the diets, if you don’t do the exercise, it won’t work. It’s the same if you have some rules, but you don’t live them. It doesn’t work.

I buy companies for strategic reasons and operate them.

I buy companies for strategic reasons and operate them.

It's important to give a better country to your children, but it is more important to give better children to your country.

I buy companies for strategic reasons and operate them.

I buy companies for strategic reasons and operate them.