Koji Sato will take on the role of vice chairman of Toyota's board of directors and will also have an executive role as production manager.
Toyota is also raising its full-year profit forecast after setting a new sales record, meaning the blow from U.S. tariffs was not as severe as feared.
For the full fiscal year ending in March, profit is now estimated at 3.8 trillion yen (equivalent to almost 220 billion kronor). The previous forecast was 3.4 trillion yen.
