After stepping down as Toyota’s chief executive, in 1994, he became the head of Japan’s most powerful business lobby, where he helped shape the country’s efforts to fight the economic stagnation that began in the early 1990s.
Shoichiro Toyoda, right, in 1998, when he was chairman of Toyota. At left is Hiroshi Okuda, who was then the company president.Credit...Kyodo News, via Associated Press