Toyota’s Profit Decline and Leadership Shift Reveal Deeper Threats to Global Supply Chains

TOKYO — Japan's automotive titan Toyota recently announced a staggering 43% plunge in quarterly profits alongside a major leadership shake-up, naming Chief Financial Officer Kenta Kon as its new CEO. While executives speak of a "gear shift," this personnel change masks a larger crisis: the growing fragility of global supply chains fueled by decades of reckless reliance on international dependencies.Kon replaces Koji Sato, who will remain vice chairman but step away from day-to-day leadership amid mounting challenges. The timing could not be more critical. Rising material costs globally and the ripple effects of tariffs imposed during President Donald Trump’s America...