Lexus repositioning wasn’t forced by new big brother brand Century, says global boss

Lexus president Takashi Watanabe has told CarExpert the repositioning of the brand wasn’t forced by the decision of parent company Toyota to introduce the even more upscale Century brand globally. 

In October 2025, Century was announced as the pinnacle of the ‘Toyota family brands’ which also includes Toyota, GR, budget brand Daihatsu (not sold in Australia) as well as Lexus. 

Speaking through an interpreter at the Japan Mobility Show (JMS) in Tokyo, Watanabe-san explained the repositioning of Lexus was part of a broader examination of where brands will focus for the future.

“It’s not necessarily because we released the Century,” he said. 

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When CarExpert enquired about the timing of the reshuffle, Watanabe-san stressed the ever-changing dynamics of the global automotive industry as a tipping point.

“This show represents the timing – we’re at a critical point. It wasn’t just because of Century, but because the world is changing so much.”

Lexus is currently performing strongly, with record global sales (851,214) in 2024 and an upward trend in Australia. Its sales locally are up 9.7 per cent year-to-date.

The much-publicised new approach comes while the brand is in a position of strength rather than a rethink after lacklustre results. 

Akio Toyoda presenting the Century concept at the 2025 Japan Mobility Show
Akio Toyoda presenting the Century concept at the 2025 Japan Mobility Show