This just isn't the case anymore, Toyota isn't that company.
Right now they're just producing cars that are better engineered and it isn't because their pieces are conservative. Their technology isn't lagging, in fact, it's ahead in this particular area of COMMODITY cars.
Even that being granted, Toyota is an integrator. They don't have vertical control of their supply chain. They're not as far ahead or different from other companies, they just have different priorities and a larger war chest to draw from.
Luxury cars are ahead but that isn't in contention.