FINANCIAL SUMMARYFY2016(April 1, 2015 through March 31, 2016)

English translation from the original Japanese-language document

Cautionary Statement with Respect to Forward-Looking Statements

This report contains projections and other forward-looking statements that involve risks and uncertainties. Our use of thewords “expect,” “anticipate,” “estimate,” “forecast,” “plan” and similar expressions is intended to identify such forward-looking
statements. Projections and forward-looking statements are based on the current expectations and estimates of Toyota
Industries Corporation and its Group companies regarding their plans, outlook, strategies and results for the future. All suchprojections and forward-looking statements are based on management’s assumptions and beliefs derived from the information
available to it at the time of producing this report and are not guarantees of future performance. Toyota Industries corporationand its Group companies undertake no obligation to publicly update or revise any forward-looking statements, whether as aresult of new information, future events or otherwise. Therefore, it is advised that you should not rely solely upon theseprojections and forward-looking statements in making your investment decisions. You should also be aware that certain risks
and uncertainties could cause the actual results of Toyota Industries Corporation and its Group companies to differ materiallyfrom any projections or forward-looking statements discussed in this report. These risks and uncertainties include, but are notlimited to, the following: 1) reliance on a small number of customers, 2) product development capabilities, 3) intellectual
property rights, 4) product defects, 5) price competition, 6) reliance on suppliers of raw materials and components, 7)
environmental regulations, 8) success or failure of strategic alliances with other companies, 9) exchange rate fluctuations, 10)
share price fluctuations, 11) effects of disasters, power blackouts and other incidents, 12) latent risks associated withinternational activities and 13) retirement benefit liabilities.

April 28, 2016

FY2016 Consolidated Financial Results<Japanese GAAP>(April 1, 2015 - March 31, 2016)

TOYOTA INDUSTRIES CORPORATION

Stock exchange listings: Tokyo and Nagoya (Code number: 6201) (URL: http://www.toyota-industries.com/ )Representative person: Akira Onishi, President
Contact person: Yasushi Kawai, Managing Officer, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)
The expected date of the Ordinary General Meeting of Shareholders: Jun 10
The expected date of submission of the quarterly report: Jun 10, 2016
The expected date of dividends payment: Jun 13
Additional documents to supplement quarterly financial results: Yes
IR presentation: Yes (For analysts and professional investors)(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2016 (April 1, 2015 - March 31, 2016)(1) Consolidated Financial Results(% : changes from the same period of the previous fiscal year)

Net sales

Operating profit%

Million yen%

Million yen

Profit attributable toowners of the parent

Ordinary profit%

Million yen%

Million yen

FY20162,228,944

2.9

127,970

8.8

185,398

8.5

183,03658.8

FY2015

2,166,661

7.9

117,5749.2

170,82723.7

115,263

25.7(Note) Comprehensive income: FY2016 ― (277,053 million yen) [(144.0 %)](Note) Comprehensive income: FY2015 ― 629,626 million yen [96.0 %]Earnings
per share―basic

Earnings
per share―diluted

Yen

Return on equity

Yen

Ordinary profit
on assets%

Operating profit
on sales%%

FY2016582.58582.57

8.3

4.2

5.7

FY2015367.06366.99

5.6

4.0

5.4

(Note) Equity in net profit of affiliates: FY2016 ― 641 million yen, FY2015 ― 1,790 million yen(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio

Net assets per share
Yen%

Million yen

FY2016

4,199,196

2,113,948

48.5

6,481.97

FY20154,650,896

2,425,929

50.7

7,500.16(Note) Shareholder's equity: FY2016 ― 2,036,808 million yen, FY2015 ― 2,356,220 million yen(3) Consolidated Cash flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

FY2016234,957(526,349)

130,923

92,399FY2015

182,191(160,769)(8,918)

248,706

Million yen

Million yen

Cash and cash
equivalents%

Yen

2. Cash Dividends
Total amountof annual
cash
dividends

Annual cash dividends per share
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Yen

Yen

Yen

Yen

FY Total
Yen

Dividend
payout ratio

Total amountof dividends
on net assets%%

Million yen

FY2015

-

50.00

-

60.00

110.0034,54930.0

1.7

FY2016

-

60.00

-

60.00

120.0037,70320.6

1.7

FY2017(Forecast)

-

60.00

-

60.00

120.0031.4

3. Forecasts of Consolidated Financial Results for FY2017 (April 1, 2016 - March 31, 2017)(% : changes from the same period of the previous fiscal year)

Net sales

Operating profit

Ordinary profit

Profit attributable toowners of the parent
Million yen%

Earnings
per share―basic

Million yen%

Million yen%

Million yen%

FY2017 Second
Quarter (accum.)1,080,000(1.8)

58,000(13.4)

90,000(9.7)

62,000(8.8)

197.31FY20172,200,000(1.3)

120,000(6.2)

177,000(4.5)

120,000(34.4)

381.89Yen

4. Others(1) Changes in major subsidiaries (specified subsidaries that changed the scope of consolidation) : No
(2) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies with revision of accounting standards : Yes② Changes other than ① : No
③ Changes in accounting estimates : No
④ Restatement : No
(Note)Please see page 13 on attached documents for details on(Note)”Changes in accounting policies, accounting estimates and restatement".
(3) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2016 － 325,840,640 shares, FY2015 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2016 －11,613,812 shares, FY2015 －11,684,749 shares③ Average number of shares outstanding for each period (accumulated):
FY2016 －314,180,702 shares, FY2015 －314,021,048 shares* Progress of procedures for financial review of financial results
・ The financial statements are under procedures of financial review, at the time of disclosureof this report.
* Explanation regarding the proper use of performance forecasts and other special items
・ All projections are based on the information available to management at the time of making
this report and are not guarantees of future performance. Uncertainties could cause
the actual results of Toyota Industries to differ materially from any projections discussed in this report.
・ Our projections are based on assumed exchange rates of 105 yen to the U.S. dollar and 120 yen to the eurofor FY2017.
・ Please see page 2 on attached documents for details on performance forecasts in "Explanation
for Forecast for FY2017".

(Reference) Forecasts of non-consolidated Financial Results for FY2017 (April 1, 2016 - March 31, 2017)(% : changes from the previous fiscal year)

Net sales
FY2017

Ordinary profit

Earnings
per share―basic

Net profit

Million yen%

Million yen%

Million yen%

1,240,000

4.9

93,000(17.3)

77,000(49.8)

Yen

245.05* Explanation regarding the proper use of performance forecasts and other special items
・All projections are based on the information available to management at the time of making
this report and are not guarantees of future performance. Uncertainties could cause the actual
results of Toyota Industries to differ materially from any projections discussed in this report.
・Our projections are based on assumed exchange rates of 105 yen to the U.S. dollar
and 120 yen to the euro for FY2017.

(Attached Documents)

Contents

1. Business Results ･･････････････････････････････････････････････････････････････････････2(1) Analysis on Consolidated Business Results･･････････････････････････････････････････2(2) Analysis on Consolidated Financial Condition ･･･････････････････････････････････････3(3) Cash Dividends for FY2016 ････････････････････････････････････････････････････････3
2. Management Policy･･････････････････････････････････････････････････････････････････････4(1) Basic Management Policy ･･････････････････････････････････････････････････････････4(2) Basic Policy on the Distribution of Profits ････････････････････････････････････････････4(3) Medium-to Long-Term Management Strategies ･････････････････････････････････････5
3. Basic Rationale for Selection of Accounting Standards ･･･････････････････････････････････5
4. Consolidated Financial Statements ･･････････････････････････････････････････････････････6(1) Consolidated Balance Sheets ･･････････････････････････････････････････････････････6(2) Consolidated Statements of Income and'Consolidated Statements of Comprehensive Income ･･･････････････････････････････8(3) Consolidated Statements of Changes in Total net assets ･･････････････････････････10(4) Consolidated Statements of Cash Flows ･･････････････････････････････････････････12(5) Note on Consolidated Financial Statements(Note on premise of going concern) ･･････････････････････････････････････････････13(Basis of Presenting Consolidated Financial Statements) ･････････････････････････13(Changes in accounting policies with revision of accounting standards) ･･･････････13(Segment Information) ････････････････････････････････････････････････････････････14(Earnings per share) ･･････････････････････････････････････････････････････････････15(Subsequent event) ･･････････････････････････････････････････････････････････････15― 1 ―1. Business Results(1)

Analysis on Consolidated Business Results

In fiscal 2016 (ended March 31, 2016), the global economy registered a mild recovery overall due
primarily to China’s slowing growth despite the solid performance of the U.S. economy, and the future of
the economy are concerned. In addition, sense of business stagnation such as careful movement ofconsumer spending and capital investment spread in Japanese economy. In this operating environment,
Toyota Industries Corporation and its Group companies (“Toyota Industries”) undertook efforts to ensure
customer trust through a dedication to quality as well as to expand sales by responding flexibly to market
trends.
As a result, total consolidated net sales amounted to 2,228.9 billion yen, an increase of 62.3 billion yen,or 3%, from fiscal 2015 (ended March 31, 2015). The following is a review of operations for the major
business segments.
The automobile market continued to expand overseas, on the back of strong sales in the North
American markets despite decline of sales in the Japanese market and emerging market such as
Central and South American market. Amid such operating conditions, net sales of the Automobile
Segment totaled 1,045.7 billion yen, on par with fiscal 2015.
Within this segment, net sales of the Vehicle Business amounted to 480.0 billion yen, an increase of
21.0 billion yen, or 5%. This is attributable primarily to have started producing the hybrid version of the
RAV4 despite a decline in production volume of the Vitz (Yaris overseas) and RAV4.
Net sales of the Engine Business totaled 158.2 billion yen, a decrease of 33.8 billion yen, or 18%. This is
attributable primarily to decreases in sales of KD diesel engines and AR gasoline engines althoughproduction of GD diesel engines commenced.
Net sales of the Car Air-Conditioning Compressor Business totaled 342.6 billion yen, an increase of 18.0
billion yen, or 6%, resulting from an increase in sales in North American, European and Chinese
markets.
Net sales of Electronics Parts, Foundry and Others Business totaled 64.8 billion yen, an increase of 10.1
billion yen, or 13%, due to decreases in sales of electronics parts and foundry parts.
The materials handling equipment market as a whole continued to expand globally, as the European,North American and Japanese market expanded although the Chinese market shrunk. Amid thisoperating climate, Toyota Industries strengthened production and sales structures and rolled out new
products matched to respective markets. In August 2015, Toyota Industries acquired the lift truck
business of Tailift Co., Ltd., a Taiwan-based manufacturer with noted strengths in undertaking
development, production and sales of products closely tailored to the needs in emerging countries,
thereby enhancing its product offerings. In addition, Toyota Industries worked to expand its businessdomain by acquiring the materials handling equipment sales financing business in the United States in
October 2015. Under the circumstances, sales of lift trucks, a mainstay product of this segment,
increased worldwide. These activities led to an increase in net sales of the Materials Handling
Equipment Segment of 79.2 billion yen, or 9%, to 1,004.1 billion yen.
Net sales of the Logistics Segment amounted to 86.9 billion yen, a decrease of 11.1 billion yen, or 11%.
This is due to sales of all shares of Asahi Securities Co., Ltd. and Wanbishi Archives Co., Ltd. which wereconsolidated subsidiaries, in December, 2015 despite an increase in sales of the cargo transport business of
automotive-related parts.
The textile machinery market underperformed due mainly to an economic slowdown in the primarymarkets of China and other emerging countries in Asia. Despite sales of weaving machinery increased,sales of air jet loom and instruments for textile quality measurement decreased. As a result, net sales of
the Textile Machinery Segment totaled 65.6 billion yen, a decrease of 2.5 billion yen, or 4%.
In terms of overall profit, despite an increase in labor costs and depreciation costs, Toyota Industries
recorded an increase in sales while promoting cost reduction efforts throughout the Toyota Industries
Group and exchange rate fluctuations. As a result, Toyota Industries posted consolidated operating― 2 ―income of 127.9 billion yen, an increase of 10.4 billion yen, or 9%, from the previous fiscal year andordinary income of 185.3 billion yen, an increase of 14.5 billion yen, or 9%. Profit attributable to ownersof the parent totaled 183.0 billion yen, an increase of 67.8 billion yen, or 59%, from the previous fiscal
year while Toyota Industries posted an extraordinary profit of 89.8 billion yen arising from gain on salesof shares of subsidiaries.
With regard to the future economic outlook, Toyota Industries expects an ongoing recovery of the
global economy. On the other hand financial policy and prices of raw materials in Japan and in U.S.
requires close monitoring. Moreover, uncertainties surrounding the business climate such as a further
deceleration of the Chinese economy.
Toyota Industries forecasts consolidated net sales of 2,200.0 billion yen, operating income of 120.0
billion yen, ordinary income of 177.0 billion yen and Profit attributable to owners of the parent of 120.0
billion yen. By segment, we forecast net sales of 1,095.0 billion yen in the Automobile Segment and
990.0 billion yen in the Materials Handling Equipment Segment. Our projections are based on exchange
rates of ¥105 = US$1 and ¥120 = €1 for fiscal 2017.

(2)

Analysis on Consolidated Financial Condition

Total assets decreased 451.7 billion yen from the end of the previous fiscal year to 4,199.1 billion yen
due mainly to a decrease in market value of investment securities. Liabilities amounted to 2,085.2 billion
yen, a decrease of 139.7 billion yen from the end of the previous fiscal year due mainly to a decrease indeferred tax liabilities. Net assets amounted to 2,113.9 billion yen, a decrease of 312.0 billion yen fromthe end of the previous fiscal year.
Cash flows from operating activities increased by 234.9 billion yen in fiscal 2016, due mainly toposting income before income taxes of 275.2 billion yen. Net cash provided by operating activities
increased by 52.8 billion yen compared with an increase of 182.1 billion yen in fiscal 2015. Cash flows
from investing activities resulted in a decrease in cash of 526.3 billion yen in fiscal 2016, attributableprimarily to an increase in payments for transfer of business amounting to 277.6 billion yen. Net cashused in investing activities increased by 365.6 billion yen compared with a decrease of 160.7 billion yen
in fiscal 2015. Cash flows from financing activities resulted in an increase in cash of 130.9 billion yen in
fiscal 2016, due mainly to proceeds from long-term loans payable of 153.9 billion yen. After adding
translation adjustments and cash and cash equivalents at beginning of period, cash and cash
equivalents as of March 31, 2016 stood at 92.3 billion yen, a decrease of 156.3 billion yen, or 63%, overfiscal 2015.

(3)

Cash Dividends for FY2016

Toyota Industries paid an interim cash dividend of 60.0 yen per common share in November 2015.
Toyota Industries plans to pay a year-end cash dividend of 60.0 yen per common share, with total cash
dividends for fiscal 2016 amounting to 120.0 yen per common share, an increase of 10.0 yen in fiscal
2015.

― 3 ―

2. Management Policy(1)

Basic Management Policy

The basic management policies of Toyota Industries are upheld as its basic corporate philosophy. We
believe putting the following stated beliefs into viable sincere actions by all employees will lead to greater
corporate value.
① Toyota Industries is determined to comply with the letter and the spirit of the law, in Japan andoverseas, and to be fair and transparent in all its dealings.
② Toyota Industries is respectful of the people, culture and traditions of each country and region inwhich it operates. It also works to promote economic growth and prosperity in those countries andregions.
③ Toyota Industries believes that economic growth and conservation of the natural environment arecompatible. It strives to offer products and services that are clean, safe and have high quality.
④ Toyota Industries conducts intensive product research and forward-looking development activities
to create new value for its customers.
⑤ Toyota Industries nurtures the inventiveness and other abilities of its employees.
It seeks to create a climate of cooperation, so that both employees and the Company can realize
their full potential.

(2) Basic Policy on the Distribution of Profits
Toyota Industries regards the benefits of shareholders as one of its most important management
policies. Based on this stance, we will strive to strengthen Toyota Industries’ corporate constitution,
promote proactive business development and raise its corporate value.
Toyota Industries’ dividend policy is to meet the expectations of shareholders for continuous
dividends while giving full consideration to business performance, funding requirements, the dividend
payout ratio and other factors.
Toyota Industries will use retained earnings to improve the competitiveness of its products, augment
production capacity in Japan and overseas, as well as to expand into new fields of business andstrengthen its corporate constitution in securing future profits for its shareholders.

― 4 ―(3) Medium- to Long-Term Management Strategies
Toyota Industries will continue to undertake concerted efforts to strengthen its management platform
and raise corporate value.
First of all, we will work to bolster our management platform so that we can respond quickly to rapidchanges in the business environment. Specifically, based on the concept of quality first, we aim to build astronger production foundation by maintaining and improving productivity on a global basis. We will also
pursue waste-free business management and strive to improve profitability by reducing productdevelopment lead time throughout the supply chain and carrying out operations improvement activities
in administrative and back-office sections. Moreover, we will strengthen risk management in order toquickly and accurately respond to changes in world affairs. To support such consolidated management
on a global scale, Toyota Industries will aim to improve workplace capabilities and emphasize diversity inthe allocation of personnel while developing human resources who can play active roles in countries
around the world.
In addition to above measures, we will work to not only develop technologies based on the keywordof the 3Es, which we define as “energy,” “environmental protection” and “ecological thinking,” but alsoinnovate our business model by differentiating our products through production engineering technologies
and utilizing the Internet of Things (IoT) in our efforts to release appealing products demanded bycustomers to the global market in a timely manner. Also, we will nurture buds of new growth from theperspectives of markets and customers and strive to commercialize them as soon as possible. Throughthese measures, we aim for sustainable growth of businesses in respective markets, including
automobiles and materials handling equipment for which expansion is anticipated in the medium to longterm, thereby supporting industries and social foundations around the world to contribute to acomfortable society and enriched lifestyles as specified in Vision 2020.
In other areas, Toyota Industries will create a workplace climate that places top priority on safety;
ensure thoroughgoing compliance, including adherence to laws and regulations; and proactively
participate in social contribution activities. By carrying out these initiatives, we aim to broadly meet thetrust of society and grow harmoniously with society. With regard to protection of the global environment,
we will undertake Group-wide initiatives toward the realization of “a zero CO2 emission society in 2050”
based on our Sixth Environmental Action Plan devised in March 2016.

3. Basic Rationale for Selection of Accounting Standards
Toyota Industries is preparing for applying IFRS (International Financial Reporting Standards) in the
future, to enhance the international comparability of its financial information in the capital markets.

― 5 ―4. Consolidated Financial Statements(1) Consolidated Balance Sheets(Million yen)

AssetsCurrent assets:
Cash and deposits
Cash deposits for cash collection and deposit services
Trade notes and accounts receivable
Lease investment assets
Short-term investments
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets:
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets:
Goodwill
Other intangible assets
Total intangible assets
Investments and other assets:
Investment securities
Long-term loans receivable
Deferred tax assets
Lease investment assets
Net defined benefit assets
Other investments and other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets― 6 ―FY2015(As of March 31, 2015)

FY2016(As of March 31, 2016)

247,273
58,250265,504
55,86834,08586,86543,32064,651
24,23468,603(3,756)352,302280,80770,964
10,871
92,29841,86863,03525,185111,306(3,796)

944,901

1,044,843

423,670(250,488)
173,181
1,068,628(747,732)
320,895
159,660(120,309)
39,351
120,652
53,451

409,545(249,496)
160,048
1,224,541(773,207)
451,334
130,840(103,390)
27,449
119,897
22,521

707,532

781,251

95,98596,71676,98093,234

192,702170,2142,593,522
4,693
18,228135,958
28,28925,929(860)

1,945,123
51,911
14,109164,775
8,215
20,154(1,403)2,805,760
3,705,995
4,650,896

2,202,886
3,154,352
4,199,196

(Million yen)

Liabilities
Current liabilities:
Trade notes and accounts payable
Short-term loans payable
Current portion of bonds
Lease obligations
Accounts payable-otherAccrued income taxes
Deferred tax liabilities
Allowance for bonuses to directors
Other current obligations
Total current liabilities
Long-term liabilities:
Bonds payable
Long-term loans payable
Lease obligations
Deferred tax liabilities
Net defined benefit liabilities
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assets
Shareholders' equity:
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Defined benefit plan adjustments
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
Total liabilities and net assets― 7 ―FY2015(As of March 31, 2015)

FY2016(As of March 31, 2016)

205,816
99,73647,05345,66529,245
13,686
636
626
210,721653,187

214,162
170,844
19,99941,41125,75447,473
149
644
153,195
673,636

185,998
421,154
117,185
737,268
86,766
23,404
1,571,779
2,224,967

191,555
508,593
98,771500,077
90,92021,692
1,411,611
2,085,248

80,462
105,592
644,165(41,509)788,71180,462
105,562
789,502(41,266)
934,260

1,523,393(19)
55,598(11,463)
1,567,509
72
69,6362,425,929
4,650,896

1,105,544
360
22,813(26,169)
1,102,547
6
77,133
2,113,948
4,199,196

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(Million yen)
FY2015(April 1,2014March 31, 2015)

FY2016(April 1,2015 March 31, 2016)

Net sales

2,166,661

2,228,944

Cost of sales

1,765,861

1,804,759

Gross profit

400,799

424,184

Sales commissions

16,291

16,944

Salaries and allowances

97,038100,775

Retirement benefit expenses

4,176

5,232

Depreciation

13,96814,769Research and development expenses

41,93043,054Other

109,819

115,436

Total selling, general and administrative expenses

283,224

296,214

117,574

127,970

Interest income

12,357

15,661Dividends income

52,95565,015Gain on sales of marketable securities
Equity in net earnings of affiliated companies
Other non-operating income

735
1,790
10,878242
641
11,355

Total non-operating income

78,717

92,917

Interest expenses

15,876

17,341

Loss on disposal of fixed assets

1,665

1,675

Other non-operating expenses

7,922

16,471

Total non-operating expenses

25,46535,488

Ordinary income

170,827

185,398

Extraordinary income:Gain on sales of shares of subsidiaries
Total extraordinary income
Profit before income taxes
Income taxes-current

170,827
41,18189,81989,819275,218
79,514

Income taxes-deferred

7,971

3,931

Total income taxes

49,15383,445

Profit121,674

191,772

Profit attributable to non-controlling interests

6,410

8,735

Profit attributable to owners of the parent

115,263

183,036

Selling, general and administrative expenses:

Operating income
Non-operating income:Non-operating expenses:― 8 ―Consolidated Statements of Comprehensive Income(Million yen)

ProfitOther comprehensive income:
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Defined benefit plan adjustments
Share of other comprehensive income ofassociates accounted for using equity method
Total other comprehensive income
Comprehensive Income
Profit attributable to:
Owners of the parent
Non-controlling interests― 9 ―FY2015(April 1,2014March 31, 2015)

FY2016(April 1,2015 March 31, 2016)

121,674

191,772

501,084
120
13,362(6,725)(417,966)
379(35,659)(14,872)

109

(707)

507,952
629,626(468,826)(277,053)

620,368
9,258(281,925)
4,871

(3) Consolidated Statements of Changes in Total net assets
FY2015 (April 1, 2014 - March 31, 2015)(Million yen)
Shareholders’ equity

Balance at the end of previous period

Capital stock

Capital surplus

80,462

105,654

563,957

Treasury stock

Total
shareholders’equity(43,012)707,062(3,668)Cumulative effects of changes in accounting policies
Restated balance

Retainedearnings

80,462

105,654560,288(3,668)(43,012)703,393

Changes of items during the period
Dividends from surplus(31,386)(31,386)

Profit attributable to owners of the parent

115,263

115,263
(20)

(20)

1,523

1,461

1,502

85,317

Repurchase of treasury stock(61)

Disposal of treasury stock
Changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period

-

(61)

83,87680,462

105,592

644,165(41,509)(Millionyen; Amounts788,711
less than one

Accumulated other comprehensive income
Valuation
Foreign currency
Defined benefit
difference on Deferred gains ortranslation
plan adjustments
available-for-sale losses on hedges
adjustment
securities
Balance at the end of previous period

1,022,525(139)

44,649(4,629)

Total
accumulated
othercomprehensive
income1,062,404

Subscription
rights to shares

Non-controllinginterests

Total net assets

330

59,528

1,829,326

256(3,412)

59,784

1,825,914

Cumulative effects of changes in accounting policies
Restated balance

1,022,525(139)

44,649(4,629)1,062,404

330

Changes of items during the period
Dividends from surplus(31,386)

Profit attributable to owners of the parent

115,263(20)

Repurchase of treasury stock

1,461

Disposal of treasury stock
Changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period

500,868

120

10,949(6,833)505,105

(258)

9,852

514,698

500,868

120

10,949(6,833)505,105

(258)

9,852

600,015

1,523,393(19)

55,598(11,463)

1,567,509

72

69,6362,425,929― 10 ―

FY2016 (April 1, 2015 - March 31, 2016)(Million yen)
Shareholders’ equity

Balance at the end of previous period

Capital stock

Capital surplus

80,462

105,592

80,462

105,592

Treasury stock

Total
shareholders’equity644,165(41,509)788,711644,165(41,509)788,711Retainedearnings

Cumulative effects of changes in accounting policies
Restated balance
Changes of items during the period
Change in ownership interest of parent related totransactions with non-controlling interests

00

Dividends from surplus(37,699)(37,699)

Profit attributale to owners of the parent

183,036

183,036

Repurchase of treasury stock(30)

Disposal of treasury stock
Changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period

(20)

(20)

263

232

(Million yen; Amounts less than one

-

(30)

145,337

242

145,549

80,462

105,562

789,502(41,266)

934,260

Accumulated other comprehensive income
Total
Valuation
Foreign currency Remeasurements accumulateddifference on Deferred gains ortranslationof defined benefit
otheravailable-for-sale losses on hedges
adjustment
planscomprehensive
securities
incomeBalance at the end of previous period

Subscription
rights to shares

Non-controllinginterests

Total net assets

1,523,393(19)

55,598(11,463)

1,567,509

72

69,6362,425,929

1,523,393(19)

55,598(11,463)

1,567,509

72

69,6362,425,929

Cumulative effects of changes in accounting policies
Restated balance
Changes of items during the period
Change in ownership interest of parent related totransactions with non-controlling interests

0

Dividends from surplus(37,699)

Profit attributale to owners of the parent

183,036

Repurchase of treasury stock(20)

Disposal of treasury stock

232(417,849)

379(32,785)(14,706)(464,962)

(65)

7,496

(457,531)

Total changes of items during the period(417,849)

379(32,785)(14,706)(464,962)

(65)

7,496

(311,981)

Balance at the end of current period

1,105,544

360

22,813(26,169)

1,102,547

6

77,133

2,113,948

Changes of items other than shareholders' equity― 11 ―

(4) Consolidated Statements of Cash Flows(Million yen)

Cash flows from operating activities:
Profit before income taxes
Depreciation and amortization
Increase (decrease) in allowance for doubtful accounts
Interest and dividends income
Interest expenses
Equity in net (earnings) losses of affiliates(Increase) decrease in receivables(Increase) decrease in inventories
Increase (decrease) in payables
Others, net
SubtotalInterest and dividends received
Interest expenses paid
Income taxes (paid) refund
Net cash provided by operating activities
Cash flows from investing activities:
Payments for purchases of property, plant and equipment
Proceeds from sales of property, plant and equipment
Payments for purchases of investment securities
Proceeds from sales of investment securities
Payments for acquisition of subsidiaries' stock
resulting in change in scope of consolidation
Proceeds from sales of subsidiaries' stock
resulting in change in scope of consolidation
Payments for loans madeProceeds from collections of loans
Net (increase) decrease in fixed deposit
Payments for transfer of business
Others, net
Net cash used in investing activities
Cash flows from financing activities:
Payments for acquisition of subsidiaries' stock
not resulting in change in scope of consolidation
Proceeds from sales of subsidiaries' stock
not resulting in change in scope of consolidation
Increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Repayments of bonds
Payments for repurchase of treasury stocks
Cash dividends paid
Cash dividends paid to non-controlling interests
Proceeds from payment by non-controlling interests
Others, net
Net cash provided by (used in) financing activities
Translation adjustments of cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period― 12 ―FY2015(April 1,2014 March 31, 2015)

FY2016(April 1,2015 March 31, 2016)

170,827
127,463663(65,312)
15,876(1,790)(16,129)(20,142)
5,100(30,048)
186,507
65,077(15,622)(53,770)
182,191

275,218
150,011788(80,677)
17,341(641)(27,464)(6,932)
10,773(123,752)
214,665
80,674(17,154)(43,227)
234,957(169,842)
11,244(6,713)
1,158(152,943)
14,702
(716)
375

(947)

(9,717)-140,097(783)
711
12,896(8,495)(160,769)(4,775)
5,732(237,898)(277,643)(3,561)(526,349)

-

(155)

-

524

(24,861)
119,053(40,478)
20,000(29,284)(20)(31,386)(516)
36(21,460)(8,918)9,797
22,300226,406
248,706

83,408
153,980(38,574)
25,555(46,966)(20)(37,699)(1,860)102(7,370)130,923
4,161(156,307)248,706
92,399(5) Note on Consolidated Financial Statements(Note on Premise of Going Concern) : No
(Basis of Presenting Consolidated Financial Statements)(6) (Matters concerning the scope of Consolidation)(7) Consolidated subsidiaries : 214(Addition 7 companies)
Toyota Industries Engine India Private Limited
TOYOTA INDUSTRIES SINGAPORE PTE.LTD.
Tailift Co., Ltd. Group (4 companies)
The Raymond Corporation Group (1 company)(Removal 7 companies)
Asahi Security Co., LTD.
Wanbishi Archives Co., Ltd. Group (2 companies)
Toyota Industries Europe AB Group (4 companies)(6) (Changes in accounting policies with revision of accounting standards)
Effective from the beginning of fiscal 2016, Toyota Industries adopted the requirements per "Accounting Standard for Business
Combinations" (ASBJ Statement No. 21, September 13,2013), "Accounting Standard for Consolidated Financial Statements"(ASBJ Statement No. 22, September 13, 2013), "Accounting Standard for Business Divestitures" (ASBJ Statement No. 7,
September 13, 2013) and others.

― 13 ―

(Segment Information)
FY2015 (April 1,2014 - March 31, 2015)(Million yen)

Automobile

Materials
handling
equipment

Logistics

1,050,713
29,103
1,079,816
35,957558,479

924,995
1,888
926,884
68,843
951,230

98,00015,366113,367
6,224
188,467

48,49855,69994,66580,088

Textilemachinery

OthersTotal

Eliminations

Consolidated

68,188230
68,4182,699
62,82324,762
15,67040,433
3,778
203,383

2,166,661
62,2592,228,920
117,503
1,964,384(62,259)(62,259)70
2,686,512

2,166,661
2,166,661
117,574
4,650,896

8,145

3,595

683

116,621-116,621

8,341

3,111

1,547

187,754-

187,754

Net sales(1) Outside customer sales(2) Inter-segment transactions

Total
Segment Income
Segment Assets
Others(1) Depreciation and amortization(2) Increase in Fixed Assets andIntangible Assets(Notes) 1. Main products of each segment:
Automobile.........................…..

Vehicles, diesel and gasoline engines, car air-conditioning compressors,
electronics components, foundry parts
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems, aerial work platforms
Logistics………………………… Land transportation services, cash collection and delivery and cash proceeds management services,
data storage, management, collection and delivery services
Textile machinery……………… Weaving machinery, spinning machinery, instruments for yarn testing and cotton classing"Others" is business segment not included in reportable segments.

(Notes) 2. Segment income of 70 million yen is inter-segment elimination.
Assets included in the "Eliminations"of "Segment Assets" are mainly cash and deposits, marketable securities and investments
in securities of Toyota Industries Corporation.
(Notes) 3. Segment income is adjusted to operating income of Consolidated Statements of Income.

FY2016 (April 1,2015 - March 31, 2016)(Million yen)

Automobile

Materials
handling
equipment

1,045,782
25,162
1,070,945
33,348554,523

1,004,127
2,210
1,006,337
79,745
1,268,443

86,925
8,756
95,681
5,229
36,16353,47375,20337,999125,519

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

65,684224
65,9084,115
46,357

26,425
15,70942,134
4,887
207,3152,228,944
52,0622,281,006
127,236
2,112,802(52,062)(52,062)643
2,086,393

2,228,944
2,228,944
127,970
4,199,196

6,894

3,309

761

139,642-

139,642

6,791

2,095

739

173,145-

173,145

Net sales(1) Outside customer sales(2) Inter-segment transactions

Total
Segment Income
Segment Assets
Others(1) Depreciation and amortization(2) Increase in Fixed Assets andIntangible Assets(Notes) 1. Main products of each segment:
Automobile.........................…..

Vehicles, diesel and gasoline engines, car air-conditioning compressors,
electronics components, foundry parts
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems, aerial work platforms
Logistics………………………… Land transportation services, cash collection and delivery and cash proceeds management services,
data storage, management, collection and delivery services
Textile machinery……………… Weaving machinery, spinning machinery, instruments for yarn testing and cotton classing"Others" is business segment not included in reportable segments.

(Notes) 2. Segment income of 643 million yen is inter-segment elimination.
Assets included in the "Eliminations"of "Segment Assets" are mainly cash and deposits, marketable securities and investments
in securities of Toyota Industries Corporation.
(Notes) 3. Segment income is adjusted to operating income of Consolidated Statements of Income.

― 14 ―

(Earnings per share)

FY2015(April 1,2014 March 31, 2015)

Net assets per share (exact yen amounts)

FY2016(April 1,2015 March 31, 2016)
7,500.16

Net assets per share (exact yen amounts)

6,481.97

Earnings per share-basic (exact yen amounts)

367.06

Earnings per share-basic (exact yen amounts)

582.58

Earnings per share-diluted (exact yen amounts)

366.99Earnings per share-diluted (exact yen amounts)

582.57(Note) 1. The basis of calculation for earnings per share and earnings per share-diluted is as follows:
FY2015(April 1,2014 March 31, 2015)
1 Earnings per share- basic
Profit attributable to owners of the parent
Profit not attributable to common shareholders
Profit attributable to owners of the parent on common stock
Weighted-average shares(thousand)
2 Earnings per share-diluted
Remeasurements of profit attributable to owners of the parent
Increase in common stock outstanding(thousand)
Subscription rights to shares(thousand)(Million yen)
FY2016(April 1,2015 March 31, 2016)

115,263
115,263

183,036
183,036

314,021314,180

60
60

5
5

(Note) 2. The basis of calculation for net assets per share is as follows:

Total net assets
Amounts deducted from total net assets
Subscription rights to shares
Non-controlling interests in consolidated subsidiaries
Net assets applicable to common stock at end of year
Outstanding shares of common stock at end of year
used for the computation of net assets per share(thousand)(Subsequent event)None― 15 ―FY2015(April 1,2014 March 31, 2015)
2,425,929
69,70972
69,6362,356,220
314,155(Million yen)
FY2016(April 1,2015 March 31, 2016)
2,113,948
77,139
6
77,133
2,036,808
314,226