Major Developments in Toyota Industries’ History
Major Developments in Toyota Industries’ History

1920s

1940

1960

Toyoda Automatic Loom Works, Ltd.
(now Toyota Industries Corporation)
established to manufacture andmarket automatic looms invented bySakichi Toyoda.

Steel Production Division separates
and becomes Toyoda Steel Works,
Ltd. (now Aichi Steel Corporation).

Shovel loader production starts.

1944

Sakichi Toyoda

Obu Plant starts operations,producing castings.

Toyoda Automatic Loom TypeG invented by Sakichi Toyoda.

86

Car air-conditioning compressor(CC3A type, CC3B type) productionstarts.

1963Dump truck production starts.
Friction welder production starts.

1929

1949

1964

Spinning frame production starts.

Company stock listed on Tokyo,
Osaka and Nagoya Stock Exchanges.

J-type diesel engine production starts.

Automatic loom patent sold to PlattBrothers & Co., Ltd. of the U.K.

1930s
1933
Automobile Division set up.

1950s
1952
Automobile engine (S-type gasolineengine) production starts.

1967

1934

Nagakusa Plant starts operations,producing small commercial vehicles.

A-type automobile engine completed.

Publica (van) and Mini Ace(automobile) production starts.

1935
Prototype of Model A1 passenger carcompleted.

1953
Kyowa Plant starts operations,producing engines and assembling
automobiles.

1955
Company unveils Model G1 truck at a
new-car-release exhibition in Shibaura,Tokyo.

1924

1960s

1926

Founder

Sakichi Toyoda was born inShizuoka Prefecture, Japan, in
1867. He became an inventor
while still in his teens anddevoted his life to the study
and development of textilemachinery. Starting with awooden handloom, he
subsequently pioneered a newera in textile machinery withinventions that included
Japan’s first power loom, thecircular loom and the Toyoda
Automatic Loom Type G.
Sakichi was awarded 84
patents and 35 utility models in
his lifetime and is rememberedwith pride in Japan as one of
the world’s greatest inventors.
We at Toyota Industries areproud to carry on theengineering spirit of ourillustrious founder.

1940s

Automobile Division separates andbecomes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).

ANNUAL REPORT 2004 — TOYOTA INDUSTRIES CORPORATIONElectric counterbalanced forklift truck
production starts.

Vehicle Division set up.

1968

1956

Open-end spinning machine
production starts.

Forklift truck production starts.

1959
1937

Publica (van)P-type gasoline engine production
starts.

2000s

1985

1995

1970

Engine Division separates fromVehicle Division.

Takahama Plant starts operations,producing industrial vehicles.

10PA-type compressor production
starts.

Toyota Industrial Equipment, S.A.
(“TIESA”) established in France as a
joint venture with Toyota Motor
Corporation and Manitou B.F.

1971

1986

7SB-type compressor production
starts.

Corolla (van) production starts.

Company awarded the Deming Prize
for quality control implementation.

B500 electric counterbalanced forklift
truck production starts.

X300 series forklift truck production
starts.

2UZ-type gasoline engine productionstarts.

1987

Kirloskar Toyoda Textile Machinery
Ltd. (“KTTM”) established in India asa joint venture with the Kirloskar
Group.

Sprinter Cielo (exported as the Corolla
Lift Back) production starts.

1996

2001

JAT610 air-jet loom production starts.

GENEO-R (7FBR outside Japan)
reach truck production starts.

Divisional organization system
introduced (3 divisions: Textile
Machinery, Industrial Vehicle, andVehicle).
Toyoda-Sulzer Manufacturing Ltd.
established as a joint venture withSulzer Brothers, Ltd. of Switzerland toproduce projectile looms.

Electronics Sub-Division set up.

1974
6P-type compressor productionstarts.

1977
Swash plate compressor technology
licensed to Chrysler and Ford.
Compressor Division separates fromTextile Machinery Division.

1978

1988

1980s
1980
JA-type air-jet loom production starts.

1981
10P-type compressor production starts.

Hekinan Plant starts operations,producing automobile diesel engines.

Higashichita Plant starts operations,producing foundry parts.

Compressor production at Kariya
Plant reaches 100 million units.

TOYOTA Material Handling Company
established as an in-house company.

RX100 ring spinning frame
production starts.

6SE-type compressor productionstarts.

RAV4 (SUV) production starts.

1989

ST Liquid Crystal Display Corp.
(“ST-LCD”) established as a joint
venture with Sony Corporation.

Michigan Automotive Compressor,Inc. (“MACI”) established in Jackson,
Michigan, U.S., as a joint venture with
DENSO Corporation.

1990
Sprinter Carib (automobile; exported
as the Corolla Wagon) productionstarts.

1998
TD Deutsche Klimakompressor
GmbH (“TDDK”) established inGermany as a joint venture with
DENSO Corporation to produce car
air-conditioning compressors.
GENEO (7FG/D outside Japan) internal
combustion counterbalanced forklift
trucks introduced.

Company receives 1990 PM Excellent
Plant Award.

Name changed to Toyota IndustriesCorporation.

2002
Advanced Logistics Solutions Co., Ltd.
(“ALSO”) established to plan overalllogistics operations and operate
distribution centers.
Higashiura Plant starts operations,producing parts for car
air-conditioning compressors.
Toyota Motor Industries Poland
Sp.zo.o. (“TMIP”) established in Poland
as a joint venture with Toyota Motor
Corporation to produce diesel engines.

2003
1992

Corolla Sedan production starts.

Materials Handling System Division
set up.

JAT710 air-jet loom production starts.

Production starts on automatedstorage and retrieval systems.

TIBC Corporation (“TIBC”) established
as a joint venture with Ibiden Co., Ltd.
to produce plastic package substrates.

GENEO-E (7FBE outside Japan)
three-wheel electric counterbalanced
forklift truck production starts.

JAT600 air-jet loom production starts.

10S-type compressor production starts.

1993

1999

Aichi Corporation, a manufacturer ofspecial-purpose vehicles, becomes aToyota Industries subsidiary.

RX200 ring spinning frame production
starts.

Vitz (Yaris in Europe) production starts.

X500 series internal combustion
counterbalanced forklift truck
production starts.

Production starts on C-type diesel
engines for small passenger cars.

BT Industries AB of Sweden, a worldleading manufacturer of warehousetrucks, becomes a Toyota Industries
subsidiary.

1997

1994

1982

LW600 series water-jet loom
production starts.

Company takes over the IndustrialEquipment Sales Division of Toyota
Motor Corporation.

Toyota Industrial Equipment Mfg., Inc.
(“TIEM”) established in Columbus,
Indiana, U.S., as a joint venture with
Toyota Motor Corporation.

1990s
Starlet (automobile) production starts.
Aerial lift equipment production starts.

RX240 ring spinning frameproduction starts.

2000

Major Developments in Toyota Industries’ History

1970s

Toyota Industry (Kunshan) Co., Ltd.
(“TIK”) established in China as a jointventure with Toyota Tsusho
Corporation and Lioho MachineWorks, Ltd.
R500 reach truck production starts.

Company takes over water-jet loom
business from Nissan Texsys Co., Ltd.
1CD-type diesel engine productionstarts.
GENEO-B (7FB outside Japan) electriccounterbalanced forklift trucks
introduced.

2004
Toyota Industry Automotive Parts(Kunshan) Co., Ltd. (“TIAP”)
established in China as a joint venturewith Toyota Tsusho Corporation andLioho Machine Works, Ltd. toproduce foundry parts.
TD Automotive Compressor Georgia,
LLC (“TACG”) established in the U.S.
as a joint venture with DENSO
Corporation to produce car
air-conditioning compressors.

ANNUAL REPORT 2004 — TOYOTA INDUSTRIES CORPORATION87