Contents

Financial Highlights

Toyota Industries Corporation
Years ended March 31

Contents

P2

Financial Highlights

P3

Message from the Chairman and President

P 4-5

Top Management Interview

P 6-12Business Activities

Millions of yen% change

2011

2010

2009

2008

2007

2011 vs 2010

¥1,479,839¥1,377,769¥1,584,252¥2,000,536¥1,878,398

Operating income (loss)

68,79822,002(6,621)

96,853

89,954212.7

For the YearNet sales

Environmental Initiatives

7.4%

Outline of Businesses

P 14-15

An Interview with the Chief Environmental Administrator

P 52-54

Materials Handling Equipment

P 16-23Global Environmental Commitment

P 55

Ordinary income

73,911

31,756

14,343

126,488

108,484

132.7

Automobile

P 24-31

Overview of the Fifth Environmental Action Plan

P 56-57

Net income (loss)

47,205(26,273)(32,767)

80,46059,468—Vehicle

P 26-27

Summary of the Fourth Environmental Action Plan

P 58-59

Engine

P 28

Environmental Management

P 60

Research and development expenses

27,78826,826

33,64636,75034,548

3.6

Car Air-Conditioning Compressor

P 29-30

Curbing Global Warming

P 61-62

Cash dividends per share (yen)

50.00

30.00

40.00

60.00

50.00

66.7

Car Electronics

Total assets¥2,481,452¥2,589,246¥2,327,432¥2,965,585¥3,585,857(4.2)%

1,075,939

1,104,929

977,670

1,453,996

1,810,483(2.6)

40,82538,90339,91639,52836,096

4.9

P 31

Resource Utilization / Reduction in Environmental Risk

P 63

Logistics

P 32-34

Environmental Communication

P 64

Textile Machinery

P 35-36

Biodiversity

P 65

TOPICS

P 66

Total net assets

Environmental Data

P 67-68

Number of employees

Corporate Social Responsibility
Impact of the Great East Japan Earthquake andP 38

Business Activities and Their Environmental Impact /P 39

Soil and Groundwater Pollution Countermeasures /Toyota Industries’ Response
Corporate Philosophy

At Year-End

P 67

Trends in Environmental Performance(Toyoda Precepts, Basic Philosophy and CSR Policy)

P 68

Environmental Accounting and On-Site Verification

Corporate GovernanceP 40-43

Relationship with Our Customers

P 44

Relationship with Our Associates

P 45-46

Relationship with Our Business Partners

P 47

Consolidated Eleven-Year Summary

P 70-71

Relationship with Our Shareholders and Investors

P 48

Consolidated Balance Sheets

P 72-73

Relationship with Our Local Communities

P 49-50Consolidated Statements of Income

P 74

Consolidated Statements of Comprehensive Income

P 75

Consolidated Statements of Changes in Net Assets

P 76-77

Financial Section / Corporate Information
Financial Section

Consolidated Statements of Cash Flows
Corporate Information
Board of Directors, Corporate Auditors and■Net Sales■Operating Income (Loss)■Net Income (Loss)(¥ Billion)
2,500(¥ Billion)
100(¥ Billion)100

P 70-7860
60
1,500404020

1,00020

P 78
P 79-838080

2,00050000-20

P 79(FY) 07

Major Consolidated Subsidiaries

P 80-81

Major Production Bases

P 82

Investor Information

P 83-40-200Managing Officers

080910(FY) 07

1108■Total Assets■Total Net Assets(¥ Billion)
4,000(¥ Billion)
2,000

3,000

1,500

0910(FY) 07

11080910111011■Cash Dividends per Share
(¥)
6050

Cautionary Statement with Respect to Forward-Looking Statements
This report contains projections and other forward-looking statements that involve risks and uncertainties. The use of the words “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 andestimates of the Toyota Industries Group regarding its plans, outlook, strategies and results for the future. All such projections and forward-looking statements are based on
management’s assumptions and beliefs derived from the information available at the time of producing this report and are not guarantees of future performance. Toyota Industries
undertakes no obligation to publicly update or revise any forward-looking statements in this report, whether as a result of new information, future events or otherwise. Therefore, itis advised that you should not rely solely upon these projections 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 to differ materially from any projections or forward-looking statements discussed in this report. These risks
and uncertainties include, but are not limited 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 allianceswith 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.

2Toyota Industries Report 2011

40
2,000

1,000

1,000500

3020
10000(FY) 0708091011(FY) 0708091011(FY) 0708093