FY2006 Financial Results
Twelve months
Ended March 31, 2006
April 27, 2006

Business Performance by FY2006
Business expansion via growth strategy and enhancement of core competencies
Ordinary income
80.6

Increase in sales and profits for seven consecutive years from FY00
70.9

Billion yen
1,600 -

Sales
1,505.958.9
1,400 -

51.3
44.5

1,200 -

47.8
1,241.5

36.6

1,164.3
1,069.2

1,000 -

23.1

27.1

800 -

980.1
767.3

600 - 572.6

558.8

Growth Strategy

Contribute to Toyota Global 15 Plan

Enter into and develop Logistics Solutions Business625.7Materials Handling Equipment (M&A, aggressive sales activities, pursue synergies)
Car Air-Conditioning Compressor (Aggressive sales activities, improve and enlarge production structure)

400 -Enter and develop Electronics Business

Enhancement of Core Competencies

Establish more dynamic and efficient management system
Shorten development and production start-up lead times

200 -Become world leader in quality and cost-competitivenessStrengthen plant operations based on Toyota Production System (continuous Kaizen activities, etc)

098

9900

0102030405061

FY2006 Financial Results
Achieved Record-High sales and profits

FY2006Net Sales
Operating Income*FY2005

ChangeChange(%)

１,２４１.５+ ２６４.４+ ２１%

６４.０５３.１+ １０.９+ ２１%

８０.６

７０.９+ ９.７

+ １４%

４７.０４３.３+ ３.７+ ９%

Billion yen

1,５０５.９**

Ordinary Income
Net Income** Record HighExchange Rate

113yen/1$

108yen/1$

138yen/1Euro135yen/1Euro

2Change in Ordinary Income
Sales increase and cost-reduction efforts offset
rising raw materials prices and increase in depreciation expenses+ 4.6-13.2+ 21.0-6.6-1.2

80.6

emocnigs)
nistoalr(eponoN-6.4stsocrehtoniesaercnIstsocrobalniesaercn
InoitcudeRt
so
CselasniesaercnI05（＋9.7Billion yen）
stsoclairetamn
iesaercn
I70.9noitaicerpedniesaercn
I

Billion yenetaregnahcxefotceff
E+ 23.5-12.006

3

Sales by segment
Sales increased in all segments

372.0
278.8

600 -

05
1,241.5

Vehicle Engine *Compressor

Billion yen （+ 130.5）
800 - 746.7

616.2(+ 264.4)

06
1,505.9（+ 91.3）
595.2
503.9

215.9 197.9

132.3 113.2
06

05

ToyotaBTAichi

328.8 277.2
216.5 186.2

400 -49.9 40.5
06

200 -（+ 31.8）
65.1 33.3（+ 5.8）49.7 43.9

Logistics

TextileMachinery

05

006

05

Automobile

Materials
Handling
Equipment*Compressor : Compressor for car air conditioner

4

Operating income by Segment
Strong performance by Materials Handling Equipment Segment

offsets lower profits by Automobile Segment06
64.0(+ 10.9)

05
53.1（+ 12.7）
38.7

Billion yen

40.0 -

Equity in earnings
of affiliated companies

30.0 -(-2.7） 22.7
20.0

26.0

6.8
3.6

20.0 -

06
10.0 -（+ 2.1）
1.5
-0.6

05

（+0. 7）
-0.7
-0006

05

Automobile

Materials
Handling
Equipment

Logistics

TextileMachinery5FY2007 Earnings Forecasts
Sales and profits expect to achieve record highs
Slower growth anticipated due to increase in forward-looking investments０６Ｃｈaｎａｇｅ

Change(%)

１,６７０.０

１,５０５.９+ １６４.１+ １１%

Operating Income

６８.０

６４.０+ ４.０+ ６%

Ordinary Income

８５.０８０.６+ ４.４+ ５%

Net Income

４９.０

４７.０+ ２.０+ ４%

Exchange Rate

115yen/1$

113yen/1$

140yen/1Euro

138yen/1Euro

０７Billion yen

Net Sales6Change in Ordinary Income (FY2007 Forecast)
Cost-reduction efforts and sales increase offset
rising raw materials prices and increase in depreciation expenses

-8.5
-6.5
-4.5
85.0
Increase in other costs

Increase in labor costs

Increase in materials cost

Increase in depreciation

Cost reduction

06

Non operating income (loss)

80.6

Increase in sales

Billion yen

Effect on fiscal year change (BT)+ 21.0+ 1.6+ 0.4

Effect of exchange rate

+ 9.0

+ 1.5

（ ＋4.4Billion yen）

-9.6

07

7

Sales by segment (FY2007 Forecast)
Increase in sales in all segments expected

07(+ 164.1)
1,670.0

VehicleBillion yen

06
1,505.9

Engine Compressor

400.0 372.0

1,000 -

225.0 215.9
147.0 132.3（+ 58.3）
805.0
746.7

800 -（+ 89.8）
685.0
595.2

600 -0706
AichiToyota
BT355.0 328.8
275.0 216.5

400 -55.0 49.9（+ 14.9）80.0 65.1

200 -（+0. 3）
50.0 49.7

07

06

00706

Automobile

Materials
Handling
Equipment

Logistics

TextileMachinery8

Operating income by Segment (FY2007 Forecast)
Increase in profits in all segments expected07
68.0(+ 4.0)

06
64.0

38.7

Billion yen

20.0
1.5
-00706

Automobile

Materials
Handling
Equipment

Logistics

TextileMachinery9Capital investments and Depreciation
Billion yen

130.1

140 -

100 80 - 69.7

65.7
45.9

51.2

49.2

40 20 -

64.4

74.0Depreciation

Capital investments

120 -

60 -

120.0

111.3

00304

05

0607(Forecast)

Breakdown of capital investments
Billion yen
50 -

43.6

39.0

41.2

40 30 -27.4

36.0
29.0

20 -

27.0
18.0 16.6
12.0

5.57.0

10 0

18.2

23.2
17.7

05 06 07(Forecast)Compressor

Vehicle･EngineMaterials
Handling
Equipment

Foundry・Electronics

Others10

Prospects for Mid-Term Growth
140.0
Sales
Over 2,000 Electronics
Ordinary Income
Billion yen

80.6

2,000 -

Logistics

85.0

70.9
51.3

1,670.0

58.9

Materials
Handling
Equipment

1,505.9

1,500 -

1,164.31 trillion yen In
Materials
Handing
Equipment andLogistics
businesses

1,241.5

1,069.2

Compressor

1,000 Car Electronics

Vehicle･Engine

500 -

003

04

05

06

07

. . .

1 trillion yen In
Automobilerelated
businesses

Textile Machinery,
Other

1111

Dividends, Indices%- 30
Dividends payout ratio

Yen

26.0

200 -- 25

23.7

22.2
150 -

153

146

135- 20108
100 -EPS

2438

320

Cash Dividends

50 -4007(Forecast). . . 11(Target)

04

0506

*ROE

7.6 %

8.6

8.6

10.0

*ROA

3.0 %

3.5

3.3

5.0

*Acquisition cost is used in computing investment securities.

12

Cautionary Statement with Respect toForward-Looking Statements
This presentation contains projections of business results as well as statements
regarding business plans, forecasts, strategies, and other forward-looking statementsthat are not to be taken as historical fact. Projections and forward-looking statements
are based on the current expectations and estimates of Toyota Industries and its Groupcompanies. All such projections 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. You
should also be aware that certain risks and uncertainties could cause the actual resultsof Toyota Industries and its Group companies to differ materially from any projections
or forward-looking statements appearing in this report. These risks and uncertainties
include, but are not limited to, the following: 1) economic trends, 2) various competitive
pressures, 3) changes in relevant laws and regulations, and 4) fluctuations in exchange
rates.