Major Developments in Toyota Industries’ History
1920s
1940

1960

Toyoda Automatic Loom Works, Ltd.
(now Toyota Industries Corporation)
established to manufacture and market
automatic looms invented by Sakichi
Toyoda.

Steel Production Division separates andbecomes Toyoda Steel Works, Ltd. (nowAichi Steel Corporation).

Shovel loader production starts.

1944

1963

Obu Plant starts operations, manufacturing castings.

Dump 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.

Sakichi Toyoda

82

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

TOYOTA INDUSTRIES CORPORATION

1930s
1933
Automobile Division set up.

Car air-conditioning compressor (CC3Atype, CC3B-type) production starts.

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

1967

1934
A-type automobile engine completed.

Nagakusa Plant starts operations,producing small commercial vehicles.

1935

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

Prototype of Model A1 passenger carcompleted.

ANNUAL REPORT 2001

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

1955

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

1924
Toyoda Automatic Loom Type G
invented by Sakichi Toyoda.

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 anddevelopment of textile machinery.
Starting with a wooden
handloom, he subsequently
pioneered a new era in textile
machinery with inventions thatincluded Japan’s first power loom,
the circular loom and the ToyodaAutomatic Loom Type G. Sakichi
was awarded 84 patents and 35
utility models in his lifetime andis remembered with pride inJapan as one of the world’s
greatest inventors. We haveinherited the engineering spirit of
our illustrious founder.

1940s

Vehicle Division set up.

Electric counterbalanced forklift truck
production starts.

1956

1968

Forklift truck production starts.

1959
P-type gasoline engine production starts.

1937
Automobile Division separates andbecomes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).

Publica (van)Open-end spinning machine productionstarts.

1970s

10P-type compressor production starts.

1970

1990s

1981

Takahama Plant starts operations,producing industrial vehicles.

1990
Sprinter Carib (automobile; exported asthe Corolla Wagon) production starts.
Company receives 1990 PM Excellent
Plant Award.

1998
TD Deutsche Klimakompressor GmbH(TDDK) established as a joint venturewith DENSO Corporation to produce car
air-conditioning compressors in Germany.
GENEO (called the 7-Series outside Japan)
internal combustion counterbalanced
forklift trucks introduced.

1982
Production starts on C-type diesel engines
for small passenger cars.

1971
Corolla (van) production starts.

Hekinan Plant starts operations,producing automobile diesel engines.

1992
Materials Handling System Division set up.
Production starts on automated storage
and retrieval systems.

Toyoda-Sulzer Manufacturing Ltd.
established as a joint venture with Sulzer
Brothers, Ltd. of Switzerland tomanufacture projectile looms.

1993

JAT600 air-jet loom production starts.

TQC (total quality control) system
introduced.

1985
Engine Division separates from Vehicle
Division.
10PA-type compressor production starts.

1986

1974
6P-type compressor production starts.

Company awarded the Deming Prize forquality control implementation.

1977
Swash plate compressor technology
licensed to Chrysler and Ford.

1987
Sprinter Cielo (exported as the Collora
Lift Back) production starts.
Electronics Sub-Division set up.

1980
JA-type air-jet loom production starts.

Toyota Industry Kunshan Co., Ltd. (TIK)
established in China as a joint venturewith Toyota Tsusho Corporation andLioho Machine Works, Ltd.
Company takes over water-jet loom
business from Nissan Texsys Co., Ltd.

1988
Toyota Industrial Equipment Mfg., Inc.
(TIEM) established in Columbus,
Indiana, USA, as a joint venture withToyota Motor Corporation.
RX100 ring spinning frame productionstarts.

1989
Michigan Automotive Compressor, Inc.
(MACI) established in Jackson, Michigan,
USA, as a joint venture with DENSO
Corporation.

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

GENEO-B (called the 7FB outside Japan)
electric counterbalanced forklift trucks
introduced.

2000s

7SB-type compressor production starts.
B500 electric counterbalanced forklift
truck production starts.
Kirloskar Toyoda Textile Machinery Ltd.
(KTTM) established in India as a joint
venture with the Kirloskar Group.

1996

2000LW600 series water-jet loom production
starts.
Company acquires BT Industries AB ofSweden, a world-leading manufacturer ofwarehouse trucks.

JAT610 air-jet loom production starts.

2UZ-type gasoline engine production
starts.

RX240 ring spinning frame production
starts.

2001

1997

GENEO-R electric reach truck production
starts.

Compressor production at Kariya Plant
reaches 100 million units.
6SE-type compressor production starts.
ST Liquid Crystal Display Corp. (“STLCD”) established as a joint venture withSony Corporation.

Company takes over the industrial
equipment sales division of Toyota MotorCorporation.
TOYOTA Material Handling Company
established as an in-house company.
RAV4 (SUV) production starts.
bB Open Deck (automobile) productionstarts.
Name changed to Toyota Industries
Corporation.

ANNUAL REPORT 2001

X300 series forklift production starts.

1980s

Vitz (Yaris in Europe) production starts.

1CD-type diesel engine production starts.

Starlet (automobile) production starts.

Aerial work platform production starts.

1999

X500 series internal combustion
counterbalanced forklift truck production
starts.

R500 electric reach truck production
starts.

83

10S-type compressor production starts.

1994

1995

Compressor Division separates fromTextile Machinery Division.

1978

RX200 ring spinning frame production
starts.

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

TOYOTA INDUSTRIES CORPORATION

Divisional organization system
introduced (3 divisions: Textile
Machinery, Industrial Vehicle, andVehicle).