FOCUS

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3Car Air-Conditioning Compressor Business– Establishing a Global Presence

TOYOTA INDUSTRIES CORPORATION

Car air-conditioning compressor production is a core

1990s, in response to increased concern for the global

business of our Automobile Segment. We develop andenvironment, we launched a one-way swash plate

manufacture products that meet the needs of local

compressor with continuous variable displacement,

markets throughout the world.

which reduces the load on the engine and enhances
fuel efficiency. In the late 1990s, we introduced an

Technological Superiority

external signal-controlled compressor with one-way

Toyota Industries’ compressors are distinguished byswash plate and continuous variable displacement,

their superior technology, and are the preferredwhich offers both excellent acceleration and lower

product of many major car manufacturers.

energy consumption.

Toyota Industries has made an important

In the near future, electric vehicles are expected to

ANNUAL REPORT 2001

contribution to innovation in the automobile field.

become more popular, leading to increased demand for

We anticipate changes in market needs accurately andelectric compressors. Toyota Industries is undertaking

develop products to meet those needs ahead of

substantial research and development in this field.

competitors. For example, in the 1980s, we launched

We are also actively conducting extensive research intoour compact and lightweight ten-cylinder compressor

new compressors, using environment-friendly

with swash plate and fixed displacement, which isrefrigerants to replace chlorofluorocarbons (CFCs).

extremely reliable at high operating speeds. In theFixed Displacement Type

10S17 Compressor

Continuous Variable Displacement Type

7SBU16 Compressor

7SEU16 Compressor

5SE09 Compressor

Global Operator

Toyota Industries sold over 4.4 million units, mainly

We hold a leading share in the global car air-

fixed displacement compressors, for both American

conditioning compressor market, producing more thanautomakers and Japanese manufacturers producing in

12 million units a year at our facilities around theNorth America.

world.

In Europe, Toyota Industries sold over 3.4 million

Outside of Japan, we commenced production inunits, including variable displacement compressors for

the U.S. in 1990 and in Europe in 2000. We thus

luxury cars and compact variable displacement

established a tri-polar production network with bases

compressors for smaller cars.

in all the major automobile markets. We also license

Despite an economic slowdown in the U.S., ourproduction in Asia, South America and Europe. Local

mid-term focus is on North America and Europe. In

production allows the manufacture of products that

North America, we will seek new orders aggressively.

reflect local needs, while at the same time reducing

In Europe, the potential for sales is vast as theexchange rate risks.

proportion of cars fitted with car air-conditioners isIn early 2000, Michigan Automotive Compressor,expected to increase significantly. We will vigorouslycultivate new customers by rapidly developing andcumulative total production mark of 20 million units.

launching products tailored to local needs, such as theMACI has steadily expanded its production capacity.

compact variable displacement compressor for theIn April 2000, TD Deutsche Klimakompressor

European market.

GmbH (“TDDK”)*, our European production base,

All our car air-conditioning compressors arebegan manufacturing operations in Sachsen, Germany.

supplied to DENSO Corporation, which then sells

Output was approximately 300 thousand units in fiscal

them to major automakers worldwide with an2001 and is estimated to be approximately 750

electromagnetic clutch attached or incorporated inthousand units in fiscal 2002. TDDK aims to gradually

DENSO’s car air-conditioning systems.

expand its production capacity.
player in the Japanese market, selling approximately 4.6
million units to major car manufacturers, including TMC.

* MACI and TDDK are joint ventures with DENSO Corporation. As of March
31, 2001, Toyota Industries holds 60% and 65%, respectively, of the shares ofthese companies. The fiscal years of MACI and TDDK, unlike that of Toyota
Industries, run from January 1 to December 31.

Worldwide Manufacturing Bases and Local Offices

TDDKYSD
Detroit
MunichSUBROS

MACI
DWHI

MMCL

Consolidated subsidiaries
Licensed manufacturers
Local offices

DNBR

DNIA

ANNUAL REPORT 2001

In fiscal 2001, Toyota Industries was the major

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TOYOTA INDUSTRIES CORPORATION

Inc. (“MACI”)*, our U.S. production base, reached a