FINANCIAL SUMMARYFY2014First Quarter(April 1, 2013 through June 30, 2013)

English translation from the original Japanese-language document

Cautionary Statement with Respect to Forward-Looking Statements

This report contains projections and other forward-looking statements that involve risks and uncertainties. Our use of thewords “expect,” “anticipate,” “estimate,” “forecast,” “plan” and similar expressions is intended to identify such forward-lookingstatements. Projections and forward-looking statements are based on the current expectations and estimates of Toyota
Industries Corporation and its Group companies regarding their plans, outlook, strategies and results for the future. All suchprojections 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. Toyota Industries and its
Group companies undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Therefore, it is advised that you should not rely solely upon these projections andforward-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 Corporation and its Group companies 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) environmentalregulations, 8) success or failure of strategic alliances with other companies, 9) exchange rate fluctuations, 10) share pricefluctuations, 11) effects of disasters, power blackouts and other incidents, 12) latent risks associated with international
activities and 13) retirement benefit liabilities.

July 31, 2013

FY2014 First Quarter Consolidated Financial Results<under Japanese GAAP>(April 1, 2013 - June 30, 2013)

TOYOTA INDUSTRIES CORPORATION
Stock exchange listings: Tokyo and Nagoya (Code number: 6201) (URL: http://www.toyota-industries.com/ )Representative person: Akira Onishi, President
Contact person: Yasushi Kawai, Managing Officer, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)
The expected date of submission of the quarterly report: August 8, 2013
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2014 First Quarter (April 1, 2013 - June 30, 2013)(1) Consolidated Financial Results(% : changes from the same period of the previous fiscal year)

Net sales

Operating income%Million yen

FY2014First Quarter
FY2013First Quarter

Ordinary income%Million yen

Net income%Million yen%

Million yen

486,738

25.923,813

30.038,74649.3

27,955

92.3

386,54419.9

18,317179.5

25,94452.9

14,535

4.8(Note) Comprehensive income(loss): FY2014 First Quarter ― 237,832 million yen, FY2013 First Quarter ― (69,025) million yen

FY2014First Quarter
FY2013First Quarter

Net income
per share―basicNet income
per share―dilutedYen

Yen

89.38

89.27

46.64

-----(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio%

Million yen

FY2014First Quarter

3,641,409

1,755,177

46.8

FY20133,243,779

1,524,933

45.4(Note) Shareholders' equity: FY2014 First Quarter ― 1,702,603 million yen, FY2013 ― 1,473,515 million yen

2. Cash Dividends
Annual cash dividends per share
Second quarter
Third quarter
Fiscal year-end

First quarter
Yen

FY201300.0-

FY201400.0-

Yen

FY2014(Forecast)

Yen

Yen

Yen

25.00

00.0-

30.00

55.00

30.00

00.0-

30.00

60.00

(Note) Changes in the forecasted cash dividends in this quarter : No

3. Forecasts of Consolidated Financial Results for FY2014 (April 1, 2013 - March 31, 2014)(% : changes from the same period of the previous fiscal year)

Net sales

Operating income

Ordinary income

Net income
per share―basicNet income

Million yen%

Million yen%

Million yen%

Million yen%

FY2014 SecondQuarter (accm)

970,000

27.1

45,00020.9

58,00036.7

36,00049.5

115.09FY2014

1,900,000

17.6

95,00023.2

114,000

31.3

70,00031.8

223.79(Note) Changes in the forecasts of consolidated financial results in this quarter : Yes

Yen4. Others(1) Changes in major subsidiaries during the current quarter (changes in specified subsidiaries
that caused a change in the scope of consolidation) : No(2) Application of special accounting methods for the preparation ofquarterly consolidated financial statements : No
(3) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies with revision of accounting standards : No
② Changes other than ① : No
③ Changes in accounting estimates : No
④ Restatement : No
(4) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2014 First Quarter － 325,840,640 shares, FY2013 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2014 First Quarter －13,043,537 shares, FY2013 －13,632,854 shares③ Average number of shares outstanding for each period (accumulated):
FY2014 First Quarter －312,767,774 shares, FY2013 First Quarter －311,686,754 shares* Progress of procedures for financial review of quarterly financial results
・ The quarterly financial statements are under procedures of financial review, at the time of disclosureof this report.
* Explanation regarding the proper use of performance forecasts and other special items
・ All projections are based on the information available to management at the time of making
this report and are not guarantees of future performance. Uncertainties could cause
the actual results of Toyota Industries to differ materially from any projections discussed in this report.
・ Our projections are based on assumed exchange rates of ¥95 = US$1 and ¥125 = €1
for the remainder of the fiscal year.
・ Please see page 3 on attached documents for details on performance forecasts in "Qualitative
information regarding forecast for FY2014".

(Attached Documents)

Contents

1. Explanation for Quarterly Financial Results ･･･････････････････････････････････････････････2(1) Explanation for Business Results ････････････････････････････････････････････････････2(2) Explanation for Financial Condition ･･････････････････････････････････････････････････2(3) Explanation for Forecast for FY2014 ････････････････････････････････････････････････3
2. Quarterly Consolidated Financial Statements ･････････････････････････････････････････････4(1) Quarterly Consolidated Balance Sheets･･････････････････････････････････････････････4(2) Quarterly Consolidated Statements of Income and(3) Quarterly Consolidated Statements of Comprehensive Income ･･･････････････････････6(3) Note on Quarterly Consolidated Financial Statements ････････････････････････････････8(Note on Premise of Going Concern) ･･･････････････････････････････････････････････8(Note on Significant Changes in the Amount of Shareholders' Equity) ････････････････8(Segment Information) ･･････････････････････････････････････････････････････････････8- 1-1. Explanation for Quarterly Financial Results(1) Explanation for Business Results
During the first quarter of fiscal 2014 (the three months from April 1 to June 30, 2013), total
consolidated net sales of Toyota Industries amounted to 486.7 billion yen, an increase of 100.2 billion
yen, or 26%, from the same period of the previous fiscal year. The following is a review of operations forthe major business segments.
Net sales of the Automobile Segment totaled 253.3 billion yen, an increase of 46.6 billion yen, or 23%,from the same period of the previous fiscal year.
Within this segment, net sales of the Vehicle Business amounted to 117.4 billion yen, an increase of
35.1 billion yen, or 43%. Unit sales of the RAV4 increased while those of the Vitz (Yaris overseas)
recorded a decrease.
Net sales of the Engine Business totaled 56.7 billion yen, an increase of 2.7 billion yen, or 5%. This is
attributable primarily to increases in sales of AR gasoline engines and KD diesel engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 65.7 billion yen, an increase of 9.7
billion yen, or 17%, resulting from an increase in sales worldwide.
Net sales of the Electronics Parts, Foundry, and Others Business totaled 13.3 billion yen, a decrease of
1.0 billion yen, or 7%. This is owing mainly to decreases in sales of automobile-related electronicdevices for the Prius and Aqua.
Net sales of the Materials Handling Equipment Segment totaled 189.6 billion yen, an increase of 50.6
billion yen, or 36%. This is due primarily to an increase in sales outside Japan of lift trucks, a mainstay
product of this segment, and the inclusion of Cascade Corporation as a subsidiary in March 2013
although sales in Japan remained on par with the same period of the previous fiscal year.
Net sales of the Logistics Segment amounted to 23.9 billion yen, an increase of 0.9 billion yen, or 4%.
This is attributable to an increase in sales of commissioned logistics business.
Net sales of the Textile Machinery Segment totaled 13.6 billion yen, an increase of 4.5 billion yen, or48%. This is owing to increases in sales of spinning machinery and weaving machinery.
Net sales of the Others Segment totaled 6.0 billion yen, a decrease of 2.5 billion yen, or 29%, due
mainly to the dissolution of a subsidiary, TIBC Corporation, in January 2013.
In terms of overall profit, despite an increase in labor costs and research and development
expenses, Toyota Industries recorded an increase in sales while promoting cost reduction efforts
throughout the Toyota Industries Group and exchange rate fluctuations. As a result, Toyota Industries
posted consolidated operating income of 23.8 billion yen, an increase of 5.5 billion yen, or 30%, from thesame period of the previous fiscal year and ordinary income of 38.7 billion yen, an increase of 12.8
billion yen, or 49%. Net income totaled 27.9 billion yen, an increase of 13.4 billion yen, or 92%, from thesame period of the previous fiscal year.
(2) Explanation for Financial Condition
Total assets increased 397.7 billion yen from the end of the previous fiscal year to 3,641.4 billion yen
due mainly to an increase in market value of investment securities. Liabilities amounted to 1,886.2 billion
yen, an increase of 167.4 billion yen from the end of the previous fiscal year due mainly to an increase indeferred tax liabilities. Net assets amounted to 1,755.1 billion yen, an increase of 230.2 billion yen fromthe end of the previous fiscal year.

- 2-(3) Explanation for Forecast for FY2014
Toyota Industries forecasts consolidated net sales of 1,900.0 billion yen, operating income of 95.0
billion yen. Due mainly to an increase in dividends income, Toyota Industries has revised its forecasts ofconsolidated financial results for the second quarter of fiscal 2014 (the six months from April 1 to
September 30, 2013) to consolidated ordinary income of 58.0 billion yen and net income of 36.0 billion
yen, and for fiscal 2014 (ended March 31, 2014) to consolidated ordinary income of 114.0 billion yen andnet income of 70.0 billion yen. Our projections are based on assumed exchange rates of ¥95 = US$1and ¥125 = €1 for the remainder of the fiscal year.

- 3-2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
FY2013

FY2014 First Quarter(As of March 31, 2013)(As of June 30, 2013)

Cash and deposits

230,348

264,885

Cash deposits for cash collection and deposit services
Trade notes and accounts receivable

49,981
215,799

51,067211,178

Lease investment assets

41,96445,052

Short-term investments
Merchandise and finished goods

33,047
66,67032,561
68,954Work in process

35,08836,067

Raw materials and suppliesDeferred tax assets
Other current assets

40,762
23,83646,222

40,84627,20550,356

Allowance for doubtful accounts
Total current assets(3,204)
780,517(3,395)
824,780

Buildings and structures, net
Machinery, equipment and vehicles, net

138,871
218,214

139,555
222,997

Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment

30,500118,244
43,982549,81430,611
118,633
56,967568,764

122,003
46,045102,537
82,688168,049

185,226

1,598,437
12,304
93,572
41,231(148)
1,745,398
2,463,262
3,243,779

1,909,052
9,838
101,105
42,949(307)
2,062,638
2,816,629
3,641,409

AssetsCurrent assets:

Fixed assets:
Property, plant and equipment

Intangible assets:
Goodwill
Other intangible assets
Total intangible assets
Investments and other assets:
Investment securities
Deferred tax assets
Lease investment assets
Other investments and other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets- 4-

(Million yen)
FY2013

FY2014 First Quarter(As of March 31, 2013)(As of June 30, 2013)180,146

173,731

Short-term loans payable

183,920

121,046

Commercial paper

30,22432,030Current portion of bonds

4,499

10,907

Lease obligations

44,85143,755

Accounts payable-other

17,623

20,987

Accrued income taxes

15,95815,737

Deferred tax liabilities

2,923

3,034

570

176

Other current obligations

178,378

188,713

Total current liabilities

659,095

610,122

213,584

213,892

Long-term loans payable236,318

323,352

Lease obligations

101,883

109,175

Deferred tax liabilities

440,356

561,452

Allowance for retirement benefits

52,77954,164

Other long-term liabilities

14,82914,072

1,059,750

1,276,109

1,718,846

1,886,232

80,46280,462

Capital surplus

105,898

105,670

Retained earnings

492,578

511,167

Treasury stock(48,405)(46,313)

Total shareholders' equity

630,534

650,986

830,054

1,031,953

(237)

(204)

13,163

19,868

Total accumulated other comprehensive income
Subscription rights to shares

842,980
1,478

1,051,617
1,094

Minority interests

49,93951,479Total net assets

1,524,933

1,755,177

3,243,779

3,641,409

LiabilitiesCurrent liabilities:
Trade notes and accounts payable

Allowance for bonuses to directors andaudit & supervisory board members

Long-term liabilities:
Bonds payable

Total long-term liabilities
Total liabilities
Net Assets
Shareholders' equity:
Capital stock

Accumulated other comprehensive income:
Valuation difference on
available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment

Total liabilities and net assets- 5-(2) Quarterly Consolidated Statements of Income and(2) Quarterly Consolidated Statements of Comprehensive Income(2) Quarterly Consolidated Statements of Income(Million yen)
FY2013 First Quarter FY2014 First Quarter(April 1, 2012 June 30, 2012)(April 1, 2013 June 30, 2013)

Net sales

386,544486,738

Cost of sales

321,876

402,849

Gross profit
Selling, general and administrative expenses

64,66746,35083,88960,076

Operating income

18,317

23,813

Interest income

2,205

2,640

Dividends income
Other non-operating income

10,497
1,863

18,223
2,206

Total non-operating income

14,566

23,070

3,663

3,841

Other non-operating expenses

3,275

4,296

Total non-operating expenses
Ordinary income

6,939
25,944

8,137
38,746Extraordinary losses:
Loss on liquidation of subsidiaries and affiliates
Total extraordinary losses

6,616
6,616

-

Income before income taxes and minority interests
Income taxes-current

19,327
10,68438,746
13,000

Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income (loss)
Net income(4,390)6,293
13,034(1,501)
14,535(2,259)10,74028,00550
27,955Non-operating income:Non-operating expenses:
Interest expenses- 6-

Quarterly Consolidated Statements of Comprehensive Income(Million yen)
FY2013 First Quarter(April 1, 2012 June 30, 2012)

FY2014 First Quarter(April 1, 2013 June 30, 2013)

Income before minority interests

13,03428,005

Other comprehensive income:
Valuation difference on available-for-sale securities(72,062)

201,927293

32(10,129)

7,730

(161)

135

(82,060)(69,025)

209,826
237,832(67,897)(1,128)236,592
1,240

Deferred gains or losses on hedges
Foreign currency translation adjustment
Share of other comprehensive income ofassociates accounted for using equity method
Total other comprehensive income
Comprehensive Income
Profit attributable to:
Owners of the parent
Minority interests- 7-(3) Note on Quarterly Consolidated Financial Statements(Note on Premise of Going Concern) : No
(Note on Significant Changes in the Amount of Shareholders’ Equity)
During the first quater of FY2014 (the three months from April 1 to June 30, 2013), Toyota Industries paid dividends
of 9,366 million yen from retained earnings.
(Segment Information)
FY2013 First Quarter (April 1, 2012 - June 30, 2012)(Million yen)

Automobile

Materials
handlingequipment

Outside customer sales

206,761

139,01123,025

9,188

8,556

Inter-segment transactions

5,304

131

2,116

20

2,732

212,066

139,143

25,142

9,209

7,922

8,419

1,103

255

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

386,544-386,544

10,305(10,305)-

11,288396,849(10,305)

386,544672

18,372(55)

18,317

Net sales

TotalSegment income(Notes) 1. "Others" is business segment not included in reportable segments and contains semiconductor package substrates
as a mainstay product.
2. Segment income of (55) million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

FY2014 First Quarter (April 1, 2013 - June 30, 2013)(Million yen)

Automobile

Materials
handling
equipment

253,375

189,694

23,996

13,639

6,032

5,788

193

2,591

38

3,175

Total

259,164

189,887

26,58813,678Segment income

10,032

11,385

1,098

538

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

486,738-

486,738

11,788(11,788)-9,208

498,527(11,788)486,738680

23,735

77

23,813

Net sales
Outside customer sales
Inter-segment transactions(Notes) 1. "Others" is business segment not included in reportable segments.
2. Segment income of 77 million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

- 8-