FINANCIAL SUMMARYFY2012 First Quarter(April 1, 2011 through June 30, 2011)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.

August 1, 2011

FY2012 First Quarter Consolidated Financial Results <under Japanese GAAP>(April 1, 2011 - June 30, 2011)

TOYOTA INDUSTRIES CORPORATION
Stock exchange listings: Tokyo, Osaka and Nagoya (Code number: 6201) (URL: http://www.toyota-industries.com/ )Representative person: Tetsuro Toyoda, President
Contact person: Toshifumi Ogawa, Senior Managing Officer, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)
The expected date of submission of the quarterly report: August 10, 2011
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2012 First Quarter (April 1, 2011 - June 30, 2011)(1) Consolidated Financial Results(% : change from the same period of previous year)

Net sales

Operating income%Million yen

FY2012First Quarter
FY2011First Quarter

Ordinary income%Million yen

Net income%Million yen%

Million yen

322,291(10.3)

6,554(59.1)

16,965(12.0)

13,8737.0

359,19424.4

16,012-

19,270-12,964-(Note) Comprehensive income(loss): FY2012 First Quarter ― 17,384 million yen, FY2011 First Quarter ― (113,744) million yen

FY2012First Quarter
FY2011First Quarter

Net income
per share―basicNet income
per share―dilutedYen

Yen

44.53

----

41.61

----

(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio%

Million yen

FY2012First Quarter

2,521,778

1,083,998

41.2

FY20112,481,452

1,075,939

41.4(Note) Shareholders' equity: FY2012 First Quarter ― 1,037,879 million yen, FY2011 ― 1,028,217 million yen

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

First quarter
Yen

FY201100.0-

FY201200.0-

Yen

FY2012(Forecast)

Yen

Yen

Yen

25.00

00.0-

25.00

50.00

25.00

00.0-

25.00

50.00

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

3. Forecasts of Consolidated Financial Results for FY2012 (April 1, 2011 - March 31, 2012)(% : change from the same period of previous year)

Net sales

Operating income

Ordinary income

Net income
per share―basicNet income

Million yen%

Million yen%

Million yen%

Million yen%

FY2012 SecondQuarter (accm)

710,000(2.7)

20,000(44.8)

26,000(32.3)

15,000(36.7)

48.14

FY2012

1,570,000

6.1

70,0001.7

80,0008.2

46,000(2.6)

147.64(Note) Changes in the forecasts of consolidated financial results in this quarter : NoYen

4. Others(1) Changes in major subsidiaries (specified subsidiaries that changed company's consolidationin this quarter) : 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):
FY2012 First Quarter －325,840,640 shares, FY2011 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2012 First Quarter －14,276,228 shares, FY2011 －14,275,721 shares③ Average number of shares outstanding for each period:
FY2012 First Quarter －311,564,621 shares, FY2011 First Quarter －311,570,179 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 ¥80 = US$1 and ¥112 = €1・ Please see page 3 on attached documents for details on performance forecasts in "Qualitative
information regarding forecast for FY2012".

(Attached Documents)

Contents

1.Qualitative Information and Financial Statements(1) Qualitative information regarding consolidated business results(2) Qualitative information regarding consolidated financial condition(3) Qualitative information regarding forecast for FY2012
2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(2) Quarterly Consolidated Statements of Income and(2) Quarterly Consolidated Statements of Comprehensive Income(3) Note on premise of going concern(4) Segment Information(5) Note on significant changes in the amount of shareholders' equity(6) Additional Information- 1 -22234468888

1. Qualitative Information and Financial Statements(1) Qualitative information regarding consolidated business results
During the first quarter of FY2012 (the three months from April 1 to June 30, 2011), total consolidated
net sales of Toyota Industries amounted to 322.2 billion yen, a decrease of 36.9 billion yen, or 10%, fromthe same period of the previous fiscal year. The following is a review of operations for the major businesssegments.
Owing to the aftermath effects of the Great East Japan Earthquake, Toyota Industries was forced tosuspend production partially, due to disruptions in parts supply. As a result, net sales of the Automobile
Segment totaled 143.3 billion yen, a decrease of 58.4 billion yen, or 29%, from the same period of theprevious fiscal year. Within this segment, net sales of the Vehicle Business amounted to 55.6 billion yen,a decrease of 39.0 billion yen, or 41%, due mainly to a decrease in sales of the Vitz (Yaris overseas) andRAV4.
Net sales of the Engine Business totaled 35.5 billion yen, a decrease of 12.3 billion yen, or 26%,
attributable primarily to a decrease in sales of AD diesel engines and AR gasoline engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 44.3 billion yen, a decrease of
4.7 billion yen, or 10%, resulting from declining sales in Japan, as opposed to solid sales in overseas.
Net sales of the Materials Handling Equipment Segment totaled 136.1 billion yen, an increase of 22.4
billion yen, or 20%. This is mainly owing to an upturn in sales of lift trucks, a mainstay product of thissegment, in domestic and overseas markets, although the earthquake had an impact on domesticproduction.
Net sales of the Logistics Segment amounted to 23.8 billion yen, a decrease of 3.4 billion yen, or12%. This is attributable to a decrease in sales of the cargo transport business of automotive relatedparts and an exclusion from consolidation owing to the sale of a subsidiary’s shares (Mail & e Business
Logistics Service Co., Ltd.).
Net sales of the Textile Machinery Segment totaled 9.4 billion yen, an increase of 1.9 billion yen, or26%, owing mainly to solid sales in emerging countries.
In terms of overall profit, Toyota Industries posted consolidated operating income of 6.5 billion yen, adecrease of 9.5 billion yen, or 59%, from the same period of the previous fiscal year; ordinary income of
16.9 billion, a year-on-year decrease of 2.3 billion yen, or 12%; and net income of 13.8 billion yen, anincrease of 0.9 billion yen, or 7% from a year ago. These results were due mainly to a decrease in sales
under the influence of the earthquake, an increase in labor costs and rises in raw material costs.
(2) Qualitative information regarding consolidated financial condition
Total assets increased 40.3 billion yen from the end of the previous fiscal year to 2,521.7 billion yen
due mainly to an increase in accounts receivable and market value of investments in securities.
Liabilities amounted to 1,437.7 billion yen, an increase of 32.2 billion yen from the end of the previous
fiscal year due mainly to an increase in long-term loans payable. Net assets amounted to 1,083.9 billion
yen, an increase of 8.0 billion yen from the end of the previous fiscal year.

- 2 -(3) Qualitative information regarding forecast for FY2012
Toyota Industries forecasts consolidated net sales of 1,570.0 billion yen, operating income of 70.0
billion yen, ordinary income of 80.0 billion yen and net income of 46.0 billion yen. Our projections are
based on assumed exchange rates of ¥80 = US$1 and ¥112 = €1.

- 3 -2. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
FY2011(As of March 31, 2011)

FY2012 First Quarter(As of June 30, 2011)

AssetsCurrent assets:
Cash and deposits
Trade notes and accounts receivable

198,654
152,121276,200
184,694

Lease investment assets
Short-term investments

35,146
132,430

34,18563,880

Merchandise and finished goods
Work in process
Raw materials and supplies

42,94031,25630,065

46,63633,602
31,584

Deferred tax assets
Other current assets
Allowance for doubtful accounts

18,49332,646(2,863)

21,14229,502(2,819)Total current assets

670,893

718,610

159,606
185,988
23,634
119,697
8,350
497,278

146,786
180,81223,433116,8159,770
477,617

Goodwill

68,57365,848

Software

10,767

11,922

Total intangible assets

79,34077,771

1,123,306
9,786

1,134,089
10,582

71,48029,53972,45030,841

(173)

(185)

1,233,940

1,247,779

1,810,559

1,803,168

2,481,452

2,521,778

Fixed assets:
Property, plant and equipment
Buildings and structures, netMachinery, equipment and vehicles, netTools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets:

Investments and other assets:
Investments in 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)
FY2011(As of March 31, 2011)
Liabilities
Current liabilities:
Trade notes and accounts payable
Short-term loans payable
Commercial papers
Current portion of bonds
Lease obligations
Accounts payable-otherAccrued income taxes
Deferred tax liabilities
Allowance for bonuses to directors and corporare auditors
Other current obligations
Total current liabilities
Long-term liabilities:
Bonds payable
Long-term loans payable
Lease obligations
Deferred tax liabilities
Allowance for retirement benefits
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assetsShareholders' equity:
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total accumulated other comprehensive income
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets- 5 -FY2012 First Quarter(As of June 30, 2011)

144,956
99,946
11,13330,82937,873
14,34918,320737
521
153,275
511,944

143,703108,624
12,66130,80538,187
11,237
8,457
659
154
163,713518,204

205,649
236,60282,813309,256
46,924
12,321
893,568
1,405,512

205,526
259,225
82,719313,299
46,483
12,321
919,575
1,437,779

80,462
106,179
412,029(50,703)547,968

80,462
106,179
418,114(50,704)
554,051488,277
46(8,075)480,248
2,132
45,589
1,075,939

494,460(3)(10,629)483,827
2,309
43,8101,083,998

2,481,452

2,521,778

(2) Quarterly Consolidated Statements of Income and(2) Quarterly Consolidated Statements of Comprehensive Income(2) Quarterly Consolidated Statements of Income(Million yen)
FY2011 First Quarter FY2012 First Quarter(April 1, 2010 (April 1, 2011 June 30, 2010)
June 30, 2011)
359,194322,291
303,956
272,828
55,23749,46339,22542,90916,012
6,554

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Other non-operating income
Total non-operating income
Non-operating expenses
Interest expenses
Other non-operating expenses
Total non-operating expenses
Ordinary income
Income before income taxes andminority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income （loss）
Net income

- 6 -

2,399
7,479
1,198
11,076

2,375
10,283
3,333
15,992

4,217
3,601
7,819
19,270

3,947
1,634
5,581
16,965

19,27016,965

9,631(3,212)
6,418
12,851(112)
12,964

6,718(3,631)
3,087
13,877
4
13,873

Quarterly Consolidated Statements of Comprehensive Income(Million yen)

Income before minority interests

FY2011 First Quarter(April 1, 2010 June 30, 2010)

FY2012 First Quarter(April 1, 2011 June 30, 2011)12,851

13,877(112,886)

6,109

30

(49)

(13,292)(2,521)

(448)

(30)

(126,596)

3,507(113,744)

17,384(112,631)

17,452(1,113)(67)

Other comprehensive income:
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive Income:Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests- 7 -(3) Note on premise of going concern : No
(4) Segment Information
FY2011 First Quarter (April 1, 2010 - June 30, 2010)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

201,719

113,795

27,211

7,543

8,924

(2) Inter-segment transactions

4,753

216

1,399

0

1,976

206,472

114,01128,611

7,543

9,227

4,349

1,224

220

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

359,194-359,194

8,346(8,346)-

10,901

367,540(8,346)359,194858

15,880131

16,012

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 131 million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

FY2012 First Quarter (April 1, 2011 - June 30, 2011)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

143,392

136,135

23,845

9,471

9,447

(2) Inter-segment transactions

5,608

140

1,992

18

2,344

149,001

136,275

25,8389,490(2,447)

7,552

456

399

Logistics

Textilemachinery

OthersTotalEliminations

Consolidated

322,291-

322,291

10,104(10,104)-

11,791

332,396(10,104)

322,291

519

6,479

75

6,554

Net sales

TotalSegment income (loss)(Notes) 1. "Others" is business segment not included in reportable segments and contains semiconductor package substrates
as a mainstay product.
2. Segment income of 75 million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

(5) Note on significant changes in the amount of shareholders’ equity
During the first quarter of FY2012 (the three months from April 1 to June 30, 2011), Toyota Industries paid dividends
of 7,789 million yen from retained earnings.
(6) Additional Information（Accounting Standard for Accounting Changes and Error Corrections）
Toyota Industries applies Financial Accounting Standard No.24 “Accounting Standard for Accounting Changes and Error Corrections”
and its Implementation Guidance No.24 “Guidance on Accounting Standard for Accounting Changes and Error Corrections,”both of which were issued on December 4, 2009 by the Accounting Standards Board of Japan, to accounting changes andcorrections of prior period errors which are made after the beginning of FY2012.

- 8 -