Profile
What is now Toyota Industries Corporation was founded in 1926 as Toyoda AutomaticLoom Works, Ltd. by the renowned Japanese inventor Sakichi Toyoda to manufacture
automatic looms. The enterprise proceeded over the years to diversify into such fields asautomobiles, forklift trucks and electronics. In line with its strategy of globalization, Toyota
Industries now has production facilities in Europe, North America and other regions.
The business universe of Toyota Industries consists of four segments: Automobile, which
comprises the vehicle (automobile assembly), engine and car air-conditioning compressorbusinesses; Materials Handling Equipment, which specializes in forklift trucks and othermaterials handling equipment; Textile Machinery, which covers the spinning and weavingmachinery businesses; and Others, which includes electronics, logistics solutions and otherbusinesses. Each of these segments already has or is building a secure footing in its
particular fields. The Car Air-Conditioning Compressor and Materials Handling Equipment
businesses currently make up the mainstays of Toyota Industries’ operations, while theElectronics Business is well positioned to develop into the core of its future operations. TheCompany has also entered into the Logistics Solutions Business, which along with theElectronics Business we believe has good long-term growth potential.
Developing technological and market synergies among our various businesses toproduce added value, we aim to achieve a conglomerate premium so that the worth ofToyota Industries as a whole adds up to more than the sum of its parts.

Cautionary Statement with Respect to Forward-Looking Statements
This annual 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 such projections andforward-looking statements are based on management’s assumptions and beliefs derived from the information available to it at thetime of producing this report and are not guarantees of future performance. Toyota Industries and its Group companies undertake noobligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events orotherwise. Therefore, it is advised that you should not rely solely upon these projections and forward-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 inthis report. These risks and uncertainties include, but are not limited to, the following:i) Domestic and overseas economic conditions, particularly levels of consumer spending, demand for our products and private
sector capital expenditureii) Adverse changes in laws and regulations, such as trade restrictions and tariffs, or stricter safety or emissions regulations, resulting
in higher costs and/or sales restrictionsiii) Currency exchange rate fluctuations, notably involving yen, U.S. dollars, Asian currencies and the euro—the currencies in which
Toyota Industries Corporation and its Group companies have holdings and use to conduct their international businessiv) Fluctuations in market prices of securities in which Toyota Industries Corporation and its Group companies have substantialholdingsv) The ability of Toyota Industries Corporation and its Group companies to maintain their strength in many product development
and geographical areas, through such means as new product development and launches in highly competitive markets
characterized by continual new product introductions, rapid technological advances and fluctuations in demandvi) Effects of natural disasters, terrorist activities, war or political instability in the markets Toyota Industries Corporation and itsGroup companies servevii) Factors such as greater price competition in Asia, North America and Europe resulting from industry overcapacity or other factors;
higher fuel prices or shortages of fuel; labor or other constraints on the ability of Toyota Industries Corporation and its Group
companies to restructure their business; work stoppages at their facilities or those of key suppliers; and the discovery of defects intheir products resulting in delays in new product launches, recall campaigns, increased warranty costs or litigation.

The covers of this annual report show two products from our Materials Handling Equipment Segment,
which is one of our primary segments and epitomizes our global presence. The front cover shows theGENEO-E (7FBE outside Japan) manufactured by TOYOTA Material Handling Company, while the backcover features BT Industries AB’s BT REFLEX AC.
The GENEO-E (7FBE) is a three-wheel electric counterbalanced forklift truck marketed in 2003. It has
the power and operability of a four-wheel counterbalanced forklift truck yet possesses the mobility of areach truck. The color of the GENEO-E (7FBE) is green in Japan and orange outside Japan.
The BT REFLEX AC is designed for intensive stacking and horizontal transporting. Ergonomic designand excellent performance have been combined into a superbly productive line of trucks.
(Back)(Front)