FINANCIAL SUMMARYFY2016

Third Quarter(April 1, 2015 through December 31, 2015)

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-looking
statements. 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 corporationand its Group companies undertake no obligation to publicly update or revise any forward-looking statements, whether as aresult of new information, future events or otherwise. Therefore, it is advised that you should not rely solely upon theseprojections 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 materiallyfrom any projections or forward-looking statements discussed in this report. These risks and uncertainties include, but are notlimited 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)
environmental regulations, 8) success or failure of strategic alliances with other companies, 9) exchange rate fluctuations, 10)
share price fluctuations, 11) effects of disasters, power blackouts and other incidents, 12) latent risks associated withinternational activities and 13) retirement benefit liabilities.

February 3, 2016

FY2016 Third Quarter Consolidated Financial Results<Japanese GAAP>(April 1, 2015 - December 31, 2015)

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: February 12, 2016
The expected date of dividends payment: －Additional documents to supplement quarterly financial results: Yes
Quarterly IR presentation: Yes (For analysts and professional investors)(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2016 Third Quarter (April 1, 2015 - December 31, 2015)(1) Consolidated Financial Results(% : changes from the same period of the previous fiscal year)

Net sales

Operating profit%

Million yen

FY2016
Third Quarter
FY2015
Third Quarter

Profit attributable toowners of the parent

Ordinary profit%

Million yen%

Million yen%

Million yen

1,694,501

7.0

99,555

11.1

162,274

12.6

172,84470.1

1,583,227

6.9

89,64014.9

144,17227.9

101,62132.9(Note) Comprehensive income: FY2016 Third Quarter ― 60,242 million yen [(86.3 %)](Note) Comprehensive income: FY2015 Third Quarter ― 440,557 million yen [3.4 %]FY2016
Third Quarter
FY2015
Third Quarter

Earnings
per share―basic

Earnings
per share―diluted

Yen

Yen

550.16550.09323.65323.53(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio%

Million yen

FY2016
Third Quarter

4,738,099

2,450,135

50.1

FY20154,650,896

2,425,929

50.7(Note) Shareholders' equity: FY2016 Third Quarter ― 2,374,074 million yen, FY2015 ― 2,356,220 million yen

2. Cash Dividends
Annual cash dividends per share
Second quarter
Third quarter
Fourth quarter

First quarter
Yen

Yen

Yen

FY2015

00.0-

50.00

00.0-

FY2016

00.0-

60.00

00.0-

FY2016(Forecast)

FY Total

Yen

Yen

60.00

110.0060.00

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

3. Forecasts of Consolidated Financial Results for FY2016 (April 1, 2015 - March 31, 2016)(% : changes from the same period of the previous fiscal year)

Net sales

FY2016

Operating profit

Ordinary profit

Million yen%

Million yen%

Million yen%

2,230,000

2.9

130,000

10.6

193,000

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

Profit attributable toowners of the parent
Million yen%

192,000

66.6

Earnings
per share―basic
Yen

611.13

4. Others(1) Changes in major subsidiaries (specified subsidaries that changed 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 : Yes② Changes other than ① : No
③ Changes in accounting estimates : No
④ Restatement : No
(Note)Please see page 3 on attached documents for details on(Note)”Changes in accounting policies, accounting estimates and restatement".
(4) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2016 Third Quarter － 325,840,640 shares, FY2015 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2016 Third Quarter －11,669,523 shares, FY2015 －11,684,749 shares③ Average number of shares outstanding for each period (accumulated):
FY2016 Third Quarter －314,169,532 shares, FY2015 Third Quarter －313,984,320 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 120 yen to the U.S. dollar and 133 yen to the eurofor FY2016.
・ Please see page 3 on attached documents for details on performance forecasts in "Explanation
for Forecast for FY2016".

(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 FY2016 ････････････････････････････････････････････････3
2. Matters concerning Summary Information (Note) ･････････････････････････････････････････3(1) Changes in accounting policies, accounting estimates and restatement ･･････････････3
3. 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 third quarter of fiscal 2016 (the nine months from April 1 to December 31, 2015), total
consolidated net sales of Toyota Industries amounted to 1,694.5 billion yen, an increase of 111.3 billion
yen, or 7%, 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 777.7 billion yen, an increase of 11.0 billion yen, or 1%,
from the same period of the previous fiscal year.
Within this segment, net sales of the Vehicle Business amounted to 352.5 billion yen, an increase of
10.1 billion yen, or 3%. This is attributable primarily to having started producing the hybrid version of the
RAV4 in October 2015 despite a decline in sales of the Vitz (Yaris overseas).
Net sales of the Engine Business totaled 120.7 billion yen, a decrease of 21.9 billion yen, or 15%. This is
attributable primarily to decreases in sales of KD diesel engines and AR gasoline engines, althoughproduction of GD diesel engines commenced in June 2015.
Net sales of the Car Air-Conditioning Compressor Business totaled 257.2 billion yen, an increase of 27.7
billion yen, or 12%, resulting from an increase in sales in Chinese, North American and European
markets.
Net sales of the Electronics Parts, Foundry and Others Business totaled 47.2 billion yen, a decrease of
4.8 billion yen, or 9%, due to decreases in sales of electronics parts and foundry parts.
Net sales of the Materials Handling Equipment Segment totaled 771.2 billion yen, an increase of 92.8
billion yen, or 14%. This is due primarily to an increase in sales in North American and European
markets.
Net sales of the Logistics Segment amounted to 76.1 billion yen, an increase of 3.8 billion yen, or 5%.
This is attributable to an increase in sales of commissioned logistics business and cargo transportbusiness of automotive-related parts. Toyota Industries sold all shares of Asahi Securities Co., Ltd. andWanbishi Archives Co., Ltd. which are consolidated subsidiaries, in December, 2015 to concentrate on
its core businesses, namely the Materials Handling Equipment and Automobile business, and facilitate
its further growth.
Net sales of the Textile Machinery Segment totaled 49.7 billion yen, an increase of 2.4 billion yen, or
5%. Sales of Air jet Loom and instruments for textile quality measurement increased while those of
weaving machinery recorded a decrease.
In terms of overall profit, despite increases in labor costs, depreciation costs and raw material costs,
Toyota Industries recorded an increase in profit due mainly to increasing in sales, promoting cost
reduction efforts throughout the Toyota Industries Group and the impact of exchange rate fluctuations.
As a result, Toyota Industries posted consolidated operating profit of 99.5 billion yen, an increase of 9.9
billion yen, or 11%, from the same period of the previous fiscal year and ordinary profit of 162.2 billion
yen, an increase of 18.1 billion yen, or 13%, from the same period of the previous fiscal year. Profit
attributable to owners of the parent totaled 172.8 billion yen, an increase of 71.2 billion yen, or 70%, fromthe same period of the previous fiscal year while Toyota Industries posted an extraordinary profit of 89.8
billion yen arising from gain on sales of shares of subsidiaries.

(2) Explanation for Financial Condition
Total assets increased 87.2 billion yen from the end of the previous fiscal year to 4,738.0 billion yen
due mainly to increases in Machinery, equipment and vehicles. Liabilities amounted to 2,287.9 billion
yen, an increase of 63.0 billion yen from the end of the previous fiscal year due mainly to increases inshort-term loans payable. Net assets amounted to 2,450.1 billion yen, a decrease of 24.2 billion yen fromthe end of the previous fiscal year.
―2―(3) Explanation for Forecast for FY 2016

Toyota Industries forecasts consolidated net sales of 2,230.0 billion yen, operating profit of 130.0
billion yen. Due to an increase in dividends income, Toyota Industries has revised its forecasts ofconsolidated financial results for FY2016 to consolidated ordinary profit of 193.0 billion yen and profit
attributable to owners of the parent of 192.0 billion yen. Our projections are based on assumed
exchange rates of 120 yen to the U.S dollar and 133 yen to the euro for FY2016.

2. Matters concerning Summary Information (Note)(1) Changes in accounting policies, accounting estimates and restatement(Changes in accounting policies with revision of accounting standards)
Effective from the beginning of fiscal 2016, Toyota Industries adopted the requirements per“Accounting Standard for Business Combinations” (ASBJ Statement No. 21, September 13, 2013),“Accounting Standard for Consolidated Financial Statements” (ASBJ Statement No. 22, September 13,2013), “Accounting Standard for Business Divestitures” (ASBJ Statement No. 7, September 13, 2013)
and others.

―3―3. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
FY2015FY2016 Third Quarter(As of March 31, 2015)(As of December 31, 2015)

AssetsCurrent assets:
Cash and deposits

247,273357,546

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

58,250265,504

257,184

Lease investment assets

55,86874,724

Short-term investments
Merchandise and finished goods

34,08586,865

15,82889,603Work in process

43,32043,824

Raw materials and supplies
Deferred tax assets
Other current assets

64,651
24,23468,60365,42920,055
119,564

Allowance for doubtful accounts
Total current assets(3,756)
944,901(5,043)
1,038,717

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

173,181
320,895

161,216453,694

Tools, furniture and fixtures, net
Land39,351
120,652

27,472
117,921

Construction in progress
Total property, plant and equipment

53,451
707,532

43,177803,482

95,98596,716

84,913
95,526

192,702180,4392,593,522
18,228135,958
28,28930,622(860)
2,805,760
3,705,995
4,650,896

2,429,542
17,082
170,549
28,457
71,343(1,516)
2,715,459
3,699,381
4,738,099

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
Net defined benefit assets
Other investments and other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets―4―

(Million yen)
FY2015FY2016 Third Quarter(As of March 31, 2015)(As of December 31, 2015)

Liabilities
Current liabilities:
Trade notes and accounts payable

205,816

195,791

Short-term loans payable

99,736

220,928

Current portion of bonds
Lease obligations

47,05345,66519,99943,450Accounts payable-other

29,24525,895

Accrued income taxes
Deferred tax liabilities

13,686636

39,191
423

626

717

Other current obligations

210,721148,055

Total current liabilities
Long-term liabilities:
Bonds payable

653,187

694,454

185,998

191,555

Long-term loans payable
Lease obligations

421,154
117,185495,523
106,618

Deferred tax liabilities
Net defined benefit liabilities

737,268
86,766689,186
87,416

Other long-term liabilities
Total long-term liabilities

23,404
1,571,779

23,207
1,593,508

2,224,967

2,287,963

80,462
105,592
644,165(41,509)788,71180,462
105,585
779,309(41,463)
923,894

1,523,393(19)
55,598(11,463)
1,567,509
72
69,6362,425,929
4,650,896

1,411,364
335
49,357(10,876)
1,450,180
45
76,0152,450,135
4,738,099

Allowance for bonuses to directors

Total liabilities
Net Assets
Shareholders' 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
Defined benefit plan adjustments
Total accumulated other comprehensive income
Subscription rights to shares
Non-controlling interests
Total net assets
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)
FY2015 Third Quarter(April 1, 2014 December 31, 2014)

FY2016 Third Quarter(April 1, 2015 December 31, 2015)

Net sales

1,583,227

1,694,501

Cost of sales

1,288,736

1,372,281

Gross profit

294,490322,220

Selling, general and administrative expenses
Operating profit

204,850
89,640222,665
99,555Interest income
Dividends income

9,283
52,82910,647
65,142Other non-operating profit

9,079

8,464

Total non-operating profit

71,192

84,254

11,593

12,604

Other non-operating expenses

5,066

8,930

Total non-operating expenses
Ordinary profit

16,660144,172

21,535
162,274-

89,81989,819Profit before income taxes
Income taxes-current

144,172
34,966

252,094
72,320

Income taxes-deferred
Total income taxes

3,438
38,405

1,013
73,333

ProfitProfit attributable to non-controlling interests
Profit attributable to owners of the parent

105,766
4,145
101,621

178,760
5,915
172,844

Non-operating profit:

Non-operating expenses:
Interest expenses

Extraordinary profit:
Gain on sales of shares of subsidiaries
Total extraordinary profit―6―Quarterly Consolidated Statements of Comprehensive Income(Million yen)
FY2015 Third Quarter(April 1, 2014 December 31, 2014)

FY2016 Third Quarter(April 1, 2015 December 31, 2015)

Profit105,766

178,760

Other comprehensive income:
Valuation difference on available-for-sale securities

306,560(111,967)

(857)

354

28,65279(7,004)
597

354

(497)

334,790(118,517)

Comprehensive Income

440,557

60,242

Profit attributable to:
Owners of the parent

434,082

55,515

6,474

4,727

Deferred gains or losses on hedges
Foreign currency translation adjustment
Defined benefit plan adjustments
Share of other comprehensive income ofassociates accounted for using equity method
Total other comprehensive income

Non-controlling 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 third quarter of FY2016 (the nine months from April 1 to December 31, 2015),
Toyota Industries paid dividends of 37,699 million yen from retained earnings.
(Segment Information)
FY2015 Third Quarter (April 1, 2014 - December 31, 2014)(Million yen)

Automobile

Materials
handling
equipment

Logistics

Textilemachinery

Outside customer sales

766,717

678,480

72,35247,32818,3491,583,227-

Inter-segment transactions

23,263

1,094

10,423

170

11,08946,041(46,041)-

Total

789,980

679,575

82,77547,49929,438

1,629,269(46,041)

1,583,227

Segment profit

27,511

52,760

4,304

2,391

2,590

89,55980

89,640

OthersTotal

Eliminations Consolidated

Net sales
1,583,227(Notes) 1. "Others" is business segment not included in reportable segments.
2. Segment profit of 80 million yen is inter-segment eliminations.
3. Segment profit is adjusted to operating profit of Quarterly Consolidated Statements of Income.

FY2016 Third Quarter (April 1, 2015 - December 31, 2015)(Million yen)

Automobile

Materials
handling
equipment

Logistics

Textilemachinery

Outside customer sales

777,759

771,260

76,14749,767

19,567

1,694,501-

Inter-segment transactions

18,552

1,958

6,634

169

11,45938,774(38,774)-

Total

796,311773,218

82,782

49,93731,027

1,733,275(38,774)

1,694,501

Segment profit

22,83864,530

4,796

3,567

3,332

99,065490

99,555

OthersTotal

Eliminations Consolidated

Net sales(Notes) 1. "Others" is business segment not included in reportable segments.
2. Segment profit of 490 million yen is inter-segment eliminations.
3. Segment profit is adjusted to operating profit of Quarterly Consolidated Statements of Income.

―8―

1,694,501