Profile
What is now Toyota Industries Corporation was founded in 1926 as Toyoda Automatic Loom Works,Ltd. by the renowned Japanese inventor Sakichi Toyoda to manufacture automatic looms. The
enterprise proceeded over the years to diversify into such fields as automobiles, forklift trucks,electronics, and logistics solutions. 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 compressor businesses;
Materials Handling Equipment, which specializes in forklift trucks and warehouse equipment; Textile
Machinery, which covers the spinning and weaving machinery businesses; and Others, which includes
electronics and other businesses. Each of these segments already has or is building a secure footing in
its particular fields.
Developing technological and market synergies among our various businesses to produce added
value, we aim to achieve a conglomerate premium so that the worth of Toyota Industries as a wholeadds up to more than the sum of its parts.

Cautionary Statement with Respect to Forward-Looking Statements
This semiannual report contains projections and other forward-looking statements that involve risks and uncertainties. Our use of the words “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 such projections and forward-looking statements are based on management’s assumptions and beliefs derived fromthe 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 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 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/orsales 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 substantial holdingsv) 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 its Group 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 in their products resulting in delays in new product launches, recall
campaigns, increased warranty costs or litigationviii) Political, economic and social conditions in Japan, the United States and elsewhere, including the relevant governments’ specific policies with respect toeconomic growth, inflation, taxation, currency convertibility, imports and sources of supplies, and the availability of credit, particularly to the extent suchcurrent or future conditions and policies affect the automobile, materials handling equipment, textile machinery, and electronics industries and markets inJapan, the United States, and elsewhere.