FINANCIAL RESULTS
FY2022(April 1, 2021 through March 31, 2022)

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 forwardlooking statements. Projections and forward-looking statements are based on the current expectations and estimates ofToyota 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 corporation 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 materially from any projections or forward-looking statements discussed in this report. These risks anduncertainties include, but are not limited to, the following: 1) reliance on a small number of customers, 2) productdevelopment 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 othercompanies, 9) exchange rate fluctuations, 10) share price fluctuations, 11) effects of disasters, power blackouts and otherincidents, 12) latent risks associated with international activities and 13) retirement benefit liabilities.

April 28, 2022

FY2022 Consolidated Financial Results<IFRS>(April 1, 2021 - March 31, 2022)
TOYOTA INDUSTRIES CORPORATION
Stock exchange listings: Tokyo and Nagoya (Code number: 6201) (URL: https://www.toyota-industries.com/ )Representative person: Akira Onishi, President, Member of the Board
Contact person: Akihiro Oiwa, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)

The expected date of the Ordinary General Meeting of Shareholders: June 10, 2022
The expected date of submission of the securities report (Japanese only): June 17, 2022
The expected date of dividends payment: May 26, 2022
Additional documents to supplement financial results: Yes
IR presentation: Yes (For analysts and professional investors)(Amounts less than one million yen are omitted)
1. Financial Highlights for FY2022 (April 1, 2021 - March 31, 2022)(1) Consolidated Financial Results

Net sales
Million yen(% : changes from the same period of the previous fiscal year)
Profit attributable
Profit before
Comprehensive
Profitto owners of theincome taxes
incomeparentOperating profit%

Million yen%

Million yen%

Million yen%

Million yen%

FY2022

2,705,183 27.7

159,066

34.6

246,12333.8

185,35031.0

180,306

31.9

751,823 (12.0)

FY20212,118,302 (2.4)

118,159(7.9)

184,011(6.3)

141,435(5.8)

136,700(6.3)

854,098

Earnings
per share－basic

Earnings
per share－diluted

Yen

Return on equity
attributable to ownersof the parent

Yen

Profit before tax tototal assets%

Million yen%－

Operating profit
to net sales%%

FY2022580.73580.73

5.0

3.5

5.9

FY2021440.28440.28

4.8

3.1

5.6

(Note) Share of profit (loss) of investments accounted for by the equity method
FY2022 ― 4,397 million yen,

FY2021 ― 1,682 million yen(2) Consolidated Financial Position

Total assets

Total equity

Million yen

Ratio of equity
Equity attributable toEquity attributable to attributable to owners
owners of the parent
owners of the parent of the parent to total
per share
assetsMillion yen

Million yen%

Yen

FY2022

7,627,120

4,021,967

3,928,513

51.5

12,653.04

FY2021

6,503,986

3,322,550

3,236,038

49.8

10,422.64(3) Consolidated Cash flows
Cash flows fromoperating activities
Million yen

Cash flows frominvesting activities
Million yen

Cash flows fromfinancing activities
Million yen

Cash and cash equivalents
at the end of year
Million yen

FY2022321,085(229,805)(92,114)

247,085

FY2021

382,386(404,164)(105,477)

238,248

2. Cash Dividends

Annual cash dividends per share
1st
Quarter

2nd
Quarter

3rd
Quarter

4th
Quarter

FY Total

Total amountof annual
cash dividends

Yen

Yen

Yen

Yen

Yen

Million yen

Dividend on
equityattributable toowners of theparentDividend
payout ratio%%

FY2021

－

70.00

－

80.00

150.0046,57234.1

1.6

FY2022

－

80.00

－

90.00

170.0052,78129.3

1.5

FY2023(Forecast)

－

90.00

－

90.00

180.0030.2

3. Forecasts of Consolidated Financial Results for FY2023 (April 1, 2022 - March 31, 2023)(% : changes from the same period of the previous fiscal year)
Net sales
Million yen

FY20233,100,000

Profit before
income taxes

Operating profit%

14.6

Million yen

170,000%

6.9

Million yen

250,000

Profit attributable toowners of the parent%

1.6

Million yen

185,000

Earnings
per share－basic

%

2.6

Yen

595.85

4. Others(1) Changes in major subsidiaries (specified subsidiaries that changed the scope of consolidation) : No
(2) Changes in accounting policies and accounting estimates(i) Changes in accounting policies required by IFRS : Yes(ii) Changes other than (i) : No(iii) Changes in accounting estimates : No
(3) Issued and outstanding capital stock(i) Number of shares outstanding at end of each period (including treasury stock):
FY2022 －325,840,640 shares, FY2021 －325,840,640 shares(ii) Number of treasury stock outstanding at end of each period:
FY2022 －15,360,786 shares, FY2021 －15,358,862 shares(iii) Average number of shares outstanding for each period (accumulated):
FY2022 －310,480,569 shares, FY2021 －310,482,886 shares* These financial results are not subject to audits by certified public accountants or auditing firms.
* Explanation regarding the proper use of performance forecasts and other special items;- All projections are based on the information currently available to management and certain assumptions deemed
reasonable by Toyota Industries, and are not guarantees of future performance. Actual results could differ from thoseprojections due to uncertainties including economic conditions and exchange rate fluctuations.
- Our projections are based on exchange rates of 120 yen to the U.S. dollar and 130 yen to the euro for FY2023.
- Please see page 4 on attached documents for details on performance forecasts in "Future Outlook".

Attached documents－Contents

1. Business Results ...............................................................................................................................................

2(1) Overview on Consolidated Business Results ...................................................................................................

2(2) Overview on Consolidated Financial Condition ................................................................................................

3(3) Overview on Cash Flows ..................................................................................................................................

3(4) Future Outlook ..................................................................................................................................................

4

2. Basic Rationale for Selection of Accounting Standards ...........................................................................

5

3. Consolidated Financial Statements and main notes .................................................................................

6(1) Consolidated Statement of Financial Position ..................................................................................................

6(2) Consolidated Statement of Profit or Loss and Consolidated Statement of Comprehensive Income ................

8(3) Consolidated Statement of Changes in Equity .................................................................................................

10(4) Consolidated Statement of Cash Flows ............................................................................................................

12(5) Note on Consolidated Financial Statements .....................................................................................................

13(Note on Premise of Going Concern) ................................................................................................................

13(Changes in Accounting Policies) ......................................................................................................................

13(Changes in Presentation) .................................................................................................................................

13(Segment Information) .......................................................................................................................................

14(Earnings per Share) .........................................................................................................................................

16(Subsequent Events) .........................................................................................................................................

16

―1―

1. Business Results(1) Overview on Consolidated Business Results
In FY2022 (ended March 31, 2022), economic activities resumed thanks to the progress on COVID-19 vaccinations
worldwide, which in turn prompted the global economy to recover, while the spread of COVID-19 infections shows nosigns of subsiding. The momentum of the recovery is waning, however, due to semiconductor shortages, shipping
delays caused by container shortages and the adverse effects of the Russian invasion of Ukraine that began near theend of FY2022. Meanwhile, the Japanese economy was also on a recovery trend, albeit belatedly, but its pace islikewise slowing down. In this operating environment, Toyota Industries undertook efforts to ensure customer trust
through a priority to quality as well as to expand sales by responding flexibly to market trends.
As a result, total consolidated net sales amounted to 2,705.1 billion yen, an increase of 586.8 billion yen, or 28%, fromthe previous fiscal year.
Operating results by business segment are as follows.
The Automobile market recovered slightly overall, with an increase in Asia. Amid such operating conditions, net salesof the Automobile Segment totaled 792.8 billion yen, an increase of 201.2 billion yen, or 34%.
Within this segment, net sales of the Vehicle Business amounted to 83.4 billion yen, a decrease of 4.9 billion yen, or
6%, due to a decrease in sales of RAV4 both for Japan and abroad.
Net sales of the Engine Business totaled 267.6 billion yen, an increase of 127.7 billion yen, or 91%, resulting mainly
from an increase in sales of GD diesel engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 356.1 billion yen, an increase of 54.5 billion yen,or 18%, due mainly to an increase in sales in North America.
Net sales of the Electronics Parts and Others Business totaled 85.5 billion yen, an increase of 23.9 billion yen, or 39%,
attributable primarily to an increase in sales of DC-AC inverters.
The Materials Handling Equipment market were strong overall, with the expansion in North America and Europe. Amid
this operating climate, net sales of the Materials Handling Equipment Segment totaled 1,789.4 billion yen, an increaseof 358.0 billion yen, or 25%. Sales of lift trucks, a mainstay product of this segment, increased primarily in Europe.
The Textile Machinery market remained steady in Asia, including the mainstay China. Net sales of the Textile
Machinery Segment totaled 69.2 billion yen, an increase of 28.4 billion yen, or 69%, due mainly to an increase in salesof weaving machinery and yarn quality measurement instruments.

In terms of overall profit, despite increases in raw material prices and labor costs, mainly owing to an increase in sales,
Toyota Industries posted consolidated operating profit of 159.0 billion yen, an increase of 40.9 billion yen, or 35%, fromthe previous fiscal year. Profit before income taxes totaled 246.1 billion yen, an increase of 62.1 billion yen, or 34%.
Profit attributable to owners of the parent totaled 180.3 billion yen, an increase of 43.6 billion yen, or 32%.

―2―

(2) Overview on Consolidated Financial Condition
Assets amounted to 7,627.1 billion yen, an increase of 1,123.2 billion yen from the end of the previous fiscal year, due
mainly to an increase in fair value of investment securities. Liabilities amounted to 3,605.1 billion yen, an increase of
423.7 billion yen from the end of the previous fiscal year. This was primarily because of an increase in deferred tax
liabilities. Equity amounted to 4,021.9 billion yen, an increase of 699.4 billion yen from the end of the previous fiscal
year.

(3) Overview on Cash FlowsNet cash provided by operating activities was 321.0 billion yen in FY2022, due to posting profit before income taxes of
246.1 billion yen. Net cash provided by operating activities decreased by 61.3 billion yen compared to that of 382.3
billion yen in the previous fiscal year.
Net cash used in investing activities was 229.8 billion yen in FY2022, attributable primarily to payments for purchasesof property, plant and equipment of 237.3 billion yen. Net cash used in investing activities decreased by 174.3 billion
yen compared to that of 404.1 billion yen in the previous fiscal year.
Net cash used in financing activities was 92.1 billion yen in FY2022, due mainly to repayments of corporate bonds of
184.0 billion yen. Net cash used in financing activities decreased by 13.3 billion yen compared to that of 105.4 billion
yen in the previous fiscal year.
After adding translation adjustments and cash and cash equivalents at beginning of period, cash and cash
equivalents as of March 31, 2022 stood at 247.0 billion yen, an increase of 8.8 billion yen, or 4%, from the end of theprevious fiscal year.

―3―(4) Future Outlook
Uncertainties abound with regard to the outlook of the global economy. The spread of COVID-19 infections shows nosigns of subsiding. There are also long-term concerns on effects caused by semiconductor shortages that havecontinued since FY2022, shipping delays due to container shortages as well as soaring resource prices and supply
constraints arising from heightened geopolitical tensions.
In addition, in the political, economic and technological areas, changes are occurring at a growing pace such as
accelerating global efforts to realize a carbon neutral society and advancements in digitalization. In the markets for
Automobile and Materials Handling Equipment, which constitute core businesses of Toyota Industries, competition
among companies is intensifying, triggered by advancements in the fields of electrification and autonomous driving, newentries that leverage digital technologies and the transformation of the industrial structure.
Toyota Industries forecasts consolidated net sales of 3,100.0 billion yen, operating profit of 170.0 billion yen, profit
before income taxes of 250.0 billion yen and profit attributable to owners of the parent of 185.0 billion yen. By segment,
we forecast net sales of 955.0 billion yen in the Automobile Segment and 2,012.0 billion yen in the Materials Handling
Equipment Segment.
Our projections are based on exchange rates of 120 yen to the U.S. dollar and 130 yen to the euro for FY2023.

―4―

2. Basic Rationale for Selection of Accounting Standards
Toyota Industries adopted International Financial Reporting Standards ("IFRS") for its consolidated financial
statements, in order to enhance the accounting analytical capacity in its group management, as well as to improve theinternational comparability of its financial information in capital market.

―5―

3. Consolidated Financial Statements and main notes(1) Consolidated Statement of Financial Position(Millions of yen)

AssetsCurrent assets
Cash and cash equivalents
Time deposits with deposit terms ofover three months
Trade receivables and other receivables
Other financial assets
Inventories
Income tax receivables
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Goodwill and intangible assets
Trade receivables and other receivables
Investments accounted for by the equity method
Other financial assets
Net defined benefit assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets―6―

FY2021(As of March 31, 2021)

FY2022(As of March 31, 2022)

238,248

247,085

353,864

328,674

962,270
5,947
292,461
22,63072,658
1,948,081

1,121,491
12,672433,961
28,906
83,0342,255,827

1,043,405
363,449
3,519
16,812
3,051,702
33,997
37,615
5,401
4,555,904
6,503,986

1,134,074
395,882
2,334
21,337
3,734,97837,40839,9085,368
5,371,292
7,627,120

(Millions of yen)

Liabilities and Equity
Liabilities
Current liabilities
Trade payables and other payables
Corporate bonds and loans
Other financial liabilities
Accrued income taxes
Provisions
Other current liabilities
Total current liabilities
Non-current liabilities
Corporate bonds and loans
Other financial liabilities
Net defined benefit liabilities
Provisions
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
EquityShare of equity attributable to owners of the parent
Capital stock
Capital surplus
Retained earnings
Treasury stock
Other components of shareholders' equity
Total share of equity attributable to owners of the parent
Non-controlling interests
Total equity
Total liabilities and equity―7―

FY2021(As of March 31, 2021)

FY2022(As of March 31, 2022)

613,579435,238
78,67322,786
13,343
24,617
1,188,239

745,553
468,504
82,90927,281
15,41533,0581,372,721

910,124
88,364
104,900
10,225
854,644
24,937
1,993,196
3,181,436

922,011
95,237
91,677
11,809
1,078,641
33,0542,232,430
3,605,152

80,462
102,307
1,369,775(59,321)
1,742,814
3,236,038
86,511
3,322,550
6,503,986

80,462
102,388
1,514,657(59,339)2,290,343
3,928,513
93,4544,021,967
7,627,120

(2) Consolidated Statement of Profit or Loss andConsolidated Statement of Comprehensive Income
Consolidated Statement of Profit or Loss
(Millions of yen)
FY2021(April 1, 2020 March 31, 2021)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Other income
Other expenses
Operating profit
Financial income
Financial expenses
Share of profit (loss) of investments accounted forby the equity method
Profit before income taxes
Income taxes
ProfitProfit attributable to:
Owners of the parent
Non-controlling interests

Earnings per share
Earnings per share－basic (yen)Earnings per share－diluted (yen)―8―

FY2022(April 1, 2021 March 31, 2022)

2,118,302(1,627,894)
490,407(374,648)
18,956(16,555)
118,159
73,999(9,830)2,705,183(2,097,501)
607,682(455,165)
20,942(14,391)
159,066
89,941(7,282)

1,682

4,397

184,011(42,576)
141,435

246,123(60,773)
185,350

136,700
4,735

180,306
5,043

440.28440.28580.73580.73

Consolidated Statement of Comprehensive Income(Millions of yen)
FY2021(April 1, 2020 March 31, 2021)
ProfitOther comprehensive income:Items not to be reclassified into profit or loss
Net changes in revaluation of FVTOCI financial assets
Remeasurements of defined benefit plans
Other comprehensive income of affiliates accounted forby the equity method
Total items not to be reclassified into profit or loss
Items that can be reclassified into profit or loss
Translation adjustments of foreign operations
Cash flow hedges
Other comprehensive income of affiliates accounted forby the equity method
Total items that can be reclassified into profit or loss
Total other comprehensive income
Comprehensive income
Total comprehensive income attributable to:
Owners of the parent
Non-controlling interests―9―

FY2022(April 1, 2021 March 31, 2022)

141,435

185,350642,254
12,438465,900
13,94327

19654,719479,863

57,210154

84,380
1,126

578

1,102

57,943
712,662854,098

86,610566,473
751,823

845,026
9,072

742,0889,735

(3) Consolidated Statement of Changes in Equity(Millions of yen)
Share of equity attributable to owners of the parent
Other components ofshareholders' equity
Capitalstock

Balance as of April 1, 2020

CapitalsurplusRetainedearnings

Treasurystock

Net changes in
Remeasurements
revaluation ofof defined benefit
FVTOCI financial
plans
assets－80,462

103,515

1,267,521(59,307)

1,138,219

Profit－－136,700－－－

Other comprehensive income

－

－

－

－

641,463

12,128－－

136,700－

641,463

12,128

Repurchase of treasury stock

－

－

－

(14)

－

－

Disposal of treasury stock

－

0

－

0

－

－

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings－－(46,572)

－

－

－

－

(1,208)

－

－

－

－

－

－

－

－

－

－

－

－

12,126－2(12,128)

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－(1,208)(34,445)(14)

2(12,128)

Balance as of March 31, 2021－

Total comprehensive income

80,462

102,307

1,369,775(59,321)

1,779,685

Profit－－180,306－－－

Other comprehensive income

－

－

－

－

466,017

13,896－－

180,306－

466,017

13,896

Repurchase of treasury stock

－

－

－

(18)

－

－

Disposal of treasury stock

－

0

－

0

－

－

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings－－(49,676)

－

－

－

－

81

－

－

－

－

－

－

－

－

－

－

－

－

14,252－(355)(13,896)

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－

81(35,424)

(18)

(355)

(13,896)

Balance as of March 31, 2022

80,462

102,388

1,514,657(59,339)

2,245,347－

Total comprehensive income― 10 ―

(Millions of yen)
Share of equity attributable to owners of the parent
Other components of shareholders' equity
Translation
adjustmentsof foreign
operations
Balance as of April 1, 2020

Cash flow
hedges

Total

Total

Non-controllinginterests

Total equity(93,662)

2,057

1,046,614

2,438,807

81,7302,520,537－－－

136,700

4,735

141,435

54,579154

708,326

708,326

4,336

712,662

54,579154

708,326

845,026

9,072

854,098

Repurchase of treasury stock

－

－

－

(14)

－

(14)

Disposal of treasury stock

－

－

－

0

－

0

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings

－

－

－

(46,572)(1,627)(48,200)－－－(1,208)(2,662)(3,871)

－

－

－

－

－

－

－

－

(12,126)－－－

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－－(12,126)(47,794)(4,290)(52,085)

Balance as of March 31, 2021

(39,082)2,211

1,742,814

3,236,038

86,511

3,322,550－－－

180,306

5,043

185,350

80,7401,126

561,781561,781

4,692

566,473

80,7401,126

561,781742,088

9,735

751,823

Repurchase of treasury stock

－

－

－

(18)

－

(18)

Disposal of treasury stock

－

－

－

0

－

0

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings

－

－

－

(49,676)(2,260)(51,937)

－

－

－

81

(1,066)

(984)

－

－

－

－

534

534

－

－

(14,252)－－－

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－－(14,252)(49,613)(2,792)(52,405)

Balance as of March 31, 2022

41,6573,338

2,290,343

3,928,513

93,4544,021,967

ProfitOther comprehensive income
Total comprehensive income

ProfitOther comprehensive income
Total comprehensive income― 11 ―

(4) Consolidated Statement of Cash Flows(Millions of yen)
FY2021(April 1, 2020 March 31, 2021)
Cash flows from operating activities:
Profit before income taxes
Depreciation and amortization
Impairment losses
Interest and dividends income
Interest expenses
Share of (profit) loss of investments accounted forby the equity method(Increase) decrease in inventories(Increase) decrease in trade receivables andother receivables
Increase (decrease) in trade payables and other payables
OthersSubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by operating activities
Cash flows from investing activities:
Payments for purchases of property, plant and equipment
Proceeds from sales of property, plant and equipment
Payments for purchases of investment securities
Proceeds from sales of investment securities
Payments for acquisition of subsidiaries' stock
resulting in change in scope of consolidation
Payments into time deposits
Proceeds from withdrawal of time deposits
Payments for transfer of businesses
OthersNet cash used in investing activities
Cash flows from financing activities:
Net Increase (decrease) in short-term loans
payable (within three months)
Proceeds from short-term loans payable(over three months)
Repayments of short-term loans payable(over three months)
Net Increase (decrease) in commercial paper
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of corporate bonds
Repayments of corporate bonds
Repayments of lease obligations
Payments for repurchase of treasury stock
Cash dividends paid
Cash dividends paid to non-controlling interests
OthersNet cash used in financing activities
Translation adjustments of cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period― 12 ―FY2022(April 1, 2021 March 31, 2022)

184,011
209,839
3,008(72,429)5,430

246,123
223,7372,368(84,203)
4,868(1,682)(4,397)(20,673)(110,613)(40,035)(81,246)

73,86826,205367,543
72,881(5,433)(52,605)
382,386

93,537
12,496
302,671
84,921(4,999)(61,507)
321,085(222,360)
16,200(4,455)
3(237,371)
16,415(1,406)651(714)(14,905)(929,999)
752,408(901)(14,344)(404,164)(935,461)
961,239(529)(18,438)(229,805)(13,507)

26,62264,349136,079(65,989)(112,363)(62,355)
182,295(99,189)
47,038(84,589)(23,251)(14)(46,572)(1,627)(2,062)(105,477)
7,359(119,896)
358,144
238,248

40,590233,551(180,482)
13,205(184,066)(16,453)(18)(49,676)(2,260)3,156(92,114)
9,671
8,837
238,248
247,085

(5) Note on Consolidated Financial Statements(Note on Premise of Going Concern) : No
(Changes in Accounting Policies)
Effective from FY2022, Toyota Industries adopted Interest Rate Benchmark Reform - Phase 2 amendments to IFRS 9,IFRS 7 and IFRS 16 (issued in August 2020).

(Changes in Presentation)(Consolidated Statement of Cash Flows)"Payments for loans made" and "Proceeds from collection of loans" in "Cash flows from investing activities" whichwere separately presented in the previous fiscal year, are included in "Others" from FY2022, considering the significant
monetary impact to the consolidated financial statements.
As a result, the amount of (1,107) million yen presented as "Payments for loans made" and the amount of 1,033
million yen presented as "Proceeds from collection of loans" in "Cash flows from investing activities" in the consolidated
statement of cash flows for the previous fiscal year have been reclassified as "Others" of (74) million yen.
"Payments for acquisition of subsidiaries' stock not resulting in change in scope of consolidation" and "Proceeds fromsales of subsidiaries' stock not resulting in change in scope of consolidation" in "Cash flows from financing activities"
which were separately presented in the previous fiscal year, are included in "Others" from FY2022, considering thesignificant monetary impact to the consolidated financial statements.
As a result, the amount of (5,602) million yen presented as "Payments for acquisition of subsidiaries' stock notresulting in change in scope of consolidation" and the amount of 929 million yen presented as "Proceeds from sales ofsubsidiaries' stock not resulting in change in scope of consolidation" in "Cash flows from financing activities" in the
consolidated statement of cash flows for the previous fiscal year have been reclassified as "Others" of (4,672) million
yen.
"Net Increase (decrease) in commercial paper" and "Repayments of lease obligations," which were included in"Others" in "Cash flows from financing activities" in the previous fiscal year, are separately presented from FY2022,
considering the significant monetary impact to the consolidated financial statements.
As a result, the amount of (82,996) million yen presented as "Others" in "Cash flows from financing activities" in the
consolidated statement of cash flows for the previous fiscal year has been reclassified as "Net Increase (decrease) incommercial paper" of (62,355) million yen, "Repayments of lease obligations" of (23,251) million yen, and "Others" of
2,610 million yen.

― 13 ―

(Segment Information)
FY2021 (April 1, 2020 - March 31, 2021)(Millions of yen)

Sales
Outside customer
sales
Inter-segment
transactions
Total
Segment profit (loss)
Segment assets

Automobile

Materials
Handling
Equipment

TextileMachinery

Others(Note 2)

Total
(Note 1)

591,673

1,431,455

40,85054,322

2,118,302－

2,118,302

23,235

1,332

275

26,61051,454(51,454)－614,909

1,432,788

41,12580,9332,169,756(51,454)

2,118,302

4,786

109,984(1,125)

4,489

118,134

25

118,159

660,9442,078,219

54,203

193,688

2,987,055

3,516,930

6,503,986

Adjustments Consolidated(Note 3)(Note 4)

Financial income

73,999Financial expenses(9,830)Share of profit (loss) ofinvestments accounted
for by the equity
methodProfit before income
taxes(Notes)1,682

184,011

1. Main products and services of each segment
Automobile................................ Vehicles, diesel and gasoline engines, foundry parts for engines, car airconditioning compressors, electronics components
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems,
aerial work platforms, logistics solutions, sales financing businessTextile machinery...................... Weaving machinery, spinning machinery, instruments for yarn testing andcotton classing
2. "Others" represents businesses not included in the reporting segments, and its primary service is the landtransportation.
3. Breakdown of adjustments
25 million yen included in "Adjustments" for "Segment profit (loss)" is inter-segment transactions.
"Adjustments" for "Segment assets" includes corporate assets.
Corporate assets mainly consist of the Company's cash and deposits as well as marketable securities andinvestment securities.
4. "Segment profit (loss)" reconciles to operating profit disclosed in the consolidated statement of profit orloss.

― 14 ―

FY2022 (April 1, 2021 - March 31, 2022)(Millions of yen)

Sales
Outside customer
sales
Inter-segment
transactions
Total
Segment profit (loss)
Segment assets
Financial income
Financial expenses
Share of profit (loss) ofinvestments accounted
for by the equity
methodProfit before income
taxes(Notes)Automobile

Materials
Handling
Equipment

TextileMachinery

Others(Note 2)

Total
(Note 1)

792,813

1,789,434

69,21553,7202,705,183－

2,705,183

28,512507

284

28,897

58,201(58,201)－

821,326
33,007748,397

1,789,941
113,616
2,431,790

69,4995,549
71,994

82,617
7,147
262,429

2,763,385
159,319
3,514,612(58,201)(253)
4,112,507

2,705,183
159,066
7,627,120
89,941(7,282)Adjustments Consolidated(Note 3)(Note 4)

4,397

246,123

1. Main products and services of each segment
Automobile................................ Vehicles, diesel and gasoline engines, foundry parts for engines, car airconditioning compressors, electronics components
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems,
aerial work platforms, logistics solutions, sales financing businessTextile machinery...................... Weaving machinery, spinning machinery, instruments for yarn testing andcotton classing
2. "Others" represents businesses not included in the reporting segments, and its primary service is the landtransportation.
3. Breakdown of adjustments(253) million yen included in "Adjustments" for "Segment profit (loss)" is inter-segment transactions.
"Adjustments" for "Segment assets" includes corporate assets.
Corporate assets mainly consist of the Company's cash and deposits as well as marketable securities andinvestment securities.
4. "Segment profit (loss)" reconciles to operating profit disclosed in the consolidated statement of profit orloss.

― 15 ―

(Earnings per Share)(1) Basis of calculation for basic earnings per share(i) Profit attributable to owners of the parent(Millions of yen)
FY2021(April 1, 2020 March 31, 2021)
Profit attributable to owners of common stock of the parent

136,700

FY2022(April 1, 2021 March 31, 2022)
180,306(ii) Weighted-average shares of common stock(Thousands)
FY2021(April 1, 2020 March 31, 2021)
Weighted-average number of common stock

310,482

FY2022(April 1, 2021 March 31, 2022)
310,480(2) Basis of calculation for diluted earnings per share
Diluted earnings per share is the same amount with basic earnings per share because there are no dilutive shares.

(Subsequent Events) : None

― 16 ―