PROFILE
What is now Toyota Industries Corporation (“Toyota Industries”) was founded in 1926 as
Toyoda Automatic Loom Works, Ltd. by the renowned Japanese inventor Sakichi Toyoda tomanufacture automatic looms. The enterprise proceeded over the years to diversify into suchfields as automobiles, materials handling equipment and electronics. In line with its strategy ofglobalization, Toyota Industries now has production facilities in Europe, North America andother 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 warehouseequipment; Textile Machinery, which covers the spinning and weaving machinery businesses;
and Others, which includes electronics and other businesses. Each of these segments alreadyhas or is building a secure footing in its particular fields. While the Car Air-Conditioning
Compressor and Materials Handling Equipment businesses currently make up the mainstays of
Toyota Industries’ operations, we believe that the Electronics Business is well positioned todevelop into the core of our future operations. Accordingly, we have been allocating
significant resources to these three businesses.
Our long-term strategy is to establish a conglomerate premium through technological andmarket synergies among our various businesses in order to produce added value in terms ofoverall performance.

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 should be understood in this context. 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. These projections and forward-looking statements are subject to change without notice, and Toyota
Industries Corporation and its Group companies will not necessarily inform you of such changes. 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 materially from 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/or sales
restrictionsiii) Currency exchange rate fluctuations, notably involving yen, U.S. dollars, Asian currencies and the euro — the currencies in which Toyota Industries Corporationand 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, throughsuch means as new product development and launches in highly competitive markets characterized by continual new product introductions, rapid technologicaladvances 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 offuel; labor or other constraints on the ability of Toyota Industries Corporation and its Group companies to restructure their business; work stoppages at theirfacilities 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 litigation.