FINANCIAL SUMMARYFY2013(April 1, 2012 through March 31, 2013)

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 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 andforward-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: 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 pricefluctuations, 11) effects of disasters, power blackouts and other incidents, 12) latent risks associated with international
activities and 13) retirement benefit liabilities.

Aplil 26, 2013

FY2013 Consolidated Financial Results<under Japanese GAAP>TOYOTA INDUSTRIES CORPORATION
Stock exchange listings: Tokyo, Osaka and Nagoya (Code number: 6201) (URL: http://www.toyota-industries.com/ )Representative person: Tetsuro Toyoda, President
Contact person: Yasushi Kawai, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)
The expected date of the Ordinary General Meeting of Shareholders: June 13, 2013
The expected date of dividend payment: June 14, 2013
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2013 (April 1, 2012 - March 31, 2013）(1) Consolidated Financial Results(% : change from the previous year)

Net sales

Operating income%

Million yen

Ordinary income%

Million yen

Net income%

Million yen%

Million yen

FY2013

1,615,244

4.7

77,09810.0

86,836

7.4

53,119(9.3)

FY2012

1,543,352

4.3

70,092

1.9

80,866

9.4

58,59424.1(Note) Comprehensive income: FY2013 ― 349,283 million yen (168%), FY2012 ― 130,308 million yen ( - %)Net income
per share―basic

Net income
per share―diluted

Return on equity

Yen

Yen

%

Ordinary incomeon assets%

Operating incomeon sales%

FY20130170.36)0170.35)

4.1

2.9

4.8

FY20120188.02)

-

5.4

3.1

4.5

(Notes) Equity in net income(loss) of affiliates: FY2013 ― 825 million yen, FY2012 ― (490) million yen(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio

Net assets per share%

Million yen

Yen

FY20133,243,779

1,524,933

45.4

4,719.66

FY20122,656,984

1,197,841

43.0

3,662.26(Note) Shareholders' equity: FY2013 ― 1,473,515 million yen, FY2012 ― 1,141,480 million yen(3) Consolidated cash flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Million yen

Cash flows fromfinancing activities

Million yen

Cash and cash
equivalents at the end ofMillion yen

Million yen

FY2013

151,299(274,210)

007,050

179,359

FY2012

101,71800(9,403)

010,279

296,811

2. Cash Dividends
Total amountof annual
cash
dividends

Annual cash dividends per share
1st Quarter 2nd Quarter 3rd Quarter
Yen

Yen

Year-end

Yen

Yen

Yen

Dividend
payout ratio

Total amountof dividends
on net assets%

Million yen%

FY2012

-

25.00

-

25.00

50.00

15,58426.6

1.4

FY2013

-

25.00

-

30.00

55.00

17,15832.3

1.3

FY2014(Forecast)

-

30.00

-

30.00

60.00

28.8

(Note) Forecast of cash dividends per share for fiscal 2011 has not been decided yet.
3. Forecasts of Consolidated Financial Results for FY2014 (April 1, 2013 - March 31, 2014)(% : change from the same period of previous year)

Net sales
Million yen

Operating income%

Million yen%

Ordinary income
Million yen%

Net income
per share―basic

Net income
Million yen%

Yen

FY2014 Second
quarter(accm)

970,000

27.1

45,00020.9

051,000

20.2

31,00028.8

099.29FY2014

1,900,000

17.6

95,00023.2

107,000

23.2

65,00022.4

208.19

4. Others(1) Changes in major subsidiaries (specified subsidiaries that changed company's consolidation) : No
(2) 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 : Yes④ Restatement : No
(Note)Determination of changes is based on applicability to Article 14-7 of the "Regulations on(Note)Terminology, Forms, and Preparation Methods of Consolidated Financial Statements.”(Note)Please see page 13 on attached documents for details on changes in accounting policies in " Changes in(Note)policies, accounting estimates and restatement ".
(3) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2013 －325,840,640 shares, FY2012 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2013 －013,632,854 shares, FY2012 －014,153,619 shares③ Average number of shares outstanding for each period:
FY2013 －311,810,281 shares, FY2012 －311,646,495 shares* Progress of procedures for financial review of quarterly financial results
・ The consolidated 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 ¥95 = US$1 and ¥125 = €1 for FY2014
・ Please see page 2 on attached documents for details on performance forecasts in "Analysis on
Consolidated Business Results".

(Attached Documents)

Contents

1.Business Results･･････････････････････････････････････････････････････････････････････1(1) Analysis on Consolidated Business Results･･････････････････････････････････････････2(2) Analysis on Consolidated Financial Condition ･･･････････････････････････････････････3(3) Cash Dividends for FY2013 ････････････････････････････････････････････････････････3
2.Management Policy ･･････････････････････････････････････････････････････････････････････4(1) Basic Management Policy ･･････････････････････････････････････････････････････････4(2) Basic Policy on the Distribution of Profits ････････････････････････････････････････････4(3) Medium-to Long-Term Management Strategies ･････････････････････････････････････5
3. Consolidated Financial Statements ･･････････････････････････････････････････････････････6(1) Consolidated Balance Sheets ･･････････････････････････････････････････････････････6(2) Consolidated Statements of Income andConsolidated Statements of Comprehensive Income ･･･････････････････････････････8(3) Consolidated Statements of Changes in Total net assets････････････････････････････10(4) Consolidated Statements of Cash Flows ･･････････････････････････････････････････12(5) Note on premise of going concern ･････････････････････････････････････････････････13(6) Basis of Presenting Consolidated Financial Statements ･･･････････････････････････13(7) Changes in accounting policies, accounting estimates and restatement ･････････････13(8) Segment Information ･･････････････････････････････････････････････････････････････14(9) Earnings per share ････････････････････････････････････････････････････････････････15(10) Subsequent event ････････････････････････････････････････････････････････････････15- 1-

1. Business Results(1) Analysis on Consolidated Business Results
In fiscal 2013 (ended March 31, 2013), the global economy began to recover gradually overall.
Despite the impact of the European debt crisis and the slowing down of the Chinese economy, theUnited States and Southeast Asian countries registered solid economic momentum. In Japan, although
domestic demand and exports remained anemic, the announcement of new economic policies andmeasures served as a catalyst for correcting the yen’s appreciation and a recovery in the stock market,
revealing signs of brightness in certain sectors. In this operating environment, Toyota Industries
Corporation and its Group companies (“Toyota Industries”) undertook efforts to ensure customer trust
through its dedication to quality as well as to expand sales by responding flexibly to market trends.
As a result, total consolidated net sales amounted to 1,615.2 billion yen, an increase of 71.9 billion yen,or 5%, from fiscal 2012 (ended March 31, 2012). The following is a review of operations for the major
business segments.
The Automobile Segment made a turnaround in the Japanese market thanks to the effect of thegovernment’s subsidy program for eco cars, while the global market expanded on the back of strong
sales in the North American and Asian markets. Amid such operating conditions, net sales of theAutomobile Segment totaled 858.6 billion yen, an increase of 55.5 billion yen, or 7%, from fiscal 2012.
Within this segment, net sales of the Vehicle Business amounted to 356.7 billion yen, an increase of
2.3 billion yen, or 1%. Unit sales of the RAV4 increased while those of the Vitz (Yaris overseas)registered a decrease.Net sales of the Engine Business totaled 216.7 billion yen, an increase of 19.6
billion yen, or 10%, attributable primarily to an increase in sales of KD diesel engines.Net sales of the
Car Air-Conditioning Compressor Business totaled 228.1 billion yen, an increase of 21.6 billion yen, or10%, resulting from worldwide sales increase.Net sales of the Car Electronics, Foundry Parts andOthers Business totaled 57.0 billion yen, an increase of 12.0 billion yen, or 27%. This is attributableprimarily to an increase in sales of automobile-related electronic devices for the PRIUS and AQUA.
Unit sales of the Materials Handling Equipment Segment overall were on par with fiscal 2012. Thiswas because strong sales in the Japanese and North American markets were offset by stagnant sales in
European, Chinese and certain emerging markets. Amid this operating climate, Toyota Industries
strengthened production and sales structures and rolled out new products matched to respective
markets. Although sales of lift trucks, a mainstay product of this segment, remained on par with fiscal
2012 in overseas markets, these activities led to an increase in domestic sales, resulting in an increasein net sales of the Materials Handling Equipment Segment of 25.7 billion yen, or 5%, to 596.4 billion yen.
In March 2013, Toyota Industries welcomed Cascade Corporation, which engages in manufacture andsales of lift truck attachments, as its subsidiary for the purpose of expanding its business area torespond a variety of customer needs.
Net sales of the Logistics Segment amounted to 93.0 billion yen, which was on par with fiscal 2012.
Despite an increase in sales of the cargo transport business of automotive-related parts, net sales
decreased due to a decline in sales of the commissioned logistics business as a result of the sale ofshares of a subsidiary, Mail & e Business Logistics Service Co., Ltd., in May 2011 and its subsequentexclusion from consolidation.
Net sales of the Textile Machinery Segment totaled 39.9 billion yen, an increase of 1.4 billion yen, or
4%. This is attributable to the inclusion of Uster Technologies AG as a subsidiary in February 2012
despite decreases in sales of spinning machinery and weaving machinery, mainstay products of thissegment, in stagnant market.
Net sales of the Others Segment totaled 27.2 billion yen, a decrease of 10.7 billion yen, or 28%, due
mainly to the liquidation of TIBC Corporation.

- 2-

In terms of overall profit, despite an increase in research and development expenses and labor costs,
Toyota Industries recorded an increase in sales while promoting cost reduction efforts throughout the
Toyota Industries Group. As a result, Toyota Industries posted consolidated operating income of 77.0
billion yen, an increase of 7.0 billion yen, or 10%, from the previous fiscal year and ordinary income of
86.8 billion yen, an increase of 6.0 billion yen, or 7%. Net income totaled 53.1 billion yen, a decrease of
5.4 billion yen, or 9%, from the previous fiscal year, which was attributable to an extraordinary loss of 6.7
billion yen recorded as a result of a loss on liquidation of TIBC Corporation.
In fiscal 2014, ending March 31, 2014, despite a projected recovery in the global economy theoperating environment is expected to remain severe as it is anticipated that the Japanese economy willtake more time to emerge from a deflationary trend. Other factors contributing to uncertainties include
the prolonged European debt crisis; the risk of a downward economic trend in the United States due tofiscal tightening; fluctuations in raw material prices; and concerns about exchange rate fluctuations.
Toyota Industries forecasts consolidated net sales of 1,900.0 billion yen, operating income of 95.0
billion yen, ordinary income of 107.0 billion yen and net income of 65.0 billion yen. By segment, we
forecast net sales of 965.0 billion yen in the Automobile Segment and 770.0 billion yen in the Materials
Handling Equipment Segment. Our projections are based on exchange rates of ¥95 = US$1 and ¥125 =€1 for fiscal 2014.

(2) Analysis on Consolidated Financial Condition
Total assets increased 586.8 billion yen from the end of the previous fiscal year to 3,243.7 billion yen
due mainly to an increase in market value of investment securities. Liabilities amounted to 1,718.8 billion
yen, an increase of 259.7 billion yen from the end of the previous fiscal year due mainly to an increase indeferred tax liabilities. Net assets amounted to 1,524.9 billion yen, an increase of 327.1 billion yen fromthe end of the previous fiscal year.
Cash flows from operating activities increased by 151.2 billion yen in fiscal 2013, due mainly toposting income before income taxes of 80.1 billion yen. Net cash provided by operating activities
increased by 49.5 billion yen compared with an increase of 101.7 billion yen in fiscal 2012. Cash flows
from investing activities resulted in a decrease in cash of 274.2 billion yen in fiscal 2013, attributableprimarily to an increase in payments for purchases of property, plant and equipment amounting to 112.4
billion yen. Net cash used in investing activities increased by 264.8 billion yen compared with a decreaseof 9.4 billion yen in fiscal 2012. Cash flows from financing activities resulted in an increase in cash of 7.0
billion yen in fiscal 2013, due mainly to 51.7 billion yen of net increase in short-term loans payable,
despite the redemption of bonds payable of 54.1 billion yen. After adding translation adjustments andcash and cash equivalents at beginning of period, cash and cash equivalents as of March 31, 2013
stood at 179.3 billion yen, a decrease of 117.5 billion yen, or 40%, over fiscal 2012.

(3) Cash Dividends for FY2013
Toyota Industries paid an interim cash dividend of 25.0 yen per common share in November 2012.
Toyota Industries plans to pay a year-end cash dividend of 30.0 yen per common share, with total cash
dividends for fiscal 2013 amounting to 55.0 yen per common share.

- 3-

2. Management Policy(1) Basic Management Policy
The basic management policies of Toyota Industries are upheld as its basic corporate philosophy. We
believe putting the following stated beliefs into viable sincere actions by all employees will lead to greater
corporate value.
① Toyota Industries is determined to comply with the letter and the spirit of the law, in Japan andoverseas, and to be fair and transparent in all its dealings.
② Toyota Industries is respectful of the people, culture and traditions of each country and region inwhich it operates. It also works to promote economic growth and prosperity in those countries andregions.
③ Toyota Industries believes that economic growth and conservation of the natural environment arecompatible. It strives to offer products and services that are clean, safe and have high quality.
④ Toyota Industries conducts intensive product research and forward-looking development activities
to create new value for its customers.
⑤ Toyota Industries nurtures the inventiveness and other abilities of its employees.
It seeks to create a climate of cooperation, so that both employees and the Company can realize
their full potential.

(2) Basic Policy on the Distribution of Profits
Toyota Industries regards the benefits of shareholders as one of its most important management
policies. Based on this stance, we will strive to strengthen Toyota Industries’ corporate constitution,
promote proactive business development and raise its corporate value.
Toyota Industries’ dividend policy is to meet the expectations of shareholders for continuous
dividends while giving full consideration to business performance, funding requirements, the dividend
payout ratio and other factors.
Toyota Industries will use retained earnings to improve the competitiveness of its products, augment
production capacity in Japan and overseas, as well as to expand into new fields of business andstrengthen its corporate constitution in securing future profits for its shareholders.

- 4-(3) Medium- to Long-Term Management Strategies
Toyota Industries will continue to undertake concerted efforts to strengthen its management platform
and raise corporate value.
As immediate tasks, we will promote business and cost structure reforms to realize a solidmanagement platform so that we can respond quickly to the changing market circumstances. Specifically,
we will maintain a streamlined structure through the reduction of fixed costs and enhance our businessin established markets in developed countries. In addition, we will accelerate our business expansion
into rapidly growing emerging countries by thoroughly and meticulously monitoring market conditions in
respective regions and introducing products suited to the characteristics and needs of each market.
Toyota Industries will also strive to establish production and supply structures to realize optimum productpricing and delivery, and to enhance the value chain to provide a wide range of customer services ineach country and region.
Based on the concept of quality first, Toyota Industries regards giving considerations to theenvironment and safety as well as increasing our global competitiveness to be important issues to tackle
over the medium to long term.
We aim to support industries and social infrastructures around the world by continuously supplying
products and services that anticipate customers’ needs in order to contribute to engendering acompassionate society and enriching the lives of people around the world.
As Toyota Industries announced in the Vision 2020, in October 2011, we will pursue the developmentof environmentally conscious, energy-saving products based on the keywords of the 3Es, which Toyota
Industries defines as “energy,” “environmental protection” and “ecological thinking,” while incorporating
functions and services demanded by customers (value chain) and delivering them to the global market.
Acting on these measures, we aim for growth in three business units, namely, “solutions” in the areas ofmaterials handing equipment, logistics and textile machinery; “key components” in the fields of car
air-conditioning compressors and car electronics; and “mobility” in the domains of vehicles and engines.
With regards to the Medium-Term Management Plan, we have formulated a specific activity plan foreach business unit until fiscal 2016. The entire Toyota Industries Group will make a concerted effort torealize the Vision 2020.
To support such consolidated management on a global scale, Toyota Industries will enhance thepower of the workplace and diversity in the use of human resources, and strive to nurture global humanresources.
In addition to placing top priority on safety, we will thoroughly enforce compliance, including
observance of laws and regulations, and actively participate in social contribution activities. Throughthese and further measures, Toyota Industries aims to meet the trust of society, raise corporate value
and grow in harmony with society.

- 5-

3. Consolidated Financial Statements(1) Consolidated Balance Sheets(Million yen)
FY2012(As of March 31, 2012)

FY2013(As of March 31, 2013)

AssetsCurrent assets:
Cash and deposits

223,854

230,348

Cash deposits for cash collection and deposit services

50,85649,981

Trade notes and accounts receivable

195,391

215,799

Lease investment assets
Short-term investments

36,57092,24941,96433,047

Merchandise and finished goods

48,183

66,670Work in process
Raw materials and supplies

33,72734,53635,08840,762

Deferred tax assets

20,36823,836

Other current assets
Allowance for doubtful accounts

36,358(2,740)46,222(3,204)

Total current assets
Fixed assets:
Property, plant and equipment

769,356

780,517

Buildings and structures
Accumulated depreciation

354,136(212,723)

365,308(226,436)

Buildings and structures, net
Machinery, equipment and vehicles

141,412790,804

138,871864,534(610,658)
180,146(646,319)
218,214

Tools, furniture and fixtures
Accumulated depreciation

116,495(92,047)

135,525(105,024)

Tools, furniture and fixtures, net
LandConstruction in progress

24,448
116,526
18,51930,500118,244
43,982

Total 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
Other investments and other assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets

481,053

549,814

68,82437,952
106,777

122,003
46,045
168,049

1,177,591
10,75876,56635,034(152)
1,299,798
1,887,628
2,656,984

1,598,437
12,304
93,572
41,231(148)
1,745,398
2,463,262
3,243,779

Accumulated depreciation
Machinery, equipment and vehicles, net- 6-

(Million yen)
FY2012(As of March 31, 2012)

FY2013(As of March 31, 2013)

Trade notes and accounts payable

168,465

180,146

Short-term loans payable

110,212

183,920

Commercial papers

12,89730,224Current portion of bonds

54,105

4,499

Lease obligations

37,61944,851

Accounts payable-other

18,16917,623

Accrued income taxes

12,51015,958Deferred tax liabilities

3

2,923

525

570

Other current obligations

165,018

178,378

Total current liabilities

579,527

659,095

Bonds payable

187,238

213,584

Long-term loans payable

249,183

236,318

Lease obligations

85,754

101,883

Deferred tax liabilities

297,304

440,356

Allowance for retirement benefits

48,973

52,779Other long-term liabilities

11,16014,829Total long-term liabilities

879,615

1,059,750

1,459,142

1,718,846

Capital stock

80,46280,462

Capital surplus

106,128

105,898

Retained earnings

455,042

492,578

Treasury stock(50,266)(48,405)

Total shareholders' equity

591,367

630,534

565,007830,054

(131)

(237)

Foreign currency translation adjustment(14,763)

13,163

Total accumulated other comprehensive income

550,112842,980

Subscription rights to shares

2,310

1,478

Minority interests

54,05149,939Total net assets

1,197,841

1,524,933

2,656,984

3,243,779

Liabilities
Current liabilities:

Allowance for bonuses to directors and corporare auditors

Long-term liabilities:

Total liabilities
Net assets
Shareholders' equity:

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

Total liabilities and net assets- 7-

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(Million yen)
FY2012(April 1,2011 March 31, 2012)

FY2013(April 1,2012 March 31, 2013)

Net sales

1,543,352

1,615,244

Cost of sales

1,301,617

1,347,238

Gross profit

241,734

268,006

Sales commissions

10,003

12,240

Salaries and allowances

68,17674,452Retirement benefit expenses

1,977

1,739

Depreciation

5,951

8,076

Research and development expenses

25,34832,203

Other

60,18462,196

Total selling, general and administrative expenses

171,641

190,908

70,092

77,098Interest income

9,070

9,071

Dividends income

17,93321,084Gain on sales of marketable securities
Equity in net earnings of affiliated companies
Other non-operating income

1,159
6,545

784
825
5,277

Total non-operating income

34,70937,043

Interest expenses

16,046

14,508Loss on disposal of fixed assets

1,035

1,006

490

-

Other non-operating expenses

6,363

11,789Total non-operating expenses

23,93627,304

Ordinary income

80,86686,836Extraordinary income:Gain on step acquisitions
Total extraordinary income

4,599
4,599

-

-

6,710
6,710

Selling, general and administrative expenses:

Operating income
Non-operating income:Non-operating expenses:

Equity in net losses of affiliated companies

Extraordinary losses:
Loss on liquidation of subsidiaries and affiliates
Total extraordinary losses
Income before income taxes andminority interests
Income taxes-current

85,46580,12623,382

27,345

Income taxes-deferred

1,311

(493)

Total income taxes

24,693

26,851

Income before minority interests

60,771

53,275

Minority interests in income

2,177

155

Net income

58,594

53,119- 8-

Consolidated Statements of Comprehensive Income(Million yen)

Income before minority interests

FY2012(April 1,2011 March 31, 2012)

FY2013(April 1,2012 March 31, 2013)

60,771

53,27576,752

265,277

(177)

(106)

(6,820)30,444(216)

392

69,537

296,008

130,308349,283

128,457

345,988

1,850

3,295

Other comprehensive income:
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive Income:Comprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests- 9-(3) Consolidated Statements of Changes in Total net assets

Shareholders' equity
Capital stock
Balance at the end of previous period
Balance at the end of current period
Capital surplus
Balance at the end of previous period
Changes of items during the period
Disposal of treasury stock
Total changes of items during the period
Balance at the end of current period
Retained earnings
Balance at the end of previous period
Changes of items during the period
Dividends from surplus
Net income
Total changes of items during the period
Balance at the end of current period
Treasury stock
Balance at the end of previous period
Changes of items during the period
Repurchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance at the end of current period
Total shareholders' equity
Balance at the end of previous period
Changes of items during the period
Dividends from surplus
Net income
Repurchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance at the end of current period
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period- 10 -FY2012(April 1, 2011 March 31, 2012)(Million yen)
FY2013(April 1, 2012 March 31, 2013)

80,46280,46280,46280,462

106,179

106,128(50)(50)
106,128

(230)
(230)
105,898

412,029455,042(15,581)
58,59443,013455,042(15,584)
53,11937,535492,578(50,703)(50,266)

(5)
441
436
(50,266)

(109)
1,971
1,861
(48,405)

547,968

591,367(15,581)
58,594(5)391
43,399591,367(15,584)
53,119(109)
1,741
39,166
630,534

488,277

565,00776,72976,729565,007265,047
265,047
830,054

(Million yen)

Deferred gains or losses on hedges
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Foreign currency translation adjustment
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Total accumulated other comprehensive income
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Subscription rights to shares
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Minority interests
Balance at the end of previous period
Changes of items during the period
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period
Total net assets
Balance at the end of previous period
Changes of items during the period
Dividends from surplus
Net income
Repurchase of treasury stock
Disposal of treasury stock
Net changes of items other than shareholders' equity
Total changes of items during the period
Balance at the end of current period- 11 -FY2012(April 1, 2011 March 31, 2012)

FY2013(April 1, 2012 March 31, 2013)

46

(131)

(177)
(177)
(131)

(106)
(106)
(237)

(8,075)(14,763)(6,688)(6,688)(14,763)

27,92727,927
13,163

480,248

550,11269,86369,863550,112292,868
292,868
842,980

2,132

2,310

178
178
2,310

(832)
(832)
1,478

45,58954,051

8,461
8,461
54,051(4,111)(4,111)49,939

1,075,939

1,197,841(15,581)
58,594(5)391
78,503
121,902
1,197,841(15,584)
53,119(109)
1,741
287,924
327,091
1,524,933

(4) Consolidated Statements of Cash Flows(Million yen)

Cash flows from operating activities:
Income before income taxes and minority interests
in consolidated subsidiaries
Depreciation and amortization
Impairment loss
Increase (decrease) in allowance for doubtful accounts
Interest and dividends income
Interest expenses
Equity in net (earnings) losses of affiliates(Increase) decrease in receivables(Increase) decrease in inventories
Increase (decrease) in payables
Others, net
SubtotalInterest and dividends received
Interest expenses paid
Income taxes (paid) refund
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 for sales of subsidiaries' stock
resulting in change in scope of consolidation
Proceeds from sales of subsidiaries' stock
resulting in change in scope of consolidation
Payments for loans madeProceeds from collections of loans
Net (increase) decrease in fixed deposit
Others, net
Net cash used in investing activities
Cash flows from financing activities:
Increase (decrease) in short-term loans payable
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of bonds
Repayments of bonds
Payments for repurchase of treasury stocks
Cash dividends paid
Cash dividends paid to minority shareholders
Proceeds from payment by minority shareholders
Others, net
Net cash provided by (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 -FY2012(April 1,2011 March 31, 2012)

FY2013(April 1,2012 March 31, 2013)

85,46580,12687,368(159)(27,004)
16,046490(47,043)(13,897)
25,307(5,357)
121,216
26,992(15,940)(30,549)
101,718

90,7564,516
26(30,156)
14,508(825)(475)(6,041)
2,929
4,981
160,346
30,181(14,688)(24,540)
151,299(76,638)
8,408(1,924)
1,720(112,430)
8,137(14,679)
987(5,568)(68,503)

-

(505)

1,228

-

(27)
374
70,161(7,137)(9,403)(13)
275(64,435)(23,043)(274,210)

27,63650,482(49,342)
35,604(30,761)(5)(15,581)
(478)
1,220
(8,495)
10,279(1,348)101,244
195,566
296,81151,78645,425(49,382)
30,000(54,125)(109)(15,584)
(435)
1,899
(2,423)7,050(1,591)(117,451)
296,811
179,359(5) Note on premise of going concern : No
(6) Basis of Presenting Consolidated Financial Statements(6) (Matters concerning the scope of Consolidation)(7)

Consolidated subsidiaries : 217(Addition 49 companies)
Toyota Material Handling Northeast, Inc.
Nishina Industries Vietnam Co., Ltd.
Toyota Material Handling Ohio, Inc.
Toyota Industries Electric Systems North America, Inc.
Cascade Corporation Group (31 companies)
Toyota Material Handling Europe Group (9 companies)
Southern States Material Handling, Inc. Group (3 companies)
Industrial Components and Attachments, Inc. Group (2 companies)(Removal 8 companies)
TIBC Corporation
Uster Technologies de Mexico S.A. de C.V.
Industrial Components and Attachments II, Inc.
Toyota Material Handling Europe Group (5 companies)(6) (Matters concerning the application of equity method)(7) Equity-method affiliates : 12
(Removal 3 companies)
Toyota Material Handling Europe Group (3 companies)(7) Changes in accounting policies, accounting estimates and restatement(6) (Changes in accounting policies which are difficult to distinguish from changes in accounting estimates)
Effective from April 1, 2012, Toyota Industries Corporation and its domestic group companies changed the depreciation method
for property,plant and equipment that were acquired on and after April 1, 2012 in accordance with the revised Corporate Tax
Law of Japan.

- 13 -

(8) Segment Information
1. Business segment information(1) FY2012 (April 1,2011 - March 31, 2012)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

803,176

570,741

92,97338,541

37,919

1,543,352-

1,543,352(2) Inter-segment transactions

23,747

445

9,413

54

12,575

46,236(46,236)-

Total

826,924

571,187

102,387

38,59650,495

1,589,589(46,236)

1,543,352

Segment Income

21,23938,241

4,632

2,049

3,639

69,802

290

70,092

Segment Assets

334,825

538,049

177,756

47,97979,667

1,178,279

1,478,705

2,656,984(1) Depreciation and amortization

41,49931,123

6,914

813

1,655

82,006-82,006(2) Increase in Fixed Assets andIntangible Assets

38,90953,131

6,180

471

2,518

101,211-

101,211

Logistics

Textilemachinery

OthersTotal

Eliminations Consolidated

Net sales

Others(Notes) 1. Main products of each segment:
Automobile.........................…..

Vehicles, diesel and gasoline engines, car air-conditioning compressors
electronics components, foundry parts
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems, aerial work platforms
Logistics………………………… Land transportation services, cash collection and delivery and cash proceeds management services,
data storage, management, collection and delivery services
Textile machinery……………… Weaving machinery, spinning machinery
Others…………………………... Semiconductor package substrates(Notes) 2. Segment income of 290 million yen is inter-segment elimination.
Assets included in the "Eliminations"of "Segment Assets" are mainly cash and deposits, marketable securities and investments
in securities of Toyota Industries Corporation.
(Notes) 3. Segment income is adjusted to operating income of Consolidated Statements of Income.

(2) FY2013 (April 1,2012 - March 31, 2013)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

858,671596,449

93,01839,903

27,202

1,615,244-

1,615,244(2) Inter-segment transactions

21,842

566

8,653

181

12,26543,510(43,510)-

Total

880,514597,015

101,672

40,08539,467

1,658,755(43,510)

1,615,244

Segment Income

29,411

38,746

4,834

586

3,350

76,928

169

77,098Segment Assets

368,329

714,958

180,465

57,224

98,636

1,419,613

1,824,166

3,243,779(1) Depreciation and amortization

39,174

34,050

7,553

2,239

981

83,999-83,999(2) Increase in Fixed Assets andIntangible Assets

65,92756,462

10,636711

785

134,522-

134,522

Logistics

Textilemachinery

OthersTotal

Eliminations Consolidated

Net sales

Others(Notes) 1. Main products of each segment:
Automobile.........................…..

Vehicles, diesel and gasoline engines, car air-conditioning compressors
electronics components, foundry parts
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems, aerial work platforms
Logistics………………………… Land transportation services, cash collection and delivery and cash proceeds management services,
data storage, management, collection and delivery services
Textile machinery……………… Weaving machinery, spinning machinery, instruments for yarn testing and cotton classing"Others" is business segment not included in reportable segments and contains semiconductor package substrates.
(Notes) 2. Segment income of 169 million yen is inter-segment elimination.
Assets included in the "Eliminations"of "Segment Assets" are mainly cash and deposits, marketable securities and investments
in securities of Toyota Industries Corporation.
(Notes) 3. Segment income is adjusted to operating income of Consolidated Statements of Income.

- 14 -

(9) Earnings per share
FY2012(April 1,2011 March 31, 2012)
Net assets per share (exact yen amounts)
Net loss per share-basic (exact yen amounts)

FY2013(April 1,2012 March 31, 2013)
3,662.26

Net assets per share (exact yen amounts)

188.02

Amounts for net income per share-diluted are notshown due to no residual securities.

4,719.66

Net income per share-basic (exact yen amounts)

170.36

Net income per share-diluted (exact yen amounts)

170.35(Notes) 1. The basis of calculation for net income per share and net income per share-diluted is as follows:(Million yen)
FY2013(April 1,2012 March 31, 2013)

FY2012(April 1,2011 March 31, 2012)
1 Net income per share- basic
Net income
Net income not attributable to common shareholders
Net income attributable to common shareholders
Weighted-average shares(thousand)
2 Net income per share-diluted
Increase in common shares outstanding(thousand)
Subscription rights to shares

58,59458,594
311,646

53,11953,119311,810-88(Notes) 2. The basis of calculation for net assets per share is as follows:

FY2012(April 1,2011 March 31, 2012)
Total net assets(Million yen)
FY2013(April 1,2012 March 31, 2013)

1,197,841

1,524,933

Amounts deducted from total net assets

56,361

51,417

Subscription rights to shares

2,310

1,478

Minority interests in consolidated subsidiaries
Net assets applicable to commons stock at end of year
Outstanding shares of common stock at end of year
used for the computation of net assets per share(thousand)(10) Subsequent event
None- 15 -

54,05149,9391,141,480

1,473,515

311,687

312,207