Major Developments in Toyota Industries’ History
1920s

1940

1960

Toyoda Automatic Loom Works, Ltd.
(now Toyota Industries Corporation)
established to manufacture andmarket automatic looms invented bySakichi Toyoda.

Steel Production Division separates
and becomes Toyoda Steel Works, Ltd.
(now Aichi Steel Corporation).

Shovel loader production starts.

1944

Sakichi Toyoda

Obu Plant starts operations,producing castings.

Toyoda Automatic Loom Type G
invented by Sakichi Toyoda.

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Car air-conditioning compressor(CC3A type, CC3B type) productionstarts.

1963
Dump truck production starts.
Friction welder production starts.

1929

1949

1964

Spinning frame production starts.

Company stock listed on Tokyo, Osakaand Nagoya Stock Exchanges.

J-type diesel engine production starts.

Automatic loom patent sold to PlattBrothers & Co., Ltd. of the U.K.

1930s
1933
Automobile Division set up.

1950s
1952
Automobile engine (S-type gasolineengine) production starts.

1967

1934
A-type automobile engine completed.

Nagakusa Plant starts operations,producing small commercial vehicles.

1935

Publica (van) and Mini Ace(automobile) production starts.

Prototype of Model A1 passenger carcompleted.

1953
Kyowa Plant starts operations,producing engines and assembling
automobiles.

1955
Company unveils Model G1 truck at a
new-car-release exhibition in Shibaura,Tokyo.

1924

1960s

1926

Founder

Sakichi Toyoda was born inShizuoka Prefecture, Japan, in
1867. He became an inventor
while still in his teens anddevoted his life to the study
and development of textile
machinery. Starting with awooden handloom, he
subsequently pioneered a
new era in textile machinerywith inventions that included
Japan’s first power loom, thecircular loom and the Toyoda
Automatic Loom Type G.
Sakichi was awarded 84
patents and 35 utility models
in his lifetime and isremembered with pride inJapan as one of the world’s
greatest inventors. We atToyota Industries are proud tocarry on the engineering spiritof our illustrious founder.

1940s

Vehicle Division set up.

1968

1956

Open-end spinning machine
production starts.

Forklift truck production starts.

1959
1937
Automobile Division separates andbecomes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).

TOYOTA INDUSTRIES CORPORATIONANNUAL REPORT 2003

Publica (van)Electric counterbalanced forklift truck
production starts.

P-type gasoline engine productionstarts.

1970s1985

1995

1970

Engine Division separates fromVehicle Division.

Takahama Plant starts operations,producing industrial vehicles.

10PA-type compressor productionstarts.

Toyota Industrial Equipment, S.A.
(“TIESA”) established in France as a
joint venture with Toyota Motor
Corporation and Manitou B.F.

1971

1986

7SB-type compressor production
starts.

Corolla (van) production starts.

Company awarded the Deming Prize
for quality control implementation.

B500 electric counterbalanced forklift
truck production starts.

X300 series forklift truck production
starts.

Kirloskar Toyoda Textile Machinery
Ltd. (“KTTM”) established in India as ajoint venture with the Kirloskar Group.

Divisional organization system
introduced (3 divisions: Textile
Machinery, Industrial Vehicle, andVehicle).
Toyoda-Sulzer Manufacturing Ltd.
established as a joint venture withSulzer Brothers, Ltd. of Switzerland toproduce projectile looms.

1987
Sprinter Cielo (exported as the Corolla
Lift Back) production starts.
Electronics Sub-Division set up.

1974
6P-type compressor production starts.

1977
Swash plate compressor technology
licensed to Chrysler and Ford.
Compressor Division separates fromTextile Machinery Division.

1978
Starlet (automobile) production starts.

1988
Toyota Industrial Equipment Mfg., Inc.
(“TIEM”) established in Columbus,
Indiana, U.S., as a joint venture with
Toyota Motor Corporation.
RX100 ring spinning frame
production starts.

1989
Michigan Automotive Compressor, Inc.
(“MACI”) established in Jackson,
Michigan, U.S., as a joint venture with
DENSO Corporation.

1990s
Aerial lift equipment production starts.

1980s
1980
JA-type air-jet loom production starts.

1981
10P-type compressor production starts.

1990
Sprinter Carib (automobile; exportedas the Corolla Wagon) productionstarts.

2000s
2000
LW600 series water-jet loomproduction starts.
Company acquires BT Industries AB ofSweden, a world-leading
manufacturer of warehouse trucks.
2UZ-type gasoline engine productionstarts.
Higashichita Plant starts operations,producing foundry parts.

1996

2001

JAT610 air-jet loom production starts.

GENEO-R (7FBR outside Japan) reachtruck production starts.

RX240 ring spinning frame
production starts.

1997

Company takes over the Industrial
Equipment Sales Division of Toyota
Motor Corporation.

Compressor production at Kariya
Plant reaches 100 million units.

TOYOTA Material Handling Company
established as an in-house company.

6SE-type compressor productionstarts.

RAV4 (SUV) production starts.

ST Liquid Crystal Display Corp.
(“ST-LCD”) established as a joint
venture with Sony Corporation.

1998
TD Deutsche Klimakompressor GmbH(“TDDK”) established in Germany as ajoint venture with DENSO Corporation to produce car air-conditioningcompressors.
GENEO (7FG/D outside Japan) internal
combustion counterbalanced forklift
trucks introduced.

Company receives 1990 PM Excellent
Plant Award.

Name changed to Toyota Industries
Corporation.

2002
Advanced Logistics Solutions Co., Ltd.
(“ALSO”) established to plan overalllogistics operations and operate
distribution centers.
Higashiura Plant starts operations,producing parts for car
air-conditioning compressors.
Toyota Motor Industries Poland
Sp.zo.o. (”TMIP”) established in Poland
as a joint venture with Toyota Motor
Corporation in order to produce
diesel engines.

2003
1992

Corolla Sedan production starts.

Materials Handling System Division
set up.

JAT710 air-jet loom production starts.

Production starts on automatedstorage and retrieval systems.

TIBC Corporation (“TIBC”) established
as a joint venture with Ibiden Co., Ltd.
to produce plastic package substrates.

JAT600 air-jet loom production starts.

10S-type compressor production starts.

1993

1999

RX200 ring spinning frame productionstarts.

Vitz (Yaris in Europe) production starts.

GENEO-E (7FBE outside Japan) threewheel electric counterbalanced
forklift truck production starts.

1994
X500 series internal combustion
counterbalanced forklift truck
production starts.

1982
Production starts on C-type diesel
engines for small passenger cars.
Hekinan Plant starts operations,producing automobile diesel engines.

Toyota Industry (Kunshan) Co., Ltd.
(“TIK”) established in China as a joint
venture with Toyota Tsusho
Corporation and Lioho MachineWorks, Ltd.
R500 reach truck production starts.

Company takes over water-jet loom
business from Nissan Texsys Co., Ltd.
1CD-type diesel engine productionstarts.
GENEO-B (7FB outside Japan) electriccounterbalanced forklift trucks
introduced.

Company acquires Aichi Corporation,a manufacturer of special-purposevehicles.

TOYOTA INDUSTRIES CORPORATIONANNUAL REPORT 2003

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