FINANCIAL SUMMARYFY2012(April 1, 2011 through March 31, 2012)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 27, 2012

FY2012 Consolidated Financial Results
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: Toshifumi Ogawa, Senior Managing Officer, General Manager of Accounting Department (Tel. +81-(0)566-22-2511
The expected date of the Ordinary General Meeting of Shareholders: June 14, 2012
The expected date of dividend payment: June 15, 2012
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2012 (April 1, 2011 - March 31, 2012）(1) Consolidated Financial Results(% : change from the previous year)

Operating income

Net sales%

Million yen

Ordinary income%

Million yen

Net income%

Million yen%

Million yen

FY2012

1,543,352

4.3

70,092

1.9

80,866

9.4

58,59424.1

FY2011

1,479,839

7.4

68,798212.7

73,911132.7

47,205-(Note) Comprehensive income(loss): FY2012 ― 130,308 million yen, FY2011 ― ( 13,396) million yen

Net income
per share―basic

Net income
per share―diluted

Return on equity

Yen

Yen

%

Ordinary incomeon assets%

Operating incomeon sales%

FY20120188.02)

-

5.4

3.1

4.5

FY20110151.51)

-

4.5

2.9

4.6

(Notes) Equity in net income of affiliates: FY2012 ― (490) million yen, FY2011 ― (473) million yen(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio

Net assets per share%

Million yen

Yen

FY20122,656,984

1,197,841

43.0

3,662.26

FY20112,481,452

1,075,939

41.4

3,300.17(Note) Shareholders' equity: FY2012 ― 1,141,480 million yen, FY2011 ― 1,028,217 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 of year

Million yen

Million yen

FY2012

101,71800(9,403)

010,279

296,811

FY2011

153,661(187,574)

0(85,728)

195,566

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%

FY2011

-

25.00

-

25.00

50.00

15,57833.0

1.5

FY2012

-

25.00

-

25.00

50.00

15,58426.6

1.4

FY2013(Forecast)

-

25.00

-

30.00

55.00

29.1

(Note) Forecast of cash dividends per share for fiscal 2011 has not been decided yet.
3. Forecasts of Consolidated Financial Results for FY2013 (April 1, 2012 - March 31, 2013)(% : change from the same period of previous year)

Net sales

Operating income%

Ordinary income

Million yen%

Million yen

FY2013 Second
quarter(accm)

810,000

12.1

40,00036.9

46,000FY2013

1,650,000

06.9

85,00021.3

93,000Million yen%

Net income
per share―basic

Net income
Million yen

%

25.1

30,00015.7

096.2515.0

59,00000.7

189.29Yen* Others(1) Changes in major subsidiaries (specified subsidiaries that changed company's consolidationin this quarter) : No
(2) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies with revision of accounting standards : No
② Changes other than ① : No
③ Changes in accounting estimates : No
④ Restatement : No
(3) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2012 －325,840,640 shares, FY2011 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2012 －14,153,619 shares, FY2011 －14,275,721 shares③ Average number of shares outstanding for each period:
FY2012 －311,646,495 shares, FY2011 －311,568,162 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 ¥80 = US$1 and ¥105 = €1 for the remainderof the fiscal year.
・ Please see page 2 on attached documents for details on performance forecasts in "Qualitative
information regarding forecast for FY2013".

(Attached Documents)

Contents

1.Qualitative Information and Financial Statements(1) Qualitative information regarding consolidated business results(2) Analysis on Consolidated Financial Condition(3) Cash Dividends for FY2012
2.Management Policy(1) Basic Management Policy(2) Basic Policy on the Distribution of Profits(3) Medium-to Long-Term Management Strategies
3. Consolidated Financial Statements(1) Consolidated Balance Sheets(2) Consolidated Statements of Income andConsolidated Statements of Comprehensive Income(3) Consolidated Statement of Changes in Total net assets(4) Consolidated Statements of Cash Flows(5) Note on premise of going concern(6) Basis of Presenting Consolidated Financial Statements(7) Segment Information(8) Earnings per share(9) Subsequent event(10) Additional Information

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3
3
4
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5
6
6
8
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13
13
14
15
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1. Qualitative Information and Financial Statements(1) Qualitative information regarding consolidated business results
In fiscal 2012 (ended March 31, 2012), the global economy began to recover gradually, as certain
Asian countries, especially China, witnessed an economic recovery and the U.S. appear to havebottomed out. Despite the aftermath of effects of the Great East Japan Earthquake and the sharp
appreciation of the yen, the Japanese economy also showed signs of an upturn due to such factors as
the stabilization of personnel consumption and private sector capital investment. In this operating
environment, Toyota Industries Corporation and its Group companies (“Toyota Industries”) undertook
efforts to strengthen its management platform by ensuring customer trust through its dedication to quality
as well as responding quickly and flexibly to the recovery trend and expansion of sales. In addition,
Toyota Industries strove to minimize the impact on production due to the earthquake in Japan and theflooding in Thailand by carrying out flexible shift operations.
As a result, total consolidated net sales amounted to 1,543.3 billion yen, an increase of 63.5 billion yen,or 4%, from fiscal 2011 (ended March 31, 2011). The following is a review of operations for the major
business segments.
The automobile industry showed a mild recovery due to an upturn in the U.S. market and the
expansion of the Asian market, in spite of a decline in sales in the Japanese market. Despite having
been forced to suspend production partially due to disruptions in parts supply arising from the aftermath
effects of the earthquake in Japan and the flooding in Thailand, Toyota Industries strove to maintain andrestore production activities. As a result, net sales of the Automobile Segment totaled 803.1 billion yen.
Within this segment, net sales of the Vehicle Business amounted to 354.4 billion yen, a decrease of 21.1
billion yen, or 6%, due mainly to a decline in sales of the RAV4 and Vitz (Yaris overseas).
Net sales of the Engine Business totaled 197.1 billion yen, attributable primarily to an increase insales of KD diesel engines and despite a decline in sales of AR gasoline engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 206.5 billion yen, an increase of
14.7 billion yen, or 8%, resulting from solid sales worldwide.
In the materials handling equipment industry, markets in emerging countries, Europe, the UnitedStates and Japan saw signs of recovery. Accordingly, Toyota Industries strengthened production andsales structures and rolled out new products matched to respective markets. As a result of an increase
worldwide in sales of lift trucks, a mainstay product of this segment, net sales of the Materials Handling
Equipment Segment totaled 570.7 billion yen, an increase of 80.1 billion yen, or 16%.
Net sales of the Logistics Segment amounted to 92.9 billion yen, a decrease 14.8 billion yen, or 14%,as a result of selling all shares of Mail & e Business Logistics Service Co., Ltd., a subsidiary engaged incommissioned logistics operations.
Net sales of the Textile Machinery Segment totaled 38.5 billion yen, a decrease of 4.2 billion yen, or10%. This was due mainly to a decrease in sales of air-jet looms in China. In February 2012, Toyota
Industries purchased the shares of Uster Technologies AG and made it into a subsidiary for the purposeof strengthening the business segment. In relation, Toyota Industries posted a gain on step acquisitions.
In terms of overall profit, despite an increase in labor costs and exchange rate fluctuations throughout
the year, Toyota Industries recorded an increase in sales of the Materials Handling Equipment Segment
while keeping to a minimum the impact arising from the earthquake. As a result, Toyota Industries posted
consolidated operating income of 70.0 billion yen, an increase of 1.3 billion yen, or 2%, from fiscal 2011;
ordinary income of 80.8 billion yen, an increase of 6.9 billion yen, or 9%, from fiscal 2011; and net
income of 58.5 billion yen, an increase of 11.3 billion yen, or 24%, from fiscal 2011. An extraordinary gainof 4.5 billion yen was recorded, arising from a gain on step acquisitions of Uster Technologies AG.

In fiscal 2013, ending March 31, 2013, although the global economy is projected to gradually recover,uncertainties remain with regards to credit contraction, further deterioration in the employment situationand fluctuations in raw material prices such as crude oil, as well as concerns about exchange rate
fluctuations. The operating environment in Japan is expected to remain severe.
Toyota Industries forecasts consolidated net sales of 1,650.0 billion yen, operating income of 85.0
billion yen, ordinary income of 93.0 billion yen and net income of 59.0 billion yen. By segment, we
forecast net sales of 870.0 billion yen in the Automobile Segment and 605.0 billion yen in the Materials
Handling Equipment Segment. Our projections are based on exchange rates of ¥80 = US$1 and ¥105 =€1 for fiscal 2013.

(2) Analysis on Consolidated Financial Condition
Total assets increased 175.5 billion yen from the end of the previous fiscal year to 2,656.9 billion yen
due mainly to an increase in market value of investment securities. Liabilities amounted to 1,459.1 billion
yen, an increase of 53.6 billion yen from the end of the previous fiscal year due mainly to an increase inborrowings. Net assets amounted to 1,197.8 billion yen, an increase of 121.9 billion yen from the end of
the previous fiscal year.
Cash flows from operating activities increased by 101.7 billion yen in fiscal 2012, due mainly toposting income before income taxes of 85.4 billion yen. Net cash provided by operating activities
decreased by 51.9 billion yen compared with an increase of 153.6 billion yen in fiscal 2011. Cash flows
from investing activities resulted in a decrease in cash of 9.4 billion yen in fiscal 2012, attributableprimarily to a decrease in payments for purchases of property, plant and equipment amounting to 76.6
billion yen, even though an increase in proceeds from collections of loans amounted to 70.1 billion yen.
Net cash used in investing activities decreased by 178.1 billion yen compared with a decrease of 187.5
billion yen in fiscal 2011. Cash flows from financing activities resulted in an increase in cash of 10.2
billion yen in fiscal 2012, due mainly to proceeds from long-term loans payable of 50.4 billion yen. Afteradding translation adjustments and cash and cash equivalents at beginning of period, cash and cash
equivalents as of March 31, 2012 stood at 296.8 billion yen, an increase of 101.3 billion yen, or 52%,
over fiscal 2011.

(3) Cash Dividends for FY2012
Toyota Industries paid an interim cash dividend of 25.0 yen per common share in November 2011.
Toyota Industries plans to pay a year-end cash dividend of 25.0 yen per common share, with total cash
dividends for fiscal 2012 amounting to 50.0 yen per common share.

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.

(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 also 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 quality first, Toyota Industries regards giving considerations to the environment and safety
as well as increasing our competitive strengths to be important issues to tackle over the medium to longterm. We will promote product development and advanced technology development to offer highvalue-added products that anticipate customer needs.
In October 2011, Toyota Industries formulated and announced the Vision 2020 and Medium-Term
Management Plan that articulate action items for the next 10 years. In the Vision 2020, we aim tosupport industries and social infrastructures around the world by continuously supplying products andservices that anticipate customers’ needs in order to contribute to engendering a compassionate society
and enriching the lives of people around the world.
To this end, we will pursue the development of 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 of materials handing equipment, logistics andtextile 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 four-year activity
plan for each business unit until fiscal 2016. The entire Toyota Industries Group will make a concerted
effort to realize the Vision 2020.
To support such consolidated management on a global scale, Toyota Industries will strive to nurture
people who take the initiative to learn, think and act and who will enhance the power of the workplace.
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.

3. Consolidated Financial Statements(1) Consolidated Balance Sheets(Million yen)
FY2011(As of March 31, 2011)

FY2012(As of March 31, 2012)

AssetsCurrent assets:
Cash and deposits

198,654274,710

Trade notes and accounts receivable

152,121

195,391

Lease investment assets

35,14636,570

Short-term investments
Merchandise and finished goods

132,430
42,94092,24948,183Work in process

31,25633,727

Raw materials and supplies
Deferred tax assets

30,065
18,49334,536
20,368Other current assets

32,64636,358

Allowance for doubtful accounts
Total current assets(2,863)670,893(2,740)769,356

Fixed assets:
Property, plant and equipment
Buildings and structures

367,931354,136

Accumulated depreciation
Buildings and structures, net(208,325)
159,606(212,723)
141,412

Machinery, equipment and vehicles
Accumulated depreciation

777,207(591,219)

790,804(610,658)

Machinery, equipment and vehicles, net
Tools, furniture and fixtures

185,988
111,907180,146
116,495

Accumulated depreciation
Tools, furniture and fixtures, net(88,272)
23,634(92,047)
24,448Land
Construction in progress
Total property, plant and equipment

119,697
8,350
497,278

116,526
18,519481,053

68,573
10,767
79,34068,82437,952
106,777

1,123,306
9,786
71,48029,539(173)
1,233,940
1,810,559
2,481,452

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

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

(Million yen)
FY2011(As of March 31, 2011)

FY2012(As of March 31, 2012)

Trade notes and accounts payable

144,956

168,465

Short-term loans payable

99,946110,212

Commercial papers

11,133

12,897

Current portion of bonds

30,82954,105

Lease obligations

37,87337,619Accounts payable-other

14,34918,169Accrued income taxes

18,32012,510

Deferred tax liabilities

737

3

Allowance for bonuses to directors and corporare auditors

521

525

Other current obligations

153,275

165,018

Total current liabilities

511,944579,527

Bonds payable

205,649

187,238

Long-term loans payable

236,602249,183

Lease obligations

82,81385,754

Deferred tax liabilities

309,256

297,304

Allowance for retirement benefits

46,924

48,973

Other long-term liabilities

12,321

11,160Total long-term liabilities

893,568

879,615

1,405,512

1,459,142

Capital stock

80,46280,462

Capital surplus

106,179

106,128

Retained earnings

412,029455,042

Treasury stock(50,703)(50,266)

Total shareholders' equity

547,968

591,367

488,277

565,00746(131)(8,075)(14,763)480,248

550,112

Subscription rights to shares

2,132

2,310

Minority interests

45,58954,051

Total net assets

1,075,939

1,197,841

2,481,452

2,656,984

Liabilities
Current liabilities:

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
Foreign currency translation adjustment
Total accumulated other comprehensive income

Total liabilities and net assets

(2) Consolidated Statements of Income and Consolidated Statements of Comprehensive Income
Consolidated Statements of Income(Million yen)
FY2011(April 1,2010 March 31, 2011)

FY2012(April 1,2011 March 31, 2012)

Net sales

1,479,839

1,543,352

Cost of sales

1,250,313

1,301,617

Gross profit

229,526

241,734

Sales commissions

8,913

10,003

Salaries and allowances

62,96968,176Retirement benefit expenses

2,020

1,977

Depreciation

6,332

5,951

Research and development expenses

21,72725,348

Other

58,76560,184

Total selling, general and administrative expenses

160,727

171,641

68,79870,092

Interest income

9,172

9,070

Dividends income

14,975

17,933488

1,159

Other non-operating income

7,407

6,545

Total non-operating income

32,04434,709Interest expenses

15,773

16,046

Loss on disposal of fixed assets

1,281

1,035

473

490

Other non-operating expenses

9,402

6,363

Total non-operating expenses

26,93023,93673,91180,866

-

4,599
4,599

4,631

-

4,631

-

Selling, general and administrative expenses:

Operating income
Non-operating income:Gain on sales of marketable securities

Non-operating expenses:

Equity in net losses of affiliated companies

Ordinary income
Extraordinary imcome:Gain on step acquisitions
Total extraordinary income
Extraordinary losses:
Losses on the Great East Japan Earthquake
Handling Equipment
Total extraordinary losses
Income before income taxes andminority interests
Income taxes-current

69,27985,46525,45623,382

Income taxes-deferred(5,234)

1,311

Total income taxes

20,221

24,693

Income before minority interests

49,05860,771

Minority interests in income

1,852

2,177

Net income

47,20558,594

Consolidated Statements of Comprehensive Income(Million yen)

Income before minority interests

FY2011(April 1,2010 March 31, 2011)

FY2012(April 1,2011 March 31, 2012)

49,05860,771(55,834)

76,75255(177)(6,375)(6,820)

(300)

(216)

(62,455)

69,537(13,396)130,308(14,174)

128,457

777

1,850

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

(3) Consolidated Statement 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
Increase (decrease) due to decrease in consolidated
subsidiaries
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
Increase (decrease) due to decrease in consolidated
subsidiaries
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

FY2011(April 1, 2010 March 31, 2011)(Million yen)
FY2012(April 1, 2011 March 31, 2012)

80,46280,46280,46280,462

106,179

106,179(0)(0)
106,179(50)(50)
106,128

378,648

412,029(14,020)(15,581)196-

47,20533,381
412,029

58,59443,013455,042(50,689)(50,703)

(15)
1
(13)
(50,703)

(5)
441
436
(50,266)

514,601

547,968(14,020)(15,581)196-

47,205(15)
033,367547,968

58,594(5)391
43,399591,367

544,068

488,277(55,790)(55,790)488,277

76,72976,729565,007

(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
Increase (decrease) due to decrease in consolidated
subsidiaries
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

FY2011(April 1, 2010 March 31, 2011)

FY2012(April 1, 2011 March 31, 2012)

(9)

46

55
55
46

(177)
(177)
(131)

(2,430)(8,075)(5,645)(5,645)(8,075)(6,688)(6,688)(14,763)541,628

480,248(61,380)(61,380)
480,248

69,86369,863550,112

1,720

2,132

411
411
2,132

178
178
2,310

46,97845,589(1,389)(1,389)45,5898,461
8,461
54,051

1,104,929

1,075,939(14,020)(15,581)196-

47,205(15)
0(62,357)(28,990)
1,075,939

58,594(5)391
78,503
121,902
1,197,841

(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
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
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

FY2011(April 1,2010 March 31, 2011)

FY2012(April 1,2011 March 31, 2012)

69,27985,46589,576(195)(24,148)
15,773473
11,650(16,953)
3,440
19,228168,125
24,173(15,882)(22,755)
153,661

87,368(159)(27,004)
16,046490(47,043)(13,897)
25,307(5,357)
121,216
26,992(15,940)(30,549)
101,718(48,085)
7,645(56,000)
2,963(76,638)
8,408(1,924)
1,720

(25)

(5,568)

41

1,228

(30)
730
(89,351)(5,461)(187,574)(27)
374
70,161(7,137)(9,403)(6,759)
240
(826)
4,002
(49,180)(15)(14,020)(528)
143(18,784)(85,728)(2,382)(122,024)
317,590
195,566(21,706)
50,48235,604(30,761)(5)(15,581)
(478)
1,220
(8,495)
10,279(1,348)101,244
195,566
296,811

(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 : 176(Addition 20 companies)
ELETT CORPORATION
Toyota Industrial Equipment Vietnam Co., LTD.
TOYOTA L&F Akita Co., LTD.
Toyota Industries Compressor Parts America, Co.
Uster Technologies AG Group (13 companies)
Toyota Material Handling Europe Group (3 companies)(Removal 6 companies)
Mail and Business Logistics Service Co., Ltd.
TOYOTA L&F KEIJI Co., Ltd.
Hangzhou Aichi Engineering Vehicled Co., Ltd.
Toyota Industries Automotive Parts (Kunshan)Co., Ltd.
Toyota Material Handling Europe Group (2 companies)(6) (Matters concerning the application of equity method)(7) Equity-method affiliates : 15
(Addition 3 companies)
TOYOTA L&F Kinki Co., Ltd.
Hangzhou Aichi Engineering Vehicled Co., Ltd.
Liftow Limited

(7) Segment Information

1. Business segment information(1) FY2011 (April 1,2010 - March 31, 2011)(Million yen)

Automobile

Materials
handling
equipment

Logistics(1) Outside customer sales

804,167

490,676

107,773

42,79534,426

1,479,839-

1,479,839(2) Inter-segment transactions

21,151

654

8,069

12

11,85341,740(41,740)-

Total

825,319

491,330

115,842

42,807

46,279

1,521,580(41,740)

1,479,839

Segment Income

32,87623,999

5,397

2,592

3,445

68,312

485

68,798Segment Assets

305,871499,120

191,774

15,27761,8081,073,851

1,407,600

2,481,452(1) Depreciation and amortization

41,81330,845

7,298

904

1,725

82,587-

82,587(2) Increase in Fixed Assets andIntangible Assets

22,95337,453

7,215

473

1,433

69,528-69,528

Textilemachinery

OthersTotal

Eliminations Consolidated

Net sales

Others(Notes) 1. Main products of each segment:
Automobile.........................….. Vehicles, diesel and gasoline engines, car air-conditioning compressors
foundry parts, electronics components
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 485 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) 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
foundry parts, electronics components
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(Notes) 4. Asset of Textile machinery Segment increased arising from acquisitions of Uster Technologies AG.

(8) Earnings per share
FY2011(April 1,2010 March 31, 2011)
Net assets per share(exact yen amounts)
Net loss per share-basic(exact yen amounts)

FY2012(April 1,2011 March 31, 2012)
3,300.17
151.51

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

Net assets per share(exact yen amounts)

3,662.26

Net income per share-basic(exact yen amounts)

188.02

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

(Notes) 1. The basis of calculation for net income(loss) per share and net income per share-diluted is as follows:(Million yen)
FY2011(April 1,2010 March 31, 2011)
1 Net income per share- basic
Net income(loss)
Net income(loss) not attributable to common shareholders
Net income(loss) attributable to common shareholders
Weighted-average shares(thousand)
2 Net income per share-diluted
Increase in common shares outstanding(thousand)
Subscription rights to shares

FY2012(April 1,2011 March 31, 2012)

47,20547,205311,568

58,59458,594
311,646--(Notes) 2. The basis of calculation for net assets per share is as follows:

FY2011(April 1,2010 March 31, 2011)
Total net assets(Million yen)
FY2012(April 1,2011 March 31, 2012)

1,075,939

1,197,841

Amounts deducted from total net assets

47,721

56,361

Subscription rights to shares

2,132

2,310

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)

45,58954,051

1,028,217

1,141,480

311,564

311,687(9) Subsequent eventNone(10) Additional Information（Accounting Standard for Accounting Changes and Error Corrections）
Toyota Industries applies Financial Accounting Standard No.24 “Accounting Standard for Accounting Changes and Error Corrections
and its Implementation Guidance No.24 “Guidance on Accounting Standard for Accounting Changes and Error Corrections,”
both of which were issued on December 4, 2009 by the Accounting Standards Board of Japan, to accounting changes andcorrections of prior period errors which are made after the beginning of FY2012.