FINANCIAL SUMMARYFY2010 First Quarter(April 1, 2009 through June 30, 2009)

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-lookingstatements. 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) environmentalregulations, 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.

July 31, 2009

FY2010 First Quarter Consolidated Financial Results(April 1, 2009 - June 30, 2009)

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, Managing Officer, General Manager of Accounting Department (Tel. +81-(0)566-22-2511)
The expected date of submission of the quarterly report: August 10, 2009
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2010 First Quarter (April 1, 2009 - June 30, 2009)(1) Consolidated Financial Results(% : change from the same period of previous year)

Net sales

Operating income%Million yen

FY2010First Quarter
FY2009First Quarter%

Net income%Million yen%

Million yen

288,781(38.4)(9,587)-(2,118)

-

(114)

-

469,180-

12,818-31,741-

21,127-

Net income
per share―basicNet income
per share―dilutedYen

FY2010First Quarter
FY2009First Quarter

Ordinary income

Million yen

Yen(0.37)----67.81

67.80(2) Consolidated Financial Position
Total assets

Total net assets

Million yen

Equity ratio

Net assets per share%

Million yen

Yen

FY2010First Quarter

2,578,120

1,099,797

40.8

3,378.07

FY20092,327,432

0,977,670

40.0

2,987.16(Note) Equity capital: FY2010 First Quarter ― 1,052,523 million yen, FY2009 ― 930,730 million yen
2. Cash Dividends
Annual cash dividends per share
Second quarter
Third quarter
Year-end

First quarter
Yen

FY200900.0-

FY201000.0-

Yen

FY2010(Forecast)

Yen

Yen

Yen

30.00

00.0-

10.00

40.00

00.0-

00.0-

00.0-00.0-(Note) Changes in the forecasted cash dividends in this quarter : No
Forecast of cash dividends per share for fiscal 2010 has not been decided yet.
3. Forecasts of Consolidated Financial Results for FY2010 (April 1, 2009 - March 31, 2010)(% : change from the same period of previous year)

Net sales

Operating income

Ordinary income

Net income
per share―basic

Net income

Million yen%

Million yen%

Million yen%

Million yen%

FY2010 SecondQuarter (accm)

0,620,000(33.2)(15,000)-(12,500)-0(9,500)-(30.49)

FY20101,300,000(17.9)(10,000)-(11,500)-(10,000)-(32.09)(Note) Changes in the forecasts of consolidated financial results in this quarter : No- 1 -Yen

4.Others(1) Changes in major subsidiaries : No
(2) Application of simplified accounting methods and special accounting methods
for the preparation of quarterly consolidated financial statements : Yes(Note) Please see page 4 for details on changes in accounting policies in"[Qualitative Information and Financial Statements] 4.Others ".
(3) Changes in accounting principles, procedures and method of presentation of quarterly consolidated
financial statements (changes made in significant items that form the basis of preparation of quarterly
consolidated financial statements)① Changes arising from revision of accounting policies : Yes② Changes other than ① : No
(Note) Please see page 4 for details on changes in accounting policies in"[Qualitative Information and Financial Statements] 4.Others ".
(4) Issued and outstanding capital stock① Number of shares outstanding at end of each period:
FY2010 First Quarter －325,840,640 shares, FY2009 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2010 First Quarter －14,265,716 shares, FY2009 －14,263,027 shares③ Average number of shares outstanding for each period:
FY2010 First Quarter －311,575,869 shares, FY2009 First Quarter －311,588,156 shares* Explanation regarding the proper use of performance forecasts and other special items(Performance forecasts）
・ All projections are based on the information available to management at the time of producing
this report and are not guarantees of future performance. Certain risks and uncertainties could cause
the actual results of Toyota Industries to differ materially from any projections discussed in this report.
・ Toyota Industries abstains from making forecasts for dividends income at this point since the outlook
for fiscal 2010 remains uncertain.
Our projections are based on assumed exchange rates of ¥95 = US$1 and ¥125 = €1.
(Forecast of Cash dividends paying）
Toyota Industries’ dividend policy is to meet the expectations of shareholders while giving
full consideration to business performance and funding requirement, and forcusing on dividend
payout ratio on a consolidated basis and other factors. However, Toyota Industries abtains frommaking forecasts for dividends at this point since the outlook for the management environment
remains uncertain. By giving due consideration to future business performance and other factors,
Toyota Industries plans to announce its intentions by the end of the second quarter of fiscal 2010.

- 2 -[Qualitative Information and Financial Statements]
1. Qualitative Information Regarding Consolidated Business Results
During the first quarter of fiscal 2010 (the three months from April 1 to June 30, 2009), the global
economic recession deepened despite the effects of economic stimulus measures in certain regions.
The Japanese economy remained in grave condition as corporate earnings and private-sector capital
investment dramatically decreased and the employment situation deteriorated.
In this difficult operating environment, total consolidated net sales of Toyota Industries amounted to288.7 billion yen, a decrease of 180.4 billion yen, or 38%, from the same period of the previous fiscalyear. The following is a review of operations for the major business segments.
Net sales of the Automobile Segment totaled 146.9 billion yen, a decrease of 79.0 billion yen, or 35%,
from the same period of the previous fiscal year. Within this segment, net sales of the Vehicle Businessamounted to 74.1 billion yen, a decrease of 37.1 billion yen, or 33%, due mainly to a decrease in sales ofthe Vitz (Yaris overseas), RAV4 and Mark X ZiO. Net sales of the Engine Business totaled 29.1 billion
yen, a decrease of 17.5 billion yen, or 37%, attributable primarily to a decrease in sales of KD diesel
engines for Toyota Motor Corporation’s Innovative International Multi-Purpose Vehicle (IMV) Series. Net
sales of the Car Air-Conditioning Compressor Business totaled 36.7 billion yen, a decrease of 21.6
billion yen, or 37%, resulting from a decrease in production of automakers.
Net sales of the Materials Handling Equipment Segment totaled 103.5 billion yen, a decrease of 80.2
billion yen, or 44%. This decrease was the result of a significant decline in unit sales of lift trucks, amainstay product of this segment, for both the TOYOTA and BT brands, triggered by the global marketcontraction.
Net sales of the Logistics Segment amounted to 26.7 billion yen, a decrease of 3.7 billion yen, or12%, despite the strong performance by businesses engaged in collection and delivery of cash andmanagement of sales proceeds services as well as secure storage, management, collection anddelivery of corporate documents services. This was offset by a decline in sales of the cargo transportbusiness of automotive-related parts.
Net sales of the Textile Machinery Segment totaled 2.3 billion yen, a decrease of 14.1 billion yen, or86%, owing mainly to a significant decrease in sales of air-jet looms to China.
In terms of overall profit, a significant decrease in sales worldwide had a tremendous impact. As aresult, Toyota Industries posted a consolidated operating loss of 9.5 billion yen compared with operating
income of 12.8 billion yen in the first quarter of the previous fiscal year; ordinary loss of 2.1 billion yen
compared with ordinary income of 31.7 billion yen; and net loss of 0.1 billion yen compared with net
income of 21.1 billion yen.

2. Qualitative Information Regarding Consolidated Financial Condition
Total assets increased 250.7 billion yen from the end of the previous fiscal year to 2,578.1 billion yen
due mainly to an increase in market value of investment securities. Net assets amounted to 1,099.7
billion yen, an increase of 122.1 billion yen from the end of the previous fiscal year.

3. Qualitative Information Regarding Forecast for Fiscal 2010
In fiscal 2010, ending March 31, 2010, the global economy is projected to remain sluggish anduncertainties persist with regards to fluctuations in exchange rates and stock markets. As a result,
Toyota Industries anticipates the operating environment to become more severe.
Amid this challenging environment, the Toyota Industries Group will make a concerted effort toquickly and thoroughly promote reforms in our business and cost structures, as well as rebuild ourmanagement platform into a more muscular and stronger one. Toyota Industries will also implement awide variety of measures to enhance sales, such as releasing new products and engaging in sales- 3 -expansion activities.
Toyota Industries forecasts consolidated net sales of 1,300.0 billion yen, an operating loss of 10.0
billion yen, ordinary loss of 11.5 billion yen and net loss of 10.0 billion yen. As a premise for theseprojections for consolidated results, Toyota Industries abstains from making forecasts for dividends
income at this point since the outlook beyond the third quarter of fiscal 2010 remains uncertain. Our
projections are based on assumed exchange rates of ¥95 = US$1 and ¥125 = €1.

4. Others(1) Changes in major subsidiaries: No(2) Application of simplified accounting methods and special accounting methods for the preparationof quarterly consolidated financial statements① Inventory valuation
In calculating inventories as of the end of the first quarter of the fiscal year under review,actual calculation of inventories has been omitted, being replaced with a determination ofinventory using a rational calculation method based on actual inventory at the end of theprevious fiscal year.
Furthermore, reductions in the book value of inventories have only been made in cases
where there have been clear reductions in potential earnings. In such cases, the book value
has been written down on an estimated net basis.
② Calculation of fixed asset depreciation
Depreciation expenses for fixed assets depreciated by the declining-balance method havebeen calculated by allocating depreciation expenses related to the fiscal year under review by
their remaining terms.
③ Calculation of income taxes, deferred tax assets and deferred tax liabilities
The inclusion of additions and subtractions and tax deduction items in the calculation ofincome tax payments has been limited to significant items.
When there has been no marked change in the business environment or temporary
fluctuations since the end of the previous fiscal year, the potential recovery of deferred tax
assets is determined based on the business performance forecasts of the previous fiscal year
and tax planning methods.
(3) Changes in the accounting principles, procedures and method of presentation of quarterly
consolidated financial statements① Application of Accounting Standard for Construction Contracts
Effective from the fiscal year beginning April 1, 2009, Toyota Industries applied Financial
Accounting Standard No. 15 “Accounting Standard for Construction Contracts” and its
Implementation Guidance No. 18 “Guidance on Accounting Standard for Construction
Contracts,” both of which were issued on December 27, 2007 by the Accounting Standards
Board of Japan.

- 4 -5. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Million yen)
FY2010 First Quarter(As of June 30, 2009)

FY2009(As of March 31, 2009)

AssetsCurrent assets
Cash and deposits

249,833

169,743

Trade notes and accounts receivable

158,172

158,798

Short-term investments41,356

58,838Merchandise and finished goods

42,98944,237Work in process

28,30330,500Raw materials and supplies

25,332

27,423

Deferred tax assets

18,865

16,600

Other current assets

65,02464,632

Allowance for doubtful accounts(2,976)(2,806)

626,901

567,967

Buildings and structures, net

180,975

182,214

Machinery, equipment and vehicles, net

249,353

252,402

Tools, furniture and fixtures, net

25,66725,598Land

109,931

110,078

Construction in progress

20,067

18,970Total property, plant and equipment

585,995

589,264

Goodwill

107,351

107,072

Software11,664

11,736

Total intangible assets

119,016

118,809

1,100,466

907,524

Long-term loans receivable

5,809

5,954

Deferred tax assets

11,405

11,578Other investments and other assets

128,740

126,534

(214)

(199)

1,246,207

1,051,391

1,951,218

1,759,464

2,578,120

2,327,432

Total current assets
Fixed assets
Property, plant and equipment

Intangible assets

Investments and other assets
Investment securities

Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets- 5 -(Million yen)
FY2010 First Quarter(As of June 30, 2009)
Liabilities
Current liabilities
Trade notes and accounts payable
Short-term loans payable
Commercial papers
Current portion of bonds
Accounts payable-other
Income taxes payable
Deferred tax liabilities
Provision for directors' bonuses
Other current liabilities
Total current liabilities
Long-term liabilities
Bonds payable
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for retirement benefits
Other long-term liabilities
Total long-term liabilities
Total liabilities
Net assetsShareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total valuation and translation adjustments
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets- 6 -FY2009(As of March 31, 2009)

109,60265,48323,534
20,794
15,494
4,906
161
82
164,967
405,026

104,658
63,187
26,35632,072
25,349
7,570
249
214
154,720
414,379

281,878
293,076
113,000
329,263
42,696
13,379
1,073,295
1,478,322

231,501
285,340
104,245
252,20944,05518,029935,382
1,349,762

80,462
106,180
409,061(50,678)545,02580,462
106,180
412,294(50,672)548,264

508,508(27)(983)
507,497
1,362
45,912
1,099,797
2,578,120

392,489
24(10,048)
382,466
1,224
45,715
977,670
2,327,432

(2) Quarterly Consolidated Statements of Income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expensesOperating income (loss)
Non-operating income
Interest income
Dividends income
Other non-operating income
Total non-operating income
Non-operating expenses
Interest expenses
Other non-operating expenses
Total non-operating expenses
Ordinary income (loss)
Income (Loss) before income taxes andminority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Minority interests in income (loss)
Net income (loss)- 7 -(Million yen)
FY2009 First Quarter FY2010 First Quarter(April 1, 2008 (April 1, 2009 June 30, 2008)
June 30, 2009)
469,180
288,781
398,957258,798
70,222
29,982
57,40439,57012,818(9,587)
2,392
20,0682,214
24,675

2,783
9,085
2,330
14,199

3,331
2,421
5,752
31,741

4,653
2,077
6,730
(2,118)31,741(2,118)

11,999(2,108)
9,890
723
21,127686(2,593)(1,907)(96)(114)

(3) Note on premise of going concern : No
(4) Segment Information① Busuiness segment information
FY2009 First Quarter (April 1, 2008 - June 30, 2008)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

225,908

183,757

30,455

16,43912,619(2) Inter-segment transactions

6,133

216

1,980

0

4,411

232,042

183,974

32,435

16,440

4,883

6,210

569

1,132

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

469,180-

469,180

12,742(12,742)-

17,030481,923(12,742)

469,180(23)

12,772

46

12,818Net sales

Total
Operating income (loss)

FY2010 First Quarter (April 1, 2009 - June 30, 2009)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

146,985

103,531

26,722

2,363

9,179

(2) Inter-segment transactions

2,175

198

1,188

172,918

149,160

103,729

27,9102,380(4,941)(5,159)

684

(904)

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

288,781-

288,781

6,498(6,498)-12,098295,279(6,498)288,781575(9,744)157(9,587)

Net sales

Total
Operating income (loss)(Notes) 1. Business segments are divided by the type and nature of the product.
(Notes) 2. Main products of each segment:
Automobile ……………………… Passenger vehicles, diesel and gasoline engines, car air-conditioning compressors,
foundry parts, electronics componentsMaterials handling equipment … Counterbalanced lift trucks, warehouse trucks, automated storage and retrieval systems,
truck mount aerial work platforms
Logistics …………………………
Transportation services, logistics planning, operation of distribution centers, collection and delivery ofcash and management of sales proceeds,
secure storage, management, collection and delivery of corporate documents
Textile machinery ………………
Others …………………………… Air-jet looms, water-jet looms, ring spinning frames
Semiconductor package substrates② Geographical segment information
FY2009 First Quarter (April 1, 2008 - June 30, 2008)
Japan(Million yen)North
America

EuropeOthersTotal

Eliminations

Consolidated

Net sales(1) Outside customer sales

312,455

56,60784,716

15,401

469,180-

469,180(2) Inter-segment transactions

28,965

458

1,940

1,843

33,207(33,207)-Total341,42157,06686,656

17,244502,388(33,207)469,180

9,297

150

1,812

1,141

12,402416

12,818Operating income

FY2010 First Quarter (April 1, 2009 - June 30, 2009)
Japan(Million yen)North
America

EuropeOthersTotal

Eliminations

Consolidated

288,781Net sales(1) Outside customer sales

195,64532,048

51,3609,727

288,781-(2) Inter-segment transactions

14,774

337

851

904

16,867(16,867)-Total

210,419

32,38652,211

10,631

305,648(16,867)

288,781(7,698)(1,341)(2,223)587(10,675)

1,088(9,587)

Operating income (loss)- 8 -③ Overseas sales
FY2009 First Quarter (April 1, 2008 - June 30, 2008)(Million yen)

North America
Ⅰ Overseas sales

Europe56,459Others95,367

Total

47,970199,797

Ⅱ Consolidated sales

469,180

Ⅲ Ratio of overseas sales to consolidated sales

12.1%

20.3%

10.2%

FY2010 First Quarter (April 1, 2009 - June 30, 2009)(Million yen)

North America
Ⅰ Overseas sales

EuropeOthers

Total

32,12356,452

18,434

11.1%

19.6%

6.4%

Ⅱ Consolidated sales
Ⅲ Ratio of overseas sales to consolidated sales

42.6%

107,010
288,781(5) Note on significant changes in the amount of shareholders’ equity
During the first quarter of fiscal 2010 (the three months from April 1 to June 30, 2009), Toyota Industries Corporation paid
dividends of 3,115 million yen from retained earnings.

- 9 -37.1%