Topics
For Toyota Industries, the first half-year period offiscal 2002 was a time of change and progress.
In this section, we review the highlights of the term.
Change of Company Name
Effective August 1, 2001, we changed our English namefrom Toyoda Automatic Loom Works, Ltd. to Toyota
Industries Corporation. The company was originallyestablished to manufacture automatic looms.
Subsequently, we diversified our operations and our newname reflects more accurately the nature of ouroperations. We intend that this change will make us
more readily recognizable throughout the world.

A key element of these ambitions was ourestablishment of TOYOTA Material Handling Company
as an “in-house corporate entity” within Toyota
Industries. The new entity has substantial autonomy,
facilitating rapid decision-making and greater
responsiveness to changes in market demand.

Industrial Equipment WorldConvention
From May 22 to 25, 2001, we staged the Toyota
Industrial Equipment World Convention 2001 inNagoya. This event served to mark the integration ofTMC’s Industrial Equipment Sales Division into Toyota
Industries, and the establishment of TOYOTA MaterialHandling Company. The convention was also a highlysuccessful “getting-to-know-you” session for theapproximately 1,000 guests, who included

New Corporate Name

Corporate Logos

We have two corporate logos.

Toyota Industries and Toyota Motor
Corporation Unify Materials Handling
Equipment Operations
In April 2001, Toyota Industries and Toyota Motor
Corporation (“TMC”) strategically reorganized theirmaterials handling equipment operations. Since thelaunch of TOYOTA-brand forklift trucks in 1956, TMC
had been responsible for the sales and marketing ofmaterials handling equipment manufactured by Toyota
Industries. As a result of the reorganization, ToyotaIndustries assumed responsibility for all materials
handling equipment operations. We have establishedthese operations as one of our core businesses,
strengthening our position as one of the world’s leading
comprehensive manufacturers in the field. The weddingof development and manufacturing expertise to strong
sales and marketing capabilities gives us the opportunity
to achieve more flexible management, faster decisionmaking and even greater global competitiveness.

Product demonstration at Toyota Industrial Equipment
World Convention 2001

representatives of Toyota Industries’ distributors anddealerships from a total of 52 countries. TOYOTA
Material Handling Company presented its global
strategic vision under the convention slogan “Lead theWay.”

Environmental Report 2001
We have published an annual environmental report since
1999, drawn up with reference to guidelines establishedby the Ministry of the Environment. The report explains
our company-wide environmental protection activities
by division, our subsidiaryand affiliate. In our 2001
edition we detail theresults of our Second
Environmental Action Plan.
We also explain how weEnvironmental Report 2001

have been promoting “green” procurement,developing environment-friendly products through theimplementation of LCA (Life Cycle Assessment) systems
and reducing emissions of PRTR (Pollutant Release andTransfer Register) substances. We also outline ouractivities to clean contaminated soil and undergroundwater, and to improve the eco-efficiency of our supplychain. Other topics covered include recycling, zeroemission campaigns and the development of acompact, lightweight external signal-controlled
compressor with variable displacement, which offers
excellent energy efficiency.

Note: As this report is published in December 2001, some of the topics included refer to events in the second half of fiscal 2002.

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PRODUC

Manufacture of RAV4 and bB Open Deck

Rail-Less Partner RackIn April 2001, we began production of TMC’s RAV4, acompact SUV. Our output is exported to North America andEurope. In June 2001, we began production of TMC’s bB
Open Deck, a compact car whose design and materials
facilitate recycling and energy-saving at every stage, fromproduction through to scrapping. We designed the bB OpenDeck prototype, which was displayed by TMC on its stand atthe Tokyo Motor Show 1999. The feedback from show
visitors, especially the young, was highly favorable, and TMC
requested that we move to the production stage. With such
distinctive features as a rear open deck, the bB Open Deck
will appeal to those who favor an outdoor, active lifestyle. Itis available in Japan only.

In July 2000, we launched the Mobile
Rack. In June 2001, we launched a“rail-less” model in Japan. The Rail-Less
Partner Rack utilizes electromagnetic
guidance technology, rather than rails,
to move shelves around warehousefacilities. Existing warehouses can beeasily equipped with the Rail-Less
Partner Rack as the installation workrequired is minimal.

XHIS

Rail-Less Partner Rack

Full Model Change forHigh-Pick Lift
In October 2001, TOYOTA Material
Handling Company launched a newversion of its High-Pick Lift, an electricorder picking truck for loads of 0.5 to 1.5
tons. The new model enhances TOYOTA
Material Handling Company’s lineup,
allowing the division to provide material
handling solutions better able to meetthe diverse needs of customers. The
High-Pick Lift 7FBPR10(Fork-Forward Type)
High-Pick Lift is available in Japan only.

Roll-off ceremony of the RAV4 and bB Open DeckET

B

Advanced, Environment-Friendly
Technology at Tokyo Motor Show 2001
We displayed a selection of our advanced auto technologies
at the 35th Tokyo Motor Show, held from October 27 toNovember 7, 2001 at the Makuhari Messe, Chiba, on theoutskirts of Tokyo. Our show theme was “Toyota Industries
Corporation supports your motoring life.” We stressed that in
our manufacturing processes and our final products weemphasize environment-friendliness, utilization of advanced
IT and safety in all its aspects.
We showcased compact,
lightweight, high-quality carair-conditioning compressorsthat improve fuel efficiency byplacing minimum burden on
the car engine. We also
displayed a 1.5kW DC-AC
inverter for the Estima Hybridthat increases the recreationaland business-use features of a
Toyota Industries booth at thehybrid vehicle. The inverterTokyo Motor Showchanges direct current (DC)from the special battery for hybrid vehicles to alternating
current (AC), allowing a wider range of high-consumption
electrical appliances to be used in the vehicle. We also
exhibited our Parking Assist System (“PAS”) which guides thedriver when parking his/her car, and several electronicdevices, including a tuner module for ultra-compact AM/FM
and digital radios, developed in association with Niigata
Seimitsu Co., Ltd.

ITION

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Cutting-Edge Technologies Showcased at7th Osaka International Textile
Machinery Show

Toyota Industries spinning machinery booth at OTEMAS

We made the most of the opportunity to display our stateof-the-art technologies at the 7th Osaka International Textile
Machinery Show (“OTEMAS”), held October 8 to 13, 2001
at Intex Osaka. On our spinning machinery booth weshowed two high-speed ring spinning frames (the RX iCONCEPT with an individual motor-drive system and theRX240 NEW), a roving frame, drawing frame and combingmachine. On our weaving machinery booth we showed theJAT610 NEW and the JAT610 air-jet looms and the LW600
series water-jet looms. We also demonstrated our Internet
TTCS (Toyota Total Computer System), an Internet-basedmill-wide production control system. Both booths proved
highly popular among visitors.
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