FINANCIAL SUMMARYFY2013

Second Quarter(April 1, 2012 through September 30, 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.

October 31, 2012

FY2013 Second Quarter Consolidated Financial Results <under Japanese GAAP>(April 1, 2012 - September 30, 2012)

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 submission of the quarterly report: November 13, 2012
(Amounts less than one million yen are omitted)

1. Financial Highlights for FY2013 Second Quarter (April 1, 2012 - September 30, 2012)(1) Consolidated Financial Results(% : change from the same period of previous year)

Net sales

Operating income%

Million yen

FY2013
Second Quarter
FY2012
Second Quarter

Ordinary income%

Million yen

Net income%

Million yen%

Million yen

762,959

5.6

37,21027.4

42,44015.4

24,075(7.2)

722,638(1.0)

29,210(19.3)

36,770(4.2)

25,9299.5(Note) Comprehensive income(loss): FY2013 Second Quarter ― (98,168) million yen, FY2012 Second Quarter ― (97,992) million yen

FY2013
Second Quarter
FY2012
Second Quarter

Net income
per share―basic

Net income
per share―diluted

Yen

Yen

77.24

----

83.21

----

(2) Consolidated Financial Position
Total assets

Equity ratio

Total net assets

Million yen%

Million yen

FY2013
Second Quarter

2,407,306

1,083,138

43.1

FY20122,656,984

1,197,841

43.0(Note) Shareholders' equity: FY2013 Second Quarter ― 1,036,403 million yen, FY2012 ― 1,141,480 million yen

2. Cash Dividends
Annual cash dividends per share
Second quarter
Third quarter
Fiscal year-end

First quarter
Yen

Yen

FY2012

00.0-

25.00

FY2013

00.0-

25.00

Yen

FY2013(Forecast)

Yen

Yen

-

25.00

50.00

-

30.00

55.00

(Note) Changes in the forecasted cash dividends in this quarter : No

3. Forecasts of Consolidated Financial Results for FY2013 (April 1, 2012 - March 31, 2013)(% : change from the same period of previous year)

Net sales

FY2013Operating income

Ordinary income

Net income
per share―basic

Net income

Million yen%

Million yen%

Million yen%

Million yen%

1,600,000

3.7

80,00014.1

88,0008.8

51,000(13.1)(Note) Changes in the forecasts of consolidated financial results in this quarter : Yes

Yen

163.63

4. Others(1) Changes in major subsidiaries (specified subsidiaries that changed company's consolidationin this quarter) : No
(2) Application of special accounting methods for the preparation ofquarterly consolidated financial statements : No
(3) 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 10-5 of the "Regulations on(Note)Terminology, Forms, and Preparation Methods of Quarterly Consolidated Financial Statements.”(Note)Please see page 3 on attached documents for details on changes in accounting policies in " Changes in(Note)policies, accounting estimates and restatement ".
(4) Issued and outstanding capital stock① Number of shares outstanding at end of each period (including treasury stock):
FY2013 Second Quarter －325,840,640 shares, FY2012 －325,840,640 shares② Number of treasury stock outstanding at end of each period:
FY2013 Second Quarter －14,154,808 shares, FY2012 －14,153,619 shares③ Average number of shares outstanding for each period:
FY2013 Second Quarter －311,686,390 shares, FY2012 Second Quarter －311,605,545 shares* Progress of procedures for financial review of quarterly financial results
・ The quarterly 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 ¥79 = US$1 and ¥100 = €1 for FY2013.
・ Please see page 3 on attached documents for details on performance forecasts in "Qualitative
information regarding forecast for FY2013".

(Attached Documents)

Contents

1.Qualitative Information and Financial Statements･･････････････････････････････････････････2(1) Qualitative information regarding consolidated business results･･･････････････････････2(2) Qualitative information regarding consolidated financial condition ･････････････････････3(3) Qualitative information regarding forecast for FY2013 ････････････････････････････････3
2. Matters concerning Summary Information (Note)･･････････････････････････････････････････3(1) Changes in accounting policies, accounting estimates and restatement ･･･････････････3
3. Quarterly Consolidated Financial Statements ･････････････････････････････････････････････4(1) Quarterly Consolidated Balance Sheets･･････････････････････････････････････････････4(2) Quarterly Consolidated Statements of Income and(3) Quarterly Consolidated Statements of Comprehensive Income････････････････････････6(3) Note on premise of going concern ･･･････････････････････････････････････････････････8(4) Segment Information ････････････････････････････････････････････････････････････････8(5) Note on significant changes in the amount of shareholders' equity ････････････････････8- 1-

1. Qualitative Information and Financial Statements(1) Qualitative information regarding consolidated business results
During the second quarter of FY2013 (the six months from April 1 to September 30, 2012), total
consolidated net sales of Toyota Industries amounted to 762.9 billion yen, an increase of 40.3 billion yen,or 6%, from the same period of the previous fiscal year. The following is a review of operations for the
major business segments.
Net sales of the Automobile Segment totaled 402.8 billion yen, an increase of 42.2 billion yen, or 12%,from the same period of the previous fiscal year, during which the Great East Japan Earthquake had an
impact on production. Within this segment, net sales of the Vehicle Business amounted to 157.3 billion
yen, an increase of 2.1 billion yen, or 1%, due mainly to an increase in sales of the Vitz (Yaris overseas)
and RAV4.
Net sales of the Engine Business totaled 105.2 billion yen, an increase of 14.6 billion yen, or 16%.
This is attributable primarily to increases in sales of KD diesel engines and AR gasoline engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 111.7 billion yen, an increase of
15.0 billion yen, or 16%. This is because sales increased in both domestic and overseas markets.
Net sales of the Foundry Parts, Car Electronics and others Business totaled 28.3 billion yen, an
increase of 10.3 billion yen, or 57%. This is attributable primarily to increases in sales ofautomobile-related electronic devices for PRIUS and AQUA.
Net sales of the Materials Handling Equipment Segment totaled 281.0 billion yen, an increase of 4.1
billion yen, or 1%. This is attributable to an upturn in sales of lift trucks, a mainstay product of thissegment, in the domestic market although sales overseas markets remained on par with the same
period of the previous fiscal year.
Net sales of the Logistics Segment amounted to 46.0 billion yen, a decrease of 0.3 billion yen, or 1%.
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 18.0 billion yen, a decrease of 1.7 billion yen, or
8%. This is attributable to decreases in sales of spinning machinery and weaving machinery, mainstay
products of this segment, although Toyota Industries purchased the shares of Uster Technologies AG
and made it into a subsidiary in February 2012.
Net sales of the Others Segment totaled 14.9 billion yen, a decrease of 4.1 billion yen, or 21%. This
is attributable to liquidation of TIBC Corporation.
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 37.2
billion yen, an increase of 8.0 billion yen, or 27%, from the same period of the previous fiscal year andordinary income of 42.4 billion yen, an increase of 5.7 billion yen, or 15%. Net income totaled 24.0 billion
yen, a decrease of 1.9 billion yen, or 7%, from the same period of the previous fiscal year. This is
attributable to an extraordinary loss of 6.6 billion yen, arising from a loss on liquidation of TIBC
Corporation.

- 2-(2) Qualitative information regarding consolidated financial condition
Total assets decreased 249.6 billion yen from the end of the previous fiscal year to 2,407.3 billion yen
due mainly to a decrease in market value of investment securities. Liabilities amounted to 1,324.1 billion
yen, a decrease of 135.0 billion yen from the end of the previous fiscal year due mainly to a decrease indeferred tax liability. Net assets amounted to 1,083.1 billion yen, a decrease of 114.7 billion yen from theend of the previous fiscal year.
(3) Qualitative information regarding forecast for FY2013
Due to results of the first half of FY2013, Toyota Industries has revised its forecasts of consolidated
financial results for FY2013 to consolidated net sales of 1,600.0 billion yen, operating income of 80.0
billion yen, ordinary income of 88.0 billion yen and net income of 51.0 billion yen. Our projections are
based on assumed exchange rates of ¥79 = US$1 and ¥100 = €1 for the remainder of the fiscal year.

2. Matters concerning Summary Information (Note)(1) Changes in accounting policies, accounting estimates and restatement(Changes in accounting policies which are difficult to distinguish from changes in accounting
estimates)
Effective from April 1, 2012, Toyota Industries changed the depreciation method for property, plantand equipment that were acquired on and after April 1, 2012 in accordance with the revised Corporate
Tax Law of Japan.

- 3-

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

FY2013 Second Quarter(As of September 30, 2012)

AssetsCurrent assets:
Cash and deposits

274,710

254,464

Trade notes and accounts receivable
Lease investment assets

195,391
36,570172,274
35,753

Short-term investments

92,24953,176Merchandise and finished goods
Work in process

48,18333,72750,79633,483

Raw materials and supplies

34,53630,162

Deferred tax assets
Other current assets
Allowance for doubtful accounts

20,36836,358(2,740)20,75135,617(2,588)769,356

683,893

141,412

134,077

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

180,146
24,448173,259
25,772Land
Construction in progress

116,526
18,519116,301
29,042

481,053

478,452

68,82437,952
106,777

73,301
38,143
111,444

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

1,008,790
10,46376,88437,524(148)
1,133,515
1,723,412
2,407,306

Total current assets
Fixed assets:
Property, plant and equipment
Buildings and structures, net

Total property, plant and equipment
Intangible assets:
Goodwill
Other intangible assets
Total intangible assets
Investments and other assets:
Investments in 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- 4-

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

FY2013 Second Quarter(As of September 30, 2012)

Liabilities
Current liabilities:
Trade notes and accounts payable

168,465

141,972

Short-term loans payable

110,21241,016

Commercial paper

12,897

15,984Current portion of bonds

54,10553,891

Lease obligations

37,61937,694

Accounts payable-other

18,16915,190Accrued income taxes

12,51012,434

Deferred tax liabilities

3

-

525

278

Other current obligations

165,018

160,985

Total current liabilities

579,527

479,448

Bonds payable

187,238

186,946

Long-term loans payable

249,183

275,701

Lease obligations

85,754

83,511

Deferred tax liabilities

297,304

239,005

Allowance for retirement benefits

48,973

48,619Other long-term liabilities

11,16010,935

Total long-term liabilities

879,615

844,720

1,459,142

1,324,168

Capital stock

80,46280,462

Capital surplus

106,128

106,128

Retained earnings

455,042471,326

Treasury stock(50,266)(50,269)

Total shareholders' equity

591,367

607,648

565,007455,516

(131)

151

Foreign currency translation adjustment(14,763)(26,913)

Total accumulated other comprehensive income

550,112428,755

Subscription rights to shares

2,310

2,086

Minority interests

54,05144,648

Total net assets

1,197,841

1,083,138

2,656,984

2,407,306

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- 5-

(2) Quarterly Consolidated Statements of Income and(2) Quarterly Consolidated Statements of Comprehensive Income(2) Quarterly Consolidated Statements of Income(Million yen)
FY2012 Second Quarter FY2013 Second Quarter(April 1, 2011 (April 1, 2012 September 30, 2011)
September 30, 2012)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
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
Extraordinary loss:
Loss on liquidation of subsidiaries and affiliates
Total extraordinary loss
Income before income taxes andminority interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Income(Loss) on minority interests in consolidated subsidiaries
Net income- 6-

722,638
609,607
113,031
83,82029,210762,959634,268
128,690
91,47937,210

4,668
10,554
5,094
20,317

4,318
10,732
3,017
18,068

7,933
4,824
12,757
36,7707,303
5,534
12,83842,440

-

6,616
6,616

36,77035,824

10,399(739)
9,659
27,1101,181
25,92912,926(286)
12,64023,184(891)
24,075

Quarterly Consolidated Statements of Comprehensive Income(Million yen)
FY2012 Second Quarter FY2013 Second Quarter(April 1, 2011 (April 1, 2012 September 30, 2011)
September 30, 2012)

Income before minority interests

27,11023,184(107,791)(109,586)

(24)

282

(16,805)(11,880)

(481)

(167)

(125,103)(121,352)(97,992)(98,168)(98,119)(97,281)

127

(886)

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- 7-(3) Note on premise of going concern : No
(4) Segment Information
FY2012 Second Quarter (April 1, 2011 - September 30, 2011)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

360,620

276,937

46,335

19,70319,041(2) Inter-segment transactions

11,339

270

4,308

24

5,376

Total

371,959

277,208

50,643

19,7286,181

18,977

1,614

952

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

722,638-

722,638

21,319(21,319)-

24,418743,958(21,319)

722,638

1,343

29,070140

29,210Net sales

Segment income(Notes) 1. "Others" is business segment not included in reportable segments and contains semiconductor package substrates
as a mainstay product.
2. Segment income of 140 million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

FY2013 Second Quarter (April 1, 2012 - September 30, 2012)(Million yen)

Automobile

Materials
handling
equipment(1) Outside customer sales

402,805

281,040

46,06318,062

14,986(2) Inter-segment transactions

10,842

263

4,333

57

5,938

Total

413,648

281,304

50,397

18,119Segment income (loss)

14,865

18,642

2,339

(61)

Logistics

Textilemachinery

OthersTotal

Eliminations

Consolidated

762,959-

762,959

21,436(21,436)-

20,925784,395(21,436)

762,959

1,421

37,207

3

37,210Net sales(Notes) 1. "Others" is business segment not included in reportable segments.
2. Segment income of 3 million yen is inter-segment eliminations.
3. Segment income is adjusted to operating income of Quaterly Consolidated Statements of Income.

(5) Note on significant changes in the amount of shareholders’ equity
During the first half of FY2013 (the six months from April 1 to September 30, 2012), Toyota Industries paid dividends
of 7,792 million yen from retained earnings.

- 8-