Financial Section /Corporate Informationn Financial SectionP76− 84

Consolidated Eleven-Year SummaryP76− 77

Consolidated Balance SheetsP78− 79Consolidated Statements of Income

P

80

Consolidated Statements of Comprehensive Income

P

81

Consolidated Statements of Changes in Net Assets

P

Consolidated Statements of Cash Flowsn Corporate Information

P

P

Board of Directors, Audit & Supervisory Board Members
and Managing Officers
Major Consolidated Subsidiaries

82− 8385− 89
P

P

84

85

86− 87

Major Production Bases

P

88

Investor Information

P

89

Note:
For details on the consolidated financial statements, please refer to the separate publication,
which is also posted on the following Website:
www.toyota-industries.com

75Consolidated Eleven-Year Summary
Financial Section /Corporate Information

Toyota Industries Corporation
Years ended March 31

Millions of yen

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

¥2,166,661¥2,007,856¥1,615,244¥1,543,352¥1,479,839¥1,377,769¥1,584,252¥2,000,536¥1,878,398¥1,505,955¥1,241,538

For The YearNet sales

117,574

107,691

77,09870,092

68,79822,002(6,621)

96,853

89,95464,04053,120170,827

138,133

86,83680,86673,911

31,756

14,343

126,488

108,484

80,63570,912

Net income (loss)

115,263

91,705

53,11958,59447,205(26,273)(32,767)

80,46059,46847,07743,357¥ 126,395¥109,479¥89,459¥58,404

26,963¥ 104,495¥ 104,205¥ 129,023¥130,121¥111,321

Depreciation

70,78264,153

57,954

59,83062,372

73,23887,21983,74474,44964,423

51,277

Research and development expenses

47,78546,32639,05732,07027,78826,826

33,64636,75034,54831,16630,051367.06¥292.76¥170.36¥188.02(84.33)¥ (105.16)

366.99292.57170.35————257.43189.66146.02135.03

Total net assets per share

7,500.16

5,640.08

4,719.66

3,662.26

3,300.17

3,390.02

2,987.16

4,483.32

5,612.11

5,044.45

3,504.80

		Cash dividends per share

110.00

85.00

55.00

50.00

50.00

30.00

40.00

60.00

50.00

38.00

32.00

Total assets¥4,650,896¥3,799,010¥3,243,779¥2,656,984¥2,481,452¥2,589,246¥2,327,432¥2,965,585¥3,585,857¥3,245,341¥2,326,824

Investment in tangible assets¥

38,254¥Per share of common stock (yen):
		Net income (loss) per share—basic
		Net income per share—diluted
		

¥

¥

151.51¥¥

257.50¥

189.88¥

146.16¥

135.09Consolidated Eleven-Year Summary

Operating income (loss)
Ordinary income

At Year-End
Total net assets

2,425,929

1,829,326

1,524,933

1,197,841

1,075,939

1,104,929

977,670

1,453,996

1,810,483

1,611,227

1,115,747

Common stock

80,46280,46280,46280,46280,46280,46280,46280,46280,46280,46280,462

Number of shares outstanding (excluding treasury stock) (thousands)

314,155

313,730

312,207311,687

311,564

311,570

311,577

311,589

312,075

319,320

318,237¥ 182,191¥155,059¥151,299¥101,718¥ 153,661¥ 203,452

65,768¥ 188,805¥ 177,467¥ 131,784¥ 100,095(160,769)(118,483)(274,210)(9,403)(187,574)(36,855)(114,217)(138,789)(164,446)(205,013)(128,230)

Cash FlowsNet cash provided by operating activities
Net cash used in investing activities
Net cash provided by (used in) financing activities
Cash and cash equivalents at end of year¥

(8,918)

6,183

7,050

10,279(85,728)(38,230)

120,971(33,992)(19,749)

85,17250,020248,706

226,406

179,359

296,811

195,566

317,590

188,011

121,284

108,569

112,596

100,535

5.6

5.7

4.1

5.4

4.5

(2.6)

(2.8)

5.1

3.5

3.5

4.1

Indices
Return on equity (ROE) (%)
Return on assets (ROA) (%)

2.7

2.6

1.8

2.3

1.9

(1.1)

(1.2)

2.5

1.7

1.7

2.0

Operating profit margin (%)

5.4

5.4

4.8

4.5

4.6

1.6

(0.4)

4.8

4.8

4.3

4.3

Equity ratio (%)

50.7

46.6

45.4

43.0

41.4

40.8

40.0

47.1

48.8

49.7

48.0

¥ 248,854¥216,175¥155,234¥161,876¥ 150,481

71,608¥ 222,125¥ 191,007¥ 150,674¥ 128,381

52,52349,33347,41243,51640,82539,91639,52836,09632,97730,990EBITDA (millions of yen)
Number of employees¥90,521
38,903¥

1. Investment in tangible assets and depreciation apply to property, plant and equipment. They do not, however, include materials handling equipment leased
under operating leases.
2. Net income (loss) per share is computed based on the average number of shares for each year.
3. ROE and ROA are computed based on the average total net assets and total assets, respectively, for each year.
Investment securities are stated at market value.
4. Operating profit margin = Operating income (loss) / Net sales
5. Equity ratio = (Total net assets – Subscription rights to shares – Minority interests) / Total assets
6. EBITDA = Income before income taxes + Interest expenses – Interest and dividends income + Depreciation and amortization76

Toyota Industries Report 201577

Consolidated Balance Sheets

Millions of yen

2015

Millions of yen

Assets¥226,383
50,765
246,676
50,12246,012
77,98938,78253,47025,961
59,727(3,832)

944,901

872,058

423,670(250,488)
173,181
1,068,628(747,732)
320,895
159,660(120,309)
39,351
120,652
53,451

395,692(238,697)
156,995
976,511(703,217)
273,294
149,580(114,281)
35,298
119,10741,418

			Total property, plant and equipment

707,532

626,114

		Intangible assets:
			Goodwill
			Other intangible assets

95,98596,716

100,81490,068

			Total intangible assets

192,702

190,882

		Investments and other assets:
			Investment securities
			Deferred tax assets
			Lease investment assets
			 Net defined benefit assets
			 Other investments and other assets
			 Allowance for doubtful accounts

2,593,522
18,228135,958
28,28930,622(860)

1,926,353
15,285
118,849
21,501
28,291(328)

			Total investments and other assets
		Total fixed assets
Total assets

2,805,760
3,705,995¥4,650,896

2,109,954
2,926,951¥3,799,010

Fixed assets:
		Property, plant and equipment:			Buildings and structures
				Accumulated depreciation
				Buildings and structures, net
			 Machinery, equipment and vehicles
				Accumulated depreciation				 Machinery, equipment and vehicles, net
			 Tools, furniture and fixtures
				Accumulated depreciation				 Tools, furniture and fixtures, net
			Land			Construction in progress

78

Toyota Industries Report 2015¥ 205,816
99,736—47,05345,66529,245
13,686
636
626
210,721¥196,904
120,058
20,524
29,13947,644
29,13825,962
1,458
619
191,903

		Total current liabilities

653,187

663,353

Long-term liabilities:
		Bonds payable
		 Long-term loans payable		Lease obligations
		 Deferred tax liabilities
		 Net defined benefit liabilities
		 Other long-term liabilities

185,998
421,154
117,185
737,268
86,766
23,404

212,128
323,400
122,151
567,859
63,854
16,936

		Total long-term liabilities
Total liabilities

1,571,779
2,224,967

1,306,330
1,969,684

80,46280,462

105,592
644,165(41,509)

105,654
563,957(43,012)788,711707,062

Accumulated other comprehensive income:		 Valuation difference on available-for-sale securities
		 Deferred gains or losses on hedges
		 Foreign currency translation adjustment
		 Defined benefit plan adjustments

1,523,393(19)
55,598(11,463)

1,022,525(139)
44,649(4,629)		Total accumulated other comprehensive income
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets

1,567,509
72
69,6362,425,929¥4,650,896

1,062,404
330
59,528
1,829,326¥3,799,010

Liabilities¥ 247,273
58,250265,504
55,86834,08586,86543,32064,651
24,23468,603(3,756)

		Total current assets

2014

Current liabilities:
		 Trade notes and accounts payable
		 Short-term loans payable
		Commercial paper
		 Current portion of bonds
		Lease obligations
		Accounts payable—other		 Accrued income taxes
		 Deferred tax liabilities
		 Allowance for bonuses to directors
		 Other current obligations

Consolidated Balance Sheets

Current assets:
		 Cash and deposits
		 Cash deposits for cash collection and deposit services
		 Trade notes and accounts receivable
		 Lease investment assets
		Short-term investments
		 Merchandise and finished goods
		 Work in process
		 Raw materials and supplies
		 Deferred tax assets
		 Other current assets
		 Allowance for doubtful accounts

2015

2014

Financial Section /Corporate Information

Toyota Industries Corporation
As of March 31, 2015 and 2014

Net Assets
Shareholders’ equity:
		Capital stock			Authorized — 1,100,000,000 shares
			 Issued— 325,840,640 shares as of March 31, 2015					 325,840,640 shares as of March 31, 2014
		Capital surplus
		Retained earnings
		Treasury stock			 11,684,749 shares as of March 31, 2015
			 12,109,864 shares as of March 31, 2014
		Total shareholders’ equity

79Consolidated Statements of Income

Consolidated Statements of Comprehensive Income

Toyota Industries Corporation
For the years ended March 31, 2015 and 2014
Millions of yen

Millions of yen

2015

2014

Net sales¥2,166,661¥2,007,856

Income before minority interests

Cost of sales

1,765,861

1,651,573

Other comprehensive income:Gross profit

400,799356,282

Valuation difference on available-for-sale securities
Deferred gains or losses on hedges

2014¥121,674¥94,198

501,084

192,795

120

97

Sales commissions

16,291

13,832Foreign currency translation adjustment

13,36233,588

Salaries and allowances

97,03885,831Retirement benefit expenses

4,176

3,788

Defined benefit plan adjustments(6,725)—

Depreciation

13,968

11,125

Research and development expenses

41,93039,363

Others109,819

94,647

Total selling, general and administrative expenses

283,224

248,590

117,574

107,691

Interest income

12,357

11,205

Dividends income

52,95538,602735

1,106

Equity in net earnings of affiliated companies

1,790

Other non-operating income

10,878

Total non-operating income

78,7172,294
7,319
60,527

Interest expenses

15,876

16,023

Loss on disposal of fixed assets

1,665

1,345

Other non-operating expenses

7,922

12,71825,465
170,827
170,827
41,181
7,971
49,153
121,6746,410¥ 115,263

30,086138,133
138,133
40,6703,263
43,934
94,1982,493¥ 91,705

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

Non-operating expenses:

Total non-operating expenses
Ordinary income
Income before income taxes and minority interests
Income taxes—current
Income taxes—deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

Share of other comprehensive income of associates accounted for using equity method
Total other comprehensive income
Comprehensive income

109

526

507,952

227,007629,626

321,206

620,368

315,759

9,258

5,447

Profit attributable to:
Owners of the parent
Minority interests

Consolidated Statements of Income / Consolidated Statements of Comprehensive Income

Selling, general and administrative expenses:

2015

Financial Section /Corporate Information

Toyota Industries Corporation
For the years ended March 31, 2015 and 2014

Yen

Net income per share­—basic¥  367.06¥  292.76

Net income per share­—diluted

366.99292.577,500.16

5,640.08

110.0085.00

Net assets per share
Cash dividends per share

80

Toyota Industries Report 201581

Consolidated Statements of Changes in Net Assets

Toyota Industries Corporation
For the year ended March 31, 2014
Millions of yen

Millions of yen

Shareholders’ equity

Balance at March 31, 2014

Capital stock

Capital surplus

Retainedearnings¥80,462¥105,654¥563,957

Treasury stock

Total
shareholders’equity¥(43,012)¥707,062(3,668)80,462

105,654560,288

Shareholders’ equity

Balance at March 31, 2013

703,393

Changes of items during theperiodDividends from surplus(31,386)(31,386)

Net income

115,263

115,263

Repurchase of treasury stock(61)

Disposal of treasury stock

(20)

(20)

1,523

1,461

Balance at March 31, 2015

(61)

83,876

1,502

85,317¥80,462¥105,592¥644,165¥(41,509)¥788,711¥80,462¥105,898¥492,578

Balance at March 31, 2014

¥1,022,525

Deferred gains
or losses onhedgesDefinedbenefit planadjustments¥(139)¥44,649¥ (4,629)

1,022,525(139)

44,649(4,629)91,70591,705

Total changes of items during theperiodTotal
Subscription
accumulated
rights toothersharescomprehensive
income(244)¥1,062,404¥ 330

1,062,404

330

Minority
interests

Total net
assets¥59,528¥1,829,326

256(3,412)

59,784

1,825,914

Net income

115,263

Repurchase of treasury stock(20)

Disposal of treasury stock

1,461

Net changes of items other thanshareholders’ equity

500,868

Total changes of items during theperiod500,868

120

10,949(6,833)505,105

(258)

9,852

600,015¥1,523,393¥ (19)¥55,598¥(11,463)¥1,567,509¥ 72¥69,636¥2,425,929

Balance at March 31, 201582

Toyota Industries Report 2015

5,489

5,245

—

(244)

71,378

5,393

76,527¥80,462¥105,654¥563,957¥(43,012)¥707,062

Accumulated other comprehensive income(31,386)(6,833)(96)

Millions of yen

Dividends from surplus

10,949(96)

Net changes of items other thanshareholders’ equity

Changes of items during theperiod120¥630,534

Net income

Disposal of treasury stock

Cumulative effects of changes inaccounting policies
Restated balance¥(48,405)(20,326)

Millions of yen

Foreigncurrencytranslation
adjustment

Total
shareholders’equity(20,326)

Accumulated other comprehensive income
Valuationdifference on
available-forsale securities

Treasury stock

Dividends from surplus

Balance at March 31, 2014—

Retainedearnings

Repurchase of treasury stock

Net changes of items other thanshareholders’ equity
Total changes of items during theperiodCapital surplus

Changes of items during theperiod(3,668)(43,012)

Capital stock

Consolidated Statements of Changes in Net Assets

Cumulative effects of changes inaccounting policies
Restated balance

Financial Section /Corporate Information

Toyota Industries Corporation
For the year ended March 31, 2015

505,105

(258)

9,852

514,698

Balance at March 31, 2013

Valuationdifference on
available-forsale securities

Deferred gains
or losses onhedgesForeigncurrencytranslation
adjustment¥ 830,054¥(237)¥13,163

Definedbenefit planadjustments
¥  

—

Total
Subscription
accumulated
rights toothersharescomprehensive
income¥ 842,980¥ 1,478

Minority
interests

Total net
assets¥49,939¥1,524,933

Changes of items during theperiodDividends from surplus(20,326)

Net income

91,705

Repurchase of treasury stock(96)

Disposal of treasury stock

5,245

Net changes of items other thanshareholders’ equity

192,470

97

31,485(4,629)219,423(1,147)

9,588

227,865

Total changes of items during theperiod192,470

97

31,485(4,629)219,423(1,147)

9,588

304,392¥1,022,525¥(139)¥44,649¥(4,629)¥1,062,404

330¥59,528¥1,829,326

Balance at March 31, 2014¥83

Consolidated Statements of Cash Flows

Board of Directors, Audit & Supervisory Board
Members and Managing Officers(As of June 11, 2015)

Financial Section /Corporate Information

Board of Directors

Toyota Industries Corporation
For the years ended March 31, 2015 and 2014
Millions of yen

84

Toyota Industries Report 20152014¥170,827
127,463663(65,312)
15,876(1,790)(16,129)(20,142)
5,100(30,048)
186,507
65,077(15,622)(53,770)
182,191¥138,133
111,826504(49,807)
16,023(2,294)(13,469)(15,459)(169,842)
11,244(6,713)
1,158
(947)
—
(783)
711
12,896(8,495)(160,769)(131,672)
12,879(32,015)(24,861)
119,053(40,478)
20,000(29,284)(20)(31,386)(516)
36(21,460)(8,918)9,797
22,300226,406¥248,706(59,236)
128,203(60,721)

ChairmanPresident

Tetsuro Toyoda

Akira Onishi

Executive Vice President

Executive Vice President

Executive Vice President

Kazue Sasaki

Hirotaka Morishita

Shinya Furukawa

6,305(32,107)
159,655
49,782(15,517)(38,861)
155,059

2,211(1,137)
265
(867)
640
38,390(7,177)(118,483)

26,660(4,505)(96)(20,326)(454)
270(3,609)6,183
4,286
47,046
179,359¥226,406

Senior Managing Directors

Masaharu Suzuki
Norio Sasaki
Toshifumi Ogawa
Takuo Sasaki
Toshifumi Onishi

Directors

Takaki Ogawa
Kan Otsuka
Taku Yamamoto
Keiichi Fukunaga

Shuzo Sumi
Kenichiro Yamanishi
Mitsuhisa Kato

Audit & Supervisory Board Members
Full-Time Audit & Supervisory Board Members

Kakuo Ishikawa
Kohei Nozaki

Audit & Supervisory Board Members

Toshio Mita
Hans-Juergen Marx
Takahiko IjichiManaging Officers
Senior Managing Officers

Hiroaki Asai
Hirooki Fujiwara
Yukihisa Tsuchimoto
Takashi Ito

Managing Officers

Toshiya Yamagishi
Junichi Harada
Mikihiko Okamoto
Yasuhiro Murata
Yojiro Mizuno
Masahiro Kawaguchi
Susumu Toyoda
Yuji Ishizaki
Keizo Hara
Kiyotsugu Kurimoto
Masafumi Kunito

Consolidated Statements of Cash Flows / Board of Directors, Audit & Supervisory Board Members and Managing Officers

Cash flows from operating activities:
Income before income taxes and minority interests
		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—trade		(Increase) decrease in inventories
		Increase (decrease) in payables—trade		Others, net
		Subtotal
		 Interest and dividends income received
		 Interest expenses paid
		 Income taxes (paid) refunded
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 acquisition of subsidiaries’ stock resulting in change in scope of consolidation
Payments for loans madeProceeds from collections of loans
Net (increase) decrease in time deposits
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

2015

Toshihiko Shimizu
Koichi Ito
Yasushi Kawai
Hiroaki Kayukawa
Kazuyuki Yamaguchi
Toru Inagawa
Hiroshi Matsumoto
Kota Otoshi
Norio Wakabayashi
Kazunari Masuoka

85

Major Consolidated Subsidiaries(As of March 31, 2015)

Segment

Company Name

Location

Ownership
Ratio* (%)

Business Activities

Automobile

Ownership
Ratio* (%)

100.0

BT Products AB

MjölbyProduction of materials handling equipment

100.0

Aichi Corporation

Ageo-shi, Saitama

Production of aerial work platforms

52.2

Toyota Industries Europe AB

MjölbyHolding company for materials handling equipment business in Europe

100.0

TOYOTA L&F Fukui Co., Ltd.

Fukui-shi, Fukui

Sales and servicing of materials handling equipment

100.0

Toyota Material Handling Europe AB

MjölbyEuropean headquarters for materials handling equipment business

100.0

TOYOTA L&F Tokyo Co., Ltd.

Shinagawa-ku, Tokyo

Sales and servicing of materials handling equipment

100.0

Toyota Material Handling Sweden AB

BrommaSales and servicing of materials handling equipment

100.0

Nishina Industrial Co., Ltd.

Nagano-shi, Nagano

Production of parts for materials handling equipment and construction machinery

97.5

NorwayToyota Material Handling Norway AS

Trondheim

Sales and servicing of materials handling equipment

100.0

TOYOTA L&F Shizuoka Co., Ltd.
Takeuchi Industrial Equipment
Manufacturing Co., Ltd.
HANDA Casting Company

Shizuoka-shi, Shizuoka
Taketoyo-cho, Chita-gun,
Aichi
Handa-shi, Aichi

Sales and servicing of materials handling equipment

100.0

Finland

Toyota Material Handling Finland Oy

VantaaSales and servicing of materials handling equipment

100.0

Denmark

Toyota Material Handling Danmark A/SSlangerup

Sales and servicing of materials handling equipment

100.0

LatviaToyota Material Handling Baltic SIA.

Riga

Sales and servicing of materials handling equipment

100.0

Unica Co., Ltd.

PolandToyota Material Handling Polska Sp. z o.o.

Pruszków

Sales and servicing of materials handling equipment

100.0

Czech Republic Toyota Material Handling CZ s.r.o.

Rudna

Sales and servicing of materials handling equipment

100.0

Slovakia

Toyota Material Handling Slovensko s.r.o.

Bratislava

Sales and servicing of materials handling equipment

100.0

Hungary

Toyota Material Handling Hungary Ltd.

Budapest

Sales and servicing of materials handling equipment

100.0

Romania

Toyota Material Handling Romania s.r.l.

Bucharest

Sales and servicing of materials handling equipment

100.0

RussiaOOO Toyota Material Handling RUS

MoscowSales and servicing of materials handling equipment

100.0

Switzerland

Toyota Material Handling Schweiz AG

ZürichSales and servicing of materials handling equipment

50.0

Austria

Toyota Material Handling Austria GmbH

Wiener Neudorf

Sales and servicing of materials handling equipment

100.0

Toyota Material Handling Europe Brussels NV/SA Brussels

Sales and marketing of materials handling equipment

100.0

Toyota Material Handling Belgium NV/SA

Wilrijk

Sales and servicing of materials handling equipment

100.0

SwedenProduction of materials handling equipment parts

100.0

Production of foundry parts

100.0

Kiyosu-shi, Aichi

Production of in-house transporters

100.0

TOYOTA L&F Hyogo Co., Ltd.

Nishinomiya-shi, Hyogo

Sales and servicing of materials handling equipment

100.0

KTL Co., Ltd.

Koto-ku, TokyoManagement and operation of distribution centers

50.5

Wanbishi Archives Co., Ltd.

Minato-ku, Tokyo

Data storage, management, collection and delivery services

100.0

Asahi Security Co., Ltd.

Minato-ku, Tokyo

Cash collection and delivery and cash proceeds management

100.0

Taikoh Transportation Co., Ltd.

Kariya-shi, Aichi

Land transportation services

53.1

Advanced Logistics Solutions Co., Ltd.

Takahama-shi, Aichi

Planning, design and operation of distribution centers

100.0

Tokaiseiki Co., Ltd.

Iwata-shi, Shizuoka

Production of parts for compressors and engines

100.0

Altex Co., Ltd.

Hamamatsu-shi, Shizuoka

Production of compressor parts

100.0

Belgium

IZUMI MACHINE MFG. CO., LTD.

Obu-shi, Aichi

Production of specialized machine tools, friction welding machines and automotive parts

100.0

Nagao Kogyo Co., Ltd.

Nagoya-shi, Aichi

Production of parts for compressors, materials handling equipment and textile machinery

100.0

Netherlands

Toyota Material Handling Nederland B.V.

Ede

Sales and servicing of materials handling equipment

100.0

Miduho Industry Co., Ltd.

Nagoya-shi, Aichi

Production of parts for automobiles, compressors and materials handling equipment

100.0

U.K.

Toyota Material Handling UK Limited

Slough, Berkshire

Sales and servicing of materials handling equipment

100.0

Iwama Loom Works, Ltd.

Oguchi-cho, Niwa-gun, Aichi Production of compressor parts

100.0

Germany

Toyota Material Handling Deutschland GmbH

Isernhagen

Sales and servicing of materials handling equipment

100.0

Tokyu Co., Ltd.

Oguchi-cho, Niwa-gun, Aichi Production of compressor parts and industrial machinery

100.0

FranceToyota Industrial Equipment, S.A.

AncenisProduction of materials handling equipment

100.0

Ikeda-cho, Ibi-gun, Gifu

100.0

Toyota Material Handling France SAS

Marne La ValléeSales and servicing of materials handling equipment

100.0

Spain

Toyota Material Handling España, S.A.

Barberá del VallésSales and servicing of materials handling equipment

100.0

CESAB Carrelli Elevatori S.p.A.

Bologna

Production of materials handling equipment

100.0

Toyota Material Handling Italia S.r.l.

Bologna

Sales and servicing of materials handling equipment

100.0

Toyota Material Handling Greece SA

Markopoulo, Attica

Sales and servicing of materials handling equipment

100.0

TD Deutsche Klimakompressor GmbH

Bernsdorf

Production of compressors

65.0

SKM CORPORATION

Kariya-shi, Aichi

Sun Staff, Inc.

Kariya-shi, Aichi

Production of parts for textile machinery and materials handling equipment
Total construction management, security management, civil engineering/construction design work andreal estate management
Personnel placement and contract office staffing

Sun Valley Inc.

Kariya-shi, Aichi

Sales of goods, travel agency, organizing and running of events

100.0

Shine’s Co., Ltd.

Kariya-shi, Aichi

Management and operation of employee clubs

100.0

Toyota Industries Well Support Corporation Kariya-shi, Aichi

Planning and operation of benefit programs, administrative processing services for payroll accounting, etc.

100.0

Toyoda High System, Incorporated

Kariya-shi, Aichi

Planning, development, formulation and operation of information infrastructure and systems

100.0

Sun River Co., Ltd.

Suita-shi, Osaka

Sports facilities, real estate lease and restaurant management

100.0Country

Company Name

Location

Business Activities

U.S.A.

CanadaU.S.A.

Materials
Handling
Equipment

100.0

Italy

100.0

GreeceAutomobile

Cascade Corporation

Portland, Oregon

Production of materials handling equipment parts

100.0

Indiana Hydraulic Equipment, Corp.

Franklin, Indiana

Production of materials handling equipment parts

100.0

Industrial Components and Attachments, Inc.

Portland, Oregon

Holding company for materials handling equipment business in the U.S.A.

100.0

North Vernon Industry Corp.

North Vernon, Indiana

Production of materials handling equipment parts

100.0

Raymond-Muscatine Inc.

Muscatine, Iowa

Production of materials handling equipment

100.0

Germany

Textile Machinery Switzerland
OthersToyota Industries Electric Systems Europe GmbH München

Development and sales of electronics products

90.0

Toyota Textile Machinery Europe, AG

Uster

Sales and servicing of textile machinery

100.0

Uster Technologies AG

Uster

Production of yarn testing instruments and cotton classing instruments

100.0

SwedenToyota Industries Finance International AB

MjölbyFunding, loan and other financial services

100.0

India

Toyota Material Handling India Pvt. Ltd.

Delhi

Sales and servicing of materials handling equipment

92.9

Vietnam

Toyota Industrial Equipment Vietnam Co., Ltd.

Hung Yen

Production of materials handling equipment parts

90.0

Australia

Toyota Material Handling Australia Pty Limited

New South Wales

Sales and servicing of materials handling equipment

100.0

BT Manufacturing (Foshan) Co., Ltd.

Foshan, Guandong

Production of materials handling equipment

100.0

OthersOwnership
Ratio* (%)

North America

86

Business Activities

Sales and servicing of materials handling equipment*Including indirect investment

Automobile

Location

Akita-shi, Akita

Segment

Materials
Handling
Equipment

Company NameTOYOTA L&F Akita Co., Ltd.

Textile Machinery Hara Corporation

OthersCountry

Materials
Handling
Equipment

China

Sales of materials handling equipment

75.0

Production, sales and servicing of materials handling equipment

100.0

Rental and leasing of materials handling equipment

100.0

China

Toyota Material Handling (Shanghai) Co., Ltd.
ShanghaiToyota Material Handling Mercosur Indústria eSão Paulo
Comércio de Equipamentos Ltda
Toyota Material Handling Capital S.A.P.I. de C.V.,
Santiago de Querétaro
SOFOM E.N.R.
Toyota Industries Management (China) Co., Ltd. Shanghai

Logistics-related services for China-based companies

100.0

BrazilMexicoLogistics

The Raymond Corporation

Greene, New York

Production of materials handling equipment

100.0

Toyota Industrial Equipment Mfg., Inc.

Columbus, Indiana

Production of materials handling equipment

100.0

India

Kirloskar Toyota Textile Machinery Pvt. Ltd.

Bangalore

Production of automotive parts and textile machinery

98.9

Toyota Material Handling North America, Inc.

Columbus, Indiana

North American headquarters for materials handling equipment business

100.0

Indonesia

P.T. TD Automotive Compressor Indonesia

Bekasi

Production of compressors

50.1

Toyota Material Handling, U.S.A., Inc.

Columbus, Indiana

Sales of materials handling equipment

100.0

Toyota Industry (Kunshan) Co., Ltd.

Kunshan, Jiangsu

Production of automotive parts and materials handling equipment, etc.

63.4

G. N. Johnston Equipment Co., Ltd.

Mississauga, Ontario

Sales and servicing of materials handling equipment

100.0

TD Automotive Compressor Kunshan Co., Ltd.

Kunshan, Jiangsu

Production of compressors

77.6

Michigan Automotive Compressor, Inc.

Parma, Michigan

Production of compressors

60.0

Yantai Shougang TD Automotive Compressor Co., Ltd. Yantai, Shandong

Production of compressors

50.1

TD Automotive Compressor Georgia, LLC

Pendergrass, Georgia

Production of compressors

77.4

Toyota Textile Machinery (Shanghai) Co., Ltd.

ShanghaiInstallation and servicing of textile machinery

100.0

Toyota Industries Compressor Parts America, Co. Pendergrass, Georgia

Production of compressor parts

100.0

Toyota Industries Electric Systems North America, Inc. Novi, Michigan

Development and sales of electronics products

Jelcz-Laskowice

Production of diesel engines

40.0

Automobile
China
Textile Machinery China

90.0

n Affiliates Accounted for by the Equity Method

Textile Machinery U.S.A.

Toyoda Textile Machinery, Inc.

Charlotte, North Carolina Sales and servicing of textile machinery

100.0

Automobile

OthersToyota Industries North America, Inc.

Columbus, Indiana

100.0

U.S.A.

Toyota Industries Report 2015

North American headquarters

Major Consolidated Subsidiaries

Logistics

Segment
EuropeJapan

Materials
Handling
Equipment*Including indirect investment

Financial Section /Corporate Information*Including indirect investment

PolandToyota Motor Industries Poland Sp. z o.o.

87

Major Production Bases

Investor Information(As of March 31, 2015)

Plant

Location

Main Products

Start of Operations

Kariya Plant

Kariya-shi, Aichi

Textile machinery, compressors

1927

Obu PlantObu-shi, Aichi

Compressor parts

1944

Kyowa Plant

Obu-shi, Aichi

Electronic equipment, automotive press dies, production facilities, engine parts

1953

Nagakusa Plant

Obu-shi, Aichi

Vehicles1967

Corporate Head Office

Stock Exchange Listings

TOYOTA INDUSTRIES CORPORATION
2-1, Toyoda-cho, Kariya-shi, Aichi, 448-8671, Japan
Telephone: +81-(0)566-22-2511
Facsimile: +81-(0)566-27-5650

Tokyo and Nagoya (Ticker Code: 6201)

Number of Shareholders
14,958

Takahama-shi, Aichi

Materials handling equipment, materials handling systems

1970

Date of Establishment

Independent Accountant

Hekinan-shi, Aichi

Diesel engines, gasoline engines

1982

November 18, 1926

Higashichita Plant

Handa-shi, Aichi

Foundry parts, diesel engines

2000

Higashiura Plant

Higashiura-cho, Chita-gun, Aichi Compressor parts

2002

Common Stock

PricewaterhouseCoopers Aarata
Sumitomo Fudosan Shiodome Hamarikyu Bldg.
8-21-1 Ginza, Chuo-ku, Tokyo, 104-0061, Japan

Anjo Plant

Anjo-shi, Aichi

2007

No par value
Authorized: 1,100,000,000 shares
Issued:325,840,640 shares

Transfer Agent
Special Account Management Institution

Electronic equipment(including treasury stock)n Major Plants (Outside Japan)

Mitsubishi UFJ Trust and Banking Corporation
1-4-5, Marunouchi, Chiyoda-ku, Tokyo, 100-8212, Japan

Capital Stock80,462 million yen

Major Shareholders (Top 10)
Number of Shares Held(Thousands)

Percentage of Total
Shares in Issue (%)

Toyota Motor Corporation

76,60023.51

DENSO Corporation

29,647

9.10

Towa Real Estate Co., Ltd.

15,697

4.82

Toyota Tsusho Corporation

15,294

4.69

The Master Trust Bank of Japan, Ltd. <Trust Account>

10,138

3.11

Japan Trustee Services Bank, Ltd. <Trust Account>

7,584

2.33

Name

5
■
8■
9
■
7
■
6
■

10
■

2
3 ■
■
1
■
4
■

11 ■
12
■
13
■

14
■
15
■

Nippon Life Insurance Company

6,580

2.02

Aisin Seiki Co., Ltd.

6,578

2.02

Aioi Nissay Dowa Insurance Co., Ltd.

4,514

1.39

Toyota Industries Corporation Employee Ownership Program

4,266

1.31

176,902

54.29

Total
Company Name

Location

Main Products

Year of Foundation1

Toyota Industrial Equipment Mfg., Inc.

U.S.A.

Columbus, Indiana

Materials handling equipment

1988

2

The Raymond Corporation

U.S.A.

Greene, New York

Materials handling equipment

1922

3

Michigan Automotive Compressor, Inc.

U.S.A.

Parma, Michigan

Compressors

1989

4

TD Automotive Compressor Georgia, LLC

U.S.A.

Pendergrass, Georgia

Compressors

2004

5

BT Products AB

SwedenMjölbyMaterials handling equipment

1946

6

CESAB Carrelli Elevatori S.p.A.

Italy

Bologna

Materials handling equipment

1942

7

Toyota Industrial Equipment, S.A.

FranceAncenisMaterials handling equipment

1995

8

TD Deutsche Klimakompressor GmbHGermany

Bernsdorf

Compressors

1998

9

Toyota Motor Industries Poland Sp. z o.o.

PolandJelcz-Laskowice

Diesel engines

2002

10 Kirloskar Toyota Textile Machinery Pvt. Ltd.

India

Bangalore

Automotive parts, textile machinery

1995

11 Toyota Industry (Kunshan) Co., Ltd.

China

Kunshan, Jiangsu

Automotive parts, materials handling equipment, etc.

1994

12 TD Automotive Compressor Kunshan Co., Ltd.

China

Kunshan, Jiangsu

Compressors

2005

13 Yantai Shougang TD Automotive Compressor Co., Ltd. China

Yantai, Shandong

Compressors

2012

14 P.T. TD Automotive Compressor Indonesia

Indonesia

BekasiCompressors

2011

BrazilSão Paulo

Materials handling equipment

2004

15

88

Country

Toyota Material Handling Mercosur Indústria eComércio de Equipamentos Ltda

Toyota Industries Report 2015

Major Production Bases / Investor Information

Takahama Plant
Hekinan Plant

Financial Section /Corporate Informationn Major Plants (Parent Company)(As of March 31, 2015)

Notes: 1.	Toyota Industries Corporation also holds 11,684 thousand shares of treasury stock but is excluded from the above list.
2. Shares held for the purpose of trust services of respective banks are as follows:		 The Master Trust Bank of Japan, Ltd. (Trust Account)
10,138 (Thousands)
		 Japan Trustee Services Bank, Ltd. (Trust Account)
7,584 (Thousands)

Distribution of Shares
0.7%
3.6%
6.5%
Japanese corporate entities

18.4%

Foreign corporate entities and others

48.2%

Japanese financial institutions
Individuals, etc.
Treasury stock

22.6%

Japanese brokerages

89