Contents
Inside coverCorporate Philosophy

12—5
6—7
8
9—15
16—24
16—19

Contents

20—24

Outline of Businesses
Message from the Chairman and President
Financial Highlights
Top Interview
Special Features
1 —Product Development Exploiting Combined■Strengths of Diverse Businesses—
Development of New Lift Trucks Fitted withEngines Having Significantly Greater
Environmental Performance
2 —Contributing to Customers’ Businesses with■
Advanced Technologies and Services—
Toyota Industries’ Air-Jet Looms Undergoing
Evolution Together with Customers Worldwide

Business Activities

26—31
32—37
32—33
33—34
34—36
36—37
38—39
40

Materials Handling EquipmentAutomobileVehicle
EngineCar Air-Conditioning Compressor
Car Electronics

Logistics
Textile Machinery

Corporate Social Responsibility

4243—49
50—51
52—54
55
56

CSR Policy

57—58

Relationship with Our Local Communities

Environmental Initiatives

60
61
62—63
64—65
66
67—68
69
70

Vision for Environmental Activities
Structure to Implement Environmental
Management
Fifth Environmental Action Plan
Establishing a Low-Carbon Emission Society
Establishing a Recycling-Based Society
Reducing Environmental Risk and Establishinga Society in Harmony with Nature
Environmental Management
Environmental Impact Flow andEnvironmental Accounting

Financial Section / Corporate Information

72—80
72—73
74—75
76
77
78—79
80
81—85
81
82—83
8485

Financial Section
Consolidated Eleven-Year Summary
Consolidated Balance Sheets
Consolidated Statements of Income
Consolidated Statements of Comprehensive Income
Consolidated Statements of Changes in Net Assets
Consolidated Statements of Cash Flows

Corporate Information
Board of Directors, Audit & Supervisory Board		 Members and Managing Officers
Major Consolidated Subsidiaries
Major Production Bases
Investor Information

Corporate Governance
Relationship with Our Customers
Relationship with Our Associates
Relationship with Our Business Partners
Relationship with Our Shareholders andInvestors

Cautionary Statement with Respect to Forward-Looking Statements
This report contains projections and other forward-looking statements that involve risks and uncertainties. The use of the words “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 andestimates of the Toyota Industries Group regarding its plans, outlook, strategies and results for the future. All such projections and forward-looking statements are based on
management’s assumptions and beliefs derived from the information available at the time of producing this report and are not guarantees of future performance. Toyota Industries
undertakes no obligation to publicly update or revise any forward-looking statements in this report, whether as a result of new information, future events or otherwise. Therefore, itis advised that you should not rely solely upon these projections and forward-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 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 allianceswith other companies, (9) exchange rate fluctuations, (10) share price fluctuations, (11) effects of disasters, power blackouts and other incidents, (12) latent risks associated withinternational activities and (13) retirement benefit liabilities.

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