At a Glance
Automobile Segment

Toyota Industries is actively engaged in numerous businessspheres extending from the Textile Machinery Segment, abusiness we have undertaken since our founding, to corebusinesses that encompass the Automobile Segment and theMaterials Handling Equipment Segment. Additionally, theProducts• Passenger vehicles• Diesel engines• Gasoline engines• Car air-conditioning compressors• Electronic components for automobiles

49.6%• Foundry parts for engines

Vitz (Yaris)

2ADDiesel engine• Automotive stamping dies, etc.

7SEU17

Percentage of Net Sales

Materials Handling
Equipment Segment

DC-DC converter

Compressor

Products• Counterbalanced lift trucks• Warehouse trucks• Aerial work platforms• Automated storage and retrieval systems

40.6%• Automatic guided vehicles, etc.

GENEO-B (7FB15)
Electric counterbalanced
lift truck

Percentage of Net Sales

Textile Machinery
Segment

Reflex

SE08B

Reach truck

Truck mount aerial
work platform

Products• Ring spinning frames• Roving frames

3.5%• Drawing frames• Air-jet looms• Water-jet looms• Sizing machines, etc.
RX240NEW

Ring spinning frame

JAT710Air-jet loomPercentage of Net Sales

Others Segment

Products• Low-temperature polysilicon TFT-LCDs• Wire bonding package substrates

6.3%• Flip chip package substrates• Flexible printed circuit (FPC) substrates• Logistics solutions• Manufacturing equipment, etc.
Low-temperaturepolysilicon
TFT-LCDs

Percentage of Net Sales

12TOYOTA INDUSTRIES CORPORATION Annual Report 2005

Wire bondingpackagesubstrate

FPC substrate

Others Segment comprises businesses that we envision aspillars of our future growth. In essence, Toyota Industries is aconglomerate embracing diverse businesses, each with clearlydelineated core businesses. By strategically and organicallyfusing parallel technologies, production know-how and customer

bases, we aim to create new value added that allows ouroverall corporate value to exceed the simple sum of individual
businesses.
Note: Segment net sales figures do not include intersegment transactions. However, segment operating income
figures do include operating income (loss) arising from intersegment transactions.

The Automobile Segment, comprising vehicles (automobile assembly), engines, car air-conditioning
compressors, foundry parts for engines, electronic components for automobiles and automotive
stamping dies, is Toyota Industries’ largest business segment, generating 49.6% of consolidated
net sales. Within this segment, the Vehicle Business manufactures the Vitz (Yaris in Europe) andRAV4 (for Europe and North America); the Engine Business produces diesel and gasoline engines
as well as materials handling equipment engines and engines for gas heat pumps; and the Car
Air-Conditioning Compressor Business develops and produces swash-plate fixed-displacement
compressors, one-way swash-plate continuous variable-displacement compressors and scroll-type
compressors. We supply these compressors to the world’s leading automakers through DENSO
Corporation. In fiscal 2005, net sales of the Automobile Segment were ¥616.2 billion and operating
income amounted to ¥22.8 billion.

Net sales

Operating income(¥ Billion)(¥ Billion)

750

75500

50250

250FY

The Materials Handling Equipment Segment involves lift trucks and other materials handlingequipment. Its mainstay products are the GENEO (7FG/D outside Japan) internal combustion
counterbalanced lift truck, the GENEO-B (7FB outside Japan) electric counterbalanced lift truck,warehouse trucks, automated storage and retrieval systems, and automatic guided vehicle systems.
This segment is composed mainly of TOYOTA Material Handling Company, an in-house companyof Toyota Industries, as well as the BT Industries Group and Aichi Corporation, which captures
a high share of the domestic market for aerial work platforms. In fiscal 2005, net sales of theMaterials Handling Equipment Segment totaled ¥504.0 billion. Operating income amounted to¥26.1 billion.

04

FY05

Operating income(¥ Billion)

600

60

400

40200

200405

0FY0405

Net sales

Operating income (loss)(¥ Billion)(¥ Billion)

60

640

420200(20)FY* As STLCD is an affiliate and not a consolidated subsidiary, its sales and operating income (loss) are not included in the consolidated figures,
but are accounted for by the equity method.
** Starting in fiscal 2006 (ending March 2006), this business will be separated and function as the Logistics Segment.

0(¥ Billion)FY

The Others Segment is made up primarily of our newer businesses. Although still small in size,
this segment includes strategic businesses with promising potential as pillars of future growthsuch as the Electronics Business and Logistics Solutions Business. The two entities heading up theElectronics Business are ST Liquid Crystal Display Corp. (STLCD)*, a joint venture with Sony
Corporation that produces low-temperature polysilicon TFT-LCDs, and TIBC Corporation, a joint
venture with Ibiden Co., Ltd. that produces semiconductor package substrates. This segment is also
engaged in the Logistics Solutions Business**, which handles all phases of logistics for companies
on an outsourced basis. In fiscal 2005, net sales of the Others Segment totaled ¥77.4 billion.
Operating income was ¥5.2 billion.

05

Net sales

0The Textile Machinery Segment produces and sells spinning and weaving machinery. Spinningmachinery includes the manufacture and sales of ring spinning frames, roving frames and combingmachines, while weaving machinery entails the manufacture and sales of air-jet looms and water-jet
looms along with such preparatory machinery for weaving as sizing machines and automatic
drawing-in machines. In fiscal 2005, net sales of the Textile Machinery Segment amounted to ¥43.9billion. Conversely, the segment posted an operating loss of ¥0.8 billion.

040405(2)
FY0405Net sales

Operating income(¥ Billion)(¥ Billion)

80

86064042020FY

04050FY

0405TOYOTA INDUSTRIES CORPORATION Annual Report 200513