Major Developments in Toyota Industries’ History
1920s

1940

1960

Toyoda Automatic Loom Works, Ltd.
(now Toyota Industries Corporation)
established to manufacture andmarket automatic looms invented by
Sakichi Toyoda.

Steel Production Division separates
and becomes Toyoda Steel Works, Ltd.
(now Aichi Steel Corporation).

Shovel loader production starts.

1944

Sakichi Toyoda

Obu Plant starts operations,producing castings.

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1963
Dump truck production starts.
Friction welder production starts.

1949

1964

Spinning frame production starts.

Company stock listed on Tokyo, Osaka,and Nagoya Stock Exchanges.

J-type diesel engine production starts.

Automatic loom patent sold to PlattBrothers & Co., Ltd. of the U.K.

1930s
1933
Automobile Division set up.

1950s
1952
Automobile engine (S-type gasolineengine) production starts.

1967

1934
A-type automobile engine completed.

Nagakusa Plant starts operations,producing small commercial vehicles.

1935

Publica (van) and Mini Ace(automobile) production starts.

Prototype of Model A1 passenger carcompleted.

1953
Kyowa Plant starts operations,producing engines and assembling
automobiles.

1955

1937
Automobile Division separates andbecomes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).

TOYOTA INDUSTRIES CORPORATIONANNUAL REPORT 2002

Publica (van)Electric counterbalanced forklift truck
production starts.

Vehicle Division set up.

1968

1956

Open-end spinning machine
production starts.

Forklift truck production starts.

1959

Toyoda Automatic Loom Type G
invented by Sakichi Toyoda.

Car air-conditioning compressor(CC3A type, CC3B type) production
starts.

1929

Company unveils Model G1 truck at a
new-car-release exhibition in Shibaura,Tokyo.

1924

1960s

1926

FounderSakichi Toyoda was born inShizuoka Prefecture, Japan, in1867. He became an inventor
while still in his teens anddevoted his life to the study
and development of textilemachinery. Starting with awooden handloom, he
subsequently pioneered a
new era in textile machinerywith inventions that included
Japan’s first power loom, thecircular loom and the Toyoda
Automatic Loom Type G.
Sakichi was awarded 84
patents and 35 utility models
in his lifetime and isremembered with pride inJapan as one of the world’s
greatest inventors. We at
Toyota Industries are proud tocarry on the engineering spiritof our illustrious founder.

1940sP-type gasoline engine production
starts.

1970s

1985

1995

1999

1970

Engine Division separates fromVehicle Division.

Vitz (Yaris in Europe) production starts.

Takahama Plant starts operations,producing industrial vehicles.

10PA-type compressor production
starts.

Toyota Industrial Equipment, S.A.
(“TIESA”) established in France as a
joint venture with Toyota Motor
Corporation and Manitou B.F.

1971

1986

7SB-type compressor production
starts.

Corolla (van) production starts.

Company awarded the Deming Prize
for quality control implementation.

B500 electric counterbalanced forklift
truck production starts.

X300 series forklift truck productionstarts.

Kirloskar Toyoda Textile Machinery Ltd.
(“KTTM”) established in India as a joint
venture with the Kirloskar Group.

1CD-type diesel engine productionstarts.

1996

GENEO-B (7FB outside Japan) electriccounterbalanced forklift trucks
introduced.

Divisional organization system
introduced (3 divisions: Textile
Machinery, Industrial Vehicle, andVehicle).
Toyoda-Sulzer Manufacturing Ltd.
established as a joint venture withSulzer Brothers, Ltd. of Switzerland toproduce projectile looms.

1987
Sprinter Cielo (exported as the Collora
Lift Back) production starts.

JAT610 air-jet loom production starts.

Electronics Sub-Division set up.

1974
6P-type compressor production starts.

1977
Swash plate compressor technology
licensed to Chrysler and Ford.
Compressor Division separates fromTextile Machinery Division.

1978
Starlet (automobile) production starts.

RX100 ring spinning frame
production starts.

1989
Michigan Automotive Compressor, Inc.
(“MACI”) established in Jackson,Michigan, U.S., as a joint venture with
DENSO Corporation.

1990s
Aerial work platform production starts.

1980s
1980
JA-type air-jet loom production starts.

1990
Sprinter Carib (automobile; exportedas the Corolla Wagon) productionstarts.
Company receives 1990 PM Excellent
Plant Award.

1992

1981
10P-type compressor production starts.

Hekinan Plant starts operations,producing automobile diesel engines.

LW600 series water-jet loom
production starts.
RX240 ring spinning frame
production starts.

Company acquires BT Industries AB ofSweden, a world-leading
manufacturer of warehouse trucks.

1997

2UZ-type gasoline engine production
starts.

Compressor production at Kariya Plant
reaches 100 million units.
6SE-type compressor production starts.

Higashichita Plant starts operations,producing foundry parts.

ST Liquid Crystal Display Corp.
(“ST-LCD”) established as a joint
venture with Sony Corporation.

1998
TD Deutsche Klimakompressor GmbH(“TDDK”) established in Germany as ajoint venture with DENSO Corporation
to produce car air-conditioningcompressors.
GENEO (7FG/D outside Japan) internal
combustion counterbalanced forklift
trucks introduced.

2001
GENEO-R (7FBR outside Japan) reachtruck production starts.
Company takes over the industrial
equipment sales division of Toyota
Motor Corporation.

Production starts on automatedstorage and retrieval systems.

TOYOTA Material Handling Company
established as an in-house company.

JAT600 air-jet loom production starts.

RAV4 (SUV) production starts.

1993

bB Open Deck (automobile)
production starts.

RX200 ring spinning frame productionstarts.

X500 series internal combustion
counterbalanced forklift truck
production starts.

Production starts on C-type diesel
engines for small passenger cars.

2000

Materials Handling System Division
set up.

1994

1982

2000s

1988
Toyota Industrial Equipment Mfg., Inc.
(“TIEM”) established in Columbus,
Indiana, U.S., as a joint venture with
Toyota Motor Corporation.

Company takes over water-jet loom
business from Nissan Texsys Co., Ltd.

TIBC Corporation (“TIBC”) established
as a joint venture with Ibiden Co., Ltd.
(“Ibiden”) to produce plastic package
substrates for IC chipsets.
10S-type compressor production starts.

Toyota Industry (Kunshan) Co., Ltd.
(“TIK”) established in China as a joint
venture with Toyota Tsusho
Corporation and Lioho MachineWorks, Ltd.

Name changed to Toyota Industries
Corporation.

2002
Company reorganizes theheadquarters into the Corporate
Center and the Business SupportCenter.

R500 reach truck production starts.

TOYOTA INDUSTRIES CORPORATIONANNUAL REPORT 2002

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