FINANCIAL RESULTS
FY2021(April 1, 2020 through March 31, 2021)

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 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 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 corporationand its Group companies undertake no obligation to publicly update or revise any forward-looking statements, whether as aresult of new information, future events or otherwise. Therefore, it is advised that you should not rely solely upon theseprojections 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 Corporation and its Group companies to differ materiallyfrom any projections or forward-looking statements discussed in this report. These risks and uncertainties include, but are notlimited 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.

April 28, 2021

FY2021 Consolidated Financial Results<IFRS>(April 1, 2020 - March 31, 2021)
TOYOTA INDUSTRIES CORPORATION
Stock exchange listings: Tokyo and Nagoya (Code number: 6201) (URL: https://www.toyota-industries.com/ )Representative person: Akira Onishi, President, Member of the Board
Contact person: Akihiro Oiwa, General Manager of Accounting Department(Tel. +81-(0)566-22-2511)

The expected date of the Ordinary General Meeting of Shareholders: June 10, 2021
The expected date of submission of the securities report (Japanese only): June 18, 2021
The expected date of dividends payment: May 26, 2021
Additional documents to supplement financial results: Yes
IR presentation: Yes (For analysts and professional investors)(Amounts less than one million yen are omitted)
1. Financial Highlights for FY2021 (April 1, 2020 - March 31, 2021)(1) Consolidated Financial Results(% : changes from the same period of the previous fiscal year)
Net sales
Million yen

Profit before
income taxes

Operating profit

Profit attributable
Comprehensive
to owners of theincomeparentProfit%Million yen%

Million yen%

Million yen%

Million yen%

Million yen%

FY20212,118,302 (2.4)

118,159(7.9)

184,011(6.3)

141,435(5.8)

136,700(6.3)

854,098－

FY20202,171,355 (2.0)

128,233(4.8)

196,288(2.9)

150,187(6.0)

145,881(4.5)

10,474－

Earnings
per share－basic

Earnings
per share－diluted

Yen

Return on equity
attributable to ownersof the parent

Yen

Profit before tax tototal assets%

Operating profit
to net sales%%

FY2021440.28

－

4.8

3.1

5.6

FY2020469.85

－

5.9

3.7

5.9

(Note) Share of profit (loss) of investments accounted for by the equity method
FY2021 ― 1,682 million yen,

FY2020 ― 1,472 million yen(2) Consolidated Financial Position

Total assets

Total equity

Million yen

Ratio of equity
Equity attributable toEquity attributable to attributable to owners
owners of the parent
owners of the parent of the parent to total
per share
assetsMillion yen

Million yen%

Yen

FY2021

6,503,986

3,322,550

3,236,038

49.8

10,422.64

FY20205,279,653

2,520,537

2,438,807

46.2

7,854.87(3) Consolidated Cash flows
Cash flows fromoperating activities
Million yen

Cash flows frominvesting activities

Cash flows fromfinancing activities

Million yen

Million yen

Cash and cash equivalents
at the end of year
Million yen

FY2021

382,386(404,164)(105,477)

238,248

FY2020313,199(182,598)(7,094)358,144

2. Cash Dividends

Annual cash dividends per share
1st
Quarter

2nd
Quarter

3rd
Quarter

4th
Quarter

FY Total

Total amountof annual
cash dividends

Yen

Yen

Yen

Yen

Yen

Million yen

Dividend on
equityattributable toowners of theparentDividend
payout ratio%%

FY2020

－

80.00

－

80.00

160.0049,67734.1

2.0

FY2021

－

70.00

－

80.00

150.0046,57234.1

1.6

FY2022(Forecast)

－

80.00

－

90.00

170.0033.0

3. Forecasts of Consolidated Financial Results for FY2022 (April 1, 2021 - March 31, 2022)(% : changes from the same period of the previous fiscal year)
Net sales
Million yen

FY20222,300,000

Profit before
income taxes

Operating profit%

8.6

Million yen

150,000%

26.9

Million yen

215,000

Profit attributable toowners of the parent%

16.8

Million yen

160,000

Earnings
per share－basic

%

17.0

Yen

515.33

4. Others(1) Changes in major subsidiaries (specified subsidiaries that changed the scope of consolidation) : No
(2) Changes in accounting policies and accounting estimates(i) Changes in accounting policies required by IFRS : Yes(ii) Changes other than (i) : No(iii) Changes in accounting estimates : No
(3) Issued and outstanding capital stock(i) Number of shares outstanding at end of each period (including treasury stock):
FY2021 －325,840,640 shares, FY2020 －325,840,640 shares(ii) Number of treasury stock outstanding at end of each period:
FY2021 －15,358,862 shares, FY2020 －15,357,028 shares(iii) Average number of shares outstanding for each period (accumulated):
FY2021 －310,482,886 shares, FY2020 －310,484,403 shares* These financial results are not subject to audits by certified public accountants or auditing firms.
* 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 notguarantees 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 105 yen to the U.S. dollar and 125 yen to the euro for
FY2022.
- Please see page 4 on attached documents for details on performance forecasts in "Future Outlook".

Attached documents－Contents

1. Business Results ...............................................................................................................................................

2(1) Overview on Consolidated Business Results ...................................................................................................

2(2) Overview on Consolidated Financial Condition ................................................................................................

3(3) Overview on Cash Flows ..................................................................................................................................

3(4) Future Outlook ..................................................................................................................................................

4

2. Basic Rationale for Selection of Accounting Standards ...........................................................................

5

3. Consolidated Financial Statements and main notes .................................................................................

6(1) Consolidated Statement of Financial Position ..................................................................................................

6(2) Consolidated Statement of Profit or Loss and Consolidated Statement of Comprehensive Income ................

8(3) Consolidated Statement of Changes in Equity .................................................................................................

10(4) Consolidated Statement of Cash Flows ............................................................................................................

12(5) Note on Consolidated Financial Statements .....................................................................................................

14(Note on Premise of Going Concern) ................................................................................................................

14(Changes in Accounting Policies) ......................................................................................................................

14(Segment Information) .......................................................................................................................................

15(Earnings per Share) ..........................................................................................................................................

17(Subsequent Events) ..........................................................................................................................................

17

―1―

1. Business Results(1) Overview on Consolidated Business Results
In FY2021 (ended March 31, 2021), the global economy contracted sharply due to the spread of COVID-19. However,
the economy has bottomed out and begun to recover moderately thanks to such factors as the recuperating Chinese
economy and underlying economic policies in respective countries. Although negatively affected by the declaration of astate of emergency, the Japanese economy is beginning to witness a moderate recovery as a result of a growth inexports mainly to China and robust consumer spending. In this operating environment, Toyota Industries undertook
efforts to ensure customer trust through a priority to quality as well as to respond flexibly to market trends.
Total consolidated net sales amounted to 2,118.3 billion yen, a decrease of 53.0 billion yen, or 2%, from the previous
fiscal year.
Operating results by business segment are as follows.
The Automobile market shrank overall, although recovered in China. Amid such operating conditions, net sales of theAutomobile Segment totaled 591.6 billion yen, a decrease of 22.2 billion yen, or 4%.
Within this segment, net sales of the Vehicle Business amounted to 88.3 billion yen, a decrease of 1.6 billion yen, or
2%, owing to an increase in sales of RAV4 for Japan offset by a decrease abroad.
Net sales of the Engine Business totaled 139.9 billion yen, an increase of 1.4 billion yen, or 1%, due to an increase insales of foundry products, despite a decrease in sales of GD diesel engines and M20A gasoline engines.
Net sales of the Car Air-Conditioning Compressor Business totaled 301.6 billion yen, a decrease of 26.6 billion yen, or
8%, due primarily to a decrease of sales in North America and Europe.
Net sales of the Electronics Parts and Others Business totaled 61.6 billion yen, an increase of 4.5 billion yen, or 8%,
due to an increase in sales of on-board chargers.
The Materials Handling Equipment market recovered globally, led by China. Amid this operating climate, net sales ofthe Materials Handling Equipment Segment totaled 1,431.4 billion yen, on par with the previous fiscal year. Sales of lift
trucks, a mainstay product of this segment, decreased primarily in Europe and North America although net sales oflogistics solutions business increased.
The Textile Machinery market remained severe in general. Net sales of the Textile Machinery Segment totaled 40.8
billion yen, a decrease of 20.9 billion yen, or 34%, due mainly to a decrease in sales of weaving machinery and yarn
quality measurement instruments.

In terms of overall profit, despite further advances in cost reduction efforts throughout the Toyota Industries Group,
due mainly to a decrease in net sales and an increase in labor cost, Toyota Industries posted consolidated operating
profit of 118.1 billion yen, a decrease of 10.1 billion yen, or 8%, from the previous fiscal year and profit before income
taxes of 184.0 billion yen, a decrease of 12.2 billion yen, or 6%. Profit attributable to owners of the parent totaled 136.7
billion yen, a decrease of 9.1 billion yen, or 6%.
From these financial results, "the Electronics Parts, Foundry and Others Business" has been renamed as "theElectronics Parts and Others Business", while foundry products and others included in "the Electronics Parts, Foundry
and Others Business" have been reclassified into "the Engine Business" and "the Car Air-Conditioning Compressor
Business". Figures for FY2020 have also been reclassified.

―2―

(2) Overview on Consolidated Financial Condition
Assets amounted to 6,503.9 billion yen, an increase of 1,224.3 billion yen from the end of the previous fiscal year, due
mainly to an increase in fair value of investment securities. Liabilities amounted to 3,181.4 billion yen, an increase of422.3 billion yen from the end of the previous fiscal year. This was primarily because of an increase in deferred tax
liabilities. Equity amounted to 3,322.5 billion yen, an increase of 802.0 billion yen from the end of the previous fiscal
year.

(3) Overview on Cash FlowsNet cash provided by operating activities was 382.3 billion yen in FY2021, due to posting profit before income taxes of
184.0 billion yen, and depreciation and amortization of 209.8 billion yen. Net cash provided by operating activities
increased by 69.2 billion yen compared to that of 313.1 billion yen in the previous fiscal year.
Net cash used in investing activities was 404.1 billion yen in FY2021, attributable primarily to payments for bankdeposits of 929.9 billion yen and payments for purchases of property, plant and equipment of 222.3 billion yen, which
offset proceeds from withdrawals of bank deposits of 752.4 billion yen. Net cash used in investing activities increased
by 221.6 billion yen compared to that of 182.5 billion yen in the previous fiscal year.
Net cash used in financing activities was 105.4 billion yen in FY2021, due mainly to repayments of long-term loans
payable of 99.1 billion yen and repayments of corporate bonds of 84.5 billion yen, which outweighed proceeds fromlong-term loans payable of 182.2 billion yen. Net cash used in financing activities increased by 98.4 billion yen
compared to that of 7.0 billion yen in the previous fiscal year.
After adding translation adjustments and cash and cash equivalents at beginning of period, cash and cash
equivalents as of March 31, 2021 stood at 238.2 billion yen, a decrease of 119.9 billion yen, or 33%, from the end of theprevious fiscal year.

―3―(4) Future Outlook
COVID-19 has induced dramatic changes affecting people's daily lives, including the widespread adoption of
teleworking and online communications as well as the expanded use of e-commerce. In the political, economic andtechnological areas as well, changes are occurring at an accelerated pace such as the spread of nationalism, a gaining
momentum for realizing a carbon-neutral society and advancements in digitalization.
In the markets for Automobile and Materials Handling Equipment, both of which constitute core businesses of Toyota
Industries, competition among companies is intensifying, triggered by advancements in the fields of electrification andautonomous driving, new entries that leverage digital technologies, and the transformation of the industrial structure. In
addition, with a global supply shortage of semiconductors exposing potential risks and vulnerability in the supply chain
as well as other factors, the environment surrounding Toyota Industries precludes optimism.
Toyota Industries forecasts consolidated net sales of 2,300.0 billion yen, operating profit of 150.0 billion yen, profit
before income taxes of 215.0 billion yen and profit attributable to owners of the parent of 160.0 billion yen. By segment,
we forecast net sales of 738.0 billion yen in the Automobile Segment and 1,470.0 billion yen in the Materials Handling
Equipment Segment.
Our projections are based on exchange rates of 105 yen to the U.S. dollar and 125 yen to the euro for FY2022.

―4―

2. Basic Rationale for Selection of Accounting Standards
Toyota Industries adopted International Financial Reporting Standards ("IFRS") for its consolidated financial
statements from the fiscal year ending on March 31, 2017.

―5―

3. Consolidated Financial Statements and main notes(1) Consolidated Statement of Financial Position(Millions of yen)

AssetsCurrent assets
Cash and cash equivalents
Time deposits with deposit terms ofover three months
Trade receivables and other receivables
Other financial assets
Inventories
Income tax receivables
Other current assets
Total current assets
Non-current assets
Property, plant and equipment
Goodwill and intangible assets
Trade receivables and other receivables
Investments accounted for by the equity method
Other financial assets
Net defined benefit assets
Deferred tax assets
Other non-current assets
Total non-current assets
Total assets―6―

FY2020(As of March 31, 2020)

FY2021(As of March 31, 2021)

358,144

238,248

175,216

353,864

867,088
5,273
255,738
13,75664,664
1,739,883

962,270
5,947
292,461
22,63072,658
1,948,081

991,195
354,701
4,123
10,9912,120,298
22,54730,877
5,034
3,539,770
5,279,653

1,043,405
363,449
3,519
16,812
3,051,702
33,997
37,615
5,401
4,555,904
6,503,986

(Millions of yen)

Liabilities and Equity
Liabilities
Current liabilities
Trade payables and other payables
Corporate bonds and loans
Other financial liabilities
Accrued income taxes
Provisions
Other current liabilities
Total current liabilities
Non-current liabilities
Corporate bonds and loans
Other financial liabilities
Net defined benefit liabilities
Provisions
Deferred tax liabilities
Other non-current liabilities
Total non-current liabilities
Total liabilities
EquityShare of equity attributable to owners of the parent
Capital stock
Capital surplus
Retained earnings
Treasury stock
Other components of shareholders' equity
Total share of equity attributable to owners of the parent
Non-controlling interests
Total equity
Total liabilities and equity―7―

FY2020(As of March 31, 2020)

FY2021(As of March 31, 2021)

519,330
329,143
75,382
20,435
10,30019,721
974,314613,579435,238
78,67322,786
13,343
24,617
1,188,239

1,010,627
85,833
101,784
7,764
556,880
21,911
1,784,801
2,759,115

910,124
88,364
104,900
10,225
854,644
24,937
1,993,196
3,181,436

80,462
103,515
1,267,521(59,307)
1,046,614
2,438,807
81,7302,520,537
5,279,653

80,462
102,307
1,369,775(59,321)
1,742,814
3,236,038
86,511
3,322,550
6,503,986

(2) Consolidated Statement of Profit or Loss andConsolidated Statement of Comprehensive Income
Consolidated Statement of Profit or Loss
(Millions of yen)
FY2020(April 1, 2019 March 31, 2020)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Other income
Other expenses
Operating profit
Financial income
Financial expenses
Share of profit (loss) of investments accounted forby the equity method
Profit before income taxes
Income taxes
ProfitProfit attributable to:
Owners of the parent
Non-controlling interests

Earnings per share
Earnings per share－basic (yen)Earnings per share－diluted (yen)―8―

FY2021(April 1, 2020 March 31, 2021)

2,171,355(1,664,923)
506,432(381,473)
18,890(15,615)
128,233
74,864(8,283)

2,118,302(1,627,894)
490,407(374,648)
18,956(16,555)
118,159
73,999(9,830)

1,472

1,682

196,288(46,101)
150,187

184,011(42,576)
141,435

145,881
4,305

136,700
4,735

469.85－440.28－

Consolidated Statement of Comprehensive Income(Millions of yen)
FY2020(April 1, 2019 March 31, 2020)
ProfitOther comprehensive income:Items not to be reclassified into profit or loss
Net changes in revaluation of FVTOCI financial assets
Remeasurements of defined benefit plans
Other comprehensive income of affiliates accounted forby the equity method
Total items not to be reclassified into profit or loss
Items that can be reclassified into profit or loss
Translation adjustments of foreign operations
Cash flow hedges
Other comprehensive income of affiliates accounted forby the equity method
Total items that can be reclassified into profit or loss
Total other comprehensive income
Comprehensive income
Total comprehensive income attributable to:
Owners of the parent
Non-controlling interests―9―

FY2021(April 1, 2020 March 31, 2021)

150,187

141,435(96,064)(7,576)642,254
12,438(11)

27(103,653)

654,719(37,056)
1,252

57,210
154

(256)

578

(36,060)(139,713)
10,47457,943
712,662854,098

8,848
1,626

845,026
9,072

(3) Consolidated Statement of Changes in Equity(Millions of yen)
Share of equity attributable to owners of the parent
Other components ofshareholders' equity
Capitalstock

CapitalsurplusRetainedearnings

Treasurystock

Net changes in
Remeasurements
revaluation ofof defined benefit
FVTOCI financial
plans
assets80,462

103,507

1,178,773(59,297)

1,234,370

－

－

－

(80)

－

－

－

80,462

103,507

1,178,693(59,297)

1,234,370－

Profit－－145,881－－－

Other comprehensive income

－

－

－

－

(95,896)(7,630)

Balance as of April 1, 2019
Effects of changes in accounting policies
Restated balance as of April 1, 2019－－

145,881－(95,896)(7,630)

Repurchase of treasury stock

－

－

－

(9)

－

－

Disposal of treasury stock

－

0

－

0

－

－

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings－－(49,677)

－

－

－

－

7

－

－

－

－

－

－

－

－

－

－

－

－

(7,376)

－

(254)

7,630

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－

7(57,053)

(9)

(254)

7,630

Balance as of March 31, 2020

80,462

103,515

1,267,521(59,307)

1,138,219－

Profit－－136,700－－－

Other comprehensive income

－

－

－

－

641,463

12,128

Total comprehensive income－－

136,700－

641,463

12,128

Repurchase of treasury stock

－

－

－

(14)

－

－

Disposal of treasury stock

－

0

－

0

－

－

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings－－(46,572)

－

－

－

－

(1,208)

－

－

－

－

－

－

－

－

－

－

－

－

12,126－2(12,128)

Total comprehensive income

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－(1,208)(34,445)(14)

2(12,128)

Balance as of March 31, 2021

80,462

102,307

1,369,775(59,321)

1,779,685－― 10 ―

(Millions of yen)
Share of equity attributable to owners of the parent
Other components of shareholders' equity
Translation
adjustmentsof foreign
operations
Balance as of April 1, 2019
Effects of changes in accounting policies
Restated balance as of April 1, 2019
ProfitOther comprehensive income
Total comprehensive income

Cash flow
hedges

Total

Total

Non-controllinginterests

Total equity

2,561,936(58,903)804

1,176,272

2,479,718

82,218

－

－

－

(80)

－

(80)

(58,903)804

1,176,272

2,479,638

82,2182,561,856－－－

145,8814,305

150,187(34,758)

1,252(137,033)(137,033)(2,679)(139,713)(34,758)

1,252(137,033)

8,848

1,626

10,474

Repurchase of treasury stock

－

－

－

(9)

－

(9)

Disposal of treasury stock

－

－

－

0

－

0

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings

－

－

－

(49,677)(2,123)(51,801)

－

－

－

7

9

17

－

－

－

－

－

－

－

－

7,376

－

－

－

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners

－

－

7,376

(49,679)(2,114)(51,793)

Balance as of March 31, 2020

(93,662)

2,057

1,046,614

2,438,807

81,7302,520,537－－－

136,700

4,735

141,435

54,579154

708,326

708,326

4,336

712,662

54,579154

708,326

845,026

9,072

854,098

Repurchase of treasury stock

－

－

－

(14)

－

(14)

Disposal of treasury stock

－

－

－

0

－

0

Dividends
Changes in ownership interest of
subsidiaries
Changes in non-controlling interests as aresult of change in scope of consolidation
Reclassified into retained earnings

－

－

－

(46,572)(1,627)(48,200)－－－(1,208)(2,662)(3,871)

－

－

－

－

－

－

－

－

(12,126)－－－

Other increases (decreases)

－

－

－

－

－

－

Total transactions with owners－－(12,126)(47,794)(4,290)(52,085)

Balance as of March 31, 2021

(39,082)2,211

1,742,814

3,236,038

86,511

3,322,550

ProfitOther comprehensive income
Total comprehensive income― 11 ―

(4) Consolidated Statement of Cash Flows(Millions of yen)
FY2020(April 1, 2019 March 31, 2020)
Cash flows from operating activities:
Profit before income taxes
Depreciation and amortization
Impairment losses
Interest and dividends income
Interest expenses
Share of (profit) loss of investments accounted forby the equity method(Increase) decrease in inventories(Increase) decrease in trade receivables andother receivables
Increase (decrease) in trade payables and otherpayablesOthersSubtotalInterest and dividends income received
Interest expenses paid
Income taxes paid
Net cash provided by operating activities
Cash flows from investing activities:
Payments for purchases of property, plant andequipment
Proceeds from sales of property, plant andequipment
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
Payments for loans madeProceeds from collection of loans
Payments for bank deposits
Proceeds from withdrawals of bank deposits
Payments for transfer of businesses
OthersNet cash used in investing activities― 12 ―FY2021(April 1, 2020 March 31, 2021)

196,288
208,3122,496(74,152)
5,966

184,011
209,839
3,008(72,429)5,430(1,472)(1,682)(20,204)(20,673)(55,601)(40,035)

24,18573,868(1,806)
284,01174,379(6,036)(39,154)
313,199

26,205367,543
72,881(5,433)(52,605)
382,386(216,002)(222,360)

14,837

16,200(2,685)2,129(4,455)
3(1,280)

(714)

(844)
1,501
(547,601)
594,756(5,903)(21,506)(182,598)(1,107)
1,033(929,999)
752,408(901)(14,269)(404,164)

(Millions of yen)
FY2020(April 1, 2019 March 31, 2020)
Cash flows from financing activities:
Payments for acquisition of subsidiaries' stock
not resulting in change in scope of consolidation
Proceeds from sales of subsidiaries' stock notresulting in change in scope of consolidation
Net Increase (decrease) in short-term loans
payable (within three months)
Proceeds from short-term loans payable(over three months)
Repayments of short-term loans payable(over three months)
Proceeds from long-term loans payable
Repayments of long-term loans payable
Proceeds from issuance of corporate bonds
Repayments of corporate bonds
Payments for repurchase of treasury stock
Cash dividends paid
Cash dividends paid to non-controlling interests
OthersNet cash 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
periodCash and cash equivalents at end of period― 13 ―FY2021(April 1, 2020 March 31, 2021)(329)(5,602)

227

929

3,359

(13,507)61,75964,349(24,620)(65,989)

183,142(122,901)
76,255(93,896)(9)(49,677)(2,123)(38,280)(7,094)

182,295(99,189)
47,038(84,589)(14)(46,572)(1,627)(82,996)(105,477)(4,502)

7,359

119,003(119,896)

239,140

358,144

358,144

238,248

(5) Note on Consolidated Financial Statements(Note on Premise of Going Concern) : No
(Changes in Accounting Policies)
Effective from FY2021, Toyota Industries adopted Interest Rate Benchmark Reform amendments to IFRS 9, IAS 39
and IFRS 7 (issued in September 2019).

― 14 ―

(Segment Information)
FY2020 (April 1, 2019 - March 31, 2020)(Millions of yen)

Sales
Outside customer
sales
Inter-segment
transactions
Total

Automobile

Materials
Handling
Equipment

TextileMachinery

Others(Note 2)

Total
(Note 1)

613,886

1,436,396

61,75659,316

2,171,355－

2,171,355

25,6362,142

202

28,79856,781(56,781)－639,523

1,438,538

61,95988,1152,228,137(56,781)

2,171,355

Adjustments Consolidated(Note 3)(Note 4)

Segment profit (loss)

17,290102,246

2,942

5,944

128,423(189)

128,233

Segment assets

569,873

1,947,476

51,680217,747

2,786,778

2,492,875

5,279,653

Financial income

74,864

Financial expenses(8,283)

Share of profit (loss) ofinvestments accounted
for by the equity
methodProfit before income
taxes(Notes)1,472

196,288

1. Main products and services of each segment
Automobile................................ Vehicles, diesel and gasoline engines, car air-conditioning compressors,
electronics components, foundry parts for engines
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems,
aerial work platforms, logistics solutions, sales financing businessTextile machinery...................... Weaving machinery, spinning machinery, instruments for yarn testing andcotton classing
2. "Others" represents businesses not included in the reporting segments, and its primary service is the landtransportation.
3. Breakdown of adjustments(189) million yen included in "Adjustments" for "Segment profit" is inter-segment transactions.
"Adjustments" for "Segment assets" includes corporate assets.
Corporate assets mainly consist of the Company's cash and deposits as well as marketable securities andinvestment securities.
4. "Segment profit" reconciles to operating profit disclosed in the consolidated statement of profit or loss.

― 15 ―

FY2021 (April 1, 2020 - March 31, 2021)(Millions of yen)

Sales
Outside customer
sales
Inter-segment
transactions
Total
Segment profit (loss)
Segment assets
Financial income
Financial expenses
Share of profit (loss) ofinvestments accounted
for by the equity
methodProfit before income
taxes(Notes)Automobile

Materials
Handling
Equipment

TextileMachinery

Others(Note 2)

Total
(Note 1)

591,673

1,431,455

40,85054,322

2,118,302－

2,118,302

23,235

1,332

275

26,61051,454(51,454)－614,909
4,786
660,944

1,432,788
109,984
2,078,219

41,125(1,125)54,20380,933
4,489
193,688

2,169,756
118,134
2,987,055(51,454)25
3,516,930

2,118,302
118,159
6,503,986
73,999(9,830)Adjustments Consolidated(Note 3)(Note 4)

1,682

184,011

1. Main products and services of each segment
Automobile................................ Vehicles, diesel and gasoline engines, car air-conditioning compressors,
electronics components, foundry parts for engines
Materials handling equipment... Lift trucks, warehouse trucks, automated storage and retrieval systems,
aerial work platforms, logistics solutions, sales financing businessTextile machinery...................... Weaving machinery, spinning machinery, instruments for yarn testing andcotton classing
2. "Others" represents businesses not included in the reporting segments, and its primary service is the landtransportation.
3. Breakdown of adjustments
25 million yen included in "Adjustments" for "Segment profit" is inter-segment transactions.
"Adjustments" for "Segment assets" includes corporate assets.
Corporate assets mainly consist of the Company's cash and deposits as well as marketable securities andinvestment securities.
4. "Segment profit" reconciles to operating profit disclosed in the consolidated statement of profit or loss.

― 16 ―

(Earnings per Share)(1) Basis of calculation for basic earnings per share(i) Profit attributable to owners of the parent(Millions of yen)
FY2020(April 1, 2019 March 31, 2020)
Profit attributable to owners of common stock of the parent

145,881

FY2021(April 1, 2020 March 31, 2021)
136,700(ii) Weighted-average shares of common stock(Thousands)
FY2020(April 1, 2019 March 31, 2020)
Weighted-average number of common stock

310,484(2) Basis of calculation for diluted earnings per share
Diluted earnings per share are omitted because there are no dilutive shares.

(Subsequent Events) : None

― 17 ―FY2021(April 1, 2020 March 31, 2021)
310,482