CONTENTS

Message from the Chairman and President
Inside cover–1
Continuous Value Creation of the Toyota Industries Group
2–3
Toyota Industries’ Value Creation Process4, 6–7
Contents
5
Outline of Businesses
8–9
Consolidated Eleven-Year Summary
10–11
Consolidated Financial and Non-Financial Highlights
12–14
Top Message
15–23
Special Features
1 Development and Production of Car Air-Conditioning Compressors Geared
toward the Age of Electric-Powered Vehicles Ahead of the World
24–27
2 K
 aizen (Improvement) Activities across Diverse Business Domains—A Force to Drive Constant Evolution
28–31

Business Activities Materials Handling Equipment
Automobile
Textile Machinery

32–36
37–42
43

Corporate Social Responsibility 
Corporate Governance
Relationship with Our Customers
Relationship with Our Business Partners
Relationship with Our Shareholders and Investors
Relationship with Our Associates
Relationship with Our Local Communities

44–49
50–51
52
53
54–57
58–59

Environmental Initiatives 
Vision for Environmental Activities
Structure to Implement Environmental Management
Sixth Environmental Action Plan
Establishing a Low-Carbon Emission Society
Establishing a Recycling-Based Society
Reducing Environmental Risk and Establishing a Society inHarmony with Nature
Environmental Management
Environmental Impact Flow and Environmental Accounting
Third Party Assurance of Environmental Performance Data

6061
62–63
64–65
66–67
68–69
70–73
7475

Financial Section / Corporate Information Financial Section
Primary Impacts on Financial Results Accompanying Transition toInternational Financial Reporting Standards (IFRS)
Consolidated Statements of Financial Position
Consolidated Statements of Profit or Loss
Consolidated Statements of Comprehensive Income
Consolidated Statements of Changes in Equity
Consolidated Statements of Cash Flows
Corporate Information
Board of Directors, Audit & Supervisory Board Members andManaging Officers
Major Production Bases
Investor Information

77
78–79
80
81
82–83
84–85

86–87
8889

Editorial policy

In aiming to realize a deeper understanding of the Toyota Industries Group among a broad spectrum ofstakeholders, the Annual Report and Social and Environmental Report have been combined into the Toyota
Industries Report from the fiscal year ended March 31, 2008.
In addition to the Toyota Industries Group’s management policies, the report provides easy-to-understandinformation regarding its business, social and environmental activities over the past year as well as its future direction.

Period covered by the report

This report focuses on activities carried out in fiscal 2017 (April 1, 2016 to March 31, 2017), but also includes some
information outside this period.

Organizations covered in the report Toyota Industries Corporation and its consolidated subsidiaries
Reference guidelines• Global Reporting Initiative (GRI) Sustainability Reporting Guidelines 4th edition (G4)• ISO 26000• Japan’s Ministry of the Environment Environmental Accounting Guidelines (2005 Version)• Japan’s Ministry of the Environment Environmental Reporting Guidelines (2012 Version)

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 and estimatesof 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 noobligation to publicly update or revise any forward-looking statements in this report, whether as a result of new information, future events or otherwise. Therefore, it is 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 certain 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 price fluctuations, (11) effects of disasters, power blackouts and other incidents, (12) latent risks associated with international activities and (13) retirement benefit liabilities.
The fiscal year ended March 31, 2017 is referred to as fiscal 2017 and other fiscal years are referred to in a corresponding manner.

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