Contents

Inside coverCorporate Philosophy

1
2—3
4—7
8
9—15
16—24
16—20

Contents

21—24

Prologue
Outline of Businesses
Financial Highlights
To Our Stakeholders
Special Features
1 Toyota Industries’ Container Transport AGV■
System Contributing to Evolution of Port Logistics
2 Aiming to Realize Both a Comfortable Vehicle■
Interior and Energy Savings

Business Activities

26—31
32—36
32—33
33—34
34—35
36
37—38
39—40

Environmental Initiatives

58—61
62
63
64—66
67—68
69
70
71
72

Special Feature: A Biotope to Link People,
Nature and the Local Community
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

Materials Handling Equipment
Automobile

Financial Section / Corporate Information

VehicleEngineCar Air-Conditioning Compressor
Car Electronics

Logistics
Textile Machinery

Corporate Social Responsibility

42
43—49
50
51—52
53
54

CSR Policy

55—56

Relationship with Our Local Communities

Corporate Governance
Relationship with Our Customers
Relationship with Our AssociatesRelationship with Our Business Partners

74—82
74—75
76—77
78
79
80—81
82
83—87
83
84—85
8687

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

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 thecurrent expectations and estimates of the Toyota Industries Group regarding its plans, outlook, strategies and results for the future. All such projections and forwardlooking statements are based on management’s assumptions and beliefs derived from the information available at the time of producing this report and are notguarantees of future performance. Toyota Industries undertakes no obligation to publicly update or revise any forward-looking statements in this report, whether as aresult of new information, future events or otherwise. Therefore, it is advised that you should not rely solely upon these projections and forward-looking statements inmaking your investment decisions. You should also be aware that certain risks and uncertainties could cause the actual results of Toyota Industries to differ materiallyfrom any projections or forward-looking statements discussed in this report. These risks and uncertainties include, but are not limited to, the following: (1) reliance ona small number of customers, (2) product development capabilities, (3) intellectual property rights, (4) quality issues, (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.

1