Consolidated Balance Sheets
Toyota Industries Corporation
As of September 30 and March 31, 2007, and September 30, 2006 (unaudited)Thousands of
U.S. dollars (Note 1)

Millions of yen

ASSETS
Current assets:
Cash and cash equivalents
Trade notes and accounts receivable
Short-term investments (Note 6)
Inventories (Note 3)
Deferred tax assets
Other current assets
Less — allowance for doubtful accounts

September 30

March 31

September 30

September 30

2007

2007

2006

2007

¥ 134,870 ¥ 108,569 ¥ 82,689
230,795
234,611208,13651
48
71
129,103
120,737
117,597
16,234
17,924
18,667
92,381
88,89483,549(2,904)(2,784)(2,542)$ 1,168,420
1,999,438
445
1,118,453
140,646
800,323(25,164)

Total current assets
Fixed assets:
Property, plant and equipment:
Buildings and structures (Note 3)
Machinery, equipment and vehicles (Note 3)
Tools, furniture and fixtures
Land
Construction in progress

600,531568,001

508,170

5,202,561

186,782
274,659
29,496
101,771
36,983

171,897269,769
26,081
99,11739,056

168,709257,969
23,191
96,00535,882

1,618,149
2,379,451
255,538
881,674
320,397

Total property, plant and equipment
Intangible assets:
Goodwill
Software629,694605,922581,758

5,455,208

149,256
11,500101,102
11,714

101,024
12,126

1,293,049
99,629Total intangible assets
Investments and other assets:
Investments in securities (Notes 3 and 6)
Investments in unconsolidated subsidiaries and affiliated companies
Long-term loans
Long-term prepaid expenses
Deferred tax assets
Other investments and other assets
Less — allowance for doubtful accounts

160,756

112,816

113,151

1,392,679

2,172,648 1,914,021
60,41559,4108,460
8,210
11,603
10,9697,435
7,623
38,784
39,271(232)(229)

17,742,181
351,503
74,416132,684
67,108396,815(1,445)2,165,843 2,299,117 2,039,277
2,956,294 3,017,856 2,734,187¥3,556,826 ¥3,585,857 ¥3,242,357

18,763,262
25,611,148$30,813,709

Total investments and other assets
Total fixed assets
Total assets
The accompanying notes are an integral part of these financial statements.

10TOYOTA INDUSTRIES CORPORATION

2,047,979
40,574
8,589
15,315
7,746
45,804(166)Thousands ofU.S. dollars (Note 1)

Millions of yen

LIABILITIES AND NET ASSETS
Current liabilities:
Trade notes and accounts payable
Short-term bank loans (Note 3)
Commercial paper
Current portion of bonds
Other payables
Accrued expenses
Accrued income taxes
Deposits received from employees
Deferred tax liabilities
Allowance for bonuses to directors and corporate auditors
Other current liabilities (Note 3)
Total current liabilities
Long-term liabilities:
Bonds
Long-term debt (Note 3)
Deferred tax liabilities
Allowance for retirement benefits
Other long-term liabilities
Total long-term liabilities
Total liabilities
Shareholders’ equity:
Common stock:
Authorized — 1,100,000,000 shares
Issued— 325,840,640 shares as of September 30, 2007
325,840,640 shares as of March 31, 2007
325,840,640 shares as of September 30, 2006
Capital surplus
Retained earnings
Treasury stock at cost
13,301,621 shares as of September 30, 2007
13,765,165 shares as of March 31, 2007
13,815,004 shares as of September 30, 2006
Total shareholders’ equity
Valuation and translation adjustments:
Net unrealized gains on other securities
Deferred gains or losses on hedges
Foreign currency translation adjustments
Total valuation and translation adjustments
Subscription rights to shares
Minority interests in consolidated subsidiaries
Total net assets
Total liabilities and net assets

September 30

March 31

September 30

September 30

2007

2007

2006

2007

¥ 198,984 ¥ 205,168 ¥ 189,836
52,226
37,10353,662
34,57333,76032,40080,00060,000–28,70337,80826,53779,88977,69875,50423,43625,854
17,52022,69722,02021,574
3,077
3,162
3,749
305
554
252
58,66355,27545,900582,557
558,405
466,938$ 1,723,857
452,456
299,519
693,061
248,663
692,106
203,034
196,632
26,663
2,643
508,217
5,046,850

231,422
188,238
701,370
46,93228,7581,196,722
1,779,280

250,761
141,567
751,764
45,482
27,393
1,216,969
1,775,374

284,567
142,471654,420
44,70824,4981,150,667
1,617,605

2,004,875
1,630,759
6,076,151
406,589
249,143
10,367,517
15,414,367

80,46280,46280,462

697,069

104,987433,730(45,677)

105,055
402,431(47,253)

105,116
380,167(47,405)

909,538
3,757,520(395,714)

573,503

540,696518,340

4,968,413

1,082,846 1,157,793 1,006,330
9,380,981
(9)
(0)
(147)
(82)
61,37552,91245,852531,712
1,144,212 1,210,704 1,052,035
9,912,611
402
202
50
3,485
59,42758,87854,325514,833
1,777,545 1,810,483 1,624,752
15,399,341¥3,556,826 ¥3,585,857 ¥3,242,357 $30,813,709

SEMIANNUAL REPORT 200811