ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Consumer Durables

Toyota Industries Corp.

Business Summary

Toyota Industries Corp. engages in the manufacture and sale of automobiles and industrial machines. It operates through the following segments: Automobile, Materials Handling Equipment, Textile Machinery, and Others. The Automobile segment includes vehicles, engines, car air-conditioning compressors, and car electronics. The Materials Handling Equipment segment includes forklift trucks, equipment for warehouses, and aerial work vehicles. The Textile Machinery segment develops and sells weaving and spinning machines. The Others segment offers land transportation services. The Others segment produces semiconductor package substrates. The company was founded by Sakichi Toyoda on November 18, 1926 and is headquartered in Kariya, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue2,171.35B19,970.93M
Gross Profit505,722M4,651.35M
Operating income124,249M1,142.77M
Income before tax196,288M1,805.34M
Net income145,882M1,341.74M
EBITDA332,561M3,058.71M
Diluted EPS469.854.32
Dividends Per Share1601.47
Total Assets5,279.65B48,906.05M
Total liabilities2,759.11B25,557.99M
Total equity2,438.80B22,590.95M
Operating cash flow313,199M2,880.63M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,696.85B 1,675.14B 2,003.97B 2,214.94B 2,171.35B
Gross Profit 404,469M 396,201M 469,142M 511,351M 505,722M
Operating income 137,575M 127,847M 134,795M 134,485M 124,249M
Income before tax 191,386M 181,986M 209,827M 202,225M 196,288M
Net income 132,836M 131,398M 168,181M 152,749M 145,882M
EBITDA 281,411M 276,804M 297,276M 320,437M 332,561M
Diluted EPS 340.86 420.78 541.66 491.96 469.85
Dividends Per Share 120 125 150 155 160
Total Assets 4,317.28B 4,558.21B 5,258.50B 5,261.17B 5,279.65B
Total liabilities 2,147.96B 2,241.74B 2,624.62B 2,699.23B 2,759.11B
Total equity 2,098.65B 2,240.29B 2,553.39B 2,479.71B 2,438.80B
Operating cash flow 248,049M 239,094M 268,567M 270,306M 313,199M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 14,130.54M 15,469.44M 18,081.10M 19,973.42M 19,970.93M
Gross Profit 3,368.20M 3,658.78M 4,232.89M 4,611.14M 4,651.35M
Operating income 1,145.65M 1,180.62M 1,216.20M 1,212.72M 1,142.77M
Income before tax 1,593.76M 1,680.58M 1,893.19M 1,823.57M 1,805.34M
Net income 1,106.18M 1,213.41M 1,517.43M 1,377.42M 1,341.74M
EBITDA 2,343.44M 2,556.19M 2,682.21M 2,889.56M 3,058.71M
Diluted EPS 2.83 3.88 4.88 4.43 4.32
Dividends Per Share 0.99 1.15 1.35 1.39 1.47
Total Assets 38,411.69M 40,906.50M 49,445.21M 47,532.85M 48,906.05M
Total liabilities 19,110.84M 20,117.93M 24,679.14M 24,386.63M 25,557.99M
Total equity 18,672.16M 20,104.93M 24,009.31M 22,403.38M 22,590.95M
Operating cash flow 2,065.62M 2,207.95M 2,423.18M 2,437.50M 2,880.63M

Valuation Measures

Mar 2020
PER11.02
ROA2.76%
ROE5.93%
Operating margin5.72%
Profit margin6.71%

Key executives

  • President & Representative Director: Akira Onishi
  • Representative Director, VP & GM-Technology: Kazue Sasaki
  • Representative Director, VP & GM-Corporate: Takuo Sasaki
  • Director & Executive Officer: Taku Yamamoto
  • Director & Executive Officer: Yuji Ishizaki

Shareholders

  • Toyota Motor Corp. (23.5%)
  • DENSO Corp. (9.0%)
  • Towa Real Estate Co., Ltd. (4.9%)
  • Toyota Industries Corp. (4.7%)
  • Toyota Tsusho Corp. (4.6%)
  • MS&AD Insurance Group Holdings, Inc. (2.3%)
  • Nippon Life Insurance Co. (2.0%)
  • Aisin Seiki Co., Ltd. (2.0%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • The Vanguard Group, Inc. (1.3%)

Contact Details

Related Companies

  • Vanderlande Industries Pvt Ltd.
  • Toyota Industries Singapore Pte Ltd.
  • Kirloskar Toyota Textile Machinery Pvt Ltd.
  • Toyota Industries Engine India Pvt Ltd.
  • Toyota Material Handling Mercosur Industria & Comercio de
  • Toyota Material Handling RUS OOO
  • Toyota Material Handling Hungary Kft
  • Industrial Components & Attachments, Inc.
  • Toyota Industrial de Venezuela CA
  • Yantai Shougang TD Automotive Compressor Co. Ltd.
  • Toyota Industries Management (China) Co. Ltd.
  • Toyota Material Handling Belgium NV/SA
  • Toyota Material Handling Capital SAPI de CV SOFOM ENR
  • Toyota Industries Compressor Parts America,Co.
  • TD Automotive Compressor Kunshan Co. Ltd.
  • Toyota Material Handling Slovensko sro
  • BT Manufacturing (Foshan) Co. Ltd.
  • Toyota Material Handling (Shanghai) Co. Ltd.
  • Toyota Textile Machinery (Shanghai) Co. Ltd.
  • LT Material Handling Holding Pte. Ltd.
  • Toyota Industries Electric Systems North America, Inc.
  • Toyota Chile SA
  • Toyota Material Handling France SAS
  • Toyota Material Handling Austria GmbH
  • Toyota Industries Electric Systems Europe GmbH
  • Toyota Industrial Equipment Vietnam Co. Ltd.
  • Tailift Co., Ltd. /Forklift Business/
  • Toyota Material Handling India Pvt Ltd.
  • North Vernon Industry Corp.
  • Toyota Industries Employee Stock Ownership

Competitors

  • Manitou BF SA
  • KION GROUP AG
  • REV Group, Inc.
  • John Bean Technologies Corporation
  • Cervus Equipment Corporation
Last Updated on 30 Sep, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more