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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 2021 JPYUSD
Revenue2,118.30B19,973.16M
Gross Profit489,719M4,617.48M
Operating income115,071M1,084.98M
Income before tax182,329M1,719.15M
Net income136,700M1,288.92M
EBITDA324,910M3,063.52M
Diluted EPS440.284.15
Dividends Per Share1501.41
Total Assets6,503.98B58,859.60M
Total liabilities3,181.43B28,791.25M
Total equity3,236.03B29,285.41M
Operating cash flow382,386M3,605.46M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,675.14B 2,003.97B 2,214.94B 2,171.35B 2,118.30B
Gross Profit 396,201M 469,142M 511,351M 505,722M 489,719M
Operating income 127,847M 134,795M 134,485M 124,249M 115,071M
Income before tax 181,986M 209,827M 202,225M 196,288M 182,329M
Net income 131,398M 168,181M 152,749M 145,882M 136,700M
EBITDA 276,804M 297,276M 320,437M 332,561M 324,910M
Diluted EPS 420.78 541.66 491.96 469.85 440.28
Dividends Per Share 125 150 155 160 150
Total Assets 4,558.21B 5,258.50B 5,261.17B 5,279.65B 6,503.98B
Total liabilities 2,241.74B 2,624.62B 2,699.23B 2,759.11B 3,181.43B
Total equity 2,240.29B 2,553.39B 2,479.71B 2,438.80B 3,236.03B
Operating cash flow 239,094M 268,567M 270,306M 313,199M 382,386M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 15,469.44M 18,081.10M 19,973.42M 19,970.93M 19,973.16M
Gross Profit 3,658.78M 4,232.89M 4,611.14M 4,651.35M 4,617.48M
Operating income 1,180.62M 1,216.20M 1,212.72M 1,142.77M 1,084.98M
Income before tax 1,680.58M 1,893.19M 1,823.57M 1,805.34M 1,719.15M
Net income 1,213.41M 1,517.43M 1,377.42M 1,341.74M 1,288.92M
EBITDA 2,556.19M 2,682.21M 2,889.56M 3,058.71M 3,063.52M
Diluted EPS 3.88 4.88 4.43 4.32 4.15
Dividends Per Share 1.15 1.35 1.39 1.47 1.41
Total Assets 40,906.50M 49,445.21M 47,532.85M 48,906.05M 58,859.60M
Total liabilities 20,117.93M 24,679.14M 24,386.63M 25,557.99M 28,791.25M
Total equity 20,104.93M 24,009.31M 22,403.38M 22,590.95M 29,285.41M
Operating cash flow 2,207.95M 2,423.18M 2,437.50M 2,880.63M 3,605.46M

Valuation Measures

Mar 2021
PER22.39
ROA2.32%
ROE4.81%
Operating margin5.43%
Profit margin6.45%

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%)
  • Nippon Life Insurance Co. (2.0%)
  • Aisin Corp. (2.0%)
  • Nomura Asset Management Co., Ltd. (1.9%)
  • Silchester International Investors LLP (1.3%)
  • The Vanguard Group, Inc. (1.2%)

Contact Details

Related Companies

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  • Toyota Industries Engine India Pvt Ltd.
  • Toyota Material Handling Mercosur Industria & Comercio de
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  • Industrial Components & Attachments, Inc.
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  • TD Automotive Compressor Kunshan Co., Ltd.
  • Toyota Material Handling Slovensko sro
  • BT Manufacturing (Foshan) Co. Ltd.
  • Toyota Material Handling (Shanghai) Co. Ltd.
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  • 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.

Competitors

  • Manitou BF SA
  • Zhejiang Risun Intelligent Technology Co. Ltd. Class A
  • Balyo SA
  • Kardex Holding AG
  • KION GROUP AG
  • REV Group, Inc.
  • Cervus Equipment Corporation
Last Updated on 22 Oct, 2021

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