We would like to take this opportunity to express our deepest appreciation to our shareholders and other investors for your support of Toyota Industries Corporation and the Toyota Industries Group.
While the overall economies in and outside Japan registered solid economic momentum, the Toyota Industries Group undertook efforts to expand sales by responding to each market trend appropriately.
As a result, we were able to achieve increases in both sales and profit during the second quarter of fiscal 2014 (the six months from April 1 to September 30, 2013), mainly due to increase of unit sales of the Automobile and the Material Handling Equipment Segments. Amid this environment, Toyota Industries decided to pay an interim cash dividend of 35 yen per share, an increase of 10yen per share from the same period of the previous fiscal year.
In ever-intensifying global competition, the situation surrounding us is expected to be increasingly severe. In order to prevail over such competition, we will spur innovation in our respective fields of operations, from development to services, and accelerate our strategies for growth and qualitative advancement. To this end, we will work to enhance our competitive edge in each of the three business units, “solution”, “key component”, and “mobility”, by taking advantage of our wide range of businesses. At the same time, we will strive to augment horizontal alignment among the business units to create synergies and maximize the comprehensive strengths of the Toyota Industries Group.
We sincerely ask for the ongoing support of our shareholders and other investors.