Toyota Industries Corporation was founded in 1926 by Sakichi Toyoda to manufacture and sell the automatic looms which he had invented and perfected.
Since that time Toyota Industries has promoted diversification and expanded the scope of its business domains to include textile machinery, automobiles (vehicles, engines, car air-conditioning compressors, etc.), materials handling equipment, and electronics.
Sakichi Toyoda is born.
Sakichi Toyoda invents Toyoda Wooden Hand Loom.
Sakichi Toyoda invents Toyoda Power Loom.
Sakichi Toyoda invents the Circular Loom.
Sakichi Toyoda invents Toyoda Automatic Loom, Type G, with non-stop shuttle-change motion.
Toyoda Automatic Loom Works, Ltd. (now Toyota Industries Corporation) established to manufacture and market the automatic loom invented by Sakichi Toyoda.
Kariya plant completed; starts operations.
Spinning frame production starts.
Automatic loom patent sold to Platt Brothers & Co., Ltd. of the UK.