Notice Concerning Difference Between Non-Consolidated Business Results and Those for the Previous Fiscal Year

News Release IR

[Translation]


Toyota Industries Corporation announces the Non-consolidated business results for FY2023 as follows since it has a remarkable difference compared to those for FY2022.

1. Difference Between Non-Consolidated Business Results for FY2023 and Those for FY2022

Net salesOperating
income		Ordinary
income		Net
income		Net income
per share
FY2022 (A)

Million yen
962,029

 Million yen
45,696		 Million yen
131,662		 Million yen
107,173		 yen
345.19
FY2023 (B) 1,157,785 52,989 150,414 112,565 362.56
Amount changed (B-A) 195,756 7,293 18,752 5,392 -
Percentage of change %
20.3		 %
16.0		 %
14.2		 %
5.0		 -

2. Reasons for the Difference

Unit sales increased in the Automobile Segment and Materials Handling Equipment Segment over the previous fiscal year.
Profits increased over the previous fiscal year due mainly to an increase in non-operating income arising from higher dividends income in addition to a growth in unit sales.