Resumption of Partial Shipments of Diesel Engine Forklifts in Japan

[Translation]

Toyota Industries Corporation (the "Company") hereby announces that, since its public announcement on March 17, 2023, of violation of domestic laws and regulations in domestic certification relating to emissions performance of forklift engines, the Company has suspended the shipment of 1.5-ton to 8.0-ton diesel engine forklifts and 1.0-ton to 3.5-ton gasoline engine forklifts. Furthermore, the Company has also suspended the shipment of 3.5-ton to 5.0-ton gasoline engine forklifts from January 29, 2024.

The Company is pleased to announce that, for 2.0-ton to 3.5-ton diesel engine forklifts (off-road vehicles), the Company has newly submitted applications for Type Approval for specified special vehicles based on the Off-Road Act (Act on Regulation, Etc. of Emissions from Non-Road Special Motor Vehicles ) and will resume shipments from Wednesday, January 8, 2025.

The Company will also continue its efforts to resume shipments of other vehicle models.

Please note that there are no changes to the FY2025 earnings forecast announced on October 31, 2024.

The Company sincerely apologizes to its customers, dealers, suppliers, and all other concerned parties for the significant inconvenience caused by the long-term suspension of shipments.
Going forward, the Company will put all its efforts into steadily implementing recurrence prevention measures.

Overview of Vehicle Models for Shipments to be Resumed