Notice Concerning Transactions with Affiliates

1.Controls from Toyota Motor Corporation("TMC")

(As of March 31, 2015)

Name	Class	Owning shares with voting rights			Stock exchange listings
		Directly held	Indirectly held	Total
Toyota Motor Corporation	Other affiliate	24.40%	0.23%	24.63%	Tokyo, Nagoya, Fukuoka, Sapporo, New York(U.S.A), London(U.K)

2.Relationship to TMC of Toyota Industries Corporation

(1) Business relationship to TMC
Toyota Motor Corporation held 24.63% of the Toyota Industries Corporation's total voting rights. Toyota Industries Corporation is a TMC affiliate accounted for by the equity method.Toyota Industries Corporation assembles certain cars and produces automobile engines under the consignment from TMC and our sales to TMC accounted for 58.5% of our net sales.

(2) Risk information for principal customers
TMC held 24.63% of the Toyota Industries Corporation's total voting rights. Toyota Industries Corporation maintains close relationship with TMC in terms of capital and business dealings. Under the consignment from TMC, Toyota Industries Corporation has no negative conditions and limitations from TMC. The sales to TMC accounted for 58.5% of our net sales, so TMC's vehicle sales could have an impact on Toyota Industries Corporation's business results.

(3) Conditions of transactions and determination policies
For the conditions of transactions and determination policies, Toyota Industries Corporation offers prices on such products based on their overall costs, and negotiates conditions for each fiscal year, as with conditions on arm's-length transactions.As for the purchase of parts of automobiles and engines, Toyota Industries Corporation negotiates conditions for each fiscal year, based on offered prices on such products, as with conditions on arm's-length transactions.

(4) Status of policy for business independency
Toyota Industries Corporation keeps the independency on business without any limitations from TMC.

3.Parent company and major corporate shareholder

(Unit: millions of yen, As of March 31, 2015)

Class	Name	Common stock	Owning (or owned) shares with voting rights	Business relationship	Contents of transaction	Amount of transactions	Description	Balance as of the end of the fiscal year under review
Other affiliate	Toyota Motor Corporation	397,049	owned 24.40% (directly held) 0.23% (indirectly held)	Sales of Toyota Industries Corporation's products, purchases of automobile parts and interlocking directors	Sales of automobiles and engines etc.	691,715	Trade notes Accounts receivable	7,749 20,806
Other affiliate	Toyota Motor Corporation	397,049	owned 24.40% (directly held) 0.23% (indirectly held)		Purchase of parts of automobiles and engines etc.	504,373	Accounts payable	48,093