Notice Concerning Dividends for FY2018

Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 27, 2018, concerning the dividends for FY2018 as follows. It will be proposed at the 140th Ordinary General Meeting of Shareholders to be held on June 12, 2018.

1.Details of dividends

	Year-end dividend for FY 2018 (Proposal)	Recent forecast (As of October 31, 2017)	Year-end dividend for FY 2017 (Actual)
Record Date	March 31, 2018	March 31, 2018	March 31, 2017
Dividend per share	80.00 yen	70.00 yen	65.00 yen
Total amount of dividends	24,838 million yen	—	20,181 million yen
Effective date	June 13, 2018	—	June 12, 2017
Source of dividends	Retained earnings	—	Retained earnings

2.Reason for the dividend amount
Toyota Industries is to meet the expectations of shareholders for continuous dividends while giving full consideration to business performance, funding requirements and the dividend payout ratio. Toyota Industries plans to pay a year-end cash dividend of 80 yen per common share.

[Reference]
Detail of dividends through the fiscal year

	Dividends per share (yen)
Record Date	Interim dividend	Year-end dividend	Annual dividend
Dividends for FY 2018	70.00 (Actual)	80.00 (Proposal)	150.00 (Proposal)
Dividends for FY 2017 (Actual)	60.00	65.00	125.00