Notice Concerning Revision of Cash Dividends Forecast

[Translation]

Toyota Industries Corporation today announces revision of cash dividends forecast for FY2021 fourth quarter disclosed on October 29, 2020, as follows.

1. Cash dividends forecast for FY2021 (April 1, 2020 through March 31, 2021)

(Yen)

	Annual cash dividends per share
	2nd Quarter	4th Quarter	FY Total
Previous forecast	―	70.00	140.00
Revised forecast	―	80.00	150.00
Actual dividends	70.00	―	―
(Reference) Actual dividends for FY2020	80.00	80.00	160.00

2. Reasons for revision

Toyota Industries' dividends policy is to meet the expectations of shareholders for continuous dividends while giving full consideration to business performance, funding requirements and dividends payout ratio.
Under this policy, Toyota Industries plans to pay cash dividends for fourth quarter of 80 yen based on revision of forecast of consolidated financial results.