Sustained Innovation and Creativity - Toyota Industries Corporation

More documents

Recommendations

Info

Focus onBusiness5Logistics SolutionsPrincipal Initiatives of the LogisticsSolutions BusinessMarch 2002:Advanced Logistics Solutions Co., Ltd. (ALSO) established as awholly owned subsidiary to plan logistics and operate distributioncenters.November 2002:Commenced operation of a room-temperature distribution centerfor convenience stores commissioned by Mitsui & Co., Ltd.Invested in Teion Shokuhin Ryutsu Inc., which engages in storageand delivery of frozen and chilled foods (in which Toyota Industrieshas a 60% stake via indirect investment through ALSO).October 2003:KTL Co., Ltd. (KTL) established as a joint venture (in which ToyotaIndustries has a 50.5% stake) with Kokuyo Logitem Co., Ltd., alogistics subsidiary of Kokuyo Co., Ltd.November 2003:KTL commenced operation of the Kokuyo Tokyo Metropolitan AreaIntegrated Distribution Center (IDC).March 2004:Acquired a share of Fuji Logistics Co., Ltd. (Fuji Logistics, in whichToyota Industries has a 26% stake, with shares acquired from FujiElectric Holdings Co., Ltd.).April 2004:TF Logistics Co., Ltd. established as a joint venture (in which ToyotaIndustries has a 51% stake) with Fuji Logistics for the transport andmaintenance of information devices.March 2005:Asahi Security Co., Ltd. made into a wholly owned subsidiary.January 2006:Acquired a share of Wanbishi Archives Co., Ltd. (in which ToyotaIndustries has a 41.4% stake).June 2006:Nissen Logistics Service Co., Ltd. (currently Mail & eBusiness LogisticsService Co., Ltd.) became a subsidiary (in which Toyota Industrieshas a 50.5% stake).TopicEntry into Mail-Order LogisticsIn June 2006, Toyota Industries acquired a 50.5%stake from Nissen Co., Ltd. (Nissen), one of the largestmail-order companies in Japan that engages inproducing and selling clothing and interior goods,in Nissen Logistics Service Co., Ltd. The company,which became a subsidiary and was renamed Mail &eBusiness Logistics Service Co., Ltd. (Mail & eBusinessLogistics), is involved in the shipping, storage andinspection of goods made by Nissen and its affi liates.Toyota Industries will cooperate with Nissen to reformMail & eBusiness Logistics’ operations by optimizing theoverall fl ow of logistics from procurement to customerdelivery. Toyota Industries aims to further develop itsLogistics Solutions Business through expansion into themail-order logistics business, which has a broad-basedsupply chain.Toyota Industries’ Expanding Logistics Solutions BusinessPharmaceuticalproductsFrozen foodsCosmetics anddaily use productsChilled foodsElectronicequipmentTakasueFujiLogisticsEstablishment ofjoint venturesTeionShokuhinRyutsuDirect capital relationshipsRyoshokuUnrefrigeratedfoodsBuildingequipmentKokuyoLogitemWanbishiArchivesAsahiSecurityMail &eBusinessLogisticsServiveDistributionStationerysuppliesApparelPrintedmatterOthers(area platform)Started operations by fiscal 2005Negotiations underway40 Toyota Industries Corporation Annual Report 2006
Focus onBusiness6Textile Ma chin eryRealizing Distinctive,All-Around Quality and Top Customer ServiceThe history of the Toyota Group began with the invention ofan automatic loom by Toyota Industries’ originator SakichiToyoda. During the intervening years, the Textile MachineryBusiness, Toyota Industries’ founding business, has madesignifi cant contributions to the development of the textileindustry not only in Japan but also around the globe.Toyota Industries’ Textile Machinery Business undertakesintegrated operations encompassing development,manufacturing and sales of top-quality spinning and weavingmachinery. Backed by cutting-edge technologies and fi nelytailored services, we are able to meet evolving customerneeds the world over.With an increasing global population and economicadvancement in emerging countries, continued expansionof textile consumption is expected. On the other hand, theindustry is also witnessing intensifying competition for survivalas a result of the emergence of regional manufacturers. Amidthis trend, Toyota Industries will strengthen its technologicaldevelopment capabilities and raise levels of customerservices as it works to reinforce its position as one of theleading manufacturers of textile machinery. We will striveto differentiate ourselves by exploiting our technologicalcapabilities to develop weaving machinery that is capableof weaving high value-added fabrics for the latest fashion.To meet increasingly sophisticated market needs, wedevelop and produce superior spinning and weavingmachinery that incorporates cutting-edge control,communications and mechatronics technologies. Ofparticular note, Toyota Industries commands the top globalshare for its mainstay air-jet looms. Additionally, as an industryleader, we have also earned high global acclaim fromcustomers for ring spinning frames and roving frames.Please visit www.toyota-industries.com/textile for furtherinformation about our Textile Machinery Business.Weaving MachineryToyota Industries develops, manufactures and sells twotypes of weaving machinery: air-jet looms, which insertweft yarns using air, and water-jet looms, which use waterfor the same purpose. We provide customers around theworld with state-of-the-art products that meet and exceedbasic performance requirements demanding high speedand reliability as well as that incorporate such advancedfunctions as monitoring and remote setting of the machinesvia the Internet. Toyota Industries also develops, manufacturesand sells such preparatory machinery for weaving as sizingmachines that enable uniform, high-quality sizing of yarns.Spinning MachineryToyota Industries provides spinning-related machinery such ashigh-speed ring spinning frames and roving frames to meeta vast spectrum of customer needs. These products excelin spinning high-quality yarns as well as in providing superiorproductivity. We also produce and sell drawing frames andcombers.Toyota Kirloskar Textile Machinery Private Limited, oursubsidiary in India, manufactures ring spinning frames for thelocal market.Weaving MachineryJAT710 air-jet loomLW600 water-jet loomMackeeSizing machine for spun yarnFilamasterSizing machine for fi lament yarnSpinning MachineryRX240NEW ring spinning frame FL100 roving frame DX8 drawing frameVC5A comberToyota Industries Corporation Annual Report 200641
Page 1 and 2: ANNUAL REPORTYear ended March 31, 2
Page 3 and 4: Contents24614Consolidated Financial
Page 5 and 6: Net SalesOperating IncomeNet Income
Page 7 and 8: Tadashi IshikawaChairmanTetsuro Toy
Page 9 and 10: Record-Breaking Results for Fiscal
Page 11 and 12: Further Deploying Our Engine Busine
Page 13 and 14: examples, each division undertakes
Page 15 and 16: progress in globalizing its busines
Page 17 and 18: Logistics SegmentTextile Ma chin er
Page 19 and 20: Toyota Material Handling Group—Ma
Page 21 and 22: Business Activities in Fiscal 2006J
Page 23 and 24: Looking AheadJapanese MarketThe yea
Page 25 and 26: Products for the Japanese MarketPro
Page 27 and 28: Products for the European MarketPle
Page 29 and 30: Breakthrough Innovations and Cuttin
Page 31 and 32: variable-displacementcompressors, w
Page 33 and 34: Vehicle BusinessAdvantages as a Com
Page 35 and 36: Project. This project involves the
Page 37 and 38: Car ElectronicsToyota Industries’
Page 39 and 40: Semiconductor Package SubstratesToy
Page 41: Creating Logistics Solutions by Ado
Page 45 and 46: ExploringToyota IndustriesToyota In
Page 47 and 48: of the Toyota Material Handling Gro
Page 49 and 50: New Products Developed and Launched
Page 51 and 52: Corporate Governance Structure of T
Page 53 and 54: Environmental and Social Contributi
Page 55 and 56: Social Contribution ActivitiesToyot
Page 57 and 58: 1990s - 2000s -1990Sprinter Carib (
Page 59 and 60: Directors, Corporate Auditors and M
Page 61 and 62: Company NameLocationCapital(thousan
Page 63 and 64: Fi nan cial Sec tion626474767778799
Page 65 and 66: Millions of yen2002 2001 2000 1999
Page 67 and 68: Operating Income andOperating Incom
Page 69 and 70: Net Sales ofTextile MachinerySegmen
Page 71 and 72: Cash Flows(¥ Billion)150100500(50)
Page 73 and 74: Toyota Industries intends to use re
Page 75 and 76: Signifi cant Accounting Policies an
Page 77 and 78: LIABILITIES, MINORITY INTERESTS AND
Page 79 and 80: Consolidated Statements of Sharehol
Page 81 and 82: Notes to Consolidated Financial Sta
Page 83 and 84: (15) Hedge accounting(a) Method of
Page 85 and 86: (2) As of and for the year ended Ma
Page 87 and 88: 7. Assets pledged as collateral(1)
Page 89 and 90: 13. Derivative instruments(1) Quali
Page 91 and 92: 15. Income taxes(1) The signifi can
Page 93 and 94:
(2) Operating leases (as a lessee)P
Page 95 and 96:
2006 2005 20042006Assets:Automobile
Page 97 and 98:
2006 2005 20042006Assets:Japan ¥ 8
Page 99 and 100:
20. Net income per share (EPS)Basis
Page 101 and 102:
Toyota Industriesin NumbersToyota I
Page 103 and 104:
(Years ended March 31)Net Sales and
Page 105 and 106:
(Years ended March 31)Cash Dividend
Page 107 and 108:
PublicationsOur Corporate Brochure
show all

Sustained Innovation and Creativity - Toyota Industries Corporation

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?