Sustained Innovation and Creativity - Toyota Industries Corporation

More documents

Recommendations

Info

Toyota In dus tries’ 80 Years of HistoryFoundation – 1980s1926Toyoda Au to mat ic Loom Works, Ltd.(now Toyota Industries Cor po ra tion)es tab lished to man u fac ture andmarket automatic looms in vent ed bySakichi Toyoda.1952Automobile engine (S-type gasolineengine) production starts.1953Kyowa Plant starts operations,producing engines and assemblingautomobiles.19746P compressor production starts.1977Swash-plate compressor technologylicensed to Chrysler and Ford.Compressor Division separates fromTextile Machinery Division.1955Vehicle Division set up.1978Starlet (automobile) production starts.1956Lift truck production starts.Aerial lift equipment productionstarts.FounderSakichi ToyodaSakichi Toyoda was born inShizuoka Prefecture, Japan,in 1867. He became aninventor while still in his teensand devoted his life to thestudy and development oftextile machinery. Startingwith a wooden handloom,he sub se quent ly pioneered anew era in textile machinerywith in ven tions that includedJapan’s fi rst power loom,the circular loom and theToyoda Automatic LoomType G. Sakichi was awarded84 patents and 35 utilitymodels in his lifetime and isremembered with pride inJapan as one of the world’sgreatest inventors. We atToyota Industries are proud tocarry on the engineering spiritof our illustrious founder.1924Toyoda Automatic Loom Type Ginvented by Sakichi Toyoda.1929Spinning frame production starts.Automatic loom patent sold to PlattBrothers & Co., Ltd. of the U.K.1933Automobile Division set up.1934A-type automobile enginecompleted.1935Prototype of Model A1 passenger carcompleted.Company unveils Model G1 truckat a new-car-release exhibition inShibaura, Tokyo.1937Automobile Division separates andbe comes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).1940Steel Production Division separatesand becomes Toyoda Steel Works,Ltd. (now Aichi Steel Corporation).1944Obu Plant starts operations,producing castings.1949Company stock listed on Tokyo,Osaka and Nagoya stock exchanges.1959P-type gasoline engine productionstarts.1960Shovel loader production starts.Car air-conditioning compressor(CC3A type, CC3B type) productionstarts.1963Dump truck production starts.Friction welder pro duc tion starts.1964J-type diesel engine productionstarts.1967Nagakusa Plant starts operations,producing small commercial vehicles.Publica (van) and Mini Ace(automobile) production starts.Electric coun ter bal anced lift truckproduction starts.1968Open-end spinning machineproduction starts.1970Takahama Plant starts operations,producing industrial vehicles.1971Corolla (van) production starts.Divisional organization systemintroduced (3 divisions: TextileMachinery, Industrial Vehicle andVehicle).Toyoda-Sulzer Manufacturing Ltd.established as a joint venture withSulzer Brothers, Ltd. of Switzerland toproduce projectile looms.1980JA air-jet loom production starts.198110P compressor production starts.1982Production starts on C-type dieselengines for small passenger cars.Hekinan Plant starts operations,producing automobile diesel engines.1985Engine Division separates fromVehicle Division.10PA com pres sor production starts.1986Company awardedthe Deming Prizefor quality controlimplementation.Deming PrizeX300 series lift truck production starts.1987Sprint er Cielo (ex port ed as theCorolla Lift Back) production starts.Electronics Sub-Division set up.1988Toyota Industrial Equipment Mfg.,Inc. (TIEM) established in Columbus,In di ana, U.S., as a joint ven ture withToyota Motor Corporation.RX100 ring spinning frame productionstarts.1989Michigan Automotive Compressor,Inc. (MACI) established in Jackson,Michigan, U.S., as a joint venture withDENSO Corporation.54 Toyota Industries Corporation Annual Report 2006
1990s – 2000s –1990Sprinter Carib (automobile;exported as the Corolla Wagon)production starts.Companyreceives 1990 PMExcellent PlantAward.1992Materials Handling System Divisionset up.Production starts on au to mat edstorage and retrieval sys tems.JAT600 air-jet loom productionstarts.1993RX200 ring spinning frameproduction starts.1994X500 series internal combustioncoun ter bal anced lift truckproduction starts.Toyota Industry (Kunshan) Co.,Ltd. (TIK) established in China asa joint venture with Toyota TsushoCorporation and Lioho MachineWorks, Ltd.R500 reach truck production starts.1995Toyota Industrial Equipment, S.A.(TIESA) established in France asa joint venture with Toyota MotorCorporation and Manitou B.F.1998TD Deutsche Klimakompressor GmbH(TDDK) established in Germany as ajoint venture with DENSO Cor po ra tionto produce car air-con di tion ingcom pres sors.GENEO (7FG/D outsideJapan) internal combustioncounterbalanced lift trucksintroduced.TIBC Corporation (TIBC) establishedas a joint venture with Ibiden Co., Ltd.to produce semiconductor packagesubstrates.10S compressor production starts.1999Vitz (Yaris outside Japan) pro duc tionstarts.Com pa ny takes over water-jet loombusiness from Nissan Texsys Co., Ltd.1CD diesel engine production starts.GENEO-B (7FB outside Japan)electric counterbalanced lift trucksintroduced.2000LW600 series water-jet loompro duc tion starts.BT Industries AB of Sweden, aworld-leading manufacturer ofwarehouse trucks, becomes a ToyotaIndustries subsidiary.2001GENEO-R (7FBR outside Japan) reachtruck production starts.Company takes over the IndustrialEquipment Sales Division of ToyotaMotor Corporation.TOYOTA Material Handling Companyestablished as an in-house company.RAV4 production starts.Name changed to Toyota IndustriesCorporation.2002Advanced Logistics Solutions Co., Ltd.(ALSO) es tab lished to plan overalllogistics operations and operatedis tri bu tion centers.Higashiura Plant starts operations,producing parts for carair-con di tion ing compressors.Toyota Motor Industries PolandSp.zo.o. (TMIP) established in Polandas a joint venture with Toyota MotorCorporation to produce dieselengines.2003JAT710 air-jet loom pro duc tion starts.2004Toyota Industry Automotive Parts(Kunshan) Co., Ltd. (TIAP) establishedin China as a joint venture withToyota Tsusho Corporation and LiohoMachine Works, Ltd. to producefoundry parts.TD Automotive CompressorGeorgia, LLC (TACG) establishedin the U.S. as a joint venture withDENSO Corporation to produce carair-conditioning compressors.2005Asahi Security Co., Ltd., whichengages in collection and deliveryof cash, management of salesproceeds and equipment security,becomes a subsidiary of ToyotaIndustries.Vitz (Yaris outside Japan) productionstarts after a full model change.TD Automotive Compressor Kunshan,Co., Ltd. (TACK) established inChina as a joint venture with DENSOCorporation and other entitiesto produce car air-conditioningcompressors.AD diesel engine production starts.KD diesel engine production starts.New RAV4 production startsafter a full model change.7SB compressor production starts.B500 electric counterbalanced lifttruck production starts.Kirloskar Toyoda Textile MachineryPrivate Limited (KTTM) establishedin India as a joint venture with theKirloskar Group.1996JAT610 air-jet loom productionstarts.RX240 ring spinning frameproduction starts.2UZ gasoline engine productionstarts.Higashichita Plant starts operations,producing foundry parts.GENEO-E (7FBE outsideJapan) three-wheel electriccoun ter bal anced lift truck productionstarts.2006New GENEO (8FG/D outsideJapan) internal combustioncounterbalanced lift truck productionstarts.1997Compressor production at KariyaPlant reaches 100 million units.6SE compressor production starts.ST Liquid Crystal Display Corp.(STLCD) established as a jointventure with Sony Corporation.Aichi Corporation, a manufacturer ofspecial-purpose vehicles, becomesone of Toyota Industries’ subsidiaries.Toyota Industries Corporation Annual Report 200655
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 and 42: Creating Logistics Solutions by Ado
Page 43 and 44: Focus onBusiness6Textile Ma chin er
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: Social Contribution ActivitiesToyot
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?