Notice Concerning Difference Between Non-Consolidated Business Results and Those for the Previous Fiscal Year

[Translation]

Toyota Industries Corporation announces the Non-consolidated business results for FY2024 as below since it has a remarkable difference compared to those for FY2023.

Net
sales
Operating
income
Ordinary
income
Net
income
Net income
per share
FY2023 (A) Million yen
1,157,785
Million yen
52,989
Million yen
150,414
Million yen
112,565
Yen
362.56
FY2024 (B) 1,223,629 54,246 178,619 272,330 877.13
Amount of change (B-A) 65,844 1,257 28,205 159,765 -
Percentage of change

%
5.7

%
2.4
%
18.8
%
141.9
-

2) Reasons for the Difference

Net income increased over the previous fiscal year mainly due to a gain on sale of investment securities of 219.3 billion yen recorded in extraordinary income from sale of part of shares in DENSO CORPORATION and higher dividend income, although domestic certification related loss increased and an extraordinary loss of 49.3 billion yen was recorded with respect to this loss.

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Toyota Industries Corporation published this content on 26 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2024 14:36:32 UTC.