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  "documentTitle": "Toyota Industries Corporation (6201)",
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      "text": "~¥5 trillion",
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      "text": "EBIT: ¥5 trillion",
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      "text": "TICO has a strong core forklift business, a range of other high-quality and asset-rich operating businesses, and a significant portfolio of cross-shareholdings",
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      "text": "Source: Company Materials, Leading Management Consulting Firm. Notes: (1) Share of TICO Materials Handling revenue; (2) Share of TICO FY3/27 EBIT; (3) Based on market data as of January 16, 2026 (see appendix for details on tax).",
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