Global Forklift Companies of 2026
Toyota MH ~¥2.79tn; KION ITS ~€8.3bn; Jungheinrich ~€5.5bn; Crown ~$5.3bn.
Main table: latest full-year forklift / materials-handling revenue
Compiled 2026-08-13. Ranked by latest full-year forklift / materials-handling revenue: Toyota Industries on Materials Handling; KION on Industrial Trucks & Services; Jungheinrich, Hyster-Yale, Anhui Heli, Hangcha and Mitsubishi Logisnext on group (or industrial-truck) sales; Crown is private—FY2025 worldwide sales from public reports. FX used only for USD ranking: about EUR 1 = USD 1.08, JPY 150 = USD 1, CNY 7.2 = USD 1. Related: construction equipment, industrial automation.
| # | Company / scope | Revenue | USD equiv. | YoY / note |
|---|---|---|---|---|
| 1 | Toyota Industries Materials Handling | ¥2,786bn | ~18.6 | FY2025 (to Mar 2025) MH segment; forklifts / value chain / logistics solutions |
| 2 | KION Industrial Trucks & Services | €8.27bn | ~8.9 | CY2025 ITS −3.9%; group €11.30bn |
| 3 | Jungheinrich | €5.50bn | ~5.9 | CY2025 group +2.0% |
| 4 | Crown Equipment | $5.26bn | 5.3 | FY2025 worldwide sales (private; public reports) |
| 5 | Mitsubishi Logisnext | ¥665.6bn | ~4.4 | FY2024 (to Mar 2025) net sales −5.2% |
| 6 | Hyster-Yale | $3.77bn | 3.8 | CY2025 group −13% |
| 7 | Anhui Heli | CNY 19.82bn | ~2.8 | CY2025 +11.35%; ~394.5k units |
| 8 | Hangcha | CNY 17.74bn | ~2.5 | CY2025 +5.90% |
Toyota’s materials-handling segment remains the clear scale leader. KION ITS, Jungheinrich and Crown sit in the mid-to-high single-digit billions of dollars; Logisnext and Hyster-Yale fill the next band; Heli and Hangcha clear the global top eight on CNY annual reports.
Side table: KION group / Toyota MH outlook cuts
| Cut | Figure | Scope |
|---|---|---|
| KION group | €11.30bn (−1.8%) | CY2025; ITS + intelligent automation |
| KION SCS / IAS | €3.07bn (+4.4%) | CY2025 automation segment; not in main table |
| Toyota MH FY2026 outlook | ~¥2,726bn | Company supplementary full-year outlook (to Mar 2026); main table keeps completed FY2025 |
| Logisnext FY2025 outlook | ~¥635bn | Revised outlook (to Mar 2026); main table uses completed FY2024 |
How we ranked
Main table uses latest full-year forklift / materials-handling revenue; KION automation and unfinished-year outlooks sit in the side table. Board defaults to S–D.
| Source | When | Used for |
|---|---|---|
| Toyota Industries FY2026 3Q supplementary | 2026 | FY2025 MH ¥2,786.3bn; FY2026 MH outlook ¥2,726bn |
| KION FY2025 | 2026-02 | Group €11.297bn; ITS €8.272bn |
| Jungheinrich FY2025 | 2026 | Revenue €5.502bn |
| Crown Equipment (Wikipedia) / S&P | 2025–2026 | FY2025 worldwide sales ~$5.26bn |
| Mitsubishi Logisnext IR highlights | 2025 | FY2024 net sales ¥665.594bn |
| Hyster-Yale FY2025 | 2026 | Revenue $3.7693bn |
| Anhui Heli 2025 AR abstract | 2026 | Revenue CNY 19.819bn |
| Hangcha 2025 action plan | 2026 | Revenue CNY 17.739bn |
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