Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2016 Earnings Presentation
24 slides from Toyota Motor's earnings presentation, Aug 4, 2015
Slide 1: FY2016 First Quarter Financial Results
FY2016 First Quarter 2016年3月期 第1四半期 Financial Results 決算説明会 MIRAI SIENTA Toyota Motor Corporation トヨタ自動車株式会社 August 4, 2015 2015年8月4日
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements This presentation contains forward-looking statements that reflect Toyota’s plans and expectations. These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other f
Slide 3: Caution concerning Insider Trading
Caution concerning Insider Trading Under Japanese securities laws and regulations (the "Regulations"), subject to certain exceptions, any person who receives certain material information relating to the business, etc. of Toyota which may be contained in this document is prohibited from trading in To
Slide 4: FY2016 First Quarter Financial Performance
FY2016 First Quarter Financial Results FY2016 First Quarter Financial Performance FY2016 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 3,000 2,241 2,114 (-127) Japan N. America 2,000 506 470 (-36) Europe Asia 710 729 (+19) Other 1,000 Central and 207 South America, 206 (-1) Oceania, 385 328 (-57) Africa, The Middle East, 433 381 (-52) etc. 0 FY2015 1Q FY2016 1Q Change (’14/4-’14/6)
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2015 1Q FY2016 1Q Change (’14/4-’14/6) (’15/4-’15/6) Net Revenues 6,390.6 6,987.6 +596.9 +9.3% Operating Income 692.7 756.0 +63.2 +9.1% Operating margin 10.8% 10.8% - - Income before income taxes and equity in earnings of affiliated 771.8 845.2 +73.
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +60.0 -65.0 +35.0 Cost Volume, Other -95.0 Reduction Model Mix Marketing Efforts Activities *2 +145.0 756.0 Increase in -42.8 Effects of Marketing Activities -30.0 Expenses, +26.0 etc. *3 Valuation Other *4 692.7 Gains/Losses Effects of fro
Slide 8: Geographic Operating Income: Japan
Geographic Operating Income：Japan Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 506 475.8 billion yen (+109.8 billion yen year on year ) 470 (-36) Increased due to favourable foreign exchange rates and cost reduction efforts. 475.8 365.9 FY2
Slide 9: Geographic Operating Income: North America
Geographic Operating Income：North America Operating Income (billions of yen) Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Operating Income ● Consolidated Vehicle Sales (thousands of vehicles) <Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.> 151.1 billion yen (+1.4
Slide 10: Geographic Operating Income: Europe
Geographic Operating Income：Europe Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 7.8 billion yen (-3.0 billion yen year on year) Decreased mainly due to the transactional impact of the stronger Yen. 207 206 (-1) 10.8 7.8 FY2015 1Q FY2016 1Q
Slide 11: Geographic Operating Income: Asia
Geographic Operating Income：Asia Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 100.0 billion yen (-10.2 billion yen year on year) 385 Declined as a result of decreased vehicle sales. 328 (-57) 110.3 100.0 FY2015 1Q FY2016 1Q HILUX Operating
Slide 12: Geographic Operating Income: Other
Geographic Operating Income : Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 38.0 billion yen (+3.9 billion yen year on year) 433 Increased due to marketing efforts such as pricing 381 (-52) improvement. 34.0 38.0 FY2015 1Q FY2016 1Q ETIOS Op
Slide 13: Financial Services Operating Income
Financial Services Operating Income (billions of yen) Operating Income < Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.> 96.8 billion yen (+14.7 billion yen year on year) Improved due to an increased lending balance and the translational impact of foreign currencies. 96.8 FY2015 1Q
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 150 Japan China 105.3 100.9 (-4.4) Other 100 68.7 80.6 (+11.9) Retail Sales Results in China (thousands of vehicles) 50 ’14/1-3 ’15/1-3 Retail Sales 27.9 Volume 228 228 12.4 (-15.5) 0 8.6 7.8 (-0.7) FY2015 1Q FY2016 1Q Change (’14/4-’14/6)
Slide 15: FY2016 Financial Forecasts
FY2016 First Quarter Financial Results FY2016 First Quarter Financial Performance FY2016 Financial Forecasts
Slide 16: FY2016 Forecasts: Consolidated Vehicle Sales
FY2016 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,900 8,950 (+50) 8,972 8,000 2,170 (+50) 2,154 Japan 2,120 N. America Europe 6,000 2,715 Asia 2,830 2,850 (+20) Other 4,000 Central and 820 840 (+20) 859 South America, Oceania, 1,440 1,420 (-20) 1,489 Africa, 2,000 The Mid
Slide 17: FY2016 Forecasts: Consolidated Financial Summary
FY2016 Forecasts: Consolidated Financial Summary (billions of yen) Previous Forecasts New Forecasts Change FY2015 Results (’15/4-’16/3) (’15/4-’16/3) (’14/4-’15/3) Net Revenues 27,500.0 27,800.0 +300.0 27,234.5 Operating Income 2,800.0 2,800.0 ±0 2,750.5 Operating margin 10.2% 10.1% - 10.1% Income b
Slide 18: Analysis of FY2016 Forecasts: Consolidated Operating Income
Analysis of FY2016 Forecasts: Consolidated Operating Income (billions of yen) +15.0 -45.0 +95.0 -65.0 2,800.0 Volume, Other 2,800.0 Model Mix Marketing Effects of Increase in Activities FOREX Rates Expenses, etc. Effects of Marketing Activities -30.0 Previous New Operating Income (±0) Forecast Forec
Slide 19: FY2016 Consolidated Forecasts: R&D, CAPEX, Depreciation
FY2016 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures 880.0 ● Depreciation Expenses 806.2 775.9 1,200 732.9 727.3 1,000 800 1,210.0 600 1,050.0 1,177.4 1,004.5 1,000.7 807.4 910.5 852.7 400 779.8 706.7 200 0 FY2012 FY2013 FY2014 FY2015 FY2016 FY2
Slide 20: FY2016 Forecasts: Line-up of Redesigned Vehicles
FY2016 Forecasts: Line-up of Redesigned Vehicles in FY2016 HILUX FORTUNER LEXUS RX (NY International Auto Show 2015 exhibition car) 20
Slide 21: FY2016 Forecasts: Line-up of Redesigned Vehicles
FY2016 Forecasts: Line-up of Redesigned Vehicles in FY2016 COROLLA HV （Auto Shanghai 2015 exhibition car) LEVIN HV (Auto Shanghai 2015 exhibition car) 21
Slide 22: Financial Results
FY2016 First Quarter Financial Results LEXUS RX TACOMA (ﾆｭｰﾖｰｸ国際ｵｰﾄｼｮｰ出展車両) Toyota Motor Corporation (North American International Auto Show 2015 exhibition car) August 4, 2015
Slide 23: (Reference) FY2016 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2016 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) Revised Sales and Previous Forecasts New Forecasts Production Plan for CY2015 (’15/4-’16/3) (’15/4-’16/3) (’15/1-’15/12) T Japan 3,200 3,250 3,210 o Vehicle 1 Overseas 5,850 5,850 5,800 y Production * o t Total
Slide 24: (Reference) Definitions of Consolidated and Retail Vehicle Sales
(Reference) Definitions of Consolidated and Retail Vehicle Sales Daihatsu- and Hino- brand vehicles Consolidated Vehicle Sales Distributors or Dealers outside consolidation Total Retail Vehicle Sales Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales Customers P5,16 Number of vehicles