Toyota Motor Corp. · TSE:7203
Toyota Motor — H1 FY2002 Earnings Presentation
20 slides from Toyota Motor's earnings presentation, Nov 8, 2001
Slide 1: Toyota Motor Corporation Earnings Release
Toyota Motor Corporation Earnings Release April 2001 - September 2001 Figures prepared in accordance with Japan GAAP
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"), although there are 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 tra
Slide 4: I. Consolidated Financial Summary
I. Consolidated Financial Summary 4
Slide 5: Note: Accounting Procedures
Note: Accounting Procedures 1. Japan GAAP ! US GAAP figures will be released in late December 2. Scope of Consolidation and Application of Equity Method 00/9 01/3 01/9 changes changes Consolidated Subsidiaries 434 +11 445 +106 551 Equity Method 51 0 51 -2 49 5
Slide 6: Consolidated Results Summary
Consolidated Results Summary FY 2002 Interim FY 2001 Interim Changes (01/4-9) (00/4-9) Net billions of yen billions of yen billions of yen Sales 6,833.5 6,423.5 410.0 Operating billions of yen billions of yen billions of yen Income 506.5 376.1 130.4 Ordinary billions of yen billions of yen billions
Slide 7: Vehicle Sales
Vehicle Sales (2,900) Daihatsu(Overseas) (2,868) Toyota(Overseas) 3,000 2,654 2,692 (+38) Daihatsu(Japan) 2,509 33 Toyota(Japan) 39 2,500 2,135 52 Overseas Total 2,000 1,496 1,587 1,615 (+28) 1,548 1,582 1,444 1,500 1,341 1,000 238 239 229 Japan Total 1,067 1,013 1,077 (+10) 500 829 838 794 784 0 '9
Slide 8: Worldwide Production
Worldwide Production (thousands of units) Toyota(Overseas) Daihatsu(Japan) Toyota(Japan) 3,000 (2,836) (2,840) 2,541 2,551 (+10) 2,500 2,349 1,983 579 602 545 (+22) 2,000 479 325 305 313 1,500 Japan Total 1,000 1,804 1,962 1,949 (-12) 1,504 1,491 1,637 1,644 500 0 '98/4-9 '99/4-9 '00/4-9 '01/4-9 8 N
Slide 9: Contributions to Operating Income
Contributions to Operating Income Increase of 130.4billion yen Positive Factors Negative Factor 300.0 billion yen 169.6 billion yen • Favorable exchange • Increased labor costs rates 170.0 R&D costs, and IT, etc. • Cost savings 110.0 -169.6 • Sales increases 20.0 9
Slide 10: Business Segment
Business Segment Net Sales Operating Income (billions of yen) (billions of yen) (+677.6) (+164.0) Automotive 6,283.1 491.9 Financial (+50.0) (+4.4) Services 315.5 19.8 (-272.0) (-4.1) All Other 388.3 2.5 Note: Amounts in parentheses represent changes from the same 6 mos. period in the previous year
Slide 11: Geographical Segment
Geographical Segment Vehicle Net Operating Sales Sales Income (thousands of units) (billions of yen) (billions of yen) (+10) (+98.6) (+151.2) Japan 1,077 4,921.5 412.4 (+9) (+394.9) (+12.2) North America 860 2,723.7 104.9 (-6) (+67.1) (-2.7) Europe 363 616.6 -5.2 (+25) (+72.0) (-3.0) All Other 392 5
Slide 12: Capital Expenditure / Depreciation
Capital Expenditure / Depreciation Capital Expenditure Depreciation (billion yen) (billion yen) Parent 81.8 131.6 Domestic Subsidiaries 114.0 88.9 N. American Subsidiaries 140.9 80.2 European Subsidiaries 28.2 21.7 Other Regions 16.6 13.3 Total 381.5 335.7 12
Slide 13: II. Unconsolidated Financial Summary
II. Unconsolidated Financial Summary 13
Slide 14: Unconsolidated Results Summary
Unconsolidated Results Summary FY 2002 Interim FY 2001 Interim Changes (01/4-9) (00/4-9) billions of yen billions of yen billions of yen Net Sales 4,011.9 3,708.7 +303.2 billions of yen billions of yen billions of yen Operating Income 354.2 191.3 162.9 billions of yen billions of yen billions of yen
Slide 15: Shareholders' Return
Shareholders’ Return Interim Dividend Payout Aggregate Value of • 13 yen per share Shares Canceled Total Dividend Payout = 47.4 billion yen • 129.2 billion yen • Interim Payout Ratio = 23.3% for Interim FY2001 = 39.4% Total: 176 billion yen Shareholders’ Return Ratio = 86.8% Dividend Aggregate Value
Slide 16: III. Prospects for FY 2002
III. Prospects for FY 2002 16
Slide 17: Unconsolidated Automotive Operation Targets
Unconsolidated Automotive Operation Targets FY 2002 FY 2001 (01/4-02/3) (00/4-01/3) thousands of units thousands of units Automotive Japan 3,420 3,422 Production Overseas 1,820 1,751 Sales (Japan) 1,820 1,816 Exports 1,680 1,704 Sales (Overseas) 3,490 3,398 units units Housing Sales 3,200 3,596 17
Slide 18: FY 2002 Prospects (Unconsolidated)
FY 2002 Prospects (Unconsolidated) FY 2002 FY 2001 Changes (01/4-02/3) (00/4-01/3) billions of yen billions of yen billions of yen Net Sales 8,200.0 7,903.5 296.5 billions of yen billions of yen billions of yen Operating Income 660.0 506.8 153.2 billions of yen billions of yen billions of yen Ordina
Slide 19: FY 2002 Consolidated Prospects
FY 2002 Consolidated Prospects Vehicle Capital Depreciation R&D Sales Expenditures Expenses Expenses (thousands of units) (billions of yen) (billions of yen) (billions of yen) (+330) (+29.2) (+27.5) (+70.1) Consolidated 5,850 890.0 700.0 550.0 (+30) (-51.1) (-13.3) (Japan) 2,350 520.0 460.0 (-20) (+
Slide 20: FY 2002 Consolidated Prospects
FY 2002 Consolidated Prospects Vehicle Capital Depreciation R&D Sales Expenditures Expenses Expenses (thousands of units) (billions of yen) (billions of yen) (billions of yen) (+330) (+29.2) (+27.5) (+70.1) Consolidated 5,850 890.0 700.0 550.0 (+30) (-51.1) (-13.3) (Japan) 2,350 520.0 460.0 (-20) (+