Slide 1: Fiscal Year Ended March 2011 Financial Results
FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS Mazda MINAGI Mazda Motor Corporation April 28, 2011 1
Slide 2: Presentation Outline
PRESENTATION OUTLINE Highlights Fiscal Year Ended March 2011 Results In Summary Question & Answer Session Future Actions 2
Slide 3: Highlights
HIGHLIGHTS 3
Slide 4: FY Ended March 2011 Highlights (1)
FY ENDED MARCH 2011 HIGHLIGHTS (1) Revenue was ¥2,325.7 billion, exceeding that of prior year. Operating profit was ¥23.8 billion, 2.5 times higher, and ordinary profit was ¥36.9 billion, 8 times higher than prior year. Achieved increases both in revenue and profit In spite of the impact of the eart
Slide 5: FY Ended March 2011 Highlights (2) - Market Summary
FY ENDED MARCH 2011 HIGHLIGHTS (2) - MARKET SUMMARY Global sales volume was 1,273,000 units, up 80,000 units or 7% year-over-year thanks to sales growth in major markets New Premacy/Mazda5 was successfully launched globally CX-7 and CX-9 achieved record sales volume due to growth mainly in North Ame
Slide 6: FY Ending March 2012 Highlights
FY ENDING MARCH 2012 HIGHLIGHTS Implementing activities to recover full and stable production following the Great Eastern Japan Earthquake together with our suppliers with all our efforts Our sales momentum continues with our competitive product range and our sales network and customer base, which a
Slide 7: Impact of Earthquake and Current Production Situation
IMPACT OF EARTHQUAKE AND CURRENT PRODUCTION SITUATION Impact of earthquake in FY ended March 2011 Earthquake Result Impact - Domestic production (000) 46 867 Current production situation - Resumed production at our plants in Hiroshima and Hofu from April 4. Started continuous operations from April 1
Slide 8: Fiscal Year Ended March 2011 Results
FISCAL YEAR ENDED MARCH 2011 RESULTS 8
Slide 9: FY Ended March 2011 Financial Metrics
FY ENDED MARCH 2011 FINANCIAL METRICS Memo: Full Year Change Feb. Forecast for FY Ended FY Ended FY March (Billion yen) March 2011 March 2010 Amount YOY(%) 2011 Revenue 2,325.7 2,163.9 161.8 7 2,300.0 Operating profit 23.8 9.5 14.3 152 25.0 Ordinary profit 36.9 4.6 32.3 694 36.0 Profit before tax 16
Slide 10: Cash Flow and Net Debt
CASH FLOW AND NET DEBT Full Year FY Ended FY Ended Improvement/ (Billion yen) March 2011 March 2010 (Deterioration) Free Cash Flow 1.6 67.4 - Cash and Cash equivalent 322.8 346.3 (23.5) Net Debt (370.2) (375.8) 5.6 Net Debt-to-equity Ratio 86 % 74 % (12) Pts Equity Ratio 24 % 26 % (2) Pts 10
Slide 11: Key Sales Data
KEY SALES DATA Memo: Full Year Change Feb. Forecast for FY Ended FY Ended FY Ended March 2011 March 2010 Volume YOY(%) March 2011 Global sales volume (000) Japan 206 221 (15) (7) 215 North America 342 307 35 12 358 USA 238 210 28 13 246 Europe 212 239 (27) (12) 218 China 236 196 40 20 252 Other Mark
Slide 12: Japan
JAPAN Full Year Sales Volume (000) / Share (%) 10 221 206 200 (7)% New Premacy 4.5 4.5 5 Share maintained at prior year 100 level at 4.5% thanks to strong sales of new Premacy and Demio Monthly average sales of new Premacy exceeded its targets 0 0 Sales volume was 206,000 units reflecting lower indu
Slide 13: North America
NORTH AMERICA Full Year Sales Volume (000) / US Share (%) 4 342 307 Canada, 300 others Canada, 12% others 104 Mazda3 97 Sales increased 12% from the prior 200 year to 342,000 units, driven by 2 strong sales of CX-7 and CX-9, in 2.0 addition to incremental volume of 1.9 Mazda2 which was introduced in
Slide 14: Europe
EUROPE Full Year Sales Volume (000) / Share (%) 4 239 212 200 (12)% Mazda CX-7 Sales were 212,000 units due to lower 2 industry volume 100 1.3 1.2 Introduced new Mazda5 diesel-engine model in January, and its sales and segment share exceeded the prior year levels mainly in Germany In Germany, due to
Slide 15: China
CHINA Full Year Sales Volume (000) / Share (%) 236 200 196 20% 2 Mazda6 Sales increased by 20% to a record high level of 236,000 100 units, due to strong sales of key 1.3 1.3 models including Mazda3 and Mazda6 Share maintained at prior year level at 1.3% Sales network enhancement 0 0 initiatives are
Slide 16: Other Markets
OTHER MARKETS Full Year Sales Volume (000) / Share in Australia (%) 300 20 277 230 15 20% AAT-produced Mazda2 200 Sales in other markets increased by 20% to 277,000 units 8.4 10 8.2 Achieved the highest sales 100 volume and share in Australia and Thailand 5 Achieved record-high sales in Indonesia, M
Slide 17: Operating Profit Change
OPERATING PROFIT CHANGE FY Ended March 2011 Compared with FY Ended March 2010 (Billion yen) Includes the decrease of about ¥5 billion due to the impact of the earthquake 50.0 Vol. & Mix + 35.7 Exchange US Dollar (20.7) 40.0 Euro (20.7) Other (2.3) FY Ended March 2011 30.0 Other + 16.7 23.8 20.0 FY E
Slide 18: Breakdown of Non-Operating and Extraordinary Profit/Loss
BREAKDOWN OF NON-OPERATING AND EXTRAORDINARY PROFIT/LOSS Memo: FY Ended Feb. Forecast Main items (Billion yen) March 2011 for FY Ended Exchange gain 9.2 Results Equity method income 14.2 March 2011 Interest paid (10.0) Operating profit 23.8 25.0 Non-operating Main items profit/(expense) 13.1 Reserve
Slide 19: In Summary (1)
IN SUMMARY (1) <FY Ended March 2011> In spite of the impact of the earthquake, achieved increases in revenue and both in operating and ordinary profit Until impacted by the earthquake, operating profit was about ¥28 billion Improved business performance in sales, cost improvements and other areas Co
Slide 20: In Summary (2)
IN SUMMARY (2) <FY Ending March 2012> Current production situation - Resumed production at our plants in Hiroshima and Hofu from April 4. Started continuous operations from April 13 (50% to 70% utilization ratio) Implementing actions to recover full and stable production with our suppliers with all
Slide 21: Future Actions
FUTURE ACTIONS <Production Actions post the Great Eastern Japan Earthquake > Confirm supplier situation and take action to restore plant operating rate Manage market and product mix to maximize revenues <For the future > Continue development, production launch and successful market introduction of N
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Slide 23: Appendix
APPENDIX 23
Slide 24: FY Ended March 2011 Financial Metrics - Fourth Quarter
FY ENDED MARCH 2011 FINANCIAL METRICS Fourth Quarter Change FY Ended FY Ended (Billion yen) March 2011 March 2010 Amount YOY (%) Revenue 607.8 616.0 (8.2) (1) Operating profit 10.6 20.5 (9.9) (48) Ordinary profit 13.8 23.5 (9.7) (41) Profit before tax (2.6) 14.1 (16.7) - Net income (62.8) 9.9 (72.7)
Slide 25: Revenue Change - 4th Quarter
REVENUE CHANGE FY Ended March 2011 4th Quarter Compared with FY Ended March 2010 4th Quarter (Billion yen) FY Ended March 2011 607.8 FY Ended March 2010 616.0 Japan (5)% Overseas 8% 5% 3% (4)% (1)% Total Vol. & Mix Exchange (5)% 25
Slide 26: Key Sales Data - Fourth Quarter
KEY SALES DATA Fourth Quarter FY Ended FY Ended March 2011 March 2010 Change Global sales volume (000) Japan 53 71 (18) North America 85 79 6 Europe 57 63 (6) China 50 54 (4) Other Markets 71 62 9 Total 316 329 (13) Consolidated wholesales (000) Japan 51 69 (18) North America 89 91 (2) Europe 62 64
Slide 27: Operating Profit Change - 4th Quarter
OPERATING PROFIT CHANGE FY Ended March 2011 4th Quarter Compared with FY Ended March 2010 4th Quarter (Billion yen) 30.0 Improvement Includes the decrease of about ¥5 billion (Deterioration) FY Ended due to the impact of the earthquake 25.0 March 2010 20.5 Vol. & Mix 20.0 Exchange (2.3) FY Ended 15.
Slide 28: Revenue by Geographic Area
REVENUE BY GEOGRAPHIC AREA (Billion yen) 616.0 607.8 578.0 579.7 600 562.1 557.6 65.6 560.2 99.1 51.6 69.7 73.1 57.4 66.8 128.9 428.2 93.1 96.5 125.2 137.5 118.0 112.9 Other 48.9 Europe 95.5 163.3 175.0 140.3 300 137.3 164.9 160.5 148.2 North America 100.5 235.2 269.8 220.0 235.7 258.3 240.2 Japan 2
Slide 29: Revenue by Product
REVENUE BY PRODUCT (Billion yen) 616.0 607.8 579.7 600 562.1 557.6 65.6 578.0 560.2 66.8 61.8 67.2 62.0 55.8 57.0 63.5 54.7 53.7 55.6 57.3 59.0 53.3 428.2 Other 56.1 486.3 Parts 53.1 300 493.5 462.6 442.8 442.7 456.9 443.4 Vehicle / Parts for 319.1 overseas production 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY En
Slide 30: Revenue Change
REVENUE CHANGE FY Ended March 2011 Compared with FY Ended March 2010 (Billion yen) FY Ended March 2011 2,325.7 FY Ended March 2010 2,163.9 15% Japan (2)% Overseas 13% 11% 5% 7% (4)% (5)% Total Vol. & Mix Exchange 30
Slide 31: Operating Profit Change vs February Forecast
OPERATING PROFIT CHANGE FY Ended March 2011 Compared with February Forecast (Billion yen) Improvement Includes the decrease of about ¥5 billion (Deterioration) due to the impact of the earthquake 30 Feb. Forecast Results 25.0 Other Vol. & Mix 23.8 + 5.0 Marketing Cost Expense Improvement 20 + 1.2 Ex
Slide 32: Key Sales Data - Half Year
KEY SALES DATA FY Ended March 2011 Change from Prior Year 1st Half 2nd Half Full year 1st Half 2nd Half Full year Global sales volume (000) Japan 125 81 206 20 (35) (15) North America 177 165 342 19 16 35 Europe 108 104 212 (15) (12) (27) China 112 124 236 27 13 40 Other Markets 137 140 277 31 16 47
Slide 33: Key Data
KEY DATA (Billion yen) 100 91.0 85.2 76.4 71.6 50 44.7 29.8 0 FY Ended FY Ended FY Ended FY Ended FY Ended FY Ended March 2010 March 2011 March 2010 March 2011 March 2010 March 2011 Capital Spending Depreciation R&D cost 33
Slide 34: Disclaimer
DISCLAIMER The projections and future strategies shown in this presentation are based on various uncertainties including without limitation the conditions of the world economy in the future, the trend of the automotive industry and the risk of exchange-rate fluctuations. So, please be aware that Maz