Toyota Boshoku Corp. · TSE:3116

Toyota Boshoku — Q1 FY2019 Earnings Presentation

21 slides from Toyota Boshoku's earnings presentation, August 2018

  1. Slide 1: FY2019 1st Quarter Financial Results

    FOR LIMITED DISTRIBUTION 関係者外秘 FY2019 1st Quarter Financial Results Ended June 30, 2018

  2. Slide 2: Agenda

    1. 1st Quarter FY2019 Financial Results 2. 1st Half FY2019 Financial Forecast 3. FY2019 Financial Forecast

  3. Slide 3: 1st Quarter FY2019 Financial Highlights

    FOR LIMITED DISTRIBUTION 1-1) 1st Quarter FY2019 Financial Highlights 関係者外秘 ■Q1 1. Sales was higher than previous Q1 due to new models although seat volume decreased. 2. Operating Income was lower due to an increase in new product R&D, start-up costs with a switch in car models. ■1st Half, Full Year

  4. Slide 4: 1st Quarter FY2019 Financial Results

    FOR LIMITED DISTRIBUTION 1-2) 1st Quarter FY2019 Financial Results 関係者外秘 Overview of Financial Results: Apr - Jun 2018 (100 million yen) Q1 FY2018 Q1 FY2019 YOY Change Net Sales 3,324 100% 3,444 100% 119 3.6% Operating Income 162 4.9% 143 4.2% -19 △11.8% Ordinary Income 170 5.1% 163 4.8% -6 △3.9% Pr

  5. Slide 5: Unit Production by Region

    FOR LIMITED DISTRIBUTION 1-3) 1st Quarter FY2019 Financial Results Unit Production by Region 関係者外秘 Seat Assembly Production Total By Region (10,000 Units) (10,000 Units) YOY Change -2 Pct Change 1Q 1Q -1.0% FY18 FY19 183 181 -1 -1.8% +2 -0.3 +2.8% 75 73 -2 -1.2% 54 56 -7.2% 30 30 23 22 0 1Q FY2018 1

  6. Slide 6: Net Sales & Operating Income by Region (Japan, Americas)

    FOR LIMITED DISTRIBUTION 1-4) 1st Quarter FY2019 Financial Net Sales & Operating Income by Region 関係者外秘 Japan The Americas Income Variance ¥-23(100M) Income Variance ¥-5(100M) -Higher Sales Due to Model Mix Change -Lower Sales Due to Forex impact -Higher Labor & Overhead Costs for New -Lower Profit

  7. Slide 7: Net Sales & Operating Income by Region (Asia & Oceania, Europe & Africa)

    FOR LIMITED DISTRIBUTION 1-4) 1st Quarter FY2019 Financial Net Sales & Operating Income by Region 関係者外秘 Asia & Oceania Europe & Africa Income Variance ¥+9(100M) Income Variance ¥-0(100M) -Higher Sales Due to Volume increase in - Foreign exchange impact China, Forex Impact -End of production certain

  8. Slide 8: Operating Income Variance Analysis

    FOR LIMITED DISTRIBUTION 1-5) 1st Quarter FY2019 Financial Operating Income Variance Analysis 関係者外秘 (100 million yen) Operating Income -19(-11.8%) +12 -34 162 -2 -37 +43 -0 -2 143 Volume Model & Increase Product Mix FOREX Others Changes in Product Prices Increased Cost Overhead Reduction Costs Effor

  9. Slide 9: 1st Half FY2019 Financial Forecast

    1.1st Quarter FY2019 Financial Results 2. 1st Half FY2019 Financial Forecast 3. FY2019 Financial Forecast

  10. Slide 10: 1st Half FY2019 Financial Forecast

    FOR LIMITED DISTRIBUTION 2-1) 1st Half FY2019 Financial Forecast 関係者外秘 Consolidated Financial Forecast: Apr - Sep 2018 (100 million yen) H1 FY2019 H1 FY2019 YOY Change H1 FY2018 (Original) (Revised) (18 vs. 19 Revised Net Sales 6,700 100% 6,950 100% 6,723 100% 226 3.4% Operating Income 295 4.4% 295

  11. Slide 11: 1st Half Unit Production by Region

    FOR LIMITED DISTRIBUTION 2-2) 1st Half FY2019 Financial Forecast Unit Production by Region関係者外秘 Seat Assembly Production Total By Region (10,000 Units) (10,000 Units) YOY Change +6 Pct Change H1 H1 +1.5% FY18 FY19 365 371 -0 -0.3% +7 -0 +6.5% -0.7% -1 151 151 -2.0% 112 120 58 57 44 43 H1 H1 The Asia

  12. Slide 12: 1st Half Net Sales & Operating Income by Region (Japan, Americas)

    FOR LIMITED DISTRIBUTION 2-3) 1st Half FY2019 Financial Forecast Net Sales & Operating Income by関係者外秘 Region Japan The Americas Income Variance ¥-25(100M) Income Variance ¥-5(100M) -Higher Sales Due to Model Mix Change -Lower Sales Due to Model Mix and Forex -Higher Labor & Overhead Costs for New -L

  13. Slide 13: 1st Half Net Sales & Operating Income by Region (Asia, Europe)

    FOR LIMITED DISTRIBUTION 2-3) 1st Half FY2019 Financial Forecast Net Sales & Operating Income by関係者外秘 Region Asia & Oceania Europe & Africa Income Variance ¥+5(100M) Income Variance ¥+0(100M) -Higher Sales Due to Volume increase -End of production certain models in in China, Thailand FY2018 -Favorab

  14. Slide 14: FY2019 Financial Forecast

    1.1st Quarter FY2019 Financial Results 2. 1st Half FY2019 Financial Forecast 3. FY2019 Financial Forecast

  15. Slide 15: FY2019 Financial Forecast

    FOR LIMITED DISTRIBUTION 3-1) FY2019 Financial Forecast 関係者外秘 Consolidated Financial Forecast: Apr 2018 - Mar 2019 (100 million yen) FY2019 FY2019 YOY Change (Original) (Revised) FY2018 (18 vs. 19 Revised) Net Sales 13,600 100% 14,000 100% 13,995 100% 4 0.0% Operating Income 620 4.6% 620 4.4% 711 5.

  16. Slide 16: Unit Production by Region

    FOR LIMITED DISTRIBUTION 3-2) FY2019 Financial Forecast Unit Production by Region 関係者外秘 Seat Assembly Production Total By Region (10,000 Units) (10,000 Units) +9 YOY Change +1.2% Pct Change FY18 FY19 740 749 -0 -0.1% +17 +7.7% -4 315 315 -3.2% -4 219 236 -4.0% 116 112 89 86 The Asia & Europe & FY201

  17. Slide 17: Net Sales & Operating Income by Region (Japan, Americas)

    FOR LIMITED DISTRIBUTION 3-3) FY2019 Financial Forecast Net Sales & Operating Income by Region関係者外秘 Japan The Americas Income Variance ¥-62(100M) Income Variance ¥-54(100M) -Higher Sales Due to Model Mix Change -Lower Sales Due to Forex Impact, -Higher Labor & Overhead Costs for New Volume decrease

  18. Slide 18: Net Sales & Operating Income by Region (Asia, Europe)

    FOR LIMITED DISTRIBUTION 3-3) FY2019 Financial Forecast Net Sales & Operating Income by Region関係者外秘 Asia & Oceania Europe & Africa Income Variance ¥+40(100M) Income Variance ¥-15(100M) -Higher Sales Due to Volume increase in -Lower Sales due to End of Production China, Thailand certain models in FY2

  19. Slide 19: Operating Income Variance Analysis

    FOR LIMITED DISTRIBUTION 3-4) FY2019 Financial Forecast Operating Income Variance Analysis関係者外秘 (100 million yen) Operating Income -91(-12.9%) +45 -60 +30 711 -149 Volume Model & +192 -6 -10 620 Increase New Product Mix Models -133 FOREX Others Changes in Product Prices Increased Cost Overhead Reduc

  20. Slide 20: FY2019 Forecast By Half Year

    FOR LIMITED DISTRIBUTION 3-5) FY2019 Financial Forecast By Half Year 関係者外秘 Net Sales (100 million yen) FY2019 Forecast: Apr 2018 – Mar 2019 H1: Apr - Sep H2: Oct - Mar Full Year Japan 3,800 4,000 7,800 The Americas 1,300 1,250 2,550 Asia & Oceania 1,800 1,700 3,500 Europe & Africa 450 500 950 Consol

  21. Slide 21: Disclaimer

    Disclaimer This report contains forecasts and expectations that relate to future plans and strategies in addition to the expected financial results of the Toyota Boshoku Corporation and the Toyota Boshoku group. Within are estimates based on assumptions and opinions that have been formed by the comp

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