Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2011 Q2 Earnings Presentation
24 slides from Toyota Motor's earnings presentation, Nov 5, 2010
Slide 1: FY2011 Second Quarter Financial Results
FY2011 Second Quarter Financial Results Toyota Motor Corporation November 5, 2010
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements 2 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
Slide 3: Caution concerning Insider Trading
Caution concerning Insider Trading 3 A discussion of these and other factors which may affect Toyota’s actual results, performance, achievements or financial position is contained in Toyota’s annual report on Form 20-F, which is on file with the United States Securities and Exchange Commission. Unde
Slide 4: FY2011 First Half Financial Results
FY2011 First Half For the 6 months ended Sept. 30, 2010 Financial Results
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales 5 FY2011 FY2011 FY2011 FY2011 (thousands of vehicles) 1H 1H (thousands of vehicles) 2Q 2Q 4,000 2,500 3,715 （+585） 3,130 1,085 （+182） 2,000 1,895 （+166） 3,000 1,729 Japan 903 586 （+90） 1,500 496 N. America 2,000 1,041 （+137） Europe 904 Asia 515 1,000 518 （-3） 368 （-67） Oth
Slide 6: Consolidated Financial Summary (FY2011 First Half)
Consolidated Financial Summary (FY2011 First Half) 6 (billions of yen) FY2011 FY2010 1H 1H Change ('10/4-9) ('09/4-9) Net Revenues 9,678.4 8,377.6 1,300.8 15.5% Operating Income 323.1 -136.9 460.0 - Income before income taxes and equity in earnings of affiliated companies 392.0 -63.0 455.0 - Net Inc
Slide 7: Analysis of Consolidated Net Income (FY2011 First Half)
Analysis of Consolidated Net Income* (FY2011 First Half) 7 (billions of yen) * Net income attributable to Toyota Motor Corporation Net income*(+345.1) Operating Income (+460.0) Excluding Valuation Gains/Losses from Interest Rate Swaps (+477.3) Marketing Efforts +570.0 289.1 Increases in Equity in Co
Slide 8: Consolidated Financial Summary (FY2011 Second Quarter)
Consolidated Financial Summary (FY2011 Second Quarter) 8 (billions of yen) FY2011 FY2010 2Q 2Q Change ('10/7-9) ('09/7-9) Net Revenues 4,806.7 4,541.6 265.1 5.8% Operating Income 111.5 58.0 53.5 92.2% Income before income taxes and equity in earnings of affiliated companies 129.1 75.5 53.6 70.9% Net
Slide 9: Analysis of Consolidated Net Income (FY2011 Second Quarter)
Analysis of Consolidated Net Income* (FY2011 Second Quarter) 9 * Net income attributable to Toyota Motor Corporation (billions of yen) Net income*(+76.9) Operating Income (+53.5) Excluding Valuation Gains/Losses Marketing from Interest Rate Swaps (+61.4) Efforts +170.0 98.7 Equity in Cost Effects of
Slide 10: Geographic Operating Income (FY2011 First Half)
Geographic Operating Income (FY2011 First Half) 10 *1 Japan includes exported vehicles. (billions of yen) *2 N.America excludes valuation gains/losses from interest rate swaps. North America '09/4-9 '10/4-9 Operating Income Excluding Consolidated Vehicle Sales (thousands of vehicles) Valuation Gains
Slide 11: Geographic Operating Income (FY2011 Second Quarter)
Geographic Operating Income (FY2011 Second Quarter) 11 *1 Japan includes exported vehicles. (billions of yen) *2 N.America excludes valuation gains/losses from interest rate swaps. North America '09/7-9 '10/7-9 Operating Income Excluding Consolidated Vehicle Sales (thousands of vehicles) Valuation G
Slide 12: Financial Services Operating Income
Excluding Valuation Gains/Losses Financial Services Operating Income from Interest Rate Swaps 12 FY2011 FY2011 FY2011 FY2011 (billions of yen) 1H 1H (billions of yen) 2Q 2Q 200 184.1 150 150 100 107.5 72.9 74.6 100 50 50 +76.6 +1.7 0 0 '09/4-9 '10/4-9 (billions of yen) '09/7-9 '10/7-9 (billions of y
Slide 13: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies 13 FY2011 FY2011 FY2011 FY2011 1H 1H 2Q 2Q (billions of yen) (billions of yen) 150 100 133.8 100 63.8 50 50 +189.3 +122.9 ’09/4-9 ’09/7-9 0 0 '10/4-9 '10/7-9 -55.5 -59.1 ･Increased earnings of affiliated companies in Japan and China ･The valuation losses on
Slide 14: Unconsolidated Financial Summary
Unconsolidated Financial Summary (Japan GAAP, FY2011 First Half) 14 (billions of yen) FY2011 FY2010 1H 1H Change ('10/4-9) ('09/4-9) Net Revenues 4,356.4 3,656.6 699.8 19.1% Operating Income -149.4 -265.7 116.3 - Ordinary Income 190.8 -46.3 237.1 - Net Income 201.0 -18.8 219.8 -
Slide 15: Shareholder Return (Interim Dividend)
Shareholder Return (Interim Dividend) 15 Interim Interim Dividend: Dividend: 20 20 yen yen per per Share Share (Total (TotalAmount AmountofofPayout: Payout:62.7 62.7billion billionyen) yen) (yen) (billions of yen) 200 2,000 Dividend per Share and Net Income Net Income (right axis) 140 150 1,500 120
Slide 16: FY2011 Financial Forecasts
FY2011 Financial Forecasts
Slide 17: FY2011 Forecasts: Consolidated Vehicle Sales
FY2011 Forecasts: Consolidated Vehicle Sales 17 (thousands of vehicles) 8,000 7,380 7,410 （+30） 7,237 1,970 1,990 （+20） 2,163 6,000 Japan N. America 2,170 2,090 （-80） Europe 4,000 2,098 Asia 770 780 （+10） Other 858 Central and South America, 2,000 1,150 1,230 （+80） Oceania, 979 Africa, The Middle Ea
Slide 18: FY2011 Forecasts: Consolidated Financial Summary
FY2011 Forecasts: Consolidated Financial Summary 18 (billions of yen) New Forecasts Previous Forecasts FY2010 Results Change ('09/4-'10/3) ('10/4-'11/3) ('10/4-'11/3) Net Revenues 19,000.0 19,500.0 -500.0 18,950.9 Operating Income 380.0 330.0 50.0 147.5 Income before income taxes and equity in earni
Slide 19: Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. Previous Forecasts)
Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. Previous Forecasts) 19 (billions of yen) Operating Income FY2011 Previous Forecasts('10/4-'11/3) 330.0 Marketing Efforts +120.0 Financial Services +30.0 Positive Factors Cost Reduction Efforts +10.0 Decreases in Expenses, etc. +40.0 To
Slide 20: Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. FY2010 Results)
Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. FY2010 Results) 20 (billions of yen) Operating Income FY2010 Results('09/4-'10/3) 147.5 Marketing Efforts +280.0 Financial Services +80.0 Positive Factors Cost Reduction Efforts +140.0 Decreases in Expenses, etc. +160.0 Total +580.0 Ef
Slide 21: FY2011 Consolidated Forecasts: CAPEX, Depreciation, R&D
FY2011 Consolidated Forecasts: CAPEX, Depreciation, R&D 21 (billions of yen) Previous New Forecasts FY2010 Results ('10/4-'11/3) Forecasts Change ('09/4-'10/3) ('10/4-'11/3) Capital 670.0 740.0 -70.0 579.0 Expenditures Depreciation 850.0 900.0 -50.0 1,032.0 Expenses R&D 760.0 760.0 ±0 725.3 Expenses
Slide 22: FY2011 Unconsolidated Forecasts (Japan GAAP)
(Reference) FY2011 Unconsolidated Forecasts (Japan GAAP) 22 (billions of yen) New Forecasts Previous Forecasts ('10/4-'11/3) ('10/4-'11/3) Change Net Revenues 8,400.0 8,500.0 -100.0 Operating Income -490.0 -430.0 -60.0 Ordinary Income -60.0 -50.0 -10.0 Net Income 60.0 60.0 ±0
Slide 23: FY2011 Toyota's Operations Forecasts
(Reference) FY2011 Toyota’s Operations Forecasts 23 (thousands of vehicles) FY2011 Forecasts FY2010 Results ('10/4-'11/3) ('09/4-'10/3) Japan 3,200 3,206 Vehicle Production Overseas 4,250 4,072 Total 7,450 7,278 Japan* 1,400 * 1,535 * Vehicle Sales Overseas 6,050 5,755 Total 7,450 7,290 Exports 1,80
Slide 24: FY2011 Second Quarter Financial Results
FY2011 Second Quarter 24 Financial Results Verso-S Toyota Motor Corporation November 5, 2010