Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2018 Earnings Presentation
26 slides from Toyota Motor's earnings presentation, Aug 4, 2017
Slide 1: FY2018 First Quarter Financial Results
FY2018 First Quarter Financial Results CAMRY Hybrid Toyota Motor Corporation August 4, 2017
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: FY2018 First Quarter Financial Results
FY2018 First Quarter Financial Results FY2018 First Quarter Financial Performance FY2018 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 2,500 2,172 2,215 (+43) 2,000 Japan 511 544 (+33) N. America 1,500 Europe 715 723 (+8) Asia Other 1,000 Central and 222 240 (+18) South America, Oceania, 500 384 363 (-21) Africa, The Middle East, etc. 340 345 (+5) 0 FY2017 1Q FY2018 1Q Change (’16/
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2018 1Q FY2017 1Q Change ’ (’17/4-6) ’ (’16/4-6) Net Revenues 7,047.6 6,589.1 +458.4 +7.0% Operating Income 574.2 642.2 -67.9 -10.6% Operating margin 8.1% 9.7% - - Income before income taxes and equity in earnings of affiliated 679.3 677.0 +2.2 +0.3
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) -25.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 642.2 -35.0 +50.0 -30.0 -45.0 -7.9 574.2 Effects of Cost Effects of FOREX Reduction Marketing Increase in Other *4 Rates *1 Efforts Activitie
Slide 8: Geographic Operating Income Japan
Geographic Operating Income Japan * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 319.9 billion yen (+29.7 billion yen year on year) 544 (+33) 511 Increased mainly due to vehic
Slide 9: Geographic Operating Income North America
Geographic Operating Income North America * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 88.8 billion yen (-76.5 billion yen year on year) 715 723 (+8) Decreased largely a res
Slide 10: Geographic Operating Income Europe
Geographic Operating Income Europe * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 20.5 billion yen (+11.9 billion yen year on year) Increased mainly a result of increased vehi
Slide 11: Geographic Operating Income Asia
Geographic Operating Income Asia * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 102.8 billion yen (-21.7 billion yen year on year) 384 363 (-21) Decreased largely due to the e
Slide 12: Geographic Operating Income: Central & South America, Oceania, Africa, Middle East
Central & South America, Geographic Operating Income : Oceania, Africa and The Middle East * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 39.5 billion yen (+11.3 billion yen y
Slide 13: Financial Services Operating Income
Financial Services Operating Income Operating Income (billions of yen) * Operating Income* * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 75.1 billion yen (-6.4 billion yen year on year) Although the lending balance grew, there was an increase in costs related to loan losses and r
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 137.8 (+47.8) 140 Japan 120 China 100 90.0 Other 98.4 (+43.4) 80 60 55.0 40 Retail Sales Results in China (thousands of vehicles) 20 27.6 30.5 (+2.9) ’16/1-3 ’17/1-3 0 7.3 8.7 (+1.4) Retail Sales Volume 291 296 ’16/4-6 ’17/4-6 Change
Slide 15: Liquid Assets (Excluding Financial Services)
Liquid Assets (Excluding Financial Services) Net Liquid Assets as of June 30, 2017 : 7,872.8 billion yen (+109.7 billion yen compared to the end of March 2017) (billions of yen) Free Cash Flow (total) : +566.2 〔Compared to the end of March 2017〕 9,364.0 +210.1 -203.7 +164.5 Depreciation CAPEX -329.6
Slide 16: FY2018 First Quarter Financial Results
FY2018 First Quarter Financial Results FY2018 First Quarter Financial Performance FY2018 Financial Forecasts
Slide 17: FY2018 Forecasts: Consolidated Vehicle Sales
FY2018 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,900 8,900 ( 0) 8,971 8,000 2,274 Japan 2,200 2,250 (+50) N. America Europe 6,000 Asia 2,820 2,780 (-40) 2,837 Other 4,000 Central and 925 South America, 920 940 (+20) Oceania, Africa, 2,000 1,600 1,560 (-40) 1,588 The Midd
Slide 18: FY2018 Forecasts: Consolidated Financial Summary
FY2018 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts FY2017 Results (’17/4-’18/3) (’17/4-’18/3) Change (’16/4-’17/3) Net Revenues 28,500.0 27,500.0 +1,000.0 27,597.1 Operating Income 1,850.0 1,600.0 +250.0 1,994.3 Operating margin 6.5% 5.8% - 7.2% Incom
Slide 19: Analysis of FY2018 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2018 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) +20.0 0 0 1,850.0 +10.0 Other *4 Cost Marketing Expenses, +220.0 Reduction Efforts *2 etc. *3 1,600.0 Efforts Effects of +30.0 FOREX Excluding the overall impact of foreign exchange Rates *1 rates
Slide 20: Analysis of FY2018 Forecasts: Consolidated Operating Income (vs. FY2017 Results)
Analysis of FY2018 Forecasts: Consolidated Operating Income (vs. FY2017 Results) (billions of yen) -270.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +100.0 Increase in Cost -225.0 Expenses, 1,994.3 +110.0 Reduction etc. *3 Effects of Efforts Effects
Slide 21: Summaries of FY2018 First Quarter Financial Results
Summaries of FY2018 First Quarter Financial Results < FY 2018 First Quarter Financial Performance> - Consolidated vehicle sales were 2 million 215 thousand units. (+ 43 thousand units year on year) - Operating income was 574.2 billion yen. (- 67.9 billion yen year on year) - Decreased mainly due to
Slide 22: Activities for Enhancement of Competitiveness
Activities for Enhancement of Competitiveness - Shift R&D resources to crucial fields including autonomous driving, AI, and next generation environmental vehicles. “Offense” - Ensure technological capabilities including M & A at a “sowing” stage through Competitiveness various measures such as a fun
Slide 23: FY2018 First Quarter Financial Results
FY2018 First Quarter Financial Results CAMRY Toyota Motor Corporation August 4, 2017
Slide 24: (Reference) FY2018 Consolidated Forecasts: R&D, CAPEX, Depreciation
(Reference) FY2018 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures 1,300 Depreciation Expenses 960.0 1,200 885.1 893.2 1,100 806.2 775.9 1,000 1,320.0 1,292.5 900 1,211.8 1,055.6 1,037.5 1,060.0 1,177.4 800 1,004.5 1,000.7 910.5 700 0 FY2014 FY201
Slide 25: (Reference) FY2018 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2018 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) Revised Sales and Production Plan for New Forecasts Previous Forecasts (’17/4-’18/3) (’17/4-’18/3) Change CY2017 (’17/1-12) <Change from the previous plan> T Japan 3,180 3,150 +30 3,190 <-20> o Vehicle y Produc
Slide 26: (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 Customers Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales P5,17 Number of vehicles