Toyota Motor Corp. · TSE:7203
Toyota Motor — Q3 FY2013 Earnings Presentation
24 slides from Toyota Motor's earnings presentation, Feb 5, 2013
Slide 1: FY2013 Third Quarter Financial Results
FY2013 Third Quarter Financial Results LEXUS LS600h Toyota Motor Corporation February 5, 2013
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: FY2013 Third Quarter Financial Results
FY2013 Third Quarter Financial Results
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales 5 FY2013 FY2013 3Q 9 months (thousands of vehicles) (thousands of vehicles) 3,000 8,000 6,629 (+1,634) 2,113 (+144) 6,000 Japan 1,668 (+311) 2,000 1,969 4,995 N. America 476 (-85) 561 Europe 1,357 4,000 1,865 (+597) Asia 604 (+25) 579 1,268 Other 1,000 603 (+23) Central an
Slide 6: Consolidated Financial Summary (FY2013 Third Quarter)
Consolidated Financial Summary (FY2013 Third Quarter) 6 (billions of yen) FY2013 FY2012 3Q 3Q Change ('12/10-12) ('11/10-12) Net Revenues 5,318.7 4,865.2 453.5 9.3% Operating Income 124.7 149.6 -24.9 -16.7% Income before income taxes and equity in earnings of affiliated companies 131.2 198.6 -67.3 -
Slide 7: Analysis of Consolidated Net Income (FY2013 Third Quarter)
Analysis of Consolidated Net Income* (FY2013 Third Quarter) 7 (billions of yen) * Net Income attributable to Toyota Motor Corporation Net Income* (+18.9) Operating Income (-24.9) Excluding Valuation Gains/Losses from Interest Rate Swaps (-5.5) Equity in Cost Increase in Non- Income Other Earnings of
Slide 8: Consolidated Financial Summary (FY2013 9 months)
Consolidated Financial Summary (FY2013 9 months) 8 (billions of yen) FY2013 FY2012 9 months 9 months Change ('12/4-12) ('11/4-12) Net Revenues 16,227.1 12,881.1 3,345.9 26.0% Operating Income 818.5 117.1 701.3 598.9% Income before income taxes and equity in earnings of affiliated companies 925.7 197
Slide 9: Analysis of Consolidated Net Income (FY2013 9 months)
Analysis of Consolidated Net Income* (FY2013 9 months) 9 (billions of yen) * Net Income attributable to Toyota Motor Corporation Net Income*(+485.6) Operating Income (+701.3 ) Excluding Valuation Gains/Losses from Interest Rate Swaps (+701.7) Marketing Efforts +660.0 648.1 Equity in Income 162.5 Cos
Slide 10: Geographic Operating Income (FY2013 Third Quarter)
Geographic Operating Income (FY2013 Third Quarter) 10 (billions of yen) * N. America excludes Valuation Gains/Losses from Interest Rate Swaps North America '11/10-12 '12/10-12 Change Operating Income Excluding Valuation Gains/Losses from Interest Rate Swaps 68.4 -20.4 -88.8 Valuation Gains/Losses fr
Slide 11: Geographic Operating Income (FY2013 9 months)
Geographic Operating Income (FY2013 9 months) 11 (billions of yen) * N. America excludes Valuation Gains/Losses from Interest Rate Swaps North America '11/4-12 '12/4-12 Change Operating Income Excluding Valuation Gains/Losses from Interest Rate Swaps 114.3 134.1 19.7 Valuation Gains/Losses from Inte
Slide 12: Financial Services Operating Income
Excluding Valuation Gains/Losses Financial Services Operating Income from Interest Rate Swaps 12 FY2013 FY2013 (billions of yen) 3Q (billions of yen) 9 months 300 300 226.4 215.8 200 200 +4.9 -10.5 100 100 63.0 67.9 0 0 '11/10-12 '12/10-12 '11/4-12 '12/4-12 (billions of yen) (billions of yen) '11/10
Slide 13: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies 13 FY2013 FY2013 3Q 9 months (billions of yen) (billions of yen) 100 200 182.0 150 135.2 55.6 58.1 50 100 +2.5 +46.8 50 0 0 '11/10-12 '12/10-12 '11/4-12 '12/4-12 Equity in earnings increased due to increased earnings of affiliated companies in Japan for bot
Slide 14: FY2013 Financial Forecasts
FY2013 Financial Forecasts TOYOTA
Slide 15: FY2013 Forecasts: Consolidated Vehicle Sales
FY2013 Forecasts: Consolidated Vehicle Sales 15 (thousands of vehicles) 10,000 8,750 8,850 (+100) 8,000 7,352 2,250 2,250 (±0) 2,071 Japan 6,000 2,400 2,450 (+50) N. America Europe 1,872 4,000 820 (+30) Asia 790 798 Other 1,730 1,710 (-20) Central and South America, 2,000 1,327 Oceania, Africa, The
Slide 16: FY2013 Forecasts: Consolidated Financial Summary
FY2013 Forecasts: Consolidated Financial Summary 16 (billions of yen) New Forecasts Previous Forecasts FY2012 Results ('12/4-'13/3) ('12/4-'13/3) Change ('11/4-'12/3) Net Revenues 21,800.0 21,300.0 500.0 18,583.6 Operating Income 1,150.0 1,050.0 100.0 355.6 Income before income taxes and equity in e
Slide 17: Analysis of FY2013 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2013 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) 17 (billions of yen) Operating Income FY2013 Previous Forecasts('12/4-'13/3) 1,050.0 Effects of FOREX Rates +140.0 Marketing Efforts +80.0 Positive Factors Financial Services +10.0 Cost Reduction Efforts +60.0 Total
Slide 18: FY2013 Consolidated Forecasts: CAPEX, Depreciation, R&D
FY2013 Consolidated Forecasts: CAPEX, Depreciation, R&D 18 (billions of yen) New Forecasts Previous Forecasts FY2012 Results （'12/4-'13/3） （'12/4-'13/3） Change （'11/4-'12/3） Capital 850.0 820.0 30.0 706.7 Expenditures Depreciation 740.0 730.0 10.0 732.9 Expenses R&D 810.0 810.0 ±0 779.8 Expenses
Slide 19: FY2013 Third Quarter Financial Results
FY2013 Third Quarter Financial Results AVALON Toyota Motor Corporation February 5, 2013
Slide 20: (Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 Third Quarter)
(Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 Third Quarter) 20 (billions of yen) FY2013 FY2012 3Q 3Q Change ('12/10-12) ('11/10-12) Net Revenues 2,242.8 2,288.0 -45.1 -2.0% Operating Income -46.2 -98.1 51.7 - Ordinary Income 212.6 15.8 196.8 - Net Income 200.8 -80.1 281.0 -
Slide 21: (Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 9 months)
(Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 9 months) 21 (billions of yen) FY2013 FY2012 9 months 9 months Change ('12/4-12) ('11/4-12) Net Revenues 7,122.0 5,634.6 1,487.3 26.4% Operating Income 21.5 -420.4 441.9 - Ordinary Income 618.2 -59.8 678.0 - Net Income 517.6 -30.4 548.
Slide 22: (Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 Forecasts)
(Reference) Unconsolidated Financial Summary (Japan GAAP, FY2013 Forecasts) 22 (billions of yen) New Forecasts Previous Forecasts Change ('12/4-'13/3) ('12/4-'13/3) Net Revenues 9,600.0 9,200.0 400.0 Operating Income 150.0 -20.0 170.0 Ordinary Income 780.0 570.0 210.0 Net Income 630.0 470.0 160.0
Slide 23: (Reference) Analysis of FY2013 Forecasts: Consolidated Operating Income (vs. FY2012 Results)
(Reference) Analysis of FY2013 Forecasts: Consolidated Operating Income (vs. FY2012 Results) 23 (billions of yen) Operating Income FY2012 Results ('11/4-'12/3) 355.6 Marketing Efforts +640.0 Financial Services -15.0 Positive Factors Cost Reduction Efforts +430.0 Effects of FOREX Rates +30.0 Total +1
Slide 24: (Reference) FY2013 Forecasts: Vehicle Production and Sales (Toyota and Lexus)
(Reference) FY2013 Forecasts: Vehicle Production and Sales (Toyota and Lexus) 24 (thousands of vehicles) FY2013 Forecasts FY2012 Results ('12/4-'13/3) ('11/4-'12/3) Japan 3,350 3,119 Vehicle Production Overseas 5,150 4,410 Total 8,500 7,529 Japan* 1,600 * 1,413 * Vehicle Sales Overseas 7,100 5,999 T