Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2017 Earnings Presentation
25 slides from Toyota Motor's earnings presentation, May 10, 2017
Slide 1: FY2017 Financial Results
FY2017 Financial Results LEXUS LS500 (North American International Auto Show 2017 exhibition car) Toyota Motor Corporation May 10, 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: FY2017 Financial Results
FY2017 Financial Results FY2017 Financial Performance FY2018 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,681 8,971 (+290) 8,000 2,274 (+215) Japan 2,059 N. America 6,000 Europe 2,839 2,837 (-2) Asia 4,000 Other Central and 844 925 (+81) South America, Oceania, 2,000 1,345 1,588 (+243) Africa, The Middle East, etc. 1,594 1,347 (-247) 0 FY2016 F
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2017 FY2016 (’16/4-’17/3) Change (’15/4-’16/3) Net Revenues 27,597.1 28,403.1 -805.9 -2.8% Operating Income 1,994.3 2,853.9 -859.5 -30.1% Operating margin 7.2% 10.0% - - Income before income taxes and equity in earnings of affiliated 2,193.8 2,983.3
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +120.0 2,853.9 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +210.0 -940.0 Marketing -530.0 +440.0 Efforts *2 1,994.3 Increase in -39.5 Effects of Cost Expenses, Other *4 FOREX Reduction etc. *
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. 1,206.0 billion yen (-470.7 billion yen year on year) 2,274 (+215) 2,059 Declined due to the e
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. 330.9 billion yen (-174.7 billion yen year on year) 2,839 2,837 (-2) Decreased mainly
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. -11.8 billion yen (-87.6 billion yen year on year) 925 (+81) Decreased mostly due to an incre
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. 424.4 billion yen (-30.5 billion yen year on year) 1,588 (+243) Declined largely due to the eff
Slide 12: Geographic Operating Income: Central & South America, Oceania, Africa and 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. 63.4 billion yen (-39.9 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. 240.4 billion yen (-78.6 billion yen year on year) Operating income decreased, despite growth in the lending balance, mainly due to increased c
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 362.0 (+32.9) 329.0 Japan China Other 194.3 241.7 (+47.4) Retail Sales Results in China 104.9 85.1 (-19.7) (thousands of vehicles) ‘15/1-12 ‘16/1-12 29.8 35.0 (+5.2) Retail Sales Volume 1,122 1,214 FY2016 FY2017 Change (’15/4-’16/3) (’16/4
Slide 15: Shareholder Return
1 Shareholder Return* Year-end Dividend 110 yen per common share Full-Year Dividend 210 yen per share Total Amount of Payment 627.5 billion yen, Payout Ratio*2 34.6% Dividend per Share Net Income (yen) Dividend per Share and Net Income 210 210 (billions of yen) 2,500 200 200 200 Interim Dividend Yea
Slide 16: Shareholder Return
Shareholder Return Share Repurchase (max) 250.0 billion yen/50 million shares (Repurchase Program to be implemented from May 17, 2017 to August 31, 2017) (billions of yen) 1,000 For Shareholder Return(Interim) 900 For Shareholder Return(Year-end) 47 M shares/ 800 349.9 B yen 700 For Avoidance of Dil
Slide 17: Shareholder Return
Shareholder Return FY2017 FY2016 Dividends on 627.5 billion yen 645.5 billion yen Common Shares (210 yen per share) (210 yen per share) Dividends on First Dividend 4.9 billion yen 2.4 billion yen Series Model AA Class Shares (105 yen per share) (52 yen per share) Total Amount of Dividends 632.4 bill
Slide 18: FY2017 Financial Results
FY2017 Financial Results FY2017 Financial Performance FY2018 Financial Forecasts
Slide 19: FY2018 Forecasts: Consolidated Vehicle Sales
FY2018 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,971 8,900 (-71) 8,000 2,274 2,200 (-74) Japan N. America 6,000 Europe 2,837 2,820 (-17) Asia Other 4,000 920 (-5) Central and 925 South America, Oceania, 2,000 1,588 1,600 (+12) Africa, The Middle East, etc. 1,347 1,360 (+
Slide 20: FY2018 Forecasts: Consolidated Financial Summary
FY2018 Forecasts: Consolidated Financial Summary (billions of yen) FY2018 Forecasts FY2017 Results (’17/4-’18/3) (’16/4-’17/3) Change Net Revenues 27,500.0 27,597.1 -97.1 Operating Income 1,600.0 1,994.3 -394.3 Operating margin 5.8% 7.2% - Income before income taxes and equity in earnings of 1,800.0
Slide 21: Analysis of FY2018 Forecasts: Consolidated Operating Income
Analysis of FY2018 Forecasts: Consolidated Operating Income (billions of yen) -300.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 1,994.3 -110.0 +90.0 -245.0 Effects of Cost FOREX Reduction Effects of -145.0 +15.7 1,600.0 Rates *1 Efforts Marketing Inc
Slide 22: FY2018 Consolidated Forecasts: R&D, CAPEX, Depreciation
FY2018 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures 1,300 Depreciation Expenses 1,200 950.0 885.1 893.2 775.9 806.2 1,100 1,000 900 1,177.4 1,292.5 1,300.0 1,050.0 1,211.8 1,055.6 1,037.5 1,000.7 800 1,004.5 910.5 700 0 FY2014 FY2015 FY2016 FY2
Slide 23: FY2017 Financial Results
FY2017 Financial Results Toyota Camry (North American International Auto Show 2017 exhibition car) Toyota Motor Corporation May 10, 2017
Slide 24: FY2018 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2018 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) FY2018 Forecasts FY2017 Results (’17/4-’18/3) (’16/4-’17/3) T Japan 3,150 3,188 o Vehicle 1 y Production* Overseas 5,750 5,891 o t Total 8,900 9,079 a & Japan 1,550 1,636 Retail 2 L * Overseas 7,750 7,662 e Veh
Slide 25: 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,P19 Number of vehicles