Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2019 Q3 Earnings Presentation
24 slides from Toyota Motor's earnings presentation, Feb 6, 2019
Slide 1: FY2019 Third Quarter Financial Results
FY2019 Third Quarter Financial Results Supra (North American International Auto Show 2019 exhibition car) Toyota Motor Corporation February 6, 2019
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: FY2019 Third Quarter Financial Performance
FY2019 Third Quarter Financial Results FY2019 Third Quarter Financial Performance FY2019 Financial Forecasts 4
Slide 5: Consolidated Vehicle Sales (FY2019 9 months)
Consolidated Vehicle Sales (FY2019 9 months) (thousands of vehicles) 7,000 6,678 6,701 (+23) 6,000 1,639 1,595 (-44) Japan 5,000 N. America 4,000 2,132 2,091 (-41) Europe Asia 3,000 725 (+19) Other 706 Central and 2,000 South America, 1,148 1,275 (+127) Oceania, Africa, 1,000 The Middle East, 1,053
Slide 6: Consolidated Financial Summary (FY2019 9 months)
Consolidated Financial Summary (FY2019 9 months) (billions of yen) FY2019 FY2018 9 months 9 months Change (’18/4-12) (’17/4-12) Net Revenues 22,475.5 21,796.9 +678.5 Operating Income 1,937.9 1,770.1 +167.7 Margin 8.6% 8.1% Other Income -212.1 232.9 -445.1 Income before Income Taxes 1,725.7 2,003.1 -
Slide 7: Analysis of Consolidated Operating Income (FY2019 9 months)
Analysis of Consolidated Operating Income (FY2019 9 months) (billions of yen) +210.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. -10.0 Expenses including -52.3 1,937.9 +210.0 the impact of Other *4 Reduction Efforts *3 1,770.1 +10.0 +10.0 Effects of C
Slide 8: Geographic Operating Income (FY2019 9 months)
Geographic Operating Income (FY2019 9 months) Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) <<Japan>> <<N. America>> <<Europe>> <<Asia>> <<Other>> 1,639 2,132 2,091 (-41) 1,595 (-44) 1,275 (+1
Slide 9: Financial Services Operating Income (FY2019 9 months)
Financial Services Operating Income (FY2019 9 months) Operating Income (billions of yen) * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Operating Income* 263.8 billion yen (+43.1 billion yen year on year) Operating income increased, mainly due to an increase in the lending balan
Slide 10: FY2019 Financial Forecasts
FY2019 Third Quarter Financial Results FY2019 Third Quarter Financial Performance FY2019 Financial Forecasts 10
Slide 11: FY2019 Forecasts: Consolidated Vehicle Sales
FY2019 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,900 8,950 (+50) 8,964 8,000 2,255 Japan 2,200 2,230 (+30) N. America Europe 6,000 Asia 2,750 2,750 (±0) 2,806 Other 4,000 Central and 950 970 (+20) 968 South America, Oceania, Africa, 2,000 1,680 1,680 (±0) 1,543 The Middl
Slide 12: FY2019 Forecasts: Consolidated Financial Summary
FY2019 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts Change FY2018 Results (’18/4-’19/3) (’18/4-’19/3) (’17/4-’18/3) Net Revenues 29,500.0 29,500.0 ±0 29,379.5 Operating Income 2,400.0 2,400.0 ±0 2,399.8 Margin 8.1% 8.1% 8.2% Income before Income Taxes
Slide 13: Analysis of FY2019 Forecasts: Operating Income (vs. Previous Forecasts)
Analysis of FY2019 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) ±0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +85.0 -65.0 -10.0 2,400.0 +10.0 -20.0 2,400.0 Effects of Cost Marketing Expenses including Other *4 F
Slide 14: Analysis of FY2019 Forecasts: Operating Income (vs. FY2018 Results)
Analysis of FY2019 Forecasts: Consolidated Operating Income (vs. FY2018 Results) (billions of yen) +135.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +220.0 -95.0 -44.8 2,399.8 -90.0 2,400.0 +10.0 Effects of Cost Marketing Expenses including Other *4
Slide 15: Enhancement of Competitiveness
Enhancement of Competitiveness Activities for Enhancement of Competitiveness (Explain in the press conference) February 2018 August 2018 November 2018 February 2019 Sales Activities Manufacturing Development Business in North America Connected/MaaS (EVP, M. Kawai) (EVP, M. Yoshida) EVP, D. Leroy, (E
Slide 16: FY2019 Third Quarter Financial Results
FY2019 Third Quarter Financial Results TRI-P4 (Consumer Electronics Show 2019 exhibition car) Toyota Motor Corporation February 6, 2019
Slide 17: (Reference) Consolidated Vehicle Sales (FY2019 3Q)
(Reference) Consolidated Vehicle Sales (FY2019 3Q) (thousands of vehicles) 2,500 2,289 2,282 (-7) 2,000 552 565 (+13) Japan N. America 1,500 Europe 735 680 (-55) Asia 1,000 Other 237 232 (-5) Central and South America, Oceania, 500 404 464 (+60) Africa, The Middle East, etc. 361 341 (-20) 0 FY2018 2
Slide 18: (Reference) Consolidated Financial Summary (FY2019 3Q)
(Reference) Consolidated Financial Summary (FY2019 3Q) (billions of yen) FY2019 FY2018 3Q 3Q Change (’18/10-12) (’17/10-12) Net Revenues 7,801.5 7,605.7 +195.7 Operating Income 676.1 673.6 +2.4 Margin 8.7% 8.9% Other Income -499.1 77.2 -576.4 Income before Income Taxes 176.9 750.9 -573.9 Equity in E
Slide 19: (Reference) Analysis of Consolidated Operating Income (FY2019 3Q)
(Reference) Analysis of Consolidated Operating Income (FY2019 3Q) (billions of yen) -10.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. -20.0 +60.0 -50.0 673.6 +30.0 -17.6 676.1 Effects of Cost Marketing Expenses including Other *4 FOREX Reduction Effor
Slide 20: (Reference) Geographic Operating Income (FY2019 3Q)
(Reference) Geographic Operating Income (FY2019 3Q) Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) <<Japan>> <<N. America>> <<Europe>> <<Asia>> <<Other>> 565 (+13) 735 552 680 (-55) 464 (+60) 4
Slide 21: (Reference) Financial Services Operating Income (FY2019 3Q)
(Reference) Financial Services Operating Income (FY2019 3Q) Operating Income (billions of yen) * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Operating Income* 89.7 billion yen (+13.0 billion yen year on year) ’17/10-12 ’18/10-12 Change 76.6 89.7 +13.0 Operating Income 82.6 82.6
Slide 22: (Reference) Transition of Financial Performance
(Reference) Transition of Financial Performance Forecast Consolidated Vehicle Sales Net Revenues Operating Income Net Income (thousands of vehicles) (trillions of yen) (billions of yen) (billions of yen) ● Operating Margin(%) ● Net Margin(%) 10.1 10.0 29.3 29.5 8,972 8,971 8,964 8,950 28.4 8.2 8.1 8
Slide 23: (Reference) FY2019 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2019 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) New Forecasts Previous Forecasts Change (’18/4-’19/3) (’18/4-’19/3) T Japan 3,200 3,200 ±0 o Vehicle y Production* 1 Overseas 5,700 5,700 ±0 o t Total 8,900 8,900 ±0 a Japan 1,540 1,540 ±0 & L Retail *2 Vehicle
Slide 24: 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 Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales Customers P5,P11,P17 Number of vehi