Maruti Suzuki India Limited · NSE:MARUTI
Maruti Suzuki India — Japan Mobility Conference 2023
38 slides from Maruti Suzuki India's conference presentation, Oct 24, 2023
Slide 1: Cover letter to stock exchanges: Investor Presentation
MARUTI ��$SUZUKI MSIL: COS: NSE&BSE: 2023/10_18 24th October, 2023 Vice President General Manager National Stock Exchange of India Limited Department of Corporate Services “Exchange Plaza”, Bandra – Kurla Complex BSE Limited Bandra (E) Phiroze Jeejeebhoy Towers Mumbai – 400 051 Dalal Street, Mumbai
Slide 2: Update on the Indian Market Situation and Outlook of Suzuki
Annexure - "A" Update on the Indian Market Situation and Outlook of Suzuki Japan Mobility Conference 2023 October 24, 2023 Kenichi Ayukawa Executive Vice President SUZUKI MOTOR CORPORATION
Slide 3: Contents
Contents 1. About Suzuki Motor Corporation 2. Update on the Indian Market 3. Prospects of India 4. Exhibits for JAPAN MOBILITY SHOW 2023 © Suzuki Motor Corporation, 2023. All rights reserved. 2 / 37
Slide 4: 1. About Suzuki Motor Corporation
1. About Suzuki Motor Corporation Suzuki Makinohara Solar Powerplant © Suzuki Motor Corporation, 2023. All rights reserved. 3 / 37
Slide 5: Overview of Suzuki Motor Corporation
Overview of Suzuki Motor Corporation Company Name: Suzuki Motor Corporation Establishment: 1920 Representative: Toshihiro Suzuki, President and CEO Consolidated 70,012 people Employees: Consolidated net 4,641.6 billion yen (FY2022) sales: Head Office: Hamamatsu-city, Shizuoka Number of 120 companies
Slide 6: Suzuki's Performance
Suzuki's Performance Consolidated Net Sales by Region Automobile Sales Units by Region 4,641.6 billion yen in FY2022 3 million units in FY2022 (billion yen) (1,000 units) Others Japan Japan 728 627 Others 1,212 1,641.4 India Japan India Japan 1,788.2 India 1,645 India Others Others Approx. 55% Appro
Slide 7: 2. Update on the Indian Market
2. Update on the Indian Market © Suzuki Motor Corporation, 2023. All rights reserved. 6 / 37
Slide 8: India: GDP, Economic Growth Rate and Population
India｜GDP, Economic Growth Rate and Population Real Gross Domestic Product (GDP) Economic Growth Rate Population (US $1 billion) (%) (Billions) 7000 12 16 10 14 6000 8 12 5000 6 10 4 4000 2 8 3000 0 6 2000 -2 4 -4 1000 2 -6 0 -8 0 2001 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016
Slide 9: India: Trade Balance and Crude Oil Imports
India｜Trade Balance and Crude Oil Imports Trade Balance Crude Oil Imports (US $1 billion) (US $1 billion) 1000 180.00 160.00 800 140.00 600 120.00 100.00 400 80.00 200 60.00 40.00 0 20.00 -200 0.00 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 20
Slide 10: India: Progress of Passenger Car Sales
India｜Progress of Passenger Car Sales (10,000 units) Trends in Passenger Car Sales in India *Excluding commercial vehicles FY2022 Overall market: 3.89 million units (Maruti Suzuki: 1.61 million units/41.3% market share) 450 First half of FY2023 Overall market: 2.07 million units (Maruti Suzuki: 870,
Slide 11: India: Progress of Production Volume
India｜Progress of Production Volume 250 (10,000 units) Annual Production Volume in India *Including exports FY2022 Cumulative total: 1.92 million units 200 20 million units Gujarat Plant (June 4, 2018) Manesar Plant Cumulative total: Gurgaon Plant 150 10 million units (March 9, 2011) Cumulative tota
Slide 12: Progress of Maruti Suzuki Export Volume
Progress of Maruti Suzuki Export Volume 259 thousand units in FY2022 (YoY 109%) ⇒ achieved record high *Grew 2.3 times in the last 5 years (10,000 units) 30 Export volume FY2022 259 thousand units 25 20 First half of FY2023 15 133 thousand units 10 5 0 2023 1H 1983 1984 1985 1986 1987 1988 1989 1990
Slide 13: Indian Market Challenges: Expanding the SUV Segment
Indian Market Challenges｜Expanding the SUV Segment Overall market: SUV segment share rose significantly FY2017 23.8% ➡ First half of FY2023 48.3% (10,000 units) Trends in the Composition of the SUV Segment in the Overall Market of India SUV 400 80.0% Other 350 SUV composition ratio 70.0% 300 60.0% 4
Slide 14: Indian Market Challenges: Expanding the SUV Segment (new models)
Indian Market Challenges｜Expanding the SUV Segment New SUV models launched Fronx (Launched in April 2023) Jimny 5-Door (Launched in June 2023) Increase in SUV share First half of FY2023 21.7% *FY2022 12.1% © Suzuki Motor Corporation, 2023. All rights reserved. 13 / 37
Slide 15: Market Challenges: Response to various laws and regulations
Market Challenges｜Response to various laws and regulations Recent emissions regulations Trends in safety regulations April 2020 Introduction of BS6 emission regulations in India BNCAP (Bharat Motor Vehicle Safety Assessment Program) April 2023 Enhanced regulations with additional RDE A program that
Slide 16: 3. Prospects of India
3. Prospects of India © Suzuki Motor Corporation, 2023. All rights reserved. 15 / 37
Slide 17: India: Outlook for the Indian Market
India｜Outlook for the Indian Market India's economic growth target “Amrit Kaal” (Age of Growth and Prosperity) India Overall Market： • India aims to become the world‘s 6 million units second largest economy in 25 years Maruti Suzuki： until 2047, when it celebrates 100 years of independence Maruti Su
Slide 18: Restructuring of the Indian Production System: Towards 2030
Restructuring of the Indian Production System｜Towards 2030 Production FY2030 targets 4 million units/year Capacity (approximately 2 times the FY2022 level) Continued capacity growth in line with market growth: 1 million units announced additional Over 4 million units Haryana Gujarat Kharkhoda + + 1
Slide 19: Restructuring of the Indian Production System: Towards 2030 (Suzuki Motor Gujarat)
Restructuring of the Indian Production System｜Towards 2030 July 31, 2023 Announced the sale of Suzuki Motor Gujarat to Maruti Suzuki Suzuki Motor Gujarat March 2014: Company established February 2017: Plant 1 SOP (production capacity 250,000 units/year) January 2019: Plant 2 SOP (production capacity
Slide 20: Initiatives to Achieve Carbon Neutrality by 2070: Multipathway
Initiatives to Achieve Carbon Neutrality by 2070｜Multipathway Automobile business: multipathway ⇒Aim to achieve carbon neutrality in a way that is appropriate for the region and market Compressed Biofuel EV HEV Natural Gas (CNG) (Gas, ethanol) electrification Etc. Achieve carbon neutrality © Suzuki
Slide 21: Initiatives to Achieve Carbon Neutrality by 2070: EV
Initiatives to Achieve Carbon Neutrality by 2070｜EV © Suzuki Motor Corporation, 2023. All rights reserved. 20 / 37
Slide 22: Initiatives to Achieve Carbon Neutrality by 2070: EV
Initiatives to Achieve Carbon Neutrality by 2070｜EV In March 2022, signed a MoU with the State of Gujarat, India, for local production of electric vehicles (BEV) and in-vehicle batteries for BEVs and other investments (approximately Rs 104.4 billion). Suzuki will continue to actively invest in India
Slide 23: Initiatives to Achieve Carbon Neutrality by 2070: CNG
Initiatives to Achieve Carbon Neutrality by 2070｜CNG Compressed Natural Gas (CNG) - CNG vehicles are characterized by low cost and low CO2 emissions B - CNG variants are offered in 14 passenger cars and 1 commercial vehicle. - Maruti Suzuki's share of CNG vehicles is 74% (FY2022). A - Government of
Slide 24: Initiatives to Achieve Carbon Neutrality by 2070: CBG
Initiatives to Achieve Carbon Neutrality by 2070｜CBG Biogas derived from cow dung (CBG: Compressed Bio Gas) Conventional: CO2 in the atmosphere → grass (photosynthesis) → cattle feed → manure → methane released into the atmosphere Methane has a greenhouse effect 28 times higher than CO2 Collect cow
Slide 25: Initiatives to Achieve Carbon Neutrality by 2070: CBG
Initiatives to Achieve Carbon Neutrality by 2070｜CBG ⑥ fertilizer ⑥ fertilizer ② Receiving ③ fermentation ④ Purification ① measurement ⑤ supply © Suzuki Motor Corporation, 2023. All rights reserved. 24 / 37
Slide 26: Initiatives to Achieve Carbon Neutrality by 2070: CBG
Initiatives to Achieve Carbon Neutrality by 2070｜CBG Sept. 2023 Three parties agree to set up biogas production plant Suzuki (SRDI) Government of India Asia's largest dairy manufacturer National Dairy Banas Dairy Development Board 2025～ Establish 4 biogas production plants sequentially • The total a
Slide 27: 4. Exhibits for JAPAN MOBILITY SHOW 2023
4. Exhibits for JAPAN MOBILITY SHOW 2023 Suzuki Makinohara Solar Powerplant © Suzuki Motor Corporation, 2023. All rights reserved. 26 / 37
Slide 28: Exhibit theme for JMS
Exhibit theme for JMS “Answers for Excitement throughout the World.” Message Present to our customers with diverse initiatives toward a carbon neutral future in mobility and services unique to Suzuki. © Suzuki Motor Corporation, 2023. All rights reserved. 27 / 37
Slide 29: JMS Exhibit: eVX
JMS Exhibit｜eVX <Reference Exhibit> eVX, Suzuki’s first global strategic EV • Showcased for the first time at the Auto Expo 2023 held in January 2023 in India, its exterior has been evolved and the interior is revealed for the first time. • Proposed as an EV that realizes true Suzuki SUV driving exp
Slide 30: JMS Exhibit: eWX
JMS Exhibit｜eWX <Reference Exhibit> eWX, mini wagon EV that stays close to people’s daily lives • Concept model which is a crossover of fun and practical mini wagon unique to Suzuki, and futuristic EV. • Expresses a buddy-like presence that supports people’s daily lives with clean and simple body sh
Slide 31: JMS Exhibit: e EVERY CONCEPT
JMS Exhibit｜e EVERY CONCEPT <Reference Exhibit> e EVERY CONCEPT, mini-commercial BEV van that stays close to people’s daily works • Mini-commercial EV van, equipped with a BEV system, jointly developed by Suzuki Motor Corporation, Daihatsu Motor Co., Ltd., and Toyota Motor Corporation. • Proposed as
Slide 32: JMS Exhibit: Spacia Concept / Spacia Custom Concept
JMS Exhibit｜Spacia Concept / Spacia Custom Concept <Reference Exhibit> Spacia Concept / Spacia Custom Concept • Spacia is a minicar which has a unique styling and spacious cabin. This concept model is filled with our wish to “Make daily lives more fun, convenient, and comfortable!”. • Rear seat comf
Slide 33: JMS Exhibit: Swift Concept
JMS Exhibit｜Swift Concept <Reference Exhibit> Swift Concept • Concept model to propose new value of the Swift which has been developed by always keeping the concept of “Drive&Feel”. • With a shift from tangible consumption to experiential consumption, the Swift Concept not only provides “design” and
Slide 34: JMS Exhibit: WagonR CBG
JMS Exhibit｜WagonR CBG <Reference Exhibit> CBG* Business in India (WagonR CBG) • Suzuki has been working on the CBG project since 2022, believing that it can contribute to the development of India by combining rural revitalization, the realization of a sustainable recycling-oriented society, and pro
Slide 35: JMS: Other Reference Exhibits
JMS｜Other Reference Exhibits Motorized Wheelchair Electric Compact Mobility MOQBA, next-generation SUZU-RIDE / SUZU-CARGO, electric personal/multi-use mobility Suzuki Senior Car four-leg mobility SUZU-RIDE SUZU-CARGO SUZUKI GO!, new electric mobility LM-A, last-mile delivery robot © Suzuki Motor Cor
Slide 36: JMS: Other Reference Exhibits
JMS｜Other Reference Exhibits e-choinori, close distance mobility e-BURGMAN, demonstration project e-PO, foldable electric moped utilizing e-bike powertrain unit electric scooter prototype <Motorcycle Technical Exhibit> Small e-outboard concept, Hydrogen Engine BURGMAN (test model) electric outboard
Slide 37: JMS: Exhibits regarding business activities
JMS｜Exhibits regarding business activities <Reference Exhibit> <Reference Exhibit> Demonstration of hydrogen fuel cell cargo Merchandise sales booth resembling a mini truck market, dolly at Kosai Plant (panel display) and service for mobile shop business owners (application) <Reference Exhibit> Flyi
Slide 38: Caution with respect to Forward-Looking Statements
Caution with respect to Forward-Looking Statements • The forward-looking statements mentioned in this presentation are based on currently available information and assumptions, contain risks and uncertainty and do not constitute guarantees of future achievement. • Please note that the future results