Subaru Corporation · TSE:7270
Subaru — FY2005 Earnings Presentation
25 slides from Subaru's earnings presentation, 2005
Slide 1: 2005 Financial Results Briefing
2005 3 2005 5 12 http://www.fhi.co.jp/fina/index.html
Slide 2: SUBARU Think. Feel. Drive.
SUBARU Think. Feel. Drive.
Slide 3: Sales volume by region
2004 3 2005 3 111.1 104.0 7.1 134.4 150.0 +15.6 245.5 254.0 +8.5 189.6 193.9 +4.3 16.2 16.5 +0.4 53.6 60.5 +6.9 30.7 35.4 +4.7 15.7 21.2 +5.6 305.7 327.6 +21.9 SIA 25.2 13.2 12.1 576.5 594.8 +18.3 SIA 1 12
Slide 4: Consolidated P/L
P/L ( ) 2004 3 2005 3 14,395 14,465 +70 6,279 6,271 9 8,115 8,194 +79 503 420 83 566 436 130 386 182 204 116 /$ 108 /$ 8 /$
Slide 5: Operating income change factors
31 (552) 45 -151 (489) 164 49 172 69 FHI:125 503 SIA:39 420 2004 3 2005 3 83
Slide 6: Sales volume breakdown
2004 2005 ( ) 3 3 179 141 38 49 69 +20 SIA 110 48 61 117 125 +9 23 31 +31 8 92 66 26 63 16 47
Slide 7: Segment results
2004 2005 ( ) 3 3 84 23 61 26 14 12 46 5 40 87 248 +161 - 81 +81 - 42 +42 - 34 +34 28 SIA 276 11 28 +17 248
Slide 8: SOA and SIA results
(million US$) SOA(1 12 ) 2003 2004 $4,252 $4,357 +105 40 10 50 55 2 53 ( ) 185.1 186.3 +1.2 SIA(1 12 ) 2003 2004 $2,161 $2,427 +266 32 57 89 22 74 97 ( ) 122.2 118.7 3.5 ( ) (25.2) (13.2) ( 12.1) (2 1 12 )
Slide 9: Net sales by segment
( ) 2004 3 2005 3 13,170 13,196 +0.2% 566 594 +4.9% 423 468 +10.8% 236 206 12.6% 14,395 14,465 +0.5%
Slide 10: Consolidated B/S
B/S ( ) 2004 3 2005 3 13,497 13,575 +77 6,549 6,491 58 6,948 7,084 +135 3,790 4,122 +332 4,537 4,711 +174 33.6% 34.7% +1.1% D/E 0.84 0.87
Slide 11: Cash flow
( ) 2004 3 2005 3 CF 997 573 424 CF 1,271 898 +374 CF 273 324 51 CF 23 262 +239 250 62 +188 55 15 +40 1,394 1,317 77
Slide 12: Sales volume by region (prior year)
4 2003 2004 4 4 34.5 31.6 2.8 45.1 43.4 1.8 79.6 75.0 4.6 55.9 53.7 2.2 4.1 3.7 0.4 14.0 15.5 +1.5 8.1 9.2 +1.1 4.6 5.9 +1.4 86.7 88.0 +1.3 SIA 6.1 - 6.1 172.4 163.0 9.4 SIA 10 12
Slide 13: Consolidated P/L (prior year)
4 P/L ( ) 2003 2004 4 4 4,112 3,961 150 1,950 1,816 135 2,161 2,146 16 147 155 +8 134 150 +15 99 25 124 109 /$ 104 /$ 5 /$
Slide 14: Operating income change factors (prior year)
4 (167) 18 -11 74 -73 15 FHI:49 SIA:25 147 155 2003 2004 4 8 4
Slide 15: Saab sales volume
< > ( ) 2004 3 2005 3 465.3 480.9 +15.6 Saab 0.6 8.0 +7.4 262.0 272.8 +10.7 118.5 108.1 10.4 143.5 164.6 +21.1 200.8 212.5 +11.7 90.2 115.3 +25.2 553.0 600.6 +47.6
Slide 16: SUBARU Think. Feel. Drive.
SUBARU Think. Feel. Drive.
Slide 17: Forecast sales volume
( ) 2004 9 2005 9 50.4 52.0 +1.6 73.2 70.8 2.3 123.6 122.9 0.7 86.8 84.3 2.5 7.2 7.4 +0.2 30.6 27.4 3.2 17.0 17.0 0 10.2 9.4 0.8 151.8 145.5 6.4 SIA 12.2 - 12.2 287.6 268.3 19.3 SIA 1 1 )12
Slide 18: Forecast P/L
( ) ( ) 2004 9 2005 9 6,908 6,700 208 155 40 115 151 20 131 83 0 83 110 /$ 105 /$ 5 /$
Slide 19: Forecast operating income factors
(192) 2 18 -54 34 FHI:41 SIA:-7 -115 155 2005 9 2004 9 40 115
Slide 20: Forecast sales volume FY2006
( ) 2005 3 2006 3 104.0 107.5 +3.4 150.0 143.3 6.8 254.0 250.7 3.3 193.9 201.9 +8.0 16.5 17.5 +1.0 60.5 57.6 2.9 35.4 34.5 0.9 21.2 19.4 1.8 327.6 331.0 +3.4 SIA 13.2 - 13.2 594.8 581.7 13.1 SIA 1 1 )12
Slide 21: Forecast consolidated P/L FY2006
( ) 2005 3 2006 3 14,465 14,700 +235 6,271 6,472 +201 8,194 8,228 +34 420 310 110 436 270 166 182 150 32 108 /$ 105 /$ 3 /$
Slide 22: Forecast income factors
-25 -17 110 -86 92 420 310 2005 3 2006 3 110
Slide 23: SOA and SIA forecast
(million US$) SOA(1 12 ) 2004 2005 $4,357 $4,912 +555 10 19 +29 2 15 +13 ( ) 186.3 204.5 +18.2 SIA(1 12 ) 2004 2005 $2,427 $2,525 +98 57 86 29 74 207 133 ( ) 118.7 126.8 +8.1 ( ) (13.2) (-) ( 13.2) (2 1 12 )
Slide 24: Saab forecast
< > ( ) 2005 3 2006 3 480.9 462.5 18.5 Saab 8.0 - 8.0 272.8 262.6 10.2 108.1 109.5 +1.4 164.6 153.1 11.5 212.5 197.1 15.4 115.3 137.7 +22.5 600.6 597.5 3.1
Slide 25: Thank you
Thank you www.fhi.co.jp/fina