Toyota Motor Corp. · TSE:7203
Toyota Motor — Q3 FY2017 Earnings Presentation
25 slides from Toyota Motor's earnings presentation, Feb 6, 2017
Slide 1: FY2017 Third Quarter Financial Results
FY2017 Third Quarter Financial Results Toyota Camry Hybrid (North American International Auto Show 2017 exhibition car) Toyota Motor Corporation Toyota Camry (North American International Auto Show 2017 exhibition car) February 6, 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 Third Quarter Financial Results
FY2017 Third Quarter Financial Results FY2017 Third Quarter Financial Performance FY2017 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) FY2017 FY2017 3Q 9 months 3,000 8,000 6,493 6,643 (+150) 2,215 2,280 (+65) Japan 6,000 1,613 (+136) 1,477 N. America 2,000 493 534 (+41) Europe 4,000 2,141 2,145 (+4) Asia 728 745 (+17) Other 1,000 210 618 668 (+50) 233 (+23) Central and 2,000 South
Slide 6: Consolidated Financial Summary (FY2017 Third Quarter)
Consolidated Financial Summary (FY2017 Third Quarter) (billions of yen) FY2017 3Q FY2016 3Q (’16/10-12) (’15/10-12) Change Net Revenues 7,084.1 7,339.8 -255.6 -3.5% Operating Income 438.5 722.2 -283.6 -39.3% Operating margin 6.2% 9.8% - - Income before income taxes and equity in earnings of affiliat
Slide 7: Analysis of Consolidated Operating Income (FY2017 Third Quarter)
Analysis of Consolidated Operating Income (FY2017 Third Quarter) (billions of yen) 0 722.2 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +95.0 -205.0 -180.0 Marketing +85.0 Efforts *2 Effects of Cost Increase in FOREX Reduction Expenses, -78.6 Rates *1
Slide 8: Consolidated Financial Summary (FY2017 9 months)
Consolidated Financial Summary (FY2017 9 months) (billions of yen) FY2017 FY2016 9 months 9 months (’15/4-12) Change (’16/4-12) Net Revenues 20,154.7 21,431.3 -1,276.6 -6.0% Operating Income 1,555.4 2,305.6 -750.2 -32.5% Operating margin 7.7% 10.8% - - Income before income taxes and equity in earnin
Slide 9: Analysis of Consolidated Operating Income (FY2017 9 months)
Analysis of Consolidated Operating Income (FY2017 9 months) (billions of yen) +200.0 2,305.6 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +300.0 -770.0 -405.0 Marketing +305.0 Efforts *2 Increase in -180.2 Expenses, 1,555.4 etc. *3 Other *4 Effects of
Slide 10: Geographic Operating Income Japan
Geographic Operating Income Japan Operating Income (billions of yen) * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Consolidated Vehicle Sales (thousands of vehicles) FY2017 3Q Operating Income* 211.1 billion yen FY2017 FY2017 (-181.9 billion yen year on year) 3Q 9 months Declined
Slide 11: Geographic Operating Income North America
Geographic Operating Income North America Operating Income (billions of yen) * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Consolidated Vehicle Sales (thousands of vehicles) FY2017 3Q Operating Income* 101.3 billion yen FY2017 FY2017 (-40.4 billion yen year on year) 3Q 9 months D
Slide 12: Geographic Operating Income Europe
Geographic Operating Income Europe Operating Income (billions of yen) * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Consolidated Vehicle Sales (thousands of vehicles) FY2017 3Q Operating Income* 20.9 billion yen FY2017 FY2017 3Q (-1.1 billion yen year on year) 9 months In line wi
Slide 13: Geographic Operating Income Asia
Geographic Operating Income Asia Operating Income (billions of yen) * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Consolidated Vehicle Sales (thousands of vehicles) FY2017 3Q Operating Income* 118.3 billion yen FY2017 FY2017 (-18.2 billion yen year on year) 3Q 9 months Declined m
Slide 14: 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) * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. Consolidated Vehicle Sales (thousands of vehicles) FY2017 3Q Operating Income* 25.0 billion yen FY2017 FY201
Slide 15: Financial Services Operating Income
Financial Services Operating Income Operating Income (billions of yen)* *Excluding Valuation Gains/Losses FY2017 FY2017 from Interest Rate Swaps, etc. 3Q 9 months 263.3 210.7 83.2 72.6 -10.6 -52.5 ’15/10-12 ’16/10-12 Change ’15/4-12 ’16/4-12 Change Operating Income 99.2 42.6 -56.5 265.0 194.8 -70.1
Slide 16: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) FY2017 FY2017 3Q 9 months 300 150 267.7 258.0 (-9.7) 250 106.0 100 89.6 (-16.4) 200 Japan 172.9 160.6 (-12.2) 150 China 67.6 63.5 (-4.0) Other 50 100 70.4 70.1 (-0.2) 30.8 50 15.6 (-15.1) 7.6 10.3 (+2.7) 24.4 27.1 (+2.7) 0 0 ’15/10-12 ’16/
Slide 17: FY2017 Third Quarter Financial Results
FY2017 Third Quarter Financial Results FY2017 Third Quarter Financial Performance FY2017 Financial Forecasts
Slide 18: FY2017 Forecasts: Consolidated Vehicle Sales
FY2017 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,850 8,900 (+50) 8,681 8,000 Japan 2,200 2,210 (+10) 2,059 N. America Europe 6,000 Asia 2,820 2,840 (+20) 2,839 Other 4,000 Central and 950 950 ( 0) 844 South America, Oceania, 1,345 Africa, 2,000 1,560 1,560 ( 0) The Middl
Slide 19: FY2017 Forecasts: Consolidated Financial Summary
FY2017 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts FY2016 Results (’16/4-’17/3) (’16/4-’17/3) Change (’15/4-’16/3) Net Revenues 26,500.0 26,000.0 +500.0 28,403.1 Operating Income 1,850.0 1,700.0 +150.0 2,853.9 Operating margin 7.0% 6.5% - 10.0% Income
Slide 20: Analysis of FY2017 Forecasts: Operating Income (vs. Previous Forecasts)
Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) -130.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +10.0 75.0 Cost +25.0 1,850.0 +255.0 Reduction Effects of 65.0 Efforts Marketing Increase in Othe
Slide 21: Analysis of FY2017 Forecasts: Operating Income (vs. FY2016 Results)
Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. FY2016 Results) (billions of yen) -15.0 2,853.9 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +110.0 -825.0 Marketing -550.0 +425.0 Efforts *2 Effects of Cost Increase in -163.9 1,850.0 FO
Slide 22: FY2017 Consolidated Forecasts: R&D, CAPEX, Depreciation
FY2017 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures 1,300 1,200 Depreciation Expenses 910.0 806.2 885.1 1,100 775.9 1,000 727.3 1,340.0 900 1,292.5 1,004.5 1,055.6 1,070.0 1,177.4 800 910.5 1,000.7 700 852.7 807.4 0 FY2013 FY2014 FY2015 FY2016
Slide 23: FY2017 Third Quarter Financial Results
FY2017 Third Quarter Financial Results PRIUS PHV Toyota Motor Corporation February 6, 2017
Slide 24: (Reference) FY2017 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2017 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) New Forecasts Previous Forecasts (’16/4-’17/3) Change (’16/4-’17/3) T Japan 3,200 3,200 0 o Vehicle Overseas 5,850 5,850 0 y 1 Production* o t Total 9,050 9,050 0 a & Japan 1,600 1,600 0 L Retail 2 * Vehicle Sa
Slide 25: (Reference) 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,P18 Number of vehicles