Toyota Tsusho Corp. · TSE:8015
Toyota Tsusho — Toyota Tsusho Corp Ord — Q4 2020 Earnings Presentation
28 slides from Toyota Tsusho's earnings presentation, Apr 28, 2021
Slide 1: Outline of Consolidated Results for FY2020 and Earning Forecast for FY2021
Outline of Consolidated Results for FY2020 and Earning Forecast for FY2021 April 28, 2021 Toyota Tsusho Corporation 0
Slide 2: 目次 / Contents
目次 1. Outline of Consolidated Results for FY2020 P.2 2. Earning Forecast for FY2021 P.10 3. Supplementary Materials P.14 1
Slide 3: 1. Outline of Consolidated Results for FY2020
１. Outline of Consolidated Results for FY2020 2
Slide 4: Outline of Consolidated Results FY2020
Outline of Consolidated Results FY2020 （Unit: Billion yen） <Reference: Foreign Exchange Rate> FY2019 FY2020 Variance FY2019 FY2020 YoY Rate of USD 109yen 106yen -3yen Results Results Change Change EUR 121yen 124yen +3yen Gross Profit 639.8 607.6 （32.2） （5%） Operating Profit 210.3 213.0 +2.7 +1% Prof
Slide 5: Compared to 4Q (Reference)
Compared to 4Q (Reference) （Unit: Billion yen） <Reference: Foreign Exchange Rate> FY2019 FY2020 Variance 4Q 4Q FY2019 FY2020 YoY Rate of USD 109yen 106yen -3yen 4Ｑ Results 4Ｑ Results Change Change EUR 120yen 128yen +8yen Gross Profit 163.5 178.2 +14.7 +9% Operating Profit 46.3 69.7 +23.4 +51% Profit
Slide 6: Profit Analysis
Profit Analysis (Unit: Billion yen) (※”Profit attributable to owners of the parents” is presented as ”Profit” in the following pages.) FY2019 FY2020 Change Main Factor of Changes ※Others (74.8) (78.4) (3.6) － Effect from profit of divestment of electric power business in Canada in pre.fiscal Finance
Slide 7: Gross Profit (by Division)
Gross Profit (by Division) (Unit: Billion yen) YoY Rate of Division FY2019 FY2020 Main Factors Behind Year-on-Year Changes Change Change ・Decrease in automobile production in Japan, Asia/Oceania etc. Metals 92.3 89.9 (2.4) (3%) ・Increase in rare metal market conditions Global Parts 73.1 66.3 (6.8) (
Slide 8: One-off Gains and Losses (Profit)
One-off Gains and Losses (Profit) （Unit: Billion yen） FY2019 FY2020 Division Result Main Factor Result Main Factor ・Impairment in resources business in South America -5.0 ・Impairment in resources business in South America ・Gains from exemption from equity method in North Metal (8.5) -6.0 (4.5) Ameri
Slide 9: Consolidated Financial Position
Consolidated Financial Position （Unit: Billion yen） Mar. 31, 2020 Mar.31,2021 Current Current Current Liabilities Current Liabilities Assets 1,878.2 Assets 2,148.7 2,818.2 Non-Current 3,223.0 Non-Current Liabilities Liabilities Non-Current 1,294.4 Non-Current 1,421.2 Assets Net Assets Assets Net Ass
Slide 10: Consolidated Cash Flows
Consolidated Cash Flows （Unit: Billion yen） FY2019 FY2020 Cash flows from operating activities 267.8 Cash flows from operating activities 245.0 Profit before income taxes 224.8 Profit before income taxes 221.4 Depreciation and amortization 103.5 Depreciation and amortization 104.3 Income taxes paid
Slide 11: 2. Earning Forecast for FY2021
２. Earning Forecast for FY2021 10
Slide 12: Full-year Earnings Forecast and Prerequisites for FY2021
Full-year Earnings Forecast and Prerequisites for FY2021 （Unit: Billion yen） FY2020 FY2021 Rate of Result Forecast Change Change Gross Profit 607.6 650.0 +42.4 +7% Operating Profit 213.0 232.0 +19.0 +9% Profit before 221.4 240.0 +18.6 +8% income taxes Profit (attributable to owners of the parent) 13
Slide 13: Revision of Earnings Forecast by Division for FY2021
Revision of Earnings Forecast by Division for FY2021 （Unit: Billion yen） Gross Profit Operating Profit FY2020 FY2021 Rate of FY2020 FY2021 Change Change Result Forecast Change Result Forecast Metals 89.9 93.0 +3.1 +3% 22.5 34.5 +12.0 Global Parts & Logistics 66.3 74.0 +7.7 +12% 20.0 25.0 +5.0 Automo
Slide 14: FY2021 Shareholder Returns Policy / ROE
FY2021 Shareholder Returns Policy / ROE Shareholder We will endeavor to maintain a stable dividend and increase dividend per share, Returns Policy with a consolidated dividend payout ratio of 25% or more as a basic policy. Profit attributable to owners of the parents(Billion yen) Dividend pershare(Y
Slide 15: 3. Supplementary Materials
３. Supplementary Materials 14
Slide 16: Summary of Division Profits
Summary of Division Profits （Unit: Billion yen） Division FY2019 FY2020 Change Main factor of changes ・Decrease in automobile production in Japan, Asia/Oceania etc. Metals 18.9 22.5 +3.6 ・Increase in rare metal market conditions ・Impact of One-time profit and loss Global Parts ・Decrease in automobile
Slide 17: Metals Division (Profit)
Metals Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes ※Others (27.9) (23.7) +4.2 － Finance income and costs (3.1) (1.3) +1.8 Gain on exclusion of equity for North America Business Impact of impariment in North America Business in pre. Equity gain / loss (8.9) (7.2)
Slide 18: Global Parts & Logistics Division (Profit)
Global Parts & Logistics Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes ※Others (6.3) (4.1) +2.2 － Finance income and costs 1.2 2.3 +1.1 Increase in dividend income. Impact of impariment of business in Japan in pre. fiscal Equity gain / loss 1.5 2.5 +1.0 year. Tax
Slide 19: Automotive Division (Profit)
Automotive Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes ※ Others (5.7) (1.7) +4.0 － Profit of divestment of dealer Finance income and costs (0.6) 1.0 +1.6 business in China. Equity gain / loss 3.0 2.7 (0.3) － Tax expense (5.7) (3.8) +1.9 Impact of decrease in pro
Slide 20: Machinery, Energy & Project Division (Profit)
Machinery, Energy & Project Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes Profit / Loss ※Others (7.9) (20.9) (13.0) － Business Name FY2019 FY2020 Effect from profit of divestment of electric power business in Canada in pre. Finance income and costs 9.5 (4.3) (13.8
Slide 21: Chemicals & Electronics Division (Profit)
Chemicals & Electronics Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes Profit / Loss ※Others (7.6) (7.8) ▲ 0.2 － Business Name FY2019 FY2020 Finance income and costs (0.3) (1.0) ▲ 0.7 － Profit of partial divestment of Electronics Equity gain / loss 3.1 6.4 +3.3 8.9
Slide 22: Food & Consumer Services Division (Profit)
Food & Consumer Services Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes ※Others (6.3) (4.8) +1.5 － Finance income and costs (1.5) (1.1) +0.4 － Effect from impairment of overseas Equity gain / loss (1.5) 0.4 +1.9 beverage business in pre. fiscal year. Tax expense (2
Slide 23: Africa Division (Profit)
Africa Division (Profit) （Unit: Billion yen） FY2019 FY2020 Change Main Factor of Changes Profit / Loss Company Name ※ Others (24.5) (20.9) +3.6 FY2019 FY2020 － CFAO SAS 13.4 15.0 Finance income and costs (6.8) (5.7) +1.1 Interest Equity gain / loss (2.1) (1.3) +0.8 － （Reference） Oerating Profit Tax
Slide 24: Progress of Investment
Progress of Investment （Unit: Billion yen） Investment through FY2020 Main Projects Amount Automotive production-related facilities in North America Mobility Vehicles for lease(CFAO) (58.1) Resources & Wind power transmission / power generation business (Eurus) Environment (79.2) Life & Retai
Slide 25: Car Exports and Retail Sales Volume by Key Region and Country
Car Exports and Retail Sales Volume by Key Region and Country （Unit: units） ※ CFAO’S number of export include only from Japan Export Volume by Region Retail Sales Volume by Region Region FY2019 FY2020 Change Region FY2019 FY2020 Change ※ CFAOの台数含む Asia & Oceania 63,966 43,676 (20,290) Asia & Oceania
Slide 26: Basic Risk Management Policy
Basic Risk Management Policy ◆ Basic risk management policy 1) Keep total risk within risk-bearing capacity Risk Assets (RA) ＜ Risk Buffer (RB*1) 2) Earn returns commensurate with risk RVA*2＞0（after-tax ordinary income - RA×10%) *1 :RB＝Shareholders' equity＋Other components of capital ＋ Reserve for d
Slide 27: Financial Summary
Financial Summary （Unit: Billion yen） J-GAAP IFRS FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 Net sale/ 5,916.7 6,304.3 7,743.2 8,663.4 8,170.2 5,797.3 6,491.0 6,762.7 6,694.0 6,309.3 Revenue (※) Profit (attributable to owners 66.2 67.4 73.0 67.5 (43.7) 107.9 130.2 132.6 13
Slide 28: Inquiries: Investor Relations Group
Inquiries: Investor Relations Group E-mail ttc_ir@pp.toyota-tsusho.com Tokyo Head Office TEL +81-3-4306-8201 FAX +81-3-4306-8818 ◆ This presentation contains “forward-looking statements” about the strategies and plans of Toyota Tsusho Corporation and its Group companies that are not historical facts
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