Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2023 Earnings Presentation
18 slides from Toyota Motor's earnings presentation, Aug 4, 2022
Slide 1: FY2023 First Quarter Financial Results
FY2023 First Quarter Financial Results Crown Crown Crown Crown (Crossover type) (Sport type) (Sedan type) (Estate type) Toyota Motor Corporation Photo : Noriaki Mitsuhashi/N-RAK PHOTO AGENCY 1 August 4, 2022
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements and Caution concerning Insider Trading
Cautionary Statement with Respect to Forward-Looking Statements and Caution concerning Insider Trading 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 u
Slide 3: FY2023 First Quarter Summary
FY2023 First Quarter Summary Performance：Operating income 578.6 billion yen ・While there were unexpected events such as the Shanghai lockdown and the flood in South Africa, which made it difficult to carry out our production activities as planned, dealers, suppliers, and production sites have worked
Slide 4: First Quarter Financial Performance
FY2023 First Quarter Financial Performance 4
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 2,500 2,148 2,013 93.7% Japan 2,000 N. America 500 403 80.6% Europe 1,500 661 635 96.0% Asia 1,000 Other 281 248 88.3% Central and 500 365 361 98.9% South America, Oceania, Africa, 340 366 107.6% The Middle East, etc. 0 ’21.4-6 ’22.4-6 YoY Reference
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) ’21.4-6 ’22.4-6 Change Sales Revenues 7,935.5 8,491.1 +555.5 Operating Income 997.4 578.6 -418.8 Margin 12.6% 6.8% Other Income 259.7 443.0 +183.3 Share of Profit (Loss) of Investments Accounted for Using the Equity Method 161.4 171.0 *1 +9.5 Income b
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc.： -515.0 997.4 +195.0 -275.0 Effects of FOREX Cost Reduction -115.0 Effects of -125.0 578.6 Rates *1 Efforts Marketing Increase or -98.8 Activities
Slide 8: Geographic Operating Income
Geographic Operating Income Operating Income (billions of yen) (excluding Valuation Gains/Losses relating to Swaps, etc.) [ ] Margin Consolidated Vehicle Sales (thousands of vehicles) Japan N. America Europe Asia Other Incl. China (excl. investments accounted for using the equity method of associate
Slide 9: China Business / Financial Services
China Business / Financial Services (Ref.) China Business Financial Services Operating Income of Subsidiaries (billions of yen) Operating Income (billions of yen) Share of Profit of Investments Accounted for Using the Equity ＊ Excluding Valuation Gains/Losses relating to Swaps, etc. Method of Associ
Slide 10: FY2023 Financial Forecasts
FY2023 Financial Forecasts 10
Slide 11: FY2023 Forecasts: Consolidated Vehicle Sales
FY2023 Forecasts: Consolidated Vehicle Sales No change (thousands of vehicles) 8,850 8,850 10,000 9,000 8,230 Japan 8,000 2,050 2,050 N. America 7,000 1,924 Europe 6,000 2,600 2,600 2,394 Asia 5,000 4,000 1,100 1,100 Other 1,017 3,000 Central and 2,000 1,670 1,670 1,543 South America, Oceania, 1,000
Slide 12: Toyota and Lexus Production Volume
Toyota and Lexus Production Volume <To reduce burdens on our suppliers> FY2023 Forecast : 9.7 million units ・Revised the scope of announced ・Forecast is unchanged from the production plans announcement in May “1 month ahead” ⇒ “3 months ahead” (expected to increase towards the Disclosure Production
Slide 13: FY2023 Forecasts: Consolidated Financial Summary
FY2023 Forecasts: Consolidated Financial Summary （billions of yen） Previous Forecast New Forecast FY22 Results ’22.4-’23.3 Change ’21.4-’22.3 ’22.4-’23.3 Sales Revenues 33,000.0 34,500.0 +1,500.0 31,379.5 Operating Income 2,400.0 2,400.0 ±0.0 2,995.6 Margin 7.3% 7.0% 9.5% Other Income 730.0 870.0 +1
Slide 14: Analysis of FY2023 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2023 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) Excluding the overall impact of foreign exchange (billions of yen) rates and swap valuation gains/losses, etc： -350.0 2,400.0 -350.0 ±0.0 ±0.0 2,400.0 +670.0 Cost Marketing Increase or Decrease in -320.0 Reduction E
Slide 15: Analysis of FY2023 Forecasts: Consolidated Operating Income (vs. FY2022 Results)
Analysis of FY2023 Forecasts: Consolidated Operating Income (vs. FY2022 Results) Excluding the overall impact of foreign exchange (billions of yen) rates and swap valuation gains/losses, etc： -1,125.0 2,995.6 +865.0 -440.0 2,400.0 Effects of +815.0 Increase or Decrease in FOREX -1,500.0 -335.6 Cost
Slide 16: (Ref.) Transition of Financial Performance
’19/3：US GAAP (Ref.) Transition of Financial Performance ’20/3 – ’23/3：IFRS Net Income Attributable to Consolidated Vehicle Sales Sales Revenues (trillions of yen) Operating Income (billions of yen) Toyota Motor Corporation (thousands of vehicles) Operating Margin(%) (billions of yen) 34.5 9.5 Net M
Slide 17: FY2023 Forecasts: Vehicle Production and Retail Sales
FY2023 Forecasts: Vehicle Production and Retail Sales （thousands of vehicles） No change Previous Forecast New Forecast FY22 Results Change ’22.4-’23.3 ’22.4-’23.3 ’21.4-’22.3 Japan 3,000 3,000 ±0 2,761 Vehicle 生産 Production * Overseas 6,700 6,700 ±0 5,809 Toyota & Lexus Total 9,700 9,700 ±0 8,570 Re
Slide 18: Definitions of Consolidated and Retail Vehicle Sales
(Reference) Definitions of Consolidated and Retail Vehicle Sales Daihatsu- and Hino- brand vehicles Distributors or Dealers outside consolidation Consolidated Vehicle Sales Total Retail Vehicle Sales Customers Toyota and Lexus Vehicle Sales Number of vehicles produced for wholesale by Toyota Motor C