Toyota Motor Corp. · TSE:7203
Toyota Motor — Q3 FY2011 Earnings Presentation
24 slides from Toyota Motor's earnings presentation, Feb 8, 2011
Slide 1: FY2011 Third Quarter Financial Results
FY2011 Third Quarter Financial Results Toyota Motor Corporation February 8, 2011
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements 2 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
Slide 3: Caution concerning Insider Trading
Caution concerning Insider Trading 3 A discussion of these and other factors which may affect Toyota’s actual results, performance, achievements or financial position is contained in Toyota’s annual report on Form 20-F, which is on file with the United States Securities and Exchange Commission. Unde
Slide 4: FY2011 Third Quarter Financial Results
FY2011 Third Quarter Financial Results
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales 5 FY2011 FY2011 FY2011 FY2011 3Q 3Q 99 months months (thousands of vehicles) (thousands of vehicles) 3,000 6,000 5,517 (+322) 5,195 1,488 (+2) 2,065 1,486 2,000 (-263) 4,000 Japan 1,802 583 N. America 403 (-180) 1,548 (+1) Europe 1,547 Asia 642 507 (-135) 576 (-79) 1,000 2
Slide 6: Consolidated Financial Summary (FY2011 Third Quarter)
Consolidated Financial Summary (FY2011 Third Quarter) 6 (billions of yen) FY2011 FY2010 3Q 3Q Change ('10/10-12) ('09/10-12) Net Revenues 4,673.1 5,292.9 -619.8 -11.7% Operating Income 99.0 189.1 -90.1 -47.6% Income before income taxes and equity in earnings of affiliated companies 129.6 224.9 -95.3
Slide 7: Analysis of Consolidated Net Income (FY2011 Third Quarter)
Analysis of Consolidated Net Income* (FY2011 Third Quarter) 7 (billions of yen) * Net income attributable to Toyota Motor Corporation Net income* (-59.6) Operating Income (-90.1) Excluding Valuation Gains/Losses from Interest Rate Swaps (-103.2) 153.2 93.6 Equity in Effects of Effects of Cost Increa
Slide 8: Consolidated Financial Summary (FY2011 9 months)
Consolidated Financial Summary (FY2011 9 months) 8 (billions of yen) FY2011 FY2010 9 months 9 months Change ('10/4-12) ('09/4-12) Net Revenues 14,351.6 13,670.5 681.1 5.0% Operating Income 422.1 52.2 369.9 708.0% Income before income taxes and equity in earnings of affiliated companies 521.7 161.9 3
Slide 9: Analysis of Consolidated Net Income (FY2011 9 months)
Analysis of Consolidated Net Income* (FY2011 9 months) 9 (billions of yen) * Net income attributable to Toyota Motor Corporation Net income* (+285.5) Operating Income (+369.9) Marketing Excluding Valuation Gains/Losses Efforts from Interest Rate Swaps (+374.1) +570.0 382.7 Cost Effects of Increase i
Slide 10: Geographic Operating Income (FY2011 Third Quarter)
Geographic Operating Income (FY2011 Third Quarter) 10 *1 Japan includes exported vehicles. (billions of yen) North America '09/10-12 '10/10-12 *2 N. America excludes valuation gains/losses from interest rate swaps. Operating Income Excluding Consolidated Vehicle Sales (thousands of vehicles) Valuati
Slide 11: Geographic Operating Income (FY2011 9 months)
Geographic Operating Income (FY2011 9 months) 11 *1 Japan includes exported vehicles. (billions of yen) *2 N. America excludes valuation gains/losses from interest rate swaps. North America '09/4-12 '10/4-12 Operating Income Excluding Consolidated Vehicle Sales (thousands of vehicles) Valuation Gain
Slide 12: Financial Services Operating Income
Excluding Valuation Gains/Losses Financial Services Operating Income from Interest Rate Swaps 12 FY2011 FY2011 FY2011 FY2011 (billions of yen) 3Q 3Q (billions of yen) 99 months months 300 300 276.0 200 200 176.7 91.9 100 69.2 100 +22.7 +99.3 0 0 '09/10-12 '10/10-12 '09/4-12 '10/4-12 (billions of yen
Slide 13: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies 13 FY2011 FY2011 FY2011 FY2011 3Q 3Q 99 months months (billions of yen) (billions of yen) 100 200 180.7 80 150 58.4 60 46.9 100 40 -11.5 +177.8 50 20 2.9 0 0 '09/10-12 '10/10-12 '09/4-12 '10/4-12 ･Increased earnings of affiliated companies in Japan and Chin
Slide 14: Unconsolidated Financial Summary (Japan GAAP, FY2011 Third Quarter)
Unconsolidated Financial Summary (Japan GAAP, FY2011 Third Quarter) 14 (billions of yen) FY2011 FY2010 3Q 3Q Change ('10/10-12) ('09/10-12) Net Revenues 2,039.2 2,439.9 -400.7 -16.4% Operating Income -134.1 -20.2 -113.9 - Ordinary Income -77.4 23.1 -100.5 - Net Income -38.0 24.7 -62.7 -
Slide 15: Unconsolidated Financial Summary (Japan GAAP, FY2011 9 months)
Unconsolidated Financial Summary (Japan GAAP, FY2011 9 months) 15 (billions of yen) FY2011 FY2010 9 months 9 months Change ('10/4-12) ('09/4-12) Net Revenues 6,395.6 6,096.5 299.1 4.9% Operating Income -283.5 -285.9 2.4 - Ordinary Income 113.4 -23.2 136.6 - Net Income 163.0 5.9 157.1 -
Slide 16: FY2011 Financial Forecasts
FY2011 Financial Forecasts
Slide 17: FY2011 Forecasts: Consolidated Vehicle Sales
FY2011 Forecasts: Consolidated Vehicle Sales 17 (thousands of vehicles) 8,000 7,410 7,480 (+70) 7,237 1,990 2,020 (+30) 2,163 6,000 Japan N. America 2,090 2,090 (+-0) Europe 4,000 2,098 Asia 780 800 (+20) Other 858 Central and 2,000 1,230 1,250 (+20) South America, 979 Oceania, Africa, The Middle 1,
Slide 18: FY2011 Forecasts: Consolidated Financial Summary
FY2011 Forecasts: Consolidated Financial Summary 18 (billions of yen) New Forecasts Previous Forecasts FY2010 Results Change ('09/4-'10/3) ('10/4-'11/3) ('10/4-'11/3) Net Revenues 19,200.0 19,000.0 200.0 18,950.9 Operating Income 550.0 380.0 170.0 147.5 Income before income taxes and equity in earni
Slide 19: Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. Previous Forecasts)
Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. Previous Forecasts) 19 (billions of yen) Operating Income FY2011 Previous Forecasts('10/4-'11/3) 380.0 Marketing Efforts +110.0 Financial Services +50.0 Positive Factors Cost Reduction Efforts +30.0 Decrease in Expenses, etc. +20.0 Eff
Slide 20: Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. FY2010 Results)
Analysis of FY2011 Consolidated Forecasts: Operating Income (vs. FY2010 Results) 20 (billions of yen) Operating Income FY2010 Results('09/4-'10/3) 147.5 Marketing Efforts +540.0 Financial Services +130.0 Positive Factors Cost Reduction Efforts +170.0 Decrease in Expenses, etc. +30.0 Total +740.0 Eff
Slide 21: FY2011 Consolidated Forecasts: CAPEX, Depreciation, R&D
FY2011 Consolidated Forecasts: CAPEX, Depreciation, R&D 21 (billions of yen) New Forecasts Previous Forecasts FY2010 Results ('10/4-'11/3) ('10/4-'11/3) Change ('09/4-'10/3) Capital 620.0 670.0 -50.0 579.0 Expenditures Depreciation 840.0 850.0 -10.0 1,032.0 Expenses R&D 740.0 760.0 -20.0 725.3 Expen
Slide 22: FY2011 Unconsolidated Forecasts (Japan GAAP)
(Reference) FY2011 Unconsolidated Forecasts (Japan GAAP) 22 (billions of yen) New Forecasts Previous Forecasts ('10/4-'11/3) ('10/4-'11/3) Change Net Revenues 8,500.0 8,400.0 100.0 Operating Income -420.0 -490.0 70.0 Ordinary Income -10.0 -60.0 50.0 Net Income 80.0 60.0 20.0
Slide 23: (Reference) FY2011 Toyota's Operations Forecasts
(Reference) FY2011 Toyota’s Operations Forecasts 23 (thousands of vehicles) FY2011 Forecasts FY2010 Results ('10/4-'11/3) ('09/4-'10/3) Japan 3,160 3,206 Vehicle Production Overseas 4,360 4,072 Total 7,520 7,278 Japan* 1,430 * 1,535 * Vehicle Sales Overseas 6,100 5,755 Total 7,530 7,290 Exports 1,76
Slide 24: FY2011 Third Quarter Financial Results
FY2011 Third Quarter Financial Results Toyota Motor Corporation February 8, 2011