Toyota Tsusho Corp. · TSE:8015

Toyota Tsusho — Toyota Tsusho Corp Ord — Q2 2022 Earnings Presentation

23 slides from Toyota Tsusho's earnings presentation, Oct 28, 2022

  1. Slide 1: Outline of Consolidated Results for Second Quarter of FY2022

    Outline of Consolidated Results for Second Quarter of FY2022 October 28th, 2022 Toyota Tsusho Corporation

  2. Slide 2: Outline of Consolidated Results

    Outline of Consolidated Results ・Profit reached record highest due to increased automobile sales, soaring metals market prices, European electricity prices. ・Operating cash flow increased due to pre-tax income, while investing cash flow remained steady. ・Net DER deteriorated as Eurus became a wholly

  3. Slide 3: Profit Analysis 1-2Q Results (whole company)

    Profit Analysis 1-2Q Results（whole company） FY2021 FY2022 (Reference) 1-2Q 1-2Q （Unit：Billion yen） Foreign Exchange Rate USD: 110yen 134yen Toyota Automotive Production(Ten thousands): 408 448 FY2021 1-2Q FY2022 1-2Q 207.9(56.7) Main Factor of Operating Profit Variance Forex Effect +14.8 (21.9) 149.

  4. Slide 4: One-off Gains and Losses (Profit)

    One-off Gains and Losses (Profit) （Unit: Billion yen） FY2021 FY2022 1-2Q 1-2Q Result Main Factor Result Main Factor ・(2Q)Gain on exclusion of equity for Metals +15.0 resources business in South America, - - etc. +15.0 Global Parts & Logistics - - - - Automotive - - - - Machinery, ・(2Q)Gain from liqu

  5. Slide 5: Profit Analysis 1-2Q Results (Division)

    Profit Analysis 1-2Q Results（Division） （Unit: Billion yen） FY2021 FY2022 Variance Main Factor 1-2Q 1-2Q (Ratio) ・Impact of one-off gains in the previous year +0.9 Metals 44.4 45.3 (+2%) ・Higher market prices and increase in trading volume of automobile production related products in Asia / Oceania G

  6. Slide 6: Cash Flow

    Cash Flow （Unit：Billion yen） ・FY2022 1Q-2Q Results Operating C/F : YoY increase due to higher income before income taxes Investing C/F : Steady growth mainly in wind power generation and transmission business (Not including the impact of Eurus becoming 100% owned. The impact appeared in the financia

  7. Slide 7: Consolidated Financial Position

    Consolidated Financial Position ・Total assets increased due to the impact of foreign currency translation, inventory, and capital expenditures. ・Shareholders' equity increased in retained earnings and decreased in capital surplus due to accounting for the conversion of Eurus to 100% owned. ・Net DER

  8. Slide 8: Revision of full-year earnings forecast on FY 2022

    Revision of full-year earnings forecast on FY 2022 Prerequisites FY2021 Jul.29,2022 Current Announced Release YEN / USD 112 yen 125 yen 140 yen YEN / EUR 131 yen 135 yen 135 yen （Unit ： Billion yen） Current Release FY2022 Jul.29,2022 1-2Q Announced Revised Results Fy2022 Forecast forecast Variance R

  9. Slide 9: Approach to Revision of Financial Forecasts

    Approach to Revision of Financial Forecasts Metals： Metal market impact contributed to 1st Half of the year. Chemicals & Ele. ：Settlement of special demand for GP & Logistics：Concerns about the impact of container shortages semiconductors in the first half of the year fade Food & CS ：Recovery of Sou

  10. Slide 10: Supplementary Materials of Financial Results

    Supplementary Materials of Financial Results

  11. Slide 11: Revision of Financial Forecasts by Division

    Revision of Financial Forecasts by Division （Unit：Billion yen） ※Upper row：Gross Profit Lower row：Profit(attributable to owners of the parent) Current Release Jul,29,2022 FY2022 Announced Revised Forecast Variance(ratio) Progress 1Q 2Q 1-2Q FY2022 Forecasts 45.5 44.4 90.0 125.0 155.0 +30.0(24%) 58% M

  12. Slide 12: Quarterly Results (by Division)

    Quarterly Results (by Division) ※Profit (attributable to owners of the parent) （Unit：Billion yen） FY2021 FY2022 Variance 1Q 2Q 3Q 4Q Total 1Q 2Q (ratio) Main factor of1Q vs 2Q ・Increase in production in North America and +2.0 Metals 15.3 29.0 16.9 11.6 72.9 21.6 23.6 Oceania (+9%) ・Soaring lithium m

  13. Slide 13: Metals Division (1-2Q Profit)

    Metals Division（1-２Q Profit） Main Factor of Operating Profit Variance （Unit：Billion yen） FY2021 1-2Q FY2022 1-2Q 55.9 (10.6) Forex Effect ＋4.6 Prices North America ＋8.7 44.4 4.0 45.3 40.4 Others Japan ＋1.7 ＋12.5 ※ Demand Others ＋15.5 /Trading Volume Japan (3.3) ※ North America (1.6) Thailand +1.0 Ch

  14. Slide 14: Global Parts & Logistics Division (1-2Q Profit)

    Global Parts & Logistics Division (1-2Q Profit) （Unit：Billion yen） FY2021 1-2Q FY2022 1-2Q 21.0 (4.7) Main Factor of Operating Profit Variance (2.7) 15.4 16.3 12.7 Forex Effect ＋2.1 Others Demand /Trading Volume North America +3.0 Others ＋5.6 ※ ※ Malaysia ＋0.8 Thailand ＋0.3 Europe ＋0.2 Japan (0.6) P

  15. Slide 15: Automotive Division (1-2Q Profit)

    Automotive Division (1-2Q Profit) （Unit：Billion yen） FY2021 1-2Q FY2022 1-2Q 30.2 (7.1) Main Factor of Operating Profit Variance 23.1 Forex Effect ＋3.7 ＋14.2 Others Demand <Sales> Asia/Oceania +5.3 ※ /Trading Volume (3.5) 16.0 <Sales> Europe +1.5 12.5 Others <Exports・Sales>Central South America +2.7

  16. Slide 16: Machinery, Energy & Project Division (1-2Q Profit)

    Machinery, Energy & Project Division (1-2Q Profit) FY2021 1-2Q FY2022 1-2Q （Unit：Billion yen） 24.7 (5.3) Main Factor of Operating Profit Variance 19.4 Forex Effect ＋0.3 18.0 3.5 Demand 14.5 Others /Trading Volume ※ Renewable energy +10.8 +10.9 Others Others Acquisition cost of domestic electric powe

  17. Slide 17: Chemicals & Electronics Division (1-2Q Profit)

    Chemicals & Electronics Division (1-2Q Profit) FY2021 1-2Q FY2022 1-2Q （Unit：Billion yen） Main Factor of Operating Profit Variance 36.0 (10.7) (8.1) 30.2 Forex Effect ＋1.9 25.3 Chemicals Chemical related +1.6 22.1 +5.8 Others Automotive production related ＋0.2 +1.8 Others ※ ※ Electronics Display rel

  18. Slide 18: Food & Consumer Services Division (1-2Q Profit)

    Food & Consumer Services Division (1-2Q Profit) （Unit：Billion yen） FY2021 1-2Q FY2022 1-2Q Main Factor of Operating Profit Variance (2.7) 7.6 Forex Effect ＋0.7 Others Markets/Prices 4.9 ※ Overseas grain subsidiary（3.7) 4.4 (1.6) Overseas manufacture and Sales edible oils subsidiary +0.2 (3.3) Others

  19. Slide 19: Africa Division (1-2Q Profit)

    Africa Division （1-2Q Profit） FY2021 1-2Q FY2022 1-2Q （Unit：Billion yen） Main Factor of Operating Profit Variance 38.4 (18.1) Forex Effect ＋1.8 (13.1) 27.0 Automotive <Sales> West Africa +3.7 20.3 <Sales>East/South Africa +3.6 13.9 +11.4 Others <Production related>South Africa＋0.6 +8.3 Others ※ Non-

  20. Slide 20: Progress of Investment

    Progress of Investment （Unit：Billion yen） FY2022 1-2Q Main Projects Amounts  Vehicles for lease(CFAO)  Sales business of industrial vehicle and Warehouse equipment Mobility in South Africa(CFAO)  Automotive battery production business in North America (TBMNC) (47.0)  Wind power generation / powe

  21. Slide 21: Car Exports and Retail Sales Volume by Key Region and Country

    Car Exports and Retail Sales Volume by Key Region and Country （Unit: units） Export Volume by Region Retail Sales Volume by Region FY2021 FY2022 FY2021 FY2022 Region 1-2Q 1-2Q Variance Region 1-2Q 1-2Q Variance Asia & Oceania 24,065 25,053 +988 Asia & Oceania 13,835 17,868 +4,033 China , Hong Kong &

  22. Slide 22: Financial Summary

    Financial Summary （Unit: Billion yen） J-GAAP IFRS FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Net sale/ 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 8,028.0 Revenue (※) Profit (attributable to owners of the 67.4 73.0 67.5 (43.7) 107.9 130.2 132.6

  23. Slide 23: Inquiries

    Inquiries Toyota Tsusho Corporation Investor Relations Group E-mail ttc_ir@pp.toyota-tsusho.com Tokyo Head Office TEL +81-3-4306-8201 ◆ This presentation contains “forward-looking statements” about the strategies and plans of Toyota Tsusho Corporation and its Group companies that are not historical

Toyota Tsusho Corp Ord — Q2 2022 Earnings Presentation on 6ix