Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2020 Earnings Presentation
20 slides from Toyota Motor's earnings presentation, Aug 2, 2019
Slide 1: FY2020 First Quarter Financial Results
FY2020 First Quarter Financial Results GR Supra GT4 Toyota Motor Corporation August 2, 2019
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: FY2020 First Quarter Financial Results
FY2020 First Quarter Financial Results FY2020 First Quarter Financial Performance FY2020 Financial Forecasts 4
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 2,500 2,236 2,303 (+67) 2,000 510 555 (+45) Japan N. America 1,500 Europe 746 744 (-2) Asia 1,000 Other 253 274 (+21) Central and South America, 394 398 (+4) Oceania, 500 Africa, The Middle East, 333 332 (-1) etc. 0 FY2019 1Q FY2020 1Q Change (’18/4
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2020 1Q FY2019 1Q Change (’19/4-6) (’18/4-6) Net Revenues 7,646.0 7,362.7 +283.3 Operating Income 741.9 682.6 +59.2 Margin 9.7% 9.3% Other Income 99.7 131.1 -31.3 Income before Income Taxes 841.7 813.8 +27.8 Equity in Earnings of Affiliated Companie
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +20.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +80.0 -75.0 741.9 +19.2 +15.0 Marketing Increase or Decrease Other *4 682.6 +20.0 Cost Efforts in Expenses and Effects of Reduction *2 Expens
Slide 8: Geographic Operating Income
Geographic Operating Income Operating Income (billions of yen) ( ): margin ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) ≪Japan≫ ≪N. America≫ ≪Europe≫ ≪Asia≫ ≪Other≫ 746 744 (-2) 510 555 (+45) 394 398 (+4) 333 332 (-1) 253 274
Slide 9: Reference: China business
〈Reference〉 China business Retail sales 348 (+23) 325 (thousands of vehicles) ◇Retail vehicle sales (+23K year on year) ・Increased C-HR, IZOA, Levin, etc. Operating ◇Operating income Income (Subsidiaries) 56.0 -19.6 36.4 (-19.6 billion yen year on year) ・Decreased mostly due to effects of foreign ex
Slide 10: Financial Services Operating Income
Financial Services Operating Income ◇ Operating Income * (+23.4 billion yen year on year) ・Operating income increased mainly due to an increase in the lending balance and a decrease in costs related to residual-value losses. +23.4 105.7 82.2 ’18/4-6 ’19/4-6 Change Operating Income 73.5 108.2 +34.6 ’
Slide 11: FY2020 First Quarter Financial Results
FY2020 First Quarter Financial Results FY2020 First Quarter Financial Performance FY2020 Financial Forecasts 11
Slide 12: FY2020 Forecasts: Consolidated Vehicle Sales
FY2020 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 9,000 9,000 (±0) 8,977 8,000 2,200 2,210 (+10) 2,226 Japan N. America 6,000 2,700 2,690 (-10) Europe 2,745 Asia 4,000 1,030 1,030 (±0) 994 Other Central and South America, 2,000 1,730 1,730 (±0) 1,684 Oceania, Africa, The Mi
Slide 13: FY2020 Forecasts: Consolidated Financial Summary
FY2020 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts Change FY2019 Results (’19/4-’20/3) (’19/4-’20/3) (’18/4-’19/3) Net Revenues 29,500.0 30,000.0 -500.0 30,225.6 Operating Income 2,400.0 2,550.0 -150.0 2,467.5 Margin 8.1% 8.5% 8.2% Income before Incom
Slide 14: Analysis of FY2020 Forecasts: Operating Income (vs. Previous Forecasts)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) +25.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 2,550.0 -180.0 +10.0 -5.0 +20.0 +5.0 2,400.0 Effects of Cost Effects of Increase or Decrease Other
Slide 15: Analysis of FY2020 Forecasts: Operating Income (vs. FY2019 Results)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. FY2019 Results) (billions of yen) +100.0 Excluding the overall impact of foreign 2,467.5 exchange rates and swap valuation gains/losses, etc. 2,400.0 -350.0 +120.0 -25.0 +5.0 +182.5 Effects of Cost Effects of Increase or Decrease Other
Slide 16: Activities for Enhancement of Competitiveness
Activities for Enhancement of Competitiveness Latest Publications ( ) : publication month Area Contents ・Bring Forward to May 2020 Plan to Make All Vehicle Models Available Through All Sales Outlets in Japan (June) Auto ・Toyota and JTEKT to Start Consideration Toward Transfer of Toyota-owned Shares
Slide 17: FY2020 First Quarter Financial Results
FY2020 First Quarter Financial Results COROLLA COROLLA TOURING (Global Model) (Global Model) Toyota Motor Corporation August 2, 2019
Slide 18: Reference: Transition of Financial Performance
〈Reference〉 Transition of Financial Performance Forecast Consolidated Vehicle Sales Net Revenues Operating Income Net Income (thousands of vehicles) (trillions of yen) (billions of yen) (billions of yen) ● Operating Margin(%) ● Net Margin(%) 30.2 29.5 10.0 29.3 8,971 8,964 8,977 9,000 28.4 8.2 8.2 8
Slide 19: Reference: FY2020 Forecasts: Vehicle Production and Retail Sales
〈Reference〉 FY2020 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) New Forecasts Previous Forecasts Change (’19/4-’20/3) (’19/4-’20/3) T Japan 3,300 3,300 +30 o Vehicle y Production Overseas 5,710 5,790 -80 o *1 t Total 9,040 9,090 -50 a Retail Japan 1,540 1,540 ±0 & L Vehicle
Slide 20: 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 Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales Customers P5, 8, 12, 18 Number of v