Toyota Boshoku Corp. · TSE:3116
Toyota Boshoku — FY2025 Earnings Presentation
32 slides from Toyota Boshoku's earnings presentation, Apr 25, 2025
Slide 1: FY2025 Financial Results
TSE Prime Market Securities Code 3116 FY2025（ending March 2025） Financial Results Date: April 25, 2025
Slide 2: Contents
Contents 1. FY2025 Financial Results 2. FY2026 Financial Forecasts 3. Appendix
Slide 3: Contents
Contents 1. FY2025 Financial Results 2. FY2026 Financial Forecasts 3. Appendix
Slide 4: Overview of Consolidated Financial Results
1-1) FY2025 Financial Results Overview of Consolidated Financial Results （100 million yen） FY2024 FY2025 YOY Change Revenue 19,536 100.0% 19,542 100.0% 5 0.0% Operating Profit 792 4.1% 423 2.2% △368 △46.5% Profit before income taxes 880 4.5% 470 2.4% △409 △46.5% Profit* 585 3.0% 167 0.9% △418 △71.4%
Slide 5: Seat Production by Region
1-2) FY2025 Financial Results Seat Production by Region Total By Region （10,000 Units） △38 （10,000 Units） △4.4% YOY Change 857 FY24 FY25 Pct Change △6 820 △1.9% 328 322 △13 △6 △9.1% △1 △4.3% △0.3% △11 △13.0% 142 136 147 133 154 153 86 75 FY24 FY25 Japan The China Asia Europe& Americas Africa 2
Slide 6: Consolidated Revenue & Operating Profit
1-3) FY2025 Financial Results Consolidated Revenue & Operating Profit Profit decreased due to impairment losses in addition to a decrease in volume and increased overhead costs despite the impact of new products and cost reduction Volume & Model Mix Operating Profit Variance Analysis YOY Change (10,
Slide 7: Comparison with the Previous Forecast
1-3) FY2025 Financial Results Comparison with the Previous Forecast （100 million yen） 3Q 4Q Difference announced announced (Forecast) (Actual) Internal Environmental Total efforts changes FY24 Actual (exc. Constitutional 870 870 - - - strengthening costs) Volume △230 △175 +55 - ・+0.2M units +55 Mix
Slide 8: Japan Revenue & Operating Profit
1-3) FY2025 Financial Results Japan Revenue & Operating Profit Profit decreased due impairment losses in addition to an increased overhead costs despite the impact of constitutional strengthening in the previous year, new product effects and changes in the products mix Volume & Model Mix Operating P
Slide 9: The Americas Revenue & Operating Profit
1-3) FY2025 Financial Results The Americas Revenue & Operating Profit While company-wide efforts to improve profitability have progressed steadily, impairment losses are recognized considering the recent changes in the business environment *Includes the impact of Inflation easing in Argentina Volume
Slide 10: China Revenue & Operating Profit
1-3) FY2025 Financial Results China Revenue & Operating Profit Profit decreased due to volume decrease caused by the shift of the market towards BEVs* despite impacts of cost reduction and changes in the products mix *BEV : Battery Electric Vehicle Volume & Model Mix Operating Profit Variance Analys
Slide 11: Asia Revenue & Operating Profit
1-3) FY2025 Financial Results Asia Revenue & Operating Profit Profit decreased due to changes in the products mix and an increase in overhead costs despite cost reduction and foreign exchange impacts Volume & Model Mix Operating Profit Variance Analysis (10,000 units) （100 million yen） Changes in pr
Slide 12: Europe & Africa Revenue & Operating Profit
1-3) FY2025 Financial Results Europe & Africa Revenue & Operating Profit Profit decreased due to impacts of volume decrease and market prices, as well as changes in the products mix despite cost reduction and foreign exchange impacts Volume & Model Mix Operating Profit Variance Analysis (10,000 unit
Slide 13: Contents
Contents 1. FY2025 Financial Results 2. FY2026 Financial Forecasts 3. Appendix
Slide 14: FY2026 Forecasts: Overview of Consolidated Financial Results
2-1) FY2026 Financial Forecasts Overview of Consolidated Financial Results (100 million yen) FY2025 FY2026 YOY Change Actual Forecast Revenue 19,542 100.0% 20,000 100.0% 457 2.3% Operating Profit 423 2.2% 800 4.0% 376 88.7% Profit before income taxes 470 2.4% 830 4.2% 359 76.2% Profit* 167 0.9% 500
Slide 15: FY2026 Forecasts: Seat Production by Region
2-2) FY2026 Financial Forecasts Seat Production by Region Total By Region +10 （10,000 Units） +1.2% （10,000 Units） YOY Change 820 830 FY25 FY26 Pct Change Actual Forecast +13 +4.1% 322 335 +9 △18 +7 +6.6% △13.8% +4.4% △0 △0.3% 136 145 133 115 153 160 75 75 FY25 FY26 Japan The China Asia Europe& Actua
Slide 16: FY2026 Forecasts: Consolidated Revenue & Operating Profit
2-3) FY2026 Financial Forecasts Consolidated Revenue & Operating Profit Higher profits due to volume increase globally and new product effects in addition to impacts of cost reduction. However, the uncertainty in the external environment is increasing such as the impact of additional U.S. tariffs Vo
Slide 17: Revenue & Operating Profit by Region: Japan, Americas
2-4) FY2026 Financial Forecasts Revenue & Operating Profit by Region Japan The Americas Higher profit due to the impact of impairment Higher profit due to the impact of impairment losses in previous year in addition to volume losses in the previous year in addition to increase, new product effects a
Slide 18: Revenue & Operating Profit by Region: China, Asia
2-4) FY2026 Financial Forecasts Revenue & Operating Profit by Region China Asia Lower profit due to volume decrease caused Lower profit due to changes in the products mix and by the shift of the market towards BEVs an increase in overhead costs despite volume despite cost reduction and decrease in i
Slide 19: Revenue & Operating Profit by Region: Europe & Africa
2-4) FY2026 Financial Forecasts Revenue & Operating Profit by Region Europe & Africa Lower profit due to impacts of market condition and an increase in overhead costs despite cost reduction Volume & Model Mix (10,000 units) △0 75 <△0.3%> 75 65 Compact (86.5%) SUV・MPV 10 (12.6%) Large 1 (0.8%) FY25 F
Slide 20: 1st/2nd Half by Region
2-5) FY2026 Financial Forecasts 1st/2nd Half by Region Revenue （100 million yen） 1st Half 2nd Half Full Year Japan 4,800 5,000 9,800 The Americas 2,700 2,700 5,400 China 1,000 900 1,900 Asia 1,400 1,400 2,800 Europe & Africa 500 600 1,100 Total 9,900 10,100 20,000 Operating Profit （100 million yen）
Slide 21: Returning to Shareholders
2-6) FY2026 Financial Forecasts Returning to Shareholders ■For FY25, annual dividends is 86 yen, as announced previously ■For FY26, dividends plan is 86 yen, aim to provide long-term stable profit return based on consolidated performance, dividend payout ratio and DOE 3% or more Trends in dividends,
Slide 22: Concluding
2-7) Concluding FY2025 Financial Results 【FY25 Results】 ・ Compared to the previous forecast, operating profit increased excluding impairment losses as company-wide efforts to secure profitability, such as streamlining of expense costs and sales efforts, were fully implemented. ・ For the Americas reg
Slide 23: Contents
Contents 1. FY2025 Financial Results 2. FY2025 Financial Forecasts 3. Appendix
Slide 24: Status of the Consolidated Statement of Financial Position
Appendix1) Status of the Consolidated Statement of Financial Position (April 25th, 2025) (100 million yen) :Compared to the previous year end Current assets Liabilities 7,087 6,348 Decrease in Decrease in lease ↓ receivables etc. △401 ↓ △300 lease receivables etc. 6,686 6,047 Assets 10,948 （the prev
Slide 25: Consolidated Cash Flows
Appendix2）Consolidated Cash Flows Cash flows from operating activities: 1,748 △530 year-over-year 1,218 Free cash flows: 881 △273 year-over-year 608 Major factors ・cash decreased due to a reduction in profits etc. Cash flows from investing activities: FY24 Actual FY25 Actual +257 year-over-year △ 60
Slide 26: Quarterly Trends: Consolidated
Appendix3) Quarterly Trends: Consolidated volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue Seat Assembly Production (100 million yen) (10,000 units) 8,000 218 228 207 217 216 206 201 199 200 198 220 189 195 195 177 194 153 4,885 5,071 4,824 4,880 4,985 5,0
Slide 27: Quarterly Trends: Japan
Appendix4) Quarterly Trends: Japan volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue (100 million yen) (10,000 units) 4,000 86 100 83 85 84 85 80 77 75 74 75 68 67 69 68 62 59 2,440 2,290 2,333 2,242 2,288 2,408 2,453 2,265 2,162 1,885 1,764 1,815 1,749 1,8
Slide 28: Quarterly Trends: The Americas
Appendix5) Quarterly Trends: The Americas volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue (100 million yen) (10,000 units) 2,000 35 33 35 35 36 36 37 33 35 40 30 32 32 31 29 30 27 1,535 1,381 1,370 1,149 1,194 1,112 1,070 1,039 1,123 1,026 1,000 854 863 8
Slide 29: Quarterly Trends: China
Appendix6) Quarterly Trends: China volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue (100 million yen) (10,000 units) 2,000 43 44 43 50 39 39 40 40 41 36 38 34 33 30 30 29 27 1,000 25 646 673 628 699 690 600 595 548 628 599 595 445 428 530 518 434 0 0 1Q 2Q
Slide 30: Quarterly Trends: Asia
Appendix7) Quarterly Trends: Asia volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue (100 million yen) (10,000 units) 2,000 50 39 40 40 40 38 38 40 38 38 34 35 35 32 29 23 1,000 21 25 722 729 706 756 705 634 697 638 624 663 693 528 556 525 417 401 0 0 1Q 2Q
Slide 31: Quarterly Trends: Europe & Africa
Appendix8) Quarterly Trends: Europe & Africa volume, revenue, operating profit, operating profit ratio Seat Assembly Production / Revenue (100 million yen) (10,000 units) 1,000 40 23 23 24 23 22 21 20 20 20 19 19 19 19 18 18 500 20 13 322 335 358 306 296 309 309 309 300 307 232 258 247 264 216 166 0
Slide 32: Disclaimer
<Disclaimer> This report contains forecasts and expectations that relate to future plans and strategies in addition to the expected financial results of the Toyota Boshoku Corporation and the Toyota Boshoku group. Within are estimates based on assumptions and opinions that have been formed by the co