Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2017 Earnings Presentation
23 slides from Toyota Motor's earnings presentation, Aug 4, 2016
Slide 1: FY2017 First Quarter Financial Results
FY2017 First Quarter Financial Results TOYOTA C-HR Toyota Motor Corporation August 4, 2016
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: FY2017 First Quarter Financial Results
FY2017 First Quarter Financial Results FY2017 First Quarter Financial Performance FY2017 Financial Forecasts 4
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 2,500 2,114 2,172 (+58) 2,000 Japan 470 511 (+41) N. America 1,500 Europe 729 715 (-14) Asia Other 1,000 Central and South 206 222 (+16) America, Oceania, 500 328 384 (+56) Africa, The Middle East, etc. 381 340 (-41) 0 FY2016 1Q FY2017 1Q Change (’1
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2016 1Q FY2017 1Q Change (’15/4-’15/6) (’16/4-’16/6) Net Revenues 6,987.6 6,589.1 -398.5 -5.7% Operating Income 756.0 642.2 -113.7 -15.0% Operating margin 10.8% 9.7% - - Income before income taxes and equity in earnings of affiliated 845.2 677.0 -16
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +145.0 Excluding the overall impact of foreign exchange 756.0 rates and swap valuation gains/losses etc. -23.7 642.2 -235.0 +85.0 -30.0 Other *4 +90.0 Marketing Increase in Efforts *2 Expenses, Effects of Cost etc. *3 FOREX Reduction Rates
Slide 8: Geographic Operating Income: Japan
Geographic Operating Income：Japan ● * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 290.1billion yen (-186.9 billion yen year on year) 511 (+41) Declined due to the effect of
Slide 9: Geographic Operating Income: North America
Geographic Operating Income：North America ● * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 165.4 billion yen (+14.2 billon yen year on year) 729 715 (-14) Improved mainly due
Slide 10: Geographic Operating Income: Europe
Geographic Operating Income：Europe ● * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 8.5 billion yen (-1.6 billion yen year on year) Decreased mainly as a result of the deprec
Slide 11: Geographic Operating Income: Asia
Geographic Operating Income：Asia ● * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 124.6 billion yen (+22.4 billion yen year on year) 384 (+56) Improved as increased vehicle s
Slide 12: Geographic Operating Income: Central & South America, Oceania, Africa and The Middle East
Central & South America, Geographic Operating Income : Oceania, Africa and The Middle East ● * Operating Income (billions of yen) Consolidated Vehicle Sales (thousands of vehicles) Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 28.1 billion yen (-6.3 billion yen
Slide 13: Financial Services Operating Income
Financial Services Operating Income Operating Income (billions of yen) * Operating Income * * Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. 81.6 billion yen (-15.2 billion yen year on year) Declined despite an increase in lending balance due to the increased costs related to residu
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 120 Japan 100.9 100 90.0 (-10.9) China Other 80 60 80.6 55.0 (-25.6) 40 Retail Sales Results in China (thousands of vehicles) 20 27.6 (+15.2) ’15/1-3 ’16/1-3 12.4 76 7.8 7.3 (-0.5) Retail Sales 0 Volume 228 291 FY2016 1Q FY2017 1Q Change (
Slide 15: FY2017 First Quarter Financial Results
FY2017 First Quarter Financial Results FY2017 First Quarter Financial Performance FY2017 Financial Forecasts 15
Slide 16: FY2017 Forecasts: Consolidated Vehicle Sales
FY2017 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,900 8,900 (±0) 8,681 8,000 Japan 2,240 2,240 (±0) 2,059 N. America Europe 6,000 Asia 2,850 2,880 (+30) 2,839 Other 4,000 Central and 844 South America, 920 950 (+30) Oceania, Africa, 1,410 1,470 (+60) 1,345 The Middle East
Slide 17: FY2017 Forecasts: Consolidated Financial Summary
FY2017 Forecasts: Consolidated Financial Summary (billions of yen) Previous Forecasts New Forecasts FY2016 Results (’16/4-’17/3) (’16/4-’17/3) Change (’15/4-’16/3) Net Revenues 26,500.0 26,000.0 -500.0 28,403.1 Operating Income 1,700.0 1,600.0 -100.0 2,853.9 Operating margin 6.4% 6.2% - 10.0% Income
Slide 18: Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) +115.0 1,700.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses etc. -30.0 1,600.0 -185.0 +45.0 Other *4 +35.0 Decrease in Expenses, +35.0 Marketing etc. *3 Ef
Slide 19: Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. FY2016 Results)
Analysis of FY2017 Forecasts: Consolidated Operating Income (vs. FY2016 Results) (billions of yen) +50.0 Effects of Excluding the overall impact of foreign exchange FOREX rates and swap valuation gains/losses etc. 2,853.9 Rates *1 Increase in Cost Marketing Expenses, Reduction Efforts *2 etc. *3 -1,
Slide 20: FY2017 Consolidated Forecasts: R&D, CAPEX, Depreciation
FY2017 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures 1,300 13,000 1,200 ● Depreciation Expenses 12,000 920.0 806.2 885.1 1,100 11,000 775.9 1,000 10,000 727.3 1,340.0 900 9,000 1,292.5 1,004.5 1,055.6 1,070.0 1,177.4 800 8,000 910.5 1,000.7 700
Slide 21: FY2017 First Quarter Financial Results
FY2017 First Quarter Financial Results 86 レビンハイブリッド Toyota Motor Corporation August 4, 2016
Slide 22: (Reference) FY2017 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2017 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) Previous Forecasts New Forecasts (’16/4-’17/3) Change (’16/4-’17/3) T Japan 3,250 3,250 ±0 o Vehicle 1 y Production* Overseas 5,800 5,800 ±0 o t Total 9,050 9,050 ±0 a & Japan 1,600 1,600 ±0 L Vehicle 2 Oversea
Slide 23: (Reference) 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 Customers Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales P5,16 Number of vehicles