Subaru Corporation · TSE:7270
Subaru — Q3 FY2006 Earnings Presentation
23 slides from Subaru's earnings presentation, 2006
Slide 1: 2006 Third Quarter Results
2006 2 3 0 http://www.fhi.co.jp/fina/
Slide 2: http://www.fhi.co.jp/fina/
1 http://www.fhi.co.jp/fina/
Slide 3: 3Q unit sales
2005 3 2006 3 3Q 3Q 72.4 69.1 3.3 106.7 95.1 11.6 179.0 164.1 14.9 140.2 134.5 5.8 12.8 11.7 1.1 45.1 47.4 +2.3 26.2 27.9 +1.6 15.3 23.0 +7.6 239.6 244.4 +4.7 SIA 13.2 0 13.2 431.8 408.5 23.3 SIA 1 2 http://www.fhi.co.jp/fina/
Slide 4: P/L 3Q consolidated results
P/L ( ) 2005 3 2006 3 3Q 3Q 10,504 10,395 109 4,455 4,281 174 6,049 6,114 +65 265 376 +111 286 312 +26 207 128 79 109 /$ 111 /$ +1 /$ 3 http://www.fhi.co.jp/fina/
Slide 5: 3Q operating profit FHI SIA
(402) 48 (318) 79 175 68 26 53 91 FHI: 376 265 SIA: 111 2005 3 2006 3 3Q 3Q 4 http://www.fhi.co.jp/fina/
Slide 6: 3Q net sales
( ) 2005 3 2006 3 3Q 3Q 9,593 9,400 2.0% 413 521 +26.2% 341 380 +11.4% 157 94 40.1% 10,504 10,395 1.0% 5 http://www.fhi.co.jp/fina/
Slide 7: 3Q net sales by segment
( ) 2005 3 2006 3 3Q 3Q 6,414 6,369 0.7% 3,978 3,907 1.8% 112 119 +6.3% 10,504 10,395 1.0% 6 http://www.fhi.co.jp/fina/
Slide 8: SOA and SIA results (million US$)
(million US$) 2004 9 2005 9 SOA(1 9 ) $3,089 $3,267 +178 35 24 +12 19 11 +8 ( ) 136.9 143.2 +6.3 2004 9 2005 9 SIA(1 9 ) $1,767 $1,792 +24 54 26 +28 73 161 88 ( ) 87.7 89.2 +1.4 ( ) (13.2) (0) ( 13.2) (2 1 12 ) 7 http://www.fhi.co.jp/fina/
Slide 9: SIA ordinary profit breakdown
( ) 2005 3 2006 3 3Q 3Q 109 96 13 53 26 27 SIA - 13 +13 9 40 32 8 87 160 +72 - 47 +47 5 - 5 63 89 +26 36 +22 64 85 8 http://www.fhi.co.jp/fina/
Slide 10: 3Q Saab
( ) 2005 3 2006 3 3Q 3Q 32 61 +29 3 53 +50 27 2 25 28 171 +143 - 79 +79 - 56 +56 Saab - 18 +18 9 http://www.fhi.co.jp/fina/
Slide 11: B/S D/E
B/S ( ) 2005 3 2005 12 13,575 13,384 190 6,491 6,087 403 7,084 7,297 +213 4,122 3,911 211 4,712 4,531 180 22 415 393 34.7% 33.9% 0.9% D/E 0.87 0.86 0.01 10 http://www.fhi.co.jp/fina/
Slide 12: 3Q unit sales SIA
2005 3 2006 3 3Q 3Q 22.0 20.8 1.2 33.5 29.5 4.0 55.5 50.3 5.2 53.5 53.4 0.1 5.5 4.5 1.1 14.4 16.7 +2.3 9.2 9.8 +0.6 5.1 9.5 +4.4 87.8 93.9 +6.1 SIA 1.0 0 1.0 144.2 144.2 0.0 SIA 11 http://www.fhi.co.jp/fina/
Slide 13: P/L 3Q
P/L ( ) 2005 3 2006 3 3Q 3Q 3,596 3,724 +128 1,404 1,326 78 2,191 2,398 +207 110 202 +92 135 177 +42 124 48 76 108 /$ 114 /$ +6 /$ 12 http://www.fhi.co.jp/fina/
Slide 14: 3Q operating profit FHI SIA
(211) 20 9 (127) 46 28 6 17 32 202 FHI: 110 SIA: 92 2005 3 2006 3 3Q 3Q 13 http://www.fhi.co.jp/fina/
Slide 15: http://www.fhi.co.jp/fina/
14 http://www.fhi.co.jp/fina/
Slide 16: Full-year unit sales forecast
2005 3 2006 3 104.0 101.8 2.3 150.0 133.2 16.8 254.0 235.0 19.0 193.9 192.8 1.2 16.5 16.2 0.3 60.5 64.1 +3.6 35.4 36.5 +1.1 21.2 29.5 +8.3 327.6 339.1 +11.5 SIA 13.2 - 13.2 594.8 574.1 20.7 SIA 1 12 15 http://www.fhi.co.jp/fina/
Slide 17: Full-year forecast
( ) 2005 3 2006 3 14,465 14,800 +335 6,271 6,190 81 8,194 8,610 +416 420 490 +70 436 390 46 182 120 62 108 /$ 111 /$ +3 /$ 16 http://www.fhi.co.jp/fina/
Slide 18: Operating profit forecast FHI SIA
103 52 249 40 124 FHI:88 SIA:36 490 420 +70 2005 3 2006 3 17 http://www.fhi.co.jp/fina/
Slide 19: Revised unit sales forecast
2006 3 103.2 101.8 1.5 133.8 133.2 0.6 237.1 235.0 2.1 196.3 192.8 3.6 16.5 16.2 0.3 62.0 64.1 +2.1 35.8 36.5 +0.7 25.6 29.5 +3.9 336.2 339.1 +2.9 573.3 574.1 +0.8 SIA 1 12 18 http://www.fhi.co.jp/fina/
Slide 20: Revised full-year forecast
( ) 2006 3 14,800 14,800 - 6,230 6,190 40 8,570 8,610 +40 390 490 +100 290 390 +100 120 120 - 108 /$ 111 /$ +3 /$ 19 http://www.fhi.co.jp/fina/
Slide 21: SIA forecast change
27 91 11 25 SIA:11 490 390 +100 200 3 2006 3 20 http://www.fhi.co.jp/fina/
Slide 22: SOA and SIA full-year results
(million US$) SOA(1 12 ) 2004 2005 $4,357 $4,658 +301 10 7 +3 2 0 2 ( ) 186.3 194.0 +7.7 SIA(1 12 ) 2004 2005 $2,427 $2,611 +184 57 31 +25 74 177 103 ( ) 118.7 119.0 +0.3 ( ) (13.2) (-) ( 13.2) (2 1 12 ) 21 http://www.fhi.co.jp/fina/
Slide 23: http://www.fhi.co.jp/fina/
http://www.fhi.co.jp/fina/