Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2022 Earnings Presentation
17 slides from Toyota Motor's earnings presentation, August 2021
Slide 1: Appreciation to customers, shareholders, dealers and suppliers
We would like to express our heartfelt appreciation to our customers around the world who chose us as well as our shareholders, dealers and suppliers who support us. 1
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements and TOYOTA Caution concerning Insider Trading 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 know
Slide 3: Summary for the first quarter of this fiscal year
I would like to explain the summary for the first quarter of this fiscal year. The first quarter results were the result of maintaining stable sales and supply together with our suppliers and dealerships, despite the semiconductor shortage and spread of COVID-19. This was based on improvements in th
Slide 4: FY2022 First Quarter Financial Performance
FY2022 First Quarter Financial Performance TOYOTA
Slide 5: Financial results for the first quarter ended June 2021
Let me discuss our financial results for the first quarter ended June 2021. Consolidated vehicle sales was at 2 million 148 thousand units, which was 185.4% of such sales for the first quarter of the previous fiscal year. Toyota and Lexus brand vehicle sales was at 2 million 545 thousand units, whic
Slide 6: Consolidated financial results for the first quarter
Consolidated financial results for the first quarter of this fiscal year were: Sales revenues of 7 trillion 935.5 billion yen, Operating income of 997.4 billion yen, Income before income taxes of 1 trillion 257.2 billion yen and Net income of 897.8 billion yen. 6
Slide 7: Factors impacting operating income year on year
I would like to explain the factors which impacted operating income year on year. First, the effects of foreign exchange rates increased operating income by 140 billion yen. Second, cost reduction efforts decreased operating income by 5 billion yen due to the impact of soaring material prices. Third
Slide 8: Operating income by region
Next I will explain operating income for each region. As shown, operating income increased year on year or returned to profitability in all regions, largely due to the increase in sales volume. 8
Slide 9: China business and Financial Services
Next, let me explain our consolidated subsidiaries and equity-method associates and joint ventures in China as well as our Financial Services business. As for our China business, operating income of consolidated subsidiaries increased year on year due to the impact of foreign exchange rate, and our
Slide 10: Operating income factors compared to 2019
As a reference, I would like to explain the factors that impacted operating income compared to the same period in 2019, the fiscal year before the COVID-19 outbreak. Although consolidated sales volume decreased, excluding the impact of foreign exchange rates, swap valuation gains and losses and othe
Slide 11: Sales efforts under limited inventory in the U.S.
I would like to explain the sales efforts under the limited inventory condition in the U.S. as a topic for this announcement. In the U.S., vehicle inventory has remained quite low since the middle of 2020 due to rapid recovery in demand. And it has further declined in 2021 due to a shortage of semic
Slide 12: Forecasts for the full fiscal year ending March 2022
Now, let us move on to discuss the forecasts for the full fiscal year ending March 2022. 12
Slide 13: Vehicle sales forecasts unchanged
The forecasts of consolidated vehicle sales and Toyota and Lexus brand vehicle sales remain unchanged from those announced in May. 13
Slide 14: Consolidated financial results forecast unchanged
The forecast for consolidated financial results is also unchanged from the May forecast. In the first quarter, we have seen the results of our improvement activities, despite the severe business environment. We will continue these activities in the future, but the situation is still unpredictable du
Slide 15: Total Liquid Assets, Total Shareholder Return, R&D Expenses
Total Liquid Assets** (bilions of yen) 11,5794 10,3186 9,372.1 9,454.4 ; Interest |) ) oe | Bearing r] oa Net Liquid 7936.6 8,051.4 Assets sae 6,901.0 7,964.9 *4 8D activity related expenditures incurred during the reporting period Total Shareholder Return*® (bilions of yen) + Dividend per Share (ye
Slide 16: (Reference) FY2022 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2022 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) Japan Vehicle = Production Overseas Ss 4 Total Ey J Ss Retail Japan = - Go Vehicle Overnoae Sales 2 Total Total Retail Vehicle Sales** (Including Daihatsu- & Hino- brand) “1 Including vehicle production by Toyo
Slide 17: (Reference) Definitions of Consolidated and Retail Vehicle Sales
TOYOTA (Reference) Definitions of Consolidated and Retail Vehicle Sales Daihatsu- and Hino- brand vehicles DAIHATSU ° ° s a = = ea o a < = = — > a = 2 a @TOYOTA Musas Number of vehicles produced for wholesale by Toyota Motor Corporation and its consolidated subsidiaries S9]Bg eIDIYAA [12184 [EIOL UO