Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2015 Earnings Presentation
23 slides from Toyota Motor's earnings presentation, May 8, 2015
Slide 1: FY2015 Financial Results
FY2015 Financial Results MIRAI Toyota Motor Corporation May 8, 2015
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: FY2015 Financial Results
FY2015 Financial Results FY2015 Financial Performance FY2016 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 10,000 9,116 8,972 (-144) 8,000 2,365 2,154 (-211) Japan N. America 6,000 Europe 2,529 2,715 (+186) Asia 4,000 Other 844 859 (+15) Central and South America, 1,609 1,489 (-120) Oceania, 2,000 Africa, The Middle East, 1,769 1,755 (-14) etc. 0 FY2014
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2014 FY2015 Change (’13/4-’14/3) (’14/4-’15/3) Net Revenues 25,691.9 27,234.5 +1,542.6 +6.0% Operating Income 2,292.1 2,750.5 +458.4 +20.0% Operating margin 8.9% 10.1% - - Income before income taxes and equity in earnings of affiliated 2,441.0 2,892
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +66.5 2,750.5 +280.0 -70.0 +61.9 -160.0 Effects of Other *4 Marketing Increase in Valuation Cost +280.0 Expenses, Gains/Losses 2,292.1 Reduction Activities *2 etc. *3 from Interest Efforts Effects of Rate Swaps, FOREX etc. Rates *1 ’13/4-’1
Slide 8: Geographic Operating Income: Japan
Geographic Operating Income：Japan Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 1,571.4 billion yen 2,365 (+61.3 billion yen year on year ) 2,154 (-211) Increased mainly as a result of favourable foreign exchange rates and cost reduction eff
Slide 9: Geographic Operating Income: North America
Geographic Operating Income：North America Operating Income (billions of yen) Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income <Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.> 2,715 (+186) 537.9 bill
Slide 10: Geographic Operating Income: Europe
Geographic Operating Income：Europe Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 81.1 billion yen 859 (+15) (+22.8 billion yen year on year) 844 Increased as a result of cost reduction efforts in addition to marketing efforts. 81.1 58.2 FY20
Slide 11: Geographic Operating Income: Asia
Geographic Operating Income：Asia Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 421.7 billion yen 1,609 (+26.0 billion yen year on year) 1,489 (-120) Increased mainly as a result of cost reduction efforts and favourable foreign exchange rates
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 111.5 billion yen 1,769 1,755 (-14) (+68.9 billion yen year on year) Increased primarily due to marketin
Slide 13: Financial Services Operating Income
Financial Services Operating Income (billions of yen) Operating Income < Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.> 321.9 billion yen (+4.9 billion yen year on year) Increased primarily due to an increased lending balance and the translational impact of the weaker Yen. FY2014 F
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 350 318.3 308.5 (-9.8) Japan 300 China 250 Other 201.2 192.8 (-8.4) 200 150 Retail Sales Results in China (thousands of vehicles) 100 ’13/1-12 ’14/1-12 86.3 83.2 (-3.0) Retail Sales 50 Volume 917 1,032 30.8 32.4 (+1.6) 0 FY2014 FY2015 Chan
Slide 15: Shareholder Return
Shareholder Return Full-Year Dividend : 200 yen per share (Total Amount of Payment ： 631.3 billion yen, Payout Ratio 29.0%) Repurchase (max)：300.0 billion yen 40 million shares Dividend per Share Net Income (yen) Dividend per share and Net income (billions of yen) 250 250 Net Income (Right axis) 25,
Slide 16: FY2016 Financial Forecasts
FY2015 Financial Results FY2015 Financial Performance FY2016 Financial Forecasts
Slide 17: FY2016 Forecasts: Consolidated Vehicle Sales
FY2016 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,972 8,900 (-72) 8,000 2,154 Japan 2,120 (-34) N. America 6,000 Europe 2,715 2,830 (+115) Asia 4,000 Other 859 820 (-39) Central and South America, 1,489 1,440 (-49) Oceania, 2,000 Africa, The Middle East, 1,755 1,690 (-65)
Slide 18: FY2016 Forecasts: Consolidated Financial Summary
FY2016 Forecasts: Consolidated Financial Summary (billions of yen) FY2015 Results FY2016 Forecasts (’14/4-’15/3) (’15/4-’16/3) Change Net Revenues 27,234.5 27,500.0 +265.5 Operating Income 2,750.5 2,800.0 +49.5 Operating margin 10.1% 10.2% - Income before income taxes and equity in earnings of affil
Slide 19: Analysis of FY2016 Forecasts: Consolidated Operating Income
Analysis of FY2016 Forecasts: Consolidated Operating Income (billions of yen) Profit Improvement Activities +185.0 +265.0 -250.0 Other Marketing Efforts Effects of Increase in 2,800.0 Cost -80.5 FOREX Rates 2,750.5 Volume/ +170.0 Reduction Expenses Other -45.0 Model Mix Efforts -10.0 Marketing Effor
Slide 20: FY2016 Consolidated Forecasts: R&D, CAPEX, Depreciation
FY2016 Consolidated Forecasts: R&D, CAPEX, Depreciation (billions of yen) R&D Expenses Capital Expenditures ● Depreciation Expenses 870.0 806.2 1,200 12,000 775.9 1,100 11,000 732.9 727.3 1,000 10,000 900 9,000 1,200.0 1,177.4 800 8,000 1,050.0 1,004.5 1,000.7 700 7,000 910.5 852.7 779.8 807.4 706.7
Slide 21: FY2015 Financial Results
FY2015 Financial Results LEXUS RX (NY International Auto Show 2015 exhibition car) Toyota Motor Corporation May 8, 2015
Slide 22: (Reference) FY2016 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2016 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) FY2015 Results FY2016 Forecasts (’14/4-’15/3) (’15/4-’16/3) T Japan 3,186 3,200 o Vehicle 1 Overseas 5,762 5,850 y Production* o t Total 8,948 9,050 a Japan 1,466 1,450 & L Vehicle Retail Sales* 2 Overseas 7,64
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 Toyota- and Lexus- brand vehicles Toyota and Lexus Vehicle Sales Customers P5,17 Number of vehicles