Toyota Motor Corp. · TSE:7203
Toyota Motor — Q3 FY2020 Earnings Presentation
20 slides from Toyota Motor's earnings presentation, Feb 6, 2020
Slide 1: FY2020 Third Quarter Financial Results
FY2020 Third Quarter Financial Results Woven City (Revealed at CES in January 2020) Toyota Motor Corporation February 6, 2020
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements and Caution concerning Insider Trading
Cautionary Statement with Respect to Forward-Looking Statements and 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 known and u
Slide 3: Consolidated Vehicle Sales (FY2020 9 months)
Consolidated Vehicle Sales (FY2020 9 months) (thousands of vehicles) 6,701 6,830 (+129) 7,000 6,000 1,595 1,656 (+61) Japan 5,000 N. America 4,000 2,091 2,114 (+23) Europe Asia 3,000 725 770 (+45) Other Central and 2,000 South America, 1,275 1,235 (-40) Oceania, 1,000 Africa, The Middle East, 1,015
Slide 4: Consolidated Financial Summary (FY2020 9 months)
Consolidated Financial Summary (FY2020 9 months) (billions of yen) FY2020 9 months FY2019 9months Change (’19/4-12) (’18/4-12) Net Revenues 22,830.1 22,475.5 +354.6 Operating Income 2,058.7 1,937.9 +120.8 Margin 9.0% 8.6% Other Income 456.9 -212.1 +669.1 Income before Income Taxes 2,515.7 1,725.7 +7
Slide 5: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (FY2020 9 months) (billions of yen) +220.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. 2,058.7 +150.8 1,937.9 -50.0 +160.0 Increase or Decrease Other *4 in Expenses and -250.0 Expense Reduction Marketing +110.
Slide 6: Geographic Operating Income (FY2020 9 months)
Geographic Operating Income (FY2020 9 months) Operating Income (billions of yen) [ ]: margin ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) ≪Japan≫ ≪N. America≫ ≪Europe≫ ≪Asia≫ ≪Other≫ 2,091 2,114 (+23) 1,656 (+61) 1,595 1,275 1
Slide 7: China Business / Financial Services (FY2020 9 months)
China Business / Financial Services (FY2020 9 months) ≪(Reference) China Business≫ ≪ Financial Services Operating Income ≫ Operating Income of Subsidiaries (billions of yen) Operating Income (billions of yen) ＊ Equity in Earnings of Affiliated Companies (billions of yen) ＊ Excluding Valuation Gains/
Slide 8: FY2020 Forecasts: Consolidated Vehicle Sales
FY2020 Forecasts: Consolidated Vehicle Sales (thousands of vehicles) 10,000 8,950 8,950 (±0) 8,977 8,000 2,226 Japan 2,240 2,240 (±0) N. America Europe 6,000 2,745 Asia 2,690 2,710 (+20) Other 4,000 Central and 1,030 1,030 (±0) 994 South America, Oceania, Africa, 2,000 1,630 1,610 (-20) 1,684 The Mi
Slide 9: FY2020 Forecasts: Consolidated Financial Summary
FY2020 Forecasts: Consolidated Financial Summary (billions of yen) New Forecasts Previous Forecasts Change FY2019 Results (’19/4-’20/3) (’19/4-’20/3) (’18/4-’19/3) Net Revenues 29,500.0 29,500.0 0± 30,225.6 Operating Income 2,500.0 2,400.0 +100.0 2,467.5 Margin 8.5% 8.1% 8.2% Income before Income Ta
Slide 10: Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. Previous Forecasts)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. Previous Forecasts) (billions of yen) +35.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +30.0 -10.0 +15.0 -10.0 2,500.0 +75.0 2,400.0 Effects of Cost Marketing Increase or Decrease Other
Slide 11: Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. FY2019 Results)
Analysis of FY2020 Forecasts: Consolidated Operating Income (vs. FY2019 Results) (billions of yen) +155.0 Excluding the overall impact of foreign exchange rates and swap valuation gains/losses, etc. +182.5 2,500.0 2,467.5 -305.0 +180.0 +10.0 -35.0 Effects of Cost Marketing Increase or Decrease Other
Slide 12: Woven City
Woven City ◆Revealed plans to build a prototype city of the future at CES in January 2020 12
Slide 13: (Reference) Consolidated Vehicle Sales (FY2020 3Q)
(Reference) Consolidated Vehicle Sales (FY2020 3Q) (thousands of vehicles) 2,500 2,282 2,196 (-86) 2,000 565 516 (-49) Japan N. America 1,500 680 Europe 668 (-12) Asia 1,000 Other 232 246 (+14) Central and South America, 500 464 406 (-58) Oceania, Africa, The Middle East, 341 360 (+19) etc. 0 FY2019
Slide 14: (Reference) Consolidated Financial Summary (FY2020 3Q)
(Reference) Consolidated Financial Summary (FY2020 3Q) (billions of yen) FY2020 3Q FY2019 3Q Change (’19/10-12) (’18/10-12) Net Revenues 7,544.5 7,801.5 -256.9 Operating Income 654.4 676.1 -21.6 Margin 8.7% 8.7% Other Income 277.8 -499.1 +777.0 Income before Income Taxes 932.2 176.9 +755.3 Equity in
Slide 15: (Reference) Analysis of Consolidated Operating Income (FY2020 3Q)
(Reference) Analysis of Consolidated Operating Income (FY2020 3Q) (billions of yen) +95.0 676.1 Excluding the overall impact of foreign exchange 654.4 rates and swap valuation gains/losses, etc. +43.4 -160.0 +70.0 -25.0 +50.0 Effects of Cost Effects of Increase or Decrease Other *4 FOREX Reduction M
Slide 16: (Reference) Geographic Operating Income (FY2020 3Q)
(Reference) Geographic Operating Income (FY2020 3Q) Operating Income (billions of yen) [ ]: margin ● Consolidated Vehicle Sales (thousands of vehicles) (Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.) ≪Japan≫ ≪N. America≫ ≪Europe≫ ≪Asia≫ ≪Other≫ 680 668 (-12) 565 516 (-49) 464 406 (
Slide 17: (Reference) China Business / Financial Services Operating Income (FY2020 3Q)
(Reference) China Business / Financial Services Operating Income (FY2020 3Q) ≪(Reference) China Business≫ ≪ Financial Services Operating Income ≫ Operating Income of Subsidiaries (billions of yen) Operating Income (billions of yen) ＊ Equity in Earnings of Affiliated Companies (billions of yen) ＊ Exc
Slide 18: (Reference) Transition of Financial Performance
(Reference) Transition of Financial Performance Forecast Consolidated Vehicle Sales Net Revenues Operating Income Net Income (thousands of vehicles) (trillions of yen) (billions of yen) (billions of yen) ● Operating Margin(%) ● Net Margin(%) 30.2 29.5 10.0 29.3 8,971 8,964 8,977 8,950 28.4 8.2 8.2 8
Slide 19: FY2020 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2020 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) New Forecasts Previous Forecasts Change (’19/4-’20/3) (’19/4-’20/3) T Japan 3,340 3,330 +10 o Vehicle y Production Overseas 5,690 5,670 +20 o *1 t Total 9,030 9,000 +30 a & Retail Japan 1,590 1,580 +10 L Vehicl
Slide 20: 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 P3, 6, 8 P13, 16, 18 Numb