Toyota Motor Corp. · TSE:7203
Toyota Motor — FY2001 Earnings Presentation
22 slides from Toyota Motor's earnings presentation, May 16, 2001
Slide 1: Toyota Motor Corporation Earnings Release April 2000 - March 2001
Toyota Motor Corporation Earnings Release April 2000 - March 2001 Figures calculated in accordance with Japan GAAP
Slide 2: Cautionary Statement with Respect to Forward-Looking Statements
Cautionary Statement with Respect to Forward-Looking Statements This release contains forward-looking statements that reflect our plans and expectations. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance,
Slide 3: Caution concerning insider trading
Caution concerning insider trading: Under Japanese securities laws and regulations (the "Regulations"), although there are 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 tra
Slide 4: I. Consolidated Financial Summary
I. Consolidated Financial Summary
Slide 5: Changes in Accounting Procedures
Changes in Accounting Procedures Accounting Standards for Retirement Benefits (Accounting for Pensions) Accounting Standards for Financial Securities
Slide 6: Consolidated Results Summary
Consolidated Results Summary FY 2001 FY 2000 Changes (00/4-01/3) (99/4-00/3) Net billions of yen billions of yen billions of yen Sales 13,424.4 12,879.5 +544.9 Operating billions of yen billions of yen billions of yen Income 870.1 775.9 +94.2 Ordinary billions of yen billions of yen billions of yen
Slide 7: Worldwide Production
Worldwide Production (thousands of units) (5,552) (5,887) Toyota (Overseas) 6000 Daihatsu (Japan) 5,275 Toyota (Japan) 5,002 5000 4,458 4,233 1,177 1,139 4000 1,004 811 675 651 367 3000 Japan Total 3,863 4,098 3,454 2000 3,422 3,212 3,423 3,087 1000 0 FY 1998 FY 1999 FY 2000 FY 2001 Note: Amounts in
Slide 8: Vehicle Sales
Vehicle Sales (thousands of units) (5,487) (5,838) Daihatsu Overseas 6000 5,526 Toyota Overseas 5,182 Daihatsu Japan 80 Toyota Japan 4,695 98 5000 4,456 59 Overseas Total 3,005 4000 3,124 3,204 2,766 2,907 2,549 2,707 3000 2000 485 525 257 Japan Total 1,929 2,177 2,322 1000 1,907 1,672 1,692 1,797 0
Slide 9: Contributions to Operating Income
Contributions to Operating Income Increase of 94.2 billion yen Positive Factors Negative Factors 400.0 billion yen 305.8 billion yen • Operating-side gain • Unfavorable exchange 210.0 rates -170.0 • Cost savings 190.0 • Labor, R&D and others -135.8
Slide 10: Business Segment
Business Segment Net Sales Operating Income (billions of yen) (billions of yen) (+660.3) (+131.1) Automotive 11,940.0 812.6 Financial (+35.8) (-5.1) Services 564.5 31.1 (-124.6) (-33.9) All Other 1,165.5 -2.0 Note: Amounts in parentheses represent changes from previous fiscal year
Slide 11: Geographical Segment
Geographical Segment Vehicle Net Operating Sales Sales Income (thousands of units) (billions of yen) (billions of yen) (+145) (+447.5) (+81.9) Japan 2,322 10,056.0 670.3 (+45) (+297.0) (+41.8) North America 1,734 4,964.8 205.8 (+57) (-57.8) (-14.2) Europe 691 1,047.0 -23.0 (+97) (+112.3) (+4.8) All
Slide 12: II. Unconsolidated Financial Summary
II. Unconsolidated Financial Summary
Slide 13: Unconsolidated Results Summary
Unconsolidated Results Summary FY 2001 FY 2000 Changes (00/4-01/3) (99/4-00/3) billions of yen billions of yen billions of yen Net Sales 7,903.5 7,408.0 +495.5 billions of yen billions of yen billions of yen Operating Income 506.8 491.9 +14.9 billions of yen billions of yen billions of yen Ordinary
Slide 14: Shareholders' Return
Shareholders’ Return Annual Aggregate Value of Dividend Payout Shares Canceled • 25 yen per share • 263.5 billion yen Total Dividend Payout = 92.7 billion yen • Payout Ratio 27.8% Previous year= 27.4%
Slide 15: Shareholders' Return
Shareholders’ Return 4,000 120% Share retirements Dividend increase 100% 3,000 Shareholder rate of return 80% 2,000 60% 40% 1,000 20% 0 0% 91/6 93/6 95/3 97/3 99/3 '01/3 * (Total dividend + share retirements) / net profit (parent, domestic standards) Note: FY3/95 is an irregular 9 month term due to
Slide 16: III. Prospects for FY 2001
III. Prospects for FY 2001
Slide 17: Unconsolidated Automotive Operation Targets
Unconsolidated Automotive Operation Targets FY 2002 FY 2001 (01/4-02/3) (00/4-01/3) thousands of units thousands of units Automotive Japan 3,390 3,422 Production Overseas 1,890 1,751 Sales (Japan) 1,890 1,816 Exports 1,580 1,704 Sales (Overseas) 3,490 3,398 Industrial Equipment - 44 units units Hous
Slide 18: FY 2001 Prospects (Unconsolidated)
FY 2001 Prospects (Unconsolidated) FY 2002 FY 2001 Changes (01/4-02/3) (00/4-01/3) billions of yen billions of yen billions of yen Net Sales 8,000.0 7,903.5 +96.5 billions of yen billions of yen billions of yen Operating Income 610.0 506.8 +103.2 billions of yen billions of yen billions of yen Ordin
Slide 19: FY 2001 Consolidated Prospects
FY 2001 Consolidated Prospects Vehicle Capital Depreciation R&D Sales Expenditures Expenses Expenses (thousands of units) (billions of yen) (billions of yen) (billions of yen) (+64) (-70.8) (+17.5) (+30.1) Consolidated 5,590 790.0 690.0 510.0 (+78) (-81.1) (-13.3) (Japan) 2,400 490.0 460.0 (-24) (-2
Slide 20: IV. Stable Growth
IV. Stable Growth
Slide 21: Toyota's Globalization
Toyota’s Globalization Overseas Vehicle Production TMMF 2 ,0 0 0 TMMI 40% O ve rs e a s ve h ic le p ro d u c tio n TMMWV 1 ,5 0 0 ％ 30% TMUK 1 ,0 0 0 20% TMMK TMMC 500 ＵＭＭＩ NＵＭＭＩ 10% 0 0% 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 1999 2000 Sales Units by Region (FY01) 42% 31% 13% 14% Japan
Slide 22: Long-term Stable Profits
Long-term Stable Profits (Trillion yen) Yen/$ 4.0 3.0 Forex Rate 160 140 2.0 120 1.0 100 0.0 80 Cumulative Net Income -1.0 -2.0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Toyota GM FORD * Consolidated Toyota figures based on Japan G.A.A.P.