Toyota Motor Corp. · TSE:7203
Toyota Motor — Q1 FY2015 Earnings Presentation
21 slides from Toyota Motor's earnings presentation, Aug 5, 2014
Slide 1: FY2015 First Quarter Financial Results
FY2015 First Quarter Financial Results LEXUS NX Toyota Motor Corporation August 5, 2014 1
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 First Quarter Financial Results
FY2015 First Quarter Financial Results FY2015 First Quarter Financial Performance FY2015 Financial Forecasts
Slide 5: Consolidated Vehicle Sales
Consolidated Vehicle Sales (thousands of vehicles) 3,000 2,232 2,241 (+9) Japan N. America 2,000 526 506 (-20) Europe Asia 689 710 (+21) Other 1,000 Central and 193 207 (+14) South America, Oceania, 394 385 (-9) Africa, The Middle 430 433 (+3) East, etc. 0 FY2014 1Q FY2015 1Q Change (’13/4-’13/6) (’
Slide 6: Consolidated Financial Summary
Consolidated Financial Summary (billions of yen) FY2014 1Q FY2015 1Q Change (’13/4-’13/6) (’14/4-’14/6) Net Revenues 6,255.3 6,390.6 +135.3 +2.2% Operating Income 663.3 692.7 +29.3 +4.4% Operating margin 10.6% 10.8% - - Income before income taxes and equity in earnings of affiliated 724.1 771.8 +47.
Slide 7: Analysis of Consolidated Operating Income
Analysis of Consolidated Operating Income (billions of yen) +30.0 -40.0 +6.3 692.7 Effects of +40.0 663.3 FOREX Effects of -50.0 Other *4 Rates *1 Marketing +43.0 Cost Activities *2 Reduction Increase in Valuation Efforts Expenses, Gains/Losses etc. *3 from Interest Rate Swaps, etc. ’13/4-’13/6 Oper
Slide 8: Geographic Operating Income: Japan
Geographic Operating Income：Japan Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 365.9 billion yen 526 (-90.1 billion yen year on year) 506 (-20) Declined due to decreased vehicle sales and weaker model mix. 456.0 365.9 FY2014 1Q FY2015 1Q Op
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. Operating Income ● Consolidated Vehicle Sales (thousands of vehicles) <Excluding Valuation Gains/Losses from Interest Rate Swaps, etc.> 710 (+21) 149.7 billion
Slide 10: Geographic Operating Income: Europe
Geographic Operating Income：Europe Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 10.8 billion yen 207 (+14) (+5.6 billion yen year on year) 193 Improved mainly due to cost reduction efforts and increased vehicle sales. 10.8 5.2 FY2014 1Q FY2
Slide 11: Geographic Operating Income: Asia
Geographic Operating Income：Asia Operating Income (billions of yen) ● Consolidated Vehicle Sales (thousands of vehicles) Operating Income 110.3 billion yen 394 (+6.2 billion yen year on year) 385 (-9) Increased mainly due to cost reduction efforts and favorable foreign exchange rates. 110.3 104.1 FY
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 433 (+3) 34.0 billion yen 430 (-8.4 billion yen year on year) Declined primarily due to reduced vehicle
Slide 13: Financial Services Operating Income
Financial Services Operating Income (billions of yen) Operating Income < Excluding Valuation Gains/Losses from Interest Rate Swaps, etc. > 82.0 billion yen (+3.8 billion yen year on year) Improved mainly due to increased lending balance and translational impact of the foreign currencies. 82.0 FY2014
Slide 14: Equity in Earnings of Affiliated Companies
Equity in Earnings of Affiliated Companies (billions of yen) 150 Japan China 105.3 (+15.3) Other 100 89.9 68.7 (+3.5) 65.2 Sales Results in China 50 (thousands of vehicles) ’13/1-3 ’14/1-3 27.9 (+11.4) Retail Sales 185 228 16.4 Volume 0 8.1 8.6 (+0.4) FY2014 1Q FY2015 1Q Change (’13/4-’13/6) (’14/4-
Slide 15: FY2015 First Quarter Financial Results
FY2015 First Quarter Financial Results FY2015 First Quarter Financial Performance FY2015 Financial Forecasts
Slide 16: FY2015 Forecasts: Consolidated Vehicle Sales
FY2015 Forecasts: Consolidated Vehicle Sales ( thousands of vehicles ) 10,000 9,100 9,100 (±0) 9,116 8,000 2,210 2,210 (±0) 2,365 Japan N. America Europe 6,000 2,620 2,710 (+90) 2,529 Asia Other 4,000 850 844 Central and 860 (+10) South America, Oceania, 1,630 1,580 (-50) 1,609 Africa, 2,000 The Mid
Slide 17: FY2015 Forecasts: Consolidated Financial Summary
FY2015 Forecasts: Consolidated Financial Summary (billions of yen) No Change from Previous Forecasts Previous Forecasts New Forecasts FY2014 Results (’14/4-’15/3) (’14/4-’15/3) Change (’13/4-’14/3) Net Revenues 25,700.0 25,700.0 ±0 25,691.9 Operating Income 2,300.0 2,300.0 ±0 2,292.1 Operating margi
Slide 18: FY2015 Consolidated Forecasts: CAPEX, Depreciation, R&D
FY2015 Consolidated Forecasts: CAPEX, Depreciation, R&D (billions of yen) No Change from Previous Forecasts R&D Expenses Capital Expenditures 1,000 10,000 ● Depreciation Expenses 812.3 810.0 900 9,000 775.9 732.9 800 8,000 727.3 1,000.7 1,020.0 960.0 700 7,000 910.5 852.7 807.4 779.8 730.3 706.7 600
Slide 19: FY2015 First Quarter Financial Results
FY2015 First Quarter Financial Results AYGO Toyota Motor Corporation August 5, 2014
Slide 20: (Reference) FY2015 Forecasts: Vehicle Production and Retail Sales
(Reference) FY2015 Forecasts: Vehicle Production and Retail Sales (thousands of vehicles) Revised Sales and Previous Forecasts New Forecasts Production Plan for CY2014 (’14/4-’15/3) (’14/4-’15/3) (’14/1-’14/12) T Japan 3,200 3,200 3,300 o Vehicle 1 Overseas 5,950 5,950 5,830 y Production * o t Total
Slide 21: 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 P5,16 Number of vehicles pr