Scribd
Upload
37 views

FY2012 Financial Forecasts

Toyota announced revised financial forecasts for fiscal year 2012 (April 2011 through March 2012), with lower expectations than the previous August forecast. Net income is expected to be 170 billion yen, down 330 billion yen from the August forecast of 500 billion yen. Operating income is forecasted to be 200 billion yen, down 250 billion yen from the previous forecast of 450 billion yen, due to negative factors such as the impact of floods in Thailand and weaker currency exchange rates. Consolidated vehicle sales are estimated at 7.38 million units, down 220 thousand units from the prior forecast.

Uploaded by

deepfluke
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
37 views

FY2012 Financial Forecasts

Toyota announced revised financial forecasts for fiscal year 2012 (April 2011 through March 2012), with lower expectations than the previous August forecast. Net income is expected to be 170 billion yen, down 330 billion yen from the August forecast of 500 billion yen. Operating income is forecasted to be 200 billion yen, down 250 billion yen from the previous forecast of 450 billion yen, due to negative factors such as the impact of floods in Thailand and weaker currency exchange rates. Consolidated vehicle sales are estimated at 7.38 million units, down 220 thousand units from the prior forecast.

Uploaded by

deepfluke
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 12

FY2012 Financial Forecasts

Toyota Motor Corporation December 9, 2011

Cautionary Statement with Respect to Forward-Looking Statements


This presentation contains forward-looking statements that reflect Toyotas plans and expectations. These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause Toyotas actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. These factors include: (i) the impact of the March 11, 2011 Great East Japan Earthquake and ensuing events, and 2011 floods in Thailand, including the negative effect on Toyotas vehicle production and sales; (ii) changes in economic conditions and market demand affecting, and the competitive environment in, the automotive markets in Japan, North America, Europe, Asia and other markets in which Toyota operates; (iii) fluctuations in currency exchange rates, particularly with respect to the value of the Japanese yen, the U.S. dollar, the Euro, the Australian dollar, the Canadian dollar and the British pound; (iv) changes in funding environment in financial markets; (v) Toyotas ability to realize production efficiencies and to implement capital expenditures at the levels and times planned by management; (vi) changes in the laws, regulations and government policies in the markets in which Toyota operates that affect Toyotas automotive operations, particularly laws, regulations and government policies relating to vehicle safety including remedial measures such as recalls, trade, environmental protection, vehicle emissions and vehicle fuel economy, as well as changes in laws, regulations and government policies that affect Toyotas other operations, including the outcome of current and future litigation and other legal proceedings government proceedings and investigations; (vii) political instability in the markets in which Toyota operates; (viii) Toyotas ability to timely develop and achieve market acceptance of new products that meet customer demand; (ix) any damage to Toyotas brand image; (x) fuel shortages or interruptions in transportation systems, labor strikes, work stoppages or other interruptions to, or difficulties in, the employment of labor in the major markets where Toyota purchases materials, components and supplies for the production of its products or where its products are produced, distributed or sold; (xi) Toyotas reliance on various suppliers for the provisions of supplies.

Caution concerning Insider Trading


A discussion of these and other factors which may affect Toyotas actual results, performance, achievements or financial position is contained in Toyotas annual report on Form 20-F, which is on file with the United States Securities and Exchange Commission. 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 Toyota's shares or certain other transactions related to such shares (as set forth in the Regulations) until such material information is deemed to be made public. Under the Regulations, material information is deemed to be made public when (i) such material information is disclosed by ways of electromagnetic means as prescribed by the ordinance of the Cabinet Office (posting on the TDnet (Timely Disclosure Network) information service ) or (ii) twelve (12) hours have elapsed since a listed company, such as Toyota, disclosed such material information to at least two (2) media sources as prescribed by the Regulations.

FY2012 Financial Forecasts

FY2012 Forecasts: Consolidated Vehicle Sales


(thousands of vehicles)
8,000

7,600
1,980

7,380
2,030

(-220) (+50)

7,308
1,913
Japan

6,000 1,930 4,000 830 2,000 1,460

N. America

1,900 820 1,330 1,300 '11/4-'12/3


New Forecasts

(-30) (-10) (-130) (-100)


Change

2,031

Europe Asia

796 1,255 1,313 '10/4-'11/3


FY2011 Results

Other
Central and South America, Oceania, Africa, The Middle East, etc.

1,400 0 '11/4-'12/3
August Forecasts

FY2012 Forecasts: Consolidated Financial Summary


(billions of yen)

New Forecasts ('11/4-'12/3)

August Forecasts ('11/4-'12/3)

Change

FY2011 Results ('10/4-'11/3)

Net Revenues
Operating Income
Income before income taxes and equity in earnings of affiliated companies

18,200.0 200.0 170.0 180.0


78 yen 109 yen
*2 *2

19,000.0 450.0 500.0 390.0


80 yen 116 yen

-800.0 -250.0 -330.0 -210.0


-2 yen -7 yen

18,993.6 468.2 563.2 408.1


86 yen 113 yen

Net Income
FOREX Rates

*1

*1 Net income attributable to Toyota Motor Corporation *2 FOREX rate assumptions:77yen against the U.S.dollar, 105yen against the Euro from December 2011 to March 2012

Analysis of FY2012 Forecasts: Consolidated Operating Income (vs. August Forecast)


(billions of yen)

Operating Income
FY2012 August Forecast ('11/4-'12/3) Effects of FOREX Rates Effects of Marketing Activities Negative Factors
Financial Services

450.0 -160.0 -65.0


+20.0

Effects of floods in Thailand


Effects of Marketing Activities -100.0bn

Cost Reduction Efforts Increase in Expenses, etc.


FX Effects at Overseas Subsidiaries (translational)

-10.0 -15.0
- 30.0

Cost Reduction Efforts -20.0bn

Total FY2012 New Forecast ('11/4-'12/3)

-250.0 200.0

Total -120.0bn

Forecast for Capital Expenditures : 720.0 billion yen (No change from August forecast) Forecast for Depreciation Expenses : 760.0 billion yen (No change from August forecast) Forecast for R&D Expenses : 760.0 billion yen (No change from August forecast)

Analysis of FY2012 Forecasts: Consolidated Operating Income (vs. August Forecast)


(billions of yen)

510.0 450.0

Profit Improvement Activities +60.0

Effects of FOREX Rates -190.0


Transactions -160.0 Translations -30.0

200.0
Impact of floods in Thailand -120.0

Consolidated Vehicle Sales in thousands Yen vs. $ /

11/4-12/3 August Forecast 7,600 80yen / 116yen

11/4-12/3 New Forecast 7,380 78yen / 109yen

Analysis of FY2012 Consolidated Forecasts: Operating Income (vs. FY2011 Result)


(billions of yen)

Operating Income
FY2011 Result ('10/4-'11/3) Cost Reduction Efforts Positive Factors Effects of Marketing Activities
Financial Services

468.2 +110.0 +15.0 -30.0 +125.0 -310.0 -83.2 -40.0 -393.2 -268.2 200.0

Effects of floods in Thailand


Cost Reduction Efforts -20.0bn Effects of Marketing Activities -100.0bn

Total Effects of FOREX Rates Negative Factors Increase in Expenses, etc.


FX Effects at Overseas Subsidiaries (translational)

Total Grand Total FY2012 Forecast ('11/4-'12/3)

Total -120.0bn

(Reference) Unconsolidated Financial Summary (Japan GAAP, FY2012 Forecasts) 10


(billions of yen)

New Forecasts ('11/4-'12/3)

August Forecasts ('11/4-'12/3)

Change

Net Revenues
Operating Income Ordinary Income

8,100.0

8,500.0

-400.0 -160.0 -210.0 -220.0

-530.0 -160.0 -80.0

-370.0 50.0 140.0

Net Income

(Reference) FY2012 Forecasts: Vehicle Production and Sales (Toyota and Lexus)
FY2012 Forecasts ('11/4-'12/3) FY2011 Results ('10/4-'11/3)

11

(thousands of vehicles)

Japan
Vehicle Production

3,090 4,390 7,480 1,380 * 5,940 7,320 1,650

3,004 4,338 7,342 1,407 * 6,153 7,560 1,698

Overseas Total Japan*

Vehicle Sales

Overseas Total Exports

*Shows retail vehicle sales

FY2012 Financial Forecasts

Toyota Motor Corporation December 9, 2011

You might also like