FY2013 Financial Results · ・FY2013 and FY2014 Outlook Overview ・PttfMidProgress status of...

FY2013 Financial ResultsFY2013 Financial Results

May 14, 2013May 14, 2013

1 Copyright(C) 2013 Isuzu Motors Limited All rights reserved

ISUZU MOTORS LIMITEDISUZU MOTORS LIMITED

ContentsContents

Ⅰ． President and Representative Director : Susumu HosoiPresident and Representative Director : Susumu Hosoi

ContentsContents

pp

・FY2013 and FY2014 Outlook Overview

P t t f Mid t B i Pl ( A il 2011 M h 2014)・Progress status of Mid-term Business Plan( April 2011-March 2014)

Ⅱ． Director of the Board, and Managing Executive Officer, Director of the Board, and Managing Executive Officer, Corporate Planning and FinancialCorporate Planning and Financial : Masanori Katayama: Masanori Katayama

1. Business Status2. FY2013 Financial Results3. FY2014 Full-year Outlook

Ⅲ．Ｑ＆Ａ

Statements contained in this presentation, except for historical or current facts, are based on certain assumptions and our management's judgment in light of currently available information. Therefore, these statements may be susceptible to various factors, such as uncertainty contained in the assumptions and management's judgment and economic changes in the future, which may cause to bring about different results in Isuzu's future earnings and operating results.


Moreover, this presentation is not intended to solicit investment in Isuzu. Isuzu assumes no responsibility for any losses and liabilities that may be incurred because of the information in this presentation.

President and Representative DirectorPresident and Representative Director

Susumu Hosoi


FY2013 Consolidated ResultsFY2013 Consolidated Results

＜Reference＞

FY2013 Consolidated ResultsFY2013 Consolidated Results-- YearYear--onon--year Comparison year Comparison --

＜Reference＞

( JPY Bil. ) FY13 FY12 Changes FY13 PreviousForecast

Net Sales 1,655.6 1,400.1 255.5 1,630.0

Operating Income 130.8 97.4 33.4 126.0

O di I 141 7 102 9 38 8 133 0Ordinary Income 141.7 102.9 38.8 133.0

Net Income 96 5 91 3 5 2 91 0Net Income 96.5 91.3 5.2 91.0

* FX: FY13 = 82JPY/US$FY12 79JPY/US$


FY12 = 79JPY/US$

FY2014 FullFY2014 Full--year Outlookyear OutlookFY2014 FullFY2014 Full year Outlookyear Outlook-- Consolidated, YearConsolidated, Year--onon--year Comparisonyear Comparison --

(JPY Bil.) ChangesFY14Forecast FY13

Net Sales 1,920.0 1,655.6 264.4Operating Income 180 0 130 8 49 2Operating Income 180.0 130.8 49.2Ordinary Income 190.0 141.7 48.3

Net Income 115.0 96.5 18.5

※FX: FY14＝ 95JPY/US$FY13＝ 82JPY/US$


Progress Status of Mid-term Business Plan

(A il 2011A il 2011 M h 2014M h 2014)(April 2011 April 2011 –– March 2014March 2014)


MidMid term Business Plan Outlineterm Business Plan OutlineMidMid--term Business Plan Outlineterm Business Plan Outline

Stabilizing Isuzu’s commercial vehicle business

Stabilize Japan Stabilize Japan domestic businessdomestic business

Enhance ASEAN Enhance ASEAN CV businessCV business

g

Strengthen/expand Strengthen/expand LCV businessLCV business

【 Japan 】CV foothold for

【Thailand 】

LCV f th ld

【 Indonesia 】CV foothold for

L t

Europe,Europe,CISCIS

North North AmericaAmerica

advance market LCV footholdemerging market

Low-cost parts/engineering function sharing

Low-cost parts/base market

expansion

CISCIS

Middle Middle EastEast

AmericaAmericaCentral Central

and South and South AmericaAmerica[India China

AfricaAfrica AustraliaAustralia

Secure stable positionSecure stable positionSecure stable positionSecure stable position

[China (Qingling)]

CV support

operations

[India, China (Jiangling)]

LCV support operations


Secure stable position Secure stable position in emerging/advanced in emerging/advanced

marketsmarketsEstablish support Establish support

operationsoperations

Secure stable position Secure stable position in emerging/advanced in emerging/advanced

marketsmarkets

operations operations

Strengthen and Expand LCV Business inStrengthen and Expand LCV Business in ThailandThailandStrengthen and Expand LCV Business in Strengthen and Expand LCV Business in -- ThailandThailand

Introduce a new LCV model October 2011: Started the sale of the fully redesigned pick-up truck in Thai October 2011: Started the sale of the fully redesigned pick-up truck in Thai

market. Introduce derivatives.

Establish an export company (IMIT) and strengthen global sales.y ( ) g g 2012: Started export of the new pick-up truck for Europe, Australia, Central Central

America and Middle East.America and Middle East. October 2012: Launched a new plant in Gateway and increased a production capacity

t 400 000 it f th i k t kto 400,000 units of the pick-up truck. Establish further self-sustained engineering functions in Thailand. LCV Business Division was established (to further strengthen the project promotion).LCV Business Division was established (to further strengthen the project promotion). StrengthenStrengthen KDKD business (by incorporating packing operations into the Isuzu group)business (by incorporating packing operations into the Isuzu group) Strengthen Strengthen KDKD business (by incorporating packing operations into the Isuzu group)business (by incorporating packing operations into the Isuzu group) Discussions with GM for joint development of a next generation pickDiscussions with GM for joint development of a next generation pick--up truck began up truck began

and MOU was signed.and MOU was signed.

8 Copyright(C) 2013 Isuzu Motors Limited All rights reservedNew D-MAX for Middle East New Gateway Plant

Enhance ASEAN CV BusinessEnhance ASEAN CV Business Develop and introduce optimal products for emerging markets.

Started sales of F series trucks in Indonesia and of QCD vehicles for

Enhance ASEAN CV BusinessEnhance ASEAN CV Business

Started sales of F series trucks in Indonesia and of QCD vehicles for Vietnamese market.

Strengthen manufacturing functions with Indonesia as the core foothold. Localized engineering functions and reinforced local workforce (April 2012) Localized engineering functions and reinforced local workforce (April 2012) Expanded localization (cooperation with supporting companies) Started the building of a new plant (Karawang Regency, West Java) Acquired majority share of the local manufacturing company.

Strengthen the sales network (parts supply system and service network improvement) Established a new technician school in Indonesia (in the local joint venture).


F series truck for Indonesia

Stabilize Japan Domestic BusinessStabilize Japan Domestic Business

August 2012: Introduced the HD route bus ERGA HYBRID

Stabilize Japan Domestic BusinessStabilize Japan Domestic Business

August 2012: Introduced the HD route bus ERGA HYBRID Strengthen cost competitiveness by streamlining sales/manufacturing.

Strengthen and expand industrial engine sales Strengthen and expand industrial engine sales ((Isuzu Motors Engine Sales Inc. Isuzu Motors Engine Sales Inc. was established in April 2013)was established in April 2013)was established in April 2013).was established in April 2013).

Strengthen KD functions (Isuzu acquired 100% of the stock (from 50%) of a Strengthen KD functions (Isuzu acquired 100% of the stock (from 50%) of a packing company to which Isuzu had commissioned its business in April 2013). packing company to which Isuzu had commissioned its business in April 2013).

Integrated dealers to cover extensive areas (from 15 to 6 consolidated Integrated dealers to cover extensive areas (from 15 to 6 consolidated companies, Isuzu Motors Tohoku Limited in April 2012).

Converged administrative work between the distributor and dealers (vehicle operation center function in October 2012).p )

Increase core module manufacturing and establish flexible production lines (HD and LD production lines are complementary to each other).

Strengthen collaboration among affiliated manufacturing companies*Strengthen collaboration among affiliated manufacturing companies*g g g pg g g p

Strengthen Life Cycle Business Construct leasing service functions (Isuzu Leasing Service was established in Construct leasing service functions (Isuzu Leasing Service was established in

* I Metal Technology, TDF Company, and Jidosha Buhin Kogyo


April 2013).April 2013).

Establish Support OperationsEstablish Support Operations ChinaChina

CV BusinessCV Business

Establish Support Operations Establish Support Operations –– China China --

Introduce heavy-duty truck/engine (CV full line-up) and strengthen global HD competitiveness.


August 2012: Established Isuzu Qingling (Chongqing) Engineering Co., Ltd.: joint development of a next generation of HD.

August 2012: Isuzu Qingling (Chongqing) Autoparts Co., Ltd.: localization of engines and comports and foothold for export.

Incorporate and increase earnings by means of consolidation of component manufacturing operations and sales expansion thereof including industrial engines.

LCV BusinessLCV Business Introduce pick-up trucks and their derivatives to contribute

to the LCV business. April 2013: Established joint ventures for vehicle and engine April 2013: Established joint ventures for vehicle and engine

production and sales (with Jiangling Motors Co., Ltd.)production and sales (with Jiangling Motors Co., Ltd.)


Jiangxi Isuzu Motors Co., Ltd. (Vehicle)Jiangxi Isuzu Motors Co., Ltd. (Vehicle) Jiangxi Isuzu Engine Co., Ltd. (Engine)Jiangxi Isuzu Engine Co., Ltd. (Engine)

Ceremony for Starting Joint Ventures (April 2013)

Establish Support OperationsEstablish Support Operations IndiaIndia


Establish Support Operations Establish Support Operations -- India India --

July 2011: Introduced best suited product to India equipped with Isuzu components based on the existing SML truck.

Strengthen SML Isuzu functions.Strengthen SML Isuzu functions.gg April 2012: Increased investment ratio from 4 to 15% and dispatched engineers

and sales personnel. Establish a task force for supporting sales. Reconstruction of dealership Establish a task force for supporting sales. Reconstruction of dealership

network is underway.network is underway.

LCV BusinessLCV Business

Introduce a low-cost LCV model and products for emerging markets (new market entry).

Establish a manufacturing location and sales network by Isuzu initiative. A t 2012 E t bli h d I M t I di (Ch i)A t 2012 E t bli h d I M t I di (Ch i) August 2012: Established Isuzu Motors India (Chennai)August 2012: Established Isuzu Motors India (Chennai) February 2013: Began importing finished vehicles from Thailand for local sales.February 2013: Began importing finished vehicles from Thailand for local sales. March 2013: Signed a MOU relative to production in India and secured a site for March 2013: Signed a MOU relative to production in India and secured a site for

a new plant (Andhra Pradesh).a new plant (Andhra Pradesh).


a e p a t ( d a ades )a e p a t ( d a ades ) Contribute to CV/LCV business for emerging markets through low-cost parts and

products.

Secure Stable Position in Emerging and Advanced MarketsSecure Stable Position in Emerging and Advanced MarketsSecure Stable Position in Emerging and Advanced MarketsSecure Stable Position in Emerging and Advanced Markets

Middle East, South America, and AfricaMiddle East, South America, and Africa June 2011: Established Isuzu Saudi Arabia. ’December 2012: Started ’December 2012: Started

production at a KD assembly plant.production at a KD assembly plant. 2012: Expanded the territory (East Africa) of Isuzu

dd e ast, Sout e ca, a d cadd e ast, Sout e ca, a d ca

2012: Expanded the territory (East Africa) of Isuzu Middle East (After Sales Center).

More involvement in South America and Africa CV sales in South America (Establishment of CV sales in South America (Establishment of

GMICA Chile is under study) CV production and sales in South Africa

Europe, CIS and AustraliaEurope, CIS and Australia

More efficient vehicle business in Europe. Vehicle business to be continued through stronger parts business

Ceremony for Opening a New Plant in Saudi Arabia (December 2012)

through stronger parts business. March 2013: Isuzu Truck UK became fully owned by Isuzu (from 15% March 2013: Isuzu Truck UK became fully owned by Isuzu (from 15%

ownership)ownership) Re-strengthened business in Russia. Increased investment ratio in Sollers


from 29% to 45%. Strengthened parts business of Australian DB subsidiary (serves as a hub for

Oceania)

For the Last Year of the MidFor the Last Year of the Mid term Business Plantterm Business PlantFor the Last Year of the MidFor the Last Year of the Mid--term Business Plantterm Business Plant

Promote a steady progress to attain targets and improve profitability for the y p g g p p yfinal year of the Mid-term Business Plan

Current MTBPResponse to Economic CrisisContinue a reconstruction of business

operationsFocus on profitability/thorough risk

management

Expansion of business area/stability in business structure

- Trilateral business development on a global scaleg

Firmly established low-cost operation.Steady profit improvement

Steady progress has been made and profitability and financial structure have improved.

Operat

(JP 130.8

180.0

Initial

Actual +forecast

ting Profit

PY Bil.)

21 7 11 0

88.297.4

30 8 Initial projection in MTBP


FY09 FY10 FY11 FY12 FY13 FY14

21.7 11.0

Director of the Board, and Managing Executive Officer, Corporate Planning and Financial Division Executivep g

Masanori KatayamaMasanori Katayama


Ⅱ-1. Business Status


CV/LCV Global ShipmentCV/LCV Global ShipmentCV/LCV Global ShipmentCV/LCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--unitsunits

･Reinforcing overseas operating Capabilities

800

643 640690

(628)

744(681)

･Entering New Markets

Global Financial i i

The Great East Japan

Earthquake

Flooding

600

619 643

543(453)

(520) (547)640

(567)554

(500)

598(552) 568

(509)

(628)( ): Overseas unit

crisis

Inventory Adjustment

in Thailand

306 346 299414

439

372 364377400

LCV

( ) (500)

427(386)

302 306

259

299400

CVOverseas

151 148 170194

127206 211 214 242203

200

CVDomestic


90 99 96 54 42 47 59 62 63730

FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14

Domestic

ForecastForecast

CV Global ShipmentCV Global ShipmentCV Global ShipmentCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--unitsunits--

5656

6216162727

1010

4848

636312123636

1010595

EuropeChina

6216161010

1414

20205563631212

19193234

29295

101055

1212’12/3 ’13/3 ’14/3’14/3

ForecastForecast

’12/3 ’13/3 ’14/3’14/3ForecastForecast

Japan

25 9China

484747

141430

717155555

61212

6

525267 ’12/3 ’13/3 ’14/3’14/3

ForecastForecast’12/3 ’13/3 ’14/3’14/3

ForecastForecastNorth p

2820 2928

18

29

2727

48

252626

27 38 America

1228

4 5

Asia

2727

10 159

2626

1111141355


S 12 13 14


’12/3 ’13/3 ’14/3’14/3

Mid-East/ Africa


4

Oceania

5： H1

ForecastForecast

： H2

Shipment FY12 FY13 FY14H1 118,488 135,447 -H2 150,869 140,884 -

Full-year 269,357 276,331 305,000


ForecastForecast

Mid-South America

Japan Industry Sales and Isuzu ShareJapan Industry Sales and Isuzu Share

（Unit）（Share）

p yp y-- H/D, M/D Truck:4ton or aboveH/D, M/D Truck:4ton or above --

※※ FY09FY09--FY13 :FY ActualFY13 :FY Actual※※ FY09FY09--FY13 :FY ActualFY13 :FY Actual

29 7%32.9% 32.8%

31.1%33.9%

100 000

120,000

30%

35%29.7%

80,000

100,000

25%

30%

68 535 68 00068 000

26 109 36 60860,000

,

20%

%

H251,41251,412

68,53562,964

41 622

59,31059,31068,00068,000

26,109

23,76425,275 35,548

36,608

40,000 15%H1

41,622

36,855

17,85826,137 23,762

31,927

0

20,000

5%

10%H1


0FY09 FY10 FY11 FY12 FY13 FY14

5%ForecastForecast

Japan Industry Sales and Isuzu Share Japan Industry Sales and Isuzu Share

（Unit）（Share）

p yp y-- L/D(2L/D(2--3ton) Truck3ton) Truck --

※※ FY09FY09--FY13 : FY ActualFY13 : FY Actual※※ FY09FY09--FY13 : FY ActualFY13 : FY Actual

39.1% 40.0% 40.2% 40.2% 39.5%100 000

120,000

40%

45%（Share）

80,000

100,000

35%

40%

70,05975,637 77,00077,000

31,177 38,732

38 486

60,000 30%H2

70,059

54,46948,859

65,309

26,70027,980

38,486

20 000

40,000

20%

25%

H138,882

22,159 26,489 26,82336,905

0

20,000

15%

20%


FY09 FY10 FY11 FY12 FY13 FY14 ForecastForecast

LCV Global ShipmentLCV Global ShipmentLCV Global ShipmentLCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--units units --

1818 222225

12128 11118

26261616276276

1212

268268

10101313

88

Europe China177177

12128 1111

147

1313’12/3 ’13/3 ’14/3’14/3

ForecastForecast

’12/3 ’13/3 ’14/3’14/3

ForecastForecast

121

6484

32

7373

49121

121232 24

12

9226

32

15

3131

1717

24

1329

13

Oceania

6

Asia

1212

’12/3 ’13/3 ’14/3’14/3

ForecastForecast163 6

Mid-East/ Africa

Mid-South

’12/3 ’13/3 ’14/3’14/3

ForecastForecast’12/3 ’13/3 ’14/3’14/3

ForecastForecast

’12/3 ’13/3 ’14/3’14/3

ForecastForecast


Shipment FY12 FY13 FY14H1 163,109 197,662 -H2 135,508 215,973 -

Full-year 298,617 413,635 438,700Forecast

America： H1

： H2

PickPick--up truck monthly sales up truck monthly sales p yp yin Thailandin Thailand

（K-units）

19 018 619.7

18 019.519.820

16.8

19.0

15.4

17.618.6

16.0

18.017.9

15.714.815.616

18

14.5

13.4

10 6

14.313.1

10 9

11.9

10 9

12.111.7 11.812.1

12

14

9.9

7.5

10.210.610.910.610.710.9

9.9

10.910.8

8

10

12

4.7

4

6

8

2.0

0

2

4


0APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR

FY11 FY12 FY13

Thailand Isuzu LCV ProductionThailand Isuzu LCV Productiona a d su u C oduct oa a d su u C oduct o-- Thai Domestic / Export Markets Thai Domestic / Export Markets --

(Units)

400,000

378,800

353,545

(Units)

55,56068,300

300,000

350,000KD-SET

229,600 237,481

79,24564 485

64,53057,645

200,000

250,000

177,922192,019

211,242

150,355 127 534

64,485

133,597

44,325

172,951153,597

297,985 310,500

100,000

150,000

Vehicle

150,355 127,534 ,

0

50,000

FY08 FY09 FY10 FY11 FY12 FY13 FY14 Forecast


FY08 FY09 FY10 FY11 FY12 FY13 FY14 Forecast

Industrial EngineIndustrial Engine Global ShipmentGlobal ShipmentIndustrial EngineIndustrial Engine Global ShipmentGlobal Shipment-- KK--UnitsUnits--

160

67100

120

140138

91

126

99

28

71

41

60

80

10084

48

H2

56

15

5470

5033

0

20

40

H1

C(IDI) C(DI) 4L 4J 4H 6H 6U 6W

0

FY09 FY10 FY11 FY12 FY13 FY14Forecast

Industrial Engine


～1.1 1.6 2.2 2.4 3.0 5.2 7.8 9.8 15.7 ℓ

Ⅱ-2. FY2013 Financial Results


FY2013 Consolidated ResultsFY2013 Consolidated Results

＜Reference＞

FY2013 Consolidated ResultsFY2013 Consolidated Results-- YearYear--onon--year Comparison year Comparison --

＜Reference＞

( JPY Bil. ) FY13 FY12 ChangesFY13 Previous

Forecast

Net Sales 1,655.6 1,400.1 255.5 1,630.0

Operating Income 130.8 97.4 33.4 126.0

O di I 141 7 102 9 38 8 133 0Ordinary Income 141.7 102.9 38.8 133.0

Net Income 96 5 91 3 5 2 91 0Net Income 96.5 91.3 5.2 91.0

* FX: FY13 = 82JPY/US$FY12 79JPY/US$


FY12 = 79JPY/US$

FY2012 vs. FY2013 FluctuationsFY2012 vs. FY2013 FluctuationsFY2012 vs. FY2013 FluctuationsFY2012 vs. FY2013 Fluctuations-- Consolidated operating income: analysis of change, JPY Bil.Consolidated operating income: analysis of change, JPY Bil.

33 433.4

8.930 7 130 8

-13.14.0-1.5

4.4

97 4

30.7 130.8

Mat

Red

Effe（Loss

SteelFluct

FX FixeFluc

97.4

Sale

terial Cos

duction

ect of pres on disaster/ F

l, Oil Pric

tuations

ed Cost

ctuation

es/Model M

st

evious FYFixed cost), oth

ceetc.

Mix

Yhers


Operating Incomefor FY12


FY2013 Consolidated ResultsFY2013 Consolidated ResultsFY2013 Consolidated ResultsFY2013 Consolidated Results-- Ordinary income, Net income, YearOrdinary income, Net income, Year--onon--year year --

( JPY Bil ) FY13 FY12 Changes( JPY Bil. ) FY13 FY12 ChangesNet Sales 1,655.6 1,400.1 255.5

Operating Income 130.8 97.4 33.4Ordinary Income 141.7 102.9 38.8

Net Income 96.5 91.3 5.2

Operating Income Change 33.4* Equity in Earnings of Affiliates 4.7* Financial account balance/ FX gain and loss 0 7

OrdinaIncom

Financial account balance/ FX gain and loss 0.7

Total 38.8

arym

e

Ordinary Income 141.7* Loss on disposal of noncurrent assets,etc -3.5* Tax and minority interests -41 7

Extra ProLoss etc


Tax and minority interests -41.7

Net Income 96.5

fit /c.

Ⅱ-3． FY2014 Full-year Outlook


FY2014 FullFY2014 Full--year Outlookyear OutlookFY2014 FullFY2014 Full year Outlookyear Outlook-- Consolidated, YearConsolidated, Year--onon--year Comparisonyear Comparison --

(JPY Bil.) ChangesFY14

Forecast FY13

Net Sales 1,920.0 1,655.6 264.4Operating Income 180 0 130 8 49 2Operating Income 180.0 130.8 49.2Ordinary Income 190.0 141.7 48.3

Net Income 115.0 96.5 18.5

※FX: FY14＝ 95JPY/US$FY13＝ 82JPY/US$


FY2013 vs. FY2014FY2013 vs. FY2014 FluctuationsFluctuationsFY2013 vs. FY2014FY2013 vs. FY2014 FluctuationsFluctuations-- Consolidated operating income: analysis of change, JPY:Bil.Consolidated operating income: analysis of change, JPY:Bil. --

49 249.2

180 0-8.0

-6.025.0

13.2

25.0

180.0（Forecast）

FX

Steel,Fluctu

Fixed Fluctu

130.8

Sale

Material

Reductio

X Oil Price

uations

Cost

uation

es/Model

Cost

on eetc.

Mix




FY2014 FullFY2014 Full--year Outlookyear OutlookFY2014 FullFY2014 Full year Outlookyear Outlook-- Ordinary income, Net income, YearOrdinary income, Net income, Year--onon--yearyear --

( JPY Bil. ) FY14 FY13 ChangesNet Sales 1,920.0 1,655.6 264.4

Operating Income 180.0 130.8 49.2Ordinary Income 190.0 141.7 48.3

Net Income 115.0 96.5 18.5

Operating Profit Change 49.2* Equity in Earnings of Affiliates 0.0* Financial account balance/ FX gain and loss Other -0 9

OrdinaIncom

Financial account balance/ FX gain and loss, Other 0.9

Total 48.3

arym

e

Ordinary Income 190.0* Loss on disposal of noncurrent assets,etc. -1.0* Tax and minority interests -74.0

Extra ProLoss etc


Tax and minority interests 74.0

Net Income 115.0

fit/c.

[Appendix][Appendix]

Main Financial IndexMain Financial Index


CAPEX and Depreciation (Consolidated)CAPEX and Depreciation (Consolidated)CAPEX and Depreciation (Consolidated)CAPEX and Depreciation (Consolidated)-- Recent Trend and ForecastRecent Trend and Forecast --

(JPY Bil.)

100.0100 0

120.0

80.0

100.0

66.7

57.5

40 0

60.0

39.6

25.7

39.5

29.4

36.433.3

36.0 35.6

40.0

20 0

40.0

CA

P

Depre

0.0

20.0


PEX

ciation


FY09 FY10 FY11 FY12 FY13 FY14（Forecast）

*1 FY09 or later included lease

Consolidated Revenue by SegmentConsolidated Revenue by Segment

1 800 0 1 655 6

Consolidated Revenue by SegmentConsolidated Revenue by Segment(JPY Bil.)

388 21 400 0

1,600.0

1,800.0

Others1,415.51,655.6

1,424.7 1,400.1

437.5 361.5 345.6

388.2

1,200.0

1,400.0

Asia1,080.9 Overseas(64%)

(25%)(25%)

(24%)(24%)

(31%)(31%) (26%)(26%)

242.7

72 4

602.8424.0492.6

352 5369.3800.0

1,000.0

North

(64%)

(30%)(30%)

(36%)(36%)

(26%)(26%)

(31%)(31%)

(35%)(35%)

(22%)(22%)

533 8 558 4

84.152.7 62.8 72.1 72.4352.5

400.0

600.0

Domestic

NorthAmerica

Domestic

(4%)(4%)

(26%)(26%) (35%)(35%)

(33%)(33%)

(5%)(5%)(4%)(4%)

(5%)(5%)(6%)(6%)

533.8 433.0 498.6 558.4 592.2

0.0

200.0(36%)

(37%)(37%) (40%)(40%) (35%)(35%)(40%)(40%)

(36%)(36%)


0.0

FY09 FY10 FY11 FY12 FY13

Consolidated Revenue by SegmentConsolidated Revenue by SegmentConsolidated Revenue by SegmentConsolidated Revenue by Segment-- LCV, CV, PT&Compo, Others (KD, parts) LCV, CV, PT&Compo, Others (KD, parts) --

(JPY Bil.)

333 61600.0

1800.0

1 415 51 424 7 1 400 1

1,655.6

120.0364.1345.4360.9

333.6

1200.0

1400.0 Others

PT&Compo

1,415.51,424.7 1,400.1

1 080 9448.5

224 6223 8

156.9183.8183.5

364.1

292.1800 0

1000.0

1200.0

LCV/SUV

1,080.9

753.5

224.6269.1

201.4

223.8 141.2

400 0

600.0

800.0 /

656.5 654.5617.2446.2

0 0

200.0

400.0

CV


0.0


Operating Margin: Historical TrendOperating Margin: Historical Trend

（％）

Operating Margin: Historical TrendOperating Margin: Historical Trend

(JPY Bil.)

130.8140.0

160.0

10

12

97.488.2

109.6

7 9100.0

120.08

10

6.25.7 7.0

7.9

60 0

80.0 6Operating Margin

Operat

(Conso

11.021.720 0

40.0

60.0

2

4

ing Incomolidated)

1.5 1.00.0

20.0


me



Consolidated Equity Ratio: Historical TrendConsolidated Equity Ratio: Historical Trend

700 0 40

（％）

Consolidated Equity Ratio: Historical TrendConsolidated Equity Ratio: Historical Trend-- ConsolidatedConsolidated--

(JPY Bil.)

39.5

34 2600.0

700.0

35

40Consolidated Equity Ratio

415 5

529.0

26 827.3

29.5

34.2

500.0

25

30

280 6297.6

328.1

415.526.8

300 0

400.0

20

25Conso

Equity

280.6

200.0

300.0

10

15

lidated y C

apital

100.0 5

10


0.0


0

Inventory BalanceInventory Balance

2500 1 4

（Month）

Inventory BalanceInventory Balance-- Consolidated Consolidated --

(JPY Bil.)

1.31.3

1 22000

250.0

1.2

1.4

Month turnover

154.5

175.91.2

1.0

1500

200.0

1.0

101.0106.4119.8

0.9

1000

150.0

0.6

0.8

500

100.0

0.4

00

50.0

0.0

0.2


0.0


0.0

FY2013 Financial Results · ・FY2013 and FY2014 Outlook Overview ・PttfMidProgress status of...

Documents

Transcript of FY2013 Financial Results · ・FY2013 and FY2014 Outlook Overview ・PttfMidProgress status of...