1/21 Financial Results for First Quarter of FY2011 (From April 1, 2010 to June 30, 2010)

Transcription

1 1/21 Financial Results for First Quarter of FY2011 (From April 1, 2010 to June 30, 2010) July 27, 2010 Hino Motors, Ltd.

2 1. Sales Turnover 2/21

3 Global Unit Sales 3/21 FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) (Units) Japan 6,120 4,152 +1, % Asia 12,594 8,669 +3, % By Geographic Region Central and South America 2,732 2, % Oceania 1,236 1, % Europe/Africa % North America % Middle East % Overseas Total 19,213 14,649 +4, % Total 25,333 18,801 +6, %

4 Truck and Bus Market in Japan 4/21 Hino Registered Japan Market Heavy-duty trucks Medium-duty trucks Light-duty trucks Buses Buses (share) (share) Total heavy- and medium-duty trucks (share) Total Heavy-duty trucks Medium-duty trucks (share) (share) Total heavy- and medium-duty trucks Light-duty trucks Total FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) (Units) 2,622 1,168 +1, times ( 30.3%) ( 30.0%) (+0.3p) 1,381 1, % ( 34.7%) ( 36.5%) -1.8p 4,003 2,263 +1, % ( 31.7%) ( 32.8%) -1.1p 1,705 1, % ( 15.7%) ( 16.6%) -0.9p % ( 26.4%) ( 24.6%) (+1.8p) 6,120 4,152 +1, % 8,655 3,895 +4, times 3,977 2, % 12,632 6,892 +5, % 10,875 9,297 +1, % 1,561 1, % 25,068 17,599 +7, %

5 2. Consolidated Financial Results 5/21

6 Consolidated Unit Sales 6/21 Overseas Japan FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) (Units) Heavy-duty trucks 2,408 1,151 +1, times Medium-duty trucks 1,343 1, % Total heavy- and medium-duty trucks 3,751 2,231 +1, % Light-duty trucks 1,682 1, % Buses % Total 5,850 4,167 +1, % Asia 12,883 8,117 +4, % Central and South America 2,846 1,016 +1, times Oceania 1,121 1, % Europe/Africa times North America % Middle East times Total Total 18,762 11,859 +6, % 24,612 16,026 +8, % Supplies and parts for overseas production

7 Toyota Brand Vehicles and Engines 7/21 Toyota Brand FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) (Units) SUV 30,723 8, , times Loading Vehicles 9,114 7,892 +1, % Total 39,837 16, , times (Units) Engines FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Japan 3,679 1,660 +2, times Overseas 5,644 3,063 +2, % Total 9,323 4,723 +4, % * Engines are Hino shipment base.

8 Consolidated Income (Loss) Statement 8/21 Item FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Net sales % <2.9%> <-11.4%> (+14.3p) 8.7 (18.8) Non-operating income (loss) (1.7) Operating income (loss) Investment gain (loss) on equity method 0.1 (3.0) <2.4%> <-12.8%> (+15.2p) 7.1 (21.2) Extraordinary income times Extraordinary loss times Ordinary income (loss) Net income (loss) before income taxes and minority interests Net income (loss) Note: Figures in parentheses (<>) indicate income (loss) margin. <2.1%> <-12.9%> (+15.0p) 6.3 (21.4) <1.1%> <-13.2%> (+14.3p) 3.1 (21.8)

9 Consolidated Net Sales 9/21 Japan Overseas Toyota Products FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Heavy-duty trucks times Medium-duty trucks % Total heavy- and medium-duty trucks % Light-duty trucks % Buses % Total % Vehicles % Supplies and parts for overseas production Total % Total trucks and buses % Service parts % Others % Vehicles times Overseas unit supply business % Others % Total times Total net sales %

10 Consolidated Net Sales and Operating Income (loss) by Segments 10/21 Hino Suppliers Overseas Subsidiaries Dealers Consolidated adjustment Total FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Change Net sales Operating income (loss) Net sales Operating income (loss) Net sales <2.3%> <-17.1%> 2.1 times - Operating income (loss) (18.2) <4.3%> <-8.2%> +58.4% (1.8) <4.6%> <1.7%> +60.9% 4.5 times <0.4%> <-0.9%> +28.6% (0.4) (123.8) (2.6) (72.8) <2.9%> <-11.4%> +77.9% (18.8) Note: Figures in parentheses (<>) indicate operating income (loss) margin. Percentages in Change column show change rate from the previous year.

11 Consolidated Net Sales and Operating Income (loss) by Location Segments 11/21 Japan Asia Other Areas Consolidated adjustment Total FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Change Net sales Operating income (loss) Net sales Operating income (loss) Net sales <2.4%> <-15.4%> +91.9% - Operating income (loss) (20.0) <6.2%> <3.1%> +88.4% 3.7 times <-0.5%> <-1.4%> +3.3% (0.1) 18.7 (0.2) (49.1) (1.9) (22.9) <2.9%> <-11.4%> +77.9% (18.8) Note: Figures in parentheses (<>) indicate operating income (loss) margin. Percentages in Change column show change rate from the previous year.

12 12/21 Analysis of Consolidated Operating Income (Loss) Increase in in operating income: income: billion billion ( ( billion billionto to billion) billion) Effect of sales Environmental change (3.7) Improvement in Change in cost cost of sales structure, etc 8.7 (18.8) 23.0 FY2010 1Q Results ('09/4-6) FY2011 1Q Results ('10/4-6)

13 Quarterly Consolidated Net Sales and Operating Income (Loss) 13/21 Operating income Net sales Net sales Operating income (3.2) (18.8) FY10/1Q 2Q 3Q 4Q FY11/1Q -200

14 Analysis of Consolidated Income and Loss 14/21 FY2011 1Q ('10/4-6) FY2010 1Q ('09/4-6) Change Operating income (loss) 8.7 (18.8) Ordinary income (loss) 7.1 (21.2) Net income (loss) before income taxes and minority interests 6.3 (21.4) Net income (loss) 3.1 (21.8) Factors of changes in net income (loss) (1)Increase in operating income (2)Gain (Loss) on foreign exchange ( ) -2.7 (3)Investment gain (loss) on equity method ( ) +3.1 (4)Influence of asset retirement obligations -1.1 (5)Increase of income taxes ( ) -1.7 (6)Others -0.2 Difference: Changes in net income (loss) +24.9

15 3. Sales Forecasts for 1 st Half of FY /21

16 Global Unit Sales 16/21 Forecasts ('10/4-9) Initial announcement ('10/4-9) FY2010 1st Half Results ('09/4-9) (Units) Japan 13,550 13, % 10,573 +2, % Asia 28,000 23,110 +4, % 17, , % By Geographic Region Central and South America 5,200 4, % 4, % Oceania 2,610 2, % 2, % Europe/Africa 2,290 2, % 1, % North America 1,770 1, % 1, % Middle East 1,530 1, % 1, % Overseas Total 41,400 36,100 +5, % 28, , % Total 54,950 49,550 +5, % 39, , %

17 17/21 4. Consolidated Financial Forecasts for 1 st Half of FY2011

18 Consolidated Unit Sales 18/21 Forecasts ('10/4-9) Initial announcement ('10/4-9) FY2010 1st Half Results ('09/4-9) (Units) Japan 13,000 13, % 10,927 +2, % Asia 27,560 21,490 +6, % 16, , % By Geographic Region Central and South America 5,480 4, % 2,499 +2, times Oceania 2,600 2, % 2, % North America 1,960 2, % 1, % Europe/Africa 1,840 1, % , times Middle East 1,360 1, % times Overseas Total 40,800 34,000 +6, % 23, , % Total 53,800 47,100 +6, % 34, , % Supplies and parts for overseas production 1,200 1, % times Toyota Brand Vehicles 80,300 71,200 +9, % 38, , times

19 Consolidated Income (Loss) Statement 19/21 Item Forecasts ('10/4-9) Initial announcement ('10/4-9) FY2010 1st Half Results ('09/4-9) Net sales % % <2.1%> <1.5%> <+0.6p> <-5.6%> <+7.7p> Operating income (loss) Ordinary income (loss) Net income (loss) before income taxes Net income (loss) % (22.0) <1.6%> <1.0%> <+0.6p> <-6.6%> <+8.2p> % (25.7) <1.5%> <0.8%> <+0.7p> <-6.8%> <+8.3p> % (26.8) <0.6%> <0.2%> <+0.4p> <-7.4%> <+8.0p> times (29.0) Note: Figures in parentheses (<>) indicate income (loss) margin.

20 20/21 Analysis of Consolidated Operating Income (Loss) Increase in in operating income: income: billion billion ( ( billion billion to to billion) billion) Effect of sales Environmental change Change in cost structure, etc Initial announcement ('10/4-9) Forecasts ('10/4-9)

21 21/21 Analysis of Consolidated Income and Loss Forecasts ('10/4-9) Initial announcement ('10/4-9) Change Results ('09/4-9) Change Operating income (loss) Ordinary income (loss) (22.0) (25.7) Net income (loss) before income taxes and minority interests (26.8) Net income (loss) (29.0) Factors of changes in net income (loss) compared to Initial announcemnet (1)Increase in operating income +5.0 (2)Loss on foreign exchange -1.7 (3)Increase of tax expenses etc Difference: Changes in net income (loss) +2.5