Consolidated: Financial Summary

Transcription

1 FY2009 Financial Results SUZUKI MOTOR CORPORATION 10 May 2010

2 Consolidated: Financial Summary Page2 FY2009 FY2008 FY2009 Cumulative Cumulative Change 4th Quarter 4th Quarter FY2008 4th Quarter 09/4-10/3 08/4-09/3 10/1-3 09/1-3 Change (Billion Yen) (A) (B) (A)-(B) (C) (D) (C)-(D) Net sales 2, , ( %) (+3.0%) Operating (+3.2%) (+182.7%) (Ratio) (3.2%) (2.6%) (4.3%) (1.6%) Ordinary (+17.8%) (Ratio) (3.8%) (2.7%) (5.2%) (1.2%) (+341.0%) Net (+5.4%) (Ratio) (1.2%) (0.9%) (1.9%) (0.9%) (+131.5%)

3 Consolidated: Net Sales Page3 3, ,469.1 (-535.7) 41% 1,242.3 Overseas production Overseas sales 1,010.1 ( ) 2) 41% 27% 32% Domestic production Overseas sales (-290.6) Domestic production Domestic sales (-12.9) 20% 39% FY2008(08/4-09/3) FY2009(09/4-10/3)

4 Excluding Financial Services Consolidated: Net Sales (Year-to-Year Comparison) (Influence of Motorcycle Automobile Marine & Power products, etc. Total exchange Domestic total Page4 fluctuations) Overseas total Europe North America Asia Others Grand total (Influence of exchange fluctuations)

5 Consolidated: Operating Income Page5 2.5(+3.2%) increase in profit % 32% 3.2% Profit ratio FY2008(08/4-09/3) FY2009(09/4-10/3)

6 Consolidated: Ordinary Income Page6 14.1(+17.8%) increase in profit % 3.8% 2.7% Profit ratio FY2008(08/4-09/3) FY2009(09/4-10/3)

7 Consolidated: Net Page7 1.5(+5.4%) increase in profit % 0.9% Profit ratio FY2008(08/4-09/3) FY2009(09/4-10/3)

8 Consolidated: Factors of Change in Operating Income Page Decrease of operating expenses Cost reduction Decrease of R&D expenses +6.2 Change in sales, model mix Effect of ForEX rate Increase of depreciation FY2008 Operating 76.9 Factors of increase (+119.6) Increase in profit (+2.5) Factors of decrease (-117.1) FY2009 Operating 79.4 (Change in sales, model mix includes influence of raw material prices +28.1)

9 Consolidated: Foreign Exchange Rates Page9 U.S. Dollar Euro Others FY Yen 131 Yen ー (09/4-10/3) FY2008 (08/4-09/3) 101 Yen 144 Yen ー Change -8 Yen -13 Yen ー Effect of ForEX rates -8.2 bln.yen bln.yen bln. Yen Total bln. Yen

10 216.2 Main affiliates Consolidated: Capital Expenditures (including amount of main affiliates) Page10 Subsidiaries SUZUKI (-85.0) 11.0 (-1.2) 66.1 (-35.6) 54.1 (-48.2) FY2008(08/4-09/3) FY2009(09/4-10/3)

11 Consolidated: Depreciation, R&D Expenses, Interest-Bearing Debt Page including Financial services 82 5 including Financial services Depreciation R&D expenses Interest-bearing debt FY2008 FY2009 FY2008 FY2009 FY2008 FY2009 (08/4-09/3) (09/4-10/3) (08/4-09/3) (09/4-10/3) (09/3) (10/3)

12 Consolidated: Cash Flows Page12 Operating activities Investment activities Financing activities Other +8.2 At beginning of FY Free cash flow 44.1 Cash and cash equivalents Increased by At end of FY

13 Consolidated: Cash Flows Page13 (Billion Yen) 08/ /1-3 09/4-6 09/ / /1-3 Operating activities iti Investment activities FCF Financing activities Others Total amount of change

14 Consolidated: Change in Shareholders equity ratio Page14 Shareholders equity ratio improved to 40.0% (Billion Yen) Liabilities Net assets excluding minority 09/12 Disposal of treasury stock Repayment of loans payable Conversio n of CB Other 10/3 1, ,291.6 interests Minority interests Total net assets ,089.8 Total assets Shareholders h equity ratio 2, , % +6.4% +2.0% +1.3% -1.0% 40.0%

15 Consolidated: Business Segment Page Net sales Financial Services Marine & Power products, etc. Operating , ,184.0 Motorcycle Automobile Motorcycle FY2008 FY2009 FY2008 FY2009 (08/4-09/3) (09/4-10/3) (08/4-09/3) (09/4-10/3)

16 454.3 Consolidated: Business Segment (Motorcycle) Page (-42.1%) Net sales Operating Operating FY2008(08/4-09/3) FY2009(09/4-10/3)

17 Consolidated: Business Segment (Automobile) Page , ,184.0 (-13.5%) Net sales (+31.2%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

18 Consolidated: Business Segment (Marine and Power products, etc.) Page (-31.9%) Net sales Operating FY2008(08/4-09/3) 5.3 (-42.5%) FY2009(09/4-10/3) Operating

19 Consolidated: Business Segment (Financial services) Page (+1.1%) Net sales (-4.5%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

20 Consolidated: Geographical Segment Page ,823.9 Net sales Others 67.4 Asia North America Europe Japan 1,488.5 Operating North America FY2008 FY2009 FY2008 FY2009 (08/4-09/3) (09/4-10/3) (08/4-09/3) (09/4-10/3)

21 ,823.9 Consolidated: Geographical Segment (Japan) 1,488.5 (-18.4%) Page21 Net sales (+18.6%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

22 Consolidated: Geographical Segment (Europe) Net sales (-31.5%) Page (+46.8%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

23 225.6 Consolidated: Geographical Segment (North America) Page23 Net sales (-42.9%) Operating Operating FY2008(08/4-09/3) ー 11.6 FY2009(09/4-10/3)

24 Consolidated: Geographical Segment (Asia) (+3.7%) Page24 Net sales (+59.0%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

25 Consolidated: Geographical Segment (Asia) Page25 Maruti Suzuki India Ltd. (India) celebrates production of one million cars this fiscal year Unit: thousands 800 1, /3 06/3 07/3 08/3 09/3 10/3

26 Consolidated: Geographical Segment (Others) Page (-24.9%) Net sales (-30.0%) Operating FY2008(08/4-09/3) Operating FY2009(09/4-10/3)

27 Consolidated:Number of Consolidated subsidiaries, Equity method affiliates, Employees Page27 51, , Consolidated subsidiaries Equity method affiliates Employees FY2008 FY2009 FY2008 FY2009 FY2008 FY2009 (09/3) (10/3) (09/3) (10/3) (09/3) (10/3)

28 Consolidated: Inventory Page28 (08/1-3) (08/4-6) (08/7-9) (08/10-12) (09/1-3) (09/4-6) (09/7-9) (09/10-12) (10/1-3) (-13.3) (-100.9) Inventory(bln. Yen) (-194.7) (+55.3) (311.9) (279.7) (255.2) (223.2) 2) (193.3) (Overseas inventory)(bln. Yen) (-93.0) (+27.4) (-7.3) (+93.1) Net sales (bln. Yen) (184.8) -8.5 (155.6) (152.6) (149.7) /3 08/6 08/9 08/12 09/3 09/6 09/9 09/12 10/3

29 Consolidated: FY2010 Forecast Page29 Sales and earnings remain unchanged from the previous year FY2010 FY2009 Forecast Actual result Net sales 2, ,469.1 Operating Ordinary y Net ForEX rate U.S. Dollar 90 Yen 93 Yen Euro 115 Yen 131 Yen

30 Consolidated: FY2010 Forecast Factors of Change in Operating Income Page Cost reduction Decrease of depreciation Effect of ForEX rate Change in sales, model mix Increase of R&D expenses -1.0 FY2009 Operating 40 Income Factors of increase Factors of decrease 79.4 (+29.0) (-28.4) FY2010 Operating Increase in profit (+0.6) 0

31 Consolidated: FY2010 Forecast Page Capital expenditure Depreciation R&D expenses FY2009 FY2010 FY2009 FY2010 FY2009 FY2010

32 Production: Motorcycle Page32 Unit: thousands Others 3, ,989(+3.0%) 379 2,902(-12.2%) 175 Forecast 252 Asia North America 2,571 2,542 2,512 Europe Japan FY2008 FY2009 FY2010 Forecast (08/4-09/3) (09/4-10/3) (10/4-11/3)

33 Sales: Motorcycle Page33 Unit: thousands Others 3, ,137(+4.0%) 3,017(-9.9%) Forecast Indonesia PRC North America Europe Japan 1, , FY2008 FY2009 FY2010 Forecast (08/4-09/3) (09/4-10/3) (10/4-11/3)

34 Production: Automobile Page34 2,684(+5.5%) Unit: thousands 2,494 2,545(+2.1%) Forecast Asia North America Europe 1, , , Japan 1, ,010 FY2008 FY2009 FY2010 Forecast (08/4-09/3) (09/4-10/3) (10/4-11/3)

35 Sales: Automobile Page35 Unit: thousands Others 2,482 (+5.7%) 19%) 2,305 2,349(+1.9%) Forecast India North America Europe Japan FY2008 FY2009 FY2010 Forecast (08/4-09/3) (09/4-10/3) (10/4-11/3)

36 Quarterly Performance (Net sales Operating ) Page36 FY2008(08/4~09/3) <Net sales> FY2009(09/4~10/3) Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q <Operating > Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

37 Quarterly Performance ( Production ) Page37 FY2008(08/4~09/3) <Motorcycle> FY2009(09/4~10/3) Unit: thousands Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 <Automobile> Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

38 Non-Consolidated: Net sales profit Page38 (Net sales) , , (-23.7%) (Operating ) (+5.1%) FY2008 (08/4-09/3) FY2009 (09/4-10/3) FY2008 FY2009 (08/4-09/3) (09/4-10/3) (Ordinary ) 12.1 (+192.1%) (Net ) (+115.6%) FY2008 (08/4-09/3) FY2009 (09/4-10/3) FY2008 (08/4-09/3) FY2009 (09/4-10/3)

39 Cash dividends per share Page39 Annual 12 Yen(FY2008: 16 Yen) Interim dividends 5 Yen(FY2008: 8 Yen) Year end-dividends 7 Yen(FY Yen) FY2010 Forecast 12 Yen Interim dividends 6 Yen Year end-dividends 6 Yen

40 FY2009 Financial Results Across the generations. Through the ages. Thank you, 40 th Anniversary of Jimny debut. LJ10(1970) SJ30(1981) JA11(1990) JA22(1995) SUZUKI MOTOR CORPORATION

41 Caution with respect to Forward-Looking Statements The forward-looking statements mentioned in this document are calculated based on currently available information and assumptions and contain risks and uncertainty. t Please note that the future results may greatly vary by the changes of various factors. Those factors, which may influence the future results, include economic conditions and the trend of demand in major markets and the fluctuations of foreign exchange rate. (mainly Yen /US dollar rate, Yen/Euro rate). This document is an English translation of the original Japanese document. If there are any discrepancies between this document and the original Japanese document, the original Japanese document prevails.