0 Third Quarter Financial Results - The First Nine Months - SUZUKI MOTOR CORPORATION 7 February 2011
Consolidated: Financial Summary Page2 (Billion Yen) ( ) ( ) Change Rate Net sales 1,927.7 1,778.8 +148.9 +8.4% Operating income (Ratio) 92.5 (4.8%) 49.8 (2.8%) +42.7 +85.6% Ordinary income (Ratio) Net income (Ratio) 106.5 (5.5%) 42.6 (2.2%) 57.8 (3.3%) +48.7 +84.2% 15.5 (0.9%) +27.1 +175.0%
Consolidated: Net Sales Year-on-Year Comparison Page3 Excluding Financial Services business Motorcycle Automobile Marine & Power products, etc. Total of which effect of ForEX rates conversion Domestic total -2.2 +28.2 +0.2 +26.2 Overseas total -6.7 +126.4 +5.0 +124.7-55.1 Europe -10.9-42.8 +1.3-52.4-38.3 North America -20.7-14.0 +1.1-33.6-4.1 Asia +16.5 +146.3 +1.0 +163.8-15.9 Others +8.4 +36.9 +1.6 +46.9 +3.3 Grand total -8.9 +154.6 +5.2 +150.9-55.1 of which effect of ForEX rates conversion -4.4-49.6-1.1-55.1 (Billion Yen)
Consolidated: Factors of Change in Operating Income Page4 (Billion Yen) 49.8 +66.3 of which raw materials -15.8 Change in sales, model mix +19.3 Cost reduction -19.8 ForEX rates -15.3 Various expenses -6.7 R&D expenses -1.1 Depreciation 92.5 Operating income Factors of increase +85.6 Factors of decrease -42.9 Operating income +42.7 Operating income
Consolidated: Foreign Exchange Rates Page5 Change Effect of ForEX rates ( ) ( ) U.S. dollar 87yen 94yen -7yen -3.5bln yen Euro 114yen 133yen -19yen -13.1bln yen Others - - - -3.2bln yen Total -19.8bln yen
Consolidated: Capital Expenditures, Depreciation, R&D Expenses and Interest-Bearing Debt balance ( ) ( ) Change Page6 (SUZUKI) (Subsidiaries) (Main affiliates) (33.3) (63.0) ( 6.1) (32.8) (56.1) (9.4) (+0.5) (+6.9) (-3.3) Capital Expenditures 102.4 98.3 +4.1 Depreciation 93.9 92.8 +1.1 R&D Expenses 70.0 63.3 +6.7 3Q ( 10/12) Interest-Bearing Debt balance 497.0 (65.8) (of which Financial Services business) 3Q ( 09/12) 697.7 (75.4) (Billion Yen) Change -200.7 (-9.6)
Consolidated: Cash Flows Page7 (Billion Yen) +136.5-66.2 Operating C/F Free C/F Investing C/F -47.9 Financing C/F -17.8 Others 583.5 588.1 +70.3 At beginning of period Balance of cash +4.6 At end of period
Consolidated: Operating Results by Business Page8 Net sales Marine & Power products, etc. Motorcycle Automobile Financial services (+9.4%) 1,722.0 1,574.0 (-4.6%) 195.2 186.3 (+63.7%) 91.6 (Billion Yen) (-22.5%) Operating income -14.1-7.0 55.9 (+17.9%) 28.4 33.5 (+22.9%) 4.2 5.1 61.1 47.3 (-26.9%) 3.0 2.2
Consolidated: Operating Results by Geographical Areas Page9 Net sales Operating income Japan (+11.8%) 1,169.0 1,045.8 (+192.7%) 48.7 16.6 Europe North America Asia Others (-26.1%) 324.6 239.8 (-43.8%) 4.3 2.4 (-33.3%) 98.1 65.4-12.3-2.5 (+26.4%) 557.2 704.2 (-10.9%) 42.0 37.4 (Billion Yen) (+18.8%) 48.5 57.7 (+324.5%) 0.8 3.3
Consolidated: Number of Consolidated Subsidiaries, Equity Method Affiliates and Employees Page10 3Q ( 10/12) 3Q ( 09/12) Change Consolidated Subsidiaries Equity Method Affiliates 138 136 +2 38 36 +2 Employees 52,455 51,258 +1,197
Consolidated: Forecast for Full Year Page11 (Unchanged from the previous forecast) Forecast Actual result (Billion Yen) Net sales 2,550.0 2,469.1 Operating income 100.0 79.4 Ordinary income 110.0 93.8 Net income 35.0 28.9 ForEX rates US$ 84yen 93yen Euro 112yen 131yen (Assumptions of 2 nd half ForEX rates: 80yen/US$, 110yen/Euro)
Consolidated: Forecast for Full Year Factors of Change in Operating Income Page12 (Billion Yen) 79.4 (Unchanged from the previous forecast) +36.6 Change in sales, model mix +12.0 +20.0-33.0 Cost reduction Depreciation ForEX rates -14.0 Various expenses -1.0 R&D expenses 100.0 Operating income Factors of increase +68.6 Factors of decrease -48.0 Operating income +20.6 Operating income
Consolidated: Forecast for Full Year Page13 (Unchanged from the previous forecast) (Billion Yen) Forecast ( 10/4-11/3) ( 09/4-10/3) Change Capital Expenditures 170.0 131.2 +38.8 Depreciation 130.0 141.8-11.8 R&D Expenses 110.0 108.8 +1.2
Sales Volume of Motorcycle Page14 (Unit: thousands ) Full year (Unchanged from the previous forecast) 3,019 2,970 2,222 202 2,056 253 Others 277 302 1,809 1,644 Asia 2,481 2,452 65 35 83 64 62 60 North America Europe Japan 79 56 104 86 78 74 Forecast
Sales Volume of Automobile Page15 (Unit: thousands ) 1,699 100 1,938 114 1,185 916 Others Asia Full year (Unchanged from the previous forecast) 2,350 2,584 154 135 1,545 1,272 34 216 25 177 North America Europe 41 281 35 240 433 436 Japan 622 610 Forecast
Major Market Conditions Page16
(Unit: thousands ) Sales Volume of Motorcycle by Geographical Areas Japan Europe North America Asia Others (-9.1%) 1,809 45 124 485 1,644 44 Others India 197 ASEAN 555 202 25 (+25.2%) 253 Page17 27 Others 62 (-3.0%) 60 83 (-23.3%) (-45.9%) 64 65 35 1,155 P.R.China 848 37 140 Africa 104 Central and South America 122 ASEAN; Total of 5 countries - Indonesia, Malaysia, Thailand, Philippines and Vietnam
(Unit: thousands ) 1,155 33 Sales Volume of Motorcycle by Geographical Areas (Asia) People's Republic of China ASEAN India Page18 475 848 89 Others Jinan Qingqi Suzuki 377 485 42 45 42 555 33 50 62 Others Thailand Philippines 197 648 Jiangmen Dachangjiang 382 355 Indonesia 410 124 ASEAN; Total of 5 countries - Indonesia, Malaysia, Thailand, Philippines and Vietnam
(Unit: thousands ) Sales Volume of Automobile by Geographical Areas Japan Europe North America Asia Others (+29.3%) 1,185 Others 76 ASEAN 70 Page19 (+0.8%) 433 436 916 54 46 P.R.China 218 48 385 392 Minivehicle 45 Subcompact and standardsized vehicle 216 (-17.8%) 177 (-24.7%) 191 625 India 820 (+13.3%) 100 114 34 25 ASEAN; Total of 5 countries - Indonesia, Malaysia, Thailand, Philippines and Vietnam
Sales Volume of Automobile by Geographical Areas (India) Page20 Domestic sales (Unit: thousands ) 820 Launch of the new WAGON R and ALTO K10 Sales of existing models do well Domestic sales 820 (+31.2% y-o-y) 625
Sales Volume of Automobile by Geographical Areas (People's Republic of China ) Page21 Domestic sales (Unit: thousands ) Chongqing Changan Suzuki 150 (+25.1% y-o-y) Jiangxi Changhe Suzuki 63 (-6.7% y-o-y) Suzuki Motor(China) Investment 4 (+35.3% y-o-y) 191 218
Sales Volume of Automobile by Geographical Areas (ASEAN) Page22 Domestic sales (Unit: thousands ) 70 3 3 4 5 Vietnum Philippines Thailand Malaysia Indonesia 55 ( +56.8% y-o-y) Malaysia 5 ( +29.5% y-o-y) 46 2 2 2 4 Thailand 4 (+129.5% y-o-y) 55 Indonesia 35
Third Quarter Financial n Results - The First Nine Months - SUZUKI MOTOR CORPORATION
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. 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.