Outline of Consolidated Results for the Fiscal Year Ended ... · 1.Outline of Consolidated Results for the Fiscal Year Ended March 2015 P. 2 ... Investment in FY Ended March 2015

Outline of Consolidated Results for the Fiscal Year Ended March 2015

May 1, 2015

© 2013 1

Contents

1. Outline of Consolidated Results for the Fiscal Year Ended March 2015 P. 2

2. Progress of Investment Plan P. 7

3. Consolidated Earnings Forecast for the Fiscal Year Ending March 2016 P. 9

4. Supplementary Materials P. 14

1. Outline of Consolidated Results for the Fiscal Year Ended March

2015

2

© 2013 3

-4％-7.2

+12％+920.2

-7％-5.5

+5％+8.1

Net sales Operating income

Ordinary income

Net income

Consolidated Results

7,743.2

March 2014 Results

March 2015 Results

8,663.4

161.3 169.4 163.4 156.2

73.0 67.5

(Billion yen)

◆Increase in sales and decrease in income YoY (operating income increased, but ordinary income and net income decreased)

⇒ Net sales： Growth centered on the Machinery, Energy & Project DivisionOperating income： Increased due to higher gross profit despite increases in SG&A

expensesOrdinary income： Decreased mainly due to lower share of profit of entities accounted

for using the equity method in the Metals DivisionNet income： Decreased due to lower ordinary income despite gain on negative goodwill

© 2013 4

March 2014Results

March 2015Results

+2.0

+6.5

-1.2

+2.5

+5.4

-2.4

Positive and Negative Factors behind YoY Change in Operating Income

(Billion yen)

161.3

169.4

March 31, 20148.95 million units

March 31, 20158.95 million units

Positive factor

Negative factor

+1.7

Toyota Motor’s car production volume

Toyota Motor’s car production volume

Market prices

-6.5

-0.5

Offset of foreign exchange gains included in non-operating category, etc.

Forex effect from yen depreciation

Change in fiscal year

Newlyconsolidated subsidiariesDemand/

trading volume

Other

Unit car sales

Allowance for doubtful accounts

+0.6Car production volume

© 2013

Liabilities

Assets

Balance Sheets

5

Net Assets

March 31, 2015

(Billion yen)

Current liabilities1,935.3

Current assets2,520.8

Investments/Other618.2

PPE/Intangibles933.6

2,769.2

984.2

780.2

(Net worth: 972.7) (Net worth: 1,125.5)

Retained earnings: Net unrealized gains on available-for-sale securities, net of taxes: Foreign currency translation adjustments:

Increase in total assets: +460.9

Net assets1,156.0

1,304.4

Long-term liabilities981.3

2,061.7

1,167.4

Increase in net assets: +148.4

Increase in total liabilities: +312.6

Interest-bearing debt:Trade notes and accountspayable:

(Total: 4,072.7) (Total: 4,533.6)

(Total: 3,229.2)(Total: 2,916.6）

Increase in cash and equivalents:Increase in trade notes and accountsreceivable: Increase in inventories:Investment securities & other investments:

+87.1

+78.1+54.6

+106.9

+231.7

+18.2

+43.8

+59.4

+53.0

March 31, 2014

© 2013 6

Cash Flows (Billion yen)

March 2014 March 2015Change

Results ResultsNet cash provided by operating activities 133.9 169.1 35.2Net cash used in investing activities -135.5 -199.5 -64.0Free cash flow -1.6 -30.4 -28.8

-135.5

169.1133.9

-199.5

-30.4

March 2014 Results March 2015 Results

Net cash provided by operating activities

Net cash used in investing activities

Free cash flow

-1.6

2．Progress of Investment Plan

7

© 2013

Amount

Solar and wind power generation business (Eurus) Gas development projects in Australia and Canada Tender offer bid for shares of TOMEN ELECTRONICS

CORPORATION

Progress of Investment Plan

Automotive

Expansion of automobile production facilities Investment in dealer facilities and base expansion Investment in automotive parts wholesalers in Malaysia and

Thailand

Non-automotive

Total 146.8

Total 61.9

(Billion yen)

Investment in FY Ended March 2015

Main Projects

Total 208.7

8

3. Consolidated Earnings Forecast for the Fiscal Year Ending March

2016

9

© 2013 10

Assumptions of Forecast for the Fiscal Year Ending March 2016

Benchmark Forecast for Full Fiscal Year

Exchange rate USD 1 JPY 115EUR 1 JPY 125

Toyota Motor’s automobile production 9.12 million units

© 2013 11

-3％-263.4

-7％-11.4 +1％

+1.8

+4％+2.5

Forecast for the Fiscal Year Ending March 2016


Ordinary income

Net incomeAttributable to owners of

the parent

8,663.4

(Billion yen)

March 2015 Results

March 2016 Forecast

8,400.0

169.4158.0 156.2 158.0

67.5 70.0

© 2013

+10％+189.0 -35％

-678.1

12

+8％+72.5

-0％-6.5

+6％+122.5

+10％+39.6

-0％-0.1

Metals

1,961.0

2,150.0

(Billion yen)

Global Parts & Logistics

Automotive Machinery, Energy & Project

Chemicals & Electronics

Food & Agribusiness

Consumer Products &

Services

927.51,000.0

1,306.51,300.0

1,948.1

1,270.0

1,947.52,070.0

410.4 450.0

160.1 160.0

March 2015 Results

March 2016 Forecast

Forecast by Division (Net Sales)

© 2013 13

-8％-4.3

-8％-1.8

-9％-3.4

-8％-1.8

--

+11％+0.6

-8％-0.4

54.350.0

22.821.0

36.433.0

22.320.5

33.0 33.0

5.46.0 6.4 6.0

(Billion yen)

March 2015 Results

March 2016 Forecast

Forecast by Division (Operating Income)

Metals Global Parts & Logistics

Automotive Machinery, Energy & Project

Chemicals & Electronics

Food & Agribusiness

Consumer Products &

Services

4. Supplementary Materials

14

© 2013 15

Supplementary Materials (Contents)

Supplementary Materials 1:Net Sales and Operating Income by Division with YoY Comparison P. 16

Supplementary Materials 2: Net Sales and Operating Income by Geographical Area with YoY Comparison P. 21

© 2013 16

Metals

1,961.0

(Billion yen)

Global

Parts

& Logistics**

Automotive Machinery, Energy &

Project

Chemicals &

Electronics

Food &Agribusiness

Consumer Products &

Services

927.5

1,306.5

1,948.1 1,947.5

410.4

160.1

March 2014 Results

March 2015 Results

Consolidated Results by Division

Forex effect*

Supplementary Materials 1:

+19％+8.8

-5％-1.2

-12％-4.8

-4％-1.0

+15％+4.3

-11％-0.6

-14％-1.1

54.3

22.8

36.4

22.3

33.0

5.4 6.4

【Net Sales】【Operating Income】

-3％-33.5

+3％+62.9

-2％-22.9

+24％+376.0

+10％+182.2

+24％+79.9

-7％-11.7

* Percentage change calculations above do not include the effect of foreign currency translation.** Effective April 1, 2014, the name of the Global Production Parts & Logistics Division was changed to the Global Parts & Logistics Division.

Metals Global

Parts

& Logistics**

Automotive Machinery, Energy &

Project

Chemicals &

Electronics

Food &Agribusiness

Consumer Products &

Services

© 2013

+3％

17



-2％

Supplementary Materials 1-1:

Net Sales and Operating Income by Division(Year-on-Year Comparison)

+19％

Metals Division Global Parts & Logistics Division

(Billion yen)

45.5

Net sales & Operating income

Increase in automobile production in North America and effect of unification of accounting period

-5％

950.4 927.5

891.6

-22.9

58.8 24.0 22.8

22.91.1

-1.2

1,961.0

69.9

1,898.1

54.3

43.61.9

+8.8

+62.91,828.2


Lower trading volume in China and Thailand, etc.

© 2013

+24％-3％

18

-12％-4％

Automotive Division Machinery, Energy & Project Division


(Billion yen)

41.2


45.4

23.3

23.8

-0.5

-1.0

Net sales Increase in trading volume of petroleum

products, etc.

Operating incomeEffect of electric power substations handled

in the fiscal year ended March 31, 2014, etc.

1,306.5

1,298.0 -33.5

42.0

1,340.0

36.4

39.61.6

-4.8

1,572.1

1,948.1

22.3

+376.01,526.7


Reduction in export volume at parent company and lower trading volume at overseas sales companies, etc.



© 2013 19

+10％

-11％+24％+15％

Chemicals & Electronics Division


1,947.5

1,706.5+182.2

58.8

1,765.3

33.0

1.4

+4.3

Food & Agribusiness Division

(Billion yen)

Net sales Increase in trading volume of grain handled

overseas, etc.

Operating income Lower market prices, etc.


330.5410.4

319.8

+79.9

10.7

5.5

5.46.0

0.5

-0.6

27.3

28.7


Increase in trading volume of electronics-related products and effect of newly consolidated subsidiaries, etc.



© 2013 20

-7％-14％

Consumer Products & Services Division

(Billion yen)


160.1

169.52.3

171.86.4

-1.1

7.5

-11.7


Decrease in trading volume of textile-related products



© 2013 21

+2％+0.9

+4％+1.6

+25％+4.8

+9％+1.9

-6％-1.1

+10％+399.3 +16％

+281.2

+19％+118.0

+11％+97.8

+11％+24.0

Supplementary Materials 2:Net Sales and Operating Income by Geographical Area(Year-on-Year Comparison)

Net Sales Operating Income

Japan Asia & Oceania

North America

Europe Other areas

(Billion yen)

4,591.7

4,192.4

2,082.6

1,801.4

738.8620.8

1,001.2903.4

248.9224.9

Japan Asia & Oceania

North America

Europe Other areas

59.358.4

42.841.2

24.019.2

23.221.3 20.4

March2014

Results

March2015

Results

March2014

Results

March2015

Results

19.3

© 2013 22

Inquiries:

Investor Relations Group

E-mail [email protected]

Tokyo

TEL +81-3-4306-8201

FAX +81-3-4306-8818

◆ This presentation contains “forward-looking statements” about the strategies and plans of Toyota Tsusho Corporation and its Groupcompanies that are not historical facts. These forward-looking statements are subject to a number of risks and uncertainties thatcould cause the Group’s actual or implied operating environment, performance, results, financial position, etc. to differ materiallyfrom the information presented here, which is based on assumptions and beliefs in light of information currently available to themanagement at the time of publication. The Group assumes no obligation to update or correct these forward-looking statements.

◆ This presentation is not intended to solicit, offer, sell or market securities, and should not be the sole basis for making investmentand other decisions.

Documents

Outline of Consolidated Results for the Fiscal Year Ended ... · 1.Outline of Consolidated Results for the Fiscal Year Ended March 2015 P. 2 ... Investment in FY Ended March 2015