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  • 7/25/2019 ConsoFS

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    ANNUAL REPORT 2014

    Page 26NextPrev

    ContentsSearchPr in t

    Consolidated Performance HighlightsConsolidated Performance (U.S. GAAP)

    Millions of yen % change2010 2011 2012 2013

    2014 2014 vs. 2013

    Fiscal years ended March 31

    Net Revenues: 18,950,973 18,993,688 18,583,653 22,064,192 25,691,911 +16.4

    Automotive 17,197,428 17,337,320 16,994,546 20,419,100 23,781,404 +16.5

    Financial Services 1,245,407 1,192,205 1,100,324 1,170,670 1,421,047 +21.4

    All Other 947,615 972,252 1,048,915 1,066,461 1,151,280 +8.0

    Inter-Segment Elimination (439,477) (508,089) (560,132) (592,039) (661,820)

    Operating Income: 147,516 468,279 355,627 1,320,888 2,292,112 +73.5

    Automotive (86,370) 85,973 21,683 944,704 1,938,778 +105.2

    Financial Services 246,927 358,280 306,438 315,820 294,891 6.6

    All Other (8,860) 35,242 42,062 53,616 64,270 +19.9

    Inter-Segment Elimination (4,181) (11,216) (14,556) 6,748 (5,827)

    Net Income Attributable to Toyota Motor Corporation*2 209,456 408,183 283,559 962,163 1,823,119 +89.5

    ROE 2.1% 3.9% 2.7% 8.5% 13.7% ROA 0.7% 1.4% 0.9% 2.9% 4.7%

    As of March 31

    Total Assets 30,349,287 29,818,166 30,650,965 35,483,317 41,437,473 +16.8

    Toyota Motor Corporation Shareholders Equity 10,359,723 10,332,371 10,550,261 12,148,035 14,469,148 +19.1

    Short-Term Debt, Including Current Portion of Long-Term Debt 5,497,997 5,951,836 5,963,269 6,793,956 7,780,483 +14.5

    Long-Term Debt, less Current Portion 7,015,409 6,449,220 6,042,277 7,337,824 8,546,910 +16.5

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    ANNUAL REPORT 2014

    Page 27

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    1,000

    0

    200

    400

    600

    800

    30,000

    0

    15,000

    5,000

    10,000

    20,000

    25,000

    2,500

    0

    500

    1,000

    1,500

    2,000

    10

    0

    2

    4

    6

    8

    2,000

    0

    1,000

    1,500

    500

    20

    0

    10

    15

    5

    50

    0

    10

    20

    40

    30

    15,000

    0

    3,000

    6,000

    12,000

    9,000

    0

    9,000

    3,000

    6,000

    12,000

    15,000

    Net Income Attributable toToyota Motor Corporation/ROE

    Note: Net Income Attributable to Toyota Motor

    Corporation, equivalent to Net Income up to 2009.

    Net Income Attributable

    to Toyota Motor Corporation

    ROE

    ( Billion) (%)

    FY 10 11 12 13 14

    Operating Income /Operating Income Ratio

    Operating Income

    Operating Income Ratio

    ( Billion) (%)

    FY 10 11 12 13 14

    Total Assets/ROA

    Total Assets

    ROA

    ( Billion) (%)

    FY 10 11 12 13 14

    ( Billion) (%)

    FY 10 11 12 13 14

    Toyota Motor CorporationShareholders Equity/Shareholders Equity toTotal AssetsToyota Motor Corporation Shareholders Equity

    Shareholders Equity to Total Assets

    R&D Expenses/Capital Expendituresfor Property, Plant and Equipment(excluding vehicles and equipmenton operating leases)R&D Expenses

    Capital Expenditures for Property, Plant and Equipment

    ( Billion)

    FY 10 11 12 13 14

    Net Revenues

    ( Billion)

    FY 10 11 12 13 14

    Net Revenues by Region

    ( Billion)

    FY 1011121314Note: Fiscal years ended March 31

    Japan

    1011121314

    North America

    1011121314

    Europe

    1011121314

    Asia

    1011121314

    Other Regions

    50,000

    0

    10,000

    5

    0

    1

    20,000 2

    30,000 3

    40,000 4

    Net Revenues: 25,691.9 billion ( +16.4%)

    Operating Income 2,292.1 billion (+73.5%)

    Net Income Attributable to Toyota Motor Corporation 1,823.1 billion (+89.5%)

    * Figures for North America exclude valuation gains/losses from interest rate swaps.( Billion)

    Central and South America,Oceania, Africa and

    The Middle East

    AsiaEuropeNorth AmericaJapan

    Operating Income by Region

    13 14 13 14 13 14 13 14 13 14

    +152.7 +31.7 +19.6 91.1

    1,510.1

    576.3

    341.5*

    188.9* 58.226.4

    395.7376.0

    42.5133.7

    +933.8

    0

    ( Billion)

    1,320.8

    FY2013 FY2014

    Analysis of Operating Income

    2,292.1

    Operating Income +971.2

    Cost

    Reduction

    Efforts

    290.0

    Marketing

    Efforts

    180.0

    Increase in

    Expenses,

    etc.

    480.0

    ValuationGain/Lossesfrom InterestRate Swaps

    51.6

    Other

    132.8

    Effects of

    FOREX

    Rates

    900.0

    Consolidated Performance HighlightsConsolidated Performance (U.S. GAAP)

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    ANNUAL REPORT 2014

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    Consolidated Performance HighlightsConsolidated Vehicle Production and Sales

    Thousands of units % changeFiscal years ended March 31 2010 2011 2012 2013

    2014 2014 vs. 2013

    Vehicle Production by Region:

    Japan 3,956 3,721 3,940 4,276 4,345 +1.6

    Overseas Total 2,853 3,448 3,495 4,422 4,687 +6.0

    North America 1,042 1,338 1,275 1,677 1,759 +4.9

    Europe 433 372 383 368 506 +37.5

    Asia 1,021 1,344 1,441 1,924 1,939 +0.8

    Central and South America 146 148 152 205 242 +18.0

    Oceania 106 113 93 100 103 +3.0

    Africa 105 133 151 148 138 6.8

    Consolidated Total 6,809 7,169 7,435 8,698 9,032 +3.8

    Vehicle Sales by Region:

    Japan 2,163 1,913 2,071 2,279 2,365 +3.8

    Overseas Total 5,074 5,395 5,281 6,592 6,751 +2.4

    North America 2,098 2,031 1,872 2,469 2,529 +2.4

    Europe 858 796 798 799 844 +5.6

    Asia 979 1,255 1,327 1,684 1,609 4.5

    Central and South America 231 281 289 364 413 +13.5

    Oceania 251 248 223 271 259 4.4

    Africa 184 209 214 259 267 +3.1

    Middle East 466 569 550 741 824 +11.2

    Other 7 6 8 5 6 +20.0

    Consolidated Total 7,237 7,308 7,352 8,871 9,116 +2.8

    10,000

    0

    6,000

    2,000

    4,000

    8,000

    10,000

    0

    6,000

    2,000

    4,000

    8,000

    10 11 12 13 14

    10 11 12 13 14

    48.1%

    19.5%

    5.6%

    21.5%

    5.3%

    25.9%

    27.7%9.3%

    17.7%

    19.4%

    Japan Overseas Total Japan North America Europe

    Asia Other Regions

    Vehicle Production by Region

    (Thousands of units)

    FY

    Breakdown of VehicleProduction by Region

    Consolidated Total:

    9,032 thousand units

    FY2014

    Japan Overseas Total Japan North America Europe

    Asia Other Regions

    Vehicle Sales by Region

    (Thousands of units)

    FY

    Breakdown of Vehicle Salesby Region

    Consolidated Total:

    9,116 thousand units

    FY2014

    [Reference] Vehicle Sales

    >Consolidated vehicle unit sales in Japan and overseas came to 9,116,000in the fiscal year ended March 31, 2014, up 245,000, or 2.8%, compared

    with the previous fiscal year.

    >Consolidated vehicle unit sales in Japan were 2,365,000, an increase of

    86,000, or 3.8%, year on year. Excluding mini-vehicles, Toyota and Lexus

    vehicle unit sales (retail) was 1,648,000, up 36,000, or 2.2%, representing a

    record market share of 46.7%.

    >Total vehicle unit sales (retail), including the Daihatsu and Hino brands, was

    also a historic high, reaching 10,133,000, a year-on-year increase of

    441,000, or 4.6%.

    >Consolidated Lexus vehicle unit sales came to approximately 540,000, around

    44,000, or 8.8%, higher than the previous fiscal year. By geographic region,

    Lexus vehicle unit sales in Japan, North America, Europe, Asia, and other were

    about 48,000, 300,000, 45,000, 92,000, and 55,000, respectively. * There are a limited number of exceptional cases where sales are made other than

    in accordance with the flowchart above.

    Customers

    Vehicle Sales

    Number of vehicles produced forwholesale by Toyota Motor Corporation

    and its consolidated subsidiaries

    Number of vehicles produced forwholesale by Toyotas

    affiliates outside consolidation(e.g. JV afliates in China)

    DistributorsorDealersoutsideconsolidation

    ToyotaandLexusVehicleSales

    ConsolidatedVehicleSales

    ToyotaRetailVehicleSales