fy2011 firstquarter financial results - global suzuki firstquarter financial results suzuki motor...

FY20FY20111 1 FirstFirst Quarter Financial ResultsQuarter Financial Results

SUZUKI MOTOR CORPORATIONSUZUKI MOTOR CORPORATION

3 August 20113 August 2011

Suzuki achieves two million total accumulated

automobile production volume in Magyar Suzuki in Hungary

PagePagePagePage2222Consolidated: Financial Summary

Overseas

Domestic

-2.9%-12.0417.7405.7

-15.5%-37.0238.6201.6

+23.6%+3.5

15.2

（2.3％）

18.7

（3.1％）

Net incomeNet incomeNet incomeNet income

（Ratio）

-6.0%-1.8

30.6

（4.7％）

28.8

（4.7％）

Ordinary incomeOrdinary incomeOrdinary incomeOrdinary income

（Ratio）

-20.0%-6.3

31.9

（4.9％）

25.6

（4.2％）

Operating incomeOperating incomeOperating incomeOperating income

（Ratio）

-7.5%-49.0656.3607.3Net Sales

rate

ChangeFY2010 3 months

(’10/4-6)

FY2011 3 months

(’11/4-6)

(Billion Yen)

PagePagePagePage3333

----24242424....6666----0.0.0.0.5555----20202020....6666----3333....5555

of which

effect of

ForEX rates

conversion

----24242424....6666----49494949....0000+1+1+1+1....9999----56565656....5555+5+5+5+5....6666

Grand

total

----0.0.0.0.7777----9999....1111++++0.0.0.0.0000----8888....8888----0.0.0.0.3333Others

----19191919....1111----5555....3333++++0.0.0.0.8888----7777....6666+1+1+1+1....5555Asia

----3333....9999+6+6+6+6....6666++++0.0.0.0.2222----3.3.3.3.3333+9+9+9+9....7777

North

America

----0.0.0.0.9999----4444....2222+1+1+1+1....1111----0.30.30.30.3----5555....0000Europe

----24242424....6666----12121212....0000+2+2+2+2....1111----20202020....0000+5+5+5+5....9999

Overseas

total

----37373737....0000----0.0.0.0.2222----36363636....5555----0.0.0.0.3333

Domestic

total

of which

effect of

ForEX rates

conversion

Total

Marine & Power

products, etc.

AutomobileMotorcycle

Consolidated: Net Sales

Year-on-Year Comparison

(Billion Yen)


-0.2

-12.5

＋1.3

＋5.5

＋5.5

31.9

-5.9

25.6

Factors of increase +12.3 Factors of decrease – 18.6

Operating income -6.3

Consolidated:

Factors of Change in Operating Income

(Billion Yen)

FY2010

3 months

Operating

income

Depreciation

Various

expenses

Cost

reduction

Change in sales,

model mix

ForEX

rates

R&D

expenses

FY2011

3 months

Operating

income

of which raw

materials

-4.4


-5.9bln yenTotal

-3.6bln yen---Others

+0.0bln yen-1yen118yen117yenEuro

-2.3bln yen-10yen92yen82yenU.S. dollar

EffectEffectEffectEffect of of of of

ForEXForEXForEXForEX ratesratesratesratesChange

FY2010

3 months

(’10/4-6)

FY2011

3 months

(’11/4-6)

Consolidated:

Foreign Exchange Rates


（Suzuki）

（Subsidiaries）

Capital Expenditures

Change

FY2010

3 months

（’10/4-6）

FY2011

3 months

（’11/4-6）

(-7.2)

(+0.2)

(12.4)

(27.3)

( 5.2)

(27.5)

+0.221.822.0R&D Expenses

-5.530.525.0Depreciation

-7.039.732.7

-44.0520.3476.3

Interest-Bearing

Debt balance

Change

FY2010 1Q

（’10/6）

FY2011 1Q

（’11/6）

（billion yen）

Consolidated:

Capital Expenditures, Depreciation, R&D Expenses

and Interest-Bearing Debt balance


662.4

631.9

＋3.6-10.1

-21.3

＋58.3

Balance of cash +30.5

Free C/F

+37.0

Consolidated： Cash Flows

Operating

Ｃ／Ｆ

Investing

Ｃ／Ｆ

Financing

Ｃ／Ｆ

Other

Ｃ／Ｆ

At beginning

of period

At end

of period

（billion yen）


（Billion yen）

69.8

75.4

(+8.0 %)

-1.80.3

232

《Automobile》

573.8

(-9.8%)

32.0

517.3

(-27.5%)

23.3

1.7

(+19.4%)

(+14.8%)

12.7

14.6

2.0

Consolidated: Operating Results by Business

Net sNet sNet sNet salesalesalesales

FY2010

3 months

FY2011

3 months

Operating Operating Operating Operating

incomeincomeincomeincome

FY2010

3 months

FY2011

3 monthsFY2010

3 months

’10/4-6

FY2011

3 months

’11/4-6

FY2010

3 months

’10/4-6

FY2011

3 months

’11/4-6

FY2010

3 months

’10/4-6

FY2011

3 months

’11/4-6

《Motorcycle》《Marine & Power

products, etc.》


（billion yen）

399.2

342.0

(-14.3%)

86.4

83.5

(-3.4%)

26.1

31.9

(+22.2 %)

233.5

226.4

(-3.0%)

19.5 20.2

(+3.7%)

15.8

10.9

(-31.0%)

4.0

1.9

(-53.0%)

-1.0 0.5

11.5 11.9

(+3.4%)

1.00.6

(-40.6%)

《Japan》

Consolidated:

Operating Results by Geographical Areas

Net sNet sNet sNet salesalesalesales

FY2010

3 months

FY2011

3 months

Operating Operating Operating Operating

incomeincomeincomeincome

FY2010

3 months

FY2011

3 months

《Europe》《North America》《Asia》《Others》

FY2010

3 months

’10/4-6

FY2010

3 months

’10/4-6

FY2010

3 months

’10/4-6

FY2010

3 months

’10/4-6

FY2010

3 months

’10/4-6

FY2011

3 months

’10/4-6

FY2011

3 months

’10/4-6

FY2011

3 months

’10/4-6

FY2011

3 months

’10/4-6

FY2011

3 months

’10/4-6


Change

FY2011 1Q

（’10/6）

FY2011 1Q

（’11/6）

Consolidated

Subsidiaries

+1,51852,44653,964Employees

+23638

Equity Method

Affiliates

+2139141

Consolidated:

Number of Consolidated Subsidiaries,

Equity Method Affiliates and Employees


（billion yen）

Consolidated: Forecast for FY2011

（Unchanged from the previous forecast on 23 June)

113yen

86yen

45.2

122.5

106.9

2,608.2

FY2010

Actual Result

110yen

80yen

50.0

125.0

110.0

2,610.0

FY2011

Forecast

Full Year

FY2010

Actual Result

FY2011

Forecast

Euro

U.S.

dollar

30.430.0Net income

89yen80yenForEX

rates

68.840.0Operating income

110yen

50.0

1,200.0

First Half

114yen

74.9Ordinary income

1,318.8Net sales


270

199

41

38

387

406

FY2010 FY2011

6 3

756

546

34

48

4550

1 2

FY2010 FY2011

’10/4-6 ’11/4-6

Production Volume

842

≪Motorcycle≫ ≪Automobile≫

Others

Asia

North America

Europe

Japan

648 698

642

Asia

Europe

Japan

’10/4-6 ’11/4-6

（-23.0%）（-8.0%）

(Unit: thousands )


140

97

18

17

71

53

41

31

FY2010 FY2011

’11/4-6’10/4-6

（-26.5%）

Export

ＯＥＭ

270

199

(-30.6%)

(- 5.2%)

(-25.3%)

(-24.3%)

270

199

277

273

447

538

FY2010 FY2011

9941,010

（+1.6%）

(-26.5%)

(- 1.1%)

(+20.2%)

’11/4-’12/3’10/4-’11/3

（-28.3%）254 182Complete

Build Unit

（+1.7%）936 952Complete

Build Unit

Production Volume of Automobile

in Japan

≪First Quarter Actual Result≫ ≪Full Year Forecast≫

(Unit: thousands )

Mini Vehicle

Sub-compact

and standard-

sized vehicle

Second Half

Second

Quarter

First

Quarter


113

152

60

61

8

8

373

353

40

36

FY2010 FY2011

33 25

679

499

71

87

20 22

17 15

FY2010 FY2011

’10/4-6 ’11/4-6

820

Others

Asia

North America

Europe

Japan

648

611594

Others

Asia

North America

Europe

Japan

’10/4-6 ’11/4-6

（-21.0%）（-2.7%）

Sales Volume

≪Motorcycle≫≪Automobile≫

(Unit: thousands )


429

215

176

188

60

83

13

14

FY2010 FY2011

36

48

23

31

11

8

FY2010 FY2011FY2010 FY2011

P.R.China

Others

FY2010 FY2011FY2010 FY2011

《Japan》《Europe》《North America》

《Asia》《Others》

Africa

Others

（+9.8%）

（-24.9%）

（-10.4%）

（-26.5%）

（+21.8%）

（Unit: Thousands）

679

499

87

71

’11/4-6’10/4-6 ’11/4-6’10/4-6’11/4-6’10/4-6 ’11/4-6’10/4-6

’11/4-6’10/4-6

20

22

33

25

1715

India

Sales Volume of Motorcycle

by Geographical Areas

※ASEAN； Total of 5 countries - Indonesia, Malaysia, Thailand, Philippines and Vietnam

Central

and

South

America

AddressV125GSR750 GSX-R750

ASEAN


FY2010 FY2011FY2010 FY2011

123128

21

17

19

10

FY2010 FY2011

《India》《ASEAN》

Indonesia

Philippines

Thailand


Others

’11/4-6’10/4-6

’11/4-6’10/4-6’11/4-6’10/4-6

215

429

176

188

60

83

Access

Hayate125

25

20

Sales Volume of Motorcycle

by Geographical Areas (Asia)

《People's Republic of China》


（-50.0%）

（+7.0%）

（+38.8%）


97

137

17

15

FY2010 FY2011

中国

FY2010 FY2011FY2010 FY2011

《Japan》《Europe》

（-25.6%）

（-1.5%）

（ +1.9 %）

’11/4-6’10/4-6 ’11/4-6’10/4-6’11/4-6’10/4-6 ’11/4-6’10/4-6

’11/4-6’10/4-6

152

113

61 60

8 8

1,074

64

21

28

25

25

251243

69

FY2010 FY2011

ASEAN

Others

《Asia》

（+5.6%）

353

373

India

P.R.China

FY2010 FY2011

《Others》

（+9.4%）

4036

Solio KizashiSwift

Sales Volume of Automobile



《North America》


Sub-compact and

standard-sized

vehicle

Mini-

vehicle


243

251

FY2010 FY2011

’11/4-6’10/4-6

Swift DZire

SX4 Diesel WagonR

Alto K10


by Geographical Areas (India)

Domestic sales

(Unit: thousands )

･Domestic Sales 251 thousands （+3.2%）


64

69

FY2010 FY2011

’11/4-6’10/4-6

Alto



(People's Republic of China )

Domestic sales

(Unit: thousands )

･Chongqing Changan Suzuki 52 thousands （+13.8%）

･Jiangxi Changhe Suzuki 17 thousands （-4.2%）

･Suzuki Motor (China) Investment 0.9 thousands （-23.3%）

･Domestic Sales 69 thousands （+8.2% ）


16

21

2

2

1

3

1

1

1

1

28

21

FY2010 FY2011

Indonesia

Malaysia

Thailand

Philippines

Vietnam

’11/4-6’10/4-6 Splash

APV


by Geographical Areas (ASEAN)

Domestic sales

(Unit: thousands )

･Indonesia 21 thousands （ +28.6%）

･Malaysia 2 thousands （ +18.0%）

･Thailand 3 thousands （+102.8%）

･Sales in ASEAN 5 countries 28 thousands （+30.9%）


Burgman Fuel Cell Scooterｅ-Ｌｅｔ’ｓ

Swift Range ExtenderEV EVERY

FY20FY20FY20FY20FY20FY20FY20FY201111111111111111 First Quarter First Quarter First Quarter First Quarter First Quarter First Quarter First Quarter First Quarter Financial ResultsFinancial ResultsFinancial ResultsFinancial ResultsFinancial ResultsFinancial ResultsFinancial ResultsFinancial Results

SUZUKI MOTOR CORPORATIONSUZUKI MOTOR CORPORATION

Caution with respect to ForwardCaution with respect to ForwardCaution with respect to ForwardCaution with respect to Forward----Looking StatementsLooking StatementsLooking StatementsLooking 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.

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