fy2014 1q financial results - isuzufy2014 1q consolidated resultsfy2014 1q consolidated...
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FY2014 1Q Fi i l R lFY2014 1Q Fi i l R lFY2014 1Q Financial ResultsFY2014 1Q Financial Results
August 6, 2013August 6, 2013
1 Copyright(C) 2013 Isuzu Motors Limited All rights reserved
ContentsContentsContentsContents
ⅠⅠ. FY2014 1Q OutlineFY2014 1Q OutlineDirector : Masanori Katayama
Ⅱ. FY2014 1Q Financial SummaryFY2014 1Q Financial SummaryExecutive Officer : Kenji MiyazakiExecutive Officer : Kenji Miyazaki
Ⅲ. Q&AQ&A
Statements contained in this presentation, except for historical or current facts, are based on certain assumptions and our management's judgment in light of currently available information. Therefore, these statements may be susceptible to various factors such as uncertainty contained in the assumptions andstatements may be susceptible to various factors, such as uncertainty contained in the assumptions and management's judgment and economic changes in the future, which may cause to bring about different results in Isuzu's future earnings and operating results.
Moreover, this presentation is not intended to solicit investment in Isuzu. Isuzu assumes no responsibility
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for any losses and liabilities that may be incurred because of the information in this presentation.
Ⅰ. FY2014 1Q OutlineFY2014 1Q Outline
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FY2014 1Q Consolidated ResultsFY2014 1Q Consolidated ResultsFY2014 1Q Consolidated ResultsFY2014 1Q Consolidated Results-- YearYear--onon--year Comparison year Comparison --
(JPY Bil.) FY14 1Q FY13 1Q Changes
Net Sales 422.4 391.7 30.7
Operating Income 44 5 28 1 16 4Operating Income 44.5 28.1 16.4
Ordinary Income 47.4 28.9 18.5
Net Income 27.6 21.6 6.0
* FX: FY14 1Q = 95 JPY/US$FY13 1Q = 80 JPY/US$
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ⅡⅡ--11. Market InformationMarket Information
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CV Global ShipmentCV Global ShipmentCV Global ShipmentCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--units units --
10
3636
62
5656
1010 59
14
10
EuropeChina
62
1010
1010
1212
131333 2
’12/3 ’13/3 ’14/3’14/3’12/3 ’13/3 ’14/3’14/3 1011
Japan
12
14
484847
China
6767
5252
121217
’12/3 ’13/3 ’14/3’14/3 ’12/3 ’13/3 ’14/3’14/317 533
North p
28
77 14
7 272712 13
16’12/3 ’13/3 ’’14/314/3
America
5
28
2 2
7 2727
10 10
12 13
9
’12/3 ’13/3 ’14/3’14/3
’12/3 ’13/3 ’14/3’14/34
2Mid-East/
Africa
Asia
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: 1QShipment FY12 FY13 FY14
1Q 47,888 73,870 67,788
’12/3 ’13/3 ’14/3’14/3Mid-South AmericaOceania
Japan Industry Sales and Isuzu ShareJapan Industry Sales and Isuzu Sharep yp y-- H/D, M/D Truck: 4ton or aboveH/D, M/D Truck: 4ton or above --
Unit Share
20 000 35%
30.3%30.8%20,000
30%
35%
15 31015,000
25%ISUZUSh
13,57815,310
10,000
15%
20%Share
5,00010%
15%
4,719 4,113
5,000
5%ISUZU ISUZU-12.8%
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4,1130
'13/3-1Q '14/3-1Q
0%
Japan Industry Sales and Isuzu ShareJapan Industry Sales and Isuzu Sharep yp y-- L/D(2L/D(2--3ton) Truck3ton) Truck --
Unit Share
37 7%25,000 45%
36.8% 37.7%20,000 35%
40%
17 220
15,000
30%
35%
16,09517,220
ISUZUShare
10 000
15,000
20%
25%Share
5 000
10,000
10%
15%
6,4975,918
5,000
5%
10%
9.8%ISUZU ISUZU
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,0
'13/3-1Q '14/3-1Q
0%
LCV Global ShipmentLCV Global ShipmentLCV Global ShipmentLCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--units units ––
268
1818 2222
177177
25
773 668
5522 44
Europe China
177177 773 66’12/3 ’13/3 ’14/3’14/3’12/3 ’13/3 ’14/3’14/3
5522 44
6449
581212
1829
4210 1564
2024
94
12124 86
’12/3 ’13/3 ’14/3’14/3
’12/3 ’13/3 ’14/3’14/3 ’12/3 ’13/3 ’14/3’14/3
’12/3 ’13/3 ’14/3’14/32
Mid-South America
Oceania
AsiaMid-East/ Africa
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: 1QShipment FY12 FY13 FY14
1Q 68,858 101,620 101,138
America
PickPick--up truck monthly sales up truck monthly sales p yp yin Thailandin Thailand
(K-Unit)
19 719 4 19 519 8
17.6
18.6
19.719.4
16.4
19.0
16.8
15 4
18.0
19.519.8
17.9
15 715 6 15 316
18
20
12.111 7 11.8
15.4 15.7
14.815.6
12.1
15.3
12
14
16
9.9
7 5
10.210.911.7
10.8
8
10
12
4.7
7.5
4
6
8
2.0
0
2
4
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0APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
FY12 FY13 FY14
Industrial EngineIndustrial Engine Global ShipmentGlobal ShipmentIndustrial EngineIndustrial Engine Global ShipmentGlobal Shipment-- KK--UnitsUnits--
160
138
(K-Unit)
100
120
140
9184
126
138
60
80
9184
48
25 24 29 22525
0
20
401Q
C(IDI) C(DI) 4L 4J 4H 6H 6U 6W
'09/3 '10/3 '11/3 '12/3 '13/3 '14/3
Industrial Engine
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~1.1 1.6 2.2 2.4 3.0 5.2 7.8 9.8 15.7 ℓ
ⅡⅡ--2. 2. FY2014 1Q Financial SummaryFY2014 1Q Financial Summary
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FY2014 1Q Consolidated ResultsFY2014 1Q Consolidated ResultsFY2014 1Q Consolidated ResultsFY2014 1Q Consolidated Results-- YearYear--onon--year Comparison year Comparison --
(JPY Bil.) FY14 1Q FY13 1Q Changes
Net Sales 422.4 391.7 30.7
Operating Income 44 5 28 1 16 4Operating Income 44.5 28.1 16.4
Ordinary Income 47.4 28.9 18.5
Net Income 27.6 21.6 6.0
* FX: FY14 1Q = 95 JPY/US$FY13 1Q = 80 JPY/US$
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FY2013 1Q vs. FY2014 1Q FluctuationsFY2013 1Q vs. FY2014 1Q FluctuationsFY2013 1Q vs. FY2014 1Q FluctuationsFY2013 1Q vs. FY2014 1Q Fluctuations-- Consolidated operating income: analysis of change, JPY:Bil.Consolidated operating income: analysis of change, JPY:Bil.
16.4
44 50 8
3 3
-0.4 44.58.70.8
SteFluc
FixeFluc
28.1
3.3
4.0
MR
Sal
FX
el, Oil Pr i
ctuations
ed Cost
ctuation
Material C
Reductio
es/Model
iceetc.
s
Cost
n Mix
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Operating Income for FY13 1Q Operating Income for FY14 1Q
FY2014 1Q Consolidated ResultsFY2014 1Q Consolidated Results((AprApr --Jun 2013)Jun 2013)FY2014 1Q Consolidated ResultsFY2014 1Q Consolidated Results((Apr.Apr. Jun. 2013)Jun. 2013)-- Ordinary income, Net income, YearOrdinary income, Net income, Year--onon--year year --
( JPY Bil. ) FY14 1Q FY13 1Q ChangesNet Sales 422.4 391.7 30.7
Operating Income 44 5 28 1 16 4Operating Income 44.5 28.1 16.4Ordinary Income 47.4 28.9 18.5
Net Income 27.6 21.6 6.0
Operating Income Change 16.4* Equity in Earnings of Affiliates 1.2* Financial account balance/ FX gain and loss Other 0 9
OrdinaIncom
Financial account balance/ FX gain and loss, Other 0.9
Total 18.5
arym
e
Ordinary Income 47.4* Loss on disposal of noncurrent assets,etc -0.2* Tax and minority interests -19 6
Extra ProLoss etc
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Tax and minority interests -19.6
Net Income 27.6
fit /c.
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