Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - TOYOTA MOTOR CREDIT CORP | dp54623_8k.htm |
Exhibit 99.1
 |
[GRAPHIC OMITTED]
Toyota Business Highlights 3Q FY2015
TOYOTA MOTOR SALES (TMS), U.S.A. INC. MONTHLY RESULTS
[] The U.S. automobile SAAR figure for February 2015 came in at 16.2M units,
up from 15.3M units in February 2014.
[] TMS February 2015 sales totaled 180,467 units, up 13.3% from February 2014
volume.
[] Corolla February 2015 sales volume rose 10% compared to February 2014
volume. Lexus GS sales rose 17.6% in February 2015 compared to February
2014 volume. Lexus RX sales rose 14.2% in February 2015 compared to
February 2014 volume.
[] North American production for February 2015 totaled 133,333 units, a
volume increase of 15.6% from February 2014 .
U. S. light vehicle seasonally adjusted annual rate (SAAR) and Toyota Motor
Sales (TMS), U.S.A. Inc. sales Feb 2010 - Feb 2015
[GRAPHIC OMITTED]
Source: Toyota, Bloomberg, Ward's Automotive Group. Toyota Division represents
Toyota and Scion vehicle sales.
Scion sales for February 2015 totaled 3,864 units, down 14.7% from February 2014
Scion volume.
TMS monthly results include fleet sales volume.
Toyota Motor Sales, U.S.A. Inc.
February 2015 unit sales
[GRAPHIC OMITTED]
Toyota U. S. February 2015 unit sales -Toyota Division Top 5 makes
[GRAPHIC OMITTED]
Feb-14 Feb-15
Camry 28,998 32,942
Corolla 25,299 27,839
Prius 12,861 12,018
RAV4 16,451 21,943
Tacoma 10,942 12,372
Toyota U. S. February 2015 unit sales -Lexus Division Top 5 makes
[GRAPHIC OMITTED]
Feb-14 Feb-15
RX 5,682 6,490
ES 4,360 4,192
IS 3,517 3,383
GS 1,574 1,851
GX 1,590 1,653
TOYOTA MOTOR CORPORATION (TMC) FINANCIAL RESULTS
Yen in millions
TMC consolidated financial performance Q3 FY2014 Q3 FY2015
Net Revenues Yen 6,229,811 Yen 6,742,115
Operating Income (Loss) 600,509 762,880
Net Income attributable to TMC (Loss) 525,464 600,027
TMC Consolidated Balance Sheet
Current Assets Yen 14,796,226 Yen 17,016,614
Noncurrent finance receivables, net 8,216,877 9,478,700
Total Investments and other assets 9,965,224 11,217,219
Property, plant and equipment, net 7,539,817 9,009,691
Total Assets Yen 40,518,144 Yen 46,722,224
Liabilities Yen 25,634,682 Yen 29,594,075
Shareholders' equity 14,883,462 17,128,149
Total Liabilities and Shareholders' Equity Yen 40,518,144 Yen 46,722,224
Operating Income (Loss) by geographic region
Japan Yen 331,397 Yen 424,810
North America 112,532 183,755
Europe 17,707 33,274
Asia 110,078 107,698
Other[] 32,202 29,341
Inter-segment elimination and/or unallocated amount -3,407 -15,998
Production (units) Q3 FY2014 Q3 FY2015
Japan 1,031,356 993,782
North America 433,913 485,986
Europe 132,406 149,551
Asia 509,667 438,890
Other[++] 125,489 127,318
Sales (units) Q3 FY2014 Q3 FY2015
Japan 540,214 497,933
North America 664,168 712,518
Europe 222,779 219,361
Asia 421,704 373,895
Other[++] 467,897 458,929
[++] "Other" consists of Central and South America, Oceania, Africa and the
Middle East. Source: Toyota Motor Corporation company filings.
|
 |
TOYOTA MOTOR CREDIT CORPORATION (TMCC) FINANCIAL RESULTS
U.S. dollars
in millions
TMCC financial performance 3Q 2014 3Q 2015
Total financing revenues $1,876 $2,112
Income before income taxes 306 492
Net Income 193 307
Debt-to-Equity Ratio 11.2x 10.6x
[GRAPHIC OMITTED]
[GRAPHIC OMITTED]
[GRAPHIC OMITTED]
[GRAPHIC OMITTED]
[] Our consolidated net income was $307 million in Q3 FY2015, compared to
$193 million in Q3 FY2014. The increase in net income for the third
quarter of FY2015 was primarily due to an increase in total financing
revenue of $236 million. In addition, interest expense decreased by $225
million driven by gains on derivatives, which was offset by an increase of
$215 million in depreciation on operating leases and an increase of $72
million in the provision for income taxes.
[] Total financing revenues increased 12.6 percent during the third quarter
of FY2015, as compared to the same period in FY2014 .
[] Net charge-offs as a percentage of average gross earning assets increased
by 0.05% in Q3 FY2015 compared to Q3 FY2014.
[] Aggregate balances for accounts 60 or more days past due as a percentage
of gross earning assets increased by 0.02% in Q3 FY2015 compared to Q3
FY2014.
1 TFS market share represents the percentage of total domestic TMS sales of
new Toyota, Lexus and Scion vehicles financed by us, excluding
non-Toyota/Lexus/Scion sales, sales under dealer rental car and commercial
fleet programs and sales of a private Toyota distributor.
* TMCC consumer portfolio includes TMCC and its consolidated subsidiaries
NORTH AMERICAN SHORT-TERM FUNDING PROGRAMS
[] Toyota Motor Credit Corporation (TMCC), Toyota Credit de Puerto Rico Corp.
(TCPR), and Toyota Credit Canada Inc. (TCCI)[+] maintain direct
relationships with institutional commercial paper investors through its
Sales and Trading team , providing each access to a variety of domestic
and global markets through three, distinct 3(a)(3) programs.
[] As of 12/31/2014, TMCC and TCPR commercial paper programs had an
outstanding balance of $27.5 billion. As of 12/31/2014, TMCC and TCPR
commercial paper programs had a weighted average remaining maturity of 80
days.
[] TCCI and TMCC are subsidiaries of Toyota Financial Services Corporation, a
wholly-owned subsidiary of Toyota Motor Corporation.
[] TMCC consolidated financial liabilities include TMCC and its consolidated
subsidiaries, which includes TCPR.
TMCC consolidated financial liabilities comparison
[GRAPHIC OMITTED]
* Figures above do not incorporate the Carrying Value Adjustments.
LET'S GO PLACES
[] In 2017, Toyota Financial Services plans to relocate its headquarters to
Plano, Texas in order to join Toyota Motor Sales, U.S.A., Inc.; Toyota
Motor Engineering and Manufacturing North America, Inc.; and Toyota Motor
North America as the Toyota affiliates unify their respective headquarters
there to create a single, state-of-the-art Toyota headquarters and pursue
the One Toyota vision in North America.
[] Continue to reference the Investor Relations section of
www.toyotafinancial.com , for important information and filings. Forward
looking statements are subject to risks and uncertainties that could cause
actual results to fall short of current expectations. Toyota and its
affiliates discuss these risks and uncertainties in filings they make with
the Securities and Exchange Commission. This presentation does not
constitute an offer to purchase any securities. Any offer or sale of
securities will be made only by means of a prospectus and related
documentation.
The Toyota Financial Services Sales and Trading team engages in direct dialogue
with institutional investors delivering a variety of fixed income products to
meet our clients' investment objectives and risk tolerances. We focus on
providing simple, personal, and proactive service in the execution of all
trades.
Sales and Trading Contacts
Nicholas Ro Darren Marco Jason Katzen
Sales and Trading Manager Region Manager Region Manager
(310) 468-7758 (310) 468-5330 (310) 468-3509
nicholas_ro@toyota. com darren_marco@toyota. com jason_katzen@toyota.com
Jeffrey DeSilva Alec Small Siva Vadlamannati
Funding and Liquidity Analyst Funding and Liquidity Analyst Funding and Liquidity Analyst
(310) 468-1366 (310) 468-7431 (310) 468-3509
jeffrey_DeSilva@toyota. com alec_small@toyota. com siva_Vadlamannati@Toyota.com
|