1 Copyright(C) 2013 Isuzu Motors Limited All rights reserved FY2013 3Q Financial Results FY2013 3Q Financial Results February 8, 2013 February 8, 2013
1 Copyright(C) 2013 Isuzu Motors Limited All rights reserved
FY2013 3Q Financial ResultsFY2013 3Q Financial Results
February 8, 2013February 8, 2013
2 Copyright(C) 2013 Isuzu Motors Limited All rights reserved
ContentsContents
Ⅰ. FY2013 3Q OutlineFY2013 3Q OutlineDirector : Toshio Sasaki
Ⅱ. FY2013 3Q Financial SummaryFY2013 3Q Financial SummaryExecutive Officer : Masayuki Fujimori
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 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 for any losses and liabilities that may be incurred because of the information in this presentation.
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Ⅰ. FY2013 3Q OutlineFY2013 3Q Outline
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FY13 1-3Q FY12 1-3Q ChangesNet Sales 1,185.8 964.5 221.3
Operating Income 90.3 64.2 26.1Ordinary Income 94.9 66.5 28.4
Net Sales 64.7 48.7 16.0
FY2013 3Q Consolidated ResultsFY2013 3Q Consolidated Results-- YearYear--onon--year Comparison year Comparison --
( JPY Bil. ) FY13 3Q FY12 3Q Changes
Net Sales 405.7 306.4 99.3Operating Income 33.0 20.4 12.6Ordinary Income 34.5 21.3 13.2
Net Income 22.6 15.0 7.6
【9 months 】
※FX:FY2013 3Q: 80JPY/$
FY2012 3Q: 78JPY/$
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ⅡⅡ--1. Market Information1. Market Information
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Japan
25 30
464636
6
997
15
2020
13
18
2
Oceania
4
6
3022 20
34
Asia
50
1329
3844
52
77
Europe 19
China
252541
4032
438
21
35
32
10
5
CV Global ShipmentCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--units units --
25
2955
413
15111616
25
15
1814
33455
3
5
71 2
2012 15
6611 123 22
556 8
: 1HFShipment FY11 FY12 FY13
3Q 62,819 75,172 66 ,577
1-3Q 194,097 193,660 202 ,024
: 3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q ’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
46
Mid-South America
North America
Mid-East/Africa
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Japan Industry Sales and Isuzu ShareJapan Industry Sales and Isuzu Share-- H/D, M/D Truck:4ton or aboveH/D, M/D Truck:4ton or above
(Share)(Unit)
(Unit) (Share)Oct-Dec
Apr-Dec
5,9464,271
28.3%
35.3%
0
4,000
8,000
12,000
16,000
20,000
'12/3 3Q '13/3 3Q
0%
10%
20%
30%
40%
15,104
16,861
+39.2%ISUZUISUZU
ISUZUShare
+11.6%
11,01516,710
34.3%
28.3%
0
10,000
20,000
30,000
40,000
50,000
'12/3 1-3Q '13/3 1-3Q
0%
10%
20%
30%
40%
+51.7%ISUZUISUZU
ISUZUShare
+25.5%
48,788
38,866
8 Copyright(C) 2013 Isuzu Motors Limited All rights reserved
Japan Industry Sales and Isuzu ShareJapan Industry Sales and Isuzu Share-- L/D(2L/D(2--3ton) Truck3ton) Truck --
(Share)Apr-Dec
Oct-Dec
(Unit)
(Unit) (Share)
21,12317,091
39.1% 38.5%
0
10,000
20,000
30,000
40,000
50,000
60,000
'12/3 1-3Q '13/3 1-3Q
5%
15%
25%
35%
45%
55%
43,728
54,827
+23.6%ISUZUISUZU
ISUZUShare
+25.4%
6,5076,071
35.9% 36.3%
0
4,000
8,000
12,000
16,000
20,000
'12/3 3Q '13/3 3Q
0%
10%
20%
30%
40%16,905 17,922
+7.2%ISUZU ISUZU
ISUZUShare
+6.0%
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13
Oceania
12Asia
9231
8
Europe China
20
116
13
LCV Global ShipmentLCV Global Shipment-- Vehicle and KDVehicle and KD--SET, etc: KSET, etc: K--units units --
138
2616
12 55
14
1717620
7119
16163
1618662222
7
12
25
3
12196
7474
53
149
195195
24
3233
14144646
1447
5
61039
212 1
: 1HF
: 3Q
Shipment FY11 FY12 FY133Q 85,997 41,179 107,191
1-3Q 265,169 204,228 304,756
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q ’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q ’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q ’11/3 1-3Q ’12/3 1-3Q ’13/3 1’13/3 1--3Q3Q
5
Mid-East/ Africa
Mid-South America
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PickPick--up truck monthly sales up truck monthly sales in Thailandin Thailand
(K-Unit)
9.9
4.7
2.0
7.5
10.2
16.8
18.9
15.4
17.6
14.5
13.4
16.0
10.6
14.313.1
10.910.610.7
11.910.9
9.9
12.1
10.911.7
10.8
11.8
19.519.8
17.9
15.714.8
15.6
12.1
0
2
4
6
8
10
12
14
16
18
20
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
FY11 FY12 FY13
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Industrial EngineIndustrial Engine Global ShipmentGlobal Shipment-- KK--UnitsUnits--
~1.1 1.6 2.2 2.4 3.0 5.2 7.8 9.8 15.7 ℓ
C(IDI) C(DI) 4L 4J 4H 6H 6U 6W
6356
15
54
70
35
17
14
36
34
46
24
0
20
40
60
80
100
120
'08/3 '09/3 '10/3 '11/3 '12/3 '13/3
98
74
30
90
104
70
3Q
1HF
Industrial Engine
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ⅡⅡ--2. 2. FY2013 3Q Financial SummaryFY2013 3Q Financial Summary
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( JPY Bil. ) FY13 3Q FY 12 3Q Changes
Net Sales 405.7 306.4 99.3Operating Income 33.0 20.4 12.6Ordinary Income 34.5 21.3 13.2
Net Income 22.6 15.0 7.6
FY2013 3Q Consolidated ResultsFY2013 3Q Consolidated Results((Oct.Oct.--Dec. 2012Dec. 2012))-- YearYear--onon--year Comparison year Comparison --
※FX: FY2013 3Q: 80JPY/$FY2012 3Q: 78JPY/$
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FY2012 3Q vs. FY2013 3Q FluctuationsFY2012 3Q vs. FY2013 3Q Fluctuations-- Consolidated operating income: analysis of change, JPY:Bil.Consolidated operating income: analysis of change, JPY:Bil.
12.6
2.4
33.0
20.4
9.6
-0.41.3
0.9-1.2
Operating Income for FY12 3Q Operating Income for FY13 3Q
FX
Material C
ost R
eduction
Sales/Model M
ix
Effect of previous FY(Loss on disaster/ Fixed cost)
Fixed Cost
Fluctuation
Steel, Oil Price
etc. Fluctuations
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FY2013 3Q Consolidated ResultsFY2013 3Q Consolidated Results((Oct.Oct.--Dec. 2012)Dec. 2012)-- Ordinary income, Net income, YearOrdinary income, Net income, Year--onon--year year --
Operating Income Change 12.6* Equity in Earnings of Affiliates 1.2* FX gain and loss, Other -0.6
Total 13.2
Ordinary Income 34.5* Extraordinary Profit and Loss -0.4* Tax and minority interests -11.5
Net Income 22.6
OrdinaryIncom
eExtra Profit /
Loss etc.
( JPY Bil. ) FY13 3Q FY12 3Q ChangesNet Sales 405.7 306.4 99.3
Operating Income 33.0 20.4 12.6
Ordinary Income 34.5 21.3 13.2
Net Income 22.6 15.0 7.6
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