FY2010 First Quarter Financial Results SUZUKI MOTOR CORPORATION 3 August 2010
Consolidated: Financial Summary Page2 FY2010 1Q FY2009 1Q (2010/4-6) (2009/4-6) Change Net sales 656.3 577.1 +79.2 +13.7% Operating income (Ratio) 31.9 (4.9%) 6.9 (1.2%) +25.0 +365.6% 30.6 Ordinary income 12.6 (Ratio) (4.7%) (2.2%) 2%) (4 7%) Net income 15.2 2.1 (Ratio) (2.3%) (0.4%) +18.0 +143.5% +13.1 1 +608.8% 8%
Consolidated: Net Sales 577.1 656.3 (+79.2) Page3 44% 253.3 Overseas production Overseas sales 262.3 (+9.0) 40% 20% 116.4 Domestic production Overseas sales 155.4 (+39.0 +39.0) 24% Domestic production 238.6 36% 207.4 Domestic sales 36% (+31.2) FY2009 1Q ('09/4-6) FY2010 1Q ('10/4-6)
Consolidated: Net Sales Year-on-Year Comparison Excluding Financial Services business Marine & Power Motorcycle Automobile products, etc. Total Page4 (Effect of ForEX rates Conversion) Domestic total -1.0 +32.7 +0.3 +32.0 Overseas total -10.1 +56.8 +1.3 +48.0-10.1 Europe -1.8-10.7 +0.1-12.4-13.0 North America -18.1-4.1 +0.3-21.9-0.8 Asia +7.0 +53.3 +0.2 +60.5-0.1 Others +2.8 +18.3 +0.7 +21.8 +3.8 Grand total -11.1 +89.5 +1.6 +80.0-10.1 (Effect of ForEX rates Conversion) -0.8-9.0-0.3-10.1
Consolidated: Operating Income Page5 25.0( 0(+365.6%) 6%) increase in profit 31.9 49% 4.9% 6.9 12% 1.2% Profit ratio FY2009 1Q ('09/4-6) FY2010 1Q ('10/4-6)
Consolidated: Ordinary Income Page6 18.0(+143.5%) increase in profit 30.6 12.6 2.2% Profit ratio 4.7% FY2009 1Q ('09/4-6) FY2010 1Q ('10/4-6)
Consolidated: Net income Page7 13.1( 1(+608.8%) 8%) increase in profit 15.2 2.3% 2.1 0.4% Profit ratio FY2009 1Q ('09/4-6) FY2010 1Q ('10/4-6)
40 Consolidated: Factors of Change in Operating Income Page8 30 Cost reduction +3.7 Decrease of expenses +1.6 Effect of ForEX rate -3.0 Increase of R&D expenses -2.3 Increase of depreciation -1.2 20 10 Change in sales, model mix +26.2 Factors of increase (+31.5) Factors of decrease (-6.5) FY2010 1Q Operating income 31.9 FY2009 1Q Operating income 69 6.9 0 Increase in profit (+25.0) (Change in sales, model mix includes effect of raw material prices -3.2)
Consolidated: Foreign Exchange Rates Page9 U.S. Dollar Euro Others FY2010 1Q 92 Yen 118 Yen ー ('10/4-6) FY2009 1Q 97 Yen 135 Yen ー ('09/4-6) Change -5 Yen -17 Yen ー Effect of ForEX rates -0.8 08bln.Yen -3.5 35bln.Yen +1.3 bln.yen Total -3.0 bln.yen
Main affiliates Subsidiaries Consolidated: Capital Expenditures (including CAPEX of main affiliates) 27.7 23 2.3 15.7 40.8 (+13.1) 1.1 (-1.2) 12) 27.3 (+11.6) Page10 SUZUKI 9.7 FY2009 1Q ('09/4-6) 12.4 (+2.7) FY2010 1Q ('10/4-6)
Consolidated: Depreciation, R&D Expenses, Interest-Bearing Debt balance Page11 30.5 720.1 520.3 29.3 including including Financial Financial 21.8 Services Services 92.5 61.7 19.5 Depreciation R&D expenses Interest-bearing debt balance FY2009 1Q FY2010 1Q FY2009 1Q FY2010 1Q ( 09/4-6) ( 10/4-6) ( 09/4-6) ( 10/4-6) FY2009 1Q FY2010 1Q ( 09/6) ( 10/6)
Consolidated: Cash Flows Page12 At beginning of period Investing activities Operating -47.6 activities +132.8 Financing activities -19.8 Free cash flow 85.2 Cash and cash equivalents Increased by 52 0 583.55 Increased by 52.0 Others -13.4 At end of period 635.5
Consolidated: Cash Flows Page13 '08/10-1212 '09/1-3 '09/4-6 '09/7-99 '09/10-1212 '10/1-3 '10/4-6 Operating activities iti Investing activities -106.8 +22.7 +53.8 +102.7 +73.5 +96.4 +132.8-76.6-66.9-24.3-45.2-188.2-24.6-47.6 FCF -183.4-44.2 +29.5 +57.5-114.7 +71.8 +85.2 Financing activities +7.2 +262.5 +31.9-48.2 +19.8 +99.9-19.8 Others -4.1-10.0 +4.0-6.5 +5.3 +5.4-13.4 Total amount of change -180.3 +208.3 +65.4 +2.8 28-89.6 +177.1 1 +52.0
Consolidated: Operating Results by Business Page14 15.0 12.0 80.9 Net sales 12.22 12.7 69.8 Financial Services Marine & Power products, etc. Operating income 0.7 1.7 Motorcycle 489.2 575.9 Financiali Services 0.9 Marine & 32.0 Automobile 1.3 7.0-2.9 Power products, etc. Motorcycle -1.8 FY2009 1Q FY2010 1Q FY2009 1Q FY2010 1Q ( 09/4-6) ( 10/4-6) ( 09/4-6) ( 10/4-6)
Consolidated: Operating Results by Business Page15 (Motorcycle) 80.9 69.8 (-13.7%) Net sales income income -2.9-1.8 18 FY2009 1Q ('09/4-6) FY2010 1Q ('10/4-6)
489.2 Consolidated: Operating Results by Business Page16 (Automobile) 575.9 (+17.7%) Net sales 7.0 income FY2009 1Q ('09/4-6) 32.0 (+359.8%) income FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Business Page17 (Marine and Power products, etc.) 12.0 12.7 (+5.5%) Net sales 1.3 income FY2009 1Q ('09/4-6) 1.7 (+34.1%) income FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Business Page18 (Financial Services) 15.0 12.2 (-18.7%) Net sales 0.9 FY2009 1Q ('09/4-6) income 07 0.7 (-28.0%) income FY2010 1Q ('10/4-6)
Consolidated: Page19 Operating Results by Geographic Areas Net sales Operating income 19.5 14.1 1.0 Others 233.5 177.3 Asia 11.5 26.1 47.1 North 86.4 America 4.0 109.3 0.4 Europe 399.2 331.0 Japan 11.2 1.8-2.0-4.2 North America 15.8-1.0 FY2009 1Q FY2010 1Q FY2009 1Q FY2010 1Q ( 09/4-6) ( 10/4-6) ( 09/4-6) ( 10/4-6)
Consolidated: Operating Results by Geographic Areas (Japan) Page20 331.0 399.2 (+20.6%) Net sales 15.8-2.0 20 FY2009 1Q ('09/4-6) income income FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Geographic Areas (Europe) Page21 109.3 86.4 (-20.9%) Net sales 1.8 4.0 (+119.1%) 1%) FY2009 1Q ('09/4-6) income income FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Geographic Areas Page22 (North America) 47.1 Net sales 26.1 (-44.5%) -4.2 42 FY2009 1Q ('09/4-6) income income -1.0 FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Geographic Areas (Asia) Page23 233.5 (+31.7%) 177.3 Net sales 11.5 11.2 (+2.9%) FY2009 1Q ('09/4-6) income income FY2010 1Q ('10/4-6)
Consolidated: Operating Results by Geographic Areas (Others) Page24 19.5 (+37.9%) 14.1 Net sales 0.4 1.0 (+182.3%) FY2009 1Q ('09/4-6) income income FY2010 1Q ('10/4-6)
Consolidated:Consolidated subsidiaries, Equity method affiliates and Employees Page25 139 139 51,894 52,446 Number of Consolidated subsidiaries bidi i 37 36 Number of Equity method affiliates Number of Employees FY2009 1Q FY2010 1Q FY2009 1Q FY2010 1Q FY2009 1Q FY2010 1Q ( 09/6) ( 10/6) ( 09/6) ( 10/6) ( 09/6) ( 10/6)
Consolidated: FY2010 Forecast (There is no change from the original forecast) Sales and earnings remain unchanged from the previous fiscal year FY2010 FY2009 Page26 Forecast Actual result Net sales 2,500.0 0 bln.yen 2,469.1, bln.yen Operating income 80.0 bln.yen 79.4 bln.yen Ordinary income 95.0 bln.yen 93.8 bln.yen Net income 30.00 bln.yen 28.9 bln.yen ForEX rates U.S. Dollar 90 Yen 93 Yen Euro 115 Yen 131 Yen
Motorcycle Production Page27 Others Asia North America Europe (Unit: thousands ) 1st quarter Full year 619 842(+36.0%) 34 2,902 175 2,989 Forecast 2522 47 2542 2,542 2512 2,512 521 1 6 43 756 Japan 45 FY2009 1Q FY2010 1Q 1 6 3 20 162 4 20 201 FY2009 FY2010 Forecast ( 09/4-6) ( 10/4-6) ( 09/4-10/3) ( 10/4-11/3) (+3.0%)
Motorcycle Sales Page28 (Unit: thousands ) 1st quarter Full year 3,137(+4.0%) Forecast 3,017 Others Indonesia PRC North America Europe Japan 711 171 115 334 27 39 24 822(+15.7%) 192 128 431 17 33 20 699 472 1,585 79 104 0 78 FY2009 1Q FY2010 1Q FY2009 FY2010 Forecast ( 09/4-6) ( 10/4-6) ( 09/4-10/3) ( 10/4-11/3)
Automobile Production Page29 (Unit: thousands ) 1st quarter Full year 2,545 2,684( (+5.5%) 55%) Forecast Asia Europe Japan 564 698(+23.9%) 9%) 1406 1,406 1,508 387 308 180 166 46 41 210 270 959 1,010 FY2009 1Q FY2010 1Q FY2009 FY2010 Forecast ( 09/4-6) ( 10/4-6) ( 09/4-10/3) ( 10/4-11/3)
Automobile Sales Page30 1st quarter Full year (Unit: thousands ) 2,482(+5.7%) 2,349 534 Forecast Others India North America Europe Japan 541 115 197 11 76 141 610(+12.8%) 146 243 8 61 152 871 41 281 622 FY2009 1Q FY2010 1Q FY2009 FY2010 Forecast ( 09/4-6) ( 10/4-6) ( 09/4-10/3) ( 10/4-11/3)
Quarterly Performance (Net sales, Operating income) Page31 FY2008( 08/4-09/3) FY2009( 09/4-10/3) FY2010( 10/4-11/3) <Net sales> 910.4 809.5 614.8 670.1 577.1 604.5 597.2 690.3 656.3 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q <Operating income> 33.8 26.9 24.9 29.6 31.9 10.4 18.0 5.8 6.9 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
Quarterly Performance ( Production ) Page32 FY2008( 08/4-09/3) FY2009( 09/4-10/3) FY2010( 10/4-11/3) <Motorcycle> 897 935 857 616 619 727 793 762 842 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q <Automobile> 683 639 596 575 564 586 663 733 698 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
FY2010 First Quarter Financial Results SUZUKI MOTOR CORPORATION
Caution with respect to Forward-Looking Statements The forward-looking statements mentioned in this document are calculated based on currently available information and assumptions and contain risks and uncertainty. t 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.