FY2009 First Quarter Financial Results SUZUKI MOTOR CORPORATION August 3, 2009
Consolidated: Financial Summary Page 2 FY2009 1Q FY2008 4Q 09/4-6 09/1-3 Change FY2008 1Q 08/4-6 Change (Billion Yen) (A) (B) (A)-(B) (C) (A)-(C) Net sales 577.1 670.1-93.0 910.4-333.3 Operating income (Ratio) 6.9 (1.2%) 10.4 (1.6%) -3.5 33.8 (3.7%) -26.9 Ordinary income (Ratio) 12.6 (2.2%) 8.2 (1.2%) +4.4 45.4 (5.0%) -32.8 Net income (Ratio) 2.1 (0.4%) 5.8 (0.9%) -3.7 26.0 (2.9%) -23.9
Consolidated: Net Sales Page 3 Domestic production Domestic sales 910.4 Domestic production Overseas sales Overseas production Overseas sales 404.1 263.6 670.1 275.1 138.4 577.1 253.3 116.4 242.7 256.6 207.4 FY2008 1Q (08/4-6) FY2008 4Q (09/1-3) FY2009 1Q (09/4-6)
Motorcycle Automobile Marine & Power products, etc. Total Page 4 Influence of exchange fluctuations included Domestic total -3.7-38.5-0.5-42.7 Overseas total -75.3-215.1-7.8-298.2-85.9 Europe -31.6-109.9-4.0-145.5-31.6 North America -14.1-39.8-1.9-55.8-8.5 Asia -16.4-31.0-0.4-47.8-37.0 Others -13.2-34.4-1.5-49.1-8.8 Total -79.0-253.6-8.3-340.9-85.9 Influence of exchange fluctuations included Consolidated: Net Sales (Year-to-Year Comparison) Excluding Financial Services business -15.5-69.4-1.0-85.9
Consolidated: Operating Income Page 5 33.8 Decreased by 26.9 billion (-79.7%) y-o-y Profit ratio 3.7% 10.4 Profit ratio 1.6% 6.9 Profit ratio 1.2% FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Ordinary Income Page 6 Decreased by 32.8 billion (-72.3%) y-o-y 45.4 Profit ratio 5.0% 8.2 Profit ratio 1.2% 12.6 Profit ratio 2.2% FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Net Income Page 7 Decreased by 23.9 billion (-91.8%) y-o-y 26.0 Profit ratio 2.9% 5.8 Profit ratio 0.9% 2.1 Profit ratio 0.4% FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Factors of Change in Operating Income Page 8 100 Decrease of Cost reduction +2.1 80 Decrease of R&D expenses +4.8 60 Decrease of operatin g expenses, etc. +52.3 depreciation +9.0 Change in sales, model mix, etc. -73.3 40 20 0 FY2008 1Q Operating income 33.8 Factor of increase (+68.2) Operating income decrease (-26.9) Factor of decrease (-95.1) Fore ign exchange loss -21.8 FY2009 1Q Operating income 6.9 (Change in sales, model mix, etc. includes influence of raw material +5.1)
Consolidated: Foreign Exchange Rates Page 9 FY2009 1Q (09/4-6) FY2008 1Q (08/4-6) U.S. dollar Euro Others 97 yen 135 yen ー 110 yen 161 yen ー Change -13 yen -26 yen ー ForEX loss -2.7 bln yen -6.0 bln yen -13.1 bln yen Total -21.8 bln yen
Consolidated: Capital Expenditures (including amount of main affiliates) 52.9 1.8 Page 10 SUZUKI Subsidiaries Main affiliates 28.7 22.4 36.8 4.2 18.4 14.2 27.7 2.3 15.7 9.7 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Depreciation, R&D Expenses, Interest-Bearing Debt Page 11 720.1 38.3 Financial Services 92.5 included 29.3 24.3 19.5 430.5 Depreciation R&D expenses Interest-bearing debt FY2008 1Q FY2009 1Q FY2008 1Q FY2009 1Q (08/4-6) (09/4-6) (08/4-6) (09/4-6) FY2008 1Q FY2009 1Q (08/6) (09/6)
Consolidated:Cash Flows Page 12 Operating activities +53.8 Investment activities -24.3 Financing activities +31.9 Others +4.0 At beginning of FY2009 427.8 Free cash flow 29.5 Cash and cash equivalents Increased by 65.4 At end of FY2009 1Q 493.2
Consolidated:Cash Flows Page 13 09/4~6 09/1~3 Change 08/4~6 Change (Billion Yen) (A) (B) (A)-(B) (C) (A)-(C) Operating activities 53.8 22.7 +31.1 89.2-35.4 Investment activities -24.3-66.9 +42.6-70.3 +46.0 Free cash flow 29.5-44.2 +73.7 18.9 +10.6 Financing activities 31.9 262.5-230.6-29.2 +61.1 Others 4.0-10.0 +14.0-2.8 +6.8 Total amount of change +65.4 +208.3-142.9-13.1 +78.5
Consolidated: Business Segment Page 14 19.4 159.8 731.2 Net sales 20.3 15.3 81.8 586.9 15.0 12.0 80.9 489.2 Financial Services Marine & Power products, etc. Motorcycle Automobile 3.1 5.9 24.8 Operating income Motorcycle 0.9 1.2 16.9-7.0 Financial Services 0.9 1.3 7.0-2.9 FY2008 1Q FY2008 4Q FY2009 1Q FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6) (08/4-6) (09/1-3) (09/4-6)
159.8 Consolidated: Business Segment - Motorcycle Page 15 Net sales 81.8 80.9 5.9 Operating income ー 7.0-2.9 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Business Segment - Automobile Page 16 731.2 Net sales 586.9 489.2 24.8 Operating income 16.9 7.0 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Business Segment - Marine and Power products, etc. Page 17 19.4 15.3 Net sales 12.0 3.1 Operating income 1.2 1.3 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Geographical Segment Page 18 22.9 212.3 101.5 219.5 528.7 Net sales 17.1 14.1 183.5 35.0 177.3 122.3 47.1 109.3 400.7 331.0 Others Asia North America Europe Japan Operating income 18.2 3.7-3.3-14.8 1.8-2.0-4.2 FY2008 1Q FY2008 4Q FY2009 1Q FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6) (08/4-6) (09/1-3) (09/4-6) 0.8 8.4 1.9-3.2 11.1 0.4 11.2 北米 -1.2
528.7 Consolidated: Geographical Segment - Japan Page 19 Net sales 400.7 331.0 18.2 Operating income ー 3.3-2.0 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
219.5 Consolidated: Geographical Segment - Europe Page 20 Net sales 122.3 109.3 1.9 3.7 1.8 Operating income FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
101.5 Consolidated: Geographical Segment - North America Page 21 Net sales 35.0 47.1 Operating income ー 3.2 ー 4.2 ー 14.8 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
212.3 Consolidated: Geographical Segment - Asia Page 22 183.5 177.3 Net sales 8.4 11.1 11.2 Operating income FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Geographical Segment - Others Page 23 22.9 Net sales 17.1 14.1 0.8 Operating income ー 1.2 0.4 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6)
Consolidated: Number of Consolidated subsidiaries, Equity method affiliates, Employees Page 24 140 139 52,944 51,894 37 37 Consolidated subsidiaries Equity method affiliates Employees FY2008 1Q FY2009 1Q FY2008 1Q FY2009 1Q FY2008 1Q FY2009 1Q (08/6) (09/6) (08/6) (09/6) (08/6) (09/6)
Consolidated: Inventory Page 25 Net sales Inventory Overseas inventory included (07/10-12) (08/1-3) (08/4-6) (08/7-9) (08/10-12) (09/1-3) (09/4-6) 849.9 469.1 (298.6) 923.7 (+73.8) 440.8 910.4 (-13.3) 398.3 809.5 (-100.9) 385.0 614.8 (-194.7) 412.8 (311.9) +13.3 (279.7) -32.2 (255.2) (223.2) -24.5-32.0 670.1 (+55.3) 324.5 (193.3) -29.9 577.1 (-93.0) 303.6 (184.8) -8.5 07/12 08/3 08/6 08/9 08/12 09/3 09/6
Consolidated: FY2009 Forecast (Unchanged from original forecast) Lower earnings on lower sales Page 26 FY2009 Forecast FY2008 Actual Net sales 2,300.0 3,004.8 Operating income 10.0 76.9 Ordinary income 20.0 79.7 Net income 5.0 27.4 ForEX rate US dollar 90 yen 101 yen Euro 115 yen 144 yen
Production: Motorcycle Page 27 Domestic production Overseas production 3,305 Unit: thousands -12.7% 2,885 897 826 616 561 619 576 2,993 2,602 71 55 43 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6) 312 283 FY2008 FY2009 Forecast
Sales: Motorcycle Page 28 Domestic sales Overseas sales Unit: thousands 991 3,350-10.2% 3,007 953 648 622 711 687 3,222 2,890 38 27 24 FY2008 1Q FY2008 4Q FY2009 1Q (08/4-6) (09/1-3) (09/4-6) 128 117 FY2008 FY2009 Forecast
Production: Automobile Page 29 Domestic production Overseas production 2,494 Unit: thousands -7.7% 2,301 683 373 310 575 343 233 564 354 210 1,355 1,139 1,348 953 FY2008 1Q FY2008 4Q FY2009 1Q FY2008 FY2009 (08/4-6) (09/1-3) (09/4-6) Forecast
Sales: Automobile Page 30 Domestic sales Overseas sales 2,306 Unit: thousands -5.0% 2,190 618 611 541 1,641 1,535 456 419 400 161 192 141 665 655 FY2008 1Q FY2008 4Q FY2009 1Q FY2008 FY2009 (08/4-6) (09/1-3) (09/4-6) Forecast
FY2009 First Quarter Financial Results SUZUKI MOTOR CORPORATION
Caution with respect to Forward-Looking Statements The forward-looking statements of this fiscal year mentioned in this document are calculated based on currently available information and assumptions and contain risks and uncertainty. Please note that the actual results may greatly vary by the changes of various factors. Those factors, which may influence the actual results, include economic conditions and the trend of demand in major markets and the fluctuation 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.