Beruflich Dokumente
Kultur Dokumente
FY2010
(Apri11,2009throughMarch31,2010)
EnglishtranslatjonfromtheonglnalJapanese−Ianguagedocument
(Consolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingpr]nCiplesgenera”yacceptedintheUnitedStatesofAmerica) ”EN臼
EngLishtranslationfromtheongInalJapanese−Ianguagedocument
Mayll,2010
Companyname :ToyotaHobrCorpora朋On
StockexchangesonwhichthesharesareListed :Tokyo,Osaka,Nagoya,SapporoandFukuokaStockExchangesinJapan
Code number :7203
URL :httD://www,tOVOta.CO,iD
Representative :AkioToyoda,President
Contactperson :NaokiKojima,GeneraIManager,AccountingDIVision
Tel.(0565)28−2121
Dateoftheordinarygeneralshareholders’meeting :山ne24,2010
Paymentdateofcashdividends :June25,2010
Filingdateoffinancialstatements :June25,2010
(Amounts are rounded to the nearest mi”ion yen for consolidated resu他)
1・ConsolidatedResultsforFY2010(Apri11,2009throughlVlarch31,2010)
(1)ConsoIidatedfinancialresuJts (%ofchangefrompreviousyear)
lncomebeforeincometaxes
Netincomeattributableto
Netrevenues Operatingincome andequityineamingsof
Toyota Motor Corporation
afRliatedcompanies
Millionyen % Million yen % Mi川0nyen % Mi”ionyen %
FY2010 18,950,973 −7.7 147,516 2gl,468 209,456
FY2009 20,529,570 −21.9 ■61,011 −560,381 ■36,937
Ratioofincomebefore
Netincomeattributable tolt)yOtaMotor Netincomeattributable tolbyotaMotor Ratioofnetincom
incometaxesand
MotorCorporationto equityineamingsof Ratio of operating income
to net revenues
lbyotaMotorCorT)Oration
$hareholde怜’equitY tototalassets
Y岳∩ Yen % % %
FY2010 66.79 66.79 2.1 1.0 0.8
FY2009 −139.13 −139.13 −4.0 −1.8 −2.2
Reference:Equityineamingsofafflliatedcompanies:FY2010 45,408mi”ionyen,FY2009 42,724mi”ionyen
(Note)“NetincomeattributabletoToyotaMotorCorporation”isequivalentto“Netincome”uptoFY2009
(2)ConsoIidatedfinancjalposition
Ratio of lbyotaMotorCorporation
lbyotaMotorCorporation
lbtala$SetS SharehoIders’equity lbyotaMotorCorporation
Shareholders’equity
SharehoIders’equity Pe「Sha「e
2.Ca§hdividonds
Cashdividendspershare
「bblamountof
End of End of End of cash dividends ratio Of
罰椅t SeCOnd third Ⅵ≧ar−end Annual Moto「Co「PO「
(annual)
qua止er qua「ter qua止e「 (∝InSOlidated)
3・Foroca$tOfco帖01idabdresulbforF▼2011(Apri11,2010throu!lhHa化h31,2011)
(%ofchangefromFY2010FirstHalforFY2010)
NetincomeattributabIe
lncomebeforeincometaxes
to Toyota Motor
Net「evenues Operatingincome
andequityineamingsof afRliatedcomanies
p
encomearuaeo lb
−Basic
Millionyen % M皿0nyen % Millionyen % Mi=0nyen % Y岳∩
FY2011FirstHalf
(fo「thesixmon仙$
endi咽Se印embe「 9,400,000 12.2 100,000 130,000 150,000 47.83
30,2010)
FY2011 19,200,000 1.3 280,000 8g.8 330,000 13.2 310,000 48.0 98.85
4.Others
(1)ChangesiワSigniRcantsubsidiahesdu血gFY2010
(ChangeslnSPeCifiedsubsidiarleSthatcausedachangeinthescopeofconsolidation):yeS
New: None ExcJuded:1company(Companyname:XTMCALtd.)
Note:Formoredetails,Pleaseseepage7“2.0verviewofAssociatedCompanies”.
(2)Changesinaccountingprinciples,PrOCedures・anddisc10SUreSduringFY2010
(i)ChangesbyanewlylSSuedaccountingpronouncement:yeS
(ii)Changesotherthan(2)−(i)above:nOne
Note:Formoredetails,Pleaseseepage16“(6)Summaryofsignificantaccountingpolicies”.
(3)Numberofsharesissソedandoutstanding(COmmOnStOCk)
(i)NumberofsharesISSUedandoutstandingattheendofeachfiscalyear(incIudingtreasurystock):FY2010 3,447,997,492shares,
FY2009 3,447,997,492shares
(ii)Numberoftreasurystockattheendofeachfiscalyear:FY2010 312,002,149shares,
FY2009 312,115,017shares
(iii)Averagenumberofsharesissuedandoutstandjn9ineach而scaryear:FY2010 3,135,986.228shares,
FY2009 3,14O,417,338shares
ReIerenco:Ovonバewo†thoUncon$01idさtOd FinさnCialRo§ulb
FY2010UnconsoIidated FinancialResults
(UnconsolidatednnanclaIinformationhasbeenprepa「edin??00rdancewitha∝Ountingprinc.p(esgene「a”yacceptedinJapan)
EnglishtranslationfromtheongLnaIJapanese−1anguagedocument
(Amountslessthanonemi”ionyenareomittedforunconsolidatedresuIts)
1. Uncon$OlidatedresLJltsforFY2010(Apri11,2009throughNarch31,2010)
Reference:EquityattheendofFY2010:6.628,542mi”ionyen,EquityattheendofFY2009:6,644,861millionyen
2. Forecastofunco帽01ida也dro$ul伝ゎrFr2011(Apri11,2010throughMさrCh31,2011)
(%ofchanqefromFY2010FirstHarforFY2010)
Netincomepershare
Netrevenues Ope「atingin∝〉me O「dinaけlnCOme Netinc8me
ーBasic
Mi”ionyen % Million yen % M川ionyen % Mt=0nyen % Y岳n
FY2011FirstHalf
(fo「thesixmo鵬hs
OndingSo印Ombor
30.2010)
FY2011 8,600,000 0.0 −340,000 30,000 60,000 129.1 19.13
CautionaryStatenentwithRespecttoForward−L00kingStatements
TTlisreportcontainsforward−100kingstatementsthatreflectlbyota’sforecastsforconsolidatedandunconsoIidatedresurts.Theseforward−100kingstatements
are not guarantees offuture pe什ormance andinvoIve known and unknown risks,unCerlainties and otherfactors that may causelbyota’s actualresults,
PerforTTlanCe,aChievementsorfinancialpositiontobemateriallydi斤erentfromanyfutureresults.performance.achievementsorlhanclalpositionexpressedor
impliedbytheseforward−Iookingstatements・ThesefactorsincIude:(i)changesineconomjcconditionsandmarketdemanda馳ctingT
.
rates,ParticularlywjthrespecttothevalueoftheJapaneseyen,theU.S.dollar,theEuro,theAustraliando”ar,theCanadiando”arandtheBnishpound;(iii)
Changesinfundingenvironmentinfinancialmartets;(iv)Toyota’sabilitytoreaIizeproductionefficjencjesandtoimplementcapitalexpendituresatthelevelsand
times planned by management;(V)changesin thelaws,regulations and govemment policiesin the marketsin whichlt)yOta OPerateS that a鴨Ctlbyota’s
autOmOtiveoperations・ParticulaHylawヲ・regUlationsandgovemmentpoliciesrelatingtovehiclesafetyincIudingremedialmeasヮressuchasreca”s・trade・
environmentalprotection,VehicJeemiss10nSandvehiclefueleconomy,aSWe”aschangesinlaws.regulationsandgovemmentpolicleSthata侮ctToyot
OPerations,includingtheoutcomeofcurrentandfuturelitigationandotherlegalproceedings,gOVemmentPrOCeedingsandinvestigations;(Vi)politiGalinstabilit
inthemarketsinwhichlbyotaoperates;(Vii)lbyota−sabilitytotimelydeveIopandachievemarketacceptanceofnewproductsthatmeetcustomerdemand;(Viii)
anydamagetolt>yOta’sbrandimage;and(ix)fuelshortagesorintenJPtionsintransportatioワSyStemS,Iaborsthkes・WOrkstoppagesorotherinterruptionsto,Or
difficuItiesin,theempIoymentofJaborinthe majormarketswherelbyotapurchasesmatenals,COmPOnentSandsuppliesfortheproduction ofitsprodu
Whereitsproductsareproduced,distributedorsoId.
Adiscussion ofthese and otherfactorswhich mayafFectlt)yOtaTsactuaIresults,Performance,aChievementsorfinancialpositioniscontainedinToyota’s
annualrepo止OnForm20・Fwhichison刑ewiththeUnitedStatesSecuhtiesandE3(ChangeCommission.
Consolidated面1anCjaIinforTnationin this reportis preparedin accordancewith accounting principles genera”yacceptedin the United States ofAmerica.
CertainpnoryearamountshavebeenreclassifiedtoconformtothepresentationsfortheyearendedMarch31,2010,
2
TOYOTAMOTORCORPOR八丁10N FY2010FinancialSummary
(Consolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
(ii)Financialservices:
Netrevenuesforthefinancialservicesoperationsdecreasedby132.1bi”ionyen,Or9.6%,tO
l,245.4billion yenin FY2010comparedwith FY2009.However,OPeratingInCOmeincreased
318.9bi”ionyento246.9bi”ionyeninFY2010comparedwithFY2009.Thejncreaseinoperating
income was mainly due to decreasesin the provision for credit10SSeS,net Charge−0仔s and
a”owance forresidualvalue10SSeS and the recording ofvaluation galnS Oninterest rate swaps
Statedatfairvaluebysalesfinancesubsidiaries.
(iii)Al10ther:
Net revenuesfora”otherbusinesses decreased by237.3bi”ion yen,Or20.0%,tO947.6
bi”ionyeninFY2010comparedwithFY2009,andoperatinglnCOmedecreasedby18.8bi”ionyen,
toanoperatinglossof8.9billionyeninFY2010comparedwithFY2009.
Geographiclnformation
(i)」apan:
(ii)NorthAmerica:
Netrevenuesin NorthAmericadecreased by552.4bi”ion yen,Or8,9%,tO5,670.5b
yeninFY2010comparedwithFY2009.However,OPeratinglnCOmeincreasedby475.6bi”ionyen
to85.4billion yenin FY2010compared with FY2009.Theincreasein operatinglnCOme WaS
mainJy due to decreasesin the provision for credit10SSeS,net Charge−0斤s and a”owance for
residuaJvalueJosses andthe recording ofvaluation galnS Oninterest rate swaps stated atfair
VaIuebysaJesfinancesubsidiaries,reductioninfixedcosts,andcostreductionefForts.
(iii)Europe:
Netrevenuesin Europedecreased by866.1bi”ionyen,Or28.7%,tO2,147.Obi”ion
FY2010comparedwith FY2009.However,OPerating10SSdecreased byllO.3bi”ionyento33.O
bi”ionyeninFY2010comparedwithFY2009.Thedecreaseinoperating10SSWaSmainlydueto
reductioninfixed costsand costreduction e斤orts,despitedecreasesin both production vo[ume
andvehicIeunitsales.
(iv)Asia:
NetrevenuesinAsiadecreasedby64.Obillionyen,Or2.4%,tO2,655.4billionyeninF
COmParedwith FY2009,However,OPeratinglnCOmeincreased by27.5bi”ion yen,Or15.6%
203.6billion yenin FY2010compared with FY2009.Theincreasein operatinglnCOme
mainIyduetoincreasesinbothproductionvolumeandvehicleunitsales,
(V)Other(CentralandSouthAmeri?a・OceaniaandAfrica):
Net revenuesin otherreg10nSdecreased by209,1bi”ion yen,Orll.1%,tOl,673.8bi”io
yeninFY2010comparedwithFY2009.However,OPeratinglnCOmeincreasedby27.9bi”ionyen,
Or31.9%,tOl15.5billionyeninFY2010comparedwithFY2009.
4
TOY011MOTORCORPORATION FY2010FinancialSummary
(ConsolidatedfinanciaIinformationhasbeenpreparedjnaccordancewithaccountingprinciplesgenerallyacceptedjntheUnitedStatesofAmerica)
(2)ConsolidatedFinancialPositionforFY2010
(3)BasicPolicyontheDistributionofProfitsandtheDistributionofProfitsforFY2010
1byotaMotorCorporation(‘‘TMC”)deemsthebenefitofitsshareholdersasoneofitspriority
management policies,anditis working toimprove corporate structure towards the realization of
SuStainablegrowthinordertoenhanceitscorporatevalue.
TMCwi”strivetocontinuetopaydividendswhileglVlngdueconsiderationtofactorss
businessresultsforeachterm,investmentplansanditscashreserves.
ln order to survive stiff competition,TMC plans to utilizeitsinternalfunds for the early
COmmerCialization oftechno10gleSfo「the next−generation environmentand safety,glVlng Pr10rit
CuStOmerSafetyandsenseofsecurity.
Consideringthesefactors,WithrespecttothedividendsforFY2010,TMCplanstopro
year−enddividendof25yenpershare,andanannualdividendof45yenpershare.combinedwi
theinterimdividendof20yenpershare.
TMC pays dividendstwice a year−aninterim dividend and a year−end dividend−.andin
Orderto secure an opportunityto directlyseekshareholders’opinions,TMCwi”treat payme
year−enddividendsasama恍ertoberesoIvedatthelO6thOrdinaryGenera[Shareholders’Meeting
even though TMC’s articles ofincorporation stipulate that retained earnlngS Can be distributed as
dividendspursuanttotheresolutionoftheboardofdirectors.
ln FY2010.TMCdid notrepurchaseitsownshares,eXCIudingsharesconstitutinglessthan
OneunitthatwerepurchasedbyTMCuponrequest.
Goingforward,inviewoftheunce「tainconditionoftheg10balfinancia.markets,TMCwil
repurchaseitsownsharesforthetimebeingtoprioritizesecunngitscashreserves,
TOY011MOTORCORPORATlON FY2010FinancialSummary
(ConsolidatedfinanciaIinformationhasbeenpreparedinaccordancewithaccountingprinciplesgeneraJlyacceptedintheUnitedStatesofAmerica)
(4)ForecastofConsolidatedFinancialResuItsforFY2011
Forecastofconsolidated resurtsforFY2011
6
TOY01AMOTORCORPORATION FY2010FinancialSummary
(ConsolidatedfinanciaIinformationhasbeenpreparedinaccordancewithaccountingprincipIesgeneralIyacceptedintheUnitedStatesofAmerica)
2.OverviewofAssociatedCompanies
3.ManagementP01icy
(1)Tbyota’sBasicManagementPolicy
“Management PoIicy”has been omitted,aS there were no significant changes from the
mauersdiscIosedinthe“Financia[Summary”forthefiscalyearendedMarch31,2007(releasedo
May9,2007).
Theaforementionedinformationisavailableonthefo”owlngWebsites.
1byotaWebsite:
httD://WWW.tOVOta.CO.iD
TbkyoStockExchangeGroup,lnc.Website(listedcompanysearchpage):
httD://冊〟.tSe.Or.iD/listinq/COmDSearCMndex.html(Japaneseonly)
(2)Medium−andLong−termManagementStrategy
8
TOYOTAMOTORCORPORAT10N FY2010FinancialSumma「y
(Consoridatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
4.Consolidated ProductionandSales
(1)Production
FY2009 FY2010
lncrease
Businesssegment (Apri11,2008through (Apri11,2009through
(Decrease)
March31,2009) Ma「ch31,2010)
」apan 4,254.984 3,956,996 (297,g88)
NorthAmerica 919,125 1,041,833 122,708
Europe 481,512 432,626 (48,886)
Automotive
Asia 946,806 1,021,019 74,213
Othe「 448,605 356,966 (91,639)
Total 7,051,032 6,809,440 (241,592)
Note:1Productionin“Automotive”indicatesproductionunitsofvehicles(new).
2“Other”in“AutomotivePconsistsofCentraIandSouthAmerica,OceaniaandAfrica.
(2)Sales(bydestination)
(Units)
FY2009 FY2010
lnc「ease
Businesssegment (ApriIl.2008through (ApriIl,2009through
(Decrease)
March31.2009) March31,2010)
」apan 1,944,823 2,162,418 217,595
NorthAmerica 2,212,254 2,097,374 (114,880)
Europe 1,061,954 858,390 (203,564)
Automotive
Asia 904,892 979,651 74.759
Other 1,443,433 1,139,329 (304,104)
Total 7,567,356 7,237,162 (330.194)
Note:1Salesin“Automotive”indicatessalesunitsofvehicIes(new).
2KOther”in“Automotive刀consistsofCentralandSouthAmerica.Oceania,AfricaandtheMiddleEast,etC.
9
TOYOTA MOTOR CORPORATlON FY2010 Financial Summary
(Consolidatedfinancjalinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
5.Breakdownofconsolidated netrevenues
(Amount:millionyen)
FY2009 FY2010
lncrease
Businesssegment (Apri11,2008through (Apri11,2009through
(Decrease)
Ma「ch31,2009) Ma「ch31,2010)
Pa「ts&
components for 298,176 355,273 57,097
overseas production
Automotive
Pa「ts 1,575,316 1,543,941 (31,375)
Note:Theamountsrepresentnetrevenuesfromexternalcustomers.
10
TOYO11MOTORCORPORAT[ON FY2010FinancialSummary
(ConsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica)
6.ConsoIidated FinancialStatements
(1)ConsolidatedBalanceSheets
(Amount:miIIionyen)
Assets
Currentassets:
lnvestmentsandotherassets:
Marketablesecuritiesandothersecurities
2,102,874 2,256,279 153,405
investments
Afmiatedcompanies 1,826,375 1,879,320 52,945
EmpIoyeesreceivables 69,523 67,506 (2,017)
Othe「 707,110 730,997 23,887
Totalinvestmentsandotherassets 4,705,882 4,934,102 228,220
Prope什y,P[antandequipment:
Land 1,257,409 1,261,349 3,940
Buildings 3,633,954 3,693,972 60,018
Machine「yandequ.pment 9,201,093 9,298,967 97.874
VehiclesandequlPmentOnOPeratingleases 2,836,881 2,613,248 (223,633)
Constructioninprogress 263,602 226,212 (37,390)
11
TOYOTAMOTORCORPORAT10N FY2010FinancialSummary
(ConsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprincipIesgeneraIlyacceptedintheUnitedStatesofAmerica)
(Amount:mi”ionyen)
Liabilities
Currentliabilities:
Short−termborrowlngS 3,617,672 3,279,673 (337,999)
SharehoIders’equity
ToyotaMotorCorporationshareholders’equity:
Commonstock,nOParValue, 397,050 397,050
authorized:10,000,000,000shares
asofMarch31,2009andMarch31,2010
issued:3,447,997,492shares
asofMarch31,2009andMarch31,2010
Additionalpaid−incapital 501,211 501,331 120
12
TOYO17LMOTORCORPORATlON FY2010FinancialSummary
(Conso‖datedfinancialinforTTlationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
(2)ConsolidatedStatementsoflncome
(Amount:mi”ionyen)
FY2009 FY2010
lncrease
(Fortheyearended (Fortheyearended
(Decrease)
Ma「ch31,2009) M訂Ch31,2010)
Netrevenues:
Costsandexpenses:
Costofproductssold 17,468,416 15,971,496 (1,496,920)
13
TOYO11MOTORCORPORAT10N FY2010FinanciaISummary
(ConsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgeneralIyacceptedintheUnitedStatesofAmerica)
(3)Conso[idatedStatementsofShareholders’Equity
(Amount:miIIionyen)
FY2009(FortheyearendedMarch31,2009)
Accumulated Othe「 T「easu「y ¶)也11byota
equity
Balances8tMa「Ch31,2008 397,050 497,569 12,408.550 (241,205) (1,1g2,437) 11,869,527 656,667 12,526.194
Equiけt帽nSaCtionwith
(30,645) (30,645)
noncontro”lnginterestsandother
lssuancedurngtheyear 3,642 3,642 3,642
Comprehensive10SS:
Net10SS (436.937) (436,g37) (24,278) (461,215)
Othercomprehensiveincome
(10SS)
Pu「Chaseandreissuanceof
(68.458) (68,458) (68,458)
common stock
(Amount:millionyen)
FY2010(FortheyearendedMarch31.2010)
1b由11byota
Common Addit」0nal
¶)tal
Ammulated Othe「 Treasu「y
Paid−in St∝火 Moto「 Co「po帽tion Non∞ntrOlling Sha「eholders’
lnte「eSt
StOCk CaPi也l eamlngS COmPrehensIVe income(10SS atcost Sha「eholde椅■ equi吋
equity
)
Purchaseandrei$$UanCeOf
470 470 470
common stock
14
TOYOTAMOTORCORPOR〝「10N FY2010FinancialSummary
(ConsolidatedfinancialinfomationhasbeenpreparedinaccordancewithaccountingprinciplesgeneraIIyacceptedintheUnitedStatesofAmerica)
(4)ConsolidatedStatementsofCashF10WS
(Amount:mi”ionyen)
FY2009 FY2010
(Fortheyearended (Fortheyearended
Ma「ch31,2009) Ma「ch31,2010)
Cashf10WSfromoperatingactivities:
Netincome(10SS) (461,215) 244.212
Adjustmentstoreconcilenetincome(loss)tonetcash
PrOVidedbyoperatingactivities
Depreciation 1,495,170 1,414.569
ProvisionfordoubtfulaccountsandcreditIosses 257,433 100,775
Pensionandseverancecosts,lesspayments (20,958) 1,254
Lossesondisposa10ffixedassets 68,682 46.937
Unrealized10SSeSOnaVailable−for−Salesecurities,net 220,920 2,486
Deferredincometaxes (194,990) 25,537
Equityinearningsofafmiatedcompanies (42,724) (45,408)
ChangesinoperatingassetsandIiabilities,andother 154,587 768,168
Netcashprovidedbyoperatingactivities 1,476,905 2,558,530
Cashf]owsfrominvestingactivities:
Additionstofinancereceivables (8,612,111) (7.806,201)
Co”ectionofandproceedsfromsaIesoffinancereceivabIes 8,155,094 7,517,968
Additionsto触edassetsexcludingequlPmentleasedtoothers (1,364,582) (604,536)
AdditionstoequlPmentleasedtoothers (960,315) (833,065)
ProceedsfromsaTesoffixedassetsexcIudingequIPment
47,386 52,473
leased to others
ProceedsfromsalesofequIPmentIeasedtoothers 528,749 465,092
Purchasesofmarketablesecuritiesandsecurityinvestments (636,030) (2,412,182)
Proceedsfromsalesofandmaturityofmarketablesecuritiesand
1,475,877 1,108,741
SeCurityinvestments
PaymentforadditionaIinvestmentsinafRliatedcompanies,
netofcashacquired (45) (1,020)
Changesininvestmentsandotherassets,andother 135,757 (337,454)
Netcashusedininvestingactivities (1,230,220) (2,850,184)
Cashf]owsfromfinanclngaCtivities:
Proceedsfromissuanceof10ng−termdebt 3,506,990 3,178,310
Paymentsof10ng−termdebt (2,704,078) (2,938,202)
lncrease(decrease)insho「t−termborrowings 406,507 (335,363)
Dividendspaid (439,991) (172,476)
Purchaseofcommonstock,andother (70,587) (10,251)
Netcashprovidedby(usedin)financingactivities 698,841 (277,982)
Note:lntheConsolidatedStatementsofCashFIows,CaShandcashequlValentsincIudecashonhand,bankdepositsthatcanbewithdrawnat
anytimeandshort−teminvestmentsthatcanbeconvertedintocashatanytimeandcarryminimaIriskofchangeinvaIue.
(5)EventsandConditionswhichIndicatetherecouIdbeSubstantialDoubtaboutGoingConcernA
None
15
TOY01nMOTORCORPORAT[ON FY2010Financia[Summary
(ConsoIidatedfinanciaIinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica)
(8)Segmentlnformation
(j)SegmentOperatingResultsandAssets
FY2009(AsofandfortheyearendedMa「ch31,2009)
(Amount:mi”ionyen)
lntersegment
Eliminationand/0「
Automotive FinancialServices Al10ther Consolidated
Unal10Cated
Amount
Netrevenues:
FY2010(AsofandfortheyearendedMa「ch31,2010)
(Amount:mi”ionyen)
lntersegment
Eliminationand/Or
Automotive FinancialServices Al10ther Consolidated
Unal10Cated
Amount
Netrevenues:
17
TOY0171MOTORCORPORAT10N FY2010FinancialSummary
(Conso[idatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
Assets
(Non−financialservices)
Currentassets:
CashandcashequIValents 1,648,143 1,338,821 (309,322)
Marketablesecurities 494,476 1,783,629 1,289,153
Tradeaccountsandnotesreceivable,
1,404,292 1,908,884 504,592
lessa”owancefordoubtfulaccounts
lnventories 1,459,394 1,422,373 (37,021)
Prepaidexpensesandothercurrentassets 1,534,119 1,793,622 259,503
lbtaIcurrentassets 6,540,424 8,247,329 1,706,905
lnvestmentsandotherassets 4,254,126 4,549,658 295,532
Prope止y,Plantandequipment 5,504,559 4,996,321 (508,238)
Total assets 16,299,109 17,793,308 1,494,199
(Financialservices)
Currentassets:
CashandcashequIValents 796,137 526,925 (269,212)
Marketablesecurities 850 9,536 8,686
Financereceivables,net 3,891,406 4,209,496 318,090
Prepajdexpensesandothercurrentassets 790,901 653,798 (137.103)
Totalcurrentassets 5,479,294 5,399,755 (79,539)
Noncurrentfinancereceivables,net 5,655,545 5,630,680 (24,865)
lnvestmentsandotherassets 599,701 529,938 (69,763)
Prope止y,Plantandequipment 1,897,122 1,714,580 (182,542)
Total assets 13,631,662 13,274,953 (356,709)
(Elimination)
(Consolidated)
Note:Assetsinthenon−financiaIservicesincludeunalIocatedcorporateassets.
18
TOYOTAMOTORCORPORATlON FY2010FinancialSummary
(ConsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenerallyacceptedintheUnitedStatesofAmerica)
(Amount:mi”ionyen)
FY2009 FY2010 lnc「ease
(AsofMarch31,2009) (AsofMarch31,2010) (Decrease)
Liabilities
(Non−financialservices)
Currentliabilities:
Sho「t−termborrowlngS 825,029 575.890 (249,139)
CurrentportionofJong−termdebt 115,942 289,447 173,505
Accountspayable 1,299,523 1,954,147 654,624
Accruedexpenses 1,432,988 1,627,228 194,240
lncome taxes payable 47,648 140,210 92,562
OthercurrentJiabilities 944,303 931,727 (12,576)
lbtalcurrentIiabiLities 4,665,433 5,518,649 853,216
Long−termliabiIities:
Long−termdebt 850,233 1,095,270 245,037
Accruedpensionandseverancecosts 629,870 672,905 43,035
Other10ng−termliabilities 444,529 604,903 160,374
lbtal10ng−termliabilities 1,924,632 2,373,078 448,446
Total liabilities 6,590,065 7,891,727 1,301,662
(FinanciaIservices)
CurrentliabiIities:
Short−termborrowlngS 3,370,981 3,118,938 (252,043)
Currentportionoflong−termdebt 2,640,104 1,968,908 (671,196)
AccountspayabIe 10,001 13,063 3,062
Accruedexpenses 111,766 113,559 1,793
lncome taxes payable 3,650 13,177 9,527
Othercurrentliabilities 515,166 519,011 3,845
lbtalcurrentIiabilities 6,651,668 5,746,656 (905,012)
Long−termliabilities:
Long−termdebt 5,592,641 6,060,349 467,708
Accruedpensionandseverancecosts 4,742 5,772 1,030
Otherlong−termliabilities 491,397 433,641 (57,756)
Totallong−termliabilities 6,088,780 6,499,762 410,982
Total liabilities 12,740,448 12,246,418 (494,030)
(Elimination)Eliminationofliabilities (869,213) (719,301) 149,912
(ConsoIidated)TotaIIiabilities 18,461,300 19,418,844 957,544
SharehoIders’equity
(Consolidated)
lbtalToyotaMotorCorporationshareholders’ 10,061,207 10,359,723 298,516
equiけ
19
TOY0171MOTORCORPORAT10N FY2010FinanciaISummary
(ConsoIidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprincipIesgeneraIlyacceptedintheUnitedStatesofAmerica)
(FinancialseNices)
Netrevenues 1,377,548 1,245,407 (132,141)
Costsandexpenses: 1,ヰヰ9,495 998,480 (451,015)
Costofrevenues 994,191 716,9g7 (277,194)
Netincome(loss)attributableto
(68,388) 125,453 193,841
ToyotaMotorCorporation
(Elimination)
(Consolidated)
20
TOYO’TAMOTORCORPOR〝「lON FY2010FinanciaISummary
(Consolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
21
TOYOTAMOTORCORPORATlON FY2010FinancialSummary
(Consolidatedflnancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
(Amount:millionyen)
FY2009 FY2010
(Fortheyearended (Fortheyearended
Ma「ch31,2009) March31.2010)
(FinanciaIservices)
Cashf]owsfromoperatingactivities:
Netincome(10SS) (66,384) 128,106
Adjustmentstoreconcilenetincome(10SS)tonetcash
PrOVidedbyoperatingactivities
Depreciation 389,937 348,820
ProvisionfordoubtfulaccountsandcreditIosses 259,096 98,870
Pensionandseverancecosts,Iesspayments 470 1,199
Lossesondisposa10ffixedassets 136 276
Deferred income taxes (62,871) 39,759
EquityinIossesofaffiliatedcompanies 10,502 64,536
Changesinoperatingassetsandliab‖ities,andother 186,234 133,275
Netcashprovidedbyoperatingactivities 717,120 814,841
Cashf10WSfrominvestingactivities:
Additionstofinancereceivab[es (14,230,272) (13,492,119)
Co”ectionofandproceedsfromsaIesoffinancereceivabIes 13,959,045 13,107,531
AdditionstofixedassetsexcIudingequipmentleasedtoothers (6,064) (5,382)
AdditionstoequIPmentleasedtoothers (877,904) (768,720)
ProceedsfromsaIesoffixedassetsexcIudingequipmentIeased
6,101 6,403
toothers
ProceedsfromsalesofequIPmentleasedtoothers 472,853 428,424
Purchasesofmarketablesecuritiesandsecurityinvestments (217,688) (101,270)
ProceedsfromsaIesofandmaturityofmarketabAesecuritiesand
180,316 95,960
SeCurityinvestments
Changesininvestmentsandotherassets,andother (2,091) 102,497
Netcashusedininvestingactivities (715,704) (626,676)
Cashf10WSfromfinancIngaCtivities:
ProceedsfromissuanceofIong−termdebt 3,030,029 2,733,465
Paymentsof10ng−termdebt (2,580,637) (2,926,308)
hcrease(decrease)inshon−termborrowings 239,462 (251,544)
Netcashprovidedby(usedin)financingactivities 688,854 (444,387)
E仔ectofexchangeratechangesoncashandcashequIValents (49,579) (12,990)
Netincrease(decrease)incashandcashequivalents 640,691 (269,212)
CashandcashequivalentsatbeginnlngOfyear 155,446 796,137
CashandcashequIValentsatendofyear 796,137 526,925
Note:lntheConsolidatedStatementsofCashF10WS,CaShandcashequivalentsincIudecashonhand,bankdepositsthatcanbewithdraw
anytimeandshon−terminvestmentsthatcanbeconve止edintocashatanytimeandcarTYminima]riskofchangeinvalue.
22
TOY01nMOTORCORPORAT10N FY2010FinanciaISummarY
(Consolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedintheUnitedStatesofAmerica)
(iv)OverseasSales
FY2009(FortheyearendedMarch31,2009)
(Amount:mi”ionyen)
llConsolidatedsales 20,529,570
”lRatioofoverseassales % % % % %
to consolidated sales 30.7 13.9 12.3 16.7 73.6
FY2010(FortheyearendedMarch31,2010)
(Amount:mi”ionyen)
llConsolidatedsales 18,950.973
IllRatioofoverseassales % % % % %
Note:“Other’consistsofCentralandSouthAmerica,Oceania,AfricaandtheMiddleEast,etC.
24
TOYOTAMOTORCORPORAT10N FY2010FinancialSummary
(UnconsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgeneraJlyacceptedinJapan)
7.Unconsolidated FinancialStatements
(1)BalanceSheets
(Amount:miIlionyen)
Assets
Currentassets
Cash and deposits 24,067 43,181 19,114
Trade accounts receivable 565,881 1,108,417 542,536
Marketablesecurities 1,223,909 2,177,316 953,407
Finishedgoods 89,164 120,817 31,653
Work in process 112,289 72,720 (39,569)
RawmaterialsandsupplleS 77.856 59,653 (18,203)
Propeny,Plantandequipment
Buildings.net 437,187 412,666 (24,521)
Structures,net 50,760 46,802 (3,958)
MachineryandequlPment,net 405,650 291,059 (114,591)
25
TOYOTAMOTORCORPORATlON FY2010FinancialSummary
(UnconsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprincipJesgeneralIyacceptedinJapan)
(Amount:mi”ionyen)
LiabiIities
Current liabilities
Trade notes payable 585 894 309
Trade accounts payable 520,731 1,023,947 503,216
Currentportionof10ng−termborrowlngS 150,000 150,000
Currentportionofbonds 50,000 50,000
Otherpayables 376,129 297,681 (78,448)
Accruedexpenses 448,887 634,221 185,334
Depositsreceived 122,901 352,914 230,013
○・【he「s 14,482 25,540 11,058
Totalcurrentliabilities 1,483,718 2.535,200 1,051,482
Long−termliabilities
Bonds 450,000 530,000 80,000
Long−termborrowJngS 300,000 363,185 63,185
A”owanceforretirementbenefits 274,445 270,635 (3,810)
Others 3,581 14,063 10,482
Totallong−termliabilities 1,028,026 1,177,884 149,858
Total liabilities 2,511,745 3,713,084 1,201,339
Net assets
Shareholders’equity
Common stock 397,049 397,049
Capitalsu「plus
Capita[reserve 416,970 416,970
OthercapitaIsurplus 1,287 1,132 (155)
Retained earnings
Legal reserve 99,454 99,454
OtherretainedearnlngS
Reserveforlossesonoverseasinvestments 25 12 (12)
ReserveforreductionofacquISitioncostof
8,451 8,462
fixedassets
Generalresen/e 6,340,926 6,340,926
RetainedeamlngSCarriedforward 550,634 405,130 (145,504)
TotalretainedearnJngS 7,002,065 6,855,777 (146,287)
ValuationandtransIationadjustments
NetunreaJizedgalnSOnOthersecurities 106,158 236,133 129,974
DeferredhedgegalnSOrIosses 517 186 (331)
26
TOY01AMOTORCORPORATION FY2010FinanciaISummary
(Unconsolidatedfinancia=nformationhasbeenpreparedinaccordancewithaccountingprincipIesgeneraIIyacceptedinJapan)
(2)Statementsoflncome
(Amount:millionyen)
FY2009 FY2010
lnc「ease
(Apri11,2008through
(Decrease)
Ma「ch31,2009) Ma「ch31,2010)
Netrevenues 9,278,483 8,597,872 (680,611)
Non−OPerating.ncome
Non−OPeratingexpenses
lnterestexpenses 7,858 14,839 6,981
Others 262,511 128,966 (133,545)
27
TOYOTAMOTORCORPORAT10N FY2010FinancialSummary
(UnconsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenerallyacceptedinJapan)
(3)Changesinnetassets
(Amount:miIIionyen)
FY2009 FY2010
(Apri11,2008through (Apri11.2009through
Ma「ch31,2009) Ma「ch31,2010)
Shareholders’equity
Common stock
BaIanceattheendofpreviousperiod 397,049 397,049
Balanceattheendofcurrentperiod 397,049 397,049
Capital surplus
CapitalreseNe
BaIanceattheendofpreviousperiod 416,970 416,970
Balanceattheendofcurrentperiod 416,970 416,970
OthercapitaIsurpIus
Balanceattheendofpreviousperiod 1,287
Changesofitemsduringtheperiod
Reissuanceofcommonstock 1,287 (155)
BaIanceattheendofcurrentpehod 25 12
ReseNeforspeciaIdepreciation
Balanceattheendofpreviousperiod 2,453 2,573
Changesofitemsduringtheperiod
Appropriationtoreserveforspecialdepreciation 1,031 379
Reversa10freseNeforspecialdepreciation (910) (1,160)
Totalchangesofitemsduringtheperiod 120 (781)
28
TOYOTAMOTORCORPORAT[ON FY2010FinancialSummary
(Unconsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenera”yacceptedinJapan)
(Amount:millionyen)
FY2009 FY2010
(Apri11,2008through (Ap川1,2009through
March31,2009) Ma「ch31,2010)
ReseNeforreductionofacqulSitioncostoffixedassets
Balanceattheendofpreviousperiod 8,497 8,451
Changesofitemsduringtheperiod
AppropriationtoreserveforreductionofacqulSitioncost
Offixedassets 30
Reversalofreserveforreductionofacquisitioncostof
fixed assets (46) (19)
TotaIchangesofitemsduringtheperiod (46)
Reversa10freseNeforreductionofacqulSitioncostof
19
fixedassets
4(∋
29
TOYOTAMOTORCORPORAT10N FY2010FinancialSummary
(UnconsolidatedfinancialinformationhasbeenpreparedinaccordancewithaccountingprinciplesgenerallyacceptedinJapan)
(Amount:mi”ionyen)
FY2009 FY2010
(Apri11.2008through (Apri11,2009through
Ma「ch31,2009) Ma「ch31,2010)
Valuationandtranslationadjustments
NetunrealizedgalnSOnOthersecurities
Balanceattheendofpreviousperiod 310,604 106,158
Changesofitemsduringtheperiod
Netchangesofitemsotherthanshareholders’equity (204,445) 129,974
Totalchangesofitemsduringtheperiod (204,445) 129,974
Balanceattheendofcurrentperiod 106,158 236,133
DeferredhedgegalnSOrlosses
Balanceattheendofpreviousperiod 867 517
Changesofitemsduringtheperiod
Netchangesofitemsotherthanshareholders’equity (349) (331)
30