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TMC Announces Financial Results for Nine Months Ended December 31, 2011

Wednesday, February 8th, 2012

Toyota City, Japan – Toyota Motor Corporation (TMC) announced financial results for the nine months ended December 31, 2011. On a consolidated basis, net revenues for the nine months totaled 12,881.1 billion yen, a decrease of 10.2 percent compared to the same period last fiscal year. Operating income decreased from 422.1 billion yen to 117.1 billion yen, while income before income taxes* was 197.2 billion yen. Net income** decreased from 382.7 billion yen to 162.5 billion yen.

Operating income decreased by 305.0 billion yen. Major factors contributing to the decrease include the negative effects of marketing activities of 120.0 billion yen and currency fluctuations of 200.0 billion yen.Consolidated vehicle sales for the nine months totaled 4,995 thousand units, a decrease of 522 thousand units compared to the same period last fiscal year.

Commenting on the results, TMC Senior Managing Officer Takahiko Ijichi said: “Despite cost reduction from company-wide Value Analysis activities and a decrease in fixed cost and expenses, net income decreased, compared to the same period last fiscal year due to the impact of reduced sales by the effects of Great East Japan Earthquake, floods in Thailand and the continued Yen appreciation.

In North America, vehicle sales totaled 1,268 thousand units, a decrease of 280 thousand units compared to the same period last fiscal year. Operating income decreased by 99.3 billion yen to 151.8 billion yen, including 37.5 billion yen of valuation gains/losses on interest rate swaps. Operating income, excluding the impact of valuation gains/losses on interest rate swaps, decreased by 122.5 billion yen to 114.3 billion yen.

In Europe, vehicle sales totaled 580 thousand units, an increase of 4 thousand units, while operating income improved by 15.2 billion yen, to 8.5 billion yen. In Asia, vehicle sales totaled 894 thousand units, a decrease of 16 thousand units, while operating income decreased by 61.8 billion yen, to 171.0 billion yen.

Source: http://pressroom.toyota.com/releases/tmc+announces+financial+results+for+nine+months+ended

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Toyota tops car sales for January

Wednesday, February 8th, 2012

toyota-tops-car-sales-for-january-20120203Toyota Australia has kicked-off 2012 with a strong market-leading sales performance despite a severe shortage of its top-selling HiLux.The company was number one in sales of passenger cars, SUVs and light-commercial vehicles for January.

Toyota sold more than 14,000 vehicles for the month, giving it a lead of more than 55 per cent or 5,000 sales over its nearest rival.This was despite fewer than 1,100 HiLux being sold – about one-third the normal level – due to lack of supply.

Toyota Australia’s executive director sales and marketing Matthew Callachor said the overall result showed the strength of Toyota’s diverse range.”Camry celebrated the arrival of the new seventh-generation range with sales up 22 per cent on the same month last year,” he said.

With a new Camry Hybrid due inside two months, the new Camry range is set to extend its 18 consecutive years as Australia’s best-selling medium car.Toyota also had strong results with Kluger and Prado taking the top two positions in the large SUV segment and LandCruiser 200 Series continuing its leadership of the upper-large SUV segment,” Mr Callachor said.

Corolla topped 3,300 sales for the month to be Australia’s second most popular vehicle, while HiAce performed well as the best-selling van and best-selling light bus. Even with low supply, HiLux was the most popular 4×2 ute and we expect all HiLux stock to improve in February and beyond.

Source: http://news.toyota.com.au/toyota-tops-car-sales-for-january

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Outline of Financial Results for FY2011 Third Quarter

Tuesday, February 7th, 2012

Consolidated net sales of the third quarter (April 2011 to December 2011) decreased for the first time in two corresponding periods by ¥129.7 billion (6.7%) to ¥1,798.0 billion year-on-year due to the impact of the Great East Japan Earthquake and the yen appreciation as well as the decrease of automobile sales in India.

Operating income decreased by ¥4.8 billion (5.1%) to ¥87.7 billion year-on-year. Although there were factors of income decrease such as decreased sales and impact of the exchange rate, the Group was able to limit the fall in operating income at this level as a result of taking various measures such as cost reduction and decrease of expenses.

Net income decreased by ¥2.0 billion (4.7%) to ¥40.6 billion year-on-year. Although there were factors of income decrease such as a provision for disaster in the amount of ¥17.5 billion in addition to decreased ordinary income, the Group was able to limit the fall in net income at this level, owing to factors of income increase such as gain on sale of investment securities by ¥9.2 billion from sales of the stock of the company related to General Motors, decrease of minority interests in income by ¥7.0 billion, and other factors of income increase.

In the motorcycle business, although sales in Europe decreased, due to the increase of wholesales in North America, sales increased by ¥2.5 billion (1.3%) to ¥188.8 billion year-on-year. Operating income improved by ¥4.2 billion year-on-year, but due to the impact of the yen appreciation and the floods in Thailand, there was operating loss of ¥2.8 billion.

In the automobile business, the Japanese domestic market sales decreased year-on-year. The Group had great sales of the Solio and had been attempting to expand its sales by strengthening the lineup with the launching of new models such as the Wagon R with Engine Auto Stop Start System and the Alto Eco, but was unable to recover from the decrease due to the impact of the Great East Japan Earthquake. As for the overseas, sales in areas such as Asia, Europe, and North America decreased year-on-year due to the impact of the yen appreciation and sales decrease at Maruti Suzuki Ltd. in India.

Sales of the marine and power products, etc. business increased by ¥1.5 billion (4.6%) to ¥35.0 billion year-on-year, but the operating income decreased by ¥0.4 billion (8.1%) to ¥4.7 billion year-on-year.
As for the operating results by geographical areas, North America returned to profitability from its operating loss of ¥2.5 billion in the same period of the previous fiscal year to operating income of ¥0.3 billion in this period.

Source: http://www.globalsuzuki.com/globalnews/2012/0206.html

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Mazda posts record sales and market share

Monday, February 6th, 2012

mazda3-record-salesMazda Australia has smashed its previous January best with 8,479 sales last month, providing it with an 11.0 per cent market share, according to official VFACTS figures released . This is an increase of 1,279 new vehicles or 17.8 per cent on last January and in addition to its record market share also makes it Mazda’s fourth best month ever.

There were several star performers across the range with Mazda3, Australia’s best-selling car in 2011, picking up where it left off with 4,045 sales to again top the sales charts. This is now the third time in the past year that the Mazda3 has found more than 4,000 buyers in a single month. In the light segment, Mazda2 kept its lead position with 1,624 January sales and its third strongest month ever. This is a 19% increase over the same month last year.

Mazda6 started the new year in style. Recently upgraded with leather upholstery and parking sensors across the range, Mazda6 record 663 sales, its strongest month in over a year. Also vying for the limelight was CX-7 which secured its best ever result with 1,167 sales to claim second place in the hotly contested Medium SUV segment. And with the All-New CX-5 about to hit Australian shores, Mazda is optimistic about achieving further SUV sales success.

Mazda Australia managing director, Doug Dickson said, “We are both delighted and humbled by customer acceptance of our whole range during January. While we are quietly confident of a strong year, particularly with the imminent launch of our all-new CX-5, our primary focus will remain on looking after our customers.

Source: http://www.mazda.com.au/community/news/2012/2/mazda-posts-record-sales-and-market-share

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Consolidated Financial Summary for the Fiscal 3rd Quarter ended

Monday, February 6th, 2012

Tokyo, Japan – Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal third quarter ended December 31, 2011.Despite the enormous impact of the flooding in Thailand to the company’s business and the unfavorable currency effects due to the appreciation of the Japanese yen, consolidated operating income for the fiscal third quarter.

As per the previously announced forecast, the quarterly dividend for the fiscal third quarter will be 15 yen per share of common stock with the record date of December 31, 2011. Despite the negative impact of the Great East Japan Earthquake, the flooding in Thailand, and the appreciation of the Japanese yen, the total annual dividend per share of common stock to be paid for this fiscal year (ending March 31, 2012) is also expected to remain 60 yen as per the previously announced forecast.

With companywide efforts to minimize the negative impacts of the decline in worldwide automobile production because of the Great East Japan Earthquake and the flooding in Thailand, and the historic appreciation of the Japanese yen, Honda made a revision to the forecasts for the consolidated financial results for this fiscal year as follows with:

Net sales and other operating revenue: 7,850 billion yen
Operating income: 200 billion yen
Income before income taxes: 250 billion yen
Net income*1: 215 billion yen

These forecasts are based on the assumption of worldwide automobile sales of 3.15 million units and the average currency exchange rates of 77 yen = USD 1 and 97 yen = Euro 1 for the fiscal fourth quarter and 78 yen = USD 1 and 106 yen = Euro1 for the fiscal year.

Source: http://world.honda.com/news/2012/c120131Financial-Summary/index.html

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