《鈴木汽車Suzuki Motor（7269）2023財年第二季度財報「TSE」（英文版）（35頁）.pdf》由會員分享，可在線閱讀，更多相關《鈴木汽車Suzuki Motor（7269）2023財年第二季度財報「TSE」（英文版）（35頁）.pdf（35頁珍藏版）》請在三個皮匠報告上搜索。

1、FY2023 Second Quarter Financial ResultsSUZUKI MOTOR CORPORATIONNovember 7,2023Representative Director and President Toshihiro Suzuki Suzuki Motor Corporation,2023.All rights reserved.2/35Financial SummaryFY2023 2Q Results Summary of 1H(April-September)Net Sales,Operating Profit,Ordinary Profit:Recor

2、d-highTailwind of the weak yenCalming of raw material prices+Overcoming semiconductor shortage andmaintaining production normalizationImprovement of changes in sales compositionincluding price revision Summary of Q2(July-September)Operating profit for Q2 was 129.7 billion yen:an increase of about 30

3、 billion yen compared to Q1Improvement of unit volume increase,change in sales structure,etc.Quality improvement initiatives(reduction of quality-related costs)CoverAccelerate sowing seeds for the future(growth investment)(Increase in R&D expenses and Depreciation Expenses)Solid management of operat

4、ions,based on philosophy of conduct“Three Actuals”Increased profit even as growth investments such as Capex and R&D expenses accelerateContinue these efforts without ending temporarily Suzuki Motor Corporation,2023.All rights reserved.3/35Forecast for the FY2023 Upward revision based on 1H results a

5、nd updates to 2H plans Operating profit is expected to reach a record 430 billion yen(the previous record was 374.2 billion yen in the FY2017)Key AssumptionsUnit sales:Market conditions and uncertainties have been factored inR&D and fixed costs1H:We factored in expenses with business promotion as th

6、e top priority,butslightly below plan(bad profit increase against plan)2H:We factored in expenses with business promotion as the top priority,continuously.Full Year Forecast SummaryStrengthen PDCA within the companyClosely follow the progress of the business planSteady implementation of sowing seeds

7、 for the future(growth investment)Major RiskIn addition to the situation in Ukraine,the situation in Palestine has deepened.Increase instability in world affairs.Suzuki Motor Corporation,2023.All rights reserved.4/35Shareholder Return DividendThe interim dividend was 55 yen per share(up 5 yen from 5

8、0 yen in the previous fiscal year)Acquisition of treasury shares20 billion yen(8.3%return ratio)implemented in 1HShareholder ReturnShareholder return is one of the important management issuesOur policy is to pay a continuous and stable dividend,and we will consider improving the total return ratio S

9、uzuki Motor Corporation,2023.All rights reserved.5/35Second Quarter Results .(6-15)ContentsDirector and Senior Managing Officer Masahiko NagaoFY2023 Second Quarter Financial ResultsHighlights .6Quarter Results .7Factors of Change in Operating Profit .8Operating Results by Segment .9Production and Sa

10、les Volume of Automobiles .10-14Production and Sales Volume of Motorcycles .15Full Year Forecast.(16-20)Highlights .16Factors of Change in Operating Profit .17-18 Production and Sales Volume of Auto.and MC.19-20 Suzuki Motor Corporation,2023.All rights reserved.6/35RatioNet Sales2,564.4 2,217.5+346.

11、9+15.6%Record-high,increased for the 3rd consecutive periodOperating Profit 229.5 164.3(Margin)(8.9%)(7.4%)Ordinary Profit241.0 192.3(Margin)(9.4%)(8.7%)Profit129.3 115.1(Margin)(5.0%)(5.2%)US Dollar141 yen134 yen+7 yen+5.2%Euro153 yen139 yen+15 yen+10.6%Indian Rupee1.72 yen1.72 yen-Automobile1,5351

12、,463+72+4.9%Motorcycle958966-8-0.8%CashDividendsInterim CashDividends Per Share55 yen50 yen+5 yenRecord-high interim dividendRecord-high,increased for the 3rd consecutive period+14.2+12.4%2nd all-time,increased for the 3rd consecutive period+48.6+25.3%GlobalSales Volume(Thousand units)FY2023(23/4-9)

13、FY2022(22/4-9)(Billions of yen)RecordChangeRecord-high,increased for the 3rd consecutive periodConsoli-datedFinancialResults+65.1+39.6%FX Rates*1 Record comments refer to the second quarter evaluation *2 Profit attributable to owners of parentFY2023 Second Quarter ResultsHighlights*1*2 Suzuki Motor

14、Corporation,2023.All rights reserved.7/3554.544.647.644.874.589.8102.683.699.8129.7845.4828.2900.7994.11,063.41,154.11,195.31,228.81,208.91,355.50.050.0100.0150.01Q2Q3Q4Q1Q2Q3Q4Q1Q2Q0.0400.0800.01,200.0(Operating Profit)(Billions of yen)FY2021FY2022FY2023FY2023 Second Quarter ResultsTrends in Operat

15、ing Results by QuarterOperating ProfitNet Sales(Net Sales)Suzuki Motor Corporation,2023.All rights reserved.8/35Labor costs-15.7Marketing costs-3.1Quality-related costs +5.8Operating Profit+65.1*3Breakdown for Fixed cost,etc.*3Change in volume,Change in volume,mix/price,etc.mix/price,etc.+67.7+67.7*

16、1*1 Breakdown for Change in volumeNon-Consolidated+26.0Maruti Suzuki India+8.2FY2023 Second Quarter ResultsFactors of Change in Operating Profit:6 months(Apr.-Sep.period)*2 Breakdown for Change in mix/price etc.*2Maruti Suzuki India+22.6Non-Consolidated+13.4FY2022Apr.-Sep.Changein volumeChange inmix

17、/price etc.Effect ofFX ratesChange in price ofraw materialsIncrease ofFixed cost,etc.Increase of depreciation expensesIncrease of R&D expensesCost Reduction(billions of yen)Excluding external factors：+33.5FY2023Apr.-Sep.Suzuki Motor Corporation,2023.All rights reserved.9/35AutomobileOperating Result

18、s by SegmentMotorcycleFY2022Change inmix/price etc.Effect ofForEX ratesCost ReductionChange in price ofraw materialsIncrease ofFixed Cost,etc.Increase of depreciation expensesIncrease of R&D expensesChangein volume22/4-9FY2023 Second Quarter ResultsOperating Results by SegmentMarineChange inmix/pric

19、e etc.Effect ofForEX ratesCost ReductionChange in price ofraw materialsIncrease ofFixed Cost,etc.Decrease of depreciation expensesIncrease of R&D expensesChangein volumeChange inmix/price etc.Effect ofForEX ratesCost ReductionChange in price ofraw materialsIncrease ofFixed Cost,etc.Increase of depre

20、ciation expensesDecrease of R&D expensesChangein volumeYoYYoYMarginYoYYoYMarginAuto.2,317.9+18%197.2+54%8.5%1,231.3+20%113.8+59%9.2%Moto.179.7+2%16.2+6%9.0%93.3+4%9.7+40%10.4%Marine61.3-11%14.6-26%23.8%27.9-19%5.4-49%19.2%Others5.5-3%1.5+22%27.9%3.0+1%0.8+32%27.4%Total2,564.4+16%229.5+40%8.9%1,355.5

21、+17%129.7+44%9.6%23/4-923/7-9SalesOperating profitSalesOperating profit(Billions of yen)FY202323/4-9FY202222/4-9FY202323/4-9FY202222/4-9FY202323/4-9Operating Profit+69.1Operating Profit+0.9Operating Profit-5.2 Suzuki Motor Corporation,2023.All rights reserved.10/35451 472 64 77 988 989 102 64 FY2022

22、FY2023284 313 74 112 814 889 136 86 155 136 FY2022FY2023EuropeOf whichCBUs:4001,606Japan(Thousand units)-2(-0.1%)FY2023 Second Quarter global salesFY2023 Second Quarter global sales+72(+4.9%)1,463IndiaOthers(Thousand units)EuropeJapanIndiaAsia1,6031,535Of whichCBUs:465 22/4-9 23/4-9Production Result

23、Sales ResultVolumeGlobal Sales1,535+72+4.9%Japan313+29+10.2%Europe112+38+50.6%India889+75+9.2%Asia(excl.India)86-51-37.0%Indonesia38-4-9.5%Pakistan18-39-68.0%Thailand6-3-34.2%Others23-4-15.0%Others136-19-12.2%(Thousand units)Year-on-yearProduction and Sales Volume of AutomobilesGlobal22/4-9 23/4-9As

24、iaOthers Suzuki Motor Corporation,2023.All rights reserved.11/35軽自動車+29(+10.2%)237 258 47 55 FY2022FY2023Mini-vehicleSub-compact and standard-sized vehicle284313(Thousand units)Second Quarter ResultSales Volume of AutomobilesJapan 22/4-9 23/4-9From this fiscal year,we have been revising prices in li

25、ne with specification changes.Reflected higher raw material prices,in addition to higher costs due to improved specifications and equipment.(Thousand units)FY23 2QMini-vehicle136124+12121+15Spacia3024+627+3Hustler2417+816+8Others8284-278+32826+227+1(YoY)(QoQ)Sub-compact andstandard-sized vehiclevs F

26、Y22 2Qvs FY23 1QImproved model mixPrice RevisionSince August,the impact of the semiconductor shortage has been resolved.As a result,in addition to the overall number of units,production and sales of relatively expensive models increased.Sales units in 2Q Suzuki Motor Corporation,2023.All rights rese

27、rved.12/35121 73 433 419 7 7 164 306 70 68 20 15 FY2022FY2023889MiniCompactUV*2VansLCV*1Mid-size814Note.The left graph shows wholesale sales including commercial vehicles,excluding OEMs*1 LCV=Light Commercial Vehicles *2 UV=Utility Vehicles13.0%12.5%11.1%13.9%14.9%16.5%18.0%20.8%21.0%24.6%23.7%21.6%

28、41.7%41.0%40.6%42.5%44.0%39.5%41.4%42.9%40.6%43.2%43.3%41.5%22/1022/1122/1223/123/223/323/423/523/623/723/823/9Total passenger car shareChanges in Suzukis Market Share in India2Q Sales in IndiaDue to the effect of the aggressive introduction of SUV models,it was the top market share in the SUV segme

29、nt22/4-923/4-9SUV shareSecond Quarter Result(Thousand units)Sales Volume of AutomobilesIndia+75(+9.2%)For more information on topics related to the Indian Automobile Business,please refer to materials of the JMS(Japan Mobility Show)conference held on October 24,2023.LinkJapan Mobility Conference 202

30、3 Update on the Indian Market Situation and Outlook of SuzukiJapan Mobility Conference 2023 Update on the Indian Market Situation and Outlook of Suzuki(with transcripts)Suzuki Motor Corporation,2023.All rights reserved.13/3542 38 58 18 10 9 7710610 7 FY2022FY202313686Sales Volume of AutomobilesEurop

31、e/Asia(excluding India)10 19 9 15 8 13 813662 3 32 44 FY2022FY202374112EuropeAsia(excluding India)IndonesiaPakistanThailandPhilippinesOthers(Thousand units)GermanyItalyUKOthersFranceSpain-51(-37.0%)(Thousand units)38(+50.6%)22/4-9 23/4-922/4-9 23/4-9HungaryVietnam15 16 15 22 24 25 19 20 26 30 28 32

32、1Q2Q3Q4Q1Q2QJapan ProductionHungary ProductionOEM(Thousand units)FY2022 FY2023Sales by production siteSupplies from Japan recovered.Topics of EuropeTopics of AsiaIn Pakistan,with the easing of restrictions on the import of parts,we are making efforts to ensure stable operations,although the producti

33、on volume is small.Suzuki Motor Corporation,2023.All rights reserved.14/3562 53 171314216249FY2022FY2023MiddleEastLatin AmericaAfricaOceaniaSales Volume of AutomobilesOther Regions-19(-12.2%)(Thousand units)155136 FY2023 Second Quarter salesSecond Quarter Result22/4-9 23/4-9(Thousand units)VolumeYea

34、r-on-yearAfrica49-13-20.4%South Africa25-1-4.0%Angola6+2+67.8%Cote dIvoire6+1+15.8%Egypt3-7-69.2%Ethiopia2-6-73.5%Middle East21+7+52.3%Saudi Arabia10+5+113.7%Oceania13-4-23.2%Australia9-3-27.0%Latin America53-9-15.0%Mexico18-3-15.0%Chile8-2-15.9%Colombia5-6-57.4%Suzuki Motor Corporation,2023.All rig

35、hts reserved.15/355553223814844743995743FY2022FY2023242218231917350413442382112100FY2022FY2023969966 FY2023 Second Quarter global salesEuropeAsiaNorthAmericaJapanOthersAsiaNorthAmericaJapanOthers980958Production and Sales Volume of MotorcyclesGlobal(Thousand units)-8(-0.8%)(Thousand units)Production

36、 ResultSales Result+11(+1.1%)22/4-9 23/4-922/4-9 23/4-9VolumeGlobal Sales958-8-0.8%Japan22-2-9.9%Europe23+6+31.4%North America17-2-10.9%India413+62+17.8%Asia（excl.India)382-59-13.4%China229-16-6.7%Phillipines80-19-19.1%Others74-24-24.6%Others100-12-10.8%Latin America91-11-10.4%Others9-2-14.5%（Thousa

37、nd units）Year-on-yearIndiaIndia Suzuki Motor Corporation,2023.All rights reserved.16/35*Profit attributable to owners of parentFY2023FY2022(23/4-24/3)(22/4-23/3)RatioFY2023ChangeNet Sales5,200.0 4,641.6+558.4+12.0%record-high5,000.0+200.0Operating Profit430.0 350.6 360.0(Margin)(8.3%)(7.6%)(7.2%)Ord

38、inary Profit450.0 382.8 370.0(Margin)(8.7%)(8.2%)(7.4%)Profit*240.0 221.1 210.0(Margin)(4.6%)(4.8%)(4.2%)US Dollar141 yen136 yen+5 yen+4.0%134 yen+7 yenEuro152 yen141 yen+11 yen+7.8%148 yen+4 yenIndian Rupee1.72 yen1.70 yen+0.02 yen+1.2%1.64 yen+0.08 yenAutomobile3,1883,000+188+6.3%3,181+7Motorcycle

39、1,8801,867+12+0.7%1,919-39Annual cashdividends per shareComparison with previous forecast(Aug.)+70.0+80.0+30.0100 yen or more-+18.9+8.5%record-highGlobalSales Volume(Thousand units)Cash Dividends-100 yen-FX Rates(Billions of yen)ChangeRecordConsoli-datedFinancialResults+79.4+22.7%record-high+67.2+17

40、.6%record-highFull Year ForecastHighlights Suzuki Motor Corporation,2023.All rights reserved.17/35Full Year ForecastFactors of Change in Operating ProfitCompared with FY2022Changein volumeChange inmix/price etc.Effect ofFX ratesChange in price ofraw materialsIncrease ofFixed cost,etc.Increase of dep

41、reciation expensesIncrease of R&D expensesCost Reduction(billions of yen)Excluding external factors：+39.4Change in volume,Change in volume,mix/price,etc.mix/price,etc.+111.5+111.5FY2022Operating Profit+79.4+45.0+50.0+61.5+35.0-70.0-12.7-24.4-5.0350.6430.0FY2023Forecast Suzuki Motor Corporation,2023.

42、All rights reserved.18/35Full Year ForecastFactors of Change in Operating ProfitCompared with August00(Aug.)FY2023Forecast(Nov.)FY2023ForecastChangein volumeChange inmix/price etc.Effect ofFX ratesChange in price ofraw materialsDecrease of Fixed cost,etc.depreciation expensesR&DexpensesCost Reductio

43、n(billions of yen)+42.0+50.0+61.5+35.0-70.0+15.0Excluding external factors：+13.0Operating Profit+70.0-12.0+20.0-5.0+10.0Change in volume,Change in volume,mix/price,etc.mix/price,etc.+8.0+8.0360.0430.0 Suzuki Motor Corporation,2023.All rights reserved.19/35954 993 1,004 1,019 142 170 166 165 2,114 2,

44、100 2,204 2,145 0 0 0 0 FY22FY23FY23FY233,3753,263627 680 687 685 171 236 236 222 1,903 1,989 1,974 1,998 299 281 284 283 FY22FY23FY23FY23OthersAsiaEuropeJapanAsiaJapanEurope3,210(Thousand units)3,0003,3293,181Production3,188Sales3,1863,3293,188AsiaJapanEuropeOthers(Thousand units)Of whichCBUs:887 J

45、apanEuropeAsiaOthersForecast(May)Forecast(Aug.)Forecast(Nov.)Full Year ForecastProduction and Sales Volume of AutomobilesForecast(May)Forecast(Aug.)Forecast(Nov.)YoY +119(+3.7%)vs Previous Forecast -46(-1.4%)YoY +188(+6.3%)vs Previous Forecast +7(+0.2%)Of whichCBUs:972 Of whichCBUs:977 Of whichCBUs:

46、987 Others Suzuki Motor Corporation,2023.All rights reserved.20/3546 55 55 45 31 43 40 41 32 33 33 33 1,536 1,594 1,589 1,557 223 215 201 205 FY22FY23FY23FY23111 123 121 119 3 5 4 4 1,698 1,784 1,750 1,701 102 59 67 65 FY22FY23FY23FY23AsiaJapanOthersNorth AmericaNorth AmericaAsiaOthers1,9141,867Asia

47、EuropeJapanOthers1,8891,9191,880NorthAmerica1,942ProductionYoY -25(-1.3%)vs Previous Forecast -53(-2.7%)Sales1,9711,9411,8891,880Full Year ForecastProduction and Sales Volume of MotorcyclesForecast(May)Forecast(Aug.)Forecast(Nov.)Forecast(May)Forecast(Aug.)Forecast(Nov.)(Thousand units)YoY +12(+0.7%

48、)vs Previous Forecast -39(-2.0%)(Thousand units)JapanNorthAmericaEuropeJapanAsiaOthers Suzuki Motor Corporation,2023.All rights reserved.21/35Appendix Suzuki Motor Corporation,2023.All rights reserved.22/35FY2023(23/4-9)FY2022(22/4-9)ChangeFY2023(23/4-9)FY2022(22/4-9)ChangeFY2023(23/4-9)FY2022(22/4-

49、9)ChangeFY2023(23/4-9)FY2022(22/4-9)ChangeFY2023(23/4-9)FY2022(22/4-9)ChangeJapan total594.0539.5+54.511.013.2-2.11.91.9+0.05.55.7-0.2612.4560.2+52.2+54.8Suzuki brand544.5496.5+48.011.013.2-2.11.91.9+0.05.55.7-0.2562.9 517.2+45.7OEM49.543.0+6.549.543.0+6.5Overseas total1,723.9 1,427.6+296.3168.7162.

50、7+5.959.566.9-7.51,952.0 1,657.3+294.7+42.5+98.2Europe289.8168.3+121.524.820.7+4.09.913.2-3.3324.6202.3+122.3+30.5+103.7N.America0.30.3-0.123.126.5-3.432.538.7-6.255.965.5-9.6+2.5-6.6Asia1,161.1 1,008.7+152.489.585.5+4.06.85.2+1.71,257.4 1,099.4+158.0-3.9+15.5India1,023.9822.7+201.256.944.5+12.30.40

51、.4+0.01,081.2867.6+213.6+72.1Others137.1186.0-48.832.641.0-8.36.44.8+1.6176.2231.8-55.5-3.9-56.6Others272.7250.3+22.431.330.0+1.210.29.9+0.3314.2290.2+24.0+13.3-14.4Grand total2,317.9 1,967.1+350.8179.7175.9+3.861.368.8-7.55.55.7-0.22,564.4 2,217.5+346.9+42.5+152.9+35.0+4.9+2.5+42.5Othersvolumechang

52、eof whicheffect ofFX ratesconversionTotalof which effect ofFX rates conversion（Billionsof yen）AutomobileMotorcycleMarineNote:North America:United States and CanadaAutomobile in North America:Sales of parts and accessoriesFY2023 Second Quarter ResultsNet Sales Suzuki Motor Corporation,2023.All rights

53、 reserved.23/35Labor costs-7.2Marketing costs-1.7Quality-related costs +7.1Operating Profit+39.8*3Breakdown for Fixed cost,etc.*3Change in volume,Change in volume,mix/price,etc.mix/price,etc.+40.7+40.7*1*1 Breakdown for Change in volumeExcluding external factors：+19.8Non-Consolidated+12.8Maruti Suzu

54、ki India+4.8FY2023 Second Quarter ResultsFactors of Change in Operating Profit:3 months(Jul.-Sep.period)(billions of yen)*2 Breakdown for Change in mix/price etc.*2Non-Consolidated +11.4Maruti Suzuki India +9.5FY2022Jul.-Sep.FY2023Jul.-Sep.Changein volumeChange inmix/price etc.Effect ofFX ratesChang

55、e in price ofraw materialsIncrease ofFixed cost,etc.Increase of depreciation expensesIncrease of R&DexpensesCost Reduction Suzuki Motor Corporation,2023.All rights reserved.24/35Exchange sensitivity*Impact amount(yen)(yen)(yen)(%)(bln yen)(bln yen)Euro153139+15+10.6%+1.2+13.2Mexican Peso 8.136.66+1.

56、47+22.1%+0.4+9.6Sterling Pound178163+15+9.0%+0.4+4.0US Dollar141134+7+5.2%+0.7+3.7Indian Rupee1.721.72-+1.9-South African Rand7.568.23-0.67-8.1%+0.2-2.0Pakistan Rupee0.490.65-0.16-24.6%+0.1-2.4Others*-+0.7+2.1Total+5.8+28.1*Others Polish Zloty+1.3bln yen,Indonesian Rupiah+0.5 bln yen etc.*Exchange s

57、ensitivity Represents the impact on operating profit when the rate of each currency increased by 1%yen from the previous second quarterFY2023(23/4-9)FY2022(22/4-9)Effect of ForEX ratesin operating profitChangefrom FY2022FY2023 Second Quarter ResultsForeign Exchange Rates Suzuki Motor Corporation,202

58、3.All rights reserved.25/35(Non-consolidated)29.0 bln yen32.9 bln yen-3.9 bln yen(Subsidiaries)105.8 bln yen98.8 bln yen+6.9 bln yen134.7 bln yen131.7 bln yen+3.0 bln yen92.5 bln yen78.1 bln yen+14.4 bln yen108.4 bln yen95.4 bln yen+13.0 bln yenR&D ExpensesChangeCapital ExpendituresDepreciation Expe

59、nsesFY2023(23/4-9)FY2022(22/4-9)FY2023(23/9)(22/9)Change(23/3)Change767.2 bln yen744.1 bln yen+23.1 bln yen763.8 bln yen+3.4 bln yen118119-1120-23132-132-172,44470,7461,69870,0122,432FY2022Q4EmployeesFY2022Interest-Bearing Debt balanceConsolidated SubsidiariesEntities accounted for using equity meth

60、odFY2023 Second Quarter ResultsCapital Expenditures,etc.Suzuki Motor Corporation,2023.All rights reserved.26/35+74.1+69.2-7.4+150.8+8.6+187.6-61.8-70.8-25.0-145.1-35.9-188.8+33.3-6.3+6.1-1.5-34.7-28.9+12.3+12.3-1.51.5-32.432.4+5.6+5.6-27.427.4-1.21.2-300.0-200.0-100.0+0.0+100.0+200.0+300.0Operating

61、C/FInvesting C/FFinancing C/FFree C/F1Q2Q3Q4Q1Q2QOperating C/F+74.1+69.2-7.4+150.8+8.6+187.6Investing C/F-61.8-70.8-25.0-145.1-35.9-188.8Free C/F+12.3-1.5-32.4+5.6-27.4-1.2Financing C/F+33.3-6.3+6.1-1.5-34.7-28.9(of which divided payout*)(-22.5)(-13.6)(-24.3)(+0.2)(-24.5)(-20.3)Cash balance921.5917.

62、1874.0882.1849.9823.0FY2022FY2023(Billions of yen)*Including dividends paid to non-controlling interestsFY2022FY2023FY2023 Second Quarter ResultsCash Flows(Quarterly trends)Suzuki Motor Corporation,2023.All rights reserved.27/35FY2023 Second Quarter ResultsOperating Results by Geographic RegionOpera

63、ting Results by Geographic RegionChange inmix/priceetc.Effect ofFX ratesCost ReductionChange in price ofraw materialsIncrease of Fixed Cost,etc.Increase of depreciation expensesIncrease of R&D expensesChangein volumeChange inmix/priceetc.Effect ofFX ratesCost ReductionChange in price ofraw materials

64、Increase ofFixed Cost,etc.Increase of depreciation expensesChangein volumeChange inmix/priceetc.Effect of FX ratesCostReductionChange in price ofraw materialsIncrease of depreciation expensesDecrease of R&D expensesChange involumeYoYYoYMarginYoYYoYMarginJapan1,342.5+17%122.7+25%9.1%697.7+18%57.5+27%

65、8.2%Europe441.6+62%13.8+302%3.1%229.8+62%5.3+349%2.3%Asia1,422.7+14%123.8+91%8.7%765.3+18%80.4+91%10.5%Others198.0-3%7.3-42%3.7%98.0-2%2.4-49%2.5%Total2,564.4+16%229.5+40%8.9%1,355.5+17%129.7+44%9.6%23/4-923/7-9SalesOperating profitSalesOperating profit(Billions of yen)JapanAsiaEuropeFY202222/4-9FY2

66、02323/4-9FY202222/4-9FY202323/4-9FY202323/4-9FY202222/4-9Increase ofFixed Cost,etc.Operating Profit+24.4Operating Profit+10.4Operating Profit+59.2 Suzuki Motor Corporation,2023.All rights reserved.28/35Note.The above figures are for reference purpose only as financial results of Maruti Suzuki India

67、are based on IndAS(Indian IFRS).Rupees(Billions of Rupees)*1Yen Conversion(Billions of yen)Net Sales663.9538.3+125.51,141.8926.0+215.9Operating Profit*262.333.1107.256.9(Margin)(9.4%)(6.1%)(9.4%)(6.1%)Profit before taxes80.840.3139.069.2(Margin)(12.2%)(7.5%)(12.2%)(7.5%)Profit after taxes62.931.5108

68、.254.2(Margin)(9.5%)(5.8%)(9.5%)(5.8%)EX rate1.72 yen1.72 yen-Domestic*3918853+65Exports*3133133-0Total1,050985+65FY2022(22/4-9)Consoli-dated+29.2+50.3+40.5+69.7+31.4+54.0Whole-sales(Thousandunits)ChangeChangeFY2023(23/4-9)FY2023(23/4-9)FY2022(22/4-9)*1 Results shown in Rupees are consolidated resul

69、ts announced by Maruti Suzuki India on October 27*2 Operating Profit is calculated by using the following formula:Operating Profit=Sales of product+Other operating revenues-Total Expenses+Finance costs*3 Domestic and exports include OEM unitsFY2023 Second Quarter ResultsOperating Results of Maruti S

70、uzuki India Suzuki Motor Corporation,2023.All rights reserved.29/355.2 3.8 2.2 2.9 3.8 4.2 3.6 5.5 6.8 5.4 6.6 5.2 9.2 10.5 11.0 8.6 9.2 5.4 21.9 17.9 16.4 18.3 20.2 21.2 18.2 23.8 26.0 23.9 20.2 27.9 34.3 34.5 33.0 32.8 33.4 27.9 0510152025303540024681012141618201Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q

71、Trends in Marine Operating Results(Billions of yen)Marine Business Consolidated ResultsFY2019FY2020FY2021FY2022FY2023Net SalesOperating Profit Suzuki Motor Corporation,2023.All rights reserved.30/35(yen)(yen)(yen)(yen)(yen)(%)(bln yen)(bln yen)Euro152150148141+11+7.6%+2.5+18.8Mexican Peso 8.108.067.

72、576.91+1.19+17.1%+0.9+15.8Sterling Pound175173171163+12+7.4%+0.8+6.1US Dollar141141134136+5+4.0%+1.3+5.2Indian Rupee1.721.711.641.70+0.02+0.9%+3.6+3.1South African Rand 7.487.407.177.99-0.51-6.4%+0.5-3.3Pakistan Rupee 0.490.490.480.61-0.12-19.7%+0.2-4.7Others*-+1.4+4.0+11.3+45.0*Others Polish Zloty+

73、2.2bln yen,Indonesian Rupiah+0.8 bln yen etc.*Exchange sensitivity Represents the impact on operating profit when the rate of each currency increased by 1%yen from FY2022ImpactamountEffect of ForEX rates in operating profitFY2023 Forecast23/10-24/3PreviousForecastEffect of ForEX rates totalFY2022Exc

74、hangesensitivity*Changefrom FY2022Full Year Forecast ForEX Rates and Capital Expenditures,etc.Suzuki Motor Corporation,2023.All rights reserved.31/35Full Year Forecast|Trends in Capital expenditures,Depreciation and R&D Expenses194.5171.5198.8213.4268.9236.4170.9189.4269.9340.0134.4168.3163.4150.914

75、8.9164.2136.5161.5177.3190.0125.9131.0131.5139.4158.1148.1146.2160.7205.6230.0FY14FY15FY16FY17FY18FY19FY20FY21FY22FY23Capital expendituresDepreciation expensesR&D expenses(Billions of yen)Forecast Suzuki Motor Corporation,2023.All rights reserved.32/355 6 7 8 10 10 15 17 30 37 37 37 45 50 55 7 7 8 1

76、0 14 17 17 27 44 37 48 53 46 50 12 13 15 18 24 27 32 44 74 74 85 90 91 100 19.1%16.1%15.6%12.6%12.5%15.6%13.6%12.1%15.1%18.7%29.7%29.8%27.6%22.0%30%-10%-5%0%5%10%15%20%25%30%050100150200FY09FY10FY11FY12FY13FY14FY15FY16FY17FY18FY19FY20FY21FY22FY23FY25Shareholder ReturnDividend per sharePayout ratioIn

77、terim dividend:55 yen(up 5 yen from FY2022):Record-highAcquisition of Treasury Shares:Acquired 20 billion yen(3,768 thousand shares)(equivalent to 8.3%return ratio)FY25 payout ratio targetin Mid-Term Management PlanAnnual dividendYear-end dividendInterim dividend(yen)Suzuki Motor Corporation,2023.Al

78、l rights reserved.33/35Publication of Integrated Report and Sustainability Reporthttps:/www.suzuki.co.jp/about/csr/report/2023/pdf/2023_envj_all.pdfhttps:/www.suzuki.co.jp/ir/library/annualreport/pdf/2023/2023_jp.pdfIntegrated Report and Sustainability Report were published this November.Documents a

79、re now only available in Japanese and the English version will follow soon.The forward-looking statements mentioned in this presentation are based on currently available information and assumptions,contain risks and uncertainty and do not constitute guarantees of future achievement.Please note that

80、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 rates.Caution with respect to Forward-Looking StatementsEnglish translation from the original Japanese language document