Conclusion
Automotive Industry is a risky industry, which is in its recover stage. There are several trends that will define the sustainability of the companies in the industry, one of which is going green and reducing the dependence on oil.
Ford and Toyota are two companies with big market presence and great R&D investment, which might make them successful companies in future.
The investing in them now should be made for a long term so that companies will overcome the crisis. The good point of this companies is that they target middle class mostly and now changing the automobile is the necessity that comes every 10 years in average. Taking into consideration the fact that Toyota and ford had various for middle and upper middle class, they can take bigger market stake. Plus these companies start investing in green electric cars, especially Toyota, which makes them more sustainable.
Appendix I
Appendix II
Production results
|
FY 2010 (April 2009 to March 2010) |
FY 2011 (April 2010 to March 2011) |
FY 2012 (April 2011 to March 2012) |
|
Vehicles |
Japan |
3,956,000 |
3,721,000 |
3,940,000 |
Overseas |
2,853,000 |
3,448,000 |
3,495,000 |
|
Total |
6,809,000 |
7,169,000 |
7,435,000 |
|
Homes |
4,727 |
5,014 |
5,351 |
|
(unit = 1)
Sales results
|
FY 2010 (April 2009 to March 2010) |
FY 2011 (April 2010 to March 2011) |
FY 2012 (April 2011 to March 2012) |
|
Vehicles |
Japan |
2,163,000 |
1,913,000 |
2,070,000 |
Overseas |
5,074,000 |
5,395,000 |
5,281,000 |
|
Total |
7,237,000 |
7,308,000 |
7,351,000 |
|
Homes |
5,281 |
5,157 |
5,699 |
|
(unit = 1)
Source: Toyota Motor Corporation
Appendix III
Appendix IV
Source: International Monetary Fund - 2011 World Economic Outlook
Appendix V
Appendix VI
Source: International Monetary Fund - 2011 World Economic Outlook
Appendix VII
|
FY 2010 (April 2009 to March 2010) |
FY 2011 (April 2010 to March 2011) |
FY 2012 (April 2011 to March 2012) |
Sales*1 |
18,950.9 |
18,993.6 |
18,583.6 |
Operating income*1 |
147.5 |
468.2 |
355.6 |
Net income*1 |
209.4 |
408.1 |
283.5 |
Capital Expenditures*1*2 |
579.0 |
642.3 |
706.7 |
R&D*1 |
725.3 |
730.3 |
779.8 |
Number of consolidated subsidiaries |
522 |
511 |
507 |
No. of Affil. Accounted for Under the Equity Method |
56 |
56 |
57 |
*1 Monetary figures rounded down to the nearest 100 million yen *2 Figures for depreciation expenses and capital expenditures do not include vehicles in operating lease
(unit = 1 billion yen or 1 company)