Toyota vs Honda – Other Financial Analysis

4. Other financial and non-financial partition This minority concrete is to assimilate telling financial and non-financial notice and identify risks reputed in Toyota’s and Honda’s 2010 Annual Report, Notes to the Financial Statements, Order Official Websites, Bloomberg and Thompson Reuters; which are not reflected in our financial proportion partition and force bear a telling impression in our siege determination making order. Dividends Payments and Dividend Bear Cash dividends per divide| | | | Year| 31/03/2008| 31/03/2009| 31/03/2010| Company| | | | Toyota| | ? 140. 00 | ? 100. 00 | ? 45. 00 | Honda| | ? 86. 00 | ? 63. 00 | ? 38. 00 | | | | | | | | | | | Estimated dividend bear* %| | | | Year| 31/03/2008| 31/03/2009| 31/03/2010| Toyota| | 2. 82%| 3. 18%| 1. 20%| Honda| | 3. 02%| 2. 74%| 1. 15%| | | | | | * A financial proportion that shows how ample a order pays out in dividends each year not-absolute to its divide value. The dividend bear is the repay on siege for a store. | Toyota has been paying surpassing dividends per divide balance the three financial years ended at March, 31st. In adduction, the dividend bear estimation shows that Toyota has been providing a surpassing ROI for its divideholders stores siege in 2009 and 2010. Contractual Obligations Contractual Obligations* | | | | | | | | | | | | | Payments due by bound (Yen - Million)| | | Less than 1 year| 1 to 3 years| 3 to 5 years| 5 years and succeeding| Total| Toyota| ? 5,544,923 | ? 4,271,809 | ? 1,477,862 | ? 1,345,294 | ? 12,639,888 | Honda| ? 2,086,970 | ? 1,680,539 | ? 781,779 | ? 135,967 | ? 4,685,255 | Proportion Toyota balance Honda| 2. 66 | 2. 54 | 1. 9 | 9. 89 | 2. 70 | | | | | | | * Includes abrupt and covet signal borrowings, chief and clear leases, curiosity-behalf payments and contributed defined favor pension plans. | The overhead mentioned partition is meant to interpret the forthcoming obligations Toyota and Honda bear in compliments to their forthcoming hues. For Example, for total ? 1 pet earned in the 2011 financial year by Toyota, the order is committed to pay its contractual obligations of ? 266,000, timeliness, for the identical ? 1 pet Honda 2011 financial year hues, the order is singly committed to pay ? 100,000. This instrument that Honda would bear past hues to restricted for forthcoming profession developments and dividend payments. Net Income Geographic Segmentation Net Revenues Geographic Segmentation| | | | Yen in Millions | | Toyota| %| Honda| %| Japan| ? 7,314,813 | 39%| ? 1,577,318 | 18%| North America| ? 5,583,228 | 29%| ? 3,736,447 | 44%| Europe| ? 2,082,671 | 11%| ? 764,785 | 9%| Asia| ? 2,431,648 | 13%| ? 1,543,397 | 18%| Others| ? 1,538,613 | 8%| ? 957,227 | 11%| | ? 18,950,973 | 100%| ? 8,579,174 | 100%| The board overhead shows the tension % of Toyota and Honda Net Income by geographical segmentation. Toyota top net income segments gift comes from Japan at 39%, followed by North America 29% and Asia 13%; timeliness, Honda top net income segments comes from North America 44%, Asia and Japan are tied after a while 18%. Knowing that Japan was hit by a Tsunami in the leading forbearance of 2011; in our idea, this cosmical catastrophic occurrence procure adversely seek Toyota net income in Japan for the upcoming financial year. This instrument that Honda balanceall, procure probably bear a past sboard tendency of income from the North America and Asia regions to help its operations.