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Building on New Opportunities

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Building on New Opportunities BUILDING ON NEW OPPORTUNITIES 2018 ANNUAL REPORT BUILDING ON As Viable New Opportunities Remain Available in the Philippines, GT Capital Holdings, Inc. and its component companies continue to build on NEW OPPORTUNITIES their tradition of excellence and leadership in key underpenetrated sectors. The GT Capital Group achieves this through developing robust strategic partnerships with best-of-class global brands. The Group’s presence in five key sectors of the Philippine economy—banking, automotive assembly, importation, and distribution, property development, infrastructure and utilities, and life and general insurance—allows it to offer and provide the best products and services to the Filipino. The conglomerate fulfills this through its strategic direction: first, by enhancing synergies and cross-selling opportunities across its various component companies, second, by extending the value chain of its existing sectors, and third, by expanding into new sectors. GT Capital not only builds value for its shareholders, clients, and employees, but also, through its sustainability efforts and corporate social responsibility (CSR) activities, is helping build a stronger and more prosperous nation. 2018 ANNUAL REPORT Metropolitan Bank and Trust Company is a leading universal bank PHP providing corporate and consumer banking products and services 22.0 through its extensive nationwide branch network and its foreign Billion branches and representative offices. The Bank reaches out to and serves a wide range of clients that includes large local and 2018 NET INCOME multinational corporations, middle market and SMEs, high net 36.4% GT CAPITAL-OWNED worth individuals, and retail segments. Toyota Motor Philippines Corporation is the Philippines’ PHP most dominant car company and is engaged in the assembly, 8.0 importation, and wholesale distribution of Toyota and Lexus motor vehicles in the Philippines. Products include vehicles and service Billion parts for local sales and OEM (original equipment manufacturer) 2018 NET INCOME parts for export. TMP operates a facility located at the Toyota 51.0% GT CAPITAL-OWNED Special Economic Zone in Santa Rosa, Laguna, where it currently assembles its top-selling Vios and Innova models. Federal Land, Inc. is a leading Philippine property developer with PHP 2.4 a historical focus on the residential segment, and has attained a four-decade track record across various real estate subsectors. Billion* It is involved in vertical and horizontal residential projects, 2018 NET INCOME commercial developments, and master-planned mixed-use communities. The company’s land bank, most of which is highly 100% GT CAPITAL-OWNED concentrated in key cities within the boundaries of Metro Manila, is sufficient for many years’ worth of project development. *Combined FEDERAL LAND and PRO-FRIENDS AXA Philippines is one of the largest insurance companies in the Philippines based on total net premium income, and is a pioneer in the PHP bancassurance industry. The company is the innovator behind and the 3.1 market leader in variable unit-linked life insurance products that offer clients new possibilities to secure their financial future and expand Billion their investment choices. AXA Philippines enjoys strong business 2018 NET INCOME synergies with Metrobank and PSBank by utilizing the Metrobank 25.3% GT CAPITAL-OWNED Group’s branch network as a distribution channel. The company also offers general insurance products and services. Metro Pacific Investments Corporation is a leading infrastructure PHP conglomerate in the Philippines. Committed to transforming and 15.1 growing its infrastructure assets, Metro Pacific continuously seeks Billion investment and partnership opportunities for the benefit of all its stakeholders. Metro Pacific currently manages a diverse business 2018 CORE NET INCOME portfolio including water, utilities, toll roads, electricity distribution, 15.6% GT CAPITAL-OWNED hospital operations, and light rail. 2018 GT Capital Milestones JAN GT Capital participates in Metrobank’s MAY Php60 billion stock rights offer, helping GT Capital declares cash the Bank support its loan growth and and stock dividends at its acquisition of an increased stake in its Annual Stockholders’ Metrobank Card Corporation Meeting JUL The Institute of Corporate Directors recognizes GT Capital as one of the JUL Philippines’ Top GT Capital invests Performing Companies JPY23.3 billion based on the ASEAN (Php11 billion) Corporate Governance in Toyota Motor Scorecard (ACGS) Corporation of Japan JUL GT Capital avails of its first Samurai term loan facility worth JPY23.3 billion AUG SEP Toyota Motor Asiamoney Magazine Philippines celebrates recognizes GT Capital as its 30th anniversary with one of the Philippines’ Philippine President His Outstanding Companies Excellency Rodrigo R. in its 2018 Asia’s Duterte and Toyota Global Outstanding President Akio Toyoda Companies Poll DEC Toyota Motor Philippines receives its 17th consecutive Triple Crown Award for nationwide dominance in passenger car, commercial vehicle, and overall unit sales 1 GT Capital’s TOYOTA MOTOR CORPORATION (JAPAN) Strategic A top automotive company worldwide engaged in the design, manufacture, assembly, and sale of passenger cars and commercial vehicles. The wide range of vehicles the company Global manufactures includes compact, subcompact, mid-sized, sports utility, and hybrid cars, as well as minivans and pick-up trucks, Partners among others. Toyota is the brand name the company uses for these vehicles, while luxury cars are under the Lexus brand. Hybrid cars carry the Prius brand. Aside from vehicles, Toyota also manufactures spare parts and offers financial services for retail and wholesale auto financing, retail leasing, insurance, credit cards, and housing loans. Toyota operates in over 170 countries. AXA, S.A. (FRANCE) MITSUI & CO. LTD. (JAPAN) Primarily engaged in providing life insurance coverage, as One of the most diversified and comprehensive trading, well as property and casualty insurance. Asset management investment, and service enterprises in the world. Utilizing is another service that the group offers, which includes global operating locations, network, and information employee benefit plans, medical plans, and investment resources, Mitsui is multilaterally pursuing businesses that advice. The bulk of AXA’s customers are in Europe, the range from product sales, worldwide logistics, and financing Mediterranean, and Latin America, whereas other customers to the development of major international infrastructure come from North America, Asia, and the United Kingdom. The and other projects. It is involved in iron and steel products, organization’s roots can be traced to the time when Claude mineral and metal resources, infrastructure projects, motor Bebear decided to join the Ancienner Mutuelle insurance vehicles, marine and aerospace, chemicals, energy, food company – France’s oldest insurance company – in Rouen, resources, food products and services, consumer services, IT, France in 1958. finance and new businesses, and transportation logistics. METRO PACIFIC INVESTMENTS CORPORATION TOYOTA FINANCIAL SERVICES CORPORATION (JAPAN) A leading infrastructure conglomerate in the Philippines. Wholly-owned by Toyota Motor Corporation, the entity was MPIC’s intention is to maintain and continue to develop a established as a holding company for Toyota’s financial diverse set of infrastructure assets through its investments subsidiaries worldwide. The TFS Group mission is to provide in water utilities, toll roads, electricity distribution, hospital sound financial services that contribute to the prosperous life operations and light rail. MPIC is therefore committed to for Toyota customers and others. The company has expanded investing through acquisitions and strategic partnerships its global presence, covering more than 30 countries in in prime infrastructure assets with the potential to provide different regions. TFS offers a diverse range of products and synergies with its existing operations. services, such as motor vehicle financing, to meet the various needs of its valued customers. 2 NOMURA REAL ESTATE DEVELOPMENT ORIX CORPORATION (JAPAN) NOMURA REAL ESTATE DEVELOPMENT (JAPAN) Engages in non-depository credit intermediation such as Nomura Real Estate Development (NRE) is one of Japan’s leasing, installment loans, life insurance, and other related largest real estate developers. Established in 1954, NRE is financial services. It is also involved in property development. involved in residential development, corporate real estate In the automotive industry, the company is engaged in brokerage, commercial property development, building corporate and personal leasing, rental, car sharing, and used leasing, and architectural design. It is a sister company of the vehicle sales. The company’s corporate financial services Nomura Holdings financial conglomerate and is a part of the include lending, building lease, e-commerce, corporate Nomura business group. pension, life and accident insurance consulting, and investment banking. ORIX is also into energy conservation, energy recycling, and electric power. In property development, the company offers housing, real estate investment, and building management. SUMITOMO CORPORATION (JAPAN) ISETAN MITSUKOSHI HOLDINGS (JAPAN) An international trading company that operates in various Isetan Mitsukoshi Holdings Ltd. is the Japanese parent industries including finance, insurance, metal products, company of world-renowned Isetan and
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