In order to improve corrosion resistance and mechanical properties of magnesium alloys, titanium with high specific strength was warm roll-bonded on the surface of AZ31 magnesium alloy sheets. Although the AZ31 alloy before roll-bonding had a typical basal texture, the AZ31 layer that constitutes a larger part of the clad sheet clearly showed off-basal texture with c-axis inclined by about 10 from the normal direction toward the rolling direction. This texture significantly affected tensile properties of clad sheets, resulting in lower proof stress and higher elongation at the rolling direction than at the transverse direction. In deep drawing tests, the 2-layered clad sheet with an outer titanium layer could be successfully formed at temperatures considerably lower than the limiting forming temperature of an original AZ31 single sheet. This is probably due to an effect of the outer titanium layer bearing tensile stress at a shoulder part of cup and an additional effect of improved deformability by off-basal texture in the AZ31 layer.