Briefing on Business Results for FY14/3

and Management Strategy

May 21, 2014

Presentation Contents

1. Overview of Business Activities

2. Marketing Information

MITSUBA Corporation

2

1. Industry trends

2. Results for FY14/3

3. Forecast for FY15/3

4. The 10th Mid-term Management Plan

Overview of Business Activities

3

0

50

100

150

200

250

0

500

1,000

1,500

2,000

2,500

3,000

FY 12/3 FY 13/3 FY 14/3 FY 15/3 (Forecast)

Sales (1H) Sales (2H) Operating income Ordinary income

■Points of Business Results for FY 14/3

JPY in hundred million

Consolidated Sales, Operating Income and Ordinary Income

Consolidated sales, operating income, ordinary income and net income all reached a record high due to growth in Asia and the China Area.

Operating Income and

Ordinary Income Sales

(JPY in 000 million)

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9,700 9,200 9,100 9,100

16,400 17,000 17,500 18,200

4,500 4,800 5,400 5,700

19,200 19,800 21,100 22,000

13,900 14,600 17,900 18,900

20,500 22,200 25,000

26,900

0

20,000

40,000

60,000

80,000

100,000

120,000

FY2013 FY2014 FY2015 FY2016

Japan North America South America Europe Asia China Others

85,900 89,500 96,500 101,300

1. Industry Trends

(1) Production Volume Forecast of Automobile Unit: one thousand cars

Production volume is expected to exceed 100 million cars in 2016.

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20,470 20,800 22,200 22,200

13,740 14,270 14,910 15,560

16,390 18,550 20,760 22,330

1,840 1,840

1,940 2,230

6,760 7,440

6,590 7,080

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

FY2013 FY2014 FY2015 FY2016

China ASEAN India Brazil Others

Production volume is expected to reach about 70 million motorcycles in 2016.

59,200 62,900 66,400 69,400

1. Industry Trends

(2) Production Volume Forecast of Motorcycle Unit: one thousand cars

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Consolidated FY13/3

(A) FY14/3

(B) Change (B)-(A)

Rate of change (B)/(A)

FY 15/3

Forecast

Net sales 225,605 272,543 46,938 +20.8% 280,000

Operating income 9,032 17,054 8,022 +88.8% 18,000

Ordinary income 12,169 20,441 8,272 +68.0% 18,000

Net income 6,473 7,028 554 +8.6% 9,000

JPY in million

Outline JPY in million

Ordinary income

Non-operating income 5,229

(Foreign exchange gains 2,846 Equity in income of affiliates 911)

Non-operating expenses 1,842 (Interest expenses 1,154)

Net income Extraordinary gain 4,729 Extraordinary loss 15,133

Minority interests in subsidiaries 1,959

2. Results for FY14/3

(1) Consolidated Operating Results for FY14/3

Honda Renault/Nissan Group Fuji Heavy Industries Toyota Group VW/Audi Group Others

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Sales Composition (by Car Maker Group) for FY14/3

The growth rate of the VW/Audi Group was 126%.

47.0%

17.2% 6.4% 3.8%

1.9%

23.8%

FY13/3

* The data above is different from that of the transportation equipment-related segment disclosed in the

earnings briefing. Includes entities those other than consolidated companies.

104,052 133,876

38,123

44,386 14,088

15,497

8,385

8,820

4,132

9,324 52,675

57,318

FY13/3 FY14/3

49.7%

16.5% 5.8%

3.3% 3.5%

21.3%

FY14/3

JPY in million

First Business (Field-of-vision system) Second Business (Convenience and comfort system)

Third Business (Empowering system) Fourth Business (Motorcycle)

Fifth Business (Others)

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The growth rate of the third business (empower) was 44%.

35.0%

25.1%

18.6%

20.4%

0.9% FY13/3

* The data above is different from that of the transportation equipment-related segment disclosed in the

earnings briefing. Includes entities those other than consolidated companies.

76,649 88,156

55,059 68,414

40,676

58,688 44,640

56,354

1,990

1,471

13年3月期 14年3月期

32.3%

25.1% 21.5%

20.6% 0.5% FY14/3

JPY in million

Sales Composition (by Business) for FY14/3

FY13/3 FY14/3

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(2) Factor analysis of changes in consolidated ordinary income for FY14/3

単位：百万円

+8,272

FY13/3

(Actual)

12,169

FY14/3

(actual)

20,441

Changes in sales/

sales composition,

etc.

+15,308

Cost-cutting

measures

+3,460

Effects of exchange

rate fluctuations

+6,556

Others

+249

Increases in labor

costs and expenses,

etc. 17,301

JPY in million

US dollar 82.26 yen 98.65 yen

Euro 106.44 yen 131.89 yen

Increase in gains from difference in exchange rates between

foreign currency asset evaluation and payment receipts +805

Others 556

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Non-

Consolidated

FY13/3

(A)

FY14/3

(B)

Change

(B)-(A)

Rate of

change

(B)/(A)

FY 15/3

Forecast

Net sales 129,307 140,946 11,639 +9.0% 143,000

Operating income 1,719 1,862 143 +8.3% 3,000

Ordinary income 4,565 8,654 4,088 +89.5% 5,000

Net income 1,552 1,156 396 22.5% 2,000

JPY in million

Outline JPY in million

Ordinary income

■Non-operating income 7,928

(Dividend income 4,966, Foreign exchange gains 2,039)

■Non-operating expenses 1,136 (Interest expenses 864)

Net income ■Extraordinary gain 5,533 ■Extraordinary loss 14,628

■Income taxes 1,596

(3) Non-Consolidated Operating Results for FY14/3

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Consolidated FY14/3

(A)

Net sales 272,543

Operating income 17,054

Ordinary income 20,441

Net income 7,028

Non-Consolidated

FY14/3

(A)

Net sales 140,946

Operating income 1,862

Ordinary income 8,654

Net income 1,156

JPY in million 3. Forecast for FY15/3 Consolidated sales, operating income and net income are all expected to reach a

record high.

Forecast for

FY15/3 (B)

Change

(B)-(A)

Rate of change

(B)/(A)

280,000 7,457 +2.7%

18,000 946 +5.5%

18,000 2,441 11.9%

9,000 1,972 +28.1%

Forecast for

FY15/3 (B)

Change

(B)-(A)

Rate of change

(B)/(A)

143,000 2,054 +1.5%

3,000 1,138 +61.1%

5,000 3,654 42.2%

2,000 844 72.9%

ホンダ Renault/日産Gr. 富士重工 トヨタGr. VW/Audi Gr. その他

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Sales to Honda and Renault/Nissan Group increased.

49.7%

16.5% 5.8% 3.3%

3.5%

21.3%

FY14/3

133,876 145,676

44,386 49,485

15,497 14,956

8,820 9,889 9,324 9,520

57,318 58,215

14年3月期 15年3月期

50.6%

17.2%

5.2% 3.4% 3.3%

20.2%

FY15/3

JPY in million

Sales Composition Forecast (by Car Maker Group) for FY15/3

FY14/3

Others Honda Renault/Nissan Group Fuji Heavy

Industries Toyota Group VW/Audi Group

* The data above is different from that of the transportation equipment-related segment

disclosed in the earnings briefing. Includes entities those other than consolidated companies.

FY15/3

First Business (Field-of-vision system) Second Business (Convenience and comfort system)

Third Business (Empowering system) Fourth Business (Motorcycle)

Fifth Business (Others)

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Sales of the third business (empower) continued to grow.

32.3%

25.1% 21.5%

20.6% 0.5% FY14/3

88,156 91,915

68,414 69,726

58,688 64,898

56,354 60,326

1,471 477

FY14/3 FY15/3

32.0%

24.3% 22.6%

21.0% 0.2% FY15/3

JPY in million

Sales Composition Forecast (by Business) for FY15/3

* The data above is different from that of the transportation equipment-related segment

disclosed in the earnings briefing. Includes entities those other than consolidated companies.

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FY14/3

Actual (A)

FY15/3

Plan (B)

Change

(B)-(A)

[Capital Expenditures] 17,536 16,000 1,536

[Depreciation] 11,694 13,000 1,306

JPY in million

Effect of Foreign Exchange Rate on Operating Income

Capital Expenditures and Depreciation

Real exchange rates: The average exchange rates in Japan (from April to March)

and overseas (from January to December).

FY14/3 (Actual exchange rate for

yen)

FY15/3 (Supposed exchange rate

for yen)

Foreign exchange sensitivity

(in millions of yen per year)

US Dollar 98.65 100.00 350

Euro 131.89 140.00 30

JPY in million

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4. The 10th Mid-term Management Policy

Starting from global, move to a new stage

Create a new market Meet the needs for safety and security

Individual growth and global communication

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4. The 10th Mid-term Management Policy

Management Policy

1. Improve product and technical capabilities dramatically and win

customers’ trust.

2. Establish a robust profit structure by making consolidated

companies self-sustaining.

3. Bring together the wisdom of the Company by leveraging

teamwork.

Slogan Growing Globally

Create a sustainable profit structure from a medium- and long-term view, with

sales of 320 billion yen.

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