－ 1 －

FY2017

Consolidated Financial Forecasts (April 1, 2016 through March 31, 2017)

May 26, 2016

AISIN SEIKI Co., Ltd. (http://www.aisin.com/)

－ 2 －

②Operating income is predicted to be 175 billion yen, which is approximately same

as FY2016.In spite of the income increase of sales increase, operating income is

predicted to fall due to the increase of fixed cost such as R&D and depreciation, 38

billion yen forex loss, and 20 billion yen negative impact of earthquakes. On the other

hand, 16.8 billion yen positive impact from adoption of IFRS and 19.5 billion yen gains

from stock swap with Shiroki Corporation will contribute.

①While market in Japan stays the same level, stable growth is expected in North

America and Europe. Our global sales is predicted to reach 3,400 billion yen, due to

the expansion of AT business specially to European and North American customers.

In addition, newly consolidated sub group, Shiroki Group will also result the increase

of total sales. The overseas sales will be increased while foreign exchange will be

giving negative impact.

③20 billion yen negative impacts are predicted from the earthquakes on consolidated

operating income, which includes 15 billion yen negative impacts by restoration costs

from earthquake-damaged plant and production at alternate sites, and 5 billion yen

negative impacts by suspension of operations of customers.

FY2017 Overview of Financial Forecast

－ 3 －

+ 156.9 billion yen （ +4.8%）

3,243.1

-1.4

176.4 175.0

3,400.0

186.8 185.0

-1.8

96.9 90.0

-6.9

311.48Yen 342.67Yen

J-GAAP IFRS

Consolidated Fiscal Year Forecast ( FY2017 – 12 months)

Net Sales Operating Income Net Income

Income before income tax

Operating Income Net Sales Net Income

FY2016 FY2017 J-GAAP IFRS

FY2016 FY2017

J-GAAP IFRS

FY2016 FY2017 J-GAAP IFRS

FY2016 FY2017

J-GAAP IFRS

FY2016 FY2017

EPS

Billion ｙen

－ 4 －

265.4 245.6

83.6 97.8

71.3 92.252.1

76.173.5

74.555.4

72.769.568.450.0

64.348.3

46.733.5

34.5315.6

319.2

0

100

200

300

400

500

600

700

800

900

1,000

1,100

FY2016 FY2017

1,192.0

GM

BMW

VW & Audi

PSA

-19.8

+24.0

+14.2

+20.9

+1.0

1,118.2

+17.3

61.3%

62.3%

Forecast of Sales by Customer ( FY2017 – 12 months)

FY2016 【 Sales 3,243.1】

FY2017 【 Sales 3,400.0】

Life & others

104.7

Other Manufacturers

1,118.2

Toyota Group

2,020.1

Life & others

124.0

Other Manufacturers

1,192.0

Toyota Group

2,084.0

Other Manufacturers sales breakdown

VOLVO

NISSAN

MITSUBISHI

SUZUKI

HONDA Changan

Ａ/Ｍ & Others

J-GAAP IFRS

Billion ｙen

－ 5 －

億円

0 300 600 900 1,200

Japan

North

America

Europe

China

Asia &

OthersFY2016 FY2017

0 20 40 60 80 100 120

Japan

North

America

Europe

China

Asia &

Others FY2016 FY2017

564.4

281.4

242.1

1,992.0

527.0

280.0

255.1

1,824.1

18.5

2.7

7.2

104.1

93.0

25.9

3.4

6.3 J-GAAP IFRS

330.9

345.9

J-GAAP IFRS

42.3

46.4

Forecast of Segment Information ( FY2017 – 12 months)

Billion ｙen Billion ｙen Net Sales Operating Income

Fx impact Sales variation excluding FX impact

Japan -26.8 +194.7

North America -76.0 +38.6

Europe - -1.4

China -37.7 +52.7

Asia & Others -23.8 +36.8

Fx impact Sales variation excluding FX impact

Japan -26.8 +15.7

North America -3.7 +11.1

Europe -0.3 +1.0

China -5.0 +9.1

Asia & Others -2.2 +1.3

－ 6 －

Increase

+109.3

Decrease -110.7

-24.5

-1.4 Decrease

176.4→ 175.0

38.0

Impact of Kumamoto

earthquakes

5.0

30.0

-28.2

Gains from stock swap with Shiroki

corporation

16.8

-38.0

IFRS adoption

19.5

-20.0

(Based on J-GAAP)

Forecast of Fluctuations for Operating Income ( FY2017 – 12 months)

【FY2016 / FY2017】

Sales fluctuation

Cost structure improvement

Forex rate 1US$ :¥120 →¥105 1CNY :¥18.8→¥17.0

Change of material price

Depreciation

R&D others

Billion ｙen

Mainly effect of change of depreciation method +13.4

－ 7 －

50.061.5

48.159.252.476.0

99.1

72.584.569.3

1 ,353 .61 ,195 .7

1 ,402 .5 1 ,500 .9 1 ,565 .0

0

30

60

90

120

150

180

FY2013 FY2014 FY2015 FY2016 FY2017

0

500

1,000

1,500

億円 <7,121> <6,141>

64.581.2

103.093.089.7

103.091.397.5

84.4

64.2

1 ,340 .01 ,276 .51 ,127 .2

975 .1 1 ,053 .0

0

30

60

90

120

150

FY2013 FY2014 FY2015 FY2016 FY2017

0

500

1,000

1,500

(Forecast)

※FY 2013 to FY2016 : Japanese GAAP FY 2017: IFRS

Financial Results of the Main Consolidated Companies I

AISIN SEIKI Group

AISIN AW Group

(Forecast)

Billion ｙen

Billion ｙen

Operating income

Ordinary income/ Income before income tax

Sales

Operating income

Ordinary income/ Income before income tax

Sales

－ 8 －

9.5 9.311.2

9.110.411.2 12.3

8.1

11.212.5

261 .3275 .9263 .8

215 .4247 .4

0

10

20

FY2013 FY2014 FY2015 FY2016 FY2017

0

100

200

300

6.3

3.9 2.7

-0.4

2.7

-0.3

2.42.63.6

6.5

142 .0133 .9126 .4134 .9 127 .7

-3

0

3

6

9

12

FY2013 FY2014 FY2015 FY2016 FY2017

-50

0

50

100

150

200

Financial Results of the Main Consolidated Companies Ⅱ

AISIN Takaoka Group

AISIN AＩ Group

Billion ｙen

Billion ｙen

(Forecast)

(Forecast)

Operating income

Ordinary income/ Income before income tax

Sales

Operating income

Ordinary income/ Income before income tax

Sales

－ 9 －

AISIN HOLDINGS OF AMERICA - サブ連結

億円

億円

<3,076>

<1,873>

<2,772>

<1,783>

5.4

8.89.6

14.012.8 14.1 15.3

11.6

7.94.8

543 .9551 .2527 .3447 .2

511 .5

0

10

20

30

FY2013 FY2014 FY2015 FY2016 FY2017

0

200

400

600

58

▲5 ▲31

50

▲4

49

▲16▲36

52

0

1 ,3191 ,577

1 ,3782 ,478

1 ,972

-50

0

50

100

150

07年度 08年度 09年度 10年度 11年度 -1,000

0

1,000

2,000

億円

(予想)

1Q売上

< 409 >

Financial Results of the Main Consolidated Companies Ⅲ

ADVICS Group Billion ｙen

(Forecast)

Operating income

Ordinary income/ Income before income tax

Sales

－ 10 －

203.0188.2161.0149.0139.2

100

200

300

29.3 25.7 30.9 41.866.6 74.8 78.8

123.211.4 13.1 25.8

23.7

45.2

78.0

43.6

0

100

200

300

400

FY2013 FY2014 FY2015 FY2016 FY2017

Other Overseas

ＡＨＡ－Ｇ

Other Domestic

ADVICS－Ｇ

AISIN ＡＷ－Ｇ

AISIN SEIKI

195.0 204.7 247.8

294.1 257.0

Capital Expenditure

Billion ｙen Depreciation

Capital Expenditure

(Forecast)

－ 11 －

％

5.05.05.05.15.3

4.0

5.0

6.0

7.0

8.0

％ ％ ％ ％ ％

5 3 .5 6 0 . 6 6 3 . 7 6 5 . 5 6 7 . 7

1 9 . 0 1 9 . 3 2 0 . 35 2 . 9 5 2 . 4 5 5 . 4 6 5 . 8

1 9 . 51 9 . 3

6 9 . 5

0

50

100

150

200

250

FY2013 FY2014 FY2015 FY2016 FY2017

Others

AISIN ＡＷ-Ｇ

ADVICS

AISIN SEIKI

135.0 144.3 162.6 149.1

170.0

R & D Expenditure

R & D Expenditure / Net Sales

R & D Expenditure Billion ｙen

(Forecast)

－ 12 －

545

331 347

352340327

385

0

250

500

750

FY2014 FY2015 FY2016 FY2017

214

135

0

65 65

63 59 60

84

0

50

100

150

FY2014 FY2015 FY2016 FY2017

77 71 78

84 73 82

0

50

100

150

FY2014 FY2015 FY2016 FY2017

687

128

161 658

124

144

上期

下期

737 160

144

800 161

165

19

30

330 34

4527

0

20

40

60

80

FY2014 FY2015 FY2016 FY2017

60

22

61

Production

ＡＴ Production ＭＴ Production

Navigation System Production Navigation Soft Production

10,000 of units

1st H

2nd H

1st H

2nd H

1st H

2nd H

1st H

2nd H

(Forecast) (Forecast)

(Forecast) (Forecast)

－ 13 －

572 586 573

314 317

588

313329

0

400

800

FY2014 FY2015 FY2016 FY2017

Domestic

Production

Overseas

Production

901 899 887 905

TOYOTA Motors Production

10,000 of units TOYOTA Motors Production

(Forecast)

－ 14 －

FY2014 FY2015 FY2016 FY2017 (forecast)

ＵＳＤ １．４６ １．４６ １．２７ １．３５

ＥＵＲ ０．１３ ０．１４ ０．１３ ０．１４

ＴＨＢ※ ０．７９ ０．７４ ０．８０ ０．７８

ＣＮＹ※ ０．１９ ０．２６ ０．５４ ０．７０

100Yen 110Yen120Yen 105Yen

138Yen135Yen 132Yen120Yen

70

95

120

145

3.2Yen 3.4Yen 3.4Yen 3.0Yen

18.0Yen16.5Yen 18.8Yen 17.0Yen

05

10152025

Foreign Currency Exchange Rate

Billion ｙen

※Impacts of THB and CNY are per 0.1yen.

Forex Impact on Operating Income per 1(or 0.1) yen

Impacts on Operating Income

Foreign Exchange Rate

EUR

USD

CNY

THB

－ 15 －

38.8

29.335.0

41.9 43.4 41.4 38.432.0

44.950.5

33.839.7

50.6 52.245.5 44.3

6 .1%

4 .9%

6 .1% 6 .1% 5 .8%5 .4%

4 .4%

5 .9%6 .5%

6 .0% 6 .2%

5 .5% 5 .0%4 .4%

7 .0%6 .3%

0

30

60

90

120

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

655.5 636.3598.0

639.9699.5 687.4 714.8 720.3 707.0 727.8 756.4 773.2 771.7 788.0

843.4 839.9

224 220195

220224 224 226 227 223 231 224 232219221

215221

200

400

600

800

1 , 000

Quarterly Performance

Net Sales

Operating Income

TOYOTA Motors Production(10,000 of units）

Billion ｙen

Billion ｙen

％：Operating income rate

FY2013 FY2014 FY2015 FY2016

※FY 2013 to FY2016 : Japanese GAAP