Slide 1: Fiscal Year Ended March 2024 3rd Quarter Financial Results
For the Fiscal year Ended March 31, 2024 3rd Quarter (April 1, 2023 to December 31, 2023) Financial Results February 2, 2024 AISIN CORPORATION For the Fiscal year Ended March 31, 2024 3rd Quarter Financial Results/ 2024.2.2 / © AISIN CORPORATION All Rights Reserved.
Slide 2: Overview of FYE2024 3rd Quarter Financial Results
Overview of FYE2024 3rd Quarter Financial Results Revenue increased YoY due to an increase in vehicle production mainly in Japan and the U.S., and a weaker yen, as well as an increase in electrification FYE2024 unit sales. 3Q Operating profit increased YoY due to improvements in the business Results
Slide 3: Consolidated Financial Results (FYE2024 3rd Quarter)
Consolidated Financial Results (FYE2024 3rd Quarter) For the Fiscal year Ended March 31, 2024 3rd Quarter Financial Results/ 2024.2.2 / © AISIN CORPORATION All Rights Reserved. 1
Slide 4: 3rd Quarter Results Financial Summary
FYE2024 3rd Quarter Results Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE2023 3rd Quarter FYE2024 3rd Quarter Change Rate Change Results Results % Revenue 3,211.1 - 3,728.7 - +517.6 +16.1 Operating Profit 27.0 (0.8) 93.7 (2.5) +66.7 +246.5 Profit before Income Taxes 46.0 (1.4) 105
Slide 5: FYE2024 3rd Quarter Revenue by Customer
FYE2024 3rd Quarter Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and Others Revenue by Customer（Other OEMs） 3,728.7 Customer FYE2023 3Q FYE2024 3Q Change Change 99.6 Results Results Rate (%) 3,211.1 (2.7%) Stellantis 194.0 210.1 +16.1 +8.3 88.1 VW & Audi 143.8 148.9 +5.1 +3.6 (2.8%)
Slide 6: 3rd Quarter Segment Information
FYE2024 3rd Quarter Segment Information FYE2023 3rd Quarter Results FYE2024 3rd Quarter Results(Excluding Quality-related Cost） 【 Billion JPY 】 Revenue （ YoY ＋517.6） Operating Profit （ YoY +129.7*） * Excluding Quality-related Cost of 63.0 +265.7 +101.6 1,865.7 75.4 -0.6 1,600.0 +11.7 45.244.6 +128.9
Slide 7: 3rd Quarter Analysis of Operating Profit
FYE2024 3rd Quarter Analysis of Operating Profit 【 Billion JPY 】 + 43.0 -10.3 156.7 -63.0 + 22.0 + 12.0 93.7 + 63.0 27.0 FYE2023 3Q Sales & FX Impact Materials/ Cost Structure Fixed Expense FYE2024 3Q Quality-related FYE2024 3Q Product Logistics Cost Improvement etc. (Excluding Quality Cost) Cost Re
Slide 8: Consolidated Financial Forecast (FYE2024)
Consolidated Financial Forecast (FYE2024) For the Fiscal year Ended March 31, 2024 3rd Quarter Financial Results/ 2024.2.2 / © AISIN CORPORATION All Rights Reserved. 2
Slide 9: Forecast Financial Summary
FYE2024 Forecast Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE2023 FYE2024 Change FYE2024 Forecast Change Results Forecast Rate % As of Oct. 31 Revenue 4,402.8 - 4,900.0 - +497.2 +11.3 4,900.0 - Operating Profit 57.9 (1.3) 150.0 (3.1) +92.1 +158.9 210.0 (4.3) Profit before Income
Slide 10: FYE2024 Revenue by Customer
FYE2024 Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and Others Revenue by Customer（Other OEMs） 4,900.0 FYE2023 FYE2024 Change Customer Change 4,402.8 135.0 Results Forecast Rate (%) (2.8%) Stellantis 275.5 290.0 +14.5 +5.3 124.4 (2.8%) VW & Audi 177.2 195.0 +17.8 +10.0 Other 1,570.
Slide 11: FYE2024 Segment Information
FYE2024 Segment Information FYE2023 Results FYE2024 Forecast（Excluding Quality-related Cost） 【 Billion JPY 】 Revenue （ YoY ＋497.2） Operating Profit （ YoY ＋155.1*） * Excluding Quality-related Cost of 63.0 +230.4 +111.0 106.5 2,450.0 2,219.6 -2.2 +150.7 +19.0 62.260.0 965.0 +83.1 +7.1 -1.3 35.0 814.3
Slide 12: FYE2024 Analysis of Operating Profit
FYE2024 Analysis of Operating Profit 【 Billion JPY 】 【 Compared to Disclosure on Oct 31 】 【+3.0】 + 60.0 -14.9 213.0 【-63.0】 -63.0 【+8.0】 【-60.0】 【-5.0】 + 10.0 + 15.0 150.0 + 65.0 + 20.0 57.9 One-time Costs Sales &Product Cost Structure FYE2024 Forecast Quality-related FYE2023 (Expense for Mix etc FX
Slide 13: Business Progress
Business Progress For the Fiscal year Ended March 31, 2024 3rd Quarter Financial Results/ 2024.2.2 / © AISIN CORPORATION All Rights Reserved. 3
Slide 14: Progress of the 2025 Mid-term Plan: Balance Sheet Reformation
Progress of the 2025 Mid-term Plan（Generate Capital by Balance Sheet Reformation） Business Assets Cross-Shareholdings Global Inventories Business Asset Reduction Execution of Sale of Global Inventory Reduction （ 16.2BJPY in funds generated Cross-Shareholdings （ 49.0BJPY in funds this fiscal year ） （
Slide 15: Reference Information
Reference Information For the Fiscal year Ended March 31, 2024 3rd Quarter Financial Results/ 2024.2.2 / © AISIN CORPORATION All Rights Reserved. 4
Slide 16: Mobility Revenue Details
Revenue Details（FYE2024 3Q Results・FYE2024 Forecast） （ ）Shows Composition Ratio 【Billion JPY】 FYE2023 3Q FYE2024 3Q Change Change Results Results Rate % Powertrain 1,812.4 (56.5) 2,068.6 (55.5) +256.2 +14.1 Chassis & Vehicle 658.1 (20.5) 752.2 (20.2) +94.1 +14.3 Mobility Safety Systems Body 595.1 (1
Slide 17: CAPEX / Depreciation / R&D Expenditure
CAPEX / Depreciation / R&D 【Billion JPY】 FYE2023 3Q FYE2024 3Q FYE2023 FYE2024 By Business Results Results Results Forecast Powertrain 60.2 49.0 96.8 103.0 Chassis & Vehicle 27.4 40.3 42.0 57.0 CAPEX Safety Systems Body 24.1 20.8 37.3 31.0 CSS* & Others 23.7 32.3 45.3 47.0 Total 135.4 142.4 221.4 23
Slide 18: 3Q Segment by Region
FYE2024 3Q Segment by Region 【 Billion JPY 】 FYE2023 3Q FYE2024 3Q Change Region Change Results Results FX Others Japan 1,600.0 1,865.7 +265.7 - +265.7 North America 583.8 712.7 +128.9 +33.7 +95.2 Revenue Europe 240.1 275.5 +35.4 +2.9 +32.5 China 425.0 497.9 +72.9 +2.5 +70.4 Asia & Others 362.0 376.
Slide 19: Segment by Region
FYE2024 Segment by Region 【 Billion JPY 】 FYE2023 FYE2024 Change Region Change Results Forecast FX Others Japan 2,219.6 2,450.0 +230.4 - +230.4 North America 814.3 965.0 +150.7 +47.6 +103.1 Revenue Europe 343.8 370.0 +26.2 +3.2 +23.0 China 531.9 615.0 +83.1 +3.5 +79.6 Asia & Others 492.9 500.0 +7.1
Slide 20: Highlights of Financial Performance
Highlights of Financial Performance R&D Expenditure Revenue／Operating Profit／Operating Profit Ratio ／Ratio of R&D Expenditure to Revenue Revenue Operating Profit Operating Profit Ratio R&D Expenditure Ratio of R&D Expenditure to Revenue 【%】 【 Billion JPY 】 【%】 【 Billion JPY 】 4,900.0 205.8 218.6 215
Slide 21: Toyota Production/Powertrain Unit Sales
Toyota Production/Powertrain Unit Sales 【10,000 Unit】 Toyota Production Volume Powertrain Unit Sales Volume Domestic Overseas （）Total Sales of HEV, eAxle (after FYE2021） 953 888 (93) 926 916 904 (136) 893 895 (70) 816 567 643 618 526 326 290 273 276 FYE2020 Results FYE2021 Results FYE2022 Results FY
Slide 22: Half Yearly Performance
Half Yearly Performance Revenue （）Total Sales of HEV, eAxle (after FYE2021） Revenue Powertrain Unit Sales 【Billion JPY】 【10,000 Unit】 531 534 536 （42） 469 484 462 464 （110） （120） 458 （41） （52） （77） 2,000.0 446 （59） 357 （28） 2,069.8 2,106.6 2,296.2 2,454.7 2,445.3 1,000.0 1,913.7 1,870.8 1,864.7 2,05
Slide 23: Quarterly Performance
Quarterly Performance Revenue Revenue Powertrain Unit Sales （）Total Sales of HEV, eAxle (after FYE2021） 【Billion JPY】 【 10,000 Unit 】 274 265 268 275 261 258 243 238 245 1800.0 （20） 227 229 233 236 228 （56） （55） （61） 226 236 222 220 （22） （59） 220 （20） （21） （27） （25） （27） （32） （36） （41） （17） 1200.0 1
Slide 24: Capital Policy
Capital Policy Our core capital policy is to maximize corporate value by maintaining the balance between “financial safety” and “capital efficiency”. We regard capitalization ratio*1 as an important financial index to assess our capital structure, and believe the ratio from 25% to 30% represents opt
Slide 25: Return to Shareholders
Return to Shareholders Our “Return to Shareholders” policy is to achieve steady dividend payout with a dividend payout ratio of around 30%. We also consider to repurchase Treasury Stock based on our capitalization ratio and future investment trends. Profit before Income Taxes／ EPS Dividends per Shar
Slide 26: Note on future predictions
【Note on future predictions 】 Excluding matters related to past and current facts, the business results forecasts and forward-looking estimates, strategies and targets disclosed by the Company are estimates regarding the future. These estimates are formulated from plans, expectations and judgments m