Slide 1: FY2020 3rd Quarter Consolidated Financial Results
FY2020 3rd Quarter Consolidated Financial Results January 31st, 2020 AISIN SEIKI Co., Ltd. The forecasts included in this document are based on information that the Company has obtained at the time of this disclosure and certain assumptions that the Company considers reasonable. The Company does not
Slide 2: Contents
Contents 1.Consolidated Financial Results P.2-8 (FY2020 3rd Quarter) 2.Consolidated Financial Forecast P.9-14 (FY2020 - 12 months) 3.Reference Information P.15-24 1/24
Slide 3: 1. Consolidated Financial Results (FY2020 3rd Quarter)
1.Consolidated Financial Results (FY2020 3rd Quarter) 2/24
Slide 4: FY2020 3rd Quarter Overview of Financial Results
FY2020 3rd Quarter Overview of Financial Results 1. Revenue for FY2020 3rd Quarter decreased compared to last year due to unfavorable Automatic Transmission sales in China, which is in line with the 3rd Quarter forecast in October. There are signs that the market is bottoming out in China. 2. Operat
Slide 5: Consolidated Financial Results (FY2020 3rd Quarter)
Consolidated Financial Results (FY2020 3rd Quarter) FY2019 3Q FY2020 3Q Change FY2020 3Q (Billion yen) Rate to Rate to Forecast in Rate to Results Revenue % Results Revenue % Amount % October Revenue % Revenue 3,013.3 - 2,871.8 - -141.5 -4.7 2,870.0 - Operating Profit 161.4 5.4 77.2 2.7 -84.2 -52.2
Slide 6: Sales by Customer (FY2020 3rd Quarter)
Sales by Customer (FY2020 3rd Quarter) FY2019 3rd Quarter Revenue Other Auto Makers sales breakdown Life & others (Billion yen) (Billion yen) Chinese OEMs Total 93.1 1,213.5 206.8 ⇒ 116.2 (-90.6) 1,200 (3.1%) -196.4 Other Toyota 322.8 1,017.1 Auto Makers Group 1,000 3,013.3 1,213.5 1,706.7 Others 25
Slide 7: Segment Information (FY2020 3rd Quarter)
Segment Information (FY2020 3rd Quarter) Revenue (- 141.5) Operating Profit (- 84.2) (Billion FY2019 3Q F2020 3Q FY2019 3Q FY2020 3Q 2,000 yen) --105.1 (Billion yen) FX Other FX Other Impact factors Impact factors 1,760.5 Japan - -105.1 -62.8 Japan -5.7 -57.1 1,655.4 1,600 North America -10.0 +17.4
Slide 8: Fluctuations for Operating Profit (FY2019 3Q / FY2020 3Q)
7/24 (Billion yen) FY2020 3Q 77.2 Operating Production Preparation cost Profit 96.5 -19.3 Quality-related costs for FY 2020 Depreciation Operating Profit (Except non-ordinary R&D cost factors for FY 2020) -12.5 Fixed cost & others -13.9 Fluctuations for Operating Profit +0.4 -7.0 Ordinary factors -8
Slide 9: Fluctuations for Operating Profit vs October Forecast
Fluctuations for Operating Profit (FY2020 3rd Quarter) FY2019 3Q (Forecast in October) (Billion yen) / FY2019 3Q +4.2 +0.3 -10.3 Carry Over & others Fixed cost 82.5 -2.5 +2.7 +0.3 (Forecast) Operating Profit Sales fluctuation FX impact Structural reforms Quality-related 77.2 costs Profit Operating -
Slide 10: 2. Consolidated Financial Forecast (FY2020 - 12 months)
2.Consolidated Financial Forecast (FY2020 - 12 months) 9/24
Slide 11: Consolidated Financial Forecast (FY2020 - 12 months)
Consolidated Financial Forecast (FY2020 - 12 months) FY2019 FY2020 Change FY2020 (Billion yen) Rate to Rate to Results Revenue Forecast Revenue Amount % Forecast Rate to in Oct. Revenue % % % Revenue 4,043.1 - 3,840.0 - -203.1 -5.0 3,840.0 - Operating Profit 205.5 5.1 75.0 2.0 -130.5 -63.5 75.0 2.0
Slide 12: Forecast of Sales by Customer (FY2020 - 12 months)
Forecast of Sales by Customer (FY2020 - 12 months) FY2019 Revenue Other Auto Makers sales breakdown Life & others (Billion yen) (Billion yen) Chinese OEMs Total 127.2 1,600 1,599.0 258.7 ⇒147.7(-111.0) (3.1%) 349.4 -215.0 1,384.0 1,400 Other Auto Makers Toyota Others -52.5 4,043.1 74.1 296.9 1,599.0
Slide 13: Forecast of Segment Information (FY2020 - 12 months)
Forecast of Segment Information (FY2020 - 12 months) Revenue (-203.1) Operating Profit (- 130.5) (Billion yen) -184.3 FY2019 FY2020 （億円） yen) (Billion FY2019 FY2020 2,500 FX Other FX Other 2,376.3 Impact factors Impact factors 2,192.0 Japan - -184.3 Japan -9.5 -74.4 North North America +0.2 -6.0 -17
Slide 14: Forecast of Fluctuations for Operating Profit (FY2019 / FY2020)
Forecast of Fluctuations for Operating Profit (FY2020 - 12 months) FY2019 / FY2020 (Billion yen) 231.7 Quality-related costs for FY 2020 (Except non-ordinary factors for FY 2019 ) Operating Profit +26.2 Loss on Business liquidation quality-related 205.5 costs for FY 2019 -99.7 Depreciation Operating
Slide 15: Forecast of Fluctuations for Operating Profit vs October Forecast
Forecast of Fluctuations for Operating Profit (FY2020 - 12 months) FY2020 (Forecast in October) (Billion yen) / FY2020 (Forecast) -0.7 ±0 75.0 +3.9 Fixed cost & others Non-ordinary factors for FY 2020 -3.7 75.0 +0.5 (Forecast) Operating Profit FX impact (Forecast) Operating Profit Sales fluctuation
Slide 16: 3. Reference Information
3.Reference information 15/24
Slide 17: Capital Expenditure/Depreciation/R&D Expenditure
Capital Expenditure/Depreciation/ R&D Expenditure Capital Expenditure Depreciation R&D Expenditure AW-G of (Billion yen) FY2020(Forecast) amount includes （）: Rate to sales AISIN AI Group by 389.9 Others integration. ADS-G AW-G 32.9 315.0 AISIN SEIKI-G 260.3 245.0 38.8 237.4 144.9 226.4 (5.4%) 213.4
Slide 18: Toyota car production
Toyota car production Toyota Domestic Toyota Oversea Toyota Global production production production (10,000 Unit) 4Q 3Q 909 892 906 907 2Q 1Q 225 220 226 222 596 578 591 578 144 137 136 140 227 234 224 232 313 315 329 151 151 155 146 314 82 231 223 222 228 81 83 90 78 148 147 149 144 76 81 79 83 76
Slide 19: Sales Number
Sales Number AT sales MT sales (10,000 Unit) (10,000 Unit) 983 999 1,000 869 925 200 247 165 164 800 258 243 151 234 150 39 40 246 33 115 600 258 236 224 100 45 48 36 28 400 246 30 207 234 220 39 34 39 200 50 29 204 233 260 226 42 42 43 0 28 0 F2017 FY2018 FY2019 FY2020 FY2017 FY2018 FY2019 FY2020 (
Slide 20: Foreign Currency Exchange Rate
Foreign Currency Exchange Rate Foreign Exchange Rate (yen) 140 130 129 119 121 EUR 120 100 USD 109 111 111 108 80 20.0 16.1 16.8 16.5 15.4 CNY 10.0 3.1 3.4 3.4 3.5 THB 0.0 FY2017 FY2018 FY2019 FY2020 (Forecast) Impacts on Forex Impact on Operating Operating Profit profit per 1(or 0.1) yen (Billion y
Slide 21: Financial Results of the Main Consolidated Companies I
Financial Results of the Main Consolidated Companies Ⅰ AISIN SEIKI Group (Billion yen) 4.9% ◆ 4.4% ◆ 3.8% (Billion yen) ◆ 120 2,000 1,776.2 1,782.6 1,700.0 2.4% 1,641.9 1,500 80.5 78.0 4Q 420.4 3Q 90 67.0 ◆ 46.9 40.0 60 1,000 4Q-6.9 3Q 1,279.6 500 30 0 0 FY2017 FY2018 FY2019 FY2020(Forecast) AISIN A
Slide 22: Financial Results of the Main Consolidated Companies II
Financial Results of the Main Consolidated Companies Ⅱ AISIN Takaoka Group (Billion yen) 4.5% 4.2% (Billion yen) ◆ 4.1% ◆ ◆ 30 400 2.2% 320.7 313.0 ◆ 300 273.0 295.7 20 4Q 75.0 200 12.3 13.5 11.9 8.6 10 3Q 238.0 1.1 4Q 100 7.5 3Q 0 0 FY2017 FY2018 FY2019 FY2020(Forecast) ADVICS Group (Billion yen) 2
Slide 23: Quarterly Performance
Quarterly Performance Revenue (Billion yen) (10,000 Unit) 1,800 231 227 225 232 234 233 250 226 217 223 220 224 222 226 228 224 222 200 1,200 1,023.51,030.21,007.9 986.5 1,018.91,029.7 963.0 950.7 958.0 957.5 917.0 938.0 968.1 838.6 858.8 907.5 150 600 100 50 0 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
Slide 24: Half Yearly Performance
Half Yearly Performance Revenue (10,000 Unit) (Billion yen) 3,000 457 452 440 452 446 460 461 446 480 2,400 2,053.8 1,994.4 2,048.7 1,926.3 360 1,865.0 1,855.1 1,913.7 1,697.5 1,800 240 1,200 600 120 0 0 1H 2H 1H 2H 1H 2H 1H 2H (Forecast) FY2017 FY2018 FY2019 FY2020 Operating Profit (Billion 210yen)
Slide 25: Capital policy and Return to Shareholders
Capital policy and Return to Shareholders 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 as an important financial index to assess our capital structure, and believe