Slide 1: FYE2023 2nd Quarter Financial Results
For the Fiscal year Ended March 31, 2023 2nd Quarter (April 1, 2022 to September 30, 2022) Financial Results October 28th, 2022 AISIN CORPORATION For the Fiscal year Ended March 31, 2023 2nd Quarter Financial Results/ 2022.10.28 / © AISIN CORPORATION All Rights Reserved.
Slide 2: Overview of FYE2023 2nd Quarter Financial Results
Overview of FYE2023 2nd Quarter Finalcial Results Revenue increased YoY due to FX impact and production volume around the same level as previous 1H, regardless of unfavorable OEM production volume caused by the FYE2023 semiconductor shortage more than expected. 1H Operating profit decreased YoY due
Slide 3: Consolidated Financial Results (FYE2023 2nd Quarter)
Consolidated Financial Results (FYE2023 2nd Quarter) For the Fiscal year Ended March 31, 2023 2nd Quarter Financial Results/ 2022.10.28 / © AISIN CORPORATION All Rights Reserved. 1
Slide 4: FYE2023 2nd Quarter Results Financial Summary
FYE2023 2nd Quarter Results Financial Summary （ ）shows rate to Revenue % 【Billion JPY】 FYE2022 2nd Quarter FYE2023 2nd Quarter Change rate Change Results Results % Revenue 1,864.7 - 2,106.6 - 241.9 13.0 Operating Profit 85.1 (4.6) 26.6 (1.3) -58.5 -68.7 Profit before income taxes 96.1 (5.2) 54.9 (2.
Slide 5: FYE2023 2nd Quarter Revenue by Customer
FYE2023 2nd Quarter Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and others Revenue by Customer（Other OEMs） 2,106.6 Customer FYE2022 2Q FYE2023 2Q Change Change 1,864.7 57.4 Results Results rate (%) (2.7%) 58.1 Stellantis 111.1 129.0 +17.9 +16.1 (3.1%) VW & Audi 126.9 94.2 -32.7 -25
Slide 6: FYE2023 2nd Quarter Segment Information
FYE2023 2nd Quarter Segment Information FYE2022 2nd Quarter Results FYE2023 2nd Quarter Results 【Billion JPY】 Revenue（YoY＋241.9） Operating Profit （YoY-58.5） -21.6 -67.2 1,064.8 1,043.2 59.9 +108.5 +11.3 -1.1 +83.1 +75.8 29.4 391.8 -4.0 -1.0 16.315.2 18.1 283.3 280.0 234.2 -10.0 196.9 158.4 161.1 2.2
Slide 7: FYE2023 2nd Quarter Analysis of Operating Profit
FYE2023 2nd Quarter Analysis of Operating Profit 【Billion JPY】 85.1 - 20.0 - 65.0 +7.0 -16.5 +23.0 -15.0 +28.0 26.6 FYE2022 2Q Sales & Product Materials/ FX Impact Cost structure Structural Fixed Expenditure FYE2023 2Q Result mix etc. Logistics cost Improvement reforms expense etc. for Key areas Res
Slide 8: Consolidated Financial Forecast (FYE2023)
Consolidated Financial Forecast (FYE2023) For the Fiscal year Ended March 31, 2023 2nd Quarter Financial Results/ 2022.10.28 / © AISIN CORPORATION All Rights Reserved. 2
Slide 9: FYE2023 Forecast Financial Summary
FYE2023 Forecast Financial Summary （ ）shows rate to Revenue % 【Billion JPY】 FYE2022 FYE2023 Change rate FYE2023 Change Results Forecasts ％ Forecasts(Apr 28th) Revenue 3,917.4 - 4,550.0 - +632.6 +16.1 4,450.0 - Operating Profit 182.0 (4.6) 190.0 (4.2) +8.0 +4.4 190.0 (4.3) Profit before income taxes
Slide 10: FYE2023 Revenue by Customer
FYE2023 Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and others Revenue by Customer（Other OEMs） 4,550.0 FYE2022 FYE2023 Change rate Customer Change 130.0 Results Forecast (%) 3,917.4 (2.9%) Stellantis 236.5 318.0 +81.5 +34.5 118.5 (3.0%) VW & Audi 218.8 191.0 -27.8 -12.7 1,532.0 SUZ
Slide 11: FYE2023 Revenue by Region
FYE2023 Revenue by Customer FYE2022 Results FYE2023 Forecast 【 Billion JPY 】 Revenue（YoY＋632.6） Operating Profit （YoY＋8.0） -16.5 +77.9 2,250.0 116.5 2,172.1 100.0 +11.2 +239.3 +0.1 60.0 48.8 +158.1 825.0 +52.7 +104.8 34.9 35.0 615.0 -0.1 585.7 456.9 +6.6 385.0 475.0 5.1 5.0 332.3 370.2 -16.6-10.0 Ja
Slide 12: FYE2023 Analysis of Operating Profit
FYE2023 Analysis of Operating Profit 【 Billion JPY 】 【Compared to Disclosure on April 28th】 【±0.0】 【±0.0】 【±0.0】 【±0.0】 +15.0 -19.0 【- 47.0】 【±0.0】 【+47.0】 +50.0 -25.0 182.0 -3.0 190.0 -65.0 +55.0 FYE2022 Sales & Product Materials/ FX Impact Cost structure Structural Fixed Expenditure FYE2023 mix et
Slide 13: Topics
Topics For the Fiscal year Ended March 31, 2023 2nd Quarter Financial Results/ 2022.10.28 / © AISIN CORPORATION All Rights Reserved. 3
Slide 14: Efforts for BEV
Efforts for BEV Power management Energy Management Smaller size/High efficiency 【 Larger space Better electric mileage 】 Electric unit Drive/Brake force control Battery frame related 【 Higher motorability 】 Down sizing/ integration 【Larger space】 Regenerative cooperative brake Motor power Brake powe
Slide 15: Electric Unit Lineup
Electric Unit Lineup 2020 2025 2030 Small Pursuit of better fuel 2M-HEV High efficiency/low cost Model development efficiency and medium PHEV FF HEV The charm of 1M-PHEV motion Large premium Motion and fuel FR 1M-HEV economy 2nd generation 3rd generation Small For small Higher efficiency/ (including
Slide 16: Gen.2 eAxle development status
Gen.2 eAxle development status Added Smaller size Higher efficiency Higher output value Contributes to expand cabin and Contributes to extend Contributes to improved power battery space cruising range and towing performance Our ・Ultra-down sizing by optimal ・High gear engaging ・Continuous output str
Slide 17: Gen.3 eAxle development status
Gen.3 eAxle development status Ultra-compact size due to innovated structure utilizing Ultra-down sized model Smaller size AT and HEV knowledge ➡ Dramatic improvement of mountability for all vehicle size and front/rear Size image Gen.1 Reduced electricity consumption by higher efficiency/ Higher eff
Slide 18: Reference information
Reference information For the Fiscal year Ended March 31, 2023 2nd Quarter Financial Results/ 2022.10.28 / © AISIN CORPORATION All Rights Reserved. 4
Slide 19: Mobility Revenue Details
Revenue Details （ ）shows rate to Revenue % 【Billion JPY】 FYE2022 2Q FYE2023 2Q Change % Results Results Powertrain 1,057.3 1,193.7 (56.7) +136.4 +12.9 Chassis & Vehicle 354.0 432.4 (20.5) +78.4 +22.1 Mobility Safety systems Body 348.1 387.6 (18.4) +39.5 +11.4 CSS* & Others 47.0 35.4 (1.7) -11.6 -24.
Slide 20: CAPEX / Depreciation / R&D expenditure
CAPEX / Depreciation / R&D 【Billion JPY】 FYE2022 2Q FYE2023 2Q FYE2022 FYE2023 By Business Results Forecasts Resullts Resullts Powertrain 43.8 38.6 96.7 116.0 Chassis & Vehicle 26.4 19.4 46.6 48.0 CAPEX Safety systems Body 13.9 15.3 31.9 39.0 CSS* & Others 17.5 15.3 43.5 57.0 Total 101.6 88.6 218.7
Slide 21: FYE2023 2Q Segment by Region
FYE2023 2Q Segment by Region 【Billion JPY】 FYE2022 2Q FYE2023 2Q Region Change Results Results FX Others Japan 1,064.8 1,043.2 -21.6 - -21.6 North America 283.3 391.8 +108.5 71.0 +37.5 Revenue Europe 161.1 157.1 -4.0 9.0 -13.0 China 196.9 280.0 +83.1 40.5 +42.6 Asia & Others 158.4 234.2 +75.8 27.5 +
Slide 22: FYE2023 Segment by Region
FYE2023 Segment by Region 【Billion JPY】 FYE2022 FYE2023 Region Change Results Forecasts FX Others Japan 2,172.1 2,250.0 +77.9 - +77.9 North America 585.7 825.0 +239.3 +148.5 +90.8 Revenue Europe 332.3 385.0 +52.7 +2.5 +50.2 China 456.9 615.0 +158.1 +75.0 +83.1 Asia & Others 370.2 475.0 +104.8 +55.0
Slide 23: 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 】 250 4,043.1 4,550.0 202
Slide 24: Toyota production/Powertrain Unit Sales
Toyota production/Powertrain Unit Sales 【10,000 Unit】 Toyota production Volume Powertrain Unit Sales Volume （）Total sales of HEV, eAxle (after FYE2021） Domestic Overseas 999 953 916 904 888 (93) 906 893 (70) 816 591 567 643 526 315 326 290 273 FYE2019 Result FYE2020 Result FYE2021 Result FYE2022 Res
Slide 25: Half Yearly Performance
Half Yearly Performance 【10,000 Unit】 Revenue Revenue Powertrain Unit Sales （）Total sales of HEV, eAxle (after FYE2021） 【Billion JPY】 531 538 506 （42） 469 484 （97） 493 462 458 （41） （52） 2,000 446 （59） 357 （28） 2,069.8 2,052.7 2,106.6 2,443.4 1,000 1,994.4 2,048.7 1,913.7 1,870.8 1,864.7 1,455.9 0 1H
Slide 26: Quarterly Performance
Quarterly Performance 【10,000 Unit】 Revenue Revenue Powertrain Unit Sales （）Total sales of HEV, eAxle (after FYE2021） 【Billion JPY】 274 258 1,800 260 （20） 243 227 238 245 246 246 247 236 220 （22） 229 233 226 220 222 （20） （21） （27） （25） （27） （32） （17） 1,200 137 （10） 986.5 1,029.7 1,021.3 997.8 1,108.
Slide 27: 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 28: 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 29: 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