Slide 1: Financial Results for the Fiscal Year Ended March 2023, 3rd Quarter
For the Fiscal year Ended March 31, 2023 3rd Quarter (April 1, 2022 to December 31, 2022) Financial Results February 3rd, 2023 AISIN CORPORATION For the Fiscal year Ended March 31, 2023 3rd Quarter Financial Results/ 2023.2.3 / © AISIN CORPORATION All Rights Reserved.
Slide 2: Overview of FYE2023 3rd Quarter Financial Results
Overview of FYE2023 3rd Quarter Financial Results Revenue increased YoY due to FX impact, regardless of unfavorable OEM production FYE2023 volume caused by the semiconductor shortage more than expected. 3Q Operating profit decreased YoY due to the impacts of external environment such as the producti
Slide 3: Consolidated Financial Results (FYE2023 3rd Quarter)
Consolidated Financial Results (FYE2023 3rd Quarter) For the Fiscal year Ended March 31, 2023 3rd Quarter Financial Results/ 2023.2.3 / © AISIN CORPORATION All Rights Reserved. 1
Slide 4: 3rd Quarter Results Financial Summary
FYE2023 3rd Quarter Results Financial Summary （ ）shows rate to Revenue % 【 Billion JPY 】 FYE2022 3rd Quarter FYE2023 3rd Quarter Change rate Change Results Results ％ Revenue 2,868.3 - 3,211.1 - +342.8 +11.9 Operating Profit 139.1 (4.9) 27.0 (0.8) -112.1 -80.5 Profit before income taxes 161.6 (5.6) 4
Slide 5: 3rd Quarter Revenue by Customer
FYE2023 3rd Quarter Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and others Revenue by Customer（Other OEMs） 3,211.1 FYE2022 3Q FYE2023 3Q Change 88.1 Customer Change 2,868.3 (2.8%) Results Results rate (%) 87.3 Stellantis 166.6 194.0 +27.4 +16.5 (3.0%) VW & Audi 174.7 143.8 -30.9 -1
Slide 6: 3rd Quarter Segment Information
FYE2023 3rd Quarter Segment Information FYE2022 3rd Quarter Results FYE2023 3rd Quarter Results 【 Billion JPY 】 Revenue（YoY＋342.8） Operating Profit（YoY-112.1） -118.0 -20.7 91.8 1,620.7 1,600.0 +14.1 -4.3 45.2 +160.1 29.224.9 31.1 +99.6 +105.0 +0.9 583.8 -16.2 -1.3 423.7 425.0 3.0 3.9 325.4 362.0 241
Slide 7: 3rd Quarter Analysis of Operating Profit
FYE2023 3rd Quarter Analysis of Operating Profit 【 Billion JPY 】 139.1 - 48.0 - 102.0 + 11.0 - 26.1 + 36.0 - 23.0 + 40.0 27.0 FYE2022 3Q Sales & Product Materials/ FX Impact Cost structure Structural Fixed Expenditure FYE2023 3Q Results mix etc. Logistics cost Improvement reforms expense etc. for Ke
Slide 8: Consolidated Financial Forecast (FYE2023)
Consolidated Financial Forecast (FYE2023) For the Fiscal year Ended March 31, 2023 3rd Quarter Financial Results/ 2023.2.3 / © AISIN CORPORATION All Rights Reserved. 2
Slide 9: Forecast Financial Summary
FYE2023 Forecast Financial Summary （ ）shows rate to Revenue % 【 Billion JPY 】 FYE2022 FYE2023 Change rate FYE2023 Change Results Forecast % Forecast(Oct 28th) Revenue 3,917.4 - 4,350.0 - +432.6 +11.0 4,550.0 - Operating Profit 182.0 (4.6) 90.0 (2.1) -92.0 -50.6 190.0 (4.2) Profit before income taxes
Slide 10: Revenue by Customer
FYE2023 Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and others Revenue by Customer（Other OEMs） 4,350.0 Customer FYE2022 FYE2023 Change Change rate FYE2023 Forecast 123.0 Results Forecast (%) 3,917.4 (Oct 28th) (2.9%) Stellantis 236.5 274.0 +37.5 +15.8 318.0 118.5 (3.0%) VW & Audi 2
Slide 11: Segment Information
FYE2023 Segment Information FYE2022 Results FYE2023 Forecast 【 Billion JPY 】 Revenue（YoY＋432.6） Operating Profit（YoY-92.0） -93.5 +42.9 2,215.0 116.5 2,172.1 +9.2 -14.9 58.0 +199.3 48.8 +1.9 34.9 +68.1 +114.8 23.0 785.0 +7.7 -1.4 20.0 585.7 525.0 5.1 7.0 485.0 340.0 456.9 370.2 332.3 -16.6 -18.0 Asia
Slide 12: Analysis of Operating Profit
FYE2023 Analysis of Operating Profit 【 Billion JPY 】 【Compared to Disclosure on October 28th】 【- 82.0】 182.0 -85.0 【± 0.0】 【- 12.0】 【- 5.0】 +15.0 -31.0 【- 3.0】 +45.0 【+ 10.0】 -28.0 【- 8.0】 -55.0 +47.0 90.0 FYE2022 Sales & Product Materials/ FX Impact Cost structure Structural Fixed Expenditure FYE20
Slide 13: Reference information
Reference information For the Fiscal year Ended March 31, 2023 3rd Quarter Financial Results/ 2023.2.3 / © AISIN CORPORATION All Rights Reserved. 3
Slide 14: Revenue Details
Revenue Details （ ）shows rate to Revenue % 【Billion JPY】 FYE2022 3Q FYE2023 3Q Change % Results Results Powertrain 1,623.8 1,812.4 (56.5) +188.6 +11.6 Chassis & Vehicle 556.3 658.1 (20.5) +101.8 +18.3 Mobility Safety systems Body 531.0 595.1 (18.5) +64.1 +12.1 CSS* & Others 69.7 57.2 (1.8) -12.5 -18
Slide 15: CAPEX / Depreciation / R&D
CAPEX / Depreciation / R&D 【Billion JPY】 FYE2022 3Q FYE2023 3Q FYE2022 FYE2023 By Business Resullts Resullts Resullts Forecast Powertrain 66.0 60.2 96.7 101.0 Chassis & Vehicle 36.1 27.4 46.6 45.0 CAPEX Safety systems Body 20.9 24.1 31.9 36.0 CSS* & Others 24.3 23.7 43.5 53.0 Total 147.3 135.4 218.7
Slide 16: 3Q Segment by Region
FYE2023 3Q Segment by Region 【Billion JPY】 FYE2022 3Q FYE2023 3Q Change Region Change Results Results FX Others Japan 1,620.7 1,600.0 -20.7 - -20.7 North America 423.7 583.8 +160.1 +109.0 +51.1 Revenue Europe 241.4 240.1 -1.3 +17.0 -18.3 China 325.4 425.0 +99.6 +56.0 +43.6 Asia & Others 257.0 362.0
Slide 17: Segment by Region
FYE2023 Segment by Region 【Billion JPY】 FYE2022 FYE2023 Change Region Change Results Forecast FX Others Japan 2,172.1 2,215.0 +42.9 - +42.9 North America 585.7 785.0 +199.3 +129.5 +69.8 Revenue Europe 332.3 340.0 +7.7 +21.0 -13.3 China 456.9 525.0 +68.1 +57.0 +11.1 Asia & Others 370.2 485.0 +114.8 +
Slide 18: 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 】 5.1 4,043.1 3,784.5 4.1
Slide 19: 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 999 953 893 916 888 (93) 906 904 (70) 816 591 567 643 526 315 326 290 273 FYE2019 Results FYE2020 Results FYE2021 Results FYE2022
Slide 20: Half Yearly Performance
Half Yearly Performance Revenue Revenue Powertrain Unit Sales （）Total sales of HEV, eAxle (after FYE2021） 【10,000 Unit】 【Billion JPY】 531 506 493 （42） 469 484 462 （52） 468 446 458 （41） （59） （82） 2,000 357 （28） 1,000 1,994.4 2,048.7 1,913.7 1,870.8 2,069.8 1,864.7 2,052.7 2,106.6 2,243.4 1,455.9 0 1H
Slide 21: Quarterly Performance
Quarterly Performance Revenue Revenue Powertrain Unit Sales （）Total sales of HEV, eAxle (after FYE2021） 【10,000 Unit】 【Billion JPY】 274 258 1,800 260 （20） 243 227 238 245 236 246 246 247 236 220 （22） （20） 229 233 232 226 220 222 （21） （27） （25） （27） （32） （36） （17） （46） 1,200 137 （10） 986.5 1,029.7 1,
Slide 22: 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 23: 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 24: 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