Slide 1: Financial Results for the Fiscal Year Ended March 31, 2024
For the Fiscal year Ended March 31 (April 1, 2023 to March 31, 2024) Financial Results April 26, 2024 AISIN CORPORATION For the Fiscal year Ended March 31, 2024 Financial Results/ 2024.4.26 / © AISIN CORPORATION All Rights Reserved.
Slide 2: Overview of FYE2024 Financial Results
Overview of FYE2024 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 unit sales. Results Operating profit increased YoY due to improvements in the business environment and cost s
Slide 3: Consolidated Financial Results (FYE2024)
Consolidated Financial Results (FYE2024) For the Fiscal year Ended March 31, 2024 Financial Results/ 2024.4.26 / © AISIN CORPORATION All Rights Reserved. 1
Slide 4: FYE2024 Results Financial Summary
FYE2024 Results Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE2023 FYE2024 Change rate FYE2024 Forecast Change Results Results ％ As of Feb. 2 Revenue 4,402.8 - 4,909.5 - +506.7 +11.5 4,900.0 - Operating Profit 57.9 (1.3) 143.3 (2.9) +85.4 +147.5 150.0 (3.1) Profit before income tax
Slide 5: FYE2024 Revenue by Customer
FYE2024 Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and Others Revenue by Customer（Other OEMs） 4,909.5 FYE2023 FYE2024 4,402.8 Change 135.0 Customer Change (2.8%) Results Results Rate (%) 124.4 Stellantis 275.5 281.9 +6.4 +2.3 (2.8%) VW & Audi 177.2 194.0 +16.8 +9.5 Other 1,556.7 S
Slide 6: FYE2024 Segment Information
FYE2024 Segment Information FYE2023 Results FYE2024 Results（Excluding Quality-related Cost） 【 Billion JPY 】 Revenue （ YoY ＋506.7） Operating Profit （ YoY ＋148.4*） * Excluding Quality-related Cost of 63.0 +231.2 +98.6 2,450.8 94.1 2,219.6 -1.4 +168.0 +20.4 62.260.8 982.3 +80.4 -0.6 36.4 814.3 +6.2 +38
Slide 7: FYE2024 Analysis of Operating Profit
FYE2024 Analysis of Operating Profit 【 Billion JPY 】 【 Compared to Disclosure on Feb. 2 】 【-4.7】 【-6.7】 + 60.0 -19.6 206.3 -63.0 【-1.5】 【+6.5】 【-6.7】 【-7.0】 + 21.5 + 8.5 + 58.0 143.3 + 20.0 57.9 One-time Costs Sales &Product Cost Structure Quality-related FYE2024 FYE2023 (Expense for Mix etc. FX Imp
Slide 8: Consolidated Financial Forecast (FYE2025)
Consolidated Financial Forecast (FYE2025) For the Fiscal year Ended March 31, 2024 Financial Results/ 2024.4.26 / © AISIN CORPORATION All Rights Reserved. 2
Slide 9: FYE2025 Forecast Financial Summary
FYE2025 Forecast Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE2024 FYE2025 Change Rate Change Results Forecast % Revenue 4,909.5 - 4,920.0 - +10.5 +0.2 Operating profit 143.3 (2.9) 220.0 (4.5) +76.7 +53.4 Profit before Income Taxes 149.8 (3.1) 225.0 (4.6) +75.2 +50.1 Profit for th
Slide 10: FYE2025 Revenue by Customer
FYE2025 Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and Others Revenue by Customer（Other OEMs） 4,909.5 4,920.0 FYE2024 FYE2025 Change 135.0 120.0 Customer Change Results Forecast Rate (%) (2.8%) (2.4%) Stellantis 281.9 235.0 -46.9 -16.6 SUZUKI 168.5 184.0 +15.5 +9.2 1,556.7 Other 1
Slide 11: FYE2025 Segment Information
FYE2025 Segment Information FYE2024 Results （Excluding Quality-related Cost） FYE2025 Forecast 【 Billion JPY 】 Revenue （ YoY ＋10.5） Operating Profit （ YoY ＋13.7*） * Excluding Quality-related Cost of 63.0 +39.2 2,490.0 +11.9 2,450.8 106.0 94.1 +72.7 -4.8 1,055.0 982.3 60.8 -37.3 +15.9 -6.4 56.0 -79.7
Slide 12: FYE2025 Analysis of Operating Profit
FYE2025 Analysis of Operating Profit 【 Billion JPY 】 +70.0 -14.3 220.0 +63.0 -45.0 -2.0 +5.0 143.3 Cost Structure Investments for FYE2024 One-time cost Sales & Product FX Impact Materials/ Human Capital/ FYE2025 (Quality-related Cost) Mix etc. Improvement Results Logistics Cost the Future Forecast ・
Slide 13: Business Progress
Business Progress For the Fiscal year Ended March 31, 2024 Financial Results/ 2024.4.26 / © AISIN CORPORATION All Rights Reserved. 3
Slide 14: SUBARU and AISIN to Collaborate on Electric Drive Module
Expand Sales of Electrification Products for BEV SUBARU and AISIN to Collaborate on Electric Drive Module※ for Next-Generation Electrified Vehicles（Announced on March 12） SUBARU and AISIN have agreed to jointly develop and share production of Electric Drive Module for use in battery electric vehicle
Slide 15: ADVICS Products Adopted in LUXGEN's BEV n7
Expand Sales of Electrification Products for BEV ADVICS Products Adopted in LUXGEN's BEV "n7" for the First Time ADVICS products are adopted in the "n7" EV sold by Taiwanese brand LUXGEN, which is based on the "Model C" SUV designed by Foxtron Vehicle Technologies , a subsidiary of Hon Hai Precision
Slide 16: Strengths of AISIN's HEV
Strengths of AISIN's HEV Product Development Production Resources Customer Base More than 20 years of Global HEV Solid customer base of technology and lineup production system major clients Cumulative production of Number of inquiries more than 7 million units More than 10 Projects Mass production M
Slide 17: 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 （ 23.9BJPY in funds generated Cross-Shareholdings （ 32.2BJPY in funds this fiscal year ） （
Slide 18: Capital Allocation for 2025
Capital Allocation for 2025 FY23～FY25 Prediction (3yr cumulative) (Billion JPY) 2,300.0 2,300.0 ●Financial Control balance on financial health and investment efficiency Loan Repayment (Capitalization ratio 25%～30%) BS Reform Health 400.0 etc. 300.0 Dividend ●Return to 150.0 Stable dividend (payout r
Slide 19: Reference information
Reference information For the Fiscal year Ended March 31, 2024 Financial Results/ 2024.4.26 / © AISIN CORPORATION All Rights Reserved. 4
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 】 4,909.5 4,920.0 218.6 2
Slide 21: 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 22: 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 23: 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