Aisin Corporation · TSE:7259

Aisin — Q2 FYE2025 Earnings Presentation

25 slides from Aisin's earnings presentation, Oct 31, 2024

  1. Slide 1: Financial Results for FYE2025 2nd Quarter

    For the Fiscal year Ended March 31, 2025 2nd Quarter (April 1, 2024 to September 30, 2024) Financial Results October 31, 2024 AISIN CORPORATION For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved.

  2. Slide 2: Overview of FYE2025 2nd Quarter Financial Results

    Overview of FYE2025 2nd Quarter Financial Results Revenue decreased compared to the previous year, due to the decrease in sales volume FYE2025 of powertrain units for Europe and China, despite the effect of FX changes. 2Q Operating profit decreased compared to the previous year, due to the investmen

  3. Slide 3: Consolidated Financial Results (FYE2025 2nd Quarter)

    Consolidated Financial Results (FYE2025 2nd Quarter) For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved. 1

  4. Slide 4: FYE2025 2nd Quarter Results Financial Summary

    FYE2025 2nd Quarter Results Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE 2024 2nd Quarter FYE 2025 2nd Quarter Change Rate Change Results Results ％ Revenue 2,454.7 - 2,352.5 - - 102.2 - 4.2 Operating Profit 90.8 (3.7) 56.1 (2.4) - 34.7 - 38.1 Profit before Income Taxes 108.2 (4.4

  5. Slide 5: FYE2025 2nd Quarter Revenue by Customer

    FYE2025 2nd Quarter Revenue by Customer Mobility 【 Billion JPY 】 Energy Solutions and Others Revenue by Customer（Other OEMs) 2,454.7 62.5 2,352.5 Customer FYE2024 2Q FYE2025 2Q Change Change (2.5%) 55.3 Results Results Rate (%) (2.4%) Stellantis 142.0 113.5 - 28.5 - 20.0 SUZUKI 77.1 90.9 + 13.8 + 17

  6. Slide 6: FYE2025 2nd Quarter Segment Information

    FYE2025 2nd Quarter Segment Information FYE2024 2nd Quarter Results FYE2025 2nd Quarter Results 【 Billion JPY 】 Revenue（YoY- 102.2） Operation Profit（YoY- 34.7） - 65.7 - 34.4 1,227.4 1,161.7 43.1 + 1.8 + 42.5 - 4.1 28.830.6 520.6 - 33.3 478.1 19.1 - 40.4 - 5.3 311.3 15.0 278.0252.4 - 1.8 185.3 247.1

  7. Slide 7: FYE2025 2nd Quarter Analysis of Operating Profit

    FYE2025 2nd Quarter Analysis of Operating Profit 【 Billion JPY 】 90.8 - 51.5 + 26.0 - 20.7 + 15.5 - 4.0 56.1 24/3 売上・… Cost Structure Investments 固定費… for 25/3 FYE2024 2Q 2nd Sales & Product FX為替変動 Impact 原材料価格変動 Materials/ 企業体質… FYE2025 2Q 2nd Improvement Human Capital/ Results Mix etc. Logistics C

  8. Slide 8: Consolidated Financial Forecast (FYE2025)

    Consolidated Financial Forecast (FYE2025) For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved. 2

  9. Slide 9: FYE2025 Forecast Financial Summary

    FYE2025 Forecast Financial Summary （ ）Shows Rate to Revenue % 【 Billion JPY 】 FYE 2024 FYE2025 Change FYE2025 Forecast Change Results Forecast Rate％ As of Apr. 26 Revenue 4,909.5 - 4,800.0 - - 109.5 - 2.2 4,920.0 - Operating Profit 143.3 (2.9) 200.0 (4.2) + 56.7 + 39.5 220.0 (4.5) Profit before Inco

  10. 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 4,800.0 135.0 120.0 FYE2024 FYE2025 Change (2.8%) (2.5%) Customer Change Results Forecast Rate (%) Stellantis 281.9 227.0 - 54.9 - 19.5 1556.7 1,450.0 SUZUKI 168.5 190.0 + 21.5 -

  11. Slide 11: FYE2025 Segment Information

    FYE2025 Segment Information FYE2024 Results （Excluding Quality-related Cost） FYE2025 Forecast 【 Billion JPY 】 Revenue（YoY- 109.5 ） Operating Profit （YoY- 6.3*） * Excluding Quality-related Cost of 63.0 - 30.8 2,450.82,420.0 + 2.9 + 27.7 94.1 97.0 1,010.0 - 2.8 982.3 - 32.3 + 5.9 - 9.4 60.858.0 - 79.7

  12. Slide 12: FYE2025 Analysis of Operating Profit

    FYE2025 Analysis of Operating Profit 【Compared to Disclosure on Apr 26】 【 Billion JPY 】 【+ 0】 【+ 0】 【+ 0】 【- 29.0】 【- 20.0】 + 70.0 - 14.3 + 63.0 - 74.0 200.0 【+ 0】 【+ 9.0】 143.3 + 7.0 + 5.0 Cost Structure Investments for FYE2024 One-time cost Sales & Product FX Impact Materials/ FYE2025 Improvement

  13. Slide 13: Business Progress

    Business Progress For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved. 3

  14. Slide 14: Today's News Release

    Today's News Release Mitsubishi Electric Mobility and AISIN Further Strengthen Group Management Agree on Business Partnership to Develop （To Merge Aisin Chemical into AISIN） Products for Next-Generation xEVs Accelerate development of next-generation electrification-related products and further stren

  15. Slide 15: Restructure Business Portfolio for FYE2031

    Restructure Business Portfolio for FYE2031 FYE FYE 2022 2031 ROIC Existing Domains Growing Domains Resources Labor/Assets/Capital VC With Safe/ Partners PHEV Comfort New HEV Entry Business AT ・Surrounded monitoring ・Door system BEV Products ・eAxle Brakes ・Battery Frame Existing ・Giga-cast Growth Eng

  16. Slide 16: Development Progress of Electrification and Intelligence

    Development Progress of Electrification and Intelligence Held “Electrification and Intelligent Technology Test Ride Experience” at Hokkaido Toyokoro Proving Ground In late August 2024, “ Electrification and Intelligent Technology Test Ride Experience” was held at the Toyokoro Proving Ground in Hokka

  17. Slide 17: Development Progress of Electrification and Intelligence

    Development Progress of Electrification and Intelligence Electrification and Intelligent Technology Test Ride Experience Exhibited Products Electric Unit Aerodynamic Device Test Ride Exhibit Component Test Ride Exhibit Pursuit of high efficiency and downsizing From parts to functional integration Gr

  18. Slide 18: Downsize and High Efficiency Xin1

    Development Progress of Electrification and Intelligence（Electric Drive Unit Lineup） 2020 2025 2030 Pursuit of fuel Small 2-motor HEV High efficiency/ Model roll out consumption Medium FF Low cost efficiency HEV 1-motor PHEV Pursuit of driving PHEV 2-motor PHEV/HEV performance, Large Fuel/electric c

  19. Slide 19: Xin1 Using Strengths of AISIN: 3in1 Downsizing

    Development progress of electrification and intelligence （Xin1 Using Strengths of AISIN） Power conversion module Heat Management Use of Space (inc. dead space) Device 100 - 60% 40 Reduction Competitors AISIN (small vehicle) gear Motor #of Major Parts (inc. body parts) 100 - 30% 70 Function Technolog

  20. Slide 20: Progress of the 2025 Mid-term Plan

    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 （ 72.9BJPY※ in funds generated ） Cross-Shareholdings （ 29.9BJPY in funds generated （ 113.7

  21. Slide 21: Reference information

    Reference information For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved. 4

  22. Slide 22: 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 】 189.8 218.6 225.5 225.0

  23. Slide 23: 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

  24. Slide 24: 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 continue considering to repurchase Treasury Stock based on our capitalization ratio and future investment trends. Profit before Income Taxes／ EPS Divide

  25. Slide 25: 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

Aisin — Q2 FYE2025 Earnings Presentation on 6ix