Japan Aviation Electronics Industry, Limited · TSE:6807

Japan Aviation Electronics Industry — Q3 FY2016 Earnings Presentation

16 slides from Japan Aviation Electronics Industry's earnings presentation, Jan 25, 2017

1. Slide 1: Financial Results for 3Q FY2016

   Financial Results for 3Q FY2016 January 25, 2017 6807 Japan Aviation Electronics Industry, Ltd. Copyright ©2017. Japan Aviation Electronics Industry. Ltd

2. Slide 2: Financial Results Overview

   Financial Results Overview Technology to Inspire Innovation Business Environment ▶ JPY rapidly depreciated against USD after mid-November ▶ Some Chinese Smartphone manufacturers kept growing despite the global market maturation ▶ Automotive manufacturing and sale grew differently by model and region

3. Slide 3: Net Sales and Incomes

   Net Sales and Incomes Technology to Inspire Innovation (JPY in 100millions) Year/Year Sequential 3Q FY2015 2Q FY2016 3Q FY2016 Change Change 3 months ended Dec 31, 2015 Sep 30, 2016 Dec 31, 2016 3QFY2016/3QFY2015 3QFY2016/2QFY2016 Growth Growth Rate Rate Net Sales 457 532 602 145 132% 70 113% Operat

4. Slide 4: Quarterly Net Sales and Incomes

   Quarterly Net Sales and Incomes Technology to Inspire Innovation （JPY in 100 millions) 602 Net Sales 532 457 Ordinary 367 367 Income Operating Income 46 48 37 27 24 9 14 3 16 6 FY2015/3Q FY2015/4Q FY2016/1Q FY2016/2Q FY2016/3Q Copyright ©2017. Japan Aviation Electronics Industry. Ltd 4

5. Slide 5: Net Sales by Market Segment

   Net Sales by Market Segment Technology to Inspire Innovation (JPY in 100millions) Year/Year Sequential 3QFY2015 2QFY2016 3QFY2016 Change Change 3 months ended Dec 31, 2015 Sep 30, 2016 Dec 31, 2016 3QFY2016/3QFY2015 3QFY2016/2QFY16 Component Component Component Growth Growth Ratio Ratio Ratio Rate R

6. Slide 6: Net Sales by Business Segment

   Net Sales by Business Segment Technology to Inspire Innovation (JPY in 100millions) 3Q FY2015 2QFY2016 3QFY2016 Year/Year Change Sequential Change 3 months ended Dec 31, 2015 Sep 30, 2016 Dec 31, 2016 3QFY2016/3QFY2015 3QFY2016/2QFY2016 Component Component Component Growth Growth Ratio Ratio Ratio R

7. Slide 7: Operating Income by Business Segment

   Operating Income by Business Segment Technology to Inspire Innovation (JPY in 100millions) Sequential 3Q FY2015 2Q FY2016 3Q FY2016 Year/Year Change Change 3 months ended Dec 31, 2015 Sep 30, 2016 Dec 31, 2016 3QFY2016/3QFY2015 3QFY2016/2QFY2016 Component Component Component Growth Growth Ratio Rati

8. Slide 8: Connector Business

   Connector Business Technology to Inspire Innovation Sales by Market Segment （JPY in 100 millions） 557 20 500 475 42 PC・LCD・TV Others 19 408 41 Industrial & 24 38 324 Infrastructure 306 342 18 16 37 41 273 Mobile 186 Devices 96 122 Automotive 160 154 154 145 143 0 3Q/15 4Q/15 1Q/16 2Q/16 3Q/16 Quarte

9. Slide 9: UIS Business

   UIS Business Technology to Inspire Innovation Sales by Market Segment （JPY in 100 millions) 21 21 20 20 18 Industrial & 18 Infrastructure 7 7 7 8 7 Automotive 14 13 14 11 11 0 Quarter/FY 3Q/15 4Q/15 1Q/16 2Q/16 3Q/16 Copyright ©2017. Japan Aviation Electronics Industry. Ltd 9

10. Slide 10: Aerospace Business

    Aerospace Business Technology to Inspire Innovation Net Sales by Market Segment （JPY in 100 millions） 50 41 35 27 22 24 18 22 Defense & 12 Space 9 9 Industrial, Infrastructure 19 15 15 17 & Automotive 13 0 Quarter/FY 3Q/15 4Q/15 1Q/16 2Q/16 3Q/16 Copyright ©2017. Japan Aviation Electronics Industry.

11. Slide 11: Technology to Inspire Innovation

    Technology to Inspire Innovation

12. Slide 12: Cautionary Statement

    Technology to Inspire Innovation <Cautionary Statement> The plans, strategies & results forecasts and targets for our company and our consolidated affiliates (hereinafter JAE) noted in these materials are forecasts and targets as of January 25, 2017, and include risks and uncertainties. The targets

13. Slide 13: [Reference] Net Sales and Incomes (9 months)

    [Reference] Net Sales and Incomes(9 months) Technology to Inspire Innovation (JPY in 100millions) 3Q FY2015 3Q FY2016 Year/Year Change 9 months ended Dec 31, 2015 Dec 31, 2016 3QFY2016/3QFY2015 Component Component Growth Rate Ratio Ratio Net Sales 1,428 1,501 72 105% Operating Income 171 11.9% 79 5.

14. Slide 14: [Reference] Net Sales by Market Segment (9 months)

    [Reference] Net Sales by Market Segment(9 months) Technology to Inspire Innovation (JPY in 100millions) 3Q FY2015 3Q FY2016 Year/Year Change 9 months ended Dec 31, 2015 Dec 31, 2016 3QFY2016/3QFY2015 Component Component Growth Rate Ratio Ratio Mobile Devices 610 43% 737 49% 127 121% Automotive 519 3

15. Slide 15: [Reference] Net Sales by Business Segment (9 months)

    [Reference] Net Sales by Business Segment(9 months) Technology to Inspire Innovation (JPY in 100millions) 3Q FY2015 3Q FY2016 Year/Year Change 9 months ended Dec 31, 2015 Dec 31, 2016 3QFY2016/3QFY2015 Component Component Growth Ratio Ratio Ratio Connector 1,283 90% 1,356 90% 73 106% UIS 62 4% 59 4%

16. Slide 16: [Reference] Income by Business Segment (9 months)

    [Reference] Income by Business Segment(9 months) Technology to Inspire Innovation (JPY in 100millions) 3Q FY2015 3Q FY2016 Year/Year Change 9 months ended Dec 31, 2015 Dec 31, 2016 3QFY2016/3QFY2015 Operating Operating % % Growth Rate Income Income Connector 206 16.0% 112 8.2% -94 54% UIS 8 13.7% 5

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