FY2017 Consolidated Financial Results

April 28th, 2017

AISIN SEIKI Co., Ltd.

1.Consolidated Operating Results (FY2017) P.2-8

2.Consolidated Operating Forecast (FY2018) P.9-13

3.Reference information P.14-23

Contents

1

1.Consolidated Operating Results (FY2017)

2

FY2017 Overview of Financial Results

1. Revenue for FY2017 reached 3,562.6 billion yen, which is the highest ever before, due to favorable AT and Body parts sales, and the contribution of newly consolidated SHIROKI group.

2. Operating profit for FY2017 was highest-ever 228.6 billion yen, due to sales increase and gain from stock swap with SHIROKI Corporation, in spite of the unfavorable factors such as Kumamoto earthquakes and foreign exchange loss.

3. Regarding FY2018 forecast, revenue and profit is predicted to increase compared to FY2017, due to the increase of AT sales, in spite of the unfavorable factors such as up-trend of material cost, depreciation increasing and strong yen trend.

3

(billion yen)

FY2016 FY2017 Change

Results Rate to sales %

Results Rate to sales %

Amount %

Revenue 3,245.9 - 3,562.6 - +316.7 +9.8

Operating 192.7 5.9 228.6 6.4 +35.9 +18.7

Profit before income taxes

194.0 6.0 237.3 6.7 +43.3 +22.3

Profit for the period *

100.3 3.1 126.6 3.6 +26.3 +26.2

EPS 354.53

yen -

444.46 yen

- 89.93

yen +25.4

FX Rate

USD 120 yen USD 109 yen -11 yen -9.2

CNY 18.8 yen CNY 16.1 yen -2.7yen -14.4

Toyota production (10,000 Unit)

887 909 +22 +2.5

AT sales (10,000 Unit)

737 869 +132 +17.9

4

FY2017

Forecast

in Feb Rate to

sales %

3,530.0 -

205.0 5.8

209.0 5.9

107.0 3.0

374.87

yen -

Based on IFRS (Both FY2016&17)

Consolidated Operating Results (FY2017)

USD 108 yen

CNY 16.0 yen

908

870

* Profit for the period attributable to Owners of the parent

Pre

-conditio

ns

265.4 279.1

95.9 148.1

71.3

94.1 83.6

93.9 73.5

80.1 52.1

79.1 55.4

75.2

50.0

71.0

69.5

69.2

48.3

51.3 256.0

258.9

0

200

400

600

800

1,000

1,200

1,400

FY2016 FY2017

VW&Audi

Chinese

OEMs Total

PSA

BMW

GM

NISSAN

MITSUBISHI

SUZUKI

HONDA

Ａ/Ｍ & Others +2.9

Sales by Customer (FY2017)

FY2016 Revenue

FY2017 Revenue (+ 316.7)

2,020.1 (62.2%) 1,121.0

(34.6%)

104.7 (3.2%)

Toyota Group Other

Manufacturers

Life & others

Other Manufacturers sales

breakdown

1,121.0

(Billion yen)

5

+13.7

+52.2

+10.3

+6.6

+27.0

+19.8

+3.0

-0.3

+21.0

+22.8

VOLVO

3,245.9

3,562.6

(Billion yen)

(Billion yen)

Life & others

121.3 (3.4%)

Other Manufacturers

1,300.0 (36.5%)

Toyota Group

2,141.2 (60.1%)

1,300.0 +179.0

Segment Information(FY2017)

1,827.0

564.4

281.4

330.9

242.1

2,073.1

568.0

309.9 360.7

250.6

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

Japan North AmericaEurope China Asia & Others

FY2016 FY2017

Revenue (+ 316.7)

123.0

18.4

2.6

43.1

6.2

138.8

22.5

4.5

56.4

7.8

0

30

60

90

120

150

Japan North AmericaEurope China Asia & Others

FY2016 FY2017

FX

Impact

Other

factors

Japan - +246.1

North America

-59.6 +63.2

Europe -8.6 +37.1

China -60.0 +89.8

Asia & Others

-24.5 +33.0

Total -152.7 +469.4

FX Impact Other factors

Japan -27.6 +43.4

North America -2.4 +6.5

Europe -0.5 +2.4

China -9.6 +22.9

Asia & Others -1.8 +3.4

Elimination - -0.8

Total -41.9 +77.8

+246.1

+3.6

+28.5

+29.8

+8.5

+15.8

+4.1

+1.9

+13.3

+1.6

6

(Billion yen)

Operating Profit (+ 35.9)

(Billion yen)

Op

era

ting

Pro

fit

Sale

s flu

ctu

atio

n

192.7

+82.5

+33.0 +6.1

+12.5 +14.2

-41.9

-11.0

- 49.2 - 10.3 Co

st s

tructu

re

imp

rove

me

nt

Ch

an

ge o

f m

ate

rial p

rice

Bu

sin

ess

reo

rgan

izatio

n*

Insu

ran

ce

inco

me

Fo

rex ra

te

Dep

recia

tion

R&

D o

thers

Lo

ss fro

m

earth

qu

akes

FY2016 FY2017

FY2016 / FY2017

228.6

+35.9 Billion yen

254.1

Non-ordinary factors -25.5 billion yen

* Gain from stock swap

with SHIROKI Corporation +19.5

Gain resulting from negative goodwill

with Art Metal MFG +1.2

（FY2016 ）Gain on transfer of

Toyota Boshoku Seat business -8.2

7

Fluctuations for Operating Profit(FY2017)

Op

era

ting

Pro

fit (E

xcep

t non

-ord

inary

facto

rs)

Op

era

ting

Pro

fit

(Billion yen)

Ordinary factors +61.4 billion yen

FY2017 （Forecast in Feb）

FY2017(Feb 2nd Forecast) / FY2017(Result)

228.6

8

Sale

s flu

ctu

atio

n

etc

Ch

an

ge o

f m

ate

rial p

rice

R&

D o

thers

Dep

recia

tion

Lo

ss fro

m

earth

qu

akes

+0.5 Fo

rex ra

te

+3.2

224.0 Bu

sin

ess

Reo

rgan

izatio

n*

+1.2

Insu

ran

ce

inco

me

-0.3

*Gain resulting from negative goodwill with Art Metal MFG +1.2

Fluctuations for Operating Profit(FY2017)

+23.6 Billion yen

FY2017 (Result)

Op

era

ting

Pro

fit (Resu

lt)

Op

era

ting

Pro

fit (F

ore

cast in

Feb

)

205.0

+15.5

+0.1 +2.9 +0.5

(Billion yen)

Op

era

ting

Pro

fit (E

xcep

t Non

-ord

inary

facto

rs)

Ordinary factors +19.0 billion yen Non-ordinary factors +4.6 billion yen

2.Consolidated Operating Forecast (FY2018)

9

FY2017 FY2018 change

Results Rate to sales %

Forecast Rate to sales % Amount %

Revenue 3,562.6 - 3,670.0 - +107.4 +3.0

Operating Profit 228.6 6.4 230.0 6.3 +1.4 +0.6

Profit before income taxes

237.3 6.7 244.0 6.6 +6.7 +2.8

Profit for the period *

126.6 3.6 116.0 3.2 -10.6 -8.4

EPS 444.46

yen - 415.27

yen - -29.19

yen -6.6

FX Rate USD 109 yen USD 105 yen -4 yen -3.7

CNY 16.1 yen CNY 16.0 yen -0.1 yen -0.6

Toyota production (10,000 Unit)

909 889 -20 -2.2

AT sales (10,000 Unit)

869 980 +111 +12.7

10

Consolidated Operating Forecast (FY2018)

(Billion yen)

Pre

-conditio

ns

* Profit for the period attributable to Owners of the parent

279.1 274.3

148.1 206.2

93.9 120.6 80.1

95.4 94.1

93.0 79.1

88.3 71.0

86.8 75.2

72.2 69.2

68.3 51.3

49.9 258.9

273.0

0

200

400

600

800

1,000

1,200

1,400

1,600

FY2017 FY2018

VW&Audi

MITSUBISHI

PSA

BMW

VOLVO

NISSAN

GM

SUZUKI

Ａ/Ｍ & Others +14.1

FY2017 Revenue

FY2018 Revenue (+ 107.4)

Other Manufacturers sales

breakdown

1,300.0

1,428.0

-4.8

+58.1

+26.7

+15.3

-1.1

+9.2

+15.8

-0.9

-1.4

-3.0

HONDA

+128.0

11

Forecast of Sales by Customer(FY2018)

3,562.6

3,670.0

Life & others

121.3 (3.4%)

Other Manufacturers

1,300.0 (36.5%)

Toyota Group

2,141.2 (60.1%)

Other Manufacturers 1,428.0 (38.9%)

Life & others

132.0 (3.6%)

Toyota Group

2,110.0 (57.5%)

(Billion yen)

(Billion yen)

(Billion yen)

Chinese

OEMs Total

2,073.1

568.0

309.9 360.7

250.6

2,202.0

538.0

295.0

368.0

267.0

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

2,400

JAPAN North America Europe China Asia & Others

FY2017 FY2018

138.8

22.5

4.5

56.4

7.8

139.2

11.3

3.5

57.8

18.2

0

30

60

90

120

150

Japan North America Europe China Asia & Others

FY2017 FY2018

Revenue (+107.4) Operating Profit (+ 1.4)

+128.9

-30.0

+7.3

+16.4

+0.4

-11.2

-1.0

+1.4

+10.4 -14.9

12

Forecast of Segment Information(FY2018)

FX

Impact

Other

factors

Japan - +128.9

North America

-16.7 -13.3

Europe -2.3 -12.6

China -1.7 +9.0

Asia & Others

+0.2 +16.2

Total -20.5 +127.9

FX Impact Other factors

Japan -5.4 +5.8

North America -0.4 -10.8

Europe -0.1 -0.9

China -0.4 +1.8

Asia & Others -0.4 +10.8

Elimination - +1.5

Total -6.7 +8.1

(Billion yen) (Billion yen)

Sale

s flu

ctu

atio

n

Op

era

ting

Pro

fit

Co

st s

tructu

re

imp

rovem

en

t

Ch

an

ge o

f m

ate

rial p

rice

Bu

sin

ess

reo

rgan

izatio

n*

Insu

ran

ce

inco

me

Fo

rex ra

te

Dep

recia

tion

R&

D o

the

rs

Lo

ss fro

m

earth

qu

akes

FY2017

FY2017 / FY2018

230.0

Non- ordinary factors -31.3 billion yen

228.6

+23.0

+33.0 -25.0

-22.9 +24.6 -20.7 -14.2 +10.3 -6.7

FY2018 (forecast)

261.3

13

Forecast of Fluctuations for Operating Profit(FY2018)

Op

era

ting

Pro

fit (F

ore

cast)

Op

era

ting

Pro

fit (E

xcep

t Non

- ord

inary

facto

rs)

* (Fy2017)Gain from stock swap with SHIROKI Corporation -19.5 (FY2017)Gain resulting from negative goodwill with Art Metal MFG -1.2

+1.4Billion yen

(Billion yen)

Ordinary factors +32.7 billion yen

3.Reference information

14

Capital Expenditure/Depreciation/ R&D Expenditure

107.2 105.5 102.8

135.5

78.8

123.2

72.3

81.0

25.8

23.7

39.7

22.0

FY2015 FY2016 FY2017 FY2018

69.0 81.1 82.2 90.1

55.0 60.9 68.5

78.0 8.8

12.1 15.3

18.1

FY2015 FY2016 FY2017 FY2018

67.0 68.9 72.0 74.0

55.4 65.8 69.2

78.0

19.0 19.3 18.0

20.0

FY2015 FY2016 FY2017 FY2018

Others

ADS-G

AISIN AW-G

AISIN SEIKI-G

167.7

(5.0%)

237.4

294.1

247.8

197.1 186.1

161.0 162.6 149.1

Capital Expenditure Depreciation R&D Expenditure

(5.0%)

（）: Rate to sales

15

260.0

220.0

180.0

(Billion yen)

(Forecast) (Forecast) (Forecast)

(4.7%) (4.9%)

Toyota car production

76 74 73 74

80 80 83 78

75 80 76 79

82 80 81 83

FY2015 FY2016 FY2017 FY2018

4Q

3Q

2Q

1Q

Toyota Domestic production

313 314 313

147 146 153 143

151 152 148 145

148 140 151 149

140 135 144 138

FY2015 FY2016 FY2017 FY2018

223 220 226 217

231 232 231 223

223 220 227 228

222 215 225 221

FY2015 FY2016 FY2017 FY2018

596 573 586

899 887 909

(10,000 Unit)

16

314

575

889

Toyota Oversea production

Toyota global production

(Forecast) (Forecast) (Forecast)

Sales number

30 31 44 29 29

45 31 38

43 34 46

46

0

50

100

150

200

FY2015 FY2016 FY2017 FY2018

AT sales

168 180 204

172 172 207 176 194

224 171 191

234

0

200

400

600

800

1,000

FY2015 FY2016 FY2017 FY2018

Navigation System sales

MT sales

36 37 42

35 41 39

36 43 45 37

39 39

0

50

100

150

200

FY2015 FY2016 FY2017 FY2018

Navigation Soft sales

869 737

687

165 160 144

178

144 124

15 15 16

15 19 14

15 13 12

15 14 13

0

20

40

60

80

FY2015 FY2016 FY2017 FY2018

55 61 60 55

17

980

165

(10,000 Unit)

(10,000 Unit)

(10,000 Unit)

(10,000 Unit)

Yearly

(Forecast)

160

(Forecast)

(Forecast)

(Forecast)

Foreign Currency Exchange Rate

138 132

119 115

110 120

109 105

70

95

120

145

EUR

USD

Foreign Exchange Rate

18.0 18.8 16.1 16.0

3.4 3.4 3.1 3.1

0.05.0

10.015.020.025.0

FY2015 FY2016 FY2017 FY2018

CNY

THB

Impacts on

Operating Profit

FY2015 FY2016 FY2017 FY2018(Forecast)

USD 1.46 1.27 1.34 1.19

EUR 0.14 0.13 0.17 0.16

THB * 0.74 0.80 0.81 1.09

CNY * 0.26 0.54 0.79 0.83

(yen)

18

(Forecast)

* Impacts of THB and CNY are per 0.1yen.

Forex Impact on Operating

profit per 1(or 0.1) yen (Billion yen)

0

30

60

90

120

150

180

0

30

60

90

120

150

3.4%

4.7% 4.9%

3.9%

0

500

1,000

1,500

2,000

Revenue Operating Profit Operating Profit Rate

8.0% 7.9% 8.6% 8.8%

0

600

1,200

1,800

Revenue Operating Profit Operating Profit Rate

AISIN SEIKI Group

AISIN AW Group

1,402.5 1,503.0

1,641.9

48.1 70.8 80.5

1,127.2 1,276.6

89.7 101.0 122.9

FY2015 FY2016 FY2017 FY2018(Forecast)

1,657.0

64.5

1,431.1 1,550.0

137.0

19

Financial Results of the Main Consolidated Companies Ⅰ * The results of FY2015 are based on JGAAP and the result of

FY2016 and the forecast FY2017 are based on IFRS.

(Billion yen)

(Billion yen)

FY2015 FY2016 FY2017 FY2018(Forecast)

0

3

5

8

10

2.1%

0.0%

1.0%

3.5%

0

50

100

150

200

Revenue Operating Profit Operating Profit Rate

0

10

20

304.3%

3.2%

4.5% 4.3%

0

100

200

300

400

Revenue Operating Profit Operating Profit RateAISIN Takaoka Group

AISIN AI Group

11.2 8.8 11.6

126.4 133.9

137.8

4.8

2.6 0 1.3

263.8 275.9 273.0

20

12.3

273.7

136.3

Financial Results of the Main Consolidated Companies Ⅱ

* The results of FY2015 are based on JGAAP and the result of

FY2016 and the forecast FY2017 are based on IFRS.

FY2015 FY2016 FY2017 FY2018(Forecast)

(Billion yen) (Billion yen)

FY2015 FY2016 FY2017 FY2018(Forecast)

(Billion yen) (Billion yen)

0

10

20

301.8% 1.7%

1.1% 1.4%

0

200

400

600

800

Revenue Operating Profit Operating Profit RateADVICS Group

21

527.3

9.6

551.6 555.4

9.2 6.1

553.0

7.6

Financial Results of the Main Consolidated Companies Ⅲ

* The results of FY2015 are based on JGAAP and the result of

FY2016 and the forecast FY2017 are based on IFRS.

(Billion yen) (Billion yen)

FY2015 FY2016 FY2017 FY2018(Forecast)

Quarterly Performance

699.5 687.4 714.8 720.3 707.0 727.8 756.4 773.2 771.2 792.2 843.5 838.9 838.6 858.8 907.5 957.5

224 224 226 227 223 231 223 222 220 232 220 215 226 231 227 225

0

50

100

150

200

250

0

200

400

600

800

1,000

1,200

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

Revenue Toyota global productionRevenue

Operating Profit

44.3 41.9 43.4 41.4 38.4 32.0

44.9 50.5

33.1 43.7

62.0 53.7 59.0

35.7

67.3 66.4

6.3% 6.1% 6.1% 5.8% 5.4%

4.4%

5.9% 6.5%

4.3%

5.5%

7.4%

6.4% 7.0%

4.2%

7.4% 6.9%

0.0%

2.0%

4.0%

6.0%

8.0%

0

30

60

90

120

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q

Operating Profit Operating Profit Rate

22

* The results of before FY2015 are based on JGAAP and the result of FY2016 and the forecast FY2017 are based on IFRS.

(Billion yen)

FY2015 FY2016 FY2017 FY2014

FY2015 FY2016 FY2017 FY2014

(Billion yen)

(10,000 Unit)

25 35 45 50 50

50 60 50 50

75

125

27.3% 29.7%

34.6% 28.2% 28.1% 30.1%

0%

5%

10%

15%

20%

25%

30%

35%

0

50

100

150

200

FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

Total

Year-end

Interim

Dividend payout ratio

(yen)

FY2013 FY2014 FY2015 FY2016 FY2017 FY2018

(Forecast)

Interim 25 35 45 50 50 -

Year-end 50 60 50 50 75 -

Total 75 95 95 100 125 125

Dividend Payout Ratio 27.3% 29.7% 34.6% 28.2% 28.1% 30.1%

Repurchase of Treasury

Stock (billion yen) 0 0 0 0 49.0 -

Total return Ratio* 27.3% 29.7% 34.6% 28.2% 66.5% -

75 95 95

100

125 125

23

Dividend per Share * The results of before FY2015 are based on JGAAP and the result of FY2016 and the forecast FY2017 are based on IFRS.

Div

ide

nd

(ye

n)

* Total return Ratio= (Cash dividend paid + repurchase of treasury Stock) / Profit for the period

(Forecast)