FY2021 2nd Quarter Consolidated Financial Results [IFRS](April 1, 2020 through September 30, 2020)
October 29, 2020
This translation may be used only for reference purposes. This English version is a summary of the original Japanese document. In cases where
any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. AISIN SEIKI Co.,Ltd.
shall accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation.

Company Name AISIN SEIKI Co., Ltd.

Listed on

The Tokyo and Nagoya Stock Exchanges

Code Number7259

URL

https://www.aisin.com/

Representative

Kiyotaka Ise, President

Contact person

Yoshio Uchiyama, General Manager Finance & Costing Dept.

TEL+81-566-24-8265

Scheduled filing date for quarterly reporting on EDINET：November 13, 2020

The expected date of dividends payment：November 26, 2020

Additional documents to supplement quarterly financial results：Yes (Japanese only)
Quarterly IR presentation：Yes (For analysts and professional investors)(Amounts less than million yen are rounded down)
1.Consolidated Results for the 2nd Quarter of FY2021 (Apr. 1, 2020 through Sep. 30, 2020)(1) Consolidated Financial Results（Percent indications show the percentage of changes against previous Fiscal Year）
Revenue

Operating profit

Profit before income taxes

Profit for the period

Million Yen％

Million Yen％

Million Yen％

Million Yen％FY2021 2nd quarter

1,455,991-23.9-38,547－-31,322－-28,140－

FY2020 2nd quarter

1,913,765-4.0

53,473-56.6

54,462-58.8

38,825-59.6

Profit for the period
attributableto owners of the parent

Comprehensive income
for the period

Basic earnings per share

Diluted earnings per share

Million Yen％

Million Yen％

Yen

Yen

FY2021 2nd quarter-19,492－

2,559-92.8-72.33-72.33

FY2020 2nd quarter

30,382-52.9

35,586-68.9

112.74112.74(2) Consolidated Financial Position
Total Assets

Equity attributable toowners of the parent

Total equity

Ratio of equity attributableto owners of the parent

Million Yen

Million Yen

Million Yen％FY2021 2nd quarter

3,686,186

1,482,312

1,280,915

34.7

FY20203,992,652

1,795,695

1,280,165

32.1

2.Cash DividendsAnnual cash dividends per share
1st quarter2nd quarter3rd quarter

Year end

Total

Yen

Yen

Yen

Yen

Yen

FY2020ー60.00ー60.00120.00

FY2021

ー

20.00
ー

40.00

60.00

FY2021(Forecast)(Note) Changes in dividends forecast for FY2021：Yes

Please refer to the “Notice Concerning Distribution of Dividends from Surplus and Revision of Dividend Forecast” disclosed on October 29, 2020.
3.Consolidated Financial forecast for FY2021 (Apr. 1, 2020 through Mar. 31, 2021）（Percent shows changes against corresponding figures for the previous period）
RevenueFull year

Operating profit

Profit before incometaxes

Profit attributable toowners of parent

Earnings per share

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen

3,380,000-10.7

50,000-10.9

50,000-6.4

27,00012.2

100.18(Note) Consolidated Financial forecast corrections for FY2021：None- 1 -4.Others(1) Changes in significant subsidiaries：None
Consolidation scope
Consolidated (New)：None
Eliminated：None(2) Changes in accounting policies and accounting estimation① Changes in accounting policies required by IFRS：None② Other changes：None③ Changes in accounting estimation：None(3) Number of outstanding shares(common stocks)① Number of shares issued including treasury stock as of therespective balance sheet date② Number of treasury stock as of the respective balance
sheet date
③ Average number of common stocks (quarterly total)

FY2021 2ndquarter

294,674,634 shares

FY2020294,674,634 shares

FY2021 2ndquarter

25,158,271 shares

FY202025,170,172 shares

FY2021 2ndquarter

269,510,483 shares

FY2020 2ndquarter

269,496,844 shares※ This Quarterly Financial Result is not subject to review procedure.

※ Explanation regarding the appropriate use of forecasts, and other additional information
1. The forecasts included in this document are based on information that the Company has obtained at the time of this disclosure and certain
assumptions that the Company considers reasonable. The Company does not guarantee the predicted outcome of the forecasts.
Actual results may differ significantly from the forecast due to a variety of factors, such as exchange rates and conditions of the global
market.
2. The Company is scheduled to hold the earnings briefing for analysts and professional investors on October 29, 2020. The presentationmaterials for the earnings briefing will be posted on its website promptly following the presentation.

- 2 -5. Consolidated quarterly financial statements(1) Consolidated quarterly statements of financial position(Million Yen)FY2020(As of Mar. 31. 2020)

FY2021 2nd quarter(As of Sep. 30, 2020)

AssetsCurrent assets
Cash and cash equivalents

675,162

396,548

Trade and other receivables

533,577

545,392

Other financial assets

107,774

74,147

Inventories

369,251

356,199

Other current assets

61,10556,278

Total current assets

1,746,781

1,428,566

Non-current assets
Property, plant and equipment

1,463,084

1,432,387

Intangible assets

36,74136,891

Right-of-use assetｓ

57,831

54,689Investments accounted for using the equity method

112,515

113,435

Other financial assets

414,543

449,146

Deferred tax assets
Other non-current assets

141,685
19,378151,516
19,553

Total non-current assets

2,245,780

2,257,619

3,992,652

3,686,186

Trade and other payables

778,466

716,075

Bonds and loans payable

102,760

116,438

Lease liabilities

17,103

15,884

Other financial liabilities

31,031

31,338Provisions

21,03019,059

Income tax payables

14,84336,0378,900
34,3051,001,272

942,001

Bonds and loans payable

849,228

902,815

Lease liabilities

36,432

34,516

Other financial liabilities

5,292

4,489

236,843

243,411

Total assets
Liabilities and equity
Liabilities
Current liabilities

Other current liabilities
Total current liabilities
Non-current liabilities

Retirement benefit liabilities
Provisions

3,193

2,105

Deferred tax liabilities
Other non-current liabilities

51,00113,693

59,586
14,947

Total non-current liabilities

1,195,684

1,261,872

2,196,957

2,203,873

Capital stock

45,04945,049

Capital surplus

67,07073,982

Treasury stock-115,770-115,715

Other components of equity

78,351
1,205,465

106,698
1,170,900

Non-controlling interests

1,280,165
515,529

1,280,915
201,396

Total equity

1,795,695

1,482,312

Total liabilities and equity

3,992,652

3,686,186

Total liabilities
EquityRetained earnings
Equity attributable to owners of the parent company- 3 -(2) Consolidated quarterly statements of income / Consolidated quarterly statements of comprehensive income(Consolidated quarterly statements of income)(Million Yen)FY2020 2nd quarter(Apr. 1, 2019 throughSep. 30, 2019)
Revenue
Cost of revenue

1,913,765-1,712,654

FY2021 2nd quarter(Apr. 1, 2020 throughSep. 30, 2020)
1,455,991-1,382,393

Gross profit

201,11073,597

Selling, general and administrative expenses-154,291
11,850-120,944
14,465

Other income
Other expenses-5,196-5,665

Operating profit

53,473-38,547

Finance income

8,316-11,932

10,401-6,194

Finance expenses
Equity in earnings of affiliates

4,605

3,018

Profit before income taxes

54,462-31,322

Income tax expenses-15,636

3,181

Profit for the period

38,825-28,140

Non-controlling interests

30,382
8,442-19,492-8,647

Total

38,825-28,140

Basic earnings per share (Yen)

112.74-72.33

Diluted earnings per share (Yen)

112.74-72.33

Profit for the period attributable to:
Owners of the parent

Earnings per share(Consolidated quarterly statements of comprehensive income)(Million Yen)FY2020 2nd quarter(Apr. 1, 2019 throughSep. 30, 2019)
Profit for the period
Other comprehensive income

FY2021 2nd quarter(Apr. 1, 2020 throughSep. 30, 2020)

38,825-28,140

Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans

-147

-7

Net changes in revaluation of financial assets measured at fair value throughother comprehensive income

21,93330,209

Share of other comprehensive income of associates accounted for using theequity method

-15

57

21,77030,259

291

-291

Total
Items that may be reclassified subsequently to profit or loss
Net changes in revaluation of financial assets measured at fair value throughother comprehensive income
Cash flow hedges
Exchange differences on translating foreign operations
Share of other comprehensive income of associates accounted for using theequity method
Total

72

137

-25,709

1,063

335

-468

-25,010440

Other comprehensive income total-3,23930,699Comprehensive income for the period

35,5862,559

Non-controlling interests

35,373
212

9,953-7,393

Total

35,5862,559

Comprehensive income for the period attributable to:
Owners of the parent- 4 -(3) Consolidated statements of changes in equity
FY2020 2nd quarter(Apr. 1, 2019 through Sep. 30, 2019)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Capitalsurplus

Net changes inrevaluation ofRemeasurefinancial assets
ments
measured atof defined
fair value
benefitthrough otherplanscomprehensive
incomeTreasurystock

Exchangedifferencesontranslationof foreign
operations

Cashflow
hedgesTotal

45,04970,043-115,844-

167,551-1,249-44,872

121,429--------

Other comprehensive income(loss)---

500

21,95972-17,541

4,990

Comprehensive income for theperiod

---

500

21,95972-17,5414,990

Disposal of treasury stock

--19

-2
77

-

---

-

Dividends--------

Changes in the ownershipinterest in subsidiaries--2,905

-

--

-

1,157

1,157

Transfer from other componentsof equity to retained earnings

---

-500

-230

---730

Balance as of April 1, 2019
Profit for the period

Acquisition of treasury stock

Total transactions with owners
Balance as of Sep. 30, 2019--2,924

75

-500

-230

-

1,157426

45,04967,118-115,769-

189,280-1,176-61,257

126,846

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings

Total equity

Total

1,226,224

1,346,902

526,725

1,873,627

30,38230,382

8,442

38,825

Other comprehensive income(loss)-

4,990-8,230-3,239Comprehensive income for theperiod

30,38235,373

212

35,586

Acquisition of treasury stock

--2

-

-2

Disposal of treasury stock

-

58

2

61

-24,253-24,253-8,710-32,964--1,748

3,616

1,867

730

---

Balance as of April 1, 2019
Profit for the period

Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-23,523-25,946-5,091-31,037

Balance as of Sep. 30, 2019

1,233,083

1,356,329

521,846

1,878,176- 5 -FY2021 2nd quarter(Apr. 1, 2020 through Sep. 30, 2020)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Capitalsurplus

Net changes inrevaluation ofRemeasurefinancial assets
ments
measured atof definedfair value
benefitthrough otherplanscomprehensive
incomeTreasurystock

Exchangedifferencesontranslationof foreign
operations

Cashflow
hedgesTotal

45,04967,070-115,770-

146,983-839-67,792

78,351

---

----

-

Other comprehensive income(loss)

-

-

-

-6

29,835135-518

29,445Comprehensive income for theperiod

-

-

-

-6

29,835135-518

29,445

Disposal of treasury stock

-

-18

-1
56

-

-

-

-

-

Dividends

---

---

-

-

Changes in the ownershipinterest in subsidiaries

-

6,930

-

0-

--0

Transfer from other componentsof equity to retained earnings---6-1,105---1,098

Balance as of April 1, 2020
Profit for the period

Acquisition of treasury stock

Total transactions with owners
Balance as of Sep. 30, 2020

-

6,912

55

6

-1,105---1,09845,04973,982-115,715-

175,714-704-68,311

106,698

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings

Total equity

Total

1,205,465

1,280,165

515,529

1,795,695-19,492-19,492-8,647-28,140

Other comprehensive income(loss)-29,445

1,253

30,699Comprehensive income for theperiod-19,492

9,953-7,393

2,559

--1
38

1-1
39

-16,170-16,170-2,849-19,019-

6,930-303,892-296,961

1,098

---

Balance as of April 1, 2020
Profit for the period

Acquisition of treasury stock
Disposal of treasury stock
Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-15,071-9,203-306,739-315,942

Balance as of Sep. 30, 2020

1,170,900

1,280,915

201,396

1,482,312- 6 -(4) Notes to the Consolidated Financial Statements(Going concern assumption)
None(Material subsequent events)
None- 7 -