FY2023 1st Quarter Consolidated Financial Results [IFRS](April 1, 2022 through June 30, 2022)
July 29, 2022
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 CORPORATION
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 CORPORATION

Listed onThe Tokyo and Nagoya Stock Exchanges

Code NumberURL

https://www.aisin.com/en/7259

Representative

Moritaka Yoshida, President

Contact person

Yoshio Uchiyama, General Manager Finance & Accounting Dept. TEL

Scheduled filing date for quarterly reporting on EDINET：August 10, 2022

+81-566-24-8265

The expected date of dividends payment：-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 1st Quarter of FY2023 (Apr. 1, 2022 through Jun. 30, 2022)(1) Consolidated Financial Results(Percent shows changes against corresponding figures for the previous period)
Operating profit

Revenue

Profit before income taxes

Profit for the period

Million Yen%

Million Yen%

Million Yen%

Million Yen%FY2023 1st quarter

997,887

2.1

6,603

-89.0

31,445-55.0

24,557-51.5

FY2022 1st quarter

977,52676.0

59,859－69,872－50,615－

Profit for the period
attributableto owners of the parent

Comprehensive income
for the period

Basic earnings per shareDiluted earnings per share

Million Yen%

Million Yen%

YenYenFY2023 1st quarter

21,637-53.0

50,124

-43.7

80.28

80.28

FY2022 1st quarter

46,020－88,966－

170.75170.75(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%FY2023 1st quarter

4,223,039

2,015,960

1,768,406

41.9

FY2022

4,205,801

1,996,508

1,756,516

41.8

2.Cash Dividends
Annual cash dividends per share1st quarter2nd quarter

Year end

3rd quarter

TotalYen

Yen

YenYenYen

FY2022－70.00－

100.00170.00

FY2023－－－－－FY2023(Forecast)(Note) Changes in dividends forecast for FY2023：None
The 2nd quarter dividend forecast and the Year end (4th quarter) dividend forecast for FY2023 have not been decided at this point.
3.Consolidated Financial Forecast for FY2023 (Apr. 1, 2022 through Mar. 31, 2023)(Percent shows changes against corresponding figures for the previous period)
Operating profit

Revenue

Full year

Profit before incometaxes

Profit attributable toowners of parent

Earnings per share

Million Yen%

Million Yen%

Million Yen%

Million Yen%

Yen

4,450,000

13.6

190,000

4.4

205,000-6.8

125,000-11.9

463.80(Note) Consolidated financial forecast corrections for FY2023：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 date

FY2023 1st② Number of treasury stock as of the respective balance
sheet date

FY2023 1st③ Average number of common stocks (quarterly total)

quarterquarter
FY2023 1stquarter

294,674,634 shares

FY2022

294,674,634 shares

25,150,468 shares

FY2022

25,160,248 shares

269,517,563 shares

FY2022 1stquarter

269,515,847 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 globalmarket.

2. The Company is scheduled to hold the earnings briefing for analysts and professional investors on July 29, 2022. The presentation materials
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)FY2022(As of Mar. 31, 2022)

FY2023 1st quarter(As of Jun. 30, 2022)

AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Other financial assets
Inventories
Other current assets
Total current assets

386,906
635,728
67,305568,866
73,365419,115595,453
52,084
615,505
70,9401,732,1721,753,099

1,468,607
45,745

1,485,568
45,492Right-of-use assets
Investments accounted for using the equity method
Other financial assets

59,843
132,211
663,659

58,787
137,301
634,279

Deferred tax assets
Other non-current assets
Total non-current assets

75,092
28,46880,12528,3852,473,629

2,469,940

4,205,801

4,223,039

Current liabilities
Trade and other payables

828,524

812,692

Bonds and loans payable
Lease liabilities

111,759
21,544

157,124
20,519Non-current assets
Property, plant and equipment
Intangible assets

Total assets
Liabilities and equity
Liabilities

Other financial liabilities

7,563

8,484

Provisions
Income tax payables

32,792
26,29632,780
16,259Other current liabilities

42,51149,429Total current liabilities

1,070,993

1,097,289

Non-current liabilities
Bonds and loans payable

770,910

743,956

Lease liabilities
Other financial liabilities

40,094
16,79037,56629,095Retirement benefit liabilities
Provisions
Deferred tax liabilities

221,319
2,320
70,554

223,368
2,143
55,486

Other non-current liabilities

16,30818,173

Total non-current liabilities
Total liabilities

1,138,299
2,209,292

1,109,789
2,207,079

Capital stock
Capital surplus

45,04976,28245,04975,770Treasury stock-115,723-115,672

Other components of equity
Retained earnings

330,324
1,420,583

347,836
1,415,422

Equity attributable to owners of the parent company

1,756,516
239,992

1,768,406
247,553

1,996,508

2,015,960

4,205,801

4,223,039

EquityNon-controlling interests
Total equity
Total liabilities and equity- 3 -(2) Consolidated Quarterly Statements of Income / Consolidated Quarterly Statements of Comprehensive Income(Consolidated Quarterly Statements of Income)(Million Yen)FY2022 1st quarter(Apr. 1, 2021 throughJun. 30, 2021)
Revenue
Cost of revenue
Gross profit
Selling, general and administrative expenses

FY2023 1st quarter(Apr. 1, 2022 throughJun. 30, 2022)

977,526-856,302

997,887-914,871

Other income

121,223-67,930
8,515

83,016-79,189
6,076

Other expenses
Operating profit-1,948-3,30059,859

6,603

Finance expenses
Equity in earnings of affiliates

8,635-2,9894,366

24,086-3,745
4,500

Profit before income taxes
Income tax expenses

69,872-19,256

31,445-6,888

Profit for the period

50,61524,557

Profit for the period attributable to:
Owners of the parent

46,02021,637

Finance income

Non-controlling interests

4,594

2,920

Total

50,61524,557

170.75170.75

80.28
80.28

Earnings per share
Basic earnings per share (Yen)
Diluted earnings per share (Yen)(Consolidated Quarterly Statements of Comprehensive Income)(Million Yen)FY2022 1st quarter(Apr. 1, 2021 throughJun. 30, 2021)
Profit for the period
Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans

FY2023 1st quarter(Apr. 1, 2022 throughJun. 30, 2022)

50,61524,557221-82

Net change in fair value of equity instruments designated as measured at fairvalue through other comprehensive income

36,730-17,037

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

33

-130

36,984-17,250

61-40

17
1,274

55
39,073

13

3,728

Total
Other comprehensive income total

1,366
38,35142,81725,567Comprehensive income for the period

88,96650,12484,696
4,270

39,302
10,822

88,96650,124

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

Comprehensive income for the period attributable to:
Owners of the parent
Non-controlling interests
Total- 4 -(3) Consolidated Statements of Changes in Equity

FY2022 1st Quarter (Apr. 1, 2021 through Jun. 30, 2021)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2021
Profit for the period

Capitalsurplus

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

Exchangedifferencesontranslationof foreign
operations

Cash
flow
hedgesTotal

45,04976,210-115,717-

259,759-491-41,698

217,568--------

Other comprehensive income(loss)---

19836,663

25

1,788

38,675Comprehensive income for theperiod-

--

198

36,66325

1,788

38,675Acquisition of treasury stock
Dividends

---1
-----

-

Changes in the ownershipinterest in subsidiaries

-

3-

9-

--

9

Transfer from other componentsof equity to retained earnings

---

-207

0-

-

-207

Total transactions with owners
Balance as of Jun. 30, 2021

-

3

-1

-198

0-

--198

45,04976,214-115,718-

296,422-465-39,910

256,046

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings
Balance as of April 1, 2021
Profit for the period

Total equity

Total

1,312,400

1,535,512

223,096

1,758,609

46,02046,0204,594

50,615

Other comprehensive income(loss)-38,675-324

38,351

Comprehensive income for theperiod

46,02084,696

4,270

88,966

Acquisition of treasury stock
Dividends-26,951-1-26,951-4,016-1-30,968-

13-224

-211

207

---

-26,743
1,331,677-26,939
1,593,269-4,240223,125-31,180
1,816,395

Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners
Balance as of Jun. 30, 2021

- 5 -FY2023 1st Quarter (Apr. 1, 2022 through Jun. 30, 2022)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2022
Profit for the period

Capitalsurplus

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

Exchangedifferencesontranslationof foreign
operations

Cashflow
hedgesTotal45,04976,282-115,723-

325,493

-253

5,084

330,324

-

--

---

-

-

Other comprehensive income(loss)----46-17,08757

34,741

17,665Comprehensive income for theperiod

-

-

-

-46

-17,08757

34,741

17,665Acquisition of treasury stock
Disposal of treasury stock
Dividends

--13-

-2
53
-

-

-

-

-

-

Changes in the ownershipinterest in subsidiaries

--498

-

---

-

-

Transfer from other componentsof equity to retained earnings

---

46

-199

-

-

-153

45,049-511
75,77051-115,672

46
-

-199
308,206-195

39,826-153
347,836

Total transactions with owners
Balance as of Jun. 30, 2022

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings
Balance as of April 1, 2022
Profit for the period

Total equity

Total

1,420,583
21,637

1,756,516
21,637

239,9922,920

1,996,508
24,557

Other comprehensive income(loss)-

17,665

7,902

25,567

Comprehensive income for theperiod

21,63739,302

10,82250,124

--2
39

--2
39

-26,951-26,951-3,216-30,168

--498

-43

-542

153

----26,798
1,415,422-27,412
1,768,406-3,260247,553-30,672
2,015,960

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
Balance as of Jun. 30, 2022

- 6 -

(4) Notes to the Consolidated Financial Statements(Going concern assumption)
None(Material subsequent events)
None- 7 -