FY2017 2nd Quarter Consolidated Financial Results [IFRS](April 1, 2016 through September 30, 2016)
October 28, 2016
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. shallaccept 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

http://www.aisin.com/

Representative

Yasumori Ihara, President

Contact person

Tomohiro Mamiya, General Manager Finance & Costing Dept

TEL+81－566－24－8265

Scheduled filing date for quarterly reporting on EDINET：November 11, 2016

The expected date of dividends payment：November 25, 2016

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 FY2017 (Apr. 1, 2016 through Sep. 30, 2016)(1) Consolidated Financial Results（Percent indications show the percentage of changes from corresponding figures for the previous period）
Revenue

Operating profit

Profit before income taxes

Profit for the period

Million Yen％

Million Yen％

Million Yen％

Million Yen％FY2017 2nd quarter

1,697,566

8.6

94,80823.3

90,771

15.7

73,38835.9

FY2016 2nd quarter

1,563,462

76,892－78,470－53,995－－

Profit for the period
attributableto owners of the parent
Million Yen

Comprehensive incomefor the period％

Million Yen

Basic earnings per share

Diluted earnings per share

YenYen％FY2017 2nd quarter

54,77645.8-5,710－190.06189.84FY2016 2nd quarter

37,571－-5,138－132.81132.45(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％FY2017 2nd quarter

3,042,949

1,539,837

1,151,336

37.8

FY2016

3,009,377

1,558,468

1,168,953

38.8

2.Cash Dividends
Annual cash dividends per share
1st quarter2nd quarterYen

3rd quarter
Yen

FY2016－50.00FY2017－50.00FY2017(Forecast)Year end
YenTotalYenYen－50.00

100.00－50.00100.00

Profit attributable toowners of parent

Earnings per share(Note) Changes in dividends forecast for FY2017：No

3.Consolidated forecast for FY2017 (Apr. 1, 2016 through Mar. 31, 2017）
Revenue

FY2017

Profit before incometaxes

Operating profit

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen

3,430,000

5.7

190,000-1.4

190,000-2.1

98,000-2.3

342.52(Note) Consolidated forecast corrections for FY2017：Yes

4.Others(1) Changes in significant subsidiaries：Yes
Consolidation scope
Consolidated (New)：SHIROKI CORPORATION, SHIROKI NORTH AMERICA, INC.
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 balancesheet date
③ Average number of common stocks (quarterly total)

FY2017 2nd294,674,634 shares

FY2016294,674,634 shares

8,560,602 shares

FY2016

11,450,571 sharesquarter
FY2017 2ndquarter
FY2017 2ndFY2016 2nd288,209,860 sharesquarter

282,894,638 sharesquarter※ Explanation regarding the review procedure
At the time of this submission we are currently in process of being reviewed for the quarterly securities report.

※ Explanation regarding the appropriate use of forecasts, and other additional information(Note concerning forecast）
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.

(IFRS Adoption)
The Company adopted International Financial Reporting Standards ("IFRS") for the Company's consolidated financial statements from the First
Quarter of FY2017. Therefore the disclosed result of Previous Second Quarter and Fiscal Year Ended March 31, 2016 has been translated basedon IFRS standard.

5. Consolidated quarterly financial statements(1) Consolidated quarterly statements of financial position(Million Yen)
Date of transition to IFRS(As of Apr. 1. 2015)

FY2016(As of Mar. 31. 2016)

FY2017 2nd quarter(As of Sep. 30, 2016)

AssetsCurrent assets
Cash and cash equivalents

294,692

263,217

293,676

Trade and other receivables

449,827505,964

525,298

Other financial assets

125,897

106,124

106,023

Inventories

247,457

252,494

258,469

Other current assets

48,30439,215

31,768

Total current assets

1,166,179

1,167,017

1,215,235

Non-current assets
Property, plant and equipment

1,107,441

1,165,852

1,174,551

Intangible assets

35,306

38,60339,823

Investments accounted for using the equity method

94,541

98,48896,661Other financial assets

552,654

436,438

400,400

Deferred tax assets

77,47389,886

97,738Other non-current assets

24,631

13,08918,539Total non-current assets

1,892,048

1,842,360

1,827,714

3,058,228

3,009,377

3,042,949

Trade and other payables

667,321717,287

739,762

Bonds and loans payable

106,930

66,14347,202Other financial liabilities

39,92235,25832,148Provisions

19,27019,46019,821

Income tax payables

17,89722,19520,783

Other current liabilities

26,317

29,792

41,904

Total current liabilities

877,659

890,137

901,622

Bonds and loans payable

321,110319,484

365,548

Other financial liabilities

18,301

9,788

8,696

Retirement benefit liabilities

127,519

158,627

168,304

Total assets
Liabilities and equity
Liabilities
Current liabilities

Non-current liabilities

Provisions
Deferred tax liabilities

2,429

2,539

3,214

100,338

61,64847,065

Other non-current liabilities

8,364

8,682

8,660

Total non-current liabilities

578,063

560,771

601,490

1,455,723

1,450,908

1,503,112

Capital stock

45,04945,04945,049

Capital surplus

61,78961,862

71,908Treasury stock-19,000-18,035-23,016

Other components of equity

221,693

115,349

52,670Retained earnings

910,499

964,727

1,004,724

1,220,031

1,168,953

1,151,336

Total liabilities
EquityEquity attributable to owners of the parent
company
Non-controlling interests
Total equity
Total liabilities and equity

382,473

389,515

388,500

1,602,504

1,558,468

1,539,837

3,058,228

3,009,377

3,042,949

(2) Consolidated quarterly statements of income / Consolidated quarterly statements of comprehensive income(Consolidated quarterly statements of income)(Million Yen)FY2016 2nd quarter(Apr. 1, 2015 throughSep. 30, 2015)

FY2017 2nd quarter(Apr. 1, 2016 throughSep. 30, 2016)

Revenue

1,563,462

1,697,566

Cost of revenue-1,354,294-1,475,403

Gross profit

209,168

222,162

Selling, general and administrative expenses-134,691-137,924

Other income

7,720

23,871Other expenses-5,304-13,301

Operating profit

76,892

94,808Finance income

7,221

6,940

Finance expenses-10,165-14,404

Equity in earnings of affiliates

4,522

3,426

Profit before income taxes

78,47090,771

Income tax expenses-24,475-17,382

Profit for the period

53,99573,388

Owners of the parent

37,571

54,776

Non-controlling interests

16,423

18,612

Total

53,99573,388

Basic earnings per share (Yen)132.81190.06

Diluted earnings per share (Yen)132.45189.84

Profit for the period attributable to:Earnings per share(Consolidated quarterly statements of comprehensive income)(Million Yen)FY2016 2nd quarter(Apr. 1, 2015 throughSep. 30, 2015)
Profit for the period

FY2017 2nd quarter(Apr. 1, 2016 throughSep. 30, 2016)

53,99573,388120-1,035-37,649-18,958

14-11-37,514-20,004

32

25

Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans
Net changes in revaluation of financial assets measured at fair value throughother comprehensive income
Share of other comprehensive income of associates accounted for using theequity method
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

-26

395

-21,451-54,435-174-5,080-21,619-59,094

Other comprehensive income total-59,133-79,099

Comprehensive income for the period-5,138-5,710-14,043-8,520Comprehensive income for the period attributable to:
Owners of the parent
Non-controlling interests

8,904

2,810

Total-5,138-5,710(3）Consolidated statements of changes in equity(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2015
Profit for the period
Other comprehensive income(loss)
Comprehensive income for theperiod

CapitalsurplusTreasurystock

Net changes inrevaluation ofRemeasurefinancial assets
ments
measured atof defined
fair value
benefitthrough otherplans
comprehensive
incomeCashflowhedgesExchangedifferencesontranslationof foreign
operations

Total

45,04961,789-19,000－

223,920-2,226－

221,693－－－－－－－－－－－

121-37,287-26-14,422-51,615

－

－

－

121

-37,287-26-14,422-51,615

Acquisition of treasury stock

－

－

-3－

－

－

－

－

Disposal of treasury stock

－

165

634

－

－

－

－

－

－

-163

－

－

－

－－－－－－－－－－－－-5－－－－－－－－－-121

0－－-121－-3631

-121

0－

－-121

45,04961,786-18,368－

186,633-2,253-14,422

169,957

Lapse of subscription rights toshares
Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners
Balance as of Sep. 30, 2015

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings
Balance as of April 1, 2015
Profit for the period
Other comprehensive income(loss)
Comprehensive income for theperiod

Total equity

Total

910,499

1,220,031

382,473

1,602,504

37,571

37,571

16,42353,995－-51,615-7,518-59,133

37,571-14,0438,904-5,138Acquisition of treasury stock

－-3

－

-3

Disposal of treasury stock

－800

293

1,093

－

-163

－

-163

-14,130-14,130-8,089-22,220

－

-5

5－

121

－

－

－

Lapse of subscription rights toshares
Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-14,009-13,502-7,791-21,293

Balance as of Sep. 30, 2015

934,061

1,192,485

383,586

1,576,072

(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2016
Profit for the period
Other comprehensive income(loss)
Comprehensive income for theperiod

CapitalsurplusTreasurystock

Net changes inrevaluation ofRemeasurefinancial assets
ments
measured atof defined
fair value
benefitthrough otherplanscomprehensive
incomeCashflowhedgesExchangedifferencesontranslationof foreign
operations

Total

45,04961,862-18,035－

154,823-2,844-36,628

115,349－－－－－－－－

－－－

-733

-18,778

393-44,178-63,297

－

－－

-733

-18,778

393-44,178-63,297

Acquisition of treasury stock－－-14,289

－

－

－

－

－

Disposal of treasury stock－

10,403

9,308

－

－

－－－－

-359

－

－－

－－

－－

－－－－－－－－－－－－－－－－

2－

－－－－

－－

－

－

733

-114

－

－

618

－

10,046-4,981

733

-114

－

－

618

45,04971,908-23,016－

135,929-2,451-80,807

52,670Lapse of subscription rights toshares
Dividends
Changes in scope ofconsolidation
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners
Balance as of Sep. 30, 2016

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings

Total equity

Total

964,727

1,168,953

389,515

1,558,468

54,77654,776

18,61273,388－-63,297-15,801-79,099

54,776-8,5202,810-5,710Acquisition of treasury stock－-14,289－-14,289

Disposal of treasury stock－

19,711

4,281

23,992

－-359

－-359

-14,161-14,161-8,244-22,405

－－147

147

－

2-10-7-618－－－

Balance as of April 1, 2016
Profit for the period
Other comprehensive income(loss)
Comprehensive income for theperiod

Lapse of subscription rights toshares
Dividends
Changes in scope ofconsolidation
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-14,779-9,096-3,825-12,921

Balance as of Sep. 30, 2016

1,004,724

1,151,336

388,500

1,539,837(4) Going concern assumption：
None(Material Subsequent Events)
None