FY2007 3rd quarter Consolidated Financial Results(April 1, 2006 through December 31, 2006)
February 1, 2007
Company NameAISIN SEIKI Co., Ltd.

Code Number7259(URL http://www.aisin.com)
Representative
Reference person in charge

The Tokyo, Osaka and Nagoya
Stock Exchanges (1st division)
Aichi, JAPAN

Listed onLocation

Yasuhito Yamauchi, President
Masaaki Yasui,
General Manager, Finance & Accounting Dept.

TEL 81 - 566 - 24 - 8265

１. Results of the 3rd Quarter of FY2007（Apr. 1, 2006 through Dec. 31, 2006）(1)Consolidated Operating Results（Amounts less than million yen are rounded down.）
Net Sales
FY2007 3rd quarter
FY2006 3rd quarter
FY2006

Operating Income

Million Yen％

Million Yen％

Million Yen％

1,736,259
1,536,699
2,120,588

13.0
17.5

91,848
86,105
118,096

6.7
41.0

97,447
93,159125,096

4.6
47.9

Net Income
FY2007 3rd quarter
FY2006 3rd quarter
FY2006

Ordinary Income

Fully Diluted Earnings
Per Share

Earnings Per Share

Million Yen％

Yen

Yen

46,32044,311
61,0954.5
64.9

161.30154.65209.15161.07154.52208.86Note : Percentages for net sales, operating income, ordinary income and net income indicate changes from the same period of the previous year.

(2)Consolidated Financial Position
Total Assets

Total Net Assets

Million Yen

FY2007 3rd quarter
FY2006 3rd quarter
FY2006

1,969,913
1,733,126
1,853,458

Million Yen

935,635
645,660 ※
678,881 ※Shareholders' Equity Ratio Shareholders' Equity Per Share％

37.8
37.3 ※
36.6 ※

Yen

2,590.97
2,250.58 ※2,361.66 ※Note : The points marked ※ are based on previous accounting standards.

(3)Consolidation Scope
Number of consolidated subsidiaries
Number of unconsolidated subsidiaries
Affiliates accounted for under equity method: 136: none: 14(4)Changes in Consolidation Scope and Application of the equity method
3Consolidated subsidiaries
Added:
1 (From Affiliates accounted for under the equity method)
Added:
Excluded : none1
Affiliates accounted for
Added:
1 (To Consolidated subsidiaries)
under the equity method
Excluded :２. Consolidated forecast for FY2007 (Apr. 1, 2006 through Mar. 31, 2007)
Operating Income
Ordinary Income
Net Sales
FY2007Net Income

Million Yen

Million Yen

Million Yen

Million Yen

2,370,000

128,000131,000

62,000

Reference : Forecast of earnings per share for FY2007 215.66yen※ Forecasts above are based on AISIN's plans and expectations. These are not guarantees of future performance including known
and unknown risks, uncertainties and other factors that may cause actual results, performance, achievements or financial position
to be materially different from the forecasts expressed or implied in this report.

Operating Results(1) Achievements for the 3rd Quarter Ended Dec. 31, 2006
Sales within the Auto Parts segment increased 13.4% (¥1,665,176 million) compared withthe same quarter of the previous fiscal year (¥1,469,048 million) due to clients production
expansions, and AISIN s aggressive sales activities for automatic transmissions, manualtransmissions, car navigation systems, and power sliding doors. Sales of the Life & Energy
related products and other business increased 5.1% (¥71,083 million) compared with the samequarter of the previous fiscal year (¥67,651 million).
As a result, total sales increased 13.0% (¥1,736,259 million) compared to the same quarterof the last fiscal year (¥1,536,699 million).
Despite higher depreciation, increasing R&D expenses, and surging material costs such asaluminum, the favorable activities to streamline and raise efficiency in all areas of operations
through cost reductions and other measures resulted in a 6.7% increase in operating income
from ¥86,105 million to ¥91,848 million. Ordinary income increased 4.6% to ¥97,447 million.
(Previous: ¥93,159 million) Net income increased 4.5% to ¥46,320 million. (Previous: ¥44,311
million)(2) Future Outlook
Concerning future business environments, there are still uncertainties such as soaring
material prices of crude oil, steel, and aluminum, as well as intensifying price competitions.
Amid this environment, together with adequately addressing immediate challenges, theAISIN Group will combine its collective strengths and proactively undertake initiatives tostrengthen global competitiveness and its corporate constitution along with aiming tobecome apreeminent global brand.

With regard to the forecast in FY2007, net sales, operating income, ordinary income, andnet income would be estimated at ¥2,370,000 million, ¥128,000 million, ¥131,000 million,and ¥62,000 million respectively. (Estimated exchange rate for dollar in the 4th quarter:1US$=¥115)― １ ―Consolidated Net Sales by Item
Category

FY2007 3rd quarter FY2006 3rd quarter(Apr. 2006 through (Apr. 2005 throughDec. 2006)
Dec. 2005)
AmountPercentage

AmountPercentage%Increase(Decrease)

Variation
ratio（Million Yen）
FY2006(Apr. 2005 throughMar. 2006)
Amount%Percentage%%Engine Related

166,4549.6

141,954

9.2

24,50017.3

197,398

9.3

Drivetrain Related

729,58442.0

658,08642.8

71,49810.9

901,644

42.5

Brake & Chassis
Related347,233

20.0

308,70920.1

38,524

12.5

425,181

20.1

Body Related

322,34618.6

270,559

17.6

51,78719.1

379,549

17.9

Information Related

99,558

5.7

89,738

5.9

9,820

10.9

123,231

5.8

Sub Total

1,665,176

95.9

1,469,048

95.6

196,12813.4

2,027,005

95.6

Life & Energy Related

38,326

2.2

39,4022.6

1,076 ) (2.7 )52,988

2.5

Others32,757

1.9

28,248

1.8

4,509

16.0

40,595

1.9Grand Total

1,736,259

100.0

1,536,699

100.0

199,560

13.0

2,120,588100.0Automotiv
eRelated(Note : Sales of “Others” includes “Construction and Engineering Works Business” and “Oil Sales Business,” and so on .

－ ２ －Consolidated Statements of Income
FY2007 3rd quarter FY2006 3rd quarter(Apr. 2006 through (Apr. 2005 throughDec. 2006)
Dec. 2005)

Increase(Decrease)（Million Yen）
FY2006(Apr. 2005 throughMar. 2006)

Net Sales

1,736,259

1,536,699

199,560

2,120,588

Cost of Sales

1,509,260

1,322,845

186,415

1,829,682

Gross Profit

226,998

213,854

13,144

290,906Selling, General &Administrative Expenses

135,150

127,749

7,401

172,809

Operating Income

91,848

86,105

5,743

118,096

Non-Operating Income

16,636

15,403

1,233

20,341

Interest & Dividend Income

4,404

3,591

813

3,926

Investment Profit on Equity
Method

4,830

3,659

1,171

5,542

Other Income

7,401

8,152

751 )

10,873

Non-Operating Expenses

11,037

8,349

2,688

13,341

Interest Expense

2,704

1,745

959

2,581

Other Expenses

8,332

6,604

1,728

10,760Ordinary Income

97,447

93,1594,288

125,096

Income Before Income Taxes
and Minority Interests

97,44793,159

4,288

125,096

Income Taxes

32,186

31,727459

40,151

Minority Interests in Net Income

18,94017,1201,820

23,849Net Income

46,32044,311

2,009

61,095－ ３ －(Consolidated Balance Sheets
FY2007 3rd quarter

FY2006

Increase(Decrease)(As of Dec. 31, 2006) (As of Mar. 31, 2006)（Million Yen）
FY2006 3rd quarter(As of Dec. 31, 2005)〔 Assets 〕
Current Assets

735,950

694,030

41,920657,426

Cash and Cash Equivalents

105,368

95,443

9,925

87,218Trade Notes & Accounts
Receivable

340,349

336,864

3,485

309,738

Marketable Securities

41,32632,434

8,892

38,317

Inventories

165,660

148,782

16,878143,470

Deferred Tax Assets

37,08342,842

5,759 )

34,890

Others

46,92239,4387,484

44,533

1,775 )

1,015

Less: Allowance for Doubtful
Accounts(Fixed Assets

760 )(((741 )

1,233,962

1,159,428

74,534

1,075,699

Property, Plant & Equipment

795,522

777,763

17,759716,604

Buildings & Structures

222,810

211,914

10,896203,128

Machinery, Equipment &Vehicles

402,286

382,263

20,023

350,681

Tools, Furniture & Fixtures

40,13737,7832,354

35,073

Land

86,10685,320786

85,271

Construction in Progress

44,18160,481

16,300 )42,44812,197

10,249

1,948

9,422

Consolidation Adjustments

1,287

―

1,287

―

Software

8,492

7,911

581

7,020

Others

2,417

2,338

79

2,402

Investments & Other Assets

426,242

371,41554,827

349,672

Investments in Securities

370,936

319,716

51,220299,362

Long-term Loans

4,648

4,314

334

4,322

Deferred Tax Assets

22,631

21,4501,181

21,009Others29,21826,3882,830

26,961Intangible Fixed Assets

Less: Allowance for Doubtful
Accounts
Total Assets(1,193 )(1,969,913－ ４ －455 )
1,853,458((738 )
116,455(1,983 )
1,733,126

FY2006

FY2007 3rd quarter

Increase(Decrease)(As of Dec. 31, 2006) (As of Mar. 31, 2006)〔 Liabilities 〕
Current Liabilities
Trade Notes& Accounts Payable
Commercial Paper& Short-term Borrowings
Current Portion of Bonds
PayableAmount in Arrears
Accrued Expenses
Accrued Income Taxes
Deposits Received from
Employees
Accrued Warranty CostOthers
Long-term Liabilities
Bonds Payable
Long-term Debt
Deferred Tax Liabilities
Allowance for Employees
Retirement Benefits
Long-term Accrued
Expenses
Consolidation Adjustments
OthersTotal Liabilities〔 Net Assets 〕
Shareholders' Equity
Common Stock
Capital Surplus
Retained Earnings
Less:Treasury Stock, at Cost
Evaluation andConversion Difference
Net Unrealized Gain on
Available-for-sale Securities
Profit & Loss of Deferral
Hedge Accounting
Foreign Currency
Translation Adjustments
Subscription Warrant
Minority Interests
Total Net Assets
Total Liabilities
and Net Assets((609,418

639,100

340,828(As of Dec. 31, 2005)

29,682 )590,588327,176

13,652306,347

58,622

46,887

11,73571,515―150(150 )―

29,973
107,044
15,54670,516
117,499
31,783(((40,543 )10,455 )
16,237 )50,356
101,70915,204

17,494

16,781

713

17,461

15,36424,544

14,461
13,843903
10,701

13,961
14,032424,859
35,000219,551
80,896363,294
35,500176,81163,60961,565500 )
42,74017,287333,286
25,650163,344
57,722

86,34984,7501,599

83,696

1,521

2,542

1,021 )

2,792

505
1,033
1,034,278

80―
1,002,394

425
1,033
31,88464
16923,875

588,279
45,04964,004
480,440
1,214 )

551,732
45,04963,262445,241
1,820 )

36,547―742
35,199606

534,873
45,04963,252
428,456
1,885 )

156,613

127,148

29,465

110,786

150,752

123,720

27,032

113,277

620 )

―

620 )

―

6,481

3,427

3,054

104
190,637
935,635―
172,183
851,064104
18,45484,571―
163,590809,251

1,969,913

1,853,458

116,455

1,733,126(－ ５ －(（Million Yen）
FY2006 3rd quarter(((((2,490 )Segment Information
１． Industry Segments
AISIN's main business is manufacturing and sales of automotive parts. The amount of sales and operating incomein this business occupies over 90% of these in all segments.
Therefore information of industry segments is omitted.
２． Geographical Segments
FY2007 3rd quarter (Apr. 2006 through Dec. 2006)
NorthJapan
America
Sales
1,219,574 276,622(1) Customers

EuropeOthers

121,442

118,618 1,736,259(2) Inter-segment

231,442

10,182

4,625

Total
Operating Costs & Expenses
Operating Income

1,451,017
1,382,772
68,244

286,805
280,992
5,812

126,068
123,304
2,763

FY2006 3rd quarter (Apr. 2005 through Dec. 2005)
NorthJapan
America
Sales
1,103,749 250,921(1) Customers

Europe101,721(2) Inter-segment

224,831

6,088

3,802

Total
Operating Costs & Expenses
Operating Income

1,328,580
1,257,050
71,529257,010
252,308
4,701

105,523
105,277
246

5,542

Total

OthersTotal

80,307 1,536,699
5,009

Others1,516,392

348,156

142,643

113,397 2,120,588(2) Inter-segment

299,070

9,336

5,430

Total
Operating Costs & Expenses
Operating Income

1,815,462
1,716,252
99,209357,492
352,812
4,679

148,074
147,463610

7,954

1,536,699―

Total（Million Yen）
EliminaConsolitions
dated―

321,791 ( 321,791 )

2,120,588―

121,351 2,442,380 ( 321,791 ) 2,120,588
106,747 2,323,276 ( 320,785 ) 2,002,491
14,603 119,103 ( 1,006 )118,096

Note: 1.Geographical segments determined according to geographical closeness.

－ ６ －―

85,317 1,776,431 ( 239,731 ) 1,536,699
74,893 1,689,529 ( 238,935 ) 1,450,594
10,42486,902 (796 )
86,105

EuropeU.S.A., Mexico
Belgium, Czech
Thailand, China―（Million Yen）
EliminaConsolitions
dated

239,731 ( 239,731 )Japan:::

1,736,259

124,160 1,988,051 ( 251,791 ) 1,736,259
108,763 1,895,833 ( 251,422 ) 1,644,410
15,396
92,217 (369 )
91,848North
America

2.Main countries are① North America② Europe③ Others―

251,791 ( 251,791 )FY2006 (Apr. 2005 through Mar. 2006)

Sales(1) Customers（Million Yen）
EliminaConsolitions
dated

３． Sales by Customer Location
FY2007 3rd quarter (Apr. 2006 through Dec. 2006)（Million Yen）

North America

EuropeOthers

Total

Overseas Sales

309,648

142,804

172,826

625,280

Net Sales―――

1,736,259

Overseas Sales
Ratio to Net Sales

17.8％％8.2

10.0％

FY2006 3rd quarter (Apr. 2005 through Dec. 2005)

36.0（Million Yen）

North America

EuropeOthers

Total

Overseas Sales

275,212

126,037

115,159

516,409

Net Sales―――

1,536,699

Overseas Sales
Ratio to Net Sales

17.9％％

8.2

7.5％

FY2006 (Apr. 2005 through Mar. 2006)

33.6％（Million Yen）

North America

EuropeOthers

Total

Overseas Sales

377,540

173,878

162,585

714,004

Net Sales―――

2,120,588

Overseas SalesRatio to Net Sales

17.8％

Note: Main countries are① North America② Europe③ Others

％

8.2

:::％

7.7

U.S.A., Mexico
Germany, Sweden
Thailand, China, South Korea－ ７ －％

33.7％

＜Reference＞
１．Non-consolidated financial statements FY2007 3rd quarter(Apr. 1, 2006 through Dec. 31, 2006)
Statements of Income

Net Sales
Operating Income
Ordinary Income
Net Income(Million Yen)

FY2007 3rd quarter FY2006 3rd quarter(Apr. 2006 through (Apr. 2005 throughDec. 2006)
Dec. 2005)
577,140
526,656

19,17627,20919,881

25,97833,47022,915

Increase(Decrease)

50,484(6,802)(6,261)(3,034)

Balance Sheets
FY2006(As of Dec. 31, 2006) (As of Mar. 31, 2006)

Increase(Decrease)

FY2006 3rd quarter(As of Dec. 31, 2005)

329,882
724,000

292,886
658,295

36,99665,705267,528
611,046

171,578

169,391

2,187

146,310

3,834
548,588
1,053,883

3,932
484,970
951,182(98)
63,618102,701

3,619
461,117878,575

FY2007 3rd quarter

FY2006(As of Dec. 31, 2006) (As of Mar. 31, 2006)〔 Liabilities 〕
Current Liabilities
Long-term Liabilities
Total Liabilities〔 Net Assets 〕
Shareholders' Equity
Common Stock
Capital Surplus
Retained Earnings
Less:Treasury Stock,at CostEvaluation andConversion Difference
Subscription Warrant
Total Net Assets
Total Liabilities
and Net Assets

35,22041,96928,664(Million Yen)

FY2007 3rd quarter〔 Assets 〕
Current Assets
Fixed Assets
Property, Plant &Equipment
Intangible Fixed Assets
Investments & Other Assets
Total Assets

FY2006(Apr. 2005 throughMar. 2006)
720,541

Increase(Decrease)

FY2006 3rd quarter(As of Dec. 31, 2005)

207,190
365,623
572,814205,005
300,327505,333

2,18565,296
67,481

179,825
269,027
448,852

333,492
45,04963,138226,198

324,432
45,04963,262
216,910

9,060
―
(124)
9,288

318,61345,04963,252
211,161

(893)

(790)

(103)

(850)

147,471

121,415

26,056111,108

104
481,069―
445,848

104
35,221―
429,722

1,053,883

951,182

102,701

878,575

2．Non-consolidated forecast for FY2007（Apr. 1, 2006 through Mar. 31, 2007）
Net Sales

FY2007

Operating Income

Ordinary Income

Million Yen

Million Yen

Million Yen

Million Yen

780,000

27,00034,00024,500－ ８ －Net Income