FY2019 2nd Quarter Consolidated Financial Results [IFRS](April 1, 2018 through September 30, 2018)
October 31, 2018
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

Kiyotaka Ise, President

Contact person

Yuji Fukushige, General Manager Finance & Costing Dept

TEL+81-566-24-8265

Scheduled filing date for quarterly reporting on EDINET：November 13, 2018

The expected date of dividends payment：November 27, 2018

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 FY2019 (Apr. 1, 2018 through Sep. 30, 2018)(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％FY2019 2nd quarter

1,994,469

7.5

123,28114.1

132,22813.8

96,04617.2

FY2018 2nd quarter

1,855,1199.3

108,01913.9

116,21428.0

81,942

11.7

Profit for the period
attributableto owners of the parent

Comprehensive incomefor the period

Basic earnings per share

Diluted earnings per share

Million Yen％

Million Yen％

Yen

Yen

FY2019 2nd quarter

64,551

15.3

114,516-12.2

239.53239.53

FY2018 2nd quarter

56,001

2.2

130,459-201.61201.50(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％FY2019 2nd quarter

3,629,717

1,882,773

1,365,743

37.6

FY20183,527,910

1,803,129

1,310,176

37.1

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

Year endTotalYenYenYenYenYen

FY2018－60.00

－

90.00

150.00FY2019－60.00－90.00

150.00FY2019(Forecast)(Note) Changes in dividends forecast for FY2019：None

3.Consolidated Forecast for FY2019 (Apr. 1, 2018 through Mar. 31, 2019）（Percent indications show the percentage of changes from the previous period）
Revenue

FY2019Operating profit

Profit before incometaxes

Profit attributable toowners of parent

Earnings per share

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen4,000,000

2.3

234,000-7.8

247,000-7.9

122,000-9.3

452.71(Note) Changes in consolidated forecast for FY2019：Yes- 1 -4.Others(1) Changes in significant subsidiaries：None(2) Changes in accounting policies and accounting estimation① Changes in accounting policies required by IFRS：Yes② Other changes：None③ Changes in accounting estimation：None(Note) For more information, please refer to (Changes in accounting policies) on page 7.

(3) Number of outstanding shares(common stocks)① Number of shares issued including treasury stock as of therespective balance sheet date

FY2019 2ndquarter

294,674,634 shares

FY2018294,674,634 shares② Number of treasury stock as of the respective balance
sheet date

FY2019 2ndquarter

25,185,209 shares

FY201825,184,075 shares③ Average number of common stocks (quarterly total)

FY2019 2ndquarter

269,489,875 shares

FY2018 2ndquarter

277,773,931 shares※ This Quarterly Financial Result is not subject to review procedure.

※ 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.

- 2 -5. Consolidated quarterly financial statements(1) Consolidated quarterly statements of financial position(Million Yen)FY2018(As of Mar. 31, 2018)

FY2019 2nd quarter(As of Sep. 30, 2018)

AssetsCurrent assets
Cash and cash equivalents

406,508

396,703

Trade and other receivables

621,863

589,012

Other financial assets

88,575

103,141

Inventories

295,787

343,686

Other current assets

51,09350,524

Total current assets

1,463,828

1,483,068

1,294,225

1,360,139

Non-current assets
Property, plant and equipment
Intangible assets

40,04538,249Investments accounted for using the equity method

112,979

113,251

Other financial assets

485,108

500,804

Deferred tax assets

109,646

110,726

Other non-current assets

22,07523,477

Total non-current assets

2,064,082

2,146,648

3,527,910

3,629,717

Trade and other payables

796,318

768,512

Bonds and loans payable

86,89387,469Other financial liabilities

37,381

39,866

Provisions

25,66023,979

Income tax payables

30,774

26,632

Total assets
Liabilities and equity
Liabilities
Current liabilities

Other current liabilities

33,083

34,955

Total current liabilities

1,010,112

981,416

Bonds and loans payable

430,650

467,719

Other financial liabilities

9,603

8,331

190,679

198,747

Non-current liabilities

Retirement benefit liabilities
Provisions

3,650

5,486

Deferred tax liabilities

72,20676,200

Other non-current liabilities

7,879

9,040

Total non-current liabilities

714,669

765,526

1,724,781

1,746,943

Capital stock

45,04945,049

Capital surplus

71,826

69,846

Treasury stock-115,835-115,841

Total liabilities
EquityOther components of equity

147,874

165,135

Retained earnings

1,161,260

1,201,553

Equity attributable to owners of the parent company

1,310,176

1,365,743

Non-controlling interests
Total equity
Total liabilities and equity- 3 -492,952

517,029

1,803,129

1,882,773

3,527,910

3,629,717

(2) Consolidated quarterly statements of income / Consolidated quarterly statements of comprehensive income(Consolidated quarterly statements of income)(Million Yen)FY2018 2nd quarter(Apr. 1, 2017 throughSep. 30, 2017)

FY2019 2nd quarter(Apr. 1, 2018 throughSep. 30, 2018)

Revenue

1,855,119

1,994,469

Cost of revenue-1,613,578-1,742,926

Gross profit

241,541

251,542

Selling, general and administrative expenses-136,567-141,342

Other income

8,836

20,073

Other expenses-5,791-6,991

Operating profit

108,019

123,281

Finance income

7,205

7,661

Finance expenses-4,230-4,058Equity in earnings of affiliates

5,219

5,344

Profit before income taxes

116,214132,228

Income tax expenses-34,272-36,182

Profit for the period

81,942

96,046

Owners of the parent

56,00164,551

Non-controlling interests

25,94031,494

Total

81,942

96,046

Basic earnings per share (Yen)

201.61

239.53

Diluted earnings per share (Yen)

201.50239.53

Profit for the period attributable to:Earnings per share(Consolidated quarterly statements of comprehensive income)(Million Yen)FY2018 2nd quarter(Apr. 1, 2017 throughSep. 30, 2017)
Profit for the period

FY2019 2nd quarter(Apr. 1, 2018 throughSep. 30, 2018)

81,942

96,046

Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans-106

5Net changes in revaluation of financial assets measured at fair value throughother comprehensive income

31,644

13,892

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

55-8

31,594

13,889-31

-67

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

348

316

16,556

3,406

49

925

16,922

4,581

Other comprehensive income total

48,516

18,470Comprehensive income for the period

130,459

114,516

Owners of the parent

98,75781,807

Non-controlling interests

31,701

32,709Total130,459

114,516Comprehensive income for the period attributable to:- 4 -(3）Consolidated statements of changes in equity
FY2018 2nd quarter(Apr. 1, 2017 through Sep. 30, 2017)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2017

Capitalsurplus

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

Cashflow
hedgesExchangedifferences
ontranslationof foreign
operations

Total

45,04971,822-56,983-

157,200-2,011-44,591

110,597

Profit for the period--------

Other comprehensive income(loss)

--

-

-118

31,381347

11,14442,755Comprehensive income for theperiod

-

-

-

-118

31,381347

11,14442,755Acquisition of treasury stock---25,271

-

-

-

-

-

Disposal of treasury stock

-

-125

587

-

-

-

-

-

Lapse of subscription rights toshares

-

-339

-

-

-

-

-

-

Dividends

--

-

--

-

-

-

Changes in the ownershipinterest in subsidiaries

-

524

-

-

----

Transfer from other componentsof equity to retained earnings

---

118

544

-

-

663

-

59

-24,683

118

544

--

663

45,04971,881-81,667-

189,127-1,664-33,446

154,016

Total transactions with owners
Balance as of Sep. 30, 2017

Equity attributable to owners of the parent
Retainedearnings
Balance as of April 1, 2017

Non-controlling interests

Total

Total equity

1,065,900

1,236,385

458,478

1,694,864

56,00156,001

25,94081,942Other comprehensive income(loss)-

42,755

5,761

48,516Comprehensive income for theperiod

56,001

98,75731,701

130,459

Acquisition of treasury stock--25,271--25,271

Disposal of treasury stock

-462

38500

Lapse of subscription rights toshares

--339

--339

-20,950-20,950-14,109-35,060-524-3,358-2,833-663---

Profit for the period

Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-21,613-45,574-17,429-63,004

Balance as of Sep. 30, 2017

1,100,288

1,289,568

472,751

1,762,319- 5 -FY2019 2nd quarter(Apr. 1, 2018 through Sep. 30, 2018)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2018

Capitalsurplus

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

Cash
flow
hedgesExchangedifferencesontranslationof foreign
operations

Total

45,04971,826-115,835-

193,212-1,429-43,908

147,874

Profit for the period--------

Other comprehensive income(loss)----4

13,741313

3,206

17,255Comprehensive income for theperiod-

-

-

-4

13,741313

3,206

17,255Acquisition of treasury stock

--

-7-

--

-

-

Disposal of treasury stock

-

00-

-

--

-

Dividends

-

-

-

-

-

-

-

-

Changes in scope ofconsolidation

---

-

--

-

-

Changes in the ownershipinterest in subsidiaries--1,979

-

-

-

-

-

-

Transfer from other componentsof equity to retained earnings

--

-

40-

-

4

Total transactions with owners
Balance as of Sep. 30, 2018--1,979-640--

4

45,04969,846-115,841-

206,953-1,115-40,702

165,135

Equity attributable to owners of the parent
Retainedearnings
Balance as of April 1, 2018
Profit for the period

Non-controlling interests

Total

Total equity

1,161,260

1,310,176

492,952

1,803,129

64,55164,551

31,494

96,046

Other comprehensive income(loss)-

17,255

1,214

18,470Comprehensive income for theperiod

64,55181,80732,709114,516

Acquisition of treasury stock--7--7

Disposal of treasury stock-000-24,254-24,254-12,730-36,984

Changes in scope ofconsolidation

--

3,413

3,413

Changes in the ownershipinterest in subsidiaries--1,979684-1,294

Transfer from other componentsof equity to retained earnings-4---Dividends

Total transactions with owners-24,258-26,240-8,632-34,872

Balance as of Sep. 30, 2018

1,201,553

1,365,743

517,029

1,882,773- 6 -(4) Notes to the Consolidated Financial Statements(Going concern assumption)
None(Changes in accounting policies)
Beginning from the fiscal year 2019, our group has adopted IFRS15 “Revenue from Contracts with Customers”(issued in May 2014) and“Clarifications to IFRS15”(issued in April 2016) (together, hereinafter “IFRS15”).
As a result, compared with the application of the former accounting standard, in the consolidated quarterly statement of income for six months
ended September 30 2018, Revenue and Cost of revenue decreased by 13,368 million yen and there are no impacts to operating profit and profit
for the period.
Moreover, when applying IFRS15, as a transition measure our group applies this standard retrospectively with the cumulative effects of initiallyapplying this standard recognized at the date of initial application. As a result, there is no impact to retained earnings in the consolidated statementof financial position as of the beginning of fiscal year 2019.

(Material Subsequent Events)
None- 7 -