FY2011 Half Year Consolidated Financial Results [Japanese Standard］(April 1, 2010 through September 30, 2010)

AISIN SEIKI Co., Ltd.

Company Name

October 29, 2010
The Tokyo and Nagoya
Stock Exchanges (1st division)

Listed on

Code Number
URL
Representative
Contact person7259
http://www.aisin.com/Fumio Fujimori, President+81 - 566 - 24 - 8265
Katsumi Asakura
TEL
General Manager, Finance & Accounting Dept.
Scheduled filing date for quarterly reporting on EDINET: November 11th, 2010
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 FY2011 Half Year （Apr. 1, 2010 through Sep. 30, 2010）(1)Consolidated Financial Results
Net Sales
Operating Income
Ordinary Income
FY2011 Half year
FY2010 Half year

Net Income

Million Yen％

Million Yen％

Million Yen％

Million Yen％

1,148,090
880,824

30.3
-32.5

83,142-3,496――89,562-1,454――44,436-34,774――

Earnings Per ShareFY2011 Half year
FY2010 Half year

Fully Diluted Earnings
Per Share

YenYen157.89-123.55

157.88―(2)Consolidated Financial Position

FY2011 Half year
FY2010Net assets excluding
subscription rights to sharesand minority interests as apercentage of total assets

Total Assets

Net Assets

Million Yen

Million Yen％

1,975,278
1,981,988

897,111
871,88933.9
33.1

Note : Net assets excluding subscription rights to shares and minority interests

Net assets excluding
subscription rights to sharesand minority interests
per shareYen

2,376.74
2,328.68

FY2011 Half year : 668,882 million yen , FY2010 : 655,369 million yen

２. Cash Dividends
Annual Cash Dividends Per Share
2nd quarter

Half year
FY2010FY2011FY2011(Forecast)

3rd quarter

4th quarter

FY Total

YenYenYenYenYen――

10.00
25.00

―

20.00

30.00

―

25.00

50.00

Note : Changes in dividends forecast for FY2011: Yes

３. Consolidated forecast for FY2011 (Apr. 1, 2010 through Mar. 31, 2011)
Net Sales
FY2011

Operating Income

Ordinary Income

Net Income

Million Yen％

Million Yen％

Million Yen％

2,260,000

10.0

140,000

59.9

148,000

55.9

Million Yen

Earnings Per Share％Yen

70,000 321.5

248.73Note : Consolidated forecast corrections for FY2011 : Yes
For more details for the fiscal year forecast correction please refer to "Notice Concerning Revision of the Consolidated andUnconsolidated Full-year Forecasts and dividend forcasts for FY2011" disclosed on October 29,2010.

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４. Others(１)Changes in significant subsidiaries： None(2)Use of estimation in reporting financial statements： Yes(3)Changes in Accounting Policies and Presentation①Changes according to revision of accounting standard ： Yes②Other changes： None(4)Issued and outstanding capital stock① Number of shares issued as of therespective balance sheet date
FY2011 Half year 294,674,634 shares② Number of treasury stock as of therespective balance sheet date
FY2011 Half year 13,246,487 shares③ Average number of common stocks(quarterly total)
FY2011 Half year 281,429,222 shares

FY2010294,674,634 shares

FY201013,241,461 shares

FY2010 Half year 281,455,802 shares※ 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 statements(Note concerning forecast)
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 orfinancial position to be materially different from the forecasts expressed or implied in this report.

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５. Consolidated quarterly financial statements(１） Consolidated quarterly balance sheets（Million Yen）

AssetsCurrent assets
Cash and depositsNotes and accounts receivable-trade
Short-term investment securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Tools, furniture and fixtures
Accumulated depreciation
Tools, furniture and fixtures, net
Land
Lease assets
Accumulated depreciation
Lease assets, net
Construction in progress
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets-3-

FY2011 Half year
(As of Sep. 30, 2010)

FY2010(As of Mar. 31. 2010)

173,421305,271
217,319
67,75733,90037,973
130,542-409
965,777

282,538
312,372
73,54069,30933,15639,373
118,290-448
928,135

560,683-323,562
237,121
1,318,522-1,028,456
290,065
260,796-235,023
25,772103,242
1,344
-379
965
26,377
683,544
15,011

557,721-314,387
243,333
1,360,354-1,037,690
322,663261,725-233,880
27,845
103,320
821
-221
599
23,759721,520
15,458239,038
72,364-458
310,944
1,009,500
1,975,278

244,855
72,484-466
316,874
1,053,853
1,981,988

（Million Yen）

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of bonds
Income taxes payable
Provision for product warranties
Other provision
Other
Total current liabilities
Noncurrent liabilities
Bonds payable
Long-term loans payable
Provision for retirement benefits
Other provision
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Valuation and translation adjustments
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total valuation and translation adjustments
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets-4-FY2011 Half year
(As of Sep. 30, 2010)

FY2010(As of Mar. 31. 2010)

284,347
36,777
10,063
26,395
17,821
914
199,141
575,460

296,788
35,76810,00030,56819,3781,370
203,563
597,436

80,306
308,505
89,5505,423
18,919502,706
1,078,166

79,990313,631
87,911
6,090
25,037
512,662
1,110,099

45,04958,831
585,024-20,797
668,108

45,04958,831
546,218-20,783
629,315

42,279-1,656-39,849773
1,900
226,329
897,111
1,975,278

58,845-1,337-31,454
26,053
1,538
214,981871,889
1,981,988

(２） Consolidated quarterly statements of income(Cumulative)（Million Yen）

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Salaries and allowances
Other
Total selling, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income (loss)
Extraordinary income
Extraordinary loss
Impairment loss
Total extraordinary lossesIncome (loss) before income taxes and minority interests
Income taxes
Income before minority interests
Minority interests in income
Net income (loss)-5-

FY2010 Half year
(Apr. 1, 2009 throughSep. 30, 2009)
880,824
802,915
77,909FY2011 Half year
(Apr. 1, 2010 throughSep. 30, 2010)
1,148,090
976,604
171,485

25,061
56,344
81,405-3,49625,30663,037
88,343
83,142

259
1,348
975
8,180
10,763

542
1,345
4,327
8,881
15,096

2,867
5,854
8,722
-1,454

2,941
5,734
8,676
89,56237,42037,420-38,874-4,843－
743-34,774－－
89,562
24,50265,06020,62444,436

(Consolidated quarterly statements of income)（Million Yen）

FY2010 2nd quarter
FY2011 2nd quarter(Three-month period from (Three-month period fromJul. 1, 2009 throughJul. 1, 2010 throughSep. 30, 2009)
Sep. 30, 2010)
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Salaries and allowances
Other
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Gain on negative goodwill
Other
Total non-operating income
Non-operating expenses
Interest expenses
Loss on sales and retirement of noncurrent assets
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Impairment loss
Total extraordinary losses
Income (loss) before income taxes and minority interests
Income taxes
Income before minority interests
Minority interests in income
Net income (loss)-

6-486,336
427,455
58,881

578,477
495,359
83,117

12,45929,032
41,492
17,38912,73830,29743,03640,080

155
63
278
－
4,538
5,036

35435
2,181
2,218
2,332
7,122

1,542－
4,241
5,784
16,641

1,452
1,350
2,974
5,777
41,42537,42037,420-20,778-2,939－2,381-20,220－－
41,425
7,809
33,616
10,71822,897

(３） Consolidated quarterly statements of cash flows（Million Yen）

FY2010 Half year
FY2011 Half year
(Apr. 1, 2009 through (Apr. 1, 2010 throughSep. 30, 2009)
Sep. 30, 2010)
Net cash provided by (used in) operating activities
Income (loss) before income taxes and minority interests
Depreciation and amortization
Impairment loss
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade
Other, net
SubtotalInterest and dividends income received
Interest expenses paid
Income taxes (paid) refund
Net cash provided by (used in) operating activities
Net cash provided by (used in) investing activities
Decrease (increase) in time deposits and securities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of investment securities
Proceeds from sales and redemption of investment securitiesOther, net
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Increase (decrease) in short-term bank loans and commercial papers
Proceeds from long-term loans payable
Repayment of long-term loans payable
Proceeds from issuance of bonds
Cash dividends paid
Cash dividends paid to minority shareholders
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period-7--38,874
84,43237,420-73,255
5,437
46,222
4,337
65,7202,038-2,722
21,19986,23589,56270,558－1,368-2,051-5,427-2,659151,351
2,864-2,781-33,897
117,536-10,159-67,725
2,809-8,262
5,571-1,367-79,133

137,176-43,233
1,232-29,657
7,874-2,95670,435-674
59,785-24,438
20,000-2,819-1,861-67
49,924
2,691
59,717
143,804
203,521-1,876－-2,491－-5,629-5,767-227-15,992-3,443
168,536
152,727
321,264(４） Events or conditions that cast significant doubt on the going concern assumption:None(５） Consolidated Statements of Changes in Shareholders' Equity
FY2011 Half year (Apr. 1, 2010 through Sep. 30, 2010)（Million Yen）

Capital stock Capital surplus
Balance as of Mar. 31, 2010

45,04958,831Retainedearnings
546,218

Total
Treasury stock Shareholders'equity-20,783

629,315

Increase(Decrease) during the period
Dividends from surplus-5,629-5,629Net income (loss)

44,43644,436

Purchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance as of Sep. 30, 2010

0-14-1400―

038,806-1338,793

45,04958,831

585,024-20,797

668,108-8-