FY2020 3rd Quarter Consolidated Financial Results [IFRS](April 1, 2019 through December 31, 2019)
January 31, 2020
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.
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 SEIKI Co., Ltd.

Listed on

The Tokyo and Nagoya Stock Exchanges

Code Number7259

URL

https://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：February 13, 2020

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 3rd Quarter of FY2020 (Apr. 1, 2019 through Dec. 31, 2019)(1) Consolidated Financial Results（Percent indications show the percentage of changes against previous Fiscal Year）
Revenue

Operating profit

Profit before income taxes

Profit for the period

Million Yen％

Million Yen％

Million Yen％

Million Yen％FY2020 3rd Quarter

2,871,817-4.7

77,201-52.2

85,815-50.9

58,143-52.3

FY2019 3rd Quarter

3,013,398

4.7

161,402-13.1

174,756-13.0

121,891-13.8

Profit for the period
attributableto owners of the parent

Comprehensive income
for the period

Basic earnings per share

Diluted earnings per share

Million Yen％

Million Yen％

Yen

Yen

FY2020 3rd Quarter

46,671-43.9

89,2282.7

173.18173.18FY2019 3rd Quarter

83,218-13.7

86,923-61.5

308.80308.80(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％FY2020 3rd Quarter

3,796,613

1,918,502

1,384,908

36.5

FY20193,751,880

1,873,627

1,346,902

35.9

2.Cash Dividends
Annual cash dividends per share
1st Quarter

2nd Quarter

3rd Quarter

Year endTotalYenYenYenYenYen

FY2019-60.00

-

90.00

150.00

FY2020-60.0060.00

120.00

FY2020(Forecast)(Note) Changes in dividends forecast for FY2020：None
3.Consolidated Financial Forecast for FY2020 (Apr. 1, 2019 through Mar. 31, 2020）（Percent shows changes against corresponding figures for the previous period）
Revenue

Full year

Profit before incometaxes

Operating profit

Profit attributable toowners of parent

Earnings per share

Million Yen％

Million Yen％

Million Yen％

Million Yen％Yen

3,840,000-5.0

75,000-63.5

78,000-64.1

40,000-63.7

148.42(Note) Consolidated financial forecast corrections for FY2020：None- 1 -4.Others(1) Changes in significant subsidiaries：YesConsolidation scope
Consolidated (New)：AISIN REINSURANCE AMERICA, INC.
Eliminated：AISIN AI Co., Ltd.

AISIN AI Co., Ltd. is excluded from the scope of consolidation due to its extinguishment following the execution of management integration inwhich AISIN AW Co., Ltd. was the surviving company.

(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

FY2020 3rdQuarter

294,674,634 shares

FY2019294,674,634 shares② Number of treasury stock as of the respective balance
sheet date

FY2020 3rdQuarter

25,170,049 shares

FY201925,185,828 shares③ Average number of common stocks (quarterly total)

FY2020 3rdQuarter

269,499,468 shares

FY2019 3rdQuarter

269,489,668 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 January 31, 2020. The presentationmaterials 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)FY2019(As of Mar. 31, 2019)

FY2020 3rd Quarter(As of Dec. 31, 2019)

AssetsCurrent assets
Cash and cash equivalents

357,195

386,796

Trade and other receivables

620,630

531,136

Other financial assets

137,433

106,009

Inventories

341,506

374,814

Other current assets

66,72253,229Total current assets

1,523,488

1,451,986

1,479,621

1,493,372

40,702

39,599Non-current assets
Property, plant and equipment
Intangible assets
Right-of-use assets-56,219

Investments accounted for using the equity method

107,854

111,250

Other financial assets

449,982

495,896

Deferred tax assets
Other non-current assets

120,525
29,707

127,903
20,385

Total non-current assets

2,228,3922,344,627

3,751,880

3,796,613

Trade and other payables

850,616712,290

Bonds and loans payable

86,14878,436

Lease liabilities

8,031

17,054

Other financial liabilities

30,38531,975

Provisions

23,703

20,910

Income tax payables
Other current liabilities

23,19829,664

10,47946,012

Total current liabilities

1,051,748

917,159

Total assets
Liabilities and equity
Liabilities
Current liabilities

Non-current liabilities
Bonds and loans payable

524,193598,764

Lease liabilities

4,131

35,068Other financial liabilities

5,081

4,531

215,946

226,336Retirement benefit liabilities
Provisions

5,446

5,566

Deferred tax liabilities

62,222
9,482

80,247
10,435

Other non-current liabilities
Total non-current liabilities

826,504

960,952

1,878,252

1,878,111

Capital stock

45,04945,049

Capital surplus

70,04367,070Treasury stock-115,844-115,770

Other components of equity

121,429
1,226,224

155,463
1,233,095

Non-controlling interests

1,346,902
526,725

1,384,908
533,593

Total equity

1,873,627

1,918,502

3,751,880

3,796,613

Total liabilities
EquityRetained earnings
Equity attributable to owners of the parent company

Total liabilities and equity- 3 -(2) Consolidated Quarterly Statements of Income / Consolidated Quarterly Statements of Comprehensive Income(Consolidated Quarterly Statements of Income)(Million Yen)FY2019 3rd Quarter(Apr. 1, 2018 throughDec. 31, 2018)
Revenue
Cost of revenue

3,013,398-2,638,268

FY2020 3rd Quarter(Apr. 1, 2019 throughDec. 31, 2019)
2,871,817-2,566,933

Gross profit

375,130

304,883

Selling, general and administrative expenses-230,931
25,824-234,431
16,866

Other expenses-8,620-10,116

Operating profit

161,40277,201

Finance income

14,646-8,775

14,328-12,238

Other income

Finance expenses
Equity in earnings of affiliates

7,482

6,523

Profit before income taxes

174,756

85,815

Income tax expenses-52,864-27,671

Profit for the period

121,891

58,143

Non-controlling interests

83,21838,673

46,671
11,471

Total

121,891

58,143

Basic earnings per share (Yen)308.80173.18

Diluted earnings per share (Yen)308.80173.18

Profit for the period attributable to:Owners of the parent

Earnings per share(Consolidated Quarterly Statements of Comprehensive Income)(Million Yen)FY2019 3rd Quarter(Apr. 1, 2018 throughDec. 31, 2018)
Profit for the period
Other comprehensive income

FY2020 3rd Quarter(Apr. 1, 2019 throughDec. 31, 2019)

121,891

58,143

Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans

14-486

Net changes in revaluation of financial assets measured at fair value throughother comprehensive income-26,113

38,953

Share of other comprehensive income of associates accounted for using theequity method-440

21-26,539

38,489

-119

24

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

109

328

-8,517-8,58397826-8,428-7,404

Other comprehensive income total-34,968

31,085Comprehensive income for the period

86,92389,228Non-controlling interests

51,32235,60180,198
9,030

Total

86,92389,228Comprehensive income for the period attributable to:
Owners of the parent- 4 -(3）Consolidated Statements of Changes in Equity
FY2019 3rd Quarter(Apr. 1, 2018 through Dec. 31, 2018)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Capitalsurplus

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

Exchangedifferences
ontranslationof foreign
operations

Cashflow
hedgesTotal45,049

71,826-115,835-

193,212-1,429-43,908

147,874

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

Other comprehensive income(loss)----7-26,359

110-5,639-31,896

Comprehensive income for theperiod

--

-

-7

-26,359

110-5,639-31,896

-

0-80

-

--------------------

Changes in the ownershipinterest in subsidiaries--1,964

-

-

-

-

-

-

Transfer from other componentsof equity to retained earnings

--

-

7-333

---325

Balance as of April 1, 2018Acquisition of treasury stock
Disposal of treasury stock
Dividends
Changes in scope of
consolidation

Total transactions with owners
Balance as of Dec. 31, 2018--1,964-7

7-333---32545,04969,861-115,842-

166,519-1,318-49,548

115,652

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings

Total equity

Total

1,161,260

1,310,176

492,952

1,803,129

83,21883,21838,673

121,891

Other comprehensive income(loss)--31,896-3,071-34,968

Comprehensive income for theperiod

83,21851,32235,601

86,923--8
10-8
1-40,423-40,423-20,880-61,303

-

-

3,413

3,413

-

-1,964

4,271

2,306

325

---

Balance as of April 1, 2018
Profit for the period

Acquisition of treasury stock
Disposal of treasury stock
Dividends
Changes in scope ofconsolidation
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-40,097-42,395-13,195-55,590

Balance as of Dec. 31, 2018

1,204,381

1,319,102

515,359

1,834,461- 5 -FY2020 3rd Quarter(Apr. 1, 2019 through Dec. 31, 2019)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Capitalsurplus

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

Exchangedifferencesontranslationof foreign
operations

Cash
flow
hedgesTotal

45,04970,043-115,844-

167,551-1,249-44,872

121,429--------

Other comprehensive income(loss)---

401

38,671327-5,87333,526Comprehensive income for theperiod

---

401

38,671327-5,87333,526

Disposal of treasury stock

--19

-4
77

-

----

Dividends--------

Changes in the ownershipinterest in subsidiaries--2,954

-

-25

-

-

1,157

1,131

Transfer from other componentsof equity to retained earnings----375

-248

-

--623

Balance as of April 1, 2019
Profit for the period

Acquisition of treasury stock

Total transactions with owners
Balance as of Dec. 31, 2019--2,973

73

-401

-248

-

1,157

507

45,04967,070-115,770-

205,975-921-49,589

155,463

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings

Total equity

Total

1,226,224

1,346,902

526,725

1,873,627

46,671

46,671

11,471

58,143

Other comprehensive income(loss)-

33,526-2,441

31,085Comprehensive income for theperiod

46,67180,1989,030

89,228

-

-4
58

2

-4
61

-40,424-40,424-10,715-51,139--1,822

8,551

6,728

623

-

--

Balance as of April 1, 2019
Profit for the period

Acquisition of treasury stock
Disposal of treasury stock
DividendsChanges in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners-39,800-42,192-2,161-44,354

Balance as of Dec. 31, 2019

1,233,095

1,384,908

533,593

1,918,502- 6 -(4) Notes to the Consolidated Financial Statements(Going concern assumption)
None(Changes in accounting policies)
Beginning from the fiscal year 2020, the company has adopted IFRS16 “Lease” (issued in January 2016; hereinafter “IFRS16”).
Due to the transition to IFRS16, the company recognized an additional 39,957 million yen in "Right-of-use assets" and 39,958 million yen in Leaseliabilities, respectively. In addition, 1,666 million yen which had been classified as Finance Lease under IAS17 "Lease" was reclassified from
"Property, plant and equipment" to "Right-of-use assets". Moreover, 7,779 million yen was reclassified from "Other non-current assets" to "Right-of-use assets".

(Changes in presentation）“Lease liabilities”, which had been included in “Other financial liabilities” for the previous fiscal year, has been separately presented for this quarterdue to an increase in materiality. To reflect these changes in presentation, a reclassification has been performed on the consolidated financial
statements for the previous fiscal year.
As a result, “Other financial liabilities” in Current liabilities which was presented at 38,416 million yen and included “Lease liabilities” of 8,031million
yen has been reclassified to 30,385 million yen. And “Other financial liabilities” in Non-current liabilities which was presented at 9,212 million yenand included “Lease liabilities” of 4,131million yen has been reclassified to 5,081 million yen.

(Material subsequent events)
None- 7 -