FY2015 1st Quarter Consolidated Financial Results [Japanese Standard］(April 1, 2014 through June 30, 2014)
July 31, 2014
This translation may be used only for reference purposes. This English version is a summary of theoriginal Japanese document. In cases where any differences occur between the English version and theoriginal Japanese version, the Japanese version shall prevail. Aisin Seiki Co., Ltd. shall accept noresponsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding
with regard to this translation

AISIN SEIKI Co., Ltd.

Company Name

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
Tomohiro Mamiya
TEL
General Manager, Finance & Costing Dept.
Scheduled filing date for quarterly reporting on EDINET: August 6, 2014
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 1st Quarter of FY2015（Apr. 1, 2014 through Jun. 30, 2014）(1)Consolidated Financial Results（Percent indications show the percentage of changes from corresponding figures for the previous period）

Net Sales
FY2015 1st quarter
FY2014 1st quarter

Ordinary Income

Operating Income

Net Income

Million Yen％

Million Yen％

Million Yen％

Million Yen％

707,028
699,586

1.1
6.7

38,49844,308-13.1-2.8

45,60354,005-15.6
12.0

23,851
28,987-17.7
19.9

Note : Comprehensive income FY2015 1st quarter: 31,436 million yen (-62.4%), FY2014 1st quarter: 83,514 million yen (120.3%)

Fully Diluted Earnings
Per ShareEarnings Per ShareFY2015 1st quarter
FY2014 1st quarterYenYen

84.53
102.8484.33
102.58(2)Consolidated Financial Position
Total Assets

FY2015 1st quarter
FY2014

Net assets excluding
subscription rights to sharesand minority interests as apercentage of total assets

Net Assets

Million Yen

Million Yen％

2,581,784
2,587,623

1,336,643
1,328,503

39.0
38.6

Reference : Net assets excluding subscription rights to shares and minority interests FY2015 1st quarter : 1,007,813 million yen , FY2014 : 999,540 million yen

２. Cash Dividends
Annual Cash Dividends Per Share
1st quarter
FY2014FY2015FY2015(Forecast)

2nd quarter3rd quarter

FY Total

4th quarter

YenYenYenYenYen――35―

60.00

95.00

45.00

―

50.00

95.00

Note : Changes in dividends forecast for FY2015: None

３. Consolidated forecast for FY2015 (Apr. 1, 2014 through Mar. 31, 2015)（Percent indications show the percentage of changes from corresponding figures for the previous year）

Net Sales
1st Half of FY2015

FY2015

Operating Income

Ordinary Income

Million Yen％

Million Yen％

1,420,0002,825,000

2.40.177,000172,000-10.80.5

Million Yen

1％84,000 -12.5
184,000-2.9

Note : Consolidated forecast corrections for FY2015 : Yes-Net Income-Million Yen

Earnings Per Share％Yen

39,000 -20.7
87,000 -3.4

138.21308.32

４. Others(１)Changes in significant subsidiaries： None(2)Adoption of special accounting policies in reporting quarterly financial statements： None(3)Changes in accounting policies, accounting estimation and restatement①Changes according to revision of accounting standard ： Yes②Other changes： None③Accounting estimation changes ： None
④Retrospective restatement： None(4)Issued and outstanding capital stock① Number of shares issued as of therespective balance sheet date② Number of treasury stock as of therespective balance sheet date
③ Average number of common stocks(quarterly total)

FY2015 1st294,674,634 shares FY2014
quarter
FY2015 1st
12,499,756 shares FY2014
quarter
FY2015 1stFY2014 1st282,162,728 sharesquarterquarter

294,674,634 shares
12,525,436 shares
281,866,077 shares※ Explanation regarding the review procedureAt 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.

-2-

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

AssetsCurrent assets
Cash and deposits
Notes 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, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
Land
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-FY2014(As of Mar. 31. 2014)

FY2015 1st quarter(As of Jun. 30, 2014)

262,398
387,595
175,768
81,47654,35061,785
125,864-933
1,148,306

262,139
378,769
153,796
80,55854,96660,564
142,764-947
1,132,612

272,083
361,384
37,347
119,964
1,134
78,579870,492
25,252

268,200
365,855
36,779120,473
1,040
72,162
864,51224,284458,324
85,714-467
543,5721,439,317
2,587,623

475,339
85,595-559
560,375
1,449,172
2,581,784

（Million Yen）

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of bonds
Provision
Other
Total current liabilities
Noncurrent liabilities
Bonds payable
Long-term loans payable
Provision
Net defined benefit liability
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets-4-FY2014(As of Mar. 31. 2014)

FY2015 1st quarter(As of Jun. 30, 2014)

351,176
79,05810,034
21,425
301,893
763,587

345,429
62,155
10,03420,041
306,146
743,808

70,118235,838
6,193
109,194
74,187495,532
1,259,120

70,101
231,445
4,994
111,587
83,203
501,332
1,245,140

45,04959,504
777,154-19,718
861,99045,04959,531
783,571-19,678
868,474

129,943
-999
5,642
2,963
137,550
2,384
326,578
1,328,503
2,587,623

137,095
-939
361
2,821
139,3382,364
326,465
1,336,643
2,581,784

(２） Consolidated quarterly statements of operation and comprehensive income- Consolidated quarterly statements of income （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
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
Income before income taxes and minority interests
Income taxes
Income before minority interests
Minority interests in income
Net income-5-

FY2014 1st quarter(Apr. 1, 2013 throughJun. 30, 2013)
699,586
599,034
100,551

FY2015 1st quarter(Apr. 1, 2014 throughJun. 30, 2014)
707,028
610,60296,425

15,96240,28056,24244,308

16,836
41,09057,92738,498

316
2,879
2,892
6,292
12,381

417
5,104
3,243
1,994
10,759

1,385
1,298
2,683
54,00554,005
12,366
41,63812,651
28,987

1,469
2,184
3,654
45,60345,603
13,38432,2198,368
23,851

- Consolidated quarterly statements of comprehensive income （Million Yen）

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustmentRemeasurements of defined benefit plans
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of the parent
Comprehensive income attributable to minority interests-6-

FY2014 1st quarter(Apr. 1, 2013 throughJun. 30, 2013)
41,638FY2015 1st quarter(Apr. 1, 2014 throughJun. 30, 2014)
32,21930,036
187
9,985
―

7,222
58
-7,124-246

1,666
41,876
83,514-693-782
31,436

68,875
14,63925,640
5,796

(３） Going concern assumption:None(４） Consolidated statements of changes in shareholders' equity
FY2015 1st quarter (Apr. 1, 2014 through Jun. 30, 2014)（Million Yen）

Capital stock Capital surplus
Balance as of Apr. 1, 2014
Cumulative effect of a changein accounting policy

45,049Balance at the beginning of the year
to reflect the change in accounting policy
Increase(Decrease) during the period

45,04959,504Retainedearnings
777,154

Total
Treasury stock Shareholders'equity-19,718-505
59,504

776,649

861,990-505-19,718

861,485Dividends from surplus-16,928-16,928

Net income

23,851

23,851

Purchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance as of Jun. 30, 2014

26

-1-1

41

68

―

26

6,922

39

6,988

45,04959,531

783,571-19,678

868,474-

7-