FY2023 2nd Quarter Consolidated Financial Results [IFRS](April 1, 2022 through September 30, 2022)
October 28, 2022
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 CORPORATION
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 CORPORATIONListed on

The Tokyo and Nagoya Stock Exchanges

Code NumberURL

https://www.aisin.com/en/7259

Representative

Moritaka Yoshida, President

Contact person

Yoshio Uchiyama, General Manager Finance & Accounting Dept. TEL

Scheduled filing date for quarterly reporting on EDINET：November 11, 2022

+81-566-24-8265

The expected date of dividends payment：November 25, 2022

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 FY2023 (Apr. 1, 2022 through Sep. 30, 2022)(1) Consolidated Financial Results(Percent shows changes against corresponding figures for the previous period)
Operating profit

Revenue

Profit before income taxes

Profit for the period

Million Yen％

Million Yen％

Million Yen％

Million Yen％FY2023 2nd quarter

2,106,616

13.0

26,633-68.7

54,902-42.9

39,680-42.4

FY2022 2nd quarter

1,864,721

28.1

85,175－96,103－68,887－Profit for the period
attributableto owners of the parent

Comprehensive income
for the periodBasic earnings per share

Diluted earnings per share

Million Yen％

Million Yen％

YenYenFY2023 2nd quarter

31,922-48.8

32,052-70.1

118.44118.44FY2022 2nd quarter

62,332－

107,228－231.28231.28(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％FY2023 2nd quarter

4,184,125

1,985,414

1,744,630

41.7

FY2022

4,205,801

1,996,508

1,756,516

41.8

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

Year end

TotalYenYenYen

Yen

Yen

FY2022－70.00－

100.00170.00

FY2023－70.00－－－

FY2023(Forecast)(Note) Changes in dividends forecast for FY2023：None
The Year end (4th quarter) dividend forecast for FY2023 have not been decided at this point.
3.Consolidated Financial Forecast for FY2023 (Apr. 1, 2022 through Mar. 31, 2023)(Percent indications show the percentage of changes against previous Fiscal Year)
Operating profit

Revenue

Full year

Profit before incometaxesProfit attributable toowners of parent

Earnings per share

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen

4,550,000

16.1

190,000

4.4

220,000

0.0

135,000-4.9500.89(Note) Consolidated Financial forecast corrections for FY2023：Yes
Please refer to the “Notice of the Revised Forecast of Consolidated Financials” disclosed on October 28, 2022.

- 1 -4.Others(1) Changes in significant subsidiaries：Yes
Consolidation scope
Consolidated (New)：None
Eliminated：AISIN SEIKI (CHINA) INVESTMENT CO., LTD.
AISIN SEIKI (CHINA) INVESTMENT CO., LTD. was merged into AISIN (CHINA) INVESTMENT CO., LTD.
(2) Changes in accounting policies and accounting estimation① Changes in accounting policies required by IFRS：None② Other changes：None③ Changes in accounting estimation：None(3) Number of outstanding shares (common stocks)① Number of shares issued including treasury stock as of therespective balance sheet date② Number of treasury stock as of the respective balance
sheet date
③ Average number of common stocks (quarterly total)

FY2023 2ndquarter

294,674,634 shares

FY2022

294,674,634 shares

FY2023 2ndquarter

25,150,851 shares

FY2022

25,160,248 shares

FY2023 2ndquarter

269,520,697 shares

FY2022 2ndquarter

269,515,569 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 October 28, 2022. 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)FY2022(As of Mar. 31, 2022)

FY2023 2nd quarter(As of Sep. 30, 2022)

AssetsCurrent assets
Cash and cash equivalents
Trade and other receivables
Other financial assets
Inventories
Other current assets
Total current assets

386,906
635,728
67,305568,866
73,365346,160
659,930
48,616
634,556
68,333

1,732,172

1,757,598

1,468,607
45,745

1,486,521
56,727Right-of-use assets
Investments accounted for using the equity method
Other financial assets

59,843
132,211
663,659

58,993140,347
571,874

Deferred tax assets
Other non-current assets
Total non-current assets

75,092
28,46884,04028,022

2,473,629

2,426,527

4,205,801

4,184,125

Current liabilities
Trade and other payables

828,524

809,429

Bonds and loans payable
Lease liabilities

111,759
21,544

186,426
19,989Other financial liabilities

7,563

11,052

Provisions
Income tax payables

32,792
26,29633,60014,867

Non-current assets
Property, plant and equipment
Intangible assets

Total assets
Liabilities and equity
Liabilities

Other current liabilities

42,511

43,003

1,070,993

1,118,368

Non-current liabilities
Bonds and loans payable

770,910

720,879

Lease liabilitiesOther financial liabilities

40,094
16,79037,65533,947Retirement benefit liabilities
Provisions
Deferred tax liabilities

221,319
2,320
70,554226,160
2,177
41,766

Total current liabilities

Other non-current liabilities
Total non-current liabilities
Total liabilities

16,30817,753

1,138,299
2,209,292

1,080,342
2,198,710
45,049EquityCapital stock

45,049

Capital surplus

76,28274,804

Treasury stock-115,723-115,674

Other components of equity
Retained earnings

330,324
1,420,583

314,792
1,425,658

Equity attributable to owners of the parent company

1,756,516
239,992

1,744,630
240,783

1,996,508

1,985,414

4,205,801

4,184,125

Non-controlling interests
Total equity
Total liabilities and equity- 3 -(2) Consolidated quarterly statements of income / Consolidated quarterly statements of comprehensive income(Consolidated quarterly statements of income)(Million Yen)FY2022 2nd quarter(Apr. 1, 2021 throughSep. 30, 2021)
Revenue
Cost of revenue
Gross profit
Selling, general and administrative expenses

FY2023 2nd quarter(Apr. 1, 2022 throughSep. 30, 2022)1,864,721-1,652,595

2,106,616-1,928,726

Other income

212,126-137,614
15,216

177,889-159,965
13,633

Other expenses
Operating profit-4,552-4,92385,175

26,633Finance expenses
Equity in earnings of affiliates

9,717-5,854
7,065

29,696-7,436
6,008

Profit before income taxes
Income tax expenses

96,103-27,215

54,902-15,222

Profit for the period

68,887

39,680

Profit for the period attributable to:
Owners of the parent

62,332

31,922Finance income

Non-controlling interests

6,555

7,757

Total

68,887

39,680231.28
231.28118.44118.44

Earnings per share
Basic earnings per share (Yen)
Diluted earnings per share (Yen)(Consolidated quarterly statements of comprehensive income)(Million Yen)FY2022 2nd quarter(Apr. 1, 2021 throughSep. 30, 2021)
Profit for the period
Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of defined benefit plans

FY2023 2nd quarter(Apr. 1, 2022 throughSep. 30, 2022)

68,887

39,680236

13Net changes in revaluation of financial assets measured at fair value throughother comprehensive income

39,944-57,657

Share of other comprehensive income of associates accounted for using theequity method49-13540,230-57,779

44-11681-1,993

90
44,856

-22

5,321

Total
Other comprehensive income total-1,88938,34150,152-7,627

Comprehensive income for the period

107,228

32,052102,203
5,025

16,493
15,558107,228

32,052

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

Comprehensive income for the period attributable to:
Owners of the parent
Non-controlling interests
Total- 4 -(3) Consolidated statements of changes in equity

FY2022 2nd quarter(Apr. 1, 2021 through Sep. 30, 2021)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2021
Profit for the period

Capitalsurplus

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

Exchangedifferencesontranslationof foreign
operations

Cashflow
hedgesTotal

45,04976,210-115,717-

259,759-491-41,698

217,568--------

Other comprehensive income(loss)---

198

39,80287-217

39,870Comprehensive income for theperiod-

-

-

198

39,80287-217

39,870Acquisition of treasury stock
Disposal of treasury stock
Dividends---3------

Changes in the ownershipinterest in subsidiaries

-

37-

9---

9

Transfer from other componentsof equity to retained earnings

---

-208

0-

-

-208

45,04937
76,248-3-115,720-198-0299,561-403-41,916-198
257,241

Total transactions with owners
Balance as of Sep. 30, 2021

Equity attributable to owners of the parent
Non-controlling interests

Retainedearnings
Balance as of April 1, 2021
Profit for the period

Total equity

Total

1,312,400

1,535,512

223,096

1,758,609

62,33262,332

6,555

68,887

Other comprehensive income(loss)-39,870-1,52938,341

Comprehensive income for theperiod62,332

102,203

5,025

107,228

Acquisition of treasury stock
Disposal of treasury stock--3---3--26,951-26,951-6,432-33,383

-

47

345

393

208

-

-

-

-26,743
1,347,989-26,9071,610,808-6,086
222,034-32,994
1,832,843

Dividends
Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners
Balance as of Sep. 30, 2021

- 5 -FY2023 2nd quarter(Apr. 1, 2022 through Sep. 30, 2022)(Million Yen)
Equity attributable to owners of the parent
Other components of equity

Capitalstock

Balance as of April 1, 2022
Profit for the period

Capitalsurplus

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

Exchangedifferencesontranslationof foreign
operations

Cash
flow
hedgesTotal

45,04976,282-115,723-

325,493

-253

5,084

330,324--------

Other comprehensive income(loss)----15-57,53295

42,024-15,428

Comprehensive income for theperiod----15-57,532

95

42,024-15,428

Acquisition of treasury stock
Disposal of treasury stock--13-353-----

Dividends--------

Changes in the ownershipinterest in subsidiaries--1,464

-

0-

--

0

Transfer from other componentsof equity to retained earnings---

15-120---104

Total transactions with owners
Balance as of Sep. 30, 2022--1,47749

15-120---104

45,04974,804-115,674-

267,841-158

47,108314,792

Equity attributable to owners of the parent
Non-controlling interests

RetainedearningsBalance as of April 1, 2022
Profit for the period

Total equity

Total

1,420,583

1,756,516

239,992

1,996,508

31,922

31,922

7,757

39,680

Other comprehensive income(loss)--15,428

7,800-7,627

Comprehensive income for theperiod

31,922

16,493

15,55832,052Acquisition of treasury stock
Disposal of treasury stock
Dividends-26,951-3
39-26,951-6,627-3
39-33,579--1,464-8,139-9,603104----26,847
1,425,658-28,379
1,744,630-14,767
240,783-43,146
1,985,414

Changes in the ownershipinterest in subsidiaries
Transfer from other componentsof equity to retained earnings
Total transactions with owners
Balance as of Sep. 30, 2022

- 6 -

(4) Notes to the Consolidated Financial Statements(Going concern assumption)
None(Material subsequent events)
None- 7 -