FY2010 1st quarter Consolidated Financial Results(April 1, 2009 through June 30, 2009)
July 31, 2009
Company NameAISIN SEIKI Co., Ltd.

Code NumberURL
Representative
Reference person in charge7259
http://www.aisin.com/Fumio Fujimori, President
Shintaro Ito,
TEL
General Manager, Finance & Accounting Dept.

The Tokyo, Osaka and Nagoya
Stock Exchanges (1st division)

Listed on+81 - 566 - 24 - 8265
（Amounts less than million yen are rounded down.）

１. Consolidated Results for the 1st Quarter of FY2010（Apr. 1, 2009 through Jun. 30, 2009）(1)Consolidated Financial Results
Net Sales
Operating Income
Ordinary Income
FY2010 1st quarter
FY2009 1st quarter

Net Income

Million Yen％

Million Yen％

Million Yen％

Million Yen％

394,488670,024-41.1―-20,885
37,363――-18,095
45,153――-14,553
23,844――Earnings Per ShareFY2010 1st quarter
FY2009 1st quarter

Fully Diluted Earnings
Per Share

YenYen-51.71
84.72―84.70(2)Consolidated Financial Position

FY2010 1st quarter
FY2009Net assets excluding
subscription rights to sharesand minority interests as apercentage of total assets

Total AssetsNet Assets

Million Yen

Million Yen％

1,797,437
1,731,689

827,490814,50635.1
35.8

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

Net assets excluding
subscription rights to sharesand minority interests
per shareYen

2,240.47
2,202.86

FY2010 1st quarter : 630,592 million yen , FY2009 : 620,008 million yen

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

1st quarter
FY2009FY2010FY2010(Forecast)

3rd quarter

4th quarter

FY TotalYenYenYenYenYen――

30.00

―

10.00

40.00――――

Note : At present, the amount of FY2010 dividends has not been determined yet .

３. Consolidated Forecast for FY2010（Apr. 1, 2009 through Mar. 31, 2010）
Net Sales

Operating Income

Ordinary Income

Net Income

Earnings Per Share

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen

1st Half of FY2010 850,000
FY20101,800,000

-34.8
-18.7

-35,000-65,000――-33,000-70,000――-25,000-50,000――-88.82-177.65― 1 ―４. Others(１)Changes in significant subsidiaries： None(2)Adoption of estimates in method of accounting treatment： Yes(3)Changes in Accounting Policies and Presentation①Changes according to revision of accounting policy ： None
②Changes other than the above ： None
(4)Issued and outstanding capital stock① Number of shares issued as of the respective balance sheet date
FY2010 1st quarter : 294,674,634 shares , FY2009 : 294,674,634 shares② Number of treasury stock as of the respective balance sheet date
FY2010 1st quarter : 13,218,744 shares , FY2009 : 13,217,685 shares③ Average number of common stocks
FY2010 1st quarter : 281,456,306 shares , FY2009 1st quarter : 281,451,040 shares※ Explanation regarding the appropriate use of forecasts, and other statements(Notes concerning forecast)
Above forecasts contain forward-looking statements based on management’s assumptions and beliefs taking into accountinformation currently available to it. Therefore, please be advised that actual results could differ from those described inthese forward-looking statements as a result of various factors such as changes in general economic and business conditions,and changes in currency exchange rates.
(Notes concerning profit distribution)
With improving dividend level, the Company intends to live up to the expectations of our shareholders in overall considerationof business performance, payout ratio, and others. However, the payment of this term dividends has not been determined yet
because of the uncertain business environments. AISIN will propose this term dividend to shareholders after taking into
consideration its actual financial results and payout ratio for FY2010 half year.

― 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
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, netLand
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 ―FY2010 1st quarter(As of Jun. 30, 2009)

FY2009(As of Mar. 31. 2009)

105,284
230,498
77,23961,98735,64944,200115,957-1,120669,696

72,586
199,437
77,65162,31036,94048,282
117,696-1,324
613,581553,145-303,235
249,909
1,414,533-1,008,817
405,715260,012-226,053
33,959101,377
526
-127
398
38,381
829,741
17,686542,825-297,775
245,050
1,391,874-980,991
410,882
257,612-221,509
36,102
100,429
507
-100
407
48,699841,571
18,905

212,92267,933-543
280,313
1,127,741
1,797,437

190,406
67,777-552
257,631
1,118,108
1,731,689

（Million Yen）

Liabilities
Current liabilities
Notes and accounts payable-trade
Commercial papers
Short-term loans 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 ―FY2010 1st quarter(As of Jun. 30, 2009)

FY2009(As of Mar. 31. 2009)

204,040

194,397

40,044
18,874357
204,421467,739

36,96019,153729
204,441455,682

69,989318,329
85,138
5,341
23,407502,207969,947

69,989287,985
84,485
6,260
12,779461,499
917,182

45,04958,831
517,873-20,726
601,02745,04958,831
535,242-20,724
618,398

55,546-1,310-24,670
29,565
1,144
195,753
827,490
1,797,437

41,843-1,330-38,902
1,610
1,016
193,481814,5061,731,689

(２） 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 (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)
Income (loss) before income taxes and minority
Income taxes
Minority interests in income (loss)
Net income (loss)― 5 ―FY2009 1st quarter(Apr. 1, 2008 throughJun. 30, 2008)
670,024582,72287,302FY2010 1st quarter(Apr. 1, 2009 throughJun. 30, 2009)
394,488375,460
19,027

13,14336,79549,93837,363

12,601
27,311
39,913-20,885

333
2,686
3,442
4,057
10,519

103
1,285
696
3,853
5,938

647
2,082
2,729
45,15345,153
13,5087,800
23,844

1,325
1,823
3,149
-18,095-18,095-1,903-1,637-14,553

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

FY2009 1st quarter FY2010 1st quarter(Apr. 1, 2008 through (Apr. 1, 2009 throughJun. 30, 2008)
Jun. 30, 2009)
Net cash provided by (used in) operating activities
Income (loss) before income taxes and minority interests
Depreciation and amortization
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 securities
Other, net
Net cash provided by (used in) investing activities
Net cash provided by (used in) financing activities
Increase (decrease) in short-term loans and commercial papers
Proceeds from long-term loans payable
Repayment of long-term loans payable
Cash dividends paid
Cash dividends paid to minority shareholders
Other, net
Net cash provided by (used in) financing activities
Effect of exchange rate changes 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― 6 ―45,15342,963
8,064
1,865-18,416
28,245
107,875
5,038-252-43,889
68,772-18,095
40,468-26,5428,851
5,647
17,90828,2371,853-1,021
5,890
34,960-8,125-47,0391,401-7,171
1,865-453-59,523

4,246-34,659774-1,212
4,029
-382
-27,204

13,445－-612-10,133-4,695119-1,876-5,516
1,856
190,245
192,101

3,481
30,391-186-2,814-475-21
30,3742,204
40,335
143,804
184,139

(４） Notes for going concern basis of accounting
None(５） Segment information【Business segments】
AISIN's main business is manufacturing and selling of automotive parts. Over 90% of sales and operating
income derive from this segment. Therefore information of industry segments is omitted.
【Geographical segments】
FY2009 1st quarter (Apr. 1, 2008 through Jun. 30, 2008)
NorthJapan
America
Net sales
456,392
98,363(1) Customers（Million Yen）

EuropeOthersTotal

Eliminations

Consolidated

51,682

63,585670,024―

670,024(2) Intersegment

85,920

2,661

2,026

2,142

92,750-92,750―

Total
Operating income

542,313
20,888101,024
3,349

53,708705

65,728
11,216

762,774
36,160-92,750
1,202

670,024
37,363

Note: 1. Geographical segments are determined according to geographical closeness.
2. Main countries areNorth America: U.S.A., Mexico
Europe: Belgium, Czech
Others: China, Thailand
FY2010 1st quarter (Apr. 1, 2009 through Jun. 30, 2009)
NorthJapanAmerica
Net sales
293,347
39,774(1) Customers（Million Yen）

EuropeOthersTotal

Eliminations

Consolidated

28,58932,777394,488―394,488(2) Intersegment

40,508

2,631

1,496

1,452

46,090-46,090―

Total
Operating income (loss)

333,856-17,866

42,405-5,90730,086-35

34,2292,060

440,578-21,748-46,090863

394,488-20,885

Note: 1. Geographical segments are determined according to geographical closeness.
2. Main countries areNorth America: U.S.A., Mexico
Europe: Belgium, Czech
Others: China, Thailand― 7 ―【Sales by customer location】
FY2009 1st quarter (Apr. 1, 2008 through Jun. 30, 2008)
North America
Overseas sales
Net sales（Million Yen）

EuropeOthers

Total

108,758

60,917

98,468268,144―――670,024

Overseas sales
16.2
9.1
14.7
ratio to net sales(%)
Note: 1. Geographical segments are determined according to geographical closeness.
2. Main countries areNorth America: U.S.A., Canada
Europe: Germany, Sweden
Others: Thailand, China, South Korea

FY2010 1st quarter (Apr. 1, 2009 through Jun. 30, 2009)
North America
Overseas sales
Net sales

40.0（Million Yen）

EuropeOthers

Total

46,05132,64762,657

141,356―――

394,488

15.9

35.8

Overseas sales
11.6
8.3
ratio to net sales(%)
Note: 1. Geographical segments are determined according to geographical closeness.
2. Main countries areNorth America: U.S.A., Canada
Europe: Germany, Sweden
Others: Thailand, China, South Korea(６） Consolidated statements of changes in shareholders' equity
FY2010 1st quarter (Apr. 1, 2009 through Jun. 30, 2009)
Capital stock

Balance as of Mar. 31, 2009

（Million Yen）Capital surplus Retained earnings Treasury stock

45,04958,831

535,242

Total
Shareholders'equity-20,724

618,398-2
0-2-20,726-2,814-14,553-2
0-17,371
601,027

Increase(Decrease) in FY2010 1st quarter

Dividends from surplus
Net income (loss)
Purchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance as of Jun. 30, 2009

-2,814-14,553―
45,049― 8 ―-0-0
58,831-17,368
517,873