FY2010 Half year Consolidated Financial Results(April 1, 2009 through September 30, 2009)
October 30, 2009
Company NameAISIN SEIKI Co., Ltd.

Code NumberURL
Representative
Contact person7259
http://www.aisin.com/Fumio Fujimori, President
Shintaro Ito,
TEL
General Manager, Finance & Accounting Dept.

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

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

１. Consolidated Results for FY2010 Half year（Apr. 1, 2009 through Sep. 30, 2009）(1)Consolidated Financial ResultsNet Sales
Operating Income
Ordinary Income
FY2010 Half year
FY2009 Half year

Net Income

Million Yen％

Million Yen％

Million Yen％

Million Yen％

880,824
1,304,590-32.5―-3,49657,188――-1,454
66,494――-34,774
31,581――Earnings Per ShareFY2010 Half year
FY2009 Half year

Fully Diluted Earnings
Per ShareYenYen-123.55
112.21―112.20(2)Consolidated Financial Position

FY2010 Half year
FY2009Net assets excluding
subscription rights to sharesand minority interests as apercentage of total assets

Total Assets

Net Assets

Million YenMillion Yen％

1,822,106
1,731,689

809,484
814,506

33.5
35.8

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

Net assets excluding
subscription rights to sharesand minority interests
per shareYen

2,171.50
2,202.86

FY2010 Half year : 611,179 million yen , FY2009 Year end : 620,008 million y

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

1st quarter
FY2009FY2010FY2010(Forecast)

3rd quarter

4th quarter

FY Total

YenYen

Yen

Yen

Yen――

30.00
10.00

―

10.00

40.00

―――Note : Changes in dividends forecast for FY2010 as of September 30, 2009: Yes
At present, FY2010 3rd and 4th quarter dividend forecast has not yet been determined.

３. Consolidated Forecast for FY2010（Apr. 1, 2009 through Mar. 31, 2010）
Net Sales
FY2010Operating Income

Ordinary Income

Earnings Per ShareNet Income

Million Yen％

Million Yen％

Million Yen％

Million Yen％

Yen

1,920,000-13.3

36,000―38,000―-18,000―-63.95Note : Consolidated forecast corrections for FY2010 : Yes
For more details please refer to "Notice Concerning Revision of the Forecasts for Consolidated and Unconsolidated Financial Resultsfor FY2010 and Extraordinary Losses" disclosed on October 30,2009- 1 -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 policy ： None
②Other changes： None(4)Issued and outstanding capital stock① Number of shares issued as of the respective balance sheet date
FY2010 Half year : 294,674,634 shares , FY2009 : 294,674,634 shares② Number of treasury stock as of the respective balance sheet date
FY2010 Half year : 13,219,545 shares , FY2009 : 13,217,685 shares③ Average number of common stocks
FY2010 Half year : 281,455,802 shares , FY2009 Half year : 281,454,447 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. Therefore, please be advised that actual results could differ from those described in theseforward-looking statements as a result of various factors such as changes in general economic and business conditions, andchanges in currency exchange rates.
(Notes concerning profit distribution)
AISIN intends to live up to the expectations of our shareholders in overall consideration of business performance, payout ratio,
and others when determining dividend amount. However, dividends amount for this term has not yet been determined due to theuncertain business environment. AISIN will propose the dividend amount for this term to shareholders after taking into consideration
actual financial results and payout ratio for FY2010.

- 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, 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
OtherAllowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets- 3 -FY2010 Half year
(As of Sep. 30, 2009)

FY2009(As of Mar. 31. 2009)

136,577
276,943
82,50265,583
39,33439,654
118,285-509
758,371

72,586
199,437
77,65162,31036,94048,282
117,696-1,324
613,581544,103-308,797
235,305
1,389,542-1,025,623
363,919
260,976-230,110
30,866
101,043
547
-161
386
34,565766,085
16,612542,825-297,775
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

212,029
69,512-504
281,037
1,063,735
1,822,106

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

（Million Yen）

Liabilities
Current liabilities
Notes and accounts payable-trade
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 hedgesForeign currency translation adjustment
Total valuation and translation adjustments
Subscription rights to shares
Minority interests
Total net assets
Total liabilities and net assets- 4 -FY2010 Half year
(As of Sep. 30, 2009)

FY2009(As of Mar. 31. 2009)

243,280
19,644
18,672594
189,510
471,702194,397
36,96019,153729
204,441455,682

89,990338,691
86,027
5,584
20,625
540,919
1,012,622

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

45,04958,831
497,653-20,728
580,805

45,04958,831
535,242-20,724
618,398

54,827-1,285-23,168
30,373
1,302
197,002809,484
1,822,106

41,843-1,330-38,902
1,610
1,016
193,481814,506
1,731,689

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

FY2009 Half year
FY2010 Half year
(Six-month period from (Six-month period from
Apr. 1, 2008 throughApr. 1, 2009 throughSep. 30, 2008)
Sep 30, 2009)
Net sales
Cost of sales
Gross profit
Sales, general and administrative expenses
Salaries and allowances
Other
Total sales, 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 losses
Income (loss) before income taxes and minority interests
Income taxes
Minority interests in income
Net income (loss)- 5 -1,304,590
1,146,284
158,306

880,824
802,915
77,90926,41674,701
101,117
57,18825,061
56,344
81,405-3,496

596
2,814
4,416
8,67216,499

259
1,348
975
8,180
10,763

1,777
5,415
7,193
66,494

2,867
5,854
8,722
-1,454――
66,494
23,312
11,60031,58137,42037,420-38,874-4,843
743-34,774（Million Yen）

FY2009 2nd quarter
FY2010 2nd quarter(Three-month period from (Three-month period from
Jul. 1, 2008 throughJul. 1, 2009 throughSep. 30, 2008)
Sep. 30, 2009)
Net sales
Cost of sales
Gross profit
Sales, general and administrative expenses
Salaries and allowances
Other
Total sales, general and administrative expenses
Operating income (loss)
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Extraordinary loss
Impairment loss
Total extraordinary losses
Income (loss) before income taxes and minority interests
Income taxes
Minority interests in income
Net income (loss)- 6 -634,566
563,561
71,004

486,336
427,455
58,881

13,27337,90551,17819,825

12,45929,032
41,492
17,389

263
128
973
1,196
3,418
5,980

155
63
278
―
4,538
5,036

1,130
3,333
4,464
21,341

1,542
4,241
5,784
16,641――
21,341
9,804
3,799
7,736

37,42037,420-20,778-2,9392,381-20,220

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

FY2009 Half year
FY2010 Half year
(Apr. 1, 2008 through (Apr. 1, 2009 throughSep. 30, 2008)
Sep. 30, 2009)
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 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
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 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- 7 -66,49488,859－23,915-12,906-20,937-6,912
138,513
5,984-1,666-47,106
95,724-38,874
84,43237,420-73,255
5,437
46,222
4,337
65,7202,038-2,722
21,19986,235-5,741-121,726
3,944-11,302
12,026-2,244-125,042-10,159-67,725
2,809-8,262
5,571-1,367-79,133

30
149-11,633－-10,133-6,113294-27,405-3,790-60,514
190,245
129,730-674
59,785-24,438
20,000-2,819-1,861-67
49,924
2,691
59,717
143,804
203,521

(４） Notes for going concern basis of accounting
None(５） Segment information【Geographical segments】
FY2009 Half year (Apr. 1, 2008 through Sep. 30, 2008)
NorthJapan
America
Net sales
899,319 180,234(1) Customers（Million Yen）

Europe96,946(2) Intersegment

165,451

5,649

3,989

Total
Operating income

1,064,771
32,143

185,884
1,960

100,936
1,082

OthersTotal

128,090 1,304,590
4,588

179,680

132,679 1,484,271
20,37055,557

Eliminations

Consolidated― 1,304,590-179,680―-179,680 1,304,590
1,631
57,188

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 Half year (Apr. 1, 2009 through Sep. 30, 2009)
NorthJapan
America
Net sales
651,660
90,406(1) Customers（Million Yen）

EuropeOthersTotal

Eliminations

Consolidated

60,11878,639880,824―

880,824(2) Intersegment

96,428

6,437

3,037

2,952

108,856-108,856―

Total
Operating income (loss)

748,089-2,911

96,843-8,286

63,15610681,591
7,869

989,681-3,222-108,856-273

880,824-3,496

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- 8 -【Geographical segments】
FY2009 2nd quarter (Jul. 1, 2008 through Sep. 30, 2008)
NorthJapan
America
Net sales
442,926
81,870(1) Customers（Million Yen）

EuropeOthersTotal

Eliminations

Consolidated

45,26464,504

634,566―

634,566(2) Intersegment

79,531

2,988

1,963

2,446

86,930-86,930―

Total
Operating income

522,457
11,25584,859-1,38947,227376

66,9509,154

721,496
19,396-86,930
428

634,566
19,825FY2010 2nd quarter (Apr. 1, 2010 through Sep. 30, 2010)
NorthJapanEurope
America
Net sales
358,31350,632
31,529(1) Customers（Million Yen）

OthersTotal

Eliminations

Consolidated

45,861

486,336―486,336(2) Intersegment

55,919

3,805

1,541

1,500

62,766-62,766―

Total
Operating income (loss)

414,233
14,95554,438-2,37933,070141

47,361
5,808

549,103
18,525-62,766-1,13648,636
17,389- 9 -【Sales by customer location】
FY2009 Half year (Apr. 1, 2008 through Sep. 30, 2008)
North America
Overseas sales
Net sales（Million Yen）

EuropeOthers

Total

200,940

114,204

194,693

509,838―――

1,304,590

Overseas sales
15.4
8.8
14.9
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: China, Thailand, South Korea

FY2010 Half year (Apr. 1, 2009 through Sep. 30, 2009)
North America
Overseas sales
Net sales（Million Yen）

EuropeOthers

Total

103,965

67,917

144,735

316,618―――

880,824

16.4

35.9

Overseas sales
11.8
7.7
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: China, Thailand, South Korea

FY2009 2nd quarter (Jul. 1, 2008 through Sep. 30, 2008)
North America
Overseas sales
Net sales
Overseas sales
ratio to net sales(%)（Million Yen）

EuropeOthers

Total

92,18253,28696,225

241,693―――

634,566

14.5

8.4

15.2

38.1

FY2010 2nd quarter (Jul. 1, 2009 through Sep. 30, 2009)
North America
Overseas sales
Net sales
Overseas sales
ratio to net sales(%)

39.1（Million Yen）

EuropeOthers

Total

57,91435,26982,077

175,261―――486,336

11.9

7.2

16.9

36.0

- 10 -

(６） Consolidated statements of changes in shareholders' equity
FY2010 Half year (Apr. 1, 2009 through Sep. 30, 2009)
Capital stock

Balance as of Mar. 31, 2009

（Million Yen）

Capital surplus Retained earnings Treasury stock

45,04958,831

535,242Total
Shareholders'equity-20,724

618,398-4
0-4-20,728-2,814-34,774-40-37,593
580,805

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

-2,814-34,774-0-0
58,831―45,049- 11 --37,589
497,653