FY2011 1st quarter Consolidated Financial Results [Japanese Standard］(April 1, 2010 through June 30, 2010)

AISIN SEIKI Co., Ltd.

Company Name

July 30, 2010
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
Katsumi Asakura
TEL
General Manager, Finance & Accounting Dept.
Scheduled filing date for quarterly reporting on EDINET: August 6th, 2010
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 FY2011（Apr. 1, 2010 through Jun. 30, 2010）(1)Consolidated Financial Results
Net Sales
Operating Income
Ordinary Income
Net Income
FY2011 1st quarter
FY2010 1st quarter

Million Yen％

Million Yen％

Million Yen％

Million Yen％

569,613394,488

44.4
-41.1

43,061-20,885――

48,136-18,095――

21,538-14,553――Earnings Per ShareFY2011 1st quarter
FY2010 1st quarter

Fully Diluted Earnings
Per ShareYenYen

76.53-51.71

76.51―(2)Consolidated Financial Position

FY2011 1st quarter
FY2010Net assets excluding
subscription rights to sharesand minority interests as apercentage of total assets

Total Assets

Net Assets

Million Yen

Million Yen％

1,973,768
1,981,988

880,687
871,889

33.3
33.1

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

Net assets excluding
subscription rights to sharesand minority interests
per shareYen

2,337.81
2,328.68

FY2011 1st quarter : 657,929 million yen , FY2010 : 655,369 million yen

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

1st quarter
FY2010FY2011FY2011(Forecast)

3rd quarter

4th quarter

FY TotalYenYenYenYenYen――10.00―20.00

30.00

―――

30.00

Note : Changes in dividends forecast for FY2011: No
At present, FY2011 quarterly dividend forecast has not been determined yet

３. Consolidated forecast for FY2011 (Apr. 1, 2010 through Mar. 31, 2011)
Net Sales

Operating Income

Ordinary Income

Earnings Per ShareNet Income

Million Yen％

Million Yen％

Million Yen％

1st Half of FY2011 1,140,000
FY2011
2,100,000

29.4
2.2

80,000110,000―
25.6

84,000112,000―
18.0

Million Yen％Yen

37,000―50,000 201.1

131.47177.66Note : Consolidated forecast corrections for FY2011 : Yes
For more details for the 1st half forecast correction please refer to "Notice Concerning the Revision of Consolidated andUnconsolidated Half-year Fiscal Forecasts for FY2011" disclosed on July 30,2010. Also please note there are no corrections
for the yearly forecast for Fiscal Year 2011.

- 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 standard ： Yes②Other changes： 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)

FY2011 1stquarter
FY2011 1stquarter
FY2011 1stquarter

294,674,634 shares

FY2010294,674,634 shares

13,245,054 shares

FY201013,241,461 shares281,429,973 shares

FY2010
1st quarter

281,456,306 shares※ Explanation regarding the review procedure
At the time of the 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.
(Note concerning dividend)
The Company's stable dividend policy takes into account the overall consideration of business performance, payout ratio,
and other performance factors. AISIN has proposed the dividend amount to shareholders at 30 yen per share. However,quarterly dividend forecast has not been determined yet because of the uncertain business environment. AISIN will propose
quarterly dividend amount to shareholders after taking into consideration actual quarterly financial results.

- 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
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets- 3 -FY2011 1st quarter(As of Jun. 30, 2010)

FY2010(As of Mar. 31. 2010)

264,774
301,327
117,069
65,74535,08541,814
121,071-428
946,460

282,538
312,372
73,54069,30933,15639,373
118,290-448
928,135

560,327-320,085
240,242
1,334,917-1,023,892
311,025
261,065-234,059
27,005
103,929
863
-299
564
22,235705,002
14,751

557,721-314,387
243,333
1,360,354-1,037,690
322,663261,725-233,880
27,845
103,320
821
-221
599
23,759721,520
15,458

236,992
71,029-467
307,554
1,027,308
1,973,768

244,855
72,484-466
316,874
1,053,853
1,981,988

（Million Yen）

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of bonds
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 -FY2011 1st quarter(As of Jun. 30, 2010)

FY2010(As of Mar. 31. 2010)

283,355
34,36910,00018,572511
240,183
586,991

296,788
35,76810,00019,3781,370
234,131597,436

79,990313,592
88,6495,168
18,688506,089
1,093,081

79,990313,631
87,911
6,090
25,037
512,662
1,110,099

45,04958,831
562,126-20,793645,21445,04958,831
546,218-20,783
629,315

43,671-1,521-29,434
12,715
1,694
221,063880,687
1,973,768

58,845-1,337-31,454
26,053
1,538
214,981871,889
1,981,988

(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 interests
Income taxes
Income before minority interests
Minority interests in income (loss)
Net income (loss)- 5 -FY2010 1st quarter(Apr. 1, 2009 throughJun. 30, 2009)
394,488375,460
19,027FY2011 1st quarter(Apr. 1, 2010 throughJun. 30, 2010)
569,613481,245
88,36812,601
27,311
39,913-20,885

12,56732,74045,30743,061

103
1,285
696
3,853
5,938

188
1,310
2,145
4,793
8,438

1,325
1,823
3,149
-18,095-18,095

1,4881,874
3,362
48,136
48,136-1,903－-1,637-14,553

16,692
31,444
9,906
21,538

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

FY2010 1st quarter FY2011 1st quarter(Apr. 1, 2009 through (Apr. 1, 2010 throughJun. 30, 2009)
Jun. 30, 2010)
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 bank 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 change 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 --18,095
40,468-26,5428,851
5,647
17,90828,2371,853-1,021
5,890
34,96048,13634,35810,052-4,140-9,75022,655
101,311
2,411-1,094-31,83170,797

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

46,573-17,241555-20,894
1,768-1,0399,721

3,481
30,391-186-2,814-475-21
30,3742,204
40,335
143,804
184,139-1,514－-81-5,629-4,358-106-11,689-726
68,101
152,727
220,829

(４） Events or conditions that cast significant doubt on the going concern assumption:None(５） Consolidated Statements of Changes in Shareholders' Equity
FY2011 1st quarter (Apr. 1, 2010 through Jun. 30, 2010)
Capital stock Capital surplus
Balance as of Mar. 31, 2010

45,04958,831Retainedearnings
546,218（Million Yen）
TotalTreasury stock Shareholders'equity-20,783

629,315

Increase(Decrease) in FY2011 1st quarter
Dividends from surplus-5,629-5,629Net income (loss)

21,53821,538Purchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance as of Jun. 30, 2010

0-11-1100―015,908-10

15,89845,04958,831

562,126-20,793645,214- 7 -