Financial Results for
1Q FY2019
July 24, 2019
6807 Japan Aviation Electronics industry, Ltd.
Copyright ©2019. Japan Aviation Electronics Industry. Ltd

Net Sales and Incomes

Technology to Inspire Innovation(JPY in 100 millions)
Year/Year
Sequential
ChangeChange1QFY2019/1QFY2018 1QFY2019/4QFY2018

1Q FY2018

4Q FY2018

1Q FY2019

3 months ended Jun 30, 2018

Mar 31, 2019

Jun 30, 2019

Net Sales

562

438

452

-110

80%

14103%

Operating
Income421826-1760%

7139%

7.5%

4.2%

5.6%

551827-2948%

9149%

9.9%

4.1%

5.9%

41

1720-2149%

3119%

7.2%

3.8%

4.4%

109.1

110.2

109.9

to Net Sales

Ordinary
Incometo Net Sales

Net
Incometo Net Sales
Average
Exchange Rate
(JPY/USD)

0.8

Copyright ©2019. Japan Aviation Electronics Industry. Ltd-0.3

2Net Sales by Market Segment

Technology to Inspire Innovation(JPY in 100 millions)
Year/Year
ChangeSequential
Change1QFY2018

4QFY2018

1QFY2019

Jun 30, 2018

Mar 31, 2019

Jun 30, 2019

MobileDevices

264

47%

163

37%

192

43%

-72

73%

30

118%

Automotive

186

33%

172

39%

166

37%

-2189%-697%

Industrial &Infrastructure

86

15%

72

16%

7116%

-1582%-199%Others

254%

327%

235%

-292%

-973%

Total

562

100%

438

100%

452

100%

-11080%14103%

Domestic
Sales
Overseas
Sales

164

29%

15034%

14332%-2187%

-795%

398

71%

288

66%

309

68%

-89

78%

21107%

3 months ended

Component
Ratio

Component
Ratio

1QFY2019/1QFY2018 1QFY2019/4QFY2018

Component
Ratio

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3

Net Sales by Business Segment

Technology to Inspire Innovation(JPY in 100 millions)

3 months ended

Sequential
Change4QFY2018

1QFY2019

Jun 30, 2018

Mar 31, 2019

Jun 30, 2019 1QFY2019/1QFY2018 1QFY2019/4QFY2018

Component
Ratio

Component
Ratio

Connector

509

UIS

224%

19Aerospace

295%Others

20%Total

Year/Year
Change1QFY2018

562

91% 376

Component
Ratio

86% 395

87%

-114

78%

19105%

4%

174%

-579%

-194%

419%

388%

9131%

-392%

20%

20%

-175%

094%

100% 452

100%

-110

80%

14103%

100% 438

Copyright ©2019. Japan Aviation Electronics Industry. Ltd4

Operating Income by Business Segment
Technology to Inspire Innovation(JPY in 100 millions)

1QFY2018
3 months endedConnector
UIS
Aerospace
Unallocatablecost/Others

Total

4QFY2018

1QFY2019

Jun 30, 2018 Mar 31, 2019 Jun 30, 2019472330

9.3%

6.0%

7.5%

20-0

10.4%

1.6%

-2.1%

35710.1%

13.1%

18.9%

-10-1042
7.5%Year/Year
ChangeSequential
Change1QFY2019/1QFY2018 1QFY2019/4QFY2018

-18

7-3-1

42-110-1

18

26-17

74.2%

5.6%

Copyright ©2019. Japan Aviation Electronics Industry. Ltd

5Connector BusinessTechnology to Inspire Innovation（JPY in 100 millions）

Sales By Market Segment
554509500MobileDevicesAutomotive

0Industrial &Infrastructure
PC・LCD・TV &Others

264318541

304

395376163192

173

169

176

15915455
171Q/FY2018

49172Q/FY2018

43183Q/FY201837174Q/FY2018

36121Q/FY2019

Copyright ©2019. Japan Aviation Electronics Industry. Ltd

6

UIS BusinessTechnology to Inspire Innovation（JPY in 100 millions）

Sales By Market Segment
222120Automotive

Industrial &Infrastructure
012112011101091Q/FY2018

2Q/FY2018

3Q/FY2018

19171110774Q/FY2018

1Q/FY2019

Copyright ©2019. Japan Aviation Electronics Industry. Ltd

7

Aerospace BusinessTechnology to Inspire Innovation（JPY in 100 millions）
50

Sales By Market Segment
4141412830291311132Q/FY2018

3Q/FY2018

4Q/FY20183829
Industrial,Infrastructure,& Automotive

0Defense &Space292361Q/FY2018

91Q/FY2019

Copyright ©2019. Japan Aviation Electronics Industry. Ltd

8Capital Investment & Depreciation
Technology to Inspire Innovation（JPY in 100 millions）
10066

5752506347

CapitalInvestment050

4447481Q/FY2018

2Q/FY2018

3Q/FY2018

5243

Depreciation,others

1004Q/FY2018

1Q/FY2019

Copyright ©2019. Japan Aviation Electronics Industry. Ltd

9<Cautionary Statement>
The plans, strategies & results forecasts and targets for our company and our consolidated affiliates (hereinafterJAE) noted in these materials are forecasts and targets as of July 24, 2019, and include risks and uncertainties.
The targets noted in these materials are not projections, and do not reflect current projections by the management
team with regards to future results. Rather, these are targets to be attained by the management team throughimplementing business strategies.
Note that actual results may differ greatly from forecasts and targets, etc. based on various factors. Major factors that
affect actual business results, etc. are the political and economic situations in Japan, the US, Asia and so forth thatinvolve regions where JAE conducts business operations, demand fluctuations for JAE products (including softwareproducts) in the market, deflationary pressures caused by severe competition, the ability to continue supplying over
our competitors, the ability to expand business operations in overseas markets, changes to the laws and regulations
concerning business activities, and their transparency, potential legal responsibilities, exchange rates, etc, and there
may be other factors beyond the ones listed here. Actual results may differ from management targets and otherforecasts due to a worsening global economy and the global financial situation, stagnation in the domestic andoverseas stock markets, etc. Note that descriptions concerning projections are current as of that day.
Although new risks and factors of uncertainty that occur at any anytime are evident, it is impossible to predict theiroccurrence or effects. In addition, details describing future predictions may not actually occur due to risk anduncertainties. Do not rely solely on these descriptions.

※ Amounts less than 100 million JPY are rounded off.