Aisin Corporation

Equities

7259

JP3102000001

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange Other stock markets 01:30:00 2024-12-13 am EST			5-day change	1st Jan Change
1,738.50 ^JPY	-0.69%		+3.70%	+5.73%

Nov. 11	S&P Assesses Aisin's Proposed Subordinated Debt as Having Intermediate Equity Content	MT
Oct. 31	Mitsubishi Electric Mobility Partners with Aisin to Develop Advanced Next-Gen Electric Vehicle Products	MT

Aisin : IR Presentation（3,243KB）

October 31, 2024 at 01:23 am EDT

For the Fiscal year Ended March 31, 2025 2nd Quarter (April 1, 2024 to September 30, 2024)

Financial Results

October 31, 2024

AISIN CORPORATION

Overview of FYE2025 2nd Quarter Financial Results

FYE2025

Results

FYE2025 Forecast

Revenue decreased compared to the previous year, due to the decrease in sales volume of powertrain units for Europe and China, despite the effect of FX changes.

Operating profit decreased compared to the previous year, due to the investments for human capital and the future, despite the effect of FX changes and efforts to improve the corporate structure.

The forecast of Revenue and Operating profit for FYE2025 has been revised downward to 4,800 billion JPY and 200 billion JPY.

We will accelerate sales expansion of electrified products, strengthen product competitiveness and reinforce group management.

Return to

Shareholders

Despite the revision of full year forecast, the annual dividend forecast is maintained at

※

180yen. In addition, as part of the capital policy to reduce the cost of capital, the

company is in the process of conducting a Stock repurchase of 100 billion yen (maximum). We will continue to consider stable and continuous shareholder returns in the

medium to long term.

※Pre-Stock split basis
For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved.	1/23

Consolidated Financial Results (FYE2025 2nd Quarter)

FYE2025 2nd Quarter Results Financial Summary

					（）Shows Rate to Revenue % 【 Billion JPY 】

	FYE 2024 2nd Quarter	FYE 2025 2nd Quarter	Change	Change Rate
	Results		Results		％


Revenue	2,454.7	-	2,352.5	-	- 102.2	- 4.2

Operating Profit	90.8	(3.7)	56.1	(2.4)	- 34.7	- 38.1

Profit before	108.2	(4.4)	19.5	(0.8)	- 88.7	- 81.9
Income Taxes


Profit for the	69.6	(2.8)	8.0	(0.3)	- 61.6	- 88.4
Period*1

*1 ： Profit for the Period Attributable to Owners of the Parent

Pre-conditions

	FX	USD	142	JPY

	Rate	CNY	19.8	JPY


	Toyota Production		493	10,000
				unit
	Powertrain Unit		534	10,000
	Sales*2
			(110)	unit
(number of electrification unit*3)

153

21.1

480

501

(110)

JPY

10,000

unit

10,000

unit

11 JPY
1.3 JPY
13 10,000unit
33 10,000unit

(+ 0)

(- 0.1)

*2 ： Total Sales of AT, CVT, HEV and eAxle

*3 ： Total Sales of HEV, eAxle

3/23

FYE2025 2nd Quarter Revenue by Customer

Mobility

Energy Solutions and Others

2,454.7		2,352.5
62.5
(2.5%)		55.3
		(2.4%)
760.1	Other	696.3

(31.0%)	OEMs	(29.6%)

1,631.9	TOYOTA	1,600.7

(66.5%)	Group	(68.0%)

FYE2024 2Q	FYE2025 2Q
Results	Results

【 Billion JPY 】

Revenue by Customer（Other OEMs)

	Customer	FYE2024 2Q	FYE2025 2Q	Change	Change
	Results	Results	Rate (%)


	Stellantis	142.0	113.5	- 28.5	- 20.0
	SUZUKI	77.1	90.9	+ 13.8	+ 17.9
	VW & Audi	100.2	78.9	- 21.3	- 21.2
	VOLVO	51.8	46.2	- 5.6	- 10.7
	HONDA	37.2	40.3	+ 3.1	+ 8.2
	NISSAN	36.0	34.1	- 1.9	- 5.3
	MITSUBISHI	38.8	32.2	- 6.6	- 16.8
	Geely	16.6	27.7	+ 11.1	+ 66.8
	China FAW	23.4	25.1	+ 1.7	+ 7.3
	ISUZU	28.1	19.3	- 8.8	- 31.5
	Others	208.9	188.1	- 20.8	- 10.0
	Total	760.1	696.3	- 63.8	- 8.4

	(Reference)	103.2	108.3	+ 5.1	+ 4.9
	Chinese OEMs

For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved.	4/23

FYE2025 2nd Quarter Segment Information

FYE2024 2nd Quarter Results			FYE2025 2nd Quarter Results

Billion JPY 】

Revenue（YoY- 102.2）		Operation Profit（YoY- 34.7）

- 65.7

1,227.4

1,161.7 + 42.5


478.1520.6	- 33.3
	- 5.3
- 40.4

311.3


		278.0252.4
		247.1
185.3144.9

Japan	North	Europe	China	Asia &
	America			Others

※Revenue to external customers

- 34.4


43.1								+ 1.8


							- 4.1		30.6
							28.8


							19.1
					- 1.8	15.0

8.7	+ 0.5
3.5 1.7



			- 1.5 - 1.0
Japan	North	Europe	China	Asia &
			America					Others

5/23

FYE2025 2nd Quarter Analysis of Operating Profit

			【 Billion JPY 】
90.8	- 51.5
		+ 26.0	- 20.7
	+ 15.5	- 4.0	56.1

FYE2024 2nd	Sales & Product	FX Impact
Results	Mix etc.

Materials/	Cost Structure	Investments for	FYE2025 2nd
Improvement	Human Capital/
Logistics Cost	Results
・Structural Reforms	the Future ,Etc.


Sales &Product Mix etc.		Breakdown

Sales Volume	- 30.5
Fluctuations

Sales Price

Variance- 21.0

& Product Mix

FX Impact	Breakdown

USD	+ 7.4
CNY	+ 5.1
EUR	+ 0.5
THB	+ 2.5

Cost Structure Improvement/Structural Reforms

Promoting structural reforms in "SPEED&AGILE" way for "Full Model Change" that "Change Inside Gain Strength".

・Improve profitability by launching new products and electrified products.

・Improve profits of subsidiaries that are facing challenges.

・Reduction of fixed costs with no exceptions. Etc.

Investments for Human Capital/the Future

・Expand investments in human capital.

・R&D investing in Electrification・intelligence products and CN.

・Investment in preparation for production of electrified products. Etc.

6/23

Consolidated Financial Forecast (FYE2025)

FYE2025 Forecast Financial Summary

						（）Shows Rate to Revenue % 【 Billion JPY 】

	FYE 2024		FYE2025		Change	Change		FYE2025 Forecast
	Results		Forecast		Rate％		As of Apr. 26


Revenue	4,909.5	-	4,800.0	-	- 109.5	- 2.2		4,920.0	-

Operating Profit	143.3	(2.9)	200.0	(4.2)	+ 56.7	+ 39.5		220.0	(4.5)

Profit before	149.8	(3.1)	165.0	(3.4)	+ 15.2	+ 10.1		225.0	(4.6)
Income Taxes


Profit for the	90.8	(1.8)	100.0	(2.1)	+ 9.2	+ 10.1		130.0	(2.6)
Period*1

*1 ： Profit for the Period Attributable to Owners of the Parent

Pre-conditions

FX	USD	145	JPY

Rate	CNY	20.2	JPY

Powertrain		1,052
Unit Sales*2		10,000
			unit
(number of electrification unit*3)	(226)

146 JPY

20.6 JPY

1,000 10.000 unit

(232)

+ 1	JPY	- 0.7	145	JPY
+ 0.4	JPY	- 2.0	20.0	JPY
- 52	10,000	- 4.9	1,020	10,000
	unit			unit
(+ 6)		(+ 2.7)	(246)

*2 ： Total Sales of AT, CVT, HEV and eAxle

*3 ： Total Sales of HEV, eAxle

8/23

FYE2025 Revenue by Customer

Mobility
Energy Solutions and Others
4,909.5		4,800.0
135.0
	120.0
(2.8%)
	(2.5%)

1556.7		1,450.0
(31.7%)	Other
(30.2%)
	OEMs

3,217.7 TOYOTA	3,230.0
(67.3%)
(65.5%)	Group

FYE2024	FYE2025
Results	Forecast

					【 Billion JPY 】

	Revenue by Customer （Other OEMs）


	Customer	FYE2024	FYE2025	Change	Change
	Results	Forecast	Rate (%)


	Stellantis	281.9	227.0	- 54.9	- 19.5
	SUZUKI	168.5	190.0	+ 21.5	- 12.7
	VW & Audi	194.0	150.0	- 44.0	- 22.7
	VOLVO	110.0	94.0	- 16.0	- 14.6
	HONDA	84.4	84.0	- 0.4	- 0.5
	NISSAN	79.0	75.0	- 4.0	- 5.1
	MITSUBISHI	78.3	69.0	- 9.3	- 11.9
	Geely	42.2	53.0	+ 10.8	+ 25.4
	China FAW	43.7	47.0	+ 3.3	+ 7.4
	ISUZU	51.8	40.0	- 11.8	- 22.9
	Others	422.9	421.0	- 1.9	- 0.3
	Total	1,556.7	1,450.0	- 106.7	- 6.9

	(Reference)	218.4	215.0	- 3.4	- 1.6
	Chinese OEMs

For the Fiscal year Ended March 31, 2025 2nd Quarter Financial Results/ 2024.10.31 / © AISIN CORPORATION All Rights Reserved.	9/23

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Aisin Corporation published this content on October 31, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on October 31, 2024 at 05:22:05.645.

Latest news about Aisin Corporation

S&P Assesses Aisin's Proposed Subordinated Debt as Having Intermediate Equity Content	Nov. 11	MT
Mitsubishi Electric Mobility Partners with Aisin to Develop Advanced Next-Gen Electric Vehicle Products	Oct. 31	MT
Mitsubishi Electric Mobility and AISIN Agree on Business Partnership to Develop Products for Next-Generation xEVs	Oct. 31	CI
Tranche Update on Aisin Corporation's Equity Buyback Plan announced on June 27, 2024.	Oct. 04	CI
Tranche Update on Aisin Corporation's Equity Buyback Plan announced on June 27, 2024.	Aug. 06	CI
Uno Minda Limited Enters in to Technical License Agreement with Aisin Corporation	Aug. 01	CI
Aisin Corporation and the Bmw Group Agrees on Strategic Partnership	Jul. 31	CI
Denso to Sell Entire Aisin Stake in Secondary Offering	Jun. 27	MT
Toyota to Sell Portion of Shareholdings in Aisin	Jun. 27	MT
Toyota, affilites to offload some $1 bln in Aisin shares	Jun. 27	RE
Toyota and group companies to offload some $1 bln in Aisin shares	Jun. 27	RE
Aisin Corporation announces an Equity Buyback for 51,000,000 shares, for ¥100,000 million.	Jun. 27	CI
Aisin Corporation authorizes a Buyback Plan.	Jun. 26	CI
Toyota Group suppliers Denso, Aisin scale back cross-shareholdings, filing shows	Jun. 20	RE
Lixil to Take Over Aisin's Shower Toilet Business for 2 Billion Yen	May. 28	MT
Mitsubishi Electric Forms Electric Vehicle JV with Aisin, Mitsubishi Electric Mobility	May. 27	MT
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ASK Automotive Gets Board Nod to Set Up Joint Venture with AISIN Group	Apr. 24	MT
Morgan Stanley Adjusts Aisin Corporation’s Price Target to 6,000 Yen From 6,200 Yen, Keeps at Equalweight	Mar. 07	MT
Toyota Motor: to restart vehicle plants in Japan from Monday	Jan. 06	RE
Japanese firms rush to resume production as earthquake disrupts local economy	Jan. 05	RE
DENSO Corporation announces an Equity Buyback.	Nov. 29	CI
Denso: Toyota group to sell Denso stake, as components maker looks to buy back shares	Nov. 29	RE
Toyota group to sell 8% Denso stake, investors want more unwinding	Nov. 29	RE
Toyota Motor, Affiliates Plan Sale of 10% Denso Stake	Nov. 28	MT

Chart Aisin Corporation

Duration

Period

7259: Dynamic Chart

Company Profile

Aisin Corp is a Japan-based company mainly engaged in the manufacture and sale of automotive parts. It manufactures and sells automotive parts through five segments, including Japan, North America, Europe, China, and Association of South-East Asian Nations (ASEAN) & India. The Japan segment also manufactures and sells energy solution-related equipment. Automotive parts include powertrain-related parts such as automatic transmissions (AT), and manual transmissions (MT), driving safety-related parts such as brake master cylinders, and disc brakes, body-related parts such as power sliding door systems, power back door systems, and sunroofs, and other connected and sharing solutions (CSS)-related parts such as car navigation systems. The energy solution-related products include gas heat pump air conditioners (GHP), cogeneration systems, shower toilets, home renovations, construction and civil engineering, and petroleum sales. The Company is also engaged in the automotive parts business.

Employees

115,140

Sector

Auto, Truck & Motorcycle Parts

Calendar

2025-01-30 - Q3 2025 Earnings Release (Projected)

More about the company