For First Quarter, FY2017

Business Results - CONNECTING THE FUTURE ‐

31st July, 2017 Hirose Electric Co.,Ltd.

■Cautionary Statement

In this material, there are descriptions based on current estimation by Hirose Electric.

Hirose cautions you that a number of important risks, uncertainties and others could cause actual results to differ materially from those discussed in the *forward‐looking statements. Thank you for your understanding.

*Forward‐looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," "strategy," "prospects," "forecast," "estimate," "project," "anticipate," "aim," "may" or "might" and words of similar meaning in connection with a discussion of future operations, financial performance, events or conditions. These statements are based on management's assumptions and beliefs in light of the information currently available to it.

2

Business Situation of 1Q FY2017

FY 2016 1Q

Smartphone market orders had slightly exceeded expectation for Chinese market, etc. Automotive market trend was stable. Industrial market sales started weak, but ended with a upward trend.

FY 2016 Automotive market trended steadily. Smartphone market have increased slightly from 3Q. Industrial market overall trended

4Q steadily, lead by the good trend in FA related equipment.

FY 2017

1Q (Apr‐Jun)

4

Smartphone market sales had slightly decreased due to the delay of the starting up in Chinese market.

Industrial market overall had grown significantly because of the good trend in FA related equipment.

Automotive market had remained flat from 1Q.2016

Order： 323.0hundred million yen

ＦＹ2017 1Q

Results settled on

（YoY +6.8%, over 4Q FY2016 +10.8%）

Sales ： 294.7hundred million yen

（YoY +6.6%, over 4Q FY2016 ‐0.4%）

Recurring Profit ：74.0hundred million yen ※Profit Ratio 25.1％

（YoY +2.3%, over 4Q FY2016 +3.0%）

3

FY2016 1Q - FY2017 1Q Orders and Sales (Consolidated Basis, Index Number)

The order for mainly smart phone market has been received ahead

120Total

111

100

104

Average of FY2016

=100

96

103

99

9798

103

100

102

1Q

1Q FY2017

80

1Q 2Q 3Q 4Q

FY2017

FY2016

4

HRS - Hirose Electric Co. Ltd. published this content on 31 July 2017 and is solely responsible for the information contained herein.
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