Interim report
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. FY2027 1st Quarter Consolidated Financial Results [IFRS] (April 1, 2026 through June 30, 2026) July 31, 2026 Company Name AISIN CORPORATION Listed on The Tokyo and Nagoya Stock Exchanges Code Number 7259 URL https://www.aisin.com/en/ Representative Moritaka Yoshida, President Inquiries Takashi Kurauchi, General Manager Finance & Accounting Dept. TEL +81-566-24-8265 The expected date of dividends payment：- Additional documents to supplement financial results：Yes IR presentation：Yes (For analysts and professional investors) (Amounts less than million yen are rounded down) (Percent shows changes against corresponding figures for the previous period) Revenue Operating profit Profit before income taxes Profit for the period Three months ended Million Yen % Million Yen % Million Yen % Million Yen % June 30,2026 1,315,603 7.8 36,592 -23.6 47,846 -16.5 38,056 -14.8 June 30,2025 1,220,384 3.1 47,876 42.1 57,316 160.8 44,691 199.5 Profit for the period attributable to owners of the parent Comprehensive income for the period Basic earnings per share Diluted earnings per share Three months ended Million Yen % Million Yen % Yen Yen June 30,2026 31,883 -19.4 8,666 -60.1 44.48 － June 30,2025 39,557 189.1 21,699 347.3 52.31 － Total Assets Total equity Equity attributable to owners of the parent Ratio of equity attributable to owners of the parent As of Million Yen Million Yen Million Yen % June 30,2026 4,386,968 2,419,930 2,126,175 48.5 March 31,2026 4,512,274 2,496,098 2,200,573 48.8 Annual cash dividends per share 1st quarter 2nd quarter 3rd quarter Year end Total Yen Yen Yen Yen Yen Fiscal year ended March 31,2026 － 30.00 － 40.00 70.00 Fiscal year ended March 31,2027 － Fiscal year ended March 31,2027(Forecast) 35.00 － 40.00 75.00 Revenue Operating profit Profit before income taxes Profit attributable to owners of parent Earnings per share Million Yen % Million Yen % Million Yen % Million Yen % Yen Full year 5,250,000 2.6 235,000 2.7 245,000 -1.2 150,000 -12.6 212.70 1.Consolidated Results for the 1st Quarter of FY2027 (April 1, 2026 through June 30, 2026) (1) Consolidated Financial Results (2) Consolidated Financial Position 2.Cash Dividends (Note) Changes in dividends forecast for FY2027：None 3.Consolidated Financial Forecast for FY2027 (April 1, 2026 through March 31, 2027) (Percent shows changes against corresponding figures for the previous period) (Note) 1. Consolidated financial forecast corrections for FY2027：None 2. At the board of directors' meeting held on April 28, 2026, the Company resolved to repurchase its shares of common stock, to conduct tender offer for its own shares and to cancel its shares of treasury stock. The "Earnings per share" in Consolidated Financial Forecast for FY2027 take into account the impact of the acquisition of the Company’s own shares, consisting of the planned number of shares to be purchased through the tender offer and the impact of the cancellation of treasury shares.
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① Number of shares issued including treasury stock as of the respective balance sheet date As of June 30,2026 726,023,902 shares As of March 31,2026 759,023,902 shares ② Number of treasury stock as of the respective balance sheet date As of June 30,2026 24,507,396 shares As of March 31,2026 34,451,032 shares ③ Average number of common stocks (quarterly total) Three months ended June 30,2026 716,887,382 shares Three months ended June 30,2025 756,183,982 shares 4.Others (1) Significant change in scope of consolidation during the period: None Consolidation scope Consolidated (New)：None Eliminated ：None (2) Changes in accounting policies and accounting estimation ① Changes in accounting policies required by IFRS：Yes ② Other changes ：None ③ Changes in accounting estimation ：None (Note) For more information, please refer to (Changes in accounting policies) on page9. (3) Number of outstanding shares (common stocks) ※ Reviews by certified public accountants or an audit firm for the attached Quarterly Consolidated Financial Statements: None ※ Explanation regarding the appropriate use of forecasts, and other additional information 1. The forecasts included in this document are based on information that the Company has obtained at the time of this disclosure and certain assumptions that the Company considers reasonable. The Company does not guarantee the predicted outcome of the forecasts. Actual results may differ significantly from the forecast due to a variety of factors, such as exchange rates and conditions of the global market. 2. The Company is scheduled to hold the earnings briefing for analysts and professional investors on July 31, 2026. The presentation materials for the earnings briefing will be posted on its website promptly following the presentation.
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1. Qualitative Information regarding financial results for the three months ended June 30,2026 ……………………………………………… 2 (1） Information regarding operating results ………………………………………………………………………….…………………………… 2 (2） Explanation of financial position .……………………………………………………………………………………………………………… 2 (3） Explanation of consolidated earnings forecasts and other forward-looking statements ………………………………………………… 3 2. Quarterly Consolidated Financial Statements …………………………………………………………………………………………………… 4 (1） Quarterly Consolidated Statements of Financial Position ..………………………………………………….……………………………… 4 (2） Quarterly Consolidated Statements of Income / Quarterly Consolidated Statements of Comprehensive Income …………………… 5 (3） Quarterly Consolidated Statements of Changes in Equity .…………………………………….……. …….……………………………… 6 (4） Quarterly Consolidated Statements of Cash Flows ………………………………………………………….……………………………… 8 (5） Notes to Quarterly Consolidated Financial Statements ……………………………………………………….…………………………… 9 (Going concern assumption） ………………………………………………………………………………………………………………… 9 (Changes in accounting policies) ……………………………………………………………………………………………………………… 9 (Segments information） ……………………………………………………………………………………………………………………… 9 (Material subsequent events）………………………………………………………………………………………………………………… 10 Contents - 1 -
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1. Qualitative information regarding financial results for the three months ended June 30, 2026 (1) Information regarding operating results Revenue for the first three months of the fiscal year increased by 7.8％ from the same period of the previous fiscal year (¥1,220.3 billion) to ¥1,315.6 billion, mainly due to the effects of changes in exchange rates, despite a decrease in vehicle production volume at customers and sales of powertrain units. In terms of profit, operating profit decreased by 23.6％ from the same period of the previous fiscal year (¥47.8 billion) to ¥36.5 billion, profit before income taxes decreased by 16.5％ from the same period of the previous fiscal year (¥57.3 billion) to ¥47.8 billion, and profit for the period attributable to owners of the parent decreased by 19.4％ from the same period of the previous fiscal year (¥39.5 billion) to ¥31.8 billion, mainly due to factors such as a decrease in sales of powertrain units and an increase in raw material prices stemming from the situation in the Middle East, despite accelerating efforts to improve the corporate structure more than in the previous fiscal year. Performance by segment is as follows. ⅰ) Japan Revenue increased by 5.8％ from the same period of the previous fiscal year (¥762.9 billion) to ¥807.4 billion, mainly due to the increase in vehicle production volume at customers and the effects of changes in exchange rates. Operating profit increased by 30.7％ from the same period of the previous fiscal year ( ¥6.1 billion) to ¥8.0 billion, mainly due to the effects of changes in exchange rates and the effects of efforts to improve the corporate structure, despite the increase in raw material prices stemming from the situation in the Middle East and the investments for human capital and the future. ⅱ) North America Revenue increased by 19.5％ from the same period of the previous fiscal year (¥285.7 billion) to ¥341.3 billion, mainly due to the increase in production of hybrid transmission units and the effects of changes in exchange rates. Operating profit decreased by 28.8％ from the same period of the previous fiscal year( ¥6.7 billion) to ¥4.8 billion, mainly due to the impact of tariffs and the increase in raw material prices stemming from the situation in the Middle East, despite the increase in revenue. ⅲ) Europe Revenue decreased by 17.1％ from the same period of the previous fiscal year (¥79.8 billion) to ¥66.2 billion, due to a decrease in vehicle production volume at customers. Operating loss was ¥0.6 billion, a deterioration of ¥4.7 billion from operating profit of ¥4.0 billion in the same period of the previous fiscal year, mainly due to the decrease in revenue and the increase in production preparation costs. ⅳ) China Revenue decreased by 6.6％ from the same period of the previous fiscal year (¥143.7 billion) to ¥134.3 billion, due to decrease in vehicle production volume at customers and sales of powertrain units. Operating profit decreased by 48.7％ from the same period of the previous fiscal year (¥10.0 billion) to ¥5.1 billion, mainly due to the decrease in revenue, despite the effects of efforts to improve the corporate structure and structural reform. ⅴ) ASEAN and India Revenue increased by 26.5％ from the same period of the previous fiscal year (¥133.1 billion) to ¥168.4 billion, mainly due to the increase in sales of powertrain units in India and the effects of changes in exchange rates. Operating profit increased by 1.6％ from the same period of the previous fiscal year (¥15.9 billion) to ¥16.2 billion, mainly due to increased revenue resulting from higher sales volumes and the effects of changes in exchange rates. (Note) The amounts of revenue for each segment include intersegment revenue in addition to revenue from external customers. (2) Explanation of financial position At the end of the first quarter of the fiscal year ending March 31, 2027, assets decreased by 2.8％ from the end of the previous fiscal year (¥4,512.2 billion) to ¥4,386.9 billion, mainly due to the decrease in trade and other receivables and other financial assets in non-current assets. Liabilities decreased by 2.4％ from the end of the previous fiscal year (¥2,016.1 billion) to ¥1,967.0 billion, mainly due to the decrease in income tax payables and deferred tax liabilities. Equity decreased by 3.1％ from the end of the previous fiscal year (¥2,496.0 billion) to ¥2,419.9 billion, mainly due to the decrease in marketable securities valuation difference, acquisition of treasury stock and dividends of retained earnings, despite the increase in profit for the period. - 2 -
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(3) Explanation of consolidated earnings forecasts and other forward-looking statements There is no change in the full-year consolidated earnings forecasts for the fiscal year ending March 31, 2027 from the forecasts of “FY2026 Consolidated Financial Results [IFRS]” announced on April 28, 2026. The financial performance forecasts mentioned above include forward-looking statements based on information currently available to the Company. Actual financial performance may differ significantly from the above forecasts due to changes in internal and external circumstances, such as future operation of the business and exchange rate fluctuations. - 3 -
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(Million Yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and cash equivalents 592,398 587,804 Trade and other receivables 773,800 721,871 Other financial assets 18,502 20,327 Inventories 580,272 576,425 Other current assets 75,334 92,543 Total current assets 2,040,308 1,998,972 Non-current assets Property, plant and equipment 1,444,048 1,424,215 Intangible assets 53,437 52,147 Right-of-use assets 75,564 80,199 Investments accounted for using the equity method 84,515 85,834 Other financial assets 677,756 608,679 Deferred tax assets 86,646 86,475 Other non-current assets 49,996 50,444 Total non-current assets 2,471,966 2,387,996 Total assets 4,512,274 4,386,968 Liabilities and equity Liabilities Current liabilities Trade and other payables 879,532 878,113 Bonds and loans payable 97,755 93,335 Lease liabilities 13,871 14,628 Other financial liabilities 7,275 7,185 Provisions 42,853 43,704 Income tax payables 52,184 25,799 Other current liabilities 48,292 52,986 Total current liabilities 1,141,765 1,115,753 Non-current liabilities Bonds and loans payable 523,522 538,067 Lease liabilities 50,854 52,562 Other financial liabilities 20,533 20,616 Retirement benefit liabilities 187,026 186,358 Provisions 2,557 2,228 Deferred tax liabilities 75,234 36,714 Other non-current liabilities 14,682 14,736 Total non-current liabilities 874,410 851,284 Total liabilities 2,016,176 1,967,037 Equity Capital stock 45,049 45,049 Capital surplus 79,847 79,863 Treasury stock -80,262 -49,124 Other components of equity 511,703 478,802 Retained earnings 1,644,235 1,571,585 Equity attributable to owners of the parent company 2,200,573 2,126,175 Non-controlling interests 295,524 293,754 Total equity 2,496,098 2,419,930 Total liabilities and equity 4,512,274 4,386,968 2. Quarterly Consolidated Financial Statements (1) Quarterly Consolidated Statements of Financial Position - 4 -
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(Million Yen) Three months ended June 30, 2025 Three months ended June 30, 2026 Revenue 1,220,384 1,315,603 Cost of revenue -1,086,499 -1,183,869 Gross profit 133,885 131,733 Selling, general and administrative expenses -89,787 -99,502 Other income 5,638 6,044 Other expenses -1,860 -1,682 Operating profit 47,876 36,592 Finance income 11,544 11,304 Finance expenses -3,990 -4,384 Equity in earnings of affiliates 1,887 4,333 Profit before income taxes 57,316 47,846 Income tax expenses -12,625 -9,789 Profit for the period 44,691 38,056 Profit for the period attributable to: Owners of the parent 39,557 31,883 Non-controlling interests 5,134 6,172 Total 44,691 38,056 Earnings per share Basic earnings per share (Yen) 52.31 44.48 Diluted earnings per share (Yen) － － (2) Quarterly Consolidated Statements of Income / Consolidated Quarterly Statements of Comprehensive Income (Quarterly Consolidated Statements of Income) (Million Yen) Three months ended June 30,2025 Three months ended June 30,2026 Profit for the period 44,691 38,056 Other comprehensive income Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans 17 -199 Net changes in revaluation of financial assets measured at fair value through other comprehensive income (loss) -15,414 -46,655 Share of other comprehensive income (loss) of associates accounted for using the equity method -88 23 Total -15,485 -46,831 Items that may be reclassified subsequently to profit or loss Net changes in revaluation of financial assets measured at fair value through other comprehensive income (loss) -22 -102 Cash flow hedges 19 -1 Exchange differences on translating foreign operations -5,542 16,780 Share of other comprehensive income (loss) of associates accounted for using the equity method -1,960 764 Total -7,505 17,441 Other comprehensive income (loss) total -22,991 -29,390 Comprehensive income for the period 21,699 8,666 Comprehensive income (loss) for the period attributable to: Owners of the parent 19,172 -723 Non-controlling interests 2,526 9,389 Total 21,699 8,666 (Quarterly Consolidated Statements of Comprehensive Income) - 5 -
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(Million Yen) Equity attributable to owners of the parent Capital stock Capital surplus Treasury stock Other components of equity Remeasure ments of defined benefit plans Net changes in revaluation of financial assets measured at fair value through other comprehensive income Cash flow hedges Exchange differences on translation of foreign operations Total Balance as of April 1, 2025 45,049 80,578 -84,621 - 370,982 34 73,381 444,397 Profit for the period - - - - - - - - Other comprehensive income - - - 9 -15,400 3 -4,996 -20,384 Comprehensive income for the period - - - 9 -15,400 3 -4,996 -20,384 Hyperinflation adjustment - - - - - - - - Acquisition of treasury stock - - -8,318 - - - - - Disposal of treasury stock - 15 403 - - - - - Cancellation of treasury stock - 82,376 - - - - - Dividends - - - - - - - - Changes in the ownership interest in subsidiaries - -662 - -0 - - - -0 Transfer from other components of equity to retained earnings - - - -9 -171 - - -180 Total transactions with owners - -647 74,462 -9 -171 - - -180 Balance as of June 30, 2025 45,049 79,931 -10,159 - 355,410 38 68,384 423,833 Equity attributable to owners of the parent Non-controlling interests Total equityRetained earnings Total Balance as of April 1, 2025 1,491,859 1,977,263 256,001 2,233,265 Profit for the period 39,557 39,557 5,134 44,691 Other comprehensive income - -20,384 -2,607 -22,991 Comprehensive income for the period 39,557 19,172 2,526 21,699 Hyperinflation adjustment 410 410 - 410 Acquisition of treasury stock - -8,318 - -8,318 Disposal of treasury stock - 419 - 419 Cancellation of treasury stock -82,376 - - - Dividends -22,729 -22,729 -4,402 -27,131 Changes in the ownership interest in subsidiaries - -662 782 119 Transfer from other components of equity to retained earnings 180 - - - Total transactions with owners -104,925 -31,291 -3,619 -34,910 Balance as of June 30, 2025 1,426,902 1,965,556 254,908 2,220,464 (3) Quarterly Consolidated Statements of Changes in Equity Three months ended June 30, 2025 - 6 -
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Three months ended June 30, 2026 (Million Yen) Equity attributable to owners of the parent Capital stock Capital surplus Treasury stock Other components of equity Remeasure ments of defined benefit plans Net changes in revaluation of financial assets measured at fair value through other comprehensive income Cash flow hedges Exchange differences on translation of foreign operations Total Balance as of April 1, 2026 45,049 79,847 -80,262 - 374,265 72 137,365 511,703 Profit for the period - - - - - - - - Other comprehensive income - - - -62 -46,445 -1 13,903 -32,606 Comprehensive income for the period - - - -62 -46,445 -1 13,903 -32,606 Hyperinflation adjustment - - - - - - - - Acquisition of treasury stock - - -46,170 - - - - - Disposal of treasury stock - 10 426 - - - - - Cancellation of treasury stock - - 76,881 - - - - - Dividends - - - - - - - - Changes in the ownership interest in subsidiaries - 4 - -0 - - - -0 Transfer from other components of equity to retained earnings - - - 62 -356 - - -293 Total transactions with owners - 15 31,137 62 -356 - - -293 Balance as of June 30, 2026 45,049 79,863 -49,124 - 327,463 70 151,268 478,802 Equity attributable to owners of the parent Non-controlling interests Total equityRetained earnings Total Balance as of April 1, 2026 1,644,235 2,200,573 295,524 2,496,098 Profit for the period 31,883 31,883 6,172 38,056 Other comprehensive income - -32,606 3,216 -29,390 Comprehensive income for the period 31,883 -723 9,389 8,666 Hyperinflation adjustment 1,036 1,036 - 1,036 Acquisition of treasury stock - -46,170 - -46,170 Disposal of treasury stock - 437 - 437 Cancellation of treasury stock -76,881 - - - Dividends -28,982 -28,982 -11,160 -40,143 Changes in the ownership interest in subsidiaries - 4 1 6 Transfer from other components of equity to retained earnings 293 - - - Total transactions with owners -105,570 -74,711 -11,159 -85,870 Balance as of June 30, 2026 1,571,585 2,126,175 293,754 2,419,930 - 7 -
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(Million Yen) Three months ended June 30,2025 Three months ended June 30, 2026 Net cash provided by (used in) operating activities Profit before income tax 57,316 47,846 Depreciation and amortization 65,442 66,592 Decrease (increase) in trade and other receivables 69,080 62,304 Decrease (increase) in inventories 6,024 9,613 Increase (decrease) in trade and other payables -25,961 -21,904 Other, net 4,012 1,841 Subtotal 175,916 166,294 Interest income received 773 1,704 Dividends income received 12,432 12,200 Interest expenses paid -388 -1,330 Income taxes paid -17,348 -54,700 Net cash provided by (used in) operating activities 171,385 124,168 Net cash provided by (used in) investing activities Decrease (increase) in time deposits 521 -2,830 Purchase of property, plant and equipment -60,520 -50,997 Proceeds from sales of property, plant and equipment 1,322 2,037 Purchase of intangible assets -3,403 -2,987 Purchase of investment securities -262 -6,776 Proceeds from sales and redemption of investment securities 1,232 6,788 Proceeds from collection of lease receivables 2,825 916 Other, net 1,126 1,430 Net cash provided by (used in) investing activities -57,157 -52,419 Net cash provided by (used in) financing activities Increase (decrease) in short-term bank loans and commercial papers -15,018 -9,900 Proceeds from long-term payable － 19,933 Repayment of long-term loans payable -16,906 -1,228 Repayment of lease liabilities -6,261 -4,537 Acquistion of treasury stock -8,318 -46,170 Cash dividends paid -22,749 -28,999 Cash dividends paid to non-controlling interests -4,402 -11,059 Other, net 686 1,068 Net cash provided by (used in) financing activities -72,969 -80,894 Effect of exchange rate change on cash and cash equivalents -245 4,551 Net increase (decrease) in cash and cash equivalents 41,012 -4,593 Cash and cash equivalents at beginning of period 451,690 592,398 Cash and cash equivalents at end of period 492,703 587,804 (4) Quarterly Consolidated Statements of Cash Flows - 8 -
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Segment Product and service Japan Overall automotive parts Energy solution related products etc. North America Overall automotive parts Europe Overall automotive parts China Overall automotive parts ASEAN and India Overall automotive parts (5) Notes to Quarterly Consolidated Financial Statements (Going concern assumption) None (Changes in accounting policies) Beginning in the 1st quarter of FY2027 (April 1 2026 through Jun 30 2026), the Group has adopted “Contracts Referencing Nature-dependent Electricity” (Amendments to IFRS 9 and IFRS 7). The impact of this adoption on the Consolidated Quarterly Financial Statement for the first quarter ended March 31 2027 is immaterial. (Segments information) 1. General information regarding reportable segments The reportable segments of the Group are components for which financial information is available and whose operating results are periodically reviewed by the Board of Directors to make decisions about allocation of resources and to assess performance. We devise strategies, policies and goals for maximizing sustainable business value for the entire Group by meeting diverse needs near major automobile manufacturers around the world, and developing, producing, and selling high value-added products. We have assigned officers in charge of each region to supervise the devising of comprehensive strategies in the regions. In addition, the Group mainly manufactures and sells automobile parts, etc., and each company is conducting business activities based on the economic conditions and automobile parts market trends in each region, as well as business strategies and sales activities. Therefore, the Group consists of segments by location of the company based on the manufacture and sale of automobile parts, etc., and set five reportable segments with similar economic characteristics, etc.: "Japan", "North America", "Europe", "China", and "ASEAN and India". Reportable segments and its product and service are as follows. - 9 -
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(Million Yen) Reportable Segments Others Adjustments Total Japan North America Europe China ASEAN and India Total Revenue (1) Revenue from third parties 596,074 282,021 76,932 137,839 117,078 1,209,945 10,438 － 1,220,384 (2) Inter-segment 166,901 3,718 2,945 5,930 16,090 195,586 8 -195,595 － Total 762,975 285,740 79,878 143,769 133,168 1,405,532 10,447 -195,595 1,220,384 Segment profit 6,120 6,743 4,010 10,080 15,958 42,913 1,067 3,896 47,876 Finance income 11,544 Finance expenses -3,990 Equity in earnings of affiliates 1,887 Profit before income taxes 57,316 (Million Yen) Reportable Segments Others Adjustments Total Japan North America Europe China ASEAN and India Total Revenue (1) Revenue from third parties 635,041 337,489 62,852 119,389 150,895 1,305,668 9,935 － 1,315,603 (2) Inter-segment 172,443 3,908 3,377 14,947 17,512 212,189 2 -212,192 － Total 807,485 341,398 66,230 134,336 168,407 1,517,858 9,937 -212,192 1,315,603 Segment profit (loss) 8,000 4,804 -692 5,166 16,212 33,492 908 2,191 36,592 Finance income 11,304 Finance expenses -4,384 Equity in earnings of affiliates 4,333 Profit before income taxes 47,846 2. Revenue and profit by reportable segments FY2026 (April 1, 2025 through June 30, 2025) (Note1) Others include omitted non-core regions that manufacture and sell automotive parts, such as Brazil. (Note2) Inter-segment revenue is based on transaction price negotiated each year in consideration of market price and total cost. (Note3) Segment profit is based on Operating profit. FY2027 (April 1, 2026 through June 30, 2026) (Note1) Others include omitted non-core regions that manufacture and sell automotive parts, such as Brazil. (Note2) Inter-segment revenue is based on transaction price negotiated each year in consideration of market price and total cost. (Note3) Segment profit (loss) is based on Operating profit. (Material subsequent events) None - 10 -