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November 9th, 2012 Calsonic Kansei Corporation

President & CEO Bunsei Kure

FY2012 2nd Quarter Financial Results

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FY11 #1H Actual(A)

(11/4-9)

FY12 #1H Actual(B)

(12/4-9)

Variance(B)-(A)

Sales(Value-added sales)

3,605(2,422)

3,837(2,540)

+233(+118)

Operating Profit* (Operating profit rate)

79(3.6%)

55(2.2%)

-25-

Ordinary Profit*(Ordinary profit rate)

85(3.3%)

51(2.0%)

-34-

2Q Net Profit*(Quarterly profit rate)

46(1.8%)

21(0.8%)

-25-

FX rate $ 79.8 79.4 -0.4

€ 113.7 100.5 -13.2

FY12 #2Q Financial Results Apr.- Sep. accumulated total

*Profit rates are calculated based on value-added sales

(100millions of JPY)

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1,816 2,605 2,422 2,540

940

1,171 1,183 1,297

0

2,000

4,000

FY09 2Q FY10 2Q FY11 2Q FY12 2Q

Pass-through parts, catalysts

Value-added Sales

2,756

3,776 3,605 3,837

Sales History Apr.-Sep. Accumulated total

(100M of JPY) (*) Internal management figures are used for pass-through parts

Variance analysis

◇ Effects of exchange fluctuation

-83

◇ Effects of operation capacity, etc.

315

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1,451 1,421

448 514206 204

562 683

0

1,000

2,000

Pass through parts

In-house (on VAS)

FY12 2Q

2,068

717

379

687

FY11 2Q FY12 2QFY11 2Q FY12 2QFY11 2Q FY12 2QFY11 2Q

2,085

862

364

807

Sales History by Region Apr.-Sep. Accumulated total

(100M of JPY)

Japan North America

Europe Asia

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30

24

6

20

36

-9

4

24

-10

0

10

20

30

40

(100M of JPY)

FY12 2QFY11 2Q FY12 2QFY11 2Q FY12 2QFY11 2Q FY12 2QFY11 2Q

Operating Profit History by Region Apr.-Sep. Accumulated total

Japan North America

Europe Asia

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0

50

100(100M of JPY)

FY11 2QOperating

profit79

Production increase,

etc.-23

Effects of exchange fluctuation

-15

Effect of operation efficiency

+29FY12 2QOperating

profit55

Fixed cost, R&D cost

-21

Rationalization, etc.+6

Operating Profit Variance Analysis <FY11 2Q vs. FY12 2Q>

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Workload increase to deal with production increase, new-model launch, production location change at the same period of time

Caused unexpected cost increase

Many models have launched in FY12 1st half

Back to normal from the2nd

half

0 2 4 6

FY11 2H

FY12 1H

FY12 2H

FY13 1H

# of new models in the Region

Electronics parts production transfer from US to MEX (May – Oct.)

Current situation of the North America Region (FY12 #1H)

Production location change

Reference

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FY11 2Q FY12 2Q Detail (FY12 #2Q items)

Operating Profit (Loss) 79 55

Non-operating Profit/Loss 6 -4 Derivative income 24Exchange loss -31

Ordinary Profit (Loss) 85 51

Extraordinary Profit/Loss -16 -11

PBT (LBT) 68 40

Taxes -22 -19 Corporate tax, etc. -18Minority interest/loss -1

2nd Quarter Net Profit (Loss) 46 21

Ordinary Profit, Net Profit Apr.-Sep. Accumulated total

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68

4654

93

135

113106

95

0

30

60

90

120

150

105 102

115 117

0

30

60

90

120

150

(100M of JPY)

FY092Q

Depreciation

3.7% 5.8%1.8% 3.9%

CAPEX R&D cost

2.2% 4.7%

FY102Q

FY112Q

FY122Q

FY092Q

FY102Q

FY112Q

FY122Q

3.7% 4.6%

CAPEX, Depreciation, R&D Cost Apr.-Sep. Accumulated total

CAPEX on sales(VA sales)

R&D costs on sales(VA sales)

(100M of JPY)

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FY2012 Forecast

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FY12 Forecast FY11 Actual

(11/04-12/03)

FY12 Initial (A)

(12/04-13/03)

FY12 Revised(B)

(12/04-13/03)

Variance(B)-(A)

Sales*(Value-added sales)

7,823(5,085)

8,100(5,200)

7,500(4,800)

-600(-400)

Operating Profit

*(Operating profit rate)

220(4.3％)

260(5.0％)

180(3.8％)

-80－

Ordinary Profit*(Ordinary profit rate)

220(4.3％)

250(4.8％)

170(3.5％)

-80－

Net Profit*(Net profit rate)

243(4.8％)

150(2.9％)

100(2.1％)

-50－

CAPEX 215 240 225 -15

R&D cost 235 260 250 -10

Depreciation 206 200 195 -5

(100M of JPY)

* Profit rates are calculated based on VA sales

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0

100

200

300

Operating Profit Variance Analysis <FY12 Initial vs. Revised>

(100M of JPY)

Effect of exchange fluctuation

-21

Effect of operation efficiency

-113

Initial forecast

260

Revised forecast

180

Fixed cost, R&D cost

＋39Rationalization, etc.＋28 Production

increase -13

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FY12 2nd Half & Mid-term Action Plan

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Growth

GlobalGreen

•Introducing Eco-Technologies/Products to Lead the global competition

•Introducing Eco-Technologies/Products to Lead the global competition

Establishing the Corporate Foundation for Great Company

•Embracing Growing Demand for Small /Low Cost Cars

•Business Expansion in Emerging Countries •Standardization of

Global Management /Operational Processes

13

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Accelerating sales expansion actions to achieve “GX4 T10”

Compressor(India)

Heat exchanger Radiator(Europe)

Electronic partsBrushless motor

(China, Korea, US)

AC systemHVAC

(Korea)

Newly achieved business in FY12 1st half

Sales Expansion Activities

*The pictures are for illustrative purpose only

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Global launch of new product (Injection skin) Started local compressor production in China Business expansion in Russia, India, & Brazil

Business Expansion in the Emerging Countries

Russia・Calsonic Kansei RUS LLC・Establishment: May 2012・Start of operation: Dec. 2013・Cockpit Module, HVAC・Investment: 750 M JPY

India・Calsonic Kansei Motherson Auto Products Ltd.・Establishment: Sep. 2007 ・Start of operation: Nov. 2013 (Assembly already in operation)

・Heat exchanger, Compressor ・Investment: 1 B JPY

Brazil・Calsonic Kansei do Brazil LTDA・Establishment: Apr. 2012・Start of operation: Apr. 2012 ・Cockpit Module, Compressor ・Investment: 1.1 B JPY

Injection skin global launch (China, Thailand, Mexico)

ChinaStarted local production of compressor (Mar. 2012)

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Improvement from Upstream process (Development phase)

Expansion & Acceleration of Local ProcurementLocal procurement rate at overseas region… 90% by FY15

Optimized & Efficient investment

LCC utilization in R&D & Production EngineeringPromoting the standardizationof R&D / PE operation

Signed an outsourcing agreementwith an Indian engineering company

Profit Improvement Activities

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*1: OP on value-added sales

-1.3

3.7 4.3 3.8

7.0

FY09 FY10 FY11 FY12 FY16

6,194

7,482 7,823 7,500

10,000

FY09 FY10 FY11 FY12 FY16

Global Top 10 Automotive Suppliers

in Sales(over 1 Trillion yen)

Global Top 10 Automotive Suppliers

in Operating Profit (7%+ OP Rate*1)

（C）Copyright 2012 Calsonic Kansei Corporation. All Rights Reserved. 1818

・Plans, strategies, opinions and other statements regarding Calsonic Kansei Corporation stated in this document, other than historical facts, are forward-looking statements, which include risks and uncertainty. Please note the actual results may differ from the statements in accordance with the future economic condition, market trends, exchange fluctuation, and other important aspects.

・The statements in this documents are developed based on the purpose to provide information, and not to solicit investment.

・This document is the copyright of Calsonic Kansei Corporation. Reproduction or use of any copy without permission is prohibited.