Alpine Electronics : 【Investor Relations】 We made a 2016FY 2nd QTR Financial Result Overview.

FY 2016 2 nd QTR F i nancial Result Over v i ew Oct. 31st, 2016

Managing Director

Hitoshi Kajiwara

The earnings projections and other forward-looking statements

herein are based on certain assumptions made in light of

the information currently available to ALPINE and include potential risks and uncertainty. Actual results could differ from these forecasts

due to changes in various factors surrounding the businesses of the Company.

ffffblLPINE" •

Driving Mobile Media Innovation

FY2016 2nd QTR

Consolidated Financial Result Overview

• •

VISION2020 Consolidated Financial Result Overview

-2-

FY2015 2nd QTR

(Ended Mar. 2016)

FY2016 2nd QTR

(Ended Mar. 2017)

%

¥3.5bln

△ ¥2.2bln

△ 63.6％

(vs FY15)

Impact

≪Details≫

・USD

・EUR

・CNY etc.

△¥14.7bln

△¥10.1bln

△ ¥ 2.5bln

△ ¥ 2.1bln

¥1.2bln

Effect of Exchange Rate

Net sales

¥139.7bln

¥120.8bln

△ ¥18.8bln

△13.5％

Net Sales △¥4.1bln

Exchange rate

△ ¥0.1bln

△ ¥3.9bln

ー

△ ¥2.1bln

Operating Income

Ordinary Income

Profit attributable to owners of parent

¥3.8bln

¥11.4bln

¥122／$ ¥135／€

△ ¥13.5bln ー

△ ¥17/$ △ ¥17/€

【Foreign Exchange Sensitivity】 Impact on Operating Income ・USD per ¥1 ¥50mil (¥100mil /year) ・EUR per ¥1 ¥65mil (¥130mil/year)

¥105／$

¥118／€

E.P.S

¥165.30

△ ¥30.56

Dividend

¥15 (interim)

¥15 (interim)

R.O.E.

7.8%

△1.6%

R.O.A.

5.3%

△1.1%

VISION2020

Quarterly Result (Segment)

-3-

Unit: ¥billion

Audio Information &

Communication

Sales

46.6 48.450.3

57.4 55.1 48.853.8

64.4 68.2 69.7 72.4 75.4 69.5 72.075.0

Quarterly Net Sales

77.8 73.4

66.3 65.6 67.6

62.4 58.3

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q

Quarterly Operating Income

5.5%

5.1%

4.1%

Operating Income

Operating Income Ratio

3.3% 3.3% 2.8%

1.9%2.4%

-0.4%

1.0% 0.9%

2.1%

3.4%

2.3

4.0

2.7% 2.9%3.5%

2.5

2.0 2.0

3.8

3.1

2.6%2.5%

1.8

1.2%1.7%

0.5%

1.6%

1.5 1.5 1.4 1.01.3

0.50.6

1.5

1.6

0.71.1

0.3

0.9

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q

FY2011				FY2012				FY2013				FY2014				FY2015				FY2016
1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q	3Q	4Q	1Q	2Q
US ＄/yen	81.7	77.9	77.4	79.3	80.2	78.6	81.2	92.4	98.8	99.0	100.5	102.8	102.2	103.9	114.5	119.1	121.4	122.2	121.5	115.5	108.1	102.4
€/yen	117.4	110.2	104.3	104.0	102.9	98.4	105.3	122.0	129.0	131.1	136.7	140.8	140.1	137.8	143.1	134.2	134.2	136.0	133.0	127.2	122.0	114.3

△0.2