Alpine Electronics : 【Investor Relations】 We made a FY2016 3rd QTR Financial Result Overview.

Jan. 27th , 2017

Managing Director

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 3rd QTR

Consolidated Financial Result

Overview

• •

-2-

FY2015 3rd QTR

(Ended Mar 2016)

FY2016 3rd QTR

(Ended mar 2017）

%

vs FY2015

△¥20.7bln

Effect of Exchange Rate

Net sales

￥205.4bln

￥181.3bln

△ ￥24.0bln

△11.7％

Net Sales △¥3.2bln

Exchange rate

¥107／$

Dividend

￥15 (interim)

￥15 (interim)

¥118／€

Impact

≪Details≫

・USD

・EUR

・CNY etc.

△¥13.7bln

△ ¥ 3.4bln

△ ¥ 3.6bln

￥4.3bln

￥4.6bln

+ ￥0.3bln

+7.2％

￥7.0bln

+ ￥2.1bln

+ 45.3%

￥7.9bln

△ ￥3.1bln

△28.6%

△ ￥15 /$

【Foreign Exchange Sensitivity】

Impact on Operating Income

・USD per ¥1 ¥110mil /year

・EUR per ¥1 ¥120mil /year

△ ￥16 /€

E.P.S

￥161.87

￥115.57

R.O.E.

7.7%

5.6%

R.O.A.

5.3%

3.9%

-3-

Unit: ¥billion

46.6 48.4 50.3 57.4 55.1 48.853.8

Quarterly Net Sales

64.4 68.2 69.7 72.4 75.4 69.5 72.0 75.0 77.8 73.4 66.3 65.667.6

Audio Information &

Communication

62.4 58.360.5

Sales

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

80.00

70.00

60.00

50.00

40.00

30.00

20.00

10.00

0.00

(10.00)

Quarterly Operating Income

Operating

Operating

10.0%

8.0%

3.3% 3.3% 2.8%

1.9%2.4%

2.1%

3.4%

5.5%

2.7% 2.9%3.5%

5.1%

4.1%

2.6%2.5%

Income

Income Ratio

5.5%

6.0%

4.0%

1.5 1.5 1.4 1.01.3

-0.4%

1.0% 0.9%

0.50.6

1.5

2.3

4.0

2.5

2.0 2.0

3.8

3.1

1.8

1.6

1.2%1.7%

0.71.1

0.6%

0.3

1.6%

0.9

3.3

2.0%

0.0%

-2.0%

-4.0%

-6.0%

-8.0%

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

△0.2

-10.0%