New Electronic Components Manufacturing Company Established in North America (June 9, 2004)

Aisin Seiki established a new company to produce electronic components, to be used to control products such as microcomputer-controlled sunroof in Marion, Illinois in the United States. The new company, Aisin Electronics Illinois, LLC (AEIL) will start production operations in June 2005.

Aisin has been manufacturing electronic components for North American automakers at its Handa Electronic Plant and Aisin Electronics, Inc. (located in Stockton, California, abbr: AEI). In order to flexibly respond to its growing customers based in Midwest, Aisin decided to found another facility in Southern Illinois.

AEIL will manufacture electronic components to be used to body related system products such as sunroof, power sliding door system, etc. AEIL will construct its facilities on the premises of Aisin Mfg. Illinois, LLC (AMI), which produces body related system products. This will enable to increase production efficiency for the system products.

To achieve the overall goal of becoming a global supplier, Aisin Seiki, along with the other AISIN Group companies, strives to move ahead with the establishment of overseas production bases best suited to the characteristics of each major region and the construction of an efficient production structure.

[Company profile]

1.Company name:	Aisin Electronics Illinois, LLC (AEIL)
2.Foundation:	April 14, 2004
3.Location:	Marion, Illinois, U.S.A
4.Capital investment:	US $5.3 million
5.Shares:	100% by Aisin Holdings of America, Inc.
6.President:	Tomoo Ishikawa (also serves as President of Aisin Electronics, Inc.)
7.Area:	Buildings œ 5,350 square meters (On the premises of Aisin Mfg. Illinois, LLC)
8.Business:	Electronic components for system products such as microcomputer-controlled sunroof, power sliding door system, etc.
9.Start of production:	June 2005
10.Sales:	US $45 million (projected for 2008)
11.Employees:	120 (projected for 2008)
12.Investment:	US $14 million including land, buildings, and equipments
13.Customers:	Toyota in North America and other car manufacturers
14.Others:	18 th manufacturing company of the AISIN Group in North America