News

A class action (the "Class Action") was filed against Aisin Seiki Co., Ltd. ("Aisin Seiki") and its US subsidiary, Aisin Automotive Casting, LLC ("AAC" and collectively with Aisin Seiki, "Aisin Seiki and AAC") in the United States District Court, Eastern District of Michigan, and a complaint with respect to the Class Action was served upon AAC on January 21, 2015 (local time).

1. Background of the Class Action
Plaintiffs filed the Class Action against defendants including Aisin Seiki and AAC on behalf of purchasers of valve timing control devices, alleging that the defendants had coordinated sales activities for valve timing control devices sold in the U.S.

2. Plaintiffs
58 individuals who reside in the U.S.

3. Claims
In the Class Action, the plaintiffs claim compensation and an injunction against the conduct of the defendants. The amount of the claim was not recorded on the complaint.

4. Future Outlook
Aisin Seiki and AAC are going to take appropriate actions after examining the complaint.
The impact of the Class Action on Aisin Seiki's financial results is unknown at the present time because the amount of the claim in the Class Action was not recorded in the complaint.
Lawsuits similar to the Class Action may be filed against Aisin Seiki, its subsidiaries or affiliates in the future.