Results Briefing FY2010 COPYRIGHT(C) 2010 ALPS ELECTRIC CO., LTD. ALL RIGHTS RESERVED.

Results Briefing FY2010 COPYRIGHT(C) 2010 ALPS ELECTRIC CO., LTD. ALL RIGHTS RESERVED.

Results for FY2010 Summary (Unit: Billions of JPY) FY2009 FY2010 Results 1-3 Q 4 Q Total Difference Forecast Difference vs.'09 ('11 1/31) vs.forecast Electronic Components 274.1 227.3 68.8 296.1 21.9 8.0% 293.0 3.1 1.1% (AUTO Division) (112.5) (92.7) (32.1) (124.9) (12.4) 11.0% (122.0) (2.9) 2.4% (HM&I Division) (161.6) (134.5) (36.6) (171.2) (9.5) 5.9% (171.0) (0.2) 0.1% Audio Equipment 166.1 145.5 52.7 198.3 32.1 19.4% 193.0 5.3 2.8% Logistics 44.9 36.0 11.4 47.5 2.5 5.6% 47.0 0.5 1.1% Others 8.3 6.5 2.0 8.6 0.3 4.1% 8.0 0.6 8.1% Net Sales 493.6 100.0% 415.5 100.0% 135.1 100.0% 550.6 100.0% 57.0 11.6% 541.0 100.0% 9.6 1.8% Electronic Components 0.4 0.1% 10.3 4.5% 2.6 3.9% 13.0 4.4% 12.6 --- 14.5 4.9% -1.5-10.6% Audio Equipment 0.2 0.1% 9.7 6.7% 1.3 2.6% 11.1 5.6% 10.9 --- 10.0 5.2% 1.1 11.4% Logistics 3.4 7.8% 3.1 8.6% 0.7 6.4% 3.8 8.1% 0.3 9.8% 4.0 8.5% -0.1-4.0% Others 0.2 3.5% 0.3 5.0% 0.1 5.6% 0.4 2.7% 0.1 50.7% 0.3 3.8% 0.1 47.8% Eliminations 0.3 0.3 0.1 0.4 0.1-0.3 0.7 Operating Income 4.7 1.0% 23.8 5.7% 5.0 3.8% 28.8 5.2% 24.1 508.7% 28.5 5.3% 0.3 1.3% Ordinary Income 1.6 0.3% 17.4 4.2% 5.7 4.2% 23.1 4.2% 21.4 --- 22.5 4.2% 0.6 3.0% * Extra ordinary loss by disaster (3.4) (3.4) Net Income 0.5 0.1% 7.8 1.9% 3.2 2.4% 11.1 2.0% 10.5 --- 14.5 2.7% -3.3-23.2% F JPY/USD 92.85 86.85 82.34 85.72-7.13 85.14 0.58 X JPY/EUR 131.15 113.31 112.57 113.12-18.03 112.48 0.64 Details of Extra ordinary loss : E.Components 1.4, Audio Equipment 1.5, Logistics 0.4, Others 0.0 2

From Occurrence of Earthquake to Recovery Location in Tohoku Area Furukawa Plant Kitahara Plant Wakuya Plant Sendai R&D Center Nagaoka Plant Alpine Inc. Kakuda Plant Hypocenter Production Base Taira Plant Onahama Plant 3

From Occurrence of Earthquake to Recovery Priorities of emergency response: 1. Confirming safety of employees & their families 2. Livelihood support for disaster victims 3. Factory recovery 11 Fri 12 Sat 13 Sun 14 Mo 15 Tue 16 We 17 Thu 18 Fri 19 Sat 20 Sun 21 Mo 22 Tue 23 We 24 Thu 25 Fri 26 Sat 27 Sun 28 Mo 29 Tue 30 We Main shock Aftershock Seismic intensity Seismic intensity 5 ー 6+ (Nagaoka City) (Osaki City) Aftershocks continue Aftershock Seismic intensity 5+ (Iwaki City) Aftershocks continue Emergency Response Team start-up Production bases in Miyagi Pref. Confirm extent of damage & recovery start Production bases in Fukushima Pref. (including ALPINE) Confirm extent of damage & recovery start Restoration of information infrastructure Infrastructure is restored Production activity restarts Quick recovery Infrastructure is restored Total production restart 4

From Occurrence of Earthquake to Recovery Accumulation of experience 2003 Miyagiken Sanriku ー minami Earthquake (M7.1) 2004 The Mid Niigata prefecture Earthquake(M6.8) 2007 The Niigataken Chuetsu-oki Earthquake(M6.8) 2008 The Iwate-Miyagi Nairiku Earthquake (M6.2) Earthquake preparedness 1.Risk Mgmt Manual & regular training 2.Implementation of protection measures 3.Relationships with infrastructure manufacturers 4.Cooperative world-wide supply-chain structure Group Company Alps Logistics With the help of Alps Logistics emergency supplies are sent to the affected production bases Preparedness from previous experience and a strong network with stakeholders work to maximum effect Good relation with Construction companies Local governments Quick recovery 5

From Occurrence of Earthquake to Recovery Ireland Czech Germany China Japan Korea Mexico Production Ratio 生産比率 5% 7% Production Base 5% 4% 7% 5% 5% 41% 38% 38% 4% Greater China Greater China Japan 41%Japan America America Korea Europe Korea ASEAN Europe Malaysia ASEAN Flexibility provided by cooperative global complementary production system 6

213 Results of FY2010 Change in Consolidated Sales 85.72 92.85 Avr. Ex-Ratio JPY/USD Change + 57.0 Billion Yen Effect of exchange rate - 27.6 Billion Yen Depreciation of USD against JPY (Bil. Yen) 550.6-10.5 Billion Yen 600.0 500.0 493.6 8.3 44.9 8.6 47.5 ( E. Components -5.2, Audio Equipment -5.3) Depreciation of EUR against JPY - 13.0 Billion Yen ( E. Components -7.1, Audio Equipment -5.9) 400.0 300.0 166.1 198.3 Others Logistics Other currencies - 4.0 Billion Yen ( E. Components -4.0) Excluding exchange rate effect 200.0 Audio Equipment + 84.6 Billion Yen Increase in sales of Electronic 100.0 274.1 296.1 Electronic Components Components +38.3 Billion Yen Increase in sales of Audio Equipment +43.3 Billion Yen 0.0 2009 2010 Increase in sales of Logistics + 2.5 Billion Yen 7

213 Results of FY2010 Change in Operating Income Change + 24.1 Billion Yen (Bil. Yen) 0.0 0.2 1.0% 4.7 0.2 3.4 0.4 5.2% 28.8 3.8 11.1 13.0 2009 2010 0.4 Ratio to the Sales Others Logistics Audio Equipment Electronic Components Note: Data shown is before elimination of consolidated accounts. Effect of exchange rate - 6.1 Billion Yen Depreciation of USD against JPY - 2.3 Billion Yen ( E. Components -1.8, Audio Equipment -0.5) Depreciation of EUR against JPY - 3.3 Billion Yen ( E. Components -1.5, Audio Equipment -1.8) Other Currencies - 0.4 Billion Yen ( E. Components -0.4) Excluding exchange rate effect + 30.2 Billion Yen Increase in Electronic Components Increase in Audio Equipment Increase in Logistics +16.3 Billion Yen +13.2 Billion Yen + 0.5 Billion Yen 8

Results of FY2010 Overview of Electronic Components Segment Breakdown of Sales Change + 21.9 Billion Yen (Billion Yen) 300.0 274.1 296.1 AUTO (112.5 124.9 + 12.4 Billion Yen) Sales of both component products for luxury automobiles and automotive electronics remain steady due to a stable recovery in automobile production volume. 250.0 200.0 112.5 124.9 HM & I (161.6 171.2 + 9.5 Billion Yen) Touch panel sales are rising well in light of more demand for mobile devices such as smartphones. (+6.5 Billion Yen) 150.0 100.0 50.0 0.0 161.6 171.2 2009 2010 AUTO HM&I Increase in sales of new module products for home game consoles. (+14.5 Billion Yen) Decrease in sales of key-boards for notebook PCs due to decrease in demand in the PC market. (- 7.6 Billion Yen) Decrease in sales of TV tuners and communication modules for AV products. (- 4.4 Billion Yen) 9

Results of FY2010 Overview of Electronic Components Segment Change in Operating Income Change + 12.0 Billion Yen (Billion Yen) 4.4% Ratio to the Sales Effect of exchange rate - 3.7 Billion Yen 15.0 10.0 5.0 0.0-5.0-10.0 0.1% 13.0-0.4 2.1 1.8 1.5-5.1 2.6 3.4 3.6 3.2 2009 2010 4Q 3Q 2Q 1Q Depreciation of USD against JPY - 1.8 Billion Yen Depreciation of EUR against JPY - 1.5 Billion Yen Other Currencies - 0.4 Billion Yen Excluding exchange rate effect + 16.3 Billion Yen Increase in Net Sales + 17.2 Billion Yen Production process improvements and a reduction in variable costs are continuing, while fixed costs have slightly increased due to a rise in labor costs. - 0.9 Billion Yen 10

(Reference) Effect of Fluctuation of Exchange Rates Amount Affected to Sales and Operating Income Per 1 < Consolidation Base > Sales: 0.25 Billion Yen/month against USD 0.05 Billion Yen/month against EUR Operating Income: 0.04 Billion Yen/month against USD 0.02 Billion Yen/month against EUR < Electronic Components Segment > Sales: 0.19 Billion Yen/month against USD 0.02 Billion Yen/month against EUR Operating Income: 0.03 Billion Yen/month against USD 0.01 Billion Yen/month against EUR Note: Based on the results of FY2010 11

Forecast of FY2011 Summary FY2011 Forecast FY2010 1 H 2 H Total Results (Unit: Billions of JPY) Difference Electronic Components 140.0 160.0 300.0 296.1 3.9 1.3% (AUTO Division) (58.0) (65.5) (123.5) (124.9) -(1.4) -1.1% (HM&I Division) (82.0) (94.5) (176.5) (171.2) (5.3) 3.1% Audio Equipment 89.0 99.0 188.0 198.3-10.3-5.2% Logistics 22.0 23.3 45.3 47.5-2.2-4.6% Others 4.0 2.7 6.7 8.6-1.9-22.6% Net Sales 255.0 100.0% 285.0 100.0% 540.0 100.0% 550.6 100.0% -10.6-1.9% Electronic Components 5.0 3.6% 10.0 6.3% 15.0 5.0% 13.0 4.4% 2.0 15.7% Audio Equipment 0.0 0.0% 5.0 5.1% 5.0 2.7% 11.1 5.6% -6.1-55.1% Logistics 1.3 5.9% 2.0 8.6% 3.3 7.3% 3.8 8.1% -0.5-14.1% Others 0.2 5.0% 0.5 18.5% 0.7 10.4% 0.4 2.7% 0.3 51.4% Eliminations 0.0 0.0 0.0 0.4-0.4 Operating Income 6.5 2.5% 17.5 6.1% 24.0 4.4% 28.8 5.2% -4.8-16.9% Ordinary Income 5.5 2.2% 16.5 5.8% 22.0 4.1% 23.1 4.2% -1.1-5.1% Net Income 3.0 1.2% 9.0 3.2% 12.0 2.2% 11.1 2.0% 0.9 7.8% F JPY/USD 80.00 80.00 80.00 85.72-5.72 X JPY/EUR 120.00 120.00 120.00 113.12 6.88 12

Forecast of FY2011 Capital Expenditures, Depreciation Expenses and R&D (Billion Yen) 18.4 2.4 4.3 11.9 24.7 25.5 2.0 1.9 6.0 5.4 16.6 18.0 30.2 32.0 28.1 21.2 19.6 18.7 18.0 2.1 20.5 16.2 2.2 2.1 8.3 6.0 7.4 10.7 9.1 11.5 9.6 11.8 14.0 '09 Results '10 Results '11 Forecast '09 Results '10 Results '11 Forecast '09 Results '10 Results '11 Forecast Cap - Ex Depreciation Expenses R & D E. Components Audio Logistics & Others 13

Forecast of FY2011 Overview of Electronic Components Segment Breakdown of Sales Change + 3.9 Billion Yen (Billion Yen) AUTO (124.9 123.5-1.4 Billion Yen) 300.0 296.1 300.0 Sales have seen a downward trend in FY2011-1H due to the impact of the earthquake disaster, but are expected to recover during FY2011-2H. 250.0 200.0 124.9 123.5 HM & I (171.2 176.5 + 5.3 Billion Yen) Touch panel sales are rising well in light of more demand for mobile devices such as smartphones. (+10.0 Billion Yen) 150.0 100.0 171.2 176.5 AUTO While components sales for mobile devices are strong, products for other markets are seeing a general downward trend due to the impact of the earthquake disaster and weak market conditions. 50.0 0.0 HM&I 2010 2011 14

Forecast of FY2011 Overview of Electronic Components Segment Change in Operating Income Change + 2.0 Billion Yen (Billion Yen) 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 4.4% 15.0 13.0 6.1 10.0 6.8 5.0 5.0% 2H 1H Ratio to the Sales Effect of exchange rate - 1.2 Billion Yen Depreciation of USD against JPY - 2.0 Billion Yen Depreciation of JPY against EUR + 0.8 Billion Yen Excluding exchange rate effect + 3.2 Billion Yen Increase in Net Sales + 2.2 Billion Yen Costs decreased due to implementation of structural reforms etc. + 1.0 Billion Yen 0.0 2010 2011 15

Dividend Schedule FY2010 Year end Dividend (27 th Jun., 2011) @10.00JPY FY2011 Interim Dividend (End of Nov., 2011) @10.00JPY The The contents included in in this this presentation are are based based on on currently available information. To To the the extent extent that that statements in in this this presentation do do not not relate relateto to historical or or current current facts, facts, they they constitute forward-looking statements based based on on current current assumptions and and beliefs. beliefs. Alps Alps Electric Electric cannot cannot guarantee the the outcome of of these these forward-looking statements. Finally, Finally, the the information in in this this presentation is is not not subject subject to to inspection by by certified public public accountants. 16

Consolidated financilal results FY2010 (Apr.'10 - Mar.'11) Basic Datas May, 2011 Alps Electric Co., Ltd.

1.Outline 2007 2008 2009 2010 2011 2012(Est) 1st Half Net Sales 7,081 6,926 5,389 4,936 5,506 5,400 2,550 Domestic 1,784 1,942 1,546 1,424 1,427 - - Overseas 5,297 4,984 3,843 3,511 4,079 - - Operating Income 220 198 265 47 288 240 65 Ordinary Income 246 131 233 16 231 220 55 Net Income 49 44 700 5 111 120 30 2.Net Sales (by segments) 2007 2008 2009 2010 2011 Japan 1,784 1,942 1,546 1,424 1,427 United States 1,534 1,412 867 751 937 EU 1,645 1,660 1,449 1,240 1,435 Asia 2,072 1,868 1,494 1,482 1,672 Others 44 43 31 35 33 Total 7,081 6,926 5,389 4,936 5,506 3.Performances (Unit:Yen) 2007 2008 2009 2010 2011 EPS 27.40 24.65 390.93 3.18 62.14 EPS after adjustment 24.84 22.32-2.74 - PBR 1,135.14 1,081.63 620.04 628.85 644.24 ROE 2.4% 2.2% 45.9% 0.5% 9.8% ROA 0.9% 0.8% 16.1% 0.1% 2.7% Equity Ratio 37.1% 39.2% 29.6% 27.4% 27.0% Debt Redemption Years 2.2 1.4 7.0 4.1 4.3 Debt Equity Ratio 51.8% 37.7% 94.0% 103.3% 103.9% Interest Coverage Ratio 31.0 38.0 15.7 18.5 14.8 4.Cash Flow 2007 2008 2009 2010 2011 by Sales operations 1 489 531 150 289 285 by Investments 2 431 150 490 195 209 Free Cash Flow 1+2 57 380 340 94 76 by Finacial operations 129 372 280 121 51 Cash balances 827 791 683 887 984 5.Inventories 2007 2008 2009 2010 2011 Consolidated Amount 773 725 520 481 565 Turnover 8.8 9.2 8.7 9.9 10.5 6.Capital Expenditures, Depreciation Expenses 2007 2008 2009 2010 2011 2012(Est) 1st Half Cap Ex 453 431 422 184 235 255 179 Depreciations 392 377 299 212 187 198 93 (Note) Estimate booked on the basis of order forecast including lease. 7.R & D Expenses 2007 2008 2009 2010 2011 2012(Est) 1st Half Expenses 468 422 403 278 281 320 165 Ratio by Net Sales 6.6% 6.1% 7.5% 5.6% 5.1% 5.9% 6.5% 8.Employees (Unit:Person) 2007 2008 2009 2010 2011 Headcount at the end 36,976 41,224 37,656 36,520 38,547 Consolidated Basic Datas - 1 -

Consolidated Basic datas by segments 1.Net Sales 2007 2008 2009 2010 2011 2012(Est) 1st Half Electronic Components 3,964 3,914 2,919 2,741 2,961 3,000 1,400 AUTO - - - 1,125 1,249 1,235 580 HM&I - - - 1,616 1,712 1,765 820 Components (926) (999) (768) (856) - - - Magnetic devices (526) (126) (-) (-) - - - Communications (542) (561) (446) (333) - - - Peripheral products (997) (1,136) (923) (751) - - - Automotive electronics (971) (1,090) (781) (799) - - - Audio equipment 2,612 2,475 1,932 1,661 1,983 1,880 890 Logistics 449 475 453 220 504 536 537 Others 83 86 67 40 Total 7,081 6,926 5,389 4,936 5,506 5,400 2,550 Ref1: The sales of Magnetic Devices includes in the Components from FY2008. Ref2: We changed the segment informations from FY2009. Ref3: From the beginning of this fiscal year, the "Logistics and others segment" has been split into the "Logistics segment" and "Others" due to the change of reporting segments. 2.Operating Income 2007 2008 2009 2010 2011 2012(Est) 1st Half Electronic Components 52 63 200 3 129 150 50 Audio equipment 101 70 106 2 111 50 0 Logistics 34 38 33 13 64 64 39 Others 2 4 7 2 Eliminations 2 1 2 3 4 0 0 Total 220 198 265 47 288 240 65 3.Order Backlog 2007/3 2008/3 2009/3 2010/3 2011/3 Electronic Components 409 329 234 287 271 Audio equipment 313 304 189 247 222 Logistics - - - - - Others - Total 722 634 423 535 494 4.Inventories 2007/3 2008/3 2009/3 2010/3 2011/3 Electronic Components 478 432 323 297 339 Audio equipment 288 285 190 177 214 Logistics 11 7 6 7 6 Others 0 Eliminations - 0 0 0 0 Total 773 725 520 481 565 Turnover Electronic Components 7.9 8.8 7.9 9.1 9.5 Audio equipment 9.2 8.8 8.3 9.2 10.3 Total 8.8 9.2 8.7 9.9 10.5 5.Capital Expenditures 2007 2008 2009 2010 2011 2012(Est) 1st Half Electronic Components 295 263 294 119 166 180 130 Audio equipment 126 136 101 43 48 54 36 Logistics 20 13 15 8 89 32 30 Others 4 7 4 2 Eliminations 57 1 3 3 0 - - Total 453 431 422 184 235 255 179 6.Depreciation Expenses 2007 2008 2009 2010 2011 2012(Est) 1st Half Electronic Components 272 244 172 107 91 115 55 Audio equipment 93 106 103 83 74 60 27 Logistics 16 17 17 8 27 27 24 Others 5 5 4 2 Eliminations 0 1 0 1 1 - - Total 392 377 299 212 187 198 93 7.Loan Balance 2007 2008 2009 2010 2011 Electronic Components 873 656 975 947 999 Audio equipment 1 2 16 100 54 Logistics 66 193 171 145 164 Others 101 Eliminations - 99 93 48 23 Total 1,053 730 1,044 1,163 1,199 8.R & D Expenses 2007 2008 2009 2010 2011 2012(Est) 1st Half Electronic Components 180 150 138 96 118 140 71 Audio equipment 287 271 263 181 162 180 94 Logistics - - - 0 0 0 0 Others 0 0 0 Total 468 422 403 278 281 320 165 9.Employees (Unit:Person) 2007 2008 2009 2010 2011 Electronic Components 20,381 23,334 21,182 20,633 22,522 Audio equipment 12,456 13,403 11,573 10,913 10,835 Logistics 4,386 4,139 4,487 4,901 4,974 Others 804 Total 36,976 41,224 37,656 36,520 38,547 (Non Consolidated) 5,777 5,759 5,805 5,854 5,600 (Ref.) All figures exclude temporary employees. - 2 -