Difficult conditions in the automotive sector due to low domestic vehicle production levels
First written in FY2017-Q1. 5 of 15 entries say "Restated". Latest entry: FY2025-H1.
Kurabo Industries moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「In automotive interior materials, orders at the Chinese subsidiary remained sluggish, but orders in Japan were strong as automobile production recovered and other factors came into play. Revenue increased as the company also made progress in passing higher raw-material prices and labor costs through to prices.」
While the Chinese subsidiary remained sluggish, orders in Japan strengthened as automobile production recovered, partially easing the impact of weak domestic automobile production and component shortages. - FY2024RestatedAnnual report
「In automotive interior materials, soft polyurethane remained sluggish at the Chinese subsidiary, but orders in Japan and at the Brazilian subsidiary were strong as automobile production recovered and other factors came into play, resulting in higher revenue.」
The regional disparity continues to be reported, with orders in Japan and at the Brazilian subsidiary strong as automobile production recovered, while the Chinese subsidiary remained sluggish. - FY2024-Q3MitigatedAnnual report
「In automotive interior materials, soft polyurethane remained sluggish at the Chinese subsidiary, but orders in Japan and at the Brazilian subsidiary were strong as automobile production recovered and other factors came into play, resulting in higher revenue.」
As automobile production recovered, orders in Japan and at the Brazilian subsidiary strengthened, representing a partial improvement from the previously difficult conditions caused by semiconductor shortages and other factors. - FY2023-Q3RestatedAnnual report
「In automotive interior materials, soft polyurethane remained on a recovery trend in Japan and at the Chinese subsidiary despite the impact of semiconductor shortages and supply-chain disruptions caused by the continuation of China's zero-COVID policy. Orders at the Brazilian subsidiary were also strong, resulting in higher revenue overall.」
While semiconductor shortages and supply-chain disruptions caused by China's zero-COVID policy remain, automotive interior materials are on a recovery trend, and orders at the Brazilian subsidiary were also strong, according to the disclosure. - FY2023-Q2MitigatedAnnual report
「In automotive interior materials, soft polyurethane remained on a recovery trend in Japan and at the Chinese subsidiary despite the impact of semiconductor shortages and difficulties procuring components due to the Shanghai lockdown. Orders at the Brazilian subsidiary were also strong, resulting in higher revenue overall.」
Although the effects of semiconductor shortages and difficulties procuring components remain, automotive interior materials are on a recovery trend, and orders at the Brazilian subsidiary were also strong, according to the disclosure. - FY2023-Q1WorsenedAnnual report
「Soft polyurethane remained in a challenging environment in Japan due to automakers' production adjustments affected by semiconductor shortages and difficulties procuring components resulting from the Shanghai lockdown, although」
Even after recovering from the sharp production cuts associated with the spread of COVID-19, the disclosure continued to cite the semiconductor shortage, difficulties procuring components due to the Shanghai lockdown, and automakers' production adjustments. - FY2022Recovery from pandemic-related production cuts; semiconductor shortage continuesAnnual report
「Soft polyurethane was affected by the shortage of automotive semiconductors at automakers, but recovered from the slump in orders associated with the sharp production cuts caused by the spread of COVID-19 in the previous fiscal year.」
The business recovered from automakers' sharp production cuts due to the spread of COVID-19, while the impact of the shortage of automotive semiconductors continues. - FY2022-Q3RestatedAnnual report
「Soft polyurethane was affected by the shortage of automotive semiconductors at automakers, but recovered from the impact of the sharp production cuts caused by the spread of COVID-19 in the previous fiscal year.」
The business recovered from the impact of the sharp production cuts caused by COVID-19, while the impact of the shortage of automotive semiconductors continues to be noted. - FY2022-Q2Recovery from production cuts; semiconductor shortage continuesAnnual report
「Soft polyurethane was affected by the shortage of automotive semiconductors at automakers, but recovered from the impact of the sharp production cuts caused by the spread of COVID-19 in the previous fiscal year.」
The business recovered from the impact of automakers' sharp production cuts due to COVID-19, but the impact of the shortage of automotive semiconductors continues. - FY2022-Q1WorsenedAnnual report
「Soft polyurethane remained firm as it recovered from the impact of automakers' production cuts associated with the spread of COVID-19 and other factors, but it has newly been affected by a shortage of automotive semiconductors.」
The impact of automakers' production cuts had eased, while the impact of a newly reported shortage of automotive semiconductors was noted. - FY2021-Q1ReframedAnnual report
「The automotive sector was affected by factors including automakers suspending operations as COVID-19 spread, resulting in lower orders both in Japan and overseas and lower revenue.」
The way the risk is described has changed from low domestic automobile production volumes to automakers suspending operations and lower orders due to the spread of COVID-19. - FY2017DroppedAnnual report
「In the automotive sector, exports of flexible polyurethane foam for interior materials performed well, and nonwoven fabrics for filters and other applications also performed well.」
In the full-year segment description, the previous reference to low domestic automobile production volumes has been removed, while strong export performance is now noted. - FY2017-Q3RestatedAnnual report
「In the automotive sector, exports of flexible polyurethane foam for interior materials performed well while domestic automobile production remained at a low level, and nonwoven fabrics for filters and other applications also performed well.」
Although low domestic automobile production continues, exports are reported to be performing well. - FY2017-Q2RestatedAnnual report
「In the automotive sector, exports of flexible polyurethane foam for interior materials performed well while domestic automobile production remained at a low level.」
Although low domestic production continues, exports are reported to be performing well. - FY2017-Q1First statedAnnual report
「In the automotive sector, difficult conditions continued for flexible polyurethane foam for interior materials as domestic automobile production remained at a low level.」
Low domestic automobile production is affecting conditions in the automotive-related business.