Industry Restructuring Driven by Next-Generation Vehicles, Autonomous Driving and Entry from Other Industries
First written in FY2018. 4 of 7 entries say "Worsened", first in FY2019. Latest entry: FY2026.
Mitsuchi moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 11 of 29 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Responding to structural changes in automotive parts, including the shift to EVs」
Continues to recognize structural changes in the automotive parts industry, including the shift to EVs, as a growth challenge and identifies the need to address high-value-added products, EV-related parts and new materials technologies. - 2026-07-31RestatedEarnings
「The downward trend in the sales share of Japanese manufacturers continued due to intensifying market competition and other factors.」
The disclosure identifies intensifying competition in the automotive parts industry and the continuing decline in the sales share of Japanese manufacturers as ongoing environmental factors. - FY2025WorsenedAnnual report
「Structural transformation in the automotive parts industry is accelerating further due to electrification, advances in autonomous driving technology and the response to carbon neutrality. Parts manufacturers are increasingly required to develop and supply products with greater precision and strength and lower environmental impact.」
Explains that structural transformation in the automotive parts industry driven by electrification, autonomous driving and carbon neutrality is accelerating further, increasing requirements for product precision, strength and environmental performance. - FY2023WorsenedAnnual report
「The automotive parts industry is being required to respond to substantially changing needs amid the rapid global shift toward EVs.」
In addition to the industry changes driven by CASE and MaaS, explicitly identifies the rapid shift toward EVs and the need to respond to substantial changes in customer needs as a new challenge. - FY2021WorsenedAnnual report
「In the automotive parts industry, one of our Group's major business partners, the major trend toward carbon neutrality, CASE and MaaS is steadily advancing, and suppliers are also being required to respond to the new era.」
In addition to the industry structural changes driven by CASE and MaaS, explicitly identifies the response to carbon neutrality as a major new trend and indicates that suppliers are being required to respond. - FY2019WorsenedAnnual report
「In the automotive parts industry, one of our Group's major customer industries, the rapid advancement of CASE (Connected, Autonomous, Shared/Service, Electric) and MaaS (Mobility as a Service), together with entry by various companies from other industries in Japan and overseas, has brought the automotive industry into a once-in-a-century period of major transformation.」
Presents the previously recognized themes of next-generation vehicles, autonomous driving and entry by companies from other industries as broader and more significant industry structural changes driven by the rapid advancement of CASE and MaaS and a once-in-a-century period of major transformation. - FY2018First statedAnnual report
「In the automotive parts industry, one of our Group's major customer industries, automakers are developing next-generation vehicles, including electric and fuel-cell vehicles, as well as AI-enabled autonomous driving. Various companies from other industries, both in Japan and overseas, are entering the industry, creating an urgent need for dramatic structural transformation.」
Identifies structural transformation in the automotive parts industry driven by the development of electric vehicles, fuel-cell vehicles and autonomous driving, as well as entry by companies from other industries, as a new business-environment challenge.