Dependence on sales to the Toyota Group
First written in FY2017. 7 of 17 entries say "Materialised", first in FY2021-Q1. Latest entry: 2026-06-25.
Kyowa Leather Cloth moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 6 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- 2026-06-25RestatedGovernance
「トヨタ自動車株式会社および同社企業グループへの販売額が当社グループ売上高の約 50%となっているため､同社の自動車販売の動向が当社グループの業績に影響を与える可能性があります。」
トヨタ自動車グループへの売上依存度約50％と、自動車販売動向が業績に影響する可能性を継続して記載している。 - FY2026MaterialisedAnnual report
「Mainly due to a decline in orders from the major automotive-manufacturer customer, automotive-application sales were ¥47,823 million, down 2.2% from ¥48,909 million in the previous fiscal year.」
It states that the decline in orders from the major automotive-manufacturer customer became evident for the full fiscal year and that automotive-application sales fell 2.2% year on year. - FY2026-H1MaterialisedAnnual report
「By application, automotive-application sales were ¥21,723 million, down 3.7% from ¥22,548 million in the same period of the previous year, mainly due to a decline in orders from the major automotive-manufacturer customer.」
It states that orders from the major automotive-manufacturer customer actually declined and that automotive-application sales fell 3.7% year on year. - FY2025RestatedAnnual report
「The corporate group primarily sells automotive interior materials to the Toyota Group, which accounted for approximately 50% of its sales in the fiscal year under review.」
The group continues to describe its dependence on the Toyota Group, which accounts for approximately 50% of sales, and the potential impact of automobile production and sales trends on operating performance. - FY2024RestatedAnnual report
「The corporate group primarily sells automotive interior materials to the Toyota Group, which accounted for approximately 50% of its sales in the fiscal year under review. Accordingly, trends in the Toyota Group's automobile production and sales could adversely affect the corporate group's operating results and financial position.」
The annual report also describes the group's dependence on the Toyota Group, which accounts for approximately 50% of sales, and the potential impact of automobile production and sales trends on operating performance. - FY2024-Q3MitigatedAnnual report
「For automotive applications, mainly due to an increase in orders from our major automotive-manufacturer customer as semiconductor supplies normalized, sales were ¥33,768 million, up 18.9% from ¥28,391 million in the same period of the previous year.」
Against the backdrop of normalized semiconductor supplies, orders from the major automotive-manufacturer customer increased and automotive-application sales rose 18.9% year on year. The impact of the major customer's production cuts and order declines has diminished further this time. - FY2024-Q2MitigatedAnnual report
「For automotive applications, mainly due to the recovery in orders from our major automotive-manufacturer customer as semiconductor supplies normalized, sales were ¥20,697 million, up 15.2% from ¥17,961 million in the same period of the previous year.」
It describes a recovery in orders from the major automotive-manufacturer customer against the backdrop of normalized semiconductor supplies, with automotive-application sales up 15.2% year on year. The impact of the major customer's production cuts and order declines that emerged in the previous fiscal year has diminished this time. - FY2023-Q3MaterialisedAnnual report
「For automotive applications, mainly due to a decline in orders from our major automotive-manufacturer customer, sales were ¥28,391 million, down 3.8% from ¥29,527 million in the same period of the previous year.」
It states that orders from the major automotive-manufacturer customer actually declined and that automotive-application sales fell 3.8% year on year. - FY2023-Q2MaterialisedAnnual report
「For automotive applications, mainly due to a decline in orders from our major automotive-manufacturer customer, sales were ¥17,961 million, down 7.8% from ¥19,485 million in the same period of the previous year.」
It states that orders from the major automotive-manufacturer customer actually declined and that automotive-application sales fell 7.8% year on year. - FY2023-Q1MaterialisedAnnual report
「For automotive applications, mainly due to a decline in orders from our major automotive-manufacturer customer, sales were ¥8,867 million, down 14.1% from ¥10,327 million in the same period of the previous year.」
It states that orders from the major automotive-manufacturer customer actually declined and that automotive-application sales fell 14.1% year on year. - FY2022-Q2MitigatedAnnual report
「For automotive applications, mainly due to the recovery in orders from our major automotive-manufacturer customer, sales were ¥19,485 million, up 41.9% from ¥13,728 million in the same period of the previous year」
The recovery in orders from the major automotive-manufacturer customer continued to be reported, and the impact of the major customer's production cuts and order declines that emerged in the previous fiscal year diminished further. - FY2022-Q1MitigatedAnnual report
「For automotive applications, mainly due to the recovery in orders from our major automotive-manufacturer customer, sales were ¥10,327 million, up 98.6% from ¥5,199 million in the same period of the previous year」
It describes a recovery in orders from the major automotive-manufacturer customer, with the impact of the major customer's production cuts and order declines that had emerged in the same period of the previous year diminishing. - FY2021-Q3MitigatedAnnual report
「For automotive applications, orders are showing signs of recovery as automobile production volumes recover, but the impact of lower orders from our major automotive-manufacturer customer in the first quarter remained significant. Sales were ¥24,421 million, down 9.1% from ¥26,864 million in the same period of the previous year.」
The impact of lower orders from the major customer remained, and automotive-application sales declined 9.1% year on year. At the same time, it describes signs of order recovery accompanying the recovery in automobile production volumes and the narrowing of the decline from 22.6% in the cumulative second quarter. - FY2021-Q2MaterialisedAnnual report
「For automotive applications, mainly due to a decline in orders from our major automotive-manufacturer customer, particularly in the first quarter, sales were ¥13,728 million, down 22.6% from ¥17,741 million in the same period of the previous year」
It states that orders from the major automotive-manufacturer customer actually declined and that automotive-application sales fell 22.6% year on year. - FY2021-Q1MaterialisedAnnual report
「For automotive applications, mainly due to reduced production by our major automotive-manufacturer customer, sales were ¥5,199 million, down 41.2% from ¥8,847 million in the same period of the previous year」
It states that reduced production by the major automotive-manufacturer customer actually occurred and that automotive-application sales declined 41.2% year on year. - FY2020RaisedAnnual report
「The corporate group primarily sells automotive interior materials to the Toyota Group, which accounted for approximately 50% of its sales in the fiscal year under review.」
The proportion of sales to the Toyota Group rose from more than 40% previously to approximately 50% in the fiscal year under review, indicating greater dependence on a specific customer. - FY2017First statedAnnual report
「The corporate group primarily sells automotive interior materials to the Toyota Group, which accounted for more than 40% of its consolidated sales in the fiscal year under review. Accordingly, trends in the Toyota Group's automobile production and sales could adversely affect the corporate group's operating results and financial position.」
It quantifies sales to the Toyota Group at more than 40% of consolidated sales and states the possibility that automobile production and sales trends could worsen operating performance.