Fluctuations in demand for vehicle materials due to weak automobile sales in Japan and overseas
First written in FY2017-Q1. 8 of 27 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026Domestic recovery and changes in regional demandAnnual report
「In domestic operations, orders for car-seat materials recovered from the decline caused by domestic automaker production stoppages in the previous year, resulting in higher revenue and profit. In overseas operations (January–December 2025), sales in the United States declined as a rebound from strong sales of certain products in the previous year. Meanwhile, orders expanded in Mexico with the launch of new vehicle models.」
The changes in demand by region are described: a rebound in domestic orders, a decline from the previous year's level in the United States, and expansion of orders in Mexico with the launch of new vehicle models. - FY2026-H1Domestic rebound and changes in demand by overseas regionAnnual report
「In domestic operations, orders for car-seat materials increased as a rebound from the previous year, when domestic automaker production stoppages had affected the business, but revenue increased and profit declined due to higher research and development expenses and other factors. In overseas operations (January–June 2025), sales in the United States declined as a rebound from the previous year's strong sales of synthetic leather. Meanwhile, orders expanded in Mexico with the launch of new vehicle models, and sales of fabric and synthetic-leather car-seat materials increased in Asia.」
In Japan, orders for car-seat materials increased as a rebound from the previous year's production stoppages, while the United States saw a decline from the previous year's level and orders and sales increased in Mexico and Asia. - FY2025-H1Domestic production stoppages and higher overseas revenue and profit reported togetherAnnual report
「Domestic operations saw a decline in orders due to production stoppages by domestic automakers. In overseas operations (January–June 2024), sales of fabric and synthetic-leather car-seat upholstery and airbags increased in North America and Southeast Asia.」
Orders declined in Japan due to production stoppages by automakers, while sales of car-seat upholstery and airbags increased in North America and Southeast Asia. - FY2024Domestic recovery, higher overseas orders and weak sales in China reported togetherAnnual report
「In the overseas business from January to December 2023, the business was significantly affected by weak sales of Japanese automakers in China, while expenses at SEIREN Hungary Kft. were front-loaded. However, the semiconductor shortage and increases in raw-material prices and transportation costs eased, orders for vehicle seats and airbags increased, and quality-improvement and cost-reduction initiatives at each base proved effective, resulting in higher revenue and higher profit.」
Although weak sales by Japanese automakers in China continued, overseas vehicle materials operations reported higher revenue and profit due to the easing of the semiconductor shortage and other constraints, higher orders for car seats and airbags, and quality improvements. - FY2024-Q3Domestic recovery and continued weak sales in ChinaAnnual report
「Domestic operations recovered as the global semiconductor shortage eased and activity rebounded from the supply chain disruptions caused by the Shanghai lockdown in the previous year. In overseas operations (January–September 2023), the semiconductor shortage and surging raw material prices and transportation costs eased, and orders for car seats and airbags increased, but operations were significantly affected by weak sales of Japanese automakers in China.」
The domestic automotive-related business recovered as supply constraints eased, while weak sales by Japanese automakers in China continued overseas. - FY2024-Q1Domestic recovery and weak sales in China reported togetherAnnual report
「Domestic operations recovered as the global semiconductor shortage eased and activity rebounded from the supply chain disruptions caused by the Shanghai lockdown in the previous year. In overseas operations (January–March 2023), the semiconductor shortage and surging raw material prices and transportation costs eased, and new car-seat business was launched, but operations were significantly affected by weak sales of Japanese automakers in China, resulting in lower revenue and profit.」
The domestic vehicle materials business recovered as market and supply constraints eased, while overseas operations reported lower revenue and profit due to weak sales by Japanese automakers in China. - FY2023-Q3MitigatedAnnual report
「Domestic operations were affected by automobile production cuts caused by the global semiconductor shortage, but revenue increased due to the launch of new business and a recovery in orders from the previous year.」
Although the impact of automobile production cuts due to the semiconductor shortage continued, revenue in the domestic vehicle materials business increased as a result of the launch of new business and a recovery in orders. - FY2023-Q2MaterialisedAnnual report
「Domestic operations reported lower revenue due to the impact of automobile production cuts caused by the global semiconductor shortage and the Shanghai lockdown, despite the launch of new business.」
Automobile production cuts caused by the semiconductor shortage and the Shanghai lockdown actually emerged as lower revenue in the domestic vehicle materials business. - FY2022-Q2RestatedAnnual report
「In domestic operations (April–September 2021), revenue and profit increased year on year, as the recovery from the impact of COVID-19 in April–June outweighed the impact of production cuts caused by the global semiconductor shortage from August onward.」
The automobile market recovered from the impact of the pandemic, resulting in higher revenue and profit, while production cuts caused by the global semiconductor shortage have affected operations since August. - FY2022-Q1Automobile market recovery and semiconductor shortages reported togetherAnnual report
「In domestic operations (April–June 2021), revenue and profit increased year on year, supported by a significant recovery from the impact of COVID-19 in the previous period and the effects of continued expense reductions, despite the impact of production cuts caused by the global semiconductor shortage.」
The recovery in the automotive-related industry and higher revenue and profit are noted, while the impact of production cuts due to the semiconductor shortage has newly become apparent. - FY2021Recovery trend and overseas revenue decline reported togetherAnnual report
「In Japan, domestic operations were affected by a substantial decline in domestic automobile production and sales volumes in the first half, but performed steadily from September onward amid signs of a market recovery.」
The domestic automobile market began to recover from September, while overseas operations reported lower revenue year on year due to a global decline in automobile sales volumes. - FY2021-Q3Recovery trend cited alongside lower sales and lower profitAnnual report
「In the domestic market from April to December 2020, the automobile sales market shifted to a recovery trend from September onward. However, due to the impact of the substantial decline in domestic automobile production and sales volumes during the first half, the Group's domestic business posted lower sales year on year.」
The domestic automobile sales market shifted to a recovery trend from September onward, but the substantial decline in production and sales volumes during the first half resulted in lower sales in the domestic business. - FY2021-Q2MaterialisedAnnual report
「In the domestic market from April to September 2020, automobile production and sales activities were forced to operate under restrictions following the government's declaration of a state of emergency to prevent the spread of COVID-19, and domestic automobile production and sales volumes declined substantially. As a result, the Group's domestic business posted lower sales and lower profit year on year.」
The substantial decline in domestic automobile production and sales volumes materialized as lower sales and lower profit in the domestic vehicle materials business. - FY2021-Q1MaterialisedAnnual report
「Domestic automobile production and sales volumes declined substantially. As a result, the Group's domestic business posted lower sales and lower profit year on year.」
The substantial decline in domestic automobile production and sales volumes resulted in lower sales and lower profit in the domestic vehicle materials business. - FY2020WorsenedAnnual report
「Overseas operations faced generally challenging business conditions due to additional US tariffs resulting from the US-China trade friction and declining automobile unit sales in Asian countries, including China.」
Declining automobile unit sales in Asian countries, including China, were explicitly noted, and the deterioration in overseas demand for vehicle materials broadened. Sales in the vehicle materials business declined 5.5% from the previous fiscal year. - FY2020-Q3RestatedAnnual report
「Domestic new-vehicle sales remained relatively firm, and high-value-added products such as Cuore®, a “new material that surpasses leather,” and Cuore Modure®, a summer-and-winter comfort material, continued to perform steadily. However, the domestic business as a whole reported lower sales and profit year on year due to a higher overseas production ratio, the discontinuation of some vehicle models, and changes in the product mix.」
While domestic new-vehicle sales remain relatively firm, the increase in the overseas production ratio, the discontinuation of some vehicle models, and changes in product mix continue to contribute to lower sales and lower profit in the domestic business. - FY2020-Q2Demand-reduction factors specified in greater detailAnnual report
「The domestic business posted lower sales and lower profit year on year due to factors including the discontinuation of some vehicle models, changes in product mix, and increased overseas production by customers.」
In addition to fluctuations in automobile sales demand, the discontinuation of vehicle models, changes in product mix, and increased overseas production by customers were specified as factors behind lower sales and lower profit in the domestic business. - FY2020-Q1RestatedAnnual report
「In the domestic business, high-value-added products such as Cuore®, a “new material that surpasses leather,” and Cuore Modure®, a summer-and-winter comfort material, performed steadily while new-vehicle sales remained firm. However, sales and profit declined year on year due to changes in the product mix and a higher overseas production ratio.」
Although domestic new-vehicle unit sales remained firm, the domestic vehicle materials business posted lower sales and lower profit due to changes in product mix and an increase in the overseas production ratio. - FY2019MitigatedAnnual report
「In the domestic business, new-vehicle sales remained firm, ... In the overseas business, sales of differentiated products, including Cuore®, remained strong in the US and Chinese markets.」
Domestic new-vehicle sales and sales in the US and Chinese markets were described as firm, weakening the previously cited risk of sluggish automobile sales in the discussion for this fiscal year. Meanwhile, production-related challenges in Mexico continue. - FY2019-Q3RestatedAnnual report
「In the vehicle materials business, in the domestic business, while new-vehicle sales remained steady, high-value-added products that create comfortable vehicle interiors, including Cuore®, a “new material that surpasses leather,” Inodole®, which provides instant deodorization, Erasse®, which provides stain resistance, Cuore Modure®, a summer-and-winter comfort material, and Viscotecs decorative panels performed steadily, resulting in higher sales and profit year on year.」
Domestic new-vehicle unit sales remained firm, and the domestic vehicle materials business posted higher sales and higher profit, helped in part by growth in high-value-added products. - FY2019-Q2MitigatedAnnual report
「In the domestic business, while new-vehicle sales remained steady, high-value-added products that create comfortable vehicle interiors, including Cuore®, a “new material that surpasses leather,” Inodole®, which provides instant deodorization, Erasse®, which provides stain resistance, Cuore Modure®S, a summer-and-winter comfort material, and Viscotecs decorative panels performed steadily, resulting in higher sales and profit year on year.」
Domestic new-vehicle unit sales remained firm, and the domestic vehicle materials business posted higher sales and higher profit, aided in part by growth in high-value-added products. - FY2018-Q3Changes in demand and factors contributing to challenging performanceAnnual report
「In the vehicle materials business, new-vehicle sales remained firm in the domestic business, and high-value-added products that enhance vehicle cabin comfort, including Cuore®, a "new material that surpasses leather," Inodoor®, with instant deodorizing functionality, Erasse®, with stain-resistant functionality, and Cuore Modulet® S, a summer-and-winter comfort material for steering wheels, performed well. The ViscoTex decorative panels also performed steadily. However, the domestic business posted a slight year-on-year decline in profit due to factors including a temporary decrease in airbag orders. In the overseas business, the airbag business in Thailand struggled, but strong automobile unit sales in the US and China and substantial sales growth in differentiated products, including Cuore®, contributed to the overseas business as a whole achieving higher sales and higher profit.」
While domestic new-vehicle sales changed from sluggish to firm, a temporary decline in domestic airbag orders and challenging performance in Thailand's overseas airbag business were cited. Automobile sales in the US and China and growth in differentiated products are supporting the overseas business. - FY2018-Q2RestatedAnnual report
「In the overseas business, Thailand struggled due to lower automobile unit sales, but strong automobile unit sales in the US and China and substantial sales growth in differentiated products, including Cuore®, contributed to the overseas business as a whole achieving higher sales and higher profit.」
While Thailand continues to struggle due to lower automobile unit sales, growth in the US, China and differentiated products is supporting the overseas business. - FY2018-Q1RestatedAnnual report
「In the vehicle materials business, new-vehicle sales remained sluggish in the domestic business, while the overseas business struggled in Thailand due to lower automobile unit sales. However, strong automobile unit sales in the US and China and substantial sales growth in differentiated products, including Cuore®, contributed to the overseas business as a whole achieving higher sales and higher profit.」
While sluggish domestic new-vehicle sales and declining automobile unit sales in Thailand continue, the US, China and growth in differentiated products are supporting the overseas business. - FY2017-Q3RestatedAnnual report
「In the overseas business, sales of automobiles declined in Thailand and Brazil, where conditions were challenging. However, steady automobile sales in the United States and China and strong sales growth of differentiated products, including “Cuore®,” contributed to increases in both revenue and profit for the overseas business as a whole, despite the foreign-exchange impact of yen appreciation.」
While declining automobile unit sales and challenging business conditions in Thailand and Brazil continue, the US and China have provided support. - FY2017-Q2RestatedAnnual report
「In the overseas business, sales of automobiles declined in Thailand and Brazil, where conditions were challenging. However, steady automobile sales in the United States and China and strong sales growth of differentiated products, including “Cuore®,” contributed to increases in both revenue and profit for the overseas business as a whole, despite the foreign-exchange impact of yen appreciation.」
Declining automobile unit sales and challenging business conditions in Thailand and Brazil continue. - FY2017-Q1First statedAnnual report
「In the domestic business, new-vehicle sales remained sluggish, while sales declined in Thailand and Brazil, where vehicle sales volumes fell.」
Weak domestic new-vehicle sales and lower vehicle sales volumes in Thailand and Brazil affected demand and sales in the automotive materials business.