Ceramics demand risk from automotive demand, emissions regulations, and alternative energy
First written in FY2016. 15 of 29 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-08-04.
Ibiden moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 11 of 29 companies on the "Worse" side.
9 other companies' latest entry also says "Other".
- 2026-08-04OtherEarnings
「Although the automotive exhaust-system components market was affected by disruptions accompanying changes in U.S. tariff policy and by the situation in the Middle East, automobile unit sales are recovering gradually as European and Indian markets remained strong.」
While the effects of changes in U.S. tariff policy and the situation in the Middle East continued, automobile unit sales were described as recovering gradually, supported by the European and Indian markets. - FY2026WorsenedAnnual report
「Growth in global automobile production slowed due to uncertainty over the global economic outlook stemming from changes in U.S. tariff policy, in the automotive exhaust-system components market.」
In addition to the previously cited economic slowdown in China and engine certification issues, uncertainty in the global economy stemming from changes in U.S. tariff policy was reported as a factor behind slower growth in automobile production. - FY2026-H1WorsenedAnnual report
「Growth in global automobile production slowed due to uncertainty over the global economic outlook stemming from changes in U.S. tariff policy, in the automotive exhaust-system components market.」
In addition to the previously cited economic slowdown in China and engine certification issues, uncertainty over the global economic outlook stemming from changes in U.S. tariff policy was identified, and growth in global automobile production was slowing. - FY2025WorsenedAnnual report
「In addition to the economic slowdown in China and the global economic stagnation, the automotive exhaust-system components market was affected by engine certification issues at domestic automakers, slowing the growth of global automobile production.」
In addition to the economic slowdown in China and global economic stagnation, engine certification issues at domestic automakers were identified as a new factor, and slower growth in global automobile production was reported. - FY2025-H1WorsenedAnnual report
「In addition to the economic slowdown in China and the global economic stagnation, the automotive exhaust-system components market was affected by engine certification issues at domestic automakers, slowing the growth of global automobile production.」
In addition to the economic slowdown in China and global economic stagnation, engine certification issues at domestic automakers were identified as a new factor, and slower growth in global automobile production was indicated. Revenue from both DPF and AFP declined year on year due in part to the slowdown in the Chinese economy. - FY2024WorsenedAnnual report
「In the ceramics business, although a temporary reversal of the rapid shift toward electrification in the passenger-car market, particularly in developed countries, is expected to continue for the time being in the DPF and AFP markets, demand for products for internal-combustion engines is expected to decline over the medium to long term.」
While describing a market recovery phase, the company explicitly stated its outlook that demand for products for internal-combustion engines will decline over the medium to long term as passenger cars become electrified. - FY2024-Q2MitigatedAnnual report
「The automotive exhaust-system components market continued to recover from the effects of the global semiconductor shortage and supply-chain disruption originating from COVID-19, and automobile production gradually increased from the previous fiscal year.」
Although the effects of the semiconductor shortage and supply-chain disruption remain, the company explained that the market recovery and increase in automobile production are continuing. - FY2024-Q1MitigatedAnnual report
「The automotive exhaust-system components market continued to recover from the effects of the global semiconductor shortage and supply-chain disruption originating from COVID-19, and automobile production gradually increased from the previous fiscal year.」
The company explained that recovery from the effects of the semiconductor shortage and supply-chain disruption originating from COVID-19 was progressing, and that automobile production was gradually increasing. - FY2023WorsenedAnnual report
「Although the impact of the global semiconductor shortage was recovering, the effects of supply-chain disruption originating from COVID-19 were prolonged, and unstable conditions continued in the automotive exhaust-system components market.」
While describing the impact of the semiconductor shortage as recovering, the company newly emphasized the prolonged supply-chain disruption originating from COVID-19 and explained that unstable conditions continued in the automotive exhaust-system components market. - FY2023-Q3RestatedAnnual report
「In addition to the impact of the global semiconductor shortage, prolonged lockdowns in urban areas of China, the world's largest market for automobile production, resulted in continued difficult conditions in the automotive exhaust-system components market.」
The company reaffirmed its view that the automotive exhaust-system components market remains in difficult conditions due to the global semiconductor shortage and prolonged lockdowns in urban areas of China. - FY2023-Q2WorsenedAnnual report
「Difficult conditions continued in the automotive exhaust-system components market due to the global semiconductor shortage and lockdowns in urban areas of China.」
In addition to the semiconductor shortage, lockdowns in urban areas of China were newly identified, and the company explained that difficult conditions continued in the automotive exhaust-system components market. - FY2022WorsenedAnnual report
「DPF revenue declined from the previous consolidated fiscal year due to a decrease in automobile production caused by the semiconductor shortage and the acceleration of electrification, particularly in passenger cars, amid the global shift toward decarbonization.」
In addition to the semiconductor shortage, the decline in demand for DPFs for passenger cars resulting from the acceleration of decarbonization and electrification was reflected in the full-year revenue decline. However, operating profit increased due in part to a shift in orders toward heavy commercial vehicles. - FY2022-Q3RestatedAnnual report
「The automotive exhaust-system components market slowed sharply in the first half of the previous fiscal year due to the impact of COVID-19 and then began recovering gradually from the summer onward. However, the effects of the global semiconductor shortage have become apparent, and difficult conditions continue.」
Although the automotive market is recovering, the effects of the global semiconductor shortage have become apparent, and difficult conditions continue to surround the exhaust-system components market, the company explained. - FY2022-Q2WorsenedAnnual report
「The automotive exhaust-system components market slowed sharply in the first half of the previous fiscal year due to the impact of COVID-19 and then began recovering gradually from the summer onward. However, the effects of the global semiconductor shortage have now become apparent, resulting in an uncertain outlook.」
Although the automotive market had been recovering, the effects of the global semiconductor shortage became apparent, increasing uncertainty in the exhaust-system components market, the company explained. - FY2022-Q1MitigatedAnnual report
「The automotive exhaust-system components market was affected by the global semiconductor shortage and the declining share of diesel vehicle sales as the shift away from diesel and toward electrification progressed, particularly in Europe. However, supported by the recovery of markets including China, the market recovered significantly compared with the same period of the previous year.」
The risks associated with the semiconductor shortage, the shift away from diesel and toward electrification, and the declining share of diesel vehicles remain, but the exhaust-system components market recovered significantly as markets including China recovered, the company explained. - FY2021WorsenedAnnual report
「In the passenger-car market, the shift away from diesel vehicles and toward electrification is expected to continue, while temporary declines in automotive production due to the global semiconductor shortage pose a potential risk.」
In addition to the existing risks from the declining share of diesel vehicles and the shift to electrification, the company newly identified the risk of a temporary decline in automobile production due to the global semiconductor shortage. - FY2021-Q3MitigatedAnnual report
「The automotive exhaust-system components market remained difficult, with global vehicle sales falling sharply in the first quarter (April-June) and the sales share of diesel vehicles in the European passenger-car market continuing to decline. However, the recovery trend centered on China from the second quarter (July-September) continued in the third quarter (October-December).」
Although global automotive sales continued to decline and the share of diesel vehicles in Europe continued to fall, the recovery trend centered on China continued in the third quarter. - FY2021-Q2MitigatedAnnual report
「The automotive exhaust-system components market remained difficult, with global vehicle sales declining sharply, particularly in the first quarter (April-June), and the sales share of diesel vehicles in the European passenger-car market continuing to fall. However, the market entered a rapid recovery trend centered on China in the second quarter (July-September).」
Although negative global growth in automotive sales and the declining share of diesel vehicles in Europe continued, the company reported a rapid recovery trend centered on China in the second quarter. - FY2021-Q1WorsenedAnnual report
「The automotive exhaust-system components market remained difficult, with global vehicle sales declining sharply and the sales share of diesel vehicles in the European passenger-car market continuing to fall.」
The continued sharp negative growth in global automotive sales and the declining share of diesel vehicles in Europe again indicate a challenging environment for ceramics demand. - FY2020WorsenedAnnual report
「The automotive exhaust-system components market remained difficult, with global vehicle sales declining sharply and the sales share of diesel vehicles in the European passenger-car market continuing to fall. Revenue from the Ceramics business was ¥88,427 million, down 13.7% from the previous fiscal year. The business reported an operating loss of ¥981 million.」
Global automotive sales continued to decline and the share of diesel vehicles in Europe continued to fall, causing the Ceramics business to report lower revenue and turn to an operating loss. - FY2020-Q3WorsenedAnnual report
「As a result, revenue from the Ceramics business was ¥67,369 million, down 12.6% year on year. Operating income from the business was ¥4 million, down 99.9%.」
Against a backdrop of negative global growth in automotive sales, a declining share of diesel vehicles in Europe, and lower sales of stationary denitrification catalysts, the Ceramics business's revenue declined 12.6% and operating income declined 99.9%. - FY2020-Q2WorsenedAnnual report
「As a result, revenue from the Ceramics business was ¥46,268 million, down 11.6% year on year. Operating income from the business was ¥332 million, down 90.2%.」
Against a backdrop of declining automotive sales and a lower share of diesel vehicles in Europe, the Ceramics business reported lower revenue, and the decline in operating income widened from the prior-year period. - FY2020-Q1WorsenedAnnual report
「The automotive exhaust-system components market is in an environment that cannot be viewed optimistically, as global vehicle sales have entered negative growth and the sales share of diesel vehicles in the European passenger-car market continues to decline.」
Global vehicle sales entered negative growth, while the declining share of diesel vehicles in Europe also continued, making the environment surrounding ceramics demand more challenging. - FY2019RestatedAnnual report
「The automotive exhaust-system components market is in a difficult environment, with global vehicle sales sluggish and the sales share of diesel passenger cars declining in the European passenger-car market.」
The company reconfirms the weak automotive market and declining share of diesel vehicles in Europe as annual business-environment risks to ceramics demand. - FY2019-Q3RestatedAnnual report
「The automotive exhaust-system components market remained firm globally in terms of vehicle sales, although signs of a ceiling emerged in China, while the sales share of diesel passenger cars continued to decline in the European passenger-car market. Sales of diesel particulate filters (DPFs) declined year on year, affected by the falling share of diesel passenger cars, particularly in Europe.」
The company continues to report a ceiling in the Chinese automotive market, a decline in the share of diesel passenger cars in Europe, and lower DPF sales. - FY2019-Q2RestatedAnnual report
「Sales of diesel particulate filters (DPFs) declined year on year, affected by the falling share of diesel passenger cars, particularly in Europe.」
The declining share of diesel passenger cars, particularly in Europe, continues to be reflected in lower DPF sales. - FY2019-Q1MaterialisedAnnual report
「Sales of diesel particulate filters (DPFs) declined year on year, affected by the falling share of diesel passenger cars, particularly in Europe.」
The declining share of diesel passenger cars, particularly in Europe, is reflected in lower DPF sales. - FY2017RestatedAnnual report
「In addition, if tighter environmental regulations on automotive exhaust emissions in these key markets are postponed or delayed, or if hybrid vehicles become more widespread than expected or alternative energy sources replacing oil advance, demand for the Group's products is expected to slow, potentially affecting the Group's performance and financial position.」
The risk to ceramics demand from delays in emissions regulations and the adoption of hybrid vehicles and alternative energy is reiterated. - FY2016First statedAnnual report
「If tighter environmental regulations on automotive exhaust emissions in these key markets are postponed or delayed, or if hybrid vehicles become more widespread than expected or alternative energy sources replacing oil advance, demand for the Group's products is expected to slow, potentially affecting the Group's performance and financial position.」
The European and U.S. automotive markets, emissions regulations, and the adoption of hybrid vehicles and alternative energy are cited as factors driving demand fluctuations.