Continuing Production Shutdowns Due to Quality Issues at Automakers
First written in FY2024-Q2. 1 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2024: 4 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2025Recovery after certification irregularities followed by renewed decline due to a deterioration in the export environmentAnnual report
「Domestic production in the first half of 2025 (January–June) recovered from production cuts caused by shipment suspensions and other measures related to last year's certification irregularities, and production volumes increased year on year. However, since July, the challenging export environment has also affected domestic production, which has continued to decline year on year.」
Although production recovered in the first half from the downturn caused by the certification fraud issue, domestic production again fell below the previous year's level in the second half due to worsening export conditions. - FY2024WorsenedAnnual report
「In the automotive industry closely related to our Group, production remained firm in North America but fell below the previous period's level in Southeast Asia. In Japan as well, production remained sluggish due to the impact of shipment suspensions and production cuts stemming from certification irregularities at some automakers.」
The impact of production stoppages arising from the previous quality issues became more specific in the form of shipment suspensions and production cuts caused by the certification fraud issue. quantified=false, materialized=true. - FY2024-Q2First statedAnnual report
「In the automotive industry, which is closely related to the Group, production began to recover, but the impact of production shutdowns due to quality issues at some manufacturers continues.」
Production shutdowns caused by quality issues at certain automakers and their continuing impact were first identified as a new business-environment risk.