Changes in the competitive environment driven by technological innovation and the shift of production overseas in the automotive industry

「アジア地域では自動車生産台数減少の影響を受けたものの、好調な北米市場を背景とした国内自動車メーカーの販売増加に伴い、主力製品である吸・遮音材等の販売が増加したことから、当セグメントの売上高は220億４千万円（前年同期比8.9％増）、セグメント利益は15億５千３百万円（前年同期比20.3％増）となりました。」

「Although the impact of weak automobile sales was seen in some parts of Asia, including China, revenue was ¥4,256 million, up 0.6% from the previous fiscal year, as automobile markets in North America and Japan remained firm.」

「Weak sales of Japanese automakers in Asia, including China, reduced sales of the core sound-absorption and sound-insulation materials and affected earnings. Segment sales were ¥20.243 billion, down 0.6% year on year, and segment profit was ¥1.291 billion, down 6.5% year on year.」

「Revenue was ¥4,231 million, down 4.0% from the previous fiscal year, as production volumes at major customers, the automakers, declined both in Japan and overseas, partly due to the impact of sluggish sales against the backdrop of the expanding EV market in China.」

「Sales of the mainstay sound absorption and sound insulation materials declined due to the suspension of production of certain vehicle models by domestic automakers, factory shutdowns caused by typhoons, and sluggish sales in Asia, including China, amid the expansion of the EV market. Segment revenue was ¥20.370 billion, down 3.7% year on year.」

「Compared with the same period of the previous year, when orders and sales declined due to lockdowns in China and other factors, domestic production volumes at the company's major automotive manufacturer customers are now trending toward recovery, although the impact of the semiconductor shortage and other factors remains in some areas. As a result, sales increased substantially, centered on core products such as sound-absorbing and sound-insulating materials and coating materials such as anticorrosion paints, and revenue was ¥10.436 billion, up 24.1% year on year.」

「Compared with the same period of the previous year, when orders and sales declined due to lockdowns in China and other factors, domestic production volumes at the company's major automotive manufacturer customers are now trending toward recovery, although the impact of the semiconductor shortage and other factors remains in some areas. As a result, sales increased substantially, centered on core products such as sound-absorbing and sound-insulating materials and coating materials such as anticorrosion paints, and revenue was ¥10.436 billion, up 24.1% year on year.」

「Although the impact of the global semiconductor shortage and supply constraints remained, sales increased, mainly of sound absorption and sound insulation materials and coatings such as anti-corrosion paints, as production volumes at key automotive customers recovered to a certain extent. Segment revenue was ¥40.157 billion, up 13.4% from the previous fiscal year.」

「Although supply chain disruptions caused by the global semiconductor shortage and lockdowns in China, among other factors, affected production volumes at key automotive customers, demand recovered year on year and segment revenue was ¥29.341 billion, up 14.5%.」

「Although the recovery in production volumes at key automotive customers has been somewhat delayed by supply chain disruptions caused by the global semiconductor shortage and lockdowns in China, among other factors, segment revenue remained firm above the year-earlier period at ¥18.104 billion, up 12.9% year on year.」

「Production volumes at the company's major automotive manufacturer customers have declined due to supply chain disruptions caused by the global semiconductor shortage, lockdowns in Shanghai, China, and other factors, while orders for the company's products, mainly in Japan, remained at low levels.」

「Although uncertainty about the outlook remains, solid customer demand is expected to recover as automotive production volumes increase toward the second half of the fiscal year. At the same time, addressing cost-increasing factors such as higher raw material prices and strengthening and stabilizing the supply chain have become urgent priorities.」

「Although the global semiconductor shortage and the renewed spread of infectious disease remain concerns, segment revenue was ¥25.626 billion, up 9.4% year on year, supported by a degree of demand recovery.」

「Automobile production volumes were below the initial plan due to the global semiconductor shortage and the impact of the spread of COVID-19 in the ASEAN region, among other factors,」

「Although concerns remain over a decline in automotive production volumes due to the semiconductor shortage」

「Although concerns remain over the impact of the semiconductor shortage and other factors, automotive production volumes have recovered and a solid market recovery is expected for the time being. At the same time, addressing cost-increasing factors such as higher raw material prices and strengthening and stabilizing the supply chain with a view to establishing an optimal production system have become urgent priorities.」

「During the third quarter cumulative period, production and sales in the Group's automotive products business recovered from the second quarter cumulative period as demand for new vehicles from the major automotive manufacturers that are its principal customers began to recover.」

「During the cumulative second-quarter period, production and sales volumes in the automotive products-related business declined substantially amid the impact of the spread of COVID-19 and sluggish demand for new vehicles from the automotive manufacturers that are its main customers.」

「Amid sluggish demand for new vehicles from the automotive manufacturers that are the company's main customers due to the spread of COVID-19, production and sales volumes in the automotive products-related business declined substantially.」

「Sales of coating materials such as anticorrosion paints exceeded the previous fiscal year, while sales of sound-absorbing and sound-insulating materials, vibration-damping materials, molds and other products all fell below the previous fiscal year due to sluggish demand across the product market and changes in market structure and product mix.」

「By product category, sales of coating materials such as anticorrosion paints exceeded the same period of the previous year, while sales of sound-absorbing and sound-insulating materials, vibration-damping materials, molds and other products all fell below the same period of the previous year due to sluggish demand across the product market and changes in market structure and product mix.」

「The automotive industry is entering a once-in-a-century period of major transformation. Amid stronger environmental regulations, major trends in autonomous driving, electric vehicles, connected vehicles and sharing are arriving simultaneously, and the competitive environment is undergoing major change.」

「The automotive industry is entering a once-in-a-century period of major transformation. Amid stronger environmental regulations, major trends in autonomous driving, electric vehicles, connected vehicles and sharing are arriving simultaneously, and the competitive environment is undergoing major change. In addition, because of the structural problem of low growth in the Japanese economy, domestic automotive production is not expected to increase, while the shift of automotive production to emerging countries such as China is accelerating.」