Komori
Ngk (5333) · FactHigher shipments become a full-year trend due to front-loaded demand ahead of tariff increasesLatest Revisions to earnings forecasts (2026-10-30): "Restated"

Higher demand for automotive products

First written in FY2017-Q3. 16 of 33 entries say "Restated". Latest entry: 2026-10-30.

33entries
10years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2020-Q3RestatedFY2021-Q2 – FY2024-Q32017: 420172018: 420182019: 420192020: 420202021: 320212022: 320222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Solid or Recovering Automotive Demand in the United States and ChinaA theme 8 companies write about · 0 as a headwind · 8 as a tailwind

The whole theme swung hardest in 2018: 2 of 8 companies on the "Worse" side.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-30RestatedRevisions to earnings forecasts

    「エンバイロメント事 業 の自 動 車 関 連 製 品 では、中 国 市 場を始め弱さが見 られるものの、当社製 品需要 は堅 調な推 移を見込む」

    中国市場を始め弱さが見られるとの留保を付しつつ、自動車関連製品の需要は堅調に推移する見通しを示している。
  2. FY2026Higher shipments become a full-year trend due to front-loaded demand ahead of tariff increasesAnnual report

    「Automotive-related product shipments increased as front-loaded demand ahead of tariff rate increases remained firm in the second half, following the first half.」

    Front-loaded demand ahead of tariff rate increases, cited in the previous interim period, remained firm in the second half and was cited as the reason for higher full-year automotive-related product shipments.
  3. FY2026-H1Higher shipments due to front-loaded demand ahead of tariff increasesAnnual report

    「In the Group's Environment business, shipments of automotive-related products increased due to front-loaded demand ahead of tariff rate increases and other factors, while revenue also increased as sales from industrial process construction projects were recognized.」

    Whereas the previous fiscal year cited lower shipments due to slowing automotive demand in China and Southeast Asia and other factors, shipments of automotive-related products increased in the current interim period due to front-loaded demand ahead of tariff rate increases and other factors.
  4. FY2025WorsenedAnnual report

    「Under these conditions, shipments of the Group's automotive-related products declined in the Environment business due to supply chain inventory adjustments accompanying a slowdown in automotive demand in China and Southeast Asia.」

    Shipments shifted from growth driven by the recovery in automotive production in FY2024 to a decline due to slowing demand in China, Southeast Asia and elsewhere and inventory adjustments.
  5. FY2025-H1WorsenedAnnual report

    「Under these conditions, shipments of the Group's automotive-related products declined in the Environment business due to supply chain inventory adjustments accompanying a slowdown in automotive demand in China and Southeast Asia.」

    Shipments shifted from growth driven by the recovery in automotive production and other factors in FY2024 to a decline due to slowing automotive demand in China and Southeast Asia and supply chain inventory adjustments.
  6. FY2024AdvancedAnnual report

    「Automotive-related product shipments increased as automotive production recovered with improvements in the supply shortage of semiconductors and other components, while revenue increased due to the positive effect of the weaker yen.」

    Shipments turned higher from the decline in the previous fiscal year caused by restrictions on economic activity in China and other factors, against the backdrop of a recovery in automotive production and tighter emissions regulations.
  7. FY2024-Q3RestatedAnnual report

    「In the Group's Environment business, shipments of automotive-related products increased, particularly in China, due to the recovery in automotive production against the backdrop of easing semiconductor supply shortages, tighter emissions regulations and other factors.」

    The increase in automotive-related product shipments driven by easing semiconductor supply shortages, a recovery in automotive production and tighter emissions regulations continues.
  8. FY2024-Q2RestatedAnnual report

    「In the Group's Environment business, shipments of automotive-related products increased, particularly in China, due to the recovery in automotive production against the backdrop of easing semiconductor supply shortages, tighter emissions regulations and other factors.」

    The increase in automotive-related product shipments, centered on China and driven by easing semiconductor supply shortages, a recovery in automotive production and tighter emissions regulations, continued in the first half.
  9. FY2024-Q1Higher automotive-related product shipments, led by ChinaAnnual report

    「In the Group's Environment business, shipments of automotive-related products increased, particularly in China, due to the recovery in automotive production against the backdrop of easing semiconductor supply shortages and other factors.」

    Shipments had declined in the previous fiscal year due to restrictions on economic activity in China and lower truck sales, but turned higher against the backdrop of easing semiconductor supply shortages and a recovery in automotive production.
  10. FY2023Automotive-related product shipments flat; revenue up due to weaker yenAnnual report

    「In the Environment business, although restrictions on economic activity in China and other factors had an impact, global passenger vehicle and truck sales were roughly flat, so automotive-related product shipments were at about the same level as in the previous fiscal year.」

    Although restrictions on economic activity in China had an impact, automotive-related product shipments were at about the same level as in the previous fiscal year, and revenue in the Environment business increased due to the weaker yen.
  11. FY2023-Q3RestatedAnnual report

    「In the Group's Environment business, shipments of automotive-related products declined due to restrictions on economic activity in China, lower truck sales and other factors.」

    The decline in automotive-related product shipments due to restrictions on economic activity in China and lower truck sales is cited again from the previous quarter.
  12. FY2023-Q2Continued decline in shipments due to restrictions on economic activity in China and lower truck salesAnnual report

    「Under these conditions, shipments of automotive-related products in the Group's Environment business declined due to restrictions on economic activity in China, lower truck sales and other factors.」

    As in the previous quarter, restrictions on economic activity in China and, additionally, lower truck sales are cited as factors behind the decline in automotive-related product shipments.
  13. FY2023-Q1Lower automotive-related product shipments due to restrictions on economic activity in ChinaAnnual report

    「In the Environment business of the Group, shipments of automotive-related products declined due to restrictions on economic activity in China and other factors.」

    Compared with the most recent update, which cited higher shipments due to the recovery in automotive market conditions, the current update states that shipments of automotive-related products declined due to restrictions on economic activity in China and other factors.
  14. FY2022-Q3RestatedAnnual report

    「In the Ceramics business, shipments of automotive-related products increased substantially as global automotive market conditions recovered.」

    The increase in automotive-related product shipments driven by the recovery in global automotive market conditions continued through the cumulative third quarter.
  15. FY2022-Q2RestatedAnnual report

    「In the Ceramics business, shipments of automotive-related products increased substantially against the backdrop of a recovery in global automotive market conditions.」

    The increase in automotive-related product shipments driven by the recovery in global automotive market conditions continued in the first half. Revenue in the Ceramics business increased 50.1% year on year, while operating profit increased 453.6%.
  16. FY2022-Q1Higher shipments due to recovery in automotive market conditionsAnnual report

    「In the Ceramics business, shipments of automotive-related products increased substantially as global automotive market conditions recovered.」

    The recovery in global automotive market conditions led to a substantial increase in automotive-related product shipments. Revenue in the Ceramics business increased 108.1% year on year to ¥77,729 million, and operating profit was ¥19,160 million.
  17. FY2021Second-half recovery but full-year revenue declineAnnual report

    「Although demand in the global automotive market recovered sharply in the second half, particularly in China, revenue declined because the impact of the drop in unit sales in the first half was substantial.」

    The automotive market recovered, led by China, in the second half, but the first-half decline resulted in lower full-year revenue and operating profit in the Ceramics business.
  18. FY2021-Q2RestatedAnnual report

    「In the Ceramics business, automotive sales and production were beginning to recover, particularly in China, but global passenger vehicle sales declined due to the impact of COVID-19, causing a substantial decrease in automotive-related product shipments.」

    Although sales and production were recovering, particularly in China, the decline in global passenger vehicle sales continued to drive a substantial decrease in automotive-related product shipments.
  19. FY2021-Q1WorsenedAnnual report

    「In the Ceramics business, global passenger vehicle sales declined due to the impact of COVID-19, causing a substantial decrease in shipments of automotive-related products.」

    The decline in global passenger vehicle sales led to a substantial decrease in automotive-related product shipments, and revenue in the Ceramics business fell 42.0% year on year.
  20. FY2020WorsenedAnnual report

    「Although volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles increased as emissions regulations tightened in Europe and China, net sales were roughly unchanged from the previous fiscal year due to lower automotive production and sales and the stronger yen.」

    Although GPF volume increased, growth in the automotive-related business was constrained by lower automotive production and sales and the stronger yen.
  21. FY2020-Q3RestatedAnnual report

    「In the Ceramics business, shipments of catalyst substrates for automotive emissions purification (HONEYCERAM) declined against the backdrop of lower global passenger vehicle sales, while volume of GPFs (gasoline particulate filters) and other products increased as emissions regulations tightened in Europe and China.」

    The change in product mix continues, with HONEYCERAM shipments declining due to lower global passenger vehicle sales and GPF and other product volume increasing as emissions regulations tighten.
  22. FY2020-Q2RestatedAnnual report

    「In the Ceramics business, shipments of catalyst substrates for automotive emissions purification (HONEYCERAM) declined against the backdrop of lower global passenger vehicle sales, while volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles and sensors increased as emissions regulations tightened in Europe and China.」

    The change in product mix is reaffirmed: HONEYCERAM shipments declined as global passenger vehicle sales fell, while GPF and sensor volume increased as emissions regulations tightened.
  23. FY2020-Q1Changes in the product mix due to lower global passenger vehicle salesAnnual report

    「In the Ceramics business, shipments of catalyst substrates for automotive emissions purification (HONEYCERAM) declined against the backdrop of lower global passenger vehicle sales, while volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles and sensors increased as emissions regulations tightened in Europe and China.」

    For automotive-related products, HONEYCERAM shipments declined as global passenger vehicle sales fell, while GPF and sensor volume increased against the backdrop of tighter emissions regulations.
  24. FY2019Changes in the automotive product demand mixAnnual report

    「Automotive-related product shipments declined as passenger vehicle sales in China fell and the diesel share of passenger vehicles in Europe decreased, reducing shipments of catalyst substrates for automotive emissions purification (HONEYCERAM) and SiC DPFs (diesel particulate filters), while sensor and GPF (gasoline particulate filter) volume for gasoline passenger vehicles increased as emissions regulations in Europe tightened.」

    Amid continued expansion in automotive-related demand, diesel-related product shipments are declining while GPF and sensor volume is increasing.
  25. FY2019-Q3RestatedAnnual report

    「In the Ceramics business, shipments of catalyst substrates for automotive emissions purification and SiC DPFs (diesel particulate filters) declined as passenger vehicle sales in China fell and the diesel share of passenger vehicles in Europe decreased, while volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles and sensors increased due to tighter emissions regulations in Europe.」

    The established pattern is reaffirmed: catalyst substrate and SiC DPF shipments decline as passenger vehicle sales in China fall and the diesel share in Europe decreases, while GPF and sensor volume increases as emissions regulations tighten.
  26. FY2019-Q2RestatedAnnual report

    「In the Ceramics business, shipments of SiC DPFs (diesel particulate filters) declined as the diesel share of passenger vehicles in Europe fell, while volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles and sensors increased due to tighter emissions regulations in Europe.」

    The pattern of lower SiC DPF shipments due to the declining diesel share and higher GPF and sensor volume due to tighter emissions regulations continues.
  27. FY2019-Q1Lower diesel demand and higher GPF and sensor volumeAnnual report

    「In the Ceramics business, demand for SiC DPFs (diesel particulate filters) declined as sales of diesel passenger vehicles in Europe slowed, while volume of GPFs (gasoline particulate filters) for gasoline passenger vehicles and sensors increased as emissions regulations in Europe were tightened.」

    For automotive-related products, the decline in demand for diesel passenger vehicles and SiC DPFs in Europe is cited alongside higher GPF and sensor volume driven by tighter emissions regulations.
  28. FY2018RestatedAnnual report

    「Automotive-related product volume increased as higher truck sales in China lifted volume of ceramic catalyst substrates for large vehicles, while sensor volume increased as tighter emissions regulations in Europe and China increased the number of sensors used per vehicle.」

    Automotive-related product volume continues to increase, driven by higher truck sales in China and tighter emissions regulations in Europe and China.
  29. FY2018-Q3RestatedAnnual report

    「In the Ceramics business, volume of ceramic catalyst substrates for large vehicles increased due to higher truck and off-road vehicle sales in the US and Europe, while sensor volume also increased as tighter emissions regulations in Europe and China increased the number of sensors used.」

    Automotive-related product volume continues to increase, with cumulative third-quarter results citing truck and off-road vehicle sales in the US and Europe and tighter emissions regulations in Europe and China as the drivers.
  30. FY2018-Q2RestatedAnnual report

    「In the Ceramics business, volume of ceramic catalyst substrates for large vehicles increased due to higher truck sales in China, while sensor volume also increased as tighter emissions regulations in Europe and China increased the number of sensors used per vehicle.」

    Automotive-related product and sensor volume continues to increase, driven by higher truck sales in China and tighter emissions regulations in Europe and China.
  31. FY2018-Q1RestatedAnnual report

    「In the Ceramics business, automotive-related product volume increased as passenger vehicle sales in Europe and truck sales in China remained firm, despite a slowdown in passenger vehicle sales in China and the US.」

    While passenger vehicle sales in China and the US slowed, passenger vehicle sales in Europe and truck sales in China remained firm, supporting continued growth in automotive-related product volume.
  32. FY2017RestatedAnnual report

    「For automotive products, volumes of ceramic substrates for catalysts, including Honeyceram and large Honeyceram, and NOx sensors increased as passenger vehicle sales remained strong in Europe, while sales in China increased due to tax cuts for small passenger vehicles and truck sales rose as enforcement against overloaded vehicles was tightened.」

    Full-year results confirm an increase in automotive-related product volume driven by vehicle sales in Europe and China.
  33. FY2017-Q3First statedAnnual report

    「In the Ceramics business, demand for automotive products increased as passenger vehicle sales were strong in the U.S. and European markets, while sales in China increased due to tax cuts for small passenger vehicles and truck sales rose as enforcement against overloaded vehicles was tightened.」

    Higher demand for automotive products, driven by passenger vehicle sales in the U.S. and Europe, tax cuts for small passenger vehicles in China and higher truck sales, has been newly reported as an actual result.
Moved together

"Demand fluctuations caused by economic conditions in Japan and overseas" moved the same way as this thread, in the same document, in 2 of its 33 moves.

2222★1234
  1. ★This thread
  2. 1Demand fluctuations caused by economic conditions in Japan and overseas2×
  3. 2Revision of the NGK Group Code of Conduct and establishment of the ESG Committee2×
  4. 3NAS battery cost reduction and demand creation through partnerships2×
  5. 4Impairment of assets used in the Package business2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ngk's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Revisions to earnings forecasts of 2026-10-30: "Restated".
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