Declining Domestic Demand Due to Overseas Production Transfers and Overseas Procurement in the Automotive Industry
First written in FY2016. 14 of 31 entries say "Restated". Latest entry: FY2026.
Sanyu moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2020: 5 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026U.S. tariff policy and other factors identified as drivers of near-term demand fluctuationsAnnual report
「In addition to short-term fluctuations in demand due to US tariff policies and other factors, we believe there has been no change in the trend of automotive-related companies accelerating the transfer of production overseas and increasing overseas procurement of components and steel materials at their domestic and overseas bases. Over the longer term, we are concerned that demand for our Group's products in these industries will contract.」
In addition to the existing risk of domestic demand contracting due to the transfer of production overseas and overseas procurement, short-term demand fluctuations due to US tariff policies and other factors are explicitly identified. - 2026-06-04WorsenedGeneral Meetings of Shareholders
「継続する物価上昇に加え、日中関係の緊張化や米国トランプ政権の関税政策、更には年度末の米国とイスラエルによるイランへの攻撃などの不安定な国際情勢による景気下振れリスクの高まりを受け、依然として厳しい状況が続きました。」
従来記載されていた関税政策による懸念に加え、日中関係の緊張化及び米国・イスラエルによるイランへの攻撃を経済環境上の懸念要因として記載している。 - FY2026-H1WorsenedAnnual report
「In Japan's automotive industry, the major demand area for bright steel bars and cold-heading steel wire, recovery remained weak, partly due to the impact of rare metal shortages resulting from the tariff policies of the US Trump administration. Demand in the construction and industrial machinery industry also continued to be weak.」
For the automotive industry, rare metal shortages and other factors resulting from US tariff policies were added as factors weakening the recovery, while weak demand in the construction and industrial machinery industry also continued. - FY2025-H1WorsenedAnnual report
「In Japan's automotive industry, the major demand area for bright steel bars and cold-heading steel wire, intensified competition in China, weak sales in Southeast Asia and a certification fraud issue left production activity in a situation where a downturn was unavoidable. The construction and industrial machinery industry also remained at a weak level.」
Intensifying competition in China, weak sales in Southeast Asia and the certification fraud issue were identified as new factors weakening the demand environment in the automotive industry. Weakness in the construction and industrial machinery industry also continued. - FY2024RestatedAnnual report
「In addition to short-term fluctuations in demand, we believe there has been no change in the trend of automotive-related companies accelerating the transfer of production overseas and increasing overseas procurement of components and steel materials at their domestic and overseas bases. Over the medium to long term, we are concerned that demand for our Group's products in these industries will contract.」
The contraction in domestic demand due to the transfer of automotive production overseas and overseas procurement has been reaffirmed as a medium- to long-term risk. - FY2024-Q3RestatedAnnual report
「Vehicle production, a major demand area for Japan's bright steel bar and cold-heading steel wire industries, was on a recovery trend as shortages of components, including semiconductors, eased, while demand in other areas, including the construction and industrial machinery and construction industries, continued to be weak.」
Auto production was described as being on a recovery trend as component shortages eased, while weak demand in the construction and industrial machinery and construction industries continued. - FY2024-Q2Automotive recovery alongside weak demand in the construction and industrial machinery and construction industries.Annual report
「Vehicle production, a major demand area for Japan's bright steel bar and cold-heading steel wire industries, was on a recovery trend as shortages of components, including semiconductors, eased, although component inventories were still being adjusted. Demand in other areas, including the construction and industrial machinery and construction industries, continued to be weak.」
Auto production was described as being on a recovery trend as component shortages eased, although component inventory adjustments remained, while demand in the construction and industrial machinery and construction industries continued to be weak. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It states that there have been no material changes to the existing business and other risks, including the risk of domestic demand contracting due to the transfer of automotive production overseas and overseas procurement. - FY2023Consideration of establishing overseas bases added as a response measure.Annual report
「As a Group, we will strengthen our sales capabilities to accurately capture sales to vehicle manufacturers and tied demand from parts vendors, while considering the establishment of overseas bases as necessary.」
As a response to the risk of domestic demand contracting due to the transfer of production overseas and overseas procurement, the company states that it will consider establishing overseas bases as necessary, in addition to strengthening its sales capabilities. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」
It states that there have been no material changes to the existing business and other risks, including the risk of domestic demand contracting due to the transfer of automotive production overseas and overseas procurement. - FY2022RestatedAnnual report
「Over the medium to long term, in the automotive industry, a contraction in domestic demand is unavoidable due to a decline in the purchasing demographic against the backdrop of Japan's declining birthrate and aging population, as well as the transfer of production bases overseas and overseas procurement,」
The decline in domestic demand due to Japan's declining birthrate and aging population, the transfer of production overseas and overseas procurement continues to be described as a medium- to long-term outlook for the operating environment. - FY2022-Q2RestatedAnnual report
「In the automotive industry, the major end-user of Japan's bright steel bar and cold-heading steel wire industries, activity remained generally solid despite weakness caused by the semiconductor shortage. The construction and industrial machinery industry also continued to recover.」
The automotive industry was generally solid despite weakness caused by the semiconductor shortage, while the construction and industrial machinery industry continued to recover, reaffirming the demand recovery described in the previous quarter. - FY2022-Q1Recovery in automotive and construction and industrial machinery demand, with weakness due to the semiconductor shortage.Annual report
「Production activity in the automotive industry, our major end-user, has remained generally solid despite weakness caused by the semiconductor shortage, while the construction and industrial machinery industry has continued to show signs of recovery.」
The automotive industry was described as generally solid despite weakness caused by the semiconductor shortage, while the construction and industrial machinery industry was on a recovery trend, representing a shift from the previous description of weakening demand to a situation that includes recovery. - FY2021-Q3Auto industry activity levels recovered sharply from October.Annual report
「In the automotive industry, the major end-user of Japan's bright steel bar and cold-heading steel wire industries, production activity fell sharply during the first half due to plant shutdowns and production cuts, but activity levels have recovered rapidly since October.」
The description of automotive production activity has changed from a substantial decline in the first half to a rapid recovery in activity levels since October. - FY2021-Q2RestatedAnnual report
「In the automotive industry, the major end-user of Japan's bright steel bar and cold-heading steel wire industries, production activity fell sharply due to plant shutdowns and production cuts. The construction and industrial machinery industry also remained in a difficult situation, as did the automotive industry.」
The automotive industry's production activity continued to fall due to plant shutdowns and production cuts, while the construction and industrial machinery industry also remained in a difficult situation. The previously stated deterioration in the demand environment of major end-users has been reaffirmed. - FY2021-Q1WorsenedAnnual report
「Production activity in the automotive industry, our major end-user, fell sharply due to plant shutdowns and production cuts, while the construction and industrial machinery industry also remains in a difficult situation, as does the automotive industry.」
The automotive industry's production activity fell sharply due to plant shutdowns and production cuts, while the construction and industrial machinery industry was also described as remaining in a difficult situation. - FY2020WorsenedAnnual report
「Over the medium to long term, in the automotive industry, a contraction in domestic demand is unavoidable due to a decline in the purchasing demographic against the backdrop of Japan's declining birthrate and aging population, as well as the transfer of production bases overseas and overseas procurement.」
The contraction in domestic demand due to the transfer of production overseas and overseas procurement is described as an "unavoidable situation," rather than the previous expression of concern. - FY2020-Q3WorsenedAnnual report
「Production activity among major end-users of Japan's bright steel bar and cold-heading steel wire industries remained weak across the board, affected by the factors described above, the consumption tax increase and other factors in the automotive industry, and typhoon damage and other factors in the construction and industrial machinery industry.」
Production activity among major end-users was described as weak across the board, due to the consumption tax increase and other factors in the automotive industry and typhoon damage and other factors in the construction and industrial machinery industry. The demand environment has deteriorated from the previous quarter's description that auto production exceeded the previous year. - FY2020-Q2Auto production exceeds the previous year; construction and industrial machinery remain weak.Annual report
「In the automotive industry, the major end-user of Japan's bright steel bar and cold-heading steel wire industries, domestic production exceeded the previous year, partly due to rush demand ahead of the consumption tax increase, while the construction and industrial machinery industry remained weak.」
Domestic auto production exceeded the previous year, while weakness in the construction and industrial machinery industry continued. The medium- to long-term risk of domestic demand contracting due to the transfer of production overseas and other factors is described in the risk section as having undergone no material change. - FY2020-Q1WorsenedAnnual report
「Although the automotive industry, our major end-user, saw rush demand ahead of the consumption tax increase, overall activity is beginning to stagnate due to inventory adjustments and other factors, as underlying consumer spending remains weak. The construction and industrial machinery industry is also showing increasing signs of stagnation.」
The automotive industry was described as experiencing stagnant production activity due to inventory adjustments and other factors, while the construction and industrial machinery industry was also said to be showing increasing signs of stagnation. A deterioration in the demand environment of major end-users has been added to the description. - FY2019WorsenedAnnual report
「The automotive and construction machinery sectors, the major end-user industries for our Group, face an unavoidable contraction in domestic demand due to the transfer of production overseas and overseas procurement.」
The contraction in domestic demand due to the transfer of production overseas and overseas procurement is described as an "unavoidable situation," rather than the previous expression of "concern." - FY2019-Q3RestatedAnnual report
「In Japan's bright steel bar and cold-heading steel wire industries, production activity in the automotive industry, a major end-user, remained solid.」
It states that production activity in the automotive industry, a major end-user, remained solid. - FY2019-Q2RestatedAnnual report
「In Japan's bright steel bar and cold-heading steel wire industries, production activity in the automotive industry, a major end-user, remained solid.」
It states that production activity in the automotive industry, a major end-user, remained solid. - FY2019-Q1RestatedAnnual report
「In Japan's bright steel bar and cold-heading steel wire industries, production activity in the automotive industry, a major end-user, remained solid.」
It states that production activity in the automotive industry, a major end-user, remained solid. - FY2018-Q3RestatedAnnual report
「In Japan's bright steel bar and cold-heading steel wire industries, production activity in the automotive industry, a major end-user, remained solid from the second half of the previous fiscal year.」
It states that production activity in the automotive industry, a major end-user, has remained solid since the second half of the previous fiscal year. - FY2018-Q2Production activity among major end-users turned solid.Annual report
「In Japan's bright steel bar and cold-heading steel wire industries, production activity in the automotive industry, a major end-user, remained solid from the second half of the previous fiscal year.」
The description has changed from the previously stated sluggish domestic auto sales and weak production activity to a statement that production activity has remained solid since the second half of the previous fiscal year. The medium- to long-term demand risk itself from the transfer of production overseas and other factors is described in the risk section as having undergone no material change. - FY2017WorsenedAnnual report
「In addition to short-term demand fluctuations, we believe that the underlying trends remain unchanged, including the increased relocation of automotive-related companies’ production overseas and greater overseas sourcing of parts and steel materials at their domestic and overseas sites. Over the medium to long term, there are concerns that demand for our group’s products in this industry will decline. In addition, if major changes in overseas economies or exchange rates cause significant fluctuations in activity levels or sourcing policies in the automotive industry, this could affect our group’s results.」
In addition to the contraction in domestic demand caused by the transfer of production overseas and overseas procurement, sharp changes in overseas economies and foreign exchange rates were also identified as contributing factors. - FY2017-Q3RestatedAnnual report
「In Japan’s bright steel and cold-heading wire industries, production activity in the automotive industry, a major source of demand, remained sluggish because it was affected by the Kumamoto Earthquake and weak domestic sales.」
The disclosure states that production activity in the automotive industry, a major source of demand, has remained sluggish due to the Kumamoto Earthquake and weak domestic sales. - FY2017-Q2RestatedAnnual report
「In Japan’s bright steel and cold-heading wire industries, production activity in the automotive industry, a major source of demand, remained sluggish because it was affected by the Kumamoto Earthquake and weak domestic sales.」
The disclosure states that weak domestic sales and sluggish production activity in the automotive industry, a major source of demand, have continued. - FY2017-Q1RestatedAnnual report
「Production activity in the automotive industry, a major source of demand for our group, remained sluggish because domestic sales continued to stagnate and production activity was temporarily suspended following the Kumamoto Earthquake.」
The disclosure states that weak domestic sales in the automotive industry, a major source of demand, have continued. - FY2016First statedAnnual report
「In addition to these short-term demand fluctuations, we believe that the underlying trends remain unchanged, including the increased relocation of automotive-related companies’ production overseas and greater overseas sourcing of parts and steel materials at their domestic and overseas sites.」
The disclosure identifies the structural overseas relocation of production and overseas sourcing by the automotive industry, a major source of demand, as factors reducing demand.