Dependence on the Automotive Industry and Major Customers
First written in FY2016. 13 of 36 entries say "Mitigated", first in FY2017. Latest entry: 2026-08-10.
The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.
38 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedEarnings
「Although production by major customers in the automotive and transportation equipment sectors remained firm, the market structure is changing, with growth in the BEV market slowing while HEV demand remains robust.」
Production by major customers remained firm and HEV demand was robust, while growth in the BEV market slowed and the market structure changed. - FY2026MitigatedAnnual report
「In the secondary aluminum alloy industry, demand remained firm, particularly from our major customers in the automotive and transportation equipment sectors.」
Although its dependence on the automotive and transportation equipment sectors as major customers continued, demand was reported to have remained firm during the fiscal year. - 2026-05-14RestatedEarnings
「In the secondary aluminum alloy industry, demand remained firm, particularly from our major customers in the automotive and transportation equipment sectors.」
The Company reported firm demand from its major automotive and transportation equipment customers. It also noted that the impact of intensifying competition in the EV market and policy and subsidy trends varied by region and vehicle type. - FY2026-H1Domestic recovery alongside weak demand at the Thai subsidiaryAnnual report
「As a result, consolidated revenue increased from the previous interim consolidated accounting period because sales volumes of the Company's products and merchandise increased, particularly in Japan, as the automotive-related market moved toward normalization. Meanwhile, the Thai subsidiary continued to face a difficult environment because demand from its major automotive-related customers remained weak.」
Sales volumes increased in Japan as the automotive-related market moved toward normalization, while demand from major automotive-related customers remained weak at the Thai subsidiary, showing differing impacts from reliance on major customers by region. - FY2025-H1MitigatedAnnual report
「In the domestic automotive-related market, a major source of demand, the production activities of some automakers that had stagnated due to certification irregularities and recall issues have been gradually restarting, and the market is improving toward a growth trajectory led by domestic demand.」
The production activities of some automakers that had stagnated because of certification irregularities and recall issues have gradually restarted, and the report states that the market environment for major customers has improved. - FY2024-Q3Certification application irregularities involving a major customerAnnual report
「The impact on the Company's consolidated performance of additional irregularities in certification applications by Daihatsu Motor Co., Ltd., which came to light at the end of last year, is considered limited at this time.」
Additional irregularities in certification applications involving a major customer were newly reported. The Company assesses their impact on consolidated performance as limited at this time. - FY2024-Q2RestatedAnnual report
「In this economic environment, domestic automotive production in the automotive-related market, a major source of demand, had recovered from the worst phase of production cuts caused by semiconductor and parts shortages and was improving. However, although prices of aluminum scrap, the raw material, remained high, customers continued to adjust inventories and work in progress, and demand for aluminum alloys had not reached a full recovery.」
While domestic automotive production was recovering from its worst phase, customer inventory and work-in-progress adjustments continued, and aluminum alloy demand had not reached a full recovery. There was no material change in the direction of demand-related conditions arising from reliance on major customers compared with the previous quarter. - FY2024-Q1MitigatedAnnual report
「In this economic environment, domestic automotive production was improving as the domestic automotive-related market, a major source of demand, recovered from the worst phase of production cuts caused by semiconductor and parts shortages. However, demand for aluminum alloys had not reached a full recovery because customers required time to work down inventories and work in progress, while exports of parts for overseas production in China and Asia remained sluggish.」
While domestic automotive production was recovering from the worst phase of production cuts caused by semiconductor and parts shortages, aluminum alloy demand had not reached a full recovery because of inventory and work-in-progress adjustments and sluggish exports of parts for overseas production. This indicated some improvement from customer production constraints through the previous period. - FY2023-Q3RestatedAnnual report
「Against this backdrop, the companies affiliated with the automakers that are major customers continued to face a prolonged global semiconductor shortage and difficulty procuring parts, and production continued to decline following revisions to their production plans.」
The report states that the companies affiliated with the automakers that are major customers continued to face a prolonged semiconductor shortage and difficulty procuring parts, and that production declined following revisions to their production plans. Although the nature of the risk factors was substantially unchanged from the previous quarter, the impact continued. - FY2023-Q2WorsenedAnnual report
「Against this backdrop, the companies affiliated with the automakers that are major customers continued to face a prolonged global semiconductor shortage and difficulty procuring parts, and production declined following revisions to their production plans.」
The report states that the companies affiliated with the automakers that are major customers continued to face a prolonged semiconductor shortage and difficulty procuring parts, and that production declined following revisions to their production plans. - FY2023-Q1WorsenedAnnual report
「The companies affiliated with the automakers that are major customers have not recovered from shortages of semiconductors and parts produced overseas due to the impact of COVID-19.」
The report states that the companies affiliated with the automakers that are major customers have not recovered from semiconductor shortages and shortages of parts produced overseas, indicating continued demand-side concerns arising from reliance on major customers. - FY2022MaterialisedAnnual report
「Against this backdrop, the automakers that are major customers were forced to cut production due to the spread of COVID-19, as well as shortages of semiconductors and parts produced overseas.」
The automakers that are major customers were forced to cut production due to COVID-19, semiconductor shortages and shortages of parts produced overseas, causing the risk arising from reliance on major customers to manifest itself in the operating environment during the fiscal year. - FY2022-Q3WorsenedAnnual report
「Against this backdrop, production at the Group remained uneven due to the impact of the spread of COVID-19 among the automakers that are major customers, as well as semiconductor shortages.」
The impact of COVID-19 and semiconductor shortages on the automakers that are major customers was explicitly cited, and production remained uneven. The risk arising from reliance on major customers has continued and become tangible through production constraints at customers. - FY2022-Q2MitigatedAnnual report
「Against this backdrop, although the automakers that are major customers of the Group were affected by COVID-19, production and shipments recovered because their sales volumes exceeded those in the same period of the previous year.」
Sales volumes of the automakers that are major customers exceeded those in the same period of the previous year, and production and shipments entered a recovery trend. The report states that the demand-side impact of reliance on major customers improved from the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「Production and shipments by the automakers that are major customers recovered compared with the previous year.」
Production and shipments by the automakers that are major customers recovered compared with the previous year, indicating improvement from the demand-side impact of operating adjustments through the previous fiscal year. - FY2021MitigatedAnnual report
「Against this backdrop, production and shipments by the automakers that are major customers of the Group recovered compared with the first half.」
Production and shipments by the automakers that are major customers recovered from the first half. Although there were concerns about a decline in production due to the semiconductor shortage, its impact was reported to have remained limited. - FY2021-Q3MitigatedAnnual report
「Against this backdrop, production and shipments by the automakers that are major customers of the Group recovered compared with the first half.」
Production and shipments by the automakers that are major customers recovered from the first half, indicating some improvement from the impact of operating adjustments during the earlier period. However, the decline in sales volumes continued. - FY2021-Q2MaterialisedAnnual report
「Against this backdrop, operating adjustments by the automakers that are major customers resulted in sluggish production and shipments at the Group. As a result, in the Group's consolidated second-quarter sales, lower sales volumes than in the same period of the previous year resulted in revenue of ¥35,715 million from secondary aluminum alloy ingots, down 28.0% year on year, and ¥22,127 million from products, raw materials and other items, down 37.7% year on year. Total revenue from these items was ¥57,843 million, down 32.0% year on year.」
Operating adjustments by the automakers that are major customers led to sluggish production and shipments, while total revenue fell 32.0% year on year. The risk arising from reliance on the automotive industry and major customers has manifested itself as an actual deterioration in performance. - FY2021-Q1MaterialisedAnnual report
「Against this backdrop, the Group's affiliated companies also remained in a difficult situation, while operating adjustments by the automakers that are major customers resulted in sluggish production and shipments.」
Operating adjustments by the automakers that are major customers led to sluggish production and shipments at the Group, showing the risk arising from reliance on the automotive industry and major customers through an actual deterioration in performance. - FY2020MaterialisedAnnual report
「Against this backdrop, demand at the Group remained sluggish because sales volumes of the automakers that are major customers fell slightly year on year.」
Sales volumes of the automakers that are major customers declined slightly year on year, and sluggish demand was explicitly reported for the full fiscal year. - FY2020-Q3MaterialisedAnnual report
「Against this backdrop, demand at the Group remained sluggish because sales volumes of the automakers that are major customers fell slightly year on year.」
The Company reported that sales volumes of the automakers that are major customers declined slightly year on year and that demand at the Group remained sluggish, showing the actual impact of its reliance on the automotive industry and major customers. - FY2020-Q2MitigatedAnnual report
「Although sales volumes to the automakers that are major customers slightly exceeded the previous year, they remained weak due to lower aluminum market prices.」
Sales volumes to the automakers that are major customers slightly exceeded the previous year, indicating some improvement from the weakness in domestic sales volumes through the previous quarter. However, the business overall remained weak due to lower aluminum market prices. - FY2020-Q1MaterialisedAnnual report
「Against this backdrop, the Group's domestic sales volumes to the automakers that are major customers remained stagnant and weak. In the ASEAN region, however, sales volumes of products and other offerings remained firm. Overall, they were on a gradual upward trend.」
The Group explicitly reported stagnant and weak sales volumes to major domestic automakers, indicating that the risk arising from reliance on major customers had again become apparent. - FY2019RestatedAnnual report
「Against this backdrop, supported by firm demand from the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
The Group continued to identify reliance on the automotive industry and major customers as a risk, while reporting firm demand from major customers and firm sales volumes during the fiscal year. - FY2019-Q3RestatedAnnual report
「Against this backdrop, the Group continued to be supported by the recovery trend among the automakers that are major customers, and sales volumes of products and other offerings remained firm.」
The Group continued to report a recovery trend among its major automotive customers and firm product sales volumes, with no material change indicated in the risk arising from reliance on the automotive industry and major customers. - FY2019-Q2RestatedAnnual report
「Against this backdrop, supported by the recovery trend among the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
The Group reported a recovery trend among its major automotive customers and firm product sales volumes, with no material change indicated in the risk arising from reliance on the automotive industry and major customers. - FY2019-Q1RestatedAnnual report
「Against this backdrop, supported by the recovery in demand from the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
The Group continues to report that demand from automakers, its major customers, is recovering and that product sales volumes remained firm. Reliance on the automotive industry and major customers is stated to involve no material change as a risk. - FY2018RestatedAnnual report
「Against this backdrop, supported by the recovery in demand from the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
While reporting a recovery trend among automakers and firm product sales volumes, the Group continues to identify its reliance on the automotive industry and major customers as a risk. - FY2018-Q3MitigatedAnnual report
「Against this backdrop, supported by the recovery in demand from the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
Demand from the automakers that are major customers entered a recovery trend, and sales volumes of products and other offerings also remained firm, indicating continued improvement in demand-related concerns over reliance on major customers. - FY2018-Q2MitigatedAnnual report
「Against this backdrop, supported by the recovery in demand from the automakers that are major customers, the Group's sales volumes of products and other offerings remained firm.」
Demand from the automakers that are major customers entered a recovery trend, and sales volumes of products and other offerings also remained firm, indicating continued improvement in demand-related concerns over reliance on major customers. - FY2018-Q1MitigatedAnnual report
「Against this backdrop, the automakers that are major customers of the Group remained on a recovery trend. At the Group, demand for products and other offerings also improved, and sales volumes remained firm.」
The automakers that are major customers were reported to have entered a recovery trend, while product demand and sales volumes also improved and remained firm, indicating an improvement from the demand slump through the previous fiscal year. - FY2017MitigatedAnnual report
「Although demand from the automakers that are major customers of the Group remained stagnant in Japan, it began to recover in the second half of the fiscal year. At the Group, sales volumes of products from overseas subsidiaries, including those in Japan, recovered more than expected in the third and fourth quarters.」
Although domestic automotive demand remained stagnant, demand and product sales volumes were reported to have begun recovering in the second half of the fiscal year, indicating some improvement from the weakness through the previous quarter. - FY2017-Q3MaterialisedAnnual report
「Against this backdrop, the automakers that are major customers of the Group saw stagnant demand in Japan, which remained on a declining trend. Demand for the Group's products and other offerings also remained somewhat weak.」
The decline in demand from domestic automakers and the weakness in demand for the Company's products continued during the cumulative third-quarter period. - FY2017-Q2MaterialisedAnnual report
「Against this backdrop, the automakers that are major customers of the Group saw stagnant demand in Japan, which remained on a declining trend. Demand for the Group's products and other offerings also remained somewhat weak.」
The decline in demand from domestic automakers, the Group's major customers, and the weakness in product demand also occurred during the cumulative second-quarter period. Revenue from the secondary aluminum alloy business fell 16.4% year on year. - FY2017-Q1MaterialisedAnnual report
「The automakers that are major customers of the Group saw stagnant demand in Japan, which remained on a declining trend. Against this backdrop, demand for the Group's products and other offerings remained somewhat weak.」
The decline in demand from domestic automakers, the Group's major customers, and the weakness in product demand were explicitly reported. Revenue from the secondary aluminum alloy business also fell 14.0% year on year. - FY2016First statedAnnual report
「The Group's customers are concentrated in a limited number of industries, primarily the automotive industry, and certain customers account for a significant proportion of sales. Consequently, changes in economic conditions in those industries, the individual performance of customers, or business relationships arising from customers' internal circumstances may affect the Group's business results and financial position.」
Its sales mix is concentrated in the automotive industry, and its reliance on major customers is a risk.