Lower Powder-Metallurgy Demand Due to Weakness in the Domestic Auto Market and Vehicle Fuel-Economy Scandals
First written in FY2017-Q2. 19 of 34 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-08-06.
Nihon Seiko moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 3 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 71 tonnes, or 5.2%, year on year to 1,296 tonnes, as sales to the automotive-parts market remained weak.」
Weak demand from the automotive-parts market caused full-year sales volume for powder metallurgy to decline 5.2% year on year. - FY2026-H1WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 131 tonnes, or 17.5%, year on year to 618 tonnes, as sales to the automotive-parts market remained weak.」
Weak demand from the automotive-parts market caused sales volume for powder metallurgy to decline 17.5% year on year. - FY2025-H1MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 196 tonnes, or 35.4%, year on year to 749 tonnes, as sales to the automotive-parts market remained solid.」
Sales to the automotive-parts market remained solid, and sales volume for powder metallurgy increased 35.4% year on year, reducing the risk of weaker demand. - FY2024MitigatedAnnual report
「Production in the automotive sector recovered and inventory adjustments came to an end, but sales volume of metal powder for powder metallurgy decreased by 17 tonnes, or 1.3%, year on year to 1,273 tonnes.」
Production in the automotive sector recovered and inventory adjustments came to an end, narrowing the decline in sales volume from 4.3% in the previous quarter to 1.3% for the full year. - FY2024-Q3MitigatedAnnual report
「Although production in the automotive sector recovered, sales volume of metal powder for powder metallurgy decreased by 41 tonnes, or 4.3%, year on year to 929 tonnes, continuing to be affected by inventory adjustments.」
Production in the automotive sector recovered, and the decline in sales volume for powder metallurgy narrowed from 18.4% in the previous quarter to 4.3%. - FY2024-Q2MitigatedAnnual report
「Although production in the automotive sector recovered, sales volume of metal powder for powder metallurgy decreased by 125 tonnes, or 18.4%, year on year to 554 tonnes, continuing to be affected by inventory adjustments.」
Production in the automotive sector recovered, and the decline in sales volume for powder metallurgy narrowed from 36.5% in the previous quarter to 18.4%. - FY2024-Q1WorsenedAnnual report
「Although production in the automotive sector began to recover, sales volume of metal powder for powder metallurgy decreased by 134 tonnes, or 36.5%, year on year to 233 tonnes, continuing to be affected by inventory adjustments.」
Although production in the automotive sector began to recover, the decline in sales volume for powder metallurgy reached 36.5% year on year due to the impact of inventory adjustments, widening from 25.4% in the previous quarter. - FY2023-Q3WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 330 tonnes, or 25.4%, year on year to 971 tonnes, due to the impact of production adjustments in the automotive sector.」
Production adjustments in the automotive sector caused sales volume to decline 25.4% year on year, widening the decline from 23.8% in the previous quarter. - FY2023-Q2WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 212 tonnes, or 23.8%, year on year to 678 tonnes, due to the impact of production adjustments in the automotive sector.」
Production adjustments in the automotive sector caused sales volume for powder metallurgy to decline 23.8% year on year, reversing the recovery seen in the previous fiscal year. - FY2022MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 208 tonnes, or 13.8%, year on year to 1,721 tonnes, as demand from the automotive-parts market and other markets remained solid.」
Demand from the automotive-parts market and other markets remained solid, and full-year sales volume for powder metallurgy increased 13.8% year on year. - FY2022-Q3MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 291 tonnes, or 28.8%, year on year to 1,301 tonnes, as demand from the automotive-parts market and other markets remained solid.」
Demand from the automotive-parts market and other markets remained solid, and sales volume for powder metallurgy increased 28.8% year on year, reducing the risk of weaker demand. - FY2022-Q2MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 311 tonnes, or 53.6%, year on year to 891 tonnes, as demand from the automotive-parts market and other markets remained solid.」
Demand from the automotive-parts market and other markets remained solid, and sales volume for powder metallurgy increased 53.6% year on year, reducing the risk of weaker demand. - FY2022-Q1MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 175 tonnes, or 57.9%, year on year to 476 tonnes, as demand from the automotive-parts market remained solid.」
Demand from the automotive-parts market remained solid, and sales volume for powder metallurgy increased 57.9% year on year, reducing the risk of weaker demand. - FY2021MitigatedAnnual report
「Although demand from the automotive-parts market, its main application, began to recover in the third quarter, sales volume decreased by 58 tonnes, or 3.7%, year on year to 1,513 tonnes, due largely to the impact of lower orders through the second quarter.」
Demand from the automotive-parts market began to recover, and the decline in full-year sales volume narrowed from 15.2% in the previous fiscal year to 3.7%. - FY2021-Q3MitigatedAnnual report
「Although demand from the automotive-parts market, its main application, began to recover in the third quarter, sales volume decreased by 168 tonnes, or 14.3%, year on year to 1,010 tonnes, due largely to the impact of lower orders through the second quarter.」
Demand from the automotive-parts market began to recover in the third quarter, and the decline in cumulative sales volume narrowed from 24.5% in the second quarter to 14.3%. - FY2021-Q2WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 189 tonnes, or 24.5%, year on year to 580 tonnes, as demand declined because automotive parts account for a large share of its applications.」
Sales volume for powder metallurgy declined 24.5% year on year due to weaker demand from the automotive-parts market. The decline widened from 16.8% in the first quarter. - FY2021-Q1MitigatedAnnual report
「Sales of metal powder for powder metallurgy decreased by 61 tonnes, or 16.8%, year on year to 301 tonnes, as demand declined because automotive parts account for a large share of its applications.」
Demand from the automotive-parts market declined due to COVID-19 and other factors, but the year-on-year decline in sales volume narrowed from 20.0% in the first quarter of the previous fiscal year to 16.8%. - FY2020WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 282 tonnes, or 15.2%, year on year to 1,570 tonnes, as sales to the automotive-parts market and other markets remained weak.」
Weak demand from the automotive-parts market and other markets persisted, and full-year sales volume for powder metallurgy declined 15.2% year on year. - FY2020-Q3WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 297 tonnes, or 20.1%, year on year to 1,179 tonnes, as sales to the automotive-parts and home-appliance-parts markets remained weak.」
Sales to the automotive-parts and home-appliance-parts markets remained weak, and sales volume for powder metallurgy declined 20.1% year on year. - FY2020-Q2WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 184 tonnes, or 19.3%, year on year to 769 tonnes, as sales to the automotive-parts and home-appliance-parts markets remained weak.」
Sales to the automotive-parts and home-appliance-parts markets remained weak, and sales volume for powder metallurgy declined 19.3% year on year. The decline widened from the 0.6% year-on-year decrease in the previous quarter. - FY2020-Q1WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 91 tonnes, or 20.0%, year on year to 363 tonnes, as sales to the automotive-parts and home-appliance-parts markets remained weak.」
Sales to the automotive-parts and home-appliance-parts markets remained weak, and sales volume for powder metallurgy declined 20.0% year on year. - FY2019WorsenedAnnual report
「Sales of metal powder for powder metallurgy decreased by 93 tonnes, or 4.8%, year on year to 1,852 tonnes, as demand from the automotive-parts and home-appliance-parts markets fell sharply in the fourth quarter due to the slowdown in the Chinese economy and other factors.」
Demand from the automotive-parts and home-appliance-parts markets fell sharply in the fourth quarter amid the slowdown in the Chinese economy and other factors, causing full-year sales volume to decline 4.8% year on year. - FY2019-Q3MitigatedAnnual report
「Sales of metal powder for powder metallurgy increased by 23 tonnes, or 1.6%, year on year to 1,475 tonnes, as sales to the automotive-parts and home-appliance-parts markets remained solid.」
Sales to the automotive-parts and home-appliance-parts markets remained solid, and sales volume for powder metallurgy increased 1.6% year on year, reducing the risk of weaker demand. - FY2019-Q2MitigatedAnnual report
「For metal powders used in powder metallurgy, sales volume decreased by 6 tons, or 0.6%, year on year to 952 tons due to production adjustments by certain customers.」
Sales volume continues to decline due to production adjustments by certain customers, but the decline narrowed from 3.1% year on year in the previous quarter to 0.6%. - FY2019-Q1WorsenedAnnual report
「For metal powders used in powder metallurgy, sales volume decreased by 15 tons, or 3.1%, year on year to 453 tons due to production adjustments by certain customers.」
Powder metallurgy sales decreased by 3.1% year on year due to production adjustments by certain customers, and the risk of declining demand for automobile parts and other applications has re-emerged. - FY2018MitigatedAnnual report
「For metal powders used in powder metallurgy, sales to automobile-parts and home-appliance-parts customers remained firm, and sales volume increased by 222 tons, or 12.9%, year on year to 1,945 tons.」
Sales to automobile-parts and home-appliance-parts customers remained firm, and powder metallurgy sales volume increased by 12.9% year on year, reducing the risk of declining demand. - FY2018-Q3MitigatedAnnual report
「For metal powders used in powder metallurgy, sales to automobile-parts and home-appliance-parts customers remained firm, and sales volume increased by 205 tons, or 16.4%, year on year to 1,452 tons.」
Sales to automobile-parts and home-appliance-parts customers remained firm, and powder metallurgy sales volume increased by 205 tons, or 16.4%, year on year, reducing the risk of declining demand. - FY2018-Q2MitigatedAnnual report
「For metal powders used in powder metallurgy, sales to automobile-parts customers remained strong, and sales volume increased by 142 tons, or 17.4%, year on year to 958 tons.」
Sales to automobile-parts customers remained strong, and powder metallurgy sales volume increased by 142 tons, or 17.4%, year on year, reducing the risk of declining demand. - FY2018-Q1MitigatedAnnual report
「For metal powders used in powder metallurgy, sales to automobile-parts customers remained strong, and sales volume increased by 54 tons, or 13.1%, year on year to 468 tons.」
Sales to automobile-parts customers remained strong, and sales volume increased by 54 tons, or 13.1%, year on year, reducing the risk of declining automobile-related demand during the quarter. - FY2017ReframedAnnual report
「For metal powders used in powder metallurgy, sales to the main application, automobile parts, remained strong, but demand declined due in part to the Kumamoto earthquake and other factors. Sales volume decreased by 43 tons, or 2.5%, year on year to 1,723 tons.」
The description has shifted from one centered on the weak domestic automobile market and fuel-economy fraud issues to one stating that automobile-parts demand was strong while demand declined due to the Kumamoto earthquake and other factors. - FY2017-Q3RestatedAnnual report
「For metal powders used in powder metallurgy, demand for the main application, automobile parts, remained weak due in part to domestic new-vehicle sales falling below 5 million units. Sales volume decreased by 95 tons, or 7.1%, year on year to 1,248 tons.」
Demand for automobile parts remained weak due in part to domestic new-vehicle sales falling below 5 million units, with sales volume down 7.1% year on year. - FY2017-Q2First statedAnnual report
「For metal powders used in powder metallurgy, demand for the principal application, automotive parts, remained weak due in part to domestic new-vehicle sales falling below 5 million units and the impact of vehicle fuel-efficiency scandals. Sales volume declined by 87 tonnes, or 9.7%, year on year, to 816 tonnes.」
Demand for powder metallurgy products used in automotive parts weakened as a result of domestic new-vehicle sales falling below 5 million units and vehicle fuel-efficiency scandals, leading to an actual decline in sales volume.