Responding to the Contracting Domestic Automotive Market
First written in FY2016. 16 of 37 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-08-05.
Piolax moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 11 of 29 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「Although both production and sales volumes have increased year on year and are recovering gradually, the situation remains difficult due to intensifying competition among Japanese automakers in the Chinese automobile market and the shift toward EVs and progress in electrification, led by Chinese manufacturers.」
The company described a recovery in automobile production and sales volumes while continuing to highlight intensifying competition in the Chinese market and the difficult environment caused by electrification. - FY2026MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions, with both production and sales volumes declining year on year. Other factors included reviews of supply chains and production structures, weak sales of Japanese automakers in the Chinese automotive market, the rapid shift toward EVs, and sluggish growth in the U.S. automotive market.」
The difficult conditions in domestic and overseas automotive markets, including declines in vehicle production and sales, weak sales of Japanese automakers in the Chinese market, and the rapid shift toward EVs, continued to be reflected in the actual business environment. - 2026-05-12MaterialisedEarnings presentation materials
「Although China, India and the medical business recorded higher sales, overall sales declined substantially due to production cuts by major OEMs.」
Production cuts by major OEMs emerged as an actual factor behind the consolidated revenue decline in FY2025. - FY2026-H1MaterialisedAnnual report
「Although production volumes declined year on year, sales volumes increased and the automotive industry is recovering gradually. However, difficult conditions continued, including weak sales of Japanese automakers in the Chinese automotive market.」
The year-on-year decline in automotive production volumes and weak sales of Japanese automakers in the Chinese market continued, indicating that the risk of contraction and volatility in the domestic automotive market is appearing in the actual business environment. At the same time, an increase in sales volumes and a gradual recovery were also reported. - FY2025MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions, with production volumes declining due to production and shipment stoppages resulting from misconduct issues at certain automakers. It was also affected by weak sales of Japanese automakers in the Chinese automotive market and the rapid shift toward EVs.」
The production and shipment stoppages at certain automakers, weak sales of Japanese automakers in the Chinese market, and the rapid shift toward EVs have resulted in an actual deterioration in the automotive production and demand environment. - FY2025-H1MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions, with production volumes declining due to production and shipment stoppages resulting from misconduct issues at certain automakers. It was also affected by weak sales of Japanese automakers in the Chinese automotive market and the rapid shift toward EVs.」
Automotive production volumes actually declined due to production and shipment stoppages resulting from misconduct issues at certain automakers and weak sales of Japanese automakers in the Chinese market. - FY2024-Q3RestatedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as automakers continued to adjust production due to the global semiconductor shortage. It was also affected by weak sales of Japanese OEMs in the Chinese market, material supply issues, higher prices and rising energy costs, including electricity charges. However, as the impact of semiconductor shortages eased, domestic production turned to an increase year on year.」
Although semiconductor shortages, weak sales of Japanese OEMs in the Chinese market, and higher material and energy prices continued, domestic production turned to an increase year on year as the impact of semiconductor shortages eased. - FY2024-Q2RestatedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as automakers continued to adjust production due to the global semiconductor shortage. It was also affected by weak sales of Japanese OEMs in the Chinese market, material supply issues, higher prices and rising energy costs, including electricity charges. However, as the impact of semiconductor shortages gradually eased, domestic production increased year on year.」
Although semiconductor shortages, weak sales of Japanese OEMs in the Chinese market, and higher material and energy prices continued, domestic vehicle production increased year on year as the impact of semiconductor shortages eased. - FY2024-Q1MitigatedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as automakers continued to adjust production due to the global semiconductor shortage. It was also affected by weak sales of Japanese OEMs in the Chinese market, material supply issues, higher prices and rising energy costs, including electricity charges. However, as the impact of semiconductor shortages gradually eased, domestic production increased year on year.」
Although difficult conditions continued due to semiconductor shortages and higher material and energy prices, the impact of semiconductor shortages gradually eased, and domestic vehicle production increased year on year. - FY2023MitigatedAnnual report
「Although the automotive industry remained in difficult conditions as production cuts by automakers continued due to COVID-19 and the global semiconductor shortage, and it continued to be affected by material supply issues, higher prices and increased transportation costs accompanying the economic recovery, conditions gradually recovered from the second half onward, and domestic production turned to an increase year on year.」
Although semiconductor shortages and issues involving material and transportation costs continued, conditions recovered from the second half onward, and domestic vehicle production turned to an increase year on year. - FY2023-Q3MitigatedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as production cuts by automakers continued due to the global semiconductor shortage, in addition to the impact of COVID-19. It was also continuously affected by material supply issues, higher prices and increased transportation costs accompanying the economic recovery. However, as conditions gradually recovered from September onward, domestic production turned to an increase year on year.」
Although semiconductor shortages and issues involving material and transportation costs continued, vehicle production recovered from September onward, and domestic production turned to an increase year on year. - FY2023-Q2MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as production cuts by automakers continued due to the global semiconductor shortage, in addition to the impact of lockdowns and other factors related to COVID-19. It was also affected by material supply issues, higher prices and increased transportation costs. As a result, domestic production also declined year on year.」
The year-on-year decline in domestic vehicle production continued against a backdrop of lockdowns, semiconductor shortages, and issues involving material and transportation costs. - FY2023-Q1MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as production cuts by automakers continued due to the global semiconductor shortage, in addition to the impact of lockdowns and other factors related to COVID-19. It was also affected by material supply issues, higher prices and increased transportation costs accompanying the economic recovery. As a result, domestic production declined year on year.」
Domestic vehicle production actually declined against a backdrop of lockdowns, semiconductor shortages, material supply issues and higher prices, among other factors. - FY2022MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as production cuts by automakers continued due to the global semiconductor shortage, while it continued to be affected by material supply issues, higher prices and increased transportation costs accompanying the economic recovery. As a result, domestic production declined year on year.」
Production cuts by automakers due to semiconductor shortages and other factors continued, and domestic vehicle production also declined year on year. - FY2022-Q3MaterialisedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions as production cuts by automakers continued due to the global semiconductor shortage, while it continued to be affected by material supply issues, higher prices and increased transportation costs accompanying the economic recovery. As a result, domestic production declined year on year.」
Production cuts by automakers due to semiconductor shortages and issues involving material and transportation costs continued, and domestic vehicle production declined year on year. - FY2022-Q2RestatedAnnual report
「The automotive industry, a major customer of our Group, remained in difficult conditions, affected not only by COVID-19 but also by pronounced production cuts by automakers due to the global semiconductor shortage, as well as material supply issues, higher prices and increased transportation costs accompanying the economic recovery. However, as production declines and plant shutdowns caused by lockdowns and other factors such as those seen in the previous fiscal year did not occur this fiscal year, domestic production also increased substantially year on year.」
Although semiconductor shortages and issues involving material and transportation costs remained, production declines and plant shutdowns caused by lockdowns and other factors in the previous year did not occur, and domestic production increased substantially year on year. - FY2022-Q1MitigatedAnnual report
「The automotive industry, a major customer of our Group, was affected by pronounced production cuts by automakers due to the global semiconductor shortage, as well as material supply issues, higher prices and increased transportation costs accompanying the economic recovery. However, as production declines and plant shutdowns caused by lockdowns and other factors such as those seen in the previous fiscal year did not occur this fiscal year, domestic production increased substantially year on year.」
Although semiconductor shortages and other factors had an impact, production declines and plant shutdowns caused by lockdowns and other factors in the previous year did not occur, and domestic vehicle production increased substantially year on year. - FY2021RestatedAnnual report
「Although production and sales have been recovering in China and elsewhere, production declines and plant shutdowns caused by lockdowns and other factors occurred in major overseas markets such as the United States and Europe. In Japan as well, domestic production declined substantially year on year as production declines and inventory adjustments, among other factors, occurred as they did overseas.」
Production declines and plant shutdowns in major overseas markets and a substantial decline in domestic production continued. - FY2021-Q3MaterialisedAnnual report
「Although production and sales have been recovering in China and elsewhere, production declines and plant shutdowns caused by lockdowns and other factors occurred in major overseas markets such as the United States and Europe. In Japan as well, domestic production declined substantially year on year as production declines and inventory adjustments, among other factors, occurred as they did overseas.」
In addition to production declines and plant shutdowns caused by lockdowns and other factors in major overseas markets, substantial production declines due to production adjustments continued in Japan. - FY2021-Q2MaterialisedAnnual report
「Although production and sales have begun to recover in China and elsewhere, production stoppages and plant shutdowns caused by lockdowns and other factors occurred in major overseas markets such as the United States and Europe. In Japan as well, production declined substantially year on year as production stoppages and inventory adjustments, among other factors, occurred as they did overseas.」
The impact of COVID-19 caused domestic vehicle production to decline substantially year on year, while production stoppages and plant shutdowns also occurred in major overseas markets. - FY2021-Q1MaterialisedAnnual report
「Although production and sales have begun to recover in some areas, including China, production stoppages and plant shutdowns caused by lockdowns and other factors occurred in major overseas markets such as the United States and Europe. In Japan as well, production declined year on year substantially as production stoppages and inventory adjustments, among other factors, occurred as they did overseas.」
The impact of COVID-19 caused domestic vehicle production to decline substantially year on year. Production stoppages and plant shutdowns also occurred in major overseas markets. - FY2020MaterialisedAnnual report
「The automotive industry, a major customer of our Group, experienced production cuts in Japan due in part to natural disasters and weak sales resulting from the consumption tax increase compared with the previous year, while production cuts continued overseas, including in North America, Europe and China.」
Production cuts due to natural disasters and weak sales resulting from the consumption tax increase occurred in Japan, while production cuts continued overseas, including in North America, Europe and China. - FY2020-Q3MaterialisedAnnual report
「The automotive industry, a major customer of our Group, experienced production cuts in Japan due in part to natural disasters compared with the previous year, while production cuts continued overseas, including in North America, Europe and China.」
Production cuts occurred in Japan due in part to natural disasters, and the risk of a contraction and volatility in the domestic automotive market is appearing as an actual decline in production. - FY2020-Q2RestatedAnnual report
「Although production cuts continued overseas, particularly in North America, Europe and China, domestic production increased year on year, supported in part by front-loaded demand ahead of the consumption tax increase in Japan.」
It was reported that, while production cuts continued overseas, domestic production increased year on year, supported in part by front-loaded demand ahead of the consumption tax increase. - FY2020-Q1RestatedAnnual report
「Although production cuts continued overseas, particularly in North America, Europe and China, domestic production increased year on year, supported in part by strong kei-car sales in Japan.」
It was reported that, while production cuts continued overseas, domestic production increased year on year, supported in part by strong kei-car sales. - FY2019RestatedAnnual report
「The automotive industry, a major customer of our Group, performed well overseas, mainly in Asia and particularly in the first half, while strong exports in Japan, among other factors, resulted in domestic production increasing year on year.」
It was reported that domestic vehicle production increased year on year, supported in part by strong exports, continuing to indicate an improvement in the situation surrounding the shrinking domestic market. - FY2019-Q3RestatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in Asia. In Japan, strong exports, among other factors, resulted in domestic production increasing year on year.」
It was reported that domestic production increased year on year, supported in part by strong exports, continuing to indicate an improvement in the situation surrounding the risk of a shrinking domestic automotive market. - FY2019-Q2MitigatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in China. In Japan, strong exports, among other factors, resulted in domestic production increasing year on year.」
Domestic vehicle production increased year on year, and the situation surrounding the shrinking domestic market improved. - FY2019-Q1MitigatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in China. In Japan, strong exports, among other factors, resulted in domestic production increasing year on year.」
Domestic production increased year on year, supported in part by strong exports, and the situation surrounding the risk of a shrinking domestic automotive market improved. - FY2018-Q3MitigatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in the United States and China. Although Japan was affected by issues including inspections of completed vehicles conducted by unauthorized personnel, strong exports, mainly supported by the continued trend toward a weaker yen, resulted in domestic production increasing 4.8% year on year to 7.141 million vehicles.」
Domestic vehicle production increased 4.8% year on year, improving the situation surrounding the shrinking domestic market after the decline. The impact of issues including inspections of completed vehicles conducted by unauthorized personnel was also reported. - FY2018-Q2MitigatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in the United States and China. In Japan, strong exports, supported in part by the continued trend toward a weaker yen, resulted in domestic production increasing 5.9% year on year to 4.671 million vehicles.」
Domestic vehicle production increased 5.9% year on year, improving the situation surrounding the shrinking domestic market after the decline. - FY2018-Q1MitigatedAnnual report
「The automotive industry, a major customer of our Group, continued to perform well overseas, particularly in the United States and China. In Japan, strong exports, supported in part by the continued trend toward a weaker yen, resulted in domestic production increasing 9.3% year on year to 2.301 million vehicles.」
Domestic vehicle production increased 9.3% year on year, improving from the decline in domestic production through the previous period. - FY2017MitigatedAnnual report
「In Japan, domestic production increased 1.9% year on year to 9.36 million vehicles, as strong exports, among other factors, offset the impact of the higher tax on kei cars.」
Domestic vehicle production increased 1.9% year on year, improving the situation surrounding the shrinking domestic market after the decline through the previous period. - FY2017-Q3MitigatedAnnual report
「The automotive industry, a major customer of our group, has continued to perform well overseas, particularly in the U.S. and China. Although domestic operations were affected mainly by lower export value resulting from the stronger yen, domestic production increased 0.2% year on year to 6,815 thousand vehicles.」
Domestic production increased 0.2% year on year, a modest turnaround from the declines through the previous quarter. Meanwhile, lower export value resulting from the stronger yen and other factors continued. - FY2017-Q2MaterialisedAnnual report
「The automotive industry, a major customer of our group, has continued to perform well overseas, particularly in the U.S. and China, but domestic production declined 0.8% year on year to 4,411 thousand vehicles, mainly due to lower export value resulting from the stronger yen.」
Domestic automotive production declined 0.8% year on year, and the risk of a shrinking domestic market continues. - FY2017-Q1MaterialisedAnnual report
「The automotive industry has continued to perform well overseas, particularly in the U.S., but domestic production declined 3.0% year on year to 2,105 thousand vehicles, mainly due to lower export value resulting from the stronger yen.」
It is stated that domestic production declined 3.0% year on year in connection with the shrinking domestic automotive market. - FY2016First statedAnnual report
「Our group's core automotive-related business must promptly pursue initiatives addressing challenges including (1) entering rapidly growing emerging markets, (2) expanding sales of components for small and ultra-low-priced vehicles, (3) responding to the shrinking domestic automotive market, and (4) developing components for environmentally friendly vehicles.」
The shrinking domestic automotive market is positioned as one of the challenges facing the automotive-related business.