Risk of Capital Expenditure Delays Due to Slowing EV Demand and the End of Subsidies
First written in FY2025-H1. 2 of 5 entries say "Worsened", first in 2026-05-13. Latest entry: 2026-08-07.
Techno Smart Corp. moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「当社の販売先である電気自動車（ＥＶ）市場においては、需要拡大の鈍化が続いております。」
EV需要拡大の鈍化が継続しているとの認識が再確認された。 - FY2026WorsenedAnnual report
「Although the future commercialization of all-solid-state batteries for automotive applications is expected, the outlook remains uncertain due to the impact of slower growth in the EV market.」
Slower demand in the EV market has affected all-solid-state batteries, and the outlook was described as uncertain while expectations for future commercialization were also presented. - 2026-05-13WorsenedEarnings
「当社の販売先である電気自動車（ＥＶ）市場においては、需要拡大の鈍化が続いております。」
EV需要拡大の鈍化が継続し、市場全体の本格的な回復には時間を要するとの記載も加わった。 - FY2025SoftenedAnnual report
「Demand growth in the electric vehicle (EV) market, our main customer market, continues to slow. However, medium- to long-term EV demand is expected to expand, given the impact of tighter EU environmental regulations and government incentive policies in Europe, such as purchase subsidies and tax incentives, on future EV sales, as well as moves to invest in manufacturing equipment, including the development of production lines and the construction or expansion of plants.」
Although the slowdown in EV demand growth has continued, the disclosure also presented an outlook for medium- to long-term demand growth, supported by environmental regulations and policies in Europe and investment in manufacturing equipment, partially easing the risk wording. - FY2025-H1First statedAnnual report
「Demand growth in the electric vehicle (EV) market, our main customer market, has slowed as purchases by users with strong interest in the latest technologies and environmental issues have leveled off, while moves to end subsidies have been seen in various countries.」
The slowdown in demand growth due to a pause in EV purchases and moves to end subsidies in various countries was presented for the first time as a separate risk, including the resulting postponement and slowdown of capital investment by our customers. At the same time, the disclosure also stated that EV demand is expected to expand over the medium to long term.