High Dependence on Sales to the Automotive Industry
First written in FY2017. 7 of 23 entries say "Restated". Latest entry: FY2026.
Oiles moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 11 of 20 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026The percentage of automotive-related sales declinedAnnual report
「Automotive-related sales account for 49.6% of the group total.」
The automotive-related sales ratio declined from 50.0% in the previous fiscal year to 49.6%, but still accounts for approximately half of sales. - 2026-05-12RestatedEarnings
「In the automotive bearing equipment business, we will continue product development and investment to address diversifying powertrains and needs while carefully assessing the trend in EV adoption.」
The Company continues to address the automotive market, including EVs, through its automotive bearing equipment business. - FY2025WorsenedAnnual report
「Automotive-related sales account for 50.0% of the group total.」
The automotive-related sales ratio rose from 47.1% in the previous fiscal year to 50.0%, increasing the group's dependence on the automotive industry. - FY2024WorsenedAnnual report
「Automotive-related sales account for 47.1% of the group total.」
The automotive-related sales ratio rose from 46.8% in the previous fiscal year to 47.1%, increasing the group's dependence on the automotive industry. - FY2024-Q2MaterialisedAnnual report
「Although sales to China remained sluggish due to reduced automobile production there, production in Japan, North America and Europe remained firm, resulting in revenue and profit above the same period of the previous year.」
Although reduced automobile production in China actually depressed sales to China, production in Japan, North America and Europe remained firm. - FY2024-Q1MaterialisedAnnual report
「However, segment profit fell below the same period of the previous year due to the suspension of automobile production in China following the renewed spread of infections after the shift away from the zero-COVID policy, as well as the delayed recovery that followed amid the economic slowdown.」
The suspension of automobile production in China and the delayed recovery became actual factors depressing profit in automotive bearing equipment. - FY2023WorsenedAnnual report
「Automotive-related sales account for 46.8% of the group total. The group has maintained relatively stable performance through product advantages, expanded adoption in new applications and global expansion, but CASE, which is transforming the automotive industry itself, entry by businesses outside the automotive manufacturing industry, changes in component mixes associated with shifts in the industry structure, and significant changes in demand trends in the automotive market could affect performance.」
The automotive-related sales ratio rose from 43.3% in the previous fiscal year to 46.8%, and, in addition to CASE, entry by companies from other industries and changes in component mixes have been explicitly identified as factors contributing to dependence risk. - FY2023-Q3MaterialisedAnnual report
「Automotive products saw sales depressed by the lockdown in Shanghai, China, during the first half and reduced automobile production in Europe and the United States. However, sales exceeded the same period of the previous year due to recovering demand in India and the ASEAN region, as well as the impact of the weaker yen.」
Although the lockdown in Shanghai, China, and reduced automobile production in Europe and the United States actually depressed automotive-related sales, sales exceeded the same period of the previous year due to recovering demand in India and ASEAN and the weaker yen. - FY2023-Q2MaterialisedAnnual report
「In overseas markets, lockdowns caused by the renewed spread of COVID-19 in China and reduced automobile production in Europe and the United States exerted downward pressure on sales.」
Lockdowns in China and reduced automobile production in Europe and the United States became actual factors depressing sales in the automotive-related business. - FY2022The automotive-related sales ratio declined, and the company explicitly addressed CASE.Annual report
「Automotive-related sales account for 43.3% of the group total. The group has maintained relatively stable performance through product advantages, expanded adoption in new applications and global expansion, but CASE, which is transforming the automotive industry itself, including Connected, Autonomous/Automated, Shared and Electric, could affect performance.」
Although the automotive-related sales ratio declined, CASE and changes in the industry structure have been specified as new factors contributing to dependence risk. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on sales to the automotive industry. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year. There were also no significant changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on sales to the automotive industry. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on sales to the automotive industry. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on sales to the automotive industry. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year. There were also no significant changes to the business or other risks described in the securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on sales to the automotive industry. - FY2020-Q3The percentage of automotive-related sales declinedAnnual report
「Sales to the automotive industry account for 48.5% of the group total. Significant changes in the automotive industry or automotive market could affect performance going forward.」
The ratio of sales to the automotive industry declined from 48.9% in the previous quarter to 48.5%, but the group continues to identify the risk of dependence on the automotive market. - FY2020-Q2The percentage of automotive-related sales declinedAnnual report
「Sales to the automotive industry account for 48.9% of the group total. Significant changes in the automotive industry or automotive market could affect performance going forward.」
The ratio of sales to the automotive industry declined from 50.0% in the previous fiscal year to 48.9%, but the group continues to identify the risk of dependence on the automotive market. - FY2020-Q1The percentage of automotive-related sales declinedAnnual report
「Sales to the automotive industry account for 46.7% of the group total. Significant changes in the automotive industry or automotive market could affect performance going forward.」
The ratio of sales to the automotive industry declined from 50.0% in the previous fiscal year to 46.7%, but the group continues to identify the risk of dependence on the automotive market. - FY2019The percentage of automotive-related sales declinedAnnual report
「Automotive-related sales account for 50.0% of the group total. The group has maintained relatively stable performance through product advantages, expanded adoption in new applications and global expansion, but significant changes in the automotive industry or automotive market could affect performance going forward.」
The automotive-related sales ratio declined from 52.9% in the previous fiscal year to 50.0%, but the group continues to face the risk of dependence on the automotive market. - FY2019-Q3The percentage of automotive-related sales declinedAnnual report
「Sales to the automotive industry account for 51.7% of the group total. Significant changes in the automotive industry or automotive market could affect performance going forward.」
The ratio of sales to the automotive industry declined from 52.9% in the previous disclosure to 51.7%, but the group continues to identify the risk of dependence on the automotive market. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」
The company states that there have been no material changes in the risk related to high dependence on automotive-related sales. - FY2018The percentage of automotive-related sales declinedAnnual report
「Automotive-related sales account for 52.9% of the group total. The group has maintained relatively stable performance through product advantages, expanded adoption in new applications and global expansion, but significant changes in the automotive industry or automotive market could affect performance going forward.」
The automotive-related sales ratio declined from 53.8% in the previous disclosure to 52.9%, but the group continues to identify the risk of high dependence. - FY2017First statedAnnual report
「Automotive-related sales account for 53.8% of the group total. The group has maintained relatively stable performance through product advantages, expanded adoption in new applications and global expansion, but significant changes in the automotive industry or automotive market could affect performance going forward.」
The group has explicitly identified automotive-related sales accounting for 53.8% of total sales as a risk arising from high dependence on a specific industry for the first time.