Dependence on specific suppliers
First written in FY2016. 7 of 15 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2025-H1.
Seiko moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 20 of 63 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「SUBARU new-vehicle sales could not recover from the impact of shipment delays by the manufacturer at the beginning of the period, and vehicle deliveries and sales remained sluggish.」
Supply risk associated with dependence on a specific supplier and automaker has materialized as sluggish new-vehicle deliveries and sales through shipment delays by the manufacturer at the beginning of the period. - FY2024MaterialisedAnnual report
「SUBARU new-vehicle sales were supported by the new Crosstrek, and sales of registered vehicles remained firm. However, new-vehicle sales volumes declined and fell below the level recorded in the same period of the previous year due to the impact of shipment suspensions for OEM models.」
Shipment suspensions for OEM models attributable to a specific supplier and automaker actually affected new-vehicle sales volumes through a decline. - FY2024-Q2MitigatedAnnual report
「The constraints on vehicle supply affecting some models are gradually easing.」
The company states that constraints on vehicle supplies from major automakers and others are gradually easing for some models. - FY2024-Q1MaterialisedAnnual report
「However, as with other manufacturers, delays in the supply of new vehicles have not been resolved, and the outlook remains uncertain.」
Supply delays involving major suppliers and automakers have not been resolved and continue to be a source of uncertainty for new-vehicle sales. - FY2023ReframedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation and 倉敷化工株式会社, while the vehicle-related business mainly sources products from SUBARU, Volvo Car Japan, Porsche Japan, BYD Auto Japan and Sumitomo Rubber Industries,Ltd.」
While continuing to disclose the risk of dependence on specific suppliers, the company newly identifies BYD Auto Japan as a major supplier to the vehicle-related business. - FY2023-Q3MaterialisedAnnual report
「New-vehicle sales struggled in the first quarter of the consolidated fiscal year due to shipment suspensions following engine defects at the manufacturer and recalls of new EV models, but recovered from the second quarter onward after shipments resumed.」
Engine defects attributable to major suppliers and automakers, as well as recalls of new EV models, actually affected new-vehicle sales. - FY2022RestatedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation and 倉敷化工株式会社, while the vehicle-related business mainly sources products from SUBARU, Volvo Car Japan, Porsche Japan and Sumitomo Rubber Industries,Ltd.」
The company continues to disclose its dependence on specific suppliers, including Mitsubishi Electric Corporation, 倉敷化工株式会社 and SUBARU, and the risk of an impact on performance from changes in supply and product strategy. - FY2021ReframedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation, while the vehicle-related business mainly sources products from SUBARU, Volvo Car Japan, Porsche Japan, 倉敷化工株式会社 and Sumitomo Rubber Industries,Ltd.」
While continuing to disclose its dependence on specific suppliers, the company newly identifies 倉敷化工株式会社 as a supplier to the vehicle-related business. - FY2020ReframedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation, while the vehicle-related business mainly sources products from SUBARU, Volvo Car Japan, Porsche Japan, and Sumitomo Rubber Industries,Ltd.」
While continuing to disclose the risk of dependence on specific suppliers, the company specifically identifies Volvo Car Japan and Porsche Japan as suppliers to the vehicle-related business. - FY2019-Q3MaterialisedAnnual report
「In the vehicle-related business, performance fell below the level recorded in the same period of the previous year, mainly in new-vehicle sales, because the company was between launches of new SUBARU models and was also affected by the announcement of inappropriate practices involving final vehicle inspections and other matters.」
Inappropriate practices involving final vehicle inspections and other matters at specific supplier SUBARU continue to affect performance, as reflected in new-vehicle sales falling below the level recorded in the same period of the previous year. - FY2019-Q2MaterialisedAnnual report
「New-vehicle sales declined and fell below the level recorded in the same period of the previous year because the company was between launches of new SUBARU models and was also affected by the announcement of inappropriate practices involving final vehicle inspections and other matters.」
Inappropriate practices involving final vehicle inspections and other matters at specific supplier SUBARU continue to affect actual performance through lower new-vehicle sales volumes. - FY2019-Q1MaterialisedAnnual report
「New-vehicle sales fell below the level recorded in the same period of the previous year, partly because inappropriate practices involving final vehicle inspections and other matters were announced by SUBARU.」
The company states that inappropriate practices involving final vehicle inspections and other matters at specific supplier SUBARU affected new-vehicle sales, and that the impact of dependence on suppliers has materialized. - FY2018RestatedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation, while the vehicle-related business mainly sources products from SUBARU and Sumitomo Rubber Industries,Ltd.」
The company continues to disclose the risk of dependence on specific suppliers for product supply, product strategy and competitiveness. - FY2017RestatedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation, while the vehicle-related business mainly sources products from SUBARU and Sumitomo Rubber Industries,Ltd.」
The company continues to disclose its dependence on major suppliers. Fuji Heavy Industries, Ltd. changed its corporate name to SUBARU on 1 April 2017. - FY2016First statedAnnual report
「The electrical equipment business mainly sources products from Mitsubishi Electric Corporation, while the vehicle-related business mainly sources products from Fuji Heavy Industries, Ltd. and Sumitomo Rubber Industries,Ltd.」
Risk of dependence on major suppliers for product supply, product strategy and competitiveness.