Delayed recovery in the U.S. market and stalled domestic automotive aftermarket demand
First written in FY2017-Q3. 10 of 18 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
Anest Iwata moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Other".
- FY2026Recovery trend alongside full-year revenue declineAnnual report
「In coating equipment products, sales in the U.S. turned to a recovery after the sales systems for spray guns and airbrushes were reviewed and strengthened. However, the decline through the third quarter was not fully offset in the fourth quarter, and total sales decreased.」
In the U.S., spray guns and airbrushes turned to a recovery after the sales systems were reviewed and strengthened, but full-year sales decreased. - FY2026-H1WorsenedAnnual report
「In coating equipment products, sales of airbrushes declined in the U.S., in addition to spray guns, due to the impact of a review of sales channels.」
In the U.S., airbrush sales also declined due to the impact of the sales channel review, in addition to spray guns, and the market's recovery trend changed. - FY2025-H1AdvancedAnnual report
「In coating equipment products, airbrush sales turned to a recovery, while sales of spray guns for the automotive refinish market that were well received in Europe and coating units for the woodworking market remained strong.」
In the Americas, airbrush sales turned to a recovery, while spray guns for automotive refinishing and units for the woodworking market also performed well. - FY2024MitigatedAnnual report
「In coating equipment products, although the recovery in airbrush sales in the U.S. is taking time, sales increased as we developed the industrial coatings market. We are also focusing on sales of new spray guns for the automotive refinish market and mid-range spray guns for home improvement stores.」
While the recovery in U.S. airbrush sales is taking time, efforts to address market stagnation are progressing through development of the industrial coatings market and sales of new spray guns and mid-range products. - FY2024-Q2MitigatedAnnual report
「In coating equipment products, sales increased mainly for spray guns.」
Spray gun sales increased in the Americas, indicating a trend toward easing the risk of stagnant demand for automotive refinishing and industrial coatings in the U.S. market. - FY2024-Q1MitigatedAnnual report
「In coating equipment products, sales increased as sales of airbrushes declined, while development of the industrial coatings market and sales of spray guns for the automotive refinish market remained firm.」
In the U.S., airbrush sales declined, while development of the industrial coatings market and sales of spray guns for automotive refinishing remained firm, easing the previous market stagnation. - FY2023MitigatedAnnual report
「In coating equipment products, airbrush sales in the U.S. returned to the level before the emergence of stay-at-home demand, but overall sales remained firm as customer development progressed in the industrial coatings market.」
While airbrush demand normalized in the U.S., progress in developing customers in the industrial coatings market helped offset the previous stagnation in the automotive refinish market. - FY2023-Q2MitigatedAnnual report
「In coating equipment products, spray gun sales remained firm not only in the automotive refinish market but also in other markets, reflecting the successful development of sales channels following the acquisition of part of a business in the previous consolidated fiscal year.」
The benefits of developing sales channels acquired in North America in the previous fiscal year extended beyond the automotive refinish market, and spray gun sales remained firm. - FY2022-Q3MitigatedAnnual report
「In the painting equipment products business, the company strengthened promotions for spray guns for the automotive refinishing market, and sales are recovering toward pre-pandemic levels.」
Sales of spray guns for the automotive refinish market are recovering toward pre-pandemic levels, indicating a trend toward easing the previous market stagnation. - FY2022-Q2MitigatedAnnual report
「In coating equipment products, sales of spray guns for automotive refinishing increased, helped by the use of sales channels acquired through the purchase of part of a North American distributor's business.」
Sales of spray guns for automotive refinishing increased through the use of sales channels acquired in North America, partially easing the previous market stagnation. - FY2022-Q1MitigatedAnnual report
「In coating equipment products, sales increased for coating equipment for the automotive refinish market in countries including North America, where we acquired part of the business from a U.S. distributor, as well as for airbrushes, which continued to benefit from stay-at-home demand.」
Sales of coating equipment for the automotive refinish market and airbrushes increased in countries including North America, indicating a recovery from stagnation in the U.S. market. - FY2021Recovery and deterioration coexistedAnnual report
「Although the company was affected by weakness in the U.S. automotive refinishing market, sales increased as airbrush sales surged throughout the year on stay-at-home demand.」
The U.S. automotive refinish market cooled, while sales surged on stay-at-home demand for airbrushes. - FY2021-Q3MitigatedAnnual report
「In the US, sales of spray guns for automotive refinishing and industrial coating were beginning to recover gradually, while airbrush sales increased substantially due to stay-at-home demand.」
Sales of spray guns for the U.S. automotive refinish and industrial coatings markets turned to a gradual recovery, partially easing the previous risk of stagnation. - FY2021-Q2WorsenedAnnual report
「Sales of spray guns declined in the US as the automotive refinishing and general industrial coating markets stagnated amid the spread of the novel coronavirus disease.」
In the US, stagnation in the automotive refinishing and general industrial coating markets amid the spread of the pandemic led to a decline in spray gun sales. - FY2018-Q1MitigatedAnnual report
「Sales of spray guns for the U.S. automotive refinishing market, which had stagnated in the previous fiscal year, recovered and grew along with sales in Europe and Asia.」
A recovery and increase in sales to the previously stagnant US automotive refinishing market were reported. - FY2017-Q3First statedAnnual report
「For coating equipment products, demand in Japan's automotive refinishing market appeared to have stalled. Overseas, although recovery in the US market was delayed,」
Stagnant demand in Japan's automotive refinishing market and a delayed recovery in the US market were first explicitly identified as business conditions during the quarter.