Contraction of the domestic market
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2025.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Automotive division, a major domestic business, expects the market and demand to change substantially due to the shift toward EVs and other factors, but believes that demand will remain firm for the time being.」
The view that the market and demand will change due to the shift toward EVs, while remaining firm for the time being, continues. - FY2024RestatedAnnual report
「The Automotive division, a major domestic business, expects the market and demand to change substantially due to the shift toward EVs and other factors, but believes that demand will remain firm for the time being.」
The view that demand is expected to change due to the shift toward EVs, while remaining firm for the time being, continues. - FY2023Expected major changes in demand due to the shift to EVs, with demand remaining firm for the time beingAnnual report
「The Automotive division, which has performed steadily in the domestic market, expects market demand to change substantially as the shift toward EVs gathers pace, but anticipates firm demand for the time being.」
The company newly specified that market demand is expected to change substantially due to the shift toward EVs, while explaining that demand will remain firm for the time being. - FY2020SoftenedAnnual report
「The Automotive division, which has continued to perform steadily in the domestic market, expects firm demand to continue even as the shift toward EVs gathers pace.」
Against the previous risk assessment based on a shrinking domestic market, the Automotive division was described as continuing to perform steadily, with firm demand expected. - FY2017First statedAnnual report
「In anticipation of the medium- to long-term contraction of the domestic market, the company will continue to strengthen the capabilities and organisational capacity of its development and design divisions and achieve further acceleration in development and design.」
The expected medium- to long-term contraction of the domestic market is described as the backdrop to strengthening development and design functions.