Weak Domestic Automobile Demand and Decline in Orders from External Demand
First written in FY2017-Q1. 13 of 32 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2026.
Tpr moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2026China remains firm, ASEAN slows, U.S. EV sales remain weak, and Japan is softAnnual report
「In the automotive industry, with which our group is primarily involved, sales in the United States remained sluggish, particularly for EVs, although hybrid-vehicle sales increased. In China, domestic sales and exports remained firm, particularly among Chinese manufacturers. In ASEAN, demand growth slowed and sales remained sluggish due to high interest rates and tighter lending standards. Sales remained soft in Japan.」
For automotive demand by region, it lists China's strength, the slowdown in ASEAN, weak EV sales in the United States, and soft sales in Japan. - 2026-05-14WorsenedRevision of earnings forecasts
「The automotive industry, in which the Group operates, remained in a challenging environment due to U.S. tariff policies and the resulting decline in production and sales volumes in Japan, as well as the declining market share of Japanese manufacturers in Thailand and China.」
The Company identified the impact of U.S. tariff policies, lower production and sales volumes in Japan, and declining Japanese automaker market share in Thailand and China as new factors worsening the demand and order environment for automobiles. - FY2026-H1China remains firm, ASEAN slows, and some U.S. manufacturers struggleAnnual report
「In the automotive industry, with which our group is primarily involved, domestic sales and exports in China remained firm. In ASEAN, demand growth slowed and sales remained sluggish. In the United States, some European and U.S. manufacturers experienced weak sales.」
It states that automotive demand in China remained firm, while demand slowed in ASEAN and sales at some European and U.S. manufacturers in the United States were weak. - FY2025Domestic production cuts due to certification irregularities, while sales in China increaseAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle sales in China increased, particularly for Chinese vehicles, due to the effectiveness of government trade-in support measures aimed at promoting sales. In Japan, however, production declined from the beginning of the period due to the certification irregularities issue.」
It explains that domestic production declined due to the certification irregularities issue, while vehicle sales in China increased as a result of trade-in support measures. - FY2025-H1Domestic production cuts due to certification irregularities, while overseas demand for hybrids drives higher salesAnnual report
「In the automotive industry, with which our group is primarily involved, domestic production declined due to the certification irregularities issue. Overseas, vehicle sales increased in the United States, China and other markets due to higher demand for hybrid vehicles and policies promoting sales.」
It explains that domestic production declined due to the certification irregularities issue, while vehicle sales increased in the United States, China and other overseas markets due to higher demand for hybrid vehicles and sales-promotion policies. - FY2024-Q2Production and sales recover as semiconductor shortages ease, but concerns about China persistAnnual report
「In the automotive industry, with which our group is primarily involved, production cuts due to semiconductor shortages eased, and production and sales recovered. However, the business environment remains difficult, with energy prices staying high and concerns about a slowdown in the Chinese economy continuing.」
It explains that production cuts due to semiconductor shortages eased and production and sales recovered, while high energy prices and concerns about a slowdown in the Chinese economy remain. - FY2024-Q1Production recovers as semiconductor shortages ease, but China's recovery lagsAnnual report
「In the automotive industry, with which our group is primarily involved, automakers' production recovered as semiconductor shortages eased, but the business environment remains difficult as energy prices continue to stay high.」
While automakers' production recovered as semiconductor shortages eased, difficult conditions continued due to persistently high energy prices and other factors. - FY2023RestatedAnnual report
「While a gradual easing of supply-chain problems, including semiconductor shortages, is expected, uncertainty about the outlook continues due to persistently high raw-material and energy prices associated with the prolonged conflict in Ukraine, rising prices, higher interest rates resulting from monetary tightening in various countries, and the risk of an economic recession.」
While easing semiconductor supply constraints is expected, it reconfirms uncertainty in the automotive market due to higher costs, rising interest rates, and the risk of an economic recession. - FY2023-Q3WorsenedAnnual report
「Unstable production continued due to semiconductor shortages and the spread of COVID-19. Although some markets showed signs of a recovery in production volumes, there was no full-scale recovery, resulting in difficult conditions.」
Although some recovery was seen in the automotive market, a full-scale recovery was not achieved, and unstable production due to semiconductor shortages and the pandemic continued. - FY2023-Q2RestatedAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle production and sales generally remained sluggish in Japan and overseas due to supply constraints from semiconductor shortages and higher raw-material procurement costs.」
It reconfirms that domestic and overseas vehicle production and sales remained sluggish due to semiconductor shortages and higher raw-material procurement costs. - FY2023-Q1RestatedAnnual report
「The automotive industry, with which our group is primarily involved, faced difficult conditions globally due to production cuts by automakers caused by semiconductor supply shortages and the spread of COVID-19, as well as soaring raw-material and energy prices.」
The difficult conditions in the global automotive industry have continued due to semiconductor shortages, production cuts caused by the pandemic, and soaring raw-material and energy prices. - FY2022WorsenedAnnual report
「Although vehicle sales gradually recovered from last year, the outlook for the global economy remains uncertain due to geopolitical risks such as the situation in Ukraine, soaring raw-material and energy prices, and the impact of urban lockdowns in China under its zero-COVID policy.」
In addition to the stated recovery in demand, it adds uncertainty factors for automotive demand, including the situation in Ukraine, lockdowns in China, and soaring raw-material and energy prices. - FY2022-Q3RestatedAnnual report
「In the automotive industry, with which our group is primarily involved, the impact of global production cuts continued as a result of the worldwide semiconductor shortage.」
It states that the impact of global production cuts in the automotive industry due to the worldwide semiconductor shortage has continued. - FY2022-Q2WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle production and sales in Japan and overseas had been recovering until early summer, but shifted to a global year-on-year decline due to supply-chain constraints caused by the global semiconductor shortage and the renewed spread of COVID-19.」
It states that domestic and overseas vehicle production and sales, which had been recovering, shifted to a global decline due to semiconductor shortages and supply-chain constraints. - FY2022-Q1Vehicle production recovers, but semiconductor shortages cause regional disparitiesAnnual report
「In the automotive industry, with which our group is primarily involved, domestic production recovered year on year but was affected by semiconductor shortages. Overseas, China and some parts of Asia remained strong, while the United States and Europe weakened due to semiconductor shortages, COVID-19 and other factors.」
While vehicle production and demand recovered year on year, weak conditions continued in the United States, Europe and other regions due to semiconductor shortages and the impact of COVID-19. - FY2021-Q3MitigatedAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle sales recovered as the third quarter began. In Japan, sales turned positive year on year, although 2019 sales had been low due to the consumption-tax increase. Overseas vehicle sales remained negative year on year, but in most regions exceeded the results for April-June of this year.」
Domestic vehicle sales turned positive year on year, while overseas sales remained negative year on year but exceeded April-June results in most regions, indicating a partial improvement in the demand environment from the previous quarter. - FY2021-Q2WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, domestic vehicle sales declined sharply year on year. Overseas vehicle sales also fell sharply year on year in countries and regions other than China, although sales in China turned positive year on year from April, creating a difficult environment in which the impact of COVID-19 became evident.」
In addition to the sharp decline in domestic sales, sales also fell substantially in overseas regions other than China, with weakness in the demand and order environment spreading broadly. - FY2021-Q1WorsenedAnnual report
「In Japan, temporary production stoppages were implemented due to the slowdown in vehicle sales, while exports were also affected by port shutdowns overseas. China saw a sharp decline in vehicle sales and production due to lockdowns. Each region, including the United States, Europe and ASEAN, was gradually affected by the spread of infections, resulting in lower vehicle sales.」
In addition to the slowdown in domestic vehicle sales, sales and production declined in China, the United States, Europe, ASEAN and other regions, with weakness in the demand and order environment spreading broadly. - FY2020WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, vehicle sales in Japan, the United States, India, ASEAN and other emerging markets turned lower year on year, while China faced difficult conditions, falling below the previous fiscal year for the second consecutive period.」
The decline in vehicle sales in Japan, the United States and emerging markets, together with China's decline below the previous year for the second consecutive period, indicates that weakness in automotive demand is widespread. - FY2020-Q2WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, both registered vehicles and kei cars provided support in Japan and remained firm. Overseas, sales in China and emerging markets fell below the previous year, while in North America sales of passenger cars declined sharply despite support from small trucks, making conditions across the global market extremely difficult.」
While the domestic market provided support, the decline below the previous year in China and emerging markets and the sharp decline in North American passenger-car sales made the difficult external-demand environment more pronounced. - FY2020-Q1WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, kei cars continued to support the domestic market, which remained firm. Overseas, however, the growth of emerging-market economies slowed, North America reached a plateau, and China fell below the previous fiscal year, making conditions in the global market extremely difficult.」
While domestic kei cars provided support, the slowdown in emerging-market growth, stagnation in North America, and China's decline below the previous fiscal year made the severity of conditions in the global market even more evident. - FY2019WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, kei cars continued to support the domestic market, and emerging markets such as India and ASEAN also showed signs of market expansion. However, North America reached a plateau and China fell below the previous fiscal year, creating a difficult environment due to changes in the two major markets.」
The plateau in North America and China's decline below the previous fiscal year are explicitly identified as the full-year environment for the automotive industry. - FY2019-Q3WorsenedAnnual report
「In the automotive industry, with which our group is primarily involved, demand increased in Europe and Asia, among other regions, and global vehicle production increased from the same period of the previous year. However, although kei-car sales in Japan remained strong, North America reached a plateau overseas and the Chinese market began to slow.」
While global vehicle production increased, stagnation in the North American market and a slowdown in the Chinese market were explicitly indicated, showing that weakness in external demand has continued. - FY2019-Q2WorsenedAnnual report
「However, although kei-car sales in Japan remained strong, sales of registered vehicles were below the same period of the previous year, and overseas markets, including North America and China, reached a plateau.」
Domestic registered-vehicle sales were below the same period of the previous year, while the North American and Chinese markets were also at a plateau, making the weakness in domestic and external demand more evident. - FY2019-Q1WorsenedAnnual report
「In Asia, revenue was ¥9,106 million, a decrease of ¥655 million from the same period of the previous year, due to lower orders and declining unit prices in China.」
While domestic demand is considered to be recovering, lower orders and declining unit prices in China have materialized as an actual decline in revenue in Asia, indicating that risks in external demand and orders have emerged. - FY2018MitigatedAnnual report
「In the automotive industry, with which our group is primarily involved, domestic sales recovered, particularly for small cars, and exports also increased. Overseas, although sales declined in the United States, demand increased in Asia and Europe, and global vehicle production increased from the previous fiscal year.」
It states that the risk of weak demand seen previously was mitigated over the full fiscal year by the recovery in domestic sales, higher exports, and increased demand in Asia and Europe. - FY2018-Q3MitigatedAnnual report
「In the automotive industry, with which our group is primarily involved, the shift of production overseas has become established, while in Japan vehicle production from April to December increased 5% year on year as temporary factors such as the Kumamoto earthquake in the previous year subsided.」
The shift of production overseas has become established, while domestic vehicle production increased 5% year on year as temporary factors subsided. - FY2018-Q2RestatedAnnual report
「In the automotive industry, with which our group is primarily involved, the shift of production overseas has become established, while in Japan vehicle production increased as temporary factors such as the Kumamoto earthquake in the previous year subsided.」
It states that, while the shift of production overseas has become established, domestic vehicle production increased as temporary factors from the previous year subsided. - FY2018-Q1MitigatedAnnual report
「Vehicle production increased domestically as temporary factors, including the Kumamoto earthquake the previous year, were no longer present.」
Domestic vehicle production increased as temporary factors such as the Kumamoto earthquake subsided. Meanwhile, the shift of production overseas is described as having become established. - FY2017-Q3RestatedAnnual report
「In the automotive industry, to which our group is primarily related, the shift of production overseas has become established, while the recovery in domestic passenger vehicle sales lacked momentum and conditions remained challenging.」
The established shift of production overseas, the weak recovery in domestic passenger vehicle sales and the challenging business environment are reiterated. - FY2017-Q2RestatedAnnual report
「In the automotive industry, to which our group is primarily related, the shift of production overseas has become established, while the recovery in domestic passenger vehicle sales lacked momentum and conditions remained challenging.」
The weak recovery in domestic passenger vehicle sales and the challenging business environment are reiterated. - FY2017-Q1First statedAnnual report
「The recovery in domestic passenger-vehicle sales lacked momentum, and conditions remained challenging.」
The quarter reflects weak domestic sales recovery, while lower orders for overseas markets are also reported in the Japan segment.