High Dependence on the Automotive Industry
First written in FY2016. 15 of 35 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2026.
Nichidai 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: 4 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Although our Group is not affiliated with any particular automaker or parts manufacturer group, revenue from the automotive-related industry accounted for approximately 71% of total revenue in the current fiscal year.」
The share of revenue from the automotive-related industry declined from approximately 76% in the previous fiscal year to approximately 71%. However, the possibility that technological trends, production trends, new development and other factors may affect performance continues to be disclosed. - FY2026-H1Remained sluggish despite being at approximately the previous year's levelAnnual report
「These fluctuations in the global economy also affected the Japanese economy. In the Japanese automotive industry, a key customer industry for our Group, production and sales overall remained at approximately the same level as in the same period of the previous year, but continued to be sluggish.」
Production and sales in the Japanese automotive industry were approximately at the same level as in the same period of the previous year, but were still described as sluggish. Although no further year-on-year decline in the market environment associated with the high dependence on the automotive-related industry was indicated, conditions remained at a low level. - FY2025WorsenedAnnual report
「Revenue from the automotive-related industry accounted for approximately 76% of total revenue in the current fiscal year. Accordingly, the performance of our Group may be affected by technological trends and production trends among automakers, as well as new parts development, standardization and local procurement overseas.」
Revenue from the automotive-related industry increased from approximately 72% in the previous disclosure to approximately 76%. Dependence remains high, and the risk that production and technology trends and other factors will affect performance has increased. - FY2025-H1WorsenedAnnual report
「During the six-month period ended [current interim period], production by Japanese automakers remained sluggish both in Japan and overseas in the Japanese automotive industry, a key customer industry for our Group, due to the continuing impact of misconduct issues and declining demand worldwide, particularly in China. In addition, the global economic outlook remains uncertain due to escalating regional conflicts in Ukraine and the Middle East, stagnation in the Chinese economy, and the expansion of protectionist policies. Global vehicle production and sales both declined year on year.」
Domestic and overseas production by Japanese automakers remained sluggish, while global vehicle production and sales both declined year on year. The market environment associated with the high dependence on the automotive-related industry has deteriorated from the previous recovery trend. - FY2024-Q3MitigatedAnnual report
「During the first nine months of the current fiscal year, production by Japanese automakers exceeded the previous year's level both in Japan and overseas, against a backdrop of strong vehicle sales supported by improved supply conditions in the Japanese automotive industry, a key customer industry for our Group.」
Against a backdrop of improved parts supply and strong vehicle sales, production by Japanese automakers exceeded the previous year's level both in Japan and overseas. Although dependence on the automotive-related industry remains, the business environment in the markets on which the Group depends has improved further from the recovery trend seen in the previous quarter. - FY2024-Q2Recovery in key regions coexists with declining sales due to China's shift to EVsAnnual report
「During the first six months of the current fiscal year, vehicle sales in key regions, including Japan and the United States, showed signs of recovery in the Japanese automotive industry, a key customer industry for our Group, and continued to increase year on year. In China, however, market conditions changed due to the shift to EVs and other factors, causing sales by Japanese automakers to decline. As a result, domestic production by Japanese automakers continued to trend upward, while overseas production remained at the same level as the previous year.」
Vehicle sales recovered in key regions, including Japan and the United States, while sales by Japanese automakers declined in China due to market changes resulting from the shift to EVs and other factors, and overseas production remained at approximately the previous year's level. Recovery and structural changes are occurring simultaneously in the market environment on which dependence on the automotive-related industry is based. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year, global vehicle sales, which had remained sluggish due to parts supply shortages and other factors in the Japanese automotive industry, a key customer industry for our Group, showed signs of recovery and continued to increase year on year. Production by Japanese automakers also continued to trend upward both in Japan and overseas.」
Global vehicle sales, which had been sluggish due to parts supply shortages and other factors, showed signs of recovery, while Japanese automakers' production in Japan and overseas also trended upward. Although dependence on the automotive-related industry remains, conditions in the markets on which the Group depends appear to be easing compared with the previous fiscal year. - FY2023MitigatedAnnual report
「Sales to the automotive-related industry during the consolidated fiscal year accounted for approximately 72% of total sales.」
The proportion of sales to the automotive-related industry declined from approximately 80% to approximately 72% of total sales. Although automobile production is on a recovery trend, it remains unstable, and the dependence risk itself remains. - FY2023-Q3Signs of recovery, but no full-scale recoveryAnnual report
「During the nine-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, signs of recovery were seen as automobile sales increased year on year in each region. However, the impact of parts supply shortages continued, and sales in China weakened due in part to the spread of COVID-19, leaving the industry short of a full-scale recovery.」
Although sales volumes in each region showed signs of recovery, parts supply shortages continued and sales in China weakened, so a full-scale recovery had not been achieved. The environment of dependence on the automotive-related industry combines recovery with continuing risks. - FY2023-Q2MitigatedAnnual report
「During the six-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, signs emerged that the impact of parts supply shortages was diminishing, as global automobile sales trended upward year on year and global production volumes of Japanese automakers also showed signs of recovery. However, production adjustments due to parts supply shortages and other factors continued, and the situation remained short of a full-scale recovery.」
Signs of recovery emerged in global automobile sales and the global production of Japanese automakers, indicating that the impact of parts supply shortages was beginning to diminish. However, production adjustments continued and a full-scale recovery had not been achieved. - FY2023-Q1WorsenedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, automobile sales worldwide remained sluggish due to parts supply shortages, including those caused by China's lockdowns associated with the spread of COVID-19, affecting the production volumes of Japanese automakers.」
Regarding the environment of dependence on the automotive-related industry, parts supply shortages associated with China's lockdowns materialized in weak global automobile sales and their impact on Japanese automakers' production volumes. - FY2022WorsenedAnnual report
「The principal customers for our Group's net-shape and assembly businesses are in the automotive-related industry, including automotive parts manufacturers. Although our Group does not belong to the keiretsu of any particular automaker or parts manufacturer, sales to the automotive-related industry during the consolidated fiscal year accounted for approximately 80% of total sales.」
Sales dependence on the automotive-related industry remained approximately 80%, while automobile production stagnated substantially during the year due to parts supply shortages and the spread of variants. - FY2022-Q3WorsenedAnnual report
「During the nine-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, the downward trend in global production volumes of Japanese automakers became clear due to shortages of parts, including semiconductors, affecting markets worldwide.」
Regarding the environment of dependence on the automotive-related industry, shortages of parts including semiconductors made the downward trend in global production volumes of Japanese automakers clear. Deterioration in the dependent markets has become more evident. This statement itself contains no figures. - FY2022-Q2WorsenedAnnual report
「During the six-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, global production volumes of Japanese automakers trended downward year on year due to the prolonged impact of semiconductor shortages worldwide and parts supply problems associated with the spread of COVID-19 in the ASEAN region. These problems in the automotive industry have affected markets worldwide, and global automobile sales also trended downward year on year.」
Regarding the environment of dependence on the automotive-related industry, semiconductor shortages and parts supply problems in ASEAN caused global production volumes of Japanese automakers and global automobile sales to trend downward year on year. - FY2022-Q1WorsenedAnnual report
「Although domestic and overseas production volumes of Japanese automakers were trending upward year on year, they were down compared with two years earlier and remained in the process of recovering from the decline caused by the spread of COVID-19. In addition, as the end of the COVID-19 pandemic remained out of sight and the impact of semiconductor shortages also emerged, uncertainty over the outlook continued.」
Automobile production increased year on year but declined compared with two years earlier, and remained in the process of recovery. In addition, semiconductor shortages emerged as a new factor, worsening external-environment risks in the automotive industry on which the Group depends. - FY2021-Q3MitigatedAnnual report
「In addition to continued year-on-year growth in automobile sales in China, major regions such as North America and India also trended upward compared with the previous year, bringing global unit sales to roughly the previous year's level and putting them on a recovery trend from the decline caused by the spread of COVID-19. Domestic automobile sales also shifted to a year-on-year growth trend, and global production volumes of Japanese automakers began to recover.」
Automobile sales in major regions such as China, North America and India trended upward, and global unit sales recovered to roughly the previous year's level. Recovery was also seen in domestic sales and the global production volumes of Japanese automakers, easing the environment of dependence on the automotive-related industry compared with through the previous quarter. - FY2021-Q2WorsenedAnnual report
「By region, automobile sales in China continued to increase year on year and the U.S. was also on a recovery trend, while Thailand and India remained sluggish, resulting in differing degrees of recovery by region. In Japan, sales began to trend toward recovery in the second quarter, but continued to trend below the same period of the previous year.」
Regarding the environment of dependence on the automotive-related industry, China and the U.S. recovered, while Thailand and India remained sluggish and domestic sales continued to trend below the same period of the previous year. Differences in recovery by region and weakness in the dependent markets continue. - FY2021-Q1WorsenedAnnual report
「During the three-month consolidated cumulative period, the Japanese automotive industry, which is a major customer industry for our Group, stagnated significantly as a result of the economic deterioration caused by emergency measures implemented worldwide to prevent the spread of COVID-19.」
The Japanese automotive industry, the major customer industry, stagnated significantly amid economic deterioration caused by measures to prevent the spread of COVID-19. The environment of dependence on the automotive-related industry has deteriorated further from the previous fiscal year. - FY2020MaterialisedAnnual report
「The Japanese automotive industry, our major customer industry, was affected by the global automotive market's downward trend amid U.S.-China trade friction and other factors. In addition, the spread of COVID-19 led to the suspension of automakers' factory operations, raising serious concerns about a slowdown in economic activity and increasing uncertainty over the outlook.」
While dependence on the automotive-related industry continues, the global market has declined and automakers' factories have suspended operations due to the spread of COVID-19. - FY2020-Q3WorsenedAnnual report
「During the nine-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, global unit sales remained sluggish because domestic sales declined due to the consumption tax increase and major Asian markets such as China, India and ASEAN recorded year-on-year declines. As a result, both domestic and overseas production volumes of Japanese automakers declined compared with the same period of the previous year.」
Domestic sales declined due to the consumption tax increase, while major Asian markets such as China, India and ASEAN declined year on year, leaving global unit sales sluggish. Domestic and overseas production volumes of Japanese automakers also trended downward, further worsening the environment of dependence on the automotive-related industry. - FY2020-Q2WorsenedAnnual report
「During the six-month period ended the second quarter, domestic sales by the Japanese automotive industry, a major customer industry of the Group, increased year on year, while the North American market remained at the same level as the previous year. However, the global automotive market remained sluggish, owing in part to weak sales in major Asian markets such as China and India. Although domestic vehicle production by Japanese automakers increased from the previous year, overseas production has continued to trend below the prior-year level.」
Regarding the environment of dependence on the automotive-related industry, weak sales in major Asian markets such as China and India, sluggishness in the global automotive market and a year-on-year decline in overseas production volumes are indicated, showing deterioration in the dependent markets. - FY2020-Q1WorsenedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, domestic unit sales increased year on year, but sales declined in the major Chinese, U.S. and European markets, and the impact of the weakening global market has begun to emerge. With respect to automobile production by Japanese automakers, domestic production increased, but overseas production stagnated, leaving global production volumes roughly at the previous year's level.」
Regarding the environment of dependence on the automotive-related industry, declining sales in the major Chinese, U.S. and European markets, stagnant overseas production and global production volumes at roughly the previous year's level are noted, making the slowdown and stagnation of the dependent markets clear. - FY2019WorsenedAnnual report
「The principal customers for our Group's net-shape and assembly businesses are in the automotive-related industry, including automotive parts manufacturers. Sales to the automotive-related industry during the consolidated fiscal year accounted for approximately 80% of total sales. Conditions surrounding the Japanese automotive industry, a major customer industry for our Group, were stagnant in the global automotive market: automobile sales increased in the ASEAN and Indian markets, but remained roughly flat in the developed markets of Japan, North America and Europe, while the Chinese market, which had continued to grow, declined year on year.」
Although sales dependence on the automotive-related industry remains approximately 80%, the decline in the Chinese market from the previous year and stagnation in the global automotive market are noted, indicating worsening environmental risks in the dependent markets. - FY2019-Q3WorsenedAnnual report
「During the nine-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, domestic and U.S. markets remained stable, while the ASEAN market in Asia continued to trend upward. In contrast, the Chinese market recorded a decline in 2018 compared with 2017, making the slowdown increasingly clear. In addition, U.S.-China trade friction is expected to affect the global economy, creating an uncertain outlook.」
Regarding the environment of dependence on the automotive-related industry, the domestic and U.S. markets were stable and the ASEAN market trended upward, while China recorded a decline in unit sales, making the slowdown increasingly clear. Deteriorating factors have intensified in some dependent markets. - FY2019-Q2WorsenedAnnual report
「During the six-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, domestic sales remained roughly at the previous year's level, while the U.S. maintained a high level of unit sales. In Asia, the ASEAN and Indian markets continued to perform well, but signs of a slowdown began to emerge in the Chinese market, including a year-on-year decline in sales.」
Regarding the environment of dependence on the automotive-related industry, the ASEAN and Indian markets performed well and the U.S. maintained a high level, while the Chinese market declined year on year, indicating signs of a slowdown. - FY2019-Q1MitigatedAnnual report
「During the three-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, domestic sales remained roughly at the previous year's level, while U.S. and Chinese markets continued to maintain high levels. In addition, as the ASEAN and Indian markets performed well, global production volumes also continued to trend upward.」
Although dependence on automotive-related sales continues, the U.S. and Chinese markets have maintained high levels and the ASEAN and Indian markets have also performed well, with global production volumes continuing to trend upward. The impact of conditions in the dependent markets is shown as having eased compared with the previous fiscal year. - FY2018RestatedAnnual report
「Our Group does not belong to the keiretsu of any particular automaker or parts manufacturer, but sales to the automotive-related industry during the consolidated accounting period accounted for approximately 80% of total sales.」
Sales to the automotive-related industry continue to account for approximately 80% of total sales, with no change in the quantified level of dependence. Global production volumes are trending upward, but the growth rate is slowing. - FY2018-Q3Maintaining high levels despite slower growthAnnual report
「During the nine-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, the North American and Chinese markets remained at high levels despite slowing growth, while the domestic market also remained solid, partly due to the recovery of kei cars. Reflecting these sales trends, global production volumes of Japanese automakers continued to increase.」
Although slower growth was indicated in the Japanese automotive industry, the North American and Chinese markets remained at high levels, the domestic market was solid, and global production volumes trended upward. The environment of dependence on the automotive-related industry combines factors indicating a slowdown with continued high levels. - FY2018-Q2MitigatedAnnual report
「During the six-month consolidated cumulative period, in the Japanese automotive industry, which is a major customer industry for our Group, the North American and Chinese markets remained solid, while unit sales also increased in the domestic market, where kei cars were recovering. Reflecting these sales trends, production volumes of Japanese automakers increased both in Japan and overseas.」
In addition to the strength of the North American and Chinese markets, the domestic kei-car market recovered, and production volumes of Japanese automakers in Japan and overseas also trended upward. Dependence on the automotive-related industry continues, but the impact of market conditions was more limited than through the previous quarter. - FY2018-Q1MitigatedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, unit sales increased year on year in the solid Chinese market, the recovering ASEAN market and the domestic market, where the launch of new models had an effect. Although sales in the U.S. market were trending downward, they remained at a high level, and production volumes in Japan and overseas continued to increase.」
Although dependence on the automotive-related industry continues, unit sales in the Chinese, ASEAN and domestic markets and production volumes in Japan and overseas have been trending upward, partially easing the impact of the market downturn described through the previous fiscal year. - FY2017MaterialisedAnnual report
「Although the Japanese automotive industry, which is a major customer industry for our Group, was affected by stagnation in the ASEAN market, global production increased as unit sales remained high in the North American and Chinese markets and the domestic market also performed steadily.」
Regarding dependence on the automotive-related industry, the ASEAN market remained stagnant, while the North American, Chinese and domestic markets were solid, indicating differences among markets. - FY2017-Q3MaterialisedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, the ASEAN market remained at a low level despite signs of recovery, while in the third quarter domestic sales exceeded the previous year and the major U.S. and Chinese markets continued to perform well.」
Regarding dependence on the automotive-related market, the ASEAN market continued to remain at a low level, while the domestic, U.S. and Chinese markets performed well, indicating differing impacts by market. - FY2017-Q2MaterialisedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, unit sales in the U.S., European and Chinese markets remained strong, while sales in the domestic market, where kei-car sales continued to be weak, and in the ASEAN market remained at low levels.」
Regarding dependence on the automotive-related market, the domestic kei-car market and the ASEAN market have continued to remain at low levels. - FY2017-Q1MaterialisedAnnual report
「In the Japanese automotive industry, which is a major customer industry for our Group, the ASEAN market remained at a low level despite signs of improvement, while sales of kei cars declined in the domestic market.」
Regarding the risk associated with dependence on the automotive-related market, weakness in the ASEAN market and declining domestic kei-car sales have emerged as actual business-environment factors. - FY2016First statedAnnual report
「During the consolidated accounting period, sales to the automotive-related industry accounted for approximately 80% of total sales. Accordingly, the performance of our Group may be affected by automakers' production trends and by the development, standardization and overseas local procurement of parts.」
Sales to the automotive-related industry were quantified at approximately 80% of total sales, indicating the potential impact on performance from production trends and parts procurement policies.