Impact of Electrification on the Automotive Testing Equipment Market and Orders
First written in FY2024-Q1. 4 of 5 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「For automotive testing machines, we are expanding our lineup of in-tire house dynos for the development of electric vehicles, which has led to new orders, while inquiries are also increasing.」
Regarding the risk of reviews of testing facility investments and lower orders due to vehicle electrification, the disclosure cites new orders and increased inquiries for in-tire house dynamos, indicating an improving business environment. - FY2025MitigatedAnnual report
「For automotive testing equipment, the company is expanding its in-tire house dynamometer lineup to support vehicle electrification, and inquiries have also increased.」
In response to the risk of reviews of testing facility investments and lower orders due to vehicle electrification, the disclosure cites an expanded ITHD product lineup and increased inquiries, indicating recovery and expansion in the markets served. - FY2024MitigatedAnnual report
「For automotive testing equipment, investment in equipment for EV development is accelerating, and orders and inquiries have increased for power supplies that simulate batteries and space-saving products incorporating the company’s proprietary in-tire house dynamometer technology.」
Regarding the risk that vehicle electrification had led to reviews of testing facility investments and lower orders, the disclosure has shifted toward improvement, citing accelerated investment in EV development facilities and increases in orders and inquiries for power supply equipment and ITHD. - FY2024-Q3MitigatedAnnual report
「In addition, investment in testing equipment for automotive applications to support vehicle electrification is gaining momentum.」
Regarding the risk that vehicle electrification had led to reviews of testing facility investments and lower orders, the disclosure now refers to signs of investment in facilities supporting electrification, indicating some improvement in the business environment. However, orders in the industrial business are down year on year. - FY2024-Q1MaterialisedAnnual report
「Meanwhile, in automotive testing equipment, the rapid shift toward electrification has led some customers to review planned investments in testing facilities, resulting in a decline in orders for testing equipment.」
Identifying as a separate business-environment risk the actual occurrence of reviews of planned investments in testing facilities and declines in testing equipment orders due to the rapid shift toward vehicle electrification.