Weak automotive sales, primarily in China
First written in FY2019-Q3. 10 of 27 entries say "Restated". Latest entry: 2026-10-30.
Tdk moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 6 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026-H1RestatedAnnual report
「Meanwhile, in the automotive market, weak demand for BEVs continued, resulting in component demand falling below the level assumed at the beginning of the fiscal year.」
In the automotive market, weak BEV demand and component demand below the level assumed at the beginning of the fiscal year have continued. - FY2025WorsenedAnnual report
「In addition, demand for BEVs stagnated in the automotive market, resulting in component demand falling below the level assumed at the beginning of the fiscal year.」
Although xEV production exceeded the previous fiscal year's level, demand for components fell below the level assumed at the beginning of the fiscal year owing to stagnating BEV demand. - FY2025-H1WorsenedAnnual report
「In addition, in the automotive market, signs of continued slowing in demand for BEVs remained apparent, resulting in component demand falling below the level assumed at the beginning of the fiscal year.」
In the automotive market, signs of slowing BEV demand continued, and demand for components fell below the level assumed at the beginning of the fiscal year. - FY2024RestatedAnnual report
「In the automotive market, production of xEVs and other vehicles exceeded the previous consolidated fiscal year's level, but prolonged component inventory adjustments in some regions caused demand for components to fall below the level assumed at the beginning of the fiscal year.」
Although production of xEVs and other vehicles exceeded the previous fiscal year's level, prolonged component inventory adjustments in some regions and at some customers caused demand for components to fall below the level assumed at the beginning of the fiscal year. - FY2024-Q3WorsenedAnnual report
「In the automotive market, production of xEVs and other vehicles exceeded the level of the cumulative consolidated period of the previous year, but component inventory adjustments at some customers continued for an extended period, causing demand for components to fall below the level assumed at the beginning of the fiscal year.」
Although production of xEVs and other vehicles exceeded the level of the same period of the previous year, prolonged component inventory adjustments at some customers caused demand for components to fall below the level assumed at the beginning of the fiscal year. - FY2024-Q2RestatedAnnual report
「Meanwhile, in the automotive market, production of xEVs and other vehicles exceeded the level of the cumulative consolidated period of the previous year, but changes were observed in customer demand for components, which fell below the level assumed at the beginning of the fiscal year.」
The view continued that, although production of xEVs and other vehicles would exceed the level of the same period of the previous year, customer demand for components would fall below the level assumed at the beginning of the fiscal year. - FY2024-Q1WorsenedAnnual report
「Meanwhile, in the automotive market, production of xEVs and other vehicles exceeded the level of the cumulative consolidated period of the previous year, but changes were observed in customer demand for components, which fell below the level assumed at the beginning of the fiscal year.」
Although production of xEVs and other vehicles exceeded the level of the same period of the previous year, customer demand for components fell below the level assumed at the beginning of the fiscal year. - FY2023MitigatedAnnual report
「Although concerns over shortages of some semiconductors remain in the automotive market, production recovered gradually to a level above the previous consolidated fiscal year. As xEV adoption progressed, the number of components installed per vehicle increased, and demand for components remained firm.」
Although concerns over semiconductor shortages remain, automotive production exceeded the previous fiscal year's level, while demand for components remained firm against a backdrop of the higher number of components installed per vehicle through xEV adoption. - FY2023-Q3MitigatedAnnual report
「Although concerns over shortages of semiconductors and other materials remain in the automotive market, production recovered gradually to a level above the previous period. In addition, the number of components installed per vehicle continued to increase as xEV adoption progressed, and demand for components remained firm.」
Automotive production recovered gradually to above the previous-period level, while demand for components remained firm against a backdrop of the higher number of components installed per vehicle through xEV adoption. - FY2023-Q2MitigatedAnnual report
「In the automotive market, production recovered gradually and exceeded the level of the cumulative consolidated period of the previous year following the lifting of lockdowns in China and the partial easing of concerns over materials supplies. In addition, the number of components installed per vehicle increased as vehicle electrification and ADAS adoption progressed, and demand for components remained firm.」
Automotive production exceeded the level of the same period of the previous year after lockdowns were lifted in China, while demand for components remained firm against a backdrop of the higher number of components installed per vehicle through vehicle electrification and ADAS adoption. - FY2023-Q1RestatedAnnual report
「In the automotive market, supply chain constraints in materials procurement continued owing to lockdowns in China and heightened geopolitical risks, and production fell below the cumulative consolidated period of the previous year. However, demand for components remained firm as the number of vehicle models with a high number of components installed, such as EVs, increased.」
Although automotive production fell below the level of the same period of the previous year owing to lockdowns in China and geopolitical risks, demand for components remained firm as the number of vehicle models with a high number of components installed, such as EVs, increased. - FY2022MitigatedAnnual report
「Although production in the automotive market remained at roughly the previous-period level owing to supply chain constraints in materials procurement, demand remained firm, supported by the higher number of components installed per vehicle and customers' efforts to secure inventories of materials.」
While production remained sluggish owing to supply chain constraints, firm demand was confirmed for the full year, driven by the higher number of components installed per vehicle through electrification and ADAS adoption and customers securing inventories. - FY2022-Q3RestatedAnnual report
「In the automotive market, production volumes remained sluggish due to supply chain constraints in parts procurement. However, demand remained firm in the third quarter of the fiscal year under review, supported by an increase in the number of components installed as the shift to EVs and ADAS (advanced driver assistance systems) progressed, as well as by customers building up inventories.」
Automotive production remained sluggish owing to supply chain constraints, but strong demand continued against a backdrop of vehicle electrification, ADAS adoption and customers building up inventories. - FY2022-Q2RestatedAnnual report
「Although production did not recover to pre-pandemic levels owing to shortages of semiconductors and other materials, strong orders continued in the automotive market, supported by the trend toward a higher number of components installed per vehicle and efforts to secure inventories of materials, among other factors.」
Although automotive production has not recovered to pre-pandemic levels, strong orders have continued owing to the higher number of components installed per vehicle and efforts to secure inventories. - FY2022-Q1MitigatedAnnual report
「Although automotive production has not recovered to pre-pandemic levels, orders remained strong, driven by the higher number of components installed per vehicle.」
Although vehicle production has not recovered to pre-pandemic levels, strong orders continued against a backdrop of the higher number of components installed per vehicle, indicating partial mitigation of the risk of a market downturn. - FY2021MitigatedAnnual report
「In the automotive market, demand declined sharply in the consolidated first quarter owing to lockdown measures in various countries, but orders recovered rapidly from the consolidated second quarter and remained strong thereafter.」
Following the decline in automotive demand in the first quarter due to lockdowns, orders recovered rapidly from the second quarter and remained strong thereafter. - FY2021-Q3RestatedAnnual report
「In the automotive market, which recovered rapidly from the consolidated second quarter, demand remained strong in the consolidated third quarter.」
The rapid recovery in the automotive market from the second quarter and strong demand in the third quarter continued to be reported following the market downturn in the first quarter. - FY2021-Q2MitigatedAnnual report
「The automotive market, which had declined sharply in the consolidated first quarter owing to restrictions on production activity, saw demand recover rapidly from the consolidated second quarter as automakers resumed production.」
It was reported that demand in the automotive market, which had declined sharply in the first quarter, recovered rapidly from the second quarter as production resumed. - FY2021-Q1WorsenedAnnual report
「Production volumes of automobiles, smartphones, HDDs (hard disk drives) and other products were substantially below the level of the same cumulative quarter of the previous year.」
In addition to weak sales in the automotive market, including China, production of vehicles and other products in the current quarter was substantially below the level of the same period of the previous year. - FY2020WorsenedAnnual report
「Although the automotive market showed a trend toward a higher number of components installed per vehicle as vehicle electrification progressed, global vehicle sales, led by China, the largest market, decreased from the previous consolidated fiscal year.」
The scope of the disclosure expanded from weak sales centered on emerging markets such as China and India to a global decline in vehicle sales, including China, for the full year. - FY2020-Q3RestatedAnnual report
「Although the trend toward a higher number of components installed per vehicle continued in the automotive market, vehicle sales were weak in China, the largest market, and in emerging markets such as India, owing to deteriorating economic conditions, resulting in a year-on-year decline over the cumulative consolidated period.」
Automotive sales were weak in emerging markets such as India, in addition to China, and vehicle sales decreased year on year. Meanwhile, the trend toward a higher number of components installed per vehicle continued. - FY2020-Q2WorsenedAnnual report
「Although the trend toward a higher number of components installed per vehicle continued in the automotive market, vehicle sales decreased year on year over the cumulative consolidated period, as sales were weak not only in China, the largest market, but also in emerging markets such as India.」
Automotive sales were weak in emerging markets such as India, in addition to China, and vehicle sales decreased year on year. - FY2020-Q1RestatedAnnual report
「Although the trend toward a higher number of components installed per vehicle continued in the automotive market, vehicle sales decreased from the cumulative consolidated period of the previous year, owing in part to sluggish sales in China, the largest market.」
The decline in vehicle sales due to sluggish sales in China and the continuing trend toward a higher number of components installed per vehicle were again cited. - FY2019RestatedAnnual report
「In the automotive market, vehicle sales declined from the previous consolidated fiscal year owing to weak sales in China and the introduction of WLTP (Worldwide Harmonized Light Vehicles Test Procedure), among other factors, although the trend toward a higher number of components installed per vehicle continued as vehicle electrification progressed.」
A decline in vehicle sales due to weak sales in China and the introduction of WLTP was also confirmed for the full year, while the trend toward a higher number of components installed per vehicle continued. - FY2019-Q3First statedAnnual report
「The number of vehicles sold in the consolidated third quarter decreased from the same quarter of the previous year, with weakness particularly pronounced in the Chinese market, although the trend toward a higher number of components installed per vehicle continued.」
The year-on-year decline in vehicle sales, particularly weak sales in the Chinese market, was identified as a new market risk. Meanwhile, the trend toward a higher number of components installed per vehicle continued.