Deterioration in Business Performance Due to Delayed Shipments of Digital Tachographs
First written in FY2017. 6 of 14 entries say "Restated". Latest entry: FY2025.
Tb Group moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「M Mobility Co., Ltd. has been removed from the scope of the equity method because the company sold all of its shares in M Mobility.」
All shares in the operating company that had faced digital tachograph shipment delays and quality issues were sold, and the previous business-related disclosures concerning these individual risks have been removed. - FY2022DroppedAnnual report
「㈱エムモビリティ sells drive recorders and digital tachographs (digital vehicle operation recorders) to domestic distributors and general customers through our company.」
The previously identified individual risks related to digital tachograph shipment delays, quality issues and business restructuring are not included in the current year's business risks, and the disclosure is limited to a description of sales under the business overview. - FY2022-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The assessment that there have been no material changes in the risk related to digital tachograph shipment delays and quality issues is being maintained. - FY2021-Q2RestatedAnnual report
「During the first six months of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The assessment that there have been no material changes in the risk related to digital tachograph shipment delays and quality issues is being maintained. - FY2020WorsenedAnnual report
「Following an assessment of the restructuring of the dashcam business and the recoverability of related receivables, an allowance for doubtful accounts of ¥75 million was recorded as an extraordinary loss.」
The drive recorder business, which has continued to face quality issues and deteriorating performance, has reached the stage where business restructuring and the collectibility of receivables must be considered. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no newly arising business or other risks. In addition, there were no significant changes to the business or other risks described in the securities report for the previous fiscal year.」
The assessment that there have been no material changes in the risk related to digital tachograph shipment delays and quality issues is being maintained. - FY2019WorsenedAnnual report
「The drive recorder business's quality problems remained unresolved, resulting in deteriorating earnings, and the company will promptly undertake a fundamental review of the business model.」
The company has moved away from its previous-quarter statement that the quality problems had been resolved, explaining in its annual results that the problems persisted and performance continued to deteriorate. - FY2019-Q3MitigatedAnnual report
「The drive recorder business resolved its quality problems, but earnings did not recover.」
The company states that quality problems in the dashcam business, including digital tachographs, have been resolved. However, performance has not yet recovered. - FY2019-Q2WorsenedAnnual report
「The drive recorder and digital tachograph equipment businesses experienced difficult results because responses to quality problems were delayed.」
Continued delays in addressing quality problems with digital tachograph equipment have again been identified as a factor behind the difficult performance. - FY2019-Q1RestatedAnnual report
「In the new business, delays in addressing quality problems with digital tachograph equipment became a major factor behind the substantial decline in revenue.」
The company states that delays in addressing quality problems with digital tachograph products continued and became a factor in the substantial revenue decline. It assesses that there were no material changes in business and other risks overall. - FY2018-Q3RestatedAnnual report
「The dashcam and digital tachograph businesses recorded lower revenue due to quality issues, and management resources were reallocated and concentrated on associate 株式会社エムモビリティ.」
The company disclosed that revenue declines due to quality issues with digital tachographs have continued and cited the reallocation and concentration of management resources on 株式会社エムモビリティ as a countermeasure. - FY2018-Q2WorsenedAnnual report
「The full-scale rollout of digital tachographs was delayed due to quality issues, resulting in a loss.」
Not only did delays in digital tachograph sales continue, but losses due to quality issues were also explicitly reported. - FY2018-Q1RestatedAnnual report
「The drive recorder business was delayed in fully rolling out sales of the Ministry of Land, Infrastructure, Transport and Tourism-approved digital tachograph, and its contribution to earnings will begin in the second quarter or later.」
The delay in the full-scale rollout of approved digital tachographs has continued, and the company states that their contribution to performance will begin in the second quarter or later. - FY2017MaterialisedAnnual report
「In addition, delays occurred in shipping approved digital tachographs, and other issues, which significantly worsened full-year performance and resulted in extremely disappointing results.」
Delays in shipping approved digital tachographs actually occurred and are cited as a factor that significantly worsened full-year performance.