Dependence on specific products and technologies and the risk of declining development capabilities
First written in FY2016. 6 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 4 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group is promoting joint development with customers at the individual-plant level and the development of proprietary new products, as well as company-wide idea solicitation initiatives.」
The Group continues joint development with customers, in-house development and company-wide idea solicitation as measures to address the risk of declining product development capabilities. - FY2024RestatedAnnual report
「The Group is promoting joint development with customers at the individual-plant level and the development of proprietary new products, as well as company-wide idea solicitation initiatives.」
The Group continues joint development with customers, in-house development and company-wide idea solicitation as measures to address the risk of declining product development capabilities. - FY2023RestatedAnnual report
「The Group is promoting joint development with customers at the individual-plant level and the development of proprietary new products, as well as company-wide idea solicitation initiatives.」
The Group continues joint development with customers, in-house development and company-wide idea solicitation as measures to address the risk of declining product development capabilities. - FY2021RestatedAnnual report
「The Group is promoting joint development with customers at the individual-plant level and the development of proprietary new products, as well as company-wide idea solicitation initiatives.」
The Group continues joint development with customers, proprietary development and company-wide idea solicitation in response to the risk of declining competitiveness in technology, product development and sales capabilities. - FY2020Response measures made more specificAnnual report
「The Group is promoting joint development with customers at the individual-plant level and the development of proprietary new products, as well as company-wide idea solicitation initiatives.」
In addressing the risk of declining technological innovation and development capabilities, the disclosure specifically describes joint development with customers, proprietary new product development and company-wide idea solicitation. - FY2018RestatedAnnual report
「However, technology and demand are changing rapidly, and the nature of securing technological and product development capabilities and sales channels entails inherent uncertainty and various risks. Accordingly, if the Group is unable to maintain competitiveness in its technological and product development capabilities and sales capabilities, its future growth and profitability could decline, potentially adversely affecting its results and financial condition.」
The potential impact on growth and profitability from changes in technology and demand, and declining competitiveness in product development and sales capabilities, continues. - FY2017RestatedAnnual report
「However, technology and demand are changing rapidly, and the nature of securing technological and product development capabilities and sales channels entails inherent uncertainty and various risks. Accordingly, if the Group is unable to maintain competitiveness in its technological and product development capabilities and sales capabilities, its future growth and profitability could decline, potentially adversely affecting its results and financial condition.」
The company continues to identify the potential impact on growth and profitability of rapid changes in technology and demand and declines in the competitiveness of its product development and sales capabilities. - FY2016First statedAnnual report
「Technology and demand are changing rapidly, and the nature of securing technological and product development capabilities and sales channels entails inherent uncertainty and various risks. Accordingly, if the Group is unable to maintain competitiveness in its technological and product development capabilities and sales capabilities, its future growth and profitability could decline, potentially adversely affecting its results and financial condition.」
The company identifies automotive parts as its principal technology-driven products, while citing rapid changes in technology and demand and declines in the competitiveness of its development and sales capabilities as risks.