Changes in the Business Environment Resulting from the Automotive Industry's Major Transformation
First written in FY2019. 11 of 18 entries say "Restated". Latest entry: FY2026.
Asti moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 11 of 29 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The industries of the four-wheel vehicle, motorcycle and consumer industrial equipment suppliers that are major customers of our group are each entering a period of significant change.」
The industries served by the automotive, motorcycle and consumer industrial equipment businesses are each described as being in a period of significant change, showing the continuing and more specific nature of the existing industrial structural change risk. - FY2025-H1WorsenedAnnual report
「The business environment was particularly challenging due to stagnant domestic automobile production stemming from inspection issues that began at the end of the previous fiscal year, sluggish consumption growth amid an economic slowdown in China, and depressed procurement prices resulting from overproduction of electric vehicles.」
In addition to structural changes in the automotive industry, stagnant domestic production, excess Chinese EV production and weak procurement prices are explicitly identified as current business environment conditions, making the challenges more specific. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2024-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2022WorsenedAnnual report
「当社グループを取り巻く経営環境については、新型コロナウイルス感染症の蔓延に加えウクライナ情勢を起点とした世界経済の分断、地球環境問題を背景とした四輪車・二輪車の電動化への急速な動きなど刻々と変化しております。」
In addition to the structural changes in the automotive industry, the fragmentation of the global economy caused by the situation in Ukraine and rapid progress toward electrification are explicitly identified as changes in the business environment. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2021WorsenedAnnual report
「The business environment surrounding our group is changing by the day, with factors including the fragmentation of the global economy caused by the spread of COVID-19 and the rapid shift toward vehicle and motorcycle electrification against the backdrop of global environmental issues.」
In addition to the existing major transformation in the automotive industry, the fragmentation of the global economy and rapid progress toward electrification are explicitly identified as changes in the business environment. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2021-Q1WorsenedAnnual report
「In Japan's economy, demand in the industries surrounding our company has also fallen sharply due to the curtailment of business activities accompanying the declaration of a state of emergency and sluggish personal consumption, and uncertainty about the outlook continues.」
The business environment, including the automotive industry, is described as having experienced a sharp decline in demand due to curtailed business activities and sluggish personal consumption caused by the pandemic, explicitly indicating an actual decline in demand in addition to the existing changes in the industrial structure. - FY2020WorsenedAnnual report
「The business environment surrounding our group has become extremely difficult to manage, with conditions arising in addition to the existing challenges of the plateau in the domestic market and major transformation in the automotive industry, including a decline in global demand caused by the spread of COVID-19 and weak sales of automobiles and motorcycles.」
In addition to the existing plateau in the domestic market and transformation in the automotive industry, the disclosure states that the pandemic caused a decline in global demand and weak automobile and motorcycle sales. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of changes in the business environment driven by major transformation in the automotive industry as involving no new occurrence or material change has continued. - FY2019First statedAnnual report
「The business environment surrounding our group includes various challenges, such as the trend toward a plateau in the domestic market, major transformation in the automotive industry and slowing growth in the Chinese market against the backdrop of US-China economic friction, putting management in an extremely difficult situation.」
Major transformation in the automotive industry was explicitly identified for the first time as a business environment challenge alongside the plateau in the domestic market and slowing growth in the Chinese market.