Demand decline following the peak in production of leisure-related products such as motorcycles and outboard motors
First written in FY2024-Q1. 2 of 5 entries say "Restated". Latest entry: FY2025-H1.
Asti 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: 36 of 68 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2025-H1WorsenedAnnual report
「The motorcycle and outboard motor markets, which are our main customer markets, continue to undergo inventory adjustments following strong orders during the COVID-19 pandemic.」
The motorcycle and outboard motor markets continue to undergo inventory adjustments following strong orders during the COVID-19 pandemic, indicating that the adjustment in leisure-related demand is ongoing. - FY2024WorsenedAnnual report
「Sales declined, primarily due to a significant decrease in sales of consumer industrial equipment resulting from weaker outdoor-related demand.」
The decline in leisure and outdoor-related demand for motorcycles, outboard motors and other products has materialized as lower sales of consumer industrial equipment and lower company-wide sales. - 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 demand and production environment risk relating to leisure-related production items such as motorcycles and outboard motors reaching a peak remains unchanged, with no new developments or material changes. - FY2024-Q2RestatedAnnual report
「In addition, as outdoor-related production items such as motorcycles and outboard motors reached a peak, our overall production fell slightly short of the initial plan.」
The company continues to disclose that production is below the initial plan as leisure- and outdoor-related production items such as motorcycles and outboard motors reach a peak. - FY2024-Q1First statedAnnual report
「In the automotive industry, production recovered as semiconductor supply constraints eased. However, as leisure-related production items such as motorcycles and outboard motors reached a peak, our overall production fell slightly short of the initial plan.」
The company discloses that production fell slightly below the initial plan due to leisure-related production items such as motorcycles and outboard motors reaching a peak, identifying this as a new demand and production environment risk.