Intensifying competition in the automotive industry due to increased market entry and accelerated development
First written in FY2018. 13 of 20 entries say "Restated". Latest entry: 2026-08-07.
Asti moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 8 of 10 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedFinancial results
「To concentrate management resources on other businesses amid expectations of further intensifying competition in the Chinese market, we decided to transfer the equity interests in our Chinese subsidiary, Zhejiang Yashi Di Electronic Co., Ltd., to a Chinese domestic company.」
The company indicated that competition in the Chinese market is expected to intensify, leading it to concentrate management resources on other businesses. - FY2026WorsenedAnnual report
「The slowdown in China’s economy due to reduced exports from China to the United States, lower demand resulting from population decline, and intensified domestic price competition」
Reduced exports from China, lower demand resulting from population decline, and intensified domestic price competition have materialised as a deterioration in the competitive and demand environment. - 2026-05-28WorsenedGeneral Meetings of Shareholders
「The stagnation of the Chinese economy due to lower demand caused by population decline and intensifying price competition within China」
Lower demand resulting from population decline and intensifying price competition within China were explicitly identified as factors affecting the business environment during the consolidated fiscal year. - FY2026-H1WorsenedAnnual report
「In China, reduced exports to the United States have intensified domestic price competition. Combined with demand reaching a plateau due to population decline, this has resulted in extremely challenging conditions.」
Regarding the risk of intensifying competition in the automotive and EV-related sectors, intensified domestic price competition in China stemming from reduced exports to the United States and demand reaching a plateau have materialised as a challenging business environment. - FY2025-H1WorsenedAnnual report
「The business environment surrounding the company was particularly challenging due to sluggish consumption growth amid an economic slowdown in China and depressed procurement prices resulting from overproduction of electric vehicles.」
In addition to the existing concern over intensifying competition, overproduction and excessive competition in China’s EV market have materialised as depressed procurement prices and deteriorating profitability in the wire harness business. - FY2024WorsenedAnnual report
「The operating environment surrounding the Group is expected to remain challenging, due to a sharp rise in the cost of materials and overseas production expenses resulting from the rapid depreciation of the yen, as well as intensified price competition accompanying the resumption of international travel and movement.」
In addition to the previously identified transformation and intensifying competition in the automotive industry, the company explicitly identifies intensified price competition accompanying the resumption of international travel and movement. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The treatment of the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - FY2021-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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - 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 the risk of intensifying competition in the automotive industry due to increased market entry and accelerated development remains unchanged, with no new occurrence or material change. - FY2019-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 the risk of intensifying competition in the automotive industry remains unchanged, with no new occurrence or material change. - FY2018First statedAnnual report
「Although robust growth is expected in the automotive industry, competition is expected to intensify further due to an increase in market entrants and accelerated development speeds.」
The company identifies increased market entry and accelerated development speeds as environmental factors requiring a response because they are intensifying competition in the automotive industry.