Automakers' Requests for Price Cuts and Intensifying Competition
First written in FY2016. 8 of 11 entries say "Restated". Latest entry: FY2026.
Denso moved to the "Worse" side of this theme in 2026, 3 years 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".
- FY2026WorsenedAnnual report
「Competitors exist globally, including emerging automotive-parts manufacturers, some of which offer products at lower cost than the consolidated companies. Furthermore, against the backdrop of the increasing use of automotive electronics, consumer electronics manufacturers and emerging companies using AI technology may enter the market, while alliances and consolidation among existing competitors may advance.」
Regarding pricing-competition risk, the disclosure identifies not only low-cost emerging parts manufacturers but also the entry of emerging companies using AI technology, thereby broadening the competitive landscape. - FY2025RestatedAnnual report
「Price competition in the automotive industry has become extremely severe. In particular, requests from automakers for price reductions have intensified in recent years.」
Requests for price reductions from automakers and intensifying competition with low-cost competitors and consumer electronics manufacturers, among others, continue to be identified as risks. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risks of requests for price reductions from automakers and intensifying competition. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risks of requests for price reductions from automakers and intensifying competition. - FY2019WorsenedAnnual report
「Furthermore, as automotive electronics continue to advance, new competitors, including consumer electronics manufacturers, and alliances among existing competitors may emerge and rapidly acquire a significant share of the market.」
In addition to competition among conventional automotive-parts manufacturers, the disclosure additionally identifies the emergence of new competitors, including consumer electronics manufacturers, and alliances as risks. - FY2018RestatedAnnual report
「Price competition in the automotive industry has become extremely severe. In particular, requests from automakers for price reductions have intensified in recent years.」
The risks of requests for price reductions from automakers and intensifying competition are reiterated. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risks of requests for price reductions from automakers and intensifying competition. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risks of requests for price reductions from automakers and intensifying competition. - FY2017RestatedAnnual report
「Price competition in the automotive industry has become extremely severe. In particular, requests from automakers for price reductions have intensified in recent years.」
Requests for price reductions from automakers and intensifying competition continue to be identified as risks. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no new occurrences or material changes regarding the risks of price competition and requests for price reductions from automakers. - FY2016First statedAnnual report
「Price competition in the automotive industry has become extremely severe. In particular, requests from automakers for price reductions have intensified in recent years.」
The disclosure describes intensifying requests for price reductions from automakers in recent years, in addition to existing pricing pressure.