Dependence on Automotive Industry Demand Trends

「タイの自動車販売の低迷および国内のトランスミッション部品の一時的な減少により、予想および前年同期比較でともに減収となりました。」

「During the interim consolidated accounting period, sales in China were on a recovery trend, driven by growth in air suspension components. However, sluggish automobile sales in Thailand and a temporary decline in domestic transmission component sales resulted in declines in revenue both from the forecast and from the same period of the previous year.」

「Although sales declined due to sluggish domestic vehicle sales in Thailand and sluggish sales of Japanese vehicles in China, the decline in sales was limited by growing orders for products other than pulleys in China and expansion of transmission parts and other products in Japan.」

「タイでの国内自動車と中国での日系自動車の販売低迷による売上減少はありましたが」

「During the interim consolidated accounting period under review, sales declined slightly both year on year and versus the forecast, as pulley sales fell due to sluggish vehicle sales in Thailand and the expansion of electric vehicles in China, although growth in domestic transmission sales and other factors limited the decline.」

「The group’s operating results and financial position may be materially affected by future economic conditions; changes in U.S. tariff policy; higher energy prices and inflation resulting from conflicts occurring around the world; the economic policies of various countries; trends in automobile production volumes; trends in vehicle hybridization and electrification; trends in the management policies of automakers and other companies; and conditions in the Japanese and Asian markets, where the group has production and sales bases.」

「Sales declined slightly against the forecast due to sluggish domestic vehicle sales in Thailand and weak sales of Japanese vehicles in China, which lagged behind the rapid shift toward vehicle electrification in China.」

「Our group will develop and expand sales of automotive parts other than pulleys, including transmission parts, xEV parts and motor core parts, while also pursuing entry into industries other than automotive parts.」

「In the automotive industry during the consolidated fiscal year under review, global production in 2021 reached 80.14 million units, up 3% year on year, due to the impact of supply chain disruptions, semiconductor supply shortages and soaring raw material prices.」

「The automotive industry was also affected by the spread of COVID-19 and supply constraints, including semiconductor shortages, as well as higher prices for component raw materials and downside economic risks. Domestic vehicle sales declined 19.3% year on year in the third quarter accounting period amid conditions influenced by the spread of the infection.」

「The automotive industry was also affected by declining personal consumption as COVID-19 persisted and by lower production due to the semiconductor shortage. Domestic vehicle sales improved, increasing 23.8% year on year in the first quarter accounting period, but declined 14.9% year on year in the second quarter accounting period.」

「In the automotive industry, domestic vehicle sales increased 23.8% year on year as demand for both registered vehicles and kei cars recovered from the previous fiscal year’s low levels.」

「Final domestic vehicle sales for fiscal 2020 were 4.65 million units, below 5 million units.」

「The automotive industry was also affected by stagnant demand due to the global spread of COVID-19. Domestic vehicle sales had declined sharply by 22.6% year on year in the second quarter cumulative period, but increased 14.6% year on year in the third quarter accounting period, representing a substantial improvement.」

「The automotive industry was also affected by stagnant demand due to the global spread of COVID-19. Domestic vehicle sales declined sharply by 31.8% year on year in the first quarter accounting period, but the decline narrowed to 14.6% year on year in the second quarter accounting period, a substantial improvement of 17.2 percentage points, although a full-scale recovery in demand had not yet been achieved.」

「Demand stagnated due to the global spread of COVID-19, and domestic vehicle sales declined sharply by 31.8% year on year.」

「In the automotive industry, domestic vehicle sales declined sharply during the third quarter accounting period, mainly due to the reactionary decline following the front-loaded demand ahead of the consumption tax rate increase in October, resulting in a 1.7% decline from the same cumulative period of the previous year.」

「In the automotive industry, domestic vehicle sales increased 5.6% year on year because sales of both registered vehicles and kei cars were strong.」

「In the automotive industry, strong kei car sales have continued, and domestic vehicle sales increased 2.8% year on year.」

「In the automotive industry, strong kei car sales have continued, and the increase in domestic vehicle sales widened to 2.1% year on year, reaching 6.4% year on year in particular during the third quarter accounting period.」

「In the automotive industry, although demand for registered vehicles remained sluggish, domestic vehicle sales were flat year on year because kei car sales were strong.」

「In the automotive industry, domestic vehicle sales declined slightly year on year due to sluggish demand for registered vehicles.」

「In the automotive industry, strong kei car sales continued, and domestic vehicle sales increased 4.4% year on year.」

「In the automotive industry, in addition to strong demand for registered vehicles, kei car sales also recovered, resulting in a 7.7% year-on-year increase in domestic vehicle sales and the first increase for a first half in 5 years.」

「In the automotive industry, domestic vehicle sales increased year on year, driven by strong demand for registered vehicles and a recovery in kei car demand from the previous fiscal year’s low levels.」

「Although kei car sales remained sluggish due to the lingering impact of the kei car tax increase, domestic vehicle sales turned to a year-on-year increase for the first time in 3 years, reaching 5.07 million units, partly because sales of registered vehicles were strong.」

「In the automotive industry, demand for kei cars remained sluggish, but domestic vehicle sales turned to a 0.9% year-on-year increase, rising 4.9% year on year in particular during the third quarter accounting period.」

「In the automotive industry, domestic automotive sales volumes declined year on year due to sluggish demand for kei cars, marking the fourth consecutive year of decline.」

「In the automotive industry, domestic unit sales declined year on year due to sluggish demand for kei cars.」

「The group’s operating performance and financial position may be materially affected by future economic conditions, economic policies in various countries, trends in automotive production volumes, the shift toward hybrid and electric vehicles, the policies of individual automakers and other companies, and trends in the Japanese and Asian markets, where the group has production and sales bases.」