Moderate global expansion of the automotive industry
First written in FY2017-Q1. 6 of 18 entries say "Restated". Latest entry: FY2026.
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- FY2026Expansion of the aftermarket alongside intensifying competitionAnnual report
「In the aftermarket, the global vehicle fleet has continued to grow and the market has expanded, but competition with manufacturers in emerging markets, particularly China, has intensified.」
The expansion of the aftermarket driven by growth in the global vehicle fleet was noted, alongside intensified competition with manufacturers in emerging markets, particularly China. - FY2023Stagnating new-vehicle demand alongside progress in vehicle electrificationAnnual report
「New-vehicle demand has stagnated even in the United States, which has a robust economic environment, and in emerging markets such as China and India, which had continued to grow moderately. Meanwhile, as technological innovation progresses in new areas of the automotive industry known as CASE, namely Connected, Autonomous, Shared & Services, and Electric, the share of environmentally friendly vehicles such as electric vehicles is increasing.」
While stagnating new-vehicle demand in the United States, China and India was noted, technological innovation in the CASE areas and the rising share of electric vehicles and other such vehicles were explicitly identified for the first time. - FY2022MitigatedAnnual report
「Across the Group, demand continued to recover generally, and we also advanced the development of new products, including electric water pumps, and expanded sales channels in Korea.」
The continued general recovery trend in automotive-related demand, which had declined due to COVID-19, was noted. - FY2022-Q3RestatedAnnual report
「Demand affected by COVID-19 has been on a recovery trend since the second half of the previous fiscal year」
The explanation that automotive-related demand has been recovering since the second half of the previous fiscal year was retained. - FY2022-Q2MitigatedAnnual report
「Demand affected by COVID-19 has been on a recovery trend since the second half of the previous fiscal year」
It was reported that automotive-related demand has continued to recover since the second half of the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「Demand has been on a recovery trend since the second half of the previous fiscal year, and sales also increased.」
It was reported that automotive-related demand, which had declined due to COVID-19, began to recover in the second half of the previous fiscal year, with sales increasing. - FY2021-Q3MitigatedAnnual report
「From the third quarter onward, automobile parts demand has been recovering following the easing of activity restrictions in Japan and overseas, although conditions have varied by region. Production and sales in both the new-vehicle parts and replacement parts markets have recovered, but the outlook remains uncertain against the backdrop of renewed infections and other factors.」
The situation shifted from declining demand and production adjustments caused by the spread of COVID-19 to a recovery trend in automotive parts demand, production and sales. However, regional differences and uncertainty over the outlook remain. - FY2021-Q2WorsenedAnnual report
「Due to the global spread of COVID-19, production adjustments were made in the new-vehicle parts market in response to the worldwide decline in demand for vehicle sales」
The factors affecting the business expanded from the previous stagnation in demand to a worldwide decline in demand for vehicle sales and production adjustments resulting from COVID-19. - FY2021-Q1WorsenedAnnual report
「Although sales of electric water pumps increased at consolidated subsidiary GMB KOREA CORP., sales of valve spools in the new-vehicle parts market and tensioners, idlers and bearings in the overseas aftermarket declined due to the spread of COVID-19. As a result, sales were ¥8,498 million, down 6.2% year on year.」
The spread of COVID-19 led to lower sales of new-vehicle parts and overseas aftermarket parts in Korea, and the impact of stagnating automotive-related demand continued. - FY2020WorsenedAnnual report
「Signs of weakness have begun to emerge in new-vehicle demand, with demand stagnating in the United States and new-vehicle sales declining year on year in China and India, which had expanded their growth in recent years.」
In addition to the previously noted decline in demand in China and increase in electric-vehicle sales, stagnating or declining new-vehicle demand in the United States, China and India was reported. - FY2019Expansion alongside declining demand in China and rising electric-vehicle salesAnnual report
「Although new-vehicle demand has stagnated in the United States and new-vehicle sales in China have declined year on year, the global market has continued on a moderate growth trajectory, supported by increased demand in emerging markets such as India and higher electric-vehicle sales compared with the previous year.」
The moderate global expansion was maintained, while declining or stagnating demand in the United States and China was presented alongside increased demand in emerging markets such as India and higher electric-vehicle sales. - FY2018RestatedAnnual report
「In the automotive industry, although new-vehicle demand has stagnated in the United States, new-vehicle sales have grown in emerging markets including China, and the industry has continued on an expansionary trajectory while incorporating new technologies such as environmental technologies and autonomous driving.」
The expansionary trend continued despite stagnating new-vehicle demand in the United States, supported by growing new-vehicle sales in emerging markets such as China and the introduction of new technologies. - FY2018-Q2RestatedAnnual report
「Although new-vehicle demand has stagnated in the United States and China, the automotive industry has continued on an expansionary trajectory while incorporating new technologies such as environmental technologies and autonomous driving.」
The expansionary trend in the automotive industry continued, despite stagnating new-vehicle demand in the United States and China and the adoption of new technologies such as environmental technologies and autonomous driving. - FY2018-Q1Expansion alongside stagnating demand in the United States and ChinaAnnual report
「Although new-vehicle demand has stagnated in the United States and China, the automotive industry has continued on an expansionary trajectory while incorporating new technologies such as environmental technologies and autonomous driving.」
The global expansion of the automotive industry was maintained, while a reference was added to stagnating new-vehicle demand in the United States and China. - FY2017RestatedAnnual report
「In the automotive industry, the global market has continued to expand, with new-vehicle sales remaining strong in markets including China and Europe, while incorporating new technologies such as environmental technologies and autonomous driving.」
The global automotive industry's expansion continued, supported by strong new-vehicle sales in China and Europe, with references added to new technologies such as environmental technologies and autonomous driving. - FY2017-Q3RestatedAnnual report
「In the automotive industry, the global market has continued to expand, with new-vehicle sales remaining strong in markets including China and Europe.」
The global expansion of the automotive industry continued, supported by strong new-vehicle sales in China and Europe. - FY2017-Q2RestatedAnnual report
「In the automotive industry, the global market has continued to expand, with new-vehicle sales remaining strong in markets including China, India and Europe.」
The global expansion of the automotive industry continued, supported by strong new-vehicle sales in China, India and Europe. - FY2017-Q1First statedAnnual report
「In the automotive industry, the global market has continued on a moderate growth trajectory, with demand in emerging markets showing signs of recovery.」
Despite uncertainty in the macroeconomic environment, automotive demand was described as continuing on a moderate global growth trajectory.