Increase in New Vehicle Preparation Costs in the Japan Segment
First written in FY2017-Q3. 3 of 11 entries say "Dropped", first in FY2018. Latest entry: FY2025.
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- FY2025DroppedAnnual reportThe FY2025 annual securities report does not list increased new vehicle preparation costs or new vehicle launch-related losses in the Japan segment as separate performance factors.
- FY2023-Q3RestatedAnnual report
「Losses associated with new vehicle launches have continued in some areas.」
Losses associated with new vehicle launches have continued in some areas and are contributing to the operating loss, including the Japan segment. - FY2023-Q2Re-emergence of losses from new-vehicle launchesAnnual report
「The operating loss was ¥693 million, compared with operating profit of ¥607 million in the same period of the previous year, due mainly to losses associated with fluctuations in customers' production, soaring raw material and energy costs, higher costs of imported products resulting from foreign exchange effects in the Japan segment, losses during new-vehicle launches and other factors.」
Losses associated with new vehicle launches are again explicitly identified as a factor behind the consolidated operating loss, including the Japan segment. - FY2020DroppedAnnual reportThe FY2020 annual report does not identify higher preparation costs for new vehicle models in the Japan segment as a standalone performance risk.
- FY2020-Q1WorsenedAnnual report
「The segment loss was ¥216 million, compared with a segment loss of ¥36 million in the same period of the previous year, due mainly to the impact of lower sales and the recording of preparation costs for new vehicle models scheduled to launch in the second quarter.」
Preparation costs for new vehicle models continued to contribute to the loss in the Japan segment, and the loss widened from ¥36 million in the same period of the previous year to ¥216 million. - FY2019MitigatedAnnual report
「Segment profit was ¥1,507 million, up 14.2% from the previous consolidated fiscal year, due mainly to the effects of launching new vehicle models.」
Rather than preparation costs for new vehicle models, which had been cited through the previous quarter as a factor depressing profit, the effects of launching new vehicle models were cited as a factor supporting full-year profit. - FY2019-Q2RestatedAnnual report
「The segment recorded a loss of ¥30 million, compared with segment profit of ¥437 million in the same period of the previous year, due to preparation costs for new vehicle models launching at the start of the second quarter and the impact of the torrential rains in western Japan, among other factors.」
Preparation costs for new vehicle models continued to be cited as a factor depressing profit in the Japan segment, which turned from profit in the same period of the previous year to a loss. - FY2019-Q1Risk re-emergesAnnual report
「Operating profit was ¥46 million, down 76.7% year on year, due mainly to preparation costs for new vehicle models scheduled to launch in the second quarter in the Japan segment.」
Preparation costs for new vehicles, which were not disclosed separately in the FY2018 annual report, were again cited this quarter as a factor depressing operating profit, under the description of preparation costs for new vehicle models. - FY2018DroppedAnnual reportThe FY2018 securities report does not identify higher preparation costs for new vehicles associated with model changes in the Japan segment as a standalone performance risk.
- FY2017WorsenedAnnual report
「Segment profit was ¥1,826 million, down 25.4% year on year, due mainly to the impact of higher preparation costs for new vehicles associated with model changes, among other factors.」
Higher preparation costs for new vehicles associated with model changes remained a factor depressing full-year profit in the Japan segment, and profit fell 25.4% year on year. - FY2017-Q3First statedAnnual report
「Segment profit was ¥864 million, down 39.7% year on year, due mainly to the impact of higher preparation costs for new vehicles associated with model changes.」
The increase in preparation costs for new vehicles associated with model changes is cited as a factor depressing profit in the Japan segment.