Revenue decline resulting from the shift to environmentally friendly engines
First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2026.
Tanaka Seimitsu Kogyo moved to the "Worse" side of this theme in 2017.
The whole theme swung hardest in 2017: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In particular, declining demand for products related to internal-combustion engines and the acceleration of major customers' electrification policies mean that the Group's core automotive parts manufacturing business is entering a period of structural transition.」
The risk of declining demand for internal-combustion engine-related products is described more clearly as a period of structural business transition accompanied by the acceleration of major customers' electrification policies. - FY2024RestatedAnnual report
「Decarbonization, in particular among environmental issues, is expected to cause a long-term decline in social demand for engine component manufacturing within the Group's core automotive parts manufacturing business, its core business and product. (Rocker arm assemblies accounted for approximately 60.3% of consolidated revenue in the fiscal year ended March 2024.)」
The long-term decline in demand for engine components associated with decarbonization continues to be identified as a risk, with the Group's dependence on rocker arm assemblies shown at approximately 60.3%. - 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.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines and decarbonization. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines and decarbonization. - 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.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines and decarbonization. - FY2022WorsenedAnnual report
「Decarbonization, in particular among environmental issues, is expected to cause a long-term decline in social demand for engine component manufacturing within the Group's core automotive parts manufacturing business, its core business and product. (Rocker arm assemblies accounted for approximately 58.6% of consolidated revenue in the fiscal year ended March 2022.)」
The risk associated with the transition to environmentally friendly engines and electrification is explicitly described as a long-term decline in demand for engine components due to decarbonization, and the revenue share of rocker arm assemblies is quantified. - 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.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2022-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2021WorsenedAnnual report
「The Group will pursue the evolution of its existing aluminum die-casting technologies, the development and expansion of sales channels for lightweight components using those technologies, and the development of elemental technologies and manufacturing technologies for high-efficiency motors.」
In response to the risk of dependence on internal-combustion engine components, the need to develop lightweight components and high-efficiency motor technologies is becoming more prominent, based on the assumption of a rapid shift toward electrification and new power sources. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure continues to state that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2020-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It is stated that no new risks or material changes have arisen regarding the risk of revenue declining due to the transition to environmentally friendly engines. - FY2018WorsenedAnnual report
「The automotive industry, in which the Group operates, is expected to undergo rapid changes in automotive needs and values as it addresses global environmental issues, including the rapid expansion of electrification, the increasing intelligence of vehicles through autonomous driving and connected cars linked to social infrastructure via the internet, and the expansion of car-sharing services as ownership gives way to shared use.」
In addition to the previous transition to environmentally friendly engines, the disclosure explicitly identifies the rapid expansion of electrification and shared vehicle use, broadening the range of environmental changes affecting existing engine components. - FY2018-Q3RestatedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material change has been identified in the risk of revenue declining due to the transition to environmentally friendly engines. - FY2018-Q2RestatedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material change has been identified in the risk of revenue declining due to the transition to environmentally friendly engines. - FY2017WorsenedAnnual report
「The transition to environmentally friendly engines, including electrification, is accelerating as the industry addresses global warming and the need to reduce its environmental impact.」
In addition to the transition to environmentally friendly engines, the disclosure identifies an accelerating shift that includes electrification, increasing the factors affecting existing engine components. - FY2016First statedAnnual report
「The transition by major customers to new environmentally friendly engines to improve fuel efficiency is expected to result in a downward trend in revenue.」
The expected revenue decline associated with major customers' transition to new engines is discussed in the context of addressing it through sales activities and rationalization measures.