Diversification of Automotive Value through Safety, Autonomous Driving and Connected Cars, and Entry by Companies from Other Industries
First written in FY2017. 14 of 19 entries say "Restated". Latest entry: FY2026.
Tanaka Seimitsu Kogyo moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「We are moving away from a business structure centered on conventional internal-combustion-engine-related components and pursuing a shift to a business portfolio that balances profitability and growth, based on the areas of “New/Next Generation,” “Growth Drivers,” “Foundation/Development” and “Value Reconstruction.”」
The response to changes in automotive value driven by electrification, automation and AI, among other factors, is explicitly presented as a shift away from an internal-combustion-engine-centered business structure and a portfolio transformation. - FY2024RestatedAnnual report
「HONDA MOTOR CO.,LTD., the Company’s major customer, has announced a target of zero sales of four-wheeled vehicles equipped with engines in 2040, and long-term declines in demand for engine components for the Honda Group are expected.」
Changes in the value of automobiles driven by electrification, CASE and MaaS, among other factors, and the major customers' target of zero sales of engine-powered vehicles in 2040 continue to be disclosed as risks. - 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.」
The disclosure states that there have been no new risks or significant changes regarding the risks associated with vehicle electrification, intelligence and shared mobility, as well as entry by companies from other industries. - FY2024-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no new risks or significant changes regarding the risks associated with vehicle electrification, intelligence and shared mobility, as well as entry by companies from other industries. - 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.」
The disclosure states that there have been no new risks or significant changes regarding the risks associated with vehicle electrification, intelligence and shared mobility, as well as entry by companies from other industries. - FY2022WorsenedAnnual report
「HONDA MOTOR CO.,LTD., the Company’s major customer, has announced a target of zero sales of four-wheeled vehicles equipped with engines in 2040, and long-term declines in demand for engine components for the Honda Group are expected.」
Changes in automotive value driven by electrification, CASE, MaaS and digitalization are described in connection with the major customer’s specific policy of achieving zero sales of engine-equipped four-wheeled vehicles in 2040 and the long-term decline in demand for engine components. - 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.」
The Company states that there have been no new risks or material changes relating to the electrification, increasing intelligence and shared use of automobiles and to entry by companies from other industries. - FY2022-Q2RestatedAnnual report
「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the electrification, increasing intelligence and shared use of automobiles and to entry by companies from other industries. - FY2021WorsenedAnnual report
「Rapid electrification, increasing vehicle intelligence through autonomous driving and connected cars that link vehicles to social infrastructure via the internet, and the expansion of shared use as an alternative to vehicle ownership are driving rapid changes in automotive needs and values. As a result, conventional products are rapidly becoming commoditized, and competition in mechanical products is shifting from production technology focused on creating new functions and added value to mass production focused on cost.」
In addition to the previously identified trends of autonomous driving, connected cars and entry by companies from other industries, the Company explicitly cites electrification, shared use, commoditization of existing products and a shift toward price competition, indicating an expansion in the scope and speed of environmental change. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The treatment of risks relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries as involving no new risks or material changes has continued. - FY2021-Q2RestatedAnnual report
「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2021-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2020-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2019-Q2RestatedAnnual report
「During the current second-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2019-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new risks or material changes relating to the diversification of automotive value through safety, autonomous driving and connected cars and to entry by companies from other industries. - FY2018WorsenedAnnual report
「The automotive industry is expected to undergo rapid changes in needs and values relating to automobiles, including the rapid expansion of electrification in response to global environmental issues, the increasing intelligence of vehicles through autonomous driving and connected cars that link them to social infrastructure via the internet, and the expansion of car-sharing services as ownership shifts toward shared use.」
The description has expanded to state that changes in automotive value, including safety, autonomous driving, connected cars, electrification and car sharing, are advancing rapidly. - FY2017First statedAnnual report
「The value demanded of automobiles is also diversifying. While collision-avoidance functions that improve safety and autonomous-driving technology using AI (artificial intelligence) are making significant advances, entry by companies from other industries into connected-car technologies that link vehicles to social infrastructure via the internet is also expanding.」
The progress of collision avoidance, autonomous driving and connected cars, together with entry by companies from other industries, is described as a new environmental change surrounding the automotive parts business.