Changes in Sales Mix Due to US Model Changeover
First written in FY2017-Q1. 10 of 27 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
Tanaka Seimitsu Kogyo moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In the Parts Manufacturing Business, revenue increased through the consolidation of 米谷製作所 and orders for xEV parts, but the impact of lower revenue in North America resulted in revenue of ¥32,938 million, up 8.6% year on year, and segment profit of ¥1,744 million, down 15.5% year on year.」
The main factors driving earnings fluctuations have shifted from the previously cited changes in the sales mix accompanying a US model change to changes in the product mix in North America, revenue declines and new launch costs. - 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 treatment of risks in the US business as involving no new risks or material changes has continued, although the focus has shifted from changes in the sales mix accompanying a US model change to supply chain disruptions and other factors. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The treatment of risks in the US business as involving no new risks or material changes has continued, although the focus has shifted from changes in the sales mix accompanying a US model change to supply chain disruptions and other factors. - FY2023-Q1ReframedAnnual report
「Net sales were ¥7,068 million, up 2.3% year on year, due to the expansion of the mobility business and the foreign currency translation effect, despite lower sales resulting from production adjustments by customers due to supply chain disruptions.」
The decline in revenue is attributed to customer production adjustments caused by supply chain disruptions, rather than changes in the sales mix accompanying a US model change, indicating a further shift in the focus of the previously identified risks. - FY2022ReframedAnnual report
「In the U.S., although customers adjusted production due to the semiconductor shortage and other factors, the foreign-exchange translation effect brought revenue to ¥8,455 million, up 0.4% from the previous fiscal year. In terms of profit and loss, although efforts to reduce costs across the board continued, production cuts resulting from the aforementioned production adjustments resulted in a segment loss of ¥348 million (segment loss of ¥178 million in the previous fiscal year).」
The stated focus of the factors behind fluctuations in U.S. revenue shifted from changes in the sales mix associated with model changes to customer production adjustments and production cuts due to the semiconductor shortage and other factors. - FY2022-Q3WorsenedAnnual report
「② U.S. Customer production adjustments due to the semiconductor shortage and other factors brought revenue to ¥5,668 million, down 5.0% year on year. In terms of profit and loss, although efforts to reduce costs across the board continued, production cuts resulting from the aforementioned production adjustments resulted in a segment loss of ¥439 million (segment loss of ¥24 million in the same quarter of the previous year).」
The factor behind the decline in U.S. revenue shifted from model changes to customer production adjustments due to the semiconductor shortage and other factors. Revenue declined 5.0% year on year, and the segment loss widened from ¥24 million to ¥439 million. - FY2022-Q2ReframedAnnual report
「② U.S. Although customers adjusted production due to the semiconductor shortage and other factors, the foreign-exchange translation effect brought revenue to ¥3,741 million, up 3.3% year on year. In terms of profit and loss, although efforts to reduce costs across the board continued, production cuts resulting from the aforementioned production adjustments resulted in a segment loss of ¥195 million (segment loss of ¥188 million in the same quarter of the previous year).」
Customer production adjustments due to the semiconductor shortage and other factors, rather than changes in the sales mix associated with model changes, were identified as the main factor behind fluctuations in U.S. revenue and profit and loss. Revenue increased due to the foreign-exchange translation effect, but the segment loss widened. - FY2022-Q1MitigatedAnnual report
「② U.S. revenue increased to ¥1,890 million, up 88.7% year on year, due to higher orders resulting from the economic recovery. In terms of profit and loss, although efforts to reduce costs across the board continued and higher revenue had a positive effect, the segment posted a loss of ¥92 million (segment loss of ¥409 million in the same quarter of the previous year).」
In the U.S., the stated focus shifted from lower revenue due to model changes and the economic downturn to higher orders resulting from the economic recovery. Revenue increased 88.7% year on year, and the segment loss narrowed from ¥409 million to ¥92 million. - FY2021ReframedAnnual report
「In the U.S., revenue was ¥8,418 million, down 20.9% from the previous fiscal year, due to lower orders resulting from the economic downturn and other factors. In terms of profit and loss, although efforts were made to reduce costs across the board, the previously mentioned impact of lower revenue resulted in a segment loss of ¥178 million (segment income of ¥186 million in the previous fiscal year).」
The stated focus of the factors behind lower U.S. revenue has shifted from changes in the sales mix associated with model changes to lower orders resulting from the economic downturn and other factors. - FY2021-Q3RestatedAnnual report
「② U.S. revenue was ¥5,964 million, down 26.9% year on year, due to lower orders resulting from the economic downturn and other factors. In terms of profit and loss, although efforts were made to reduce costs associated with production adjustments, the previously mentioned impact of lower revenue resulted in a segment loss of ¥24 million (segment income of ¥227 million in the same period of the previous year).」
The factor behind the decline in U.S. revenue continued to be identified as lower orders resulting from the economic downturn and other factors, rather than model changes. U.S. revenue declined 26.9% year on year, and the segment shifted from profit in the same period of the previous year to a loss. - FY2021-Q2RestatedAnnual report
「Under these conditions, lower orders resulting from the economic downturn and other factors brought revenue to ¥10,868 million, down 36.2% year on year.」
Rather than changes in the sales mix associated with U.S. model changes, lower orders resulting from the economic downturn and other factors continued to be identified as a factor behind the decline in revenue. - FY2021-Q1Shift from lower revenue due to model changes to lower orders due to the economic downturnAnnual report
「② U.S. Revenue was ¥1,001 million, down 65.7% year on year, due to lower orders resulting from the economic downturn and other factors. In terms of profit and loss, although efforts were made to reduce costs associated with production adjustments, the previously mentioned impact of lower revenue resulted in a segment loss of ¥409 million (segment income of ¥93 million in the same period of the previous year).」
Rather than changes in the sales mix associated with model changes, lower orders resulting from the economic downturn and other factors were identified as the factor behind the decline in U.S. revenue in the current quarter. - FY2020-Q3Benefit from new vehicle launches coexists with lower revenue from other rocker armsAnnual report
「② U.S. Although rocker-arm applications expanded as a result of new vehicle launches by major customers, lower revenue from other rocker arms brought revenue to ¥8,155 million, down 5.0% year on year.」
Although the expansion of rocker-arm applications resulting from new vehicle launches by major customers continued, lower revenue from other rocker arms caused U.S. revenue to decline 5.0% year on year. - FY2020-Q2Foreign-exchange translation effect offsets the benefit of new vehicle launchesAnnual report
「Although the application of rocker arms expanded following the launch of new models by a major customer, revenue was ¥5,585 million, down 1.9% year on year, due to the impact of foreign currency translation.」
As in the previous quarter, the disclosure cited expanded rocker-arm applications resulting from new vehicle launches by major customers, but U.S. revenue declined 1.9% year on year in the current quarter due to the foreign-exchange translation effect. - FY2020-Q1Shift from lower revenue due to model changes to higher revenue from new vehicle launchesAnnual report
「Revenue was ¥2,924 million, up 2.7% year on year, due to the expanded application of rocker arms resulting from the launch of new models by a major customer.」
Rather than the decline in revenue associated with model changes that had been explicitly cited through the previous quarter, the expansion of rocker-arm applications resulting from new vehicle launches by major customers was cited as a factor behind higher U.S. revenue in the current quarter. - FY2019-Q3MaterialisedAnnual report
「② U.S. revenue was ¥8,582 million, down 13.4% year on year, due to changes in the sales mix associated with model changes. In terms of profit and loss, the impact of lower revenue resulted in a segment loss of ¥88 million (segment income of ¥312 million in the same period of the previous year).」
Changes in the sales mix associated with U.S. model changes continued to be reflected in the results as a 13.4% year-on-year decline in U.S. revenue and a shift to a segment loss. - FY2019-Q2MaterialisedAnnual report
「Revenue was ¥5,695 million, down 16.1% year on year, due to changes in the sales mix associated with model changes. In terms of profit and loss, the impact of lower revenue resulted in a segment loss of ¥98 million (segment income of ¥432 million in the same period of the previous year).」
Changes in the sales mix associated with U.S. model changes continued to be reflected in the results as a 16.1% year-on-year decline in U.S. revenue and a shift to a segment loss. - FY2019-Q1MaterialisedAnnual report
「② U.S. revenue was ¥2,847 million, down 22.8% year on year, due to changes in the sales mix associated with model changes. In terms of profit and loss, the impact of lower revenue resulted in segment income of ¥2 million, down 99.5% year on year.」
Changes in the sales mix associated with U.S. model changes continued to be reflected in the results as a 22.8% year-on-year decline in U.S. revenue and a 99.5% decline in segment income. - FY2018Revenue decline bottoms out; recovery expectedAnnual report
「The decline in revenue associated with model changes in the U.S. is expected to bottom out in fiscal 2017, with revenue expected to increase thereafter through expanded applications of existing products and other measures.」
Although the revenue decline resulting from U.S. model changes was reflected in the current year's results, expectations for higher revenue through expanded applications of existing products and other measures, with fiscal 2017 as the bottom, were stated for the first time. - FY2018-Q3MaterialisedAnnual report
「② U.S. revenue was ¥9,910 million, down 24.7% year on year, due to changes in the sales mix associated with model changes. In terms of profit and loss, although the significant impact of lower revenue was felt, efforts to reduce fixed costs and other measures resulted in segment income of ¥312 million, down 82.4% year on year.」
Changes in the sales mix associated with U.S. model changes continued to be reflected in the results as a 24.7% year-on-year decline in U.S. segment revenue and lower profit. - FY2018-Q2MaterialisedAnnual report
「Although changes in the sales mix associated with model changes in the U.S. reduced revenue, the change in the fiscal year-end of the Thai subsidiary and the foreign-exchange translation effect, among other factors, increased revenue, bringing total revenue to ¥19,918 million, up 6.2% year on year.」
Changes in the sales mix associated with U.S. model changes were identified as a factor behind the decline in consolidated revenue. - FY2018-Q2MaterialisedAnnual report
「② United States: Revenue was ¥6,788 million, down 14.2% year on year. Although foreign currency translation increased revenue, changes in the sales mix associated with a model change resulted in a decline.」
Changes in the sales mix associated with U.S. model changes continued to be reflected in the results as a 14.2% year-on-year decline in U.S. segment revenue. - FY2018-Q1MaterialisedAnnual report
「U.S. revenue was ¥3,685 million, down 11.4% year on year, despite the increase in revenue from the foreign-exchange translation effect, due to changes in the sales mix associated with model changes.」
Changes in the sales mix associated with U.S. model changes were reflected in the quarter as an 11.4% year-on-year decline in U.S. segment revenue. - FY2017MaterialisedAnnual report
「Revenue was ¥39,752 million, down 2.2% from the previous fiscal year, due to changes in the sales mix associated with model changes in the U.S. and the foreign-exchange translation effect.」
Changes in the sales mix associated with U.S. model changes, together with the foreign-exchange translation effect, were reflected as factors behind the decline in full-year revenue. - FY2017-Q3MaterialisedAnnual report
「Revenue was ¥13,165 million, down 6.4% year on year, due to changes in the sales mix associated with model changes in the U.S.」
Changes in the sales mix associated with U.S. model changes were reflected in the results as a 6.4% year-on-year decline in U.S. segment revenue. - FY2017-Q2MaterialisedAnnual report
「U.S. revenue was ¥7,911 million, down 19.8% year on year, due to the foreign-exchange translation effect and changes in the sales mix associated with model changes.」
Changes in the sales mix associated with U.S. model changes were reflected in the results as a 19.8% year-on-year decline in U.S. segment revenue. - FY2017-Q1First statedAnnual report
「Revenue was ¥9,866 million, down 13.8% year on year, due to the impact of foreign currency translation and changes in the sales mix associated with a model change in the United States, among other factors.」
Changes in the sales mix associated with model changes in the U.S. were identified for the first time as a factor behind the decline in revenue for the quarter.