Decline in Automotive Sales and Shift to an Operating Loss in Europe
First written in FY2018-Q2. 15 of 31 entries say "Mitigated", first in FY2020-Q3. Latest entry: 2026-08-03.
T.Rad moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 9 of 18 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026European revenue increased and profitability was maintained, but higher costs reduced earningsAnnual report
「Automotive sales increased year on year due to higher orders and other factors. As a result, segment revenue increased by ¥792 million year on year to ¥5,667 million. On a foreign-currency basis, revenue increased by 0.2%. Operating profit decreased by ¥11 million year on year to ¥35 million due to higher costs.」
In Europe, revenue increased due to higher automotive orders, and operating profit remained positive, but earnings declined due to higher costs. - FY2026-H1Lower sales and a narrower operating lossAnnual report
「Automotive sales declined year on year due to lower orders and other factors. As a result, segment revenue decreased by ¥147 million year on year to ¥2,483 million. On a foreign-currency basis, revenue decreased by 5.3%. Operating profit improved by ¥53 million year on year to an operating loss of ¥17 million.」
In Europe, revenue declined due to lower automotive orders, while the operating loss narrowed from ¥71 million in the same period of the previous year to ¥17 million. - FY2025WorsenedAnnual report
「Operating profit decreased by ¥50 million year on year to ¥46 million, mainly due to lower revenue and other factors.」
The European segment remained profitable, but operating profit declined from ¥97 million in the previous fiscal year to ¥46 million. Revenue also declined due to lower automotive orders in the Czech Republic and other factors. - FY2025-H1WorsenedAnnual report
「In the Czech Republic, automotive sales declined year on year due to lower orders and other factors. As a result, segment revenue decreased by ¥509 million year on year to ¥2,630 million. On a foreign-currency basis, revenue decreased by 19.1%. Operating profit decreased by ¥100 million year on year to an operating loss of ¥71 million, mainly due to lower revenue and other factors.」
In Europe, revenue decreased 19.1% on a foreign-currency basis due to lower automotive orders in the Czech Republic, and operating profit deteriorated from a profit in the same period of the previous year to a loss of ¥71 million. - FY2024-Q3MitigatedAnnual report
「Operating profit increased by ¥495 million year on year to ¥52 million, helped in part by the local government's electricity cost subsidy policy.」
The European segment moved from an operating loss of ¥442 million in the same period of the previous year to operating profit of ¥52 million, with the local government's electricity cost subsidy policy also contributing to improved profitability. - FY2024-Q2RestatedAnnual report
「Operating profit increased by ¥259 million year on year to ¥29 million, helped in part by the local government's electricity cost subsidy policy.」
The European segment continued to report operating profit after moving from an operating loss in the same period of the previous year, with the local government's electricity cost subsidy policy continuing to be cited as a factor improving profitability. - FY2024-Q1MitigatedAnnual report
「Operating profit increased by ¥312 million year on year to ¥72 million, helped in part by the local government's electricity cost subsidy policy.」
The European segment moved from an operating loss of ¥240 million in the same period of the previous year to operating profit of ¥72 million, with the local government's electricity cost subsidy policy also contributing to improved profitability. - FY2023-Q2WorsenedAnnual report
「Operating profit decreased by ¥257 million year on year to an operating loss of ¥229 million, mainly due to soaring material and component costs and other factors. On a foreign-currency basis, earnings declined 8.9%.」
In Europe, revenue increased, but operating profit declined due to soaring material and component costs and other factors, resulting in an operating loss. - FY2023-Q1WorsenedAnnual report
「Operating profit decreased by ¥294 million year on year to an operating loss of ¥240 million, mainly due to soaring material and component costs and other factors.」
The European segment moved from operating profit of ¥54 million in the same period of the previous year to an operating loss of ¥240 million, indicating deteriorating profitability due to soaring material and component costs and other factors. - FY2022MitigatedAnnual report
「Operating profit improved by ¥234 million year on year to an operating loss of ¥101 million, mainly due to a significant increase in revenue and other factors. On a foreign-currency basis, earnings increased 72.1%.」
The European segment remained in an operating loss, but the loss narrowed year on year due to higher revenue and other factors, with the improvement also confirmed for the full fiscal year. - FY2022-Q3MitigatedAnnual report
「Operating profit improved by ¥199 million year on year to an operating loss of ¥117 million, mainly due to a significant increase in revenue and other factors. On a foreign-currency basis, earnings increased 66.7%.」
The European segment remained in an operating loss, but the loss narrowed, improving by ¥199 million year on year, mainly due to higher revenue and other factors. - FY2022-Q2MitigatedAnnual report
「Operating profit increased by ¥307 million year on year to a profit of ¥27 million, mainly due to a significant increase in revenue and other factors. On a foreign-currency basis, earnings increased 108.9%.」
The European segment moved from an operating loss of ¥279 million in the same period of the previous year to operating profit of ¥27 million, mainly due to higher revenue and other factors, returning to profitability. - FY2022-Q1MitigatedAnnual report
「Operating profit improved by ¥160 million year on year to ¥54 million, mainly due to an improved cost ratio for major awarded models and other factors. On a foreign-currency basis, earnings increased 144.8%.」
The European segment improved from an operating loss of ¥106 million in the same period of the previous year to operating profit of ¥54 million, mainly due to an improved cost ratio for major awarded models and other factors. - FY2021-Q3MitigatedAnnual report
「Operating profit improved by ¥493 million year on year to an operating loss of ¥317 million, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. On a foreign-currency basis, earnings increased 60.4%.」
The European segment continued to report an operating loss, but the loss narrowed, improving by ¥493 million year on year, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. - FY2021-Q2MitigatedAnnual report
「Operating profit improved by ¥287 million year on year to an operating loss of ¥279 million, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. On a foreign-currency basis, earnings increased 47.4%.」
The European segment continued to report an operating loss, but the loss narrowed from ¥566 million in the same period of the previous year to ¥279 million, mainly due to the stabilization of production for newly awarded models in the Czech Republic and other factors. - FY2021-Q1MitigatedAnnual report
「Operating profit improved by ¥192 million year on year to an operating loss of ¥106 million, mainly due to lower scrap costs and other factors. On a foreign-currency basis, earnings increased 60.3%.」
The European segment continued to report an operating loss, but the loss narrowed from ¥299 million in the same period of the previous year to ¥106 million, mainly due to lower scrap costs and other factors. - FY2020MitigatedAnnual report
「Operating profit improved by ¥280 million from the previous fiscal year to an operating loss of ¥1,017 million, mainly due to lower scrap costs and other factors.」
The European segment continued to report an operating loss, but the loss narrowed from ¥1,298 million in the previous fiscal year to ¥1,017 million. - FY2020-Q3MitigatedAnnual report
「Operating profit improved by ¥117 million year on year to an operating loss of ¥810 million, mainly due to lower scrap costs and other factors. On a foreign-currency basis, earnings increased 2.1%.」
The European segment continued to report an operating loss, but the loss narrowed from ¥927 million in the same period of the previous year to ¥810 million, mainly due to lower scrap costs and other factors. - FY2020-Q2WorsenedAnnual report
「Operating profit decreased by ¥88 million year on year to an operating loss of ¥566 million, mainly due to the impact of ending transactions with a major customer for air-conditioning equipment. On a foreign-currency basis, earnings declined 21.5%.」
The European segment's operating loss widened from ¥478 million in the same period of the previous year to ¥566 million, with the impact of ending air-conditioning equipment transactions with a major customer continuing. - FY2020-Q1WorsenedAnnual report
「Operating profit decreased by ¥27 million year on year to an operating loss of ¥299 million, mainly due to the impact of ending transactions with a major customer for air-conditioning equipment. On a foreign-currency basis, earnings declined 17.9%.」
The European segment's operating loss widened from ¥272 million in the same period of the previous year to ¥299 million, as the end of transactions with a major air-conditioning equipment customer reduced earnings. - FY2019WorsenedAnnual report
「Operating profit decreased by ¥789 million from the previous fiscal year to an operating loss of ¥1,298 million, mainly due to higher costs associated with launching newly awarded models in the Czech Republic and other factors.」
The European segment's operating loss widened from ¥509 million in the previous fiscal year to ¥1,298 million. - FY2019-Q3WorsenedAnnual report
「Operating profit decreased by ¥722 million year on year to an operating loss of ¥927 million, mainly due to higher costs associated with launching newly awarded models in the Czech Republic. On a foreign-currency basis, earnings declined 253.6%.」
In the Czech Republic, automotive sales increased, while start-up costs for newly awarded models and other factors widened the European segment's operating loss from ¥205 million in the same period of the previous year to ¥927 million. - FY2019-Q2WorsenedAnnual report
「Operating profit decreased by ¥312 million year on year to an operating loss of ¥478 million, mainly due to higher costs associated with launching newly awarded models in the Czech Republic. On a foreign-currency basis, earnings declined 190.0%.」
In the Czech Republic, automotive sales increased, while start-up costs for newly awarded models and other factors widened the European segment's operating loss from ¥166 million in the same period of the previous year to ¥478 million. - FY2019-Q1WorsenedAnnual report
「Operating profit decreased by ¥213 million year on year to an operating loss of ¥272 million. On a foreign-currency basis, earnings declined 320.2%.」
In the Czech Republic, revenue increased due to higher orders for automotive and air-conditioning equipment, while start-up costs for newly awarded models and other factors widened the European segment's operating loss to ¥272 million. - FY2018WorsenedAnnual report
「Operating profit decreased by ¥224 million year on year to an operating loss of ¥509 million. On a foreign-currency basis, earnings declined 67.0%.」
The European segment's operating loss widened from ¥284 million in the previous fiscal year to ¥509 million, with earnings declining 67.0% on a foreign-currency basis. - FY2018-Q3WorsenedAnnual report
「Operating profit decreased by ¥89 million year on year to an operating loss of ¥205 million. On a foreign-currency basis, earnings declined 72.7%.」
In Europe, automotive sales declined in the Czech Republic and Russia, and the operating loss widened from ¥166 million in the previous quarter to ¥205 million. - FY2018-Q2First statedAnnual report
「In the Czech Republic, sales of air-conditioning equipment increased year on year, while automotive sales declined. As a result, segment revenue increased by ¥240 million year on year to ¥1,971 million. On a foreign-currency basis, revenue decreased by 1.6%. Operating profit decreased by ¥42 million year on year to an operating loss of ¥166 million.」
In Europe, sales of air-conditioning equipment in the Czech Republic increased, while automotive sales declined. Revenue decreased 1.6% on a foreign-currency basis, and the operating loss was ¥166 million.