Decline in Domestic Automobile Sales
First written in FY2017-Q1. 6 of 19 entries say "Restated". Latest entry: FY2025.
Tachi-S moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2020: 7 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Japan: Revenue was ¥115.502 billion, down 7.7% year on year, while operating profit was ¥6.797 billion, up 97.2% year on year.」
In the domestic business, revenue declined 7.7% year on year. At the same time, operating profit increased, with lower sales and improved profitability occurring together. - FY2022WorsenedAnnual report
「Due to production stoppages caused by the global semiconductor shortage, domestic new-vehicle sales fell below 4.5 million units, the first time since 2011.」
Regarding domestic vehicle sales, the report states that new-vehicle sales fell below 4.5 million units against a backdrop of production stoppages caused by semiconductor shortages. - FY2022-Q3WorsenedAnnual report
「In Japan, demand that had declined during the COVID-19 pandemic was recovering, but new-vehicle sales generally fell below the year-earlier period due to production-plant stoppages caused by the global semiconductor shortage and higher raw-material prices, among other factors.」
Although demand for domestic vehicle sales was recovering, new-vehicle sales generally fell below the year-earlier period due to production-plant stoppages caused by semiconductor shortages and higher raw-material prices. - FY2022-Q1MitigatedAnnual report
「Although the impact of the semiconductor shortage continued both domestically and overseas, total unit sales generally exceeded those in the same quarter of the previous year, when sales had fallen sharply due to the spread of COVID-19.」
Domestic and overseas unit sales generally exceeded the year-earlier period, when sales had fallen sharply due to the spread of COVID-19. The impact of semiconductor shortages continues. - FY2021-Q2RestatedAnnual report
「In the domestic market, consumption remained sluggish due to the spread of COVID-19, and the downward trend in unit sales continued.」
The declining trend in domestic vehicle sales has continued. - FY2021-Q1WorsenedAnnual report
「In the domestic market, unit sales entered a steep decline as consumption weakened due to the spread of COVID-19.」
Regarding domestic vehicle sales, the situation deteriorated from the previously reported declining trend to a steep decline against a backdrop of the spread of COVID-19. - FY2020WorsenedAnnual report
「In the domestic market, unit sales began to trend downward due to the impact of the consumption tax increase implemented in October last year, in addition to the impact of sluggish consumption resulting from the spread of COVID-19.」
Regarding domestic vehicle sales, the report noted a declining trend against a backdrop of the consumption-tax increase and the spread of COVID-19. - FY2020-Q1RestatedAnnual report
「In the domestic market, unit sales remained firm, supported by strong sales of kei cars and sport utility vehicles (SUVs).」
The report reiterates the view that domestic unit sales were firm due to strong kei-car and SUV sales. - FY2019-Q3SoftenedAnnual report
「In the domestic market, passenger-car sales declined, but strong kei-car sales made up for the decrease, keeping total unit sales firm.」
Although passenger-car sales continued to decline, kei-car sales offset the decrease, and the description changed to state that total domestic unit sales were firm. - FY2019-Q2RestatedAnnual report
「In the domestic market, kei-car sales remained firm, but passenger-car sales declined, leaving overall sales broadly flat.」
The report reiterates the situation in the domestic market, where kei-car sales were firm while passenger-car sales declined. - FY2019-Q1MaterialisedAnnual report
「In the domestic market, kei-car sales remained firm, but passenger-car sales declined as the effect of new-model launches faded, among other factors.」
Domestic sales were supported by firm kei-car sales, while a decline in passenger-car sales was explicitly reported. - FY2018MaterialisedAnnual report
「In terms of profit, due to the decline in domestic sales and changes in the product mix sold in Japan and overseas, among other factors」
The decline in domestic sales is explicitly cited as a factor behind the full-year decline in operating profit. - FY2018-Q3MaterialisedAnnual report
「Under these operating conditions, during the 9-month period ended 31 December of the current fiscal year, revenue was ¥213.218 billion, up 3.9% year on year, as firm overseas sales more than offset the decline in domestic sales.」
Separate from the view that sales conditions in the domestic market were firm, the report states that our domestic sales declined. - FY2018-Q2RestatedAnnual report
「In the domestic market, sales of both passenger cars and kei cars remained steady.」
As in the previous quarter, the report describes sales of both passenger cars and kei cars as firm, rather than reporting a decline in domestic vehicle sales. - FY2018-Q1MitigatedAnnual report
「In the domestic market, sales of both passenger cars and kei cars remained steady.」
The description has changed from the previously reported decline in domestic sales, including kei cars, to one stating that sales of both passenger cars and kei cars were firm. - FY2017RestatedAnnual report
「In the domestic market, passenger cars remained firm, but kei-car sales continued to decline due to the higher tax on kei cars and the fuel-economy falsification issue, among other factors.」
Regarding domestic vehicle sales, the report notes that passenger cars remained firm while the decline in kei-car sales continued. - FY2017-Q3SoftenedAnnual report
「In the domestic market, passenger cars remained firm, but kei-car sales continued to decline due to the higher tax on kei cars and the fuel-economy falsification issue, among other factors.」
The scope has narrowed from a decline in sales across the domestic market to a situation in which passenger-car sales are firm while kei-car sales continue to decline. - FY2017-Q2RestatedAnnual report
「In the domestic market, sales continued to decline due to the increase in the tax on kei cars and the fuel-economy falsification issue, among other factors.」
The report describes the continued decline in domestic sales against a backdrop of the higher tax on kei cars and the fuel-economy falsification issue. - FY2017-Q1MaterialisedAnnual report
「In the domestic market, sales continued to decline due to the increase in the tax on kei cars, as well as the Kumamoto earthquake and the fuel-economy falsification issue.」
The report states that taxation, natural disasters, and the fuel-economy falsification issue affected the decline in domestic sales.