Transformation of the Automotive Industry Driven by Technological Innovation, Including Autonomous Driving, and Intensifying Technology Competition
First written in FY2017. 6 of 10 entries say "Worsened", first in FY2018. Latest entry: 2026-08-05.
Tachi-S moved to the "Worse" side of this theme in 2018.
3 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「一方、事業環境は、中国自動車メーカーのグローバル市場におけるプレゼンスの高まりによる競争環境の変化や、EV市場の成長鈍化を背景とした自動車メーカー各社の車種戦略見直しなど、大きな変化が続いております。」
中国自動車メーカーの台頭、EV市場の成長鈍化、自動車メーカーの車種戦略見直しを、引き続き事業環境の変化として記載している。 - FY2026WorsenedAnnual report
「While the structural shift toward electrification and intelligent vehicles remains the medium- to long-term direction, automakers are focusing and selecting investments and reviewing their model strategies and production systems in response to demand trends and policy changes in each market. As Chinese automakers increase their global presence, Japanese automakers and component suppliers are required to improve their competitiveness against Chinese automakers while also developing the ability to execute their businesses rapidly.」
In addition to responding to electrification and intelligent vehicles, the rise of Chinese automakers globally and the demands for greater competitiveness and speed of business execution are explicitly identified. - FY2026-H1RestatedAnnual report
「Against the backdrop of the delayed shift to EVs in global markets excluding China, automakers are reviewing their model strategies, and are required to respond more rapidly to changes in the business environment.」
The delayed shift to EVs in global markets excluding China and automakers’ continuing review of their model strategies mean that rapid responses to changes in the environment remain necessary. - FY2025WorsenedAnnual report
「Although growth in new energy vehicles (BEVs, PHEVs and FCVs), in which Chinese automakers are making significant advances, has recently slowed because of policy changes and other factors in various countries, it is expected to continue expanding, while competition in technological innovation, including autonomous driving and SDVs (software-defined vehicles), remains extremely fierce.」
While recognising the slowdown in growth of BEVs and other vehicles, describes the rise of Chinese automakers and intensifying technology competition, including autonomous driving and SDVs. - FY2025-H1ReframedAnnual report
「While the recovery in demand following the COVID-19 pandemic has run its course, automakers, our customers, are reviewing the electrification investments and product strategies they had previously pursued aggressively in response to the slowdown in the market shift toward BEVs.」
Compared with the previous description, which centred on accelerating technological change toward electrification and BEVs, this shows automakers reviewing their investment and product strategies in response to the slowdown in the shift toward BEVs. - FY2022WorsenedAnnual report
「Efforts to address environmental issues, centred on carbon neutrality, have accelerated rapidly, prompting the automotive industry to accelerate electrification. New-vehicle sales of electric vehicles (EVs) exceeded those of hybrid vehicles (HVs) for the first time.」
With regard to pressure to respond to technological innovation, including autonomous driving and electrification, the acceleration of electrification and EV sales exceeding HV sales are newly described. - FY2021WorsenedAnnual report
「In the automotive industry in which our group operates, global new-vehicle sales declined because consumption weakened and production activities were temporarily restricted as a result of the spread of COVID-19. … In addition, the Japanese government’s announcement that sales of gasoline-powered vehicles would be eliminated by the mid-2030s is creating rapidly growing pressure for technological innovation for the next generation.」
In addition to technological innovation risk, describes the decline in global sales caused by COVID-19 and the pressure to respond to next-generation technologies following the announcement that sales of gasoline-powered vehicles would be eliminated by the mid-2030s. - FY2020WorsenedAnnual report
「As the automotive industry faces major transformation from the mobility revolution represented by CASE and MaaS, the environment surrounding our company is becoming increasingly challenging.」
In addition to autonomous driving and electrification, the mobility revolution and industry transformation driven by CASE and MaaS are explicitly identified as risk factors. - FY2018WorsenedAnnual report
「The environment surrounding the automotive industry is undergoing major transformation as a result of diverse technological innovations, including autonomous driving and electrification, and technology competition is becoming increasingly fierce.」
Explicitly adds electrification to conventional autonomous driving technology, broadening the scope of technological innovation and technology competition. - FY2017First statedAnnual report
「Meanwhile, the environment surrounding the automotive industry is undergoing major transformation as a result of diverse technological innovations, including the rapid advancement of autonomous driving technology, and technology competition is becoming increasingly fierce.」
Describes changes in the industry environment resulting from advances in autonomous driving technology and other factors, and intensifying technology competition, as new risks in the operating environment.