Demand in China and the United States and Outlook for Growth in the Global Automotive Market
First written in FY2017. 6 of 13 entries say "Reframed", first in FY2020. Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 15 of 31 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In response to demand trends and policy changes in each market, automakers are focusing and selecting investments and reviewing their model strategies and production systems.」
The focus has shifted from an explanation centred on the previous outlook for market expansion to differences in the transition to new energy vehicles by region and automakers’ selection of investments and review of model strategies and production systems. - FY2025ReframedAnnual report
「While the transition to new energy vehicles across global markets is slower than initially expected, excluding China, where new energy vehicles are showing significant growth, automakers are reviewing their model strategies and investment plans.」
The explanation has shifted from the previous outlook for market expansion to a situation in which the transition to EVs is slower than initially expected in global markets excluding China, prompting automakers to review their model strategies and investment plans. - FY2024-Q1Sales expansion as supply constraints easeAnnual report
「Automakers, our customers, are seeking to expand sales as semiconductor supply constraints ease.」
Regarding the automotive market, it is recognised that semiconductor supply constraints have eased and automakers are seeking to expand sales. - FY2023Prolonged supply constraints and responses to production fluctuationsAnnual report
「Supply constraints centred on semiconductors are expected to continue in 2023, making it increasingly important for performance management to respond nimbly to changes in customers’ production volumes.」
While demand is described as solid, accompanied by order backlogs, the statement indicates that semiconductor supply constraints are expected to continue in 2023 and that nimble responses to changes in customers’ production volumes are important. - FY2023-Q3Expected prolongation of supply constraints and importance of responding to production fluctuationsAnnual report
「Although customers have substantial order backlogs resulting from past supply constraints, supply constraints centred on semiconductors are expected to continue in 2023, making it increasingly important for performance management to respond nimbly to changes in customers’ production volumes.」
In addition to substantial order backlogs at automakers resulting from supply constraints and currently solid demand, the statement indicates that constraints centred on semiconductors are expected to continue in 2023 and that nimble responses to changes in production volumes are increasingly important. - FY2023-Q2Order backlog and solid demandAnnual report
「Customers have substantial order backlogs resulting from past supply constraints, and although demand remains solid at present, it is necessary to closely monitor the future impact on the automotive market as major countries accelerate interest-rate increases to contain inflation.」
The substantial order backlogs of automakers resulting from supply constraints and the current strength of automotive demand are described together. - FY2023-Q1Demand remains solid despite supply constraintsAnnual report
「Demand remains solid enough for supply constraints to extend delivery times for new vehicles from several months to more than one year, although」
Regarding the automotive market, it is recognised that demand itself remains solid even as supply constraints extend delivery times. - FY2022ReframedAnnual report
「New-vehicle sales of electric vehicles (EVs) exceeded those of hybrid vehicles (HVs) for the first time.」
The explanation has shifted from demand for SUVs in China and the United States and the outlook for market expansion to changes in the structure of automotive demand centred on EVs. - FY2022-Q3ReframedAnnual report
「The Chinese market showed signs of expansion, led by new energy vehicles.」
The outlook for demand in China is explained as signs of market expansion centred on new energy vehicles. - FY2022-Q1ReframedAnnual report
「In particular, the Chinese market continues to expand, with monthly sales of new-energy vehicles reaching new record highs.」
Regarding the outlook for demand in China, the United States and other markets, growth in the Chinese market is explained through the specific trend of expanding new energy vehicle sales. - FY2020ReframedAnnual report
「Although growth is slowing in the two largest markets, China and Latin America, future demand is still expected, and their large market sizes are also expected to continue contributing to sales.」
The explanation has changed from a general outlook for market expansion to one that combines expected future demand in the large Chinese and Latin American markets with their slowing growth. - FY2018RaisedAnnual report
「The global automotive market is expected to expand for the ninth consecutive year in the next fiscal year.」
The outlook for global automotive market expansion has been updated from eight consecutive years in the previous year to nine consecutive years. - FY2017First statedAnnual report
「Although market growth rates are slowing in the two largest markets, China and the United States, demand is expected to remain solid, supported by the popularity of SUVs. In emerging markets, Southeast Asia and South America are beginning to recover from their downturns, and the global automotive market is expected to expand for the eighth consecutive year in the next fiscal year.」
Presents demand for SUVs in China and the United States, the recovery of emerging markets, and the expected eighth consecutive year of global automotive market expansion as assumptions underlying the market environment.