Earnings fluctuations driven by automakers’ model sales, new-model launches and production policies
First written in FY2017. 3 of 9 entries say "Restated". Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual 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.」
Changes in automakers' model strategies and production systems have continued, and the related disclosures have become more specific as factors affecting earnings fluctuations. - FY2025-H1RestatedAnnual report
「Business conditions differ among automakers, and it is necessary to closely monitor each company's production, sales and inventory position when assessing future business trends.」
The Company reaffirms its view that differences in automakers' production, sales and inventory positions and business policies may affect results and must be monitored continuously. - FY2024-Q1MitigatedAnnual report
「Automakers, our customers, are seeking to expand sales as semiconductor supply constraints ease.」
The situation has changed from automakers adjusting production because of the semiconductor shortage to automakers seeking to expand sales as supply constraints ease. - FY2022MaterialisedAnnual 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.」
The previously disclosed risks of automakers' production adjustments and shutdowns materialized as a decline in domestic new-vehicle sales against a backdrop of the semiconductor shortage. - FY2022-Q3RestatedAnnual report
「New-vehicle sales generally fell below the year-earlier level, against a backdrop of production plant shutdowns caused by the global semiconductor shortage and surging raw-material prices.」
The Company reiterates that automakers' production and sales policies, including production plant shutdowns caused by the semiconductor shortage, are affecting results. - FY2022-Q2MaterialisedAnnual report
「Automakers have been forced to adjust production because of the global semiconductor shortage and component supply shortages caused by the renewed spread of COVID-19 in Southeast Asia.」
The previously disclosed risks of raw-material and component shortages and automakers' production adjustments have materialized, against a backdrop of the semiconductor shortage and the renewed spread of infections in Southeast Asia. - FY2021WorsenedAnnual report
「Our results may be affected by the market reputation and acceptance of the automakers that are our customers, sales trends for vehicle models incorporating our group's products and the timing of new-model launches, and revenue and profit may be concentrated in the first or second half of the fiscal year. Results may also be affected by changes in automakers' ordering policies, production adjustments, including those due to shortages of raw materials, the transfer of production for specific models to other plants and plant reorganizations.」
Production adjustments, including those caused by raw-material shortages, have been explicitly added to the existing risks related to model sales, new-model launches and production policies. - FY2018RestatedAnnual report
「Our results may be affected by sales trends for vehicle models incorporating our group's products and the timing of new-model launches.」
The risk of earnings fluctuations driven by sales trends for vehicle models, new-model launch timing, and automakers' ordering and production policies is reiterated. - FY2017First statedAnnual report
「Our results may be affected by sales trends for vehicle models incorporating our group's products and the timing of new-model launches, and revenue and profit may be concentrated in the first or second half of the fiscal year. Results may also be affected by changes in automakers' ordering policies, production adjustments, the transfer of production for specific models to other plants and plant reorganizations.」
The Company identifies as a new risk the possibility that sales trends for vehicle models using its products, the timing of new-model launches, ordering policies and production adjustments may affect results.