Strong Overseas Sales of Products for Four-Wheeled Vehicles
First written in FY2017-Q2. 10 of 26 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-11-09.
Mikuni moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Although continued strong performance by the Indian subsidiary and the optimization of transaction prices and other factors contributed to improved profitability, sales were affected by stagnant demand for powersports products, mainly in North America, including motorcycles, snowmobiles and outboard motor products, as well as weak demand in the ASEAN four-wheeled vehicle market. Sales were ¥84.154 billion, up 0.9% year on year, while operating profit was ¥2.362 billion, down 26.8%.」
While strong performance in India continued, operating profit in the mobility business fell 26.8% due to stagnant powersports demand in North America and weak demand in the ASEAN four-wheeled vehicle market. - FY2025-H1WorsenedAnnual report
「Although strong performance in the Indian market was maintained for a second consecutive year, sales were affected by lower sales of outboard motor products and large-displacement two-wheeled vehicle products in Japan, as well as weak demand in the ASEAN four-wheeled vehicle market. Sales were ¥41.216 billion, up 2.9% year on year, while operating profit was ¥887 million, down 12.5%.」
While strong performance in the Indian market continued, operating profit fell 12.5% year on year due to lower sales of outboard motor products and large-displacement two-wheeled vehicle products in Japan, as well as weak demand in the ASEAN four-wheeled vehicle market. - FY2024-Q2AdvancedAnnual report
「In addition to the gradual easing of the impact of component shortages in the supply chain, continued strong performance in the India business resulted in sales of ¥40.069 billion, up 8.4% year on year.」
Sales in the mobility business increased 8.4% year on year, driven by continued strong performance in the India business and other factors. - FY2023-Q3AdvancedAnnual report
「Demand for outboard motors increased amid strong outdoor leisure activity in North America and elsewhere. In addition, strong performance in the Indian market continued, and currency translation and other factors also contributed, resulting in sales of ¥56.655 billion, up 16.3% year on year.」
The automotive products business generated higher revenue due to strong outdoor leisure activity in North America and elsewhere, strong performance in the Indian market, and the impact of currency translation. - FY2023-Q2AdvancedAnnual report
「In India, sales increased significantly, and, partly due to the impact of currency translation and other factors, sales in this business were ¥36.897 billion, up 13.6% year on year.」
The automotive products business posted a significant increase in sales in India, contributing to higher sales for the business as a whole. - FY2023-Q1AdvancedAnnual report
「In India, sales increased significantly, and, partly due to the impact of currency translation and other factors, sales in this business were ¥17.233 billion, up 8.7% year on year.」
The automotive products business posted a significant increase in sales in India, contributing to higher sales for the business as a whole. - FY2022AdvancedAnnual report
「Significant growth was seen in India, and sales recovered to approximately the pre-pandemic level. Against this backdrop, continued sales expansion efforts and initiatives to improve profitability, including greater production efficiency, resulted in sales of ¥66.245 billion, up 9.8% year on year, and a significant improvement in operating profit to ¥3.567 billion, compared with ¥772 million in the previous fiscal year.」
Sales in the automotive products business recovered to pre-pandemic levels, driven by significant growth in India and other factors, while operating profit improved from ¥772 million to ¥3.567 billion. - FY2022-Q3AdvancedAnnual report
「Although the supply chain was affected by difficulty procuring components and production cuts, significant growth was seen in India, and sales recovered to approximately the pre-pandemic level.」
For the automotive products business, sales recovered to approximately the pre-pandemic level, as significant growth in India offset the effects of difficulty procuring components and production cuts. - FY2022-Q1AdvancedAnnual report
「While the year-earlier period was significantly affected by the global spread of COVID-19, sales recovered to pre-pandemic levels during the first quarter of the current fiscal year. As a result, sales in this business were ¥15.848 billion, up 44.4% year on year, and operating profit improved significantly to ¥1.263 billion, compared with an operating loss of ¥323 million in the year-earlier period.」
Sales in the automotive products business recovered to pre-pandemic levels, and operating results turned from an operating loss in the year-earlier period to operating profit. - FY2021-Q3WorsenedAnnual report
「Demand for both products for four-wheel vehicles and products for motorcycles declined due to the global spread of the novel coronavirus.」
It states that demand for both four-wheeled and two-wheeled vehicle products declined, including in regions previously described as performing well. - FY2021-Q2WorsenedAnnual report
「Demand for both products for four-wheel vehicles and products for motorcycles declined due to the global spread of the novel coronavirus.」
For automotive products, including regions previously described as performing well, the disclosure notes a decline in demand due to the impact of COVID-19. - FY2021-Q1WorsenedAnnual report
「Demand for four-wheeled vehicle products fell sharply due to the global spread of COVID-19. In India, the business was also affected by the government's prolonged lockdown measures. As a result, sales in this business were ¥10.977 billion, down 34.7% year on year, and it recorded an operating loss of ¥323 million, compared with operating profit of ¥639 million in the year-earlier period.」
Demand for four-wheeled vehicle products fell sharply due to the spread of COVID-19 and India's prolonged lockdown measures, resulting in a 34.7% decline in sales and an operating loss. - FY2020WorsenedAnnual report
「On the other hand, demand for four-wheeled vehicle products continued to decline in China and India. In addition, the business was affected by the spread of COVID-19 in Japan and India, resulting in sales of ¥70.2 billion, down 2.7% year on year, and operating profit of ¥2.736 billion, down 34.2%.」
Demand for four-wheeled vehicle products in China and India continued to decline, and the impact of COVID-19 also contributed to lower sales and operating profit in the automotive products business. - FY2020-Q3WorsenedAnnual report
「On the other hand, demand for four-wheeled vehicle products continued to decline in China and India.」
It states that demand for four-wheeled vehicle products continued to decline in China and India. - FY2020-Q2WorsenedAnnual report
「In addition to increased demand for outboard motor products, two-wheeled vehicle products performed well, mainly in the ASEAN region and Japan. On the other hand, demand for four-wheeled vehicle products continued to decline in China. As a result, sales in this business were ¥33.706 billion, down 2.6% year on year, and operating profit was ¥922 million, down 45.6%.」
Continued declines in demand for four-wheeled vehicle products in China caused sales and operating profit in the automotive products business to fall below the year-earlier level. - FY2020-Q1WorsenedAnnual report
「Demand for two-wheeled vehicle products continued to be strong in the ASEAN market, while demand for four-wheeled vehicle products declined in the Chinese market. The segment's profit margin decreased, partly due to the impact of rapid changes in the Chinese market.」
For four-wheeled vehicle products, the explanation has changed from the previous description that the Chinese market had slowed but still posted slight growth to one stating that demand declined in China and the profit margin decreased. - FY2019-Q3China's market slowdown explicitly noted, while Japan, ASEAN and India remain strongAnnual report
「Four-wheeled vehicle products were affected by the market slowdown in China, but strong production continued in Japan and the ASEAN and Indian regions, resulting in higher revenue.」
It explains that, while explicitly noting the impact of the slowdown in the Chinese market, strong production continued in Japan and the ASEAN and Indian regions, resulting in higher overall revenue. - FY2019-Q2RestatedAnnual report
「Four-wheeled vehicle products generated higher revenue as production in Japan and the ASEAN and Indian regions remained strong, while production in China increased only slightly.」
It states that, while the increase in production in China was limited, strong production continued in Japan and the ASEAN and Indian regions, resulting in higher revenue from four-wheeled vehicle products. - FY2019-Q1AdvancedAnnual report
「Four-wheeled vehicle products generated higher revenue as production in Japan and the ASEAN and Indian regions remained strong.」
For four-wheeled vehicle products, the description has changed from stalled growth in overseas markets in the previous quarter to higher revenue driven by strong production in Japan and the ASEAN and Indian regions. - FY2018-Q3From stagnation in overseas markets to higher revenue driven by the Indian market and new productsAnnual report
「Four-wheeled vehicle products generated higher revenue, supported by strong performance in the Indian market and the launch of new products.」
For the overseas market for four-wheeled vehicle products, the description has changed from stalled growth and flat sales in the previous quarter to higher revenue driven by strong performance in the Indian market and the launch of new products. - FY2018-Q1From strong overseas performance to stalled growthAnnual report
「Products for four-wheel vehicles were flat as domestic mini-vehicle production recovered while the overseas market struggled to grow.」
For the overseas market for four-wheeled vehicle products, the description has changed from strong performance through the previous fiscal year to stalled growth and flat sales. - FY2017RestatedAnnual report
「Four-wheeled vehicle products performed well, mainly overseas, but」
The explanation continues to state that, while domestic mini-vehicle production remained low, four-wheeled vehicle products performed well, mainly overseas. - FY2017-Q3RestatedAnnual report
「Four-wheeled vehicle products performed well overseas, but」
The description continues to state that, while domestic mini-vehicle production remained low, four-wheeled vehicle products performed well overseas. - FY2017-Q2First statedAnnual report
「Four-wheeled vehicle products performed well overseas, but」
It states that, while domestic production of mini vehicles remained low, four-wheeled vehicle products performed well overseas.