Impact on Automotive-Related Products of Low Domestic Kei-Car Production and the Fuel-Economy Data Falsification Issue
First written in FY2017-Q1. 4 of 6 entries say "Restated". Latest entry: FY2018-Q2.
The whole theme swung hardest in 2020: 8 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2018-Q2RestatedAnnual report
「Revenue from products for four-wheel vehicles increased, partly because domestic mini-vehicle production recovered.」
The company continues to explain that domestic mini-vehicle production recovered, and this time identifies the recovery as a factor behind the increase in revenue. - FY2018-Q1MitigatedAnnual report
「Products for four-wheel vehicles were flat as domestic mini-vehicle production recovered while the overseas market struggled to grow.」
It states that the previously noted low level of domestic mini-vehicle production had recovered. At the same time, it newly notes that the overseas market struggled to grow. - FY2017RestatedAnnual report
「Products for four-wheel vehicles performed well, mainly overseas, but were flat from the previous fiscal year partly due to the impact of low domestic mini-vehicle production in the first half of the fiscal year.」
The company continues to explain that, despite strong overseas performance, weak domestic mini-vehicle production in the first half of the fiscal year affected products for four-wheel vehicles. - FY2017-Q3RestatedAnnual report
「Products for four-wheel vehicles performed well overseas, but revenue declined slightly as domestic mini-vehicle production remained low.」
The company continues to explain that, despite strong overseas performance, low domestic mini-vehicle production was a factor behind the decline in revenue from products for four-wheel vehicles. - FY2017-Q2RestatedAnnual report
「Products for four-wheel vehicles performed well overseas, but revenue declined slightly due to the impact of persistently low domestic mini-vehicle production.」
The company continues to explain that low domestic mini-vehicle production was a factor behind the decline in revenue from products for four-wheel vehicles. - FY2017-Q1First statedAnnual report
「In addition to the impact of persistently low domestic mini-vehicle production, the stronger yen resulted in revenue of ¥22.893 billion, down 8.2% year on year.」
It also states that products for four-wheel vehicles generated lower revenue due to factors including the fuel-economy fraud issue.