Adjusting operations in response to supply chain disruptions and other factors
First written in FY2021. 2 of 14 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Policy for operating in response to the situation in IranAnnual report
「The impact of the situation in Iran on production is uncertain, and it is not known what adjustments may arise, but we intend to respond flexibly in any circumstances and address them appropriately by securing the required labor hours and leveling production.」
While continuing its policy of responding to customer production adjustments, the company identifies the possibility of new fluctuations arising from the situation in Iran and states that it will respond by securing the required labor hours and leveling production. - 2026-06-01RestatedGeneral Meeting of Shareholders
「We intend to respond appropriately in all circumstances by securing appropriate labor hours and implementing leveled production.」
Securing appropriate labor hours and implementing leveled production were reiterated as measures to address production adjustments. - FY2026-H1MitigatedAnnual report
「The automotive industry, the Company’s core market, remained generally firm, despite weak sales in the Chinese and Southeast Asian markets and the impact of U.S. tariffs, as production cuts associated with certification-related misconduct and other issues were resolved.」
The company explains that production declines associated with certification-related misconduct and other issues, which had been among the factors behind weak customer production, have been resolved. However, weak sales in the Chinese and Southeast Asian markets and the impact of US tariffs remain. - FY2025-H1Factors behind weak customer production shift to misconduct issues and a slowdown in the Chinese marketAnnual report
「The automotive industry, to which the Company belongs, saw production decline because of production adjustments related to scandals and the loss of momentum among Japanese automakers in the Chinese market.」
In addition to production cuts caused by the previous parts supply shortage, the company has described production adjustments associated with misconduct issues and lower customer production due to a slowdown in the Chinese market, indicating a change in the external factors affecting operational adjustments. - FY2024AdvancedAnnual report
「Our company also needs to respond to these fluctuations, and this fiscal year we were forced to make operational adjustments, including temporary leave, during certain periods to reduce production in response to lower customer production. We believe similar operational adjustments may be necessary in the future, but intend to respond appropriately by securing the required labor hours and leveling production.」
Although temporary leave and other measures were implemented again this fiscal year in response to customer production adjustments, securing the required labor hours and leveling production have been newly identified as measures for future response. - FY2024-Q3RestatedAnnual report
「Although parts supply issues in the automotive industry, to which the Company belongs, had been resolved, production remained below expectations because of weak performance in the Chinese market, factory fires in Japan, fraudulent certification issues and other factors.」
Although the parts procurement problem has largely been resolved, customer production continues to stagnate due to other factors, including misconduct issues and plant fires, reaffirming the business environment surrounding operational adjustments. - FY2024-Q2Production stagnates due to misconduct, system failures and fires even after parts procurement problems are nearly resolvedAnnual report
「Although the parts procurement problem appeared to be nearly resolved and a path toward higher production seemed to have been established, production did not increase as much as expected because misconduct issues, system failures and supplier plant fires occurred frequently.」
Although the parts procurement problem is reportedly nearly resolved, customer production has not increased as expected because of misconduct issues, system failures and supplier plant fires, among other factors, and the need to adjust operations under supply constraints is shifting to other causes. - FY2023-Q3Production cuts continue due to parts supply problemsAnnual report
「The automotive industry, to which the Company belongs, remained sluggish as parts supply issues continued unresolved and production cuts persisted.」
Customer production cuts have continued because the parts supply problem has not been resolved, and the need to adjust operations in response to supply constraints continues. - FY2023-Q2Customer production cuts continue due to parts shortagesAnnual report
「The automotive industry, to which the Company belongs, remained sluggish as parts supplies failed to recover despite a large backlog of orders resulting from production cuts during the pandemic. A cycle in which planned production increases instead resulted in production cuts continued to recur.」
Because parts supply has not recovered, customer production cuts have continued to recur even as customers plan to increase production. The need to adjust operations in response to supply constraints continues. - FY2022Continuing operating adjustments through temporary furloughsAnnual report
「As in the previous fiscal year, we implemented temporary furloughs for a short period this fiscal year and reduced operations in response to lower customer production. We expect that similar operating adjustments may become necessary on a regular basis going forward, and will respond appropriately by drawing on our experience to date.」
The company implemented short-term temporary furloughs again this fiscal year in response to lower customer production. It also anticipates that regular operating adjustments may be necessary going forward. - FY2022-Q3Customer production cuts caused by difficulty procuring parts such as semiconductorsAnnual report
「Although business remained strong in the first half, customers cut production from September onward because it became difficult to procure semiconductors and other parts amid supply chain disruption, resulting in lower sales in the third quarter than in the same period of the previous year.」
Regarding the need for operating adjustments in response to supply constraints indicated in the previous fiscal year, customer production cuts actually occurred due to difficulty procuring parts such as semiconductors. However, this filing does not describe any new operating adjustment measures by the company itself. - FY2022-Q2Continued and more concrete production adjustments due to supply constraintsAnnual report
「The supply of automotive parts, including semiconductors and wire harnesses, was disrupted by production-site shutdowns and other effects of the spread of the novel coronavirus in Southeast Asia. Production was forced to undergo substantial cuts from late August, bringing operations to an abrupt halt.」
Regarding operating adjustments whose necessity had been indicated in the previous fiscal year, a situation in which substantial production cuts were unavoidable actually occurred following plant shutdowns in Southeast Asia and stalled parts supplies. - FY2022-Q1Production adjustments arising from supply constraintsAnnual report
「Shortages in the supply capacity for semiconductors and other raw materials and parts, and more recently factory shutdowns resulting from the spread of infections in Southeast Asia, disrupted the supply of parts and led to situations in which production adjustments became unavoidable. The outlook remains uncertain.」
A situation in which production adjustments were unavoidable actually occurred due to insufficient supply capacity for semiconductors, raw materials and parts, as well as plant shutdowns in Southeast Asia. The need for operating adjustments indicated in the previous fiscal year has materialized as a specific business environment. - FY2021First statedAnnual report
「Orders at our company may also fluctuate due to these factors, and we need to respond to such fluctuations. In the first half, we responded to the impact of COVID-19 by implementing temporary furloughs and reducing operations, but supply chain disruptions may make similar operating adjustments necessary in the future.」
The company has identified a new operating theme of responding to fluctuations in orders caused by infectious diseases and shortages of semiconductors and materials by adjusting operations, including through temporary furloughs, and drawing on past experience.