Restructuring of the Automotive Parts Industry and Global Price Competition
First written in FY2017. 8 of 10 entries say "Worsened", first in FY2018. Latest entry: 2026-08-07.
Imasen Electric Industrial moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 8 of 10 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「The operating environment remains unpredictable, due not only to the impact of U.S. tariff policies but also to the shift toward a multi-powertrain strategy in step with the review of electrification policies in various countries.」
U.S. tariff policies, the review of electrification policies in various countries, and the shift toward a multi-powertrain strategy were identified as factors affecting the automotive-related industry. - FY2026WorsenedAnnual report
「Competition in the automotive industry related to the Group is intensifying due to the entry of highly competitive mega-suppliers and the emergence of overseas local manufacturers. In light of changes in OEM policies on EV strategies, the Company recognizes the need to respond quickly to these changes in the business environment.」
The entry of mega-suppliers, the emergence of overseas local manufacturers and changes in OEM policies on EV strategies were added as new specific factors in the competitive environment for the automotive parts industry. - FY2025WorsenedAnnual report
「Heightened geopolitical risks in Europe and the Middle East, as well as additional tariffs, including those imposed by the United States, are causing economic conditions to fluctuate in the countries and regions where the Group manufactures and sells its products,」
Additional tariffs were added as a new specific risk in the external environment for the automotive parts industry, and their impact on economic conditions was emphasized alongside geopolitical risks. - FY2025-H1RestatedAnnual report
「The automotive industry, one of the Group's principal business sectors, is showing signs of recovery in production activity as supply chains recover, including through the easing of semiconductor supply shortages. However, competition is intensifying as NEV markets expand in China and other Asian countries, while raw material prices continue to rise, leaving the operating environment challenging.」
Although production activity in the automotive industry is recovering, the Company continues to recognize that competition is intensifying with the expansion of the NEV market and that high raw material prices persist. - FY2024-Q2WorsenedAnnual report
「The automotive industry, one of the Group's principal business sectors, remains in a challenging operating environment. Production activity is gradually recovering as semiconductor supply shortages ease, but competition is intensifying as China's NEV market expands, while raw material prices continue to rise.」
In the external environment for the automotive parts industry, intensifying competition accompanying the expansion of China’s NEV market was identified as a new specific factor. Semiconductor shortages are easing, but high raw material prices and the challenging competitive environment continue. - FY2023WorsenedAnnual report
「The environment surrounding the Group is expected to remain highly uncertain, with Russia’s invasion of Ukraine, prolonged global inflation, automobile production cuts due to semiconductor shortages and soaring raw material prices continuing to create uncertainty.」
Regarding the competitive and business environment in the automotive parts industry, the Company indicated that the invasion of Ukraine, prolonged inflation, semiconductor shortages and soaring raw material prices continued, resulting in significant uncertainty. - FY2022WorsenedAnnual report
「In addition to the impact of the COVID-19 pandemic, automobile production cuts due to semiconductor shortages, soaring raw material prices and disruptions to international logistics are expected, and the operating environment is expected to remain challenging.」
Semiconductor shortages, soaring raw material prices and disruptions to international logistics have been added to the changes surrounding the automotive parts industry, and a challenging competitive and business environment continues. - FY2019WorsenedAnnual report
「In the automotive industry related to the Group, research and development of next-generation vehicles represented by CASE (connected, autonomous, shared and electric vehicles), as well as industry restructuring, are accelerating, and the environment surrounding the Group is changing significantly.」
In addition to conventional industry restructuring and global competition, accelerating research and development of next-generation vehicles represented by CASE and accelerating industry restructuring were highlighted, emphasizing changes in the business environment. - FY2018WorsenedAnnual report
「In response to major changes in the external environment, including intensifying global price competition and slowing growth in Asia, the Company is reviewing its medium-term management plan, with profit growth based on a shift from volume to quality as its main focus.」
Intensifying global price competition and slowing growth in Asia were explicitly identified as external factors prompting a review of the Dream2020 Phase 3 plan. - FY2017First statedAnnual report
「As business alliances among automakers and restructuring among major parts suppliers progress, global price competition is intensifying, and the environment surrounding the Group is changing rapidly.」
Restructuring among automakers and parts suppliers and intensifying global price competition were recorded for the first time as risks in the business environment.