Production measures to clear the order backlog
First written in FY2021-Q1. 1 of 2 entries say "Advanced", first in FY2023. Latest entry: FY2023.
18 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「During the consolidated fiscal year, the impact of production cuts was reduced compared with the previous consolidated fiscal year through initiatives including stronger collaboration with business partners and reducing the number of semiconductors used per vehicle through design changes. However, shortages of parts, including semiconductors, are continuing, and the Company remains unable to produce according to plan even in the fiscal year ending March 2024.」
Collaboration with business partners and design changes reduced the impact of production cuts, but parts shortages and back orders continue, and it was stated that clearing the order backlog is expected to take a long time. - FY2021-Q1First statedAnnual report
「Order backlogs have expanded in each region due to production declines and other effects associated with the spread of COVID-19, and the Company is implementing production measures to clear them.」
Following the expansion of regional order backlogs due to production declines associated with the spread of COVID-19, the Company has begun production measures to clear them.