Dependence on the Automotive Business
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 22 of 55 companies on the "Worse" side.
46 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Revenue from the automotive business accounts for more than 90%, and its sales markets are primarily developed countries, particularly North America. The two main production bases are Gunma Plant in Japan and Subaru of Indiana Automotive, Inc. (SIA) in the United States, where the group mainly produces and sells SUVs (sport utility vehicles).」
The concentration of the business in the automotive sector, the North American market, the 2 production bases at Gunma and SIA, and SUVs has been reconfirmed. - FY2022RestatedAnnual report
「Revenue from the automotive business accounts for more than 90%, and its sales markets are primarily developed countries, particularly North America. At its major production bases, Gunma Plant in Japan and Subaru of Indiana Automotive, Inc. (SIA) in the United States, production is centered on SUVs (sport utility vehicles).」
The concentration of revenue in the automotive business, sales markets centered on North America, and production centered on SUVs have been reconfirmed. - FY2020RestatedAnnual report
「Revenue from the automotive business accounts for more than 90%, and its sales markets are primarily developed countries, particularly North America.」
The concentration in the automotive business and sales markets centered on North America has been reconfirmed, with the figure of more than 90% of revenue. - FY2019RestatedAnnual report
「Because the automotive business is overwhelmingly large in terms of business scale, the group's operating results and financial position could be materially affected if demand or market conditions related to the automotive business, or its price competitiveness against peers, exceed foreseeable levels.」
The potential impact of concentration in the automotive business on operating results and financial position continues to be disclosed. - FY2018RestatedAnnual report
「Because the automotive business is overwhelmingly large in terms of business scale, the group's operating results and financial position could be materially affected if demand or market conditions related to the automotive business, or its price competitiveness against peers, exceed foreseeable levels.」
The potential impact of concentration in the automotive business on operating results and financial position continues to be disclosed. - FY2016First statedAnnual report
「Because the automotive business is overwhelmingly large in terms of business scale, the group's operating results and financial position could be materially affected if demand or market conditions related to the automotive business, or its price competitiveness against peers, exceed foreseeable levels.」
This indicates concentration risk arising from the automotive business's exceptionally large scale.