Komori
Meiwa Industry (7284) · RiskWorsened

Sales Dependence on Toyota Motor Group

First written in FY2016. 4 of 10 entries say "Worsened", first in FY2017. Latest entry: FY2026.

10entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018MitigatedFY2020 – FY2021WorsenedFY20222016: 120162017: 120172018: 120182019: 020192020: 120202021: 120212022: 120222023: 020232024: 120242025: 120252026: 22026
Same theme, other companies
Sales Dependence on Toyota Motor CorporationA theme 11 companies write about · 12 as a headwind · 0 as a tailwind

Meiwa Industry moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).

The whole theme swung hardest in 2025: 7 of 10 companies on the "Worse" side.

2 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Toyota Motor Group accounted for 57.5% of consolidated net sales for the fiscal year. Our group is working to expand global sales channels while further deepening and developing its business with the Toyota Motor Group.」

    Sales dependence on Toyota Motor Group increased from 54.3% in the previous fiscal year to 57.5%. The company continues to pursue deeper business relationships and global sales-channel expansion as measures.
  2. 2026-05-28RestatedEarnings presentation

    「Approximately 50% for the Toyota Group (including Daihatsu and Hino)」

    For automotive parts net sales in the fiscal year ending March 2026, sales to the Toyota Group accounted for 57.5%. The calculation scope differs from the previously reported ratio based on consolidated net sales, so no increase or decrease is compared.
  3. FY2025WorsenedAnnual report

    「Toyota Motor Group accounted for 54.3% of consolidated net sales for the fiscal year.」

    Sales dependence on Toyota Motor Group increased from 53.4% in the previous fiscal year to 54.3%. The company continues to pursue global sales-channel expansion as a measure.
  4. FY2024MitigatedAnnual report

    「Meanwhile, Toyota Motor Group accounted for 53.4% of consolidated net sales for the fiscal year. Our group is working to expand global sales channels while further deepening and developing its business with the Toyota Motor Group, but trends in the Toyota Motor Group's automobile production and sales could affect our group's operating performance and other results.」

    Sales dependence on Toyota Motor Group declined from 54.5% in the previous fiscal year to 53.4%. The company continues to pursue deeper business relationships and global sales-channel expansion as measures.
  5. FY2022WorsenedAnnual report

    「Meanwhile, Toyota Motor Group accounted for 54.5% of consolidated net sales for the fiscal year. Our group is working to expand global sales channels while further deepening and developing its business with the Toyota Motor Group, but trends in the Toyota Motor Group's automobile production and sales could affect our group's operating performance and other results.」

    Sales dependence on Toyota Motor Group increased from 53.0% in the previous fiscal year to 54.5%. The company continues to pursue deeper business relationships and global sales-channel expansion as measures.
  6. FY2021MitigatedAnnual report

    「Toyota Motor Group accounted for 53.0% of consolidated net sales for the fiscal year. Our group is working to expand global sales channels while further deepening and developing its business with the Toyota Motor Group.」

    Sales dependence on Toyota Motor Group declined from 55.8% in the previous fiscal year to 53.0%. The company continues to pursue deeper business relationships and global sales-channel expansion as measures.
  7. FY2020MitigatedAnnual report

    「Toyota Motor Group accounted for 55.8% of consolidated net sales for the fiscal year.」

    Sales dependence on Toyota Motor Group declined from 62.8% in the previous fiscal year to 55.8%. The company continues to cite deeper business relationships and global sales-channel expansion as measures.
  8. FY2018RestatedAnnual report

    「Toyota Motor Group accounted for 62.8% of consolidated net sales for the fiscal year. Our group is working to expand global sales channels while further deepening and developing its business with the Toyota Motor Group.」

    Sales dependence on Toyota Motor Group remained high at 62.8%, a slight decline from 62.9% in the previous fiscal year. Deepening existing business relationships and expanding global sales channels are the stated measures.
  9. FY2017WorsenedAnnual report

    「The Toyota Motor Group accounted for 62.9% of consolidated net sales for the current consolidated fiscal year. The group is working to deepen and develop transactions with the Toyota Motor Group while expanding its global sales channels.」

    The group's dependence on Toyota Motor Group sales increased from 60.4% in the previous fiscal year to 62.9%. At the same time, the company identifies deepening transactions with the group and expanding global sales channels as countermeasures.
  10. FY2016First statedAnnual report

    「The Toyota Motor Group accounted for 60.4% of consolidated net sales for the current consolidated fiscal year.」

    The company disclosed that the Toyota Motor Group accounted for 60.4% of consolidated net sales and identifies the impact of the group's production and sales trends as a risk.
Moved together

"Capital Investment to Expand Production Capacity and Streamline Operations" moved the same way as this thread, in the same document, in 4 of its 10 moves.

443322★123456
  1. ★This thread
  2. 1Capital Investment to Expand Production Capacity and Streamline Operations4×
  3. 2Strengthening the business base in China, ASEAN and North America4×
  4. 3Raw Material Price Volatility Driven by Crude Oil Prices and Foreign Exchange Rates3×
  5. 4Foreign Exchange Movements Related to the Translation of Overseas Subsidiaries’ Financial Statements3×
  6. 5Global Economic Downturn and Declining Automotive Demand2×
  7. 6Country Risks Associated with Overseas Business Expansion2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Meiwa Industry yet. It last moved in the Earnings presentation of 2026-05-28: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.