Intensifying competition in the global automotive parts industry
First written in FY2018. 11 of 13 entries say "Restated". Latest entry: FY2024.
Nihon Plast moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 4 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The automotive industry in which we operate is entering a period of major transformation. Changes in the profit-generation structure and intensified competition resulting from new entrants from industries outside the sector, in addition to competition within the industry, are progressing, while the order environment is becoming increasingly challenging.」
In addition to the existing global competition in the automotive parts industry, entry by companies from other industries and the challenging order environment were explicitly identified as factors intensifying competition. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2019RestatedAnnual report
「If the group is unable to maintain superior quality and price competitiveness over its competitors or develop attractive products, this could impede future growth and affect the group’s operating results and financial position.」
The disclosure continues to identify an inability to maintain competitiveness in quality, pricing, supply and development as a factor that could impede growth. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding intensifying competition in the global automotive parts industry. - FY2018First statedAnnual report
「Competition in the global automotive parts industry has become increasingly intense. Accordingly, if the group is unable to maintain superior quality and price competitiveness over its competitors or develop attractive products, this could impede future growth and affect the group’s operating results and financial position.」
The company identified an inability to maintain competitiveness in quality, pricing and product development as a factor that could impede growth.