North American sales decline due to production cuts by major customers
First written in FY2017-Q1. 15 of 39 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-11-13.
Nihon Plast moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Mitigated".
- FY2026AdvancedAnnual report
「North American sales increased ¥601 million, or 1.1%, year on year to ¥57,019 million. Although sales were affected by foreign exchange translation and production cuts by customers due to semiconductor shortages, sales increased due to higher sales of HOD steering wheels, which are components for automated driving, the effect of new vehicle launches, increased die sales, progress in recovering some of the higher tariff costs and other factors. Segment profit increased ¥70 million, or 13.1%, year on year to ¥608 million. Although tariff costs, wage increases and the deterioration in production efficiency caused by sharp production fluctuations associated with semiconductor shortages had a negative impact, profit increased due to the impact of higher sales, profitability improvements from rationalization and other factors.」
Despite production cuts by customers, semiconductor shortages and tariff costs, North America posted higher sales and profit due to HOD steering wheels, new vehicle launches, die sales and rationalization. - 2026-05-22MitigatedEarnings presentation
「HOD※ハンドル増、新車効果、金型売上増、関税コスト回収等により、増収」
北米は得意先の減産影響が続く一方、HODハンドル、新車効果、金型売上増等により増収となり、営業利益も増加した。 - FY2026-H1MitigatedAnnual report
「North American sales increased ¥321 million, or 1.1%, year on year to ¥29,726 million. Although foreign exchange translation effects reduced sales, sales were supported by increased sales of HOD steering wheels, which are components for automated driving, the effect of new vehicle launches, increased die sales and other factors. Segment profit increased ¥314 million, or 82.0%, year on year to ¥698 million, despite the negative impact of U.S. tariff measures, wage increases and other factors, due to the impact of higher sales, profitability improvements from rationalization and other factors.」
North America shifted from its previous trend of declining sales due to production cuts by customers to 1.1% sales growth, driven by HOD steering wheels, new vehicle launches, die sales and other factors, while profit also increased 82.0%. - FY2025WorsenedAnnual report
「North American sales increased ¥158 million, or 0.3%, year on year to ¥56,417 million due to foreign exchange translation effects and other factors, but excluding foreign exchange effects, sales declined due to production cuts by customers and other factors. Segment profit declined ¥1,127 million, or 67.7%, year on year to ¥537 million due to the impact of lower sales, higher labor costs reflecting wage increases and higher development costs for new vehicles scheduled for launch in the future.」
Including foreign exchange effects, North American sales increased slightly, but excluding foreign exchange effects, sales declined due to production cuts by customers, and segment profit fell 67.7% from ¥1,664 million in the previous fiscal year to ¥537 million. - FY2025-H1WorsenedAnnual report
「North American sales increased ¥1,623 million, or 5.8%, year on year to ¥29,404 million due to foreign exchange translation effects and other factors, but excluding foreign exchange effects, sales declined due to production cuts by customers and the impact of lower selling prices in line with declines in raw material prices and other factors. Segment profit declined ¥1,203 million, or 75.8%, year on year to ¥383 million due to the impact of lower sales, higher labor costs reflecting wage increases and higher development costs for new vehicles scheduled for launch in the future.」
Although sales increased including foreign exchange effects, sales declined excluding foreign exchange effects due to production cuts by customers and other factors, and segment profit deteriorated to a 75.8% year-on-year decline. The impact of production cuts by major customers has again become evident in earnings. - FY2024North America turned profitable for the full year but returned to a loss in the fourth quarterAnnual report
「North American sales increased ¥15,601 million, or 38.4%, year on year to ¥56,259 million due to customers’ production recovery as semiconductor supply shortages eased, the effect of new vehicle launches, progress in passing through higher raw material prices and other costs to selling prices, foreign exchange translation effects and other factors. The segment posted profit of ¥1,664 million, compared with a segment loss of ¥1,215 million in the previous fiscal year. However, the fourth quarter (October–December 2023) was loss-making due to the impact of lower selling prices in line with declines in raw material prices and other factors, as well as the advance recognition of development costs for new vehicles scheduled for launch in the future.」
For the full year, North America swung from a loss of ¥1,215 million in the previous year to profit of ¥1,664 million, while the fourth quarter was loss-making due to lower selling prices and the advance recognition of new vehicle development costs. - FY2024-Q3AdvancedAnnual report
「North American sales increased ¥13,872 million, or 48.8%, year on year to ¥42,284 million due to customers’ production recovery as semiconductor supply shortages eased, the effect of new vehicle launches, progress in passing through higher raw material prices and other costs to selling prices, foreign exchange translation effects and other factors. The segment posted profit of ¥2,066 million, compared with a segment loss of ¥1,633 million in the same period of the previous year.」
North American sales increased 48.8% year on year due to customers’ production recovery and other factors, while segment results swung from a loss of ¥1,633 million in the same period of the previous year to profit of ¥2,066 million. The impact of production cuts by major customers has eased further. - FY2024-Q2AdvancedAnnual report
「North American sales increased ¥9,898 million, or 55.4%, year on year to ¥27,781 million due to customers’ production recovery as semiconductor supply shortages eased, the effect of new vehicle launches, progress in passing through higher raw material prices and other costs to selling prices, foreign exchange translation effects and other factors. The segment posted profit of ¥1,587 million, compared with a segment loss of ¥1,129 million in the same period of the previous year. Despite increased labor costs reflecting wage increases and other factors, the segment returned to profitability due to the impact of higher sales, profitability improvements from rationalization, the easing of raw material price increases and the elimination of production losses following customers’ production recovery.」
The North American segment swung from a loss of ¥1,129 million in the same period of the previous year to profit of ¥1,587 million, while sales increased 55.4%. The segment returned to profitability due to customers’ production recovery, the elimination of production losses, rationalization and other factors. - FY2024-Q1MitigatedAnnual report
「North American sales increased ¥4,654 million, or 51.8%, year on year to ¥13,635 million due to customers’ production recovery as semiconductor supply shortages eased, the effect of new vehicle launches, foreign exchange effects, progress in passing through higher raw material prices and other costs to selling prices, and other factors. The segment posted profit of ¥564 million, compared with a segment loss of ¥479 million in the same period of the previous year.」
The North American segment swung from a loss of ¥479 million in the same period of the previous year to profit of ¥564 million, while sales increased 51.8%. The impact of production cuts by major customers has eased as customers’ production recovered. - FY2023-Q3WorsenedAnnual report
「North American sales increased ¥7,202 million, or 34.0%, year on year to ¥28,411 million due to foreign exchange effects, the effect of new vehicle launches, progress in passing through some costs to selling prices and other factors, although semiconductor supply shortages continued. The segment posted a loss of ¥1,633 million, compared with a segment loss of ¥1,043 million in the same period of the previous year. Although the impact of higher sales, profitability improvements from rationalization and partial progress in passing through costs to selling prices supported earnings, the loss widened year on year due to higher raw material prices and freight costs, production losses caused by sharp production cuts immediately before production due to semiconductor shortages, increased labor costs reflecting wage increases in the United States and other factors.」
Although sales increased due to foreign exchange effects, new vehicle launches and partial price pass-through, the segment loss widened from ¥1,043 million in the same period of the previous year to ¥1,633 million. - FY2023-Q2WorsenedAnnual report
「North American sales increased ¥2,667 million, or 17.5%, year on year to ¥17,882 million, partly because some of the increases in foreign exchange effects and raw material costs were passed through to selling prices. Excluding foreign exchange effects and other factors, however, sales have not recovered due to the continuing impact of semiconductor supply shortages and other factors, and conditions remain difficult. The segment posted a loss of ¥1,129 million, compared with a segment loss of ¥195 million in the same period of the previous year.」
Although sales appeared to increase 17.5% due to foreign exchange effects and price pass-through, sales excluding foreign exchange effects and other factors did not recover, and the segment loss widened from ¥195 million in the same period of the previous year to ¥1,129 million. - FY2023-Q1WorsenedAnnual report
「North American sales increased ¥335 million, or 3.9%, year on year to ¥8,981 million due to foreign exchange effects and other factors, but declined excluding foreign exchange effects due to the impact of semiconductor supply shortages and other factors. Despite efforts to improve profitability through rationalization, the segment posted a loss of ¥479 million, compared with segment profit of ¥343 million in the same period of the previous year, due to the impact of lower sales, higher prices for resin and magnesium raw materials resulting from market conditions, production losses caused by sharp production cuts immediately before production due to semiconductor shortages, higher labor costs reflecting wage increases in the United States, higher freight costs and increased overhead costs due to inflation.」
Excluding foreign exchange effects, sales declined, and the North American segment swung from profit of ¥343 million in the same period of the previous year to a loss of ¥479 million. The impact of production cuts by major customers worsened at the earnings level due to semiconductor shortages, higher raw material prices, wage increases, higher freight costs and other factors. quantified is true, materialized is true. - FY2022WorsenedAnnual report
「North American sales increased ¥1,715 million, or 6.3%, year on year to ¥29,128 million, due to recovery from the effects of the spread of COVID-19 through the second quarter, new vehicle launches, foreign exchange effects and other factors. However, sales declined from the third quarter onward due to the prolonged impact of semiconductor supply shortages and other factors, and difficult conditions have continued. The segment posted a loss of ¥1,436 million, compared with a segment loss of ¥788 million in the previous fiscal year.」
Although full-year sales increased, the North American segment loss widened from ¥788 million to ¥1,436 million due to semiconductor shortages, freight costs, resin raw materials, labor costs and other factors. - FY2022-Q3WorsenedAnnual report
「North America posted steady year-on-year increases in sales and profit through the second quarter, but on a standalone third-quarter basis, sales and profit declined year on year as negative factors, including semiconductor supply shortages, continued for an extended period.」
Although cumulative sales in North America increased 11.6%, sales and profit declined on a standalone third-quarter basis due to semiconductor supply shortages and other factors, and the cumulative segment loss widened to ¥1,043 million from ¥938 million in the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「North American sales increased ¥4,930 million, or 47.9%, year on year to ¥15,215 million, despite the impact of production adjustments by customers resulting from supply disruptions, mainly of semiconductors, caused by the spread of COVID-19 in Southeast Asia, due to recovery from the effects of the pandemic, new vehicle launches and other factors. The segment posted a loss of ¥195 million, compared with a segment loss of ¥1,155 million in the same period of the previous year.」
Despite the continued impact of production adjustments by customers, North American sales increased 47.9% due to recovery and new vehicle launches, while the segment loss narrowed from ¥1,155 million to ¥195 million. - FY2022-Q1MitigatedAnnual report
「North American sales increased ¥620 million, or 7.7%, year on year to ¥8,646 million, due to the launch of new vehicles and other factors. Segment profit increased ¥342 million year on year to ¥343 million, due to the impact of higher sales and operational efficiencies implemented during the COVID-19 pandemic, among other factors. Segment profit was ¥1 million in the same period of the previous year.」
North America posted higher sales and profit due to new vehicle launches and operational efficiencies, with profit increasing from ¥1 million in the same period of the previous year to ¥343 million. - FY2021WorsenedAnnual report
「North American sales fell ¥15,161 million, or 35.6%, year on year to ¥27,413 million, due to production cuts by customers, changes in ordered components and the suspension of customers’ production lines and other factors resulting from the spread of COVID-19, but have recovered steadily since the second half. The segment posted a loss of ¥788 million due to the impact of lower sales in the first half, compared with segment profit of ¥825 million in the previous fiscal year.」
North American sales declined 35.6% for the full year, and the segment swung from profit of ¥825 million in the previous fiscal year to a loss of ¥788 million. Meanwhile, the company stated that the business recovered steadily from the second half onward. - FY2021-Q3MitigatedAnnual report
「North American sales fell ¥14,041 million, or 42.5%, year on year to ¥19,010 million, due to production cuts by customers, changes in ordered components and the suspension of customers’ production lines and other factors resulting from the spread of COVID-19, but recovered steadily in the third quarter. The segment posted a loss of ¥938 million due to the impact of lower sales in the first half, compared with segment profit of ¥785 million in the same period of the previous year. However, the segment turned profitable in the third quarter after the company implemented layoffs in the United States using government subsidies, temporary shutdowns in Mexico and measures to control overhead costs as responses to lower sales.」
Although North America continued to post a cumulative 42.5% year-on-year decline in sales and a cumulative segment loss of ¥938 million, sales recovered steadily in the third quarter, and the segment turned profitable on a standalone third-quarter basis through layoffs using government subsidies, temporary shutdowns and overhead cost controls. - FY2021-Q2WorsenedAnnual report
「North American sales fell ¥12,385 million, or 54.6%, year on year to ¥10,284 million, due to production cuts by customers, changes in ordered components and the suspension of customers’ production lines and other factors resulting from the spread of COVID-19. Despite implementing layoffs in the United States using government subsidies and temporary shutdowns in Mexico as measures to address lower sales, and working to control overhead costs, the segment posted a loss of ¥1,155 million, compared with segment profit of ¥474 million in the same period of the previous year.」
North American sales declined 54.6% year on year, and the segment swung from profit in the same period of the previous year to a loss of ¥1,155 million. In addition to production cuts by customers and changes in ordered components, the suspension of production lines was explicitly identified as a factor. - FY2021-Q1WorsenedAnnual report
「North American sales fell ¥4,145 million, or 34.1%, year on year to ¥8,025 million, despite the limited impact of the spread of COVID-19, due to the impact of production cuts by customers, changes in ordered components and other factors. Segment profit declined ¥329 million, or 99.7%, year on year to ¥1 million, due to the impact of lower sales and other factors.」
North American sales fell 34.1% year on year, while segment profit nearly disappeared, declining from ¥330 million to ¥1 million. In addition to production cuts by customers, changes in ordered components were identified as factors behind the decline in sales. - FY2020North America: profit improved despite lower salesAnnual report
「North American sales fell ¥5,104 million, or 10.7%, year on year to ¥42,575 million, due to the impact of production cuts by customers, weak sales of sedan models and other factors. Despite the impact of lower sales, segment profit increased ¥379 million, or 85.0%, year on year to ¥825 million, due to the effect of new vehicle launches and other factors.」
The sales decline reached 10.7% due to production cuts by customers and weak sales of sedan models, while segment profit increased 85.0% due to the effect of new vehicle launches and other factors. - FY2020-Q3The sales decline deepened, but profit improvedAnnual report
「North American sales fell ¥1,933 million, or 5.5%, year on year to ¥33,051 million, due to the impact of production cuts by customers, weak sales of sedan models and other factors. Despite the impact of lower sales, segment profit increased ¥725 million year on year to ¥785 million, due to the effect of new vehicle launches and other factors. Segment profit was ¥60 million in the same period of the previous year.」
The decline in North American sales widened from 3.8% year on year to 5.5%, while segment profit increased from ¥60 million in the same period of the previous year to ¥785 million. - FY2020-Q2MitigatedAnnual report
「North American sales were ¥22,670 million, down ¥897 million (3.8%) year on year due to sluggish sales of sedan models, production cuts by customers and other factors. Segment profit was ¥474 million, up ¥294 million (164.0%) year on year despite the impact of lower sales, due to the benefits of new vehicle launches and other factors.」
The decline in North American sales narrowed from 10.6% year on year to 3.8%, while segment profit increased 164.0% year on year. However, weak sales of sedan models and production cuts by customers have continued. - FY2020-Q1MitigatedAnnual report
「North American sales were ¥12,171 million, up ¥1,028 million (9.2%) year on year, despite sluggish sales of sedan models and production cuts by customers, due to the launch of new front-collision safety components and other factors. Segment profit was ¥330 million, up ¥158 million (92.4%) year on year due to the impact of higher sales and other factors.」
Although sluggish sales of sedan models and production cuts by customers remain, North America recorded higher sales and profit due to new product launches, improving from the lower sales and loss-making position through the previous fiscal year. - FY2019MitigatedAnnual report
「North American sales were ¥47,680 million, down ¥142 million (0.3%) from the previous fiscal year due to production cuts of the company's main sedan models, specification differences associated with a full model change, changes in product mix, the impact of flooding on customers in Mexico, foreign exchange effects and other factors. Segment profit was ¥446 million, compared with a segment loss of ¥560 million in the previous fiscal year, due to the benefits of new vehicle launches and lower overhead expenses despite the impact of lower sales.」
The decline in North American sales narrowed from 26.2% in the previous fiscal year to 0.3%, and segment profit changed from a ¥560 million loss to a ¥446 million profit. The effects of production cuts involving the main sedan models and other factors remain. - FY2019-Q3MitigatedAnnual report
「North American sales were ¥34,984 million, down ¥2,733 million (7.2%) year on year due to production cuts of the company's main sedan models, specification differences associated with a full model change, changes in product mix, the impact of flooding on customers in Mexico, foreign exchange effects and other factors. Segment profit was ¥60 million, compared with a segment loss of ¥313 million in the same period of the previous year, due to the benefits of new vehicle launches and lower overhead expenses despite the impact of lower sales.」
The decline in North American sales narrowed from 23.9% in the same period of the previous year to 7.2%, and segment profit changed from a ¥313 million loss to a ¥60 million profit. The effects of production cuts involving the main sedan models and other factors continue, however. - FY2019-Q2MitigatedAnnual report
「North American sales were ¥23,567 million, down ¥2,788 million (10.6%) year on year due to production cuts of the company's main sedan models, specification differences associated with a full model change, changes in product mix, foreign exchange effects and other factors. Segment profit was ¥179 million, down ¥0 million (0.3%) year on year, as the impact of lower sales outweighed the benefits of new vehicle launches and lower overhead expenses.」
The decline in North American sales narrowed from 18.5% in the previous quarter to 10.6%, and segment profit also recovered to ¥179 million, roughly in line with the same period of the previous year. The effects of production cuts and model changes involving major vehicle models continue, however. - FY2019-Q1MitigatedAnnual report
「North American sales were ¥11,142 million, down ¥2,529 million (18.5%) year on year due to production cuts of the company's main vehicle models, differences in product mix and other factors. Segment profit was ¥171 million, down ¥189 million (52.4%) year on year due to the impact of lower sales and other factors.」
Although North American sales continued to decline, the rate of decline narrowed from 26.2% for the previous fiscal year to 18.5%, and the segment returned from a loss to profit of ¥171 million. - FY2018WorsenedAnnual report
「North American sales were ¥47,822 million, down ¥16,957 million (26.2%) from the previous fiscal year due to production cuts of the company's main vehicle models. Segment loss was ¥560 million due to the impact of lower sales, compared with segment profit of ¥1,978 million in the previous fiscal year.」
Annual North American sales declined 26.2%, and the segment loss widened to ¥560 million. - FY2018-Q3The rate of sales decline narrowed further, but the segment moved into a lossAnnual report
「North American sales were ¥37,718 million, down ¥11,817 million (23.9%) year on year due to production cuts of the company's main vehicle models. Segment loss was ¥313 million due to the impact of lower sales, compared with segment profit of ¥2,490 million in the same period of the previous year.」
The decline in North American sales narrowed to the same 23.9% level as in the previous quarter, while segment profit changed from profit of ¥2,490 million in the same period of the previous year to a loss of ¥313 million. - FY2018-Q2The rate of sales decline narrowed, while the decline in profit widenedAnnual report
「North American sales were ¥26,356 million, down ¥8,533 million (24.5%) year on year due to production cuts of the company's main vehicle models. Segment profit was ¥180 million, down ¥1,436 million (88.8%) year on year due to the impact of lower sales.」
The decline in North American sales narrowed from 26.9% in the previous quarter to 24.5%, while segment profit declined 88.8% year on year, indicating a greater impact on profit. - FY2018-Q1WorsenedAnnual report
「North American sales were ¥13,671 million, down ¥5,019 million (26.9%) year on year, due to production cuts of major vehicle models and other factors. Segment profit was ¥360 million, down ¥662 million (64.7%) year on year, due to the impact of lower sales.」
North American sales declined 26.9% due to production cuts of major vehicle models, and segment profit also declined 64.7%. The impact of lower sales and lower profit has increased from the previous period. - FY2017-Q3WorsenedAnnual report
「North American sales were ¥49,536 million, down ¥10,030 million (16.8%) year on year, due to the negative impact of foreign exchange translation on sales and production cuts by major customers. Segment profit was ¥2,490 million, up ¥885 million (55.1%) year on year, due to differences in product mix and improved material cost ratios resulting from rationalization.」
The decline in North American sales due to production cuts by major customers and foreign exchange translation widened to 16.8%. Segment profit increased, however, due to improved material cost ratios. - FY2017-Q2WorsenedAnnual report
「North American sales were ¥34,889 million, down ¥4,520 million (11.4%) year on year, due to the negative impact of foreign exchange translation on sales and production cuts by major customers. Segment profit was ¥1,617 million, up ¥943 million (140.0%) year on year, due to differences in product mix and improved material cost ratios resulting from rationalization.」
The decline in North American sales due to production cuts by major customers and foreign exchange translation widened to 11.4%. Segment profit increased, however, due to improved material cost ratios. - FY2017-Q1First statedAnnual report
「North American sales were ¥18,691 million, down ¥815 million (4.1%) year on year, due to the negative impact of foreign exchange translation on sales and production cuts by major customers.」
Production cuts by major customers have materialized as a decline in North American sales.