Supply and production stoppages due to disasters, war, terrorism and strikes

「中東情勢の影響につきましては、現時点において、当社の生産活動に直接影響を与えるような事象は発生しておりません。」

「The recent rise in geopolitical risks, including the situation in the Middle East, could cause disruption to logistics networks and sharp increases in energy and raw material costs, including through higher crude oil prices.」

「The global semiconductor shortage is gradually easing, and China's economic activity has begun to recover following the end of its zero-COVID policy. However, concerns remain over sharp increases in, and elevated levels of, prices for certain raw materials, as well as the situation between Russia and Ukraine, leaving conditions uncertain.」

「During the nine months ended 31 December, domestic and overseas economies remained in a difficult situation due to the global semiconductor shortage, a sharp increase in COVID-19 cases in China, soaring raw material prices, the situation surrounding Russia and Ukraine, and sharp foreign exchange fluctuations.」

「During the six months ended 30 September, domestic and overseas economies continued to face severe external-environment volatility, including the global semiconductor shortage, soaring raw material prices, the situation surrounding Russia and Ukraine, and the accelerating depreciation of the yen.」

「During the three months ended 30 June, domestic and overseas economies were in an extremely difficult situation due to the prolonged global semiconductor shortage, soaring raw material prices, the situation surrounding Russia and Ukraine, the impact of the Shanghai lockdown, and other factors.」

「Regarding the risks associated with COVID-19, the Group has been affected by the spread of infections and lockdowns in Shanghai, as well as the impact of production stoppages at customers, including at bases in China.」

「During the nine-month period of the current consolidated fiscal year, economic conditions in Japan and overseas remained affected by prolonged disruptions in the supply of parts, particularly semiconductors, associated with the spread of COVID-19, and automobile production continued to decline.」

「During the six months ended 30 September, domestic and overseas economies saw widening vehicle production cuts due to stagnation in the supply of components, particularly semiconductors, accompanying the spread of COVID-19 in Southeast Asia. As the timing of the resolution remains unforeseeable, the outlook for the automotive industry is expected to remain uncertain.」

「The impact of the spread of COVID-19 is moving into a recovery phase, but automobile production cuts are progressing significantly due to a global semiconductor supply shortage. Since July, some regions, particularly in Southeast Asia, have experienced a renewed spread of COVID-19.」

「The Group's operations and business performance are moving into a recovery phase from the impact of the spread of COVID-19, but could be affected by a renewed spread of infections going forward.」

「North American sales were ¥10,284 million, down ¥12,385 million, or 54.6%, year on year, due to the impact of customers' production cuts and changes in parts orders, as well as the suspension of customers' production lines caused by the spread of COVID-19.」

「Domestic sales were ¥4,938 million, down ¥3,555 million, or 41.9%, year on year, mainly because customers significantly reduced production due to the spread of COVID-19.」

「The spread of COVID-19 has also affected the Group, including the suspension of operations on the relevant production lines in response to requests from governments in various countries and production stoppages by customers, and may affect operations, business performance and other matters going forward.」

「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.」

「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.」

「The Group's operations may be affected by natural disasters, war, terrorism, strikes and other events. In regions where such events occur, the purchase of raw materials and components, the production and sale of products, and logistics services could be delayed, disrupted or suspended.」

「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.」

「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.」

「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.」

「The Group's operations may be affected by natural disasters, war, terrorism, strikes and other events. In regions where such events occur, the purchase of raw materials and components, the production and sale of products, and logistics services could be delayed, disrupted or suspended.」