Strong North American Automotive Production
First written in FY2018-Q1. 6 of 19 entries say "Worsened", first in FY2019. Latest entry: FY2024-Q1.
2 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Production volumes in the automotive industry related to our Group are on a recovery trend due to improvements in semiconductor supply and other factors.」
The explanation has shifted from production failing to recover due to semiconductor shortages and other factors to production volumes being on a recovery trend. - FY2023WorsenedAnnual report
「Although revenue in the Americas declined overall due to lower production volumes in Mexico, it rose 26.3% from the previous period to ¥58,254 million, owing to higher steel prices, foreign-currency translation effects resulting from the weaker yen and other factors.」
While lower production volumes in Mexico weakened overall production in the Americas, revenue increased due to steel prices and foreign-currency translation effects from the weaker yen. - FY2023-Q2WorsenedAnnual report
「In the automotive industry related to our Group, production volumes have not recovered due to the effects of the semiconductor shortage, lockdowns in China and other factors, and the situation remains uncertain.」
The explanation has shifted from the previous coexistence of regional recovery and supply constraints to a continuing situation in which production volumes have yet to recover due to semiconductor shortages, lockdowns in China and other factors. - FY2022-Q2RestatedAnnual report
「In the automotive industry related to the Group's business, production and sales in Japan and Asia exceeded the levels of the same period of the previous year, when the spread of COVID-19 had a major impact on all automakers. Demand for new vehicles is recovering, but customer production adjustments continue due to the recent resurgence of COVID-19 and semiconductor supply shortages.」
While production and sales in Japan and Asia exceeded the prior-year period, production adjustments due to renewed infection spread and semiconductor shortages continued, reconfirming the coexistence of regional recovery and supply constraints. - FY2022-Q1Regional recovery and supply constraintsAnnual report
「In the automotive industry related to the Group's business, production and sales in Japan and Asia exceeded the levels of the same period of the previous year, when the spread of COVID-19 had a major impact on all automakers. Demand for new vehicles is recovering, but customer production adjustments continue due to the recent resurgence of COVID-19 and semiconductor supply shortages.」
Production and sales in Japan and Asia exceeded the prior-year period, indicating a recovery, but customers continued to adjust production due to semiconductor supply shortages and other factors, with recovery coexisting with supply constraints. - FY2021WorsenedAnnual report
「In the automotive industry in which our Group operates, production and sales volumes in every region fell below the prior year due to the spread of COVID-19. Demand for new vehicles is recovering, but most recently customers have successively adjusted production because of semiconductor supply shortages and other factors.」
The automotive production environment by region, including North America, deteriorated as production adjustments by customers due to semiconductor shortages compounded the prior-year declines caused by the pandemic. - FY2021-Q3MitigatedAnnual report
「In the automotive industry in which our Group operates, the spread of COVID-19 had a significant impact on all automakers, with production and sales in Japan, the Americas and Asia falling below the prior-year period. In China, however, production and sales exceeded the prior-year period and continued to trend upward, reflecting the economic recovery trend from April onward. Other countries also showed signs of a recent recovery, although conditions varied by region, and the overall trend was toward recovery.」
While production and sales in Japan, the Americas and Asia continued to fall below the prior-year period, China exceeded the prior-year period and other countries also showed signs of a recent recovery, indicating an overall recovery trend accompanied by regional disparities. - FY2021-Q2RestatedAnnual report
「In the automotive industry in which our Group operates, the spread of COVID-19 had a significant impact on all automakers, with production and sales in Japan, the Americas and Asia falling below the prior-year period. In China, however, production and sales exceeded the prior-year period and began to increase, reflecting the economic recovery trend from April onward.」
Production and sales in Japan, the Americas and Asia fell below the prior-year period, while China recovered to levels above the prior-year period from April onward, reconfirming the same regional disparity as in the previous quarter. - FY2021-Q1WorsenedAnnual report
「In the automotive industry in which our Group operates, the spread of COVID-19 had a significant impact on all automakers, with production and sales in Japan, the Americas and Asia falling below the prior-year period. In China, however, production and sales exceeded the prior-year period and began to increase, reflecting the economic recovery trend from April onward.」
Due to the impact of COVID-19, automotive production and sales in Japan, the Americas and Asia fell below the prior-year period. China, meanwhile, began recovering from April onward, exceeding the prior-year period. - FY2020-Q3WorsenedAnnual report
「In the automotive industry in which our Group operates, pickup trucks, SUVs and other light trucks in the United States have remained strong, while sales of sedans and small cars have continued to languish. In China, production and sales volumes have continued to fall below the prior-year level, partly due to the impact of the U.S.-China trade dispute. In Southeast Asia and other regions, production and sales have been weak in some emerging markets, including India. In Japan, production was broadly flat overall, but sales turned downward following the consumption-tax increase introduced in October 2019. Production and sales volumes also continued to vary by automaker.」
The disclosure describes vehicle-type trends in the United States, China remaining below the prior-year level, and weakness in some emerging markets, including India, while domestic sales turned downward due to the consumption-tax increase. - FY2020-Q2Weakness in emerging markets and divergences in JapanAnnual report
「In the automotive industry in which our Group operates, pickup trucks, SUVs and other light trucks in the United States have remained strong, while sales of sedans and small cars have continued to languish. In China, production and sales volumes have continued to fall below the prior-year level, partly due to the impact of the U.S.-China trade dispute. In Southeast Asia and other regions, production and sales have been weak in some emerging markets, including India. In Japan, production and sales overall have generally remained strong, although volumes have varied by automaker.」
In the United States, light trucks remained strong while sedans and small cars remained weak. China continued to fall below the prior-year level, and weakness in production and sales spread to some emerging markets, including India. Japan was generally strong, although variations by automaker were reported. - FY2020-Q1RestatedAnnual report
「In the automotive industry in which our Group operates, pickup trucks, SUVs and other light trucks in the United States have remained strong, while sales of sedans and small cars have continued to languish. In China, production and sales volumes have continued to fall below the prior-year level, partly due to the impact of the U.S.-China trade dispute. Production and sales in Southeast Asia and other regions generally remained strong. In Japan, production remained strong, while sales were broadly flat.」
In the United States, strong light-truck performance coexisted with weak sedan and small-car sales, while production and sales in China continued to fall below the prior-year level. Other regions were generally strong, and domestic production was reported to be strong. - FY2019WorsenedAnnual report
「In China, which had driven growth in the global automotive market, both production and sales fell below the previous year for the first time in more than 20 years, due in part to the expiry of tax cuts for compact vehicles at the end of 2017 and US-China trade friction.」
Automotive production and sales in China fell below the prior-year level, and the explanation shifted from incorporating rising Chinese production into earnings to covering a period of decline. - FY2019-Q3Declining production and sales in China and declining domestic productionAnnual report
「In the automotive industry in which our Group operates, light trucks in the United States have remained strong, while both production and sales of passenger cars have continued to decline. In China, both production and sales also turned downward. Production and sales in other regions have generally remained strong. In Japan, meanwhile, sales were strong but production declined, resulting in an overall flat trend.」
In addition to declining U.S. passenger-car production and sales, production and sales in China turned downward, while strong domestic sales coexisted with declining production. - FY2019-Q2Lower US passenger-car production, slight decline in domestic productionAnnual report
「In the automotive industry related to our Group, light trucks have remained strong in the United States, but both passenger-car production and sales continue to decline. Production and sales in other regions have generally remained strong. In Japan, exports increased slightly and new vehicle sales were flat, but production declined slightly.」
In the United States, strong light-truck performance coexists with declining passenger-car production and sales, while in Japan new-vehicle sales remain flat, production has edged down, and regional and vehicle-type differences persist. - FY2019-Q1Changes in demand mix and regional production disparitiesAnnual report
「In the automotive industry related to our Group, demand in the United States continues to shift from passenger cars to light trucks. Production and sales in other regions have generally remained strong. In Japan, new vehicle sales were sluggish, but production was broadly flat, supported by higher exports.」
The regional situation was described as continued demand shifting from passenger cars to light trucks in North America, generally strong conditions in other regions, and broadly flat domestic production. - FY2018-Q3Lower US and Mexican production, higher production in BrazilAnnual report
「Despite higher production in Brazil, sales declined 2.8% year on year to ¥56,939 million due to lower production in the United States and Mexico, among other factors.」
In addition to the slowdown in US production, lower production in Mexico was disclosed. Although production in Brazil increased, sales in the Americas declined. - FY2018-Q2Slower US production, higher production in Mexico and BrazilAnnual report
「In the automotive industry related to our Group, production is trending higher in China and Brazil, while it has turned to a slowdown in the United States and remains flat in other regions.」
The description changed from strong North American automotive production in the previous quarter to production turning down in the United States. Meanwhile, production in Brazil was described as trending higher. - FY2018-Q1First statedAnnual report
「In the automotive industry related to our Group, production has remained strong in North America, while it has been broadly flat in other regions.」
It was stated that automotive production remained strong in North America, while production in other regions was broadly flat.