Expanded global sourcing and competition-driven deterioration in sales volumes and profitability
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2020.
0 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual reportThe FY2020 business and other risks do not contain a specific description of deterioration in sales volume and profitability due to expanded global sourcing and competition.
- FY2019RestatedAnnual report
「The engine market for automakers in which the Group operates has become globally competitive as automakers have expanded global sourcing, rather than competing solely with domestic suppliers. In addition, the consolidation and realignment of automakers has led to the large-scale production of identical engines, meaning that the loss of a single order places serious pressure on production and sales and may deteriorate the Group's sales volume and profitability.」
The risk that expanded global sourcing and worldwide competition will deteriorate sales volume and profitability continues to be noted. - FY2018RaisedAnnual report
「The engine market for automakers in which the Group operates has become globally competitive as automakers have expanded global sourcing, rather than competing solely with domestic suppliers.」
Worldwide competition resulting from automakers' expanded global sourcing continues to be noted. - FY2017RestatedAnnual report
「The engine market for automakers in which the Group operates has become globally competitive as automakers have expanded global sourcing, rather than competing solely with domestic suppliers. In addition, the consolidation and realignment of automakers has led to the large-scale production of identical engines, meaning that the loss of a single order places serious pressure on production and sales and may deteriorate the Group's sales volume and profitability.」
The expansion of global sourcing and the globalization of competition are reiterated as risks that may deteriorate sales volume and profitability. - FY2016First statedAnnual report
「Automakers have expanded global sourcing, resulting in competition on a worldwide scale rather than solely with domestic competitors. In addition, the consolidation and realignment of automakers has led to the large-scale production of identical engines, meaning that the loss of a single order places serious pressure on production and sales.」
The loss of a single order is described as potentially placing serious pressure on production and sales.