Dependence on the Automotive Industry and Major Customers’ Production Plans
First written in FY2021. 4 of 13 entries say "Materialised", first in FY2022-Q2. Latest entry: FY2025-H1.
The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.
- FY2025-H1MaterialisedAnnual report
「In the "automotive supplier (manufacturing of automotive interior and exterior components and precision automotive components)" business, domestic automaker production has continued at a high level, but the business was affected by production and shipment suspensions for certain vehicle models.」
Although domestic automaker production remained at a high level, production and shipment suspensions for certain vehicle models had an actual impact on the automotive parts business. - FY2024-Q3RestatedAnnual report
「In the group's business area of "monozukuri (management)," the shortage of components, particularly semiconductors, has been resolved, and domestic production by automakers has remained at a high level.」
The disclosure continues to describe the resolution of component supply shortages and the continued high level of domestic automaker production. - FY2024-Q2RestatedAnnual report
「In the group's business area of "monozukuri (management)," the shortage of components, particularly semiconductors, has been resolved, and domestic production by automakers has remained at a high level.」
The disclosure continues to describe the resolution of the shortage of components, particularly semiconductors, and the continued high level of domestic automaker production. - FY2024-Q1MitigatedAnnual report
「The semiconductor shortage resulting from the spread of COVID-19 and other factors has been resolved, and domestic production by automakers has remained at a high level.」
As the semiconductor shortage was resolved and domestic automaker production remained at a high level, the impact of the business environment's dependence on production plans in the automotive industry and among major customers was temporarily eased. - FY2023MitigatedAnnual report
「Domestic production by automakers was continuously affected by production plan revisions from the beginning of the period, but recovered substantially toward the end of the period.」
The impact of production plan revisions due to semiconductor shortages and other factors remained, but domestic automaker production recovered toward the end of the period. - FY2023-Q3RestatedAnnual report
「The manufacture of automotive interior and exterior parts and automotive precision parts recorded lower revenue and lower profit as a result of production cuts by automakers following semiconductor supply shortages and supply chain disruptions, and revisions to their production plans.」
Automakers' production cuts resulting from semiconductor shortages and supply chain disruptions continue to be reflected in lower revenue and lower profit in the automotive-related business. - FY2023-Q2MaterialisedAnnual report
「The manufacture of automotive interior and exterior parts and automotive precision parts recorded lower revenue and lower profit as a result of production cuts by automakers following semiconductor supply shortages and supply chain disruptions, and revisions to their production plans.」
The automakers' production plan revisions and production cuts materialized in the cumulative second quarter period as lower revenue and lower profit in the automotive parts manufacturing business. - FY2023-Q1MaterialisedAnnual report
「The manufacture of automotive interior and exterior parts and automotive precision parts recorded lower revenue and lower profit as a result of production cuts by automakers following semiconductor supply shortages and supply chain disruptions, and revisions to their production plans.」
Revisions to automakers’ production plans and production cuts actually resulted in lower revenue and lower profit in the automotive parts manufacturing business. - FY2022WorsenedAnnual report
「三井屋工業株式会社 and 佐藤工業株式会社, the Company’s principal subsidiaries, both have a high proportion of sales to the automotive industry. The Group’s business performance could be significantly affected, particularly by the sales volumes, factory operating conditions and capital investment of the Toyota Motor Group and the Aisin Group.」
Sales concentration among major customers continued, with the fiscal-year sales mix at 32.4% for Aisin, 18.8% for Toyota and 13.1% for Toyota Boshoku. Automakers continued to revise their production plans. - FY2022-Q3WorsenedAnnual report
「In the manufacture of automotive interior and exterior parts and automotive precision parts, conditions recovered during the nine months of the current consolidated fiscal year compared with the spread of COVID-19 in the previous fiscal year. However, the businesses are again in a severe situation with no clear outlook due to the spread of COVID-19 variants.」
Although conditions recovered from the previous fiscal year, the automotive-related businesses were again described as being in a severe situation due to the spread of COVID-19 variants. - FY2022-Q2MaterialisedAnnual report
「In the manufacture of automotive interior and exterior parts and automotive precision parts, production was affected by semiconductor shortages in the latter half, but overall the businesses are recovering from the impact of the COVID-19 pandemic in the previous fiscal year.」
Regarding dependence on the automotive industry and major customers’ production plans, automakers’ production cuts due to semiconductor shortages actually affected the business, although overall conditions were described as being on a recovery trend. - FY2022-Q1Recovery in the automotive market and steady progress in orders and salesAnnual report
「Domestic new-vehicle sales and overseas sales by Japanese automakers, mainly in North America, are recovering, and the Group’s orders and sales are progressing steadily.」
While the structural dependence on major customers and the automotive market continues, domestic new-vehicle sales and overseas sales, mainly in North America, were described as being on a recovery trend during the current quarter. - FY2021First statedAnnual report
「三井屋工業株式会社 and 佐藤工業株式会社, the Company’s principal subsidiaries, both have a high proportion of sales to the automotive industry. The Group’s business performance could be significantly affected, particularly by the production and sales volumes and capital investment plans of the Toyota Motor Group and the Aisin Group.」
The sales mix for the fiscal year was Aisin AW 27.4%, Toyota 18.2% and Toyota Boshoku 12.7%.