Decline in Repair Demand Due to a Decrease or Slower Growth in the Number of Vehicles in Operation
First written in FY2016. 8 of 22 entries say "Restated". Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07MitigatedResults
「国内営業本部は、自動車保有台数の維持と車齢の長期化による安定した補修部品需要に支えられ、主要顧客への販売が堅調に推移しました。」
自動車保有台数の維持と車齢長期化を背景に、補修部品需要が安定しているとの記載が続いた。 - FY2026MitigatedAnnual report
「Stable demand for replacement parts has been supported by the number of vehicles in use being maintained and longer vehicle lifespans, and sales to major customers have remained firm.」
The document states that replacement-parts demand is stable against a backdrop of the number of vehicles in use being maintained and longer vehicle lifespans, presenting the risk of declining demand as mitigated. - 2026-05-08MitigatedResults
「自動車保有台数の維持と車齢の長期化による安定した補修部品の需要があり」
自動車保有台数の維持と車齢の長期化による補修部品需要の安定が継続して示された。 - FY2026-H1MitigatedAnnual report
「The Domestic Sales Division benefited from stable demand for replacement parts due to the increase in vehicles in use and longer vehicle lifespans, and sales to major customers remained firm.」
The document states that replacement-parts demand is stable due to the increase in vehicles in use and longer vehicle lifespans, presenting the risks of declining vehicle numbers and replacement demand as having remained mitigated. - FY2025RestatedAnnual report
「A decline in the number of vehicles in use in Japan and the shift toward vehicle electrification are expected to reduce demand for replacement parts. However, the number of vehicles in use in Japan has increased by approximately 2.3 million over the most recent 10 years, and we believe there will be no adverse impact in the near term.」
While recognizing the risk of declining replacement demand due to a decrease in the number of vehicles in use and vehicle electrification, the company indicated that the increase in vehicles in use over the most recent 10 years means there will be no near-term impact. - FY2024MitigatedAnnual report
「A decline in the number of vehicles in use in Japan and the shift toward vehicle electrification are expected to reduce demand for replacement parts. However, the number of vehicles in use has increased by approximately 2.5 million over the past 10 years, and we believe there will be no adverse impact in the near term.」
While recognizing the risk of declining replacement-parts demand, the company indicated that the increase in the number of vehicles in use means there will be no adverse impact in the near term. - FY2023MitigatedAnnual report
「The number of vehicles in use increased by approximately 3.0 million over the 10 years from 2012. However, if the number of vehicles in use were to decline for any reason, or if its rate of growth were to slow, demand for replacement automotive parts could decrease and adversely affect the Group’s performance. To mitigate the impact of a decline in the number of vehicles in use, the Group is developing high-value-added products and new products tailored to customer needs, and entering new business areas.」
While the risks of a decline in the number of vehicles in use and slower growth continue to be disclosed, high-value-added products, new products and entry into new business areas are explicitly identified as countermeasures. - FY2023-Q3MitigatedAnnual report
「The shortage of new vehicles has extended vehicle lifespans, increasing demand for replacement parts and contributing to higher sales.」
The aging of vehicles in use due to the shortage of new vehicles led to increased demand for replacement parts, and conditions continued to move in the opposite direction from the risks of declining vehicle numbers and replacement demand. - FY2023-Q2MitigatedAnnual report
「Demand for replacement parts for maintaining vehicles in use is increasing amid a global shortage of new and used vehicles.」
Demand for maintenance of vehicles in use increased against a backdrop of insufficient new and used vehicle supply, and replacement-parts demand is currently trending in the opposite direction from the risk of declining demand. - FY2022-Q3WorsenedAnnual report
「Although the automotive aftermarket is being significantly affected by declining new-vehicle sales resulting from the global semiconductor shortage, we will continue to focus on sales of replacement parts in our core business while responding to major changes in the automotive industry, including the spread of EVs and hybrid vehicles, and also focus on developing and selling new products.」
The document states that the decline in new-vehicle sales caused by the global semiconductor shortage is having a major impact on the automotive aftermarket. The impact on the environment surrounding replacement demand has become more apparent. - FY2021-Q1WorsenedAnnual report
「Since the beginning of the year, the Domestic Sales Division has seen a marked decline in the number of parts replaced as the spread of COVID-19 weakened consumer sentiment. Even under these conditions, it has worked to ensure the thorough sale of functional and consumable automotive parts to maintain a stable supply, while also developing and selling new products suited to environmental needs. As a result, sales were ¥5,589 million, down 3.8% year on year.」
The decline in replacement-part volumes became pronounced as COVID-19 weakened consumer sentiment, and the Domestic Sales Division reported a 3.8% year-on-year decrease in sales. - FY2020Update to the increase in the number of vehicles in useAnnual report
「The number of vehicles in use increased by approximately 2.98 million over the 10 years from 2009. However, if the number of vehicles in use were to decline for any reason, or if its rate of growth were to slow, demand for replacement automotive parts could decrease and adversely affect the Group’s operating performance.」
The risk of declining replacement demand due to a decrease in the number of vehicles in use or slower growth remains, while the increase over the 10-year period has been updated to approximately 2.98 million vehicles. - FY2019RestatedAnnual report
「The number of vehicles in use increased by approximately 2.48 million over the 10 years from 2008. However, if the number of vehicles in use were to decline for any reason, or if its rate of growth were to slow, demand for replacement automotive parts could decrease and adversely affect the Group’s operating performance.」
The risk of declining replacement demand due to a decrease in the number of vehicles in use or slower growth is ongoing. The increase over the 10-year period is stated as approximately 2.48 million vehicles. - FY2018RestatedAnnual report
「The number of vehicles in use increased by approximately 2.02 million over the 10 years from 2007. However, if the number of vehicles in use were to decline for any reason, or if its rate of growth were to slow, demand for replacement automotive parts could decrease and adversely affect the Group’s operating performance.」
The risk of lower replacement demand due to a decline in the number of vehicles in operation or slower growth continued to be disclosed. - FY2018-Q3RestatedAnnual report
「The Domestic Sales Division worked to maximize sales of its existing automotive functional and wear parts while developing and selling new products suited to environmental needs in the increasingly competitive automotive aftermarket, where replacement intervals are lengthening and car dealers are actively responding to demand for maintenance services.」
Continuing to recognize the decline in parts replacement frequency, while responding through sales of existing parts and the development and sale of new products. - FY2018-Q2RestatedAnnual report
「The Domestic Sales Division worked to maximize sales of its existing automotive functional and wear parts while developing and selling new products suited to environmental needs in the increasingly competitive automotive aftermarket, where replacement intervals are lengthening and car dealers are actively responding to demand for maintenance services.」
Continuing to recognize the decline in parts replacement frequency, while responding through sales of existing parts and the development and sale of new products. - FY2018-Q1RestatedAnnual report
「The Domestic Sales Headquarters worked to thoroughly sell its conventional range of automotive functional and wear parts and to develop and sell new products suited to the environment and customer needs in the automotive replacement-parts market, where competition is intensifying due to the declining frequency of parts replacement and auto dealers' proactive response to servicing demand.」
Continuing to recognize the decline in parts replacement frequency, while responding through sales of existing parts and the development and sale of new products. - FY2017RestatedAnnual report
「The number of vehicles in operation increased by approximately 1.90 million over the 10 years from 2006, but if it begins to decline for any reason or its growth rate slows, demand for replacement automotive parts may decline, adversely affecting the group's operating performance.」
The risk of lower replacement demand due to a decline in the number of vehicles in operation or slower growth continued to be disclosed. - FY2017-Q3RestatedAnnual report
「The Domestic Sales Headquarters worked to thoroughly sell its conventional range of automotive functional and wear parts and to develop and sell new products suited to customer needs in the automotive replacement-parts market, where competition is intensifying due to the declining frequency of parts replacement and auto dealers' proactive response to servicing demand.」
The company continued to recognize the decline in parts replacement frequency and intensifying competition in the replacement-parts market, while responding through sales of existing parts and the development and sale of new products. - FY2017-Q2MaterialisedAnnual report
「The Domestic Sales Division worked to maximize sales of its existing automotive functional and wear parts while developing and selling new products suited to environmental needs in the increasingly competitive automotive aftermarket, where replacement intervals are lengthening and car dealers are actively responding to demand for maintenance services.」
A continued decline in the frequency of parts replacement was identified as an existing condition, and the premise underlying the risk of lower demand for replacement parts had materialized. - FY2017-Q1MaterialisedAnnual report
「The Domestic Sales Division worked to maximize sales of its existing automotive functional and wear parts while developing and selling new products suited to environmental needs in the increasingly competitive automotive aftermarket, where replacement intervals are lengthening and car dealers are actively responding to demand for maintenance services.」
A decline in the frequency of parts replacement was identified as an existing condition, and the premise underlying the risk of lower demand for replacement parts had materialized. - FY2016First statedAnnual report
「The number of vehicles in operation increased by approximately 2.39 million over the 10 years from 2005, but if it begins to decline for any reason or its growth rate slows, demand for replacement automotive parts may decline, adversely affecting the group's operating performance.」
The risk that a decline or slowdown in the growth of the number of vehicles in operation would directly reduce demand for replacement parts was disclosed.