Market Changes Driven by Vehicle Electrification, Car Sharing, Electric Vehicles, and Autonomous Driving
First written in FY2020. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 4 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In the automotive aftermarket, consumers are increasingly seeking practical utility from automobiles rather than treating them as luxury goods, as preferences diversify. In addition, the automotive environment is expected to continue changing significantly as a result of the spread of electric vehicles, the development of autonomous driving and the expansion of new services such as car sharing.」
The company continues to indicate that the automotive aftermarket is changing as automobiles become more utilitarian and as electric vehicles, autonomous driving and car sharing become more widespread. - FY2020First statedAnnual report
「The automotive environment is expected to continue changing significantly due to the expansion of new services such as vehicle electrification and car sharing, the spread of electric vehicles, and the development of autonomous driving.」
Vehicle electrification, car sharing, electric vehicles, and autonomous driving are identified as new market factors that could affect the automotive products market.