Dependence on Manufacturer Policies, New-Vehicle Sales Trends and Product Supply
First written in FY2017. 7 of 19 entries say "Restated". Latest entry: FY2025.
Vt Holdings moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Domestic new-vehicle sales for the consolidated fiscal year were 101.0% of the previous year's level, partly because they were significantly affected by production stoppages at certain automakers due to deficiencies in type-approval procedures.」
Production stoppages caused by deficiencies in automakers’ type-approval procedures affected sales, but domestic new-car sales for the fiscal year reached 101.0% of the previous fiscal year. - FY2025-H1RestatedAnnual report
「Domestic new-vehicle sales for the first half were 97.4% of the year-earlier level, partly because they were significantly affected by production stoppages at certain automakers due to deficiencies in type-approval procedures.」
While procedural deficiencies at automakers and the resulting production stoppages continued to affect domestic new-car sales, overseas sales and used-car sales increased. - FY2024MaterialisedAnnual report
「Domestic new-car sales in the fourth quarter of the current consolidated fiscal year were significantly affected by production stoppages at some manufacturers due to quality issues.」
The filing states that manufacturers’ quality issues and the resulting production stoppages actually occurred and had a significant impact on domestic new-car sales. - FY2024-Q3RestatedAnnual report
「Domestic new-vehicle sales were 113.1% of the year-earlier level in the first nine months, as automakers' production showed signs of recovery following an easing of semiconductor and component shortages.」
The Company has reaffirmed that manufacturers’ supply constraints caused by semiconductor and parts shortages have eased and that production has continued to recover. - FY2024-Q2RestatedAnnual report
「Domestic new-vehicle sales were 115.7% of the year-earlier level in the first half, as automakers' production showed signs of recovery following an easing of semiconductor and component shortages.」
The Company has reaffirmed that the easing of semiconductor and parts shortages and the recovery trend in manufacturers’ production have continued. - FY2024-Q1MitigatedAnnual report
「Domestic new-vehicle sales were 120.3% of the year-earlier level in the first quarter, as automakers' production showed signs of recovery following an easing of semiconductor and component shortages.」
Manufacturers’ production disruptions and supply constraints caused by semiconductor and parts shortages eased, and production entered a recovery trend. However, the filing notes that production adjustments associated with model changes affected certain vehicle models. - FY2023-Q3MitigatedAnnual report
「Recently, the impact of manufacturers’ production disruptions has eased somewhat, and new-car sales turned upward, also helped by an increase in imported vehicles.」
The impact of manufacturers’ production disruptions on new-vehicle supply eased somewhat, and new-car sales turned upward, helped by an increase in imported vehicles. - FY2023-Q2RestatedAnnual report
「Although orders, particularly for new models, remained strong in both the Honda and Nissan businesses, sales volumes declined as the impact of production disruptions at the manufacturers continued.」
Although orders for new models were strong, production disruptions at the manufacturers continued, reaffirming the decline in domestic sales volumes. - FY2023-Q1WorsenedAnnual report
「Although orders, particularly for new models, remained strong in both the Honda and Nissan businesses, sales volumes declined due to the impact of production disruptions at the manufacturers.」
Although orders for new models were strong, sales volumes declined due to production disruptions at the manufacturers, with total new-car sales reaching 96.9% of the prior-year level. - FY2022-Q3WorsenedAnnual report
「Domestic new-vehicle sales continued to be below the previous year from the second quarter of the previous fiscal year onward, affected by production delays and output cuts at automakers caused by semiconductor and component shortages. Sales were 93.5% of the year-earlier level in the first nine months of the current consolidated fiscal year.」
The risk of automaker supply and production disruptions continued in the form of semiconductor and parts shortages, and domestic new-car sales fell below the prior-year level in the cumulative third quarter. - FY2022-Q2WorsenedAnnual report
「Domestic new-car sales continued on a recovery trend from the second half of the previous fiscal year through the first quarter of the current consolidated fiscal year, but fell to 85.2% of the prior-year level in the second quarter due to the impact of production delays and production cuts by automakers caused by semiconductor and parts shortages.」
The risk of automaker supply and production disruptions materialized as semiconductor and parts shortages, and domestic new-car sales in the second quarter fell to 85.2% of the prior-year level. - FY2022-Q1MitigatedAnnual report
「Against this backdrop, domestic sales in the Group’s core automotive sales-related business during the first quarter of the current consolidated cumulative period were firm, with sales of new models performing well at both Honda- and Nissan-affiliated operations.」
Although the risk of being affected by the supply of new models from manufacturers remains, the Company states that sales of new models by both its Honda and Nissan businesses were strong during the first quarter under review. - FY2021RestatedAnnual report
「Against this backdrop, domestic sales in the group’s core automotive sales-related business during the fiscal year under review were unable to fully participate in the recovery. The Honda business was affected by delays in the production of new models, while in the Nissan business orders for new models remained firm but production was sluggish.」
The Company has reaffirmed that delays in the production of new models and sluggish production by manufacturers affected domestic sales throughout the fiscal year. - FY2021-Q3RestatedAnnual report
「The Honda business was affected by delays in the production of new models. In the Nissan business, sales of new minicars remained firm, but production of new models in the registered-vehicle category remained sluggish, resulting in difficult conditions.」
Delays in the production of new models and sluggish production by manufacturers continue to affect the sales environment, reaffirming the difficult conditions for domestic sales. - FY2021-Q2RestatedAnnual report
「In the new-car division, domestic sales of Honda vehicles were 2,834 units (down 15.3% year on year), and sales of Nissan vehicles were 7,326 units (down 21.6%). New-car sales across the group, including overseas sales, were 18,501 units (down 19.5%), below the previous year on a unit basis, resulting in lower revenue and profit.」
New-car sales of Honda vehicles, Nissan vehicles and the group as a whole were below the previous year, and the impact on sales of production delays and other issues on the manufacturers’ side has continued. - FY2021-Q1WorsenedAnnual report
「In the new-car division, domestic sales of Honda vehicles were 1,280 units (down 20.9% year on year), and sales of Nissan vehicles were 3,196 units (down 32.6%). New-car sales across the group, including overseas sales, were 6,901 units (down 40.1%), below the previous year on a unit basis, resulting in lower revenue and profit.」
Against a backdrop including manufacturers’ production delays, new-car sales of Honda vehicles, Nissan vehicles and the group as a whole fell substantially, resulting in lower revenue and profit. - FY2020MaterialisedAnnual report
「In the fiscal year under review, the group’s core automotive sales-related business faced difficult domestic sales conditions. Honda vehicle sales were affected by delays in the production of new models, while Nissan sales of registered vehicles remained sluggish despite steady sales of new minicars.」
The filing states that delays in the manufacturer’s production actually affected Honda vehicle sales and contributed to difficult domestic sales conditions. - FY2020-Q1MaterialisedAnnual report
「In the new-car division, domestic sales of Honda vehicles were 1,618 units (down 5.0% year on year), partly due to the manufacturer’s production and inventory adjustments.」
The filing states that the automaker’s production and inventory adjustments were an actual factor behind the 5.0% year-on-year decline in Honda vehicle sales. - FY2017First statedAnnual report
「The group has built an operating structure that is not affected by new-car sales trends by strengthening its used-car, service and rental-car divisions, among other measures. However, the group’s performance may be affected by manufacturers’ policies, new-car sales trends and product supply conditions resulting from disasters and other events.」
While strengthening its used-car, service and rental-car businesses, the Company states that it may be affected by manufacturer policies, new-car sales trends and supply conditions resulting from disasters.