Contraction in Japan’s New Vehicle Sales Market and Sluggish Demand for Kei Cars
First written in FY2017-Q1. 17 of 33 entries say "Mitigated", first in FY2017-Q3. Latest entry: 2026-08-10.
The whole theme swung hardest in 2020: 7 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- 2026-08-10MitigatedEarnings
「Domestic new-vehicle sales during the first three months of the current consolidated fiscal year were 107.0% of the same period of the previous year. One contributing factor appears to have been that some vehicle registrations were made after April in anticipation of the abolition of the environmental performance tax at the end of March 2026.」
Domestic new-vehicle sales exceeded 100% of the previous year’s level, improving from the market contraction and decline in sales that had continued through the previous fiscal year. - FY2026WorsenedAnnual report
「Domestic new-vehicle sales in Japan's automotive market were 99.1% of the previous year's level for the consolidated fiscal year.」
The domestic new-vehicle market declined to 99.1% of the previous year's level, changing from the previous fiscal year's 101.0% to below the year-earlier level. - FY2026-H1MitigatedAnnual report
「Domestic new-vehicle sales for the first half were 100.5% of the year-earlier level, partly because the effects of production stoppages at certain automakers due to deficiencies in type-approval procedures in the previous fiscal year had been resolved.」
The effects of production stoppages caused by deficiencies in an automaker's type-approval procedures in the previous fiscal year were resolved, and domestic new-vehicle sales reached 100.5% of the year-earlier level. - 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.」
Although the effects of production stoppages at certain automakers remained, domestic new-vehicle sales were 101.0% of the previous year's level, exceeding the previous year's level for the full year compared with 97.4% year on year in the previous interim period. - 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.」
Production stoppages at certain automakers due to deficiencies in type-approval procedures continued to affect domestic new-vehicle sales, which were 97.4% of the year-earlier level. - FY2024ReframedAnnual report
「Domestic new-vehicle sales were significantly affected in the fourth quarter by production stoppages at certain automakers due to quality issues. However, as automakers' production generally continued to recover following an easing of semiconductor and component shortages, sales for the consolidated fiscal year were 103.3% of the previous year's level.」
Although production stoppages at certain automakers due to quality issues created a new supply constraint toward the end of the fiscal year, production recovery continued as semiconductor and component shortages eased. Domestic new-vehicle sales for the fiscal year were 103.3% of the previous year's level. - 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 trend of domestic new-vehicle sales exceeding the year-earlier level was reconfirmed as semiconductor and component shortages eased and automakers' production showed signs of recovery. - 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.」
Domestic new-vehicle sales reached 115.7% of the year-earlier level as semiconductor and component shortages eased and automakers' production recovered. The quarter did not show the materialization of market contraction risk, and the recovery trend was reconfirmed. - 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.」
Constraints on the domestic new-vehicle market from semiconductor and component shortages eased, and sales reached 120.3% of the year-earlier level as automakers' production recovered. - FY2023-Q3MitigatedAnnual report
「Domestic new-vehicle sales remained below the previous year through August 2022 due to production delays and output cuts at automakers caused by semiconductor and component shortages, but turned positive from September 2022 onward. Sales were 99.5% of the year-earlier level for the first nine months.」
Although sales remained below the previous year due to semiconductor and component shortages, they turned positive from September 2022 onward, recovering to 99.5% of the year-earlier level in the first nine months. - FY2023-Q2MitigatedAnnual report
「Domestic new-vehicle sales remained below the previous year through August, starting in the second quarter of the previous fiscal year, due to production delays and output cuts at automakers caused by semiconductor and component shortages. Sales turned positive from September onward, but were 93.8% of the year-earlier level for the first half of the current consolidated fiscal year.」
The effects of semiconductor and component shortages continued, but sales turned positive from September onward, narrowing the decline in domestic new-vehicle sales to 93.8% of the year-earlier level. - FY2023-Q1WorsenedAnnual report
「Domestic new-vehicle sales remained below the previous year from the second quarter of the previous fiscal year onward due to production delays and output cuts at automakers caused by semiconductor and component shortages. Sales fell sharply to 85.9% of the year-earlier level in the first quarter of the current consolidated fiscal year.」
The effects of production delays and output cuts caused by semiconductor and component shortages continued, and domestic new-vehicle sales were 85.9% of the year-earlier 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.」
Sales declined from 101.1% of the year-earlier level in the first half to 93.5% in the first nine months, as the effects of production delays and output cuts caused by semiconductor and component shortages continued. - FY2022-Q2ReframedAnnual report
「Domestic new-vehicle sales continued to recover from the second half of the previous fiscal year through the first quarter. However, sales in the second quarter of the current consolidated fiscal year fell to 85.2% of the year-earlier level due to production delays and output cuts at automakers caused by semiconductor and component shortages. For the first half, sales were 101.1% of the year-earlier level, slightly exceeding the previous year.」
The domestic new-vehicle market shifted from its previous recovery trend following COVID-19 to conditions affected by production delays and output cuts resulting from semiconductor and component shortages. Cumulative sales were 101.1% of the year-earlier level, but fell to 85.2% in the second quarter. - FY2022-Q1MitigatedAnnual report
「Domestic new-vehicle sales continued to recover from the second half of the previous fiscal year. As the year-earlier period in the first quarter of the current consolidated fiscal year was the period most severely affected by COVID-19, sales reached 123.8% of the year-earlier level.」
The domestic new-vehicle market recovered to 123.8% of the year-earlier level, partly reflecting the rebound from the low level caused by COVID-19 in the year-earlier period. - FY2021MitigatedAnnual report
「Domestic new-vehicle sales declined 22.6% year on year in the first nine months, a severe result, but the recovery trend became more pronounced from October onward, with the decline narrowing to 7.6% year on year for the consolidated fiscal year.」
The decline in domestic new-vehicle sales narrowed from 22.6% in the first half to 7.6% for the full fiscal year, with a recovery trend reported from October onward. However, full-year sales remained below the previous year's level. - FY2021-Q3MitigatedAnnual report
「Domestic new-vehicle sales declined 22.6% year on year in the first nine months, a severe result, but entered a recovery trend from October onward, with the decline narrowing to 12.0% year on year in the first nine months of the current consolidated fiscal year.」
The year-on-year decline in domestic new-vehicle sales narrowed from 22.6% to 12.0%, and sales entered a recovery trend from October onward. However, they remained below the year-earlier level. - FY2021-Q2MitigatedAnnual report
「Domestic new-vehicle sales declined 31.8% year on year in the first quarter, an unprecedentedly severe result. Although sales remained below the previous year, they showed signs of recovery from June onward, and the decline narrowed to 22.6% year on year for the first half of the current consolidated fiscal year.」
The decline in domestic new-vehicle sales narrowed from 31.8% year on year in the first quarter to 22.6% in the first half, with signs of recovery from June onward. However, sales remained below the year-earlier level. - FY2021-Q1WorsenedAnnual report
「Domestic new-vehicle sales were severely affected by production delays at automakers and the resulting deterioration in consumer sentiment. Sales for the first quarter of the current consolidated fiscal year declined 31.8% year on year, an unprecedentedly severe result.」
The domestic new-vehicle market declined 31.8% year on year, becoming even more challenging than the 4.2% full-year decline in the previous fiscal year. - FY2020WorsenedAnnual report
「The domestic new-vehicle market remained solid through the second quarter for both registered and kei vehicles. However, after the consumption tax increase in the third quarter, sales fell sharply and continued to decline, apparently reflecting a reactionary downturn. In the fourth quarter, when a recovery had been expected, lockdowns and other measures were implemented overseas amid the global spread of COVID-19, while in Japan, delays in vehicle deliveries caused by automakers' production delays and a further deterioration in consumer sentiment also weighed on the market. As a result, domestic new-vehicle sales for the fiscal year declined 4.2% year on year, a severe outcome.」
After remaining solid through the second quarter, domestic new-vehicle sales declined 4.2% year on year for the full year as the post-tax-increase reactionary downturn was compounded by production delays and weaker consumer sentiment resulting from the spread of COVID-19. - FY2020-Q2MitigatedAnnual report
「Both registered-vehicle and kei-vehicle sales remained firm, partly because of rush demand ahead of the consumption tax increase. As a result, domestic new-vehicle sales during the cumulative second quarter increased 5.6% from the previous period.」
Both registered-vehicle and kei-vehicle sales were firm in the domestic new-vehicle market, and sales increased 5.6% from the previous period, partly because of rush demand ahead of the consumption tax increase. - FY2020-Q1RestatedAnnual report
「Both registered-vehicle and kei-vehicle sales remained firm, resulting in a 2.8% increase in domestic new-vehicle sales during the first quarter from the previous period.」
Both registered-vehicle and kei-vehicle sales were firm in the domestic new-vehicle market, and sales increased 2.8% from the previous period. It reconfirms that the market environment remained firm, with no materialization of the risk of market contraction. - FY2019MitigatedAnnual report
「Registered-vehicle sales remained broadly flat, but domestic new-vehicle sales during the fiscal year increased 1.2% from the previous fiscal year as kei-vehicle sales remained firm.」
Registered-vehicle sales were broadly flat, but firm kei-vehicle sales resulted in a 1.2% increase in domestic new-vehicle sales from the previous fiscal year. - FY2019-Q3MitigatedAnnual report
「Registered-vehicle sales, which had continued to decline year on year, turned positive in the third quarter. Domestic new-vehicle sales during the cumulative third quarter increased 2.1% from the previous period.」
Registered-vehicle sales, which had continued to decline year on year, turned positive in the third quarter, and domestic new-vehicle sales also increased 2.1% from the previous period. - FY2019-Q2MitigatedAnnual report
「The Japanese new-vehicle market had continued to decline year on year since October last year, but signs of recovery emerged from July, particularly in kei cars. Domestic new-vehicle sales during the cumulative second quarter consequently increased slightly from the previous period.」
The domestic new-vehicle market, which had continued to fall below the previous year's level, began to recover from July, particularly in kei cars, and cumulative sales also increased slightly from the previous period. - FY2019-Q1WorsenedAnnual report
「The slight year-on-year decline in the Japanese new-vehicle market that had continued since October last year also persisted after April. Domestic new-vehicle sales during the first quarter therefore remained sluggish, down 1.1% from the previous period.」
The declining trend in domestic new-vehicle sales from October last year continued after April, and sales during the first quarter decreased 1.1% from the previous period. - FY2018-Q3WorsenedAnnual report
「The Japanese new-vehicle market remained strong through the first half, but declined slightly year on year from October, partly because of the improper vehicle-inspection issue involving Nissan Motor and Subaru. Domestic new-vehicle sales during the cumulative third quarter were still strong, up 4.5% year on year, but had begun to lose momentum.」
It states that the domestic new-vehicle market maintained a 4.5% year-on-year increase cumulatively, but declined slightly year on year from October, partly because of the improper inspection issue, slowing from the strength seen through the first half. - FY2018-Q2RestatedAnnual report
「The Japanese new-vehicle market remained strong, led by new models. Kei-car sales also exceeded the previous year's level for the 11th consecutive month due to a rebound from the decline caused by the fuel-economy falsification issue. Domestic new-vehicle sales during the cumulative second quarter therefore remained strong, increasing 11.8% year on year.」
It reconfirms that the domestic new-vehicle market exceeded the previous year's level for the 11th consecutive month, driven in part by a rebound in kei-car sales, with sales up 11.8% year on year. - FY2018-Q1MitigatedAnnual report
「The Japanese new-vehicle market remained strong, led by new models. Kei-car sales also exceeded the previous year's level for the 8th consecutive month due to a rebound from the decline caused by the fuel-economy falsification issue. Domestic new-vehicle sales during the cumulative first quarter therefore remained strong, increasing 11.8% year on year.」
It states that domestic new-vehicle sales exceeded the previous year's level for the 8th consecutive month, driven in part by a rebound in kei-car sales, and increased 11.8% year on year. - FY2017MitigatedAnnual report
「The Japanese new-vehicle market showed signs of recovery in registered vehicles from the beginning of the fiscal year, while the decline in kei cars that had continued since the kei-car tax increase two years earlier began to ease. As a result, domestic new-vehicle sales during the fiscal year turned to a 2.8% increase from the previous fiscal year.」
It states that the decline in kei cars eased and domestic new-vehicle sales turned to a 2.8% increase from the previous fiscal year. - FY2017-Q3MitigatedAnnual report
「The Japanese new-vehicle market showed signs of recovery in registered vehicles from the beginning of the fiscal year, while the decline in kei cars that had continued since the kei-car tax increase two years earlier began to ease. As a result, domestic new-vehicle sales during the cumulative third quarter turned to a 0.9% year-on-year increase.」
It states that the decline in kei cars eased and domestic new-vehicle sales turned to a 0.9% year-on-year increase. - FY2017-Q2RestatedAnnual report
「Although the registered-vehicle market in Japan showed signs of recovery, the decline in kei cars continued following the tightening of eco-car tax incentives and the increase in the kei-car tax implemented two years earlier. Domestic new-vehicle sales during the cumulative second quarter decreased 1.0% year on year.」
It describes weak demand for kei cars and a 1.0% year-on-year decline in domestic new-vehicle sales as market conditions continuing from the previous quarter. - FY2017-Q1First statedAnnual report
「Although the registered-vehicle market in Japan showed signs of recovery, the decline in kei cars continued following the tightening of eco-car tax incentives and the increase in the kei-car tax implemented two years earlier. Domestic new-vehicle sales in the first quarter decreased 1.9% year on year.」
It cites weak kei-car sales following the tax changes and a 1.9% year-on-year decline in domestic new-vehicle sales as external conditions.