Impact of the Unqualified Inspection Issue on New-Vehicle Sales
First written in FY2018-Q2. 3 of 5 entries say "Mitigated", first in FY2019-Q1. Latest entry: FY2019-Q3.
1 other company's latest entry also says "Mitigated".
- FY2019-Q3MitigatedAnnual report
「In the current third quarter, there were also events including the arrest of Nissan Motor’s former chairman and additional recalls due to deficiencies in the final inspection process, but as of now the impact on sales has been kept to a minimum.」
The disclosure states that events including the arrest of Nissan Motor’s former chairman and additional recalls due to deficiencies in the final inspection process occurred at Nissan Motor, but that their impact on sales remains minimal as of now. - FY2019-Q2MitigatedAnnual report
「The impact of Nissan Motor’s unqualified inspection issue had been almost eliminated, and the Company focused on creating sales opportunities.」
The disclosure states that the impact progressed from “gradually subsiding” in the first quarter to “almost eliminated,” and that the Company focused on creating sales opportunities. - FY2019-Q1MitigatedAnnual report
「The core business of the Group, the automotive sales-related business, remained relatively firm in Japan during the cumulative first quarter of the current fiscal year, as the impact of Nissan Motor’s unqualified inspection issue gradually subsided and Honda-affiliated businesses benefited from the effect of new models and other factors.」
The disclosure states that the impact of Nissan Motor’s unqualified inspection issue is gradually subsiding, indicating that its impact on sales has weakened from the previous quarter. - FY2018-Q3WorsenedAnnual report
「The domestic new vehicle market remained strong through the first half, but from October onward, sales were slightly below the previous year, partly due to the impact of the unqualified inspection issues at Nissan Motor and Subaru」
In addition to its previous impact on new vehicle sales, the unqualified inspection issue is described as a factor behind the decline in sales across the domestic market, including Nissan Motor and Subaru, from October onward, with its impact becoming more widespread. - FY2018-Q2MaterialisedAnnual report
「Positive factors, including the effect of new models and the resolution of the impact of the suspension of sales of 2 minicars in the previous fiscal year, were partially offset by the newly discovered unqualified inspection issue」
The disclosure states that the newly discovered unqualified inspection issue partially offset the positive effects of new Nissan models and the resolution of the impact of suspended sales in prior fiscal years on Nissan vehicle sales.