High Dependence on the Automotive Industry
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 11 of 20 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The automotive-related parts business accounts for an overwhelmingly large proportion of the Company’s business, and production trends in the automotive industry may affect the performance and financial position of the Company group.」
The Company continues to identify its high dependence on the automotive-related parts business as a business and other risk. - FY2021RestatedAnnual report
「The Company’s business is divided into two segments, the automotive-related parts business and the other related parts business. The automotive-related parts business accounts for an overwhelmingly large proportion, and production trends in the automotive industry may affect the performance and financial position of the Company group.」
The Company reiterates its high dependence on the automotive-related parts business as a business and other risk. - FY2019RestatedAnnual report
「The automotive-related parts business accounts for an overwhelmingly large proportion of the Company’s business, and production trends in the automotive industry may affect the performance and financial position of the Company group.」
The Company reiterates its high dependence on the automotive-related parts business as a business and other risk. - FY2018RestatedAnnual report
「The automotive-related parts business accounts for an overwhelmingly large proportion of the Company’s business, and production trends in the automotive industry may affect the performance and financial position of the Company group.」
The Company reiterates its high dependence on the automotive-related parts business as a business and other risk. - FY2017First statedAnnual report
「The automotive-related parts business accounts for an overwhelmingly large proportion of the Company’s business, and production trends in the automotive industry may affect the performance and financial position of the Company group.」
The Company explicitly identifies its structural dependence on the automotive-related parts business as a business and other risk.