Decline in automobile manufacturers’ production
First written in FY2019-Q3. 11 of 23 entries say "Restated". Latest entry: FY2026.
O-Well moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.
14 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Coatings-Related Business posted lower sales and earnings because domestic automobile production by our main customers, automobile manufacturers, as well as production of steel, construction machinery and other products, declined from the previous consolidated fiscal year.」
Production declines continued not only among automobile manufacturers but also in steel, construction machinery and other industries, resulting in lower revenue and profit in the coatings-related business. - FY2026-H1WorsenedAnnual report
「In the coatings-related business, revenue and profit declined owing to lower domestic automobile production by our principal customers, the automobile manufacturers, and lower production in steel, construction machinery and other industries compared with the previous interim consolidated fiscal period.」
Domestic production volumes at automobile manufacturers declined year on year, and production declines spread to steel, construction machinery and other industries, resulting in lower revenue and profit in the coatings-related business. - FY2025WorsenedAnnual report
「In the coatings-related business, production declined compared with the previous consolidated fiscal year in the automobile industry, our principal customers, as well as in industries including steel and construction machinery,」
Production declines were reported not only in the automobile industry but also in steel, construction machinery and other industries, indicating broader deterioration in the business environment due to production trends among major customers and related industries. - FY2025-H1WorsenedAnnual report
「In the coatings-related business, domestic production volumes in the automobile industry, our principal customers, declined compared with the previous interim consolidated fiscal period, but sales increased owing to higher orders in the coating equipment and coating and measurement equipment fields, among other factors.」
The year-on-year decline in domestic production volumes in the automobile industry, our major customer, continues to be a negative factor in the business environment for the coatings-related business. Meanwhile, sales increased owing to higher orders in the equipment and machinery fields. - FY2024-Q3RestatedAnnual report
「In the automobile industry, our principal customers, automobile production remained on a recovery trend as the semiconductor shortage eased.」
It reaffirms that automobile manufacturers' production trends affect performance in the coatings-related business. This time, it reports a recovery in production as the semiconductor shortage eased. - FY2024-Q2MitigatedAnnual report
「In the coatings-related business, sales increased owing to higher production volumes at our principal customers, the automobile manufacturers, compared with the cumulative second quarter of the previous fiscal year, as well as increased sales of coating equipment and machinery, among other factors.」
It states that the year-on-year increase in automobile manufacturers' production volumes led to higher sales in the coatings-related business. - FY2024-Q1MitigatedAnnual report
「In the coatings-related business, sales increased owing to higher production volumes at our principal customers, the automobile manufacturers, compared with the cumulative first quarter of the previous fiscal year, as well as increased sales of coating equipment and machinery, among other factors.」
It states that the year-on-year increase in automobile manufacturers' production volumes led to higher sales in the coatings-related business. - FY2023MitigatedAnnual report
「In the coatings-related business, production volumes at our principal customers, the automobile manufacturers, recovered compared with the previous consolidated fiscal year.」
It states that automobile manufacturers' production volumes recovered year on year, indicating an improvement in the previously identified risk of declining production. - FY2023-Q3RestatedAnnual report
「In the coatings-related business, production volumes at our principal customers, the automobile manufacturers, declined from the initial plan owing to difficulties procuring semiconductors and other parts. However, sales increased because production volumes at some automobile manufacturers rose compared with the cumulative third quarter of the previous fiscal year and the pass-through of higher purchase prices to selling prices progressed, among other factors.」
Although automobile manufacturers' production volumes fell short of the initial plan owing to difficulties procuring parts, they increased year on year at some manufacturers. - FY2023-Q2RestatedAnnual report
「Production volumes at our principal customers, the automobile manufacturers, declined from the initial plan owing to difficulties procuring semiconductors and other parts, but sales increased because production volumes at some automobile manufacturers rose compared with the cumulative second quarter of the previous fiscal year, among other factors.」
It reaffirms that production trends among automobile manufacturers affect the coatings-related business. While some production remained below the initial plan, production at certain manufacturers increased year on year. - FY2022RestatedAnnual report
「Although domestic production in the automobile industry, our principal customer, was affected, sales increased as production recovered among customers in other industries, including construction machinery.」
While reaffirming that production trends in the automobile industry affect the coatings-related business, it also reports a recovery in production among other industries. - FY2022-Q3RestatedAnnual report
「Sales increased as production recovered among customers in other industries, including construction machinery, compared with the cumulative third quarter of the previous fiscal year, despite an impact on domestic production in the automobile industry, our principal customer.」
It continues to show that production trends in the automobile industry affect business performance. Meanwhile, a recovery in production among other industries is also reported. - FY2022-Q2RestatedAnnual report
「Sales increased as production recovered among our principal customers, the automobile manufacturers, and customers in other industries, compared with the cumulative second quarter of the previous fiscal year.」
It continues to show that production trends among automobile manufacturers and other customers affect sales in the coatings-related business. While production recovery is noted year on year, uncertainty about the outlook due to the semiconductor shortage and other factors is also cited. - FY2022-Q1RestatedAnnual report
「Production volumes at our principal customers, the automobile manufacturers, declined from the initial plan owing to the impact of the semiconductor shortage, but increased compared with the cumulative first quarter of the previous fiscal year.」
It continues to cite the business's dependence on automobile manufacturers' production and the impact of production fluctuations. Although production increased year on year, it fell short of the initial plan owing to the semiconductor shortage. - FY2021-Q3RestatedAnnual report
「In the coatings-related business, production by our principal customers, the automobile manufacturers, stopped or declined owing to the spread of COVID-19. Although production by our principal customers, the automobile manufacturers, and customers in other industries has gradually recovered since the state of emergency was lifted, sales declined because production was lower than in the cumulative third quarter of the previous fiscal year.」
The business environment continues to include production stoppages and declines by automobile manufacturers, as well as a gradual recovery after the lifting of the state of emergency, although production remained below the year-earlier level. - FY2021-Q2RestatedAnnual report
「In the coatings-related business, production by our principal customers, the automobile manufacturers, stopped or declined following the issuance of a state of emergency due to the spread of COVID-19. Although production by our principal customers, the automobile manufacturers, and customers in other industries has gradually recovered since the state of emergency was lifted, sales declined because production was lower than in the cumulative second quarter of the previous fiscal year.」
Although production stoppages and declines by automobile manufacturers continued, a gradual recovery after the lifting of the state of emergency was also reported. - FY2021-Q1WorsenedAnnual report
「In the coatings-related business, shipments of paints, chemical products and other items declined because the spread of COVID-19 led to production stoppages by our principal customers, the automobile manufacturers, and production declines among customers in other industries, resulting in lower sales.」
The impact intensified from the earlier decline in automobile manufacturers' production to production stoppages caused by the spread of the infectious disease, and was reported as lower shipments and sales of paints and chemical products. - FY2020WorsenedAnnual report
「In the coatings-related business, sales declined because production by our principal customers, the automobile manufacturers, declined, customers' production lines were shut down following damage caused by Typhoon No. 15 in September, and demand at the end of the period fell owing to the spread of COVID-19.」
In addition to the decline in automobile manufacturers' production, customer production-line shutdowns and lower end-of-period demand resulting from COVID-19 were cited as factors behind the decline in sales. - FY2020-Q3WorsenedAnnual report
「In the coatings-related business, production by our principal customers, the automobile manufacturers, declined. Sales also declined owing to the impact of customers' production lines being shut down following damage caused by Typhoon No. 15 in September.」
As the decline in automobile manufacturers' production continued, customer production-line shutdowns caused by Typhoon No. 15 added to the impact, which materialized as lower sales in the coatings-related business. - FY2020-Q2WorsenedAnnual report
「The weak trend continued amid sluggish global automobile sales, deteriorating Japan-South Korea relations, the deteriorating trend in manufacturing and declining appetite for capital investment.」
In addition to the decline in production by our existing major customers, sluggish global automobile sales are cited as a factor worsening the economic environment. - FY2020-Q1RestatedAnnual report
「Although production by our principal customers, the automobile manufacturers, declined, orders for coating equipment were received and sales to other major customers increased.」
It continues to cite the decline in automobile manufacturers' production as a negative factor in the business environment. - FY2019RestatedAnnual report
「Although production by our principal customers, the automobile manufacturers, declined,」
It continues to cite the decline in production by automobile manufacturers as a negative factor in the business environment for the coatings-related business. - FY2019-Q3First statedAnnual report
「Although production by our principal customers, the automobile manufacturers, declined,」
It cites the decline in production by automobile manufacturers, the principal customers of the coatings-related business, as a negative factor in the business environment.