Dependence on Transactions with the Automotive Industry
First written in FY2019. 10 of 14 entries say "Restated". Latest entry: FY2025-H1.
O-Well moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 11 of 20 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual 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 company continues to show its dependence on automobile production trends in transactions with the automotive industry. Domestic production volumes declined year on year this time, but no change in the degree of dependence itself was reported. - FY2024RestatedAnnual report
「Transactions with the automotive industry currently account for approximately 50% of the total, and are affected by trends in automobile production and sales.」
The company continues to describe a business structure in which transactions with the automotive industry account for approximately 50% of the total and performance is affected by automobile production and sales trends. - FY2024-Q3RestatedAnnual report
「In the automobile industry, our principal customers, automobile production remained on a recovery trend as the semiconductor shortage eased.」
The company continues to show a business structure in which automobile production trends affect performance due to dependence on transactions with the automotive industry. - FY2024-Q2RestatedAnnual 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.」
The company continues to show that automakers’ production trends affect performance in the paint-related business. This time, an increase in production volumes year on year was reported. - 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.」
The company reaffirmed that automakers’ production trends affect performance. Although production fell below the initial plan, increased production by some manufacturers year on year was also reported. - FY2022RestatedAnnual report
「Transactions with the automotive industry currently account for approximately 50% of the total, and are affected by trends in automobile production and sales.」
The company reaffirmed that transactions with the automotive industry account for approximately 50% of the total and that the business structure is influenced by trends in automobile production and sales. - FY2022-Q2RestatedAnnual report
「In addition, production adjustments at automakers, including temporary suspension of operations at some plants, occurred because the global semiconductor shortage and the resurgence of COVID-19 in Southeast Asia made it difficult to procure parts.」
The impact of dependence on transactions with the automotive industry continues to be described in terms of production adjustments at automakers and difficulties in procuring parts. - 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.」
The company continues to show a business structure in which automakers’ production trends affect performance. Production increased year on year but fell below the initial plan due to the semiconductor shortage. - FY2021WorsenedAnnual report
「Transactions with the automotive industry currently account for approximately 50% of the total and are affected by trends in automobile production and sales. In addition, demand for products supplied by our group may decline due to changes in supply and demand conditions or changes in the purchasing policies of customers.」
In addition to approximately 50% dependence on the automotive industry, the company explicitly identified the risk of declining demand due to supply and demand conditions and customers’ purchasing policies. - FY2021-Q3RestatedAnnual report
「In the paint-related business, automobile manufacturers, our primary customers, halted or reduced production due to the spread of COVID-19.」
The impact of dependence on transactions with the automotive industry continues to be reflected in performance through production stoppages and production cuts at automakers. - FY2021-Q2RestatedAnnual report
「In the paint-related business, automobile manufacturers, our primary customers, halted or reduced production following the declaration of a state of emergency in response to the spread of COVID-19.」
The risk associated with dependence on transactions with the automotive industry continues to affect performance through production stoppages and production cuts at automakers. - 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 risk associated with dependence on transactions with the automotive industry has materialized in actual performance through production stoppages and shipment declines at automakers, as well as lower sales. - FY2020WorsenedAnnual report
「Transactions with the automotive industry currently account for approximately 50% of the total, and are affected by trends in automobile production and sales.」
The structure in which transactions with the automotive industry account for approximately 50% of the total remained unchanged, and the effects of lower production, sluggish sales and production adjustments were reflected in performance during the fiscal year. - FY2019First statedAnnual report
「Transactions with the automotive industry currently account for approximately 50% of the total, and are affected by trends in automobile production and sales.」
Because transactions with the automotive industry account for approximately 50% of the total, the company quantified the risk of demand fluctuations arising from trends in automobile production and sales.