Risk of lower sales of vehicle models produced by TOYOTA MOTOR CORPORATION
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 29 of 92 companies on the "Worse" side.
- FY2024RestatedAnnual report
「In the automotive-related business, the Company's main product, steering wheels, is used exclusively in vehicles manufactured by Toyota Motor Corporation, and the Company has built good relationships with its business partners. To address further customer needs, it is also working to develop new products, including decorative steering wheels and products designed for carbon neutrality.」
While reconfirming its dependence on vehicles manufactured by Toyota Motor Corporation, the Company identifies the development of decorative steering wheels and products designed for carbon neutrality as response measures. - FY2023RestatedAnnual report
「In the automotive-related business, the Company's main product, steering wheels, is used exclusively in vehicles manufactured by Toyota Motor Corporation, and the Company has built good relationships with its business partners. To address further customer needs, it is also working to develop new products, including decorative steering wheels and products designed for carbon neutrality.」
While reconfirming its dependence on vehicles manufactured by Toyota Motor Corporation, the Company identifies decorative steering wheels and products designed for carbon neutrality as response measures. - FY2021RestatedAnnual report
「In the automotive-related business, the Company's main product, steering wheels, is used exclusively in vehicles manufactured by Toyota Motor Corporation, and the Company has built good relationships with its business partners. To address further customer needs, it is also working to develop new products by applying resin molding and 3D dry-transfer technology.」
While reconfirming its dependence on vehicles manufactured by Toyota Motor Corporation, the Company identifies the development of new products using resin molding and 3D dry-transfer technology as a response measure. - FY2020RestatedAnnual report
「In the automotive-related business, the Company's main product, steering wheels, is used exclusively in vehicles manufactured by Toyota Motor Corporation, and the Company has built good relationships with its business partners.」
The customer dependence risk arising from the restriction of automotive-related products to vehicles manufactured by Toyota Motor Corporation is being reconfirmed. - FY2018RestatedAnnual report
「All vehicle models in which the Company's products are installed are produced by TOYOTA MOTOR CORPORATION. Accordingly, a decline in sales of those models could affect business performance.」
Dependence on vehicle models manufactured by Toyota Motor Corporation is reiterated as a risk. - FY2016First statedAnnual report
「All vehicle models in which the Company's products are installed are produced by TOYOTA MOTOR CORPORATION. Accordingly, a decline in sales of those models could affect business performance.」
The automotive-related products are installed only in vehicles produced by TOYOTA MOTOR CORPORATION, creating customer and model concentration risk.