Dependence on specific business partners and suppliers, including NISSAN MOTOR CO.,LTD., and the risk of sales suspensions
First written in FY2017. 5 of 18 entries say "Worsened", first in FY2019. Latest entry: 2026-06-26.
Nissan Tokyo Sales Holdings moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2018: 12 of 34 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- 2026-06-26RestatedGovernance
「当社グループの主要事業である自動車販売事業では、日産自動車株式会社より主要商品を仕入れ、販売しているため、当社は、同社との資本関係を構築することで同社グループとの信頼・協力関係をさらに強化し、企業価値の増大を目指してまいる所存です。」
日産自動車との間接的な資本関係および主要商品仕入れの関係を再確認している。一方で、「事業活動、経営判断については、当社の責任の下に独自に意思決定を行うとともに業務を執行しており、当社の独立性は確保されていると認識しております」とも記載している。 - FY2024MitigatedAnnual report
「New vehicle registrations during the fiscal year increased 3.2% year on year nationwide as vehicle supply shortages continued to ease. In Tokyo, the market for our Group, new vehicle registrations increased 7.3% year on year.」
Vehicle supply shortages attributable to semiconductor shortages and other factors are reportedly easing, and the impact on the supply side has diminished from the previous fiscal year as new vehicle registrations in the market and at our Group exceeded the previous year. - FY2024-Q3MitigatedAnnual report
「During the cumulative third quarter of the fiscal year, new vehicle registrations increased as vehicle supply shortages gradually eased, rising 13.1% year on year nationwide and 16.0% in Tokyo, the market served by our Group. Against this backdrop, our Group's new vehicle registrations also increased, led by electric vehicles, including EVs and e-POWER vehicles, but due partly to the impact of models for which orders remain suspended, registrations increased 6.4% year on year.」
Vehicle supply shortages attributable to semiconductor shortages and other factors are reportedly easing, and the impact on the supply side has diminished as market registrations increased. However, the impact of models for which orders remain suspended remains. - FY2024-Q2MaterialisedAnnual report
「Against this backdrop, our Group's new vehicle registrations increased, led by electric vehicles, including EVs and e-POWER vehicles. Due partly to the impact of models for which orders remain suspended, registrations increased 8.2% year on year.」
The impact of models for which orders remain suspended was reflected in actual registrations, with our Group's registrations increasing only 8.2%, compared with a 15.7% increase nationwide across the market. - FY2024-Q1MitigatedAnnual report
「Vehicle supply shortages caused by semiconductor shortages and other factors are gradually easing. New vehicle registrations increased 20.3% year on year nationwide and 24.0% in Tokyo, the market served by our Group.」
Although vehicle supply shortages attributable to specific customers and suppliers remain, they are gradually easing, and new vehicle registrations nationwide and in Tokyo exceeded the previous year. - FY2023RestatedAnnual report
「The vehicle supply shortage, primarily caused by the global shortage of semiconductors and other components, remains uncertain and continues to have a material impact on our business.」
Supply volatility risk arising from dependence on specific customers and suppliers continues in the form of semiconductor shortages and uncertainty over vehicle supply. - FY2023-Q3RestatedAnnual report
「New vehicle sales nationwide during the nine months ended December decreased 0.5% year on year as vehicle supply shortages caused by the semiconductor shortage and other factors continued. In Tokyo, the market for our Group, new vehicle sales decreased 3.9% year on year (both figures based on registration dates).」
The impact of vehicle supply shortages caused by semiconductor shortages and other factors continues, but the year-on-year decline in the national and Tokyo markets has narrowed from the cumulative decline through the previous quarter. - FY2023-Q2WorsenedAnnual report
「Vehicle supply is expected to remain uncertain, and costs are expected to rise due to inflation. Nevertheless, we will continue working to secure further orders and earnings, particularly for electric vehicles.」
Vehicle supply is expected to remain uncertain, while cost increases due to inflation are also anticipated, highlighting concerns on both the supply and cost fronts. - FY2023-Q1WorsenedAnnual report
「Due in part to the ongoing vehicle supply shortage caused by the semiconductor shortage and other factors, nationwide new-car sales declined 14.1% year on year, while new-car sales in Tokyo, the Group's market, declined 17.9%.」
The supply fluctuation risk relating to specific business partners and suppliers continued in the form of vehicle shortages caused by the semiconductor shortage and other factors, affecting nationwide and Tokyo new-car sales, which declined 14.1% and 17.9%, respectively, year on year. - FY2022RestatedAnnual report
「New vehicle sales nationwide during the fiscal year remained below the previous year as vehicle supply shortages continued due to the global semiconductor shortage, lockdowns resulting from the spread of COVID-19 and other factors.」
The supply fluctuation risk relating to specific business partners and suppliers affected full-year results through vehicle shortages caused by the semiconductor shortage and lockdowns. - FY2022-Q3WorsenedAnnual report
「During the nine-month period ended at the third quarter, nationwide new-car sales were below the previous year as a vehicle supply shortage became apparent due to the impact of the global semiconductor shortage since the second quarter and other factors.」
The supply fluctuation risk associated with dependence on specific business partners and suppliers continued into the third quarter in the form of vehicle shortages caused by the global semiconductor shortage, with the impact broadening to nationwide sales below the previous year. - FY2022-Q2WorsenedAnnual report
「In the second quarter (July to September), a vehicle supply shortage became apparent due to the impact of the global semiconductor shortage and parts supply shortages caused by COVID-19 lockdowns in Southeast Asia, resulting in sales below the previous year.」
The supply fluctuation risk relating to specific business partners and suppliers expanded into parts supply shortages caused by the global semiconductor shortage and lockdowns in Southeast Asia, actually affecting vehicle supply and resulting in sales below the previous year. - FY2022-Q1MaterialisedAnnual report
「The Group's new-car sales volume was 5,089 vehicles, up 19.4% year on year, despite the impact of reduced vehicle supply due to the semiconductor shortage.」
The supply fluctuation risk relating to specific business partners and suppliers affected actual new-car sales through reduced vehicle supply caused by the semiconductor shortage. - FY2021RestatedAnnual report
「Accordingly, the Group's operating performance may be affected by fluctuations in production and supply conditions arising from the business strategies, disasters or misconduct of the "specific business partners" and the "suppliers of products, parts and other items to the specific business partners," as well as by sales suspensions and other events. In addition, if the sale of some new vehicles is suspended due to disasters, misconduct or gross negligence by the "specific business partners" or the "suppliers of products, parts and other items to the specific business partners," this could also affect the used-car sales and vehicle maintenance businesses.」
The risk that dependence on specific business partners and suppliers and the impact of sales suspensions could spill over into the used-car sales and vehicle maintenance businesses continues to be disclosed. - FY2019WorsenedAnnual report
「In addition, if the sale of some new vehicles is suspended due to disasters, misconduct or gross negligence by the "specific business partners" or the "suppliers of products, parts and other items to the specific business partners," this could also affect the used-car sales and vehicle maintenance businesses.」
The dependence risk relating to specific business partners and suppliers explicitly states that suspensions of new-vehicle production, supply or sales could spill over into used-car sales and vehicle maintenance, broadening the potential scope of the impact. - FY2019-Q3MitigatedAnnual report
「In addition, during the third quarter of the consolidated fiscal year, the former chairman of NISSAN MOTOR CO.,LTD. was arrested and additional recall notifications were filed due to deficiencies in the final inspection process, but as of the current date we have been able to limit the impact on sales to a minimum.」
Although the former chairman of NISSAN MOTOR CO.,LTD. was arrested and additional recall notifications were filed, the disclosure states that the impact on sales was limited to a minimum as of the quarter-end. - FY2018-Q3MaterialisedAnnual report
「Although orders remained broadly in line with the previous year, the impact of the suspension of vehicle production and shipments following deficiencies in the final inspection process at a vehicle manufacturing plant of the NISSAN MOTOR CO.,LTD. Group temporarily made vehicle registration impossible. As a result, sales from October to December declined, but cumulative sales from April reached 20,788 vehicles, up 1,476 vehicles, or 7.6%, year on year, as sales had increased in the first half.」
The previously disclosed risk of production and shipment suspensions or possible sales suspensions by specific business partners materialised as shipment suspensions, inability to register vehicles and lower sales from October to December due to deficiencies in the final inspection process at the NISSAN MOTOR CO.,LTD. Group. Cumulative sales reached 20,788 vehicles, up 7.6% year on year. - FY2017First statedAnnual report
「The Group's new-car sales business operates under authorised dealer agreements between the Group's automotive dealerships and specific business partners, including NISSAN MOTOR CO.,LTD. The launch cycle for new models, including announcements, releases and model changes, is led by these specific business partners. Accordingly, the Group's operating performance may be affected by fluctuations in production and supply conditions arising from the business strategies, disasters or misconduct of the "specific business partners" and the "suppliers of products, parts and other items to the specific business partners," as well as by sales suspensions and other events.」
Organises dependence on authorised dealer agreements with specific business partners, new-model launches, production and supply, and sales suspensions as structural risks.