Dependence on a Specific Automaker for Sales in the China Business and Bidding Risk
First written in FY2020. 1 of 2 entries say "Materialised", first in FY2026. Latest entry: FY2026.
Zero moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2025: 12 of 24 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「In China’s vehicle transportation business, revenue declined as demand for transporting new vehicles produced by Japanese automakers remained sluggish and the decline in unit prices resulting from contract renewals added to the impact.」
The risks associated with dependence on specific automakers and bidding in the China business materialized as an actual revenue decline, driven by weak demand from Japanese automakers and lower unit prices following contract renewals. - FY2020First statedAnnual report
「In China, the company has steadily expanded its business and generated earnings since its founding in 2004, but it depends on a small number of automakers for most of its sales, and its operating results are affected by bidding held every 3 years.」
For the China business, the company disclosed for the first time its concentration of sales among certain automakers and the risk of earnings fluctuations resulting from bidding outcomes every 3 years.