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Zero (9028) · RiskDecline in new-vehicle sales and slight growth in the used-vehicle market continue

Contraction in Domestic Automotive Demand and New-Vehicle Sales Volumes

First written in FY2016. 12 of 37 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2026.

37entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2018-Q2OtherFY2022-Q3 – FY20232016: 22017: 420172018: 420182019: 320192020: 420202021: 420212022: 320222023: 420232024: 220242025: 220252026: 52026
Same theme, other companies

Zero 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: 7 of 12 companies on the "Worse" side.

2 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
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  1. FY2026Decline in new-vehicle sales and slight growth in the used-vehicle market continueAnnual report

    「In the domestic automotive market, total new-car sales declined to 99.3% of the previous consolidated fiscal year, according to statistics from the Japan Automobile Manufacturers Association. Meanwhile, used-car registrations and sales increased slightly to 100.5% of the previous year as used-car exports remained firm.」

    New-car sales declined to 99.3% of the previous year, while used-car registrations and sales edged up to 100.5%, with weakness in the new-car market coinciding with resilience in the used-car market.
  2. FY2026-H1Declining new-car sales alongside slight growth in the used-car marketAnnual report

    「In the domestic automotive market, total new-car sales declined to 96.8% of the corresponding interim period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. Meanwhile, used-car registrations and sales increased slightly to 100.2% of the corresponding interim period of the previous year as used-car exports remained firm.」

    New-car sales declined to 96.8% of the corresponding interim period of the previous year, while used-car registrations and sales edged up to 100.2%, with recovery and weakness in the domestic automotive market diverging.
  3. FY2025MitigatedAnnual report

    「In the domestic automotive market, total new-car sales increased to 104.1% of the previous consolidated fiscal year. Used-car registrations and sales increased to 100.3% of the previous year as used-car exports remained strong.」

    New-car sales were 104.1% of the previous year, and used-car registrations and sales were 100.3%, indicating a recovery from the previous period's decline in new-car sales. Meanwhile, the long- to medium-term trend toward contraction in the domestic market remains recognized.
  4. FY2025-H1Declining new-car sales alongside recovery in the used-car marketAnnual report

    「Total new-car sales declined to 98.5% of the corresponding interim period of the previous year. Although some automakers performed well in new-model sales, domestic sales overall declined as shipment suspensions resulting from misconduct issues at some automakers during the first half of the previous year continued to have an impact. Meanwhile, used-car registrations and sales increased to 101.2% of the corresponding interim period of the previous year, as demand for used cars increased as substitutes for new cars whose market distribution had stalled, while used-car exports remained strong.」

    The impact of shipment suspensions due to misconduct issues at some automakers continued. New-car sales declined to 98.5%, while used-car registrations and sales increased to 101.2%.
  5. FY2024-Q3WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined to 98.9% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. Sales were affected by shipment suspensions resulting from a series of misconduct issues at some automakers since the end of 2023. Used-car registrations and sales increased to 102.9% of the corresponding period of the previous year, following the recovery in new-car sales through the previous quarter.」

    New-car sales declined to 98.9% of the previous year, with shipment suspensions resulting from misconduct issues at some automakers emerging as an actual factor behind the decline in the new-car market. Meanwhile, used-car registrations and sales increased to 102.9%.
  6. FY2024-Q2RestatedAnnual report

    「Total new-car sales increased to 110.1% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. The recovery trend continued during the second-quarter cumulative period as automakers made progress in working through order backlogs. Used-car registrations and sales increased to 104.1% of the corresponding period of the previous year alongside the recovery in new-car sales.」

    New-car sales were 110.1% of the previous year, while used-car registrations and sales were 104.1%, indicating that the recovery trend in both the new- and used-car markets continued.
  7. FY2024-Q1MitigatedAnnual report

    「In the domestic automotive market, total new-car sales increased to 111.8% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. As automakers increased shipments for the domestic market following the resolution of semiconductor shortages, the recovery trend became clear during the first-quarter cumulative period. Used-car registrations and sales increased to 102.4% of the corresponding period of the previous year as the used-car market was revitalized alongside the recovery in new-car supply and used-car prices, which had continued to rise, began to settle.」

    New-car sales were 111.8% of the previous year, while used-car registrations and sales were 102.4%. Recovery was evident in both the new- and used-car markets against a backdrop of the resolution of semiconductor shortages and increased shipments by automakers.
  8. FY2023Full-year recovery in new-car sales and a decline in used-car registrationsAnnual report

    「In the domestic automotive market, total new-car sales increased to 112.2% of the previous consolidated fiscal year, according to statistics from the Japan Automobile Manufacturers Association. As some automakers increased shipments for the domestic market from the beginning of 2023, the recovery trend became clear during the consolidated fiscal year. Used-car registrations and sales declined to 97.8% of the previous year. Although the used-car market began to show signs of renewed activity as new-car supply recovered, the market was temporarily in a holding pattern as used-car prices, which had continued to rise, began to settle.」

    New-car sales recovered to 112.2% of the previous year, and the recovery trend in the new-car market became clear. Meanwhile, used-car registrations and sales declined to 97.8%, with market recovery and weakness in the used-car market occurring simultaneously.
  9. FY2023-Q3Clear recovery in the new-car market alongside continued decline in the used-car marketAnnual report

    「In the domestic automotive market, total new-car sales increased to 109.9% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. As some automakers increased shipments for the domestic market from the beginning of 2023, the recovery trend became clear in the third quarter. Used-car registrations and sales declined to 96.7% of the corresponding period of the previous year, partly because buyers held off purchases as used-car prices rose.」

    New-car sales increased to 109.9% of the previous year, and the recovery trend became clear as automakers increased domestic shipments. Meanwhile, used-car registrations and sales continued to decline at 96.7%.
  10. FY2023-Q2New-car sales exceeded the previous year but remained low versus two years earlier, while the used-car market continued to declineAnnual report

    「In the domestic automotive market, total new-car sales increased to 106.6% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, but remained low at 88.5% of the level two years earlier because domestic production remained weak. Used-car registrations declined to 95.1% of the corresponding period of the previous year as buyers held off purchases amid rising used-car prices.」

    New-car sales recovered to 106.6% of the previous year but remained at 88.5% of the level two years earlier, while used-car registrations declined to 95.1%. Market recovery coincided with weak domestic production and a soft used-car market.
  11. FY2023-Q1The new-car market exceeded the previous year but remained low versus two years earlier, while the used-car market declinedAnnual report

    「In the domestic automotive market, total new-car sales increased to 101.9% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, but remained low at 86.8% of the level two years earlier, mainly because domestic production remained weak. Used-car registrations declined to 95.0% of the corresponding period of the previous year as buyers held off purchases amid rising used-car prices.」

    New-car sales increased from the previous year but remained at 86.8% of the level two years earlier, while used-car registrations declined to 95.0%.
  12. FY2022-Q3RestatedAnnual report

    「In the domestic automotive market, total new-car sales declined sharply to 83.3% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. Sales were heavily affected by production cuts caused by shortages of automotive parts resulting from semiconductor shortages and the renewed spread of COVID-19 in Southeast Asia. Used-car registrations also declined to 91.8% of the previous year, as trade-in vehicles decreased amid weak new-car sales and buyers held off purchases as used-car prices rose.」

    New-car sales were 83.3% and used-car registrations 91.8%, with weakness in domestic automotive demand continuing amid semiconductor and parts supply shortages and buyers holding off purchases due to higher used-car prices.
  13. FY2022-Q2WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined sharply to 83.0% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association.」

    New-car sales fell sharply to 83.0% of the previous year, and used-car registrations also declined to 92.0%. Semiconductor shortages, automotive-part supply shortages, production cuts, and buyers holding off purchases due to higher used-car prices overlapped, further intensifying weakness in domestic automotive demand.
  14. FY2022-Q1WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined to 85.2% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. Sales were heavily affected by production cuts caused by shortages of automotive parts resulting from semiconductor shortages and the renewed spread of COVID-19 in Southeast Asia. Used-car registrations also declined to 91.8% of the corresponding period of the previous year, as trade-in vehicles decreased amid weak new-car sales and buyers held off purchases as used-car prices rose.」

    New-car sales fell to 85.2% of the previous year and used-car registrations to 91.8%. Production cuts caused by supply shortages and buyers holding off purchases due to higher used-car prices further intensified weakness in domestic automotive demand.
  15. FY2021Market recovery alongside production cuts due to supply constraintsAnnual report

    「In the domestic automotive market, total new-car sales increased to 104.4% of the previous consolidated fiscal year, according to statistics from the Japan Automobile Manufacturers Association.」

    Full-year new-car sales recovered to 104.4% and used-car registrations to 102.8%, while production cuts in the fourth quarter were affected by shortages of semiconductors and automotive parts.
  16. FY2021-Q3A slight increase in new-car sales and growth in used-car registrationsAnnual report

    「In the domestic automotive market, total new-car sales turned to slight growth at 100.2% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. In the first quarter, sales declined to 85.4% as the effect of front-loaded demand ahead of the previous year's consumption tax increase disappeared and demand remained weak due to the spread of COVID-19. In the second and third quarters, however, sales increased from the previous year as the previous year had been affected by the post-consumption-tax-increase reaction. Used-car registrations increased to 101.8% of the corresponding period of the previous year. The company believes that demand increased as some transportation shifted from public transport to private cars due to the spread of COVID-19.」

    New-car sales rose from 85.4% in the first quarter to a slight cumulative increase of 100.2% as the second and third quarters turned around. Used-car registrations also increased to 101.8%, indicating a partial improvement in market conditions after the cumulative decline through the previous quarter.
  17. FY2021-Q2Cumulative decline in new-car sales and a second-quarter turnaroundAnnual report

    「In the domestic automotive market, total new-car sales declined to 97.9% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. In the first quarter, sales declined to 85.4% as the effect of front-loaded demand ahead of the previous year's consumption tax increase disappeared and demand remained weak due to the spread of COVID-19. In the second quarter, however, sales turned around to 114.6% as the previous year had been affected by the reaction following the consumption tax increase. Used-car registrations increased to 101.6% of the corresponding period of the previous year. The company believes that demand increased as some transportation shifted from public transport to private cars due to the spread of COVID-19.」

    New-car sales declined to 97.9% of the previous year on a cumulative basis and fell to 85.4% in the first quarter, but turned around to 114.6% in the second quarter. Used-car registrations increased to 101.6%, with market weakness and a partial recovery occurring simultaneously.
  18. FY2021-Q1WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined to 85.4% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. Although there had been front-loaded demand ahead of the consumption tax increase in the corresponding period of the previous year, that effect had disappeared this year, and demand remained weak due to the spread of COVID-19. Used-car registrations declined only slightly to 99.2% of the corresponding period of the previous year. The company believes that demand increased as some transportation shifted from public transport to private cars due to the spread of COVID-19.」

    New-car sales fell to 85.4% of the previous year, with the post-front-loaded-demand reaction and weak demand due to the spread of COVID-19 cited. Used-car registrations also declined slightly to 99.2%, and weakness in domestic automotive demand continued.
  19. FY2020WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined to 87.8% of the previous consolidated fiscal year, according to statistics from the Japan Automobile Manufacturers Association. In the fourth quarter, sales fell to 68.2% of the corresponding quarter of the previous year due to the Japanese government's state of emergency declaration, restrictions on going out, and restrained consumption.」

    Domestic new-car sales fell to 87.8% of the previous year, dropping to 68.2% in the fourth quarter. The post-consumption-tax-increase reaction, natural disasters, and the impact of COVID-19 overlapped.
  20. FY2020-Q3WorsenedAnnual report

    「The domestic automotive market was also weak, with some automakers adjusting production. Total new-car sales declined to 93.7% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association.」

    New-car sales fell to 93.7% of the previous year, with a double-digit decline continuing in the third quarter at 89.8% year on year. The report also cites the post-consumption-tax-increase reaction and the impact of the spread of COVID-19.
  21. FY2020-Q2WorsenedAnnual report

    「In the domestic automotive market, total new-car sales declined to 96.1% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association. New-car sales increased to 108.1% year on year in the first quarter of the consolidated fiscal year due to front-loaded demand ahead of the consumption tax increase in the previous year. In the second quarter, however, sales turned sharply lower at 83.7% year on year as demand fell back after the front-loaded spending, natural disasters occurred, and consumers held off purchases in anticipation of new models and subsidies for safe-driving support cars. Used-car registrations showed a similar trend, but remained slightly higher at 100.0% of the corresponding period of the previous year.」

    After front-loaded demand in the first quarter, new-car sales fell sharply to 83.7% of the previous year in the second quarter and stood at 96.1% on a cumulative basis. Used-car registrations posted only slight growth, and the risks of market contraction and a post-demand rebound decline increased.
  22. FY2020-Q1Growth in the new- and used-car markets driven by front-loaded demand ahead of the consumption tax increaseAnnual report

    「In the domestic automotive market, total new-car sales increased to 108.1% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, due to front-loaded demand ahead of the consumption tax increase. Used-car registrations also increased from the corresponding period of the previous year, in line with new-car sales.」

    New-car sales were 108.1% of the previous year, and used-car registrations also increased. The report cites front-loaded demand ahead of the consumption tax increase as a factor.
  23. FY2019-Q3Cumulative growth, but weakness in MarchAnnual report

    「In the automotive industry, new-car sales increased to 101.9% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, as the vehicle inspection issue ran its course and kei-car sales were strong. However, March, the peak month for automobile sales, was weak at 96.0% year on year. Used-car registrations also increased from the corresponding period of the previous year, in line with new-car sales, but were weak in March.」

    New-car sales were 101.9% of the previous year on a cumulative basis, and used-car registrations also increased. However, both new and used cars were weak in March, the peak month for automobile sales, with improvement and slowing momentum occurring simultaneously.
  24. FY2019-Q2Growth in both the new- and used-car marketsAnnual report

    「In the automotive industry, new-car sales increased to 103.6% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, as the vehicle inspection issue ran its course and kei-car sales were strong. Used-car registrations also increased from the corresponding period of the previous year, in line with new-car sales.」

    New-car sales were 103.6% of the previous year, and used-car registrations also increased. Compared with the previous period, the description of market conditions improved from a decline in the new-car market and a slowdown in the used-car market.
  25. FY2019-Q1Increase in new-car sales and flat used-car registrationsAnnual report

    「In the automotive industry, new-car sales increased to 101.0% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, as new kei-car models sold well. Used-car registrations were flat at the level of the corresponding period of the previous year.」

    New-car sales increased to 101.0% of the previous year, while used-car registrations were flat at 100.0%. Compared with the previous period, the description of market conditions improved from a slowing new-car market and a weakening used-car market.
  26. FY2018WorsenedAnnual report

    「In the automotive industry, new-car sales declined to 99.6% of the previous year, according to statistics from the Japan Automobile Manufacturers Association, affected by the vehicle inspection issue and the fading impact of new-model launches. Used-car registrations increased from the previous year, but momentum slowed due to the decline in new-car sales.」

    The report states that new-car sales turned lower at 99.6% of the previous year, and that momentum in the used-car market also slowed due to the decline in new-car sales.
  27. FY2018-Q3WorsenedAnnual report

    「In the domestic new-car market, total new-car sales turned lower at 99.8% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, affected by the vehicle inspection issue and the fading impact of new-model launches. The decline is gathering pace. Used-car registrations increased from the previous year, but the used-car market also slowed as a result of lower new-car sales.」

    New-car sales fell from 101.0% of the previous year in the preceding quarter to 99.8%, and the report states that the new-car market had turned lower and was losing momentum. The used-car market also slowed due to lower new-car sales.
  28. FY2018-Q2Slowing growth in new-car sales, a recovery in the used-car market, and weak used-car exportsAnnual report

    「In the automotive industry, domestic new-car sales by domestic manufacturers increased to 101.0% of the corresponding cumulative period of the previous year, according to statistics from the Japan Automobile Manufacturers Association, although the pace of growth slowed. The used-car market showed signs of recovery from the corresponding period of the previous year.」

    Domestic new-car sales exceeded the previous year, but growth momentum slowed, while the used-car market was said to be recovering. Used-car exports were weak at 92.2% of the previous year, with improving and deteriorating market conditions occurring simultaneously.
  29. FY2018-Q1Firm new-car sales and a recovery in the used-car marketAnnual report

    「In the automotive industry, domestic new-car sales by domestic manufacturers were firm at 104.2% of the corresponding cumulative period of the previous year (hereinafter, the "corresponding period of the previous year"), according to statistics from the Japan Automobile Manufacturers Association. The used-car market also showed signs of recovery from the corresponding period of the previous year.」

    Domestic new-car sales were firm at 104.2% of the corresponding period of the previous year, while the used-car market also showed signs of recovery.
  30. FY2017Short-term recovery in the new- and used-car markets alongside weakness in used-car exportsAnnual report

    「For the full year, new-car sales totaled 5,205,451 units (105.9% year on year), while used-car sales totaled 6,838,795 units (101.5% year on year). Meanwhile, used-car exports continued to decline, totaling 1,325,101 units (96.6% year on year), as conditions remained uncertain due to international developments and changes in exchange rates.」

    Domestic new- and used-car sales exceeded the previous year, while used-car exports continued to fall short of the previous year. The company also separately indicated concerns about long-term contraction in the domestic market.
  31. FY2017-Q3New- and used-vehicle sales recovering; used-vehicle exports sluggishAnnual report

    「In the automotive industry, domestic new-vehicle sales by domestic manufacturers were 104.1% of the cumulative consolidated period through the same quarter of the previous year (hereinafter, the same period of the previous year) (Japan Automobile Manufacturers Association statistical data), showing signs of recovery. Domestic used-vehicle sales remained firm at 100.8% of the same period of the previous year, while exports were sluggish at 94.1%.」

    Domestic new-vehicle sales recovered to 104.1% of the previous year, as did domestic used-vehicle sales at 100.8%, while used-vehicle exports remained sluggish at 94.1%, with improving and deteriorating market conditions coexisting.
  32. FY2017-Q2New-vehicle market recovering; used-vehicle market sluggishAnnual report

    「In the automotive industry, domestic new-vehicle sales by domestic manufacturers were 102.0% of the previous year (Japan Automobile Manufacturers Association statistical data), showing signs of recovery, while the used-vehicle market remained sluggish at 93.3% of the previous year.」

    Domestic new-vehicle sales recovered to 102.0% of the previous year, while the used-vehicle market was at 93.3% and exports of used passenger vehicles were at 91.7%, indicating mixed market conditions.
  33. FY2017-Q1RestatedAnnual report

    「In the automotive industry, domestic new-vehicle sales by domestic manufacturers remained sluggish at 99.5% of the cumulative consolidated period through the same quarter of the previous year.」

    The view that the domestic new-vehicle sales market remains sluggish continues to be maintained.
  34. FY2016First statedAnnual report

    「Because domestic vehicle transportation is linked to the domestic automotive sales market, the current trend of declining vehicle sales represents an extremely challenging business environment.」

    Domestic new-vehicle sales by domestic manufacturers were disclosed as 4,917,221 units, or 94.0% of the previous year.
Moved together

"Sales Dependence on Nissan Motor Group" moved the same way as this thread, in the same document, in 9 of its 37 moves.

944433★123456
  1. ★This thread
  2. 1Sales Dependence on Nissan Motor Group9×
  3. 2Medium- to long-term increases in fuel prices4×
  4. 3Impact of COVID-19 on business activities and earnings4×
  5. 4Natural Disasters, Fires and Information System Outages4×
  6. 5Rebuilding Automotive-Related Businesses and Creating New Businesses and Services3×
  7. 6Production Cuts Due to Shortages of Semiconductors and Automotive Parts3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Zero yet. It last moved in the Earnings presentation of 2026-08-24: "Worsened".
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Contraction in Domestic Automotive Demand and New-Vehicle Sales Volumes | ZERO CO.,LTD. (9028) | Komori