Decline in revenue from the automotive sales business due to lower replacement demand for large buses
First written in FY2019-Q1. 11 of 15 entries say "Materialised", first in FY2019-Q1. Latest entry: 2026-04-28.
Kanagawa Chuo Kotsu moved to the "Worse" side of this theme in 2018, 5 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 2 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-04-28WorsenedFinancial results presentation
「The commercial vehicle sales business is expected to post lower revenue and profit owing to declines in truck and bus sales.」
The fiscal 2027 forecast assumes lower revenue and profit in the commercial vehicle sales business owing to declines in truck and bus sales. - FY2024-Q3MitigatedAnnual report
「In the commercial-vehicle sales business, revenue increased at 神奈川三菱ふそう自動車販売㈱ due to higher truck and bus unit sales, as well as increased vehicle maintenance resulting from sales activities targeting inspections, maintenance and other services for existing customers.」
The commercial vehicle sales business generated higher revenue as truck and bus units sold increased and vehicle maintenance work through maintenance sales activities also increased. The previous trend of lower revenue due to declining replacement demand for large buses has eased. - FY2023MitigatedAnnual report
「In the commercial-vehicle sales business, revenue increased at 神奈川三菱ふそう自動車販売㈱ due to higher truck and bus unit sales, as well as increased vehicle maintenance resulting from sales activities targeting inspections, maintenance and other services for existing customers.」
The commercial vehicle sales business generated higher revenue as truck and bus units sold increased, along with an increase in vehicle maintenance work through maintenance sales activities. - FY2023-Q1MaterialisedAnnual report
「In the commercial vehicle sales business, at 神奈川三菱ふそう自動車販売㈱, truck units sold declined due to manufacturers' production cuts resulting from the semiconductor shortage, while replacement demand for buses declined due to the impact of COVID-19 and other factors, resulting in lower revenue.」
As lower replacement demand for buses continued, manufacturers' production cuts caused by the semiconductor shortage and the resulting decline in truck units sold also contributed to lower revenue in the commercial vehicle sales business. - FY2022MaterialisedAnnual report
「In addition to a decrease in truck units sold due to manufacturers' production cuts resulting from the semiconductor shortage, revenue declined due to lower replacement demand for buses caused by the impact of COVID-19 and other factors.」
In addition to lower replacement demand for buses, manufacturers' production cuts caused by the semiconductor shortage and the resulting decline in truck units sold emerged as factors behind the decline in revenue from the automotive sales business. - FY2022-Q3MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, the Shonan Branch was newly built and relocated in May to a site with improved access from the Shin-Tomei Expressway and other routes, as part of efforts to optimize the sales network. Although sales of new medium-duty trucks continued to perform well, revenue declined due to lower replacement demand for large buses resulting from the impact of COVID-19 and other factors.」
While efforts to optimize the sales network continued, lower replacement demand for large buses due to the impact of COVID-19 continued to materialize as a factor behind the decline in revenue from the automotive sales business. - FY2021-Q3MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, replacement demand for buses and trucks declined as corporate customers revised their capital investment plans due to the impact of COVID-19, resulting in a decrease in units sold and lower revenue.」
Corporate customers' revisions to their capital investment plans amid the spread of the infection continued to materialize as lower replacement demand for buses and trucks and a decline in units sold. - FY2021-Q1MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, replacement demand for buses and trucks declined as corporate customers revised their capital investment plans amid the spread of COVID-19, resulting in a decrease in units sold and lower revenue.」
The risk of lower replacement demand for large buses again materialized in the form of corporate customers revising their capital investment plans and a decline in units sold amid the spread of the infection. - FY2020MitigatedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, revenue increased due in part to higher replacement demand for large buses and steady sales of the light truck “Canter.”」
The risk of lower replacement demand for large buses turned into an increase in demand during the fiscal year, becoming a factor behind higher revenue from the automotive sales business. - FY2020-Q3MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of the Canter light truck continued to perform well, and the average unit price for vehicle maintenance services increased as the company worked to secure profitable orders in the maintenance division. However, revenue declined due to a decrease in the number of large buses sold and other factors.」
The decline in the number of large buses sold continued to be reflected in the results as a factor behind the decline in revenue from the automotive sales business. - FY2020-Q2MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of the Canter light truck continued to perform well, and orders in the maintenance division increased as a result of proactive sales efforts. However, revenue declined due to a decrease in the number of large buses sold and other factors.」
The decline in the number of large buses sold continued to be reflected in the results as a factor behind the decline in revenue from the automotive sales business. - FY2020-Q1MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of the Canter light truck continued to perform well, and orders in the maintenance division increased as a result of proactive sales efforts. However, revenue declined due to lower replacement demand for large buses and other factors. As a result, total revenue from the automotive sales business was ¥6,475 million, down 4.8% year on year, and the business posted an operating loss of ¥11 million, compared with operating profit of ¥24 million in the same period of the previous year.」
Lower replacement demand for large buses continued to be reflected in the results as lower revenue and an operating loss in the automotive sales business. - FY2019MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of the Canter light truck, which underwent a minor model change in August, continued to perform well, and orders in the maintenance division increased as a result of proactive sales efforts. However, revenue declined due to lower replacement demand for large buses.」
Lower replacement demand for large buses continued to materialize as a factor behind the decline in revenue from the automotive sales business. - FY2019-Q3MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of the Canter light truck, which underwent a minor model change in August, continued to perform well, and revenue from vehicle inspections and maintenance increased as the company stepped up sales efforts to secure new inspection customers. However, revenue declined due to lower replacement demand for large buses.」
Lower replacement demand for large buses continued to be reflected in the results as a factor behind the decline in revenue from the automotive sales business. - FY2019-Q1MaterialisedAnnual report
「In addition, at 神奈川三菱ふそう自動車販売㈱, sales of light trucks continued to perform well, and revenue from vehicle inspections and maintenance increased as the company stepped up sales efforts to secure new inspection customers. However, revenue declined due to lower replacement demand for large buses. As a result, total revenue from the automotive sales business was ¥6,803 million, down 16.3% year on year, and operating profit was ¥24 million, down 63.2%.」
Lower replacement demand for large buses was reflected in the results as lower revenue and operating profit in the automotive sales business.