Restrictions on Export Vehicles Due to Environmental and ESC Regulations
First written in FY2018. 10 of 19 entries say "Mitigated", first in FY2022. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- 2026-08-07MitigatedEarnings
「Due to environmental regulatory relaxation measures introduced this year」
Environmental regulatory relaxation measures were cited as a factor supporting the market recovery. - FY2026MitigatedAnnual report
「In January 2026, the Clean Car Standard (CCS), previously identified as one factor suppressing demand for used vehicles, was finally revised to ease its requirements,」
The Clean Car Standard was revised to ease its requirements in January 2026, partially easing the suppression of used-vehicle demand caused by environmental policy. - 2026-05-15MitigatedEarnings presentation
「Following the effective relaxation of CCS regulations in January 2026, the macroeconomic environment is expected to improve again.」
The effective relaxation of CCS regulations changed the environment in the direction of easing restrictions on imported vehicles imposed by environmental regulations. - FY2025-H1MitigatedAnnual report
「Imports of relatively low-priced used vehicles, which differed from consumer preferences, temporarily increased due to the new administration’s environmental deregulation measures enacted last October,」
Restrictions on imported vehicles under the former environmental regulations were partially relaxed by the new administration’s environmental deregulation measures. At the same time, it was explained that the inflow of low-priced vehicles led to market disruption and reluctance to procure vehicles. - FY2024MitigatedAnnual report
「New Zealand's used-vehicle market remained above the previous consolidated fiscal year's level in terms of used-vehicle import volumes, partly due to a rebound from the inventory adjustment phase caused by intermittent policy-rate increases in the previous fiscal year and increased immigration following the COVID-19 pandemic.」
Used-vehicle imports exceeded the previous fiscal year's level as the market rebounded from adjustments following environmental regulations and policy-rate increases, and increased immigration eased the impact of restrictions imposed in prior fiscal years. - FY2024-Q3MitigatedAnnual report
「In that country's used-vehicle market, dealers were seen holding back on purchases in anticipation of the outcome of the general election held in October 2023 and the policy changes that would follow. Nevertheless, imports during the period remained above the year-earlier level, partly due to a rebound from the inventory adjustment phase caused by intermittent policy-rate increases in the previous fiscal year and increased immigration following the COVID-19 pandemic.」
Although the effects of market adjustments in prior fiscal years caused by environmental regulations remained, imports of used vehicles exceeded the year-earlier level due to a rebound from inventory adjustments and increased immigration. The Company also noted that dealers held back on purchases in anticipation of the general election and policy changes. - FY2024-Q2MitigatedAnnual report
「Meanwhile, in that country's used-vehicle market, imports during the period were above the year-earlier level, partly due to a rebound from the inventory adjustment phase caused by intermittent policy-rate increases in the year-earlier period and increased immigration following the reopening of the borders.」
Imports of used vehicles rose above the year-earlier level as the market rebounded from the decline in import volumes caused by market adjustments following the introduction of environmental regulations. - FY2024-Q1MitigatedAnnual report
「In that country's used-vehicle market, imports during the period were slightly above the year-earlier level, partly due to a rebound from the impact of environmental regulations newly introduced in the year-earlier period and increased immigration following the reopening of the borders.」
Imports of used vehicles rose above the year-earlier level as the market rebounded from the decline in import volumes caused by the environmental regulations introduced in the year-earlier period. The restrictions on import volumes caused by the regulations were temporarily eased. - FY2023MaterialisedAnnual report
「In that country's economy during the current consolidated fiscal year, external demand, supported by the reopening of the borders and other factors, kept conditions firm from the previous fiscal year through the first half of the year. From the middle of the fiscal year onward, however, conditions weakened amid intermittent policy-rate increases, persistently high inflation that had yet to subside, and growing uncertainty about the economies of major countries.」
In addition to the impact of the Clean Car Discount following the ESC regulations, interest-rate hikes and high inflation caused market conditions in New Zealand to weaken from the middle of the fiscal year onward. - FY2023-Q3MaterialisedAnnual report
「In that country's used-vehicle market, inventories built up to address the environmental regulations introduced at the beginning of the period (the Clean Car Discount) entered an adjustment phase, and used-vehicle imports during the cumulative third-quarter period were below the year-earlier level.」
Used-vehicle imports fell below the year-earlier level as inventories in the market were adjusted following the introduction of the Clean Car Discount. - FY2023-Q2MaterialisedAnnual report
「In the used-vehicle import market, environmental regulations introduced in April (the Clean Car Discount) and soaring gasoline prices also contributed, and imports fell below the year-earlier level, particularly in the latter half of the cumulative second-quarter period.」
In addition to the existing ESC regulations, the Clean Car Discount was introduced in April 2022, and its impact was reflected in New Zealand's used-vehicle imports falling below the year-earlier level. - FY2023-Q1MitigatedAnnual report
「In response to the introduction of environmental regulations in New Zealand (the Clean Car Standard), our group implemented marketing initiatives in advance to raise the proportion of environmentally compliant vehicles and has maintained its market share in New Zealand by exporting used vehicles in line with demand.」
Following the ESC regulations, the Company explicitly addressed the Clean Car Standard. It explained that market share was maintained through marketing to raise the proportion of environmentally compliant vehicles and exports aligned with demand. - FY2022MitigatedAnnual report
「Although the total volume of imported used vehicles has not returned to pre-regulation levels since ESC (electronic stability control) regulations were fully implemented in the fiscal year ended March 2021, … the total volume of imported used vehicles in the current consolidated fiscal year is believed to have turned to an increase of more than 10% year on year.」
Although restrictions on total imports due to ESC regulations continued, the number of imports turned to an increase of more than 10% year on year, partially easing the impact. - FY2022-Q3RestatedAnnual report
「Regarding the number of imported used vehicles in that country, although it declined in the previous fiscal year following the full implementation of ESC (electronic stability control) regulations」
The market condition of a decline in New Zealand's used-vehicle imports in the previous fiscal year following the full implementation of ESC regulations continued to be cited. - FY2022-Q2RestatedAnnual report
「Although the number declined in the previous fiscal year following the full implementation of ESC (electronic stability control) regulations」
The market condition of a decline in New Zealand's used-vehicle imports in the previous fiscal year following the full implementation of ESC regulations continued to be cited. - FY2022-Q1RestatedAnnual report
「Although the number of imported used vehicles in that country's market declined last fiscal year following the full implementation of ESC (electronic stability control) regulations」
The decline in the number of imported used vehicles in New Zealand following the full implementation of ESC regulations continued to be cited as a market condition. - FY2021RestatedAnnual report
「In addition to the reduction in total imports caused by the full implementation of ESC regulations, the impact of the lockdown introduced in response to COVID-19 made for an extremely difficult start to the consolidated fiscal year's first quarter.」
The reduction in total imports following the full implementation of ESC regulations, together with COVID-19-related lockdowns, was cited as a factor behind the decline in unit sales for the full year. - FY2021-Q3MaterialisedAnnual report
「Although the total volume of imported used vehicles has contracted year on year since the full implementation of ESC (electronic stability control) regulations last year」
The Company stated that, following the full implementation of ESC regulations, the total volume of imported used vehicles in New Zealand contracted year on year, demonstrating the realized impact of the vehicle restrictions imposed by the regulations. - FY2018First statedAnnual report
「From 1 March 2018, ESC will be mandatory for used passenger vehicles with engine displacements exceeding 2000cc, and from 1 March 2020, for all other used vehicles, including kei vehicles.」
The applicable dates in 2018 and 2020 and the vehicles covered by New Zealand's ESC regulations were described.