Downturn in textile product manufacturing due to reduced domestic automotive demand
First written in FY2016. 19 of 33 entries say "Mitigated", first in FY2017-Q2. Latest entry: 2026-08-10.
Fushiki Kairiku Unso moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「In the textile products manufacturing business, revenue was ¥2,141 million, up ¥59 million, or 2.9%, year on year, as orders for automotive interior materials and clothing progressed steadily. Segment profit was ¥22 million, compared with a segment loss of ¥40 million in the previous year.」
Orders for automotive interior materials and clothing progressed steadily, resulting in a 2.9% increase in revenue, and segment profit turned from a loss of ¥40 million in the previous year to profit of ¥22 million. - FY2024-Q3MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,580 million, up ¥256 million, or 19.3%, year on year, as some orders for automotive interior materials recovered. However, the segment recorded a loss of ¥15 million, compared with a loss of ¥57 million in the same quarter of the previous year, as it was unable to offset higher cost of sales.」
The recovery in orders for automotive interior materials resulted in a 19.3% increase in revenue, and the segment loss narrowed from ¥57 million to ¥15 million compared with the same quarter of the previous year. The impact of lower demand has been partly mitigated, but the impact of higher cost of sales remains. - FY2024-Q2MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,057 million, up ¥187 million, or 21.5%, year on year, as some orders for automotive interior materials recovered. However, the segment recorded a loss of ¥10 million, compared with a loss of ¥42 million in the same quarter of the previous year, as it was unable to offset higher cost of sales.」
The recovery in orders for automotive interior materials resulted in a 21.5% increase in revenue, and the segment loss narrowed from ¥42 million to ¥10 million. The impact of lower demand remains, but has been partly mitigated. - FY2024-Q1MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥507 million, up ¥96 million, or 23.4%, year on year, as some orders for automotive interior materials recovered. However, the segment recorded a loss of ¥12 million, compared with a loss of ¥39 million in the same quarter of the previous year, as it was unable to offset higher cost of sales.」
Some orders for automotive interior materials recovered, resulting in a 23.4% increase in revenue, and the segment loss narrowed from ¥39 million to ¥12 million. However, the impact of higher cost of sales remains. - FY2023Recovery and impairment indicators both reportedAnnual report
「Revenue in the textile products manufacturing business was ¥1,828 million, up ¥96 million, or 5.6%, year on year, as some orders for automotive interior materials recovered. However, the segment loss widened to ¥61 million from a loss of ¥44 million in the previous year due to higher expenses. In this business, orders for its core automotive products have fallen sharply due to the impact of semiconductor supply shortages and other factors, resulting in continuing negative operating income from operating activities. The asset group associated with this business shows indications of impairment.」
Some orders for automotive interior materials recovered, resulting in a 5.6% increase in revenue, while higher expenses widened the loss. The report also cites lower orders due to semiconductor supply shortages and other factors, as well as indications of impairment. - FY2023-Q3MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,323 million, up ¥13 million, or 1.0%, year on year, as some orders for automotive interior materials recovered. However, the segment recorded a loss of ¥57 million, compared with a loss of ¥55 million in the same quarter of the previous year, due to higher cost of sales resulting from higher resource prices.」
Some orders for automotive interior materials recovered, resulting in a 1.0% increase in revenue, partly mitigating the impact of lower domestic automotive demand. However, the segment loss widened from the same quarter of the previous year due to higher cost of sales resulting from higher resource prices, and the impact was not stated to have been eliminated. - FY2023-Q2MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥870 million, up ¥38 million, or 4.7%, year on year, as some orders for automotive interior materials recovered. The segment recorded a loss of ¥42 million, compared with a loss of ¥43 million in the same quarter of the previous year.」
Some orders for automotive interior materials recovered, resulting in a 4.7% increase in revenue, while the segment loss narrowed from ¥43 million to ¥42 million compared with the same quarter of the previous year. The impact of lower demand remains, but has been partly mitigated. - FY2023-Q1WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥411 million, up ¥5 million, or 1.3%, year on year, as some clothing-related orders recovered, although production cuts and other factors continued to create uncertainty for domestic automobiles. The segment recorded a loss of ¥39 million, compared with a loss of ¥30 million in the same quarter of the previous year.」
Some clothing-related orders recovered, resulting in a 1.3% increase in revenue, while uncertainty related to production cuts and other factors remains for domestic automobiles, and the segment loss widened from ¥30 million to ¥39 million compared with the same quarter of the previous year. The impact of the risks continues. - FY2022MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,731 million, up ¥11 million, or 0.7%, year on year, and was broadly in line with the previous year despite sluggish demand for clothing and domestic automobiles. Through expense reductions, the segment loss narrowed to ¥44 million from a segment loss of ¥142 million in the previous year.」
Although sluggish demand for clothing and domestic automobiles continued, revenue increased 0.7%, and expense reductions narrowed the segment loss from ¥142 million to ¥44 million. - FY2022-Q3MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,310 million, down ¥11 million, or 0.9%, year on year, due to sluggish demand for clothing and domestic automobiles. The segment recorded a loss of ¥55 million, compared with a loss of ¥114 million in the same quarter of the previous year.」
Although sluggish demand for clothing and domestic automobiles continued, the rate of revenue decline narrowed to 0.9%, and the segment loss narrowed from ¥114 million to ¥55 million compared with the same quarter of the previous year. - FY2022-Q2WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥831 million, down ¥20 million, or 2.5%, year on year, as production cuts and other factors continued to create uncertainty for both domestic automobiles and clothing. The segment recorded a loss of ¥43 million, compared with a loss of ¥85 million in the same quarter of the previous year.」
Uncertainty related to production cuts and other factors for domestic automobiles and clothing remains, and revenue declined 2.5%. The segment loss narrowed from the previous year. - FY2022-Q1MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥406 million, up ¥25 million, or 6.8%, year on year, as some orders recovered, although production cuts and other factors continued to create uncertainty for both domestic automobiles and clothing. The segment recorded a loss of ¥30 million, compared with a loss of ¥77 million in the same quarter of the previous year.」
Some orders from domestic automakers and clothing manufacturers recovered, resulting in a 6.8% increase in revenue, while the segment loss narrowed from ¥77.5 million to ¥30.62 million. However, uncertainty related to production cuts and other factors remains. - FY2021WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,720 million, down ¥257 million, or 13.0%, year on year, due to lower domestic automotive demand. The segment recorded a loss of ¥142 million, compared with a segment loss of ¥106 million in the same period of the previous year.」
The decline in domestic automotive demand resulted in a 13.0% decline in revenue for the full fiscal year, and the segment loss widened from the previous year. - FY2021-Q3WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,322 million, down ¥314 million, or 19.2%, year on year, due to sluggish demand for clothing and domestic automobiles. The segment recorded a loss of ¥114 million, compared with a loss of ¥44 million in the same quarter of the previous year.」
Due to sluggish demand for clothing and domestic automobiles, the textile products manufacturing business reported a 19.2% decline in revenue, and the segment loss widened from the same quarter of the previous year. - FY2021-Q1WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥380 million, down ¥171 million, or 31.0%, year on year, as orders from both domestic automakers and clothing manufacturers fell sharply. The segment recorded a loss of ¥77 million, compared with a loss of ¥14 million in the same quarter of the previous year.」
Orders from both domestic automakers and clothing manufacturers fell sharply, reversing the slight increase in domestic automotive orders in the previous quarter, resulting in a 31.0% decline in revenue and a segment loss of ¥77.5 million. - FY2020-Q3WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,637 million, down ¥140 million, or 7.9%, year on year, due to lower domestic automotive demand. The segment recorded a loss of ¥44 million, compared with a loss of ¥0 million in the same quarter of the previous year.」
The decline in domestic automotive demand continued, resulting in a 7.9% decline in revenue in the textile products manufacturing business, while the segment loss widened from the previous year. - FY2020-Q2WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,120 million, down ¥36 million, or 3.1%, year on year, due to lower domestic automotive demand and weak winter clothing sales resulting from the mild winter. The segment recorded a loss of ¥26 million, compared with profit of ¥7 million in the same period of the previous year.」
The decline in domestic automotive demand continued, resulting in a 3.1% decline in revenue in the textile products manufacturing business, which turned from profit in the same period of the previous year to a segment loss of ¥26.06 million. - FY2020-Q1MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥551 million, up ¥6 million, or 1.2%, year on year, as orders from domestic automakers edged up.」
Following the decline in domestic automotive demand seen through the previous fiscal year, orders edged up in the first quarter and revenue increased 1.2% year on year. However, a segment loss was incurred due to higher raw material costs. - FY2019WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥2,334 million, down ¥140 million, or 5.7%, year on year, due to lower domestic automotive demand. Segment profit was ¥7 million, down ¥37 million, or 83.7%.」
Following the recovery in demand seen in the previous fiscal year, lower domestic automotive demand materialized over the full fiscal year as a 5.7% decline in revenue and an 83.7% decline in segment profit. - FY2019-Q3WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,778 million, down ¥147 million, or 7.6%, year on year, due to lower domestic automotive demand. The segment recorded no loss or profit, compared with segment profit of ¥53 million in the same quarter of the previous year.」
The decline in domestic automotive demand continued, resulting in a 7.6% decline in revenue. The segment turned from profit in the same period of the previous year to a loss, making the impact more pronounced. - FY2019-Q2WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥1,156 million, down ¥135 million, or 10.5%, year on year, due to lower domestic automotive demand. Segment profit was ¥7 million, down ¥37 million, or 84.2%.」
Following the recovery in domestic automotive demand seen in the previous fiscal year, the decline in demand resumed, with cumulative revenue down 10.5% and segment profit down 84.2%. - FY2019-Q1WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥544 million, down ¥87 million, or 13.8%, year on year, due to fewer orders from domestic automakers. The segment recorded no loss or profit, compared with segment profit of ¥25 million in the same quarter of the previous year.」
Following the recovery in domestic automotive demand seen in the previous fiscal year, the impact re-emerged as a 13.8% decline in revenue due to fewer orders and a segment loss instead of the previous year's profit. - FY2018MitigatedAnnual report
「In the textile products manufacturing business, production of automotive interior materials showed signs of recovery.」
While the impact of lower domestic automotive demand remains, the report states that production of automotive interior materials has shown signs of recovery. - FY2018-Q3MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,925 million, down ¥19 million, or 1.0%, year on year, despite a recovery in domestic automotive demand. Segment profit was ¥53 million, up ¥21 million, or 67.4%.」
A recovery in domestic automotive demand was reported, and segment profit increased 67.4%. However, revenue was down 1.0% year on year, and the impact was not stated to have been completely eliminated. - FY2018-Q2MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,292 million, up ¥6 million, or 0.5%, year on year, due to a recovery in domestic automotive demand. Segment profit was ¥44 million, up ¥21 million, or 96.0%.」
The recovery in domestic automotive demand resulted in a 0.5% year-on-year increase in revenue and a 96.0% increase in segment profit. - FY2018-Q1MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥632 million, up ¥27 million, or 4.5%, year on year, due to a recovery in domestic automotive demand. Segment profit was ¥25 million, compared with a segment loss of ¥0 million in the same quarter of the previous year.」
In the first quarter, revenue increased 4.5% year on year due to a recovery in demand, and segment profit turned from a loss into profit of ¥25 million. - FY2017MitigatedAnnual report
「In the textile products manufacturing business, production of automotive interior materials showed signs of recovery.」
While the impact of lower domestic automotive demand remains, production of automotive interior materials has shown signs of recovery. - FY2017-Q3MitigatedAnnual report
「Revenue in the textile products manufacturing business was ¥1,944 million, down ¥196 million, or 9.2%, year on year, due to lower demand from domestic automakers. Segment profit was ¥32 million, down ¥14 million, or 31.0%.」
Revenue and profit continued to decline due to lower demand from domestic automakers, but the rate of revenue decline narrowed from 14.0% in the previous quarter to 9.2%. The impact was not stated to have been eliminated. - FY2017-Q2MitigatedAnnual report
「In the textile products manufacturing business, the decline in shipments to automakers was brought to a certain extent under control.」
It was stated that the decline in shipments to automakers had been brought to a certain extent under control. However, revenue in the textile products manufacturing business was still down 14.0% year on year due to lower demand from domestic automakers, and the impact was not stated to have been eliminated. - FY2017-Q1WorsenedAnnual report
「Revenue in the textile products manufacturing business was ¥605 million, down ¥176 million, or 22.5%, year on year, due to lower demand from domestic automakers. The segment recorded no loss or profit, compared with segment profit of ¥6 million in the same quarter of the previous year.」
Lower demand from domestic automakers appeared as a 22.5% year-on-year decline in revenue and a segment loss, making the impact more pronounced. - FY2016MaterialisedAnnual report
「Revenue in the textile products manufacturing business was ¥2,628 million, down ¥466 million, or 15.1%, year on year, due to lower demand from domestic automakers. Segment profit was ¥5 million, down ¥32 million, or 85.1%, due to the decline in revenue.」
Lower demand from domestic automakers materialized as declines in revenue and segment profit.