Risk of declining demand for mobility services due to fewer company vehicles
First written in FY2024-Q3. 1 of 2 entries say "Materialised", first in FY2024. Latest entry: FY2024.
Smartvalue moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 7 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2024MaterialisedAnnual report
「Although the company implemented measures including cost reductions and greater operating efficiency during the current consolidated fiscal year, revenue and profit declined because of factors including a decrease in corporate fleet vehicles and delays in delivering new vehicles.」
The decline in corporate fleet vehicles emerged as an actual factor behind lower revenue and lower profit in the mobility services business, with segment revenue down 6.0% year on year. - FY2024-Q3First statedAnnual report
「In mobility services for corporate fleet vehicles, a certain degree of risk of lost opportunities exists because company vehicles themselves are on a declining trend as corporate activities change, and because shipments may be suspended as a result of quality misconduct at automakers.」
The decline in corporate fleet vehicles due to changes in the nature of corporate activities was described independently and in concrete terms for the first time as a factor reducing demand for mobility services.