Automotive market fluctuations due to model changes by automakers and other factors
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2023.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「However, the Group is significantly affected by the announcement and launch of new models and model changes led by automakers, reduced purchasing caused by vehicle recalls or serious misconduct by automakers, and developments in automakers' supply systems.」
The Group continued to disclose the risk of market fluctuations arising from automakers, including model changes, recalls, serious misconduct and automakers' supply systems. - FY2020Specificity added to automaker-related risksAnnual report
「However, the Group is significantly affected by the announcement and launch of new models and model changes led by automakers, reduced purchasing caused by vehicle recalls or serious misconduct by automakers, and developments in automakers' supply systems.」
In addition to the previously described dependence on model changes and similar factors, vehicle recalls, serious misconduct by automakers and developments in automakers' supply systems were identified as specific risk factors. - FY2019First statedAnnual report
「In addition to structural issues such as the declining birth rate, population aging and younger people moving away from car ownership, the Group is significantly affected by economic conditions, personal consumption trends and developments across the industry, including automakers, such as model changes. Changes in these market conditions may affect the Group's business performance.」
In addition to the risk of structural market contraction, dependence on economic conditions, personal consumption and industry trends, including automakers and model changes, was described separately.