Risks from the Contraction of Japan's Automotive Aftermarket and Changes in Automotive Technology
First written in FY2019. 13 of 14 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 4 of 8 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The domestic automotive products market is trending downward, while the operating environment surrounding the industry is becoming increasingly volatile. For example, as the number of vehicles equipped with automatic braking and lane-keeping functions increases, vehicle maintenance is expected to require the use of diagnostic equipment during vehicle inspections.」
The company continues to describe the issues related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2023RestatedAnnual report
「The domestic automotive products market is trending downward, while the operating environment surrounding the industry is becoming increasingly volatile. For example, as the number of vehicles equipped with automatic braking and lane-keeping functions increases, vehicle maintenance is expected to require the use of diagnostic equipment during vehicle inspections.」
The company continues to describe the issues related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2022RestatedAnnual report
「The domestic automotive products market is trending downward, while the operating environment surrounding the industry is becoming increasingly volatile. For example, as the number of vehicles equipped with automatic braking and lane-keeping functions increases, vehicle maintenance is expected to require the use of diagnostic equipment during vehicle inspections.」
The company continues to identify the contraction of the domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology as issues. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks related to the shrinking domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology. - FY2020RestatedAnnual report
「The domestic automotive products market is trending downward, while the operating environment surrounding the industry is becoming increasingly volatile. For example, as the number of vehicles equipped with automatic braking and lane-keeping functions increases, vehicle maintenance services are expected to require the use of diagnostic equipment during vehicle inspections.」
The company continues to identify the contraction of the domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying changes in automotive technology as issues. - FY2019First statedAnnual report
「The domestic automotive products market is trending downward, while the operating environment surrounding the industry is becoming increasingly volatile. For example, as the number of vehicles equipped with automatic braking and lane-keeping functions increases, vehicle maintenance services are expected to require the use of diagnostic equipment during vehicle inspections.」
The company has identified, for the first time as a separate item, the contraction of the domestic automotive products market and changes in maintenance and vehicle inspection requirements accompanying the spread of advanced driver-assistance functions as industry-environment risks.