Sales Growth Driven by Rush Demand Ahead of Tire Price Increases and Consumption Tax Hike
First written in FY2020-Q2. 8 of 10 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 2 of 19 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Tire manufacturers implemented price revisions, and front-loaded demand before the price increases also occurred, resulting in strong tire sales throughout the period.」
Against a backdrop of tire manufacturers' price revisions and front-loaded demand before the price increases, tire sales remained strong. - FY2024-Q2RestatedAnnual report
「In the automotive goods industry, tire manufacturers implemented price revisions twice, and front-loaded demand before the price increases also occurred, so tire sales remained strong throughout the period.」
The Company explained that two rounds of price revisions by tire manufacturers and front-loaded demand before the price increases kept tire sales strong throughout the period. - FY2024-Q1RestatedAnnual report
「Tire manufacturers implemented price revisions, as they had the previous year, and this coincided with front-loaded demand before the price increases, resulting in strong tire sales.」
The Company explained that price revisions by tire manufacturers and front-loaded demand before the price increases kept tire sales strong. - FY2023RestatedAnnual report
「In the automotive goods industry, tire manufacturers implemented price revisions repeatedly, and front-loaded demand before the price increases also occurred, so tire sales remained strong throughout the period.」
The Company explained that tire manufacturers' price revisions and front-loaded demand before the price increases supported strong full-year tire sales. - FY2023-Q3RestatedAnnual report
「In the automotive goods industry, tire manufacturers implemented price revisions twice, and front-loaded demand before the price increases also occurred, so tire sales remained strong throughout the period.」
The Company explained that two rounds of price revisions by tire manufacturers and front-loaded demand before the price increases kept tire sales strong throughout the period. - FY2023-Q2RestatedAnnual report
「In the automotive goods industry, tire manufacturers implemented price revisions twice, and front-loaded demand before the price increases also occurred, so tire sales remained strong throughout the period.」
The Company explained that tire manufacturers implemented price revisions twice and that, supported by front-loaded demand before the price increases, tire sales remained strong throughout the period. - FY2023-Q1RestatedAnnual report
「A surge in demand before tire manufacturers raised prices occurred from April through early May, and tire sales remained strong throughout the period without a significant subsequent decline from mid-May onward.」
A surge in demand before tire price increases occurred from April 2022 through early May, but unlike the previous period, there was no significant subsequent decline from mid-May onward, and tire sales remained strong throughout the period. - FY2020RestatedAnnual report
「In the automotive goods industry, a surge in demand before tire manufacturers raised prices coincided with front-loaded demand before the consumption tax increase, and tire sales grew substantially through September. From October onward, however, sales were sluggish due to the subsequent decline in demand.」
The Company reconfirmed, based on full-year results, the change in demand from a surge before tire price increases and front-loaded demand before the consumption tax increase to the subsequent decline. - FY2020-Q3Shift to a decline following front-loaded demandAnnual report
「In the automotive goods industry, a surge in demand before tire manufacturers raised prices coincided with front-loaded demand before the consumption tax increase, and tire sales grew substantially through September. From October onward, however, sales were sluggish due to the subsequent decline in demand.」
Conditions shifted from sales growth through the previous quarter, driven by demand before tire price increases and front-loaded demand before the consumption tax increase, to sluggish sales from October onward due to the subsequent decline in demand. - FY2020-Q2First statedAnnual report
「In the automotive goods industry, a surge in demand before tire manufacturers raised prices coincided with front-loaded demand before the consumption tax increase, resulting in substantial growth in tire sales.」
The Company newly described the demand factors for the quarter, stating that a surge in demand before tire price increases coincided with front-loaded demand before the consumption tax increase, resulting in substantial growth in tire sales.