Filings buzz within the automotive business: 38% lower in industrial automation mentions in Q2 of 2021

Filings buzz within the automotive business: 38% lower in industrial automation mentions in Q2 of 2021

Filings buzz in the automotive industry: 38% decrease in industrial automation mentions in Q2 of 2021
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Mentions of business automation inside the filings of firms within the automotive business fell 38% between the primary and second quarters of 2021.

In whole, the frequency of sentences associated to industrial automation between July 2020 and June 2021 was 23% greater than in 2016 when GlobalData, from whom our knowledge for this text is taken, first started to trace the important thing points referred to in firm filings.

When firms within the automotive business publish annual and quarterly stories, ESG stories and different filings, GlobalData analyses the textual content and identifies particular person sentences that relate to disruptive forces dealing with firms within the coming years. Industrial automation is one among these subjects – firms that excel and put money into these areas are considered higher ready for the longer term enterprise panorama and higher geared up to outlive unexpected challenges.

To evaluate whether or not industrial automation is that includes extra within the summaries and techniques of firms within the automotive business, two measures had been calculated. Firstly, we appeared on the proportion of firms which have talked about industrial automation not less than as soon as in filings throughout the previous twelve months – this was 89% in comparison with 72% in 2016. Secondly, we calculated the share of whole analysed sentences that referred to industrial automation.

Of the 50 largest employers within the automotive business, Denso Corp was the corporate which referred to industrial automation essentially the most between July 2020 and June 2021. GlobalData recognized 34 industrial automation-related sentences within the Japan-based firm’s filings – 0.5% of all sentences. Yamaha Motor Co Ltd talked about industrial automation the second most – the difficulty was additionally referred to in 0.5% of sentences within the firm’s filings. Different high employers with excessive industrial automation mentions included Linamar Corp, HELLA Gmbh & Co KGaA and Stellantis NV.

Throughout all firms within the automotive business the submitting revealed within the second quarter of 2021 which exhibited the best concentrate on industrial automation got here from Ningbo Joyson Digital Corp.. Of the doc’s 1,340 sentences, eight (0.6%) referred to industrial automation.

This evaluation supplies an approximate indication of which firms are specializing in industrial automation and the way vital the difficulty is taken into account inside the automotive business, nevertheless it additionally has limitations and ought to be interpreted fastidiously. For instance, an organization mentioning industrial automation extra recurrently is just not essentially proof that they’re utilising new strategies or prioritising the difficulty, nor does it point out whether or not the corporate’s ventures into industrial automation have been successes or failures.

Within the final quarter, firms within the automotive business primarily based in Western Europe had been probably to say industrial automation with 0.2% of sentences in firm filings referring to the difficulty. In distinction, firms with their headquarters in america talked about industrial automation in simply 0.08% of sentences.

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