Filings buzz in the automotive field: 32% decrease in robotics mentions in Q1 of 2022

Mentions of robotics in just the filings of corporations in the automotive marketplace fell 32% in between the remaining quarter of 2021 and the to start with quarter of 2022.

In overall, the frequency of sentences linked to robotics in between April 2021 and March 2022 was 60% larger than in 2016 when GlobalData, from whom our details for this article is taken, first began to track the crucial difficulties referred to in company filings.

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When companies in the automotive industry publish annual and quarterly reports, ESG reports and other filings, GlobalData analyses the text and identifies individual sentences that relate to disruptive forces facing companies in the coming years. Robotics is one of these topics – companies that excel and invest in these areas are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

To assess whether robotics is featuring more in the summaries and strategies of companies in the automotive industry, two measures were calculated. Firstly, we looked at the percentage of companies which have mentioned robotics at least once in filings during the past twelve months – this was 51% compared to 33% in 2016. Secondly, we calculated the percentage of total analysed sentences that referred to robotics.

Of the 10 biggest employers in the automotive industry, Denso was the company which referred to robotics the most between April 2021 and March 2022. GlobalData identified 10 robotics-related sentences in the Japan-based company’s filings – 0.3% of all sentences. Mercedes-Benz mentioned robotics the second most – the issue was referred to in 0.13% of sentences in the company’s filings. Other top employers with high robotics mentions included Stellantis, Magna and BYD.

Across all companies in the automotive industry the filing published in the first quarter of 2022 which exhibited the greatest focus on robotics came from Schaeffler. Of the document’s 2,919 sentences, 13 (0.4%) referred to robotics.

This analysis provides an approximate indication of which companies are focusing on robotics and how important the issue is considered within the automotive industry, but it also has limitations and should be interpreted carefully. For example, a company mentioning robotics more regularly is not necessarily proof that they are utilising new techniques or prioritising the issue, nor does it indicate whether the company’s ventures into robotics have been successes or failures.

In the last quarter, companies in the automotive industry based in Asia were most likely to mention robotics with 0.13% of sentences in company filings referring to the issue. In contrast, companies with their headquarters in the United States mentioned robotics in just 0.04% of sentences.

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Filings buzz in the automotive marketplace: 38% decrease in industrial automation mentions in Q2 of 2021

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Mentions of industrial automation in just the filings of providers in the automotive business fell 38% in between the initially and second quarters of 2021.

In full, the frequency of sentences linked to industrial automation concerning July 2020 and June 2021 was 23% larger than in 2016 when GlobalData, from whom our facts for this write-up is taken, initially started to track the crucial difficulties referred to in company filings.

When organizations in the automotive market publish annual and quarterly reports, ESG studies and other filings, GlobalData analyses the text and identifies specific sentences that relate to disruptive forces struggling with companies in the coming yrs. Industrial automation is a single of these subjects – corporations that excel and invest in these areas are believed to be better organized for the potential organization landscape and far better equipped to endure unexpected difficulties.

To assess whether or not industrial automation is featuring much more in the summaries and techniques of providers in the automotive field, two measures were calculated. To begin with, we appeared at the percentage of businesses which have talked about industrial automation at least when in filings all through the earlier twelve months – this was 89% in comparison to 72% in 2016. Secondly, we calculated the proportion of overall analysed sentences that referred to industrial automation.

Of the 50 biggest employers in the automotive field, Denso Corp was the corporation which referred to industrial automation the most amongst July 2020 and June 2021. GlobalData discovered 34 industrial automation-associated sentences in the Japan-based mostly firm’s filings – .5% of all sentences. Yamaha Motor Co Ltd talked about industrial automation the next most – the difficulty was also referred to in .5% of sentences in the firm’s filings. Other best employers with significant industrial automation mentions integrated Linamar Corp, HELLA Gmbh & Co KGaA and Stellantis NV.

Throughout all organizations in the automotive sector the submitting revealed in the next quarter of 2021 which exhibited the greatest target on industrial automation arrived from Ningbo Joyson Digital Corp.. Of the document’s 1,340 sentences, 8 (.6%) referred to industrial automation.

This analysis provides an approximate indicator of which corporations are focusing on industrial automation and how crucial the problem is regarded as in the automotive sector, but it also has restrictions and should really be interpreted diligently. For example, a firm mentioning industrial automation much more consistently is not always proof that they are utilising new methods or prioritising the problem, nor does it show whether or not the company’s ventures into industrial automation have been successes or failures.

In the previous quarter, companies in the automotive industry primarily based in Western Europe were most very likely to point out industrial automation with .2% of sentences in business filings referring to the situation. In contrast, organizations with their headquarters in the United States mentioned industrial automation in just .08% of sentences.