Downside Risk to Business and Earnings from Semiconductor Shortages and Other Factors
First written in FY2022-Q2. 4 of 7 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2025.
Mirait One moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 62 of 108 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「We are carefully managing construction schedules to minimize extensions to project periods, including by prioritizing processes where material shortages have not occurred. To address rising construction costs, we are taking measures such as incorporating contractual provisions covering increases in raw material prices and passing higher costs on to construction prices, thereby working to mitigate the risks.」
Specific mitigation measures for the risks of material supply shortages and price increases were identified, including prioritizing construction schedules, incorporating price-adjustment clauses, and passing higher costs on to construction prices. - FY2023MaterialisedAnnual report
「Although 四国通建 worked to secure revenue by winning system-related orders from government agencies, including terminal equipment, and steadily completing large-scale construction projects, the company was affected by external factors, including delays in the delivery of construction materials and soaring prices, in addition to a decline in optical-fiber construction under the Advanced Wireless Environment Development Promotion Project and lost public-sector projects,」
Risks from supply shortages and price increases materialized as an impact on business performance from delays in the delivery of construction materials and soaring prices. - FY2023-Q2WorsenedAnnual report
「Meanwhile, continued close attention is required to the prolonged situation in Ukraine, further yen depreciation, rising prices, including fuel and raw materials, and supply-chain constraints.」
In addition to supply-chain constraints, the prolonged situation in Ukraine, yen depreciation, and rising fuel and raw material prices were identified as concerns regarding the business environment. - FY2023-Q1WorsenedAnnual report
「Meanwhile, uncertainty about the outlook continues due to higher raw material and fuel prices resulting from the prolonged situation in Ukraine and restrictions on economic activity in China, supply chain disruptions, and the sharp depreciation of the yen.」
In addition to semiconductor shortages and other factors, the situation in Ukraine, restrictions on economic activity in China, soaring raw material and fuel prices, supply-chain disruptions, and yen depreciation are identified as factors that could cause earnings downside. - FY2022WorsenedAnnual report
「Concerns remain that uncertain conditions will continue due to semiconductor shortages caused by the situation in Ukraine and other factors, soaring raw material and energy prices, and effects transmitted through the supply chain.」
In addition to semiconductor shortages, the situation in Ukraine and soaring raw material and energy prices were added and specified as risks of earnings downside. - FY2022-Q3WorsenedAnnual report
「Going forward, attention will also need to be paid to the risk of downside impacts from effects transmitted through the supply chain, including trends in infectious diseases, semiconductor shortages, and soaring raw material prices.」
In addition to semiconductor shortages, soaring raw material prices were added as a supply-chain-related risk of earnings downside, broadening the risk factors. - FY2022-Q2First statedAnnual report
「Going forward, attention will also need to be paid to the risk of downside impacts from effects transmitted through the supply chain, including trends in infectious diseases and semiconductor shortages.」
In addition to COVID-19, the risk of earnings downside through the supply chain, including semiconductor shortages, was explicitly identified for the first time.