Risks of Technological Innovation and Product Obsolescence in the Electronic Components Business
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The markets for liquid-crystal panels, organic EL panels and other electronic components in which the Group's electronic components business operates are characterized by rapid technological change and the rapid development of technical standards. If the Group is unable to respond appropriately to these changes, its operating results and financial position may be affected by product obsolescence in the electronic components business, the emergence of substitute products and other factors.」
The Group reconfirms the risks of product obsolescence and substitute products arising from technological innovation and changes in standards in the electronic components market. - FY2018First statedAnnual report
「The semiconductor and liquid-crystal panel markets in which the Group's electronic components business operates are characterized by rapid technological change and the rapid development of technical standards. If the Group is unable to respond appropriately to these changes, its operating results and financial position may be affected by product obsolescence in the electronic components business, the emergence of substitute products and other factors.」
The Group newly discloses the risks of product obsolescence and substitute products if it cannot respond to technological changes and the development of technical standards in the semiconductor and liquid-crystal panel markets.