Cyclical Downturn in the Semiconductor Market and Its Impact on the Electronic Components Manufacturing Business
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2026.
Fujita Engineering moved to the "Worse" side of this theme in 2026, 9 years after the typical company in this theme (2017).
The whole theme swung hardest in 2023: 9 of 15 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The electronic components manufacturing business is strongly affected by the semiconductor market, which is subject to significant cyclical changes in market conditions. The semiconductor market has repeatedly experienced periods of growth and downturn, while market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, the Group may be forced to undergo significant changes in the future, potentially affecting its operating results and other matters.」
The semiconductor market risk has been reframed from the previous risk of cyclical downturns as the risk of major changes in market conditions, with the market repeatedly shifting between growth and downturn. - FY2022RestatedAnnual report
「The semiconductor market has experienced severe downturns repeatedly in the past, and market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, further repeated downturns may occur, potentially affecting the Group's operating results and other matters. The Group has established a framework that enables it to flexibly reallocate management resources related to this business.」
The risk of a cyclical downturn in the semiconductor market and the framework for flexibly reallocating management resources continue to be disclosed. - FY2020MitigatedAnnual report
「The Group has established a framework that enables it to flexibly reallocate management resources related to this business.」
In response to the impact of a cyclical downturn in the semiconductor market on the electronic components manufacturing business, the Group has established a framework for flexibly reallocating management resources. - FY2019RestatedAnnual report
「The semiconductor market has experienced severe downturns repeatedly in the past, and market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, further repeated downturns may occur, potentially affecting the Group's operating results and other matters.」
The risks posed by a cyclical downturn in the semiconductor market to demand, inventories, prices and production continue to be disclosed. - FY2018RestatedAnnual report
「The semiconductor market has experienced severe downturns repeatedly in the past, and market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, further repeated downturns may occur, potentially affecting the Group's operating results and other matters.」
The risks posed by a cyclical downturn in the semiconductor market to demand, inventories, prices and production continue to be disclosed. - FY2017RestatedAnnual report
「The semiconductor market has experienced severe downturns repeatedly in the past, and market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, further repeated downturns may occur, potentially affecting the Group's operating results and other matters.」
The risks posed by a cyclical downturn in the semiconductor market to demand, inventories, prices and production continue to be disclosed. - FY2016First statedAnnual report
「The semiconductor market has experienced severe downturns repeatedly in the past, and market downturns lead to reduced demand for products, excess inventories, sharp declines in selling prices and overproduction. Given the market's inherent volatility, further repeated downturns may occur, potentially affecting the Group's operating results and other matters.」
The risks of a cyclical downturn in the semiconductor market spreading to demand, inventories, selling prices and production are described in detail.