Uncertainty in the Business Environment Due to the Semiconductor Shortage
First written in FY2022-Q2. 4 of 10 entries say "Restated". Latest entry: FY2026.
Taikisha moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 22 of 32 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Meanwhile, in the domestic market, investment by semiconductor-related companies, data center operators, and automakers continued, while demand for redevelopment in metropolitan areas remained firm.」
The market description was updated from the existing risk environment of reduced capital investment due to the semiconductor shortage to one describing continued semiconductor-related investment and firm investment by data center operators and automakers. - 2026-05-15ReframedEarnings
「In the domestic market, investment related to semiconductors and data centers, as well as investment by automakers, continued, while demand for redevelopment in major metropolitan areas remained firm.」
In addition to continued investment related to semiconductors, the Company also cites continuing investment in data centers and by automakers as trends in domestic market demand. - FY2026-H1ReframedAnnual report
「Meanwhile, in the domestic market, investment by semiconductor-related companies, automakers, and data center operators continued, while demand for redevelopment in metropolitan areas remained firm.」
In addition to stating that semiconductor-related investment is continuing, it is stated that investment by automakers and in data centers is also continuing, updating the market conditions related to the risk that the semiconductor shortage could reduce capital investment. - FY2025-H1RestatedAnnual report
「Meanwhile, in the domestic market, investment by semiconductor-related companies and automakers continued, while demand for redevelopment in metropolitan areas remained firm.」
The market view that semiconductor-related investment is continuing has been reiterated, with no significant change indicated in the market description of the existing risk that the semiconductor shortage could reduce capital investment. - FY2024-Q2RestatedAnnual report
「Meanwhile, in the domestic market, investment by semiconductor-related companies and automakers continued, while demand for redevelopment in metropolitan areas remained firm.」
The market view that semiconductor-related investment is continuing has been reiterated, with no significant change indicated in the market description of the risk that the semiconductor shortage could reduce capital investment. - FY2024-Q1ReframedAnnual report
「Meanwhile, in the domestic market, investment by semiconductor-related companies and automakers continued, while demand for general commercial building construction in metropolitan areas remained firm.」
In contrast to the situation described in FY2022, when the semiconductor shortage led to a decline in new capital investment, the current quarter states that semiconductor-related investment in Japan has continued. Although no resolution of the semiconductor shortage itself is reported, the market description of its impact on investment has changed. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It is stated that there have been no significant changes in the key risks, including uncertainty in the business environment caused by the semiconductor shortage. - FY2022WorsenedAnnual report
「In the coating systems business, order intake declined due to the continued reduction in domestic production by Japanese automakers and a decrease in new capital investment resulting from the global semiconductor shortage. This may affect the operating results and other aspects of the Group's performance.」
The semiconductor shortage has developed from a general source of economic uncertainty into a specific business risk that is causing declines in new capital investment and order intake. - FY2022-Q3RestatedAnnual report
「The economy remained unstable due to the prolonged US-China trade friction, rising resource prices, and shortages of semiconductors and other components.」
Shortages of semiconductors and other components continue to be cited as a factor affecting the economy. A new risk identified in the previous quarter has been reaffirmed in the current quarter as a factor contributing to global economic instability. - FY2022-Q2First statedAnnual report
「Uncertainty about the outlook increased due to the resurgence of COVID-19, soaring raw-material prices and shortages of semiconductor supplies, among other factors.」
The company identified, for the first time, semiconductor supply shortages as a factor contributing to uncertainty over the outlook for the global economy, alongside the renewed spread of infectious diseases and rising raw material prices.