Decline in Development Projects Due to Business Structure Reforms by Major Semiconductor Customers
First written in FY2017-Q2. 6 of 8 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026-H1.
Quest moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2025: 7 of 19 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「This was in addition to expanding orders for new projects from memory customers in the semiconductor sector, a priority area for strengthening.」
The company disclosed an expansion in orders for new projects from major customers in the semiconductor sector, indicating improvement from the previously evident period of declining projects among semiconductor-related customers. However, it does not state that the risk itself has disappeared. - FY2025MitigatedAnnual report
「In the system development business, orders for development projects increased among customers in the semiconductor sector, a priority area for strengthening; the entertainment sector, a stable-growth area; and the mobility and logistics sectors, areas focused on addressing social issues. As a result, revenue was ¥9.252 billion, up 7.0% year on year, and segment profit was ¥1.65 billion, up 14.0%.」
The company states that recent results have recovered from the previously evident period of declining projects from major semiconductor customers, driven by increased orders for system development projects, including in the semiconductor sector. - FY2024MaterialisedAnnual report
「In the system development business, orders for development projects from customers in the electronics sector increased by more than 10% year on year. However, orders from major customers in the semiconductor sector declined, resulting in revenue of ¥8.645 billion, down 1.4% year on year, and segment profit of ¥1.447 billion, down 2.4%.」
Investment restraint and declining orders for development projects among major customers in the semiconductor sector occurred over the full year, reflected in a 1.4% decline in revenue and a 2.4% decline in segment profit in the system development business. - FY2024-Q3MaterialisedAnnual report
「In the system development business, orders for development projects from customers in the financial and electronics sectors increased by more than 10% year on year. However, orders from major customers in the semiconductor sector declined, resulting in revenue of ¥6.446 billion, down 1.4% year on year, and segment profit of ¥1.094 billion, down 2.2%.」
Declining orders for development projects among major customers in the semiconductor sector are reflected in a 1.4% decline in revenue and a 2.2% decline in segment profit in the system development business. - FY2024-Q2MaterialisedAnnual report
「In the system development business, orders for development projects from customers in the financial and electronics sectors increased by more than 10% year on year. However, orders from major customers in the semiconductor sector declined, resulting in revenue of ¥4.265 billion, down 0.8% year on year, and segment profit of ¥679 million, down 2.9%.」
Investment restraint and declining orders for development projects among major customers in the semiconductor sector are reflected in a 0.8% decline in revenue and a 2.9% decline in segment profit in the system development business. - FY2024-Q1MaterialisedAnnual report
「At the company, revenue increased 1.4% year on year, but the result was below the growth for the industry as a whole due to the impact of restrained investment by major customers in the semiconductor sector. In the system development business, orders for development projects from customers in the financial and healthcare and medical sectors increased. However, orders from major customers in the semiconductor sector declined, resulting in revenue of ¥2.101 billion, down 0.6% year on year, and segment profit of ¥300 million, down 20.3%.」
Investment restraint and declining orders for development projects among major customers in the semiconductor sector have actually occurred and are reflected in year-on-year declines in revenue and segment profit in the system development business. - FY2017-Q3MaterialisedAnnual report
「In the system development business, development projects declined due to the impact of business restructuring by major customers in the semiconductor sector, and revenue was ¥3.259 billion, down 0.7% year on year. Segment profit was ¥477 million, down 4.3% year on year, due to lower revenue and a decline in some large-scale development projects.」
The impact of business restructuring by major semiconductor-related customers continues to materialize in the form of fewer development projects, lower revenue in the system development business, and lower segment profit. - FY2017-Q2MaterialisedAnnual report
「In the system development business, development projects declined due to the impact of business restructuring by major customers in the semiconductor sector, and revenue was ¥2.1 billion, down 2.2% year on year.」
The impact of business restructuring by major semiconductor-related customers has materialized in the form of fewer development projects and lower year-on-year revenue in the system development business.