Demand Risk for Electronic Components from Overseas Smartphone Production Adjustments and China’s Economic Slowdown
First written in FY2017-Q2. 7 of 29 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2026.
Shinyei Kaisha moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 5 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Recovery in high-value-added areas and continued softness in industrial and automotive demandAnnual report
「The electronic components industry continued to recover in high-value-added areas, including AI applications, and inventory adjustments had largely run their course overall, with the balance between supply and demand showing signs of recovery. However, industrial and automotive applications remained sluggish against the backdrop of US trade policy and the slowdown in the Chinese economy, while demand recovery in consumer applications remained gradual.」
While improvement was evident in high-value-added areas such as AI applications and following the completion of inventory adjustments, weakness in the industrial and automotive sectors and a slow recovery in consumer demand continued. - FY2026-H1Recovery in high-value-added areas coexisted with weakness in industrial and automotive demandAnnual report
「The electronic components industry continued to recover in high-value-added areas, including AI applications, and inventory adjustments had largely run their course overall, with the balance between supply and demand showing signs of recovery. However, industrial and automotive applications remained sluggish against the backdrop of US trade policy and the slowdown in the Chinese economy, while demand recovery in consumer applications remained modest.」
While improvement was evident in high-value-added areas such as AI applications and following the completion of inventory adjustments, weakness in the industrial and automotive sectors and a slow recovery in consumer demand continued. - FY2025-H1RestatedAnnual report
「Although a steady recovery was expected as inventory adjustments ended, semiconductor shortages eased and supply chains stabilised, demand for industrial equipment was expected to remain weak for the time being, while recovery in the consumer market from the prolonged weakness in smartphone demand was gradual.」
While expectations remained for recovery as inventory adjustments ended, semiconductor shortages eased and supply chains stabilised, recovery in demand for industrial equipment and smartphones was weak, and demand risks continued. - FY2024WorsenedAnnual report
「Although the automobile industry showed improvement as semiconductor shortages eased, the adjustment phase continued as the Chinese economy stagnated and weakness in consumer and industrial equipment-related demand persisted.」
While easing semiconductor shortages provided a factor supporting improvement in automotive-related demand, the stagnation of the Chinese economy, weakness in consumer and industrial equipment-related demand, and demand adjustments continued. - FY2024-Q2RestatedAnnual report
「Although improvement in the automobile industry was expected as semiconductor shortages eased, the adjustment phase continued due to the reversal of stay-at-home demand for various electronic devices, the stagnation of the Chinese economy and a pause in demand for industrial equipment.」
While expectations remained for improvement in the automobile industry as semiconductor shortages eased, the adjustment phase continued due to the reversal of stay-at-home demand, the stagnation of the Chinese economy and a pause in demand for industrial equipment. - FY2024-Q1Expectations for easing semiconductor shortages coexisted with demand adjustmentsAnnual report
「Although improvement in the automobile industry was expected as semiconductor shortages eased, recovery was expected to take time. The adjustment phase continued due to the reversal of stay-at-home demand for various electronic devices, slowing semiconductor-related investment and a pause in demand for industrial equipment.」
While expectations were expressed for improvement in the automobile industry as semiconductor shortages eased, the adjustment phase continued due to the reversal of stay-at-home demand, slowing semiconductor-related investment and a pause in demand for industrial equipment. - FY2023-Q3RestatedAnnual report
「The electronic components industry continued to expand as stockpiling driven by concerns over supply constraints associated with the spread of COVID-19 raised order levels, while the impact also spread from higher procurement prices due to shortages of electronic components, particularly semiconductors, and production cuts typified by the automobile industry.」
The market continued to expand as stockpiling against a backdrop of supply constraints increased, while higher procurement prices due to shortages of semiconductors and other components and the impact of production cuts in the automobile industry continued to coexist. - FY2023-Q2Market expansion coexisted with component shortages and production cutsAnnual report
「The electronic components industry continued to expand as stockpiling driven by concerns over supply constraints associated with the spread of COVID-19 raised order levels, while the impact also spread from higher procurement prices due to shortages of electronic components, particularly semiconductors, and production cuts typified by the automobile industry.」
The market continued to expand as stockpiling against a backdrop of supply constraints increased, while higher procurement prices due to shortages of semiconductors and other components and the impact of production cuts in the automobile industry spread. - FY2023-Q1Market expansion coexisted with the impact of lockdowns in ChinaAnnual report
「The electronic components industry continued to expand as stockpiling driven by concerns over supply constraints associated with the spread of COVID-19 raised order levels, while the impact on the market of strict measures in China, including lockdowns, also spread.」
The market continued to expand against a backdrop of supply constraints, while the impact of lockdowns in China spread, with factors supporting and weakening electronic component demand coexisting. - FY2022-Q3MitigatedAnnual report
「The electronic components industry continued to expand as stockpiling amid concerns over supply constraints during the COVID-19 pandemic raised order levels, while component demand increased with the recovery in automobile and industrial equipment production.」
The electronic components market expanded on stockpiling driven by concerns over supply constraints and the recovery in automobile and industrial equipment production. Previously identified risks of weak demand have eased in part. - FY2022-Q1RestatedAnnual report
「The electronic components industry remained generally firm, driven by the global recovery in automobile production and strength in ICT-related demand, amid concerns over a global semiconductor shortage and a resurgence of COVID-19 infections.」
The electronic components industry remained firm due to the recovery in automobile production and strength in ICT-related demand, while concerns over a global semiconductor shortage and a resurgence of infections continued to coexist. - FY2021Demand recovery coexisted with a semiconductor shortageAnnual report
「The electronic components industry remained generally firm. Amid concerns over a global semiconductor shortage and a resurgence of COVID-19 infections, strong demand for personal computers and game consoles was supplemented by a rapid recovery in automobile production, mainly in China and the United States.」
The electronic components industry remained firm on the recovery in demand for automobiles, personal computers and game consoles, while concerns over a global semiconductor shortage and a resurgence of infections newly emerged alongside it. - FY2021-Q3MitigatedAnnual report
「The electronic components industry remained in a difficult environment as the spread of COVID-19 affected production and consumer sentiment, although demand related to automobiles, mobile devices and industrial equipment showed some signs of improvement.」
In a difficult environment where production stagnation and weaker consumer sentiment caused by the spread of COVID-19 continued, some signs of improvement emerged in demand related to automobiles, mobile devices and industrial equipment. Some risks eased, but difficult conditions continued. - FY2021-Q2RestatedAnnual report
「The electronic components industry was in a difficult situation due to declining capital investment appetite in the manufacturing sector amid prolonged US-China trade friction, the prolonged slowdown in China's economic growth, and the spread of COVID-19, which affected production and consumer sentiment.」
US-China trade friction, the slowdown in China's economic growth, and production stagnation and weaker consumer sentiment caused by the spread of COVID-19 continued to weigh on demand for electronic components. - FY2021-Q1WorsenedAnnual report
「The electronic components industry was in a difficult situation due to declining capital investment appetite in the manufacturing sector amid prolonged US-China trade friction, the prolonged weakness of the Chinese economy, and the spread of COVID-19, which affected production and personal consumption.」
The demand risks from US-China trade friction and the weak Chinese economy were compounded by production stagnation and the impact on personal consumption caused by the spread of COVID-19. - FY2020WorsenedAnnual report
「The electronic components industry remained sluggish due to declining capital investment appetite in the manufacturing sector amid prolonged US-China trade friction, the prolonged weakness of the Chinese economy, and the impact of the spread of COVID-19.」
The demand risks from US-China trade friction and the weak Chinese economy were compounded by the impact of the spread of COVID-19, and the electronic components industry as a whole remained sluggish. - FY2020-Q3WorsenedAnnual report
「The electronic components industry saw orders slow due to restrained capital investment amid US-China trade friction and the slowdown in the Chinese economy, and conditions remained uneven thereafter.」
Orders for electronic components remained weak due to restrained capital investment amid US-China trade friction and the slowdown in the Chinese economy. Sales and profit from drop and impact testing machines both declined. - FY2020-Q1WorsenedAnnual report
「The electronic components industry continued to experience weak orders for smartphones and industrial equipment and factory automation, due to restrained capital investment amid US-China trade friction and the effects of the slowdown in the Chinese economy.」
Orders for smartphones, industrial equipment and factory automation remained weak due to restrained capital investment amid US-China trade friction and the slowdown in the Chinese economy. - FY2019-Q3WorsenedAnnual report
「The electronic components industry continued to see firm demand related to automotive applications, while demand related to industrial equipment and factory automation began to slow due to restrained capital investment and stagnant demand for smartphone-related equipment.」
Automotive-related demand remained firm, while demand related to industrial equipment and factory automation began to slow due to restrained capital investment and stagnant demand for smartphone-related equipment. The scope of the impact of risks to electronic component demand was identified. - FY2019-Q2MitigatedAnnual report
「The electronic components industry remained strong overall. Demand for automotive applications and manufacturing equipment, including semiconductor manufacturing equipment, continued to be firm, while demand for related components surged as overseas smartphone production got fully underway.」
Demand for automotive applications, manufacturing equipment and overseas smartphones was strong, easing the industry demand risks previously associated with smartphone production adjustments and the slowdown in the Chinese economy. Meanwhile, dust sensors were affected by inventory adjustments for air purifiers in China. - FY2019-Q1MaterialisedAnnual report
「In the sensor-related equipment field, sales and profit from dust sensors, which had performed strongly in the previous fiscal year, declined substantially due to factors including inventory adjustments for air purifiers in China.」
Inventory adjustments for air purifiers in China materialised as declines in sales and profit from dust sensors. Meanwhile, the electronic components industry as a whole remained strong, supported by increased demand for manufacturing equipment. - FY2018-Q3MitigatedAnnual report
「The electronic components industry remained generally firm. Automotive applications, mainly for Europe, the United States and China, were strong, as were demand from overseas smartphone manufacturers and demand related to industrial equipment, including manufacturing equipment.」
Demand for automotive applications, overseas smartphone manufacturers, and industrial equipment, including manufacturing equipment, was strong, further easing demand risks related to production adjustments by overseas smartphone manufacturers and the slowdown in the Chinese economy. - FY2018-Q2RestatedAnnual report
「The electronic components industry maintained an overall recovery trend. Automotive applications, mainly for Europe, the United States and China, remained firm, while demand from overseas smartphone manufacturers, including a recovery in demand in China, was also beginning to return.」
The strength of automotive applications and the recovery trend in smartphone demand in China continued, reconfirming the easing of demand risks identified in the previous quarter. - FY2018-Q1MitigatedAnnual report
「The electronic components industry showed an overall recovery trend. Automotive applications, mainly for Europe, the United States and China, remained firm, while production for overseas smartphone manufacturers expanded on demand for new models.」
Compared with the situation through the previous fiscal year, when conditions were sluggish due to production adjustments by overseas smartphone manufacturers and the slowdown in the Chinese economy, production expanded on demand for new models and the industry as a whole showed signs of recovery. - FY2017RestatedAnnual report
「The electronic components industry remained generally sluggish. Automotive applications, mainly for Europe, the United States and China, remained firm, but orders from overseas smartphone manufacturers were affected by production adjustments, while demand for production equipment and related products declined amid the slowdown in the Chinese economy.」
The electronic components industry remained sluggish throughout the full year as production adjustments by overseas smartphone manufacturers and a decline in demand for production equipment and related products due to the slowdown in the Chinese economy continued. - FY2017-Q3WorsenedAnnual report
「The electronic components industry remained generally sluggish. Automotive applications, mainly for Europe, the United States and China, remained firm, but orders from overseas smartphone manufacturers were affected by production adjustments, while demand for production equipment and related products declined amid the slowdown in the Chinese economy.」
In addition to the ongoing production adjustments by overseas smartphone manufacturers and the slowdown in the Chinese economy, a decline in demand for production equipment and related products attributable to the economic slowdown in China was specifically identified. In the capacitor segment, both sales and profitability deteriorated, indicating that the impact of risks to electronic component demand is spreading. - FY2017-Q2First statedAnnual report
「In the electronic components industry, automotive applications remained firm, particularly for Europe and North America, but demand from overseas smartphone manufacturers was affected by production adjustments. Together with the slowdown in the Chinese economy, this resulted in overall sluggish performance.」
The electronic components industry remained sluggish due to production adjustments by overseas smartphone manufacturers and the slowdown in the Chinese economy.