Demand for customer products, capital investment trends, and seasonality
First written in FY2016. 15 of 19 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2023-Q2.
Restar moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 18 of 42 companies on the "Worse" side.
7 other companies' latest entry also says "Materialised".
- FY2023-Q2MaterialisedAnnual report
「In the Electronic Equipment business, delays in large-scale projects and system deliveries continued due to the impact of semiconductor shortages, but revenue increased on growth in medical applications and new projects.」
Delays in large-scale projects and system deliveries due to semiconductor shortages continued to occur, affecting the progress of the Electronic Equipment business. - FY2023-Q1MaterialisedAnnual report
「In the Electronic Equipment business, system deliveries were affected by the Shanghai lockdown, delays in semiconductor production, and delays in the delivery of materials, resulting in lower revenue.」
The Shanghai lockdown, delays in semiconductor production, and delays in the delivery of materials actually affected system deliveries and resulted in lower revenue. - FY2022-Q3MaterialisedAnnual report
「In the System Equipment business, sales of My Number personal authentication equipment increased, but revenue declined due mainly to lower demand for cashless payment terminals associated with lower demand for office vending machines and other products, as well as the impact on shipments from supply chain disruptions caused by component shortages.」
In addition to lower customer demand, the impact on shipments from component shortages and supply chain disruptions was reported as an actual factor behind the decline in revenue in the System Equipment business. - FY2022-Q2MaterialisedAnnual report
「In the System Equipment business, sales of My Number personal authentication equipment increased, but revenue declined mainly because lower demand for office vending machines and other products reduced shipments of cashless payment terminals.」
Lower customer demand was reflected in actual results as reduced shipments and lower revenue from cashless payment terminals for payment services. - FY2021MaterialisedAnnual report
「Although the current consolidated fiscal year saw strength in new businesses, the System Equipment business, and power generation, net sales declined significantly due to the impact of lower demand in the Device and EMS businesses.」
Lower customer demand led to lower revenue in the Device and EMS businesses and was reflected in actual results as consolidated net sales of ¥323,815 million, down 14.7% year on year. - FY2021-Q3MaterialisedAnnual report
「Net sales for the nine months ended the third quarter declined year on year, mainly due to the effects of worldwide production stagnation and sluggish consumer demand continuing from the first quarter, including the effects on the reporting segments below.」
Customers' production stagnation and sluggish consumer demand were reflected in actual results as a 20.3% year-on-year decline in net sales. - FY2021-Q2MaterialisedAnnual report
「Despite continued efforts to promote sales of new products and proposals for services, net sales for the six months ended the second quarter declined year on year due to the effects of worldwide production stagnation and sluggish consumer demand, among other factors, including the effects on the reporting segments below.」
Worldwide production stagnation and sluggish consumer demand were reflected in actual results as a year-on-year decline in revenue. - FY2021-Q1MaterialisedAnnual report
「Despite continued efforts to promote sales of new products and proposals for services, first-quarter net sales declined year on year due mainly to the worldwide decline in production operating rates and sluggish consumer demand resulting from the spread of COVID-19.」
Changes in customer demand and production operating rates were reflected in actual results as a worldwide decline in revenue resulting from the spread of COVID-19. - FY2020-Q1MaterialisedAnnual report
「Sales of FA cameras for semiconductor manufacturing equipment declined due to customers holding back on investment, while the transition to 4K/8K at broadcasters and editing studios, as well as cashless payment terminals, performed well.」
While customers holding back on capital investment continued to be reflected in results as a factor behind the decline in FA camera sales, demand for 4K/8K and cashless payment terminals was also reported. - FY2019MaterialisedAnnual report
「In the Electronic Equipment business, sales of FA cameras for semiconductor manufacturing equipment declined due to customers holding back on investment, while revenue increased as orders for large-scale projects from broadcasters and post-production studios grew and new customers were developed.」
Customers holding back on capital investment was reflected in actual results as a factor behind the decline in FA camera sales. - FY2019-Q2MaterialisedAnnual report
「In the Electronic Equipment business, sales of FA cameras for semiconductor manufacturing equipment remained firm, but revenue declined due to delays in large-scale projects and other factors.」
Delays in large-scale projects actually occurred and became a factor behind the decline in revenue in the Electronic Equipment business, despite firm FA camera sales. - FY2018RestatedAnnual report
「Demand trends for customer products, their functions, and customers' capital investment trends resulting from changes in the economic environment and business conditions may affect the Group's performance. In addition, because the Electronic Equipment business primarily serves the broadcasting-related market and the corporate, school, and government markets, sales tend to be concentrated at the September and March fiscal year-ends due to customers' budget execution.」
The Company reiterates the risk of fluctuations in performance arising from customer demand, capital investment, and the concentration of Electronic Equipment business sales at the fiscal year-end. - FY2018-Q3RestatedAnnual report
「In the contactless IC card-related business, the expansion of applications for electronic money continued, but recent demand slowed.」
While applications for electronic money continued to expand, the recent slowdown in demand continued to be cited as an actual performance factor. - FY2018-Q2MaterialisedAnnual report
「In the contactless IC card-related business, the expansion of applications for electronic money continued, but recent demand slowed.」
The slowdown in customer demand actually occurred during the six months ended the second quarter and was cited as a factor behind the decline in revenue in the System Equipment business. - FY2017RestatedAnnual report
「Demand trends for customer products, their functions, and customers' capital investment trends resulting from changes in the economic environment and business conditions may affect the Group's performance. In addition, because the Electronic Equipment business primarily serves the broadcasting-related market and the corporate, school, and government markets, sales tend to be concentrated at the September and March fiscal year-ends due to customers' budget execution.」
The Company reiterates the risk of fluctuations in performance arising from customer demand, capital investment, and the concentration of Electronic Equipment business sales at the fiscal year-end. - FY2017-Q3MaterialisedAnnual report
「In the contactless IC card-related business, discussions on electronic money and access-control-related business remained active, but recent revenue declined.」
Although discussions remained active, a decline in recent revenue in the System Equipment business actually occurred. - FY2017-Q2MaterialisedAnnual report
「In the contactless IC card-related business, discussions on electronic money-related business remained active, but revenue declined partly because some business shifted to the second half of the fiscal year.」
The timing shift of some business into the second half actually occurred and became a factor behind the decline in revenue in the System Equipment business. - FY2017-Q1MaterialisedAnnual report
「In the contactless IC card-related business, discussions on electronic money-related business remained active, but revenue declined because demand from some customers was concentrated in the second quarter.」
The timing concentration of customer demand actually occurred and was cited as a factor behind the decline in revenue in the System Equipment business. - FY2016First statedAnnual report
「Demand trends for customer products, their functions, and customers' capital investment trends resulting from changes in the economic environment and business conditions may affect the Group's performance.」
The Company identifies fluctuations in performance arising from demand for products from set manufacturers and others, product functions, capital investment, and concentration at the fiscal year-end as risks.