Exposure to smartphone demand and slowing growth in the Chinese market
First written in FY2016. 12 of 25 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Restar moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「EMS revenue declined as the benefit from adoption in new smartphone models in the previous consolidated fiscal year fell away.」
The fading benefit from the adoption of new smartphone models appeared in the results as lower EMS revenue, bringing the business's exposure to smartphone-related demand back into focus. - FY2025-H1MitigatedAnnual report
「Revenue increased, helped by improved EMS business performance as the smartphone market recovered.」
The company describes a shift from a situation in which weak smartphone demand had materialized as lower EMS revenue to a recovery in the smartphone market and improved EMS business performance. - FY2024Higher EMS revenue from expansion to new customersAnnual report
「EMS revenue increased as the Company expanded its smartphone and automotive display businesses to new customers.」
While weak demand for smartphones and tablets continued, the EMS business generated higher revenue through expansion to new customers, marking a shift from the previous situation of one-way revenue declines. - FY2024-Q3MaterialisedAnnual report
「EMS revenue declined due to weak customer demand for its core smartphone and tablet applications.」
Weak demand for smartphones and tablets continued to appear in the results as lower EMS revenue that outweighed growth in automotive and other applications. - FY2024-Q1MaterialisedAnnual report
「Although businesses such as automotive displays expanded, EMS revenue declined as the markets for the Company's mainstay smartphone and tablet applications remained weak.」
Weak demand for smartphones and tablets appeared in the results for the quarter as lower EMS revenue that outweighed the expansion of the automotive display business. - FY2023MaterialisedAnnual report
「Although new businesses, including automotive displays, expanded, EMS revenue declined as the market for the Company's mainstay smartphone applications remained weak.」
Weak demand for smartphones appeared in full-year results as lower EMS revenue that outweighed the expansion of new automotive-related businesses. - FY2023-Q3MaterialisedAnnual report
「The EMS business benefited from the start of mass production for automotive display applications, but revenue declined due to weakness in the Company's mainstay smartphone business.」
Weak smartphone demand continued to appear in the results as lower EMS revenue that outweighed the factors driving higher revenue from automotive applications. - FY2023-Q2MaterialisedAnnual report
「EMS revenue increased on higher demand for OLED displays for notebook PCs and new automotive orders, but declined significantly because the impact of lower demand for the Company's mainstay smartphone applications was substantial.」
The decline in smartphone demand appeared in the results as lower EMS revenue that outweighed the factors driving higher revenue from notebook PCs and automotive applications. - FY2022-Q1ReframedAnnual report
「Revenue for the cumulative first-quarter period increased, as strong demand drove solid performance in the semiconductor and electronic components businesses and the procurement business, despite tight supplies of semiconductors for a range of products, including consumer and automotive equipment, and the resulting procurement risks.」
The previous recognition of slowing or declining smartphone demand has changed to a situation in which strong demand continues but procurement constraints remain due to tight semiconductor supplies. - FY2021MaterialisedAnnual report
「EMS revenue declined mainly because an amount related to the change in the fiscal year-end was recorded in the first quarter of the previous consolidated fiscal year, and because production of smartphone components, modules and other products decreased due to US-China trade tensions.」
Lower production of smartphone components and modules appeared in the results as lower EMS revenue. - FY2021-Q3MaterialisedAnnual report
「The device business began to show signs of a gradual recovery from the middle of the cumulative third-quarter period, but revenue declined, mainly due to lower consumer demand and production adjustments in automotive-related products. EMS revenue declined mainly because of the inclusion of the impact of a change in the fiscal year-end and other factors in the first quarter of the previous fiscal year, as well as lower demand for smartphone components and modules and other products.」
Lower demand for smartphones and consumer products, together with production adjustments in automotive-related products, continued to appear in the results as factors behind lower revenue in both the device and EMS businesses. At the same time, the company noted signs of a gradual recovery from the middle of the period onward. - FY2021-Q2MaterialisedAnnual report
「The device business began to show signs of a gradual recovery in the latter half of the cumulative second-quarter period, but revenue declined, mainly due to production adjustments in automotive-related products and lower consumer demand. EMS revenue also declined, owing to the inclusion of the impact of a change in the fiscal year-end in the first quarter of the previous fiscal year and lower demand for smartphones and other products.」
Lower demand for smartphones and consumer products, together with production adjustments in automotive-related products, appeared in the results as factors behind lower revenue in both the device and EMS businesses. At the same time, the company noted signs of a gradual recovery in the latter half of the quarter. - FY2020-Q3ReframedAnnual report
「Signs of a recovery are gradually emerging, including progress in semiconductor inventory adjustments and a bottoming out in smartphone and notebook PC sales. Demand for some semiconductors, particularly various types of sensors, remains firm, supported by capital investment in automotive and healthcare and digital health applications, facilities for the rollout of 5G, and the rapid advancement of IoT and AI.」
The previous recognition of slowing or declining demand for smartphones and other products has been supplemented by signs of recovery, such as progress in inventory adjustments and a bottoming out in smartphone and notebook PC sales, as well as firm demand in some areas. - FY2020-Q2MaterialisedAnnual report
「In the Devices business, efforts to develop new demand made steady progress using the customer and product lineup expanded through the management integration, but net sales declined slightly due to lower demand for smartphones and digital cameras and the impact of falling memory prices.」
The previously recognized slowdown in smartphone growth is described as having materialized in the results as lower device-business revenue due to declining demand for smartphones and digital cameras and falling memory prices. - FY2020-Q1MaterialisedAnnual report
「Although smartphone demand is declining as replacement cycles lengthen and lower memory prices are affecting revenue」
The decline in smartphone demand is described as an actual environmental factor affecting revenue in the device market, rather than merely the previously recognized slowdown in overall growth. - FY2019DroppedAnnual reportThe risks related to smartphone demand and slowing growth in the Chinese market are not listed as separate risks among the business and other risks for the fiscal year.
- FY2018RestatedAnnual report
「In the electronics industry, smartphones continue to be the key growth driver on which the industry tends to depend, but their growth potential has slowed.」
The company continues to treat smartphone dependence and slowing growth potential as risks in the business environment. It also states that overseas smartphone-related sales were strong during the fiscal year. - FY2018-Q3RestatedAnnual report
「Revenue increased, owing to the absence of the Kumamoto earthquake impact recorded in the same period of the previous year and strong sales for overseas smartphones.」
Although this does not represent a withdrawal of the industry view that smartphone growth is slowing, the company again states that overseas smartphone-related sales remained strong. - FY2018-Q2RestatedAnnual report
「Revenue increased, owing to the absence of the Kumamoto earthquake impact recorded in the same period of the previous year and strong sales for overseas smartphones.」
Although this does not represent a withdrawal of the industry view that smartphone growth is slowing, the company again states that overseas smartphone-related sales were strong during the cumulative second quarter. - FY2018-Q1Strong overseas smartphone-related sales in the current quarterAnnual report
「The semiconductor and electronic components businesses posted higher revenue, owing to the absence of the Kumamoto earthquake impact recorded in the same period of the previous year and strong sales for overseas smartphones.」
Although this does not represent a withdrawal of the previous industry view that growth across smartphones is slowing, the company states that overseas smartphone-related sales remained strong in the current quarter. - FY2017RestatedAnnual report
「In the electronics industry in which our Group operates, smartphones continue to be the key growth driver on which the industry tends to depend, but their growth potential has slowed.」
The company continues to treat smartphone dependence and slowing growth potential as risks in the business environment. - FY2017-Q3RestatedAnnual report
「In the electronics industry in which our Group operates, smartphones continue to be the key growth driver on which the industry tends to depend, but their growth potential has slowed.」
The company continues to identify smartphone dependence and slowing growth potential as risks in the business environment. - FY2017-Q2RestatedAnnual report
「In the electronics industry in which our Group operates, smartphones continue to be the key growth driver on which the industry tends to depend, but their growth potential has slowed.」
The company continues to identify smartphone dependence and slowing growth potential as risks in the business environment. - FY2017-Q1WorsenedAnnual report
「Although the company continues to depend on smartphones as a key growth driver, their growth potential has slowed.」
The description has expanded from the slowdown in China’s smartphone market growth noted in the previous fiscal year to a slowdown in growth potential across smartphones as a whole in the current quarter. - FY2016MaterialisedAnnual report
「Although smartphones continue to be a key growth driver on which the company tends to depend, growth in China’s smartphone market has recently slowed.」
While smartphone dependence continues, the company describes slowing growth in the Chinese market as part of the business environment for the fiscal year.