Production adjustments and declining orders in the smartphone and other IT equipment market
First written in FY2016-Q3. 14 of 36 entries say "Reframed", first in FY2018-Q3. Latest entry: 2026-09-14.
Sanno moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 2 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026-H1ReframedAnnual report
「In the communications-related sector, demand for PC replacement increased, but demand for smartphones varied by model, resulting overall in mixed conditions.」
In the communications-related sector, demand for PC replacements increased, while smartphone demand varied by model, resulting overall in mixed conditions. The description shifted from the previous assessment of recovering or weak communications demand to one in which conditions varied by product. - FY2025ReframedAnnual report
「In the electronics industry to which our Group belongs, the automotive market remained relatively resilient, demand for some products in the communications market recovered, and the industrial-equipment sector, where inventory adjustments had been prolonged, showed signs of recovery. Accordingly, the fiscal year was firm despite the continued challenging conditions.」
The automotive market's resilience, a partial recovery in the communications market and signs of recovery in the industrial-equipment sector were noted, and the assessment shifted to one of generally firm overall conditions despite continued challenges. A recovery in demand for electronic devices through the medium to long-term use of AI technology is also expected. - FY2025-H1ReframedAnnual report
「In the electronics industry to which our Group belongs, the industrial-equipment sector remained sluggish and failed to recover due in part to the downturn in China's economy. However, the automotive market remained relatively resilient, and demand for some products in the communications market recovered. Accordingly, the six-month period ended 30 September was firm despite the continued challenging conditions.」
The industrial-equipment sector remained sluggish due to the downturn in China's economy, while the automotive market remained resilient and demand for some products in the communications market recovered. The assessment that recovery varied by market continued. - FY2024-Q3RestatedAnnual report
「In the electronics industry to which our Group belongs, the automotive market remained firm as semiconductor supply shortages were resolved. However, demand continued to decline significantly, primarily in the industrial-equipment and consumer-equipment sectors, due to inventory adjustments and other factors carried over from the first quarter. Although the communications market showed signs of bottoming out, market conditions remained generally sluggish and challenging during the nine-month period ended 31 December.」
The market-specific conditions continued: the automotive market remained firm, demand in the industrial-equipment and consumer-equipment sectors was weak due to inventory adjustments, and the communications market showed signs of bottoming out while remaining generally sluggish overall. - FY2024-Q2ReframedAnnual report
「In the electronics industry to which our Group belongs, the automotive market remained firm as semiconductor supply shortages were resolved. However, demand continued to decline significantly, primarily in the industrial-equipment and consumer-equipment sectors, due to inventory adjustments and other factors carried over from the first quarter. Although the communications market showed signs of bottoming out, market conditions remained generally sluggish and challenging during the six-month period ended 30 September.」
The automotive market was described as firm against a backdrop of resolved semiconductor supply shortages, while weak demand due to inventory adjustments in the industrial-equipment and consumer-equipment sectors continued. The communications market was newly described as showing signs of bottoming out, but overall market conditions during the six-month period remained challenging. - FY2024-Q1RestatedAnnual report
「In the electronics industry to which our Group belongs, the automotive market remained firm as semiconductor supply shortages were resolved. However, demand continued to decline significantly, primarily in the industrial-equipment and consumer-equipment sectors, due to inventory adjustments and other factors carried over from the previous fiscal year, while demand in the communications market also remained weak. Accordingly, market conditions remained generally sluggish and challenging during the three-month period ended 30 June.」
Weak demand due to inventory adjustments in the industrial-equipment and consumer-equipment sectors and weak demand in the communications market continued from the previous fiscal year. Although improvement in the automotive market was noted separately, the electronics industry as a whole continued to face a challenging environment. - FY2023WorsenedAnnual report
「The electronics industry to which our Group belongs remained on a growth path driven by market expansion over the medium to long term. However, demand fell more sharply than expected from the third quarter onward due to inventory adjustments in the industrial-equipment and consumer-equipment sectors, which had remained firm through the six-month period ended 30 September. The automotive sector also had not reached a full recovery in demand, resulting in a challenging market environment characterized overall by a sharp decline in demand during the fiscal year.」
The concern over demand fluctuations through the previous quarter materialized during the full fiscal year as a greater-than-expected decline in demand due to inventory adjustments in the industrial-equipment and consumer-equipment sectors and a failure of demand in the automotive sector to achieve a full recovery. - FY2023-Q3WorsenedAnnual report
「The electronics industry to which our Group belongs remained on a growth path driven by market expansion. However, production adjustments in the industrial-equipment sector, which had remained firm through the six-month period ended 30 September, and declining demand in the communications sector became evident, while the automotive sector had not yet reached a full recovery. As a result, market conditions during the nine-month period ended 31 December were characterized overall by sharp fluctuations in demand.」
Production adjustments emerged in the industrial-equipment sector, which had been considered firm through the previous quarter, and demand for communications also declined. The automotive sector had not reached a full recovery, and market conditions overall were described as being subject to sharp fluctuations in demand. - FY2023-Q2RestatedAnnual report
「The electronics industry to which our Group belongs remained on a growth path driven by market expansion. Demand for 5G communications components continued against a backdrop of advancing digitalization, and orders in the industrial-equipment sector remained firm against a backdrop of recovering capital investment in Japan and overseas. Accordingly, market conditions were generally favorable during the six-month period ended 30 September.」
The assessment of continued demand for 5G communications components, firm orders for industrial equipment and generally favorable market conditions continued. - FY2023-Q1ReframedAnnual report
「The electronics industry to which our Group belongs remained on a growth path driven by market expansion. Although it was affected by declining automotive production due to semiconductor shortages and supply-chain disruptions and by production adjustments in the Chinese communications market, demand for 5G communications components remained strong against a backdrop of advancing digitalization, and orders in the industrial-equipment sector remained firm against a backdrop of recovering capital investment in Japan and overseas. Accordingly, market conditions were generally favorable during the three-month period ended 30 June.」
While declining automotive production due to semiconductor shortages and supply-chain disruptions and production adjustments in the Chinese communications market continued, 5G communications demand remained strong and orders for industrial equipment were firm, leading to an overall assessment of favorable market conditions. - FY2022-Q3WorsenedAnnual report
「In the electronics industry to which our Group belongs, production adjustments occurred in the Chinese communications market, while the automotive sector was affected by declining production due to semiconductor shortages and supply-chain disruptions. In contrast, demand expanded in the industrial-equipment sector against a backdrop of recovering capital investment in Japan and overseas.」
In addition to production adjustments in the Chinese communications market, the impact of declining automotive production due to semiconductor shortages and supply-chain disruptions became apparent. Meanwhile, demand for industrial equipment expanded, and conditions varied by market. - FY2022-Q2ReframedAnnual report
「In the electronics industry to which our Group belongs, production adjustments occurred in the Chinese market in the communications sector, while the automotive sector was affected by semiconductor shortages and supply-chain disruptions. In contrast, demand expanded in the industrial-equipment sector against a backdrop of economic recovery in Japan and overseas. The electronics industry as a whole remained on a growth path driven by market expansion, with strong demand for components for 5G communications supported by the advance of digitalization, and firm orders in the industrial-equipment and automotive sectors. Accordingly, market conditions were generally favorable during the nine-month period.」
While demand for 5G communications and industrial equipment and firm orders overall continued, production adjustments in the Chinese communications market and semiconductor shortages and supply-chain disruptions in the automotive sector became apparent, resulting in an assessment of conditions that varied by market. - FY2022-Q1ReframedAnnual report
「In the electronics industry to which our Group belongs, component demand in the communications sector remained strong, particularly for 5G, and firm orders were seen in the industrial-equipment and automotive sectors. Market conditions were generally favorable during the three-month period ended 30 June.」
The assessment shifted from the previous risks of slowing growth and production adjustments in the information and communications equipment market to generally favorable market conditions, including strong demand for 5G communications and firm orders for industrial equipment and automobiles. - FY2021ReframedAnnual report
「In the electronics industry to which our Group belongs, component demand in the communications sector continued to trend upward, particularly for 5G, and conditions in the industrial-equipment sector remained favorable while the automotive sector showed signs of recovery. However, the impact of COVID-19, whose containment remains uncertain, has created new supply-chain risks in Southeast Asia and elsewhere, with disruptions in component procurement and some production adjustments. Accordingly, the challenging business environment is expected to continue.」
The assessment shifted from declining smartphone and other device production and stagnating orders to a situation in which recovering demand for 5G, industrial equipment and automobiles coexists with infection-related supply-chain risks in Southeast Asia. - FY2021-Q3MitigatedAnnual report
「In the electronics industry to which our Group belongs, component demand in the communications sector continued to trend upward, particularly for next-generation 5G communications, while the automotive and industrial-equipment sectors were also recovering. Market conditions were generally favorable during the nine-month period ended 31 December.」
The upward trend in demand for communications components, particularly for 5G, continued, while the automotive and industrial-equipment sectors, whose recovery had been delayed through the previous quarter, were also recovering. Accordingly, the electronics industry as a whole was assessed as being in favorable market conditions. - FY2021-Q2MitigatedAnnual report
「In the electronics industry to which our Group belongs, component demand in the communications sector continued to trend upward, particularly for next-generation 5G communications, while the automotive sector was also recovering. Market conditions were generally favorable during the six-month period ended 30 September.」
Component demand in the communications sector, particularly for 5G, continued to trend upward, and the automotive sector was also recovering, leading to an assessment of generally favorable market conditions in the electronics industry. - FY2021-Q1ReframedAnnual report
「In the electronics industry to which our Group belongs, component demand in the communications sector continued to expand, particularly for next-generation 5G communications, while demand in the automotive sector, which had remained sluggish, recently recovered rapidly. As a result, market conditions were generally favorable during the three-month period ended 30 June. However, concern arose regarding the impact on the electronic-components industry of the recent resurgence of COVID-19 infections.」
The previously sluggish automotive sector shifted to a rapid recovery in demand, and conditions were described as generally favorable alongside expanding demand for 5G communications components. At the same time, concern regarding the impact of the resurgence of infections on the electronic-components industry was added. - FY2020RestatedAnnual report
「Although market conditions remained sluggish in the automotive and industrial-equipment markets, component demand in the communications market expanded, particularly for next-generation 5G communications, and component demand remained firm during the fiscal year. However, concern arose regarding the potential impact on future demand for electronic components from the deterioration in the global economy accompanying the spread of COVID-19.」
The assessment continued to reflect the coexistence of sluggish conditions in the automotive and industrial-equipment markets and expanding communications demand, particularly for 5G. - FY2020-Q3ReframedAnnual report
「Although market conditions remained sluggish in the automotive and industrial-equipment markets, component demand in the communications market expanded, particularly for next-generation 5G communications, and component demand remained firm during the nine-month period ended 31 December. However, concern arose regarding the potential impact on future demand for electronic components from the deterioration in the global economy accompanying the spread of COVID-19.」
While the automotive and industrial-equipment markets remained sluggish, demand for communications components, particularly for 5G, expanded, and demand during the nine-month period was described as firm. However, concern was newly expressed regarding the potential impact of COVID-19 on future demand for electronic components. - FY2020-Q2ReframedAnnual report
「Although recovery in the markets for automotive and industrial equipment was delayed, component demand in the communications market expanded, particularly for next-generation 5G communications, and overall component demand was on a recovery trend.」
While the delayed recovery in the markets for automotive and industrial equipment continued, component demand in the communications market expanded, particularly for 5G, and the assessment shifted from production adjustments and stagnating orders to a situation in which recovery varied by market. - FY2020-Q1ReframedAnnual report
「The electronics industry to which our Group belongs continued to face a challenging business environment, with production declining in China, the largest market, particularly in the automotive and industrial-equipment sectors amid escalating US-China trade friction. Meanwhile, in the communications sector, production adjustments made in the previous fiscal year were being eliminated, and component demand had recently begun to recover.」
The assessment shifted from the previous view of stagnating orders caused by production adjustments and declining production of smartphones and other devices to a situation that varied by sector: production continued to decline in the automotive and industrial-equipment sectors in China, while production adjustments in the communications sector during the previous fiscal year were being eliminated and component demand was recovering. - FY2019MaterialisedAnnual report
「The electronics industry to which our Group belongs faced an overall challenging business environment. In addition to production adjustments in the industrial-equipment sector and declining smartphone production, automotive production also declined in China, the largest market, amid escalating US-China trade friction.」
Declining smartphone production and production adjustments in the industrial-equipment sector continued throughout the fiscal year, while production also declined in the automotive sector in the Chinese market. - FY2019-Q3RestatedAnnual report
「Although component demand in the automotive market expanded with the increasing use of electronics in automotive components, orders in the industrial-equipment and communications markets stagnated under the impact of production adjustments in the industrial-equipment sector and declining smartphone production, resulting overall in a challenging business environment.」
Stagnating orders in the industrial-equipment and communications markets due to production adjustments in the industrial-equipment sector and declining smartphone production continued. - FY2019-Q2MaterialisedAnnual report
「Although component demand in the automotive market expanded with the increasing use of electronics in automotive components, orders in the industrial-equipment and communications markets stagnated under the impact of production adjustments in the industrial-equipment sector and declining smartphone production, resulting overall in a challenging business environment.」
As in the previous quarter, smartphone production declined, and the impact continued to materialize as stagnating orders in the industrial-equipment and communications markets, together with production adjustments in the industrial-equipment sector. - FY2019-Q1MaterialisedAnnual report
「The electronics industry to which our Group belongs faced an overall challenging business environment. Although component demand in the automotive market expanded with the increasing use of electronics in automotive components, orders stagnated as production of smartphones declined and production adjustments were made in the industrial-equipment sector.」
For the IT device market, previously characterized as experiencing slowing growth alongside demand for new products, smartphone production actually declined, and this, together with production adjustments in the industrial-equipment sector, led to stagnating orders. - FY2018-Q3ReframedAnnual report
「The electronics industry to which our Group belongs enjoyed an overall favorable business environment, as component demand in markets for automotive and industrial equipment continued to expand with the increasing use of electronics in automotive components and the automation and adoption of IoT in factories, while demand emerged for new products supporting high-speed transmission in the communications and consumer-products markets, although growth in information and communications devices such as smartphones was slowing.」
While slowing growth in the market for information and communications devices such as smartphones was newly identified, demand emerged for new products supporting high-speed transmission. The assessment therefore shifted from the previous risk of production adjustments and declining orders to a situation in which slowing growth and demand for new products coexist. - FY2018-Q2MitigatedAnnual report
「The electronics industry to which our Group belongs enjoyed an overall favorable business environment, as component demand in markets for automotive and industrial equipment continued to expand with the increasing use of electronics in automotive components and the automation and adoption of IoT in factories, while demand emerged for new products supporting high-speed transmission in the communications and consumer-products markets, which are our core markets.」
No concerns were indicated regarding the production adjustments or declining orders previously seen in the smartphone and tablet markets. Instead, the business environment was described as generally favorable, supported by expanding demand for automotive and industrial equipment and emerging demand for new products supporting high-speed transmission for communications and consumer products. - FY2018-Q1RestatedAnnual report
「The electronics industry to which our Group belongs enjoyed an overall favorable business environment, as component demand in markets for automotive and industrial equipment continued to expand with the increasing use of electronics in automotive components and the adoption of IoT, while the market for IT devices such as smartphones and tablet devices remained firm.」
The IT device market remained firm, and the overall favorable business environment continued alongside expanding demand for automotive and industrial equipment. - FY2017MitigatedAnnual report
「The electronics industry to which our Group belongs enjoyed an overall favorable business environment, as component demand in markets for automotive and industrial equipment expanded with the increasing use of electronics in automotive components and the adoption of IoT in factories, while component demand in the market for IT devices such as smartphones and tablet devices recovered as production adjustments were eliminated.」
In the market for IT devices such as smartphones and tablets, component demand recovered as production adjustments were eliminated, and the business environment was described as generally favorable. - FY2017-Q3RestatedAnnual report
「The electronics industry to which our Group belongs continued to perform well in the automotive market, particularly for overseas markets, while component demand in the market for IT devices such as smartphones and tablet PCs remained strong as the impact of production adjustments was eliminated.」
The statement that the impact of production adjustments had been eliminated and component demand remained strong in the IT device market continued from the previous quarter. - FY2017-Q2MitigatedAnnual report
「The electronics industry to which our Group belongs continued to perform well in the automotive market, particularly for overseas markets, while component demand in the market for IT devices such as smartphones and tablet PCs remained strong as the impact of production adjustments was eliminated.」
The impact of production adjustments in the IT device market during the previous fiscal year was eliminated, and component demand remained strong, further easing the previously identified risk of declining orders. - FY2017-Q1SoftenedAnnual report
「The electronics industry to which our Group belongs remained strong in the automotive market, particularly for overseas markets, while in the market for IT devices such as smartphones and tablet PCs, the impact of production adjustments made in the previous fiscal year eased, but product prices continued to trend downward as the market matured, resulting overall in a challenging business environment.」
The impact of production adjustments in the IT device market during the previous fiscal year eased, but product prices continued to decline as the market matured, and the business environment was described as challenging. - FY2016MaterialisedAnnual report
「Product prices have been trending downward as the market for IT devices such as smartphones and tablet PCs has matured, resulting overall in a challenging business environment. As a result, net sales for the fiscal year were ¥6,406 million, down 14.9% year on year.」
The maturity of the IT device market and falling prices were cited as the full-year business environment, with the impact quantified as net sales of ¥6,406 million, down 14.9% year on year. - FY2016-Q3First statedAnnual report
「The electronics industry to which our Group belongs faced a challenging business environment, as production adjustments were made mainly in the market for IT devices such as smartphones and tablet devices, owing in part to the slowdown in emerging-market economies, resulting in a decline in product orders. As a result, net sales for the nine-month period ended 31 December were ¥4,638 million, down 18.9% year on year.」
Production adjustments in the IT device market and a decline in product orders actually occurred, with the impact quantified as an 18.9% year-on-year decrease in net sales.