Expectations for Capital Investment Toward Full-Scale 5G Commercial Deployment
First written in FY2020-Q1. 7 of 16 entries say "Advanced", first in FY2020. Latest entry: 2026-10-29.
The whole theme swung hardest in 2020: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- 2026-10-29AdvancedEarnings
「当社グループの関連市場であるエレクトロニクス業界におきましては、生成AI技術の普及にともなうデジタルインフラ整備に向けた投資を背景に、関連市場全体の需要が好調に推移しました。」
生成AI技術の普及とデジタルインフラ整備向け投資を背景とする需要好調が、中間期の市場動向として記載された。 - FY2026AdvancedAnnual report
「In the electronics industry, one of the markets relevant to our Group, conditions overall remained firm as the development of society-wide digital infrastructure using generative AI technology progressed and related investment expanded, despite delays in demand recovery in industrial equipment and certain automotive-related areas.」
The development of digital infrastructure using generative AI and the expansion of related investment were confirmed as market trends for the year, showing that previous expectations for demand had translated into tangible market progress. - FY2026-H1AdvancedAnnual report
「In the electronics industry, one of the markets relevant to our Group, investment related to the development of society-wide digital infrastructure using generative AI technology continues to expand, although conditions remain lackluster in industrial equipment and certain automotive-related areas.」
The development of digital infrastructure using generative AI technology and the expansion of related investment became tangible market trends during the interim consolidated accounting period, moving beyond previous expectations and projected demand. - FY2025AdvancedAnnual report
「In the electronics industry, one of the markets relevant to our Group, new digital technologies such as generative AI are gradually spreading through society and daily life, and demand for servers and other equipment for data centers continues to increase.」
The spread of digital technologies such as generative AI and continued demand for data center servers were described as part of the market environment, showing that growth opportunities related to AI and communications continue to translate into tangible demand. - FY2025-H1AdvancedAnnual report
「In the electronics industry, one of the markets relevant to our Group, demand is expanding against a backdrop of new investment centered on the use of AI, and demand for some semiconductors and electronic components has begun to recover.」
In addition to the previous expectations for generative AI and communications equipment, the market environment was described as showing demand growth against a backdrop of investment centered on the use of AI, as well as an actual recovery in demand for some semiconductors and electronic components. - FY2024RestatedAnnual report
「Under these conditions, we expect overall demand to recover for our core product, separators for aluminum electrolytic capacitors, as demand expands in the communications equipment-related and automotive sectors due to generative AI-related investment and other factors, and as signs emerge that the inventory adjustment, which extended into the current period, is coming to an end.」
Communications equipment, generative AI-related investment and the automotive sector continued to be identified as factors driving demand recovery. - FY2023RestatedAnnual report
「We expect demand for separators for aluminum electrolytic capacitors used in communications equipment-related applications, a market that continues to expand, to increase.」
The expansion of the communications equipment-related market and the expected medium- to long-term increase in demand for separators for aluminum electrolytic capacitors in that market were reconfirmed. - FY2022-Q1RestatedAnnual report
「Against this backdrop, separators for aluminum electrolytic capacitors continued to perform well, particularly for automotive applications and industrial equipment, while demand from 5G base stations remained firm. In addition, customers were building inventories, resulting in sales of ¥3,645 million for the cumulative first quarter of the current consolidated fiscal year, up ¥722 million, or 24.7%, year on year.」
The continued strength of demand for 5G base stations, together with demand from the automotive and industrial equipment sectors, was reconfirmed as having contributed to increased sales of separators for aluminum electrolytic capacitors. - FY2021RestatedAnnual report
「Demand for 5G base stations and data centers also remained firm.」
The continued strength of demand for 5G base stations and data centers was reconfirmed. - FY2021-Q3RestatedAnnual report
「Demand for 5G base stations and data centers also remained firm.」
Demand for 5G base stations and data centers remained firm, reconfirming the previous view of demand related to 5G and ICT. - FY2021-Q2RestatedAnnual report
「Although demand for automotive applications and industrial equipment such as machine tools declined during the COVID-19 pandemic, capacitor separators benefited from inventory-building by set manufacturers and others in anticipation of the impact of the spread of infections at the beginning of the period, as well as demand for data centers and 5G-related applications. As a result, sales for the six months ended the second quarter of the current consolidated fiscal year were ¥5,046 million, up ¥72 million, or 1.5%, year on year.」
Demand for data centers and 5G-related applications continued to contribute, and sales of capacitor separators increased 1.5% year on year. The continued strength of 5G-related demand was reconfirmed. - FY2021-Q1AdvancedAnnual report
「Sales of capacitor separators for the cumulative consolidated first quarter amounted to ¥2,922 million, up ¥359 million, or 14.0% year on year, reflecting inventory-building by set manufacturers and others in consideration of the impact of the spread of infections, as well as firm demand for data centers and 5G-related applications in Japan and overseas.」
Regarding 5G, the previous expectations for its spread developed into tangible results, with demand for 5G-related applications in Japan and overseas remaining firm and sales of capacitor separators increasing 14.0% year on year. - FY2020AdvancedAnnual report
「The current global and Japanese economies remain in an uncertain situation regarding the impact of the novel coronavirus, whose infections have spread, and when they will subside. Orders for machine tools have been slow to recover and global automobile unit sales have declined, while the impact has extended across a wide range of markets, including increased notebook PC sales due to the expansion of teleworking and progress in the installation of data centers and 5G base stations.」
The discussion of 5G went beyond the previous expectations for capital investment, describing the progress of base-station installations and related demand as specific developments in the market environment. - FY2020-Q3Re-emergenceAnnual report
「In the electronics industry, one of the Group’s related markets, demand for components increased for data-center-related investment and the spread of 5G, but market conditions continued to show no signs of a full-scale recovery.」
Expectations for increased component demand accompanying the spread of 5G, which were not repeated in the previous quarter, were noted again, and data center-related investment was added as a factor driving demand growth. Meanwhile, it was stated that market conditions had not yet fully recovered. - FY2020-Q2DroppedAnnual reportExpectations for capital investment ahead of the full-scale practical deployment of 5G, which were noted in the previous quarter, were not repeated in the discussion of operating results and the market environment for the current quarter.
- FY2020-Q1First statedAnnual report
「Although expectations remained for capital investment ahead of the full-scale practical deployment of 5G, market conditions continued to languish, with no signs of recovery from the downturn that began in early autumn last year.」
Expectations for capital investment ahead of the full-scale practical deployment of 5G were included as a new factor in the market environment for the electronics industry.