Supply Chain Disruptions Caused by Semiconductor Shortages and Strained Ocean Logistics
First written in FY2021. 4 of 11 entries say "Restated". Latest entry: FY2025-H1.
2 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「Among our Group's major customers, the automotive industry saw cumulative global sales of internal-combustion-engine vehicles decline 2.1% year on year. Sales of electrified vehicles increased 8% year on year, although their growth rate slowed.」
Although this differs from the earlier supply constraints related to the semiconductor shortage and strained maritime logistics, sales of electric vehicles in the automobile market rose 8% year on year, while slower demand growth and sluggish inventory drawdown have emerged as new constraints, rather than supply constraints. - FY2024-Q2RestatedAnnual report
「In the automotive industry, a major customer of our Group, supply constraints associated with shortages of semiconductors and other components began to ease, and cumulative global light-vehicle sales in 2023 rose 10.2% from the previous year, also benefiting from tax incentives for new-energy vehicles in China.」
Supply constraints associated with shortages of semiconductors and other components were reported to be easing, and automobile unit sales rose 10.2% year on year. The effects of supply chain disruptions continue to moderate. - FY2024-Q1MitigatedAnnual report
「In the automotive industry, a major customer of our Group, supply constraints associated with shortages of semiconductors and other components began to ease, and sales of global light vehicles in the first half of 2023 rose 10.7% from the same period of the previous year, also benefiting from tax incentives for new-energy vehicles in China.」
Supply constraints associated with shortages of semiconductors and other components began to ease, improving the automobile production and sales environment. Tax incentives for new-energy vehicles in China also contributed, and global light-vehicle sales rose 10.7% year on year. - FY2023-Q3MitigatedAnnual report
「Among our Group's major customers, the automotive industry saw automakers forced to cut production from plan because of prolonged supply-chain disruption, but improvement was seen supported by tax policies in China, including vehicle purchase tax cuts. Cumulative global light-vehicle sales in 2022 declined 0.6% year on year.」
Although automobile production cuts caused by supply chain disruptions continued, conditions improved against the backdrop of China's tax-cut policy, and the decline in global light-vehicle sales narrowed to 0.6% year on year. - FY2023-Q2MitigatedAnnual report
「Among our Group's major customers, the automotive industry saw automakers forced to cut production from plan because of prolonged supply-chain disruption, but improvement was seen in the second quarter, supported by temporary tax cuts in China. Cumulative global light-vehicle sales in 2022 declined 2.0% year on year.」
Although production cuts below plan caused by supply chain disruptions continued, conditions improved against the backdrop of temporary tax cuts in China, and the decline in global light-vehicle sales narrowed to 2.0% year on year. - FY2023-Q1WorsenedAnnual report
「The automotive industry, a major customer of our Group, was also affected by the prolonged supply chain disruptions, forcing automakers to cut production below plan. Global light-vehicle sales in the first half of 2022 fell 8.5% from the same period of the previous year, when demand was recovering strongly from the COVID-19 pandemic.」
Supply chain disruptions, including the semiconductor shortage, led automakers to cut production below plan, and global light-vehicle sales fell 8.5% year on year. - FY2022RestatedAnnual report
「During the consolidated fiscal year, global inflation accelerated as the impact of economic and social disruption caused by the COVID-19 pandemic, including lower automobile production due to shortages of semiconductors and other components and supply chain disruptions caused by strained maritime logistics, had not been fully resolved, while the effects of economic sanctions and restrictions on logistics routes associated with Russia's invasion of Ukraine were added.」
Automobile production cuts caused by shortages of semiconductors and other components and supply chain disruptions caused by strained maritime logistics continued, compounded by sanctions and logistics restrictions related to the situation in Russia and Ukraine. - FY2022-Q3RestatedAnnual report
「In addition, automobile production cuts caused by shortages of semiconductors and other components, and supply chain disruptions caused by strained maritime logistics, remain unresolved and are weighing on the recovery of the global economy.」
The supply chain disruptions caused by the semiconductor shortage and strained maritime logistics remain unresolved, leading to lower automobile production and a slowdown in the global economic recovery. - FY2022-Q2WorsenedAnnual report
「However, the Company has been forced to reduce production due to the global semiconductor shortage, and production turned lower during the second quarter of the current consolidated accounting period.」
The global semiconductor shortage materialized as lower automobile production, and automobile unit sales began to decline in the second quarter. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period (1 April 2021 to 30 June 2021), recovery varied significantly across countries, regions and industries due to the spread of COVID-19, vaccination rates and the prevalence of variants. The period also began amid factors affecting economic activity, including reduced automobile production resulting from the global semiconductor shortage.」
Reduced automobile production caused by the global semiconductor shortage and disruption in overseas logistics continue to create uncertainty for economic activity and the supply chain. - FY2021First statedAnnual report
「In addition, supply chain disruptions caused by semiconductor shortages and tight ocean freight capacity accompanying the sharp recovery in global economic activity have left considerable uncertainty about the outlook.」
Supply chain disruptions caused by semiconductor shortages and tight ocean freight capacity were identified as new external factors creating uncertainty during the fiscal year.