High dependence on the semiconductor and LCD-related business
First written in FY2020. 2 of 5 entries say "Raised", first in FY2021. Latest entry: FY2025.
Stella Chemifa moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Softened".
- FY2025SoftenedAnnual report
「Semiconductor-related products account for a high proportion of our group's revenue, and our performance is affected by developments in the semiconductor industry, which is subject to significant cyclical market fluctuations.」
High dependence on semiconductor-related products continues to be described as a risk, but the specific degree of dependence, such as “approximately 60%” in previous disclosures, is no longer stated. - FY2024SoftenedAnnual report
「Semiconductor-related products in the high-purity chemicals business account for a high proportion of our group's revenue, approximately 60%. A decline in semiconductor demand and capital investment in the electronic, electrical and communications equipment industries, our customers, or a fall in selling prices due to intensified price competition with competitors could affect our group's financial position, operating results and other aspects of performance. We are working to avoid this impact by continuously strengthening product competitiveness and expanding product development and sales in other business areas.」
The proportion of semiconductor-related revenue is described as “approximately 60%,” down from “more than 60%” previously, indicating a slight reduction in the stated degree of dependence. Meanwhile, lower shipments due to deteriorating semiconductor market conditions have appeared in actual results. - FY2023RaisedAnnual report
「Semiconductor-related products in the high-purity chemicals business account for a high proportion of our group's revenue, more than 60%. A decline in semiconductor demand and capital investment in the electronic, electrical and communications equipment industries, our customers, or a fall in selling prices due to intensified price competition with competitors could affect our group's financial position, operating results and other aspects of performance.」
The dependence of revenue on semiconductor-related products is stated as having risen from “just under 60%” previously to “more than 60%.” - FY2021RaisedAnnual report
「Semiconductor- and LCD-related products in the high-purity chemicals business account for a high proportion of our group's revenue, just under 60%. A decline in semiconductor demand and capital investment in the electronic, electrical and communications equipment industries, our customers, or a fall in selling prices due to intensified price competition with competitors could affect our group's financial position, operating results and other aspects of performance.」
The dependence of revenue on semiconductor- and LCD-related products is stated as having risen from approximately 50% previously to just under 60%. - FY2020First statedAnnual report
「Semiconductor- and LCD-related products in the high-purity chemicals business account for a high proportion of our group's revenue, approximately 50%. A decline in semiconductor demand and capital investment in the electronic, electrical and communications equipment industries, our customers, or a fall in selling prices due to intensified price competition with competitors could affect our group's financial position, operating results and other aspects of performance.」
Dependence on semiconductor- and LCD-related products, which account for approximately 50% of revenue, is explicitly identified as a structural risk, and lower sales driven by semiconductor demand, export controls and other factors also occurred during the period.