Economic Downturn Caused by the Global Semiconductor Shortage
First written in FY2022-Q3. 2 of 6 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2026.
Gun Ei Chemical Industry moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Resins for electronic materials applications, particularly semiconductor applications, remained solid, supported by strong memory demand for generative AI and other applications.」
The situation has shifted from the previous description, which focused on the global semiconductor shortage and slowing memory demand, to solid performance in semiconductor applications supported by strong memory demand for generative AI and other applications. - FY2024-Q1MitigatedAnnual report
「In addition, although the impact of the semiconductor shortage on automotive-related products eased and domestic production volumes recovered, each business remained sluggish as a result of the downturn in the Chinese market,」
It states that the impact of the semiconductor shortage on the automotive sector eased and domestic production recovered. However, demand is being depressed by the downturn in the Chinese market, separately from the semiconductor shortage. - FY2023ReframedAnnual report
「Resins for semiconductor-related applications remained sluggish as global demand for memory semiconductors slowed. Resins for LCD-related applications also remained sluggish, as the expansion of domestic and overseas demand that had continued since the year before last came to an end and excess supply made it difficult to foresee a recovery in the supply-demand balance.」
The description of the main factors has shifted from supply-constraint risks centered on the global semiconductor shortage to slowing demand for memory semiconductors and oversupply and deteriorating supply-demand conditions in the liquid crystal display sector. - FY2023-Q3RestatedAnnual report
「However, conditions remained challenging due to the rapid depreciation of the yen, surging resource prices and inflation, and shortages of parts and semiconductors caused by disruptions to global supply chains.」
Shortages of parts and semiconductors caused by disruptions to global supply chains continue to be cited as a factor contributing to challenging conditions. - FY2023-Q2MitigatedAnnual report
「Automotive-grade resins were affected by production cuts despite signs of improvement in shortages of parts such as semiconductors, while resins for housing-related applications remained sluggish due to surging building material prices.」
In connection with the global semiconductor shortage, the disclosure states that shortages of parts such as semiconductors are improving. However, the impact of production cuts continues in the automotive sector. - FY2022-Q3First statedAnnual report
「During the cumulative third quarter of the fiscal year, the global economy remained on a recovery track, supported by the effectiveness of measures taken by countries to prevent the spread of infection, including vaccination, and the normalization of economic activity in the United States and China, despite downside factors such as the emergence of COVID-19 variants, a global semiconductor shortage and soaring crude oil prices.」
The global semiconductor shortage was newly identified as a factor contributing to a downturn in the global economy.