Automakers' production adjustments caused by semiconductor shortages
First written in FY2021. 7 of 13 entries say "Materialised", first in FY2022-Q1. Latest entry: FY2025.
DaikyoNishikawa moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 9 of 28 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2025DroppedAnnual report
「The company faces rapid changes in the operating environment, including the advance of emerging Chinese manufacturers in China and Southeast Asia and developments in US policy.」
The FY2025 key risks section does not identify production adjustments by automakers due to the semiconductor shortage as an independent risk. Changes in market conditions are described more broadly, including emerging Chinese manufacturers and US policy trends. - FY2024-Q3MitigatedAnnual report
「In the automotive parts market, the Group’s principal business area, the impact of the semiconductor shortage was eliminated and production began to recover, putting the market on a recovery track.」
Regarding the risk of production adjustments by automakers due to the semiconductor shortage, the disclosure states that the impact has been eliminated and production is on a recovery trend. - FY2024-Q2MitigatedAnnual report
「In the automotive parts market, the Group’s principal business area, the impact of the semiconductor shortage was almost eliminated and production began to recover, resulting in a continued gradual recovery.」
The disclosure states that the impact of the semiconductor shortage has been substantially eliminated and that production of automotive parts is recovering, indicating that the production-adjustment risk is easing. - FY2024-Q1MitigatedAnnual report
「During the three months ended the first quarter (1 April 2023 to 30 June 2023), the impact of COVID-19 and the semiconductor supply shortage was recovering, but raw-material and energy prices remained high due to the Russia-Ukraine situation and other factors.」
The disclosure states that the impact of the semiconductor supply shortage is recovering and that the previous production-adjustment risk is easing. It does not state that the impact has been eliminated. - FY2023MaterialisedAnnual report
「Although the global semiconductor shortage and other factors had an impact, customer production volumes showed signs of recovery, and the pass-through of higher raw material and energy costs into prices also contributed to an increase in net sales of ¥29,075 million, or 24.9%, from the previous consolidated fiscal year to ¥145,744 million.」
The semiconductor shortage continued to affect the operating environment, but customer production volumes showed signs of recovery and consolidated net sales increased 24.9%. - FY2023-Q3MaterialisedAnnual report
「Against this operating backdrop, although the global semiconductor shortage and other factors had an impact, net sales increased by ¥18,096 million, or 21.4%, year on year to ¥102,630 million as customer production volumes showed signs of recovery.」
Although the global semiconductor shortage continues to affect customer production, customer production volumes showed signs of recovery and consolidated net sales increased 21.4% year on year. The risk of production adjustments due to the semiconductor shortage has not been eliminated. - FY2023-Q2MaterialisedAnnual report
「In Japan, despite the impact of the spread of COVID-19, the global semiconductor shortage and other factors, revenue increased by ¥4,241 million, or 10.2%, from the same period of the previous year to ¥45,787 million. This reflected the recovery trend in production volumes at major customers and higher sales to strategic OEMs as part of efforts to expand sales channels.」
Although the global semiconductor shortage continues to affect production at major customers, Japan sales increased 10.2% year on year as customer production volumes recovered. The risk of production adjustments due to the semiconductor shortage has not been eliminated. - FY2023-Q1MaterialisedAnnual report
「Although product sales declined due to lower production volumes at customers resulting from the global semiconductor supply shortage,」
The global semiconductor supply shortage continues to be reflected in actual results through lower production volumes at customers and lower product sales. - FY2022MaterialisedAnnual report
「Although sales increased as distribution channels expanded, net sales decreased by ¥33,565 million, or 22.3%, from the previous consolidated fiscal year to ¥116,669 million. This reflected lower production volumes at customers due to the global semiconductor shortage and difficulties procuring automotive parts from Southeast Asia caused by COVID-19, as well as the impact of changes in accounting standards and other factors.」
The global semiconductor supply shortage actually affected full-year results through lower production volumes at customers, while procurement disruptions for parts from Southeast Asia associated with the pandemic occurred concurrently. - FY2022-Q3MaterialisedAnnual report
「During the third quarter of the fiscal year under review (1 April 2021 to 31 December 2021), the spread of COVID-19 led to lockdowns overseas, including in Southeast Asia, and the declaration of a state of emergency in Japan. In addition, the global semiconductor shortage and other factors affected the economy, and uncertainty about the outlook continued.」
The global semiconductor supply shortage has continued to affect the economy in practice, and semiconductor shortage risks related to the production and sales environment of automakers continue to emerge. - FY2022-Q2WorsenedAnnual report
「Under these circumstances, we worked to achieve the targets of the medium-term management plan while closely monitoring changes in the operating environment, including the impact on production of the global semiconductor supply shortage and delays in procuring automotive parts from Southeast Asia.」
In addition to the global semiconductor supply shortage, the impact on production of delays in procuring automotive parts from Southeast Asia was explicitly identified, broadening the scope of supply constraints. - FY2022-Q1MaterialisedAnnual report
「Consolidated results for the cumulative first quarter were affected by production constraints caused by a shortage of semiconductors supplied by major customers. However, production volume increased from the previous year, when the impact of production cuts due to COVID-19 was substantial, causing revenue to increase by ¥2,772 million, or 10.2%, year on year to ¥29,891 million.」
The semiconductor supply shortage actually affected production at major business partners, bringing the semiconductor shortage risk to the fore. Although sales increased as the pandemic's impact receded, production constraints caused by the shortage remain. - FY2021First statedAnnual report
「Japanese manufacturers and overseas manufacturers in the United States and Europe have also been forced to adjust production due to the semiconductor shortage, raising concerns about lower production volumes and leaving the outlook uncertain.」
The situation in which automakers across multiple regions were forced to adjust production due to the semiconductor shortage was disclosed as a new specific risk.