Obsolescence, supply delays and defects in the hardware we handle
First written in FY2019. 3 of 7 entries say "Restated". Latest entry: FY2023-Q2.
No other company in this theme has enough history to compare yet.
- FY2023-Q2MitigatedAnnual report
「In the former Systems Sales Business, the impact of the global semiconductor shortage that had continued since the previous year began to ease, resulting in higher sales from core equipment sales,」
The supply risk that had previously materialized as delays in procuring equipment due to the semiconductor shortage began to ease, and core equipment sales increased. - FY2022MaterialisedAnnual report
「As procurement of hardware equipment was delayed beyond the originally expected timing due in part to the global semiconductor shortage, sales of the core equipment business for universities declined, resulting in net sales of ¥1,384 million, down 5.5% year on year, and operating profit of ¥106 million, down 11.6%.」
The hardware supply delay risk was reflected in full-year results, leading to lower sales from equipment sales to universities and lower profit in the systems sales business. - FY2022-Q3RestatedAnnual report
「In this business, procurement of hardware equipment was delayed beyond the initially expected timing due in part to the global semiconductor shortage. As a result, lower revenue from the core business of selling equipment to universities resulted in net sales of ¥825 million (down 19.9% year on year) and operating income of ¥40 million (down 63.6%).」
The risk of hardware supply delays continues to be reflected in actual performance as extended procurement lead times due to the global semiconductor shortage. The impact of lower sales and profit from equipment sales to universities continued. - FY2022-Q2MaterialisedAnnual report
「In this business, procurement of hardware equipment was delayed beyond the initially expected timing due in part to the global semiconductor shortage. As a result, lower revenue from the core business of selling equipment to universities resulted in net sales of ¥593 million (down 15.0% year on year) and operating income of ¥2 million (down 97.1%).」
The previously disclosed risk of hardware supply delays actually materialized as extended procurement lead times due to the global semiconductor shortage, resulting in lower sales and profit from equipment sales to universities. - FY2021RestatedAnnual report
「Our group procures the hardware it handles from manufacturers and distributors, but some products have high minimum order quantities, exposing us to the risk of inventory obsolescence.」
The risks of hardware inventory obsolescence, supply delays, and compensation and repairs associated with defects continue to be disclosed. - FY2020RestatedAnnual report
「Our group procures the hardware it handles from manufacturers and distributors, but some products have high minimum order quantities, exposing us to the risk of inventory obsolescence.」
The risks of hardware inventory obsolescence, supply delays, and compensation and repairs associated with defects continue to be disclosed. - FY2019First statedAnnual report
「Our group procures the hardware it handles from manufacturers and distributors, but some products have high minimum order quantities, exposing us to the risk of inventory obsolescence.」
The company newly disclosed as risks inventory obsolescence resulting from minimum hardware order quantities, lost opportunities due to order delays, and compensation and repairs in the event of defects.