Constraints on Economic Recovery Due to Semiconductor and Component Supply Shortages
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2023.
1 other company's latest entry also says "Restated".
- FY2023RestatedAnnual report
「In China, meanwhile, the prolonged zero-COVID policy reduced domestic consumer willingness to spend and caused production activity to stagnate, resulting in real GDP growth slowing sharply to 3.0% in 2022 from the previous year.」
It continues to describe the decline in consumer willingness to spend, stagnation in production activity and constraints on the economic recovery resulting from China's prolonged zero-COVID policy. - FY2023-Q2RestatedAnnual report
「Exports are expected to grow only moderately as lockdowns continue in some Chinese cities.」
It continues to describe slower export growth resulting from continued lockdowns in China as a risk related to supply constraints and constraints on the economic recovery. - FY2023-Q1WorsenedAnnual report
「There are still downside risks to the economy, including disruption to logistics through the supply chain caused by China's zero-COVID policy, leading to production constraints and worsening shortages.」
Regarding supply constraints, it additionally describes logistics disruption originating from China's zero-COVID policy, production constraints and worsening shortages as downside risks to the economy. - FY2022MaterialisedAnnual report
「Supply constraints, including the semiconductor shortage that emerged from autumn 2020 and component shortages associated with the spread of infections in Southeast Asia in summer 2021, weighed on exports and personal consumption, leaving the economic recovery gradual through September 2021.」
It states that semiconductor and component supply shortages became a reality, constraining exports, private consumption and the economic recovery.