COVID-19-related production stoppage of VR goggles and inability to fulfill orders
First written in FY2021-Q1. 1 of 3 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2021-Q3.
The whole theme swung hardest in 2020: 103 of 175 companies on the "Worse" side.
- FY2021-Q3MitigatedAnnual report
「The spread of COVID-19 and other factors, including the shutdown of the supply chain in China, created a situation in which client orders could not be fulfilled, but the production lines have gradually begun to recover.」
Although supply constraints on VR equipment resulting from the shutdown of the supply chain in China remain, the Company states that its production lines are gradually recovering. - FY2021-Q2WorsenedAnnual report
「With the spread of COVID-19, demand for the Company’s VR remote simultaneous lecture system and low-latency real-time communications system has increased, while the stoppage of production lines in China and other factors have created a situation in which client orders cannot be fulfilled.」
Although demand for these systems has increased, the stoppage of production lines in China has continued to prevent the Company from fulfilling orders, making concerns over supply constraints and lost opportunities more apparent. - FY2021-Q1MaterialisedAnnual report
「However, the spread of COVID-19 has created a situation in which the Company is unable to meet client orders, partly because the production lines of China-based IDEALENS stopped operating.」
The stoppage of China-based IDEALENS’s production lines disrupted the supply of VR headsets, actually resulting in a situation in which client orders could not be fulfilled.