Sluggish demand in the PC market
First written in FY2018-Q1. 5 of 14 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2026.
C.Uyemura & moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2022: 4 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the electronics market, concerns exist that tight memory supply and demand could affect supplies to consumer applications such as PCs and smartphones. However, demand for advanced package substrates is expected to continue expanding, particularly in AI-related fields.」
For PCs and smartphones, the risk factor has become more specific, changing from weak demand to concerns about supply constraints resulting from tight memory supply and demand. - FY2025-H1MitigatedAnnual report
「The decline in demand caused by inventory adjustments for semiconductors and electronic components used in personal computers and data centers bottomed out and began a gradual recovery.」
The assessment of demand related to PCs and data centers has changed from declining demand to expectations that inventory adjustments have bottomed out and demand will recover gradually. - FY2024-Q2RestatedAnnual report
「In the electronics market, which is the Group's main market, the automotive sector remained firm, supported by a recovery in vehicle production and the spread of electric vehicles (EVs). However, the overall market environment was challenging due to the decline in PC and smartphone demand and the impact of slower growth in the data centre market.」
Regarding PC demand, the assessment continues to indicate declining demand and a challenging market environment, rather than the demand growth previously supported by teleworking and other factors. - FY2024-Q1WorsenedAnnual report
「In the electronics market, which is the Group's main market, the automotive sector remained firm, supported by a recovery in vehicle production and the spread of electric vehicles (EVs). However, the overall market environment was challenging due to the decline in PC and smartphone demand and the impact of slower growth in the data centre market.」
The description has changed from expanding demand for PCs and data centers supported by teleworking and other factors to declining PC demand and slower growth in the data-center market. - FY2023-Q3WorsenedAnnual report
「In the electronics market, which is the Group's main market, the automotive sector remained firm, supported by a recovery in vehicle production and the spread of electric vehicles (EVs). However, demand for semiconductors and electronic components for smartphones, PCs and data centres slowed.」
The description of PC demand has changed from past expansion supported by teleworking and other factors to a slowdown in demand for semiconductors and electronic components. - FY2022RestatedAnnual report
「This was attributable to strong sales of plating chemicals for package substrates, particularly for data centers, as demand increased in connection with 5G and teleworking spread.」
The assessment that demand related to PCs and data centers continues to expand, supported by teleworking and 5G, remains unchanged. - FY2022-Q1RestatedAnnual report
「The company's core plating chemicals for printed circuit boards and package substrates exceeded the same quarter of the previous year in both net sales and segment profit, driven by increased demand related to 5G and expanding demand for PCs and data centers against a backdrop of the rapid spread of teleworking and online learning.」
The disclosure states that demand for PCs and data centers, supported by the spread of teleworking and online learning, continues to expand despite weak demand in the PC market. - FY2021MitigatedAnnual report
「The company's core plating chemicals for printed circuit boards and package substrates exceeded the previous fiscal year's net sales and segment profit, driven by increased demand related to 5G and expanding demand for PCs and data centers against a backdrop of the rapid spread of teleworking and online learning.」
Against the risk of weak demand in the PC market, expanding demand for PCs and data centers, supported by teleworking and online learning, boosted full-year results. - FY2021-Q3RestatedAnnual report
「The Group's main plating chemicals for printed circuit boards and package substrates exceeded the same quarter of the previous year in both net sales and segment profit, due to increased demand for 5G-compatible smartphones and expanding demand from PCs and data centres against the backdrop of the rapid spread of teleworking and online learning.」
The disclosure states that demand for PCs and data centers, supported by the spread of teleworking and online learning, continues to expand despite weak demand in the PC market. - FY2021-Q2MitigatedAnnual report
「The company's core plating chemicals for printed circuit boards and package substrates performed poorly for automotive electronics because automobile sales declined. For PCs and data centers, however, demand for semiconductors and electronic components remained solid as teleworking and online learning spread rapidly, resulting in both net sales and segment profit exceeding the same quarter of the previous year. As a result, net sales for the first six months of the current fiscal year were ¥19,744 million, up 8.4% year on year, and segment profit was ¥3,531 million, up 18.7%.」
Demand for PCs and data centers remained solid due to the spread of teleworking and online learning, with net sales in the materials business up 8.4% and segment profit up 18.7%. - FY2021-Q1MitigatedAnnual report
「The company's core plating chemicals for printed circuit boards and package substrates performed poorly for automotive electronics because automobile sales declined. For PCs and data centers, however, demand for semiconductors and electronic components remained solid as teleworking and online learning spread rapidly, resulting in both net sales and segment profit exceeding the same quarter of the previous year.」
In contrast to the previously reported weak demand in the PC market, demand for semiconductors and electronic components for PCs and data centers is described as solid due to the spread of teleworking and online learning. - FY2020-Q1WorsenedAnnual report
「The slowdown in the PC and smartphone markets due to inventory adjustments became more pronounced.」
The assessment has changed from signs of a recovery in the PC market through the previous period to a more pronounced slowdown in the PC and smartphone markets due to inventory adjustments. - FY2018-Q2MitigatedAnnual report
「The smartphone and tablet markets grew moderately, and signs of a recovery also emerged in the PC market.」
The assessment of the PC market has changed from continued weak demand through the previous quarter to signs of a recovery. - FY2018-Q1First statedAnnual report
「In the electronics market, the group’s primary market, the smartphone and tablet markets grew moderately, while weak demand in the PC market continued.」
The continued weakness in demand in the PC market has been identified as a new market-environment risk.