Impact of Semiconductor Shortages on Automotive Production
First written in FY2020. 6 of 16 entries say "Restated". Latest entry: FY2026-H1.
Nichirin 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.
55 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「Automotive production and sales continued to recover in Japan as supply constraints eased, while sales of Japanese automakers remained sluggish in China due to the rise of local manufacturers.」
The company states that automotive production and sales in Japan are recovering as supply constraints ease, indicating that the impact of previous supply constraints on domestic production has diminished. - FY2025WorsenedAnnual report
「North America: The new truck business following the consolidation of North American subsidiary NICHIRIN ATCO TEXAS, INC. as a consolidated subsidiary at the end of June contributed to revenue. However, revenue was ¥14,633 million (¥14,445 million in the previous fiscal year) due to sluggish sales by some customers and the impact of production stoppages associated with the semiconductor shortage. Operating profit was ¥265 million (¥1,104 million in the previous fiscal year), partly due to the impact of tariffs.」
Although ATCO's new truck business contributed to revenue, production stoppages occurred due to the semiconductor shortage, and North American operating profit declined from ¥1,104 million to ¥265 million. - FY2024MitigatedAnnual report
「Automotive production and sales improved as production normalised following the resolution of the semiconductor shortage, while exports increased due to the weaker yen, resulting in strong corporate performance.」
The company explicitly states that the semiconductor shortage has been resolved and production has normalised, indicating that semiconductor supply-and-demand risk, which had constrained automotive production through the previous year, has eased. - FY2024-Q1MitigatedAnnual report
「Automotive production and sales improved as production normalised following the resolution of the semiconductor shortage, while exports increased due to the weaker yen, resulting in strong corporate performance.」
The company explicitly states that the semiconductor shortage has been resolved and production has normalised, indicating that semiconductor supply-and-demand risk, which had constrained automotive production through the previous year, has eased. - FY2023MitigatedAnnual report
「Although shortages of semiconductors and other components occurred at the beginning of the year in the automotive industry, the main business area of our group, supply-chain disruptions have now been resolved, and both production and sales are recovering.」
The company mentions shortages at the beginning of the year, but explains that supply-chain disruptions have been resolved and production and sales are recovering. - FY2023-Q3RestatedAnnual report
「Automotive production and sales in North America and Japan are recovering as supplies of semiconductors and other components improve. However, sluggish gasoline-powered vehicle sales amid accelerating EV demand in the Chinese and European markets remain a concern for the Japanese automotive industry.」
While automotive production and sales in North America and Japan are recovering as supplies of semiconductors and other components improve, the company continues to cite supply constraints for these components, along with accelerating EV demand and sluggish gasoline-powered vehicle sales, as concerns for the automotive industry. - FY2023-Q2MitigatedAnnual report
「Automotive production and sales in North America and Japan are recovering compared with last year. However, stable supplies of semiconductors and other components and sluggish sales of gasoline-powered vehicles amid accelerating demand for EVs in the Chinese and European markets remain concerns for the Japanese automotive industry.」
The company states that supplies of semiconductors and other components are stable, explaining that production constraints caused by supply shortages through the previous year have eased somewhat. However, sluggish gasoline-powered vehicle sales resulting from the shift to EVs remain a concern. - FY2023-Q1RestatedAnnual report
「Automotive production and sales in North America and Japan are recovering compared with last year. However, intermittent shortages of semiconductors and other components, as well as sluggish sales of gasoline-powered vehicles due to the rapid shift to EVs in the Chinese and European markets, remain concerns for the Japanese automotive industry.」
While automotive production and sales for North America and Japan are recovering, intermittent shortages of semiconductors and other components continue and remain a concern for the automakers' markets. - FY2022RestatedAnnual report
「In addition to shortages of semiconductors and other components and disruptions to logistics networks that have continued since last year, production adjustments continued due to higher resource prices resulting from the invasion of Ukraine and supply-chain disruptions caused by lockdowns in China.」
As shortages of semiconductors and other components and logistics disruptions continued, higher resource prices and supply-chain disruptions caused by lockdowns in China also emerged, and production adjustments continued. - FY2022-Q2WorsenedAnnual report
「In addition to shortages of semiconductors and other components and disruptions to logistics networks that have continued since last year, production adjustments were implemented due to higher resource prices resulting from the invasion of Ukraine and supply-chain disruptions caused by lockdowns in China.」
As shortages of semiconductors and other components and logistics disruptions continued, higher resource prices and supply-chain disruptions caused by lockdowns in China also emerged, resulting in production adjustments. - FY2022-Q1RestatedAnnual report
「While manufacturers that cut production last year due to shortages of semiconductors and other components carried out catch-up production, some manufacturers implemented production adjustments because of continued disruptions to component supplies and logistics networks, as well as aftershocks from the Great East Japan Earthquake and cyberattacks. The outlook for component supplies following lockdowns in China is also a concern for future production activities.」
Shortages of semiconductors and other components and production adjustments by automakers continue, while the outlook for component supplies following lockdowns in China remains a concern. - FY2021RestatedAnnual report
「The market downturn caused by COVID-19 subsided sooner than expected. At the same time, the global semiconductor shortage caused by demand for remote work has continued, and since the summer, major automakers have expanded production cuts. Efforts are being made in cooperation with the relevant countries to address the issue, but the timing of a resolution to the semiconductor shortage remains uncertain.」
The company continues to cite the semiconductor shortage, expanding production cuts by major automakers and uncertainty over the timing of a resolution. - FY2021-Q3WorsenedAnnual report
「The market downturn caused by COVID-19 subsided sooner than expected. At the same time, the global semiconductor shortage caused by demand for remote work has continued, and since the summer, major automakers have expanded production cuts. Efforts are being made in cooperation with the relevant countries to address the issue, but the outlook for a resolution to the semiconductor shortage remains uncertain.」
The company states that, as the semiconductor shortage continues, production cuts by major automakers have expanded since the summer and the timing of a resolution remains uncertain. - FY2021-Q2RestatedAnnual report
「The market downturn caused by COVID-19 subsided sooner than expected. At the same time, the global semiconductor shortage caused by demand for remote work has continued, forcing automakers to reduce production volumes. Efforts are being made to rebuild supply chains for semiconductors and other critical components in cooperation with the relevant countries, but the timing of a resolution to the semiconductor shortage remains uncertain.」
The company continues to cite the ongoing global semiconductor shortage and production cuts by automakers. Supply-chain rebuilding efforts are under way, but the timing of a resolution remains uncertain. - FY2021-Q1MaterialisedAnnual report
「The market downturn caused by COVID-19 subsided sooner than expected. At the same time, a sharp increase in demand for remote work caused a global semiconductor shortage, while power outages caused by an unusually severe cold wave in the southern United States and fires at domestic suppliers further exacerbated the shortage, forcing Japanese and US automakers to cut or suspend production.」
The semiconductor shortage identified as a concern in the previous fiscal year worsened due to the cold wave and fires at suppliers, and has materialised in the form of production cuts and suspensions by Japanese and US automakers. - FY2020First statedAnnual report
「However, the company is concerned about an impact on production due to the effects of COVID-19 and the globally tight supply and demand balance for semiconductors.」
In addition to COVID-19, the company identifies globally tight semiconductor supply as a new potential risk to automotive production.