Reliance on sales to the electronic components industry
First written in FY2016. 10 of 35 entries say "Restated". Latest entry: 2026-09-18.
Nikkato moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2018: 7 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026The proportion of sales to the electronic components industry has changed between businessesAnnual report
「In the fiscal year ended March 2026, the ratios were high at 55.4% for the Ceramics segment and 21.0% for the Engineering segment.」
The proportion of sales to the electronic components market rose from 54.2% to 55.4% for Ceramics and declined from 23.1% to 21.0% for Engineering. Electronic components nevertheless remained the main market for both segments. - FY2026-H1MitigatedAnnual report
「As market conditions in the electronic components industry, the Company's main customer market, showed signs of recovery, revenue rose 7.0% year on year to ¥3,899.113 million.」
Market conditions in the electronic components industry showed signs of recovery, and revenue from the core Ceramics segment also increased 7.0% year on year. The Company's dependence on the electronic components industry remains unchanged. - FY2025MaterialisedAnnual report
「Although market conditions in the electronic components industry, the Company's main customer market, showed signs of improvement in the second half, the improvement was insufficient to offset the weakness in the first half. As a result, revenue declined 1.7% year on year to ¥7,405.514 million.」
Weak market conditions in the electronic components industry affected first-half sales, causing annual Ceramics revenue to decline 1.7% year on year. The Company also reported signs of improvement in the second half. - FY2025-H1MaterialisedAnnual report
「By segment, revenue from Ceramics declined 2.5% year on year to ¥3,643.258 million, as weak market conditions in the electronic components industry, the Company's main customer market, continued.」
Weak market conditions in the electronic components industry, the Company's main customer market, continued, causing Ceramics revenue to decline 2.5% year on year. The risk of dependence on the electronic components industry was reflected in results for the interim accounting period. - FY2024MaterialisedAnnual report
「Revenue from the Ceramics segment declined 8.0% year on year to ¥7,529.800 million, as market conditions in the electronic components industry, the Company's main customer market, remained weak.」
Weak market conditions in the electronic components industry materially affected results, resulting in a decline in Ceramics revenue. Electronic components accounted for 54.2% of Ceramics sales and 23.1% of Engineering sales. - FY2024-Q3WorsenedAnnual report
「Orders in the electronic components industry, the Company's main customer market, were generally sluggish. We believe this impact will continue through the first half of the next fiscal year.」
Orders in the electronic components industry, the Company's main customer market, were generally sluggish, and the Company indicated that the impact would continue through the first half of the following fiscal year. The risk of dependence on the electronic components industry has become even more concrete. - FY2024-Q2WorsenedAnnual report
「The electronic components industry, the Company's main customer market, has also been struggling due to sluggish smartphone growth and other factors, and we believe this impact will continue for some time.」
The electronic components industry, the Company's main customer market, continued to struggle due to sluggish smartphone growth and other factors, and the Company stated that the impact would continue for the time being. Revenue from the Ceramics segment also declined 8.9% year on year. - FY2024-Q1MaterialisedAnnual report
「During the first quarter, Japan's economy remained in a situation requiring close monitoring. The transition of COVID-19 to Category V led to the removal of restrictions on activities, further improvements in consumer sentiment and normalization of economic activity, while there were also positive signs such as rising wages and improving employment conditions. However, uncertainty remained due to the strained relationship between the United States and China, the prolonged Russian invasion of Ukraine, and a decline in demand, including inventory adjustments in the Company's main electronic components market.」
Actual demand declined in the main electronic components market due to inventory adjustments and other factors, resulting in an 8.2% year-on-year decline in Ceramics revenue and a 2.7% decline in Engineering revenue. The risk of dependence on the electronic components industry is reflected in results. - FY2023SoftenedAnnual report
「In the fiscal year ended March 2023, the ratios were high at 51.0% for the Ceramics segment and 28.5% for the Engineering segment.」
The proportion of sales to the electronic components market changed from 57.1% for Ceramics and 24.1% for Engineering in the previous fiscal year to 51.0% and 28.5%, respectively. Although the ratio declined for Ceramics, electronic components remained the main market for both segments. - FY2023-Q1RestatedAnnual report
「The electronic components industry, the Company's main customer market, remained firm, partly due to the weaker yen, and the order environment also remained stable.」
The Company reconfirmed its business structure, which relies on the electronic components industry as its main customer market, and stated that the industry remained firm and the order environment stable during the quarter. - FY2022-Q2RestatedAnnual report
「Revenue from the Company's Ceramics segment rose 16.2% year on year to ¥3,754.879 million. By market, electronic components accounted for 53.6%, chemicals and ceramics for 15.7%, and environmental and energy-related markets for 3.9%. The Engineering segment also reported an 18.4% year-on-year increase in revenue to ¥1,072.776 million. Its market composition was 29.8% electronic components, 23.3% automobiles and heavy machinery, and 13.8% environmental and energy-related markets.」
Electronic components remain the largest market for both segments. Electronic components accounted for 53.6% of Ceramics revenue and 29.8% of Engineering revenue, reconfirming the dependence on this market. - FY2022-Q1RestatedAnnual report
「Amid these conditions, market conditions in the electronic components industry, the Company's main customer market, were favorable, and its supply-demand environment was also improving. Revenue from the core Ceramics segment rose 15.7% year on year to ¥1,854.978 million.」
The business structure, with the electronic components industry as its main customer market, is being reconfirmed. Market conditions in the industry were favorable during the quarter and the supply-demand environment was improving, resulting in a 15.7% increase in revenue from the Ceramics segment. - FY2021WorsenedAnnual report
「In the fiscal year ended March 2021, the proportion was high at 57.1% in the ceramics business and 24.1% in the engineering business. Accordingly, a deterioration in business conditions in the electronic components industry could affect our results.」
Sales to the electronic components market accounted for 57.1% of the Ceramics segment and 24.1% of the Engineering segment, up from 55.2% and 23.5%, respectively, in the previous fiscal year. - FY2021-Q3MaterialisedAnnual report
「Against this backdrop, although market conditions in the core electronic components industry were showing signs of recovery, conditions in the automotive-related industry remained sluggish. The business environment remained difficult, including lower willingness to invest in capital equipment amid uncertainty over the outlook due to the spread of COVID-19, and revenue in the core ceramics business fell 10.4% year on year to ¥4,892.650 million.」
While market conditions in the electronic components industry were showing signs of recovery, the sluggish automotive-related industry and lower willingness to invest in capital equipment resulted in a 10.4% year-on-year decline in the core ceramics business, with the risk of dependence on demand sources reflected in actual results. - FY2021-Q2WorsenedAnnual report
「Against this backdrop, although our core ceramics business has been gradually recovering its business activities since the lifting of the state of emergency, while implementing measures to prevent infection, revenue fell 16.9% year on year to ¥3,231.258 million due to the impact of closures in April and May and continuing restrictions on sales activities after the lifting of the declaration because of the impact of COVID-19. By market, sales consisted of 60.7% to the electronic components industry, 10.0% to the chemicals and ceramics industries, and 4.2% to the environment and energy sector. The engineering business was likewise subject to restrictions on sales activities, and revenue fell 19.6% year on year to ¥905.988 million, also affected by sluggish capital investment by customers. Its market mix consisted of 29.3% to the electronic components industry, 21.1% to the automotive and heavy machinery industries, and 20.3% to the environment and energy sector.」
Sales to the electronic components industry accounted for 60.7% of the ceramics business and 29.3% of the engineering business, exceeding the previous year's annual proportions. As both businesses recorded lower revenue amid the continuing impact on major customers, including those in the electronic components industry, the risk of dependence on that industry has again become apparent. - FY2020MaterialisedAnnual report
「Against this backdrop, total Company revenue fell 12.7% year on year to ¥9,329.618 million, reflecting difficult conditions.」
Restrictions on business activity arising from US-China trade tensions and the spread of COVID-19 reduced order intake and sales, including in the electronic components-related sector, our main market. Total Company revenue fell 12.7% year on year. Sales to the electronic components industry accounted for 55.2% of the ceramics business and 23.5% of the engineering business. - FY2020-Q3MaterialisedAnnual report
「Against this backdrop, production adjustments at major customers, particularly in the electronic components industry, resulted in sluggish performance, especially in the third quarter, and revenue of ¥5,460.699 million, down 9.1% year on year, for the core ceramics business.」
Production adjustments at major customers, particularly in the electronic components industry, actually resulted in weak third-quarter performance and a 9.1% year-on-year decline in ceramics business revenue. - FY2020-Q2MaterialisedAnnual report
「Against this backdrop, our core ceramics business recorded revenue of ¥3,888.071 million, down 2.0% year on year, due to production adjustments at major customers, including those in the electronic components industry. By market, sales consisted of 55.31% to the electronic components industry, 10.7% to the chemicals and ceramics industries, and 8.4% to the machinery and bearings industries.」
Production adjustments in the electronic components industry, a major customer sector, actually became a factor behind the decline in ceramics business revenue. Sales to the electronic components industry accounted for 55.31%, down from 56.0% in the previous fiscal year, but remained the largest market. - FY2019SoftenedAnnual report
「In the fiscal year ended March 2019, the proportion was high at 56.0% in the ceramics business and 30.5% in the engineering business.」
The proportion of sales to the electronic components industry in the ceramics business fell from 56.5% in the previous fiscal year to 56.0%, while the engineering business was unchanged at 30.5%. Dependence on the electronic components industry remained high. - FY2019-Q3RestatedAnnual report
「Against this backdrop, supported by strong demand from the electronic components industry, our core ceramics business posted solid order intake and sales, resulting in revenue of ¥6,005.208 million, up 10.1% year on year.」
The business structure with the electronic components industry as the main source of demand is reaffirmed, and order intake and sales are described as solid, supported by strong demand in that industry. - FY2019-Q2SoftenedAnnual report
「By market, sales in the ceramics business consisted of 54.1% to the electronic components industry, 14.3% to the chemicals and ceramics industries, and 9.9% to the machinery and bearings industries. In the engineering business, efforts to secure orders and sales resulted in revenue of ¥1,208.507 million, up 26.3% year on year. Its market mix consisted of 29.8% to the electronic components industry, 21.8% to the environment and energy sector, and 15.1% to the semiconductor industry.」
Sales to the electronic components industry accounted for 54.1% of the ceramics business and 29.8% of the engineering business, down from the previous year's reported figures of 56.5% and 30.5%, respectively. However, electronic components remained the largest market in both businesses. - FY2019-Q1RestatedAnnual report
「Against this backdrop, supported by strong conditions in the electronic components industry, our core ceramics business posted steady order intake and sales, resulting in revenue of ¥1,941.743 million, up 10.2% year on year.」
The business structure with the electronic components industry as the main source of demand is reaffirmed, and order intake and sales during the quarter are described as solid, supported by strong conditions in that industry. - FY2018SoftenedAnnual report
「In the fiscal year ended March 2018, the proportion was high at 56.5% in the ceramics business and 30.5% in the engineering business.」
Sales to the electronic components industry accounted for 56.5% of the ceramics business and 30.5% of the engineering business. Although these proportions declined from those previously reported, they remained high, accounting for more than half of the ceramics business. - FY2018-Q3RestatedAnnual report
「Against this backdrop, supported by strong conditions in the electronic components industry, particularly for zirconia balls, the ceramics business posted steady order intake and sales, resulting in revenue of ¥5,455.885 million, up 14.1% year on year.」
The business structure in which the ceramics business is supported by the electronic components industry is reaffirmed, and order intake and sales during the quarter are described as progressing steadily. - FY2018-Q2RestatedAnnual report
「By market, sales consisted of 56.9% to the electronic components industry, 15.4% to the chemicals and ceramics industries, and 9.1% to the machinery and bearings industries. Sales to sectors other than electronic components also increased.」
The structure of the ceramics business, with the electronic components market as its main market, is reaffirmed, while sales to other markets also increased. - FY2018-Q1RestatedAnnual report
「Against this backdrop, our core ceramics business continued to post stable order intake and sales, centered on the electronic components industry, its principal customer sector.」
The business structure centered on the electronic components industry as the main customer sector is reaffirmed, and order intake and sales during the quarter are described as stable. - FY2017-Q3RestatedAnnual report
「Our core ceramics business had relatively stable sales, despite difficult conditions, centered on the electronic components industry, its principal customer sector.」
The business structure centered on the electronic components industry as the main customer sector is reaffirmed, and sales are described as relatively stable despite difficult conditions. - FY2017-Q1RestatedAnnual report
「Our core ceramics business had relatively stable order intake and sales, centered on the electronic components industry, its principal customer sector.」
The business structure centered on the electronic components industry as the main customer sector is reaffirmed, and order intake and sales during the quarter are described as relatively stable. - FY2016First statedAnnual report
「The proportion of sales to electronic components related to the IT (information technology) sector has been trending upward with the recent development of IT. In the fiscal year ended March 2016, it reached 57.5% in the ceramics business and 38.2% in the engineering business. Accordingly, a deterioration in business conditions in the electronic components industry could affect our results.」
Sales to the electronic components industry are quantified at 57.5% for ceramics and 38.2% for engineering, indicating the potential impact of a deterioration in industry conditions.