Risks Related to Rare Metals, Export Restrictions and Supply Chain Disruptions
First written in FY2021. 9 of 15 entries say "Worsened", first in FY2022-Q2. Latest entry: 2026-11-13.
Mipox moved to the "Worse" side of this theme in 2022, 3 years before the typical company in this theme (2025).
The whole theme swung hardest in 2022: 6 of 8 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, Japan's economy was on a moderate recovery trend, partly due to improvements in the employment and income environment, but the outlook remained uncertain due to factors including the impact of U.S. trade policy and persistently high raw material and energy prices.」
The company continues to identify factors creating uncertainty in the supply and procurement environment, including persistently high raw-material and energy prices. It states that there have been no material changes in its business and other risks. - FY2024WorsenedAnnual report
「Sanctions imposed among countries as tensions over the situation in Ukraine intensify may cause energy prices, including those of crude oil, natural gas and electricity, to surge and supplies to tighten, potentially disrupting the manufacture of semiconductor components requiring rare gases (noble gases) and rare metals. Shortages of materials for electronic equipment may affect the electronics industry's supply chain, resulting in fluctuations in sales volumes for the company's polishing films and substantial changes in its market areas.」
The company continues to identify the risk of fluctuations in its supply chain and sales regions due to soaring energy prices, shortages of rare gases and rare metals, and shortages of electronic-equipment materials. - FY2024-Q3WorsenedAnnual report
「Meanwhile, the economic outlook remains uncertain due to downside risks to overseas economies resulting from monetary tightening in various countries, as well as the risk of price fluctuations caused by geopolitical factors relating to Ukraine, the Middle East and elsewhere.」
The company has expanded the regions covered by geopolitical factors to include the Middle East and continues to identify the risk of an overseas economic downturn resulting from monetary tightening and price fluctuations. - FY2024-Q2WorsenedAnnual report
「During the cumulative second-quarter period of the current consolidated fiscal year, geopolitical tensions continued and global economic instability increased. Inflation also continued, particularly in Europe and the United States, resulting in weaker demand, mainly for electronics products.」
Continued geopolitical tensions and inflation have intensified uncertainty in the supply and procurement environment and related markets through weaker demand for electronics products. - FY2024-Q1RestatedAnnual report
「Meanwhile, economic conditions remain uncertain, owing to the risk of an overseas economic downturn resulting from monetary tightening in various countries, higher prices driven by raw-material costs and a weaker yen, and other factors.」
The company continues to identify raw-material prices, a weaker yen and an overseas economic downturn resulting from monetary tightening as factors creating uncertainty in the supply and procurement environment and the supply chain. - FY2023WorsenedAnnual report
「Sanctions imposed among countries as tensions over the situation in Ukraine intensify may cause energy prices, including those of crude oil, natural gas and electricity, to surge and supplies to tighten, potentially disrupting the manufacture of semiconductor components requiring rare gases (noble gases) and rare metals. Shortages of materials for electronic equipment may affect the electronics industry's supply chain, resulting in fluctuations in sales volumes for the company's polishing films and substantial changes in its market areas.」
The company continues to identify the risk of fluctuations in its supply chain and sales regions due to the situation in Ukraine, soaring energy prices, shortages of rare gases and rare metals, and shortages of electronic-equipment materials. - FY2023-Q3WorsenedAnnual report
「During the first nine months of the current fiscal year, Japan's economy recovered moderately as restrictions on activity related to COVID-19 were eased. However, the outlook remained uncertain, with prices fluctuating alongside exchange-rate movements resulting from differences between monetary policies in Japan and the West, as well as higher resource prices due to the prolonged situation in Ukraine.」
The company continues to identify the protracted situation in Ukraine, rising resource prices, foreign-exchange fluctuations and price fluctuations as factors creating uncertainty in the supply chain and procurement environment. - FY2023-Q2WorsenedAnnual report
「During the first six months of the current fiscal year, Japan's economy showed signs of recovery as restrictions on activity related to COVID-19 were eased. However, the outlook remained uncertain, with prices rising due to higher resource prices resulting from the situation in Ukraine and yen depreciation against a backdrop of differences between the monetary policies of the Western countries and Japan.」
The company continues to identify and specify rising resource prices related to the situation in Ukraine, a weaker yen and rising prices as factors creating uncertainty in the supply and procurement environment. - FY2023-Q1WorsenedAnnual report
「In addition, resource shortages and the effects of a weaker yen related to the situation in Russia and Ukraine, together with other factors pushing up prices, have continued to create an uncertain outlook.」
The company continues to identify and specify resource shortages arising from the situation in Russia and Ukraine, a weaker yen and rising prices as concerns regarding the supply chain and supply environment. - FY2022WorsenedAnnual report
「Shortages of materials for electronic equipment may affect the electronics industry's supply chain, resulting in fluctuations in sales volumes for the company's polishing films and substantial changes in its market areas.」
The company has specified the risk that shortages of rare gases and rare metals, soaring energy prices and shortages of electronic-equipment materials could significantly affect its supply chain and sales regions. - FY2022-Q2WorsenedAnnual report
「Meanwhile, reduced automobile production caused by the semiconductor shortage has had a broad impact on related industries, while shortages of materials such as timber and metals and downside risks from soaring crude oil prices have left the future economic outlook uncertain.」
For risks related to supply constraints and the supply chain, the company cites semiconductor shortages, shortages of materials such as timber and metals, and rising crude oil prices as specific concerns. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no new business or other risks, nor any significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in its business and other risks from the previous fiscal year, including risks related to rare metals, export restrictions and supply chain disruptions. - FY2021First statedAnnual report
「The company may be directly affected by the supply and price trends of rare metals and rare earths essential to electronics manufacturing, international conflicts and export restrictions. In addition, both its product and contract businesses may be directly affected by procurement risks on the end-user side, including supply chain disruptions.」
The company has identified the supply and prices of rare metals and rare earths, international conflicts, export restrictions and supply chain disruptions on the end-user side as new major risks affecting both its product and contract businesses.