Decline in Sales and Profit Due to the Semiconductor Market Slowdown

「Although the global semiconductor market was affected by shortages of general-purpose memory and soaring prices in PC, smartphone and automotive applications, strong demand for advanced semiconductor devices for AI applications drove the market, which remained firm overall.」

「In the global semiconductor market, demand for advanced semiconductor devices for AI applications continued to drive the market, while demand for PCs, smartphones and automotive applications showed signs of bottoming out. However, continued attention is required regarding the possibility of downside from shortages of general-purpose memory and soaring prices.」

「In the global semiconductor market, demand for advanced semiconductor devices for AI applications continued to drive the market, while demand for PCs, smartphones and automotive applications showed signs of bottoming out. However, continued attention is required regarding the possibility of downside from shortages of general-purpose memory and soaring prices.」

「With demand for advanced semiconductor devices for AI applications driving the global semiconductor market, demand for PCs, smartphones, automotive applications and other areas is beginning to show signs of bottoming, although a full-scale recovery is expected to take some more time.」

「The global semiconductor market, driven by demand for advanced semiconductor devices for AI applications, appears to be nearing the bottom of its prolonged adjustment phase. However, demand for PCs, smartphones and other applications remains weak, and the market as a whole remains uneven. A full-scale recovery is expected to take some more time.」

「While demand for semiconductor devices for AI applications increased, production and inventory adjustments for semiconductor devices associated with the downturn in the PC and smartphone markets following the reversal of the COVID-19 demand surge also continued, resulting in divergent trends by application.」

「While demand for semiconductor devices for AI applications increased, production and inventory adjustments for semiconductor devices associated with the downturn in the PC and smartphone markets that had continued since the autumn of the year before last also continued, resulting in divergent trends by application. Utilization adjustments continued for silicon wafers.」

「Amid downturns in the PC, smartphone, and server markets, production and inventory adjustments for semiconductor devices since last autumn have lasted longer than expected, and signs of a slowdown have intensified in the silicon wafer market.」

「Amid downturns in the PC, smartphone, and server markets, production and inventory adjustments for semiconductor devices since last autumn have lasted longer than expected. Accordingly, production and inventory adjustments began not only for small-diameter silicon wafers, where adjustments had begun in the second half of the previous year, but also for large-diameter wafers.」

「In the third quarter, the global semiconductor market saw sharp production and inventory adjustments for both logic and memory devices amid downturns in the PC, smartphone, and server markets, and leading-edge semiconductors, the main application for our products, also began to be affected. Meanwhile, although production adjustments for small-diameter wafers began in the third quarter, silicon wafers generally continued to operate at high utilization.」

「In the global semiconductor market, demand for both logic and memory devices softened amid declines in the PC and smartphone markets, and inventories increased. Meanwhile, utilization remained high in leading-edge semiconductors, which are the main application for our products.」

「Meanwhile, although market conditions for logic devices remained solid, declining demand for PC and smartphone applications in the memory device market led to the beginning of price declines.」

「Meanwhile, although some disruption was seen in supply chains, including logistics, the global semiconductor market remained solid as strong demand for leading-edge semiconductor devices responding to changes in lifestyles and the resulting advancement of information and communications technology continued, along with recovering demand for conventional semiconductor devices for automotive and other applications.」

「Meanwhile, the global semiconductor market remained solid due to increased demand for leading-edge semiconductor devices responding to changes in lifestyles caused by the spread of COVID-19 and the resulting advancement of information and communications technology, as well as recovering demand for conventional semiconductor devices for automotive and other applications.」

「Meanwhile, the global semiconductor market remained solid due to increased demand for leading-edge semiconductor devices responding to changes in lifestyles caused by COVID-19 and the resulting advancement of information and communications technology, as well as recovering demand for conventional semiconductor devices for automotive and other applications.」

「Meanwhile, although the global semiconductor market was affected in the first half by stagnation in the smartphone and automotive markets, demand for data centers increased and inventory building occurred in response to the effects of COVID-19. In the third quarter, demand for data centers showed signs of leveling off, while demand, mainly from the automotive sector, showed signs of recovery.」

「Economic activity stagnated in countries worldwide due to the global spread of COVID-19, while uncertainty in the global economy increased further amid growing concerns over tensions between the United States and China arising from trade friction and issues including Hong Kong. Meanwhile, although the global semiconductor market was affected by stagnation in the smartphone and automotive markets, market conditions for both logic and memory devices remained solid due to increased demand for data centers and PCs associated with the "STAY HOME" measures to prevent the spread of COVID-19. Inventory building also continued amid concerns over the spread of COVID-19 and escalating US-China trade tensions.」

「Meanwhile, although the global semiconductor market was affected by stagnation in the smartphone and automotive markets, market conditions for both logic and memory devices remained solid due to increased demand for data centers and PCs associated with the "STAY HOME" measures to prevent the spread of COVID-19. In addition, concerns over the spread of COVID-19 and escalating US-China trade tensions led to increased inventory building.」

「Meanwhile, although market conditions for logic devices remained solid, the memory device market remained in a utilization adjustment phase due to weaker demand, and the silicon wafer market also remained soft.」

「Meanwhile, although production of leading-edge products in the logic device market was gaining momentum, the memory device market remained in a utilization adjustment phase due to weaker demand, and the silicon wafer market also remained soft.」

「Meanwhile, although production of leading-edge products in the logic device market was gaining momentum, the memory device market remained in a utilization adjustment phase due to weaker demand.」

「Meanwhile, demand for both logic and memory devices in the global semiconductor market was generally solid in the first half, but in the second half, declining memory device prices were accompanied by signs of weakening semiconductor demand, and the market entered a utilization adjustment phase.」

「Meanwhile, although growth in the global semiconductor market slowed due to declining memory device prices, semiconductor industry utilization itself remained high.」

「Meanwhile, although memory device prices declined and memory device manufacturers postponed capital investment, the global semiconductor market remained strong overall, supported by solid demand for both logic and memory devices.」

「The strong semiconductor market continued. Net sales, operating income, ordinary income, and quarterly net income attributable to owners of the parent all exceeded the prior-year level, reaching ¥9,266 million, ¥1,578 million, ¥1,724 million, and ¥1,230 million, respectively, for the cumulative first quarter, up 6.3%, 33.4%, 50.8%, and 63.7% year on year.」

「The global semiconductor market remained strong, supported by solid demand for both logic and memory devices. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥35,788 million and operating income of ¥4,872 million for the fiscal year, up 8.1% and 13.9% year on year, respectively.」

「The global semiconductor market remained strong, supported by solid demand for both logic and memory devices. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥26,931 million, operating income of ¥3,904 million, ordinary income of ¥3,831 million, and quarterly net income attributable to owners of the parent of ¥2,736 million for the cumulative third quarter, up 8.4%, 12.3%, 0.8%, and down 1.8% year on year, respectively.」

「The global semiconductor market remained strong, supported by solid demand for both logic and memory devices. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥17,417 million, operating income of ¥2,289 million, ordinary income of ¥2,250 million, and quarterly net income attributable to owners of the parent of ¥1,647 million for the cumulative second quarter, up 7.2%, 9.0%, 3.6%, and down 3.7% year on year, respectively.」

「The global semiconductor market remained strong, supported by solid demand for both logic and memory devices. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥8,720 million, operating income of ¥1,183 million, ordinary income of ¥1,143 million, and quarterly net income attributable to owners of the parent of ¥751 million for the cumulative first quarter, up 11.3%, 29.9%, 25.8%, and 7.9% year on year, respectively.」

「Meanwhile, supported by solid demand for both logic and memory devices, the global semiconductor market remained above the prior-year level from the summer onward and entered a growth phase. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥33,092 million and operating income of ¥4,278 million for the fiscal year, up 4.2% and 29.5% year on year, respectively.」

「Meanwhile, supported by solid demand for both logic and memory devices, the global semiconductor market remained above the prior-year level from the summer onward and entered a growth phase. Against this backdrop, our group worked together to expand sales and reduce costs, resulting in net sales of ¥24,847 million for the cumulative third quarter and operating income of ¥3,478 million, up 1.9% and 18.7% year on year, respectively.」

「Meanwhile, the global semiconductor market showed a gradual recovery from early spring, with global semiconductor sales exceeding the prior-year level for the first time in 14 months in August, indicating signs of recovery.」

「Although our group worked together to expand sales and reduce costs, net sales for the cumulative first quarter were ¥7,831 million, down 7.7% year on year, while operating income declined 26.6% to ¥911 million, mainly due to lower sales.」

「The global semiconductor market fell below the prior-year level from the second quarter of the fiscal year onward, owing to a slowdown in the Chinese smartphone market, which had previously driven growth.」