Production downturn caused by supply chain disruptions and component shortages
First written in FY2022-Q2. 5 of 13 entries say "Worsened", first in FY2022. Latest entry: 2026-07-28.
Daido Steel moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 11 of 34 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- 2026-07-28WorsenedEarnings
「これらの影響が、国際的なサプライチェーンの分断リスクを高める可能性があります。」
米国の関税政策、中国の輸出規制などを背景に、国際的なサプライチェーン分断リスクを明示している。 - FY2026ReframedAnnual report
「Although inventory adjustments in semiconductor manufacturing equipment continued, from January 2026 onward some customers began markedly increasing inventories in response to expanding demand for AI applications, and orders are expected to increase going forward.」
While downward pressure from supply constraints and inventory adjustments has continued, some users have notably increased inventories in response to growing demand for AI applications, changing the way supply chain effects are manifesting. - FY2026-H1WorsenedAnnual report
「In addition, various factors are affecting the global economy, including the impact of policies under the Trump administration in the United States, including its tariff policy; China's efforts to expand exports and shift to local production, which are advancing despite a slowdown in the domestic economy; and the growing instability of international trade. Uncertainty therefore remains elevated.」
Additional uncertainty factors have been identified in the supply chain and trade environment, including US tariff policy, China's export expansion and shift to local production, and growing instability in international trade. - FY2025WorsenedAnnual report
「The risk of disruption to global supply chains has increased, owing to the growing instability of international trade and other factors.」
The company states that supply chain disruption risks have increased against a backdrop of US tariff policy, China's retaliatory measures and growing instability in international trade. - FY2024RestatedAnnual report
「In addition to declining demand, particularly for structural steel, caused by disruptions in the domestic automotive supply chain and other factors, demand related to industrial machinery has been slow to recover, particularly for stainless steel and other products, because of inventory adjustments within the supply chain and other factors.」
The company reconfirms the downward pressure on automotive and industrial machinery-related demand from supply chain disruptions and inventory adjustments. - FY2024-Q3RestatedAnnual report
「Automotive-related orders increased year on year, led by structural steel, as component supply shortages, particularly semiconductors, eased, although demand related to industrial machinery remained weak. Inventory adjustments in the supply chain continued for stainless steel and other products, which declined year on year.」
Some automotive-related orders increased as component supply shortages eased, while weakness in industrial machinery-related demand and inventory adjustments for stainless steel and other products continued. - FY2024-Q2RestatedAnnual report
「Automotive-related orders increased year on year, led by structural steel, as component supply shortages, particularly semiconductors, eased, although demand related to industrial machinery remained weak. Inventory adjustments in the supply chain continued for stainless steel and other products, which declined year on year.」
Some automotive-related orders increased as component supply shortages eased, while supply chain inventory adjustments continued for stainless steel and other products. - FY2024-Q1MitigatedAnnual report
「Orders for automotive applications, a major end market for special steel, increased year on year, mainly for structural steel, as shortages of parts, particularly semiconductors, eased. However, orders for stainless steel and other products declined year on year as inventory adjustments continued across the supply chain.」
The company states that component supply shortages, particularly semiconductors, have eased and that some automotive-related orders have increased. Meanwhile, inventory adjustments in the supply chain have continued for stainless steel and other products. - FY2023-Q3RestatedAnnual report
「Against this backdrop, orders from the automotive sector, the main source of demand for special steel, decreased year on year because of semiconductor and other component supply shortages, as well as the impact of lockdowns in China. Similarly, orders for industrial machinery were on a declining trend because of supply constraints.」
The decline in orders for automotive and industrial machinery caused by component supply shortages, particularly semiconductors, lockdowns in China and supply constraints has continued. - FY2023-Q1WorsenedAnnual report
「Orders from the automotive sector, the main source of demand for special steel, decreased year on year because of semiconductor and component supply shortages, as well as the impact of lockdowns in China. Similarly, orders for industrial machinery were on a declining trend because of supply constraints.」
Automotive orders have actually declined, and orders for industrial machinery have entered a declining trend, owing to semiconductor and component supply shortages, lockdowns in China and supply constraints. - FY2022WorsenedAnnual report
「Recently, the pace of recovery has slowed because production has been adjusted in response to component shortages and the renewed spread of COVID-19.」
The company states that demand related to the automotive sector, which had been described as recovering and increasing in the third quarter, slowed its recovery because of production adjustments caused by component shortages and the renewed spread of infections. - FY2022-Q3MitigatedAnnual report
「The pace of recovery in automotive-related orders had slowed due to production adjustments caused by parts shortages, but orders recently entered an upward trend as inventories were replenished in preparation for a recovery in production.」
Orders from the automotive sector, which had slowed because of production adjustments caused by component shortages, have begun to increase as customers replenish inventories, indicating that the downward pressure from supply chain effects is easing. - FY2022-Q2First statedAnnual report
「The company needs to closely monitor the outlook, including downside risks arising through the supply chain and developments related to COVID-19. Orders from the automotive sector, a major source of demand, are recovering against a backdrop of firm global automotive demand, but the pace of recovery has recently slowed as production has been adjusted because of component shortages.」
The company explicitly identifies downside risks to performance through the supply chain and states that production adjustments caused by component shortages have actually occurred in the automotive sector, slowing the pace of recovery.