Demand and Sales Fluctuations by Application in the Electronic Materials Business
First written in FY2019-Q2. 16 of 26 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.
Toho Zinc moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 5 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Sales of electronic components declined due to lower sales to the automotive electrical equipment market amid sluggish electric vehicle sales in the US, as well as lower sales to the office automation equipment market」
The risk of fluctuations in demand and sales by end use for electronic components materialized again in the current fiscal year due to sluggish US EV sales and lower sales to the office automation equipment market. - 2026-05-14WorsenedRevision of earnings forecasts
「Electronic components sales declined for automotive electrical equipment applications due to sluggish electric vehicle sales in the United States, and sales for office automation equipment applications also decreased, resulting in a 6% year-on-year decline in revenue.」
Sales declined for both automotive electrical equipment and office automation equipment applications, confirming the full-year impact of fluctuations in demand and sales by end use for electronic components. - FY2026-H1MitigatedAnnual report
「Electronic Components revenue increased 8% year on year, as sales for automotive electrical systems were strong in the first quarter due to progress in reducing customer inventories.」
Sales to the automotive electrical equipment market recovered as customers worked down their inventories, partly mitigating the risk of fluctuations in demand and sales by end use. However, the Electronic Materials and Functional Materials business overall posted lower revenue and profit due to the loss of revenue from discontinued businesses, among other factors. - FY2025WorsenedAnnual report
「Revenue from electronic components declined 22% from the previous fiscal year as sales to the automotive electrical equipment market fell due to the slowdown in the US EV market.」
Sales to the automotive electrical equipment market declined due to the slowdown in the EV market, and the risk of fluctuations in demand and sales by end use continued. - FY2025-H1WorsenedAnnual report
「Revenue in the Electronic Components business declined 35% year on year due to weaker demand and sluggish sales caused by inventory adjustments in the automotive and industrial equipment markets, which account for a large share of sales.」
The risk of sales fluctuations in the Electronic Components business materialized due to lower demand from the automotive and industrial equipment markets and inventory adjustments. Meanwhile, some applications in the electrolytic iron business showed signs of recovery. - FY2024WorsenedAnnual report
「In addition, the performance of this segment, comprising the plating and equipment components businesses, was affected by lower revenue in the plating business due to a decline in orders. Revenue was ¥5,082 million, down ¥855 million, or 14%, from the previous fiscal year.」
The impact of fluctuations in demand and sales by end use increased due to the slowdown in the EV market, lower plating orders, weaker demand related to semiconductors and automobiles, and inventory valuation losses. - FY2024-Q3WorsenedAnnual report
「Although demand in the US for special steel for aircraft recovered, demand for special steel for domestic automotive applications, semiconductors and semiconductor manufacturing equipment declined, leaving revenue at approximately the same level as in the previous fiscal year.」
Demand for domestic automotive applications, semiconductors and semiconductor manufacturing equipment continued to decline, increasing the risk of sales fluctuations in the Electronic Materials and Functional Materials business. - FY2024-Q2WorsenedAnnual report
「The Electronic Materials and Functional Materials segment posted an 8% year-on-year decrease in revenue, partly because lower orders in the plating business resulted in lower revenue. Profit declined 47% year on year, partly due to the recognition of losses on the disposal of stagnant inventory in the Electronic Components business.」
In the Electronic Materials and Functional Materials business, lower orders, lower orders for certain products for automotive electrical equipment, weaker demand for special steel and losses on the disposal of stagnant inventory combined to increase the impact of fluctuations in demand and sales by end use. - FY2024-Q1RestatedAnnual report
「Although demand for special steel for aircraft was recovering, demand for special steel for domestic automotive applications and semiconductor equipment declined, resulting in a 3% year-on-year decrease in revenue.」
Demand by end use continued to fluctuate, with special steel for aircraft showing signs of recovery while demand for special steel for domestic automotive applications and semiconductor equipment declined. - FY2023RestatedAnnual report
「Revenue in the Electronic Components business increased 42% from the previous fiscal year, partly because stronger demand for components from the rapidly expanding EV market doubled sales of automotive electrical equipment products. In the electrolytic iron business, sales of the mainstay product for special steel for aircraft declined, as aircraft production stagnated due to the global semiconductor shortage and other factors, compounded by inventory adjustments for components, resulting in a 12% decrease in revenue from the previous fiscal year.」
While demand for EV and automotive electrical equipment expanded, sales of electrolytic iron for special steel for aircraft declined due to the semiconductor shortage and inventory adjustments, and fluctuations in demand by end use continued. - FY2023-Q3RestatedAnnual report
「Sales in the Electronic Components business increased 40% year on year, as sales to the automotive electrical equipment market increased due to the expansion of the EV market and the weaker yen. In the electrolytic iron business, revenue declined 10% year on year as sales of special steel for aircraft in the US fell substantially due to inventory adjustments.」
While demand for automotive electrical equipment expanded, revenue from electrolytic iron for special steel for aircraft declined due to inventory adjustments, and fluctuations in demand and sales by end use continued. - FY2023-Q2MitigatedAnnual report
「The Electronic Components business posted a 33% year-on-year increase in revenue, driven by expanding demand for components from the EV market and the weaker yen.」
Sales in the Electronic Components business increased due to expanding demand for EV components, and the risk of fluctuations in demand and sales by end use was partly mitigated from the same period of the previous year. Meanwhile, demand for special steel for aircraft declined due to inventory adjustments. - FY2023-Q1RestatedAnnual report
「The Electronic Components business posted a 20% year-on-year increase in revenue, as sales remained firm in all three major segments, automotive, industrial equipment and office automation equipment, with the additional benefits of the weaker yen and price increases.」
Sales in major end-use markets remained solid, and the risk of fluctuations in demand and sales by end use in the Electronic Materials business continued to be at a mitigated level compared with the same period of the previous year. - FY2022-Q3MitigatedAnnual report
「The Electronic Components business posted a 31% year-on-year increase in revenue as demand for components from the rapidly expanding EV market strengthened.」
In addition to expanding demand from the EV market, sales of electrolytic iron for aircraft and special steel applications recovered, resulting in a 31% increase in revenue and a 171% increase in operating profit in the Electronic Materials and Functional Materials business. The risk of fluctuations in demand and sales by end use was mitigated from the same period of the previous year. - FY2022-Q2MitigatedAnnual report
「The Electronic Components business posted a 34% year-on-year increase in revenue as orders increased for automotive applications, as well as for office automation equipment and industrial equipment, reflecting a recovery from the impact of COVID-19 in the previous fiscal year.」
The Electronic Materials and Functional Materials business recorded revenue of ¥2,578 million and operating profit of ¥333 million, resulting in year-on-year increases in both revenue and profit due to a recovery in orders for major end-use markets. - FY2022-Q1MitigatedAnnual report
「Revenue in the Electronic Components business increased 31% year on year, driven by solid sales to the industrial equipment market and a substantial increase in demand from the electric vehicle market.」
Demand from the electric vehicle market increased in addition to demand from the industrial equipment market, resulting in a 19% year-on-year increase in revenue in the Electronic Materials business. The risk of fluctuations in demand and sales by end use was partly mitigated from the same period of the previous year. - FY2021WorsenedAnnual report
「Although shipments for electric vehicles increased substantially as the shift to electric vehicles progressed, revenue declined 4% from the previous fiscal year, partly because sales to consumer markets fell substantially due to the impact of COVID-19.」
While shipments for electric vehicles increased, the Electronic Components business posted lower revenue due to a substantial decline in sales to consumer markets, and the risk of fluctuations in demand by end use continued. - FY2021-Q3WorsenedAnnual report
「Compared with the same period of the previous year, sales declined in every business division due to the impact of COVID-19.」
Revenue in the Electronic Materials business declined 21% and operating profit declined 46%. Although some industrial equipment and automotive electrical equipment applications recovered, sales continued to decline across all businesses, including electrolytic iron, plating and equipment components. - FY2021-Q2WorsenedAnnual report
「Sales to the office automation equipment market declined as overseas customers' operations deteriorated due to the impact of COVID-19, resulting in a 16% year-on-year decrease in revenue.」
In the Electronic Materials business, sales to the office automation equipment market declined due to the impact of COVID-19, resulting in a 23% year-on-year decrease in revenue and a 55% decline in operating profit. - FY2020WorsenedAnnual report
「Sales to the industrial equipment market declined due to the impact of US-China trade tensions, while several shipments to the automotive electrical equipment market ended, resulting in a 17% year-on-year decrease in revenue.」
In the Electronic Materials business, revenue declined 16% and operating profit declined 26% due to lower sales to the industrial equipment market, the end of shipments to the automotive electrical equipment market and weak performance in other applications. - FY2020-Q3WorsenedAnnual report
「Although sales of products for hybrid vehicles grew in the automotive electrical equipment market, sales of products for the industrial equipment market fell substantially as capital investment was restrained, resulting in a 16% year-on-year decrease in revenue.」
In the Electronic Materials business, revenue declined 16% year on year, primarily due to lower sales to the industrial equipment market resulting from restrained capital investment, while operating profit also declined 21%. - FY2020-Q2WorsenedAnnual report
「Although sales of products for hybrid vehicles grew in the automotive electrical equipment market, this was not enough to offset lower sales resulting from customer inventory adjustments and the discontinuation of certain products. Sales to the industrial equipment and office automation equipment markets also fell substantially due to the impact of global trade tensions, resulting in a 19% year-on-year decrease in revenue.」
In the Electronic Materials business, revenue declined 19% year on year due to customer inventory adjustments, product discontinuations and lower sales to the industrial equipment and office automation equipment markets amid trade tensions. - FY2020-Q1WorsenedAnnual report
「Sales to the automotive electrical equipment market declined due to lower production of vehicles manufactured in China for sale in China, while sales to the industrial equipment market fell due to reduced capital investment amid trade tensions, resulting in an 18% year-on-year decrease in revenue.」
Demand and sales of electronic materials for major end-use markets continued to decline due to lower vehicle production in China, reduced capital investment amid trade tensions and the impact of aircraft accidents, among other factors. - FY2019WorsenedAnnual report
「Sales to the office automation equipment market, where market contraction continued, fell substantially, while sales to the automotive electrical equipment market also declined, resulting in a 13% year-on-year decrease in revenue.」
Market contraction in office automation equipment and declining sales to the automotive electrical equipment market continued. However, strong performance by electrolytic iron resulted in higher profit for the Electronic Materials business overall. - FY2019-Q3WorsenedAnnual report
「Affected by the Chinese economy, sales to major end-use markets, led by office automation equipment, as well as industrial equipment and automotive electrical equipment, declined, resulting in a substantial 13% year-on-year decrease in revenue.」
In the Electronic Components business, declining sales to major end-use markets, including office automation equipment, industrial equipment and automotive electrical equipment, broadened, resulting in a 13% year-on-year decline in revenue. - FY2019-Q2MaterialisedAnnual report
「Sales for automotive electrical equipment and industrial equipment remained relatively firm, but the impact of a decline in market share for air-conditioning equipment led to a 12% decrease in revenue year on year.」
Sales trends diverged by end use in the Electronic Materials business, with the decline in market share for air-conditioning equipment translating into a 12% drop in revenue.