Supply Constraints Caused by Electronic Component Shortages and the Wood Shock
First written in FY2022-Q1. 3 of 7 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026.
Corona moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 12 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Because procurement of raw materials, components and other items is affected by international political and economic developments, commodity market conditions and exchange-rate fluctuations, the Group recognises that the risk of these fluctuations materialising and causing higher procurement costs or procurement constraints has increased compared with previously.」
The company states that, in addition to shortages and delivery delays involving electronic components and other items, procurement constraints caused by political and economic conditions, commodity prices and foreign exchange have increased from previous levels. It continues to expand its supplier base and consider alternative products as countermeasures. - FY2023WorsenedAnnual report
「In addition, some components can be purchased from only a limited number of suppliers because of their complexity or specialized nature. Our business partners may also be affected by natural disasters, infectious disease outbreaks, accidents or deteriorating business conditions. If deliveries from suppliers of raw materials, components or other items are delayed, deliveries of products by our Group may also be delayed, potentially affecting our business, performance and financial position.」
The company explicitly identified supply constraints caused by electronic component shortages, as well as the risk of delivery delays involving specialized components sourced from a limited number of suppliers and business partners affected by disasters, infectious diseases, accidents or deteriorating business conditions. - FY2023-Q2MaterialisedAnnual report
「In the residential equipment industry, new housing starts remained at around the previous year's level, while the effects of soaring raw material prices and shortages of electronic components and other items continued.」
The impact of global shortages of electronic components and other items continues to affect the production and sales environment in the housing-related equipment industry. - FY2023-Q1MaterialisedAnnual report
「In the housing-related equipment industry, some recovery in the housing market was observed, but the impact of soaring raw material prices and ongoing global shortages of electronic components and other items continues.」
The company states that the impact of soaring raw material prices and global shortages of electronic components and other items continued during the current quarter. - FY2022-Q3MaterialisedAnnual report
「In the residential equipment industry, some recovery in the housing market was observed, but the outlook is becoming increasingly uncertain as the effects of soaring raw material prices and the global shortage of electronic components emerge.」
The company states that the impact of global electronic component shortages has actually affected production and sales activities in the housing-related equipment industry. - FY2022-Q2WorsenedAnnual report
「In the residential equipment industry, some recovery in the housing market was observed. However, the outlook is becoming increasingly uncertain due to the potential impact of COVID-19, soaring raw material prices and the global shortage of electronic components.」
The company indicates that global shortages of electronic components could affect the industry and that uncertainty over the outlook is increasing. - FY2022-Q1First statedAnnual report
「In the residential equipment industry, some recovery in the housing market has been observed, but the outlook requires close monitoring given the potential impact of the spread of COVID-19, soaring raw material prices, the global shortage of electronic components and the effects of the lumber shock.」
The impact of global shortages of electronic components and the wood shock is identified as a new supply and business-environment risk for the housing-related equipment industry.