Decline in Volumes of Semiconductor Process Components
First written in FY2020-Q1. 9 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 9 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although demand for semiconductor process components continued to increase, net sales were ¥124,535 million, up 8.1% year on year, while operating income was ¥7,294 million, down 23.3%, due mainly to higher depreciation and other costs associated with capital investment to meet future growth in demand for semiconductor process components and metal substrates.」
Higher demand for semiconductor process components and pressure on profit from depreciation and amortization expenses related to capital investment to prepare for future demand continue. - 2026-05-11MitigatedEarnings
「Although demand for semiconductor process components continues to increase」
Demand for semiconductor process components continues to grow. At the same time, the disclosure notes pressure on profit from depreciation and other costs associated with capital investment. - FY2026-H1RestatedAnnual report
「In the Industrial Equipment and Other business, demand for semiconductor process components continued to increase. However, higher depreciation and other expenses related to capital expenditures to meet future demand for semiconductor process components and metal substrates resulted in net sales of ¥58,060 million, up 5.6% year on year, and operating profit of ¥2,828 million, down 25.2%.」
Although demand for semiconductor process components continues to increase, the impact of higher amortization expenses and other costs associated with capital investment is also reported to be weighing on profit. - FY2025MitigatedAnnual report
「In the Industrial Equipment and Other Business, recovery in semiconductor process component volumes, driven mainly by the recovery of the semiconductor market, resulted in revenue of ¥115,179 million, up 4.7% from the previous fiscal year, and operating profit of ¥9,505 million, up 39.5%.」
The situation shifted from the downturn in the semiconductor market and lower volumes in the previous fiscal year to volume recovery driven by the market recovery, increasing both revenue and operating profit. - FY2025-H1MitigatedAnnual report
「In the Industrial Equipment and Other Business, recovery in semiconductor process component volumes, driven mainly by the recovery of the semiconductor market, resulted in revenue of ¥55,005 million, up 3.3% year on year, and operating profit of ¥3,781 million, up 21.7%.」
After lower volumes continued through the previous period due to the downturn in the semiconductor market, volumes recovered as the market recovered, increasing both revenue and operating profit. - FY2024-Q3Continued volume decline, narrower profit declineAnnual report
「In the Industrial Equipment and Other Business, the downturn in the semiconductor market caused semiconductor process component volumes to decline. Revenue was ¥81,549 million, down 4.4% year on year, and operating profit was ¥5,253 million, down 48.7%.」
The decline in semiconductor process component volumes due to the downturn in the semiconductor market continued. However, the operating profit decline narrowed from 53.1% in the previous quarter to 48.7%, indicating a change in the extent of the impact of lower volumes on profit. - FY2024-Q2WorsenedAnnual report
「In the Industrial Equipment and Other Business, the downturn in the semiconductor market caused semiconductor process component volumes to decline. Revenue was ¥53,229 million, down 4.3% year on year, and operating profit was ¥3,107 million, down 53.1%.」
The situation has shifted from strong orders for semiconductor process components through the previous period to lower volumes due to the downturn in the semiconductor market, with both revenue and operating profit declining year on year. - FY2024-Q1WorsenedAnnual report
「In the Industrial Equipment and Other Business, the downturn in the semiconductor market caused semiconductor process component volumes to decline. Revenue was ¥25,511 million, down 3.4% year on year, and operating profit was ¥1,703 million, down 39.4%.」
The situation shifted from strong orders for semiconductor process components through the previous period to lower volumes due to the downturn in the semiconductor market, with revenue and operating profit in the Industrial Equipment and Other Business declining year on year. - FY2023RestatedAnnual report
「Revenue increased due in part to generally strong orders for semiconductor process components.」
Strong orders for semiconductor process components and higher revenue and profit in the Industrial Equipment and Other Business continue. - FY2023-Q3RestatedAnnual report
「In the Industrial Equipment and Other Business, revenue was ¥85,346 million, up 13.1% year on year, and operating profit was ¥10,231 million, up 26.0%. This reflected signs of recovery in the automotive-related business from the impact of the spread of COVID-19, strong orders for semiconductor process components, and the effect of yen depreciation.」
Strong orders for semiconductor process components and higher revenue and profit in the Industrial Equipment and Other Business continued. - FY2023-Q2RestatedAnnual report
「Strong orders for semiconductor process components resulted in revenue of ¥55,626 million, up 13.8% year on year, and operating profit of ¥6,625 million, up 30.8%.」
Strong orders for semiconductor process components and higher revenue and profit in the Industrial Equipment and Other Business continue to be reported. - FY2023-Q1RestatedAnnual report
「In the Industrial Equipment and Other Business, revenue was ¥26,405 million, up 10.3% year on year, and operating profit was ¥2,811 million, up 9.7%. This reflected signs of recovery in the automotive-related business from the impact of the spread of COVID-19 and strong orders for semiconductor process components.」
Strong orders for semiconductor process components and higher revenue and profit in the Industrial Equipment and Other Business continue to be reported. - FY2022MitigatedAnnual report
「Revenue increased as semiconductor process components performed well, orders increased for golf shafts, marine products and other items, and the automotive-related business recovered from the impact of the spread of COVID-19.」
After volumes of semiconductor process components declined in the previous period, demand and orders were strong in the current period, increasing revenue and operating profit in the Industrial Equipment and Other Business. - FY2022-Q3RestatedAnnual report
「In the Industrial Equipment and Other Business, revenue was ¥75,452 million, compared with ¥63,517 million in the same period of the previous year, and operating profit was ¥8,122 million, up 138.3% year on year. This reflected signs of recovery in the automotive-related business from the impact of the spread of COVID-19 and strong orders for semiconductor process components.」
Strong orders for semiconductor process components and higher revenue and profit in the business continued to be reported from the previous quarter. - FY2022-Q2MitigatedAnnual report
「Strong orders for semiconductor process components resulted in revenue of ¥48,863 million, compared with ¥39,275 million in the same period of the previous year, and operating profit of ¥5,064 million, up 754.6% year on year.」
Strong orders for semiconductor process components continued, increasing revenue and operating profit in the Industrial Equipment and Other Business. - FY2022-Q1MitigatedAnnual report
「In the Industrial Equipment and Other Business, revenue was ¥23,929 million, compared with ¥18,262 million in the same period of the previous year, and operating profit was ¥2,562 million, compared with an operating loss of ¥266 million. This reflected signs of recovery in the automotive-related business from the impact of the spread of COVID-19 and strong orders for semiconductor process components.」
Orders for semiconductor process components, for which contraction of the semiconductor market and lower volumes had been reported in the previous period, performed well, and operating profit in the Industrial Equipment and Other Business returned to profitability. - FY2021MitigatedAnnual report
「Although semiconductor process components performed well, the significant impact of lower revenue from the automotive-related business resulted in lower revenue for the business overall. Operating profit increased for the business overall, despite the impact of lower revenue from the automotive-related business, due to strong performance by semiconductor process components and the effects of fixed-cost reductions, among other factors.」
Semiconductor process components performed well, and operating profit in the Industrial Equipment and Other Business was ¥6,344 million, up 32.1% year on year. - FY2021-Q3MitigatedAnnual report
「In the Industrial Equipment and Other Business, the automotive-related business was significantly affected by COVID-19, while semiconductor process components remained firm. Revenue declined 6.2% year on year to ¥63,517 million, while operating profit increased 9.0% to ¥3,409 million.」
Semiconductor process components, for which lower volumes and profit had been reported through the previous quarter, performed steadily this time, and operating profit in the Industrial Equipment and Other Business increased 9.0% year on year. - FY2021-Q2RestatedAnnual report
「In the Precision Components Business, the impact of COVID-19 was limited on the information and communications-related business but substantial on the automotive-related business. Revenue declined 18.9% year on year to ¥56,984 million, and the business recorded an operating loss of ¥297 million, compared with operating profit of ¥2,154 million in the same period of the previous year.」
The distinction that COVID-19 had a limited impact on the information and communications-related business but a substantial impact on the automotive-related business continues to be made. The Precision Components Business overall recorded lower revenue and an operating loss. - FY2021-Q1MitigatedAnnual report
「In the Industrial Equipment and Other Business, the impact of COVID-19 was limited on semiconductor process components but substantial on the automotive-related business. Revenue declined 14.2% year on year to ¥18,262 million, and the business recorded an operating loss of ¥266 million, compared with operating profit of ¥901 million in the same quarter of the previous year.」
The impact of COVID-19 on semiconductor process components was described as limited, and the risk of lower semiconductor process component volumes had eased somewhat from the previous period, when the market was contracting. For the business overall, revenue declined and it recorded an operating loss due to the impact on the automotive-related business. - FY2020WorsenedAnnual report
「Revenue declined due to lower volumes of semiconductor process components amid the contraction of the semiconductor market. Operating profit declined due to higher amortization expenses related to upfront investments, including construction of the Miyata Plant, to accommodate increased orders.」
Lower volumes resulting from the contraction of the semiconductor market reduced full-year revenue, while higher amortization expenses related to upfront investments, including construction of the Miyata Plant, also weighed on profit. - FY2020-Q3Wider revenue decline and continued profit declineAnnual report
「In the Industrial Equipment and Other Business, lower volumes of semiconductor process components resulted in revenue of ¥67,724 million, down 5.1% year on year, and operating profit of ¥3,126 million, down 36.2%.」
The decline in semiconductor process component volumes continues to weigh on revenue and operating profit. The revenue decline widened from 3.5% in the first-half cumulative period to 5.1%, while the operating profit decline narrowed slightly from 37.0% to 36.2%. - FY2020-Q2RestatedAnnual report
「In the Industrial Equipment and Other Business, lower volumes of semiconductor process components resulted in revenue of ¥44,233 million, down 3.5% year on year, and operating profit of ¥1,851 million, down 37.0%.」
The decline in semiconductor process component volumes continues to be cited as a factor behind lower revenue and operating profit in the Industrial Equipment and Other Business. - FY2020-Q1First statedAnnual report
「In the Industrial Equipment and Other Business, lower volumes of semiconductor process components resulted in revenue of ¥21,274 million, down 5.9% year on year, and operating profit of ¥901 million, down 32.3%.」
The decline in semiconductor process component volumes is cited as a factor behind lower revenue and operating profit in the Industrial Equipment and Other Business.