Risk of component supply disruptions by suppliers
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2023-Q2.
Miura moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).
The whole theme swung hardest in 2021: 44 of 75 companies on the "Worse" side.
19 other companies' latest entry also says "Materialised".
- FY2023-Q2MaterialisedAnnual report
「Production was also affected by delays in component deliveries, resulting in lower sales.」
Delays in component deliveries actually affected production in the domestic laundry business and emerged as a factor behind the decline in sales. - FY2023-Q1WorsenedAnnual report
「However, uncertainty about the outlook remains elevated due to the impact of the Shanghai lockdown in China on supply chains, rising raw material prices, semiconductor shortages and geopolitical issues.」
The simultaneous identification of supply chain impacts, rising raw material prices and semiconductor shortages indicates growing uncertainty surrounding the procurement environment for components and raw materials. - FY2021RestatedAnnual report
「Our Group has taken measures in preparation for emergencies, including securing safety stock and considering alternative suppliers through the formulation of the Miura Group Business Continuity Plan.」
The company continues to address the risk of component supply disruptions by securing safety stock and considering alternative suppliers. - FY2020First statedAnnual report
「Our Group has taken measures in preparation for emergencies, including securing safety stock and considering alternative suppliers through the formulation of the Miura Group Business Continuity Plan. However, if unforeseen circumstances, such as unexpected political or economic factors or the suspension of component supplies by suppliers due to disasters or epidemics, including COVID-19, result in higher procurement prices or make it difficult to secure procurement volumes or delivery schedules, production delays, lost sales opportunities and other consequences may arise, potentially affecting our Group's business performance and financial position.」
The company newly identified production delays and lost sales opportunities caused by component supply disruptions, higher procurement prices and difficulty securing procurement volumes and delivery schedules as risks, and cited safety stock and alternative suppliers as countermeasures.