Semiconductor Export Controls and Economic Security Risks
First written in FY2023. 1 of 2 entries say "Mitigated", first in FY2024. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024MitigatedAnnual report
「Our products are manufactured in Japan or South Korea, and the proportion of US-origin content incorporated into them is 25% or less. They are therefore outside the scope of the US Export Administration Regulations. Accordingly, we can currently export our equipment to customers in China, and the impact on our group’s results is limited.」
States that a special general bulk export and services transaction license was obtained, with an expiration date of 5 February 2027. Exports to Chinese customers are currently possible and the impact on results is limited. - FY2023First statedAnnual report
「If laws are amended or regulations tightened, the work and costs required for stricter controls may increase and our exports may be restricted. If the scope of special general bulk licenses changes due to legal amendments, or if economic-security policies worldwide are strengthened and our customers become subject to laws, regulations, or sanctions, export restrictions or longer lead times for affected regions or customers, delays in fund settlement, and other consequences may affect our group’s operating results and financial position.」
Although 23 items, including semiconductor cleaning equipment, became subject to export controls, the company confirmed that its products were not subject to control following a classification review. Describes possible export restrictions and longer lead times resulting from future legal amendments, tighter regulations, or sanctions against customers or regions.