Risk of extended component lead times due to the global semiconductor shortage
First written in FY2021. 3 of 8 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2021: 3 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In the event of component shortages, we secure the components required for manufacturing by procuring substitutes and sourcing overseas through overseas subsidiaries. We also secure sufficient equipment manufacturing time by negotiating delivery schedules with customers.」
To address longer component lead times, the Company is using substitute components and overseas procurement and negotiating delivery schedules with customers. The filing also explains that lead times are currently beginning to return to normal. - FY2024-Q3RestatedAnnual report
「During the third quarter cumulative consolidated period, Japan's economy was on a gradual recovery trend, despite some signs of stagnation. However, uncertainty about the outlook continued due to the effects of global monetary tightening and concerns about the Chinese economy and the situation in the Middle East.」
Uncertainty stemming from monetary tightening, the Chinese economy and the situation in the Middle East has continued as an external factor that could affect component and raw material prices and supply conditions. - FY2023-Q3RestatedAnnual report
「During the current cumulative quarterly period, the domestic economy continued to recover gradually, while energy prices and raw material costs continued to rise.」
The Company reconfirmed its view that energy prices and raw material costs continue to rise, in connection with the risk of higher component and raw material costs. - FY2023-Q1RestatedAnnual report
「Although the domestic economy continued to show a gradual recovery, energy prices and raw material costs rose, while component prices and lead times continued to increase.」
The Company reconfirmed its view that higher component prices and longer lead times, as well as rising raw material costs, are continuing. - FY2022WorsenedAnnual report
「Longer component lead times are occurring worldwide across the manufacturing industry, not only at our company. Although the time required to manufacture equipment has therefore increased, this has not reduced our competitiveness. The earnings forecast for the following fiscal year anticipates a deterioration in profit margins due to higher manufacturing costs.」
Long component lead times are continuing, and although there has been no decline in competitiveness as of now, higher manufacturing costs and deteriorating profit margins are expected in the following fiscal year. - FY2022-Q2WorsenedAnnual report
「Meanwhile, the equipment-related business has been affected by longer component lead times and higher costs resulting from rising raw material prices.」
It was disclosed that longer lead times associated with shortages of semiconductors and components, as well as higher raw material costs, led not only to higher costs in the equipment-related business but also to shifts in the timing of revenue recognition. - FY2022-Q1WorsenedAnnual report
「In addition, shortages and longer lead times for a range of products, originating with semiconductor-related products, as well as higher raw material costs, have continued worldwide.」
In addition to longer component lead times caused by the semiconductor shortage, shortages and longer lead times for various products and higher raw material costs have continued, broadening the potential impact on supply and costs. - FY2021First statedAnnual report
「Due to the global semiconductor shortage, components including electrical and electronic parts used in our equipment have longer lead times, and the time required to manufacture our equipment has become longer than usual. If conditions deteriorate further, the Group's performance could be affected if it is unable to secure components required for the equipment and therefore cannot ship products, cannot meet customer requirements because of longer delivery times, or faces higher manufacturing costs due to increased costs.」
Lead times for components including electrical and electronic parts have already lengthened due to the semiconductor shortage. The resulting risks of component shortages, inability to ship products, longer delivery times and higher manufacturing costs were newly disclosed.