Production impact from semiconductor and component supply shortages
First written in FY2022-Q2. 5 of 8 entries say "Restated". Latest entry: FY2024-Q1.
Smc 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.
6 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「The automotive-related business was relatively solid as the impact of production cuts caused by shortages of semiconductors and other components eased.」
The Company stated that the impact of production cuts caused by shortages of semiconductors and other components eased in the automotive-related business. However, capital investment was being curbed or deferred in the semiconductor and electrical equipment-related businesses, and no resolution of the overall supply chain risk was indicated. - FY2023RestatedAnnual report
「During the current fiscal year, economic normalization from the pandemic progressed in each country and capital investment recovered across the manufacturing sector. However, uncertainty about the outlook continued due to persistent difficulties in procuring components and raw materials, the prolonged Russian invasion of Ukraine, rising tensions between the United States and China, and concerns about an economic recession resulting from monetary tightening in the United States and Europe.」
Difficulties procuring components and raw materials continue. The Company continues to respond through supplier diversification, strategic inventory build-ups, production diversification based on its BCP and capital investment, but no resolution of the supply chain risk itself has been reported. - FY2023-Q3RestatedAnnual report
「Economic activity in various countries was recovering from the COVID-19 pandemic and the appetite for capital investment was recovering across the manufacturing sector. However, uncertainty about the outlook continued due to difficulties procuring components and materials, particularly semiconductors, stagnation in economic activity in China under its zero-COVID policy, the prolonged Russian military invasion of Ukraine, rising tensions between China and the United States, interest-rate hikes by central banks in Europe and the United States, and sharp foreign exchange fluctuations.」
Difficulties procuring components and materials, particularly semiconductors, continue. Efforts to reduce production impacts, strategic inventory build-ups and production diversification are underway, but no resolution of the supply chain risk itself has been reported. - FY2023-Q2RestatedAnnual report
「Uncertainty about the outlook continues due to difficulties procuring components and materials, particularly semiconductors, stagnation in economic activity in China under its zero-COVID policy, the prolonged Russian military invasion of Ukraine, accelerating inflation and sharp foreign exchange fluctuations.」
Difficulties procuring components and materials, particularly semiconductors, continue. The Company is working to reduce production impacts, strategically build up inventories and diversify production lines, but no resolution of the supply chain risk itself has been reported. - FY2023-Q1WorsenedAnnual report
「Economic activity in various countries was recovering from the COVID-19 pandemic and the appetite for capital investment was recovering across the manufacturing sector. However, economic conditions remained unstable due to difficulties procuring components and materials, particularly semiconductors, large-scale lockdowns in China under its zero-COVID policy, a sharp rise in energy prices stemming from Russia's invasion of Ukraine, and accelerating inflation in the United States.」
Difficulties procuring components and materials, particularly semiconductors, continue, and lockdowns in China and other factors have increased uncertainty surrounding the supply environment. The Company is working to reduce production impacts and is strategically building up inventories. - FY2022RestatedAnnual report
「During the fiscal year, economic activity in various countries was recovering from the COVID-19 pandemic and the appetite for capital investment was recovering across the manufacturing sector. However, uncertainty about the outlook continued due to supply chain disruptions, including semiconductor shortages, rising raw material prices and logistics costs, and Russia's invasion of Ukraine.」
Supply chain disruptions, including semiconductor shortages, continue. The Company is working to diversify and improve the quality of its suppliers and to diversify production sites, but no resolution of the supply chain risk itself has been reported. - FY2022-Q3RestatedAnnual report
「During the third-quarter cumulative period of the current consolidated fiscal year, from 1 April 2021 to 31 December of the same year, economic activity in various countries was recovering from the COVID-19 pandemic and the appetite for capital investment was recovering across the manufacturing sector. However, uncertainty about the outlook continued due to supply chain disruptions, including semiconductor shortages, rising raw material prices and logistics costs, and a renewed spread of infections caused by the Omicron variant.」
The Company stated that supply chain disruptions, including semiconductor shortages, continue. Efforts to avoid production impacts from component shortages and capital investment to diversify production lines are also continuing, but no resolution of the supply chain risk itself has been reported. - FY2022-Q2MaterialisedAnnual report
「In this environment, although production was affected in some areas by disruptions in component supplies, the group promoted a sustainable BCP and worked to maintain and expand supply capacity.」
It can be confirmed for the first time, as a distinct supply chain risk, that shortages and disruptions in the supply of semiconductors and other components have had an actual impact on production in some areas.