More cautious capital investment in China, Taiwan, South Korea and other markets
First written in FY2016-Q3. 14 of 32 entries say "Mitigated", first in FY2018-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2019: 41 of 56 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the semiconductor market in which the Company operates, investment related to data centers remained active against the backdrop of the broader adoption of generative AI, and demand expanded mainly for advanced logic semiconductors, such as GPUs for AI, and high-speed, high-capacity memory used together with GPUs.」
Against the previously noted environment of cautious customer capital investment, the Company disclosed growing investment related to generative AI and data centers, as well as expanding demand for advanced semiconductors. - FY2026-H1MitigatedAnnual report
「In the compound semiconductor market in which we operate, investment related to AI is progressing, and demand, particularly for data centers, is expanding.」
In contrast to the previously reported cautious customer capital investment and delayed demand recovery, notes increased AI-related investment and expanding demand for data centers, with order intake also increasing sharply. - FY2025-H1WorsenedAnnual report
「Demand for smartphones, personal computers and other products remained weak, while recovery in demand for industrial equipment and automobiles was also delayed.」
In addition to continued weakness in smartphone and personal computer demand, notes the delayed recovery in demand for industrial equipment and automobiles, indicating that cautious customer capital investment has become more widespread across the market. - FY2024-Q3RestatedAnnual report
「In the semiconductor and other electronic components industry, component manufacturers' operating rates declined as demand for smartphones, personal computers and other products that had expanded during the COVID-19 pandemic slowed, and capital investment recently decelerated.」
Reiterates the decline in component manufacturers' operating rates and the slowdown in capital investment resulting from weaker smartphone and personal computer demand as customers' cautious capital investment. - FY2024-Q2RestatedAnnual report
「In the semiconductor and other electronic components industry, component manufacturers' operating rates declined as demand for smartphones, personal computers and other products that had expanded during the COVID-19 pandemic slowed, and capital investment recently decelerated.」
Describes the decline in component manufacturers' operating rates and the slowdown in capital investment resulting from weaker smartphone and personal computer demand as customers' continued cautious capital investment, following the previous quarter. - FY2024-Q1WorsenedAnnual report
「As demand for smartphones, personal computers and other products that had expanded during the COVID-19 pandemic slowed, component manufacturers' operating rates declined, and capital investment has recently decelerated.」
Notes the decline in component manufacturers' operating rates and the recent slowdown in capital investment resulting from weaker smartphone and personal computer demand. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
States that there have been no material changes in the previously disclosed business and other risks, including customers' cautious capital investment. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
States that there have been no material changes in the previously disclosed business and other risks, including customers' cautious capital investment. - FY2023-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in the previously disclosed business and other risks, including customers' cautious capital investment. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
States that there have been no material changes in the previously disclosed business and other risks, including customers' cautious capital investment. - FY2021-Q3MitigatedAnnual report
「Order intake, which had temporarily been sluggish in the latter half of the previous fiscal year due to the impact of the infectious disease, recovered substantially to ¥4,876 million in the nine months ended the third quarter, up 26.2% year on year. Order backlog at the end of the third-quarter accounting period was ¥2,894 million, up 69.4% year on year.」
Orders, which had been sluggish due to the impact of the infectious disease and customers' cautious capital investment, recovered substantially, and both order intake and order backlog exceeded the year-earlier levels. - FY2021-Q2MitigatedAnnual report
「Order intake, which had temporarily been sluggish in the latter half of the previous fiscal year due to the impact of the novel coronavirus disease, recovered to approximately the previous year's level at ¥3,058 million in the six months ended the second quarter, down 3.9% year on year. Order backlog at the end of the second-quarter accounting period was ¥2,316 million, down 1.0% year on year.」
Order intake, which had been sluggish in the latter half of the previous fiscal year, recovered to approximately the previous year's level, and the impact of customers' cautious capital investment and postponed projects was mitigated to a certain extent. - FY2021-Q1MitigatedAnnual report
「Order intake, which had declined in the third quarter of the previous fiscal year due to the impact of the novel coronavirus disease, recovered in the fourth quarter and reached ¥1,646 million in the first quarter, up 9.5% year on year. Order backlog at the end of the first-quarter accounting period was ¥2,460 million, up 0.8% year on year.」
From the latter half of the previous fiscal year, when customers' cautious capital investment and postponement of new projects had been reported, conditions improved to the point that order intake and order backlog exceeded the year-earlier levels. - FY2020WorsenedAnnual report
「Following the spread of the novel coronavirus disease, progress on new orders temporarily stopped. In addition, restrictions on working at the office, business travel and overseas travel following the declaration of a state of emergency caused order activity in the second half of the fiscal year to remain sluggish.」
Following the spread of the novel coronavirus disease, progress on new orders stopped, and restrictions on working at the office, business travel and overseas travel caused order activity in the second half of the fiscal year to remain sluggish. - FY2020-Q3WorsenedAnnual report
「From February, when the novel coronavirus disease began to spread, the tendency to postpone new orders intensified. In addition, restrictions on working at the office, business travel and overseas travel following the declaration of a state of emergency caused third-quarter order results to fall below the assumptions made at the start of the period.」
Following the spread of the novel coronavirus disease, the tendency to postpone new orders intensified, and order results fell below the assumptions made at the start of the period. - FY2020-Q2MitigatedAnnual report
「As a result, order intake for the six months ended the second quarter was ¥3,183 million, up 22.1% year on year, and order backlog at the end of the second quarter was ¥2,339 million, up 25.9% year on year, both showing solid trends.」
While customers' cautious capital investment and sluggish orders had previously been reported, both order intake and order backlog exceeded the year-earlier levels, and the order environment remained solid. - FY2020-Q1MitigatedAnnual report
「As a result, equipment orders increased in line with higher production at electronic component manufacturers, and first-quarter order intake remained solid at ¥1,503 million, up 7.0% year on year.」
Equipment orders increased in line with higher production at electronic component manufacturers, partially easing the previously reported cautious customer capital investment and sluggish orders. - FY2019RestatedAnnual report
「The impact of weak demand in the smartphone market and a slowdown in the Chinese economy due to US-China trade friction on the capital investment decisions of electronic component manufacturers, our major customers, caused order intake to remain sluggish.」
The impact on major customers' capital investment decisions and sluggish order intake continued throughout the fiscal year. - FY2019-Q3RestatedAnnual report
「However, the impact of weak demand in the smartphone market and a slowdown in the Chinese economy due to US-China trade friction on the capital investment decisions of electronic component manufacturers, our major customers, caused orders to remain sluggish even after the start of the third quarter.」
Weak smartphone demand and the slowdown in the Chinese economy affected the capital investment decisions of major customers, and sluggish orders continued into the third quarter. - FY2019-Q2WorsenedAnnual report
「However, orders remained sluggish because demand in the smartphone market was weak and the Chinese economy slowed due to the impact of US-China trade friction, temporarily reducing the capital investment appetite of electronic component manufacturers, our major customers.」
Against a backdrop of weak smartphone demand and a slowdown in the Chinese economy due to US-China trade friction, major customers temporarily reduced their appetite for capital investment, and orders remained sluggish. - FY2019-Q1MitigatedAnnual report
「As in the previous fiscal year, we focused on securing orders for manufacturing equipment for communications lasers in the optoelectronics field and high-frequency devices, MEMS and various sensors in the electronic components field. Orders and production remained solid in the first quarter.」
While the previously reported cautious approach to capital investment had resulted in sluggish orders, orders and production for multiple fields remained solid. - FY2018MitigatedAnnual report
「Sales discussions became more concrete for production equipment projects involving communications lasers and vertical-cavity surface-emitting lasers (VCSELs) in the optoelectronics field, as well as high-frequency devices, power devices, MEMS and various sensors in the electronic components field, and orders from multiple customers in Japan and overseas increased.」
In contrast to the previously reported cautious approach to capital investment, sales discussions became more concrete across multiple fields and with customers in Japan and overseas, and orders increased. - FY2018-Q3MitigatedAnnual report
「Business negotiations have taken concrete shape for production equipment projects involving communications lasers and vertical-cavity surface-emitting lasers (VCSELs) in the optoelectronics field, as well as high-frequency devices, power devices, MEMS and various sensors in the electronic components field. Orders from multiple customers in Japan and overseas have increased significantly, resulting in an order backlog of ¥2,747 million at the end of the cumulative third quarter, up 197.5% year on year.」
In contrast to the previously reported cautious approach to capital investment and postponement of projects, sales discussions became more concrete in multiple fields, and order backlog increased 197.5% year on year. - FY2018-Q2MitigatedAnnual report
「During the six months ended this second quarter, sales discussions became more concrete for production equipment projects involving communications lasers and vertical-cavity surface-emitting lasers (VCSELs) in the optoelectronics field, as well as high-frequency devices, power devices, MEMS and various sensors in the electronic components field. Orders from multiple customers in Japan and overseas increased substantially, and the order environment remained strong following the first quarter.」
In contrast to the previously reported cautious approach to capital investment and postponement of projects, sales discussions became more concrete in multiple fields and orders from multiple customers in Japan and overseas increased substantially. - FY2018-Q1MitigatedAnnual report
「Under these circumstances, sales discussions became more concrete for production equipment projects involving communications lasers and vertical-cavity surface-emitting lasers (VCSELs) in the optoelectronics field, as well as high-frequency devices, MEMS and various sensors in the electronic components field, and we secured orders from multiple customers.」
In contrast to the previously reported cautious approach to capital investment, sales discussions became more concrete in multiple fields and orders were secured from multiple customers. - FY2017WorsenedAnnual report
「In addition to slowing demand for capital investment in high-brightness LEDs, high-frequency devices and other electronic components that drove growth in the previous two fiscal years, the continued tendency to postpone new production equipment investment projects caused sales discussions for production equipment projects with multiple customers, which had been anticipated at the start of the period, to extend, and orders remained sluggish.」
Continued slower demand for capital investment and postponement of new projects have resulted in longer sales discussions with multiple customers and sluggish orders. - FY2017-Q3WorsenedAnnual report
「Our customers, including electronic component and device manufacturers, continue to require extended sales cycles because they are taking longer to assess orders from end users for multiple production equipment projects.」
Sales cycles have lengthened as customers assess end-user orders, and a cautious approach to capital investment decisions has continued. - FY2017-Q1WorsenedAnnual report
「Demand for capital investment in high-frequency devices, which had driven the market through the previous fiscal year, has slowed, and the impact of delays in new capital investment has kept current demand for capital equipment at a standstill.」
Notes that, in addition to the previously cited postponement of investment decisions, demand for capital equipment has reached a standstill due to slower demand for capital investment in high-frequency devices and delays in new capital investment. - FY2016RestatedAnnual report
「However, amid concerns about the outlook due to the maturation of the Chinese market and the slowdown in emerging markets, some companies have been postponing investment decisions.」
Continues to note the postponement of investment decisions due to concerns about the outlook for China and emerging markets. - FY2016-Q3First statedAnnual report
「However, amid concerns about the outlook due to the maturation of the Chinese market and the slowdown in emerging markets, some companies have been postponing investment decisions. Although a cautious stance toward investment in production facilities in Taiwan, China and South Korea has continued, capital investment related to new technology development and commercialization has become more active in North America, where the economic recovery is continuing.」
Notes that some companies have postponed investment decisions and maintained a cautious stance toward capital investment in Taiwan, China and South Korea, while also noting increased capital investment in North America.