Sales, Supply and Geopolitical Risks Associated with Overseas Expansion
First written in FY2016. 12 of 34 entries say "Restated". Latest entry: 2026-10-07.
Ckd moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 38 of 76 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- 2026-10-07RestatedEarnings
「During the first quarter of the fiscal year under review, the global economy remained uncertain, amid concerns about the impact on economic conditions of heightened geopolitical risks associated with escalating tensions in the Middle East, fluctuations in interest rates and foreign exchange rates, and policy developments in various countries.」
Factors contributing to uncertainty, including the situation in the Middle East, fluctuations in interest rates and foreign exchange rates, and policies in various countries, continued to be cited. - FY2026WorsenedAnnual report
「Regarding the outlook and policy for the next fiscal year, we expect uncertainty about the global economy to persist, owing to increased geopolitical risks associated with heightened tensions in the Middle East, as well as the impact on economic conditions of fluctuations in interest rates and foreign exchange rates and policy developments in various countries.」
Regarding external risks to the overseas business, the company explicitly identifies the situation in the Middle East, interest-rate and foreign-exchange fluctuations, and the impact of policies in various countries, in addition to the existing geopolitical, regulatory and economic factors, as sources of uncertainty for the next fiscal year. - 2026-05-15WorsenedEarnings
「The global economy is expected to remain uncertain, owing to such factors as heightened geopolitical risks associated with escalating tensions in the Middle East, fluctuations in interest rates and foreign exchange rates, and the impact of policy developments in various countries on economic conditions.」
The Company has clearly identified the uncertainty surrounding the outlook arising from escalating tensions in the Middle East, fluctuations in interest rates and foreign exchange rates, and policy developments in various countries. - FY2026-H1RestatedAnnual report
「Overseas, China remained firm as domestic demand in the semiconductor market increased and efforts to domestically produce semiconductors and semiconductor manufacturing equipment accelerated further.」
While uncertainty related to geopolitical risks and other factors persists, firm demand and sales trends in overseas markets such as China, Taiwan and Singapore have been reconfirmed. - FY2025MitigatedAnnual report
「In overseas markets, sales increased in China, where the domestic production of semiconductor manufacturing equipment is advancing; South Korea and Taiwan, where HBM-related investment was strong; and Singapore, which has become an important supply hub for semiconductors and semiconductor manufacturing equipment.」
Regarding overseas markets, where sales had continued to decline across a broad range of regions in the previous fiscal year, it is stated that sales turned to growth in China, South Korea, Taiwan, Singapore and other markets. - FY2025-H1MitigatedAnnual report
「In overseas markets, sales increased in China, where the domestic production of semiconductor manufacturing equipment is advancing; South Korea, where HBM-related investment was strong; and Singapore and Malaysia, which have become important supply hubs for semiconductors and semiconductor manufacturing equipment.」
Regarding overseas markets, where sales had continued to decline across a broad range of regions through the previous fiscal year, it is stated that sales increased in China, South Korea, Singapore and Malaysia. - FY2024WorsenedAnnual report
「In the Equipment segment, domestic sales for semiconductor manufacturing equipment declined against a backdrop of prolonged inventory adjustments for finished products and components accompanying lower demand for PCs and smartphones following the reversal of pandemic-driven demand. Overseas sales likewise declined in each region, including North America and East Asia, where demand for semiconductor capital investment fell; Europe, the United States and China, where the manufacturing sector remained in an adjustment phase; and Southeast Asia, which was affected by the economic slowdown.」
Risks in the external environment associated with overseas expansion were reflected throughout the year in lower sales in North America, East Asia, Europe, the United States, China and Southeast Asia, owing to weaker semiconductor demand, manufacturing-sector adjustments and the economic slowdown. - FY2024-Q3WorsenedAnnual report
「In overseas markets, sales declined in each region, including East Asia, including China, where demand in the semiconductor market fell; Europe, the United States and China, where weakness continued in manufacturing; and Southeast Asia, which was affected by the economic slowdown.」
Sales continued to decline in each of the overseas regions of East Asia, Europe, the United States, China and Southeast Asia, with the deterioration in the external environment for the overseas business reflected in results across a broad range of regions. - FY2024-Q2WorsenedAnnual report
「In overseas markets, sales declined in each region, including South Korea and Taiwan, where demand in the semiconductor market fell; Europe, the United States and China, where weakness continued in manufacturing; and Southeast Asia, which was affected by the economic slowdown.」
Sales declined in South Korea, Taiwan, Europe, the United States, China and Southeast Asia, with the deterioration in the external environment for the overseas business reflected in results across a broad range of regions. - FY2024-Q1WorsenedAnnual report
「In overseas markets, sales in China increased significantly due to the rebound from the lockdowns a year earlier. Meanwhile, sales declined in South Korea and Taiwan, where demand in the semiconductor market decreased, in Europe and the United States, where weakness continued in manufacturing, and in Southeast Asia, which was affected by the economic slowdown.」
Sales increased in China, while sales declined in South Korea, Taiwan, Europe and the United States, and Southeast Asia, due to semiconductor demand, prolonged weakness in manufacturing and the economic slowdown. - FY2023WorsenedAnnual report
「The Group’s operating performance and financial position may be affected if efforts to develop new customers in overseas markets and establish sales and supply systems do not proceed as planned, if social disruption spreads due to government regulations, changes in economic conditions, infrastructure disruptions, geopolitical risks or unforeseen events such as emergencies, terrorism, natural disasters and epidemics, or if US-China trade friction worsens.」
The company continues to broadly identify uncertainties related to overseas expansion, including geopolitical risks and US-China trade friction, as well as government regulations, emergencies and infectious diseases. - FY2023-Q2MitigatedAnnual report
「In overseas markets, sales increased in China, where conditions were moving toward normalization from lockdowns affecting production activity, and in South Korea and Taiwan, where semiconductor capital investment remained firm. Sales also increased in Europe and the United States and Southeast Asia, where recovery from the COVID-19 pandemic continued.」
Overseas sales increased in China, South Korea, Taiwan, Europe and the United States, and Southeast Asia, indicating that overseas market conditions improved from the decline in sales in China reported in the previous quarter. - FY2023-Q1MaterialisedAnnual report
「In overseas markets, sales in China declined year on year from the high-demand level of the same period of the previous year, but remained at a high level. Meanwhile, sales increased in South Korea and Taiwan, where semiconductor capital investment remained firm, in Europe and the United States, where economic activity was recovering, and in Southeast Asia, where activity restrictions had been eased.」
While sales in China declined year on year, sales increased in South Korea, Taiwan, Europe and the United States, and Southeast Asia, with differences in the external environment by region appearing in the overseas business results. - FY2022WorsenedAnnual report
「Although the global economy in the next fiscal year remains highly uncertain due to the prolonged spread of COVID-19 and heightened geopolitical risks, including the Russia-Ukraine issue,」
In addition to the conventional risks associated with overseas expansion, the company explicitly identifies heightened geopolitical risks, including the Russia-Ukraine issue. - FY2022-Q2RestatedAnnual report
「In overseas markets, sales increased in China, where capital investment continued across the manufacturing sector, and in South Korea and Taiwan, where semiconductor capital investment remained firm. Sales also increased in Europe and the United States, which were recovering from the COVID-19 pandemic, and in Southeast Asia, where demand remained firm despite continuing activity restrictions.」
States that sales increased in China, South Korea, Taiwan, Europe and the United States, and Southeast Asia, reconfirming the recovery across regions. - FY2022-Q1Recovery across overseas marketsAnnual report
「In overseas markets, sales increased in China, where capital investment continued across the manufacturing sector, and in South Korea and Taiwan, where semiconductor capital investment remained firm. Sales also increased in Europe and the United States, which were recovering from the COVID-19 pandemic, and in Southeast Asia, where some activity restrictions had been eased.」
States that sales increased in China, South Korea, Taiwan, Europe and the United States, and Southeast Asia, in contrast to the weakness in overseas demand that had become apparent in China, Southeast Asia and other regions through the previous fiscal year. - FY2021-Q3RestatedAnnual report
「In overseas markets, sales increased in China, where production activity across the manufacturing sector was normalizing, and in South Korea and Taiwan, where semiconductor capital investment remained firm. Meanwhile, sales in Southeast Asia declined due to the spread of COVID-19.」
In overseas markets, recovery in China, South Korea and Taiwan coexisted with declining sales in Southeast Asia, and region-specific external environmental risks continued to appear in the results. - FY2021-Q2MaterialisedAnnual report
「In overseas markets, sales increased in China, where production activity across the manufacturing sector was normalizing, and in South Korea and Taiwan, where semiconductor capital investment remained firm. Meanwhile, sales in Southeast Asia declined due to the spread of COVID-19.」
In the overseas business, sales increased in China, South Korea and Taiwan, while sales in Southeast Asia declined due to the spread of COVID-19, with region-specific external environmental risks appearing in the results. - FY2021-Q1MaterialisedAnnual report
「In overseas markets, sales increased in China, where production activity across the manufacturing sector was normalizing, and in South Korea, where semiconductor capital investment remained firm. Meanwhile, sales in Southeast Asia declined due to the spread of COVID-19.」
While conditions improved in China and South Korea, sales in Southeast Asia declined due to the spread of COVID-19, with the impact on overseas operations appearing differently by region in the results. - FY2020WorsenedAnnual report
「If US-China trade friction or Japan’s export control issues concerning South Korea worsen, the Group’s operating performance and financial position may be affected.」
In addition to the previously identified regulatory, economic and geopolitical risks associated with overseas expansion, the company explicitly identifies Japan’s export control issues concerning South Korea, broadening the scope of external risks affecting its overseas business. - FY2020-Q3MaterialisedAnnual report
「In the domestic market, sales of semiconductor manufacturing equipment declined significantly due to postponed memory-related capital investment, while sales to machine tool manufacturers declined significantly due to the slowdown in the Chinese economy. As in Japan, overseas markets were affected by postponed semiconductor capital investment and slowing automation investment in China, resulting in lower sales.」
Risks related to capital investment and the Chinese economy associated with overseas expansion continue to materialize as postponed semiconductor capital investment, slowing automation investment in China and lower sales. - FY2020-Q2MaterialisedAnnual report
「As in Japan, overseas markets were affected by postponed semiconductor capital investment and slowing automation investment in China, resulting in lower sales.」
Risks related to capital investment and the Chinese economy associated with overseas expansion have materialized as postponed semiconductor capital investment, slowing automation investment in China and lower sales. - FY2020-Q1MaterialisedAnnual report
「As in Japan, overseas markets were affected by delays in semiconductor capital investment and slowing automation investment in China, resulting in lower sales.」
Delays in semiconductor capital investment and slowing automation investment in China occurred in overseas markets, appearing in the results as lower sales. - FY2019MaterialisedAnnual report
「Although sales in overseas markets grew strongly in the first half, they declined from the third quarter onward due to lower semiconductor capital investment in the second half, in addition to the impact of slowing automation investment in China.」
Risks related to economic conditions and fluctuations in capital investment associated with overseas expansion have materialized in the results as slower automation investment in China and declining overseas sales. - FY2019-Q3WorsenedAnnual report
「In China, growth slowed moderately as infrastructure investment growth decelerated due to government restraint measures, while companies took a cautious approach to capital investment amid the effects of trade friction with the United States.」
In addition to the conventional risks associated with overseas expansion, the economic environment explicitly includes slowing growth in China and more cautious capital investment due to US-China trade friction. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the previously disclosed risks associated with overseas expansion, including sales, supply, regulations and economic conditions. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the previously disclosed risks associated with overseas expansion, including sales, supply, regulations and economic conditions. - FY2018RestatedAnnual report
「The Group operates globally, including in Japan, Asia, North America and Europe, and will continue to promote globalization and strengthen its overseas production and sales systems.」
Continues to disclose risks related to overseas sales and supply systems, regulations, economic conditions, infrastructure, war, terrorism, natural disasters and epidemics. The outlook for the next fiscal year also refers to trade friction and geopolitical risks. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the previously disclosed risks associated with overseas expansion, including sales, supply, regulations and economic conditions. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks associated with overseas expansion, including sales, supply, regulations and economic conditions. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks associated with overseas expansion, including sales, supply, regulations and economic conditions. - FY2017RestatedAnnual report
「The Group operates globally, including in Japan, Asia, North America and Europe, and will continue to promote globalization and strengthen its overseas production and sales systems. The Group’s operating performance and financial position may be affected if efforts to develop new customers in overseas markets and establish sales and supply systems do not proceed as planned, or if social disruption spreads due to government regulations, changes in economic conditions, infrastructure disruptions or unforeseen events such as war, terrorism, natural disasters and epidemics.」
While continuing to strengthen its overseas production and sales systems, the company continues to disclose risks related to sales and supply systems, regulations, economic conditions, infrastructure, geopolitical events and natural disasters. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the previously disclosed risks, including sales, supply and geopolitical risks associated with overseas expansion. - FY2016First statedAnnual report
「The Group’s operating performance and financial position may be affected if efforts to develop new customers in overseas markets and establish sales and supply systems do not proceed as planned, or if social disruption spreads due to government regulations, changes in economic conditions, infrastructure disruptions or unforeseen events such as war, terrorism, natural disasters and epidemics.」
While promoting globalization, the company identifies overseas sales and supply systems, regulations, economic conditions, infrastructure and unforeseen events as risks.