Shortages and Price Increases for Raw Materials and Parts, and Supply Chain Disruptions
First written in FY2016. 5 of 22 entries say "Restated". Latest entry: 2026-07-29.
Hitachi moved to the "Worse" side of this theme in 2018, 3 years before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 32 of 50 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2025RestatedAnnual report
「The Group is implementing measures including building close relationships with multiple procurement partners, promoting a local production-for-local-consumption strategy for products and services, reducing price volatility risk through long-term contracts and other measures, establishing business continuity plans (BCPs), and leveraging and strengthening procurement functions across the Group.」
The Group continues to address supply chain risks through a combination of multiple sourcing, local production for local consumption, long-term contracts, BCPs and stronger procurement functions. - FY2024-Q3MitigatedAnnual report
「Revenue decreased 15% year on year to ¥1.1643 trillion. Although there were positive factors such as the gradual recovery in automakers' production volumes and the resolution of the semiconductor shortage, the transfer of part of the shares in 日立Astemo㈱ in October 2023 resulted in 日立Astemo㈱, which had previously been included in the Automotive Systems segment, becoming an equity-method affiliate of the Company.」
The resolution of the semiconductor shortage and the recovery in automakers' production volumes were cited as factors behind higher revenue, partly alleviating the impact of supply constraints. - FY2024-Q2MitigatedAnnual report
「Revenue increased 17% year on year to ¥1.0352 trillion, due to the gradual recovery in automakers' production volumes, the resolution of the semiconductor shortage and the rebound from the impact of China's lockdowns in the same period of the previous year.」
In Automotive Systems, the resolution of the semiconductor shortage was cited as a factor behind higher revenue, while the impact of supply constraints was partly alleviated. - FY2024-Q1MitigatedAnnual report
「Revenue increased 27% year on year to ¥494.1 billion, due to foreign exchange movements, the rebound from the impact of China's lockdowns in the same period of the previous year, and the resolution of the semiconductor shortage.」
In Automotive Systems, the resolution of the semiconductor shortage was cited as a factor behind higher revenue, while the impact of supply constraints was partly alleviated. - FY2023-Q3RestatedAnnual report
「Revenue increased 20% year on year to ¥1.3772 trillion, despite negative factors such as lower operating rates resulting from the semiconductor shortage and supply chain disruptions in China, due to the impact of foreign exchange movements and the gradual recovery in automakers' production volumes. Adjusted EBITA increased ¥2.5 billion year on year to ¥39.8 billion, despite the negative impact of higher raw material prices, due to higher revenue and other factors.」
The semiconductor shortage, supply chain disruptions in China and higher raw material prices continued to be cited as factors behind lower revenue and profit in Automotive Systems. Overall revenue and Adjusted EBITA increased, supported by the recovery in production volumes and other factors. - FY2023-Q1WorsenedAnnual report
「Adjusted EBITA deteriorated by ¥17.8 billion year on year to a loss of ¥4.6 billion, despite higher revenue, due mainly to lower operating rates caused by lockdowns in China and soaring component prices.」
In addition to China's lockdowns, soaring component prices deteriorated Adjusted EBITA in the Automotive Systems business by ¥17.8 billion year on year, resulting in a loss of ¥4.6 billion. The impact of supply and price risks has materialised. - FY2022WorsenedAnnual report
「The COVID-19 pandemic has caused a deterioration in the global economy through restrictions on movement and production activity, declines in personal consumption and capital investment, soaring raw-material prices and semiconductor shortages resulting from supply-chain disruptions, and inflation caused by supply constraints, thereby worsening the Group's business, financial position and operating results.」
Regarding supply-chain risks, the company identified semiconductor shortages, inflation and COVID-19-related supply constraints, in addition to the previously identified supply shortages and soaring prices, as specific impacts. - FY2022-Q3RestatedAnnual report
「Adjusted operating profit improved by ¥34.6 billion year on year to a profit of ¥34.5 billion, despite the impact of production cuts by automakers due to semiconductor shortages and soaring component prices, mainly due to higher revenue.」
Production cuts by automakers due to semiconductor shortages and soaring component prices continued to be cited as factors affecting performance. Meanwhile, adjusted operating profit improved due to higher revenue and other factors. - FY2022-Q2WorsenedAnnual report
「Adjusted operating profit improved by ¥41.0 billion year on year to a profit of ¥22.3 billion, despite the impact of production cuts by automakers due to semiconductor shortages and soaring component prices, mainly due to higher revenue.」
Production cuts by automakers due to semiconductor shortages and soaring component prices materialised as specific factors reducing revenue and putting downward pressure on earnings in the Automotive Systems business. - FY2021RestatedAnnual report
「To address these risks, the Group is building close relationships with multiple suppliers, promoting a local production and consumption strategy for products and services to respond appropriately to regional demand fluctuations, strengthening its ability to respond to business interruption risks by developing business continuity plans (BCPs) at its domestic and major overseas sites, and using and strengthening procurement functions across the Group. It is also conducting self-assessments using questionnaires, audits and awareness-building initiatives to prevent legal violations and other issues at suppliers.」
In response to the risks of supply shortages, soaring prices and supply-chain disruptions, the company disclosed multiple sourcing, local production and consumption, BCPs and supplier audits as countermeasures. - FY2020MaterialisedAnnual report
「The global spread of COVID-19 has caused lockdowns, restrictions and restraints on movement, closures of business sites, constraints on production activity, declines in personal consumption and capital investment, and supply-chain disruptions, leading to a deterioration in the global economy and adversely affecting the Group's business, financial position and operating results.」
Production constraints and supply-chain disruptions associated with the infectious disease materialised as impacts on the Group's business, financial position and operating results. - FY2019MaterialisedAnnual report
「Due to increases in selling prices linked to soaring raw-material prices at 日立金属㈱,」
Soaring raw-material prices were reflected in business performance as a factor driving higher selling prices, and the risk of fluctuations in procurement prices remains apparent. - FY2019-Q3MaterialisedAnnual report
「Adjusted operating profit decreased by ¥11.1 billion year on year to ¥82.0 billion, due to changes in the product mix and the impact of soaring raw-material prices at 日立化成㈱, as well as lower demand for factory-automation-related materials and semiconductor and electronics materials at 日立金属㈱.」
Soaring raw-material prices continued to materialise as a factor reducing adjusted operating profit in the High-Performance Materials segment by ¥11.1 billion year on year. - FY2019-Q2MaterialisedAnnual report
「Adjusted operating profit decreased by ¥3.3 billion year on year to ¥57.8 billion, due mainly to changes in the product mix and the impact of soaring raw-material prices at 日立化成㈱.」
Soaring raw-material prices materialised as a factor behind the decline in adjusted operating profit in the High-Performance Materials segment. - FY2017RestatedAnnual report
「Shortages of raw materials, components and services could cause prices to rise sharply.」
Supply shortages, soaring prices, foreign exchange, market prices and natural disasters continue to be identified as risks to the supply chain. - FY2016First statedAnnual report
「Shortages of raw materials, components and services could cause prices to rise sharply.」
The company is addressing this by securing multiple suppliers and building close relationships with them, while identifying natural disasters, excess demand, market prices and foreign exchange fluctuations as potential impacts.