Risk of Declining Demand for Automobiles, Semiconductors, LCDs and Other Products
First written in FY2016. 12 of 35 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2027-H1.
YASKAWA Electric moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 36 of 68 companies on the "Worse" side.
22 other companies' latest entry also says "Other".
- FY2027-H1Signs of recovery in AI semiconductor and automotive demand coexistAnnual report
「Although the operating environment for the Company's Group during the interim consolidated accounting period continued to be affected by geopolitical risks, including the situation in the Middle East, demand for capital investment remained strong, particularly in data centers and semiconductors, driven by AI-related investment. Demand for automation in general industry also remained firm.」
Demand for data centers and semiconductors driven by AI-related investment was strong, and demand for automation in general industry remained firm. Meanwhile, demand continued to diverge by end market, with cautious investment attitudes remaining in some regions of the automotive market. - 2026-10-09OtherRevision of earnings forecasts
「Capital investment demand centered on data centers and semiconductors remained strong. Automation demand in general industry also remained firm.」
Demand in semiconductors and general industry remained solid, while cautious investment attitudes continued in the automotive market in some regions, resulting in a mix of strengths and weaknesses by market. - FY2026Divergence between demand for AI semiconductors and automotive demandAnnual report
「Amid continued overall uncertainty due to geopolitical risks and U.S. tariff policies, investment projects in areas including the automotive market were postponed or reconsidered, while signs of recovery emerged in markets centered on semiconductors.」
Trends in major demand industries were not uniform, with investment postponements and revisions in the automotive market coexisting with a recovery in the semiconductor market driven by AI-related investment. - FY2026-H1Divergent demand by market and regionAnnual report
「Amid continued overall uncertainty due to geopolitical risks and U.S. tariff policies, demand in the global semiconductor market became increasingly concentrated in AI-related investment. On the other hand, demand for capital investment remained firm in the domestic electronic components market and in the automotive markets of China and South Korea. Demand for automation in general industrial applications also remained solid globally.」
While semiconductor demand became increasingly concentrated in AI-related investment, demand for domestic electronic components, automobiles in China and South Korea, and automation in general industry remained firm, with strength and weakness coexisting across markets. - FY2025WorsenedAnnual report
「During the fiscal year, the operating environment for our Group remained characterized by a lack of momentum in the recovery of the semiconductor and automotive markets, which are important focus markets for the company.」
The lack of momentum in the recovery of the semiconductor and automotive markets became a factor behind the full-year declines in revenue and profit. - FY2025-H1WorsenedAnnual report
「On the other hand, although demand for semiconductors and electronic components was on a recovery trend, the recovery was slower than expected. Demand for capital investment across the manufacturing sector was generally solid, but demand in China was weaker than expected.」
The recovery in demand for semiconductors and electronic components was slower than expected, and demand for capital investment in China was also weak. The risk of declining demand, which had eased partially in the previous fiscal year, was weakening again by market. - FY2025-Q1MitigatedAnnual report
「During the first 3 months of the fiscal year, demand for semiconductors and electronic components moved gradually toward recovery, while demand for capital investment aimed at upgrading and automating production remained firm in automotive-related businesses and across the manufacturing sector.」
Demand for semiconductors and electronic components moved toward recovery, and automation investment in automotive-related businesses and across the manufacturing sector was also described as firm, partially easing the risk of weak demand seen in the previous fiscal year. - FY2024WorsenedAnnual report
「During the fiscal year, capital investment aimed at upgrading and automating production remained solid across the manufacturing sector, while demand for semiconductors and electronic components remained soft.」
While automation investment remained solid, weak demand for semiconductors and electronic components continued to pose a full-year demand risk. Inventory adjustments in Japan, weak semiconductors in the United States, an economic slowdown in Europe, and sluggish demand in China were also cited. - FY2024-Q3WorsenedAnnual report
「During the first 9 months of the fiscal year, capital investment aimed at upgrading and automating production remained solid across the manufacturing sector, while demand for semiconductors and electronic components remained in an adjustment phase.」
While automation investment remained solid, the adjustment in demand for semiconductors and electronic components continued, and weakness became evident by market and region, including semiconductor inventory adjustments in Japan, weak semiconductors in the United States, an economic slowdown in Europe, and sluggish demand growth in China. - FY2024-Q2Weak demand in semiconductors and China coexisting with automation investmentAnnual report
「During the second quarter, capital investment aimed at upgrading and automating production remained solid across the manufacturing sector. On the other hand, demand for semiconductors and electronic components remained weak, and a slowdown in the recovery of the Chinese market caused capital investment to stagnate, leading to a more cautious stance globally.」
While automation investment across the manufacturing sector remained solid, demand for semiconductors and electronic components and capital investment in China were weak, and demand continued to diverge by market and region. - FY2024-Q1Divergent demand by region and marketAnnual report
「During the first quarter, demand for semiconductors and electronic components remained weak, but capital investment aimed at upgrading and automating production continued across the manufacturing sector globally.」
While demand for semiconductors and electronic components was weak, investment in automation across the manufacturing sector continued. Demand remained firm in the United States and Europe, capital investment in China recovered gradually, while capital investment in Asia excluding China remained sluggish, and divergence by market and region continued. - FY2023-Q3RestatedAnnual report
「Demand remained high, particularly in the United States and Japan, and investment related to EV adoption and lithium-ion batteries expanded strongly worldwide in the automotive market. In China, however, capital investment remained sluggish due to lockdowns and the impact of the zero-COVID policy associated with the spread of COVID-19.」
While growth demand for EVs, lithium-ion batteries, semiconductors and electronic components expanded, regional and market divergence continued, with capital investment remaining sluggish in China due to lockdowns and other factors. - FY2023-Q2Global growth demand coexisting with weak capital investment in ChinaAnnual report
「Demand related to EV adoption and lithium-ion batteries continued to expand globally, while capital investment was robust in the semiconductor and electronic components markets, particularly in the United States. In China, although there were signs of normalization from lockdowns associated with the spread of COVID-19, capital investment had not yet reached a full-fledged recovery.」
Demand and capital investment expanded in EVs, lithium-ion batteries, and U.S. semiconductors and electronic components, while China did not achieve a full recovery in capital investment, and regional divergence in demand risk continued. quantified is false, materialized is true. - FY2023-Q1WorsenedAnnual report
「China: Demand for automotive-related products driven by the acceleration of EV adoption and for new infrastructure-related products, including lithium-ion batteries and solar panels, remained firm. However, capital investment stagnated after being heavily affected by lockdowns related to the COVID-19 pandemic.」
While demand for EVs and new infrastructure remained firm, China's capital investment stagnated due to lockdowns, and regional trends in key demand industries deteriorated. quantified is false, materialized is true. - FY2022MitigatedAnnual report
「During the fiscal year, global normalization from the COVID-19 pandemic progressed, and capital investment aimed at upgrading and automating production was robust across the manufacturing sector.」
Demand for automobiles, semiconductors and electronic components expanded, easing the risk of declining capital investment that had become apparent in the previous fiscal year. - FY2022-Q2MitigatedAnnual report
「Demand remained generally high as the automotive, semiconductor and electronic components markets expanded globally, while investment in new infrastructure, including 5G and new energy-related projects, continued in China.」
The company described global market expansion and a recovery in capital investment for demand in automobiles, semiconductors and other areas that had previously been weak, easing the risk of declining demand compared with the previous fiscal year. - FY2022-Q1MitigatedAnnual report
「During the first quarter, the operating environment for our Group saw global normalization from the COVID-19 pandemic progress, and capital investment across the manufacturing sector recovered strongly.」
The company explained that, in contrast to the global caution over capital investment that had become apparent in the previous fiscal year, capital investment across the manufacturing sector recovered strongly during the quarter. - FY2021Regional recovery coexisting with declining demandAnnual report
「Manufacturing capital investment was restrained, particularly in the first half, due to the global spread of COVID-19. In China, however, production normalized at an early stage and investment related to new infrastructure was robust. In addition, signs of increased capital investment emerged as demand recovered globally toward the end of the fiscal year, particularly in the automotive and semiconductor markets.」
While capital investment restraint continued globally in the first half, recovery was seen toward the end of the fiscal year in China, semiconductors and automobiles, and demand trends continued to diverge by region and market. - FY2021-Q3Recovery is diverging by regionAnnual report
「During the first 9 months of the fiscal year, the operating environment for our Group was affected in the first half by the global spread of COVID-19, and capital investment was restrained worldwide. In China, however, production normalized at an early stage, investment related to new infrastructure was robust, and demand remained firm as the automotive market also improved. Toward the second half, signs of recovery were also seen in some regions outside China, including Europe.」
While capital investment restraint continued globally, China's demand recovery coexisted with a recovery in some regions, including Europe, resulting in divergent demand trends by region. - FY2021-Q2RestatedAnnual report
「The operating environment for our group in the second quarter was challenging, as the impact of the global spread of the novel coronavirus continued to prompt companies worldwide to restrain capital investment.」
Against a backdrop of the COVID-19 pandemic and divergent demand by region, global capital investment remains cautious. - FY2021-Q1WorsenedAnnual report
「The operating environment for our group in the first quarter was challenging overall. Although some markets, including the US oil and gas market, remained firm, companies globally showed a cautious stance toward capital investment due to the postponement of investment across the semiconductor market and the expanding impact of trade friction between the US and China.」
Caution toward capital investment globally continued due to the postponement of investment in the semiconductor market, trade friction between the US and China, and the impact of the novel coronavirus. - FY2020WorsenedAnnual report
「The operating environment for our group during the consolidated fiscal year became increasingly cautious toward capital investment globally due to the expanding impact of prolonged trade friction between the US and China, among other factors.」
Restraints on capital investment, particularly in China and Asia, spread globally and materialized as lower sales and deteriorating profit in the motion-control and robotics businesses. - FY2020-Q3WorsenedAnnual report
「The operating environment for our group in the third quarter was challenging overall. Although some markets, including Japan's automotive market and the US oil and gas market, remained firm, the prolonged trade friction between the US and China expanded its impact and strengthened the cautious stance toward capital investment globally.」
The risk of declining demand expanded globally, including stagnation in capital investment outside the US, weakness in Europe's automotive sector and declining semiconductor investment centered on South Korea, particularly in motion control in China and Asia. - FY2020-Q2WorsenedAnnual report
「Although signs of a recovery emerged at the beginning of the period due to China's economic policies, the operating environment became challenging overall as the prolonged trade friction between the US and China expanded its impact and the postponement of semiconductor-related investment strengthened the cautious stance toward capital investment globally.」
In addition to trade friction involving China and the postponement of semiconductor-related investment, restraints on capital investment in Europe's automotive sector and Asia's semiconductor sector strengthened the risk of a global decline in demand. - FY2020-Q1WorsenedAnnual report
「The operating environment for our group in the first quarter was challenging overall. Although some markets, including the US oil and gas market, remained firm, companies globally showed a cautious stance toward capital investment due to the postponement of investment across the semiconductor market and the expanding impact of trade friction between the US and China.」
The postponement of investment across the semiconductor market and the expanding impact of trade friction between the US and China led to increasing caution toward capital investment globally. - FY2019WorsenedAnnual report
「In addition to a sharp slowdown in capital investment demand related to smartphones and semiconductors from the middle of the period, moves to restrain capital investment across China's manufacturing sector, partly due to the impact of trade friction between the US and China, caused both revenue and operating profit to stagnate.」
The sharp slowdown in smartphone- and semiconductor-related demand and restraint on capital investment across China's manufacturing sector resulted in stagnant revenue and operating profit. - FY2019-Q3WorsenedAnnual report
「China: While growth markets such as EV-related markets remained firm, demand related to smartphones, which had been strong in the previous fiscal year, declined. In addition, the impact of trade friction between the US and China led to moves to curb capital investment across the manufacturing sector.」
While smartphone-related demand and capital investment across the manufacturing sector weakened, demand such as that related to EVs remained firm, with demand continuing to diverge by end market. - FY2019-Q2Weakening demand coexisted with automation and EV demandAnnual report
「In addition to signs of a pause in smartphone-related demand, capital investment related to semiconductors weakened from the second half of the period. Meanwhile, capital investment aimed at automating production equipment and reducing labor requirements continued, and demand related to automobiles, including EVs (electric vehicles), remained at a high level.」
While demand related to smartphones and semiconductors weakened, investment in automation and labor-saving measures and demand related to automobiles, including EVs, remained at high levels, with demand continuing to diverge by end market. - FY2019-Q1Shift in sources of demandAnnual report
「China: Although demand for capital investment related to smartphones showed signs of pausing, demand for lithium-ion batteries, home appliances and other products expanded against a backdrop of the upgrading and automation of production equipment in the manufacturing sector.」
While smartphone-related demand paused, capital investment demand for lithium-ion batteries, home appliances and other products expanded, indicating a divergence in sources of demand. - FY2018-Q3RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The group disclosed that there had been no new occurrence or material change concerning business and other risks. - FY2017RestatedAnnual report
「Sales of our group's products are significantly affected by economic conditions in Japan, the Americas, Europe and Asia, particularly China, where our products are sold, as well as capital investment and production trends in the automotive, semiconductor and liquid-crystal industries, which are the main sources of demand.」
The group continues to disclose demand risk arising from dependence on regional economies and capital investment and production trends in the automotive, semiconductor, liquid-crystal and other industries. - FY2017-Q4Firm demand and weakness coexistedAnnual report
「Sales remained firm as strong capital investment demand related to smartphones and automobiles, particularly in China, continued.」
Demand related to smartphones and automobiles in China remained firm, while weak demand continued in the US oil and gas market and Japan's solar-related market. - FY2017-Q3Recovery and delays coexistedAnnual report
「Sales remained firm on strong capital investment demand related to smartphones and automobiles, particularly in China. However, revenue declined year on year due to the foreign-exchange impact of yen appreciation.」
While capital investment demand related to smartphones and automobiles in China remained firm, the delay in demand recovery in China's robotics market persisted, showing divergent demand trends. - FY2017-Q2Recovery diverged by industry and regionAnnual report
「Capital investment demand related to smartphones and automobiles, particularly in China, recovered from the end of the previous fiscal year, and sales to the semiconductor, electronic-components and machine-tool markets remained firm. However, revenue declined from the same period of the previous year due to the foreign-exchange impact of yen appreciation.」
While capital investment demand related to smartphones and automobiles recovered, demand recovery in China was delayed in the robotics market, showing that demand trends diverged by industry and region. - FY2016First statedAnnual report
「A decline in demand from these industries could adversely affect the performance and financial condition of our group.」
The group disclosed as a risk the fact that demand for its main products is affected by trends in the semiconductor, automotive, liquid-crystal and electronic-components-related industries.