Sharp Slowdown in Capital Investment Demand in the Semiconductor Industry
First written in FY2019. 13 of 19 entries say "Mitigated", first in FY2021-Q1. Latest entry: 2026-11-06.
The whole theme swung hardest in 2019: 16 of 25 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- 2026-11-06MitigatedResults
「Business remained strong due to favorable conditions in the semiconductor market resulting from increased AI-related demand and continued demand for defense-related equipment.」
The description of the semiconductor market changed from slowing recovery in the previous disclosure to favorable conditions driven by AI-related demand. Orders received for clean transfer systems also increased 108.6% year on year. - FY2027-H1MitigatedAnnual report
「The Clean Transport Systems business recorded orders of ¥25,595 million, up 108.6% year on year, owing to increased demand amid strong conditions in the semiconductor manufacturing equipment market.」
Risks from a sharp slowdown in demand for semiconductor capital investment and inventory adjustments were significantly reduced by strong conditions in the semiconductor manufacturing equipment market and a 108.6% year-on-year increase in orders in the Clean Transport Systems business. - 2026-08-07MitigatedResults
「Business remained strong due to favorable conditions in the semiconductor market resulting from increased AI-related demand and continued demand for defense-related equipment.」
The description of semiconductor capital investment demand changed from the sluggish recovery noted in the previous disclosure to favorable conditions driven by AI-related demand. - FY2026MitigatedAnnual report
「Overall business conditions remained firm, with signs of a strengthening recovery in demand for capital investment in AI-related semiconductors from the fourth quarter onward.」
Regarding capital investment demand in the semiconductor industry, the company changed its explanation from inventory adjustments and sluggish demand through the previous fiscal year to a recovery in AI semiconductor-related investment from the fourth quarter onward, with orders received for clean transport systems also increasing 9.5% year on year. - 2026-05-14MitigatedRevisions to earnings forecasts
「Overall business conditions remained firm, with signs of a strengthening recovery in demand for capital investment in AI-related semiconductors from the fourth quarter onward.」
The description of semiconductor capital investment demand changed from a sluggish recovery in the first half of the previous fiscal year to a stronger recovery from the fourth quarter onward, led by AI-related semiconductors. - FY2026-H1WorsenedAnnual report
「In the clean transport systems business, as demand for semiconductor manufacturing equipment recovered only slowly, orders received totaled ¥12.267 billion, up 0.4% year on year.」
The explanation regarding demand for semiconductor manufacturing equipment changed from progress in inventory adjustments and increased orders in the previous fiscal year to a slow recovery in the current interim period. The increase in orders received was also limited to 0.4%. - FY2025MitigatedAnnual report
「In the clean transport systems business, as inventory adjustments by semiconductor manufacturers were progressing, orders received totaled ¥26.096 billion, up 32.1% from the previous consolidated fiscal year.」
Regarding the risk from a sharp slowdown in semiconductor capital investment demand and inventory adjustments, orders received for clean transport systems increased 32.1% year on year against a backdrop of progress in inventory adjustments, with the recovery in demand also appearing in full-year results. - FY2025-H1MitigatedAnnual report
「In the clean transport systems business, as inventory adjustments by semiconductor manufacturers were progressing, orders received totaled ¥12.220 billion, up 24.5% year on year.」
Against a backdrop of progress in inventory adjustments by semiconductor manufacturers, orders received in the clean transport systems business increased 24.5% year on year. The improvement from the prolonged inventory adjustments and sluggish demand through the previous fiscal year has appeared in the figures. - FY2024MitigatedAnnual report
「Due to delays in inventory adjustments by semiconductor manufacturers since the second half of fiscal 2022, demand for semiconductor manufacturing equipment remained sluggish, although signs of a slight recovery emerged in the fourth quarter.」
While demand for semiconductor manufacturing equipment remained sluggish, signs of a slight recovery emerged in the fourth quarter, and the explanation changed to one anticipating a recovery in demand in the second half of fiscal 2024. - FY2024-Q3RestatedAnnual report
「Due to delays in inventory adjustments by semiconductor manufacturers since the second half of fiscal 2022, demand for semiconductor manufacturing equipment remained sluggish.」
Inventory adjustments in the semiconductor industry have been delayed, and the sluggish demand for semiconductor manufacturing equipment has continued. Meanwhile, the company expects a medium-term market recovery, supported by supply chain development worldwide and demand related to automobiles and AI. - FY2024-Q2RestatedAnnual report
「Due to the impact of inventory adjustments in the semiconductor industry continuing since the second half of fiscal 2022 and stagnation in the Chinese market, among other factors, companies remained cautious about capital investment in semiconductor manufacturing equipment, electronic components and FA-related areas, and conditions remained sluggish.」
As in the previous quarter, the company stated that capital investment in semiconductor manufacturing equipment, electronic components and FA-related areas remained sluggish due to prolonged inventory adjustments in the semiconductor industry and stagnation in the Chinese market. It also presented a medium-term growth outlook for its semiconductor-related business. - FY2024-Q1WorsenedAnnual report
「Although countries around the world have been moving to provide policy support to strengthen semiconductor supply chains, capital investment in semiconductor manufacturing equipment, electronic components and factory automation-related fields remained cautious and subdued recently due to the prolonged impact of inventory adjustments.」
The explanation changed from a recovery in and strong demand for semiconductor manufacturing equipment through the previous quarter to sluggish capital investment in semiconductor manufacturing equipment, electronic components and FA-related areas due to prolonged inventory adjustments. - FY2023-Q3WorsenedAnnual report
「Against a backdrop of strong global demand for semiconductors, conditions remained solid, particularly in the semiconductor industry. From the second half, however, demand for semiconductors and electronic components declined rapidly due in part to the impact of capital investment in the semiconductor industry shifting toward restraint.」
The explanation changed from strong and increasing demand for semiconductor manufacturing equipment through the previous period to a shift toward restraint in capital investment by the semiconductor industry in the second half of the fiscal year, followed by a rapid decline in demand for semiconductors and electronic components. - FY2023-Q2MitigatedAnnual report
「In the power electronics equipment business, higher sales of clean transport equipment, for which demand related to semiconductor manufacturing equipment was strong, resulted in sales of ¥24.146 billion, up 34.4% year on year.」
Regarding semiconductor-related demand, which appeared as a decline in orders in the previous fiscal year, demand related to semiconductor manufacturing equipment was strong, and sales of clean transport equipment increased 34.4% year on year. - FY2022-Q3MitigatedAnnual report
「In the power electronics equipment business, higher sales in the clean transport equipment segment, where demand for equipment used in semiconductor manufacturing equipment increased substantially, resulted in sales of ¥28.763 billion, up 16.4% year on year.」
Regarding semiconductor-related demand, which appeared as a decline in orders in the previous fiscal year, demand for equipment used in semiconductor manufacturing equipment increased substantially, while sales in the clean transport equipment segment also rose 16.4% year on year. - FY2022-Q2MitigatedAnnual report
「In the power electronics equipment business, higher sales in the clean transport equipment segment resulted in sales of ¥14.214 billion, up 2.0% year on year.」
Regarding semiconductor-related demand, which appeared as a decline in orders in the previous fiscal year, sales in the clean transport equipment segment increased 2.0% year on year, showing that the improvement in the demand environment has appeared in business performance. - FY2021MitigatedAnnual report
「In the clean transport equipment business, investment in semiconductor manufacturing equipment has been expanding.」
Regarding capital investment demand in the semiconductor industry, which appeared as a decline in orders in the previous fiscal year, the company described expanding investment in semiconductor manufacturing equipment, indicating that the demand environment continues to improve. - FY2021-Q1MitigatedAnnual report
「Meanwhile, investment related to semiconductor manufacturing equipment remained solid.」
Regarding capital investment demand in the semiconductor industry, which appeared as a decline in orders in the previous fiscal year, the company stated that investment related to semiconductor manufacturing equipment remained solid, indicating an improvement in part of the risk environment. - FY2019MaterialisedAnnual report
「Due to a decline in orders in the clean transport equipment segment, where capital investment demand in the semiconductor industry has slowed sharply, orders received totaled ¥36.422 billion, down 10.2% from the previous consolidated fiscal year.」
The company stated that the sharp slowdown in capital investment demand in the semiconductor industry has appeared in actual results as a decline in orders in the clean transport equipment segment.