Longer procurement lead times due to shortages of parts and raw materials
First written in FY2022-Q3. 10 of 19 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2027-H1.
Oxide moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 62 of 108 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In the Healthcare Business, sales for the interim consolidated accounting period progressed broadly in line with plan, but in response to worsening procurement conditions and surging prices for key raw materials, the Company continues discussions with major customers on reviewing transaction terms.」
Worsening procurement conditions and surging prices for key raw materials are identified as actual operational challenges, and discussions on reviewing transaction terms are continuing. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no material change regarding the risk of longer procurement lead times due to component and raw material shortages. - FY2025MitigatedAnnual report
「In the semiconductor business, the issue concerning defects in procured materials was completely resolved by switching to materials manufactured by the second vendor.」
The company states that the procurement material issue that had emerged in the previous fiscal year was completely resolved by switching to the second vendor. - FY2025-H1MitigatedAnnual report
「In the semiconductor business, procurement of components manufactured by a second supplier progressed smoothly, and production and shipments of laser equipment progressed as planned.」
Regarding the procurement material issue that had emerged in the previous fiscal year, procurement of materials manufactured by the second vendor progressed smoothly, and production and shipments were in line with the plan. The effectiveness of the response to procurement risk is evident. - FY2025-Q1MaterialisedAnnual report
「In the semiconductor business, production and shipments of laser equipment incorporating materials manufactured by the second vendor, for which production and shipments began in the fourth quarter of the previous fiscal year, progressed generally in line with the plan. Meanwhile, the impact of defective materials manufactured by the former vendor remained, affecting laser product shipments during the first quarter of the current consolidated cumulative period, and revenue remained at a relatively low level.」
The impact of procurement material risk continues to be reflected in results, but the response involving a switch to the second vendor is progressing. - FY2025-Q1MaterialisedAnnual report
「Meanwhile, the impact of defective materials manufactured by the former vendor remained, affecting shipments of laser products during the first quarter of the current consolidated cumulative period, and revenue remained at a relatively low level.」
The impact of defective materials manufactured by the former vendor remained in the first quarter, affecting laser product shipments and semiconductor business revenue. Meanwhile, production and shipments using materials manufactured by the second vendor progressed generally in line with the plan. - FY2024MaterialisedAnnual report
「The resolution of defects in procured materials took time, leading to stalled shipments and lower revenue in the semiconductor business. Healthcare business revenue also declined due to the slowdown in the Chinese economy and other factors, and the company recorded its first operating loss, ordinary loss and net loss attributable to owners of the parent since listing.」
Delays in resolving defects in procured materials led to stalled shipments, lower revenue and an operating loss in the semiconductor business, making the impact of procurement risk apparent in full-year results. - FY2024-Q3WorsenedAnnual report
「In particular, in the semiconductor business, the impact of the lower acceptance rate of some procured materials, which re-emerged in the second quarter, continued, and revenue remained sluggish. Following the elucidation of the physical mechanism behind the defects in the second quarter, long-term reliability testing is under way, but the unstable engineering of the current vendor means that the process is taking somewhat longer. Meanwhile, reliability testing by the second vendor is progressing smoothly, and shipments for customer qualification are scheduled to begin in the fourth quarter.」
The lower acceptance rate of procured materials continued, resulting in sluggish semiconductor business revenue. Although addressing the issue with the current vendor is taking time, reliability testing by the second vendor is progressing, and shipments for customer qualification are scheduled to begin in the fourth quarter. - FY2024-Q2MaterialisedAnnual report
「In the semiconductor business, the impact of a decline in the acceptance rate of some procured materials, which had emerged from the third quarter of the previous fiscal year, remained, and revenue remained sluggish. During the second quarter, the company investigated the cause of the defects and elucidated their physical mechanism.」
The impact of the lower acceptance rate of some procured materials remained in the second quarter, resulting in sluggish semiconductor business revenue. The physical mechanism behind the cause was elucidated, and prototypes of improved materials and structures, together with long-term reliability testing, are under way. - FY2024-Q1MitigatedAnnual report
「In the semiconductor business, the defects in some procured materials that emerged in the third quarter of the previous fiscal year were generally moving toward resolution, and revenue was in line with the plan.」
The defects in procured materials that occurred in the third quarter of the previous fiscal year were generally moving toward resolution, and semiconductor business revenue was in line with the plan. The impact of the risk that had already materialised has diminished. - FY2023-Q3MaterialisedAnnual report
「In the semiconductor business, some procured materials developed defects, as described above, resulting in a situation in which shipments of laser products stalled. Consequently, although revenue increased by more than 30% year on year, it fell below the pace required to meet the full-year plan.」
Defects in some procured materials actually occurred, resulting in stalled shipments of laser products and a pace below the full-year plan. The impact of component and raw material procurement risk has become apparent in the semiconductor business. - FY2023-Q2MaterialisedAnnual report
「In the optical measurement and new fields business, revenue was slightly below expectations due to the impact of extended lead times for some laser products.」
The company states that extended lead times for some laser products actually occurred, causing revenue in the optical measurement and new fields business to fall below expectations. - FY2023-Q1RestatedAnnual report
「In the semiconductor business, strong semiconductor demand driven by data centers and DX/GX investment is continuing to support solid performance, while conditions requiring caution in procuring certain components also persist.」
The situation requiring caution in procuring some components continues, but no new deterioration or material change has been reported. - FY2022WorsenedAnnual report
「For particularly important items, we are working to ensure stable production and supply by purchasing from multiple vendors, building up inventories and taking other measures, although some items cannot be substituted.」
The risk associated with materials procurement was assessed as particularly important and increasing, with multiple vendors, increased inventories and early identification of market trends identified as countermeasures. - FY2022-Q3First statedAnnual report
「Although orders in the semiconductor business were steady, revenue was slightly below expectations due to the impact of extended lead times for some components procured for laser equipment.」
The company cites worsening shortages of components and raw materials and states that extended lead times for components procured for laser equipment actually occurred, causing revenue to fall below expectations.