Slowing Semiconductor Demand and Fluctuations in Product Demand
First written in FY2016. 11 of 32 entries say "Mitigated", first in FY2017-Q2. Latest entry: 2026-08-12.
Torex Semiconductor 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 2023: 43 of 66 companies on the "Worse" side.
33 other companies' latest entry also says "Mitigated".
- 2026-08-12MitigatedEarnings
「While demand related to AI and data centers continues to expand, the prolonged inventory adjustment cycle has largely run its course, and demand recovery was also seen in consumer, industrial and automotive equipment.」
The company stated that the prolonged inventory adjustment cycle had largely run its course and that recovery was visible in multiple demand sectors. - FY2026MitigatedAnnual report
「Although inventory adjustments appear to have been largely resolved, demand recovered only gradually, partly due to the weakness of the Chinese market.」
It indicated that, although risks from slower demand and inventory adjustments remain, inventory adjustments have been largely resolved and demand has entered a recovery phase. Orders received increased 21.9% year on year, while the order backlog increased 44.7%. - FY2026-H1WorsenedAnnual report
「In the electronics market in which our group operates, the market for data servers for generative AI continued to expand. However, in the automotive market, production adjustments due to weak demand continued in addition to slower growth in electric vehicles (EVs), while adjustment conditions also continued across a broad range of other areas, including the industrial equipment and general consumer equipment markets.」
While the market for data servers for generative AI is expanding, production adjustments due to slower EV growth and weak demand, as well as adjustment conditions across a broad range of areas including industrial equipment and general consumer equipment, have continued. - FY2025RestatedAnnual report
「In the electronics market in which our group operates, inventory adjustments and demand stagnation continued across a broad range of areas, particularly in the consumer equipment and industrial equipment markets, despite strong performance in some AI-related areas, due to prolonged market stagnation and the weakness of the Chinese market.」
It reconfirms the view that prolonged market stagnation, weakness in the Chinese market, inventory adjustments and demand stagnation have continued. - FY2025-H1RestatedAnnual report
「In the electronics market in which our group operates, slower demand and inventory adjustments have continued in areas including the industrial equipment and PC-related markets, due to the reactionary decline following the end of COVID-related special demand and the stagnation of the Chinese market.」
It reconfirms the view that slower demand and inventory adjustments in the industrial equipment and PC-related markets, against a backdrop of the reactionary decline following the end of COVID-related special demand and the stagnation of the Chinese market, have continued. - FY2024WorsenedAnnual report
「In the electronics market in which our group operates, demand stagnation and inventory adjustments have occurred across a broad range of areas, particularly in the consumer equipment and communications equipment markets, due to the reactionary decline following the end of COVID-related special demand and the weakness of the Chinese market.」
It states that demand stagnation and inventory adjustments continued throughout the fiscal year, resulting in sluggish orders across all markets and fields. - FY2024-Q3RestatedAnnual report
「In the electronics market in which our group operates, demand stagnation and inventory adjustments have occurred across a broad range of areas, particularly in the consumer equipment and communications equipment markets, due to the reactionary decline following the end of COVID-related special demand and the weakness of the Chinese market.」
It reconfirms the view that demand stagnation and inventory adjustments caused by the reactionary decline following the end of COVID-related special demand and the weakness of the Chinese market have continued. - FY2024-Q2RestatedAnnual report
「In the electronics market in which our group operates, demand slowed and inventory adjustments occurred across a broad range of areas, including the consumer equipment, communications equipment and PC-related markets, due to the reactionary decline following the end of COVID-related special demand and the slowdown of the Chinese economy.」
It reconfirms the view that the reactionary decline following the end of COVID-related special demand, the slowdown of the Chinese economy, slower demand and inventory adjustments have continued. - FY2024-Q1WorsenedAnnual report
「In the electronics market in which our group operates, demand slowed and inventory adjustments occurred across a broad range of areas, including the consumer equipment, communications equipment and PC-related markets, due to the reactionary decline following the end of COVID-related special demand and the slowdown of the Chinese economy.」
It states that the reactionary decline following the end of COVID-related special demand, the slowdown of the Chinese economy, and slower demand and inventory adjustments across a broad range of areas have occurred. - FY2023-Q3WorsenedAnnual report
「In the electronics market in which our group operates, the slowdown across the market as a whole became increasingly pronounced toward the latter part of the third quarter, owing to a sharp decline in PC demand, slower production due to concerns over stagnation in the global economy and lockdowns in China, and the resulting inventory adjustments.」
It states that the slowdown across the electronics market as a whole became increasingly pronounced due to a sharp decline in PC demand, slower production and inventory adjustments. - FY2023-Q2WorsenedAnnual report
「The market had remained firm, driven by the shift toward IoT and the advance of DX in the industrial equipment market, as well as the expanding adoption of electronics in automotive equipment. However, the outlook has become uncertain due to a reactionary decline following the end of the consumption cycle for digital devices and home appliances amid lifestyle changes, along with inventory adjustments resulting from deteriorating market conditions.」
The industrial and automotive equipment markets remained firm, while demand for products became increasingly uncertain due to the end of the consumption cycle for digital devices and home appliances and inventory adjustments. - FY2023-Q1MitigatedAnnual report
「The electronics market in which the group operates remained firm despite the impact of China's lockdowns, supported by the progress of 5G, IoT, and DX and expanding data-center demand.」
Although China's lockdowns had an impact, the electronics market remained firm against a backdrop of 5G, IoT, DX, and data-center demand. - FY2022MaterialisedAnnual report
「During the consolidated fiscal year, global semiconductor demand expanded rapidly, and the company was unable to increase supply sufficiently to meet demand.」
In contrast to the previous risks of slowing and fluctuating demand, the disclosure states that the company actually became unable to keep supply pace with the rapid expansion in semiconductor demand during the year. - FY2022-Q3RestatedAnnual report
「Although concerns remained over semiconductor shortages and higher raw material prices, the electronics market remained firm, supported by a recovery in demand for components for industrial equipment and increased demand for digital equipment against a backdrop of established remote work.」
Although concerns over semiconductor shortages and higher raw material prices continued, the market remained firm due to increased demand for components for industrial equipment and digital equipment. - FY2022-Q2MitigatedAnnual report
「Although concerns remained over semiconductor shortages and higher raw material prices, the electronics market remained firm, supported by a recovery in demand for components for industrial equipment and increased demand for digital equipment against a backdrop of established remote work.」
Although concerns remained over semiconductor shortages, the electronics market remained firm, supported by increased demand for components for industrial equipment and digital equipment. - FY2022-Q1MitigatedAnnual report
「The electronics market in which the group operates remained firm, supported by a recovery in demand for components for industrial equipment, increased production of 5G-compatible devices, and increased demand for digital equipment against a backdrop of stay-at-home demand and the expansion of remote work.」
Semiconductor and electronics demand remained firm, supported by increased demand for components for industrial equipment, 5G devices, and digital equipment. - FY2021MitigatedAnnual report
「In the semiconductor market, demand was strong, with supply and demand tightening globally, particularly for automotive semiconductors.」
Although the recession caused by COVID-19 persisted, demand became strong, particularly for automotive semiconductors, and the market was described as recovering from the slowdown in demand. - FY2021-Q3MitigatedAnnual report
「Although the economy had slowed substantially due to the spread of COVID-19 and restrictions on economic activity aimed at containing it, the impact was gradually easing. Nevertheless, conditions overall remained severe, and the outlook remained extremely uncertain.」
Although the impact of the economic slowdown was gradually easing, the view that conditions overall remained severe and the outlook uncertain was maintained. - FY2021-Q2WorsenedAnnual report
「During the six months ended in the second quarter, the global economy slowed substantially due to restrictions on economic activity aimed at containing the spread of COVID-19. Although there were signs of a partial recovery in China, conditions overall remained severe, and the outlook remained extremely uncertain.」
The global economy slowed substantially due to the spread of COVID-19 and restrictions on economic activity, and the outlook was described as extremely uncertain. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, the global economy showed clear signs of stagnation due to the spread of the novel coronavirus.」
The disclosure describes stagnation in the global economy caused by the spread of the novel coronavirus, but states that there was no material change from the prior fiscal year in the risk of a slowdown in semiconductor demand. - FY2020WorsenedAnnual report
「It was a year in which demand for other semiconductors remained generally at low levels, affected by inventory adjustments and the novel coronavirus.」
Although recovery was seen in data-center demand, semiconductor demand was generally at low levels due to weakness in smartphones and servers, inventory adjustments, and the impact of the novel coronavirus. - FY2020-Q3RestatedAnnual report
「During the nine months ended in the third quarter, the global economy slowed due to prolonged US-China trade friction and concern surrounding the UK's withdrawal from the EU.」
The view that the global economy was slowing due to prolonged US-China trade friction and concern over the UK's withdrawal from the EU continued. - FY2020-Q2WorsenedAnnual report
「During the six months ended in the second quarter, the global economy slowed due to the prolonged US-China trade friction, the UK's EU withdrawal issue, and growing concern over geopolitical risks in the Middle East and Asia.」
The global economy slowed due to prolonged US-China trade friction, the UK's EU withdrawal issue, and growing concern over geopolitical risks. - FY2020-Q1WorsenedAnnual report
「During the first quarter of the current fiscal year, the global economy overall showed increasing signs of stagnation and slowdown amid difficult conditions, including escalating US-China trade friction and prolonged uncertainty surrounding the UK's withdrawal from the EU.」
The global economy related to semiconductor demand showed increasing signs of stagnation and slowdown. Declining sales in industrial equipment and automotive applications in Japan and overseas were also reported. - FY2018MitigatedAnnual report
「The market for analog ICs and discrete semiconductors, the group's main products, had traditionally shown stable growth, but in 2017 it appears to have grown by approximately 10% year on year, a higher rate than usual, reflecting robust semiconductor demand.」
The risk of a slowdown in semiconductor demand was partly mitigated by demand for smartphones, data centers, and automotive and industrial equipment. - FY2018-Q3RestatedAnnual report
「In the semiconductor industry, demand related to automotive and industrial equipment remained strong against a backdrop of solid economic growth.」
The recovery trend in semiconductor demand was reaffirmed, with demand related to automotive and industrial equipment remaining strong. - FY2018-Q2MitigatedAnnual report
「Demand for smartphones in emerging markets remained firm, and demand continued to expand, supported by an increase in the number of components per device as functionality improved. Demand associated with the expansion of data centers driven by the spread of IoT (Internet of Things) also surged, and the market remained strong.」
The semiconductor market remained strong, supported by demand for smartphones in emerging markets, higher functionality, and expanding IoT and data-center demand. - FY2017-Q3RestatedAnnual report
「Despite weak PC demand and slower growth in smartphones and other products, firm demand for automotive-related equipment and recovering demand for ICT-related equipment supported an overall recovery trend.」
Although weakness in PC and smartphone demand remained, the market's recovery trend was reaffirmed, supported by automotive and ICT-related equipment. - FY2017-Q2MitigatedAnnual report
「Although demand for smartphones and other products, particularly in developed markets, had continued to slow and remained below the prior year, the overall market showed signs of recovery led by China.」
Although demand for smartphones and other products continued to slow, the overall semiconductor market showed signs of recovery led by China. - FY2016First statedAnnual report
「In the semiconductor industry, demand remained firm in some areas, including automotive applications, but conditions continued to lag the prior year from the summer onward due to weak demand for PCs and smartphones and declining memory prices.」
The business environment for the year was characterized by a slowdown in market conditions, including weak demand for PCs and smartphones.