Stagnation in Demand for Inspection Equipment Due to the Economic Slowdown in Asia, Led by China
First written in FY2017-Q1. 6 of 14 entries say "Restated". Latest entry: FY2025.
Shirai Electronics Industrial 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: 13 of 20 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The outlook remains uncertain due to factors including soaring energy and raw material costs, fluctuations in foreign exchange rates and interest rates, economic stagnation overseas originating from the property downturn in China, and the impact of US tariff policies.」
Regarding the Chinese economy, in addition to the previously cited concerns about economic conditions, economic stagnation originating from the property downturn in China has been explicitly stated, deepening the risk factors surrounding overseas demand. - FY2024-Q3RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to factors including the impact of the prolonged Russia-Ukraine situation on fuel and raw material prices, trends in the Chinese economy, and a slowdown in overseas economies resulting from global monetary tightening.」
Trends in the Chinese economy and a downturn in overseas economies continue to be cited as uncertainty factors surrounding demand for inspection machines. - FY2020WorsenedAnnual report
「The adverse effects of prolonged US-China trade friction and the resulting economic stagnation in China」
Regarding the Chinese economy, references to a slowdown and stagnation due to US-China trade friction continued throughout the fiscal year, and adverse effects on the demand environment for inspection machines and printed circuit boards have persisted. - FY2020-Q3WorsenedAnnual report
「Due to the impact of economic stagnation in China and other factors」
Regarding the Chinese economy, the description has become more severe, changing from a slowdown to economic stagnation, and deterioration in the Chinese and Asian economic environment surrounding demand for inspection machines has continued. - FY2020-Q2WorsenedAnnual report
「In addition, economic stagnation in China continued amid intensifying US-China trade friction, strengthening the sense of a slowdown in the global economy as a whole.」
Regarding the Chinese economy, the description has become more severe, changing from the continued economic slowdown caused by US-China trade friction to continued economic stagnation. - FY2020-Q1WorsenedAnnual report
「In China, the economic slowdown continued amid escalating US-China trade friction」
Regarding the Chinese economy, the continued slowdown caused by escalating US-China trade friction is explicitly stated, and factors contributing to deterioration in the Chinese and Asian economic environment surrounding demand for inspection machines have intensified. - FY2019WorsenedAnnual report
「In China, signs of an economic slowdown due to the impact of trade friction with the United States became apparent toward the second half of the fiscal year」
Regarding the Chinese economy, the description has changed from being firm or resilient to stating that signs of a slowdown due to US-China trade friction have become apparent. - FY2019-Q1RestatedAnnual report
「Economic conditions in Europe and China also remained firm, and overall, a trend of moderate expansion continued.」
Economic conditions in China are described as firm, with no significant change indicated in the risk of stagnant inspection machine demand due to weak economic conditions in China and Asia. - FY2018RestatedAnnual report
「The Chinese economy also remained firm」
The Chinese economy is described as having remained firm. The risk of stagnant demand for inspection machines due to an economic slowdown is described as largely unchanged from the previous period and contained. - FY2018-Q3RestatedAnnual report
「In China as well, economic conditions remained firm, supported by the effects of various policy measures」
The Chinese economy is described as remaining firm due to the effects of various policy measures, indicating that the recovery noted previously has continued. - FY2018-Q2MitigatedAnnual report
「China also showed signs of recovery, partly due to the effects of government economic measures.」
The report describes signs of recovery in the Chinese economy and attributes the current stagnation in inspection machine sales volumes not to weak economic conditions in China and Asia, but to intensifying competition from overseas manufacturers and others. - FY2017-Q3RestatedAnnual report
「Meanwhile, lower growth in China and the economic slowdown in other emerging markets continued」
The economic slowdown in China and emerging markets continues to be cited. - FY2017-Q2RestatedAnnual report
「In China and other emerging markets, the trend of economic slowdown remains unchanged, and difficult conditions continue.」
The economic slowdown in China and emerging markets continues to be cited. For the inspection machine business, stagnating sales volumes due to price competition in the Chinese market are cited separately. - FY2017-Q1First statedAnnual report
「Orders remained sluggish as capital investment stayed weak due to the economic slowdown in Asia, centered on China.」
For the inspection machine and solutions business, weak capital investment in Asia is reflected in the sluggish order performance.