Sharp Increase in Demand for Electronic Equipment Driven by the Expansion of the ICT and EV Markets
First written in FY2022-Q1. 2 of 5 entries say "Reframed", first in FY2023. Latest entry: FY2026.
Shirai Electronics Industrial moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 5 of 14 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
- FY2026Delayed recovery in automotive electronics and resilient demand for consumer electronicsAnnual report
「In the printed circuit board business, although recovery in automotive electronics, the core field, has been delayed, orders for home appliances remained strong, resulting in」
It describes the differing demand trends: recovery in automotive electronics, including EVs, has been delayed, while orders for home appliances have remained strong. - FY2025The challenging automotive electronics market alongside higher salesAnnual report
「In the printed wiring board business, sales activities were conducted flexibly despite challenging market conditions in the core car electronics area, and segment revenue was ¥28,689 million, up 2.1% year on year, partly due to the impact of yen depreciation.」
Although the automotive electronics market remained challenging, the printed circuit board business posted higher sales as a result of agile sales activities and the impact of the weaker yen. - FY2024ReframedAnnual report
「Although the printed circuit board (PCB) market is seeing an adjustment in the automotive industry's shift to electric vehicles, steady progress is boosting PCB demand, while the expansion of the generative AI market is driving data center (DC) investment and encouraging related PCB demand and technological innovation, creating a diverse range of needs.」
In addition to conventional ICT adoption and EV market expansion, the adjustment in vehicle electrification and investment in generative AI and data centers were identified as demand drivers. - FY2023Expansion of demand areas, including EVs, GX and ADASAnnual report
「Against this backdrop, demand in the printed circuit board market is expected to expand steadily, driven by the acceleration of DX during the COVID-19 pandemic, the electrification of vehicles and GX (green transformation) toward a decarbonized society, lower power consumption, and advances in ADAS (advanced driver assistance systems), creating an unprecedented diversity of needs.」
In addition to conventional ICT adoption and EV market expansion, DX, GX, lower power consumption and advances in ADAS were cited as factors driving demand growth, broadening the target areas. - FY2022-Q1First statedAnnual report
「The trend toward ICT adoption, accelerated by COVID-19, gained further momentum, driving a surge in demand for electronic equipment, while the expansion of the new EV market also contributed to buoyant conditions.」
It was explicitly stated for the first time that the market recognizes the printed circuit board industry as thriving, against a backdrop of accelerating ICT adoption and the expanding EV market, with demand for electronic equipment surging.