Returning FPC production to Japan and expanding in-house mass-production projects amid rising overseas production costs
First written in FY2022-Q2. 8 of 13 entries say "Worsened", first in FY2023-Q1. Latest entry: 2026-10-26.
Taiyo Technolex moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Mitigated".
- 2026-10-26MitigatedEarnings
「医療機器メーカー、カメラメーカー及び産業機器メーカーをはじめとしたセットメーカー向け量産案件等の受注増により販売が増加したことから、売上高は増加いたしました。」
産業機器メーカー等のセットメーカー向け量産案件の受注増が続き、従来弱含んでいた社内量産案件の拡大テーマが結果面で緩和された。 - FY2026-H1MitigatedAnnual report
「Although sales of FPCs (Note 3) to display manufacturers declined, sales increased as a result of higher orders for mass-production projects and other products for set manufacturers (Note 4), including camera, medical equipment and industrial equipment manufacturers. Consequently, net sales increased to ¥1,323 million, up 14.1% year on year, and segment profit increased to ¥295 million, up 38.7%.」
For industrial equipment and set-equipment manufacturers, where conditions had been weak through the previous fiscal year, higher orders for mass-production projects and other projects appeared as increased sales, resulting in higher revenue and profit in the electronic circuit board business. - FY2025MitigatedAnnual report
「Although sales of FPCs to medical equipment and display manufacturers declined, sales increased because mass-production and general prototyping projects for industrial equipment manufacturers and other set manufacturers increased.」
For industrial equipment and other set-equipment manufacturers, where conditions had been weak through the previous fiscal year, higher orders for mass-production projects and general prototype projects appeared as increased sales. - FY2025-H1WorsenedAnnual report
「The printed circuit board industry (Note 1) in which our Group operates saw stagnant demand for industrial equipment and automotive applications, including prolonged inventory adjustments. However, demand for data centers remained solid against a backdrop of expanding generative AI-related demand, resulting in a bifurcation in demand trends following inventory adjustments stemming from the special demand during the COVID-19 pandemic.」
The weakness in demand for industrial equipment identified through the previous fiscal year continued, with prolonged inventory adjustments and stagnant demand explicitly cited. - FY2024WorsenedAnnual report
「The environment surrounding the Group remains sluggish, as inventory adjustments in semiconductor and electronic-device-related markets, particularly those for industrial equipment, continue.」
Demand for industrial equipment, which had been firm in the previous fiscal year, weakened as inventory adjustments related to semiconductors and electronic devices continued, while the theme of expanding reshoring and in-house mass-production projects weakened from a demand-environment perspective. - FY2024-Q2WorsenedAnnual report
「In the industrial-equipment business, customer inventory adjustments have lasted longer than expected, while capital investment demand has remained weak because of the slowdown in the Chinese economy.」
For the demand environment, including in-house mass-production projects for industrial equipment that had been firm in the previous fiscal year, the company explicitly cited customer inventory adjustments lasting longer than expected and weak capital investment demand due to the slowdown in the Chinese economy. - FY2024-Q1WorsenedAnnual report
「In the industrial-equipment business, customer inventory adjustments have lasted longer than expected, while capital investment demand has remained weak because of the slowdown in the Chinese economy.」
For the demand environment, including in-house mass-production projects for industrial equipment that had been firm in the previous fiscal year, the company explicitly cited prolonged customer inventory adjustments and weak capital investment demand due to the slowdown in the Chinese economy. - FY2023WorsenedAnnual report
「Sales declined because prolonged inventory adjustments for consumer products reduced sales to other set manufacturers, while fewer high-performance FPC projects reduced sales to medical equipment manufacturers.」
Sales to other set-equipment manufacturers, including in-house mass-production projects that had been firm in the previous fiscal year, weakened due to inventory adjustments and a decline in FPC projects for high-function products. - FY2023-Q3WorsenedAnnual report
「Sales declined because prolonged inventory adjustments reduced sales to other set manufacturers, while fewer high-performance FPC (Note 3) projects reduced sales to medical equipment manufacturers.」
Sales to other set-equipment manufacturers, including in-house mass-production projects that had been firm in the previous fiscal year, declined due to inventory adjustments and other factors, and the theme of expanding in-house mass-production projects against the backdrop of reshoring weakened recently. - FY2023-Q2WorsenedAnnual report
「Although sales to medical equipment manufacturers declined because of fewer high-performance FPC (Note 3) projects and sales to other set manufacturers (Note 4) declined because of fewer in-house mass-production projects, sales to display manufacturers increased on solid demand for industrial touch panels and similar products, while sales to camera manufacturers increased as high-performance models were actively developed. As a result, net sales increased.」
In-house mass-production projects, which had been firm in the previous fiscal year, declined, appearing as lower sales to other set-equipment manufacturers. The theme of expanding in-house mass-production projects against the backdrop of reshoring weakened recently. - FY2023-Q1WorsenedAnnual report
「Sales declined because demand for FPCs (Note 3) for medical equipment showed signs of leveling off, reducing high-performance product projects, while in-house mass-production projects for industrial equipment for set manufacturers (Note 4) also declined.」
In-house mass-production projects for industrial and medical equipment, which had been firm in the previous fiscal year, declined, and the theme of expanding in-house mass production against the backdrop of reshoring weakened recently. - FY2022-Q3AdvancedAnnual report
「Although orders for prototype FPCs (Note 3) for industrial equipment declined as the market showed signs of a pause, revenue increased because orders for in-house mass-production projects for industrial equipment, such as industrial inkjet printers and drones, and for medical equipment remained strong.」
The target fields for in-house mass-production projects expanded to include industrial inkjet printers, drones and medical equipment, and orders remained strong. - FY2022-Q2First statedAnnual report
「Orders for in-house mass-production projects for industrial and medical equipment remained firm, helped by growing interest in reshoring production amid higher overseas production-management costs.」
Recorded the new business trend of firm orders for in-house mass-production projects for industrial and medical equipment, as higher overseas production-management costs increased interest in reshoring production.