Bringing forward orders due to concerns over component shortages
First written in FY2022-Q1. 2 of 8 entries say "Restated". Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024RestatedAnnual report
「Although the difficulties in procuring key components that had continued since the fiscal year ended November 2022 have been resolved within the group, the United States and Europe, Asia and other regions have been affected by the industry downturn, while inventory adjustments continue at major business partners in Japan.」
The company explained that difficulties in procuring key components had been resolved, moving on from the period of delivery delays and lost order opportunities caused by component shortages. - FY2023MitigatedAnnual report
「Although difficulties in procuring key components that had continued since the previous fiscal year have been resolved, product costs continue to rise because raw material prices remain elevated and the company has been unable to pass them on to selling prices due to price competition.」
Difficulties in procuring key components have been resolved, but higher costs caused by elevated raw material prices and the difficulty of passing them through to selling prices remain a new burden. - FY2023-Q3MitigatedAnnual report
「Although disruptions in logistics and component shortages have improved and issues such as inventory adjustments and delivery delays have been resolved, the outlook for manufacturing remains challenging, particularly in the US and Europe, due to declining demand and other factors.」
The company explained that issues such as delivery delays and inventory adjustments resulting from component shortages had been resolved. At the same time, it newly indicated that lower demand was delaying the recovery of overseas sales. - FY2023-Q1WorsenedAnnual report
「In the US and Europe, Asia and other regions, sales declined due to lost business opportunities resulting from shortages of inventory and other factors.」
The loss of business opportunities caused by shortages of components and products materialized as lower sales in the US and Europe/Asia and other regions. - FY2022WorsenedAnnual report
「In Japan, the effects of difficulties in procuring components and rising component prices became apparent. The company has prioritised production and continued manufacturing and sales to the greatest extent possible, but has been affected by fewer orders as delivery delays and other issues caused by shortages of components at the company or its customers resulted in lost business opportunities.」
The impact of component shortages materialized not as orders being brought forward, but as delivery delays, lost business opportunities and fewer orders. - FY2022-Q3RestatedAnnual report
「In Japan, sales of handheld and fixed-position scanners increased year on year, but delivery delays caused by component shortages and project postponements at customers' request continued, resulting in an overall decline in sales.」
The company reconfirmed that, as a result of component shortages, delivery delays and postponements of projects at customers' request, rather than orders being brought forward, have continued. - FY2022-Q2Shift from orders brought forward to delivery delays and customer-requested postponementsAnnual report
「Component shortages have caused delivery delays and postponements at customers' request, but have not had a material impact on production or sales, which have remained firm.」
The company explained that, instead of orders being brought forward as indicated in the previous quarter, component shortages this time resulted in delivery delays and postponements at customers' request. - FY2022-Q1First statedAnnual report
「In addition, some customers brought forward their orders amid growing concerns over component shortages, resulting in higher sales.」
Against a backdrop of concerns over component shortages, some customers brought forward their orders, contributing to higher domestic sales.