Fluctuations in Component Supply and Demand, Prices and Procurement Channels
First written in FY2018. 5 of 19 entries say "Worsened", first in FY2021. Latest entry: FY2025.
Optoelectronics moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 12 of 31 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2025Parts shortages have been resolved; focus shifts to higher prices and weaker demandAnnual 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.」
Although the difficulty procuring key components has been resolved, the industry downturn, customer inventory adjustments, higher component prices, and weaker demand were identified as remaining challenges. - FY2025-H1RestatedAnnual report
「Globally, the automatic identification industry remained challenging, as component prices increased while demand declined due in part to customers restraining capital investment.」
The focus has shifted from difficulty procuring key components to a situation in which higher component prices and customers' restrained capital investment and weaker demand continue. - FY2024MitigatedAnnual 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 said that the difficulty procuring key components had been resolved. However, declining demand due to inventory adjustments and the industry downturn, as well as persistently high raw material prices, remain as risks. - FY2024-Q2RestatedAnnual report
「Although raw material prices remain high, the Company has been unable to fully pass the increases through to selling prices due to price competition and other factors. As a result, the cost-of-sales ratio continued to rise and profit decreased year on year.」
The Company continues to disclose the rise in the cost ratio caused by persistently high raw material prices and the difficulty of passing these increases through to selling prices. - FY2024-Q1WorsenedAnnual report
「Although the Company is working to optimize selling prices, raw material prices for its products remain high, and the cost-of-sales ratio continues to rise.」
Even after the difficulty procuring key components was resolved, the cost-of-sales ratio continued to rise because raw material prices remained high and adjustments to selling prices were delayed. - FY2023Parts shortages resolved, but raw material prices remain highAnnual report
「Although the difficulty procuring key components that had continued since the previous fiscal year has been resolved, raw material prices remain high, and product costs continue to rise because price competition has prevented the Company from passing these increases through to selling prices.」
The difficulty procuring key components has been resolved, but product costs continue to rise because raw material prices remain high and the Company has been unable to pass the increases through to selling prices. - FY2023-Q3MitigatedAnnual report
「Logistics disruptions and parts shortages have improved, and problems such as inventory adjustments and delivery delays have been resolved. However, manufacturing faces a difficult outlook, particularly in the United States and Europe, due to declining demand and other factors. In addition, raw material prices remain high and manufacturing costs are increasing, while price competition continues to make it difficult to revise selling prices.」
Supply constraints, including parts shortages and delivery delays, were said to have improved or been resolved, but raw material prices remain high and manufacturing costs continue to increase. - FY2023-Q2MitigatedAnnual report
「Tight supply and demand for semiconductors and other components and raw material prices have gradually improved, and delivery problems for components used in the Company's key module products are also being resolved.」
Tight supply and demand for components, raw material prices, and delivery problems for key module components were said to be improving or being resolved. However, inventory increased and overseas sales declined during the quarter. - FY2023-Q1Some improvement, but high prices and delivery delays for key module components continueAnnual report
「Tight supply and demand for semiconductors and other components and soaring raw material prices are gradually improving. However, components used in the Company's key module products remain expensive, and the effects of delivery delays and other issues continue.」
Tight supply and demand for components and soaring raw material prices were said to be gradually improving, but high prices for components used in key module products and delivery delays continue. - FY2022WorsenedAnnual report
「During the fiscal year ended November 2023, shortages and price increases for semiconductor components and other parts continued worldwide. Because parts shortages could lead to delivery delays and lower sales, the external environment surrounding the Group remained uncertain.」
Parts shortages and price increases continued, and the risk of lower sales due to delivery delays was identified as an issue for the fiscal year ended November 2023. - FY2022-Q3WorsenedAnnual report
「Manufacturers have also been affected by tight supply and demand for semiconductor components and other parts and soaring raw material prices, resulting in production stoppages, delivery delays, and higher procurement prices, among other impacts, leaving the outlook uncertain.」
The effects of tight supply and demand for semiconductor components and other parts and soaring raw material prices, including production stoppages, delivery delays, and higher procurement prices, have continued. - FY2022-Q2WorsenedAnnual report
「During the first half of the fiscal year ended 30 November 2022 (1 December 2021 to 31 May 2022), the global economy faced an uncertain outlook due to disruptions in logistics and other areas resulting from the Russia-Ukraine situation, as well as production stoppages, delivery delays and higher procurement costs resulting from tight supply and demand for components, including semiconductors, and soaring raw material prices.」
The risk of fluctuations in parts supply and demand and prices has continued in the form of tight supply and demand for semiconductors and other components, soaring raw material prices, production stoppages, delivery delays, and higher procurement prices, compounded by logistics disruptions arising from the situation in Russia and Ukraine. - FY2021WorsenedAnnual report
「As in the previous fiscal year, the Company continues to face difficulty procuring semiconductors and other components.」
The risk of fluctuations in parts supply and demand and prices has continued, with difficulty procuring semiconductors and other components resulting in actual delivery delays and lost business opportunities. - FY2021-Q3RestatedAnnual report
「In the manufacturing industry, production has also been affected by tight supply and demand for semiconductor components and soaring raw material prices, resulting in production stoppages, delivery delays, and higher procurement prices, among other impacts.」
The Company continues to disclose the actual effects of tight supply and demand for semiconductor components and soaring raw material prices, including production stoppages, delivery delays, and higher procurement prices. - FY2021-Q2MaterialisedAnnual report
「In the manufacturing industry, production has also been affected by tight supply and demand for semiconductor components and soaring raw material prices, resulting in production stoppages, delivery delays, and higher procurement prices, among other impacts.」
The previously disclosed risk of fluctuations in parts supply and demand and prices was described in terms of actual impacts, including tight supply and demand for semiconductor components, soaring raw material prices, production stoppages, delivery delays, and higher procurement prices. - FY2020-Q2MitigatedAnnual report
「Delays in production and deliveries caused by COVID-19 have been contained through the early reopening of the contracted plant in China and changes to parts suppliers, among other measures, and sales have not been materially affected.」
The Company changed procurement sources in response to parts procurement risk and, together with the early reopening of the contractor's plant, contained production and delivery delays. - FY2019RestatedAnnual report
「Going forward, changes in market supply and demand, material prices, or procurement channels could affect the procurement of parts for the Group's production and, consequently, the Group's operating results.」
The Company continues to disclose the risk of fluctuations in parts supply and demand, prices, and procurement channels, while also advancing the shift to direct procurement by external contractors. - FY2019-Q1MaterialisedAnnual report
「The main factor was a ¥337 million increase in total current assets, resulting from a ¥112 million increase in merchandise and finished goods and a ¥197 million increase in raw materials and supplies, mainly for advance procurement in response to raw material shortages and moves by the United States to strengthen import tariffs.」
Actual shortages of raw materials occurred, and advance procurement to address them increased merchandise and finished goods by ¥112 million and raw materials and supplies by ¥197 million. - FY2018First statedAnnual report
「Going forward, changes in market supply and demand, material prices, or procurement channels could affect the procurement of parts for the Group's production and, consequently, the Group's operating results.」
The Company identified the impact on production from fluctuations in parts supply and demand, prices, and procurement channels as a new risk.