Product Procurement Risk Due to Overseas Contract Manufacturing and the Semiconductor Shortage
First written in FY2022-Q2. 5 of 13 entries say "Materialised", first in FY2022-Q3. Latest entry: FY2027-H1.
TRaaS On Product moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
3 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Recently, although the sharp rise in STB device prices driven by demand for AI semiconductors and other factors has weighed on the pace of adoption, the market is gradually accepting the new price level,」
The impact of higher STB device prices driven by demand for AI semiconductors and other factors is becoming apparent as a factor restraining the pace of adoption. At the same time, the company states that the market is gradually accepting the new price level. - 2026-09-10RestatedEarnings presentation
「The semiconductor shortage caused by overheated AI demand remains severe, as it did in the previous fiscal year. There is still no clear prospect of semiconductor and memory prices settling, and we are adjusting selling prices for customers in line with the timing of demand.」
The semiconductor shortage and elevated semiconductor and memory prices have continued from the previous fiscal year, and the company is adjusting selling prices to match the timing of demand. - FY2026MaterialisedAnnual report
「At certain large STB projects scheduled for delivery in the fourth quarter, adjustments were required because of uncertainty over product delivery schedules, resulting in revenue recognition being pushed into the next fiscal year.」
Uncertainty over product delivery dates caused by tight semiconductor supplies actually materialized as delivery adjustments for large STB projects and the deferral of revenue recognition. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's and the global economies began moving toward normalization of social and economic activity as the spread of COVID-19 subsided, and the economy showed a moderate recovery. However, the situation in Ukraine has become protracted, and conditions remain uncertain due to supply constraints, including semiconductors, higher raw material prices and sharp foreign-exchange movements.」
While indicating that economic normalization and an economic recovery are accompanying the subsiding of the infection, the Company has reconfirmed that uncertainty continues due to supply constraints, including semiconductors, higher raw material prices and sharp foreign-exchange movements. - FY2023MitigatedAnnual report
「Revenue increased substantially year on year as product orders began to increase with the recovery in semiconductor market conditions.」
Compared with the previous fiscal year, when delivery delays continued due to the semiconductor shortage, the Company reports a recovery in semiconductor market conditions and an increase in product orders, indicating that the impact of the procurement environment has eased to some extent. - FY2023-Q3Progress on server deliveries and STB order delaysAnnual report
「In the second quarter, deliveries of some server projects that had been delayed by the semiconductor shortage were almost completed in the third quarter. However, delivery of some STB orders is expected to be pushed back from the third quarter to the fourth quarter. As these deliveries will be concentrated in the fourth quarter together with other projects, the company will work to ensure delivery within the current fiscal year.」
While some server projects delayed by the semiconductor shortage were almost fully delivered in the third quarter, some STB orders are expected to be pushed back to the fourth quarter, with the impact differing by project. - FY2023-Q2WorsenedAnnual report
「Although product delivery lead times have continued to lengthen due to the effects of the global semiconductor shortage since the previous fiscal year, orders received for products in the TRaaS business and made-to-order Product business have continued to be maintained." In the second quarter, some server delivery projects are expected to be pushed back to the third quarter or later due to the effects of the semiconductor shortage.」
The continued extension of delivery lead times due to the semiconductor shortage has had a more specific impact, with some server delivery projects expected to be pushed back to the third quarter or later. - FY2023-Q1RestatedAnnual report
「Although product delivery lead times have continued to lengthen due to the effects of the global semiconductor shortage since the previous fiscal year,」
The Company states that delivery lead times remain extended due to the semiconductor shortage, while orders received have been maintained. - FY2022-Q3MaterialisedAnnual report
「Sales of other products for the media Platform were significantly affected by sales activities because the global semiconductor shortage had depleted semiconductors essential for manufacturing the Company's existing and new products, with no clear prospect of containing higher costs or longer lead times to product delivery, creating uncertainty over order receipt and delivery timing in sales negotiations.」
The semiconductor shortage identified as a concern in the previous quarter actually materialized as semiconductor depletion, higher costs, longer delivery times and an impact on sales activities. - FY2022-Q2First statedAnnual report
「There are concerns that the Company may be affected by difficulties in controlling overseas subcontractors' factories due to immigration and travel restrictions, and by longer product procurement lead times due to the global semiconductor shortage, among other factors.」
The Company identifies as new supply-chain risks the difficulty of managing overseas subcontractors' factories due to immigration and travel restrictions associated with COVID-19, and longer product procurement lead times caused by the global semiconductor shortage.