Stable medium- to long-term procurement from major semiconductor suppliers
First written in FY2022-Q1. 2 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
0 other companies' latest entry also says "Advanced".
- FY2022AdvancedAnnual report
「In response to shortages of semiconductors and other materials and higher materials and energy costs, the Company sought to fulfill its supply responsibilities to the greatest extent possible by entering into long-term supply agreements with major suppliers, diversifying suppliers and securing inventory, while also passing higher costs through to selling prices.」
The company described its response to tight supply and demand for semiconductors and other components as having entered the implementation phase, including long-term supply contracts, supplier diversification, inventory procurement, and the passing on of higher prices. - FY2022-Q2AdvancedAnnual report
「To address tight supply and demand for materials, we worked to secure materials through measures including long-term contracts with major semiconductor suppliers and to maintain appropriate profitability by passing higher material costs through to selling prices, thereby minimizing the impact.」
To address the semiconductor supply shortage, the company secured components through measures including long-term agreements with major semiconductor suppliers, seeking to minimise the impact. It also indicated that shortages of automotive components were expected to ease in the second half of the fiscal year. - FY2022-Q1First statedAnnual report
「To address these circumstances, the group reduced the risk of lower production and fewer orders caused by tight supply and demand through initiatives aimed at securing stable medium- to long-term procurement from major semiconductor suppliers.」
To address the severe supply-and-demand tightness in semiconductors, efforts to secure stable medium- to long-term procurement from major suppliers were described as a standalone initiative for the first time.