Demand Fluctuation and Technological Innovation Risks in the Semiconductor and FPD Industries
First written in FY2020. 7 of 22 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2023: 43 of 66 companies on the "Worse" side.
33 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「Orders significantly exceeded the same period of the previous fiscal year, as investment related to AI continued to expand for power supplies used in semiconductor manufacturing equipment and demand for power supplies used in FPD manufacturing equipment also remained on a gradual recovery trend.」
The recovery in demand in the semiconductor and FPD fields materialized as increased orders, indicating that the impact of demand volatility risk was easing during the quarter. - FY2026Rising semiconductor demand alongside deferred FPD investmentAnnual report
「Although orders for power supplies for flat-panel display manufacturing equipment declined following the large orders received in the previous fiscal year, orders for power supplies for semiconductor manufacturing equipment exceeded the previous fiscal year's level due to increased demand from major customers.」
Orders for power supply equipment for semiconductor manufacturing equipment exceeded the level of the previous period because of increased demand from major customers, while orders for power supply equipment for FPD manufacturing equipment declined following major orders in the previous period. The impact of demand fluctuations differed by sector. - FY2026-H1Semiconductor recovery and a post-surge decline in FPDAnnual report
「Order intake was below the same period of the previous year due to the反動 from a large order received in the same period of the previous year for power supplies used in flat-panel display manufacturing equipment. Revenue exceeded the same period of the previous year because, although revenue from power supplies for flat-panel display manufacturing equipment declined, revenue from power supplies for semiconductor manufacturing equipment for overseas customers increased.」
Sales to overseas customers increased for power supply equipment for semiconductor manufacturing equipment, while power supply equipment for FPD manufacturing equipment experienced a decline following major orders in the same period of the previous year, with the impact of demand fluctuations differing by sector. - FY2025MitigatedAnnual report
「Orders exceeded the level of the previous period because orders for power supply equipment for semiconductor manufacturing equipment exceeded the previous-period level as the overall market moved toward recovery, despite the memory market still being in the process of recovering, and because pull-forward orders were received for power supply equipment for flat-panel display manufacturing equipment.」
Orders in the power electronics business exceeded the level of the previous period, supported by the overall recovery trend in the semiconductor market and pull-forward orders for FPD-related equipment. The impact of demand fluctuations that had become evident through the previous period eased in the current fiscal year. - FY2025-H1MitigatedAnnual report
「Orders exceeded those in the same period of the previous year because, although orders for power supply equipment for telecommunications facilities were lower, orders for power supply equipment for semiconductor manufacturing equipment exceeded the previous year as the market recovered, and pull-forward orders for power supply equipment for FPD manufacturing equipment contributed.」
The impact of demand fluctuation risk was reflected in an increase in total orders during the current interim consolidated accounting period, supported by the recovery trend in the market for power supply equipment for semiconductor manufacturing equipment and pull-forward orders for power supply equipment for FPD manufacturing equipment. Meanwhile, orders for power supply equipment for telecommunications facilities were below the level of the same period of the previous year. - FY2024-Q3RestatedAnnual report
「Orders for power supply equipment for telecommunications facilities were lower than in the same period of the previous year, and orders for power supply equipment for semiconductor manufacturing equipment were slightly lower because the semiconductor market remained in an adjustment phase. However, orders for power supply equipment for FPD manufacturing equipment exceeded the previous year because part of customers' capital investment plans shifted into the current period, resulting in an overall increase from the same period of the previous year.」
The semiconductor market remained in an adjustment phase, and orders for power supply equipment for semiconductor manufacturing equipment were slightly below the level of the same period of the previous year. Meanwhile, orders for FPD-related equipment increased, with the impact of demand fluctuations differing by sector. - FY2024-Q2WorsenedAnnual report
「Orders for power supply equipment for telecommunications facilities remained at the same level as in the same period of the previous year, and orders for power supply equipment for FPD manufacturing equipment increased because part of customers' capital investment plans shifted into the current period. However, orders for power supply equipment for semiconductor manufacturing equipment were substantially lower because the semiconductor market remained in an adjustment phase, resulting in a substantial overall decline from the same period of the previous year.」
Regarding demand fluctuation risk in the semiconductor and FPD industries, the semiconductor market remains in an adjustment phase, and its impact continues to be reflected in lower orders for power supply equipment for semiconductor manufacturing equipment. - FY2024-Q1WorsenedAnnual report
「Total orders fell significantly below the level of the same period of the previous year because power supply equipment for semiconductor manufacturing equipment continued to be affected by deteriorating semiconductor market conditions.」
Demand fluctuation risk in the semiconductor industry continues to be reflected in results as a decline in orders caused by deteriorating semiconductor market conditions. - FY2023WorsenedAnnual report
「Orders fell substantially below those of the previous fiscal year because large orders for telecommunications equipment power supplies had run their course, power supplies for flat-panel display manufacturing equipment declined following advance orders in the previous fiscal year, and power supplies for semiconductor manufacturing equipment were affected by the rapid deterioration in semiconductor market conditions from the third quarter.」
Demand fluctuations in the semiconductor and FPD industries became evident in results as a decline in orders caused by a rapid deterioration in semiconductor market conditions and a reversal following orders pulled forward in the previous period. - FY2023-Q3MaterialisedAnnual report
「Total orders were substantially lower than in the same period of the previous year because capital investment in power supply equipment for telecommunications facilities was restrained, orders for power supply equipment for FPD manufacturing equipment declined following pull-forward orders in the previous fiscal year, and orders for power supply equipment for semiconductor manufacturing equipment fell below the previous year because of a temporary stagnation in semiconductor market conditions.」
Demand fluctuation risk in the semiconductor and FPD industries became evident in results as a decline in orders caused by a temporary slowdown in semiconductor market conditions and a reversal following orders pulled forward in the previous period. - FY2023-Q1RestatedAnnual report
「Although power supplies for semiconductor manufacturing equipment remained firm amid expanding semiconductor demand, overall orders fell below those of the corresponding period of the previous year because investment in telecommunications equipment was restrained and power supplies for flat-panel display manufacturing equipment experienced a decline following advance orders in the previous fiscal year.」
While expansion and firmness in semiconductor demand were confirmed, demand trends differed by sector because investment in telecommunications equipment was restrained and orders declined following the pull-forward of orders in the previous period. - FY2022MitigatedAnnual report
「Orders significantly exceeded the level of the previous period because orders for power supply equipment for semiconductor manufacturing equipment and flat-panel display manufacturing equipment increased, supported by a recovery in semiconductor market conditions and orders for spot projects.」
Orders for power supply equipment for both semiconductor and FPD manufacturing equipment increased, and the impact of demand fluctuations that became evident in the previous fiscal year eased in the current fiscal year. - FY2022-Q3MitigatedAnnual report
「Orders exceeded the level of the same period of the previous year because orders for power supply equipment for semiconductor manufacturing equipment and flat-panel display manufacturing equipment increased, supported by a recovery in semiconductor market conditions and orders for spot projects.」
Orders for power supply equipment for both semiconductor and FPD manufacturing equipment increased, and the impact of demand fluctuation risk that had continued from the previous fiscal year eased in the current quarter. Separately, shortages of semiconductors and electronic components became evident. - FY2022-Q2MitigatedAnnual report
「Orders for power supply equipment for telecommunications facilities fell below the level of the same period of the previous year because a major project for railway signaling had run its course. However, orders for power supply equipment for industrial equipment exceeded the level of the same period of the previous year for both semiconductor manufacturing equipment and flat-panel display (FPD) manufacturing equipment, resulting in total orders exceeding the level of the same period of the previous year.」
Orders for power supply equipment used in both semiconductor and FPD manufacturing equipment exceeded the level of the same period of the previous year, and the impact of demand fluctuation risk that had continued from the previous fiscal year eased in the current quarter. Meanwhile, the decline resulting from the completion of major orders for power supply equipment for telecommunications facilities remained. - FY2022-Q1MitigatedAnnual report
「Orders for power supply equipment for telecommunications facilities fell below the level of the same period of the previous year because a major project for railway signaling had run its course. However, orders for power supply equipment for industrial equipment exceeded the level of the same period of the previous year for both semiconductor manufacturing equipment and flat-panel display (FPD) manufacturing equipment, leaving total orders at approximately the same level as in the same period of the previous year.」
Orders for both semiconductor and FPD manufacturing equipment exceeded the level of the same period of the previous year, and the impact of restrained FPD investment and other factors that had continued from the previous fiscal year eased in the current quarter. Meanwhile, the decline resulting from the completion of major orders for power supply equipment for telecommunications facilities remained. - FY2021MaterialisedAnnual report
「Orders for telecommunications equipment power supplies fell below those of the previous fiscal year because large railway signalling projects had run their course. Although signs of a recovery in demand emerged for power supplies for semiconductor manufacturing equipment, orders for industrial equipment power supplies fell below those of the previous fiscal year due to restrained capital investment in flat-panel display (FPD) manufacturing equipment, among other factors.」
Regarding demand fluctuations in the semiconductor and FPD industries, signs of recovery emerged in the semiconductor sector, while the impact of orders falling below the level of the previous period due to restrained FPD investment became evident in results. - FY2021-Q3MaterialisedAnnual report
「Orders for telecommunications equipment power supplies fell below those of the corresponding period of the previous year because large railway signalling projects had run their course. Although signs of a recovery in demand emerged for power supplies for semiconductor manufacturing equipment, orders for industrial equipment power supplies fell below those of the corresponding period of the previous year due to restrained capital investment in FPD manufacturing equipment, among other factors.」
Regarding demand trends in the semiconductor and FPD industries, signs of recovery emerged for power supply equipment used in semiconductor manufacturing equipment, while orders fell below the level of the same period of the previous year because capital investment in FPD manufacturing equipment was restrained. - FY2021-Q2MaterialisedAnnual report
「Orders fell below the level of the same period of the previous year because a major project for railway signaling had run its course for power supply equipment for telecommunications facilities, while capital investment in FPD manufacturing equipment was restrained, affecting orders for power supply equipment for industrial equipment.」
Orders for power supply equipment for industrial equipment fell below the level of the same period of the previous year because capital investment in FPD manufacturing equipment was restrained, reflecting demand fluctuation risk in the semiconductor and FPD industries. - FY2021-Q1MaterialisedAnnual report
「Orders fell below the level of the same period of the previous year because some orders for power supply equipment for telecommunications facilities were deferred to the second quarter or later, while capital investment in FPD manufacturing equipment was restrained, affecting orders for power supply equipment for industrial equipment.」
Orders for power supply equipment for industrial equipment fell below the level of the same period of the previous year because capital investment in FPD manufacturing equipment was restrained. Demand fluctuation risk in the semiconductor and FPD industries is reflected in order performance. - FY2020First statedAnnual report
「Our group is working to strengthen its ability to meet customer requirements and develop high-value-added products for its mainstay power supply equipment for semiconductor and FPD manufacturing equipment. However, operating performance may be affected by fluctuations in short-, medium-, and long-term demand in the respective industries and by technological innovation.」
For power supply equipment used in semiconductor and FPD manufacturing equipment, short-, medium-, and long-term demand fluctuations and technological innovation were identified separately as risk factors. In the current fiscal year, stagnation in the FPD market and restrained capital investment have in fact affected sales.