Procurement Risk Due to the Global Semiconductor Shortage
First written in FY2022-Q1. 3 of 9 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2025.
Anritsu 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.
2 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「To ensure stable procurement of electronic components and other parts, the Group is working to build strong relationships with business partners and taking measures such as establishing systems to promptly identify parts procurement risks and securing strategic inventories of parts.」
The disclosure has been reorganized from the previous focus on semiconductor shortages to cover stable procurement of electronic components generally and supply-chain disruption risks. - FY2024-Q1MitigatedAnnual report
「Although there are signs of improvement in parts procurement difficulties, with some exceptions, the Company continues to work to minimize risk by securing strategic inventories of parts and taking other measures.」
The Company stated that parts procurement difficulties are showing signs of improvement, with some exceptions, and continues to minimize risk by securing strategic inventories of parts. - FY2023RestatedAnnual report
「In response to parts procurement risks, including the semiconductor shortage, the Company is taking measures such as building strong relationships with business partners, establishing systems to obtain information promptly, and securing strategic inventories of parts. In addition, the Company is working to minimize risk for high-risk parts by switching to alternative parts and taking other measures.」
The Company continues to recognize the prolonged semiconductor shortage as a significant risk and continues to respond through coordination with business partners, information gathering, strategic inventories and changes to alternative parts. - FY2023-Q3RestatedAnnual report
「In addition to higher prices and interest rates, rising geopolitical risk and the prolonged global semiconductor shortage are important risk factors for business performance.」
The prolonged global semiconductor shortage continues to be disclosed as a significant business-performance risk. - FY2023-Q2RestatedAnnual report
「The prolonged global semiconductor shortage also constitutes a significant risk factor for corporate performance.」
The prolonged semiconductor shortage continues to be disclosed as a significant business-performance risk. In the communications measurement and PQA businesses, higher parts procurement costs and other expenses affected performance. - FY2022WorsenedAnnual report
「In response to parts procurement risks, including the semiconductor shortage, the Company is taking measures such as building strong relationships with business partners, establishing systems to obtain information promptly, and securing strategic inventories of parts.」
The prolonged semiconductor shortage was identified as a significant risk factor, and the Company advanced measures including a response project, strategic inventories and changes to alternative parts. - FY2022-Q3WorsenedAnnual report
「During the nine-month period of the current third quarter, demand for the development of 5G chipsets and mobile terminals remained solid. The Company also captured development- and production-related demand for higher network speeds at data centers and elsewhere. However, the global semiconductor shortage led to a year-on-year decline in revenue.」
While demand for 5G and higher network speeds continued, the global semiconductor shortage emerged as a factor behind lower revenue in the communications measurement business, and the PQA business also experienced lower profit due to higher parts procurement costs. - FY2022-Q2WorsenedAnnual report
「Meanwhile, the prolonged impact of the global semiconductor shortage on socioeconomic activity is a concern, and it has become a significant risk factor for corporate performance.」
The semiconductor shortage was positioned as a significant business-performance risk, with concern over a prolonged impact. The disclosure states that the shortage affected the year-on-year decline in revenue in the communications measurement business. - FY2022-Q1MaterialisedAnnual report
「In addition, procurement risk due to the global semiconductor shortage has become apparent.」
The disclosure explicitly identified procurement risk due to the global semiconductor shortage for the first time, and stated that the shortage affected the year-on-year decline in revenue in the communications measurement business.