HDD market contraction driven by lower PC demand and SSD replacement
First written in FY2016. 16 of 34 entries say "Restated". Latest entry: 2026-10-30.
Tdk moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2019: 5 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026-H1RestatedAnnual report
「Demand for nearline HDDs for data centers also remained high.」
While the risk of a shrinking HDD market due to PCs shifting to SSDs remains, demand for nearline HDDs for data centers continues to be high. - FY2025MitigatedAnnual report
「Demand for nearline HDDs for data center applications also recovered substantially.」
Demand for nearline HDDs for data center applications, which had declined through the previous fiscal year, was reported to have recovered substantially. - FY2025-H1MitigatedAnnual report
「Demand for nearline HDDs for data center applications also recovered substantially.」
Demand for nearline HDDs for data center applications, which had continued to decline substantially through the previous fiscal year, was reported to have recovered substantially. - FY2024WorsenedAnnual report
「HDD demand remained sluggish, with total HDD demand down 23% from the previous consolidated fiscal year and total demand for nearline HDDs down 30%.」
In addition to PC demand, demand for nearline HDDs for data center applications also declined, quantifying the market contraction as a 23% decline in total HDD demand and a 30% decline in nearline HDD demand. - FY2024-Q3RestatedAnnual report
「Demand for nearline HDDs for data center applications also declined substantially.」
The substantial decline in demand for nearline HDDs for data center applications, in addition to PC demand, continued. - FY2024-Q2WorsenedAnnual report
「Demand for nearline HDDs for data center applications also declined substantially.」
In addition to the continuing decline in PC demand, demand for nearline HDDs for data center applications also declined substantially. - FY2024-Q1WorsenedAnnual report
「HDD production fell substantially below the level of the cumulative period of the previous corresponding quarter, particularly because demand for data center applications declined substantially.」
In addition to the continuing decline in PC demand from the previous fiscal year, data center demand also declined substantially. - FY2023WorsenedAnnual report
「HDD production volumes fell substantially below the level of the previous consolidated fiscal year, and demand declined substantially not only for personal computers but also for data center applications.」
In addition to the continuing decline in PC demand, data center demand also fell substantially, further broadening the risk of HDD market contraction. - FY2023-Q3WorsenedAnnual report
「HDD production fell substantially below the level of the cumulative period of the previous corresponding quarter as PC demand declined substantially and data center demand also fell sharply due to concerns about an economic downturn.」
In addition to the continuing decline in PC demand, data center demand also fell substantially, leaving overall HDD production substantially below the level of the previous corresponding period. - FY2023-Q2WorsenedAnnual report
「HDD production fell substantially below the level of the cumulative period of the previous corresponding quarter because, in addition to a substantial decline in PC demand, demand for data center applications also declined.」
In addition to the continuing decline in PC demand, data center demand also declined, leaving overall HDD production substantially below the level of the previous corresponding period. - FY2023-Q1WorsenedAnnual report
「Although demand for data center applications remained firm, HDD production overall fell below the level of the cumulative period of the previous corresponding quarter because demand for personal computers declined substantially.」
Data center demand remained firm, while PC demand declined substantially, leaving overall HDD production below the level of the previous corresponding period. - FY2022RestatedAnnual report
「Data center demand recovered, and production of server HDDs remained strong.」
While the risk of HDD market contraction due to PCs and SSD adoption remained, the recovery in data center demand and strong server HDD production were also confirmed for the full year. - FY2022-Q3RestatedAnnual report
「Data center demand recovered, and production of server HDDs remained strong.」
While the risk of HDD market contraction due to PCs and SSD adoption remained, the recovery in data center demand and strong server HDD production continued. - FY2022-Q2RestatedAnnual report
「Data center demand recovered, and production of server HDDs remained strong.」
While the risk of HDD market contraction due to PCs and SSD adoption remained, the recovery in data center demand and strong server HDD production continued. - FY2022-Q1SoftenedAnnual report
「Demand for data center applications, which had been sluggish in the previous consolidated fiscal year, showed signs of recovery, and HDD production remained strong.」
Although the risk of an overall contraction in the HDD market remained, the recovery in data center demand, which had been sluggish in the previous fiscal year, and strong HDD production were reported, reducing part of the previously identified risk. - FY2021-Q3WorsenedAnnual report
「Sales of HDD heads and HDD suspensions to the ICT market declined substantially.」
The description of ICT-market sales of HDD-related products strengthened from “declined” through the previous quarter to “declined substantially.” - FY2021-Q2RestatedAnnual report
「Sales of HDD heads and HDD suspensions to the ICT market declined.」
The decline in ICT-market sales of HDD-related products continued. - FY2021-Q1RestatedAnnual report
「Sales of HDD heads and HDD suspensions to the ICT market declined.」
The decline in ICT-market sales of HDD-related products due to the contracting HDD market continued. - FY2020RestatedAnnual report
「Although overall HDD production declined year on year, production for data center applications increased.」
While the decline in overall HDD production continued, an increase in data center production was also confirmed for the full year. - FY2020-Q3RestatedAnnual report
「Sales of HDD heads and HDD suspensions to the ICT market declined.」
The decline in ICT-market sales of HDD-related products continued to be reported. - FY2020-Q2RestatedAnnual report
「Sales of HDD heads and HDD suspensions to the ICT market declined.」
The decline in ICT-market sales of HDD-related products was reported, indicating that the impact of the contracting HDD market continued. - FY2019SoftenedAnnual report
「Although overall HDD production declined year on year, production of HDDs for data center applications increased.」
While the decline in overall HDD production continued, an increase in data center production was confirmed for the full year. - FY2019-Q3Slowing growth in data center HDD productionAnnual report
「Production of HDDs for data center applications increased year on year, but its growth rate slowed in the third quarter of the current fiscal year.」
Data center HDD production increased year on year, but its growth rate slowed in the third quarter. - FY2019-Q2SoftenedAnnual report
「Production of HDDs fell year on year, although demand for data center applications expanded.」
While the decline in HDD production continued, data center demand was described as “expanding,” making the support from demand more evident. - FY2019-Q1SoftenedAnnual report
「Production of HDDs fell year on year, although demand for data center applications remained strong.」
While the decline in HDD production continued, data center demand was described as strong, indicating support from demand in addition to the previous contractionary impact of SSD adoption in PCs. - FY2018RestatedAnnual report
「Although HDD components for data center applications remained firm, the substantial impact of shrinking PC demand due to SSD adoption resulted in a slight decline in sales.」
Although data center demand remained firm, the full-year disclosures continued to identify the substantial impact of shrinking PC HDD demand due to SSD adoption as a risk. - FY2018-Q1SoftenedAnnual report
「The decline in hard disk drive (HDD) production narrowed due to the supply shortage of solid-state drives (SSDs), resulting in a slight year-on-year decrease compared with the cumulative period of the previous corresponding quarter.」
HDD production remained lower year on year, but the decline narrowed due to the SSD supply shortage, with the description softening from a “substantial decline” to a “slight decrease.” - FY2017RestatedAnnual report
「Production of hard disk drives (HDDs) also fell below the level of the previous consolidated fiscal year, reflecting lower demand for personal computers and the ongoing replacement of internal PC HDDs with solid-state drives (SSDs).」
The contraction of the HDD market due to lower PC demand and SSD replacement continued to be reported for the full year. - FY2017-Q3RestatedAnnual report
「Production of HDDs also remained substantially below the cumulative period of the previous corresponding quarter, reflecting lower PC demand and the ongoing replacement of internal PC HDDs with solid-state drives (SSDs).」
The decline in HDD production due to lower PC demand and SSD replacement continued through the cumulative period of the third quarter. - FY2017-Q2RestatedAnnual report
「Production of HDDs also remained substantially below the cumulative period of the previous corresponding quarter, reflecting lower PC demand and the ongoing replacement of internal PC HDDs with solid-state drives (SSDs).」
The decline in HDD production due to lower PC demand and SSD replacement continued during the cumulative period of the second quarter of the current fiscal year. - FY2017-Q1RestatedAnnual report
「Production of hard disk drives (HDDs) also remained substantially below the cumulative period of the previous corresponding quarter, reflecting lower demand for personal computers and the ongoing replacement of internal PC HDDs with solid-state drives (SSDs).」
The decline in HDD production due to lower PC demand and SSD replacement continued year on year. - FY2016MaterialisedAnnual report
「Production of hard disk drives (HDDs) also remained substantially below the previous consolidated fiscal year, reflecting the impact of lower demand for personal computers and the ongoing replacement of internal PC HDDs with solid-state drives (SSDs), although demand for data center applications remained firm.」
The decline in HDD production has emerged in actual market trends and lower sales of recording devices.