Supply-Cost Concerns Arising from Delayed Component Procurement and Price Increases
First written in FY2018-Q3. 5 of 15 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2026.
Tamura 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.
25 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Sales increased in line with the substantial rise in material prices under a market-linked pricing system. However, during periods of rapid price increases, price revisions failed to keep pace, particularly in the latter half of the fiscal year, resulting in lower profitability.」
Sales increased under pricing linked to material prices, but revisions failed to keep pace with rapid price increases, and the decline in profitability became apparent. - FY2024-Q2MitigatedAnnual report
「Production of LED products for vending machines recovered as shortages of components, including semiconductors, eased.」
The easing of component shortages, including semiconductors, led to a recovery in production of LED products for vending machines and partially mitigated the impact of supply constraints. - FY2024-Q1MitigatedAnnual report
「Although signs emerged that production adjustments by automotive customers due to the semiconductor shortage were easing, sales of boost reactors for automotive applications remained sluggish.」
Signs emerged that production adjustments by automotive customers due to the semiconductor shortage were easing, partially mitigating concerns over component supply, but sluggish sales of boost reactors for automotive applications remained. - FY2023RestatedAnnual report
「The electronics market relevant to the group was affected by reduced automobile production due to the semiconductor shortage…although」
Reduced automobile production due to the semiconductor shortage continued to be cited as a concern in the business environment. - FY2023-Q3RestatedAnnual report
「The electronics market relevant to the group was negatively affected by factors including reduced automobile production due to the semiconductor shortage, although」
Reduced automobile production due to the semiconductor shortage continued to be cited as a concern regarding component sourcing and supply. - FY2023-Q1RestatedAnnual report
「Against this backdrop, the group launched a new medium-term management plan, Energize the Future 100, in fiscal 2022, with fiscal 2024, the Company's 100th anniversary, as its final year.…The Company also implemented measures to address difficulties in sourcing components and worked to ensure reliable product supplies to customers.」
Difficulties in sourcing components continued to pose a supply concern, while the Company proceeded with reliable supplies to customers as it implemented countermeasures. - FY2022WorsenedAnnual report
「This was because price revisions failed to keep pace with the surge in material prices.」
Price revisions in response to surging material prices failed to keep pace sufficiently, resulting throughout the fiscal year in a failure of profit margins to improve despite higher sales. - FY2022-Q3WorsenedAnnual report
「In addition, difficulties arose in sourcing components, including semiconductors, and the situation remains uncertain with regard to the production of new products scheduled for delivery in the fourth quarter.」
Difficulties in sourcing components such as semiconductors continued, with a possible impact on production of new products scheduled for delivery in the fourth quarter. - FY2022-Q2WorsenedAnnual report
「On the earnings side, we have been taking measures to address higher prices for raw materials such as copper, steel and petrochemical products by introducing market-linked price revision systems for customers. However, we were unable to fully absorb the impact because market prices continued to rise.」
Although the Company is introducing a market-linked pricing system, raw material prices continued to rise and the Company remained unable to fully absorb the impact, which continued to put pressure on actual profit. - FY2022-Q1WorsenedAnnual report
「In the electronics market relevant to the Group, robust demand for industrial machinery and consumer electronics continued, but business operations remained difficult due to soaring raw material prices, including copper, iron, and petrochemical products, and difficulties procuring components, particularly semiconductors.」
In addition to the existing concerns over component supply, difficulties in sourcing components, including semiconductors, were explicitly identified, broadening concerns over the cost of supplying raw materials and components. - FY2021MaterialisedAnnual report
「In addition, surging prices for raw materials such as copper, iron and petrochemical products, as well as appreciation of the Chinese yuan against the US dollar at the Company's production sites in China, became factors weighing on profit.」
Surging raw material prices and appreciation of the Chinese yuan actually reduced profit in the electronic components-related business. The Company is also proceeding with measures to revise prices in line with market prices. - FY2019-Q3MitigatedAnnual report
「In the electronic components-related business, the resolution of difficulties in procuring components and normalization of material prices such as copper provided a tailwind for profit, but」
The impact of difficulties in sourcing components and higher material prices, which had become apparent through the previous quarter, was mitigated as sourcing difficulties eased and prices normalised. - FY2019-Q1MaterialisedAnnual report
「The operating environment for corporate production activities remained challenging due to surging market prices and delivery delays caused by supply shortages of some components, as well as rising labor costs and difficulty recruiting personnel in China.」
Shortages of certain components, surging market prices and delivery delays actually occurred, leading to higher costs for unit products and deteriorating factory utilisation. - FY2018MaterialisedAnnual report
「In the latter half of fiscal 2017, surging market prices caused by supply shortages of some components, rising prices of materials such as copper, and volatile foreign exchange movements affected results, causing profitability to decline somewhat despite solid sales.」
Shortages of components and surging market prices actually occurred and, together with higher material prices and other factors, contributed to lower profitability. - FY2018-Q3First statedAnnual report
「Recently, concerns have also arisen over delays in procuring some components, rising prices of materials such as copper, and foreign exchange fluctuations.」
Delays in sourcing certain components and price increases were independently confirmed for the first time as actual concerns during the cumulative third quarter of the current fiscal year.