Slowing Home-Appliance Market and Weak Demand for Air-Conditioning Reactors
First written in FY2020-Q3. 5 of 10 entries say "Softened", first in FY2025-H1. Latest entry: 2026-08-05.
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- FY2026-H1WorsenedAnnual report
「In the consumer electronics and housing markets, air-conditioner reactors remained stable, although without strong momentum,」
The description of air-conditioner reactors changed from the gradual recovery trend noted in the previous period to stable performance lacking strong momentum. - FY2025SoftenedAnnual report
「Air-conditioner reactors remained on a gradual recovery trend.」
Demand for air-conditioner reactors, which had been weak due to customer inventory adjustments, shifted to a gradual recovery trend, but was not considered to have achieved a full recovery. - FY2025-H1SoftenedAnnual report
「Although some major customers showed signs of moving out of the inventory adjustment phase, air-conditioner reactors did not achieve a full-fledged recovery.」
Demand for air-conditioner reactors showed some signs of moving out of the inventory adjustment phase at major customers and improved slightly from its previous low level, but did not achieve a full-fledged recovery. - FY2024-Q2WorsenedAnnual report
「Demand for chargers for power tools, transformers and reactors for industrial machinery, and reactors for air conditioners remained subdued due to inventory adjustments by major customers.」
Demand for air-conditioner reactors, previously considered robust, remained weak due to inventory adjustments by major customers. - FY2022MitigatedAnnual report
「Sales of chargers for power tools, reactors for air conditioners, and transformers and reactors for industrial machinery performed steadily throughout the year.」
Demand remained strong for consumer electronics-related products, including air-conditioner reactors, partially mitigating the risk of a slowdown in the consumer electronics market. - FY2022-Q1MitigatedAnnual report
「In the electronic components business, demand remained high for chargers for power tools, reactors for air conditioners, and transformers and reactors for industrial machinery customers.」
Demand remained strong for consumer electronics-related products, including air-conditioner reactors, partially mitigating the risks of a slowdown in the consumer electronics market and weak demand for air-conditioner reactors. - FY2020-Q3First statedAnnual report
「Mass production of step-up reactors for environmentally friendly vehicles at the plant in Miyagi Prefecture, which had been scheduled to begin in the early autumn, was delayed until the fourth quarter because of a change in the customer's schedule, and the planned earnings could not be secured.」
The slowdown in demand for air-conditioner reactors in the consumer electronics market spread beyond products for the Chinese market, and was disclosed for the first time as a standalone risk factor.