Production adjustments by automakers due to the global semiconductor shortage
First written in FY2022-Q1. 6 of 12 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2024.
Nihon Dempa Kogyo moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 11 of 38 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「In the automotive market, which is our core business area, inventory adjustments by Tier 1 suppliers, which had built up under supply constraints caused by COVID-19, continued for longer than expected. As a result, automotive sales volumes, which account for approximately half of our sales, remained flat compared with the previous fiscal year.」
The disclosure stated that inventory adjustments by Tier 1 manufacturers related to supply constraints, including the semiconductor shortage, lasted longer than expected, leaving sales volume for automotive applications flat year on year. - FY2024-Q3MitigatedAnnual report
「In the automotive market, our core business area, Tier 1 manufacturers (manufacturers that supply components to automakers) gradually adjusted inventories that had accumulated amid supply constraints caused by the COVID-19 pandemic and other factors.」
Tier 1 manufacturers gradually adjusted inventories accumulated amid supply constraints, and the impact on the automotive supply chain related to the semiconductor shortage and other factors began to ease in some areas. - FY2024-Q2The semiconductor shortage moved toward resolution while Tier 1 manufacturers adjusted inventoriesAnnual report
「In the automotive market, our core business area, the prolonged semiconductor shortage finally began to move toward resolution, and Tier 1 manufacturers (manufacturers that supply components to automakers) gradually adjusted inventories that had accumulated amid supply constraints caused by the COVID-19 pandemic and other factors.」
The semiconductor shortage moved toward resolution and Tier 1 manufacturers proceeded with inventory adjustments, while adjustments to inventories accumulated amid supply constraints continued. - FY2024-Q1The semiconductor shortage eased while its impact continuedAnnual report
「In the automotive market, although the semiconductor shortage began to ease, its impact continued in some areas and constrained the recovery in production by Tier 1 manufacturers (manufacturers that supply components to automakers).」
Although the semiconductor shortage began to ease, its impact continued in some areas and hindered the recovery of production by Tier 1 manufacturers. - FY2023The semiconductor shortage continued while China's zero-COVID policy was liftedAnnual report
「In the automotive market, our core business area, the global semiconductor shortage continued for an extended period and became a constraint on the recovery in vehicle production. In China, the “zero-COVID” policy aimed at containing COVID-19 also affected sales for automotive and smartphone applications, but the “zero-COVID” policy was lifted in December 2022.」
While the global semiconductor shortage continued for an extended period, China's zero-COVID policy was lifted in December 2022, resulting in the coexistence of supply constraints and changes in the policy environment. - FY2023-Q3WorsenedAnnual report
「However, more recently, as the semiconductor shortage continued for an extended period, some Tier 1 manufacturers proceeded with inventory adjustments, and the value of orders received in the third quarter (October to December) declined from the second quarter (July to September).」
As the semiconductor shortage continued for an extended period, some Tier 1 manufacturers proceeded with inventory adjustments, and the value of orders received in the third quarter declined from the second quarter. - FY2023-Q2RestatedAnnual report
「In automotive applications, sales of crystal oscillators declined due in part to the impact of the semiconductor shortage.」
The decline in sales of crystal oscillators for automotive applications due to the semiconductor shortage continued, indicating that the impact of supply constraints persisted. - FY2023-Q1WorsenedAnnual report
「In addition, shortages of semiconductors and other components persisted, while smartphone demand in China continued to decline.」
The disclosure stated that shortages of semiconductors and other components had persisted and that smartphone demand in China continued to decline. - FY2022WorsenedAnnual report
「In the automotive and smartphone markets, our core business areas, shortages of semiconductors and other components and China's “zero-COVID” policy are affecting production by automakers and smartphone manufacturers.」
The impact of shortages of semiconductors and other components on automakers' and smartphone manufacturers' production continued, compounded by the impact of China's zero-COVID policy. - FY2022-Q3WorsenedAnnual report
「In the automotive market, our core business area, shortages of semiconductors and other components are affecting production by automakers.」
The situation in which shortages of semiconductors and other components affect automakers' production has continued, with supply constraints having an actual impact on production activity. - FY2022-Q2WorsenedAnnual report
「During the cumulative second quarter period under review, the global economy was affected by the growing impact of the COVID-19 pandemic on supply chains for automotive components and other products, casting a shadow over the momentum of the economic recovery.」
Shortages of semiconductors and other components became evident through their impact on supply chains for automotive components, leading to slower sales by some customers and plant shutdowns. The disclosure stated that the impact could be prolonged. - FY2022-Q1First statedAnnual report
「In the automotive market, which accounts for approximately half of our sales, some automakers were forced to adjust production due to the impact of the global semiconductor shortage on supply chains for automotive components and other products, but」
The global semiconductor shortage was first described separately as an external risk in the automotive market, with its actual manifestation in production adjustments by some automakers.