Raw Material Procurement and Price Risks from War, Epidemics and Disasters

「In the Americas, the Group’s largest overseas market, adjustment of excess product inventories resulting from the resolution of difficulties procuring raw materials such as electronic components continued from the previous fiscal year. Although conditions had largely normalized recently, the adjustment affected results for the current fiscal year.」

「Temporary excess inventories resulting from the resolution of difficulties procuring raw materials such as electronic components are gradually being worked down, but a full recovery in demand has yet to be achieved.」

「Some challenges remain in procuring raw materials such as electronic components, including longer delivery times for certain key components and production discontinuations, and the company continued to focus on addressing them.」

「Although some challenges, including prolonged procurement lead times, remain in procuring raw materials such as electronic components, signs of gradual improvement have emerged at the Group.」

「Although the impact of difficulties procuring raw materials such as electronic components remains, signs of gradual improvement have emerged at the Group.」

「Although the impact of difficulties procuring raw materials such as electronic components remains, signs of gradual improvement have emerged at the Group.」

「At the Group, signs of improvement emerged from the second quarter onward in the difficulties procuring raw materials such as electronic components, which had had a strong impact since the previous fiscal year.」

「The company was strongly affected by difficulties procuring raw materials such as electronic components from the second half of the previous consolidated fiscal year, but signs of improvement began to emerge in the second quarter.」

「Although some improvement was seen in the second quarter, the company continues to be forced to cut production.」

「The Group was strongly affected by difficulties obtaining raw materials such as electronic components from the second half of the previous fiscal year, forcing production cuts for some products」

「The company was strongly affected by difficulties obtaining raw materials such as electronic components from the second half of the fiscal year, forcing production cuts for some products.」

「Shortages and rising prices of raw materials such as electronic components have had a major negative impact on production, while logistics delays and surging energy prices have also emerged as concerns for the outlook.」

「During the cumulative consolidated second-quarter period, the impact of the COVID-19 pandemic, which had continued since the previous year, was beginning to fade in developed countries where vaccination was progressing, and economic activity was also picking up. However, shortages and rising prices of raw materials such as electronic components had a major negative impact.」

「Amateur radio communications equipment posted higher sales, supported by continued solid demand. Demand for land-based business radio communications equipment and marine radio communications equipment also recovered as restrictions on activities were eased. Although some products were affected by logistics delays and difficulties obtaining raw materials such as semiconductors, sales recovered to above pre-COVID-19 levels」

「However, delays in the delivery of key devices, particularly semiconductors, have increased due to repeated fires at suppliers’ production facilities and rising global demand. To avoid disruptions, the company is urgently working to secure inventory, select alternative components and modify product designs, but production and sales of some products are expected to be affected.」

「Sales declined because disruptions in material procurement delayed the launch of new products.」

「In the fourth quarter, the impact of the COVID-19 pandemic led to demand-side downside, including postponements of large-scale events, as well as disruptions to overseas supply chains.」

「If wars, epidemics, disasters or other events occurring around the world cause raw-material prices to surge or make raw materials difficult to obtain, the Group’s operating results may be affected.」

「If wars, epidemics, disasters or other events occurring around the world cause raw-material prices to surge or make raw materials difficult to obtain, the Group’s operating results may be affected.」

「If wars, epidemics, disasters or other events occurring around the world cause raw-material prices to surge or make raw materials difficult to obtain, the Group’s operating results may be affected.」