Response to Component Procurement Issues through Advance Ordering, Alternative Components and Multi-Sourcing
First written in FY2023-Q1. 5 of 8 entries say "Restated". Latest entry: FY2026-H1.
17 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Under these circumstances, the group is pursuing various measures as priority initiatives under its medium-term management plan, whose final year is fiscal 2025, including strengthening profitability through business selection and concentration, improving costs through more efficient business processes, strengthening procurement resilience through product development that enables the use of alternative components, and rebuilding the personnel evaluation system to support employee skill development and evaluations based on skills.」
The company continues measures to strengthen procurement resilience, including promoting product development that enables the use of alternative components. - FY2025RestatedAnnual report
「From a medium- to long-term perspective, the Company will promote R&D aimed at commercializing businesses in the near future by investing in basic technology research to keep pace with rapid technological innovation, acquiring forecasting and analytical technologies using AI, and implementing initiatives such as products using multiple sources for materials procurement to strengthen supply-chain resilience.」
The company continues product development and research and development aimed at strengthening procurement resilience, including products designed for multisourcing of materials. - FY2025-H1ReframedAnnual report
「As priority measures under the medium-term management plan ending in fiscal 2025, the company is strengthening profitability through business selection and concentration, working to reduce costs by streamlining business processes, and strengthening procurement resilience, including by promoting product development that enables the use of alternative components.」
In addition to advance procurement, alternative materials and multisourcing, the company positions product development enabling the use of alternative components as a procurement resilience measure. - FY2024AdvancedAnnual report
「The long-standing problem of extended component lead times was rapidly resolved, aided by persistent negotiations, allowing deliveries of products that had been held up to proceed.」
Ongoing negotiations to bring forward material procurement schedules have borne fruit, resulting in tangible improvements, including resolution of the issue of extended material lead times and progress in product deliveries. - FY2024-Q3RestatedAnnual report
「In response to the prolonged global supply shortages and material procurement issues, particularly in the manufacture and sale of telecommunications equipment, orders and sales of some products continued to be delayed. The company has therefore continued to switch to materials that are relatively easier to obtain, carry out the redevelopment and redesign required for those changes, and further promote multisourcing by expanding its supplier base.」
The company continues to switch to alternative materials, redevelop and redesign products, and implement multisourcing by expanding suppliers, but delays in orders and sales of some products also continue. - FY2023-Q3RestatedAnnual report
「Against this backdrop, in response to issues including longer lead times for materials caused by global supply shortages and extremely tight supply-demand conditions, our Group has pursued measures particularly in the information and telecommunications equipment manufacturing and sales business, including advance procurement to address longer lead times, switching to materials that are relatively easier to obtain, carrying out the necessary redevelopment and redesign, and further promoting multi-sourcing by expanding our supplier base. However, sales of some products have been delayed.」
The company continues to arrange materials in advance, switch to alternative materials, redevelop and redesign products, and implement multisourcing by expanding suppliers, but delays in sales of some products continue. - FY2023-Q2RestatedAnnual report
「Against this backdrop, in response to issues including longer lead times for materials caused by global supply shortages and extremely tight supply-demand conditions, our Group has pursued measures particularly in the information and telecommunications equipment manufacturing and sales business, including advance procurement to address longer lead times, switching to materials that are relatively easier to obtain, carrying out the necessary redevelopment and redesign, and further promoting multi-sourcing by expanding our supplier base. However, sales of some products have been delayed.」
The Company continues to arrange materials in advance, switch to readily available materials, carry out redevelopment and redesign, and promote multi-sourcing by expanding its supplier base, while also disclosing delays in sales of some products. - FY2023-Q1First statedAnnual report
「We have implemented measures including advance ordering and forecast-based ordering in response to longer lead times for materials, switching to materials that are relatively easier to obtain, carrying out the redevelopment and redesign required for such switches, and further promoting multi-sourcing by expanding our supplier base.」
The Company specifically lists advance ordering and forecast-based ordering, switching to readily available materials, redevelopment and redesign, and multi-sourcing through supplier diversification as measures to address materials procurement issues.