Decline in earnings from third-party maintenance service sales and repairs due to the semiconductor downturn
First written in FY2024-Q2. 2 of 5 entries say "Worsened", first in FY2024-Q3. Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Under third-party maintenance services, sales of the Charon emulator for legacy virtualization increased, while parts sales also showed signs of recovery from the impact of customers' inventory adjustments.」
It described the stagnation in demand for third-party maintenance services caused by the semiconductor downturn and customer inventory adjustments, along with growth in Charon sales and signs of recovery in parts sales. - FY2025-H1MitigatedAnnual report
「In third-party maintenance services, parts sales were recovering from the impact of customer inventory adjustments, while maintenance and rentals remained broadly solid.」
It states that parts sales under third-party maintenance services are showing signs of recovery from stagnant demand caused by customer inventory adjustments. - FY2024WorsenedAnnual report
「Demand recovery was delayed, particularly in system sales and repairs, which were affected by customers' inventory adjustments resulting from exchange-rate fluctuations.」
In system sales and repairs under third-party maintenance services, the impact of customer inventory adjustments associated with exchange-rate fluctuations emerged following the semiconductor downturn, and the delay in demand recovery continued. - FY2024-Q3WorsenedAnnual report
「The IT services business reported lower revenue and profit than in the previous quarter. In particular, demand recovery has been delayed in system sales and repairs within third-party maintenance services, which were affected by customers’ inventory adjustments resulting from currency fluctuations.」
In system sales and repairs within third-party maintenance services, the impact of customers’ inventory adjustments due to currency fluctuations continued, resulting in delayed demand recovery and lower revenue and profit in the IT services business. - FY2024-Q2MaterialisedAnnual report
「During this quarter, system sales and repairs in third-party maintenance services suffered a significant decline in profit due to the impact of the semiconductor downturn on customers’ business environments. However, in addition to signs of market recovery, the company is promoting system replacements using refurbished equipment and software emulators for legacy systems, and is focusing on these initiatives from the third quarter onward.」
System sales and repairs in third-party maintenance services actually experienced a significant decline in profit due to the semiconductor downturn. In anticipation of market recovery, the company is promoting system replacements using refurbished equipment and software emulators for legacy systems.