Customer Production Adjustments and Declining Orders Due to Semiconductor Shortages
First written in FY2022-Q1. 5 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 28 companies on the "Worse" side.
54 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The impact of production cuts caused by Chinese competition in the automotive market has begun to ease, and display-related products remained firm.」
The Company reports that display-related products remained firm as recovery was seen from the impact of automobile production cuts caused by Chinese competition. - FY2024RestatedAnnual report
「The business environment remained difficult. Although the semiconductor supply shortage gradually eased and signs of recovery emerged, orders declined at component manufacturers that are customers of the company due to the consolidation of production sites, and production adjustments for automotive components continued, preventing a full-scale recovery.」
Although the semiconductor supply shortage itself has eased, the Company has reaffirmed that a full-scale recovery has not been achieved because customers continue to consolidate production sites and adjust production of automotive components. - FY2024-Q3Updated information on easing semiconductor supply shortages and continued inventory adjustmentsAnnual report
「Conditions remained difficult because, although the semiconductor supply shortage has gradually eased and signs of recovery have emerged, inventory adjustments have continued and a full-scale recovery has not yet been achieved. In addition, the environment for capital investment in production machinery remains lackluster.」
Although the semiconductor supply shortage is gradually easing, continued inventory adjustments have prevented a full-scale recovery, and the capital investment environment for production machinery also remains weak, the Company states. - FY2024-Q2Updated the easing of the semiconductor supply shortage and the shortfall from the expected recovery.Annual report
「Against this backdrop, the business environment surrounding the Company remained challenging, as the gradual easing of the semiconductor supply shortage has led to signs of a recovery but not yet to a full-fledged recovery, while the investment environment for production machinery also lacked strength.」
Although the semiconductor shortage is gradually easing, a full recovery has not yet been achieved, and the business environment remains difficult because the environment for capital investment in production machinery is also weak. - FY2024-Q1Updated the transmission of semiconductor shortages to customer inventory adjustmentsAnnual report
「Although signs of recovery have emerged in the automotive market, which is associated with the company's core products, as the semiconductor supply shortage has gradually eased, conditions remained challenging because inventory adjustments at component manufacturers that are the company's customers had not yet been resolved.」
Although the semiconductor supply shortage itself is gradually easing, inventory adjustments by component manufacturers serving business partners remain unresolved, and the business environment for automotive applications remains challenging. - FY2023Updated the impact pathway from semiconductor shortages to customer inventory adjustmentsAnnual report
「Although the shortage of semiconductor supplies gradually eased in the automotive market and vehicle production showed signs of recovery, component manufacturers that are the company's customers adjusted production to restore inventories of automotive components to appropriate levels.」
Although the semiconductor shortage itself is said to have gradually eased, orders for automobiles decelerated sharply in the fourth quarter as customers adjusted inventories and production. - FY2023-Q2RestatedAnnual report
「Although global demand for smartphones, a market related to the company's main products, slowed and the continuing semiconductor shortage affected the automotive market, performance remained generally firm because the impact on the company was limited.」
Although the semiconductor shortage has continued to affect the automotive market, the company has reconfirmed that its impact on the company has been minor and operations have remained generally firm. - FY2023-Q1RestatedAnnual report
「Although production trends varied among customers due mainly to the continuing semiconductor supply shortage in the smartphone and automotive markets, to which the company’s main products are related, domestic operations remained generally firm because the impact was limited in Japan.」
Although semiconductor shortages continue and production trends vary among customers, the impact on domestic operations has been minor and business remains generally solid, the company has reconfirmed. - FY2022RestatedAnnual report
「In the smartphone and automobile markets related to our core products, production trends varied among customers due to the impact of the semiconductor shortage. While our Chinese subsidiary was significantly affected, the impact in Japan was limited, and business therefore remained generally firm.」
The company has reconfirmed that differences in production trends among business partners caused by semiconductor shortages and the significant impact on its Chinese subsidiary continue, while domestic operations remain generally firm. - FY2022-Q3RestatedAnnual report
「In the automotive and smartphone markets related to the Group's mainstay products, production trends varied by business partner due to the impact of semiconductor shortages. The Chinese subsidiary was significantly affected, while operations in Japan remained generally firm.」
While differences in production trends among business partners due to the semiconductor supply shortage and its significant impact on the Chinese subsidiary continue, domestic operations have generally remained solid, it has reconfirmed. - FY2022-Q2WorsenedAnnual report
「Against this backdrop, the business environment surrounding our group remained generally firm. In the smartphone and automobile markets related to our core products, production trends varied among customers due to the semiconductor shortage. While our Chinese subsidiary was significantly affected, the impact in Japan was limited. In sales of film-forming-related products, sales of film-forming processing materials fell sharply due to production adjustments resulting from the semiconductor shortage.」
The impact of the semiconductor supply shortage materialized in the form of a substantial decline in the Chinese subsidiary's business and sales of film-deposition processing materials, while the impact in Japan was described as limited. - FY2022-Q1First statedAnnual report
「Orders for anti-reflective and anti-smudge films for automotive cover panels declined as customers adjusted production owing to the impact of semiconductor shortages.」
The semiconductor supply shortage has been identified as a new external risk, and is already having an actual impact in the form of production adjustments by business partners and lower orders for antireflective and anti-soiling films for automotive cover panels.