Growth Stalls in Components for Consumer Transistors
First written in FY2020-Q2. 6 of 14 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
Enomoto moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2023: 43 of 66 companies on the "Worse" side.
32 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In consumer equipment, sectors such as communications recovered and remained firm. In particular, sales of current-year smartphone models were strong compared with a typical year.」
In contrast to the previous disclosure of sluggish demand and inventory adjustments in consumer equipment, the company described a recovery in communications and strong sales of current-year smartphone models. - FY2025-H1WorsenedAnnual report
「The impact of inventory adjustments for consumer and industrial equipment, which have continued since the previous fiscal year, was significant, delaying the recovery in demand. As a result, revenue from these products was ¥5,396 million, down 10.0% year on year from the same interim period of the previous year.」
The significant impact of inventory adjustments for consumer and industrial equipment caused revenue from lead frames for power semiconductors to decline 10.0% year on year. - FY2024WorsenedAnnual report
「Lead frames for power semiconductors performed firmly in automotive applications, supported by the progress of xEV adoption and the development and spread of ADAS technologies, but the impact of inventory adjustments for consumer and industrial equipment was significant, delaying the recovery in demand.」
The disclosure has shifted from the previous description of recovering, high-level demand for consumer equipment to stating that the impact of inventory adjustments for consumer and industrial equipment is significant and that demand recovery has been delayed. - FY2024-Q3RestatedAnnual report
「The electronic components industry in which our Group operates has seen relatively firm automotive demand as xEV adoption and vehicle electrification progress. However, inventory adjustments continue in consumer and industrial equipment, including smartphones, and a full-scale recovery is expected from the middle of the next fiscal year onward.」
The company reaffirmed its view that, in contrast to firm automotive demand, inventory adjustments continue to affect demand including for consumer equipment. - FY2024-Q2RestatedAnnual report
「The main applications for these products are automotive, industrial equipment and consumer equipment. Automotive applications benefited from the progress of xEV adoption and the development and spread of ADAS technologies, but growth slowed due to inventory adjustments for industrial and consumer equipment.」
The company explained that growth in industrial and consumer equipment applications continues to slow due to inventory adjustments, while automotive applications are benefiting from the shift toward xEVs and ADAS. - FY2024-Q1WorsenedAnnual report
「Automotive applications benefited from the progress of xEV adoption and the development and spread of ADAS technologies, but growth slowed due to inventory adjustments for industrial and consumer equipment.」
The company stated that while automotive demand remained firm, growth in demand including for consumer equipment slowed due to inventory adjustments. - FY2023WorsenedAnnual report
「In the electronic components industry to which our Group belongs, unstable conditions have continued, including inventory adjustments caused by stagnation in the Chinese economy. In particular, demand for components used in consumer electronics, including smartphones, fell sharply from year-end onward.」
The disclosure has shifted from describing a recovery and high level of demand for consumer equipment through the previous fiscal year to stating that demand for components related to consumer equipment, including smartphones, fell sharply. - FY2022MitigatedAnnual report
「The main applications for these products are automotive, industrial equipment and consumer equipment. Demand began recovering in the second half of the previous consolidated fiscal year and has remained strong since then, supported in automotive applications by the accelerating shift toward vehicle electrification and the development and adoption of ADAS technologies, and in other fields by social innovation such as DX and GX, which has increased demand for power semiconductors.」
The company reaffirmed that demand for lead frames for ICs and transistors, including those for consumer equipment, recovered from the second half of the previous fiscal year and has remained at a high level. - FY2022-Q2MitigatedAnnual report
「The main applications for these products are automotive, industrial equipment and consumer equipment. Demand shifted into a recovery trend in the second half of last year and has remained at a high level since then.」
The company stated that demand for lead frames for ICs and transistors, including those for consumer equipment, entered a recovery trend in the second half of the previous fiscal year and has remained at a high level. - FY2022-Q1MitigatedAnnual report
「This product group mainly comprises products for automobiles, industrial equipment and consumer equipment. Demand fell sharply in the first half of the previous year due to the impact of COVID-19, but shifted to a rapid recovery trend from the second half and has remained strong since then. As a result, sales of this product group were ¥2,380 million, up 37.1% year on year.」
The company stated that demand for lead frames for ICs and transistors, including those for consumer equipment, began recovering in the second half of the previous fiscal year and remained strong thereafter. - FY2021MitigatedAnnual report
「Demand for lead frames for ICs and transistors remained firm throughout the year for both automotive and consumer equipment applications.」
In response to concerns that growth in components for consumer transistors had paused, the company explained that demand remained firm throughout the year for both automotive and consumer equipment applications. - FY2020MitigatedAnnual report
「Demand for lead frames for ICs and transistors remained firm throughout the year for both automotive and consumer equipment applications.」
In response to the view that growth in components for consumer transistors had paused, the company explained that demand remained firm throughout the year for both automotive and consumer equipment applications. - FY2020-Q3RestatedAnnual report
「Signs of a pause in growth have emerged for components for consumer transistors, requiring closer monitoring than before.」
The company reaffirmed its view that growth in components for consumer transistors has paused and that closer monitoring than before is required. - FY2020-Q2First statedAnnual report
「While demand for automotive lead-frame components remains stable, signs of a pause in growth have emerged for components for consumer transistors, requiring closer monitoring than before.」
Against stable demand for automotive components, the company identified the pause in growth for components for consumer transistors as a new demand risk.