Global Semiconductor Shortages and Difficulties Procuring Materials
First written in FY2022-Q1. 4 of 14 entries say "Worsened", first in FY2024-Q1. Latest entry: FY2027-H1.
Nkk Switches moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
5 other companies' latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「In the electronic components market in which the Group operates, demand expanded, particularly for related equipment such as data centers and semiconductor manufacturing equipment, against a backdrop of the completion of excess inventory adjustments and increased AI-related investment.」
The disclosure states that adjustments to excess inventory stemming from shortages of semiconductors and materials have run their course and that demand expanded against a backdrop of AI-related investment. - FY2026MitigatedAnnual report
「Although adjustments to excess inventories stemming from past semiconductor shortages and other factors are largely nearing completion, a full-fledged recovery in demand is still expected to take time.」
The focus has shifted from the semiconductor and material shortages themselves to a phase in which excess inventory adjustments are nearing completion while demand recovery is lagging. - FY2025-H1ReframedAnnual report
「The market is carrying excess inventory as a result of excessive forward ordering prompted by semiconductor and raw-material shortages several years ago, and the inventory adjustment cycle remains ongoing.」
The description of the risk has shifted from the semiconductor and material supply shortages themselves to excessive ordering stemming from past shortages, rising market inventories and inventory adjustment. - FY2024WorsenedAnnual report
「The market is currently carrying excess inventory as a result of excessive forward ordering prompted by the global semiconductor and raw-material shortages that began in 2021. The situation remains unpredictable due to soaring raw-material and energy prices, inflation and other factors.」
The effects of semiconductor and raw-material shortages have spread beyond procurement difficulties to excessive forward ordering, rising market inventories and an inventory adjustment cycle. - FY2024-Q3WorsenedAnnual report
「Globally, advance orders driven by semiconductor and raw material shortages since last year have subsided, while market inventories have accumulated」
While semiconductor and raw material shortages continue, advance orders driven by those shortages have subsided and market inventories have accumulated. The impact of supply shortages has also extended to demand and inventory conditions. - FY2024-Q2WorsenedAnnual report
「Although economic activity in Japan was moving toward normalization under the “with-COVID” policy and private consumption and inbound demand continued to recover, advance orders arising from semiconductor and raw material shortages since the previous year had leveled off. The outlook remained uncertain due to the effects of globally soaring energy prices, rising prices and other factors.」
Amid continuing semiconductor and raw material shortages, the company describes the subsiding of advance orders driven by those shortages, with the impact of component and material shortages on the business environment becoming more specific. - FY2024-Q1WorsenedAnnual report
「Advance orders driven by semiconductor and raw material shortages since last year have subsided, but conditions remain unpredictable due to inflation caused by surging global raw material prices and monetary tightening.」
Amid continuing semiconductor and raw material shortages, the company describes the subsiding of advance orders driven by those shortages and inflation caused by surging raw material prices. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter ended, the global economic environment surrounding our group remained on a recovery trend as restrictions on activity related to COVID-19 were eased. However, difficult conditions continued, including the impact on the global economy of geopolitical risks such as the prolonged situation in Russia and Ukraine, as well as shortages of semiconductors and other components worldwide, surging raw material prices including crude oil, higher transportation costs resulting from supply chain disruptions, and other factors.」
The company indicates that global shortages of components, including semiconductors, along with surging raw material prices and transport costs, continue to occur. - FY2022MaterialisedAnnual report
「The group is working to achieve stable procurement of raw materials and other items, but shortages of components and materials, including semiconductors, have continued worldwide since last year, resulting in sharp increases in procurement costs for components and materials, logistics expenses, labor costs, and other expenses.」
Shortages of components and materials, including semiconductors, have continued since last year, with actual increases in procurement costs, logistics expenses, and labor costs. - FY2022-Q3RestatedAnnual report
「In addition to concerns about a renewed spread of infections caused by variants, the company faced global semiconductor supply shortages and difficulty procuring materials, and conditions remain uncertain.」
The company describes global semiconductor supply shortages and difficulty procuring materials as supply-side risks continuing from the previous quarter. - FY2022-Q2RestatedAnnual report
「In addition to the spread of infections in emerging markets, the company faced global semiconductor supply shortages and difficulty procuring materials, and conditions remain uncertain.」
The company describes global semiconductor supply shortages and difficulty procuring materials as supply-side risks continuing from the previous quarter. - FY2022-Q1First statedAnnual report
「The company faced concerns about a renewed spread of infections caused by variant viruses, as well as global semiconductor shortages and difficulty procuring materials」
The company describes global semiconductor shortages and difficulty procuring materials as new supply-side risks in the economic environment.