Capital investment opportunities arising from supply chain restructuring and the reshoring of manufacturing operations to Japan
First written in FY2023. 4 of 8 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「Japanese manufacturers are showing signs of recovery in semiconductors, electronic components and related areas as companies adapt to U.S. tariff issues and against the backdrop of growing global AI demand.」
In addition to the previously identified opportunities from reshoring manufacturing bases and capital investment in next-generation semiconductor facilities, recovery in semiconductors and electronic components was indicated against the backdrop of companies adapting to U.S. tariffs and growing AI demand. - 2026-06-16RestatedFinancial results briefing materials
「We aim to steadily capture demand for reshoring production to Japan.」
The outlook of viewing the reshoring of production sites to Japan as a medium- to long-term business opportunity continues. - FY2026-H1ReframedAnnual report
「In addition, capital investment for next-generation semiconductors entered a period of relative lull.」
Compared with the previous outlook that capital investment related to next-generation semiconductors would continue over the medium to long term, a temporary lull was explicitly noted in the current interim period. - FY2025-H1RestatedAnnual report
「On the other hand, capital investment related to next-generation semiconductors is expected to continue over the medium to long term.」
While stating that a full-scale recovery in semiconductor demand will take time, the Company maintains its outlook that capital investment related to next-generation semiconductors will continue over the medium to long term. - FY2024ReframedAnnual report
「In Japan’s manufacturing sector, the reshoring of manufacturing bases is expected to accelerate further as companies consider the need to restructure supply chains from an economic security perspective and the trend toward yen depreciation provides additional support.」
The description of reshoring as a business opportunity from major capital investment became more specific, with expectations that reshoring will accelerate against the backdrop of yen depreciation and economic security considerations. - FY2024-Q2RestatedAnnual report
「Although demand in the semiconductor market has declined due to slowing overseas economies and inventory adjustments for electronic components and other products, the reshoring of manufacturing bases continues, and capital investment in manufacturing and logistics facilities is expected to continue over the medium to long term.」
While recognizing declining demand in the semiconductor market and inventory adjustments, the Company continues to cite the reshoring of manufacturing bases and medium- to long-term capital investment in manufacturing and logistics facilities as business opportunities. - FY2024-Q1RestatedAnnual report
「Although the semiconductor demand cycle in the manufacturing sector is on a declining trend, the reshoring of manufacturing bases continues, and capital investment in manufacturing and logistics facilities is expected to continue over the medium to long term.」
While recognizing the declining trend in the semiconductor demand cycle, the Company continues to regard the reshoring of manufacturing bases and medium- to long-term capital investment in manufacturing and logistics facilities as business opportunities. - FY2023First statedAnnual report
「As manufacturing bases are being reshored through supply chain restructuring, partly in response to the COVID-19 pandemic and from an economic security perspective, major capital investments, including the construction of new plants, are planned mainly by semiconductor and electronic component manufacturers.」
This is the first explicit identification of supply chain restructuring, the reshoring of manufacturing bases and major capital investments such as new plant construction as business opportunities arising from the operating environment.