Vehicle Supply Constraints Caused by Semiconductor Shortage
First written in FY2022-Q1. 3 of 12 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2025.
Mitsubishi Motors moved to the "Worse" side of this theme in 2021.
4 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The easing of global vehicle supply constraints led to renewed intensification of sales competition, making the operating environment surrounding the Group increasingly difficult.」
While vehicle supply constraints involving semiconductors and other components moved toward easing, sales competition intensified again as a result. The disclosure states that the risk posed by the supply constraints themselves had declined. - FY2024MitigatedAnnual report
「In the second half of the consolidated fiscal year, inventory shortages caused by semiconductor shortages and other factors were largely resolved, and the competitive environment at sales sites moved toward normalisation.」
Inventory shortages caused by semiconductor shortages and other factors were largely resolved, and supply constraints on production and sales moved toward easing. However, intensifying competition accompanying the easing of supply constraints became a new pressure on earnings. - FY2024-Q3MitigatedAnnual report
「Production has largely normalised as a result of improved supplies of semiconductors and other components.」
Production largely normalised as supplies of semiconductors and other components improved, and the previous vehicle supply constraints moved toward easing. However, other pressures in the sales environment, including weaker demand and intensifying competition, have emerged. - FY2024-Q2Improvement in supply constraints and constraints remainingAnnual report
「Our company was unable to make progress in reducing its order backlog because of shortages in the supply of semiconductors and other components, but overall results increased year on year. The market is recovering, but the impact of shortages of semiconductors and other components remains in some areas, and developments will need to be monitored closely.」
While component supply constraints remain in some areas and are hindering the reduction of the order backlog, domestic sales increased year on year, with both improvement and residual effects of the constraints evident. - FY2024-Q1Improvement in supply constraints and constraints remainingAnnual report
「Production constraints caused by shortages in the supply of semiconductors and other components are also moving toward resolution, and automotive production is increasing in various regions.」
Production constraints caused by shortages in the supply of semiconductors and other components are said to be moving toward resolution, and production is increasing in various regions. However, Japanese kei cars continue to be affected by shortages in the supply of components. - FY2023-Q3Changes in the factors causing supply constraintsAnnual report
「While the semiconductor supply system is gradually being put in place, there are no signs that the global shortage of shipping capacity is subsiding, and resolving the vehicle supply shortage is likely to take some time.」
Regarding vehicle supply constraints, there are signs of improvement in the semiconductor supply system, but the global shortage of shipping capacity remains as a new constraint, and resolving the supply shortage is expected to take time. - FY2023-Q2RestatedAnnual report
「All countries are gradually returning to pre-pandemic conditions, and demand has been recovering steadily. Meanwhile, vehicle supply constraints continue, with no clear prospect of resolution.」
While demand is on a recovery trend, vehicle supply constraints caused by shortages of semiconductors and other components continue, and the timing of their resolution remains unforeseeable. - FY2023-Q1WorsenedAnnual report
「Meanwhile, the impact of shortages in the supply of semiconductors and other components had not improved materially, affecting overall demand.」
Shortages in the supply of components, including semiconductors, have not materially improved and continue to constrain production and sales of key ASEAN models and in each region. Parts shortages caused by the Shanghai lockdown also compounded the situation. - FY2022-Q3MaterialisedAnnual report
「Meanwhile, sales in the kei-car segment declined because of vehicle supply shortages caused by semiconductor shortages and the suspension of production and shipments of the eK Space and eK X Space from December onward.」
Vehicle supply constraints caused by semiconductor shortages materialized in actual results as lower kei-car sales. - FY2022-Q3RestatedAnnual report
「Meanwhile, production constraints stemming from semiconductor shortages continued to affect our sales.」
Production constraints caused by semiconductor shortages and their impact on sales continued into the third quarter. - FY2022-Q2MaterialisedAnnual report
「Automotive demand in Japan was on a recovery trend from the previous fiscal year, but the vehicle supply shortage caused by semiconductor shortages prevented demand from recovering to pre-pandemic levels. Our company was also affected by semiconductor shortages, particularly in its core models.」
Vehicle supply constraints caused by semiconductor shortages continued to constrain the recovery in sales of core models. Japan sales were 34 thousand units, an increase of only 7 thousand units year on year. - FY2022-Q1First statedAnnual report
「Automotive demand in Japan was on a recovery trend from the sharp downturn in the previous fiscal year caused by the spread of COVID-19, but the vehicle supply shortage resulting from semiconductor shortages prevented demand from recovering to pre-pandemic levels.」
The supply-demand squeeze caused by semiconductor shortages materialized as an actual vehicle supply shortage, constraining the recovery in sales of core models in Japan. In China and other regions, the impact emerged as sluggish growth in the overall market.