Concerns about the impact of semiconductor shortages on the market and production
First written in FY2022-Q1. 3 of 9 entries say "Restated". Latest entry: FY2024.
Tokyo Radiator Mfg. moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 25 of 37 companies on the "Worse" side.
13 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「During the current fiscal year, the truck market, the principal market for our group, saw semiconductor shortages and other supply chain disruptions subside, while demand remained firm in the Japanese market.」
Regarding parts shortages and production delays caused by the semiconductor shortage, the company explained that supply chain disruptions had subsided, indicating that the impact had eased from the previous phase. - FY2024-Q3RestatedAnnual report
「During the nine months ended 31 December 2023 (1 April 2023–31 December 2023), the truck market, the principal market for our group (the Company and its consolidated subsidiaries), saw semiconductor shortages and other supply chain disruptions subside, while demand remained firm in the Japanese market.」
The disclosure reconfirms that semiconductor shortages and supply chain disruptions had subsided and that demand in the Japanese market remained firm. - FY2024-Q2RestatedAnnual report
「During the first six months of the current fiscal year (1 April 2023–30 September 2023), the truck market, the principal market for our group (the Company and its consolidated subsidiaries), saw semiconductor shortages and other supply chain disruptions subside, while demand remained firm in the Japanese market.」
Regarding parts shortages and production delays caused by semiconductor shortages, the disclosure reconfirms that supply chain disruptions had subsided and that demand in the Japanese market remained firm. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the current fiscal year (1 April 2023–30 June 2023), the truck market, the principal market for our group (the Company and its consolidated subsidiaries), saw semiconductor shortages and other supply chain disruptions subside, while unit sales remained firm in the Japanese market.」
Regarding the impact of parts shortages and production delays caused by semiconductor shortages, the disclosure states that semiconductor shortages and supply chain disruptions had subsided. However, other market factors, such as declining demand in China, remain. - FY2023-Q2RestatedAnnual report
「During the six months ended 30 September 2022 (1 April 2022–30 September 2022), the truck market, the principal market for our group (the Company and its consolidated subsidiaries), saw sales of vehicles for the domestic market decrease from the previous year due to delays in vehicle production caused by the global semiconductor shortage.」
Delays in vehicle production caused by the global semiconductor shortage continued, with the actual impact continuing to appear as domestic-market vehicle sales falling below the previous year’s level. - FY2023-Q1WorsenedAnnual report
「Production of vehicles for the domestic market decreased from the previous year due to the impact of production and logistics disruptions caused by the spread of COVID-19, together with parts shortages caused by semiconductor shortages.」
Parts shortages caused by semiconductor shortages have coincided with production and logistics disruptions caused by the spread of COVID-19, and have materialised as a decline in production of vehicles for the domestic market. - FY2022-Q3WorsenedAnnual report
「Against this backdrop, although Japan had remained on a gradual recovery trend from the second half of the previous fiscal year, sales decreased as a result of production adjustments caused by customers’ parts-sourcing issues. In China, demand remained solid despite a decrease in orders due to semiconductor supply shortages.」
Semiconductor shortages and parts-sourcing issues have affected not only orders in China but also production adjustments and sales declines at customers in Japan, indicating a broader impact. - FY2022-Q2MaterialisedAnnual report
「In China as well, demand had remained firm, but production adjustments resulting from semiconductor shortages caused sales in the second quarter accounting period to decrease from the first quarter accounting period.」
Semiconductor shortages led to production adjustments in China, and quarterly sales decreased from the previous quarter. The earlier concerns have materialised as an impact on production and sales. - FY2022-Q1First statedAnnual report
「Sales in the truck market and industrial and construction machinery market, the principal markets for our group (the Company and its consolidated subsidiaries), remained on a gradual recovery trend in Japan from the second half of the previous fiscal year, while remaining firm in China, despite concerns about the impact of semiconductor shortages.」
The disclosure expressly raises concerns about the impact of semiconductor shortages on the principal markets for the first time. The main text does not state any specific amount of impact or the occurrence of production stoppages.