Production Adjustments by Automakers Due to the Global Semiconductor Shortage
First written in FY2022-Q1. 6 of 9 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2025: 9 of 28 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the first nine months of the fiscal year, the business environment for domestic and overseas truck and construction machinery operations remained uncertain. Although shortages of semiconductors and other parts were improving, the yen's depreciation and concerns about a global economic downturn persisted.」
Although shortages of semiconductors and other parts were reported to have begun easing, uncertainty over the outlook for the business environment continued. - FY2024-Q2RestatedAnnual report
「During the first six months of the fiscal year, the business environment for domestic and overseas truck and construction machinery operations remained uncertain. Although shortages of semiconductors and other parts were improving, the yen's depreciation and concerns about a global economic downturn persisted.」
Shortages of semiconductors and other parts were reported to have begun easing, with the improvement in supply constraints continuing from the previous quarter. Meanwhile, the business environment remained uncertain. - FY2024-Q1MitigatedAnnual report
「During the first quarter of the fiscal year, the business environment for domestic and overseas truck and construction machinery operations remained uncertain. Although shortages of semiconductors and other parts were improving, raw material prices and energy costs remained elevated, while sharp currency fluctuations and concerns about a global economic downturn persisted.」
It was stated that shortages of semiconductors and other parts had begun to ease, indicating some improvement in the supply constraint risks seen through the previous period. However, the business environment remained uncertain. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, the business environment for domestic and overseas truck and construction machinery operations remained uncertain. Parts supply constraints continued due to China's lockdowns, the semiconductor shortage and logistics disruptions, while energy costs and raw material prices remained elevated because of conditions in Europe, alongside sharp currency fluctuations.」
Parts supply constraints resulting from the semiconductor shortage, disruptions to logistics and other factors continued, reaffirming the uncertainty over the outlook for the production environment. - FY2023-Q2RestatedAnnual report
「During the six months ended the second quarter of the current fiscal year, the business environment for domestic and overseas trucks and construction machinery remained uncertain due to continuing supply constraints for parts caused by China's lockdowns, the semiconductor shortage and logistics disruptions, as well as higher energy and resource prices resulting from the situation in Europe.」
The global semiconductor shortage and parts supply constraints continued, while China's lockdowns and disruptions to logistics added to the ongoing uncertainty in the production environment. - FY2023-Q1RestatedAnnual report
「The business environment remained uncertain due to the continuing semiconductor shortage, China's lockdowns, soaring resource prices resulting from the situation in Europe and other factors. Exports of ordinary and light-duty trucks combined increased from the same period of the previous year, but domestic production decreased due to the semiconductor shortage and other factors.」
The continuing global semiconductor shortage was reflected in a decline in domestic production despite increased exports. - FY2022-Q3RestatedAnnual report
「During the nine months ended the third quarter of the current fiscal year, domestic and overseas demand for trucks and construction machinery was on a recovery trend, but supply constraints for parts due to the resurgence of COVID-19 and the global semiconductor shortage, among other factors, continued, leaving the outlook uncertain.」
Although the global semiconductor shortage and parts supply constraints continued, production increases were also reported at multiple sites, including in the United States, during the quarter, reaffirming that the risk remains present. - FY2022-Q2WorsenedAnnual report
「During the six months ended the second quarter of the current fiscal year, domestic and overseas demand for trucks and construction machinery was on a recovery trend, but was affected by sharply lower production due to the global semiconductor shortage and difficulty procuring parts.」
The impact of production adjustments due to the semiconductor shortage was reported not only at U.S. sites but also as substantial production cuts in the domestic and overseas truck and construction machinery businesses. - FY2022-Q1First statedAnnual report
「Although domestic and overseas demand for trucks and construction machinery during the cumulative first quarter of the current consolidated fiscal year had been recovering since the third quarter of the previous fiscal year, it was still affected by the spread of COVID-19, the global semiconductor shortage and other factors. Although domestic automobile demand increased, production at PK U.S.A.,INC. decreased from the same period of the previous year due to production adjustments by finished-vehicle manufacturers resulting from the semiconductor shortage and other factors.」
It was stated that the global semiconductor shortage affected the demand environment and production adjustments by finished-vehicle manufacturers, and was reflected in an actual decline in production at U.S. sites.