Cyclical semiconductor equipment demand and capital investment volatility risk
First written in FY2016. 11 of 32 entries say "Restated". Latest entry: 2026-10-30.
The whole theme swung hardest in 2025: 6 of 15 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- 2026-10-30Mitigatedgoogle.com
「一方、好調な半導体市場を受けて、半導体製造装置など精機事業の売り上げが伸び、営業利益は110億円から165億円、純利益は100億円から160億円にそれぞれ上振れする見込み。」
半導体市場の好調を受け、精機事業の売上高と利益の見通しが上振れした。 - 2026-10-30MitigatedRevisions to earnings forecasts
「営業利益は、好調な半導体市況の恩恵を受けた精機事業におけるサービス売上の上振れ」
好調な半導体市況と精機事業のサービス売上上振れが、中間期および通期の営業利益予想の改善要因として示された。 - FY2026RestatedAnnual report
「In semiconductor-related fields, demand for AI-related semiconductors remained firm, while other devices performed weakly.」
Demand for semiconductor-related products continued to diverge, with AI-related semiconductors remaining firm while other devices remained weak. - 2026-04-30MaterialisedOccurring Fact
「当社精機事業における半導体露光装置ビジネスの低迷により、回収可能価額が帳簿価額を下回った固定資産について 58 億円の減損損失および保有期間が長期化している棚卸資産について 56 億円の評価損を一時費用（総額 113 億円）として計上いたします。」
半導体関連需要の低迷・分化に関するリスクが、固定資産の減損損失および棚卸資産の評価損として業績上実現した。 - FY2026-H1RestatedAnnual report
「In semiconductor-related fields, demand for AI-related semiconductors remained firm, while other devices performed weakly.」
In semiconductor-related fields, demand continued to diverge, with AI-related demand remaining firm while other devices remained weak. - FY2025WorsenedAnnual report
「In semiconductor-related fields, AI-related semiconductors performed well, while overall improvement varied by device.」
Described the variation in improvement by device, with AI-related semiconductors performing well in semiconductor-related fields while overall recovery lagged. - FY2025-H1RestatedAnnual report
「In semiconductor-related fields, AI-related semiconductors performed well, while overall improvement varied by device.」
Described business-cycle and demand fluctuations in semiconductor capital investment, with AI-related applications performing well while improvement varied by device. - FY2024RestatedAnnual report
「In addition, although signs of improvement were seen in semiconductor-related capital investment overall, conditions continued to vary by customer and end product.」
Described the continued variation by customer and end product, despite signs of improvement in semiconductor-related capital investment. - FY2024-Q3MitigatedAnnual report
「In addition, demand for semiconductor-related capital investment for logic applications remained firm, while signs of recovery began to emerge in demand for memory applications.」
In addition to firm demand for logic applications, signs of recovery emerged in previously weak demand for memory applications. - FY2024-Q2RestatedAnnual report
「In addition, demand for semiconductor-related capital investment for logic applications remained firm, while demand for memory applications remained weak.」
Continued to disclose the divergence in demand for semiconductor-related capital investment, with demand for logic applications remaining firm while demand for memory applications remained weak. - FY2024-Q1RestatedAnnual report
「In addition, demand for semiconductor-related capital investment for logic applications remained firm, while demand for memory applications remained weak.」
Described the divergence in demand for semiconductor-related capital investment, with demand for logic applications remaining firm while demand for memory applications remained weak. - FY2023WorsenedAnnual report
「In addition, although capital investment in semiconductor-related fields had remained firm, it entered an adjustment phase from the third quarter onward.」
Confirmed over the full fiscal year the shift in semiconductor-related capital investment from firm conditions in the first half of the fiscal year to an adjustment phase from the third quarter onward. - FY2023-Q3WorsenedAnnual report
「In addition, capital investment in semiconductor-related fields entered an adjustment phase and remained flat.」
Described semiconductor-related capital investment as entering an adjustment phase from an expansion trend and remaining flat. - FY2023-Q2MitigatedAnnual report
「In addition, capital investment in semiconductor-related fields remained firm.」
Despite business-cycle and capital-investment fluctuation risks in the semiconductor market, semiconductor-related capital investment remained firm during the cumulative second-quarter consolidated period. - FY2023-Q1MitigatedAnnual report
「In the Precision Machinery Business, capital investment in FPD-related fields remained firm for both small- and medium-sized panels and large panels. Capital investment in semiconductor-related fields also remained firm.」
Semiconductor-related capital investment remained firm. Although sales volume for new and used semiconductor exposure equipment increased, operating profit declined due to lower profit from the service business. - FY2022MitigatedAnnual report
「In the Precision Machinery Business, while the FPD Equipment Business supported earnings, the Semiconductor Equipment Business achieved a measure of success in developing new customers. In addition, service revenue remained firm, supported by the high utilization rates of existing equipment, making the business increasingly stable.」
Described the Precision Machinery Business as becoming more stable through customer development for semiconductor equipment and service revenue from existing equipment, despite its exposure to fluctuations in capital investment. - FY2022-Q2MitigatedAnnual report
「In addition, capital investment in semiconductor-related fields entered an expansion trend.」
Described the shift in semiconductor-related capital investment from the completion of investment cycles and slowdown through the previous fiscal year toward an expansion trend. - FY2022-Q1MitigatedAnnual report
「Capital investment in semiconductor-related fields entered an expansion trend.」
Described the shift in the capital investment environment, which had deteriorated due to the slowdown in the semiconductor market and the completion of investment cycles by major customers, toward an expansion trend. - FY2021WorsenedAnnual report
「In the semiconductor exposure equipment field, sales volume declined and revenue decreased, partly due to the completion of investment cycles by major customers.」
While a recovery trend in the semiconductor market was indicated, exposure equipment sales volume declined and lower revenue materialized as major customers completed their capital investment cycles. - FY2021-Q3WorsenedAnnual report
「In the semiconductor exposure equipment field, sales volume declined and revenue decreased, partly due to the completion of investment cycles by major customers.」
While a recovery trend in semiconductor-related capital investment was indicated, a decline in exposure equipment sales volume and lower revenue materialized as major customers completed their investment cycles. - FY2021-Q2WorsenedAnnual report
「Although the semiconductor market, the target market for semiconductor exposure equipment, is expected to grow substantially over the medium to long term, demand for immersion exposure equipment may decline depending on the transition of advanced process development to EUVL and the extent of production-efficiency improvements. In response, under a business strategy focused on profitability, the Company will pursue new customers beyond its existing user base and expand its service business.」
Clearly identified the risk of declining demand for immersion exposure equipment due to the transition to EUVL and production-efficiency improvements, and presented developing customers beyond existing customers and expanding the service business as countermeasures. - FY2020MitigatedAnnual report
「Capital investment in semiconductor-related fields entered a recovery trend.」
Described the shift in semiconductor-related capital investment from the slowdown and leveling-off phase in the semiconductor market to a recovery trend. - FY2020-Q3MitigatedAnnual report
「In the Precision Machinery Business, capital investment in FPD-related fields for small- and medium-sized panels had leveled off, while capital investment for large panels remained firm. In semiconductor-related fields, signs emerged that the semiconductor market had bottomed out, and capital investment entered a recovery trend.」
Signs emerged that the semiconductor market had bottomed out, and semiconductor-related capital investment entered a recovery trend. In FPD, investment for small- and medium-sized panels had leveled off, while investment for large panels remained firm. - FY2020-Q2WorsenedAnnual report
「In semiconductor-related fields, capital investment showed signs of leveling off in response to the slowdown in the semiconductor market.」
Described the situation in which semiconductor-related capital investment was leveling off in response to the slowdown in the semiconductor market. The slowdown phase through the previous quarter continued. - FY2020-Q1WorsenedAnnual report
「In semiconductor-related fields, capital investment showed signs of leveling off in response to the slowdown in the semiconductor market.」
Described the situation in which semiconductor-related capital investment was leveling off in response to the slowdown in the semiconductor market. The slowdown phase in the latter half of the fiscal year identified in the previous fiscal year continued into the current quarter. - FY2019WorsenedAnnual report
「In the Precision Machinery Business, capital investment in FPD-related fields remained firm. Capital investment in semiconductor-related fields also remained firm, although it entered a slowdown phase in the latter half of the fiscal year.」
Described the shift in semiconductor-related capital investment from firm conditions in the first half of the fiscal year to a slowdown phase in the latter half. - FY2018RestatedAnnual report
「If semiconductor devices become oversupplied in the market, demand for exposure equipment may decline as semiconductor manufacturers scale back capital investment, and it is difficult to accurately predict the timing, duration and magnitude of such fluctuations.」
Continued to disclose the risks of semiconductor device oversupply, restrained capital investment and declining demand for exposure equipment. - FY2018-Q3RestatedAnnual report
「The semiconductor industry, which is the target market for semiconductor exposure equipment, is characterized by significant business-cycle volatility. Although this trend has weakened in recent years as end products have diversified, if semiconductor devices become oversupplied in the market, demand for exposure equipment may decline as semiconductor manufacturers scale back capital investment. It is difficult to accurately predict the timing, duration and magnitude of such fluctuations.」
Continues to disclose the risks of semiconductor device oversupply, restrained capital investment and declining demand for exposure equipment. - FY2018-Q2RestatedAnnual report
「The semiconductor industry, which is the target market for semiconductor exposure equipment, is characterized by significant business-cycle volatility. Although this trend has weakened in recent years as end products have diversified, if semiconductor devices become oversupplied in the market, demand for exposure equipment may decline as semiconductor manufacturers scale back capital investment. It is difficult to accurately predict the timing, duration and magnitude of such fluctuations.」
Continues to disclose the risks of semiconductor device oversupply, restrained capital investment and declining demand for exposure equipment. - FY2017RestatedAnnual report
「Although this trend has weakened in recent years as end products have diversified, the semiconductor industry is characterized by substantial fluctuations in the business cycle.」
It continued to identify risks from fluctuations in capital investment in the semiconductor and FPD markets, deferred or canceled orders, and rising inventories. - FY2017-Q1RestatedAnnual report
「In the Precision Equipment Business, capital investment in semiconductor-related fields showed a slight downward trend compared with the previous fiscal year, while capital investment in FPD-related fields remained strong, centered on equipment investment for small- and medium-sized panels.」
It continued to identify cyclical and capital investment volatility risks associated with a slight contraction in semiconductor-related capital investment. - FY2016First statedAnnual report
「Although this trend has weakened in recent years as end products have diversified, the semiconductor industry is characterized by substantial fluctuations in the business cycle.」
Risks include restrained capital investment during periods of oversupply, lower demand for lithography equipment, rising inventories, and deferred or canceled orders.