Projector Production Constraints Caused by Supply Constraints on Semiconductors and Other Components
First written in FY2022-Q2. 5 of 11 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 12 of 14 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「Sales of fly-eye lenses increased due to a higher proportion of high-priced products in the sales mix and the completion of the normalization of component inventory levels at projector manufacturers.」
Regarding the normalization of component inventories following the previous semiconductor shortages and logistics disruptions, the company states that normalization of inventory levels at the manufacturers had reached a lull, contributing to higher fly-eye lens sales. The impact of supply constraints and inventory adjustments is easing. - FY2024Prolonged inventory adjustments and weak demand in ChinaAnnual report
「During the current consolidated fiscal year, sales of the group’s reflector mirrors and fly-eye lenses for projectors declined because projector demand remained weak, particularly in the Chinese market, and inventory adjustments by projector manufacturers were prolonged.」
The situation progressed from a phase of normalizing component inventory levels to one in which prolonged inventory adjustments by manufacturers and weak demand, particularly in the Chinese market, led to lower sales. - FY2024-Q3Normalization of component inventories nearing completion and weak demand in ChinaAnnual report
「During the cumulative third quarter of the consolidated fiscal period, projector manufacturers continued to normalize parts inventory levels following the resolution of global logistics disruptions and the end of China's zero-COVID policy. Although this process had largely run its course, projector demand weakened, mainly in the Chinese market, and the Group's sales of projector mirrors and fly-eye lenses declined.」
The explanation has shifted from supply restrictions on semiconductors and other components to a phase in which normalization of projector manufacturers’ component inventories had largely run its course. Meanwhile, softer demand, particularly in the Chinese market, has led to lower sales. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal period, projector demand weakened for home and office use, among other applications. As projector manufacturers continued to normalize parts inventory levels following the resolution of global logistics disruptions and the end of China's zero-COVID policy, the Group's sales of projector mirrors and fly-eye lenses declined.」
The company has reiterated that the situation has changed from supply restrictions on semiconductors and other components to a phase in which projector manufacturers’ component inventory levels continue to normalize following the resolution of logistics disruptions. Softer demand and lower sales of the company’s products are also noted. - FY2024-Q1From supply constraints to normalization of component inventoriesAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, projector demand remained firm, mainly for education. However, sales of the group’s reflector mirrors and fly-eye lenses for projectors declined as projector manufacturers continued to normalize component inventory levels following the resolution of global logistics disruptions and the end of China’s zero-COVID policy.」
The explanation has changed from production impacts caused by supply restrictions on semiconductors and other components to a phase in which projector manufacturers’ component inventories are normalizing after the resolution of logistics disruptions. Meanwhile, this inventory adjustment has led to lower sales of the company’s products. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the pace of the global economic recovery slowed due to higher resource prices resulting from the situation in Ukraine, higher interest rates caused by monetary tightening by central banks in major countries, and semiconductor shortages that continued in some areas.」
The company has reiterated that supply constraints, including semiconductor shortages that continue in some areas, have slowed the economic recovery. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the pace of the global economic recovery slowed due to surging energy prices resulting from the continued deterioration of the situation in Ukraine, the prolonged semiconductor shortage and global supply chain disruption caused by the Shanghai lockdown.」
The company states that the prolonged semiconductor shortage and supply chain disruption caused by the Shanghai lockdown have continued. Projector demand is recovering, but supply constraints affecting the production environment remain. - FY2023-Q1MaterialisedAnnual report
「The pace of the economic recovery slowed due to a shortage of components, mainly semiconductors, and the global supply chain disruption exacerbated by the Shanghai lockdown.” “Sales of reflector mirrors declined as a reaction to projector manufacturers bringing forward component procurement in the fourth quarter of the fiscal year ended March 2022 against the backdrop of disruption in international logistics.」
Component shortages, the Shanghai lockdown and disruption in international logistics actually occurred, with the impact appearing as projector manufacturers bringing forward procurement and reflector mirror sales declining as a reaction. - FY2022RestatedAnnual report
「During the current consolidated fiscal year, projector demand recovered, mainly for education and home use, but production was affected by supply restrictions on semiconductors and other components.」
The company reported for the full fiscal year that production was affected by supply restrictions on semiconductors and other components alongside the recovery in projector demand. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, projector demand recovered, mainly for education and home use, but production was affected by supply restrictions on semiconductors and other components.」
The company has reiterated that production was affected by supply restrictions on semiconductors and other components while projector demand recovered. - FY2022-Q2First statedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, projector demand recovered, mainly for education and home use, but production was affected by supply restrictions on semiconductors and other components.」
The company has stated for the first time that projector demand recovered while production was affected by supply restrictions on semiconductors and other components.