Increased Demand for Crystal Devices Driven by IoT Market Expansion
First written in FY2018-Q3. 5 of 16 entries say "Restated". Latest entry: FY2025-H1.
Citizen Watch moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Worsened".
- FY2025-H1WorsenedAnnual report
「Crystal devices posted lower revenue as demand in the PC and IoT-related markets failed to recover, while optoelectronics devices also posted lower revenue due to weak demand.」
Demand in the PC and IoT-related markets did not recover, resulting in lower revenue for crystal devices. The previous demand-growth theme driven by IoT and digitalisation remains weak. - FY2024WorsenedAnnual report
「Crystal devices reported lower revenue amid slowing demand in the PC and IoT-related markets.」
The slowdown in demand in the PC and IoT-related markets also resulted in lower full-year revenue for crystal devices, weakening the previous demand-growth theme driven by IoT and digitalisation. - FY2024-Q1WorsenedAnnual report
「Small motors reported higher revenue, supported by a recovery in market conditions across a broad range of fields, including medical applications, but crystal devices reported lower revenue amid slowing demand in the PC and IoT-related markets, resulting in lower revenue for Precision Components overall.」
Crystal devices reported lower revenue amid slowing demand in the PC and IoT-related markets. The increase in revenue from small motors was insufficient to offset this, and Precision Components overall also reported lower revenue. - FY2023WorsenedAnnual report
「Signs of a pause emerged in the strong demand for crystal devices that had continued.」
The disclosure explicitly noted a pause in the demand for crystal devices that had been increasing against the backdrop of IoT and digitalisation. - FY2023-Q1Demand for crystal devices has paused.Annual report
「Crystal devices remained firm despite signs of a pause in some areas of the strong demand that had continued, while market conditions for small motors also improved across a broad range of fields, including medical and semiconductor-related applications, resulting in higher revenue for Precision Components overall.」
Crystal devices remained firm despite signs of a pause in some of the strong demand, while market conditions for small motors improved in medical and semiconductor-related applications. - FY2022-Q3Demand expanded with IoT and digitalisation.Annual report
「Within Other Components, demand for crystal devices continued to increase across a broad range of fields as IoT products expanded and digitalisation progressed, while small motors also remained firm in medical and semiconductor-related applications, resulting in higher revenue for Other Components overall.」
Demand drivers for crystal devices expanded to include the growth of IoT products and digitalisation, while demand for small motors in medical and semiconductor-related applications also remained firm, resulting in higher revenue for Other Components overall. - FY2022-Q2RestatedAnnual report
「Within Other Components, demand for crystal devices for communications equipment such as smartphones continued to increase, while small motors also remained firm in medical and semiconductor-related applications, resulting in higher revenue for Other Components overall.」
Demand for crystal devices for communications equipment continued to increase, while demand for small motors in medical and semiconductor-related applications also remained firm. - FY2021-Q2RestatedAnnual report
「Within Other Components, demand for crystal devices for communications equipment increased, but overall demand declined due to the impact of the spread of COVID-19, resulting in lower revenue for Other Components overall.」
Although demand for crystal devices for communications equipment increased, the decline in overall demand associated with the spread of the infection outweighed this, resulting in lower revenue for Other Components overall. - FY2021-Q1Demand declines amid the spread of the infection outweighed other factors.Annual report
「Within Other Components, demand for crystal devices for communications equipment such as smartphones increased, but demand declines and other factors associated with the spread of COVID-19 resulted in lower revenue for Other Components overall.」
Although demand for crystal devices for communications equipment increased, demand declines and other factors associated with the spread of COVID-19 outweighed this, resulting in lower revenue for Other Components overall. - FY2020Demand drivers changed again.Annual report
「Within Other Components, demand for crystal devices for communications equipment such as smartphones increased, resulting in flat performance.」
The explanation changed from the sluggish smartphone market in the previous fiscal year and weakness in consumer products in the third quarter to flat performance due to increased demand for communications equipment. - FY2020-Q3WorsenedAnnual report
「Within Other Components, crystal devices declined due to weakness in the smartphone and consumer products markets and other factors.」
Demand for crystal devices declined amid weakness in the smartphone market as well as the consumer products market. - FY2019-Q3RestatedAnnual report
「Within Other Components, crystal devices struggled to grow amid the sluggish smartphone market and other factors, while ferroelectric liquid-crystal microdisplays were affected by stagnation in the digital camera market, their main market, resulting in lower revenue for Other Components overall.」
Crystal devices were affected by the sluggish smartphone market, while ferroelectric liquid-crystal microdisplays were affected by stagnation in the digital camera market, resulting in lower revenue for Other Components overall. - FY2019-Q2RestatedAnnual report
「Within Other Components, crystal devices struggled to grow amid the sluggish smartphone market and other factors, while ferroelectric liquid-crystal microdisplays were affected by stagnation in the digital camera market, their main market, resulting in lower revenue for Other Components overall.」
The demand driver for crystal devices changed from the expanding IoT market to the sluggish smartphone market, and Other Components overall reported lower revenue. - FY2019-Q1Demand drivers changed.Annual report
「Within Other Components, crystal devices struggled to grow amid the downward trend in the smartphone market and other factors, while ferroelectric liquid-crystal microdisplays were affected by stagnation in the digital camera market, their main market, resulting in lower revenue for Other Components overall.」
The description changed from higher demand for crystal devices due to the expanding IoT market, as stated previously, to crystal devices struggling amid the downward trend in the smartphone market. - FY2018RestatedAnnual report
「Within Other Components, crystal devices remained firm on higher demand resulting from the expanding IoT market, but demand for ferroelectric liquid-crystal microdisplays weakened, resulting in lower revenue for Other Components overall.」
Although higher demand for crystal devices driven by the expanding IoT market was confirmed for the full year, Other Components overall reported lower revenue. - FY2018-Q3First statedAnnual report
「For other components, demand for ferroelectric liquid-crystal microdisplays weakened, while crystal devices remained firm on increased demand resulting from the expansion of the IoT market. As a result, total revenue from other components increased.」
Against a backdrop of an expanding IoT market, demand for crystal devices increased, driving revenue growth across Other Components.