Demand Fluctuations in Electrical and Electronics-Related Markets
First written in FY2016. 15 of 34 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-08-06.
Zacros moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2023: 43 of 66 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2025MitigatedAnnual report
「Other electronic materials generated higher revenue year on year as the semiconductor market recovered.」
The recovery in the semiconductor market resulted in higher revenue from other electronic materials, easing the impact of demand volatility in the electrical and electronics-related market. - FY2025-H1MitigatedAnnual report
「Other electronic materials also generated higher revenue year on year as the impact of weakness in the semiconductor market eased.」
As the impact of weakness in the semiconductor market eased, other electronic materials generated higher revenue year on year. - FY2024MitigatedAnnual report
「Other electronic materials generated lower revenue due to the continued weakness in the semiconductor market since the second half of the previous fiscal year. Meanwhile, in display-related products, production adjustments in the industry during the previous fiscal year ran their course, while industry restructuring strengthened the Company's competitiveness and significantly increased sales of its core protective films. As a result, the business as a whole generated higher revenue.」
Although the semiconductor market remained weak, the Information and Electronics business as a whole posted 18.3% revenue growth due to higher protective film revenue, partially easing the impact of demand volatility. - FY2024-Q3MitigatedAnnual report
「Other electronic materials generated lower revenue due to the continued weakness in the semiconductor market since the second half of the previous fiscal year. However, display-related products secured higher revenue from the core protective film business, resulting in higher revenue for the business as a whole.」
Although lower revenue in other electronic materials due to the weak semiconductor market continued, higher protective film revenue resulted in higher revenue for the Information and Electronics business as a whole, partially easing the impact of demand volatility. - FY2024-Q1MaterialisedAnnual report
「In the Information and Electronics business, the semiconductor market remained weak, and sales of interlayer insulating films fell significantly below the previous year's corresponding period.」
The continued weakness in the semiconductor market was reflected in actual results as a significant decline in interlayer insulating film revenue, indicating the impact of demand volatility in the electrical and electronics-related market. - FY2023WorsenedAnnual report
「Other electronic materials generated lower revenue, having been significantly affected by the sharp downturn in the semiconductor market in the fourth quarter, despite remaining firm through the cumulative third quarter. In display-related products, demand has recently begun to recover, but the core protective film business generated significantly lower revenue due to the impact of production adjustments in the panel industry from the second to the third quarter.」
The sharp downturn in the semiconductor market and production adjustments in the panel industry were reflected in actual results as lower revenue, and Information and Electronics business revenue declined 12.5% year on year. - FY2023-Q3MaterialisedAnnual report
「In other electronic materials, information recording materials generated higher revenue as demand remained firm through the cumulative second quarter, despite recently declining demand. Display-related products generated significantly lower revenue due to the impact of production adjustments in the panel industry on protective films, which had continued since the second quarter.」
Continued production adjustments in the panel industry were reflected in actual results as a significant decline in protective film revenue. Revenue in the Information and Electronics business declined 7.4% year on year. - FY2023-Q2MaterialisedAnnual report
「In the Information and Electronics business, the core protective film business began reporting lower revenue year on year from the second quarter of the current fiscal year, as it was significantly affected by production adjustments across the industry.」
The risk of demand volatility in the electrical and electronics-related market was reflected in actual results as lower protective film revenue caused by production adjustments across the industry. - FY2023-Q1MitigatedAnnual report
「In the display-related business, protective film revenue declined. However, in other electronic materials, information recording material sales to PCs and servers grew significantly as high-speed, high-capacity communications infrastructure was developed, while tablet and smartphone sales also remained firm, resulting in higher revenue for the business as a whole.」
Although protective film revenue declined, the Information and Electronics business as a whole posted 4.7% year-on-year revenue growth, driven by higher sales of information recording materials for PCs and servers against a backdrop of communications infrastructure development. - FY2022MitigatedAnnual report
「In the display-related business, protective film orders increased as the market expanded with the trend toward larger TV screens. Higher production from new equipment at the Company's Showa Plant, which began full-scale operation in the previous fiscal year, also made a significant contribution, resulting in sales above the previous year's corresponding period.」
Protective films grew on the back of larger TV screens, new equipment at the Showa Plant and higher production, and Information and Electronics business revenue increased 16.8% year on year. - FY2022-Q3MitigatedAnnual report
「In the display-related business, protective film sales exceeded the previous year's corresponding period as panel area expanded with the trend toward larger TV screens. Higher production from new equipment at the Company's Showa Plant, which began full-scale operation in the previous fiscal year, also made a significant contribution.」
Protective film sales exceeded the previous year's corresponding period against a backdrop of larger TV screens and higher production from new equipment at the Showa Plant, easing the impact of demand volatility. - FY2022-Q2MitigatedAnnual report
「In the display-related business, protective film orders increased as panel area expanded with the trend toward larger TV screens. Higher production from new equipment at the Company's Showa Plant, which began full-scale operation in early autumn of the previous year, also made a significant contribution, resulting in sales above the previous year.」
Protective film sales exceeded the previous year due to larger TV screens, operation of new equipment at the Showa Plant and higher production, easing the impact of demand volatility in the electrical and electronics-related market. - FY2022-Q1MitigatedAnnual report
「Protective film orders increased as panel area expanded with the trend toward larger TV screens. Higher production from new equipment at the Company's Showa Plant, which began full-scale operation in early autumn of the previous year, also made a significant contribution, resulting in sales above the previous year. Information recording material sales for tablets and smartphones were slightly below the previous year, but sales to PCs and servers remained firm and increased against a backdrop of progress in developing high-speed, high-capacity communications infrastructure.」
Against a backdrop of larger TV screens, operation of new equipment at the Showa Plant and higher production, the Information and Electronics business posted 25.1% year-on-year revenue growth, easing the impact of demand volatility. - FY2021MitigatedAnnual report
「As measures to address this risk, the Group is working to monitor market conditions, respond quickly to market changes and diversify its businesses.」
The risk of demand volatility in the electrical and electronics-related market remains recognized, and the company identified market monitoring, rapid response and business diversification as countermeasures. - FY2021-Q3MitigatedAnnual report
「Protective film orders increased as TV sales remained firm in Japan, Europe and the United States amid increased stay-at-home demand. Higher production from new equipment at the Company's Showa Plant, which began full-scale operation in early autumn, also made a significant contribution, resulting in sales above the previous year. Although demand for information recording materials has recently shown signs of easing, tablet and smartphone demand remained firm throughout the period. Sales to PCs and servers grew significantly against a backdrop of expanded working from home and progress in developing the related infrastructure, resulting in higher revenue for the business as a whole.」
Protective films and information recording materials grew on the back of TV sales and demand related to working from home, easing the impact of demand volatility in the Information and Electronics business. - FY2021-Q2MaterialisedAnnual report
「Protective film orders declined from some customers as changes in the polarizer supply chain accompanied business restructuring in the panel industry. However, firm PC monitor sales amid the expansion of working from home, together with a recent recovery in demand for large-screen TVs, resulted in sales broadly in line with the previous year. Information recording materials for tablets and smartphones remained firm, while sales for PCs and servers grew significantly against a backdrop of expanded working from home and progress in developing the related infrastructure, contributing to higher revenue for the business as a whole.」
Although business restructuring in the panel industry and changes in the supply chain led to lower orders from some customers, demand related to working from home and the recovery in large-screen TV demand offset the impact, and the Information and Electronics business posted 4.1% year-on-year revenue growth. - FY2021-Q1MaterialisedAnnual report
「Protective film sales for PC monitors remained firm as working from home expanded, but sales fell below the previous year due to the decline in large-screen TV unit sales. Meanwhile, information recording materials significantly increased for PCs and servers, while smartphone demand remained firm and sales substantially exceeded the previous year. As a result, the business as a whole generated higher revenue.」
Fluctuations in demand by application were reflected in actual results: protective film sales for large-screen TVs fell below the previous year, while information recording materials for PCs and servers grew. - FY2020-Q3WorsenedAnnual report
「Although protective films performed steadily in the previous fiscal year amid front-loaded demand as US-China trade friction persisted, demand declined in the current fiscal year as that effect reversed, resulting in sales below the previous year.」
Demand for protective films declined and sales remained below the previous year due to prolonged US-China trade friction and the reversal of front-loaded demand in the previous fiscal year. - FY2020-Q2WorsenedAnnual report
「Against a backdrop of the increasingly apparent impact of US-China trade friction, protective film sales volumes fell below the previous year amid very challenging business conditions. The industry shifted from firm performance in the second half of the previous fiscal year to full-scale production adjustments in the current fiscal year, which are expected to continue for the time being.」
The impact of US-China trade friction became apparent, and full-scale production adjustments in the protective film industry caused sales volumes to fall below the previous year. Production adjustments are expected to continue for the time being, indicating a heightened risk of demand volatility. - FY2020-Q1Demand remained soft, while the business posted slight growthAnnual report
「Demand for protective films weakened as some industry participants adjusted production, but revenue increased due to secured sales volumes and higher production at the Taiwanese subsidiary. Meanwhile, information recording materials generated lower revenue for both PCs and servers and smartphones, and release film revenue also fell below the previous year. As a result, revenue for the business as a whole increased slightly.」
Demand for protective films remained soft due to production adjustments, and information recording materials and release films also generated lower revenue. However, the Information and Electronics business posted 0.9% year-on-year revenue growth due to secured sales volumes and higher production at the Taiwanese subsidiary. - FY2019MaterialisedAnnual report
「Information recording materials declined slightly year on year, as firm sales to PCs and servers were offset by lower smartphone revenue. Release film revenue also fell below the previous year.」
Fluctuations in demand in the electrical and electronics-related market were reflected in full-year results through lower revenue from smartphone-oriented information recording materials and release films falling below the previous year. - FY2019-Q3MaterialisedAnnual report
「Sales of information recording materials remained firm for PCs, servers and smartphones, but release film revenue fell below the previous year. Protective film order volumes increased, and production at the Taiwanese subsidiary also rose, so actual sales volumes exceeded the previous year. However, consolidated eliminations arose from an increase in intra-group transactions following a change in the distribution structure, resulting in a slight decline in revenue.」
In the Information and Electronics business, actual protective film sales volumes and production at the Taiwanese subsidiary increased, but business revenue declined 0.4% year on year due to consolidated eliminations following a change in the distribution structure and lower release film revenue. The effects of market and distribution-structure volatility are reflected in actual results. - FY2019-Q1MaterialisedAnnual report
「For protective films, production at the Taiwanese subsidiary increased, but revenue declined due to the impact of production adjustments in the industry.」
The market volatility risk in information and electronics-related demand, which had eased with the recovery in demand in the previous fiscal year, re-emerged in actual results as lower protective film revenue caused by production adjustments. - FY2018MitigatedAnnual report
「Revenue from protective films increased, mainly because of the recovery in demand and the significant contribution from the higher operating rate at the Taiwanese subsidiary.」
The weakness in demand for information and electronics-related products that emerged in the previous fiscal year eased as demand recovered and the Taiwanese subsidiary's operating rate improved. - FY2018-Q3RestatedAnnual report
「Revenue from protective films increased, mainly because of the recovery in demand and the significant contribution from the higher operating rate at the Taiwanese subsidiary.」
The company continued to report that the weakness in demand for information and electronics-related products that emerged in the previous fiscal year was easing as demand recovered and the Taiwanese subsidiary's operating rate improved. - FY2018-Q2MitigatedAnnual report
「Revenue from protective films increased, supported by the recent recovery in demand and, among other factors, a higher operating rate at the Taiwanese subsidiary in Taiwan.」
The weakness in demand for information and electronics-related products that emerged in the previous fiscal year continued to ease as demand recovered and the Taiwanese subsidiary's operating rate improved, resulting in higher protective film revenue. - FY2018-Q1MitigatedAnnual report
「Protective film revenue increased as the Taiwanese subsidiary's operating rate improved amid the recent recovery in demand.」
Regarding the weakness in demand for information and electronics-related products that emerged in the previous fiscal year, the company reported a recovery in demand and an improvement in the Taiwanese subsidiary's operating rate for protective films. However, it did not state that the risk itself had disappeared. - FY2017RestatedAnnual report
「For protective films, the Taiwanese subsidiary established a mass-production system, and production volumes, including domestic production, exceeded the previous year. However, sales growth remained sluggish due to the significant impact of lower selling prices across the industry.」
While the impact of lower selling prices continued throughout the fiscal year, revenue in the Information and Electronics business declined only slightly, supported by higher revenue from information recording materials and release films. - FY2017-Q3Business revenue increased despite the continued impact of lower selling pricesAnnual report
「For protective films, the Taiwanese subsidiary established a mass-production system, and production volumes, including domestic production, exceeded the previous year. However, sales growth remained sluggish due to lower selling prices across the industry. Meanwhile, information recording materials generated significantly higher revenue in the PC and server and smartphone markets, while release films also performed steadily, mainly for Chinese smartphones. As a result, the business as a whole secured higher revenue.」
Although protective films continued to be affected by lower selling prices, the Information and Electronics business posted 0.9% year-on-year revenue growth due to higher revenue from information recording materials and release films. - FY2017-Q2Partial recovery, but the impact continuesAnnual report
「Protective films secured higher revenue as the Taiwanese subsidiary established a mass-production system, but overall sales growth remained sluggish due to lower selling prices across the industry and production adjustments. Release films performed steadily, mainly for Chinese smartphones. Information recording materials generated higher revenue in both the PC and server and smartphone markets.」
The Information and Electronics business returned to 0.9% year-on-year growth, although protective films continued to be affected by lower selling prices and production adjustments across the industry. - FY2017-Q1MaterialisedAnnual report
「Sales of information-recording materials for personal computers and servers remained firm, but orders for smartphones, a market approaching maturity, struggled to grow. The protective film business secured higher sales by establishing a mass-production system at its Taiwanese subsidiary, but sales growth remained weak due in part to production adjustments in the industry, resulting in an overall year-on-year decline in revenue.」
The maturity of the smartphone market and production adjustments in the industry materialized as declines in orders and sales, and revenue in the Information Electronics business fell 8.7% year on year. - FY2016First statedAnnual report
「Sudden fluctuations in demand in these electrical and electronics-related materials markets may have a significant impact on the Group's business performance.」
Sharp changes in demand for liquid crystal displays, information-recording materials, and other products were identified as a business performance risk.