Growth in the Semiconductor and FPD Markets Driven by IoT, 5G and OLED
First written in FY2017. 16 of 22 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 5 of 13 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
The market structure, comprising a slowdown in the overall FPD market caused by the completion of the major phase of investment in large LCD panels and continued investment associated with the shift to small- and medium-sized OLED panels, has been reconfirmed. - FY2023-Q2RestatedAnnual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
The market structure, comprising a slowdown in the overall FPD market caused by the completion of the major phase of investment in large LCD panels and continued investment associated with the shift to small- and medium-sized OLED panels, has been reconfirmed. - FY2023-Q1RestatedAnnual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
The FPD market structure, comprising a slowdown caused by the completion of the major phase of investment in large LCD panels and continued investment associated with the shift to small- and medium-sized OLED panels, has been reconfirmed. - FY2022RestatedAnnual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
The FPD market structure, comprising a slowdown caused by the completion of the major phase of investment in large LCD panels and continued investment associated with the shift to small- and medium-sized OLED panels, has been reconfirmed. - FY2022-Q3RestatedAnnual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
The explanation that the overall FPD manufacturing equipment market is slowing following the completion of the major phase of investment in large LCD panels, while investment associated with the shift to small- and medium-sized OLED panels is continuing, has been reconfirmed. - FY2022-Q2Described the completion of the major phase of large LCD investment and the continuation of small- and medium-sized OLED investment.Annual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels continued as end-product displays shifted from LCD to OLED.」
It states that the overall FPD manufacturing equipment market is slowing following the completion of the major phase of investment in large LCD panels, while investment associated with the shift to small- and medium-sized OLED panels is continuing. - FY2022-Q1Described the completion of the major phase of large LCD investment and the continued high level of small- and medium-sized OLED investment.Annual report
「As capital investment in equipment for large LCD panels for televisions reached the end of its major phase, the FPD TFT-array manufacturing equipment market overall began to slow. Meanwhile, investment in equipment for small- and medium-sized OLED panels remained at a high level, as in the previous quarter.」
The description has changed from positive growth in the overall FPD manufacturing equipment market to a slowdown in the overall market following the completion of the major phase of investment in large LCD panels, while also noting the high level of investment in small- and medium-sized OLED panels. - FY2021Described positive growth in the FPD market.Annual report
「Investment in equipment for large LCD panels for televisions remained firm, while investment in equipment for small- and medium-sized OLED panels for mobile devices also increased, resulting in positive year-on-year growth in the FPD manufacturing equipment market.」
The description has changed from the adjustment and expected recovery discussed through the previous fiscal year to positive year-on-year growth in the FPD manufacturing equipment market, supported by increased investment in large LCD and small- and medium-sized OLED panels for televisions. - FY2021-Q3FPD investment firming and the resolution of delays in equipment commissioning in ChinaAnnual report
「Investment in equipment for large LCD panels for televisions continued, and investment in equipment for small- and medium-sized OLED panels for mobile devices also remained firm. Delays in equipment commissioning in China, the company’s largest market, caused by the novel coronavirus were resolved, and revenue increased from the second quarter.」
It states that investment in large LCD and small- and medium-sized OLED panels remained firm, and that delays in equipment commissioning in China caused by the novel coronavirus were resolved. - FY2021-Q1RestatedAnnual report
「Investment in equipment for large LCD panels for televisions is continuing, while investment in equipment for small- and medium-sized OLED panels for mobile devices is expected to enter a recovery trend going forward.」
The continuation of investment in large LCD panels for televisions and the expected recovery in investment in small- and medium-sized OLED panels for mobile devices have been reconfirmed. - FY2020-Q3RestatedAnnual report
「Investment in equipment for small- and medium-sized panels for mobile devices is undergoing a temporary adjustment, but is expected to enter a recovery trend going forward. Investment in equipment for large LCD panels for televisions is also expected to continue.」
The adjustment in investment in small- and medium-sized panels for mobile devices and the expected recovery, as well as the expected continuation of investment in large LCD panels for televisions, have been reconfirmed. - FY2020-Q2RestatedAnnual report
「Investment in equipment for small- and medium-sized panels for mobile devices, as well as for large LCD panels for televisions, is undergoing adjustment, but we expect the market to enter a recovery trend from the second half of the fiscal year.」
The adjustment in investment in small- and medium-sized panels for mobile devices and large LCD panels for televisions, and the expected recovery from the second half of the fiscal year, have been reconfirmed. - FY2020-Q1Described an adjustment in FPD investment and an expected recovery in the second half of the year.Annual report
「Investment in equipment for small- and medium-sized OLED panels for smartphones showed signs of adjustment, and investment in equipment for large LCD panels for televisions is also slowing, but we expect the market to enter a recovery trend from the second half of the year.」
The description has changed from the previous account of a strong FPD manufacturing equipment market to one indicating an adjustment and slowdown in investment in OLED panels for smartphones and large LCD panels, with a recovery expected from the second half of the year. - FY2019RestatedAnnual report
「In addition to robust capital investment in equipment for large LCD panels for televisions in China, investment in equipment for small- and medium-sized OLED panels for mobile devices continued, and the FPD manufacturing equipment market remained strong.」
The strength of the FPD manufacturing equipment market, supported by investment in large LCD panels in China and small- and medium-sized OLED panels for mobile devices, has been reconfirmed. - FY2019-Q3RestatedAnnual report
「In addition to capital investment in equipment for large LCD panels for televisions in China, investment in equipment for small- and medium-sized OLED panels for smartphones also continued, and the FPD manufacturing equipment market remained strong.」
It has been reconfirmed that the FPD manufacturing equipment market remained strong, supported by continued investment in large LCD panels in China and small- and medium-sized OLED panels for smartphones. - FY2019-Q2RestatedAnnual report
「In addition to increased capital investment in equipment for large LCD panels for televisions, driven by stronger demand in China, investment in equipment for small- and medium-sized OLED panels for smartphones continued, and the FPD manufacturing equipment market remained strong.」
It has been reconfirmed that the FPD manufacturing equipment market remained strong, supported by continued and increased investment in large LCD panels in China and small- and medium-sized OLED panels for smartphones. - FY2019-Q1RestatedAnnual report
「In China, substantial capital investment was made in equipment for large LCD panels for televisions, while investment in equipment for small- and medium-sized OLED panels for smartphones continued, and the FPD manufacturing equipment market remained firm.」
It has been reconfirmed that the FPD manufacturing equipment market remained firm, supported by continued investment in large LCD panels in China and small- and medium-sized OLED panels for smartphones. - FY2018RestatedAnnual report
「In China, capital investment in equipment for large LCD panels for televisions expanded, while investment in equipment for small- and medium-sized LCD panels for mobile devices continued, and the FPD manufacturing equipment market remained strong.」
The strong FPD market, supported by investment in large LCD panels in China and small- and medium-sized LCD panels for mobile devices, has been reconfirmed. - FY2018-Q3RestatedAnnual report
「Investment in production equipment for large LCD panels for televisions expanded, led by China. Meanwhile, capital investment in small- and medium-sized panels for mobile devices continued, and the FPD production equipment market performed strongly.」
The Company reconfirmed that expanded investment in large LCD panels, mainly in China, and continued investment in small- and medium-sized panels for mobile devices were factors behind the strong performance of the FPD production equipment market. - FY2018-Q2RestatedAnnual report
「In China, capital investment in large LCD panels for televisions and in small- and medium-sized OLED and LCD panels for mobile devices continued, and the FPD production equipment market performed strongly.」
The Company reconfirmed that continued investment in large LCD panels and small- and medium-sized OLED and LCD panels in China supported strong performance in the FPD production equipment market. - FY2018-Q1RestatedAnnual report
「Capital investment in small- and medium-sized panels has increased as OLED panels have gained adoption for smartphones. In addition, capital investment in large LCD panels has continued in China, and the FPD production equipment market remained firm.」
The Company reconfirmed that increased adoption of OLED panels for smartphones and continued investment in large LCD panels in China were behind the firmness of the FPD production equipment market. - FY2017First statedAnnual report
「Displays are also required to deliver high resolution, low power consumption, large size and a high degree of processing flexibility. With the rapid growth of OLED displays driving the market, the FPD production equipment market is expected to once again exceed ¥1 trillion.」
For the first time, the Company listed as a standalone theme the market outlook that the FPD production equipment market will once again exceed ¥1 trillion, against the backdrop of rapid growth in OLED displays.