Automotive Production Cuts and Supply Chain Impact Due to Shortages of Semiconductors and Components
First written in FY2022-Q2. 3 of 10 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 11 of 36 companies on the "Worse" side.
61 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the automotive segment, domestic automotive production remained stable, and as the Company steadily accumulated new orders, sales volumes increased and drove our Group's results.」
The description changed from automotive production cuts caused by procurement difficulties for semiconductors and components to an explanation that domestic automotive production had stabilized and new orders and sales volumes had increased. - FY2025MitigatedAnnual report
「In the business environment surrounding our Group, unstable automotive production continued in the first half of the fiscal year in the automotive industry, our principal customer sector, due to a succession of certification misconduct issues at automakers and other companies. From the second half, however, production stability was restored.」
The company stated that the reduction and destabilization of automotive production caused by shortages of semiconductors and components had been followed by a restoration of production stability from the second half of the fiscal year. - FY2024-Q2RestatedAnnual report
「In the business environment surrounding our Group, production cuts in the automotive industry, our principal customer sector, caused by semiconductor shortages eased, and strong automotive production brought domestic automotive production above the level recorded in the same period of the previous year.」
The company continued to explain that production cuts in the automotive industry caused by semiconductor shortages had eased and that automotive production performed strongly. - FY2024-Q1MitigatedAnnual report
「In the environment surrounding our group, production cuts in the automotive industry, a major business partner, caused by the semiconductor shortage were easing, and strong automobile production brought domestic automobile production above the level of the same period of the previous year.」
The company stated that production cuts in the automotive industry caused by semiconductor shortages eased and that automotive production performed strongly. - FY2023WorsenedAnnual report
「Procurement difficulties for components, particularly semiconductors, were prolonged by the effects of long-running bottlenecks in global supply chains and other factors. Domestic production by Toyota Motor Corporation, our principal customer, totaled 2.78 million vehicles in the fiscal year, remaining below 3 million vehicles for the third consecutive year.」
The company disclosed that prolonged procurement difficulties for semiconductors and components resulted in domestic production by its principal customer remaining below 3 million vehicles for the third consecutive year. - FY2023-Q2ReframedAnnual report
「In economic activity, energy security issues arising from high dependence on overseas sources have become more serious, while supply networks for components, including semiconductors, remain on the path to recovery, and the manufacturing sector ended the first half without reaching normal operating levels.」
The description has expanded from production cuts caused by shortages of semiconductors and components to an explanation that, although component supply chains are recovering, the manufacturing sector as a whole has not yet returned to normal operations. - FY2023-Q1RestatedAnnual report
「Against the backdrop surrounding our Group, steel market conditions continued to follow an upward trend, while domestic automobile production showed signs of recovery but continued to decline because of difficulties procuring semiconductors and other components.」
The company stated that domestic automotive production cuts caused by procurement difficulties for semiconductors and other components continued. - FY2022WorsenedAnnual report
「Although automotive production showed an early recovery trend in the first half of the fiscal year, procurement difficulties for semiconductors and other components became more severe from the summer, forcing repeated production cuts.」
The company stated that procurement difficulties for semiconductors and components became more severe, repeatedly forcing automotive production cuts. - FY2022-Q3WorsenedAnnual report
「Although automotive-related activity had shown signs of recovery from the second half of the previous fiscal year, the impact of COVID-19 continues to have a serious effect on the supply chain, including production cuts caused by shortages of semiconductors and parts and the renewed spread of the infection.」
In addition to the previously disclosed production cuts caused by shortages of semiconductors and components, production cuts caused by a renewed spread of infections were also described, with the severe impact on the supply chain continuing. - FY2022-Q2First statedAnnual report
「Although automotive-related activity had shown signs of recovery from the second half of the previous fiscal year, the impact of COVID-19 continues to have a serious effect on the supply chain, including production cuts caused by shortages of semiconductors and parts.」
The company disclosed for the first time the reduction in automotive industry production caused by shortages of semiconductors and components, and the severe impact on the supply chain, as a standalone risk.