Declining Semiconductor Demand from Overseas Automakers
First written in FY2018-Q2. 4 of 6 entries say "Mitigated", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2019: 36 of 67 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the component, device, and solutions field, demand recovered in the medical equipment, industrial equipment, and automotive-related markets, resulting in higher net sales.」
Recovery in demand in the automotive-related market was reported in the full-year results, indicating a reduced risk of the previously noted decline in demand for automotive semiconductors and components. - FY2025MitigatedAnnual report
「In the component, device and solution segment, automotive and consumer electronics-related components recovered from production adjustments by finished-product manufacturers, but revenue declined due to weak demand for industrial equipment.」
Following the recovery trend in automotive products through the previous fiscal year, automotive and consumer electronics components were described as having recovered from production adjustments. Meanwhile, weak demand for industrial equipment remains. - FY2023MitigatedAnnual report
「Products for the automotive sector, which were affected by customers' reduced production plans due to shortages of semiconductors and materials, showed signs of recovery, although」
The decline in demand for automotive semiconductors and components, which had continued through the previous fiscal year, was described as having been followed by signs of recovery in automotive products. - FY2020MitigatedAnnual report
「Components and semiconductors for industrial machinery and equipment declined, but demand for automotive components and displays for medical equipment increased, resulting in a slight increase in revenue.」
Compared with the prolonged production adjustments and lower demand for automotive semiconductors supplied overseas in the previous fiscal year, demand for automotive components increased in the current fiscal year, resulting in a slight increase for the components and devices business overall. - FY2018WorsenedAnnual report
「Electronic device revenue declined due to the prolonged production adjustments for semiconductors used in automotive applications for overseas markets and the discontinuation of production of customer products, among other factors」
The prolonged production adjustments for automotive semiconductors supplied overseas became apparent as a full-year decline in electronic device sales due to lower demand. - FY2018-Q2First statedAnnual report
「Although sales of information and communications equipment and electronic devices declined due to public-sector projects in the Kansai region and healthcare projects in the Tohoku region falling below the prior-year level, as well as lower semiconductor demand from overseas automakers, orders for system development projects remained firm, reaching ¥9,241 million, up 1.0% year on year.」
Lower semiconductor demand from overseas automakers was cited for the first time as a factor contributing to the decline in sales of information and communications equipment and electronic devices.