Risk of Market Price Fluctuations in Electronic Components and Test Systems

「Sales of memory testers for domestic and overseas markets increased substantially, while demand for inspection boards for back-end processes also grew, resulting in performance well above the previous year's corresponding period.」

「Sales of our proprietary test systems increased substantially, driven by strong growth in sales of new products overseas as well as a recovery in domestic demand for memory testers, resulting in higher revenue.」

「Sales of proprietary test systems increased, as a significant rise in sales of new products for overseas markets more than offset the continued sluggish domestic demand for memory testers.」

「Although sales of decoder boards for image sensors grew, recovery in demand for memory testers was delayed, resulting in continued challenging business conditions for the company's proprietary test systems.」

「For in-house test systems, deliveries of orders received in the previous fiscal year were made, and sales of decoder boards for image sensors remained steady, but recovery in demand for memory testers was delayed, leaving business conditions difficult.」

「Although the company maintained a certain level of earnings due to firm sales of inspection boards for back-end processes, its proprietary test systems posted a substantial decline in revenue because customers continued to restrain investment amid sluggish semiconductor market conditions and demand for memory testers did not recover.」

「Although demand for memory testers fell as customers restrained investment amid sluggish semiconductor market conditions, the company's proprietary test systems posted a substantial decline in revenue. However, the company maintained a certain level of earnings due to firm sales of new products.」

「Although sales of new products remained firm, revenue from the company's proprietary test systems fell substantially as demand for memory testers declined due to customers' investment restraint amid sluggish semiconductor market conditions.」

「Although sales of new products remained strong, the company's proprietary test systems posted a substantial decline in revenue as customers restrained investment amid sluggish semiconductor market conditions, causing demand for memory testers to fall.」

「The company's proprietary test systems generated lower revenue because demand for memory testers declined as domestic customers restrained investment amid deteriorating market conditions, while overseas sales also remained sluggish. Although the company recorded an inventory valuation loss as a result, it maintained a certain level of profitability due to strong sales of new products.」

「For in-house test systems, new product sales remained steady, but revenue declined because domestic customers restrained investment amid deteriorating market conditions, reducing demand for memory testers, while overseas sales also remained sluggish.」

「For in-house test systems, memory tester sales fell short of the year-earlier period because of declines in overseas sales and other factors, although domestic sales and new product sales remained steady.」

「Although domestic sales of memory testers remained firm, the company's proprietary test systems fell short of the previous year's results due in part to lower overseas sales.」

「Customers for the company's proprietary semiconductor memory test systems, the core products of its Test Solutions business, are specific semiconductor memory manufacturers, resulting in a high degree of dependence on major customers for segment revenue.」

「Although reliability test systems mainly for foundries and contract services for automotive-related applications and other areas remained sluggish due to the impact of COVID-19, demand for memory testers improved and payment terminal sales remained firm, resulting in revenue of ¥32,536 million, up 4.4% year on year, and operating profit of ¥1,954 million, up 17.0%.」

「Taiwan-based STAr Technologies, Inc. posted a substantial decline in profit as sales to China began to recover following the resumption of economic activity in China, but the supply shortage of key components caused by the impact of COVID-19 and the run-off in demand from South Korea weighed on results. Meanwhile, the company's proprietary test systems substantially outperformed the previous year's results as domestic demand for memory testers improved.」

「Although demand for memory testers improved and payment terminal sales remained firm, reliability test systems mainly for foundries and contract services for automotive-related applications and other areas remained sluggish due to the impact of COVID-19, resulting in」

「While probe cards for foundries and reliability test systems remained sluggish due to the impact of COVID-19, demand for memory testers improved and payment terminal sales remained firm, resulting in」

「As test systems, mainly for memory applications, remained sluggish due to deteriorating semiconductor market conditions, revenue was ¥31,161 million, up 4.6% year on year, operating profit was ¥1,670 million, down 14.6%, ordinary profit was ¥1,896 million, down 22.9%, and net income attributable to owners of the parent was ¥1,168 million, down 21.7%.」

「For in-house test systems, memory tester sales remained sluggish and revenue declined as customers continued to restrain investment amid deteriorating market conditions.」

「As test systems remained sluggish due to deteriorating semiconductor market conditions, revenue was ¥6,402 million, up 0.1% year on year, operating profit was ¥31 million, down 83.1%, ordinary profit was ¥34 million, down 86.1%, and net income attributable to owners of the parent was ¥4 million, down 97.4%.」

「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

「While the Group's proprietary test systems, among its products, have significant growth potential due to technological advances and other factors, there is a possibility that circumstances with a significant impact on business performance may arise if factors beyond the Group's control disrupt the supply-demand balance in the semiconductor market, temporarily contract the market, and cause customers' capital investment and production activities to stagnate, resulting in a sharp decline in the Group's revenue.」

「For in-house test systems, domestic sales of memory testers showed signs of recovery, but overseas sales continued to be held back by sluggish demand, and sales of image-sensor testers had reached a plateau, so results fell short of the year-earlier period.」

「For in-house test systems, domestic sales of memory testers showed signs of recovery, but overseas sales were held back by sluggish demand, and sales of image-sensor testers had reached a plateau, so results fell short of the year-earlier period.」

「For in-house test systems, domestic and overseas sales of memory testers had yet to make a full recovery, and sales of image-sensor testers had reached a plateau, so results fell short of the year-earlier period.」

「While the Group's proprietary test systems and probe cards, among its products, have significant growth potential due to technological advances and other factors, there is a possibility that circumstances with a significant impact on business performance may arise if factors beyond the Group's control disrupt the supply-demand balance in the semiconductor market, temporarily contract the market, and cause customers' capital investment and production activities to stagnate, resulting in a sharp decline in the Group's revenue.」

「There is a possibility that circumstances with a significant impact on business performance may arise, including declines in revenue and sharp price drops caused by an imbalance in market supply and demand due to factors beyond the Group's control.」