Impact of lockdowns on 三栄ハイテックス's China offshore business
First written in FY2023-Q2. 3 of 7 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2025.
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- FY2025RestatedAnnual report
「三栄ハイテックス株式会社’s contracted LSI design business posted lower revenue and profit because of a slowdown in domestic operations and weak performance in China, although the AI-related business of its Vietnamese subsidiary remained solid.」
The company states that the China business remained weak, while the AI-related business in Vietnam was steady. - FY2025-H1WorsenedAnnual report
「三栄ハイテックス株式会社's LSI design contract business fell short of the previous year's results because the China business was weak, despite generally steady performance by the domestic business and Vietnamese subsidiary.」
Weakness in the China business persisted. Although the domestic business and Vietnamese subsidiary remained generally steady, the LSI design contract business fell below the previous year's results. - FY2024RestatedAnnual report
「三栄ハイテックス株式会社's LSI design contract business was broadly in line with the previous fiscal year's results, as its domestic business and Vietnamese subsidiary remained generally steady despite weak business in China due to deteriorating market conditions.」
Although weakness in the China business persisted, the domestic business and Vietnamese subsidiary remained generally steady, and full-year results were broadly in line with the previous fiscal year. - FY2024-Q1MitigatedAnnual report
「三栄ハイテックス株式会社's LSI design contracting business posted higher revenue and higher profit, as its overseas business grew and demand from its key domestic customers remained firm.」
三栄ハイテックス' LSI design contract business, which was affected by lockdowns in the previous fiscal year, reported higher revenue and profit this quarter as its overseas business generated higher revenue and demand from major domestic customers remained steady. - FY2023WorsenedAnnual report
「三栄ハイテックス株式会社’s contracted LSI design business posted higher revenue as demand from major domestic customers in Japan remained broadly solid, although overseas operations were sluggish due to the impact of lockdowns.」
Although the impact of lockdowns on overseas businesses, including China, persisted throughout the fiscal year, generally steady demand from major domestic customers resulted in higher revenue for the full year. - FY2023-Q3WorsenedAnnual report
「Meanwhile, although demand from major domestic customers in Japan remained broadly solid, 三栄ハイテックス株式会社’s contracted LSI design business fell short of the results for the same period of the previous year because overseas operations were affected by lockdowns and the company made upfront investments in research and development.」
The company continued to report that, in addition to the impact of lockdowns on its overseas offshore business, including China, upfront investment in research and development contributed to the LSI design contract business falling short of the previous year's results. - FY2023-Q2First statedAnnual report
「The LSI design contract business of 三栄ハイテックス株式会社 fell short of the previous year's results, despite generally steady demand from its major domestic customers, due in part to the impact of lockdowns on its offshore business in China.」
In 三栄ハイテックス' LSI design contract business, demand from major domestic customers was generally steady, while the China offshore business was affected by lockdowns, causing results to fall below the previous year's level.