Risk of difficulties procuring products and components
First written in FY2016. 11 of 22 entries say "Restated". Latest entry: FY2025.
Innotech moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2021: 35 of 55 companies on the "Worse" side.
14 other companies' latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「Although Taiwan-based STAr Technologies, Inc. was affected by delays in procuring materials for reliability evaluation equipment, firm probe card sales resulted in higher revenue and profit after conversion into yen.」
The risk of difficulty procuring materials materialized as delays in procuring materials for reliability evaluation equipment. Meanwhile, probe card sales remained firm. - FY2024MitigatedAnnual report
「To address this risk, the company is working to maintain good relationships and regularly exchange information with suppliers and contract manufacturers, while expanding its vendor base and promoting procurement from multiple companies.」
The response to procurement difficulty risk has been made more specific, extending beyond maintaining supplier relationships to expanding the vendor base and procuring from multiple companies. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change is reported regarding the risk of difficulty procuring products and materials. - FY2023RestatedAnnual report
「This business was affected by longer lead times and higher prices for some materials due to the semiconductor shortage, but the company worked to minimize the impact by switching to alternative components through design changes and developing new procurement sources.」
While longer lead times and higher prices due to the semiconductor shortage continue, the company continues to respond through design changes, switching to alternative components and developing new procurement sources. - FY2023-Q2RestatedAnnual report
「This business was affected by longer lead times and higher prices for some materials due to the semiconductor shortage, but the company worked to minimize the impact by switching to alternative components through design changes and developing new procurement sources.」
While longer lead times and higher material prices due to the semiconductor shortage continue, the company continues to respond through design changes, alternative components and the development of new procurement sources. - FY2023-Q1RestatedAnnual report
「This business was affected by longer lead times and higher prices for some materials due to the semiconductor shortage, but the company worked to minimize the impact by switching to alternative components through design changes and developing new procurement sources.」
While longer lead times and higher material prices due to the semiconductor shortage continue, the company is responding by switching to alternative components and developing new procurement sources. - FY2022WorsenedAnnual report
「In this business, the global supply-demand tightness in semiconductors has lengthened lead times and driven up prices for some materials, but the company is implementing measures including advance ordering, developing new vendors, considering alternative components and modifying designs to」
The company describes the continuing risk of longer lead times and higher material prices due to the semiconductor shortage and has expanded its measures to include advance ordering, new vendors, alternative components and design changes. - FY2022-Q3RestatedAnnual report
「In this business, the global supply-demand tightness in semiconductors has lengthened lead times and driven up prices for some materials, but the company has worked to minimize the impact through advance ordering and by expanding procurement channels.」
The company continues to describe longer lead times and higher material prices, together with measures involving advance ordering and expanded procurement channels. - FY2022-Q2WorsenedAnnual report
「In this business, the global supply-demand tightness in semiconductors has lengthened lead times and driven up prices for some materials, but the company has worked to minimize the impact through advance ordering and by expanding procurement channels.」
The global semiconductor supply-demand tightness has resulted in longer lead times and higher prices for some materials. The company also describes measures including advance ordering and expanding procurement channels. - FY2022-Q1WorsenedAnnual report
「In this business, the global supply-demand tightness in semiconductors has lengthened lead times and driven up prices for some materials, but the company has worked to minimize the impact through advance ordering and by expanding procurement channels.」
The global semiconductor supply-demand tightness has resulted in longer lead times and higher prices for materials. The company also describes measures including advance ordering and expanding procurement channels. - FY2021WorsenedAnnual report
「In addition to concerns about the impact of the semiconductor shortage on materials procurement, the prolonged COVID-19 pandemic is expected to have a material impact on some of the Group's businesses through delays in procuring materials and outsourced manufacturing, postponed customer orders due to stagnating economic activity, delays in service delivery due to movement restrictions and other factors, and the loss of business opportunities due to the cancellation of trade shows and other events.」
The company has added the global semiconductor shortage and the effects of the prolonged pandemic on procurement, manufacturing, orders and service delivery to the existing procurement difficulty risk. - FY2021-Q3MaterialisedAnnual report
「Profit declined substantially due to difficulty procuring key components caused by the impact of COVID-19 and the run-off in demand from South Korea.」
The continuing difficulty in procuring key components became a factor behind STAr Technologies' lower profit. - FY2021-Q2MaterialisedAnnual report
「Meanwhile, Taiwan-based STAr Technologies, Inc. posted lower revenue as sales, mainly of reliability test systems, remained sluggish due to difficulty procuring key components caused by the impact of COVID-19 and lower demand from customer foundries.」
The continuing difficulty in procuring key components resulted in sluggish reliability test system sales and lower revenue. - FY2021-Q1MaterialisedAnnual report
「Taiwan-based STAr Technologies, Inc. posted lower revenue as sales of test systems and probe cards remained sluggish due to difficulty procuring key components caused by the impact of COVID-19 and lower demand from customer foundries.」
The previously recognized procurement difficulty risk materialized as difficulty procuring key components due to COVID-19, resulting in sluggish sales and lower revenue. - FY2020WorsenedAnnual report
「The spread of COVID-19 is expected to have a material impact on the Group's results through delays in procuring materials and outsourced manufacturing, postponed customer orders due to stagnating economic activity, delays in service delivery due to the effects of working from home and other factors, and the loss of business opportunities due to the cancellation of trade shows and other events.」
In addition to the existing procurement difficulty risk, the company has specified the channels of impact and expanded the risk scope to include delays in procuring materials and outsourced manufacturing and postponed orders due to the spread of infectious disease. - FY2020-Q2RestatedAnnual report
「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.」
No new occurrence or material change is reported regarding the risk of difficulty procuring products and materials. - FY2020-Q1RestatedAnnual report
「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.」
No new occurrence or material change is reported regarding the risk of difficulty procuring products and materials. - FY2019-Q2RestatedAnnual report
「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.」
No new occurrence or material change is reported regarding the risk of difficulty procuring products and materials. - FY2019-Q1RestatedAnnual report
「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.」
No new occurrence or material change is reported regarding the risk of difficulty procuring products and materials. - FY2018RestatedAnnual report
「Although the company is working to diversify suppliers and maintain appropriate inventory levels, unexpected natural disasters, man-made disruptions, or corporate reorganizations by suppliers and other events could prevent the procurement of necessary products and materials, potentially affecting the business operations and financial results of the Group.」
While supplier diversification and appropriate inventory levels are measures in place, the company continues to recognize the risk of difficulty in procurement. - FY2017RestatedAnnual report
「Although the company is working to diversify suppliers and maintain appropriate inventory levels, unexpected natural disasters, man-made disruptions, or corporate reorganizations by suppliers and other events could prevent the procurement of necessary products and materials, potentially affecting the business operations and financial results of the Group.」
While supplier diversification and appropriate inventory levels are measures in place, the company continues to recognize the risk of difficulty in procurement. - FY2016First statedAnnual report
「Unexpected natural disasters, man-made disruptions, or corporate reorganizations by suppliers and other events could prevent the procurement of necessary products and materials, potentially affecting the business operations and financial results of the Group.」
The company is responding by diversifying suppliers and maintaining appropriate inventory levels.