ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan electronic parts makers' rising stocks stoke production cut fears

Taiyo Yuden cites China lockdowns, while Murata sees smartphone slowdown

Murata Manufacturing scaled back production to around 90% of capacity from 95% in July as market uncertainties grow. (Photo courtesy of Murata Manufacturing)

TOKYO/KYOTO, Japan -- Inventories are piling up at Japan's leading electronics parts producers due to protracted lockdowns in China and disruptions in the auto industry, stoking concern that a further downturn in demand could force them to scale back production drastically.

Eight parts suppliers -- Murata Manufacturing, Nidec, Kyocera, TDK, Nitto Denko, Rohm Semiconductor, Alps Alpine and Taiyo Yuden -- logged a combined 2% increase in revenue for the April-June period from January-March, their latest quarterly results show.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more