Electronic Components Sector: Component Data Deposition: Electronic component shipment statistics for April 2026: Strong shipments of passive components led by capacitors, with a moderate recovery in connectors

研报英文原文证据摘录

Electronic Components Sector: Component Data Deposition: Electronic component shipment statistics for April 2026: Strong shipments of passive components led by capacitors, with a moderate recovery in connectors

J P M O R G A N Asia Pacific Equity Research

01 July 2026

Electronic Components Sector

Component Data Deposition: Electronic component

shipment statistics for April 2026: Strong shipments of

passive components led by capacitors, with a moderate

recovery in connectors

We have analyzed the data on global electronic component shipments by Japanese Japan Equity Research

makers for April 2026 announced by the Japan Electronics and Information

Technology - Electronic

Technology Industries Association (JEITA) on June 30, 2026. In April 2026, total Components

electronic component shipment value was lower than expected for the season (-5% AC Akinori Kanemoto

MoM), but capacitors drove growth and passive components remained relatively

(81-3) 6736 8628

firm. On a trendline basis, overall electronic components were flat, while passive akinori.kanemoto@jpmorgan.com

components, led by capacitors, continued to show a growth trend in yen terms and Ikki Shibata

reached another record high in April after striking one in March. In dollar terms, (81-3) 6736 8641

a moderate growth trend also continued. In addition to capacitors, connectors ikki.shibata@jpmorgan.com

reached a record high in yen terms and are showing a moderate recovery in dollar JPMorgan Securities Japan Co., Ltd.

terms. Shipment value for other components shifted from a flat growth trend to a

downtrend. Further, production volume for dielectric ceramic electrode materials

used in MLCCs recovered MoM, and we expect this trend to continue. We maintain