Japan Display Inc., which provides mobile-device screens for Apple, is forecasting a surprise annual loss because of delayed shipments. The company couldn’t secure the necessary parts to meet Apple orders, causing the delay, Bloomberg reports. Shipments to Sony will also fall in the second half, the report added.

Japan Display expects a net loss of 10 billion yen ($94 million) in the year ending March, compared with a previous forecast for net income of 26.8 billion yen.

Japan Display was created in 2012 when Sony, Toshiba and Hitachi spun off their panel businesses to state-backed Innovation Network Corp. of Japan after failing to keep pace with Samsung Electronics.