Entry pressure from competitors’ new methods and patent expirations
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「However, if the Company is unable to respond promptly and adequately to market entry by new competitors following the development of new construction methods by third parties or the expiration of patent rights, or to competitors adopting similar methods, its performance may be affected.」
The Company reaffirms the risks associated with new construction methods developed by third parties, market entry following patent expirations and competitors adopting similar methods. - FY2018RestatedAnnual report
「If the Company is unable to respond promptly and adequately to market entry by new competitors following the development of new construction methods by third parties or the expiration of patent rights, or to competitors adopting similar methods, its performance may be affected.」
The Company reiterates the same risks involving new construction methods developed by third parties, new market entry following patent expirations and competitors adopting similar methods. - FY2017First statedAnnual report
「However, if the Company is unable to respond promptly and adequately to market entry by new competitors following the development of new construction methods by third parties or the expiration of patent rights, or to competitors adopting similar methods, its performance may be affected.」
While using patented construction methods and surrounding patents as barriers to entry, the Company identifies as risks new construction methods developed by third parties, new market entry following patent expirations, and competitors adopting similar methods.