New Entrants to the Ground Engineering Business and Price Competition
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
121 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Because stable demand is expected for the Group's ground investigation and improvement business, construction companies whose main business has been securing public-works contracts may enter the market. Existing ground improvement contractors may also adopt low-price strategies to expand or maintain their market share.」
The company continues to identify entry into the ground investigation and improvement business by new competitors and low-price strategies by existing operators as competitive risks. - FY2020RestatedAnnual report
「Because stable demand is expected for the Group's ground investigation and improvement business, construction companies whose main business has been securing public-works contracts may enter the market. Existing ground improvement contractors may also adopt low-price strategies to expand or maintain their market share.」
The company continues to identify new entrants to the ground business and price competition as competitive risks. - FY2019First statedAnnual report
「Because stable demand is expected for the Group's ground investigation and improvement business, construction companies whose main business has been securing public-works contracts may enter the market. Existing ground improvement contractors may also adopt low-price strategies to expand or maintain their market share.」
The company explicitly identified new entrants and low-price strategies by existing operators as competitive risks in the ground investigation and improvement business for the first time.