Risk of Price Competition and Lower Profitability Due to Intensifying Competition
First written in FY2020. 4 of 7 entries say "Restated". Latest entry: FY2023.
Sds Holdings moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2023MaterialisedAnnual report
「Although the renovation business of 株式会社イエローキャピタルオーケストラ, which became a newly consolidated subsidiary, made a significant contribution to profit, the existing energy-saving business experienced a decline in gross margin due to order competition and other factors, resulting in an operating loss.」
The decline in gross margin caused by intensifying competition has actually emerged in annual results as a factor contributing to the operating loss in the existing energy conservation-related business. - FY2022MaterialisedAnnual report
「This resulted in an operating loss because the gross profit margin declined from the previous consolidated fiscal year due to competition for orders and other factors, while selling, general and administrative expenses were incurred in advance to expand the business in the next fiscal year.」
The report states that the decline in gross profit margin due to competition has emerged in actual results as a factor contributing to the operating loss. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes in the risk of price competition and declining profitability due to intensifying competition. - FY2021RestatedAnnual report
「The Group faces competition from other companies in pricing and transaction terms. If competitors offer prices or transaction terms without regard to profitability, we may lose business opportunities.」
The disclosure continues to cite the risk of declining profits due to competition with other companies, low prices and favorable transaction terms, and competition from large companies and companies with access to low-cost financing. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes in the risk of price competition and declining profitability due to intensifying competition. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explains that there have been no material changes in the risk of price competition and declining profitability due to intensifying competition. - FY2020First statedAnnual report
「The Group faces competition from other companies in pricing and transaction terms. If competitors offer prices or transaction terms without regard to profitability, we may lose business opportunities.」
The Company newly identified the risk of lower profit from competition with other companies, including low prices and favorable terms offered by competitors and competition from large companies or companies with access to low-cost financing.