Price Competition with Competitors
First written in FY2017-Q1. 9 of 17 entries say "Worsened", first in FY2017-Q2. Latest entry: FY2025-H1.
Quantum Solutions moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 42 of 89 companies on the "Worse" side.
108 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「The Group is seeking to maintain its competitive advantage by leveraging its sales and planning capabilities in niche areas where it does not compete with major companies. However, there is no assurance that this strategy will succeed, and a decline in orders won or a reduction in margins could adversely affect the Group's financial condition and operating results.」
While leveraging its sales and planning capabilities in niche areas, the possibility of fewer orders and narrower margins due to competition continues to be identified. - FY2024WorsenedAnnual report
「In the products segment, average customer spend has declined and is below plan due to continued entry by competitors, an increase in low-priced products and a decline in the number of purchases by existing customers.」
Regarding competition risks, the entry of competitors and increase in low-priced products in the eyelash-care business have materialized as an actual decline in average customer spending and failure to meet plan. - FY2024-Q3RestatedAnnual report
「These risks are beginning to materialize, and the possibility of lower profitability is increasing as selling prices are forced down.」
As in the previous quarter, it is stated that intensifying competition in the EV field could lead to lower selling prices and profitability. - FY2024-Q2WorsenedAnnual report
「These risks are beginning to materialize, and the possibility of lower profitability is increasing as selling prices are forced down. In response to these risks, the Company is considering reducing manufacturing costs by placing orders with Chinese companies that are ahead in EV production. It is also considering developing artificial-intelligence cockpit software in its planned AIGC business to differentiate itself on quality.」
The EV competition risk is beginning to materialize, and the possibility of lower profitability due to declining selling prices has increased. As countermeasures, the Company is considering reducing manufacturing costs by placing orders with Chinese companies and differentiating itself on quality through its AIGC business. - FY2023WorsenedAnnual report
「Major automakers are now also announcing new small-car models, while the active rollout of low-priced vehicles by Chinese automakers poses a major threat. Entry into the EV business by companies from outside the traditional automotive industry is also increasing. In Thailand, where we plan to begin sales in the near term, numerous automakers have entered the market, which is seen as a promising emerging market, and competition in vehicle models and selling prices is expected to intensify. There is a risk that selling prices will decline going forward, resulting in lower profitability.」
In the EV field, entry by companies from outside the automotive industry is increasing in addition to major and Chinese manufacturers, making the potential for competition in vehicle models and pricing in the Thai market and lower profitability more concrete. - FY2022WorsenedAnnual report
「The active rollout of low-priced vehicles by Chinese automakers poses a major threat.」
In addition to the traditional competition risks in the systems and fintech fields, competition in vehicle models and pricing with major automakers and Chinese manufacturers is explicitly identified as a risk in the EV business. - FY2021RestatedAnnual report
「The Group is seeking to maintain its competitive advantage by leveraging its sales and planning capabilities in niche areas where it does not compete with major companies. However, there is no assurance that this strategy will succeed, and a decline in orders won or a reduction in margins could adversely affect the Group's financial condition and operating results.」
While leveraging its sales and planning capabilities in niche areas, the Group continues to identify competition-related risks that could lead to fewer orders and narrower margins. - FY2021-Q2WorsenedAnnual report
「With respect to the fintech business, the Group comprehensively considered the tightening of regulations in Hong Kong, intensifying competition with peers, and its new management policy of making every effort to launch, during the current consolidated fiscal year, related businesses that combine 5G and AI technologies, and decided to withdraw from unprofitable businesses」
Tighter regulations in Hong Kong and intensifying competition with peers have become concrete factors in the decision to withdraw from the fintech business as an unprofitable business. - FY2021-Q1WorsenedAnnual report
「With respect to the fintech business, the Group comprehensively considered the tightening of regulations in Hong Kong, intensifying competition with peers, and its new management policy of making every effort to launch, during the current consolidated fiscal year, related businesses that combine 5G and AI technologies, and decided to withdraw from unprofitable businesses」
The previously identified risk relating to price competition with competitors has led to a more significant business impact, namely the decision to withdraw from the fintech business due to tighter regulations in Hong Kong and intensifying competition with peers. - FY2020WorsenedAnnual report
「Intensifying competition among cryptocurrency exchange operators」
In addition to conventional price competition, intensifying competition among cryptocurrency exchange operators is explicitly identified as a factor behind weak performance in the fintech business. - FY2019RestatedAnnual report
「The Group is seeking to maintain its competitive advantage by leveraging its sales and planning capabilities in niche areas where it does not compete with major companies. However, there is no assurance that this strategy will succeed, and a decline in orders won or a reduction in margins could adversely affect the Group's financial condition and operating results.」
The possibility of fewer orders won and narrower margins due to competition continues to be identified, together with an explanation of the Group's sales and planning capabilities in niche areas. - FY2018RestatedAnnual report
「The Group is seeking to maintain its competitive advantage by leveraging its sales and planning capabilities in niche areas where it does not compete with major companies. However, there is no assurance that this strategy will succeed, and a decline in orders won or a reduction in margins could adversely affect the Group's financial condition and operating results.」
The possibility of fewer orders won and narrower margins due to competition continues to be identified as a risk. - FY2018-Q1RestatedAnnual report
「Revenue declined due to the impact of price competition with competitors and other factors, although」
Price competition with competitors continues to be identified as a factor behind the revenue decline. - FY2017WorsenedAnnual report
「Sales activities stalled amid intensifying price competition with competitors, resulting in orders falling below the initially projected amount.」
It states that intensifying price competition led to stagnant sales activities and failure to achieve the initially projected order amount. - FY2017-Q3RestatedAnnual report
「However, revenue and profit declined due to the impact of price competition with companies in the same industry.」
The decline in revenue and profit due to price competition with companies in the same industry continues to be cited. - FY2017-Q2WorsenedAnnual report
「The decline from the previous year’s spot sales and price competition with other companies increased the number of low-margin projects, resulting in lower sales and earnings.」
Price competition continued, and its impact on performance is explicitly stated in the form of an increase in low-margin projects and declines in revenue and profit. - FY2017-Q1MaterialisedAnnual report
「Although we worked further to acquire new clients and strengthen our sales base, earnings declined due in part to the impact of price competition with competitors.」
The impact of price competition has emerged as a factor behind lower earnings in the Media Solutions business.