Changes in Competition from New Entrants with Large Capital Bases
First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
121 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In this business environment, the Company provides products with enhanced price competitiveness through mass production enabled by mechanization. However, the sale of innovative products by competitors or price competition with competitors may affect the Company's business performance.」
The Company continues to recognize the risk of an impact on business performance from competitors' new products and price competition. - FY2024RestatedAnnual report
「The Company manufactures and sells tofu, fried tofu, deep-fried tofu and other products, with its main customers in the retail, wholesale and food-service industries. In this business environment, the Company provides products with enhanced price competitiveness through mass production enabled by mechanization. However, the sale of innovative products by competitors or price competition with competitors may affect the Company's business performance.」
While maintaining price competitiveness through mechanization, the Company continues to recognize competitors' new products and price competition as factors that may affect business performance. - FY2024-Q1Changes in the competitive environmentAnnual report
「However, even after implementing price revisions, sales volume increased as a result of the closure of other companies in the same industry and」
The Company stated that sales volume increased against the backdrop of the closure of other companies in the same industry and other factors, disclosing changes in the competitive environment through specific sales trends. It did not explicitly state that competitive risk had declined. - FY2023RestatedAnnual report
「The Company will promote initiatives to increase sales by developing new products and expanding its base of new business partners. However, if competition becomes even more intense, this may affect its business performance.」
The Company continues to recognize competitive risks arising from concentration of the market among major companies, increasingly diverse customer needs, and intensifying selling-price competition. - FY2022RestatedAnnual report
「While the overall market for tofu-related industries has stagnated, the number of small businesses has declined substantially and the industry has become concentrated among major companies. Against this backdrop, customer needs have become increasingly diverse, and competition over selling prices has intensified further.」
The Company continues to identify market stagnation, concentration among major companies, increasingly diverse customer needs, and intensifying selling-price competition as risks in the competitive environment. - FY2021RestatedAnnual report
「While the overall market for tofu-related industries has stagnated, the number of small businesses has declined substantially and the industry has become concentrated among major companies. Against this backdrop, customer needs have become increasingly diverse, and competition over selling prices has intensified further.」
The Company continues to identify market stagnation, concentration among major companies, increasingly diverse customer needs, and intensifying selling-price competition as risks in the competitive environment. - FY2019RestatedAnnual report
「While the overall market for tofu-related industries has stagnated, the number of small businesses has declined substantially and the industry has become concentrated among major companies. Against this backdrop, customer needs have become increasingly diverse, and competition over selling prices has intensified further.」
The Company continues to identify market stagnation, concentration among major companies, increasingly diverse customer needs, and intensifying selling-price competition as risks in the competitive environment. - FY2017WorsenedAnnual report
「Against this backdrop, customer needs have become increasingly diverse, and competition over selling prices has intensified further.」
In addition to the existing risks from the entry of large amounts of capital and changes in competition, the Company explicitly identifies increasingly diverse customer needs and intensifying selling-price competition. - FY2016First statedAnnual report
「However, if significant changes in competition occur as a result of large amounts of capital entering the market from other industries, this may affect the Company's business performance.」
While building price competitiveness on mechanization and mass production, the Company recognizes the entry of large amounts of capital from other industries as an external risk.