Risk of Lower Orders and Prices Due to Intensifying Competition
First written in FY2023. 4 of 6 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2025-H1.
Tecnisco moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 5 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「Sales of heat-sink products overall declined from the same period of the previous year, primarily in the Chinese market, due to a combination of deteriorating business sentiment stemming from the real estate problem, continued price competition with Chinese competitors and lower demand from some customers.」
Price competition with Chinese competitors continued, and combined with lower demand from some customers, the risk materialized as a decline in total heat sink product sales. - FY2024RestatedAnnual report
「There is a risk that intensifying competition may reduce the number of new orders or cause product and service prices to decline.」
The Company continues to address price and technology competition risks through Cross Edge® Technology. The decline in sales due to price competition and other factors also occurred during the current period. - FY2024-Q3MaterialisedAnnual report
「In addition to China, markets elsewhere also tend to experience significant demand fluctuations due to price competition and short-term inventory adjustments by manufacturers, and total sales of heat sink products decreased from the same period of the previous year.」
Price competition and inventory adjustments by manufacturers continue in markets including those outside China, and continue to be reflected in declining total sales of heat sink products. - FY2024-Q2MaterialisedAnnual report
「In addition to China, markets elsewhere also tend to experience significant demand fluctuations due to price competition and short-term inventory adjustments by manufacturers, and total sales of heat sink products decreased from the same period of the previous year.」
Price competition and inventory adjustments by manufacturers, including outside China, continue to be reflected in declining total sales of heat sink products. - FY2024-Q1MaterialisedAnnual report
「In addition to China, markets elsewhere also tend to experience significant demand fluctuations due to price competition and short-term inventory adjustments by manufacturers, and total sales of heat sink products decreased from the same period of the previous year.」
Price competition and inventory adjustments by manufacturers materialized as an actual decline in heat sink product sales. - FY2023First statedAnnual report
「There is a risk that intensifying competition may reduce the number of new orders or cause product and service prices to decline.」
The Company is addressing these risks through Cross Edge® Technology, based on five processing technologies, together with advanced processing precision and quality control.