Risk of Lower Sales and Profits Due to Eroding Competitive Advantages
First written in FY2020. 1 of 2 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
「In each business field, our Group aims to enhance its competitive advantage and customer satisfaction by developing and providing new products and services that use our proprietary technologies to contribute to the realization of a sustainable society.」
The Company has continued to improve its competitive advantage through new products and services that use its proprietary technologies in response to intensifying quality and price competition. - FY2020First statedAnnual report
「Competition with competitors in terms of quality and price is intensifying in each business field in which our Group operates. If our competitive advantage declines, this may have a material impact on our Group's operating results and financial position, including through lower sales and profit.」
The intensification of competition in quality and price and the resulting risk of lower sales and profit if competitive advantage declines were disclosed for the first time as a standalone risk.