Komori
Restar (3156) · RiskRestated

Price competition and product obsolescence due to technological innovation

First written in FY2016. 5 of 9 entries say "Restated". Latest entry: FY2024.

9entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q3 – FY2017RestatedFY2019WorsenedFY2021RestatedFY2023 – FY20242016: 220162017: 220172018: 120182019: 120192020: 020202021: 120212022: 020222023: 120232024: 12024
Same theme, other companies
Product Obsolescence Due to Intensified Competition and Delays in Adapting to TechnologyA theme 155 companies write about · 158 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 16 of 51 companies on the "Worse" side.

88 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 155 companies compared. The sentences above are computed from all 155.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「Accordingly, factors such as intensifying price competition and delays in adapting our products and services to technological innovation may affect the performance of our group.」

    The company reaffirms the competitive risks of price competition and delays in responding to technological innovation.
  2. FY2023RestatedAnnual report

    「Accordingly, factors such as intensifying price competition and delays in adapting our products and services to technological innovation may affect the performance of our group.」

    The company reaffirms the competitive risks of price competition and delays in responding to technological innovation, while also citing one-stop services and new business models as responses.
  3. FY2021WorsenedAnnual report

    「The electronics industry in which our group operates faces extremely intense competition amid major changes in the business environment, including market maturation and the entry of emerging companies, the development of IoT (the Internet of Things) and AI (artificial intelligence), and increasingly diverse and sophisticated needs.」

    In addition to the existing risks of price competition and technological innovation, the company explicitly identifies intensifying competition resulting from market maturation, the entry of emerging companies, IoT and AI, and increasingly sophisticated customer needs.
  4. FY2019RestatedAnnual report

    「Accordingly, factors such as intensifying price competition and product obsolescence resulting from technological innovation may affect the performance of our group.」

    The risks of price competition and product obsolescence resulting from technological innovation continue to be cited as competitive risks.
  5. FY2018MaterialisedAnnual report

    「During the consolidated fiscal year, the company recorded ¥15,771 million, down 1.5% from the previous consolidated fiscal year, owing mainly to the conservative valuation of inventories based on intensifying market competition and market conditions.」

    The company states that intensifying market competition and other factors actually affected inventory valuation and contributed to the 1.5% year-on-year decline in gross profit.
  6. FY2017RestatedAnnual report

    「Factors such as intensifying price competition and product obsolescence resulting from technological innovation may affect performance.」

    The risks of price competition and product obsolescence resulting from technological innovation are reiterated as competitive risks.
  7. FY2017-Q3RestatedAnnual report

    「Segment profit declined substantially, owing to the deterioration in the cost ratio caused by differences between the exchange rates at the time of purchase and sale in dollar-denominated transactions as the yen appreciated sharply, as well as the intensification of market competition and other factors.」

    Intensifying market competition continues to be cited, together with exchange-rate factors and others, as a factor behind the decline in profit in the semiconductor and electronic components business.
  8. FY2017-Q2MaterialisedAnnual report

    「Segment profit declined substantially, owing to the deterioration in the cost ratio caused by differences between the exchange rates at the time of purchase and sale in dollar-denominated transactions as the yen appreciated sharply, as well as the intensification of market competition and other factors.」

    Intensifying market competition actually contributed to the decline in segment profit in the semiconductor and electronic components business, together with the deterioration in the cost ratio and other factors.
  9. FY2016First statedAnnual report

    「Factors such as intensifying price competition and product obsolescence resulting from technological innovation may affect performance.」

    Price competition among trading companies and the obsolescence of products handled due to technological innovation are identified as major risks.
Moved together

"Achieving an operating margin of 3% and ROE of 10% or more over the medium term" moved the same way as this thread, in the same document, in 2 of its 9 moves.

222222★123456
  1. ★This thread
  2. 1Achieving an operating margin of 3% and ROE of 10% or more over the medium term2×
  3. 2Globalization of the Electronics Industry and Expansion of Emerging Markets2×
  4. 3Expectations for market expansion driven by automotive electrification and automation2×
  5. 4Higher net sales and operating profit, but lower ordinary profit and net income2×
  6. 5Supply-chain disruption caused by natural disasters and accidents2×
  7. 6Demand for customer products, capital investment trends, and seasonality2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Restar's next results are scheduled for 2026-11-13. Read the earnings preview
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