Decline in competitive advantage due to foreign competitors entering the market and price competition
First written in FY2017. 3 of 5 entries say "Worsened", first in FY2022. Latest entry: FY2026.
Ubicom Holdings moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2026: 13 of 21 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Against a backdrop of uncertainty over the global economic outlook, downward pricing pressure has intensified in some projects, particularly in the manufacturing sector, as the impact of U.S. tariff measures on clients has become apparent. Price competition is consequently intensifying in the offshore development field, but even in this environment we avoided being drawn into price competition and selectively narrowed our order intake after carefully assessing profitability.」
Downward pricing pressure has emerged among customers affected by U.S. tariff measures, and price competition in offshore development has intensified further. The company narrowed its order intake after assessing profitability. - FY2026-H1WorsenedAnnual report
「Against a backdrop of uncertainty over the global economic outlook, downward pricing pressure has intensified in some projects, particularly in the manufacturing sector, as the impact of U.S. tariff measures on clients has become apparent. Price competition is consequently intensifying in the offshore development field, but even in this environment we avoided being drawn into price competition and selectively narrowed our order intake after carefully assessing profitability.」
Stated that downward pricing pressure has emerged among customers affected by U.S. tariff measures and that price competition in offshore development is intensifying. The company is responding by carefully reviewing and selecting orders. - FY2022WorsenedAnnual report
「If competitors enter the Philippine market or competition with offshore development companies serving Japanese companies in Vietnam and other countries intensifies, making it difficult to maintain a competitive advantage over competitors in terms of cost, technological capabilities and other factors, the group’s operating performance may be affected.」
Expanded the scope of the competitive environment to explicitly include competition with offshore development companies in Vietnam and other countries, in addition to competitors entering the Philippine market. - FY2020RestatedAnnual report
「If foreign competitors enter the Philippine market or domestic competitors shift to overseas production, intensifying the competitive environment surrounding the group, and it becomes difficult to maintain a competitive advantage over competitors in terms of cost, technological capabilities and other factors, the group’s operating performance may be affected.」
Continued to outline the risk of intensified competition from competitors entering the Philippine market and the shift to overseas production. - FY2017First statedAnnual report
「If foreign competitors enter the Philippine market or domestic competitors shift to overseas production, intensifying the competitive environment surrounding the group, and it becomes difficult to maintain a competitive advantage over competitors in terms of cost, technological capabilities and other factors, the group’s operating performance may be affected.」
Outlined intensified competition resulting from competitors entering the Philippine market and domestic competitors shifting production overseas as risks.