Product Obsolescence Driven by Technological Innovation and Intensifying Competition
First written in FY2020. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「In addition, if product prices decline as competition intensifies, including with new entrants, competitors launch superior new products, or competitors form strategic alliances, the Group's technologies and products may become obsolete.」
The risk of product obsolescence due to technological innovation, intensifying competition, competing products and alliances continues to be disclosed. - FY2021RestatedAnnual report
「In addition, if product prices decline as competition intensifies, including with new entrants, competitors launch superior new products, or competitors form strategic alliances, the Group's technologies and products may become obsolete.」
The risks of obsolescence due to technological innovation, intensifying competition, competing products and alliances continue to be disclosed. - FY2020First statedAnnual report
「Technological innovation is advancing rapidly and the technological environment is changing at a remarkable pace, resulting in intense development and sales competition every day. In addition, if product prices decline as competition intensifies, including with new entrants, competitors launch superior new products, or competitors form strategic alliances, the Group's technologies and products may become obsolete.」
The risk that technological change, new entrants, competing products and alliances may lead to price declines or product obsolescence is disclosed.