Intensifying competition for existing products in overseas markets
First written in FY2019. 2 of 6 entries say "Materialised", first in 2026-05-14. Latest entry: FY2026.
Nippon Soda moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 5 of 11 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the Agribusiness, severe competition with generic agrochemicals is expected to continue in sales to South America.」
It was explicitly stated that severe competition with generic agrochemicals will continue in sales to South America. - FY2020RestatedAnnual report
「In the Agricultural Chemicals business, although the impact of foreign exchange and intensifying competition for existing products in overseas markets are expected, we will work to expand sales of the new fungicide “Psylock,” steadily advance the development and commence sales of the new acaricide “Danio-te” and new fungicide NF-180, and increase sales volumes of existing products.」
The company continues to anticipate intensifying competition for existing products in overseas markets and states that it will respond by expanding, developing and launching sales of new products. - FY2019First statedAnnual report
「In the Agricultural Chemicals business, although we expect expanded sales of the insecticide “Mospilan” and new fungicides in the “Psylock” range, as well as contributions from the business acquired during the previous fiscal year, competition for existing products in overseas markets is expected to intensify, while research and development expenses and outsourced testing expenses associated with developing new agrochemicals and expanding the applications of existing products are expected to remain high.」
The possibility of intensifying competition for existing products in overseas markets was first explicitly identified as an issue and risk for the Agricultural Chemicals business.