Price Competition and Technological Obsolescence
First written in FY2016. 12 of 20 entries say "Restated". Latest entry: FY2026-H1.
Daiichi Kigenso Kagaku-Kogyo moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 16 of 47 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「In brake applications, sales volume declined 9% year on year as a result of price competition in East Asia. Meanwhile, revenue increased 18% year on year and 25% from the previous quarter due to higher selling unit prices resulting from soaring raw-material prices.」
Sales volume for brake applications declined 9% year on year due to price competition. Revenue increased as higher raw-material prices drove up selling unit prices, but the impact of price competition actually materialized in terms of volume. - FY2025MaterialisedAnnual report
「In the automotive exhaust-gas purification catalyst field, revenue declined due to the expanding share of PHEVs produced by Chinese manufacturers, production adjustments by Japanese manufacturers, and downward pressure on selling prices resulting from declines in raw-material prices.」
Downward pressure on selling prices resulting from declines in raw-material prices actually materialized as a factor behind the decline in revenue in the automotive exhaust-gas purification catalyst field. - FY2024MaterialisedAnnual report
「In the automotive exhaust-gas purification catalyst field, revenue fell below the previous fiscal year due to lower selling prices resulting from declines in raw-material prices.」
Lower selling prices resulting from declines in raw-material prices materialized as a decline in revenue in the automotive exhaust-gas purification catalyst field, and the impact of price fluctuations and price competition continued. - FY2021MaterialisedAnnual report
「Meanwhile, revenue declined from the previous fiscal year due to a decrease in average selling prices resulting from changes in the product mix.」
While sales volume of fuel-cell materials remained firm, revenue declined due to lower average selling prices resulting from changes in the product mix, indicating that the impact of lower prices continued to materialize. - FY2021-Q3MaterialisedAnnual report
「Meanwhile, revenue declined year on year due to a decrease in average selling prices resulting from changes in the product mix.」
Regarding the risks of price competition and declining selling prices, revenue from fuel-cell materials declined due to lower average selling prices despite an increase in sales volume. - FY2020RestatedAnnual report
「Revenue from brake materials declined due to the impact of lower selling unit prices and other factors, despite solid sales volume.」
Regarding the risks of price competition and declining selling prices, the Company confirmed in its annual disclosure the instance, already evident through the previous quarter, in which revenue from brake materials declined due to lower unit prices despite solid sales volume. - FY2020-Q3MaterialisedAnnual report
「Revenue from brake materials declined due to the impact of lower selling unit prices and other factors, despite solid sales volume.」
Regarding the risks of price competition and declining selling prices, the Company states that revenue from brake materials actually declined due to lower selling unit prices despite solid sales volume. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition, declining selling prices and technological obsolescence. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the 1st quarter cumulative period. There were also no material changes to the risks described in the securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition, declining selling prices and technological obsolescence. - FY2019RestatedAnnual report
「The Group is constantly exposed to intense price competition with competing manufacturers. Accordingly, the Group may be unable to fully offset future declines in selling prices through cost-reduction efforts, which could affect its business performance. In addition, depending on developments in technological competition with other companies, the Group's technology could become obsolete and thereby affect its business performance.」
The Company continues to recognize the risks of price competition, the possibility that declines in selling prices cannot be offset through cost reductions, and technological obsolescence. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition and technological obsolescence. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition and technological obsolescence. - FY2019-Q1MaterialisedAnnual report
「Products for brake-material applications also benefited from strong automobile production and increased in volume, but were affected by declining unit prices.」
Regarding the risks of price competition and declining selling prices, the Company states that the impact of lower unit prices actually occurred for products for brake-material applications despite an increase in volume. - FY2018RestatedAnnual report
「The Group is constantly exposed to intense price competition with competing manufacturers. Accordingly, the Group may be unable to fully offset future declines in selling prices through cost-reduction efforts, which could affect its business performance.」
The Company continues to recognize the risks of price competition, the possibility that declines in selling prices cannot be offset through cost reductions, and technological obsolescence in the automotive-related industry. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition and technological obsolescence. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition and technological obsolescence. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the 1st quarter cumulative period. There were also no material changes to the risks described in the securities report for the previous fiscal year.」
The Company has disclosed that there have been no new developments or material changes regarding its existing business and other risks, including price competition and technological obsolescence. - FY2017RestatedAnnual report
「The industry is generally characterized by stringent cost-reduction demands from suppliers and rapid technological innovation, and the Company is exposed to price competition with competing manufacturers.」
The Company continues to recognize the risks of cost-reduction demands from suppliers, price competition and technological obsolescence in the automotive-related industry. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company has disclosed in aggregate that there have been no new developments or material changes regarding the risks of price competition and technological obsolescence, and continues to recognize these risks as before. - FY2016First statedAnnual report
「The industry is generally characterized by stringent cost-reduction demands from suppliers and rapid technological innovation, and the Company is exposed to price competition with competing manufacturers. In addition, depending on developments in technological competition with other companies, the Company's technology could become obsolete, potentially affecting its business performance.」
The Company identifies demands from customers to reduce costs, price competition with competitors and obsolescence resulting from technological competition as risks.