Decline in product competitiveness due to failure to respond to new technologies and customer needs
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2025.
Nihon Parkerizing moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Differentiation from competitors is an important factor in the Group's business. The Group is promoting the development of environmentally friendly chemicals, including chromium-free chemicals, the development of applications for various uses, and joint research with customers, while working to develop differentiated technologies and conduct research and development with a view to the future. As a specialist in surface modification, the Group is pursuing the development of technologies that differentiate it from competitors' technologies and the cultivation of new markets through rapid, flexible research and development that anticipates the times. However, if the Group misjudges trends in new technologies or customer needs, or fails to respond to them, and competitors develop higher-quality, lower-priced products or services than those of the Company, profitability and market share may decline, adversely affecting the financial position and operating results of the Group.」
While pursuing differentiated technologies, environmentally friendly chemicals and application development, the Company continues to disclose the risk of declining competitiveness due to failure to respond to new technologies and customer needs. - FY2023RestatedAnnual report
「As a specialist in surface modification, the Company is pursuing the development of technologies that differentiate it from competitors' technologies and the cultivation of new markets through rapid, flexible research and development that anticipates the times. However, if the Company misjudges trends in new technologies or customer needs, or fails to respond to them, and competitors develop higher-quality, lower-priced products or services than those of the Company, profitability and market share may decline, adversely affecting the financial position and operating results of the Group.」
While pursuing differentiated technologies and the development of new markets, the Company continues to disclose the risk of declining competitiveness due to failure to respond to new technologies and customer needs. - FY2022RestatedAnnual report
「If the Company misjudges trends in new technologies or customer needs, or fails to respond to them, and competitors develop higher-quality, lower-priced products or services than those of the Company, profitability and market share may decline, adversely affecting the financial position and operating results of the Group.」
The risk of declining competitiveness and profitability due to failure to respond to new technologies and customer needs continues to be disclosed. - FY2020MaterialisedAnnual report
「In terms of profit, margins declined because of the challenging order environment in China, and the equipment business as a whole experienced lower revenue and lower profit.」
The challenging order environment in China and lower margins actually resulted in lower revenue and lower profit in the equipment business. - FY2019MaterialisedAnnual report
「In overseas markets, revenue increased substantially in China. However, the order environment became increasingly challenging, and profits declined as margins fell.」
The challenging overseas order environment and lower margins actually resulted in lower profits in the equipment business. - FY2019-Q1MaterialisedAnnual report
「In terms of profitability, profits declined as operating margins fell amid intensifying competition for orders overseas and the incurrence of additional costs.」
Intensifying competition for orders overseas and additional costs actually resulted in lower margins and lower profits in the equipment business. - FY2017RestatedAnnual report
「If the Company misjudges trends in new technologies or customer needs, or fails to respond to them, and competitors achieve higher quality and lower costs than the Company's products, this could adversely affect revenue and other results.」
The risk of declining competitiveness due to failure to respond to new technologies and customer needs continues to be disclosed. - FY2016First statedAnnual report
「If the Company misjudges trends in new technologies or customer needs, or fails to respond to them, and competitors achieve higher quality and lower costs than the Company's products, this could adversely affect revenue and other results.」
Responding to customer demand for higher functionality and lower prices, and differentiating the Company from competitors, are identified as important risk areas.