Decline in Orders for Optical Applications Due to Intensified Competition with Industry Peers
First written in FY2017-Q1. 5 of 9 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2022.
Sun A.Kaken moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 29 of 54 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「For other adhesive-processed products, orders for the precision-coated surface-protection film SAT declined, resulting in lower revenue, due in part to the termination of the capital relationship with the former Chinese affiliate 長鼎電子材料（蘇州）有限公司.」
Against the backdrop of the termination of the capital relationship with the Chinese market-related affiliate, SAT orders declined and revenue fell, while the impact of competition and order fluctuations in optical applications continued. - FY2022-Q2WorsenedAnnual report
「For other adhesive-coated products, sales expansion of Sanitec NS, a PET-substrate product, progressed. However, orders for SAT, a precision-coated surface protection film, declined due to intensifying competition in China's smartphone component market and the global semiconductor shortage, resulting in lower revenue.」
Intensifying competition in China's market for smartphone components materialised as lower SAT orders and revenue, worsening the competitive risk in optical applications. - FY2022-Q1WorsenedAnnual report
「For other adhesive-processed products, orders for the precision-coated surface-protection film SAT for smartphone-related components declined due to intensifying competition in the Chinese market, resulting in lower revenue.」
Intensifying competition in the Chinese market materialised as lower SAT orders for smartphone-related components and lower revenue, making the competitive risk in optical applications concrete. - FY2020WorsenedAnnual report
「For the adhesive-coated surface-protection film Sanitect, orders for the PET-based NS type declined as some users changed their specifications. In addition, the conventional PO-based type was increasingly replaced in some product lines by competitors' double-layer extruded products, resulting in lower revenue.」
The shift to competitors' double-layer extruded products as a result of competition became concrete, with the impact expanding through lower Sanitect orders and revenue. - FY2020-Q3WorsenedAnnual report
「For the adhesive-coated surface-protection film Sanitect, orders for the PET-based NS type declined as some users changed their specifications. In addition, the conventional PO-based type was affected in some product lines by factors including a shift to competitors' double-layer extruded products, resulting in lower revenue.」
The impact of intensifying competition became concrete in the shift from the conventional PO-based type to competitors' double-layer extruded products, broadening the impact of declining orders for optical applications. - FY2020-Q1MaterialisedAnnual report
「For the adhesive-coated surface-protection film Sanitect, orders for optical applications declined due to intensifying competition with industry peers, resulting in lower revenue.」
The impact of intensifying competition again appeared in actual results as lower orders for optical applications and lower revenue from Sanitect. - FY2018MitigatedAnnual report
「For the double-layer extruded surface-protection film PAC, orders from existing customers remained sluggish, but sales were maintained at the previous-period level by taking on new projects.」
Orders from existing customers remained sluggish, but PAC sales were maintained at the previous-period level by taking on new projects. - FY2018-Q1MitigatedAnnual report
「For the double-layer extruded surface-protection film PAC, optical applications, including polarising-film applications, remained firm. Orders related to smartphones increased, resulting in higher revenue.」
In contrast to the previously reported decline in PAC orders, optical applications remained firm and smartphone-related orders increased this time. The impact of intensifying competition on orders has not materialised in the current quarter. - FY2017-Q1First statedAnnual report
「For the double-layer extruded surface-protection film PAC, orders declined and revenue fell as competition with industry peers intensified while demand for optical applications remained sluggish.」
The report states that intensifying competition with industry peers actually resulted in lower PAC orders and revenue.