Intensifying Competition and Risk of Large-Project Cancellations
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2023.
NEXYZ.Group moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Although the energy-saving equipment market is large, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, installations at multiple locations of companies operating multiple stores and at large-scale facilities are increasing. Accordingly, if these large-scale projects are cancelled consecutively due to an economic downturn or other factors, this could affect the performance of our group.」
While continuing to identify the existing risks of intensifying competition and cancellations of large-scale projects, the company has changed the cited factor behind consecutive cancellations from COVID-19 to an economic downturn and other factors. - FY2022RestatedAnnual report
「Although the market for energy-saving equipment and other products is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, installations at multiple locations of companies operating multiple stores and at large-scale facilities are increasing.」
The company continues to identify the risks of numerous competitors, price competition, accelerated market development, and cancellations associated with an increase in large-scale projects. The equipment handled now also includes agricultural equipment. - FY2020WorsenedAnnual report
「Although the energy-saving equipment market is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, installations for major chains with multiple locations and large-scale facilities are increasing. Accordingly, if multiple large-scale projects are cancelled consecutively due to the impact of COVID-19 or other factors, this could affect the performance of our group.」
The company explicitly adds the possibility of consecutive cancellations of multiple large-scale projects due to COVID-19 and other factors to the existing risks of competition and cancellations of large-scale projects. - FY2019RestatedAnnual report
「Although the market for LED lighting and other equipment is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, installations for major chains with multiple locations and large-scale facilities are increasing. Accordingly, consecutive cancellations of multiple large-scale projects could affect the performance of our group.」
The company continues to identify the risks of numerous competitors, price competition, large-scale installations for major chains and large facilities, and consecutive cancellations of multiple projects. - FY2018RestatedAnnual report
「Although the market for LED lighting and other equipment is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, the number of large-scale installations for major chains with multiple locations and other customers is increasing. Accordingly, consecutive cancellations of multiple large-scale projects could affect the performance of our group.」
The company continues to disclose the risks of numerous competitors, price competition, large-scale projects, and consecutive cancellations of multiple projects. - FY2017RestatedAnnual report
「Although the market for LED lighting and other equipment is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, the number of large-scale installations for major chains with multiple locations and other customers is increasing. Accordingly, consecutive cancellations of multiple large-scale projects could affect the performance of our group.」
The company reiterates the existing risks of numerous competitors, price competition, large-scale projects for major chains, and consecutive cancellations of multiple projects. - FY2016First statedAnnual report
「Although the LED lighting and other rental services market is expected to have a certain scale, there are many competitors when sales are included, and price competition and market development may progress more rapidly than expected. In addition, if multiple large-scale projects are cancelled consecutively, this could affect the performance of our group.」
For its core service, the company identifies the large number of competitors, price competition, accelerated market development, and consecutive cancellations of large-scale projects as risks that could affect performance.