Price pressure and market share declines due to intensifying international competition
First written in FY2022. 1 of 2 entries say "Worsened", first in FY2024. Latest entry: FY2024.
MANAC Chemical Partners moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2025: 5 of 7 companies on the "Worse" side.
7 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「In addition to the substantial decline in demand for flame retardants during the consolidated fiscal year, competition with overseas products intensified, while declining domestic demand and rising manufacturing and environmental compliance costs made conditions increasingly difficult. The Company expects the challenging business environment to continue.」
The Company explicitly stated that competition with overseas products had intensified in addition to the substantial decline in demand for flame retardants, with declining domestic demand and rising manufacturing and environmental compliance costs adding to the pressure. - FY2022First statedAnnual report
「As a result, price pressure or a decline in market share due to intensifying competition could affect the Group’s business results and financial condition.」
The Company indicated that international competition and new market entrants could create price pressure and cause a decline in market share.