Intensifying competition from companies in other countries
First written in FY2016-Q2. 12 of 20 entries say "Worsened", first in FY2016-Q3. Latest entry: FY2025.
Kawaguchi Chemical Industry moved to the "Worse" side of this theme in 2016, 8 years before the typical company in this theme (2024).
The whole theme swung hardest in 2017: 4 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Sales of general-purpose products for acrylic acid and acrylates, the Company's major customers' main products, declined due to competition from low-priced overseas products, but overall sales exceeded the previous fiscal year.」
Even as demand recovered, sales of general-purpose products declined due to competition from low-priced overseas products. - FY2025-H1WorsenedAnnual report
「As demand for acrylic acid and acrylates, the Company's major customers' main products, recovered, sales of specialty-shaped products increased due to competition with low-priced overseas products in major products, while sales of general-purpose products declined.」
Even as demand recovered, competition from low-priced overseas products continued, with the impact emerging as lower sales of general-purpose products. - FY2024RestatedAnnual report
「International competition is intensifying in the markets in which the Group operates. Competitors may have greater competitiveness than the Group.」
The risks associated with intensifying international competition and the competitiveness of competitors continue to be disclosed. quantified=false, materialized=true. - FY2023MaterialisedAnnual report
「Sales volume of tire products fell below the previous year, as some products lost market share due to reduced competitiveness resulting from soaring raw material prices, although」
The decline in competitiveness caused by soaring raw material prices was specifically described as resulting in product market-share losses and lower sales volume. - FY2021WorsenedAnnual report
「International competition is intensifying in the markets in which the Group operates. Competitors may have greater competitiveness than the Group. In addition, as new competitors enter the market, the Group's products may face severe price competition. As a result, the Group's performance may be affected by price declines resulting from efforts to maintain market share amid intensifying competition, or by a decline in market share.」
The scope of the risk is described specifically, extending from competition with companies in other countries to intensifying international competition, new market entrants, price declines and loss of market share. - FY2021-Q3WorsenedAnnual report
「While sales of some of the Company's major products fell below the same period of the previous year due to intense competition from overseas products, sales of other major products increased.」
The disclosure states that intense competition from overseas products continued and affected sales of major products, which fell below the same period of the previous year. - FY2021-Q2RestatedAnnual report
「Customer operating rates recovered as tire production for export and domestic automobile production recovered, but sales were at the same level as the same period of the previous year as intense competition from overseas products continued.」
Although customer operating rates recovered, intense competition from overseas products continues. - FY2021-Q1WorsenedAnnual report
「Customer operating rates recovered as tire production for export and domestic automobile production recovered, but sales of chemicals for tires fell below the same period of the previous year as competition from overseas products intensified.」
Although customer operating rates recovered, sales of tire chemicals fell below the same period of the previous year due to intensifying competition from overseas products. - FY2020-Q3WorsenedAnnual report
「Although sales of some products for special applications increased in overseas markets, demand for major products remained sluggish and sales competition with overseas products intensified locally, causing sales to fall below the same period of the previous year.」
Intensifying sales competition with overseas products, together with sluggish demand for major products, contributed to the decline in sales of resin chemicals for overseas markets. - FY2020-Q2WorsenedAnnual report
「Sales of chemicals for tires fell below the same period of the previous year due to intensifying competition from overseas products and lower customer demand resulting from production cuts.」
Competition from overseas products intensified for tire chemicals, and sales fell below the same period of the previous year along with lower customer demand. - FY2020-Q1WorsenedAnnual report
「Sales of chemicals for tires fell below the same period of the previous year due to intensifying competition from overseas products and lower customer operating rates.」
In addition to intensified competition from overseas products, customer operating rates declined, causing sales of tire chemicals to fall below the same period of the previous year. - FY2019RestatedAnnual report
「While chemicals for tires continued to face competition from overseas products,」
Competition from overseas products and companies from other countries continues. - FY2018-Q3RestatedAnnual report
「Although chemicals for tires faced competition from overseas products, sales exceeded the same period of the previous year as a result of focusing on sales expansion in line with increased customer demand.」
Competition from overseas products continues for tire chemicals, but sales exceeded the same period of the previous year due to sales expansion in line with increased demand. - FY2018-Q1WorsenedAnnual report
「Sales of chemicals for tires fell below the same period of the previous year due to competition from overseas products, while sales of chemicals for synthetic rubber declined because customer operating rates were somewhat sluggish.」
Competition from overseas products was cited as a factor behind the decline in sales of tire chemicals, indicating that the challenging competitive environment continues. - FY2017-Q3WorsenedAnnual report
「For exports, we actively pursued sales expansion as existing customers, particularly in China, showed signs of recovery and the yen remained weak, but competition in the market intensified for major products, resulting in increases and decreases in sales volume and revenue depending on the product.」
It states that sales expansion was pursued against a backdrop of recovering existing customers and a weaker yen, while market competition intensified for major products. - FY2017-Q2RestatedAnnual report
「Sales of pharmaceutical intermediates and specialty chemicals declined in overseas markets due to lower customer demand and competition with other companies.」
Competition with other companies continued to emerge as a factor behind the decline in overseas sales. - FY2017-Q1WorsenedAnnual report
「Although the company actively pursued new customers and negotiated with existing customers after the yen turned weaker, sales declined as existing customers, particularly in China, remained at low operating levels and competition with companies from other countries intensified further.」
Competition with companies from other countries intensified further and, together with low operating levels among existing customers, became a factor behind the decline in export sales. - FY2016RestatedAnnual report
「Sales declined as the yen remained strong and competition with companies from other countries intensified further.」
Intensified competition with companies from other countries was again cited, along with yen appreciation, as a factor behind the decline in export sales. - FY2016-Q3WorsenedAnnual report
「Sales declined as the yen appreciated further in the third quarter and competition with companies from other countries intensified further.」
The filing states that, in addition to further yen appreciation, competition with companies from other countries "intensified further." - FY2016-Q2First statedAnnual report
「Sales declined as the yen remained strong and competition with companies from other countries intensified further.」
Along with yen appreciation, intensified competition with companies from other countries was cited as a factor behind the decline in export sales.