Risk of declining market prices due to competition with other companies in the same industry
First written in FY2017. 1 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2022.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「As measures, the Company is implementing cross-functional initiatives to secure cost competitiveness, including reducing raw-material procurement costs and cutting costs by reviewing manufacturing methods.」
The Company continues to address the risk of declining market prices due to competition and cost measures through reviews of raw-material procurement and manufacturing methods. - FY2021MitigatedAnnual report
「As measures, the Company is implementing cross-functional initiatives to secure cost competitiveness, including reducing raw-material procurement costs and cutting costs by reviewing manufacturing methods.」
While continuing to disclose the risk of declining market prices due to competition, the Company has specified cross-functional cost measures, including reviewing raw-material procurement and manufacturing methods. - FY2019MaterialisedAnnual report
「The main reasons were a decline in revenue resulting from the discontinuation of development of products under development, the transfer of branded contrast media, including Optiray, and a decline in the market share of core products due to the launch of generic products by other companies.」
The launch of generic products by other companies is identified as an actual factor behind the decline in the market share of core products and the resulting decline in revenue. - FY2017First statedAnnual report
「For some products, intense competition among numerous manufacturers may cause market prices to fall substantially. In addition, measures taken by domestic manufacturers of new drugs to secure market share may prevent the Group from achieving its planned budget.」
The risks to market prices and budget achievement arising from competition with numerous manufacturers and measures taken by domestic manufacturers of new drugs are stated.