Intensifying Competition and Shift in Demand Toward Low-Priced Products
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: 2026-05-13.
The whole theme swung hardest in 2024: 5 of 9 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-05-13RestatedEarnings
「Automobile production and sales continued to recover in Japan as supply constraints eased, while sales by Japanese automakers in China remained sluggish amid the growing presence of local manufacturers.」
The company continued to cite the growing presence of local Chinese manufacturers and sluggish sales by Japanese automakers, maintaining its recognition of intensifying competition. - FY2025RestatedAnnual report
「In the Chinese market, sales by Japanese manufacturers have remained sluggish due to the rapid growth of local manufacturers.」
The company continues to cite the rapid growth of local Chinese manufacturers and sluggish sales by Japanese manufacturers, indicating that its recognition of intensifying competition remains unchanged. - FY2025-H1WorsenedAnnual report
「In the Chinese market, sales by Japanese manufacturers have remained sluggish due to the rapid growth of local manufacturers.」
The rapid growth of local Chinese manufacturers and sluggish sales by Japanese manufacturers are described as actual market trends, giving concrete form to the risk of intensifying competition. - FY2020First statedAnnual report
「If competition intensifies in the business areas related to our group, and other companies offer competitive new products or services, conduct aggressive sales activities such as substantial price cuts, or if demand shifts toward lower-priced products, these developments could affect our group's operating results and financial position.」
The company has disclosed intensifying competition, new products and services, substantial price cuts and a shift in demand toward lower-priced products as standalone business risks for the first time.