Intensifying competition from glass and alternative materials
First written in FY2016. 9 of 15 entries say "Restated". Latest entry: FY2022-Q3.
No other company in this theme has enough history to compare yet.
- FY2022-Q3RestatedAnnual report
「There were no material changes to the business and other risks described in the securities report for the previous fiscal year during the cumulative third quarter of the current fiscal year.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2022-Q2RestatedAnnual report
「The Group considers its analysis of business and other risks disclosed in the annual securities report for the previous fiscal year to remain valid during the second quarter of the current consolidated cumulative period. There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year during the second quarter of the current consolidated cumulative period.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2021-Q1RestatedAnnual report
「There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year during the first quarter of the current consolidated cumulative period.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2020WorsenedAnnual report
「Over the medium to long term, the flat-glass industry has been moving toward commoditization and lower prices as the number of glass manufacturers in emerging markets increases.」
The increase in manufacturers in emerging markets has led to commoditization and lower prices, explicitly identified as a source of structural competitive pressure. - FY2020-Q3WorsenedAnnual report
「In the third quarter, prices in Europe's architectural glass market declined as demand growth failed to absorb the increase in supply.」
In Europe's architectural glass market, supply growth outpaced demand growth, resulting in price declines. Price declines due to increased supply were also reported in Asia and North America. - FY2020-Q2WorsenedAnnual report
「In Europe, prices in the architectural glass market declined as competition intensified.」
Prices declined in the European architectural glass market as competition intensified. The company also reported price declines in North America due to increased supplies of glass for general construction. - FY2019WorsenedAnnual report
「In Southeast Asia, competition has intensified as competitors have expanded production capacity, but demand for glass for the construction market has generally remained strong, and sales of glass for solar panels also increased.」
Intensifying competition resulting from competitors' expanded production capacity was also confirmed in the full-year results briefing. - FY2019-Q3WorsenedAnnual report
「In Southeast Asia, competition has intensified as competitors have expanded production capacity, but demand for glass for the construction market has generally remained strong, and sales of glass for solar panels also increased.」
Intensifying competition resulting from competitors' expanded production capacity became evident in Southeast Asia. - FY2018-Q3RestatedAnnual report
「There were no material changes to the business and other risks described in the securities report for the previous fiscal year during the cumulative third quarter of the current fiscal year.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2018-Q2RestatedAnnual report
「There were no material changes to the business and other risks described in the securities report for the previous fiscal year during the cumulative second quarter of the current fiscal year.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2018-Q1RestatedAnnual report
「There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year during the first quarter of the current consolidated cumulative period.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2017-Q3RestatedAnnual report
「There were no material changes to the business and other risks described in the securities report for the previous fiscal year during the cumulative third quarter of the current fiscal year.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2017-Q2RestatedAnnual report
「There were no material changes to the business and other risks described in the securities report for the previous fiscal year during the cumulative second quarter of the current fiscal year.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2017-Q1RestatedAnnual report
「There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year during the first quarter of the current consolidated cumulative period.」
The company states that there have been no material changes to the risk of intensifying competition from glass and substitute materials. - FY2016First statedAnnual report
「If the Group is unable to maintain its competitive advantage due to changing market needs, the emergence of manufacturers offering products at lower cost, or the entry of manufacturers with strong customer bases or high name recognition, or if competitors receive government subsidies that are unavailable to the Group, this could materially affect the Group's operating results and financial condition.」
The risk encompasses competition not only from glass manufacturers but also from manufacturers of substitute materials such as plastics and metals.