Price Competition for Gas Stove Top Plates
First written in FY2018-Q2. 2 of 6 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2020.
Ishizuka Glass moved to the "Worse" side of this theme in 2018, 1 year before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Sales of top plates for induction cookers and gas cooktops continue to face a challenging business environment, including a decline in housing starts and lower unit prices due to price competition.」
The challenging environment for the top plate business, including declining housing starts and lower unit prices due to price competition, has continued. - FY2020-Q1MaterialisedAnnual report
「In Industrial Materials, a decline in orders for induction-cooker top plates resulted in revenue of ¥378 million, down 7.2% year on year.」
The competitive-environment risk in the top plate business materialized through declining orders for induction cooker top plates and a 7.2% year-on-year decline in revenue. - FY2019WorsenedAnnual report
「Sales of top plates for induction cookers and gas cooktops continue to face a challenging business environment, including a decline in housing starts and lower unit prices due to price competition.」
In addition to the previous price competition involving gas cooktop top plates, the challenging business environment, including declining housing starts and lower unit prices, has continued. - FY2018RestatedAnnual report
「In the main top plate business, the Company was affected by other companies' low-price strategies for gas cooktop top plates during the 83rd fiscal year.」
The Company has reconfirmed the impact of competitors' low-price strategies on gas cooktop top plates and identified differentiation through premium and new models as a response. - FY2018-Q3MaterialisedAnnual report
「In Industrial Materials, orders for both induction-cooker and gas-stove top plates declined, with gas-stove top plates also affected by competitors' low-price strategies, resulting in revenue of ¥1,512 million, down 2.6% year on year.」
Orders for gas cooktop top plates continued to decline due to competitors' low-price strategies, and revenue in the industrial equipment business fell 2.6% year on year. - FY2018-Q2First statedAnnual report
「Orders for gas cooktop top plates declined as a result of competitors' low-price strategies, and revenue was ¥910 million, down 1.8% year on year.」
The Company describes declining orders and revenue resulting from competitors' low-price strategies as a new competitive risk in the industrial equipment business.