Intensifying Competition for Orders and Price Competition
First written in FY2017-Q1. 9 of 20 entries say "Restated". Latest entry: FY2026.
Takamisawa moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 38 of 84 companies on the "Worse" side.
34 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition, we were unable to absorb the decrease in margins caused by the worsening competitive environment, together with increases in personnel expenses and selling expenses, resulting in lower profit.」
In the car-life-related business, narrower margins resulting from a worsening competitive environment actually occurred and, together with higher personnel and selling expenses, became a factor behind the decline in earnings. - 2026-08-10WorsenedRevisions to earnings forecasts
「In the petroleum division, demand for retail fuels remained weak. Sales volume of industrial fuels for corporate customers and fats and oils also remained sluggish due to market volatility resulting from the situation in the Middle East. In addition, selling prices declined because of intensifying price competition and the government’s policy of expanding subsidies toward the abolition of the provisional tax rate, resulting in lower revenue.」
Intensifying price competition and lower selling prices were identified as specific causes of lower revenue in the petroleum division. - FY2026-H1WorsenedAnnual report
「On the other hand, intensified sales competition and expanded government subsidies aimed at abolishing the provisional tax rate lowered selling prices and resulted in lower revenue. In addition to narrower margins due to a worsening competitive environment, the company was unable to fully absorb increases in labor and selling expenses, resulting in lower profit.」
It specifically states that worsening sales competition and the competitive environment in the car-life-related business caused selling prices and margins to decline, contributing to lower revenue and lower profit. - FY2025RestatedAnnual report
「Further increases in raw material, construction material and labor costs are expected to result in a persistently difficult operating environment.」
It continues to indicate a difficult competitive and earnings environment due to increases in raw material, construction material and labor costs. - FY2024-Q3RestatedAnnual report
「Sales of both public- and private-sector construction remained weak. Despite efforts to reduce manufacturing costs and pass on the impact of surging raw material and fuel prices and higher prices for purchased products, sales and profit declined.」
Sales related to public- and private-sector construction remained sluggish, while raw material, fuel and other prices continued to rise. Despite implementing countermeasures, these factors continue to contribute to lower revenue and lower profit in the construction-related business. - FY2024-Q2RestatedAnnual report
「Sales of both public- and private-sector construction remained weak. Despite efforts to reduce manufacturing costs and pass on the impact of surging raw material and fuel prices and higher prices for purchased products, sales and profit declined.」
Sales related to public- and private-sector construction remained sluggish, while raw material, fuel and other prices continued to rise. Despite implementing countermeasures, these factors contributed to lower revenue and lower profit in the construction-related business. - FY2024-Q1WorsenedAnnual report
「Orders for both public- and private-sector construction remained weak. Despite efforts to reduce manufacturing costs and pass on the impact of surging raw material and fuel prices and higher prices for purchased products, sales and profit declined.」
Public- and private-sector construction orders remained sluggish, while raw material, fuel and other prices continued to rise. Despite implementing countermeasures, the construction-related business posted lower revenue and lower profit. - FY2021WorsenedAnnual report
「In the electrical and telecommunications materials business, construction projects in both the public and private sectors declined due to the impact of the novel coronavirus, and further intensified price competition resulted in lower revenue and lower profit.」
Fewer construction projects in both the public and private sectors and further intensified price competition are cited as factors behind lower revenue and lower profit for the full fiscal year. - FY2021-Q3RestatedAnnual report
「With construction projects in both the public and private sectors declining due to the impact of the novel coronavirus, intensified price competition resulted in lower revenue and lower profit.」
Fewer construction projects in both the public and private sectors and further intensified price competition continue to be cited as factors behind lower revenue and lower profit in the electrical and telecommunications materials business. - FY2021-Q1WorsenedAnnual report
「With construction projects in both the public and private sectors declining due to the impact of the novel coronavirus, intensified price competition resulted in lower revenue and lower profit.」
In addition to fewer construction projects in both the public and private sectors, further intensified price competition resulted in lower revenue and lower profit in the electrical and telecommunications materials business. - FY2020WorsenedAnnual report
「In the construction-related business, competition for orders is expected to become more intense due to reductions in municipal public works budgets, while orders related to typhoon disaster recovery work are expected.」
It indicates that competition for orders is expected to become even more intense against a backdrop of reductions in municipal public works budgets. - FY2019WorsenedAnnual report
「With municipal budgets for public works being reduced, competition for orders in the construction-related business is expected to intensify further, resulting in a difficult business environment.」
The risk assessment has strengthened toward expectations that competition for orders will become even more intense against a backdrop of reductions in public works budgets. - FY2019-Q3WorsenedAnnual report
「Although public works remained sluggish, the company actively pursued orders related to private-sector capital investment demand and increased revenue. However, narrower margins due to price competition resulted in higher revenue but lower profit.」
The description has changed back from securing margins and achieving higher revenue and higher profit in the previous quarter to narrower margins due to price competition and higher revenue but lower profit. - FY2019-Q2RestatedAnnual report
「Although public works remained sluggish, the company actively pursued orders related to private-sector capital investment demand and secured its margins, resulting in higher revenue and higher profit.」
It continues to describe a situation in which the company secured its margins through efforts to win orders from private-sector demand, resulting in higher revenue and higher profit. - FY2019-Q1MitigatedAnnual report
「Although public works remained sluggish, the company actively pursued orders related to private-sector capital investment demand and secured its margins, resulting in higher revenue and higher profit.」
The description has changed from narrower margins due to conventional price competition to securing margins through efforts to win orders and achieving higher revenue and higher profit. - FY2018-Q2RestatedAnnual report
「Amid persistently weak demand for public works and private-sector capital investment, efforts to develop new customers resulted in higher revenue, but intensified price competition narrowed margins and reduced profit.」
Intensified price competition and narrower margins continued in the electrical and telecommunications materials business, resulting in higher revenue but lower profit. - FY2018-Q1RestatedAnnual report
「Amid persistently weak demand for public works and private-sector capital investment, efforts to develop new customers resulted in higher revenue, but intensified price competition narrowed margins and reduced profit.」
Intensified price competition and narrower margins continue in the electrical and telecommunications materials business. - FY2017-Q3RestatedAnnual report
「In the electrical and telecommunications materials business, demand for public works and private-sector capital investment recovered and sales increased. However, margins narrowed amid intensifying price competition, resulting in higher revenue but lower profit.」
It states that intensified price competition and narrower margins continued in the electrical and telecommunications materials business, resulting in higher revenue but lower profit. - FY2017-Q2RestatedAnnual report
「In the electrical and telecommunications materials business, demand for public works and private-sector capital investment recovered and sales increased. However, margins narrowed amid intensifying price competition, resulting in higher revenue but lower profit.」
It states that intensified price competition and narrower margins continue in the electrical and telecommunications materials business. - FY2017-Q1First statedAnnual report
「Sales of construction-related materials and deliveries of products for disaster recovery projects progressed smoothly. However, the business environment became difficult, including due to intensifying competition for orders, resulting in higher revenue but lower profit. In the electrical and telecommunications materials business, demand for public works and private-sector capital investment showed signs of recovery, but intensifying price competition resulted in higher revenue but lower profit.」
It specifically states that intensified competition in both the construction-related and electrical materials businesses contributed to higher revenue but lower profit in the quarter.