Intensifying competition from other companies
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 35 of 84 companies on the "Worse" side.
108 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If construction costs for buildings or entire plants rise, this could trigger price competition with insulation and fireproofing materials other than calcium silicate, potentially affecting operating results.」
The risk of price competition with other materials against a backdrop of soaring construction costs continues. - FY2024RestatedAnnual report
「If construction costs for buildings or entire plants rise, this could trigger price competition with insulation and fireproofing materials other than calcium silicate, potentially affecting operating results.」
The risk of price competition with other materials against a backdrop of soaring construction costs continues to be disclosed. - FY2023WorsenedAnnual report
「Demand for non-residential construction has remained firm, but in recent years competition with competing products has tended to intensify amid soaring material prices and other factors.」
The company explicitly identified a trend toward intensifying competition with competing products against a backdrop of soaring material prices. - FY2022RestatedAnnual report
「If a manufacturer of similar products or calcium silicate products whose performance surpasses that of the company's products were to emerge, this could affect the financial position and operating results of the group.」
The risk of future competitors emerging in the niche market continues to be disclosed. - FY2021RestatedAnnual report
「Competitors may emerge in the future. If a manufacturer of similar products or calcium silicate products whose performance surpasses that of the company's products were to emerge, this could affect the financial position and operating results of the group.」
The risk of future competitors emerging in the niche market continues to be disclosed. - FY2020First statedAnnual report
「Revenue declined slightly due to intensifying competition with other companies' products for the company's core product, calcium silicate boards for fireproofing applications.」
While the risk section identifies the possible emergence of competitors in the future, it already states that revenue from the core product declined during the period due to intensifying sales competition.