Risk of Losing Competitive Advantage and New Product Launches by Competitors
First written in FY2021. 3 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「To address these risks, the Group seeks to improve polishing performance by independently designing the chemical solutions that are key components of polishing materials, based on a scientific understanding of the polishing mechanism. Semiconductor wafer polishing involves multiple steps, from rough polishing through final polishing. The Group supplies polishing materials for all of these steps and provides the optimal polishing materials and processes for each step, enabling it to produce high-quality, efficient final surfaces in accordance with customer requirements.」
The Group specified proprietary chemical-solution design and the provision of materials and processes for all polishing steps as measures to address the risk of losing competitive advantage to competitors. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes regarding the risk of losing competitive advantage and competitors launching new products. - FY2024-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes regarding the risk of losing competitive advantage and competitors launching new products. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes regarding the risk of losing competitive advantage and competitors launching new products. - FY2021First statedAnnual report
「However, because a diverse range of competitors exists in Japan and overseas, the Group faces the risk that its competitive advantage may be threatened or that competitors may develop and launch new products with performance superior to that of the Group's products.」
While maintaining the world's largest market share, the Group explicitly identified erosion of its competitive advantage by competitors and the development and launch of higher-performance products as new risks.