Market Competition and Price-Cutting Competition
First written in FY2016. 2 of 4 entries say "Worsened", first in FY2017. Latest entry: FY2021.
Kunimine Industries moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 39 of 85 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group's core businesses, bentonite, Agri and specialty chemicals, are all exposed to intense market competition. Accordingly, the development of new technologies and products, as well as price competition with competitors, may affect operating results and financial condition.」
The risk of market competition and price competition common to the 3 businesses continues to be disclosed. - FY2019WorsenedAnnual report
「The civil engineering and construction business is also exposed to intense market competition, raising concerns about deteriorating profitability.」
In addition to the general competition risk disclosed previously, intense competition in civil engineering and construction was explicitly identified as a concern that could lead to deteriorating profitability. - FY2017WorsenedAnnual report
「The environmental business within the specialty chemicals segment has many tender projects for which municipalities are the primary customers. Declining sales prices due to competition with other companies and the risk of unsuccessful tenders may affect business performance.」
In addition to the general competition and price reduction risk disclosed previously, specific competitive exposure was identified in the form of lower prices and unsuccessful municipal tenders. - FY2016First statedAnnual report
「The Group's core businesses, bentonite, Agri and specialty chemicals, are all exposed to intense market competition. Accordingly, the development of new technologies and products, as well as price competition with competitors, may affect operating results and financial condition.」
Disclosed as a competition and price fluctuation risk common to all 3 businesses.