Intensifying competition during an economic downturn
First written in FY2016. 18 of 22 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 35 of 64 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2025-H1Added intensifying competition in China in the automotive industryAnnual report
「In Japan's automotive industry, a major demand sector for bright steel bars and cold-heading steel wire, production activity was forced into a slump due to intensified competition in China, weak sales in Southeast Asia and certification fraud issues.」
In addition to the existing risk of intensifying competition during an economic downturn, intensified competition in China in the automotive industry is described as a factor behind weak production among customers. - FY2024RestatedAnnual report
「Our group primarily sells in western Japan, and there are 17 competitors in bright steel bars and cold-heading steel wire in that area alone. If competition intensifies during an economic downturn, this could affect our group's performance.」
The disclosure reconfirms the 17 competitors in western Japan and the risk of intensifying competition during an economic downturn. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2022Updated to 17 competitorsAnnual report
「Our group primarily sells in western Japan, and there are 17 competitors in bright steel bars and cold-heading steel wire in that area alone. If competition intensifies during an economic downturn, this could affect our group's performance.」
The number of competitors in western Japan changed from 18 to 17, and the risk of intensifying competition and the existing countermeasures were reiterated. - FY2022-Q2RestatedAnnual report
「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」
It has reconfirmed that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It has reconfirmed that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2021-Q2RestatedAnnual report
「During the six-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」
It has reconfirmed that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2021-Q1RestatedAnnual report
「During the three-month cumulative period of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year. The impact of COVID-19 on the business will continue to be monitored closely in light of future developments.」
It has reconfirmed that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2020Competitor count reduced; countermeasures specifiedAnnual report
「Our group primarily sells in western Japan, and there are 18 competitors in bright steel bars and cold-heading steel wire in that area alone. If competition intensifies during an economic downturn, this could affect our group's performance. Our group will focus on developing new customers and projects by strengthening information exchange with partner companies, while working to secure market share through M&A and other measures.」
The number of competitors changed from 19 to 18, and securing market share through M&A and other measures was presented as a countermeasure in addition to developing new business. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2017RestatedAnnual report
「Our group primarily sells in western Japan, and there are 19 competitors in bright steel bars and cold-heading steel wire in that area alone. If competition intensifies during an economic downturn, this could affect our group's performance.」
The disclosure reiterates the 19 competitors in western Japan and the risk of intensifying competition during an economic downturn. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter, there was no occurrence of any new business or other risk, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [current second quarter], there were no new business risks and no material changes to the business risks described in the prior fiscal year's annual securities report.」
It states that there have been no material changes regarding the risk of intensifying competition during an economic downturn. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no newly arising business or other risks, nor any material changes to the business or other risks described in the securities report for the preceding fiscal year.」
It states that there have been no material changes since the previous fiscal year regarding the risk of intensifying competition. - FY2016First statedAnnual report
「Our group primarily sells in western Japan, and there are 19 competitors in bright steel bars and cold-heading steel wire in that area alone.」
The number of competitors is quantified at 19, and the impact on performance of intensifying competition during an economic downturn is identified as a risk.