Global Supply-Demand Imbalance in the Titanium Market and Aggressive Low-Price Competition from Overseas Rivals
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2022.
OSAKA Titanium technologies moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
34 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「In addition, the Russian invasion of Ukraine has caused disruptions to global supply chains, creating an uncertain outlook.」
In addition to the existing risks of a global supply-demand gap and intensifying competition, it was stated that the invasion of Ukraine had caused disruptions to global supply chains. - FY2020RestatedAnnual report
「In the titanium business, the global supply-demand gap for titanium sponge is not expected to be resolved for the foreseeable future, and a challenging competitive environment is anticipated. Our business performance may be affected by intensified competition with rival companies in Japan and overseas, among other factors.」
The global supply-demand gap for titanium sponge and the challenging competitive environment continued to be identified as key risks. - FY2019RestatedAnnual report
「Although demand is expected to grow, the global supply-demand gap, with supply capacity exceeding demand, is expected to continue for the time being. The supply-demand gap is expected to narrow year by year, but the intensely competitive environment is expected to continue.」
The view was reiterated that the global supply-demand gap in the titanium market and the intensely competitive environment would continue for the time being. - FY2018MaterialisedAnnual report
「In addition to the continued global supply-demand gap for titanium sponge, aggressive low-price competition from rival countries benefiting from weaker local currencies led to a greater-than-expected deterioration in market conditions, and the performance targets were not achieved.」
It was concluded that the global supply-demand gap and aggressive low-price competition from overseas rivals caused a greater-than-expected deterioration in market conditions, resulting in the performance targets under the previous medium-term management plan not being achieved. - FY2017First statedAnnual report
「With a global supply-demand imbalance continuing as supply capacity exceeds demand, the competitive environment is becoming increasingly difficult because of aggressive low-price competition from overseas rivals, aided by weaker currencies. Conditions for selling prices also remain difficult.」
The Company newly stated explicitly that selling prices and the competitive environment in the titanium business had deteriorated because of global oversupply and aggressive low-price competition from overseas rivals.