Price Competition Driven by Mature Markets and International Competition
First written in FY2016. 18 of 26 entries say "Restated". Latest entry: 2026-10-22.
Corona moved to the "Worse" side of this theme in 2025, 6 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".
- FY2026MaterialisedAnnual report
「Room air-conditioner sales fell below the previous period, partly because split-type units were affected by intensified competition among manufacturers and demand for window-type units for properties declined.」
Intensified competition among manufacturers was reflected in lower sales of split-type units, and sales of air-conditioning and home appliances amounted to ¥13,816 million, down 8.3% from the previous period. - 2026-05-12MaterialisedEarnings
「Room air-conditioner sales fell below the previous period, partly because split-type units were affected by intensified competition among manufacturers and demand for window-type units for properties declined.」
Intensified sales competition among manufacturers emerged as a factor behind the decline in separate-type air-conditioner sales. - FY2026-H1MaterialisedAnnual report
「Sales of air-conditioning and home appliances amounted to ¥11,008 million, down 9.1% from the previous interim consolidated accounting period. Although window-type room air conditioners, which do not require installation work, performed steadily, sales of split-type units fell below the previous interim consolidated accounting period, partly owing to intensified competition among manufacturers.」
Intensified competition among manufacturers was reflected in lower sales of split-type units, and sales of air-conditioning and home appliances fell 9.1% from the same interim period of the previous year. - FY2024-Q3RestatedAnnual report
「Room air-conditioner sales fell below the same quarter of the previous year, partly owing to consumers holding back on purchases and intensified competition among manufacturers.」
The company continues to identify intensified competition among manufacturers as a factor behind room air-conditioner sales falling below the same quarter of the previous year. - FY2024-Q2RestatedAnnual report
「Room air-conditioner sales fell below the same quarter of the previous year, partly owing to consumers holding back on purchases and intensified competition among manufacturers.」
The company continues to identify intensified competition among manufacturers as a factor behind room air-conditioner sales falling below the same quarter of the previous year. - FY2023-Q2RestatedAnnual report
「Sales of room air conditioners and air coolers fell below the same quarter of the previous year despite temperatures remaining relatively high nationwide, owing in part to unsettled weather and intensified competition among manufacturers.」
The company continues to identify intensified competition among manufacturers as a factor behind sales of room air conditioners and air coolers falling below the same quarter of the previous year. - FY2022-Q3WorsenedAnnual report
「However, sales of room air conditioners fell below the same quarter of the previous year, owing to intensified competition among manufacturers and the reversal of special demand following the special fixed benefit payments made last year.」
The company states that intensified competition among manufacturers affected the decline in room air-conditioner sales below the same quarter of the previous year. - FY2022-Q2RestatedAnnual report
「However, sales of room air conditioners fell below the same quarter of the previous year, owing to intensified competition among manufacturers, the reversal of special demand following the special fixed benefit payments made last year, and temperatures remaining relatively low from August onward.」
The company continues to identify intensified competition among manufacturers as a factor behind room air-conditioner sales falling below the same quarter of the previous year. - FY2022-Q1WorsenedAnnual report
「However, room air-conditioner sales fell below the same quarter of the previous year due to factors including intensified competition among manufacturers, the反動 from demand generated by the special fixed benefit payments distributed the previous year, and relatively low temperatures in early summer.」
The company indicates that competition among manufacturers intensified and identifies this as a factor contributing to room air-conditioner sales falling below the same quarter of the previous year. - FY2021RestatedAnnual report
「The heating equipment market is already mature, with several companies competing in each product category, and is affected by pricing policies.」
The company continues to identify the mature heating equipment market, price competition with multinational companies in air-conditioning and household electrical appliances, and competition in residential equipment. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2019RestatedAnnual report
「The heating equipment market is already mature, with several companies competing in each product category, and is affected by pricing policies. In addition, price competition with international companies in the air-conditioning and household electrical appliance market is becoming increasingly intense.」
The company has reconfirmed the risks associated with mature markets, international competition and price competition, and uses high-value-added products, cost reduction, and differentiation by sales region and channel as countermeasures. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2018RestatedAnnual report
「The heating equipment market is already mature, with several companies competing in each product category, and is affected by pricing policies. In addition, price competition with international companies in the air-conditioning and household electrical appliance market is becoming increasingly intense.」
The company has reconfirmed the risks associated with mature markets, international competition and price competition, and uses high-value-added products, cost reduction, and differentiation by sales region and channel as countermeasures. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2017RestatedAnnual report
「The heating equipment market is already mature, with several companies competing in each product category, and is affected by pricing policies. In addition, price competition with international companies in the air-conditioning and household electrical appliance market is becoming increasingly intense.」
The company has reconfirmed the risks associated with mature markets, international competition and price competition, and identifies high-value-added products, cost reduction, and differentiation by sales region and channel as countermeasures. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of price competition driven by mature markets and international competition. - FY2016First statedAnnual report
「The Group faces a wide range of competitors in the residential equipment sector, from large international companies to specialist companies, and competition is extremely intense.」
The company identifies the maturity of the heating equipment market, international competition in air-conditioning and household electrical appliances, and changes in demand for residential equipment as competitive risks.