Intense Competition and Price Competition Risk
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2026: 40 of 87 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2024-Q3MitigatedAnnual report
「In the domestic business, in addition to the effect of price revisions taking hold, sales of products for insulation renovations remained solid, while profitability of plumbing and bathroom products improved as market share recovered with the competitive environment returning to normal.」
The Company explains that market share for plumbing and bathroom products recovered as the competitive environment returned to normal, improving profitability. - FY2021RestatedAnnual report
「The Group faces intense competition in many of the markets in which it operates, but the domestic market for building and construction materials is particularly oligopolistic, with the Company and its competitors accounting for most of the market.」
The Company continues to disclose intensifying competition and constraints on pricing, identifying differentiation beyond price through value-added products, platform standardization and crowdfunding as countermeasures. - FY2020WorsenedAnnual report
「The Group faces intense competition in many of the markets in which it operates, but the domestic market for building and construction materials is particularly oligopolistic, with the Company and its competitors accounting for most of the market.」
The Company states that the importance of competition and product pricing risk on its risk map increased from the previous year. - FY2019RestatedAnnual report
「To address this situation, the Group is working to reduce costs and develop products with strong customer appeal.」
The Company continues to disclose intense competition and constraints on pricing as risks, and identifies cost reductions and product development as countermeasures. - FY2018RestatedAnnual report
「The Group faces intense competition in many of the markets in which it operates. As a result, it is difficult for the Group to set prices that are consistently favorable to it.」
The Company continues to disclose intensifying competition and constraints on pricing as risks. - FY2017RestatedAnnual report
「The Group's products and services may be exposed to intense price competition, which could adversely affect the Group's operating results and financial condition.」
The Company reiterates the risk of intense competition in many markets and the inability to guarantee a competitive advantage on price. - FY2016First statedAnnual report
「The Group's products and services may be exposed to intense price competition, which could adversely affect the Group's operating results and financial condition.」
While emphasizing quality and product strength, the Company states that it cannot guarantee a competitive advantage in terms of price.