Maturity and Intensifying Competition in the Oil-Fired Heating Equipment Market
First written in FY2016. 12 of 18 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「Although the oil-fired heating equipment market is already mature, several companies, including businesses larger than ours, compete in the market on various factors, including price and functionality.」
The company continues to describe the maturity of the oil-fired heating equipment market and price and functionality competition with competitors, including larger businesses. - FY2024-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2024-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2023RestatedAnnual report
「Although the oil-fired heating equipment market is already mature, several companies, including businesses larger than ours, compete in the market on various factors, including price and functionality.」
The company continues to describe the maturity of the oil-fired heating equipment market and price and functionality competition with competitors, including larger businesses, as part of its operating environment. - FY2023-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company states that there were no new business or other risks and no material changes to existing risks. - FY2022Specific channels of competitive impactAnnual report
「If we cease to maintain an advantage in products with technological or other competitive strengths, or if we are unable to effectively forecast and respond to price declines caused by competition with rival companies or increases in selling costs, this may affect our business performance.」
For the risks of market maturity and intensifying competition, the company specifies the channels of impact on performance: declining product competitiveness, falling prices and rising selling costs. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2022-Q1RestatedAnnual report
「During the three months ended March, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2021RestatedAnnual report
「Although the oil-fired heating equipment market is already mature, several companies, including businesses larger than ours, compete in the market on various factors, including price and functionality.」
The company continues to describe the maturity of the oil-fired heating equipment market and price and functionality competition with competitors, including larger businesses, as part of its operating environment. - FY2021-Q3RestatedAnnual report
「There were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year during the cumulative third quarter period.」
The company states that there were no new business or other risks and no material changes to existing risks. No material changes are indicated for the risks associated with market maturity and intensifying competition either. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The report states that no new business or other risks have arisen and that there have been no significant changes to existing risks. - FY2021-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there were no new business or other risks and no material changes from the previous fiscal year. It also indicates no material changes in the disclosure concerning the risks associated with market maturity and intensifying competition. - FY2020Specific market competition factorsAnnual report
「Although the oil-fired heating equipment market is already mature, several companies, including businesses larger than ours, compete in the market on various factors, including price and functionality.」
Alongside the continuing risks of market maturity and intensifying competition, the company describes specific channels of impact, including the scale of competitors, price and functionality competition, and rising selling costs. - FY2020-Q3Market contraction caused by a warm winterAnnual report
「Although temperatures were lower than normal across Japan in early December because strong cold air flowed in from the continent, the winter pressure pattern did not persist from mid-December onward, resulting in a warm winter trend and a year-on-year contraction in market size.」
The company states that the oil-fired heating equipment market contracted year on year because of the warm winter trend from mid-December onward. - FY2018-Q3Market expansion driven by cold airAnnual report
「From mid-November through December, cold air was prone to flow in from the continent during the peak demand season, and temperatures were low. As a result, the market expanded year on year.」
The company states that the oil-fired heating equipment market expanded year on year because of lower temperatures. It does not indicate that the structural risks of market maturity and intensifying competition have been eliminated. - FY2017RestatedAnnual report
「Our core products, oil-fired heating equipment, are now driven mainly by replacement demand resulting from increased penetration, making it difficult to expect the market as a whole to expand. Heating equipment is also diversifying beyond oil to include electricity and gas, and competition across industries is expected to intensify.」
The company reiterates the maturity of the oil-fired heating equipment market, the difficulty of market expansion and intensifying competition, including competition from electricity and gas, as structural conditions in its operating environment. - FY2017-Q3Market expansion driven by a reboundAnnual report
「The market expanded year on year, reflecting a rebound from the record warm winter caused by the El Niño phenomenon last year.」
The company states that the oil-fired heating equipment market expanded because of a rebound from last year’s record warm winter. At the same time, it says there were no material changes in business and other risks, without indicating that the structural risks of market maturity and intensifying competition had been eliminated. - FY2016First statedAnnual report
「Demand for oil-fired heating equipment is now driven mainly by replacement demand resulting from increased penetration, making it difficult to expect the market as a whole to expand. Heating equipment is also diversifying beyond oil to include electricity and gas, and competition across industries is expected to intensify.」
The company identifies the difficulty of expanding the oil-fired heating equipment market and intensifying competition across industries, including electricity and gas, as risks and challenges.