Competition with Other Companies and Price Competition
First written in FY2016. 7 of 9 entries say "Worsened", first in FY2020. Latest entry: FY2026.
G-Tekt moved to the "Worse" side of this theme in 2020, 5 years before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 5 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Chinese automakers are rapidly increasing their presence not only by raising their domestic sales ratio but also in Southeast Asian and European markets, making the competitive environment surrounding Japanese automakers increasingly challenging.」
The competitive presence of Chinese automakers has expanded from China to Southeast Asia and Europe, and intensifying competition surrounding Japanese automakers was explicitly identified. - FY2026-H1WorsenedAnnual report
「Meanwhile, Chinese automakers are increasing their sales share in China while also strengthening their presence in Southeast Asian markets, affecting Japanese automakers.」
The competitive presence of Chinese automakers has expanded from China to Southeast Asian markets, and an impact on Japanese automakers was identified. Changes in the competitive environment are expanding geographically. - FY2025WorsenedAnnual report
「Meanwhile, Chinese automakers are increasing their sales share in China while also strengthening their presence in Southeast Asian markets.」
The growing presence of Chinese automakers in domestic and overseas markets, accompanying the shift toward EVs and the transformation of the automotive industry, was identified as a change in the competitive environment. - FY2023-Q2WorsenedAnnual report
「Meanwhile, the shift toward EVs is progressing rapidly, intensifying competition.」
In addition to conventional competition and price competition, the rapid shift toward EVs and the resulting intensification of competition were explicitly identified. - FY2020WorsenedAnnual report
「In conducting its business, the Group is exposed to competition and price competition from many competitors. With new entrants from other industries increasing, there is no guarantee that the Group will be able to maintain or gain market share in the future. If it is unable to respond appropriately to changes in market share, this may affect the Group's results.」
In addition to conventional competition and price competition, the increase in new entrants from other industries was explicitly identified, indicating heightened risks in the competitive environment. - FY2017RestatedAnnual report
「The Group is working to enhance its competitiveness by accurately identifying customer needs in each region, making development proposals with competitive pricing, and consistently providing products that customers need. However, there is no guarantee that it will be able to maintain or gain market share in the future.」
The Group reaffirmed its response to competition through addressing regional needs and making development proposals with competitive pricing. - FY2016First statedAnnual report
「In conducting its business, the Group is exposed to competition and price competition from many competitors.」
Competition risk, including the possibility that the Group may be unable to maintain or gain market share.