Earnings pressure from intensified competition and policy-driven price cuts
First written in FY2017-Q1. 15 of 16 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2024-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 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2024-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 existing business and other risks, including intensifying competition and lower selling prices. - FY2022RestatedAnnual report
「Regarding risks related to materials procurement, the company will continue to pass higher costs on to selling prices while pursuing ongoing cost reductions.」
The company states its policy of passing higher costs on to selling prices and reducing costs in response to profit pressure, including lower selling prices and intensifying competition. - FY2022-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 existing business and other risks, including intensifying competition and lower selling prices. - 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 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no 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 existing risks, including intensifying competition and lower selling prices. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no 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 existing risks, including intensifying competition and lower selling prices. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no 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 existing business and other risks, including intensifying competition and lower selling prices. - FY2017RestatedAnnual report
「Revenue was ¥20,582 million, down 3.7% year on year, due to lower selling prices and exchange-rate fluctuations.」
Although no specific response to intensifying competition is stated, lower selling prices continue to be cited as a factor behind lower revenue in businesses related to the Products Division. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no 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 existing business and other risks, including those associated with intensifying competition and policy-driven price cuts. - FY2017-Q2RestatedAnnual report
「As competition with other companies intensified, the company implemented policy-driven price cuts, causing revenue in the segment to decline.」
It similarly reports a decline in revenue from businesses related to the Products Division due to intensifying competition and policy-driven price cuts. - FY2017-Q1MaterialisedAnnual report
「As competition with other companies intensified, the company implemented policy-driven price cuts, causing revenue in the segment to decline.」
The company states that it implemented policy-driven price cuts in response to intensifying competition, resulting in lower segment revenue.