Requests from Business Partners to Reduce Product Prices and Declining Profitability
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, competition among suppliers may make it unavoidable to absorb increases in raw material, logistics and energy costs that reduce profitability, as well as to reduce product prices, which could affect the company's earnings.」
The company continues to disclose the risk of declining profitability from requests to reduce prices, together with increases in raw material, logistics and energy costs. - FY2024RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix.」
The company continues to address requests to reduce prices, the risk of declining profitability, and its response through rationalization and higher value-added products. - FY2023RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix.」
The company identifies requests to reduce prices as an ongoing risk and states that it will respond through rationalization, higher value-added products, and closer cooperation with customers. - FY2022RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix.」
The company continues to disclose requests from customers to reduce prices and its response through rationalization and higher value-added products. - FY2021RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix.」
The company continues to explain that it is responding to requests from customers to reduce prices through cost reductions achieved by rationalization and higher value-added products. - FY2020RestatedAnnual report
「However, competition among suppliers may make it unavoidable to reduce product prices in ways that lower profitability, which could affect the company's earnings.」
The company continues to disclose the potential decline in profitability resulting from requests from customers to reduce prices as a risk. - FY2019RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix. However, competition among suppliers may make it unavoidable to reduce product prices in ways that lower profitability.」
The company continues to disclose pressure from customers to reduce prices, the potential decline in profitability, and its response through rationalization and higher value-added products. - FY2017RestatedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix. However, competition among suppliers may make it unavoidable to reduce product prices in ways that lower profitability.」
The company continues to disclose requests from customers to reduce prices and the potential decline in profitability as risks, with cost reductions and higher value-added products serving as its responses. - FY2016First statedAnnual report
「The company has also received strong requests from customers to reduce product prices amid intensifying competition in the automotive industry. The Group is working to prevent product price reductions from resulting in lower profitability by reducing costs through rationalization and enhancing the value added of its product mix. However, competition among suppliers may make it unavoidable to reduce product prices in ways that lower profitability.」
The company is responding to pressure for lower prices through cost reductions and higher value-added products, while identifying the potential decline in profitability as a risk.