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Wesco Holdings (6091) · RiskRestated

Intensifying Price Competition in the Public Works Market

First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2023.

8entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20232016: 12017: 320172018: 320182019: 020192020: 020202021: 020212022: 020222023: 12023
Same theme, other companies
Lower Contract Prices and System Changes Due to General Competitive BiddingA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.

9 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「If an unexpected change occurs in the bidding system, or if bid prices decline significantly due to intensifying competition, this could affect the Group's business performance.」

    The company continues to identify business-performance risks arising from changes to the public works bidding system and intensifying price competition.
  2. FY2018RestatedAnnual report

    「If price competition intensifies further in the market related to public works as a result of market changes, this could affect the Group's business performance.」

    The company continues to identify intensifying price competition in the public works market as a business-performance risk.
  3. FY2018-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The company concludes that there have been no material changes regarding the risk of intensifying price competition in the public works market.
  4. FY2018-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The company concludes that there have been no material changes regarding the risk of intensifying price competition in the public works market.
  5. FY2017RestatedAnnual report

    「If price competition intensifies further in the market related to public works as a result of market changes, this could affect the Group's business performance.」

    The company continues to identify intensifying price competition in the public works market as a business-performance risk.
  6. FY2017-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The company concludes that there have been no material changes regarding the risk of intensifying price competition in the public works market.
  7. FY2017-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The company concludes that there have been no material changes regarding the risk of intensifying price competition in the public works market.
  8. FY2016First statedAnnual report

    「If price competition intensifies further in the market related to public works as a result of market changes, this could affect the Group's business performance.」

    The company newly identifies intensifying price competition resulting from changes in the public works market as a business-performance risk.
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Intensifying Price Competition in the Public Works Market | Wesco Holdings Inc. (6091) | Komori