Intensifying Competition Driven by Overseas Relocation and Price Competition
First written in FY2016. 23 of 28 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We consider intensified competition with other companies in the same industry due to the overseas relocation of manufacturing operations and other factors to be the greatest risk. The transportation equipment business is affected by trends in motorcycle production, while the machine tools business is affected by capital investment trends in the automotive industry. Customer attrition resulting from pricing pressure and intensified competition with competitors may affect the Group's financial position, operating results and cash flows.」
The Group continued to identify intensified competition resulting from overseas production transfers and other factors as its greatest risk, and continued to describe pricing pressure and customer attrition as channels through which it could have an impact. - FY2024WorsenedAnnual report
「Customer attrition resulting from pricing pressure and intensified competition with competitors may affect the Group's financial position, operating results and cash flows.」
The previously identified risk of intensified competition was described in more specific terms, namely pricing pressure and customer attrition as the channels through which it could have an impact. It was also stated that price competition across the machine tools industry was severe. - FY2024-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes to the Business and Other Risks, and the treatment of risks from intensified competition due to overseas production transfers and price competition was maintained. - FY2023-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes in the major risks, including the risk of intensified competition due to overseas production transfers and price competition. - FY2023-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no material changes in the occurrence of major risks among the matters concerning the business and accounting conditions described in the quarterly report that management recognized as potentially having a material effect on the financial position, operating results or cash flows of the consolidated companies, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. No significant events or other matters were present.」
It was stated that there had been no material changes in the major risks, including the risk of intensified competition due to overseas production transfers and price competition. - FY2023-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no material changes in unusual fluctuations in the financial position, operating results or cash flows, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. No significant events or other matters were present.」
It was stated that there had been no material changes to the Business and Other Risks, and the treatment of risks from intensified competition due to overseas production transfers and price competition was maintained. - FY2022RestatedAnnual report
「We consider intensified competition with other companies in the same industry due to the overseas relocation of manufacturing operations and other factors to be the greatest risk. The transportation equipment business is affected by trends in motorcycle production, while the machine tools business is affected by capital investment trends in the automotive industry.」
The Group continued to identify intensified competition associated with overseas production transfers and dependence on production and capital investment trends in customer industries as its greatest risks. - FY2022-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes to the Business and Other Risks, and the treatment of risks from intensified competition due to overseas production transfers and price competition was maintained. - FY2021MaterialisedAnnual report
「In terms of profit, operating loss amounted to ¥375 million, compared with operating profit of ¥129 million in the same period of the previous year, due to the increased burden of fixed costs resulting from lower net sales and the impact of responding to customer demands for cost reductions on projects in the machine tools business.」
In the machine tools business, responding to requests for cost reductions on projects affected results, and operating income turned into an operating loss. The risks of pricing pressure and intensified competition materialized in full-year results. - FY2021-Q3RestatedAnnual report
「During the third quarter of the fiscal year, there were no material changes in the occurrence of major risks that management recognizes as potentially having a material impact on the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business conditions, financial position and other matters described in this quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
It was stated that there had been no material changes to the Business and Other Risks, and the treatment of risks from intensified competition due to overseas production transfers and price competition was maintained. - FY2021-Q2MaterialisedAnnual report
「In the machine tools business, customer reviews and delays in capital investment plans resulting from the COVID-19 pandemic, together with the impact of responding to requests for cost reductions on projects, resulted in net sales of ¥657 million, down 31.8% year on year, and an operating loss of ¥161 million, compared with operating income of ¥16 million in the same period of the previous year.」
In the machine tools business, responding to requests for cost reductions on projects affected results. Net sales fell 31.8% year on year, and operating income turned into an operating loss from the profit recorded in the same period of the previous year. The risks of price competition and pricing pressure materialized in the results. - FY2021-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2020RestatedAnnual report
「We consider intensified competition with other companies in the same industry due to the overseas relocation of manufacturing operations to be the greatest risk. The transportation equipment business is affected by trends in motorcycle production, while the machine tools business is affected by capital investment trends in the automotive industry. The Group is strengthening its development functions, continuing to increase the standard units that make up its more than 500 types of machine tools, and making technology dependent on individual employees more visible.」
The Group continued to identify intensified competition resulting from overseas production transfers and competition with other companies in the same industry as its greatest risk, and specified increasing standard units and making individual-dependent technology more visible as countermeasures. - FY2020-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no material changes in unusual fluctuations in the financial position, operating results or cash flows, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. No significant events or other matters were present.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2020-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no material changes in unusual fluctuations in the financial position, operating results or cash flows, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. No significant events or other matters were present.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no material changes in the financial position, operating results, or cash flow situation, including any abnormal fluctuations, or in the business and other risks described in the annual securities report for the previous fiscal year. There were also no material events or other matters of concern.」
It was explicitly stated that there had been no material changes to the business and other risks described for the previous fiscal year, and the treatment of risks from intensified competition due to overseas production transfers and price competition was maintained. - FY2019RestatedAnnual report
「We consider intensified competition with peers resulting from the overseas relocation of manufacturing operations to be the greatest risk. The auto and motorcycle parts business is affected by trends in motorcycle production, while the machine tools business is affected by capital investment trends in the automotive industry.」
The company continued to identify intensified competition associated with overseas relocation and dependence on production and capital investment trends in customer industries as the greatest risks. - FY2019-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no material changes in unusual fluctuations in the Company's financial position, operating results or cash flows, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2019-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2018WorsenedAnnual report
「The market environment surrounding the group is expected to become increasingly diverse, with price competition among peers intensifying further.」
The company indicated that price competition with peers was expected to intensify further and described the competitive risk in stronger terms than previously. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, there were no material changes in the financial position, operating results, or cash flow situation, including any abnormal fluctuations, or in the business and other risks described in the annual securities report for the previous fiscal year. There were also no material events or other matters of concern.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no material changes in unusual fluctuations in the Company's financial position, operating results or cash flows, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2018-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2017-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risk of intensified competition due to overseas relocation and price competition. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no material changes in unusual fluctuations in the Company's financial position, operating results or cash flows, or in the business and other risks described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks, and maintained its treatment of the risks associated with overseas relocation and intensified competition. - FY2017-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company expressly stated that there had been no material changes to the business and other risks described in the previous fiscal year's filing, and maintained its treatment of the risks associated with overseas relocation and intensified competition. - FY2016First statedAnnual report
「We consider intensified competition with peers resulting from the overseas relocation of manufacturing operations to be the greatest risk. The auto and motorcycle parts business is affected by trends in motorcycle production, while the machine tools business is affected by capital investment trends in the automotive industry.」
The company identified overseas relocation, competition with peers, and production and capital investment trends in customer industries as the greatest risks.