Intensifying Competition and Price Competition in the Machine Tool Industry
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The machine tools industry in which the Group operates is highly competitive, with numerous manufacturers. Competition becomes excessive and price competition intensifies, particularly during periods of contracting demand.」
The Company reconfirmed the risks of intensifying competition in the machine tools industry and price competition when demand contracts. - FY2020WorsenedAnnual report
「The Group differentiates itself from other companies by proposing automation systems capable of delivering machining optimized for each user's needs rather than simply offering standard products. However, competition becomes excessive and price competition intensifies, particularly during periods of contracting demand. Machine tool demand has recently declined substantially due to the impact of COVID-19, and if the impact continues or expands further, increased competition with other industry participants may affect the financial condition and operating results of the Group.」
In addition to the risk of price competition during periods of contracting demand, declining demand for machine tools due to infectious disease and the possibility of intensified competition have emerged as additional risks. - FY2017RestatedAnnual report
「The machine tools industry in which the Group operates is highly competitive, with numerous manufacturers.」
The Company reconfirmed the risks of intensifying competition and price competition during periods of contracting demand. - FY2016First statedAnnual report
「The machine tools industry in which the Group operates is highly competitive, with numerous manufacturers.」
The Company recognizes excessive competition and price competition during periods of contracting demand as major risks.