Risk of Losing Competitive Advantage Due to Technological Obsolescence and Intensifying Competition
First written in FY2016. 1 of 3 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「Because the risk of rapid technological and economic obsolescence has declined and the assets are expected to operate stably over their useful lives, the Company determined that adopting the straight-line method, which allocates costs evenly, more reasonably reflects the actual use of its property, plant and equipment.」
The Company determined that the risk of rapid technological and economic obsolescence had declined for the new plant and large-scale equipment of 日本ノズル. - FY2017-Q3MaterialisedAnnual report
「The situation deteriorated substantially after an inventory valuation loss of ¥848 million was recognized on products made to the old specifications following specification changes accompanying improved diamond-wire cutting performance.」
A ¥848 million inventory valuation loss arose on products made to the old specifications due to product specification changes, and the financial impact of technological or product obsolescence or conversion materialized. - FY2016First statedAnnual report
「In these industries, technological innovation is rapid and customer needs change quickly, resulting in very rapid obsolescence of technologies and products.」
This indicates the possibility of losing competitive advantage due to intensifying price competition and the emergence of innovative technologies and products.