Intensifying competition in computerized flat knitting machines for shoe-upper production
First written in FY2019-Q2. 4 of 7 entries say "Worsened", first in FY2019. Latest entry: 2026-10-30.
No other company in this theme has enough history to compare yet.
- FY2026-H1WorsenedAnnual report
「Although sales increased, the deterioration in the gross profit margin caused by lower selling prices amid intensifying competition resulted in an operating loss of ¥79 million, compared with an operating loss of ¥1,938 million in the same period of the previous year.」
Lower selling prices resulting from intensifying competition were reflected in the deterioration of the gross profit margin. - FY2024RestatedAnnual report
「Competition for market share with Chinese manufacturers and other competitors is also expected to intensify.」
The company reconfirmed the intensifying competition for market share with competitors, including Chinese manufacturers, as a business risk. - FY2019WorsenedAnnual report
「Sales of computerized flat knitting machines for sports-shoe production, which had expanded rapidly in recent years, failed to grow as competition intensified with circular knitting machines and inexpensive Chinese-made flat knitting machines.」
In sports-shoe applications, competition with circular knitting machines and low-cost Chinese-made machines became more pronounced, and sales failed to grow for the full year. - FY2019-Q3RestatedAnnual report
「Sales of computerized flat knitting machines for shoe-upper production also declined amid intensifying competition.」
The company reconfirmed the decline in sales of computerized flat knitting machines for shoe-upper production caused by intensified competition. - FY2019-Q2First statedAnnual report
「Sales of computerized flat knitting machines for shoe-upper production, which had expanded rapidly in recent years, also declined as the competitive environment became increasingly challenging.」
The company explicitly stated for the first time that sales of computerized flat knitting machines for shoe-upper production declined as competition intensified.