Intensifying Competition in Conventional Computerized Flat Knitting Machines
First written in FY2021. 7 of 9 entries say "Worsened", first in FY2023. Latest entry: 2026-10-30.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「Meanwhile, unit sales of computerized flat knitting machines in the Chinese market fell below the previous period, particularly among major Hong Kong-based customers.」
Amid continued competition with Chinese manufacturers and others, unit sales of computerized flat knitting machines in the Chinese market fell below the previous fiscal year. - 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.」
Intensifying competition has materialized in the form of lower selling prices and deterioration in the gross profit margin. - FY2024RestatedAnnual report
「In each of the Group's businesses, competitors' technological innovation is advancing rapidly in response to constantly changing customer needs.」
The company reconfirmed the continuing risk of changing customer needs and competitors' technological innovation across its businesses, including conventional machines. - FY2023WorsenedAnnual report
「Although personal consumption and production activity in China, the largest market, are expected to recover gradually, competition with Chinese manufacturers is expected to intensify further.」
Alongside the expected recovery of the Chinese market, intensifying competition with Chinese manufacturers was identified as a new downside factor. - FY2021First statedAnnual report
「Competition in the conventional computerized flat knitting machine market is becoming increasingly intense.」
The company identified intensifying competition in conventional computerized flat knitting machines for the first time as a standalone business-environment risk.