Intensifying competition, including from global companies
First written in FY2022. 1 of 3 entries say "Restated". Latest entry: FY2026.
Moriya Transportation Engineering and Manufacturing moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
20 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Amid ongoing technological innovation, including in AI and IoT, competition continues with competitors including leading companies that operate under global production and sales structures. The company is enhancing competitiveness by concentrating management resources primarily on its integrated domestic business of manufacturing, selling, installing, maintaining and repairing freight elevators, as well as on marine elevators with competitive capabilities in Japan and overseas. However, if delays in responding to the latest technological innovations cause product and service prices to decline or the number of new orders to decrease, this could affect the company's financial condition and operating results.」
In addition to intensifying competition, delays in responding to technological innovation, including AI and IoT, are identified as a new competitive risk. - FY2024RestatedAnnual report
「In the elevator industry in which the company operates, competition continues with competitors including leading companies that operate under global production and sales structures.」
The company continues to disclose competition with competitors including global companies and maintains its policy of enhancing competitiveness by concentrating management resources in the target areas. - FY2022First statedAnnual report
「In the elevator industry, competition continues with competitors including leading companies that operate under global production and sales structures.」
The company states that it will enhance competitiveness by focusing on domestic freight elevators and marine elevators in Japan and overseas.