Price Competition in the Commercial Air-Conditioning Market
First written in FY2020. 4 of 6 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「There is a risk that product pricing competitiveness will decline because products appear expensive relative to their price and performance and because delays in research and development reduce competitiveness.」
The company reaffirms the risk of declining product competitiveness due to products appearing expensive relative to their price and performance and delays in research and development. - FY2023ReframedAnnual report
「There is a risk that product pricing competitiveness will decline because products appear expensive relative to their price and performance and because delays in research and development reduce competitiveness.」
The description has been expanded from price competition involving conventional low-value-added products to risks of declining product competitiveness, including products appearing expensive relative to their price and performance and delays in research and development. - FY2022RestatedAnnual report
「Product categories with relatively low added value in the commercial air-conditioning market face intense price competition, which is expected to continue.」
The company reaffirms the continuation of price competition in its low-value-added product range and cites improving production technology, reducing costs, improving energy efficiency, and responding with high-value-added products as countermeasures. - FY2022-Q3RestatedAnnual report
「Regarding the environment surrounding the air-conditioning industry, public construction investment has remained solid even amid the COVID-19 pandemic, and demand for private-sector capital investment has shown some signs of recovery. However, order competition remains severe, while soaring raw-material prices and prolonged supply constraints mean that a full-scale recovery has yet to be achieved.」
The company continues to describe intense order competition in the air-conditioning industry, reaffirming its recognition of risks related to pricing and the order environment. - FY2022-Q2RestatedAnnual report
「Order competition remains intense, and uncertainty continues, including the risk that surging raw material prices and supply constraints will persist for an extended period.」
The company continues to describe intense order competition in the commercial air-conditioning market, reaffirming its recognition of risks related to pricing and the order environment. - FY2020First statedAnnual report
「Product categories with relatively low added value in the commercial air-conditioning market face intense price competition, which is expected to continue.」
The company cites improving production technology, reducing costs, improving energy efficiency, and differentiating itself through high-value-added products as countermeasures.