Contraction of the Wallpaper Pasting Machine Market Due to Changes in Building Interior Construction Methods
First written in FY2018. 1 of 3 entries say "Restated". Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023ReframedAnnual report
「If a construction method replacing wallpaper installation emerges for building interiors in the future, the market for wallpaper pasting machines may contract and adversely affect the operating results of the Company Group. At the same time, demand for automation and labor-saving construction methods is expected to continue rising as a fundamental solution to the labor shortage, which is becoming an increasingly serious social issue. The Company believes this could instead create an opportunity to expand its business by promptly establishing and proposing new automation and labor-saving methods for interior construction.」
In addition to the risk of contraction in the wallpaper pasting machine market, the Company identified the establishment of new automation and labor-saving construction methods driven by the labor shortage as an opportunity to expand its business. - FY2019RestatedAnnual report
「Although the Company holds an overwhelming share of the wallpaper pasting machine market, if a construction method replacing wallpaper installation emerges for building interiors in the future, the market for wallpaper pasting machines may contract and adversely affect the Company's operating results.」
The risk of market contraction due to the replacement of wallpaper installation methods continues to be disclosed. - FY2018First statedAnnual report
「If a construction method replacing wallpaper installation emerges for building interiors in the future, the market for wallpaper pasting machines may contract and adversely affect the Company's results.」
The possibility that alternative construction methods could shrink the market for the Company's core products was identified.