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Kitagawa Seiki (6327) · RiskRestated

Price Competition in Printed Circuit Board Manufacturing Equipment and Low-Priced Chinese Competitors

First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2023.

7entries
8years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2016 – FY2021AdvancedFY20222016: 12017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 12023
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  1. FY2023RestatedAnnual report

    「Because price competition in the industry for press equipment, our group's principal product, is extremely intense, we are working to ensure thorough process control and reduce costs, including by establishing a Production Control Section.」

    The company recognizes price competition in press equipment and low-priced Chinese competitors as risks, and responds through process control and cost reductions by the Production Control Section.
  2. FY2022AdvancedAnnual report

    「Because price competition in the industry for press equipment, our group's principal product, is extremely intense, we are working to ensure thorough process control and reduce costs, including by establishing a Process Control Section.」

    As a response to price competition, the company specifically identifies the establishment of a Process Control Section and details its structure for process control and cost reductions.
  3. FY2021RestatedAnnual report

    「Because price competition in the industry for press equipment, our group's principal product, is extremely intense, we are working to ensure thorough process control and reduce costs.」

    The company continues to recognize intense price competition in press equipment and the supply of low-priced competing products from China as risks, and responds through process control and cost reductions.
  4. FY2019RestatedAnnual report

    「Price competition in the industry for printed circuit board manufacturing equipment is extremely intense. In addition, while the rise of the Chinese economy is creating new markets, it is also resulting in the emergence of suppliers of low-priced competing products.」

    The company reiterates the risks relating to price competition in printed circuit board manufacturing equipment and low-priced Chinese competitors.
  5. FY2018RestatedAnnual report

    「Price competition in the industry for printed circuit board manufacturing equipment, our group's principal products, is extremely intense. In addition, while the rise of the Chinese economy is creating new markets, it is also resulting in the emergence of suppliers of low-priced competing products.」

    The company reiterates the risks relating to price competition in printed circuit board manufacturing equipment and low-priced Chinese competitors.
  6. FY2017RestatedAnnual report

    「Price competition in the industry for printed circuit board manufacturing equipment, our group's principal products, is extremely intense. In addition, while the rise of the Chinese economy is creating new markets, it is also resulting in the emergence of suppliers of low-priced competing products.」

    The company reiterates the risks relating to price competition in printed circuit board manufacturing equipment and low-priced Chinese competitors.
  7. FY2016First statedAnnual report

    「Price competition in the industry for printed circuit board manufacturing equipment, our group's principal products, is extremely intense. In addition, while the rise of the Chinese economy is creating new markets, it is also resulting in the emergence of suppliers of low-priced competing products.」

    The company describes the possibility that maintaining market share and securing profitability may become difficult.
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Kitagawa Seiki's next results are scheduled for 2026-11-06. Read the earnings preview
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Price Competition in Printed Circuit Board Manufacturing Equipment and Low-Priced Chinese Competitors | KITAGAWA SEIKI CO.,LTD. (6327) | Komori