Sales decline due to intensifying competition in die-casting products
First written in FY2017. 2 of 4 entries say "Reframed", first in FY2018. Latest entry: FY2026.
Taiho Kogyo moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2026: 42 of 89 companies on the "Worse" side.
3 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Sales of die-cast products amounted to ¥13,620 million, an increase of ¥1,526 million, or 12.6%, year on year, due to higher sales of products supporting vehicle electrification.」
The explanation has changed from declining sales and sluggish growth due to intensified competition to an increase in sales driven by the expansion of products supporting vehicle electrification. - FY2025-H1WorsenedAnnual report
「Regarding performance for the current interim consolidated accounting period, sales amounted to ¥54,687 million, a decrease of ¥871 million, or 1.6%, from the same period of the previous year, due mainly to lower sales of automotive components, including die-cast products.」
Lower sales of automotive components, including die-cast products, are cited as a factor behind the overall decline in sales. The current description does not establish a causal relationship with the previously cited intensified competition. - FY2018ReframedAnnual report
「Although the launch of new products boosted sales of die-cast products, intensified competition limited growth, and consolidated sales amounted to ¥9.6 billion, a slight increase of ¥100 million, or 0.6%, year on year.」
The explanation has changed from the previous year's description of declining sales due to intensified competition to an explanation that sales increased slightly this year as a result of new products, although intensified competition constrained growth. - FY2017MaterialisedAnnual report
「③ Sales of die-cast products amounted to ¥9.5 billion, down 3.4% year on year, due to intensified competition.」
Sales of die-cast products amounted to ¥9.5 billion, down 3.4% year on year amid intensified competition.