Global Price Competition and Pressure from Competitors’ Price Cuts
First written in FY2021. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group is working to minimize business risks by reducing manufacturing and sales costs and developing new products, among other measures. However, if downward pricing pressure from competitors puts the Group in a position where it has no choice but to lower the selling prices of its products, this could affect the Group's operating results and financial condition.」
The filing continues to discuss the risks of global competition and aggressive price cuts, as well as responses through cost reductions and new product development. - FY2021First statedAnnual report
「The industry in which the Group operates is subject to intense global competition. If downward pricing pressure from competitors puts the Group in a position where it has no choice but to lower the selling prices of its products, this could affect the Group's operating results and financial condition.」
For the first time, the filing separately identifies lower selling prices resulting from global competition and aggressive price cuts by competitors as a key risk.