Risk of earnings deterioration due to intensifying competition
First written in FY2018. 5 of 7 entries say "Restated". Latest entry: FY2026.
Nfk Holdings moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 16 of 50 companies on the "Worse" side.
8 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In addition, the Group's electronics business operates in an environment of rapid technological innovation and significant changes in customer needs. If the Group is slow to respond to these changes, its competitiveness may decline and its business performance may deteriorate.」
The risk of competition in the traditional industrial furnace business has been supplemented by the risk of delays in responding to technological innovation and customer needs in the electronics business. - FY2024RestatedAnnual report
「The Group’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The competitive risk posed by competitors' technological development and low-cost supply continues to be disclosed. - FY2022RestatedAnnual report
「The Group’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The competitive risk arising from competitors’ technological development and low-cost supply is reiterated in the same form. - FY2021RestatedAnnual report
「The Group’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The competitive risk arising from competitors’ technological development and low-cost supply is reiterated. - FY2020RestatedAnnual report
「The Group’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The risk of earnings deterioration due to intensifying competition is reiterated. - FY2019RestatedAnnual report
「The Company’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The competitive risk arising from competitors’ technological development and low-cost supply is reiterated. - FY2018First statedAnnual report
「The Company’s performance may be adversely affected if competitors develop advanced technologies or supply lower-cost products.」
The company explicitly states the competitive risk arising from competitors’ technological development and low-cost supply.