Mature Domestic Market and Intensifying Product Development Competition
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 28 of 57 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The business environment surrounding the Group is changing rapidly due to population decline, changes in working styles, the promotion of DX in products, services and production equipment, and the transition to a decarbonised society.」
The company continues to frame delays in responding to changes in the business environment, including population decline, changes in working styles, DX and decarbonisation, as risks to competitiveness, orders and profitability. - FY2023ReframedAnnual report
「The business environment surrounding the Company is changing rapidly due to declining railway passenger numbers resulting from population decline and the spread of new behavioural patterns such as teleworking, transformation in the automotive industry driven by CASE (*), the promotion of DX in products, services and production equipment, and the transition to a decarbonised society.」
The previous risks relating to a mature domestic market and competition in product development have been reframed as the risk of responding to rapid changes across the business environment, including population decline, teleworking, CASE, DX and decarbonisation. - FY2019RestatedAnnual report
「The domestic market for the Transportation Business is mature and competition is intensifying. Competition in product development is intensifying in the Industrial Business. The businesses could be affected by this intensifying competition.」
The company reiterates the risks posed by the maturity of the domestic transportation market and intensifying competition in both the Transportation and Industrial Businesses. - FY2018RestatedAnnual report
「The domestic market for the Transportation Business is mature and competition is intensifying. Competition in product development is intensifying in the Industrial Business. The businesses could be affected by this intensifying competition.」
The company reiterates the risks posed by the maturity of the domestic transportation market and intensifying competition in both the Transportation and Industrial Businesses. - FY2016First statedAnnual report
「The domestic market for the Transportation Business is mature and competition is intensifying. Competition in product development is intensifying in the Industrial Business. The businesses could be affected by this intensifying competition.」
The company identifies the maturity of the domestic market for the Transportation Business and competition in product development in the Industrial Business as risks.