Intensifying Competition, Downward Price Pressure and Market Share Decline
First written in FY2016. 8 of 14 entries say "Materialised", first in FY2017-Q1. Latest entry: 2026-05-13.
Mimaki Engineering moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「In the TA market, sales of hybrid printers supporting both direct sublimation by flagship models and printing on sublimation transfer paper remained firm. Sales of direct-to-fabric inkjet printers capable of on-demand textile printing were also strong in Japan and Europe. However, sales of DTF models declined because of intensifying competition, resulting in a substantial decrease in revenue from the printers themselves.」
Competitive risk materialized in the results as sales of DTF models in the TA market declined because of intensifying competition, resulting in a substantial decrease in revenue from the printers themselves. - FY2025RestatedAnnual report
「Market entry by major companies and companies from emerging countries is increasing in existing markets. The Group recognizes that its products currently have technological and quality advantages, but if intensifying competition exposes them to downward price pressure or causes market share to decline,」
The company has reconfirmed the risks of increasing market entry by major companies and companies from emerging countries, downward price pressure and market-share losses, along with its response through new products and locally focused sales. - FY2021RestatedAnnual report
「Industrial inkjet printers, the core products of the Group, are seeing increasing market entry by major companies and companies from emerging countries in existing markets.」
The company continues to identify increasing market entry by major companies and companies from emerging countries, downward price pressure and market-share losses as competitive risks. - FY2020-Q3RestatedAnnual report
「① Intensifying competition among products for the SG and IP markets」
The company continues to identify intensifying competition among products for the SG and IP markets as a key issue contributing to the decline in profit for the cumulative third quarter. - FY2020-Q2WorsenedAnnual report
「The company recognizes the following four main factors behind the decline in profit during the cumulative consolidated second quarter: ① Intensifying competition in the SG and IP markets」
Competition intensified not only in the SG market but also in the IP market, and was explicitly identified as a primary factor behind the decline in profit. Sales to the SG market decreased 5.9% year on year, while sales to the IP market decreased 10.7%. - FY2020-Q1MaterialisedAnnual report
「Revenue from products for the SG market was ¥5,232 million, down 11.9% year on year. Although the UCJV Series, equipped with environmentally friendly UV-curable ink, remained firm, revenue from the JV Series, one of the Company's main products and equipped with solvent-based ink, declined, resulting in lower revenue year on year.」
While the UCJV series remained firm in the SG market, sales of the JV series declined, resulting in an 11.9% year-on-year decrease in sales to the market. The company also explicitly identified intensifying competition as one factor behind the decline in profit. - FY2018-Q3MaterialisedAnnual report
「For the main entry-level products, revenue from the products themselves declined because of intensifying competition, while revenue from consumables such as ink and media was substantially higher than in the same period of the previous year. As a result, revenue was ¥16,175 million, up 4.7% year on year.」
Although revenue from the products themselves in the SG-market entry-level segment continued to decline because of intensified competition, consumables revenue offset the decline, resulting in a 4.7% year-on-year increase in SG-market revenue. - FY2018-Q2MaterialisedAnnual report
「For the main entry-level products, revenue from the products themselves declined as competition continued to intensify, while revenue from consumables such as ink and media was substantially higher than in the same period of the previous year. As a result, revenue was ¥10,562 million, up 3.7% year on year.」
Although revenue from the products themselves in the SG-market entry-level segment continued to decline because of intensified competition, consumables revenue offset the decline, resulting in a 3.7% year-on-year increase in SG-market revenue. - FY2018-Q1MaterialisedAnnual report
「For the main entry-level products for the SG market, revenue from the products themselves declined as competition continued to intensify, while ink revenue increased substantially. As a result, revenue was ¥5,150 million, down 1.9% year on year.」
Revenue from the products themselves in the SG-market entry-level segment declined because of intensified competition, resulting in a 1.9% year-on-year decline in revenue for the SG market. - FY2017-Q3MaterialisedAnnual report
「For the main entry-level products, yen-denominated revenue declined substantially because of intensified competition and the yen's appreciation. Meanwhile, sales volumes of LED-UV-curable inkjet printers launched in April 2016 increased, mainly in developed countries. As a result, revenue was ¥15,451 million, down 12.5% year on year.」
Intensified competition and yen appreciation reduced yen-denominated revenue from entry-level products for the SG market, resulting in a 12.5% year-on-year decline in SG-market revenue. - FY2017-Q1MaterialisedAnnual report
「For the main entry-level products, intensified competition caused a decline in selling prices and sales volume, while the yen's appreciation led to a substantial decline in yen-denominated revenue.」
The Company stated that the decline in selling prices and sales volume caused by intensified competition had actually appeared in performance for the SG market. - FY2016First statedAnnual report
「Competition among domestic and overseas manufacturers of commercial inkjet printers is intensifying, and new competitors may emerge as the market expands in the future.」
The Company identified intensifying competition, new market entrants, downward pressure on prices and declining market share as risks.