Intensifying Tendering and Price Competition among Electric Utilities
First written in FY2016. 6 of 10 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2022-Q2.
Osaki Electric moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
13 other companies' latest entry also says "Materialised".
- FY2022-Q2MaterialisedAnnual report
「In terms of earnings, in addition to the aforementioned revenue decline, intensifying price competition for smart meters and rising raw-material costs, among other factors, reduced the profit margin. Operating profit was ¥366 million, down 61.3% year on year.」
Intensifying price competition for smart meters, together with higher raw-material costs, lowered the profit margin and materialized as a 61.3% year-on-year decline in operating profit in the domestic measurement and control business. - FY2022-Q1MaterialisedAnnual report
「In terms of earnings, in addition to the aforementioned revenue decline, intensifying price competition for smart meters and rising raw-material costs reduced the profit margin. Operating profit was ¥337 million, down 39.5% year on year.」
Intensifying price competition for smart meters, together with higher raw-material costs, lowered the profit margin and materialized as a 39.5% year-on-year decline in operating profit in the domestic measurement and control business. - FY2020MaterialisedAnnual report
「The cost ratio increased due to declining domestic demand and lower smart-meter prices, as well as impairment losses on components rendered unnecessary by specification changes for smart meters supplied to the UK market.」
Continuing declines in smart-meter prices affected results, while declining domestic demand and impairment losses on components resulting from overseas specification changes also drove the increase in the cost ratio. - FY2020-Q3MaterialisedAnnual report
「Revenue declined due to the peak in replacement demand for our core smart-meter products having passed, as well as the impact of lower prices.」
Lower smart-meter prices continue to materialize as a factor behind the decline in domestic business revenue, along with the peak in replacement demand having passed. - FY2020-Q2MaterialisedAnnual report
「Revenue declined due to the peak in replacement demand for smart meters, our Group's core product, having passed, as well as the impact of lower prices.」
The risk of lower smart-meter prices continues to materialize as a factor behind the decline in revenue from the domestic measurement and control equipment business. - FY2020-Q1MaterialisedAnnual report
「Revenue declined due to the peak in replacement demand for smart meters, our Group's core product, having passed, as well as the impact of lower prices.」
The risks of smart-meter price competition and price declines have materialized as factors behind the decline in domestic business revenue. - FY2019RestatedAnnual report
「Smart meters, our Group's core product, compete with leading companies in Japan and overseas, making price an important competitive factor.」
The Company discloses price competition with leading domestic and overseas companies in the smart-meter market as an ongoing risk. - FY2018RestatedAnnual report
「The business environment remains challenging, with competition among manufacturers intensifying as major domestic electric utilities, our key customers, introduce competitive bidding, resulting in significant declines in product selling prices.」
Electric utilities' introduction of competitive bidding, competition among manufacturers, and declining selling prices are identified as ongoing business-environment risks. - FY2017RestatedAnnual report
「The operating environment remains challenging, as the introduction of general competitive bidding by electric power companies has intensified competition among manufacturers and caused product selling prices to fall significantly.」
For products supplied to electric power companies, the company identifies the introduction of bidding, intensifying competition and declining selling prices as ongoing risks. - FY2016First statedAnnual report
「The operating environment remains challenging, as the introduction of general competitive bidding by electric power companies has intensified competition among manufacturers and caused product selling prices to fall significantly.」
For its main products for electric power companies, the company identifies the introduction of bidding and the resulting intensification of competition and decline in selling prices as key risks.