Demand to Lower Selling Prices and the Rise of Asian Competitors
First written in FY2016. 16 of 22 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2025: 5 of 11 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices, intensifying competition, and rising material and purchased-item prices. - FY2023-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices, intensifying competition, and rising material and purchased-item prices. - FY2022-Q3WorsenedAnnual report
「During the nine-month period of the current third quarter, the outlook for the global economy remained uncertain as countries introduced economic measures and measures to prevent the spread of infection amid rising raw-material prices and supply-chain disruptions caused by the global spread of new COVID-19 variants and increased geopolitical risks, as well as prolonged shortages of components such as semiconductors.」
In connection with the previously disclosed risk of rising material and purchased-item prices, higher raw-material prices resulting from increased geopolitical risks and other factors were described as an impact on the business environment. - FY2021MitigatedAnnual report
「Our group seeks to maintain its competitiveness by sharing technology and product roadmaps with customers and launching products incorporating cutting-edge technologies in a timely manner.」
In response to global competition in performance and pricing, sharing technology and product roadmaps with customers and launching cutting-edge products in a timely manner were explicitly stated as measures. - FY2021-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices, intensifying competition, and rising material and purchased-item prices. - FY2021-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices, intensifying competition, and rising material and purchased-item prices. - FY2021-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices, intensifying competition, and rising material and purchased-item prices. - FY2020ReframedAnnual report
「Our group operates globally and provides products to customers in countries and regions around the world. Competing equipment manufacturers also operate globally, and the competitive environment includes new market entrants. In this environment, competition is intensifying not only in product performance but also in pricing, which could adversely affect our group's operating results and financial position.」
The risk disclosure was restructured from specific references to the rise of manufacturers in South Korea, Taiwan and China and requests for lower prices to the global competitive environment, new market entrants, and competition in performance and pricing. - FY2020-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2019DroppedAnnual reportIn the business and other risks for the current fiscal year, no section was identified that described requests for lower selling prices and the rise of Asian competitors as separate risks.
- FY2019-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2019-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2019-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2018RestatedAnnual report
「In addition to the continuing strong requests from the relevant customer to lower selling prices, increased competition resulting from the emergence of new competing manufacturers in South Korea, Taiwan and China, as well as higher costs caused by rising material and purchased-item prices, could adversely affect our group's operating results and financial position.」
The risks of requests for lower selling prices, the rise of Asian competitors and higher costs resulting from rising material and purchased-item prices continued. - FY2018-Q3RestatedAnnual report
「During the cumulative consolidated period for the third quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. No quantification or occurrence of the risks was indicated. - FY2018-Q2RestatedAnnual report
「During the cumulative consolidated period for the second quarter, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2018-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative period, no new business or other risks arose. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It was stated that there had been no material changes in the risks related to requests for lower selling prices and the rise of Asian competitors. - FY2017RestatedAnnual report
「Although orders and sales were recorded mainly for sputtering targets for liquid-crystal displays, both were below the year-earlier period, affected by intensifying price competition.」
The explanation that intensifying price competition led to orders and sales in the materials business falling below the year-earlier period continued to be provided in the full-year results. - FY2017-Q3RestatedAnnual report
「Although orders and sales were recorded mainly for sputtering targets for liquid-crystal displays, both were below the year-earlier period, affected by intensifying price competition.」
It was stated that intensifying price competition continued to affect order intake and net sales of materials, which fell below the year-earlier period. - FY2017-Q2RestatedAnnual report
「Although orders and sales were recorded mainly for sputtering targets for liquid-crystal displays, both were below the year-earlier period, affected by intensifying price competition.」
It was stated that intensifying price competition continued to affect orders and sales of materials, which fell below the year-earlier period. - FY2017-Q1MaterialisedAnnual report
「Although orders and sales were recorded mainly for sputtering targets for liquid-crystal displays, both were below the year-earlier period, affected by intensifying price competition.」
Intensifying price competition was reflected in actual results as orders and sales in the vacuum application business fell below the year-earlier period. - FY2016First statedAnnual report
「In addition to the continuing strong requests from the relevant customer to lower selling prices, increased competition resulting from the emergence of new competing manufacturers in South Korea, Taiwan and China, as well as higher costs caused by rising material and purchased-item prices, could adversely affect our group's operating results and financial position.」
Pricing pressure, intensifying competition and rising material costs were disclosed as a combination of risks.