Intensifying Competition and Risk of Lost Orders Across All Business Areas
First written in FY2016. 16 of 23 entries say "Restated". Latest entry: FY2026.
Alps Alpine moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 5 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Recently, local competing manufacturers in China and ASEAN have been rapidly strengthening their capabilities, and competition with them is tending to intensify further.」
Regarding the risk of intensifying competition, the report specifically described the emergence of local competitors in China and ASEAN and the further intensification of competition. - 2026-04-30WorsenedRevision of earnings forecasts
「The business environment surrounding our group is becoming increasingly competitive in global markets, and we need to respond to economic fluctuations in order to maintain our competitiveness in the global market.」
Intensifying competition in global markets was explicitly identified as a business-environment challenge. - FY2025WorsenedAnnual report
「In the automotive business in particular, the advancement of SDV (Software Defined Vehicle) technology and ADAS (advanced driver assistance systems) is intensifying development competition among companies across industries and business models, including IT and telecommunications. In conventional products and technologies, cost competition has intensified as markets have matured, and competitors from emerging countries are competing with the Group on the strength of their low costs.」
The risk of intensifying competition became more concrete in both cross-industry development competition involving SDV and ADAS and cost competition from competitors in emerging countries. - FY2024-Q3RestatedAnnual report
「As competition has intensified partly because smartphones have become commoditized, conditions continue to require a flexible response to change beyond conventional measures such as price optimization and cost controls.」
Competition driven by the commoditization of smartphones continued, reconfirming the severity of the competitive environment across all business fields. - FY2024-Q2RestatedAnnual report
「The business environment surrounding the Group remains difficult, despite the boost to sales and various profits from the weaker yen and the recovery trend in global automobile production, due to rising wages, persistently high component and energy prices, and intensifying competition as smartphones become commoditized.」
The difficult business environment, including intensifying competition resulting from the commoditization of smartphones, continued to be described. - FY2024-Q1WorsenedAnnual report
「Meanwhile, difficult conditions continue due to persistently high component prices, intensifying competition as smartphones become commoditized, and declining demand resulting from inventory adjustments for electronic components used in consumer and automotive applications.」
Regarding the risk of intensifying competition, competition driven by the commoditization of smartphones continued to be described as a business environment factor. - FY2023WorsenedAnnual report
「Meanwhile, in conventional products and technologies, cost competition has intensified as markets have matured, and competitors from emerging countries are competing with the Group on the strength of their low costs.」
Regarding the risk of intensifying competition, the report specifically described not only competition in the CASE, IT and telecommunications fields, but also cost competition in mature markets and the low-cost offensive by competitors from emerging countries. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Group reconfirmed that there had been no new developments or material changes in existing business and other risks, including intensifying competition and lost orders. - FY2022RestatedAnnual report
「The Group faces intense competition from other companies in all business fields, including component products for digital devices such as camera actuators for smartphones in its electronic components business, various sensors and device products supporting CASE, and infotainment equipment in its in-vehicle information equipment business.」
The Group continued to disclose the risk of intensifying competition, expanding it to specific product areas such as camera actuators, CASE-related sensors and devices, and infotainment. - FY2021-Q3RestatedAnnual report
「As CASE and ADAS (advanced driver assistance systems) advance, development competition among companies across industries and business models, including IT and telecommunications, is intensifying」
The report continued to describe intensifying development competition across industries and business models as CASE, ADAS, and the IT and telecommunications fields advanced. - FY2021-Q1RestatedAnnual report
「In addition, the environment surrounding the automotive industry has changed substantially with the advancement of CASE and ADAS (advanced driver assistance systems), intensifying development competition among companies across industries and business models, including IT and telecommunications, to support next-generation vehicles.」
The report continued to describe intensifying cross-industry development competition as CASE and ADAS advanced and companies from the IT and telecommunications fields entered the market. - FY2020-Q3RestatedAnnual report
「In addition, the business environment surrounding the automotive industry has changed substantially with the advancement of CASE and ADAS (advanced driver assistance systems), intensifying development competition among companies across industries and business models, including IT and telecommunications, to utilize next-generation 5G mobile communications for connected cars and autonomous driving.」
The report continued to describe intensifying development competition across industries and business models as CASE, ADAS, 5G, and the IT and telecommunications fields advanced. - FY2020-Q2RestatedAnnual report
「In addition, the business environment has changed substantially with the advancement of CASE and ADAS (advanced driver assistance systems), intensifying development competition among companies across industries and business models, including IT and telecommunications.」
The report continued to describe intensifying competition across industries and business models as CASE, ADAS, and the IT and telecommunications fields advanced. - FY2020-Q1RestatedAnnual report
「In addition, the business environment has changed substantially with the advancement of CASE and ADAS (advanced driver assistance systems), intensifying development competition among companies across industries and business models, including IT and telecommunications.」
The report continued to describe intensifying competition among companies across industries and business models, driven by advances in CASE, ADAS, and the IT and telecommunications fields. - FY2019-Q3RestatedAnnual report
「As vehicle electrification accelerates, collaboration in the automotive electronics industry is expanding between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and AI (artificial intelligence), intensifying competition among companies across industries and business models.」
The report continued to describe intensifying competition as vehicle electrification, CASE, autonomous driving, AI and other new fields expanded. - FY2019-Q2RestatedAnnual report
「As vehicle electrification accelerates, collaboration in the automotive electronics industry is expanding between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and AI (artificial intelligence), intensifying competition among companies across industries and business models.」
The report continued to describe intensifying competition across industries and business models as CASE-related fields expanded. - FY2019-Q1RestatedAnnual report
「As vehicle electrification accelerates, collaboration in the automotive electronics industry is expanding between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and AI (artificial intelligence), intensifying competition among companies across industries and business models.」
The report continued to describe intensifying competition across industries and business models as vehicle electrification and CASE-related fields expanded. - FY2018-Q3RestatedAnnual report
「As vehicle electrification accelerates, collaboration in the automotive electronics industry is expanding between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and AI (artificial intelligence), intensifying competition among companies across industries and business models.」
The report continued to describe intensifying competition across industries and business models against a backdrop of vehicle electrification, autonomous driving and AI. - FY2018-Q2RestatedAnnual report
「As vehicle electrification accelerates, collaboration in the automotive electronics industry is expanding between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and AI (artificial intelligence), intensifying competition among companies across industries and business models.」
The report continued to describe intensifying competition across industries and business models against a backdrop of vehicle electrification, autonomous driving and AI. - FY2018-Q1RestatedAnnual report
「As vehicle electrification accelerated, collaboration expanded in the automotive electronics industry between the in-vehicle information field centered on infotainment systems and new fields such as autonomous driving and artificial intelligence (AI), intensifying competition across industries and business models.」
The report continued to describe intensifying competition across industries and business models against a backdrop of vehicle electrification, autonomous driving and AI. - FY2017RestatedAnnual report
「The Group faces intense competition from other companies in all business fields, including its electronic components business.」
The risk of performance being affected by intensifying competition and lost orders across all business fields was described as before. - FY2017-Q3WorsenedAnnual report
「In the automotive electronics industry, collaboration expanded between the in-vehicle information field centered on infotainment systems and new fields such as vehicle electrification, autonomous driving and AI, intensifying competition across industries and business models.」
The report described intensifying competition across industries and business models as collaboration expanded between the in-vehicle information field and new fields such as autonomous driving and AI. - FY2016First statedAnnual report
「The Group faces intense competition from other companies in all business fields, including its electronic components business. Competition in the market is expected to intensify further. Accordingly, unforeseen events such as lost orders could affect the Group's business performance and financial position.」
The Group disclosed intensifying competition and lost orders as risks, while stating that it would respond with new products, high quality and its global network.