Intense Price Competition and Declining Prices
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 38 of 84 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「As a countermeasure, the Group is working to complete initiatives to reduce manufacturing costs that have continued since Phase 1. It is also working to reduce costs across its inventory, quality, production and development functions, while addressing the resulting downward pressure on prices by expanding sales of high-value-added products that utilize digital technologies.」
To address intense price competition, the Group continues to reduce costs in inventory, quality, production and development and expand sales of high-value-added digital products. - FY2019First statedAnnual report
「Price competition in the Group's markets has become extremely intense, and this trend is expected to continue. The Group is addressing the resulting downward pressure on prices by working to reduce manufacturing costs and expand sales of high-value-added products.」
Intense price competition is described as an external risk, with manufacturing cost reductions and expanded sales of high-value-added products identified as countermeasures.