Price competition from Chinese and other latecomer manufacturers
First written in FY2016. 3 of 7 entries say "Materialised", first in FY2016. Latest entry: FY2026-H1.
Icom moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
The whole theme swung hardest in 2024: 5 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「In land-based business radio communications equipment, sales of IP radios, in addition to low-power radios, which constitute the volume segment, have struggled due to aggressive market pricing.」
Aggressive market pricing has been reflected in actual results as weak sales of low-power radios and IP radios. The filing specifically describes sales pressure arising from price competition. - FY2025-H1MaterialisedAnnual report
「Sales of low-power radios, which constitute the volume segment of land-based business radio communications equipment, were sluggish due to aggressive market pricing.」
Aggressive market pricing translated into sluggish sales of low-power radios. Although manufacturers from China and elsewhere are not explicitly identified, competitive pressure related to the previously noted issue of price competition has again been reflected in actual results. - FY2021DroppedAnnual reportThe risks described in this filing under Business and Other Risks do not explicitly identify price competition from latecomer manufacturers, including those in China.
- FY2020RestatedAnnual report
「The entry of latecomer manufacturers from China and elsewhere has intensified price competition for some products.」
The severity of price competition for some products from latecomer manufacturers, including those in China, continues to be identified as part of the operating environment. - FY2019RestatedAnnual report
「The entry of latecomer manufacturers from China and elsewhere has intensified price competition for some products.」
The severity of price competition for some products from latecomer manufacturers, including those in China, continues to be identified as part of the operating environment. - FY2017RestatedAnnual report
「The entry of latecomer manufacturers from China and elsewhere has intensified price competition for some products.」
The severity of price competition for some products from latecomer manufacturers, including those in China, continues to be identified as a challenge. - FY2016MaterialisedAnnual report
「The entry of latecomer manufacturers from China and elsewhere has intensified price competition for some products.」
The current competitive environment, in which price competition has intensified for some products, is identified as a challenge to earnings stability.