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Nippon Avionics (6946) · RiskRestated

Intensifying Price Competition for Commercial Products

First written in FY2016. 6 of 9 entries say "Restated". Latest entry: FY2024.

9entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2018MaterialisedFY2019-Q2RestatedFY2020 – FY20242016: 120162017: 220172018: 220182019: 020192020: 120202021: 020212022: 120222023: 120232024: 12024
Same theme, other companies
Declining selling prices and lower profits due to intensifying competition with other companiesA theme 226 companies write about · 227 as a headwind · 0 as a tailwind

Nippon Avionics moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).

The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.

106 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 199 companies compared. The sentences above are computed from all 199.Comparing 200 of the theme's 227 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024RestatedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and electronic equipment products in particular are exposed to intense price competition.」

    The response of reducing costs and launching new high-value-added products to address the risk of price competition for electronic equipment products continued to be disclosed.
  2. FY2023RestatedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and electronic equipment products in particular are exposed to intense price competition.」

    The response of reducing costs and launching new high-value-added products to address the risk of price competition for electronic equipment products continued to be disclosed.
  3. FY2022RestatedAnnual report

    「Our corporate group is working to maintain and improve its competitiveness by pursuing cost reductions and continuously launching new high-value-added products. However, if price competition intensifies further or continues for an extended period, this could affect the operating results and financial condition of our corporate group.」

    The response of reducing costs and launching new high-value-added products to address the risk of price competition for electronic equipment products continued to be disclosed.
  4. FY2020RestatedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and electronic equipment products in particular are exposed to intense price competition.」

    The response of reducing costs and launching new high-value-added products to address intensifying price competition for electronic equipment products continued to be disclosed.
  5. FY2019-Q2MaterialisedAnnual report

    「In electronic equipment, overseas sales of infrared equipment declined due to intensifying price competition, while domestic sales increased as systems for the steel and electric power industries remained firm. Sales of joining equipment increased in Japan, mainly reflecting the firm automotive parts market, but overseas capital investment remained sluggish due to the slowdown in the smartphone market, and sales to the information equipment market declined significantly. Segment profit and loss deteriorated as a result of lower sales despite efforts to reduce various expenses. Sales in this division for the period were ¥2,905 million, down 16.8% year on year.」

    Intensifying price competition for commercial products was reflected in lower overseas sales of infrared equipment. Sales for the electronic equipment segment as a whole were ¥2,905 million, down 16.8% year on year.
  6. FY2018RestatedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and commercial products in particular are exposed to intense price competition. Our corporate group is working to maintain and improve its competitiveness by pursuing cost reductions and continuously launching new high-value-added products.」

    The response of reducing costs and launching new high-value-added products to address intensifying price competition for commercial products continued to be disclosed.
  7. FY2017RestatedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and commercial products in particular are exposed to intense price competition.」

    The disclosure continued to describe intensifying price competition for commercial products and the response of reducing costs and launching new high-value-added products.
  8. FY2017-Q3MaterialisedAnnual report

    「Sales of established products declined amid intensifying competition」

    It was explained that established commercial products declined amid intensifying competition, with the risk of price competition materialising as sluggish product sales.
  9. FY2016First statedAnnual report

    「Competition is intensifying in the electronics industry in which our corporate group operates, and commercial products in particular are exposed to intense price competition.」

    Cost reductions and the launch of new high-value-added products were presented as countermeasures.
Moved together

"Improving profitability, early elimination of accumulated losses and resumption of dividend payments" moved the same way as this thread, in the same document, in 2 of its 9 moves.

2222★1234
  1. ★This thread
  2. 1Improving profitability, early elimination of accumulated losses and resumption of dividend payments2×
  3. 2Dependence on Government Agency Demand and Defense Plans2×
  4. 3Improvement in Operating Profit and Net Income Despite Declining Revenue2×
  5. 4Sluggish infrared equipment market and declining demand for infection-control equipment2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nippon Avionics's next results are scheduled for 2026-10-30. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Intensifying Price Competition for Commercial Products | Nippon Avionics Co.,Ltd. (6946) | Komori