Weak sales in the Scientific and Measuring Instruments Business due to the stronger yen and intensifying competition
First written in FY2017-Q3. 2 of 4 entries say "Mitigated", first in FY2018. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019MitigatedAnnual report
「Demand centered on electron microscopes remained strong, and orders and sales remained firm. As a result, sales in this business were ¥77,589 million, up 13.3% from the previous fiscal year.」
Although weak sales due to the stronger yen and intensifying competition had been reported in the previous fiscal year, the Scientific and Measuring Instruments Business recorded higher sales. - FY2018MitigatedAnnual report
「Demand centered on electron microscopes remained strong, and sales remained firm. As a result, sales in this business were ¥68,480 million, up 3.0% from the previous fiscal year.」
Although weak sales due to the stronger yen and intensifying competition had been reported in the previous fiscal year, full-year sales in the Scientific and Measuring Instruments Business turned to a 3.0% year-on-year increase. - FY2017RestatedAnnual report
「Consolidated net sales for the fiscal year were ¥99,698 million, down 7.1% from the previous consolidated fiscal year. Factors included lower sales due to the impact of foreign exchange movements caused by the stronger yen, as well as intensifying competition and other factors.」
The impact of foreign exchange movements caused by the stronger yen and intensifying competition continued to be identified as factors behind the decline in full-year sales. - FY2017-Q3First statedAnnual report
「Demand for electron microscopes remained firm, but sales were somewhat sluggish due to the stronger yen and intensifying competition. As a result, sales in this business were ¥42,971 million, down 9.0% year on year.」
The stronger yen and intensifying competition were identified for the first time as factors behind weak sales related to electron microscopes, and were cited in connection with sales of ¥42,971 million, down 9.0% year on year.