Intensifying global competition, mainly from overseas competitors
First written in FY2018. 2 of 5 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2025-H1.
Hamamatsu Photonics K.K. moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2017: 4 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2025-H1MaterialisedAnnual report
「Sales of silicon photodiodes for X-ray CT applications and flat-panel sensors for dental diagnostic equipment declined, partly because of price competition in the Chinese market and higher interest rates in Europe and the United States.」
The risk of intensifying competition, particularly overseas, is described as a decline in medical product sales due to price competition in the Chinese market, with the business impact continuing. - FY2024-Q2MaterialisedAnnual report
「Sales of flat-panel sensors for dental applications also declined, having been affected by price competition resulting from the emergence of competing manufacturers overseas.」
The company states that price competition arising from the emergence of overseas competitors has had a tangible business impact, reflected in lower sales of flat-panel sensors for dental applications. - FY2022RestatedAnnual report
「To address this risk, we are working to expand new markets, market share and profitability through the ongoing launch of new products and expansion of production capacity.」
Recognition of the risk of global price and development competition, together with the response of launching new products and expanding production capacity, has been reiterated. - FY2021MitigatedAnnual report
「To address this risk, we are working to expand new markets, market share and profitability through the ongoing launch of new products and expansion of production capacity.」
While continuing to recognize the risk of intensified price and development competition, the company explicitly identifies launching new products and expanding production capacity as countermeasures. - FY2018First statedAnnual report
「Global competition in optical technologies is becoming increasingly intense each year, particularly overseas.」
The company newly identifies intensified price and development competition with competitors as a key risk, noting that a significant decline in the profitability of the electron tube and optoelectronics businesses could affect performance.