Intensifying Price Competition Amid the Rise of Chinese and Taiwanese Manufacturers
First written in FY2016. 3 of 7 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2024: 5 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Supply shortages are expected in fiscal 2026 due to a sharp increase in demand, and price declines resulting from price competition are not expected to occur.」
While continuing its countermeasures against the risk of price competition, the Group expects supply shortages in fiscal 2026 due to a sharp increase in demand and indicated that price declines are not expected to occur. - 2026-05-14WorsenedRevision of earnings forecasts
「The mass-market products market, where price competition is intense」
In contrast to the previous statement that excessive price competition was not expected, the new wording states that price competition is intense in the mass-market products market. - FY2025MitigatedAnnual report
「The order environment is expected to improve in fiscal 2025, and excessive price competition is not expected to occur.」
While continuing to disclose the risk of price competition with domestic and overseas competitors and the related countermeasures, the Group indicated that excessive price competition is not expected in fiscal 2025 due to an improvement in the order environment. - FY2023MitigatedAnnual report
「Our Group is working to strengthen its competitiveness by leveraging its strength in an integrated production system spanning material development through product sales, promoting cost reductions through greater production-system efficiency and other measures, and developing high-value-added, highly profitable products and expanding sales in priority markets.」
While continuing to recognize the risk of price competition, the Group specifically identifies its integrated production system, production-system efficiency improvements, high-value-added products, and expanded sales in priority markets as countermeasures. - FY2021WorsenedAnnual report
「Our Group, with its high ratio of overseas sales, is constantly exposed to international competition, and intensifying price competition could not only put downward pressure on earnings but also lead to a decline in global market share.」
The scope of the risk has been expanded from the previous explanation concerning the growing presence of Chinese and Taiwanese manufacturers to include international price competition with domestic and overseas competitors, lower earnings, and the possibility of a decline in global market share. - FY2018RestatedAnnual report
「Among the electronic components manufactured and sold by our Group, price competition for our main product, aluminum electrolytic capacitors, has intensified due to the growing presence of manufacturers in China and Taiwan, among other factors.」
The intensifying price competition for aluminum electrolytic capacitors due to the growing presence of Chinese and Taiwanese manufacturers continues to be identified as a risk. - FY2016First statedAnnual report
「Price competition in the Group's flagship aluminum electrolytic capacitor products has intensified due in part to the growing presence of manufacturers in China and Taiwan.」
Measures to address price competition include cost reduction, development of higher-value-added products, and reorganization of overseas production operations.