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Hks (7219) · RiskRestated

Intensifying competition in the aftermarket market

First written in FY2016. 25 of 27 entries say "Restated". Latest entry: FY2024-Q1.

27entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q2RestatedFY2021-Q1 – FY2024-Q12016: 12017: 320172018: 420182019: 420192020: 320202021: 420212022: 420222023: 320232024: 1
Same theme, other companies
Price declines driven by intensifying competition in the automotive and vending machine marketsA theme 24 companies write about · 24 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 8 of 10 companies on the "Worse" side.

6 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 24 companies compared. The sentences above are computed from all 24.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  2. FY2023-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  3. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  4. FY2023-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  5. FY2022RestatedAnnual report

    「Our group operates against the backdrop of strong brand equity as a comprehensive aftermarket parts manufacturer, but competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    The risk of intensifying competition due to the entry of competitors and automobile manufacturers into the market continued to be disclosed.
  6. FY2022-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  7. FY2022-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed business and other risks, including intensifying competition in the aftermarket parts market.
  8. FY2022-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  9. FY2021RestatedAnnual report

    「Our group operates against the backdrop of strong brand equity as a comprehensive aftermarket parts manufacturer, but competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    The risk of intensifying competition in the aftermarket parts market due to the entry of competitors and automobile manufacturers continued to be disclosed.
  10. FY2021-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  11. FY2021-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  12. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the risks disclosed in the previous fiscal year, including intensifying competition in the aftermarket parts market.
  13. FY2020WorsenedAnnual report

    「We seek to maintain and enhance brand equity by accurately identifying customer needs and providing attractive products in a timely manner, but failure to do so could result in a decline in sales and market share. If price competition intensifies rapidly, it could also lead to lower profit margins.」

    In addition to the existing risk of declining sales and market share due to intensifying competition, the risk of lower profit margins due to rapidly intensifying price competition was explicitly stated.
  14. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  15. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  16. FY2019RestatedAnnual report

    「Our group operates against the backdrop of strong brand equity as a comprehensive aftermarket parts manufacturer, but competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    The risk of intensifying competition due to the entry of competitors and automobile manufacturers into the market continued to be disclosed.
  17. FY2019-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the risks disclosed in the previous fiscal year, including intensifying competition in the aftermarket parts market.
  18. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the risks disclosed in the previous fiscal year, including intensifying competition in the aftermarket parts market.
  19. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was summarized that there had been no material changes to the risks disclosed in the previous fiscal year, including intensifying competition in the aftermarket parts market.
  20. FY2018RestatedAnnual report

    「Competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    The risk of intensifying competition in the aftermarket parts market due to competitors and the entry of automobile manufacturers was reiterated.
  21. FY2018-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  22. FY2018-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  23. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  24. FY2017RestatedAnnual report

    「Our group operates against the backdrop of strong brand equity as a comprehensive aftermarket parts manufacturer, but competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    The risk of intensifying competition in the aftermarket parts market was reiterated, with maintaining and enhancing brand equity and providing attractive products in a timely manner identified as responses.
  25. FY2017-Q3RestatedAnnual report

    「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed business and other risks, including intensifying competition in the aftermarket parts market.
  26. FY2017-Q2RestatedAnnual report

    「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    It was stated that there had been no material changes to the previously disclosed risks, including intensifying competition in the aftermarket parts market.
  27. FY2016First statedAnnual report

    「Competitors exist in each product segment, exposing us to intense competition. In recent years, automobile manufacturers have also adopted an increasingly active approach to the aftermarket parts market, and competition may intensify further.」

    In addition to competition from competitors, the entry of automobile manufacturers into the aftermarket parts market was identified as a factor that could intensify competition.
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Hks's next results are scheduled for 2026-10-13. Read the earnings preview
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Intensifying competition in the aftermarket market | HKS CO.,LTD. (7219) | Komori