Risks of Product Price Volatility and Industry Overcapacity
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「The Group operates in countries around the world, including Japan, North America, Europe and Asia. Prolonged economic stagnation in these markets, changes in consumer values, higher fuel prices, financial crises and higher product prices resulting from rising raw material costs could reduce consumers’ willingness to purchase, leading to lower demand for the Group’s products and adversely affecting its performance.」
In the risk disclosures in this filing, the industry’s previously explicit excess production capacity and pressure on prices are not restated as a standalone item. - FY2018RestatedAnnual report
「The industry is experiencing excess production capacity, and if economic conditions in the major markets where the Group operates deteriorate further, the situation is likely to worsen, potentially leading to further pressure on product prices.」
Excess production capacity and economic deterioration continue to be identified as risks that could put pressure on prices. - FY2017RestatedAnnual report
「The industry is experiencing excess production capacity, and if economic conditions in the major markets where the Group operates deteriorate further, the situation is likely to worsen, potentially leading to further pressure on product prices.」
The disclosure continues to describe pressure on prices from excess production capacity and economic deterioration. - FY2016First statedAnnual report
「The industry is experiencing excess production capacity, and if economic conditions in the major markets where the Group operates deteriorate further, the situation is likely to worsen, potentially leading to further pressure on product prices.」
The disclosure indicates how excess production capacity and economic deterioration could increase pressure on prices.