Intensifying Competition with Control Cable Manufacturers in Emerging Markets
First written in FY2016. 1 of 2 entries say "Worsened", first in FY2019. Latest entry: FY2019.
Hi-Lex moved to the "Worse" side of this theme in 2020, 4 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 5 of 11 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「We are facing major changes and a challenging operating environment, including the decline in demand for control cables resulting from the shift to drive-by-wire systems accelerated by environmental regulations for EVs and other vehicles, rising global raw material prices, intensifying price competition with domestic and overseas competitors, the sluggish Chinese market, and U.S.-China trade issues.」
Intensifying price competition with domestic and overseas competitors was identified, alongside EVs, the sluggish Chinese market and trade issues, as a factor worsening the operating environment. - FY2016First statedAnnual report
「We are facing major changes, including intensifying competition with control cable manufacturers in emerging markets.」
The company recognizes intensifying competition with manufacturers in emerging markets as a change in the operating environment. It has identified market development, stronger development capabilities and global pricing as measures to address this.