Price Competition in the Automotive Parts Industry
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 8 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In the automotive parts industry in which the group operates, selling prices tend to decline because companies are continually pursuing cost reductions, intensifying price competition with other industry participants.」
The company continues to identify declining selling prices and price competition with other industry participants as risks, and states that it will respond through improvements in technology and quality and cost reductions. - FY2020RestatedAnnual report
「In the automotive parts industry in which the group operates, selling prices tend to decline because companies are continually pursuing cost reductions, intensifying price competition with other industry participants.」
The company continues to identify declining selling prices and price competition with other industry participants as risks, and states that it will respond through improvements in technology and quality and cost reductions. - FY2018RestatedAnnual report
「In the automotive parts industry in which the group operates, selling prices tend to decline because companies are continually pursuing cost reductions, intensifying price competition with other industry participants.」
The company continues to identify customer demands for cost reductions and price competition with other industry participants as risks, and states that it will respond through improvements in technology and quality and cost reductions. - FY2017RestatedAnnual report
「Although the group supplies products with superior technology and quality and actively pursues cost reduction initiatives, if it cannot respond adequately on price, it may be unable to meet customer demands and maintain profitability, which could affect the group's operating results and other aspects of its performance.」
The company reiterates the risks of declining prices and price competition in the automotive parts industry, and its response through improvements in technology and quality and cost reductions. - FY2016First statedAnnual report
「In the automotive parts industry, selling prices tend to decline because companies are continually pursuing cost reductions, intensifying price competition with other industry participants.」
The company indicates that continued customer demands for cost reductions and price competition with other industry participants could prevent it from maintaining profitability.