Intensifying Competition in the Steel Pipe Market
First written in FY2018. 21 of 25 entries say "Restated". Latest entry: 2026-08-07.
Araya Industrial moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2024: 7 of 13 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- 2026-08-07RestatedEarnings
「Steel exports from China remained at high levels, continuing to affect international supply and demand. In addition, measures were taken to secure a fair competitive environment, including the imposition of anti-dumping duties on certain steel products from China and Taiwan and the initiation of investigations.」
The Company reconfirmed the impact of high levels of steel exports from China on international supply and demand and measures addressing the competitive environment surrounding imported steel. - FY2026WorsenedAnnual report
「For stainless steel products, a certain level of demand remained, particularly in food and medical applications, albeit at a low level, and the shipbuilding sector remained firm. However, intensified price competition due to inflows of overseas steel and a delayed recovery in semiconductor-related demand resulted in limited growth in both volume and value.」
Intensifying price competition due to the influx of overseas materials has appeared as sluggish growth in both volume and value, indicating a challenging competitive environment in the steel pipe market. - FY2026-H1WorsenedAnnual report
「As a result, competition for orders intensified further. Although we worked to secure orders and maintained volume, revenue declined due to lower selling prices.」
Competition for orders intensified further in the steel pipe market, and the situation has emerged in which revenue declines due to lower selling prices even when volume is maintained. - FY2025WorsenedAnnual report
「In logistics-related operations, demand for warehouses, data centers and pallets remained relatively firm, but price competition with competitors intensified further, causing selling prices to decline.」
Price competition with competitors intensified further in the steel pipe market, materializing as a decline in selling prices. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the six months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Stating that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2024RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no material changes in existing risks, including intensifying competition in the steel pipe market. - FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2024-Q2RestatedAnnual report
「During the first six months 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 and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2023-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no material changes in existing risks, including intensifying competition in the steel pipe market. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the first half of the current consolidated fiscal year. In addition, no material changes have occurred in the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2020RestatedAnnual report
「In the steel pipe industry, domestic demand is expected to remain relatively firm going forward, but market competition is expected to intensify further.」
Reconfirming the outlook for domestic demand and the risk of intensifying market competition. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the first half of the current consolidated fiscal year. In addition, no material changes have occurred in the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2019RestatedAnnual report
「In the steel pipe industry, domestic demand is expected to remain relatively firm going forward, but market competition is expected to intensify further.」
While expecting firm domestic demand, the Company continues to regard intensifying market competition as a risk. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Reconfirming that there have been no new risks or material changes in existing risks, including intensifying competition in the steel pipe market. - FY2018First statedAnnual report
「In the steel pipe industry, domestic demand is expected to remain relatively firm going forward, but market competition is expected to intensify further.」
While expecting firm domestic demand, the Company identifies further intensification of market competition as a new external risk.