Deterioration in the Operating Environment Due to Intensifying Price Competition
First written in FY2019. 11 of 18 entries say "Restated". Latest entry: 2026-07-31.
Saftec moved to the "Worse" side of this theme in 2024, 6 years after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 19 of 25 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-07-31RestatedEarnings
「一方、受注競争の激化に加え、仕入価格や輸送コストの上昇が収まらず、依然として厳しい経営環境が続いております。」
受注競争の激化とコスト上昇が続く厳しい競争・採算環境を再確認している。 - FY2026WorsenedAnnual report
「The challenging operating environment has continued due to further increases in procurement prices, higher transportation costs and intensified competition for orders.」
Further increases in purchase prices, higher transportation costs, and intensified competition for orders are listed together, indicating that the difficult competitive and profitability environment continues. - FY2026-H1RestatedAnnual report
「In the construction safety equipment industry in which our group operates, disaster prevention and mitigation measures and the National Resilience Plan have continued to support activity, but the operating environment remains challenging due to intensified competition for orders and persistently high procurement prices and transportation costs.」
The Company reconfirms the severity of the competitive environment as competition for orders intensifies and purchase prices and transportation costs remain elevated. - FY2025WorsenedAnnual report
「In addition, competition to capture market share has become even more intense, and difficult conditions continue.」
The report states that, in addition to the existing price competition and competition for orders, competition to capture market share has become even more intense. - FY2024WorsenedAnnual report
「Going forward, we will work to improve the gross margin by passing higher purchase prices and the increased volume of rental products introduced through to selling and rental prices, and by increasing the turnover rate of rental products. Assessing competitive conditions will also be a challenge.」
In response to the decline in gross margin resulting from higher purchase prices and increased rental product introductions, the Company is pursuing price pass-through while identifying assessment of competitive conditions as a challenge. - FY2024-Q3WorsenedAnnual report
「Purchase prices are rising and competition for orders is becoming increasingly intense, leaving the difficult environment in place.」
The report states that, in addition to higher purchase prices, competition for orders is becoming even more intense, and that the challenging business environment is continuing. - FY2023RestatedAnnual report
「Going forward, a challenge will be to pass higher purchase prices through to selling and rental prices, taking competitive conditions into account.」
In response to higher purchase prices, the Company identifies passing these costs through to selling and rental prices, taking competitive conditions into account, as a challenge. - FY2023-Q1RestatedAnnual report
「In addition, the impact of soaring raw material prices on procurement prices continued, while price competition was also intense, leaving the operating environment challenging.」
The Company continues to recognize that price competition is intense and the business environment is challenging. - FY2022WorsenedAnnual report
「At the same time, purchase prices in the industry continue to rise as a result of higher raw material prices, price competition is becoming increasingly intense, and the business environment remains uncertain.」
The report explains that, in addition to higher raw material prices, purchase prices are rising and price competition is becoming increasingly intense. - FY2022-Q1RestatedAnnual report
「Meanwhile, the impact of soaring raw material prices on procurement prices had begun to emerge, and price competition was also intense, leaving the operating environment uncertain.」
The Company continues to recognize that price competition is intense and the business environment is uncertain. - FY2021RestatedAnnual report
「At the same time, raw material prices remain elevated and competition for orders from competitors continues, leaving the business environment challenging and uncertain.」
The Company continues to recognize that high raw material prices and competition for orders from competitors are persisting, making the business environment challenging and uncertain. - FY2021-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.」
The report states that there have been no significant changes to the risk of deterioration in the business environment resulting from intensifying price competition. - FY2021-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.」
The report states that there have been no significant changes to the risk of deterioration in the business environment resulting from intensifying price competition. - FY2021-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.」
The report states that there have been no significant changes to the risk of deterioration in the business environment resulting from intensifying price competition. - FY2020RestatedAnnual report
「Meanwhile, labor shortages, persistently high raw material prices and price competition continued, and the operating environment also remained challenging.」
The report again describes continuing price competition and the challenging business environment. - FY2019First statedAnnual report
「In addition, price competition was becoming increasingly intense, and the business environment was severe.」
The report describes intensifying price competition as an actual aspect of the business environment and explains that difficult conditions have arisen.