Intensifying Competition for Orders in the Chinese Market
First written in FY2020-Q1. 9 of 13 entries say "Worsened", first in FY2024-Q1. Latest entry: 2026-08-06.
Ohashi Technica moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 6 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- 2026-08-06WorsenedEarnings
「As competition among local manufacturers intensified and production by customer Japanese automakers continued to decline, net sales were ¥426 million, down 21.1% year on year. The segment loss was ¥14 million, compared with a segment loss of ¥12 million in the previous year's corresponding period, due to the impact of lower sales.」
Intensifying competition in the Chinese market and continued production declines by Japanese automakers resulted in lower sales and a larger segment loss. - FY2026WorsenedAnnual report
「As competition among local manufacturers intensified and production by customer Japanese automakers continued to decline, net sales were ¥2,273 million, down 16.5% year on year. Although selling, general and administrative expenses declined due to structural reforms implemented in the previous fiscal year, the impact of lower sales was greater, resulting in a segment loss of ¥93 million, compared with a segment loss of ¥232 million in the previous fiscal year.」
In China, intensifying sales competition among local manufacturers and declining production by Japanese automakers continued, resulting in a 16.5% decline in revenue. The loss narrowed as a result of the structural reforms, but the effects of lower revenue and impairment losses are reflected in the results. - FY2026-H1WorsenedAnnual report
「Amid intensifying sales competition among local manufacturers, production by customer Japanese automakers continued to decline. Revenue was ¥1,059 million, down 20.0% year on year. Although expenses declined following the structural reforms implemented in the previous period, the impact of lower revenue was greater, resulting in a segment loss of ¥42 million, compared with a segment loss of ¥92 million in the same period of the previous year.」
In China, intensifying sales competition among local manufacturers and declining production by Japanese automakers continued, resulting in a 20.0% decline in revenue. Although structural reforms reduced expenses, the impact of lower revenue was greater. - FY2025WorsenedAnnual report
「While local manufacturers further expanded their EV market share, production by Japanese automakers continued to decline. Revenue was ¥2,722 million, down 24.5% year on year. The segment recorded a loss of ¥232 million, compared with a segment loss of ¥72 million in the same period of the previous year, due to the decline in revenue and the recognition of one-time costs associated with business restructuring and other measures.」
In the Chinese market, the expansion of local manufacturers’ EV market share and the decline in production by Japanese automakers continued, widening the decline in revenue and the segment loss from the previous period. - FY2025-H1WorsenedAnnual report
「While local manufacturers expanded their EV market share, production by Japanese automakers continued to decline. Revenue was ¥1,323 million, down 19.7% year on year. The segment recorded a loss of ¥92 million, compared with a segment loss of ¥29 million in the same period of the previous year, mainly due to the decline in revenue.」
In China, the expansion of local manufacturers’ EV market share and the decline in production by Japanese automakers continued, resulting in a wider decline in revenue and a larger segment loss than in the same period of the previous year. - FY2024WorsenedAnnual report
「The proportion of EVs made by local manufacturers in total vehicle sales rose rapidly, while production and sales by Japanese automakers remained sluggish. Revenue was ¥3,607 million, down 28.3% year on year. The segment recorded a loss of ¥72 million, compared with segment profit of ¥469 million in the same period of the previous year, mainly due to the decline in revenue.」
In the Chinese market, the rising EV share of local manufacturers materialised as sluggish production and sales by Japanese automakers. Revenue fell 28.3%, and the segment moved from profit to loss. - FY2024-Q3WorsenedAnnual report
「The share of NEVs (new energy vehicles, comprising BEVs and PHEVs) produced by local manufacturers in total vehicle sales rose rapidly, while production and sales by Japanese automotive manufacturers, whose mainstay products are gasoline-powered and hybrid vehicles, remained sluggish. Net sales amounted to ¥2,562 million, down 31.3% year on year. The segment recorded a loss of ¥57 million, compared with segment profit of ¥383 million in the same period of the previous year.」
In the Chinese market, the share of NEVs produced by local manufacturers rose rapidly, and the sluggish production and sales of Japanese automotive manufacturers materialized as a 31.3% decline in net sales and a shift from profit to a ¥57 million loss. - FY2024-Q1WorsenedAnnual report
「The share of EVs and PHVs produced by local manufacturers in total vehicle sales rose rapidly, while production and sales by Japanese automotive manufacturers, whose mainstay products are engine-powered and hybrid vehicles, remained sluggish. Net sales amounted to ¥835 million, down 39.5% year on year.」
In the Chinese market, the share of EVs and PHVs produced by local manufacturers rose rapidly, and the impact of sluggish production and sales by Japanese manufacturers whose mainstay products are engine-powered and hybrid vehicles was quantified. - FY2020-Q3RestatedAnnual report
「Consolidated net sales declined year on year due to production cuts in Japan caused by lower demand in Asian markets for the Company's main customers, commercial vehicle manufacturers, and the end of production of certain parts; overseas, production cuts resulting from lower sales by Japanese automotive manufacturers in the Americas and Europe, intensifying competition for orders in the Chinese market, and the impact of currency translation.」
Intensifying competition for orders in the Chinese market continues to be identified as a factor behind the decline in consolidated net sales, alongside lower domestic and overseas demand and production cuts. - FY2020-Q2RestatedAnnual report
「Consolidated net sales declined year on year due to production cuts in Japan caused by lower demand in Asian markets for the Company's main customers, commercial vehicle manufacturers, and the end of production of certain parts; overseas, production cuts resulting from lower sales by Japanese automotive manufacturers in the Americas and Europe, intensifying competition for orders in the Chinese market, and the impact of currency translation.」
Intensifying competition for orders in the Chinese market continues to be identified as a factor behind the decline in consolidated net sales, alongside production cuts and lower demand in the Americas and Europe. - FY2020-Q1First statedAnnual report
「Consolidated net sales declined year on year, primarily due to production cuts in the Americas and Europe resulting from lower sales by Japanese automotive manufacturers and intensifying competition for orders in the Chinese market.」
For the first time, intensifying competition for orders in the Chinese market was explicitly identified as a factor contributing to the year-on-year decline in consolidated net sales.