Dependence on Core Products
First written in FY2020. 1 of 3 entries say "Worsened", first in FY2021. Latest entry: FY2026.
Copa Corporation moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 13 of 48 companies on the "Worse" side.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The core product dual-purpose folding umbrella “99Tsukumo Umbrella” and the new “Instant Water-Repellent Tsukumo Umbrella” performed steadily, contributing substantially more to sales than in the previous year. Meanwhile, many existing products fell below the previous year's results amid intensified market competition and changing customer needs, partially offsetting the growth of the core products.」
While the core and new products grew, many existing products fell below the previous year's results due to intensifying competition and changing customer needs, demonstrating sales volatility associated with product concentration. - FY2021WorsenedAnnual report
「The Company's product sales are also susceptible to the impact of media appearances by its demonstration sales specialists. The emergence of hit products following such appearances could cause fluctuations in the Company's sales and have a material impact on its business and results.」
In addition to the risk of dependence on core products, the company explicitly identifies sales volatility caused by hit products emerging from media appearances by its demonstration sales specialists. - FY2020First statedAnnual report
「The Company's sales are highly concentrated in its core products. Accordingly, if sales of one or several products decline due to lower customer demand or if procuring the products becomes difficult for any reason, this could have a material impact on its business and results.」
The company indicates dependence on a small number of core products, fluctuations in demand and difficulty in procuring products.