Risk of Intensifying Price Competition in Japan and Overseas
First written in FY2016. 21 of 24 entries say "Restated". Latest entry: FY2026.
Sigma Koki moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2026: 38 of 84 companies on the "Worse" side.
33 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「If prices fall sharply in the future due to the commoditization of existing products, competitors' low-price strategies or the inflow of low-priced products from overseas into Japan, if energy prices or procurement prices for raw materials and components rise significantly, or if cost increases cannot be appropriately passed on to the prices of the Company's products, this could materially affect the performance and financial position of the Group.」
In addition to price competition and higher procurement prices, the Company explicitly identified the risk of being unable to appropriately pass cost increases on to product prices. - FY2026-H1RestatedAnnual report
「There were no newly arising business or other risks during the interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It was determined that there was no new occurrence or material change regarding the risk of intensifying price competition in Japan and overseas. - FY2023RestatedAnnual report
「If prices fall sharply in the future due to the commoditization of existing products, competitors' low-price strategies or the inflow of low-priced products from overseas into Japan, or if energy prices or procurement prices for raw materials and components rise significantly, this could materially affect the performance and financial position of the Group.」
The Company continues to identify commoditization, the inflow of low-priced products and higher energy, raw-material and component prices as risks to price competition and profitability. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was determined that there was no new occurrence or material change regarding the risk of intensifying price competition in Japan and overseas. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was determined that there was no new occurrence or material change regarding the risk of intensifying price competition in Japan and overseas. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there was no new occurrence or material change regarding the risk of intensifying price competition in Japan and overseas. - FY2022WorsenedAnnual report
「If prices fall sharply in the future due to the commoditization of existing products, competitors' low-price strategies or the inflow of low-priced products from overseas into Japan, or if energy prices or procurement prices for raw materials and components rise significantly, this could materially affect the performance and financial position of the Group.」
In addition to the existing factors driving price competition, the Company explicitly identified the inflow of low-priced products from overseas and higher energy, raw-material and component procurement prices as risk factors. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2019RestatedAnnual report
「The Company sells a wide variety of standardized products through catalogs, but price competition with domestic and overseas competitors may intensify as markets mature and domestic industries move overseas. If prices fall sharply in the future due to the commoditization of existing products or competitors' low-price strategies, this could materially affect the performance and financial position of the Group.」
The Company reiterates the risk of price competition resulting from market maturation, the relocation of industries overseas, commoditization and competitors' low-price strategies. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2018RestatedAnnual report
「The Company sells a wide variety of standardized products through catalogs, but price competition with domestic and overseas competitors may intensify as markets mature and domestic industries move overseas.」
The Company reiterates the risk of intensifying price competition resulting from market maturation, the relocation of domestic industries overseas and competition with other companies. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change has been identified regarding the risk of intensifying price competition in Japan and overseas. - FY2016First statedAnnual report
「The Company sells a wide variety of standardized products through catalogs, but price competition with domestic and overseas competitors may intensify as markets mature and domestic industries move overseas. If prices fall sharply in the future due to the commoditization of existing products or competitors' low-price strategies, this could materially affect the performance and financial position of the Group.」
The Company identifies market maturation, the relocation of domestic industries overseas, commoditization and competitors' low-price strategies as contributing factors.