Intensifying price competition in mature markets
First written in FY2016. 6 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 40 of 87 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「However, in addition to lower average selling prices resulting from changes in the product mix and increased promotional expenses accompanying intensifying competition, the Company incurred tariff-related impacts and one-off expenses related to the share transfer agreement for Mark Roberts Motion Control Limited, resulting in lower revenue and lower profit.」
In the Imaging Business, intensifying competition, higher promotional expenses and lower average selling prices became specific factors behind the declines in revenue and profit. - FY2025-H1RestatedAnnual report
「In its main businesses, the digital camera market, the main market for the Imaging Business, is experiencing intense competition in the mirrorless camera market and may face deteriorating market conditions in the future.」
Continued to disclose intensifying competition in the mirrorless camera market and the possibility of deteriorating market conditions in the future. - FY2024-Q2RestatedAnnual report
「The digital camera market, the main market for the Imaging Business, may face intensifying competition in the mirrorless camera market, soaring component prices and deterioration in market conditions. In response, the Company is working to strengthen the business's earnings structure through optimization of production and sales, supply chain and logistics reforms, thorough cost reductions, stronger digital marketing and more efficient development.」
In addition to intensifying competition in the mirrorless market, disclosed the possibility of soaring component prices and deteriorating market conditions, while continuing existing measures to strengthen the earnings structure. - FY2023-Q3RestatedAnnual report
「The market for digital cameras, a major product of the Imaging Business, has been affected by intensifying competition in mirrorless cameras, as well as regulations in various countries and delays in procuring components due to COVID-19.」
Continued to state that competition in mirrorless cameras remains intense. - FY2021WorsenedAnnual report
「The digital camera market, the main market for the Imaging Business, is facing constraints on customer purchasing behavior, including restrictions on going out, retail store closures and event cancellations, as well as weaker demand and delays in component procurement, due to intensifying competition accompanying the shift to mirrorless cameras and the spread of COVID-19 and related tightening of restrictions in various countries. Consumer trends have recently shown a gradual recovery.」
Explicitly identified, in addition to market contraction and price competition, intensifying competition resulting from the shift to mirrorless cameras, as well as purchasing constraints and procurement delays caused by the infectious disease. - FY2021-Q3RestatedAnnual report
「The market for digital cameras, the main products of the Imaging Business, has continued to contract overall, while competition has intensified.」
Continued to indicate its recognition that, in addition to the contraction of the digital camera market, competition continues to intensify. - FY2021-Q2WorsenedAnnual report
「The market for digital cameras, the main products of the Imaging Business, has continued to contract overall, while competition has intensified.」
Updated the risk disclosure to state that, in addition to the contraction of the digital camera market, competition continues to intensify. - FY2020WorsenedAnnual report
「From partway through the fiscal year ended March 2020, in response to an unanticipated contraction of the market and intensifying competition, the Company undertook business-structure reforms, including optimizing production and sales sites, implementing thorough cost reductions, and reforming SCM and logistics, and is working to transform the business into one capable of generating a certain level of earnings.」
In the Imaging Business, the market contracted more than expected and competition intensified, prompting a shift to fundamental reforms covering production and sales sites, costs, SCM and logistics. - FY2018-Q3WorsenedAnnual report
「In the Healthcare Business, as the microscope market matures, competition to differentiate products is expected to intensify further, while price competition is tending to become more severe, particularly in the mid- to low-end market. A sharp decline in prices could adversely affect the Group's earnings and financial position.」
Explicitly identifies the trend toward more severe price competition in the mid- to low-end Healthcare Business market, in addition to market maturity and changes in the competitive landscape. - FY2018-Q2RestatedAnnual report
「In the Healthcare Business, the microscope market is almost saturated, and the competitive landscape may change as a result of industry consolidation and other factors.」
Continues to disclose the risk of changes in the competitive landscape resulting from saturation in the microscope market and industry consolidation. - FY2017RestatedAnnual report
「Digital cameras, the main products of the Imaging Business, may face low-price competition from rivals as the market matures.」
Continues to disclose the risk of intensifying price competition in lithography equipment, digital cameras, microscopes and other products. - FY2016First statedAnnual report
「Digital cameras, the main products of the Imaging Business, may face low-price competition from rivals as the market matures.」
Assumes declining prices and differentiation competition in the semiconductor and FPD lithography equipment, digital camera and microscope markets.