Low barriers to entry in the printing industry and declining order prices due to intensifying competition
First written in FY2016. 9 of 11 entries say "Restated". Latest entry: FY2025.
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- FY2025RestatedAnnual report
「However, barriers to entry for newspaper inserts in the printing industry are low, and selling prices remain depressed due to competition among companies.」
The risk of depressed selling prices due to low barriers to entry for newspaper inserts and competition among companies continues to be disclosed. - FY2024RestatedAnnual report
「However, barriers to entry for newspaper inserts in the printing industry are low, and selling prices remain depressed due to competition among companies.」
The risks of depressed selling prices and lower order prices due to low barriers to entry and competition among companies continue to be disclosed. - FY2024-Q2RestatedAnnual report
「Meanwhile, the outlook for the economy remains uncertain due to fuel costs associated with fluctuations in foreign exchange rates and persistently high crude oil prices, soaring raw material prices and growing geopolitical risks.」
The disclosure states that, in addition to the challenging environment caused by intensifying competition, uncertainty about the outlook due to foreign exchange rates, crude oil prices, raw material prices and geopolitical risks continues. - FY2020RestatedAnnual report
「However, barriers to entry for newspaper inserts in the printing industry are low, and selling prices remain depressed due to competition among companies. Further intensification of competition could lead to lower order prices and adversely affect our operating results and financial position.」
The risks of depressed selling prices and lower order prices due to low barriers to entry and competition among companies continue to be disclosed. - FY2019RestatedAnnual report
「However, barriers to entry for newspaper inserts in the printing industry are low, and selling prices remain depressed due to competition among companies. Further intensification of competition could lead to lower order prices and adversely affect our operating results and financial position.」
The risks of depressed selling prices and lower order prices due to low barriers to entry and competition among companies continue to be disclosed. - FY2019-Q1RestatedAnnual report
「The distribution industry, our main customer base, remains in a challenging environment due to intensifying competition across business formats as online businesses expand, labour shortages and rising logistics costs.」
The intensification of competition across business formats accompanying the expansion of online businesses continues to be cited as part of the competitive environment surrounding the printing and sales promotion businesses. No new figures for lower order prices are provided. - FY2018RestatedAnnual report
「However, barriers to entry into insert advertising in the printing industry are low, and depressed selling prices due to competition between companies continue. Further intensification of competition could lead to lower order prices and adversely affect our operating results and financial position.」
The prolonged weakness in selling prices due to low barriers to entry and competition among companies continues to be cited as a risk leading to lower order prices. - FY2018-Q1MaterialisedAnnual report
「In the distribution industry, the company's main customer base, competition across industry boundaries is intensifying while the overall market struggles to grow. As channels for delivering information that stimulates consumer purchasing intentions have expanded without limit, paper sizes for newspaper insert advertising, the company's main business, have been reduced and order prices have fallen, making the surrounding environment even more difficult.」
The disclosure states that, in addition to intensifying cross-industry competition, the unit price of orders for newspaper inserts has actually declined, indicating that the risk of lower order prices due to intensified competition has materialised. - FY2017RestatedAnnual report
「However, barriers to entry into insert advertising in the printing industry are low, and depressed selling prices due to competition between companies continue. Further intensification of competition could lead to lower order prices and adversely affect our operating results and financial position.」
The prolonged weakness in selling prices due to low barriers to entry and competition among companies continues to be cited as a risk of lower order prices. - FY2017-Q1RestatedAnnual report
「In the printing industry, declining demand is driving market contraction, while price competition among companies means that difficult operating conditions continue.」
It reiterates that price competition between companies continues, but provides no new figures or specific extent of deterioration in order prices. - FY2016First statedAnnual report
「However, barriers to entry into insert advertising in the printing industry are low, and depressed selling prices due to competition between companies continue. Further intensification of competition could lead to lower order prices and adversely affect our operating results and financial position.」
It indicates that depressed selling prices continue and identifies declining order prices due to intensifying competition as a risk.