Declining print media and lower unit prices due to order competition
First written in FY2017-Q1. 20 of 35 entries say "Restated". Latest entry: 2026-11-13.
TAKEDA iP HOLDINGS moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 5 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2026WorsenedAnnual report
「The value of printing-product shipments has been on a declining trend since peaking at ¥8.9287 trillion in 1991. The trend accelerated further after the 2008 Lehman shock and the 2011 Great East Japan Earthquake, with shipment value falling to ¥5.0934 trillion in 2022.」
For the long-term contraction of the print-media and printing markets, it updates 2022 shipment value to ¥5.0934 trillion. It also describes the acceleration of the shift away from paper due to paperless operations, demographic ageing and higher paper prices, as well as the continued decline in commercial printed materials. - FY2026-H1WorsenedAnnual report
「In Japan's printing market, where our group operates, the long-term pattern of market contraction due to the shift toward paperless operations and demographic ageing, intensifying competition and persistently low prices continues, and the extremely challenging situation persists. In addition to surging energy prices, logistics costs and labour costs, intermittent increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, and the decline in commercial printed materials such as catalogues and flyers shows no sign of abating.」
In addition to the longstanding shift toward paperless operations, intensifying competition and persistently low prices, it describes market contraction due to demographic ageing and the continued decline in commercial printed materials with no sign of abating. - FY2025WorsenedAnnual report
「The value of printing-product shipments in Japan has been on a declining trend since peaking at ¥8.9287 trillion in 1991. The trend accelerated further after the 2008 Lehman shock and the 2011 Great East Japan Earthquake, with shipment value falling to ¥5.0462 trillion in 2022.」
For the long-term contraction of the print-media and printing markets, it updates the reference year for shipment value from 2020 to 2022 and states that shipment value was ¥5.0462 trillion in 2022. - FY2025-H1WorsenedAnnual report
「In Japan's printing market, where our group operates, the long-term pattern of market contraction due to the shift toward paperless operations, intensifying competition and persistently low prices continues, and the extremely challenging situation persists. In addition to surging energy prices, logistics costs and labour costs, intermittent increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, and commercial printed materials such as in-house newsletters, catalogues and flyers have continued to decline, making a recovery to previous levels difficult.」
It describes the contraction of the print-media market and persistently low prices, along with surging logistics and labour costs, the acceleration of the shift away from paper due to higher printing-paper prices, and the continued decline in commercial printed materials. - FY2024-Q3RestatedAnnual report
「In Japan's printing market, where our group operates, the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by surging energy and raw-material prices, and the extremely challenging situation persists. Social and economic activity normalisation led to a recovery in customers' internal public-relations and sales-promotion activities. However, intermittent increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, and commercial printed materials such as in-house newsletters, catalogues and flyers have continued to decline, making a recovery to previous levels difficult.」
While recognising the recovery in customer activities, it continues to recognise that contracting print media, intensifying competition, persistently low prices, the acceleration of the shift away from paper due to higher printing-paper prices, and the continued decline in commercial printed materials make a recovery to previous levels difficult. - FY2024-Q1WorsenedAnnual report
「As social and economic activity normalised, customers' internal public-relations and sales-promotion activities showed signs of recovery. However, intermittent increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, and commercial printed materials such as in-house newsletters, catalogues and flyers have continued to decline, making a recovery to previous levels difficult.」
While recognising the recovery trend in customer activities, it indicates that increases in printing-paper prices have further accelerated the shift away from paper, commercial printed materials continue to decline, and a recovery to previous levels is difficult. - FY2023WorsenedAnnual report
「The value of printing-product shipments in Japan has been on a declining trend since peaking at ¥8.9287 trillion in 1991. The trend accelerated further after the 2008 Lehman shock and the 2011 Great East Japan Earthquake, with shipment value falling to ¥4.5756 trillion in 2020.」
It details the long-term contraction of the print-media market by showing shipment values from the 1991 peak through 2020, and also describes the acceleration of the shift away from paper due to digitalisation and higher printing-paper prices. - FY2023-Q3RestatedAnnual report
「As social and economic activity normalised, customers' internal public-relations and sales-promotion activities showed signs of recovery. However, repeated increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, reducing commercial printed materials such as in-house newsletters, catalogues and flyers and making a recovery to previous levels difficult.」
While recognising the recovery trend in customer activities, it continues to cite the acceleration of the shift away from paper due to higher printing-paper prices, the decline in commercial printed materials, and the difficulty of returning to previous levels. - FY2023-Q2WorsenedAnnual report
「As social and economic activity normalised, customers' internal public-relations and sales-promotion activities showed signs of recovery. However, repeated increases in printing-paper prices have further accelerated the shift of advertising and promotional media to digital formats, or away from paper, reducing commercial printed materials such as in-house newsletters, catalogues and flyers and making a recovery to previous levels difficult.」
While recognising the recovery trend in customer activities, it states that repeated increases in printing-paper prices have accelerated the shift away from paper, resulting in a decline in commercial printed materials and making a recovery to previous levels difficult. - FY2022WorsenedAnnual report
「The contraction of the print-related market, particularly print media, has continued over an extended period and has accelerated in recent years. We recognise this as the highest-priority risk to address.」
It recognises that the contraction of the print-media market has not only continued over the long term but has accelerated in recent years, and positions it as the highest-priority risk to address. - FY2022-Q3RestatedAnnual report
「In Japan's printing market, where our group operates, the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by surging raw-material prices, and the extremely challenging situation persists.」
It continues to describe the challenging printing-market environment characterised by contracting print media, intensifying competition, persistently low prices and surging raw-material prices. - FY2022-Q2RestatedAnnual report
「In Japan's printing market, where our group operates, the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by surging raw-material prices, and the extremely challenging situation persists.」
It continues to describe the long-term challenging pattern in the printing market of contracting print media, intensifying competition and persistently low prices. - FY2022-Q1RestatedAnnual report
「Customers' internal public-relations and sales-promotion activities have gradually begun to recover. However, budget cuts due to the economic slowdown and the shift of advertising and promotional media to digital formats, or away from paper, are expected to continue, making a recovery to previous levels difficult.」
While recognising the recovery trend in customer activities, it indicates that budget cuts and the shift from print to digital media will continue, making a recovery in demand for print media to previous levels difficult. - FY2021WorsenedAnnual report
「As stated at the beginning, orders for printed materials, or print media, have continued to decline as market conditions deteriorated, while the prolonged decline in prices or persistently low prices has created a market environment in which a turnaround appears unlikely.」
It indicates that the decline in orders for print media and persistently low prices have become prolonged, creating a market environment in which a turnaround is difficult. - FY2021-Q2RestatedAnnual report
「Customers' internal public-relations and sales-promotion activities have gradually begun to recover. At the same time, the operating environment remains extremely challenging as economic slowing has led to budget cuts and media continues to shift to digital formats, or away from paper.」
It continues to recognise that demand for print media remains challenging due to the shift from print to digital media and budget cuts. - FY2021-Q1WorsenedAnnual report
「In addition, production adjustments at customers' factories reduced production and shipments of industrial materials, such as product packaging, supplied by us, while commercial printed materials such as in-house newsletters, catalogues and flyers declined as customers cancelled or postponed internal public-relations and sales-promotion activities. This also appears to have accelerated digitalisation, or the shift away from paper, with advertising and promotional media being changed from print to digital.」
It describes the contraction of print media and decline in commercial printed materials, as well as the cancellation and postponement of customer activities triggered by COVID-19 and the shift from print to digital media. - FY2020WorsenedAnnual report
「As noted above, we believe that demand for print media declined further across the market as a whole during the consolidated fiscal year. The same challenging situation is expected to continue going forward.」
It indicates that the long-term decline in demand for print media progressed further across the market as a whole. - FY2020-Q3RestatedAnnual report
「Against this backdrop, the domestic printing industry, our core business, faces an extremely challenging situation as the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by higher raw-material prices resulting from increases in printing-paper prices.」
It continues to cite the printing industry's pattern of contracting print media, intensifying competition and persistently low prices, as well as the challenging environment. - FY2020-Q2RestatedAnnual report
「Against this backdrop, the domestic printing industry, our core business, faces an extremely challenging situation as the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by higher raw-material prices resulting from increases in printing-paper prices implemented since the beginning of the year.」
It continues to cite the long-term pattern of contracting print media, intensifying competition and persistently low prices, together with the challenging environment caused by higher printing-paper prices. - FY2020-Q1WorsenedAnnual report
「The domestic printing industry, our core business, faces an extremely challenging situation as the long-term pattern of contracting print media, intensifying competition and persistently low prices continues, compounded by higher raw-material prices resulting from increases in printing-paper prices implemented since the beginning of the year.」
It states that higher raw-material prices resulting from increases in printing-paper prices compounded the long-term contraction of print media, intensifying competition and persistently low prices. - FY2019WorsenedAnnual report
「The market structure of declining print-media volumes due to digitalisation and lower prices resulting from the associated intensification of competition has existed in the printing business for an extended period. In the consolidated fiscal year, however, production adjustments and price increases by paper manufacturers also took place, and we believe the decline in print media may have accelerated further.」
In addition to the long-term decline in print media and lower prices due to intensifying competition, production adjustments and price increases by paper manufacturers coincided with the period, and it indicates that the decline in print media progressed further. - FY2019-Q3RestatedAnnual report
「Against this backdrop, the printing industry, our group's core business, benefited little from the domestic economic recovery, and the pattern of contracting print media, intensifying competition and persistently low prices continued during the first nine months of the current consolidated fiscal year, resulting in a highly challenging situation.」
It states that, even amid the economic recovery, the printing industry's challenging pattern of contracting print media, intensifying competition and persistently low prices continues. - FY2019-Q2RestatedAnnual report
「Against this backdrop, the domestic printing industry, our group's core business, remains in an extremely challenging situation, with the pattern of contracting print media, intensifying competition and persistently low prices, which deteriorated markedly from the previous consolidated fiscal year, continuing during the first six months of the current consolidated fiscal year.」
The pattern of contracting print media, intensifying competition and persistently low prices, which deteriorated markedly from the previous consolidated fiscal year, continued during the quarter. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the domestic printing industry, our core business, remains in an extremely challenging situation, with the pattern of contracting print media, intensifying competition and declining prices, which had deteriorated markedly during the previous consolidated fiscal year compared with earlier periods, continuing during the first quarter of the current consolidated fiscal year.」
The challenging pattern in the printing industry, characterised by contracting print media, intensifying competition and declining prices, which deteriorated markedly in the previous fiscal year, continued during the quarter. - FY2018WorsenedAnnual report
「The printing industry has faced an extremely challenging situation for an extended period, as digitalisation has reduced demand for print media and competition for the shrinking market has driven prices down.」
It indicates that, in addition to the long-term decline in demand for print media and lower prices, these trends intensified further during the fiscal year. - FY2018-Q3RestatedAnnual report
「Against this backdrop, the domestic printing business, our core business, benefited little from the economic recovery and remained in a difficult situation characterised by contracting print media, intensifying competition and persistently low prices.」
Even amid the economic recovery, the printing business continues to face a challenging environment characterised by contracting print media, intensifying competition and persistently low prices. - FY2018-Q2RestatedAnnual report
「Against this backdrop, the domestic printing business, our core business, has benefited little from the economic recovery and remains in a difficult situation characterised by contracting print media, intensifying competition and declining prices.」
Even amid the economic recovery, the printing business continues to face a challenging environment characterised by contracting print media, intensifying competition and declining prices. - FY2018-Q1RestatedAnnual report
「Against this backdrop, the domestic printing industry, our core business, has benefited little from the economic recovery, and remains in a difficult situation as the pattern of contracting print media, intensifying competition and declining prices continues.」
It reconfirms the difficult situation in the printing industry, with print media contracting, competition intensifying and prices declining. - FY2017RestatedAnnual report
「Overall demand for print media continued to decline over the long term as electronic media became more widespread, with the decline particularly pronounced in publication printing. Unit prices remained low amid intensifying competition, including in commercial printing, and the operating environment remained challenging throughout the period.」
It reiterates the long-term decline in print media due to the spread of electronic media and persistently low unit prices resulting from intensifying competition as the challenging full-year operating environment. - FY2017-Q3RestatedAnnual report
「In the printing business, as print media continued to contract and prices continued to decline, we focused on proposing solutions incorporating the web, video, systems and logistics, while promoting sales-support services including event planning and management and BPO (business process outsourcing) for campaign offices, striving to improve customer satisfaction by helping customers resolve their issues.」
It reiterates that the printing business continues to face a challenging operating environment, with print media contracting and prices declining. - FY2017-Q2RestatedAnnual report
「The printing industry saw no particularly significant changes, with the decline of print media and downward trend in prices continuing, leaving the operating environment difficult.」
It reiterates that the decline of print media and the downward trend in prices are continuing, resulting in a challenging operating environment. - FY2017-Q1First statedAnnual report
「The domestic commercial printing industry, our core business, remained in a challenging operating environment as print media continued to decline and unit prices fell due to intensifying competition for orders.」
The decline in print media and intensifying price competition are identified as existing risks in the operating environment.