Risk of Declining Competitiveness Due to Competing Products and Price Competition
First written in FY2016. 9 of 14 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2020RestatedAnnual report
「Competitors may develop and manufacture breakthrough new products that surpass the company's technology and product functionality, reducing the competitiveness of its products. Depending on market conditions and demand trends, the company may also be forced into intense price competition with competitors.」
Continued to disclose the risk of declining competitiveness due to competitors’ new products and price competition. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2020-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2018-Q2MaterialisedAnnual report
「However, mainly due to the impact of lower equipment selling prices and other factors, sales amounted to ¥3,226 million, a decrease of ¥88 million, or 2.7%, from the same quarter of the previous year. In terms of profit, despite aggressively advancing cost-reduction activities, including design standardization, segment profit declined by ¥126 million, or 50.0%, from the nine-month period ended in the previous second quarter to ¥126 million, due to sluggish sales in highly profitable product areas and the impact of upfront investment in research and development, among other factors.」
Lower equipment selling prices and other factors, together with sluggish sales in highly profitable product areas, actually occurred and reduced sales and profit in the inspection and measurement equipment business. - FY2018-Q1MaterialisedAnnual report
「However, mainly due to the impact of lower equipment selling prices and other factors, sales amounted to ¥1,773 million, a decrease of ¥26 million, or 1.5%, from the nine-month period ended in the previous first quarter. In terms of profit, despite the promotion of aggressive cost reductions through design standardization and other measures, segment profit declined by ¥149 million, or 71.9%, from the same quarter of the previous year to ¥58 million, owing to the impact of lower selling prices.」
Lower equipment selling prices and selling prices per unit actually occurred in the current quarter as well, reducing sales and profit in the inspection and measurement equipment business. - FY2017-Q3MaterialisedAnnual report
「As a result, sales for the nine-month period ended in the current third quarter amounted to ¥5,346 million, an increase of ¥836 million, or 18.6%, from the nine-month period ended in the previous third quarter, due to the recognition of sales from large projects for customers in China and Taiwan. In terms of profit, despite the impact of lower equipment selling prices and other factors, segment profit increased to ¥272 million, up ¥178 million, or 191.9%, from the nine-month period ended in the previous third quarter, owing to the company's aggressive cost-reduction efforts and an increase in gross profit accompanying higher sales.」
Although equipment selling prices actually declined, profit increased as a result of cost reductions and higher sales. - FY2017-Q2MaterialisedAnnual report
「Although intensified market competition reduced selling prices, the segment loss narrowed to ¥16 million, compared with a segment loss of ¥46 million in the same quarter of the previous year, as a result of the company's efforts to reduce costs aggressively.」
The reduction in selling prices caused by intensified market competition actually occurred in the housing and lifestyle-related equipment business, and the impact of competition and price risk was disclosed. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
No new occurrence or material change was identified regarding the risk of reduced competitiveness due to competing products and price competition. - FY2016First statedAnnual report
「The company operates based on a policy of differentiating itself and maintaining competitiveness by staying ahead of competitors in product and technology development. However, it cannot rule out the possibility that competitors may develop and manufacture breakthrough new products that surpass the company's technology and product functionality, reducing the competitiveness of its products.」
While presenting its differentiation policy, the company disclosed the risk of reduced competitiveness due to breakthrough new products and price competition.