Risk of Failing to Respond to Competitors' Product and Manufacturing Technology Development
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 29 of 59 companies on the "Worse" side.
70 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if competitors take the lead in developing new products and manufacturing technologies and our company is unable to respond, this could have a material impact on our financial condition, operating results and other matters.」
The company continues to disclose the risk of declining competitiveness if it is unable to respond to competitors' development of new products and manufacturing technologies. - FY2024MitigatedAnnual report
「Accordingly, we are working to secure the competitiveness needed to earn customer satisfaction and trust through all our business activities, including establishing and continuously improving our quality assurance and quality management systems, developing new products and manufacturing technologies, and reducing costs.」
The company identifies its quality assurance structure, quality management system, continuous improvement, new product and manufacturing technology development, and cost reduction as measures to address the risk of failure to respond to competitors' new product and manufacturing technology development. - FY2024-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes concerning the risk of failure to respond to competitors' product and manufacturing technology development. - FY2023First statedAnnual report
「However, if competitors take the lead in developing new products and manufacturing technologies and our company is unable to respond, this could have a material impact on our financial condition, operating results and other matters.」
For the first time, the company separately identified the risk of declining competitiveness if it is unable to respond to competitors' development of new products and manufacturing technologies as a business-related risk.