Intensifying price competition and declining profitability in overseas markets
First written in FY2020. 10 of 11 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2017: 5 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2021RestatedAnnual report
「Some of the Group's products have long life cycles, and many products are exposed to intense price competition. Particularly in Asia, intense price competition is expected to continue because of various factors, including the entry and emergence of local companies.」
The entry and emergence of local companies, primarily in Asia, and intense price competition are identified as continuing risks. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, no new business or other risks arose. There were also no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
No new risks or material changes have been identified regarding the existing risk of intensifying price competition and declining profitability in overseas markets. - FY2020First statedAnnual report
「Although demand for foamed polypropylene “P-BLOCK” is on an expanding trend, new entrants have emerged in China, Europe and elsewhere, and profitability has declined as competition has intensified.」
The emergence of new entrants and intensifying competition in China and Europe are described as having materialized as a decline in P-BLOCK's profitability.