Intensifying Price Competition in Musical Instruments and Audio Equipment
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 40 of 86 companies on the "Worse" side.
107 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The development of the e-commerce market has increased price transparency and intensified price competition, potentially affecting the Group's current competitive advantage.」
The expansion of e-commerce and intensifying price competition were identified as specific manifestations of the previously identified price-competition risk. - FY2019RestatedAnnual report
「In recent years in particular, competition has intensified among products in the mass-market price range. The audio equipment business is also exposed to price competition with competitors.」
Competition among musical instruments in the mass-market price range and price competition in audio equipment continue to be identified as risks. - FY2018RestatedAnnual report
「In recent years in particular, competition has intensified among products in the mass-market price range. The audio equipment business is also exposed to price competition with competitors.」
Competition among musical instruments in the mass-market price range and price competition in audio equipment remain ongoing risks. - FY2016First statedAnnual report
「The audio equipment business is exposed to price competition with competitors. Depending on future changes in distribution and developments in new technologies, this competition may intensify further, potentially affecting the Group's current competitive advantage.」
The company also referred to intensifying competition, particularly among musical instruments in the mass-market price range.