Intensifying competition in pianos and digital pianos in the entry-level price range
First written in FY2018. 2 of 4 entries say "Materialised", first in FY2026-H1. Latest entry: FY2026.
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- FY2026RestatedAnnual report
「Sales of mainly entry-level upright pianos and electronic pianos remained weak in Europe, partly because increased market inventories intensified price competition.」
Intensified price competition in the entry-level price range has continued to appear in actual business conditions as weak sales of upright pianos and electronic pianos. - 2026-05-14MaterialisedRevisions to earnings forecasts
「Sales of mainly entry-level upright pianos and electronic pianos remained weak in Europe, partly because increased market inventories intensified price competition.」
欧州の市中在庫増加と価格競争激化が、普及価格帯製品の販売低調として実績に現れた。 - FY2026-H1MaterialisedAnnual report
「In Europe as well, the pace of recovery in keyboard instrument sales fell short of expectations, partly because increased market inventories intensified price competition.」
Intensifying competition in the keyboard instrument market, including the entry-level price range, has actually emerged as a delay in the recovery of sales. - FY2018First statedAnnual report
「Competition in the entry-level price range for pianos and digital pianos is intensifying. Although we will continue to launch competitive products, deterioration in the group’s business performance is possible if they fail to demonstrate sufficient competitiveness.」
The company describes intensifying competition in the entry-level price range and the possibility that competitive products may fail to demonstrate sufficient competitiveness.