Intensifying Price Competition in the Housing Equipment Industry
First written in FY2016. 29 of 32 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 41 of 85 companies on the "Worse" side.
106 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Amid an uncertain operating environment in which new housing starts remain sluggish and raw material and supply prices continue to rise, competition with competitors is expected to intensify further.」
The company continues to state that competition is expected to intensify against the backdrop of sluggish housing starts and rising raw material and supply prices. - FY2025RestatedAnnual report
「Competition in the housing equipment industry, including system kitchens, has become extremely severe, partly because new housing starts have declined.」
The company continues to face a severe competitive environment resulting from declining new housing starts, as well as the risk of price competition from the introduction of similar products at lower prices. - FY2025-H1RestatedAnnual report
「Amid an uncertain operating environment in which new housing starts remain sluggish and raw material and supply prices continue to rise, competition with competitors is expected to intensify further.」
The company continues to state that competition is expected to intensify against the backdrop of sluggish housing starts and rising raw material and supply prices. - FY2024-Q3RestatedAnnual report
「Amid an uncertain operating environment in which new housing starts remain sluggish and raw material and supply prices continue to rise, competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition against the backdrop of sluggish housing demand and rising raw material and supply prices. - FY2024-Q2RestatedAnnual report
「Amid an uncertain operating environment in which new housing starts remain sluggish and raw material and supply prices continue to rise, competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition against the backdrop of sluggish housing demand and rising raw material and supply prices. - FY2023RestatedAnnual report
「Competition in the housing equipment industry, including system kitchens, has become extremely severe, partly because new housing starts have declined.」
The company continues to face a severe competitive environment resulting from declining new housing starts, as well as the risk of price competition from the introduction of similar products at lower prices. - FY2023-Q3RestatedAnnual report
「Although renovation demand remains firm, competition with competitors is expected to intensify further amid an uncertain operating environment in which shortages and surging prices of raw materials and supplies persist.」
The company continues to anticipate intensifying competition with competitors amid an uncertain environment in which shortages and price increases persist. - FY2023-Q1RestatedAnnual report
「Amid an uncertain operating environment, including shortages and surging prices of raw materials and supplies, competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition with competitors amid an uncertain environment caused by issues involving raw materials and supplies. - FY2022WorsenedAnnual report
「Competition in the housing equipment industry, including system kitchens, is expected to become extremely severe, partly because new housing starts are forecast to decline over the long term.」
In addition to the previously anticipated intensification of competition, the company states that the competitive environment will become “extremely severe,” against the backdrop of a long-term decline in new housing starts. - FY2022-Q3RestatedAnnual report
「Under these circumstances, competition with competitors is expected to intensify further.」
Even in a market environment considered to be recovering, the company continues to anticipate intensifying competition with competitors. - FY2022-Q2RestatedAnnual report
「Under these circumstances, competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition with competitors amid an uncertain market environment. - FY2022-Q1RestatedAnnual report
「Amid continued uncertainty, with repeated declarations of a state of emergency and other measures to contain the spread of COVID-19 restricting social and economic activity, competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition with competitors amid restricted economic activity and an uncertain outlook. - FY2021RestatedAnnual report
「The group believes it is a manufacturer capable of developing high-quality, high-value-added new products. However, because competitors can relatively easily follow its technology, similar products may be marketed within a short period, and there is no guarantee that the group will be able to compete effectively in the future. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
The company continues to disclose the risk of an earnings impact from competitors following similar products, introducing them at lower prices and intensifying price competition. - FY2021-Q3RestatedAnnual report
「Although economic activity, which had been restricted by the spread of COVID-19, is showing a gradual recovery as it resumes, the outlook remains uncertain and competition with competitors is expected to intensify further.」
While economic activity is gradually recovering, the company continues to anticipate intensifying competition with competitors amid an uncertain outlook. - FY2021-Q2RestatedAnnual report
「Although economic activity, which had been restricted by the spread of COVID-19, is showing a gradual recovery as it resumes, the outlook remains uncertain and competition with competitors is expected to intensify further.」
The company continues to anticipate intensifying competition with competitors amid an uncertain economic environment. - FY2021-Q1RestatedAnnual report
「In an operating environment where housing starts and renovation demand have fallen sharply year on year and conditions remain difficult, competition with rival companies is expected to intensify further.」
The company continues to anticipate intensifying competition with competitors amid weak housing demand. - FY2020RestatedAnnual report
「The group believes it is a manufacturer capable of developing high-quality, high-value-added new products. However, because competitors can relatively easily follow its technology, similar products may be marketed within a short period, and there is no guarantee that the group will be able to compete effectively in the future. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
The company continues to disclose the risk of an earnings impact from competitors following similar products, introducing them at lower prices and intensifying price competition. - FY2020-Q3RestatedAnnual report
「In an operating environment where uncertainty cannot be dispelled due to the unstable global economy and the reactionary decline following the consumption tax increase, competition with rival companies is expected to intensify further.」
Against the backdrop of the unstable global economy and the reactionary decline following the consumption tax increase, the company continues to expect intensifying competition with rival companies. - FY2020-Q2RestatedAnnual report
「Although temporary rush demand was seen ahead of the consumption tax increase, owner-occupied housing starts, which had been recovering, stalled, and uncertainty about the outlook increased.」
The continued expectation of intensifying competition with rival companies in an uncertain housing-demand environment remains unchanged. - FY2019RestatedAnnual report
「The group believes it is a manufacturer capable of developing high-quality, high-value-added new products. However, because competitors can relatively easily follow its technology, similar products may be marketed within a short period, and there is no guarantee that the group will be able to compete effectively in the future. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
The company continues to disclose the risk of an earnings impact from the short time required to market similar products, introduce them at lower prices and intensify price competition. - FY2019-Q3RestatedAnnual report
「In an operating environment where housing starts are declining and the renovation market remains stagnant and weak, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies in an environment of weakening housing demand. - FY2019-Q2RestatedAnnual report
「Housing starts are slowing, and the renovation market also remains difficult due to weak personal consumption. Against this backdrop, where economic uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies in an environment of weakening housing demand. - FY2019-Q1RestatedAnnual report
「In an operating environment where housing starts are declining and the renovation market remains stagnant and weak, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies in an environment of weakening housing demand. - FY2018RestatedAnnual report
「The group believes it is a manufacturer capable of developing high-quality, high-value-added new products. However, because competitors can relatively easily follow its technology, similar products may be marketed within a short period, and there is no guarantee that the group will be able to compete effectively in the future. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
The company continues to disclose the risk of an earnings impact from the short time required to market similar products, introduce them at lower prices and intensify price competition. - FY2018-Q3RestatedAnnual report
「Housing starts are slowing, and the renovation market also remains difficult due to weak personal consumption. Against this backdrop, where economic uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The company continues to expect slower growth in housing starts, difficult conditions in the renovation market, and intensifying competition with rival companies. - FY2018-Q2RestatedAnnual report
「Housing starts are slowing, and the renovation market also remains difficult due to weak personal consumption. Against this backdrop, where economic uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies. - FY2018-Q1RestatedAnnual report
「In an economic environment where uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies. - FY2017RestatedAnnual report
「The group believes it is a manufacturer capable of developing high-quality, high-value-added new products. However, because competitors can relatively easily follow its technology, similar products may be marketed within a short period, and there is no guarantee that the group will be able to compete effectively in the future. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
The company continues to disclose the risk of an earnings impact from the short time required to market similar products, introduce them at lower prices and intensify price competition. - FY2017-Q3RestatedAnnual report
「Although housing starts are on a recovery trend, continued stagnation in renovation demand due to weak personal consumption is a concern, and competition with rival companies is expected to intensify further in an economic environment where uncertainty cannot be dispelled.」
The company continues to expect stagnant renovation demand and intensifying competition with rival companies. - FY2017-Q2RestatedAnnual report
「Although housing starts are on a recovery trend, a full recovery in consumer sentiment, which weakened due to the postponement of the consumption tax increase and other factors, is expected to take time. In an economic environment where uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The company continues to expect intensifying competition with rival companies, but describes no change in degree from the previous quarter. - FY2017-Q1WorsenedAnnual report
「Although housing starts are on a recovery trend, a full recovery in personal consumption, which weakened due to the postponement of the consumption tax increase and other factors, is expected to take time. In an economic environment where uncertainty cannot be dispelled, competition with rival companies is expected to intensify further.」
The disclosure explicitly states that competition with rival companies will “intensify further,” indicating heightened concern about the competitive environment. - FY2016First statedAnnual report
「Competition in the residential equipment industry, including system kitchens, has become extremely severe, partly due to the decline in housing starts. If competitors introduce similar products at lower prices and price competition intensifies, this could affect earnings.」
While pursuing differentiation through high-quality, high-value-added products, the company identifies the short time required for competitors to market similar products and introduce them at lower prices as risks.