Intensifying Competition for Core Products and Declining Market Share
First written in FY2016. 3 of 7 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2023.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2023RestatedAnnual report
「To mitigate this risk, we will seek to expand sales and market share by broadening our product lineup, revitalizing existing products in line with changes in society and lifestyles, and developing new products that meet customer needs.」
The risks of intensified competition and declining market share for core products were reiterated, with lineup expansion, revitalization of existing products and development of new products presented as countermeasures. - FY2018RestatedAnnual report
「Although our group has secured a stable market share under these conditions, intensified competition and a decline in market share in the future could affect our group's operating results and financial position.」
The potential risks of intensified competition and declining market share for core products were reiterated. - FY2017WorsenedAnnual report
「Other rice cookers performed poorly overall, affected by the stagnant market, inventory adjustments by retailers amid a slowdown in inbound demand from visitors to Japan, and new entries by competitors, resulting in lower total rice cooker sales.」
Regarding intensified competition for core products, new market entrants were identified as an additional factor alongside competition with existing competitors, and the risk materialized as a decline in total rice-cooker sales. - FY2017-Q3MaterialisedAnnual report
「In Japan, sales of 3-cup pressure IH rice cookers increased, but other rice cookers performed poorly, partly due to intensified competition with rival manufacturers, resulting in lower total rice cooker sales.」
For rice cookers, a core product, intensified competition continued to materialize as weak performance by other products and a decline in total sales. - FY2017-Q2MaterialisedAnnual report
「Sales of rice cookers declined overall because sales of other rice cookers were generally below the previous year's results, partly due to intensified sales competition with competitors.」
For rice cookers, a core product, intensified sales competition with competitors materialized as an overall year-on-year decline. - FY2017-Q1MaterialisedAnnual report
「Although sales of energy-saving VE electric vacuum bottles exceeded the previous year's results, sales of electric pots declined partly due to intensified sales competition with competitors.」
For electric pots, one of the core products, intensified sales competition with competitors materialized as a decline in sales. - FY2016First statedAnnual report
「Our group's core products compete with those of home-appliance manufacturers and other companies, some of which have greater research, development, manufacturing and sales resources than our group. Although our group has secured a stable market share under these conditions, intensified competition and a decline in market share in the future could affect our group's operating results and financial position.」
Separate from the intensifying competition specifically involving futon dryers, the risks of intensifying competition and declining market share across core products generally are organized and identified for the first time.