Intensifying Competition Due to Market Globalization and Entry from Other Industries

「In Japan, sales of our core gel nail products declined against a backdrop of increasing commoditization and intensified competition from other companies,」

「As markets globalize, competition with companies from other industries and new entrants is intensifying, which could reduce the Group's market share and profitability and adversely affect its results.」

「The business environment remained challenging and difficult to view with optimism as competition among companies intensified against a backdrop of accelerating technological innovation.」

「In Japan, revenue from both the core gel nail and acrylic products declined as commoditization progressed and new brands from other companies proliferated. Growth in sales of “ARTiS di Voce,” a nail and hand-care product on which the company is focusing, was insufficient to offset the decline in existing brands, resulting in a year-on-year decline in revenue. Overseas, despite focusing on developing new customers, revenue declined year on year in the United States and Taiwan due to aggressive sales of low-priced gel nail products and the ripple effects of tighter European regulations on key raw materials. As a result, sales for the current interim consolidated accounting period were ¥1,063 million, a year-on-year decrease of ¥58 million, or 5.2%. Although selling, general and administrative expenses declined, the company recorded an operating loss of ¥60 million, a ¥20 million deterioration year on year.」

「In the dental industry, the global market for related equipment and materials continues to grow as digitalization advances in dental care. At the same time, competition across the industry has intensified, and the difficult operating environment continued, with little room for optimism.」

「In the dental industry, competition among companies worldwide surrounding digital dentistry is becoming increasingly intense.」

「In Japan, gel nail products for general consumers remained sluggish due to aggressive competition from other companies.」

「Sales of gel nail products for general consumers remained sluggish due to aggressive competition from other companies, resulting in a year-on-year decline in total domestic revenue.」

「Sales of gel nail products for general consumers remained sluggish due to aggressive competition from other companies, resulting in a year-on-year decline in total domestic revenue.」

「The difficult operating environment continued, including increasingly intense competition surrounding the digitalization of dental care.」

「Product commoditization and downpricing are expected to progress further.」

「In Japan, products such as 「エアフロー プロフィラキシス マスター」, a multifunctional ultrasonic dental treatment device, and 「松風ビューティボンド ユニバーサル」, a dentin bonding agent, both launched during the cumulative third quarter of the current fiscal year, contributed to sales. However, intensified market competition resulted in lower net sales than in the same period of the previous year.」

「In Japan, the composite resin for dental fillings “Beautifil Flow Plus X,” launched in the previous consolidated fiscal year, and new CAD/CAM-related products contributed to sales. However, sales declined year on year due to intensifying market competition.」

「In Japan, digital intraoral imaging devices such as “EyeSpecial C-III,” launched in the previous consolidated fiscal year, and the composite resin for dental fillings “Beautifil Flow Plus X,” as well as new CAD/CAM-related products, contributed to sales. However, sales declined year on year due to intensifying market competition.」

「Competition among companies over technology and pricing intensified further, and the difficult business environment continued.」

「In Japan, amid intensifying market competition, new products such as 「アイスペシャルC-Ⅲ」, a digital intraoral imaging device launched during the cumulative third quarter of the current fiscal year, and 「ビューティフィル フロープラスX」, a composite resin for dental fillings, contributed to sales, resulting in higher net sales than in the same period of the previous year.」

「In Japan, amid intensifying market competition, new products such as 「アイスペシャルC-Ⅲ」, a digital intraoral imaging device launched during the cumulative second quarter of the current fiscal year, and 「セラマージュ デュオ」, a hard resin for crowns for premolars and molars launched in the previous fiscal year, contributed to sales, although net sales were broadly in line with the same period of the previous year.」

「In Japan, the company launched the digital intraoral imaging device “EyeSpecial C-III” during the first quarter of the current consolidated cumulative period. Together with chemical products, a focus area for the company, and CAD/CAM-related products, it contributed to sales. However, competition in the market intensified, resulting in a year-on-year decline in sales. As a result, sales for the first quarter of the current consolidated cumulative period were ¥5,174 million, a year-on-year decrease of ¥84 million, or 1.6%. Operating profit was ¥354 million, a year-on-year decrease of ¥200 million, or 36.1%, due to a higher cost-of-sales ratio and an increase in selling, general and administrative expenses.」

「In Japan, the resin cement for dental bonding “Block HC Cem” and the dental curing light “Penbright,” both launched during the third quarter of the current consolidated cumulative period, as well as new CAD/CAM-related products, contributed to sales. However, competition in the market intensified, resulting in a year-on-year decline in sales.」

「In Japan, the resin cement for dental bonding “Block HC Cem” and the dental curing light “Penbright,” both launched during the second quarter of the current consolidated cumulative period, as well as new CAD/CAM-related products, contributed to sales. However, competition in the market intensified, resulting in a year-on-year decline in sales.」

「In Japan, during the first quarter of the current consolidated cumulative period, the company launched the hard resin for crowns “Ceramage Up” and the composite resin for dental fillings “Beautifil Kids.” Although new CAD/CAM-related products contributed to sales, sales declined year on year amid a difficult operating environment due to excessive competition.」

「As markets globalize, the company will face international competition. Entry by companies from other industries is also causing competition in sales to intensify.」