Intensifying competition faced by small and medium-sized builders from major players
First written in FY2017-Q1. 13 of 20 entries say "Worsened", first in FY2017. Latest entry: 2026-08-10.
Grandy House moved to the "Worse" side of this theme in 2016, 9 years before the typical company in this theme (2025).
1 other company's latest entry also says "Worsened".
- 2026-08-10WorsenedResults
「しかしながら、プレカット木材市場における事業環境は引き続き厳しく、利益率は低調に推移しました。」
建築材料販売では厳しい事業環境が続き、セグメント利益は前年同期比55.0％減となった。 - FY2026WorsenedAnnual report
「However, profit was pressured by higher depreciation expenses associated with production equipment upgrades, in addition to intensifying competition due to weak housing demand, and segment profit and loss deteriorated significantly.」
In building materials sales, competition continued to intensify amid weak housing demand, while higher depreciation expenses associated with production equipment upgrades also contributed, causing segment profit and loss to turn negative. - FY2026-H1WorsenedAnnual report
「In addition, segment profit fell significantly due to intensifying competition resulting from weak demand and higher depreciation expenses associated with production equipment upgrades.」
In building materials sales, intensifying competition due to weak demand coincided with higher depreciation expenses associated with production equipment upgrades, resulting in a decline in profit. - FY2025WorsenedAnnual report
「Revenue and profit declined year on year due to intensifying competition resulting from weak demand and the impact of production equipment being taken offline for upgrades.」
In building materials sales, intensifying competition due to weak demand continued, and the temporary suspension of operations for production equipment upgrades also contributed to lower revenue and profit. - FY2024-Q3WorsenedAnnual report
「In addition, competition intensified as demand slowed, and conditions remained difficult with respect to securing profit.」
Intensifying competition resulting from slowing demand was reflected in the difficulty of securing profit, and the competitive environment continued to deteriorate. - FY2022WorsenedAnnual report
「If intensifying competition prevents our products from maintaining their competitive advantage, our group's operating results and financial position may be affected by lower sales volumes, lower selling prices, and other factors. In addition, although northern Kanto, where our group is primarily active, is an area where detached homes have a strong competitive position, direct and indirect competition could arise if large numbers of subdivided condominiums are supplied to the market in connection with urban redevelopment and other projects.」
It explicitly identified lower sales volumes and selling prices as effects of intensifying competition, and added large-scale condominium supply as a competitive factor alongside the previous competition among detached-home builders. - FY2020RestatedAnnual report
「In new home sales, competition arises with new entrants in Tochigi Prefecture, our core market, and with existing businesses in other prefectures where we are working to expand our sales area.」
It continues to identify competition from other companies in Tochigi Prefecture and in areas targeted for sales expansion as a risk. - FY2020-Q3RestatedAnnual report
「At the same time, housing starts for subdivided detached homes continued to increase year on year from July through November last year, when completions would occur after the consumption tax increase, while competition among businesses intensified.」
It continues to note that housing starts for subdivided detached homes increased while competition among businesses intensified. - FY2019-Q3RestatedAnnual report
「In the housing industry, housing starts for subdivided detached homes remained firm, supported by continued low mortgage rates, the continuation of various housing acquisition support measures, and improvements in employment and income conditions. At the same time, competition among businesses continued to intensify.」
It notes that housing starts for subdivided detached homes remained firm, while competition among businesses continued to intensify. - FY2019-Q2RestatedAnnual report
「In the housing industry, although fixed mortgage rates had recently begun to rise, mortgage rates otherwise remained low, while housing starts for subdivided detached homes remained firm due to the continuation of various housing acquisition support measures and improvements in employment and income conditions. At the same time, competition among businesses continued to intensify.」
It notes that housing starts for subdivided detached homes remained firm, while competition among businesses continued to intensify. - FY2019-Q1WorsenedAnnual report
「In the housing industry, housing starts for subdivided detached homes remained firm, supported by continued low mortgage rates, the continuation of various housing acquisition support measures, and improvements in employment and income conditions. At the same time, competition among businesses continued to intensify.」
It notes that competition among businesses across the housing industry continued to intensify. - FY2018-Q3WorsenedAnnual report
「However, while orders in the non-residential sector expanded, the residential sector struggled due to intensifying competition for small and midsize homebuilders, which had a negative impact on efforts to expand sales of housing equipment.」
Intensifying competition for small and midsize homebuilders continued to be reflected in difficulty securing orders and a negative impact on sales expansion for housing equipment, with the deterioration in the competitive environment reflected in business results. - FY2018-Q2WorsenedAnnual report
「However, while sales in the non-residential sector expanded, orders struggled amid intensifying competition for small and midsize homebuilders, which had a negative impact on efforts to expand sales of housing equipment.」
Intensifying competition for small and midsize homebuilders was reflected in difficulty securing orders, and the competitive environment continued to deteriorate. - FY2018-Q1WorsenedAnnual report
「In the housing industry, housing starts for detached homes remained solid, supported by continued low mortgage rates, the continuation of various housing acquisition support measures, and improvements in employment and income conditions. At the same time, competition among businesses intensified.」
It notes that competition among businesses across the housing industry has intensified, indicating a deterioration in the competitive environment across a broader range of operations. - FY2017WorsenedAnnual report
「As competition intensified toward the end of the period, when orders were being secured, operating profit was forced to decline.」
It notes that intensifying competition led to lower operating profit through its effects on orders and pricing, with the deterioration in the competitive environment reflected in business results. - FY2017-Q3RestatedAnnual report
「Segment profit declined due to the effects of intense competition and higher material costs.」
In building materials sales, intense competition continued and, together with higher material costs, became a factor behind the decline in profit. - FY2017-Q2MaterialisedAnnual report
「Sales of precut building materials struggled as intense competition with major players continued, resulting in sluggish orders from small and midsize homebuilders and in the non-residential sector.」
It notes that competition with major players was reflected in business results as sluggish orders. - FY2017-Q1First statedAnnual report
「The difficult situation continued for our major customers, small and midsize homebuilders, as they struggled to compete with major players.」
It notes that our major customers, small and midsize homebuilders, are struggling to compete with major players.