Intensifying competition from existing and new entrants
First written in FY2023. 3 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The number of new entrants may increase, and domestic or overseas companies with technological capabilities exceeding ours may emerge. This could intensify market competition. If we are unable to maintain our competitiveness in the market or customers shift to competitors’ services, this may affect our business results and financial position.」
The company continues to disclose the risk of intensifying market competition from competitors and new entrants. - FY2024RestatedAnnual report
「The number of new entrants may increase, and domestic or overseas companies with technological capabilities exceeding ours may emerge. This could intensify market competition.」
The company continues to disclose the risk of new entrants and intensifying competition. In the bio business, competitor entry has also appeared in actual results through price competition. - FY2024-Q3RestatedAnnual report
「We continue to face difficulties in price competition due to the entry of competitors.」
The company reports that difficulties in price competition caused by competitor entry continue. - FY2024-Q2WorsenedAnnual report
「In addition, we faced difficulties in price competition due to the entry of competitors.」
Entry by competitors has resulted not only in lower orders but also in difficulties in price competition. - FY2024-Q1MaterialisedAnnual report
「Orders for board evaluation in the surface treatment technology business included in the Other Business remained strong. However, orders for genetic testing in the bio business declined because demand for genetic testing fell as demand for pet purchases weakened and competitors entered the market.」
Entry by competitors has materialized as a decline in genetic-testing orders in the bio business. - FY2023First statedAnnual report
「However, the number of new entrants may increase, and domestic or overseas companies with technological capabilities exceeding ours may emerge.」
The company plans to maintain its competitive advantage by improving technology, strengthening relationships with existing customers and expanding business with new customers.