Risk of Price Competition and Dependence on Specific Industries
First written in FY2016. 1 of 3 entries say "Worsened", first in FY2018. Latest entry: FY2019.
The whole theme swung hardest in 2026: 42 of 89 companies on the "Worse" side.
- FY2019RestatedAnnual report
「We are strengthening our company-wide sales promotion structure to adequately meet customer needs and working to provide highly functional, reliable products. However, if competition intensifies and selling prices decline as a result of order competition, this could affect our management.」
The risks of intensifying competition and lower selling prices in product sales, and the responses through the sales promotion structure and product quality, continue to be disclosed. - FY2018WorsenedAnnual report
「In addition, product sales are subject to order competition with domestic companies in the same industry. We are strengthening our company-wide sales promotion structure to adequately meet customer needs and working to provide highly functional, reliable products. However, if competition intensifies and selling prices decline as a result of order competition, this could affect our management.」
In addition to order competition with companies in the same industry, the disclosure specifically identifies lower selling prices resulting from intensifying competition as a factor that could affect management. - FY2016First statedAnnual report
「However, our group’s sales have a high degree of dependence on specific customers and industries. While this high sales concentration is also one of the group’s strengths, if the business environment for a specific customer or industry changes in the future due to unexpected changes in economic conditions or other factors, this could affect our management. In addition, product sales are subject to order competition with domestic companies in the same industry.」
The dependence on specific customers and industries, and order competition with companies in the same industry, are described as concurrent risks.