Maturation of the domestic market and intensifying price competition
First written in FY2016. 16 of 17 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2025: 9 of 10 companies on the "Worse" side.
6 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to existing business and other risks, including the maturing domestic market and intensifying competition. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to business and other risks. - FY2022RestatedAnnual report
「As the domestic market for industrial measurement and control equipment used in plants and factories matures, companies are strengthening and reorganising their corporate foundations to enhance profitability. We expect customers to review their purchasing channels and competition with other industry players to become even more intense.」
Continues to identify the maturing domestic market, corporate-base reorganisation, reviews of purchasing channels and intensifying competition as business-environment risks. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to existing business and other risks. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to existing business and other risks, including the maturing domestic market and intensifying competition. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to business and other risks. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to business and other risks. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to business and other risks. - FY2020RestatedAnnual report
「As the domestic market for industrial measurement and control equipment used in plants and factories matures, companies are strengthening and reorganising their corporate foundations to enhance profitability. We expect customers to review their purchasing channels and competition with other industry players to become even more intense.」
Continues to describe the maturing domestic market, industry consolidation, reviews of purchasing channels and intensifying competition as part of the business environment. - FY2020-Q3RestatedAnnual report
「To pursue sustained, stable growth even as competition with other industry players intensifies」
Continues to describe the severity of competition with other industry players as part of the business environment. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
Explicitly states that there have been no material changes to business and other risks. - FY2020-Q1RestatedAnnual report
「To pursue sustained, stable growth even as competition with other industry players intensifies」
Continues to describe the severity of competition with other industry players as part of the business environment. - FY2019-Q3RestatedAnnual report
「To pursue sustained, stable growth even as competition with other industry players intensifies」
Continues to describe the severity of competition with other industry players as part of the business environment. States that there have been no material changes to business and other risks. - FY2019-Q2RestatedAnnual report
「To pursue sustained, stable growth even as competition with other industry players intensifies」
Continues to describe the severity of competition with other industry players as part of the business environment. - FY2018RestatedAnnual report
「As the domestic market for industrial measurement and control equipment used in plants and factories matures, industry consolidation and the integration and closure of facilities are taking place. We expect customers to review their purchasing channels and price competition with other industry players to become even more intense.」
Continues to identify the maturing domestic market, industry consolidation and facility integration and closures, reviews of purchasing channels, and intensifying price competition as risks. - FY2017RestatedAnnual report
「As the domestic market for industrial measurement and control equipment used in plants and factories matures, industry consolidation and the integration and closure of facilities are taking place. We expect customers to review their purchasing channels and price competition with other industry players to become even more intense.」
Continues to identify the maturing domestic market, industry consolidation and facility integration and closures, reviews of purchasing channels, and intensifying price competition as risks. - FY2016First statedAnnual report
「The domestic market for industrial measurement and control equipment is becoming increasingly mature, leaving limited prospects for sustained market growth, while price competition is also expected to become more intense.」
Identifies limited growth potential and intensifying price competition in the existing domestic market as risks.