Risk of Changes in China’s Laws and Regulations, Political Situation, and Economic Conditions
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「If unforeseeable events such as developments in COVID-19 in China or changes in China's laws and regulations, political conditions or economy occur in the future and affect the operations of the Chinese subsidiary, they may affect the Group's business operations and results.」
Infectious diseases in China, its laws and regulations, political conditions and economic fluctuations continue to be identified as external risks to the overseas business. - FY2022-Q3RestatedAnnual report
「In China, the difficult environment continues, with lockdown measures being implemented in response to the renewed spread of COVID-19 and economic activity being affected.」
The Group stated that lockdowns in China and their impact on economic activity continue, reconfirming the external-environment risks relating to its China business. - FY2022-Q2WorsenedAnnual report
「The global spread of the Omicron variant continues, and in China, measures including lockdowns have been implemented, creating concern about their impact on the economy.」
Lockdowns in China and their impact on the economy were added to the previously identified risks relating to China's regulations, political conditions and economic fluctuations. - FY2019RestatedAnnual report
「If unforeseeable events such as changes in China's laws and regulations, political conditions or economy occur in the future and affect the operations of the Chinese subsidiary or affiliated companies, they may affect the Group's business operations and results.」
China's laws and regulations, political conditions and economic fluctuations continue to be described as external risks relating to the overseas business. - FY2018RestatedAnnual report
「However, if unforeseeable events such as changes in China's laws and regulations, political conditions or economy occur in the future and affect the operations of the Chinese subsidiary or affiliated companies, they may affect the Group's business operations and results.」
China's laws and regulations, political conditions and economic fluctuations continue to be identified as external risks to the overseas business. - FY2017RestatedAnnual report
「If unforeseeable events such as changes in China's laws and regulations, political conditions or economy occur in the future and affect the operations of the Chinese subsidiary, they may affect the Group's business operations and results.」
China's laws and regulations, political conditions and economic fluctuations continue to be described as external risks relating to the overseas business. - FY2016First statedAnnual report
「If unforeseeable events such as changes in China's laws and regulations, political conditions or economy occur in the future and affect the operations of the Chinese subsidiary, they may affect the Group's business operations and results.」
Local laws and regulations, political conditions and economic fluctuations were explicitly identified as external risks relating to the Group's operations in China.