Changes in the Political and Economic Conditions, etc., in Countries Where We Operate Overseas
First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2022-Q3.
Kajima moved to the "Worse" side of this theme in 2022.
0 other companies' latest entry also says "Materialised".
- FY2022-Q3MaterialisedAnnual report
「In the development business, at the Yankin District Mixed-Use Development in Myanmar, the group had been carrying out only maintenance and management work at the construction site since the political upheaval in the country, partly due to tighter restrictions, including movement restrictions related to controlling infectious diseases. The group determined that conditions were not in place to fully resume construction while ensuring the safety of group employees and skilled workers and maintaining quality. As a result, the completion date and other matters became uncertain, and the group expects to record an impairment loss under extraordinary losses during the consolidated fiscal year.」
Due to the political upheaval and movement restrictions in Myanmar, conditions for resuming construction at the Yankin District Mixed-Use Development were not in place, leaving the completion date uncertain. The group also indicated that it expects to record an impairment loss of approximately ¥16,000 million in the fourth quarter, demonstrating the concrete impact of political and economic risks in countries where it operates overseas. - FY2018RestatedAnnual report
「The group operates businesses in various countries, including the United States, Europe, Asia and Oceania. If significant changes occur in the political or economic conditions, legal systems or other factors in those countries, this may affect business performance and other results.」
The group continues to recognize changes in the political and economic conditions and legal systems of countries where it operates as risks, with Oceania included among its overseas operating regions. - FY2016First statedAnnual report
「The group operates businesses in countries around the world, including the United States, Europe and Asia. If significant changes occur in the political or economic conditions, legal systems or other factors in those countries, this may affect business performance and other results.」
The group identifies changes in the political and economic conditions and legal systems of countries where it operates as risks associated with its overseas operations in the United States, Europe, Asia and other regions.