Country Risk Associated with Overseas Expansion
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2023Review of overseas risk assessmentsAnnual report
「Sudden changes in the political and economic conditions of countries of operation and tighter regulations 3 4 12 … Foreign exchange fluctuations 4 3 12」
The frequency of occurrence and impact of political, economic, regulatory, and foreign exchange risks associated with overseas operations were reviewed, and supply chain disruptions caused by geopolitical risks were included as a response item. - FY2022WorsenedAnnual report
「Sudden changes in the political and economic conditions of countries of operation and tighter regulations 2 3 … Foreign exchange fluctuations 5 2」
The risks associated with political and economic conditions, regulations, and foreign exchange rates related to overseas operations were incorporated into the risk table, and foreign exchange fluctuations were assessed at a frequency of occurrence of 5 and an impact of 2. Geopolitical risks arising from the situation in Ukraine were also added as a factor contributing to uncertainty in the business environment. - FY2019RestatedAnnual report
「The Group operates in countries overseas, and sudden changes in political or economic conditions, significant fluctuations in foreign exchange rates, or unexpected changes in legal regulations may affect business performance and other factors.」
The risks of changes in political and economic conditions, foreign exchange rates, and laws and regulations associated with overseas operations continue to be disclosed. - FY2018RestatedAnnual report
「The Group operates in countries overseas, and sudden changes in political or economic conditions, significant fluctuations in foreign exchange rates, or unexpected changes in legal regulations may affect business performance and other factors.」
The risks of changes in political and economic conditions, foreign exchange rates, and laws and regulations associated with overseas operations continue to be disclosed. - FY2017RestatedAnnual report
「The Group operates in countries overseas, and sudden changes in political or economic conditions, significant fluctuations in foreign exchange rates, or unexpected changes in legal regulations may affect business performance and other factors.」
The risks of changes in political and economic conditions, foreign exchange rates, and laws and regulations associated with overseas operations continue to be disclosed. - FY2016First statedAnnual report
「The Group operates in countries overseas, and sudden changes in political or economic conditions, significant fluctuations in foreign exchange rates, or unexpected changes in legal regulations may affect business performance and other factors.」
Along with the expansion of overseas operations, changes in political and economic conditions, foreign exchange rates, and laws and regulations are explicitly identified as country risks.