Country risk arising from political upheaval and changes in laws and regulations in Southeast Asia
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2023.
PS Construction moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
4 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「As the group operates in various regions, mainly Asia and Africa, sudden changes in the political and economic conditions of these countries or unexpected major changes in laws and regulations may affect the group's performance.」
The countries and regions subject to overseas country risk have been expanded in wording from previously focusing on Southeast Asia to regions centered on Asia and Africa. - FY2022RestatedAnnual report
「As the company operates in various regions, mainly Southeast Asia, sudden changes in the political and economic conditions of these countries or unexpected major changes in laws and regulations may affect the performance of the group.」
The company continues to disclose the risks of changes in political and economic conditions and laws and regulations associated with its overseas operations, mainly in Southeast Asia. - FY2018RestatedAnnual report
「As the company operates in countries across Southeast Asia, political upheaval, significant changes in laws and regulations, or similar events in these countries may affect business performance.」
The company continues to disclose country risk arising from political upheaval and changes in laws and regulations associated with its Southeast Asian operations. - FY2017RestatedAnnual report
「As the company operates in countries across Southeast Asia, political upheaval, significant changes in laws and regulations, or similar events in these countries may affect business performance.」
The company continues to disclose country risk arising from political upheaval and changes in laws and regulations associated with its Southeast Asian operations. - FY2016First statedAnnual report
「If political upheaval, significant changes in laws and regulations, or similar events occur in these countries, they may affect business performance.」
The company discloses changes in the political environment and laws and regulations in its overseas markets as business-performance risks.