Economic, Foreign Exchange and Political Risks in Overseas Activities
First written in FY2017. 2 of 4 entries say "Worsened", first in FY2018. Latest entry: FY2023.
Taisei Oncho moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「Overseas sales accounted for 26.8% of the Group's consolidated net sales in the current period.」
The overseas sales ratio rose from 19.3% in the previous fiscal year to 26.8%, increasing sales exposure to overseas markets. - FY2022MitigatedAnnual report
「Overseas sales accounted for 19.3% of the Group's consolidated net sales in the current period. In optimizing the allocation of resources overseas, the Group will make business investments that emphasize future potential, diversity and balance.」
The overseas sales ratio fell from the previously reported 21.8% to 19.3%, reducing sales exposure to overseas markets. The disclosure also describes the development of management and risk management systems for overseas subsidiaries. - FY2018WorsenedAnnual report
「Overseas sales accounted for 21.8% of the Group's consolidated net sales in the current period. Changes in economic conditions, foreign exchange rates and political conditions, as well as amendments to laws and regulations, in these overseas markets may affect the Group's operating results and financial position.」
The overseas sales ratio rose from the previously reported 20.8% to 21.8%, indicating a numerical increase in sales exposure to overseas markets. - FY2017First statedAnnual report
「Overseas sales accounted for 20.8% of the Group's consolidated net sales in the current period. Changes in economic conditions, foreign exchange rates and political conditions, as well as amendments to laws and regulations, in these overseas markets may affect the Group's operating results and financial position.」
After showing that overseas sales accounted for 20.8%, the disclosure explicitly identifies economic conditions, foreign exchange, political conditions and laws and regulations in overseas markets as risks.