Management and control risks relating to overseas operations and overseas affiliates
First written in FY2020. 6 of 8 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2024: 4 of 16 companies on the "Worse" side.
14 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2022MitigatedAnnual report
「The Group hedges foreign exchange risk arising from the receipt of contract payments and payment of subcontracting costs under construction contracts denominated in foreign currencies by using forward exchange contracts and other instruments, and seeks to avoid risk as far as possible by strengthening credit control through pre-order screening to address the risk of non-collection of receivables. The Group will also continue to enhance the governance structure of its overseas affiliates.」
Specific measures for risks related to overseas businesses and affiliate management are set out, including foreign exchange hedging, credit control through pre-order screening, and enhancement of governance at overseas affiliates. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2022-Q2RestatedAnnual report
「There are no material changes concerning the occurrence of key risks or the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes in the risks related to the management and control of overseas businesses and overseas affiliates. - FY2020First statedAnnual report
「In addition, unforeseen problems or an inability to address these risks may result in deteriorating performance, including failure by overseas affiliates to achieve their business plans, and may affect the operating results and other aspects of the Group's business.」
Risks related to management and control, including failure by overseas affiliates to achieve their business plans, laws and regulations, political instability, and foreign exchange fluctuations, are disclosed as a separate item.