Risks Associated with Offshore Development in Vietnam
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We maintain close information exchange with the subsidiary concerned and coordinate with a local accounting firm to respond appropriately. However, our business operations may be disrupted if laws and regulations relating to the services we outsource are enacted or amended, or if local public safety deteriorates due to terrorism, a coup, conflict, riots, war or other social or political turmoil.」
The company continues to recognize the legal, public safety and foreign exchange risks associated with offshore development in Vietnam and to address them through information exchange and coordination with local specialists. - FY2024First statedAnnual report
「If local public safety deteriorates due to terrorism, a coup, conflict, riots, war or other social or political turmoil, our business operations may be disrupted. In addition, sharp foreign exchange fluctuations and foreign exchange restrictions may affect the business performance and financial condition of our group.」
The company addresses this through close information exchange with its Vietnamese subsidiary and coordination with a local accounting firm.