Changes in Laws and Regulations and Social Unrest Affecting Overseas Operations
First written in FY2016. 4 of 10 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2026.
Koike-Ya moved to the "Worse" side of this theme in 2021, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 50 of 95 companies on the "Worse" side.
43 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Because the Group operates in countries and regions around the world, including Taiwan, Vietnam, Thailand and the United States, country risks associated with local political, economic and social changes, terrorism and war may become relatively more significant. If such risks materialize, supply chain disruptions, damage to facilities and difficulties securing personnel or continuing sales activities could adversely affect the Group's business performance and financial position.」
The Company has added the United States to the regions covered by its overseas business and expanded the scope of country risks associated with political, economic and social changes, terrorism and war. - FY2023WorsenedAnnual report
「In the global economy, the possibility of an armed conflict between China and Taiwan is now cited as a potential new country risk. If such a risk were to materialize, it could affect business activities worldwide, including in Taiwan.」
The Company has newly specified the possibility of an armed conflict between China and Taiwan as a country risk in its overseas business. - FY2022-Q4MitigatedAnnual report
「In the Vietnam business, the spread of COVID-19 has subsided, and restrictions on business activities have been lifted compared with the previous consolidated fiscal year.」
The Company states that restrictions on business activities have been lifted with respect to the overseas business risks from the spread of COVID-19 and movement restrictions in Vietnam that became apparent in the previous consolidated fiscal year. - FY2022WorsenedAnnual report
「Because the Group operates in countries and regions around the world, including Taiwan, Vietnam and Thailand, country risks associated with local political, economic and social changes, terrorism and war may become relatively more significant. If such risks materialize, supply chain disruptions, damage to facilities and difficulties securing personnel or continuing sales activities could adversely affect the Group's business performance and financial position. With respect to the current situation involving Russia and Ukraine, the impact on future business could take various forms, including effects on raw material prices.」
The Company has specified the risks associated with expanding overseas operations to include political, economic and social changes, terrorism, war, supply chain disruptions, difficulties securing personnel, and the situation involving Russia and Ukraine. - FY2022-Q2WorsenedAnnual report
「In the Vietnam business, the spread of COVID-19 led to extremely strict movement restrictions across Vietnam, placing severe constraints on both production and sales activities. On the sales side, widespread lockdowns across the country repeatedly prevented sales staff from operating. On the production side, the installation of equipment for increased production was substantially delayed, materials became unavailable because suppliers suspended production, and various restrictions sharply reduced the number of employees able to come to work. These factors caused large-scale product shortages from early autumn, making it difficult to build sales.」
Strict movement restrictions across Vietnam resulted in the suspension of sales activities, delays in equipment installation, material shortages, staff shortages and large-scale product shortages. - FY2022-Q1MaterialisedAnnual report
「In the Vietnam business, the spread of COVID-19 led to extremely strict lockdown measures across Vietnam, placing severe constraints on business activities. In many areas, sales activities targeting independent retailers were completely impossible, while logistics disruptions prevented deliveries to supermarkets and convenience stores, creating an emergency situation on the sales front.」
In the overseas business, the spread of COVID-19 actually resulted in strict lockdowns across Vietnam, suspension of sales activities and logistics disruptions. - FY2019RestatedAnnual report
「The Group is expanding its international operations, including in Taiwan, but changes in local laws and regulations or social unrest exceeding expectations could adversely affect the Group's business performance and financial position.」
The Company has reiterated the risks of changes in local laws and regulations and social unrest associated with the expansion of overseas operations. - FY2018RestatedAnnual report
「The Group is expanding its international operations, including in Taiwan, but changes in local laws and regulations or social unrest exceeding expectations could adversely affect the Group's business performance and financial position.」
The Company has reiterated the risks of changes in local laws and regulations and social unrest associated with the expansion of overseas operations. - FY2017RestatedAnnual report
「The Group is expanding its international operations, including in Taiwan, but changes in local laws and regulations or social unrest exceeding expectations could adversely affect the Group's business performance and financial position.」
The Company has reiterated the risks of changes in local laws and regulations and social unrest associated with the expansion of overseas operations. - FY2016First statedAnnual report
「The Group is expanding its international operations, including in Taiwan, but changes in local laws and regulations or social unrest exceeding expectations could adversely affect the Group's business performance and financial position.」
Local laws and regulations and social unrest associated with the expansion of international operations are identified as risks.