Production risk arising from changes in China’s political and economic conditions, exchange rates and legal and regulatory framework
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2018: 2 of 7 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「As the entity is located in China, significant changes in factors such as sharp foreign-exchange movements, political and economic conditions, and laws and regulations could disrupt its production activities or cause substantial fluctuations in production costs, potentially affecting the operating results of our group.」
It reiterates the risk of changes in foreign-exchange rates, political and economic conditions, and laws and regulations relating to the garment factory in China. - FY2018RestatedAnnual report
「As the entity is located in China, significant changes in factors such as sharp foreign-exchange movements, political and economic conditions, and laws and regulations could disrupt its production activities or cause substantial fluctuations in production costs, potentially affecting the operating results of our group.」
It reiterates the risk of changes in foreign-exchange rates, political and economic conditions, and laws and regulations relating to the garment factory in China. - FY2016First statedAnnual report
「As the entity is located in China, significant changes in factors such as sharp foreign-exchange movements, political and economic conditions, and laws and regulations could disrupt its production activities or cause substantial fluctuations in production costs, potentially affecting the operating results of our group.」
It discloses the risk that changes in foreign-exchange rates, political and economic conditions, and laws and regulations relating to the garment factory in China could affect production activities, production costs and operating results.