Changes in Overseas Political and Economic Conditions, Laws and Regulations, and Labor Conditions
First written in FY2016. 5 of 17 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2026.
Nippon Parking Development moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
3 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「The Group operates parking and other businesses in Thailand.」
The geographical scope of overseas business risks was narrowed from multiple Asian regions to a focus on Thailand. Collecting and sharing information on local laws, regulations and business practices is identified as a response measure. - FY2023-Q3MitigatedAnnual report
「The COVID-19 states of emergency were lifted in both Thailand and South Korea, and the economies were on a recovery track as restrictions on entry by foreign nationals and other measures were removed. Office tenants returned, and profitability at existing properties improved for both monthly and hourly parking.」
The states of emergency were lifted and restrictions on entry by foreign nationals were removed in Thailand and South Korea, with the recovery of office tenants and improved profitability at existing parking properties noted. - FY2023-Q2MitigatedAnnual report
「Thailand's COVID-19 state of emergency was lifted for the first time in 2.5 years. Office tenants returned as a result, and profitability at existing properties improved for both monthly and hourly parking.」
In Thailand, the lifting of the state of emergency and the recovery of office tenants mitigated the pandemic's impact on the overseas business environment. - FY2023-Q1MitigatedAnnual report
「Thailand's COVID-19 state of emergency was lifted for the first time in 2.5 years. Office tenants returned as a result, and profitability at existing properties improved for both monthly and hourly parking.」
The lifting of Thailand's state of emergency and the recovery of office tenants partially mitigated the pandemic's impact on the overseas business environment. - FY2022-Q2WorsenedAnnual report
「In the overseas parking business, recovery from the economic damage caused by COVID-19 in Asia has been delayed.」
The delayed recovery from the economic damage caused by the pandemic in Asia was noted, leading to the withdrawal from China and Taiwan and a concentration of operations in Thailand and South Korea. - FY2022-Q1MitigatedAnnual report
「In Thailand and South Korea, lockdown restrictions began to ease as the number of new infections declined. Against this backdrop, utilization of hourly parking facilities was gradually showing signs of recovery.」
In Thailand and South Korea, utilization of hourly parking facilities began to recover as the number of new infections declined and lockdown restrictions were eased. - FY2021WorsenedAnnual report
「The number of infections increased in Thailand, South Korea and Indonesia, among the markets where the Company operates, and lockdowns have been prolonged in some areas.」
The impact on the overseas business environment continued as the number of infections increased in Thailand, South Korea and Indonesia and lockdowns were prolonged in some areas. - FY2021-Q3WorsenedAnnual report
「In the overseas parking business, although the impact of COVID-19 had temporarily been showing signs of recovery, the number of infections increased in Thailand, South Korea and Indonesia, among the markets where the Company operates. As some areas entered semi-lockdown, monthly and hourly parking use at offices and commercial facilities declined year on year.」
The number of infections increased in Thailand, South Korea and Indonesia, and parking use at offices and commercial facilities continued to decline as some areas entered semi-lockdown. - FY2021-Q2WorsenedAnnual report
「In the overseas parking business, although the impact of COVID-19 had temporarily been showing signs of recovery, the number of infections increased in Thailand, South Korea and Indonesia, among the markets where the Company operates, resulting in year-on-year declines in monthly and hourly parking use at office buildings and commercial facilities.」
The number of infections increased in Thailand, South Korea and Indonesia, and the impact on the overseas business expanded, as reflected in year-on-year declines in monthly and hourly parking use at office buildings and commercial facilities. - FY2021-Q1MaterialisedAnnual report
「In the overseas parking business, demand for improvements and solutions to potential parking-related issues, including safety, profitability, service quality and insufficient availability, is increasing in Thailand, China, South Korea, Indonesia and Taiwan, where the Group operates. However, in some countries, utilization of hourly parking facilities remains sluggish due to requests to refrain from going out and other factors.」
In the overseas markets, restrictions on economic and social activity due to requests to refrain from going out and other measures continued to manifest themselves as low utilization of hourly parking facilities. - FY2020MaterialisedAnnual report
「However, in China, South Korea and Thailand, economic activity stagnated significantly because large-scale urban lockdowns were imposed in the cities where the Company operates as a measure to contain COVID-19.」
Large-scale urban lockdowns were imposed in China, South Korea and Thailand, the overseas markets in which the Company operates, and economic activity actually stagnated. - FY2020-Q3MaterialisedAnnual report
「However, economic activity in China, South Korea and Thailand declined significantly because the cities in which we operate implemented large-scale lockdowns as measures against COVID-19.」
Large-scale urban lockdowns were imposed in China, South Korea and Thailand, the overseas markets in which the Company operates, and economic activity actually stagnated. - FY2019RestatedAnnual report
「Our group operates parking and other businesses in Thailand, China, South Korea, Indonesia and Taiwan. In our overseas business operations, changes in political and economic conditions, the enactment or amendment of laws and regulations, and changes in local labor conditions may occur」
Changes in political and economic conditions, regulations and labor environments in 5 overseas regions were identified as ongoing risks. - FY2017RestatedAnnual report
「In our overseas business operations, changes in political and economic conditions, the enactment or amendment of laws and regulations, and changes in local labor conditions may disrupt the development of our group's overseas business.」
Changes in overseas political and economic conditions, regulations and labor environments were identified as ongoing risks. - FY2017-Q2MitigatedAnnual report
「In Bangkok, Thailand, private consumption and tourism were affected by a mood of restraint following the death of the King of Thailand, but signs of recovery have emerged since the end of the previous year.」
Although the impact on consumption and tourism from the mood of restraint following the death of the King of Thailand continued, a recovery trend has emerged since the end of the previous year. - FY2017-Q1MaterialisedAnnual report
「In Bangkok, Thailand, consumer activity remains sluggish amid a mood of restraint following the death of the King of Thailand, but」
It was stated that consumer activity in Bangkok was actually sluggish due to a mood of restraint following the death of the King of Thailand. - FY2016First statedAnnual report
「In our overseas business operations, changes in political and economic conditions, the enactment or amendment of laws and regulations, and changes in local labor conditions may disrupt the development of our group's overseas business.」
Changes in political and economic conditions, regulations and labor environments were identified as business development risks for the overseas parking business.