Risks related to local regulations, political conditions and foreign exchange in overseas operations
First written in FY2021. 1 of 3 entries say "Mitigated", first in FY2022. Latest entry: FY2024.
The whole theme swung hardest in 2025: 72 of 117 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「To minimise these risks, the Group strictly avoids rushed overseas expansion, prioritises local marketing and building awareness of the Group's management philosophy and the characteristics of its nursing care services, and seeks to gain a timely and accurate understanding of local conditions by closely exchanging information with consulting firms experienced in overseas expansion, in addition to dispatching employees locally.」
The company continues to address the risks associated with overseas expansion, including local systems, political conditions and foreign exchange, by avoiding rushed expansion and using local marketing, dissemination of its management philosophy, employee dispatches and external consulting. - FY2022MitigatedAnnual report
「To minimise these risks, the Group strictly avoids rushed overseas expansion, prioritises local marketing and building awareness of the Group's management philosophy and the characteristics of its nursing care services, and seeks to gain a timely and accurate understanding of local conditions by closely exchanging information with consulting firms experienced in overseas expansion, in addition to dispatching employees locally.」
The company has specified measures to address overseas expansion risks, including avoiding rushed expansion, local marketing, dissemination of its management philosophy, employee dispatches and information exchange with consulting firms. - FY2021First statedAnnual report
「Overseas business expansion entails numerous inherent risks, including changes in the political and economic conditions of the regions where these subsidiaries are located, unexpected changes in laws and tax systems, differences in business practices, natural disasters and infectious diseases, and foreign-exchange fluctuations. If these risks materialize and prevent us from expanding the business as initially planned, our financial position and operating results could be affected.」
For the first time, comprehensively describes the political, economic, legal, tax, business-practice, natural-disaster, infectious-disease and foreign-exchange risks associated with expansion in China and Vietnam.