Risks to Overseas Operations Arising from Vietnam’s Political and Economic Conditions
First written in FY2016. 5 of 9 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2024-Q1.
0 other companies' latest entry also says "Mitigated".
- FY2024-Q1MitigatedAnnual report
「At the sports clubs operated in Vietnam, new fitness memberships were on a recovery trend, and the number of partner kindergartens providing swimming lessons through the junior swimming school increased.」
New memberships at the 2 facilities in Vietnam were on a recovery trend, and the number of partner kindergartens for the junior swimming school also increased. - FY2023MitigatedAnnual report
「As socioeconomic activity returned to normal, the number of new members and enrolled members increased steadily at both facilities in Hanoi and Binh Duong Province.」
Membership trends at the 2 facilities in Vietnam improved steadily after the closures, indicating that overseas business operating risks were in a recovery phase. - FY2023-Q3MitigatedAnnual report
「At both facilities in Hanoi and Binh Duong Province, the number of new members and enrolled members during the cumulative third quarter increased steadily.」
The number of new and enrolled members at the 2 facilities in Vietnam continued to increase steadily, and the overseas business continued to recover after the closures. - FY2023-Q1MitigatedAnnual report
「The number of new members and enrolled members during the cumulative first quarter increased steadily, including the resumption in May of the junior swimming school at the Hanoi facility for the first time in approximately 1 year.」
The junior swimming school resumed operations in Vietnam for the first time in approximately 1 year, and overseas business operations recovered after the closures. - FY2022-Q3MitigatedAnnual report
「In Vietnam, operations have resumed in stages since November, subject to capacity limits.」
Following the closure of 2 facilities under instructions from the authorities, operations resumed in stages, although subject to capacity limits. - FY2022-Q1MaterialisedAnnual report
「In Vietnam, 2 facilities were closed in stages from 5 May onward at the direction of the authorities.」
The risk to the continuity of the overseas business associated with Vietnam's political and economic conditions materialized in the form of 2 facilities being closed under instructions from the authorities. - FY2020RestatedAnnual report
「Our group's overseas business operates sports clubs in Vietnam. If the operation of the clubs becomes difficult due to the country's political and economic conditions, this could affect our group's business performance.」
The risk of Vietnam's political and economic conditions affecting the overseas business is reiterated. - FY2017RestatedAnnual report
「Our group's overseas business operates sports clubs in Vietnam. If the operation of the clubs becomes difficult to continue due to political, economic or other conditions in the country, this could affect our group's business performance.」
The risks to the overseas business arising from Vietnam's political and economic conditions are reiterated. - FY2016First statedAnnual report
「Our group's overseas business operates sports clubs in Vietnam. If the operation of the clubs becomes difficult to continue due to political, economic or other conditions in the country, this could affect our group's business performance.」
Country-specific political and economic risks concerning the continuity of the Vietnam business.